For the First Time in History, the Fed Is Reporting Billions in Losses Weekly; It’s Still Paying High Interest Income to the Mega Banks on Wall Street

https://wallstreetonparade.com/2024/04/for-the-first-time-in-history-the-fed-is-reporting-billions-in-losses-weekly-its-still-paying-high-interest-income-to-the-mega-banks-on-wall-street/ The Federal Reserve is losing billions of dollars weekly for the first time ever. Here’s the breakdown: The Problem: The Fed gets low interest (~2%) on the massive amount of bonds it bought during economic stimulus programs (QE). However, they pay …

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Gaslighting headline…

Cash bonuses are down across Wall Street. But not for some top execs. Cash bonuses fell across Wall Street during a challenging 2023, according to a new report, but some bosses were able to buck that trend. Cash payouts for …

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China deliberately allowing export of deadly devices that turn handguns into machine pistols as it seeks to destabilize US with street warfare, says explosive new book

China is deliberately allowing the export of deadly devices that turn handguns into machine pistols as it seeks to destabilize the US with street warfare China ‘foments division by putting weapon-enhancing’ devices on the streets That is the conclusion of …

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Five Wall Street ‘Casino’ Banks Hold $223 Trillion in Derivatives — 83 Percent of All of the Derivatives held at 4,600 Banks. The vast majority of which are held in SWAPS. Everything is fine

By Pam Martens and Russ Martens: February 13, 2024 ~ According to the Financial Crisis Inquiry Commission (FCIC), derivatives played a major role in the financial crash of 2007 to 2010 in the United States, the worst financial crisis in …

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NYC Just Banned Street Vendors… Why?

NYC just passed new laws banning vendors from certain parts of the city. Officials herald this as a win for pedestrians, but to the hundreds of small businesses that now must move out or shut down, and uncertain future awaits.