Democrats never miss an opportunity to rail against big corporations. Yet they’re eagerly subsidizing their big corporate friends…
Finance
Latest News
Morgan Stanley Sold $5B in Archegos Shares Night Before News Hit That the Private Investment Firm Was About to Collapse…
Morgan Stanley sold roughly $5 billion in shares from Archegos late on Thursday March 25 before news of the doomed private investment firm was made public…Archegos, run by former Tiger Management analyst Bill Hwang, was fully aware that Morgan Stanley was looking to unload its stock along with Goldman Sachs…
Rehypothecated Leverage: How Archegos Built a $100 Billion Portfolio Out of Thin Air… And Then Blew Up…
One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing company of 2021, but then when its luck suddenly ended it was margin called into extinction, leading to billions in losses for the banks that enabled what Bloomberg has dubbed its “leveraged blowout.”…
JPMorgan’s Federally-Insured Bank Holds $2.65 Trillion in Stock Derivatives; How Did It Avoid the Archegos Blowup?…
“This raises the serious question as to whether the Senate Banking and House Financial Services Committees should be investigating the gamification of markets or the monetization of the stock market via Wall Street’s ownership of federally insured deposits.”…
Bipartisan Worry Grows over National Debt, Which Now Totals $85,210 Per Person…
“We will be in a boatload of trouble when we see interest rate spikes,” Democratic Rep. Dean Phillips says, referring to the interest costs on the national debt…
A Paltry 5 Percent of JoeBama’s Infrastructure Bill Goes to Construction…95 Percent Is Social Engineering..
Tucker Carlson Tonight’ hosts slams politicians for creating nothing while taking Americans’ money. Carlson Tonight’ hosts slams politicians for creating nothing while taking Americans’ money…
Morgan Stanley Has Been Strangely Quiet On Its Exposure to Archegos Capital, the Hedge Fund That Blew Up Last Week. Here’s Why….
On March 9 Morgan Stanley announced that it had been “recognized for industry-leading risk management technology.” Three weeks later it has landed in the middle of one of the biggest hedge fund blowups since the financial crisis of 2008, raising serious questions about how it manages risk…
Trump Says Biden’s ‘Ludicrous’ $2 Trillion Infrastructure Package Is a ‘cruel and heartless attack on the American dream’ that will ‘crush’ Workers…
Former President Donald Trump spoke out in advance of the announcement calling it a ‘cruel and heartless attack on the American dream’…Biden plans to pay for $2 trillion of the Build Back Better initiative with a 7% corporate tax increase – bringing the rate from 21% to 28%….will undo former Trump’s famed tax cuts from 2017…
Who Raises Taxes During a Pandemic Already Creating Economic Turmoil? JoeBama, That’s Who…
Think about the logical insanity of this position for a moment…. According to the Biden administration the economy is in trouble, people are struggling, and congress needs to spend trillions to bail out state, local and federal governments along with sending income subsidies to all Americans as the economic crisis around COVID continues…
The Ever Given Ship Stuck in Suez Canal Is on the Move…
Bow of the 220,000-ton Ever Given was finally dislodged from the sandy bank of the Suez Canal on Monday…Fleet of tugboats used high tide to pull on the ship while rescue teams vacuumed sand from the canal bank…
Amazon’s Big Taxpayer Heist…
It’s not enough that Amazon has profited enormously from the COVID crisis. It now wants taxpayers to bailout the Postal Service so it can continue to rake in massive profits…
Senate Overwhelmingly Votes to Extend Small Business Rescue…
Democrats and Republicans reached agreement relatively quickly over the last several days to keep the popular program open…
The Great Reset is Here: Follow the Money – Lockdowns Are Part of The Green Agenda
The top-down reorganization of the world economy by a cabal of technocratic corporativists, led by the group around the Davos World Economic Forum– the so-called Great Reset or UN Agenda 2030– is no future proposal. It is well into actualization as the world remains in insane lockdown for a virus…
There’s a Plot to Suck in More Retail Traders at the Top of a Bubble Market…
And it just so happens that at both recent congressional hearings, Piwowar was pushing for the SEC to redefine its Accredited Investor definition to open the way for small investors to buy shares of private companies…
Biden Admin Rescinds Trump Policy, Cancels $1 Billion in Federal Student Loan Debt…
The U.S. Department of Education said it has scrapped a Trump-era policy in order to fully erase federal student loan debt for borrowers who claim they didn’t receive the kind of college education they were promised…
U.S. “COVID Relief” Was Enough to Give Every Taxpayer $41,870…
For the same $6 trillion in expenditure, the government could have given every federal taxpayer a $41,870 check…
Debts, Deficits, and the Entitlement Crisis…
It should be no surprise to anyone that the United States government has reached new levels of debt after spending trillions of dollars to combat Covid-19. According to the US Government Accountability Office…
The Dark Money “Ring” of Charles Koch and Leonard Leo Gets an Airing Before the U.S. Senate – Followed by a Mainstream Media News Blackout…
Last Wednesday, March 10, a Subcommittee of the Senate Judiciary Committee held a hearing of critical importance to every American on the growing tsunami of dark money that is corrupting the U.S court system, up to, and including, the U.S. Supreme Court…
House Democrats Ram Through Massive $1.9T COVID Bill Without Single GOP Vote, Headed to Biden’s Desk…
Republicans firmly rejected the legislation as too big…
Democrats’ ‘COVID Stimulus Bill’ Erases San Francisco’s Debt for Speaker Pelosi and Eliminates New York State’s Fiscal Year Budget Deficit for Senate Leader Schumer…
The Democrats’ COVID Stimulus Bill does little to address the hardships Americans endured over the past year due to government shutdowns but it does do much to pay off or keep Democrat city and state governments afloat for the foreseeable future…
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