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Post by kenmb on Sept 29, 2020 21:48:47 GMT -6
I got through a good part of the debate, found better things to do once global warming came up as the topic. Not much to talk about, basically a shit show. Biden wins for showing up and being coherent. Trump nailed some points regarding law and order. When you get down to what government should be providing for citizens to pursue life, liberty and freedom, law and order is pretty high on the list. Training on racism - not so much. And Biden wasn't wearing a mask for a change.
Figured I would post this link as another reflection on the reality or things.
What can we conclude from this article:
Deferred prosecution agreement. Yes, we are guilty as hell but struck a deal because some people were dumb enough to offer it, where no one looks deeper into what we are doing. And we get to keep working in the business, but need to self report any future wrong doing.
No jail time for anyone.
Make about $100B in the process and pay $1B in fines. A fine paid by a business that creates money out of thin air.
High frequency trading and trades that have no minimum time limit are a few things that enable this activity. Because, well, having a trade that must be in place for at least, say two hours, before reversing your position would apparently destroy the idea of price discovery and free markets. As one commentor said, run a legal business and pay 25% to taxes. Do it illegally, pay less than 10% in fines, get no jail time, and keep doing what you are doing.
But, this is precious metals so surely no such thing would happen anywhere else. Futures trading in other commodities is actually about free markets. Just some bad apples at JPM, and DB, and Scotia Bank, and Wells Fargo. Because, if it was not really legitimate, or illegal activity was going on, the government would come down hard and then make a bunch of changes to stop it from happening again. And the article lays out exactly how that all works out in reality.
Rotten to the core. Not just a few people make up the swamp. But, you get to vote and that will change it all if your party gets in.
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Post by kevlar on Sept 29, 2020 22:54:02 GMT -6
Wasn't sure where to put this so thought this thread was more appropriate than the Trudeau one, as it has nothing to do with him, unless at some point he sees a need to try block it. Sad when the US and Trump does more for western Canada than any political party has in, well pretty much forever. I haven't been watching or reading much news, as it's all crap and BS anyways, so maybe I missed it, but why aren't stories like this and the one about JPM that kenmb posted making the headlines? A kid and his mother is afraid to go to a playground because of Covid and it will get a half hour slot on national news, but these stories don't get mentioned.
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Post by kenmb on Sept 30, 2020 9:16:12 GMT -6
Read an interesting article last year about a long term goal to create a transportation corridor that links the continents with rail. The Bering Straight is the only impediment at 51 miles. If you lay out a map of the world you can see how it is possible. Rail from western Canada up to Alaska would certainly fit that idea. If we take a Trump-centric view with hopes Trump is helping the little guy then it could be seen as a good move by Trump. Our globalist leader Trudeau is doing all he can to isolate Canada and also drive up oil (energy costs) by restriction in energy supply. And if all globalists do this at the same time under "save the planet" then mission accomplished. But if a few don't play ball and circumvent the restrictions then the globalists are set back.
Need to look at things in the big picture to see how it really works. Let's say you have a very capitalist/free society orientated state/province. What happens is people will soon realize that if they are of that ideology, they will move there. And such a place will continue to grow and reap the benefits. Meanwhile, the more socialist/communist run places will slide even more so that way. You will see a very stark contrast. The fact this doesn't actually happen right now is a good indication that capitalist/free societies don't really exist. There is enough control in each jurisdiction to ensure no state/province is actually free to move in a particular direction. It's why Kenney in Alberta, and Moe in Sask keep doing what they are doing. They will never follow a true right wing path, too much control to prevent it. So, as AB posted the other day, it's no surprise Kenney is not playing out like people originally thought. Just another posser. It's why, if the CPC gets elected, all the things Trudeau implemented and could easily be undone, won't be. The right wing really isn't that right wing. The only way socialism and the welfare state works is because there is no other alternative allowed to exist. We have "right wing" localities but they are far, far from being truly that. Competition is not allowed.
However, we can follow some of what Trump is doing and see that just maybe, all that is being challenged. Trump is doing a lot to create the alternative that has been so long prevented from existing. Maybe he is simply serving a globalist agenda, don't know. But he spoke of rule of law and public peace last night and pointed out the stark contrast between Socialist cities and other places. And law enforcement. Trudeau will not talk of such things. Our "right wing" provincial governments also fail heavily on things that really matter. Like covid lockdown.
So, perhaps Trump is providing the alternative to what Trudeau is doing. In a big picture world, that alternative is a big deal as it undermines the Trudeau ploy in ways that can't be understood unless you understand the idea of a system where real alternatives are not allowed to exist. A few examples are nuclear energy can't be used to stop global warming, using grain for fuel can't be used either because it takes food from people. There are many examples.
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Post by kenmb on Oct 1, 2020 11:01:11 GMT -6
Lots of interesting articles this morning on ZH covering a lot of different aspects of how things work. Will throw this one in here as it kind of links to the JPM "conviction", if we could call it that. www.zerohedge.com/markets/today-might-be-shock-worlds-third-largest-equity-market-suffers-historic-all-day-tradingCouple of things to point out as it has been mentioned many times already how the central banks openly state (not speculation or tin foil talk) of Japan and Switzerland buy equities with money created out of thin air (because that is the exact function of a central bank). I beleive the BoJ owns something like 40% of the major holdings of the TSE because of its ETF purchases. So it is interesting when the entire trading system in Japan goes off line for a while. And with the presidential election near. Because my guess is a central bank doing the kinds of things they actually say they are doing, may be able to effect the markets in other countries - if they really wanted to. Like SNB buying Apple shares for example. From the article: The halt, which surely infuriated the Bank of Japan which now sets the public mood through the stock market, where it buys record amounts of ETFs to manipulate the "wealth effect", dampened investor sentiment following a positive U.S. stock market performance overnight and closures in other major markets in the region, including China, Hong Kong, South Korea and Taiwan for public holidays, according to Bloomberg.
“There will be a huge surge in trading volumes around the U.S. presidential election, and this does raise some concerns about the TSE’s ability to process a large increase in orders,” said Hideyuki Ishiguro, a senior strategist at Daiwa Securities.
And, in case you missed the idea of SNB buying stocks and capitalism, free markets, price discovery, etc we have this example.
Too bad the same people making these awesome investments for SNB aren't advising the Swiss pension plans also which is apparently suckling ass at being as market knowledgable.
So, the question is, if SNBs only business is to create/issue money then how did they get the finances to go out and purchase these stocks. And same for Bank of Japan. And is this how capitalism and free markets work. Now, what sort of news articles would catch your eye if you understand these things.
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Post by kenmb on Oct 1, 2020 19:34:53 GMT -6
Another article that's interesting since it is a case in point to what I posted the other day. www.zerohedge.com/economics/boeing-moves-all-787-dreamliner-production-south-carolinaLet's say Boeing actually starts moving more production from a heavily Socialist state to a more right wing one. That it's not just a threat. Consider the ripple effect, or perhaps cause>effect is a better term. Washington is a pretty heavy Socialist area. Sanctuary cities, lots of people expecting government payments. Union workers wanting their cut of everything too. And the state seems to do ok, federal government always finds away to park boat loads of wealth into jurisdictions that should be bankrupt. Canada has those provincial transfer payments that act similarly. So Trump is going to cut funding to sanctuary cities and other means to defund jurisdictions that are not serving the taxpayers well. Suppose Washington actually does loose a bunch of federal government payouts. Then what. Raise taxes on the fewer and fewer tax payers? On businesses? What happens then. Not much if business and people don't have an alternative. But suppose the playing field is levelled. Socialist states no longer get government payouts and capitalist states run on capitalist principles. What is the long term effects. Suppose Boeing actually moves production to South Carolina, that a bunch of jobs go there too. Start plotting the trajectory of life for the average person in SC vs Washington if the federal government steps aside. Do not underestimate the long term effects of the government interventions we have not just come to accept, but demand. Like when you demand government give a corporation big money to build a business. Because every time that happens there are winners and loosers being chosen and the people making those decisions probably have a far bigger and long term game plan then you simply saying "but we need the jobs". |
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Post by hillbillyreefer on Oct 1, 2020 23:29:27 GMT -6
Things just got interesting. President Trump and the First Lady have both tested positive for the Wuhu flu.
Hopefully they stay healthy and can continue on with an altered campaign.
The lefty’s have got to be raging in delight with this news.
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Post by Oatking on Oct 2, 2020 6:34:58 GMT -6
Bidens jock strap appears to be working against the scourge! At trumps age this is a serious health issue and hope he pulls thru, however I like how he never hides from the public. He is a grab the bull by the horns type of guy!
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Post by cptusa on Oct 2, 2020 7:26:45 GMT -6
Probably wouldn't even know he had it if he wasn't tested constantly. Media and libs are sure giddy over it.
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Post by kenmb on Oct 2, 2020 9:39:35 GMT -6
Yup, tested positive for the scamdemic. Without the test no one would know. That 99.97% survival rate is going to be a nail bitter. Good old BoJo was in intensive care then back home 3 days later. Of course the media is already talking of the presidential position now being vacant and Continuation of Government (COG) plans must be set in motion. Because, well, you know - positive test result means imminent death according to the long running media narrative.
For the last week a lot of the conspiracy chatter was that something was going to happen Oct 2. Also Oct 4 is thought to be an important date. Will see how it all plays out. As I mentioned, lots of interesting news stories this last week or so. I mean real news, not the propaganda thought programming stuff. Speculation therefore is POTUS and FOTUS intentionally removed from public eye. We will see. October was always shaping up to be a month to pay attention to. This development most definitely adds to that thinking.
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Post by meskie on Oct 2, 2020 9:49:23 GMT -6
Good way for him to be locked down without much suspicion. If something was gonna happen
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Post by kenmb on Oct 2, 2020 11:12:38 GMT -6
I thought Trump formally designated ANTIFA as a terrorist organization. I haven't been paying close attention to the guts of articles because I don't see anything in a search other that him saying he is going to do it. There is nothing grassroots about ANTIFA and BLM. It is all organized and controlled, right down to the cities and local administrations that support these groups burning down properties and terrorizing citizens then calling it peaceful and good - and then targetting those who oppose these groups. Like Proud Boys. So you have sedition operating in your country and promoted by the media. All the while building strength into the election. Well, actually not building strength. How the public's opinion of these groups and actions as well as rule of law coming to the front is something to note. Just remember there are a lot of bad elements at work. And even if the groups are shattered, all that has to happen is the MSM declares Biden the winner before results are all in and you create the green light for every subversive group to come out of the woodwork and set the story that this is all factual. There is a lot we don't know about. Those fighting age men crossing open borders are not all coming to pick vegetables and earn some cash. China owning ports and having full control of inspections is not just about getting sub par bearings and shoes into the US market, or tainted drugs. You really have to ask how people decide that selling ports within your country to another country is a good idea. But, in other news Claire Bronfman getting another conviction yesterday. Judge gives sentence greater than prosecution requests. Some justice out there though I am pretty sure WaPo is spinning the truth to make far less obscene than reality. www.washingtonpost.com/nation/2020/10/01/nxivm-clare-bronfman-sentencing/ |
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Post by kenmb on Oct 3, 2020 10:15:35 GMT -6
A few random articles. Trudeau government wants to contract out gun confiscation. No bidders. I find that odd that #1 - the government would not execute a government initiative of this nature and 2# no one wants a piece of the government gravy train. firearmrights.ca/en/confiscation-woes-mount-for-liberals/First of all, someone actually suggests a jurisdiction should go bankrupt. But apparently there is no means for governments to declare bankruptcy? How so? Everyone else can. It's the banks job (because they are apparently legitimate run business all about squeaking out a profit and thus not making bad business moves) to assess a risk, lend accordingly, and stop lending if they see a risk. Yet banks will somehow lend to infinity when it comes to a government that has demonstrated a long history (decades) of not being able to meet its obligations. And, these states and cities with really bad debt problems also have gold plated pension plans. Yet no one in power or at the banks can put 2 + 2 together and understand reality. How so. Some of these jurisdictions are the definition of at risk borrowing for a bank. But, I guess if you are not allowed to declare bankruptcy then that changes everything for both the banks and the jurisdiction. Interesting. www.nytimes.com/2020/04/22/us/coronavirus-mcconnell-states-bankruptcy.htmlProsecute five former Mexican presidents in a row? Really? For what exactly. Isn't Mexico a nice well run country and we are climbing over ourselves to sign free trade agreements. AMLO is taking an interesting position here. nationalpost.com/pmn/news-pmn/crime-pmn/mexico-top-court-backs-referendum-on-prosecuting-ex-presidents-2/wcm/82764839-b74c-4bb4-845e-c203e5e1b7a6/amp/Michigan supreme Court rules the Governor does not have the authority to act as a dictator in single-handedly proclaiming scamdemic lockdown. Once again a tight 4-3 decision. You would think something like powers of the highest position in a state would have been clearly defined, oh, 140 years ago. Can't help but think this could have gone the other way just as easily. Many more state challenges in the works. www.mlive.com/public-interest/2020/10/gov-has-no-authority-to-continue-state-of-emergency-michigan-supreme-court-rules.htmlAnother Indictment for voter fraud. Not a conviction, it means there is evidence for a trial. |
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Post by kenmb on Oct 4, 2020 10:48:42 GMT -6
Hardly worth posting, but if you dismissed it as conspiracy talk the first 10 times then this should help point out how the scamdemic helps bring up the "need" for digital currency. The Dems tried to write it into a relief bill arguing the Federal Reserve needed this tool to speed up stimulus payments to individuals. Of course, what is missing is that I already get government payments direct to my bank account such as income tax refund. According to the money changers, it matters if it comes from the central bank directly rather than borrowed from the CB by the government and then put in your account. Who really believes the Fed and ECB are "studying" a digital currency and deciding if it may have a benefit in the future. And what happens when cash is gone? Want to by something used. How about an imposition on how much/what you can buy. Need more diesel? Too bad, you used your green-deal allotment for the month, transaction is blocked, try next month. Instead trade some cows with your retailer for 2000gal and then have the fuel retailer figure out how to square their numbers to get their tanks filled because every single transaction will be known. And if 2000 gal is unaccounted for by the retailer, well, they now have a problem because no transaction shows 2000 gal going out. It wasn't done by cash to circumvent some imposed restrictions, cash is gone. Everything digital means no book keeping error either. Dead ends everywhere, your existence is owned. But, free money direct to your account. So winning. www.zerohedge.com/markets/ecb-trademarks-digital-euro-it-begins-experiments-digital-currency-launch |
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Post by kenmb on Oct 9, 2020 10:21:34 GMT -6
Interesting comments from Mark Meadows and DJT on that drug DJT took that cured him in under 3 days. They are suggesting the government would provide it for free. And heads exploded everywhere at that idea. Consider the effects of such a thing - no lockdowns, no vaccine, no big Pharma cash cow. The government will be involved in production and if you catch a cold while at work you go see a doctor and be cured. High risk people would still be expected to exercise caution/limit exposure. So we pay attention to how eagerly the MSM is covering this entire saga and how the end to covid-19 is potentially here. Crickets. October is certainly interesting. A guy should probably consider grain markets as not being isolated from all the crap going on.
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Post by Albertabuck on Oct 9, 2020 20:52:51 GMT -6
Holy shit, this prick makes Antifa look like the Girl Guides...
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