[New Republic] I Worked at Capital One for Five Years. This Is How We Justified Piling Debt on Poor Customers.

by SurveillanceBalloon I recently read this article written by a former Capital One product manager, and thought this subreddit might find it interesting: https://newrepublic.com/article/155212/worked-capital-one-five-years-justified-piling-debt-poor-customers It’s a pretty quick read, but has a few interesting anecdotes and explanations of things like …

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The media just got the memo: Blame Trump for Israel being attacked… 3 years after he’s been out of office. Accuse him of colluding with Russia once again.

by EuphoricTrilby https://www.newsweek.com/donald-trump-israel-intel-russia-hamas-attack-1833094 Despite being out of office for 3 years, Orange Man still to blame for everything bad that happens. How does Newsweak justify this? Oh… accuse him of colluding with PUTIN by rehashing accusations from 2017. F*cking predictable. …

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40 years of Deflation seem to be Over

by DyehuthyTV Caption: For the past 40 years, 10-Year Bond Yields have been steadily Declining… Caption: Until 1980 was the last time Inflation Assets were Above Deflation Assets. Since then, Deflation Assets have continued to Grow at an Annualized Return …

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‘Oops’: What FTX staff wrote on spreadsheet showing $20billion in losses as co-founder Gary Wang testifies at Sam Bankman-Fried trial the company had been stealing its customers’ money for three years before it collapsed

FTX staff wrote ‘oops’ on a spreadsheet which showed it owed $20billion five months before it collapsed. A court in New York heard that Sam Bankman-Fried, the boss of the failed crypto exchange, ordered his staff to prepare the document …

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ED MORRISSEY ON 20 Years in the Blogosphere, and the Danger Ahead. “The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them.”

via hotair: The real crisis didn’t come from professionalization. It came from Big Tech platforms, which first partnered with bloggers and independent voices — and then worked to curtail or even silence them. The first iteration of this came with Facebook, whose …

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If the economy can’t stand on its own two feet after 14 years and at least $40 trillion in free cash printed from the ether, then none of what was done did anything.

by Chris Black Bonds, Bullion, & Black Gold Battered As Hawkish FedSpeak & Inflation Fears Lift The Dollar https://t.co/x8LjjhPw6a— zerohedge (@zerohedge) October 2, 2023 You can’t fix structural problems with a fresh coat of paint and saying everything looks good. …

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“Ten years ago, people who were stealing were hiding products in their jackets or down their pants. These days they’re filling up a trolley and pushing it back out the front door and they don’t care who sees them.”

Cost-of-Living Stress Fuels Crime Wave in Australia, New Zealand (Bloomberg) — A man strolls out of a New Zealand supermarket carrying bags stuffed with nine stolen legs of lamb. Another pushes out a shopping cart stacked with NZ$1,500 ($896) of …

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Blaming the obese is not productive. It’s not like human nature suddenly turned lazy over the last 30 years. Something is poisoning Americans. Let’s find out what it is and eliminate it.

Let’s get big corporations out of the FDA. Let’s get toxic chemicals out of our environment. And as we clean up our environment, let’s create a culture of fitness to get America back in shape. #Kennedy24 Let’s get big corporations …

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With gas prices at a high “When adjusting for inflation, this year’s dividend ranks as one of the smallest in the 42 years of the Permanent Fund dividend’s existence.”

The 2023 Permanent Fund dividend will be $1,312, the Alaska Department of Revenue said Thursday. The annual payments to Alaskans will be disbursed beginning Oct. 5 and continue in the following weeks, the department said. The Permanent Fund dividend amount …

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