A hub for independent voices and hard truths
by laflammaster Imagine if you could just say one thing and do the opposite all day with no personal consequences. No wonder these people will do everything they can to keep this system in place.
by Dismal-Jellyfish Source: https://www.fdic.gov/news/speeches/2023/spjun2223.html TLDRS: After the 2008 financial crisis, banks were found to be undercapitalized and over-leveraged, leading to a complete overhaul of capital requirements through a set of rules known as Basel III. The aim was to ensure banks …
by Michael The verdict is in. Joe Biden is the worst president in the entire history of the United States, and that is really saying something because we have had some absolutely horrible presidents. Just about everything that Biden has …
via beckernews: Hunter Biden is being charged for federal tax violations and a gun charge, according to a breaking news report by NBC on Tuesday morning. “Federal charges have been filed against Hunter Biden in a case involving taxes and gun possession …
via WSJ: Federal ethics rules require executive-branch employees to recuse themselves when circumstance would cause a “reasonable person with knowledge of the facts to question his impartiality.” FTC ethics official Lorielle Pankey wrote in a 14-page memo dated Aug. 31, …
Now you know why student loans will never be forgiven. https://www.advisorperspectives.com/dshort/commentaries/2023/06/09/feds-financial-accounts-what-are-uncle-sams-largest-assets https://www.fiscal.treasury.gov/reports-statements/financial-report/balance-sheets.html Then, drilling down on “Note 4.” https://www.fiscal.treasury.gov/files/reports-statements/financial-report/2022/notes-to-the-financial-statements4.pdf h/t PettyWitch
Bonkers ruling— Federal judge in Massachusetts says a shirt that reads “there are only two genders” is not protected speech and “invades the rights of others.”https://t.co/uzcVh60rlZ pic.twitter.com/Nyb9yi5OR6 — Marina Medvin 🇺🇸 (@MarinaMedvin) June 17, 2023 As someone who grew up …
The SEC and Federal Reserve are investigating Goldman Sachs’ role in purchasing $21 billion of SVB’s securities portfolio, as well as its role in advising SVB in raising capital. Goldman Sachs is cooperating with and providing information to various governmental …
by Dismal-Jellyfish Source: https://www.federalreserve.gov/newsevents/pressreleases/monetary20230614a.htm Recent indicators suggest that economic activity has continued to expand at a modest pace. Job gains have been robust in recent months, and the unemployment rate has remained low. Inflation remains elevated. The U.S. banking system is …
Both Trump and his aide Walt Nauta were placed ‘under arrest,’ booked and fingerprinted as they awaited Tuesday’s court proceedings. Trump was not placed in handcuffs and no mugshot was taken. CNN reported: Former President Donald Trump has been arrested …
by Simon Black On August 4, 1964, two US Navy destroyers were conducting intelligence patrols in the Gulf of Tonkin off the coast of Vietnam, when the task force commander grabbed the radio and reported that they were under attack …
Hedge funds are continuing to bet against short-dated Treasuries, extending their record selling streak as wagers mount that the Federal Reserve’s tightening cycle is far from over. https://t.co/98PnJfM6c7 pic.twitter.com/fFQVUQb7Hp — Mo Hossain (@MoHossain) June 12, 2023 🚩 Deutsche Bank expects …
gov.uscourts.flsd.648653.3.0_2 by PJ Media https://pjmedia.com/news-and-politics/paula-bolyard/2023/06/09/breaking-trump-federal-indictment-unsealed-read-it-here-n1701952
via NYPOST: The federal indictment lodged against former president Donald Trump includes seven charges that carry a maximum 75-year prison sentence if convicted on all counts. The charges against Trump include: willfully retaining the national defense documents, conspiring to obstruct …
https://t.co/J8joLEILkG — Win Smart, CFA (@WinfieldSmart) June 8, 2023 No it isn't. https://t.co/Yz6TjPCYMI pic.twitter.com/ns9EdXBrd1 — Financelot (@FinanceLancelot) June 7, 2023 Treasury Secretary Yellen warns of commercial real estate ‘issues’ that could strain banks (by the time Yellen the Felon notices …
by Dismal-Jellyfish Source: https://www.sec.gov/news/statement/gensler-statement-credit-ratings-060723 Today, the Commission is considering adopting a set of final rules to remove references to credit ratings from Rules 101 and 102 of Regulation M (Reg M). I am pleased to support these rules because they …
by confoundedinterest17 Fed inferno! One has to wonder about The Feral Reserve. Since The Great Recession of 2008, The Federal Reserve has printed a staggering amount of money (know as QE). There is still about $8.3 TRILLION in monetary stimulus …
TALLAHASSEE, Fla. (WFLA) — A federal judge ordered Florida to stop enforcing its ban against providing gender-affirming healthcare to transgender children for three families, according to newly-released court documents. On Tuesday, Judge Robert L. Hinkle, of the United States District Court …
by BoatSurfer600 Often at the mercy of the dollar, emerging countries are looking to insulate themselves from the vagaries of U.S. Federal Reserve policy by shifting to gold—and away from the greenback. This shift in their currency reserves poses a distinct risk to Americans, who benefit from …
by Dismal-Jellyfish https://www.federalreserve.gov/newsevents/pressreleases/files/bcreg20230601a1.pdf Under the proposed rule, the agencies would require institutions that engage in covered transactions to adopt policies, practices, procedures, and control systems to ensure that AVMs adhere to quality control standards designed to ensure the credibility and …
by Chris Black These are the biggest loans (a little bit different from QE though, as they must be repaid with interest >0 ) in the history of the Federal Reserve by the way. RT: US banks… Continue reading by …