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 Post subject: Re: wallst
PostPosted: Tue Sep 11, 2018 9:59 pm 
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why rock the money pit.


https://www.rawstory.com/2018/09/mormon ... documents/
Mormon missionaries admitted to sexually abusing children — but the church didn’t refer them
to police: leaked documents

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Fri Sep 14, 2018 8:10 pm 
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theyre all shorting the markets again. its why the DOW "looks" good, however there its nothing
but bullshit, no there there.


https://www.rawstory.com/2018/09/trump- ... tastrophe/
The Trump economy is rocketing towards another massive financial catastrophe---
...
So we’re all good, right? Wrong, says Greenberger.

The banks may have turned away from the business of insuring bundles of mortgages, but now they’re bundling and betting other kinds of debt, like credit card debt, student loans, auto loans, corporate loans — you name it. It’s the same casino games: they make asset-backed securities which turn into CDOs, then come the “naked” credit default swaps, and so on. Once again, people who are not making the loans are betting that those loans won’t be paid off.

And guess what? While everybody was relaxing, the banks figured out a way to do their swaps deals outside of the jurisdiction of Dodd-Frank. They snuck the risky business overseas where the U.S. regulators can’t watch them.

One thing they didn’t move overseas: the risk to you.

The shady scheme went down like this: In 2013, the CFTC put out guidelines about how Dodd-Frank would apply to swaps executed outside the U.S. The CFTC said that “guaranteed” foreign subsidiaries to U.S. bank holding companies that traded swaps were subject to Dodd-Frank regulation. Since the standard swaps agreement for over two decades included a guarantee that the U.S. bank would back the deal if things went south for a foreign subsidiary, there was no reason to worry if risky swaps were traded by that subsidiary. Everybody understood if you were the counterparty to one of these deals, you counted on the bank to stand behind the foreign subsidiary.

So far, so good. Except for the matter of a tiny footnote.

Deep in the fine print of hundreds of footnotes in the CFTC guidelines, the major swaps dealer trade association found a little item saying that in a contract, you could, if you really wanted to, choose not to guarantee deals made in a foreign subsidiary. If you did not guarantee them, then Dodd-Frank would not apply.

The swaps dealers association pounced. They said to their members, like Bank of America and Citigroup: Let’s do it! Just put a note in the contract that you won’t stand behind the subsidiary if it fails. We’ll move as many swaps as we want to our newly “deguaranteed” foreign offices so we can forget all about Dodd-Frank. Under cover of darkness, without notifying the CFTC, they got rolling. The banks got so cocky that some swaps dealers just started doing their deals in New York and then, after they were done, “assigning” them to foreign subsidiaries. Presto! No more pesky regulation.
....
To this, Greenberger says, “Who are they kidding? Just look at the EU. Deutsche Bank is hanging on by its fingernails. Many Italian banks are failing. Turkey is in terrible trouble. The financial markets in those countries are teetering, and we’re going to rely on them to regulate this stuff?”

There’s another catch: U.S. regulators can’t get information on these “foreign” deals, so nobody knows the full extent of the trading. But you can think in terms of many trillions of dollars.
Basically, we’re right back to a non-transparent market with boatloads of money sloshing around everywhere. Just like last time.

American students are amassing huge piles of debt. If students stop paying off their loans, there will be a lot of defaults. Actually, it’s already starting to happen. On Wall Street, people have been betting on these defaults and buying naked credit default swaps to guarantee that they will be paid if the students can’t pay.

By the way, wonder why it’s so hard to get out of student debt once you’ve got it? Because the Wall Street casino guys with the naked credit default swaps want their insurance money, that’s why.
Casino games are also rolling with credit card debt. Same thing with auto loans. Corporate-debt, too. We’re talking trillions of dollars in defaults. Sound familiar?

If this continues, what happens to the credit defaults swaps that have been assigned to an office in Frankfurt? Who pays if the foreign subsidiary goes under? Not the citizens of Germany, says Greenberger. You can be sure of that.
...
It’s 2007 all over again.

Greenberger says that if big financial firms fail because they can’t pay each other off, it’s not going to be a recession, but more like the Great Depression. A worldwide economic meltdown with everybody trying to get their money out of the banks and institutions failing everywhere you turn. The only way to stop it would be to bail the banks out.
...
Political Chaos on the Horizon

It would be hard to exaggerate just what a political crisis this would be. The Tea Party, you’ll recall, emerged as a response to anger at the bank bailouts. Bitterness over the injustice of what happened in 2008 may well be a key reason why Trump is president.

“Everybody else went through trauma, except the big banks,” Greenberger observes. “Dick Fuld of Lehman has got houses all over the world, sitting pretty. The head of Merrill Lynch got a golden multi-million dollar parachute. The rest of us were losing jobs or flipping hamburgers at McDonald’s. If something goes wrong again and there’s wind that these four big banks are somehow going to be rescued in spite of their recklessness, there will be political hell to pay for that.”

Remember, another systematic bank failure leaves two ugly possibilities: a bailout or a depression, with perhaps a third of the country out of work.
....

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Fri Sep 14, 2018 9:09 pm 
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Joined: Mon Jun 06, 2011 10:27 pm
Posts: 9073
Location: miles from nowhere
theyre all shorting the markets again. its why the DOW "looks" good, however there its nothing
but bullshit, no there there.


https://www.rawstory.com/2018/09/trump- ... tastrophe/
The Trump economy is rocketing towards another massive financial catastrophe---
...
So we’re all good, right? Wrong, says Greenberger.

The banks may have turned away from the business of insuring bundles of mortgages, but now they’re bundling and betting other kinds of debt, like credit card debt, student loans, auto loans, corporate loans — you name it. It’s the same casino games: they make asset-backed securities which turn into CDOs, then come the “naked” credit default swaps, and so on. Once again, people who are not making the loans are betting that those loans won’t be paid off.

And guess what? While everybody was relaxing, the banks figured out a way to do their swaps deals outside of the jurisdiction of Dodd-Frank. They snuck the risky business overseas where the U.S. regulators can’t watch them.

One thing they didn’t move overseas: the risk to you.

The shady scheme went down like this: In 2013, the CFTC put out guidelines about how Dodd-Frank would apply to swaps executed outside the U.S. The CFTC said that “guaranteed” foreign subsidiaries to U.S. bank holding companies that traded swaps were subject to Dodd-Frank regulation. Since the standard swaps agreement for over two decades included a guarantee that the U.S. bank would back the deal if things went south for a foreign subsidiary, there was no reason to worry if risky swaps were traded by that subsidiary. Everybody understood if you were the counterparty to one of these deals, you counted on the bank to stand behind the foreign subsidiary.

So far, so good. Except for the matter of a tiny footnote.

Deep in the fine print of hundreds of footnotes in the CFTC guidelines, the major swaps dealer trade association found a little item saying that in a contract, you could, if you really wanted to, choose not to guarantee deals made in a foreign subsidiary. If you did not guarantee them, then Dodd-Frank would not apply.

The swaps dealers association pounced. They said to their members, like Bank of America and Citigroup: Let’s do it! Just put a note in the contract that you won’t stand behind the subsidiary if it fails. We’ll move as many swaps as we want to our newly “deguaranteed” foreign offices so we can forget all about Dodd-Frank. Under cover of darkness, without notifying the CFTC, they got rolling. The banks got so cocky that some swaps dealers just started doing their deals in New York and then, after they were done, “assigning” them to foreign subsidiaries. Presto! No more pesky regulation.
....
To this, Greenberger says, “Who are they kidding? Just look at the EU. Deutsche Bank is hanging on by its fingernails. Many Italian banks are failing. Turkey is in terrible trouble. The financial markets in those countries are teetering, and we’re going to rely on them to regulate this stuff?”

There’s another catch: U.S. regulators can’t get information on these “foreign” deals, so nobody knows the full extent of the trading. But you can think in terms of many trillions of dollars.
Basically, we’re right back to a non-transparent market with boatloads of money sloshing around everywhere. Just like last time.

American students are amassing huge piles of debt. If students stop paying off their loans, there will be a lot of defaults. Actually, it’s already starting to happen. On Wall Street, people have been betting on these defaults and buying naked credit default swaps to guarantee that they will be paid if the students can’t pay.

By the way, wonder why it’s so hard to get out of student debt once you’ve got it? Because the Wall Street casino guys with the naked credit default swaps want their insurance money, that’s why.
Casino games are also rolling with credit card debt. Same thing with auto loans. Corporate-debt, too. We’re talking trillions of dollars in defaults. Sound familiar?

If this continues, what happens to the credit defaults swaps that have been assigned to an office in Frankfurt? Who pays if the foreign subsidiary goes under? Not the citizens of Germany, says Greenberger. You can be sure of that.
...
It’s 2007 all over again.

Greenberger says that if big financial firms fail because they can’t pay each other off, it’s not going to be a recession, but more like the Great Depression. A worldwide economic meltdown with everybody trying to get their money out of the banks and institutions failing everywhere you turn. The only way to stop it would be to bail the banks out.
...
Political Chaos on the Horizon

It would be hard to exaggerate just what a political crisis this would be. The Tea Party, you’ll recall, emerged as a response to anger at the bank bailouts. Bitterness over the injustice of what happened in 2008 may well be a key reason why Trump is president.

“Everybody else went through trauma, except the big banks,” Greenberger observes. “Dick Fuld of Lehman has got houses all over the world, sitting pretty. The head of Merrill Lynch got a golden multi-million dollar parachute. The rest of us were losing jobs or flipping hamburgers at McDonald’s. If something goes wrong again and there’s wind that these four big banks are somehow going to be rescued in spite of their recklessness, there will be political hell to pay for that.”

Remember, another systematic bank failure leaves two ugly possibilities: a bailout or a depression, with perhaps a third of the country out of work.
....

As the rest of the economy depends upon consumption fueled by debt, production EVERYWHERE will be heavily hammered should the scenario come to pass. The PRC depends upon GDP growth to keep a rein on potential social instability. Damage infecting consumption of Chinese goods will have the potential to cause political over-reaction to the detriment of the Chinese people. All economies, real economies, are dependent upon consumption of goods and services. This consumption drives the need for finance. Without finance consumption would drop precipitously. The danger lies in a couple of things. Finance for finance sake, making money by moving money, does not underpin consumption significantly in terms of facilitating it. It does have the potential as we have seen of damaging consumption. The second issue is age-old and likely infinitely debated which is the, imo, flawed concept that land, labor and money are commodities. Capital commoditizes them because capital can. That there are purposes beyond commoditization is lost on capital and most economists.

_________________
bird's theorem-"we the people" are stupid.

"No one is so foolish as to choose war over peace. In peace sons bury their fathers, in war fathers bury their sons." - Herodotus

The new motto of the USA: Unum de multis. Out of one, many.


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 Post subject: Re: wallst
PostPosted: Sun Sep 16, 2018 9:07 pm 
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by the 16th, todays date, workers were walking their boxes of personal stuff out the glass entrance door(s).

Image

https://www.fool.com/investing/2018/09/ ... lehma.aspx
Lehman Brothers' Bankruptcy--
Ten years after Lehman Brothers filed for bankruptcy, the investment bank's failure is a reminder of some of the dysfunctions in the financial and regulatory apparatus that brought the world to the edge of the abyss -- and of dysfunctions that still exist today.
Alex Dumortier, CFA
(TMFAleph1)
Sep 16, 2018 at 9:32AM
Sept. 15 marked the 10th anniversary of Lehman Brothers' bankruptcy filing -- by assets, the largest bankruptcy in the history of corporate America.


3. Bankruptcy can be highly lucrative -- to the tune of more than $2 billion!

By the fifth anniversary of Lehman's bankruptcy filing, the total fees paid to professional advisors (lawyers, accountants, bankruptcy advisors) involved in the bankruptcy and liquidation had exceeded $2.2 billion. One firm alone, bankruptcy consultancy Alvarez & Marsal, had then earned more than $650 million, while lawyers Weil, Gotshal & Manges had raked in more than $480 million.

4. Lehman Brothers continues to file quarterly reports to this day.
The most recent balance sheet for Lehman Brothers Holdings Inc., dated April 5, 2018 and filed with the U.S. Bankruptcy Court for the Southern District of New York, shows the shareholders' equity account with a deficit of $129 billion, and related and controlled entities bring the total to nearly $175 billion. Five days before filing for bankruptcy, Lehman published a preliminary earnings release, including a balance sheet that showed positive stockholders' equity of $29 billion.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Mon Sep 17, 2018 2:16 pm 
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basically the only ones deeply harmed by this wallst lunacy were the small homeowners.
the ones who expanded the grid for wallst via banksters 30years mortgages, and, less than ten years
later wallst called up the loans, and dumped those living In the homes.

then, to make it even better, they raffled off all the housing to foreign hedgie fundies
who prolly own utility rights now.

a clean sweep.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


Top
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 Post subject: Re: wallst
PostPosted: Mon Sep 24, 2018 6:48 pm 
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is this why our fucknutz in WH wants to invade argentina, for fuck sake.
i dont even blame the ME for this, i squarely blame the fucknut in the WH for his desire to fuck with
"others" be they in the ME or here at home.

pay up "his base".


https://www.bloomberg.com/news/articles ... -sanctions
Major Traders Are Talking About $100 Oil Again
September 23, 2018

Major oil trading houses are predicting the return of $100 crude for the first time since 2014 as OPEC and its allies struggle to compensate for U.S. sanctions on Iran’s exports.

With Brent crude already jumping to an almost four-year high on Monday, that’s exactly the kind of price surge President Donald Trump has been seeking to prevent by pressuring the Organization of Petroleum Exporting Countries to raise production. Yet the cartel and its allies gave mixed signals at a meeting in Algiers on Sunday, ultimately showing little sign they would heed U.S. demands to rapidly push down crude prices.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Mon Oct 15, 2018 10:20 pm 
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groper...setting it up to blame others for his own personal blatant incompetence.
the bankruptcy king.


https://www.rollingstone.com/politics/p ... mp-737792/
Three Colliding Problems Leading to a New Economic Disaster ---
Last week’s stock sell-off was merely the beginning of what’s to come--
By Matt Taibbi

The soaring stock market has been the crux of Donald Trump’s argument for the competence of his reign. It might be his favorite tweet subject, outside the “Failing New York Times.”

Trump on August 18th: “Longest bull run in the history of the stock market, congratulations America!” August 24th: “Our economy is setting records on every front.” September 11th: “Where are the Democrats coming from? The best economy in the history of the country would totally collapse if they ever took control!”
he's projecting his house of cards again.

But since the market hit an all-time high on October 3rd, .. The worst was a two-day sell-off in the middle of last week, during which the Dow Jones Industrial average dropped 1,377 points.

On Friday, the Dow opened with a big round of buying, then plunged again, then wobbled all day before finally ending 287 points up. This allowed the financial world to spend the weekend relief-boozing instead of planning for The End.

Maybe the stock market isn’t about to crash in the next 10 minutes. That doesn’t mean we shouldn’t be scared to our marrow over the future.

The sell-off last week was likely just a mild preview of what will happen once the blunt contradictions of Trump’s major economic moves — crazy even by his standards — set in.

“We’re fucked,” a market analyst friend of mine put it this weekend. “It’s all baked in the cake already.”


You don’t have to be a financial expert to see the irreconcilability of these three problems:
....

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Fri Nov 02, 2018 7:54 pm 
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the only things merica seems to "produce" anymore is advertising for "babies" and "campaigns"
for "elections" which continue 24/7/365.

it is always a campaign season sucking up money to spend on the campaign run by
people using that money for themselves.

and babies. have more babies, wallst needs more money from you, get them more babies
to propagandize.

this is what free market capitalism brings. this is the model.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Sun Nov 18, 2018 2:37 pm 
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Battle Hymn of the Republic, guns...sing along!!

www.youtube.com Video from : www.youtube.com


https://www.motherjones.com/politics/20 ... -midterms/
Trump Campaign Paid Millions to Trump Businesses During Midterms---
...through the end of September, his campaign paid $3.2 million to Trump’s own properties and businesses. There was money paid for rent at Trump Tower. There were hotel rooms at the Trump International Hotel in Washington, DC. There were banquet room rentals at Trump country clubs in New Jersey and Florida. The Trump campaign also paid for more than $1.2 million worth of flights using Trump’s personal jets—planes the president no longer travels on, but which other family members still do.

He was also a record-setting hoarder. As of the end of September, the bulk of the money he brought in—$35.4 million—was still sitting in the bank.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Wed Nov 28, 2018 5:59 pm 
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ive not read mention of how few vehicles of any kind the millens cannot buy.
they move into metros to use public trans. how many earn enough to buy the vehicle
buy tires pay a mechanic and rising INS and buy gas.
theyre not buying vehicles. they dont want the burden and dont need it living IN the city.

everything in merica is ..being altered by the beginnings of AI.
you dont have to go anywhere anymore. you barely have to "do" anything anymore.
alexa will take care of everything while you sit in your recliner.

the Chevy truck is the best gas vehicle made. period. i wont ever sell mine.


https://www.reuters.com/article/us-gm-r ... -up-idUSKC
November 28, 2018 / 6:03 AM / Updated 3 hours ago
Car market collapse outruns GM moves to keep up---

After GM ends production next year at factories in Michigan, Ohio and Ontario, it will still have four U.S. car plants, all operating at less than 50 percent of rated capacity, according to figures supplied by LMC Automotive.
In comparison, Detroit-based rivals Ford Motor Co and Fiat Chrysler Automobiles NV will have one car plant each in North America after 2019.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Thu Dec 06, 2018 7:43 pm 
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what these two items have in common is...time. dates.
these fuckers wont even attempt repayment of all these loans.
nor will the lenders attempt to get the trillions back.


https://www.bloomberg.com/graphics/2018 ... nd=premium
Titans of Junk: Behind the Debt Binge That Now Threatens Markets
July 11, 2018
...And a group of Chinese developers borrowed big to expand in the nation’s booming property market.
your neighbors house, dime on the dollar from WFargo.. Call them the titans of junk.

They’re the headliners in a decade-long(2008), $11 trillion corporate borrowing frenzy, fueled by central banks that flooded the global financial system with ultra-cheap money. Investors have been lending to virtually anyone willing to pay a decent yield. But now the easy money is coming to an end.
CHARTS galore

Bloomberg News delved into corporate filings, debt offerings, M&A deal tables and bond indexes to find the biggest beneficiaries of this decade of loose lending. The search identified 69 companies spanning the globe that have boosted their debt levels by 50 percent or more in the past five years and now have at least $5 billion of debt. Together, they’re sitting on almost $1.2 trillion of bonds and loans, most of it rated junk and the majority due within the next seven years.


https://www.vox.com/2018/10/8/17948832/ ... pcc-report
Report: we have just 12 years to limit devastating global warming
A UN panel of scientists says every bit of warming matters, and we’re almost out of time to keep it in check.
By Umair Irfan Oct 8, 2018, 9:10am EDT

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Wed Dec 26, 2018 4:32 pm 
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looking for safety while laundering money. well this isnt money, its numbers is all but
the wallst fans are getting jumpy.


https://www.bloomberg.com/news/articles ... nce-2008?s
Fund Investors Pull $56 Billion in Biggest Exit Since 2008
By Charles Stein
December 26, 2018, 9:23 AM MST

https://www.bloomberg.com/
$5.6 Trillion Asia Stock Loss Has Traders on Edge of Their Seats
By Livia Yap
December 26, 2018, 1:36 AM MST

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Thu Jan 03, 2019 9:02 pm 
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double double toil and trouble.


https://www.bloomberg.com/
The Bad Stuff That the Stock Market Worried About Is Starting to Happen
By Sarah Ponczek
and Vildana Hajric
January 3, 2019, 9:00 AM MST Updated on January 3, 2019, 9:35 AM MST

First it was Apple Inc.’s $5 billion revenue miss, hints of which lopped 30 percent from its stock over three months. Now it’s a closely watched gauge of U.S. factory activity, which dropped to a two-year low and missed every estimate in a Bloomberg survey.

What’s going on? Over and over in the fourth quarter, as the S&P 500 plunged 19.8 percent to the brink of a bear market, investors heard the same refrain: don’t panic, the economy, and corporate earnings, look strong.

In the last 24 hours, confidence in those assurances has taken a hit. The Dow Jones Industrial Average fell more than 600 points, or 2.6 percent, Thursday morning, while losses in the Nasdaq 100 spiraled toward 3 percent.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Thu Jan 03, 2019 9:51 pm 
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lemme guess...deutsche bank knows the "Dutch shell company"...
how much does this weigh? what are the measurements? does it even exist?? :rw)


https://www.theguardian.com/technology/ ... etherlands

Google shifted $23bn to tax haven Bermuda in 2017, filing shows--

Firm used Dutch shell company in move known as ‘double Irish, Dutch sandwich’ that cuts its foreign tax bill

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Fri Jan 04, 2019 5:20 pm 
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Location: miles from nowhere
So GDP growth is at about 3.1% and inflation is about 2.5%. This means the great economy is “growing” at a rate of .6% with slower growth forecast for next year and even slower the year after.

_________________
bird's theorem-"we the people" are stupid.

"No one is so foolish as to choose war over peace. In peace sons bury their fathers, in war fathers bury their sons." - Herodotus

The new motto of the USA: Unum de multis. Out of one, many.


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 Post subject: Re: wallst
PostPosted: Fri Jan 04, 2019 7:53 pm 
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So GDP growth is at about 3.1% and inflation is about 2.5%. This means the great economy is “growing” at a rate of .6% with slower growth forecast for next year and even slower the year after.

they exaggerate 'growth' and grossly underestimate inflation.
the numbers they use for 'growth' are nonsense and not using housing gas or food for inflation CPI is
insanely ridiculous.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Thu Jan 24, 2019 8:53 pm 
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:shock: :shock: :shock:


https://www.bloomberg.com/news/articles ... anske-cash
Fed to Probe Deutsche Bank Over Suspicious Danske Cash---
Regulator is said to scrutinize German lender’s U.S. business
Billions flowed from an Estonian outpost through New York

The Federal Reserve is examining how Deutsche Bank AG handled billions of dollars in suspicious transactions from Denmark’s leading lender, according to people familiar with the matter, further intensifying what could be one of the biggest money-laundering scandals ever.

The Fed’s probe is in an early stage as it scrutinizes whether Deutsche Bank’s U.S. operations adequately monitored funds from an Estonian branch of Danske Bank A/S, according to two people briefed on the situation, who asked not to be named because the inquiry isn’t public. Danske, which used correspondent banks such as Deutsche Bank to move money abroad, has admitted that much of about $230 billion that flowed through the tiny Estonian outpost may have been dirty.
...
The U.S. Department of Justice and criminal authorities from other countries have launched investigations into Danske Bank’s business in Estonia amid accusations it became a European hub for money launderers from the former Soviet Union.
...
Danske relied on the global presence of Deutsche Bank, Bank of America Corp. and JPMorgan Chase & Co. to handle conversions of foreign currencies into U.S. dollars on behalf of its clients from 2007 to as recently as 2015, people familiar with the arrangement have said. Bloomberg reported in November that Deutsche Bank had been contacted by the Justice Department and was thought to have handled the bulk of the transactions under scrutiny.

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Mon Jan 28, 2019 8:22 pm 
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solid journalism.


https://www.motherjones.com/politics/20 ... fort-case/
Yes, There Was Collusion. Look at the Manafort Case -
A load of evidence is hiding in plain sight.
David Corn January 22, 2019 1:25 PM
A review of the Manafort timeline provides a clear picture:

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Mon Feb 04, 2019 7:09 pm 
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way more of that "socialism for the rich capitalism for the people" bullshit.

lazy fucker.
https://www.axios.com/donald-trump-priv ... 34255.html
Insider leaks Trump's "Executive Time"-filled private schedules---


deutsche wont even give him money anymore.
https://www.rawstory.com/2019/02/trumps ... ntributor/
Trump’s Deutsche Bank woes are worse than you think: MSNBC federal law enforcement contributor
04 Feb 2019 at 17:35 ET

A federal law enforcement reporter pointed out one of the under-reported threads in the bombshell New York Times report about Donald Trump seeking out a loan from Deutsche Bank in 2016 — for which he was rejected. :oops:

Daily Beast reporter Betsy Woodruff explained Monday that “it takes a lot for Deutsche Bank not to do business with somebody.”
“This is a bank that’s been fined hundreds of millions of dollars for not doing more to stop Russians from laundering massive sums of money through its bank,” Woodruff noted.

But one of the underlying threads beneath the numerous stories about Trump and Deutsche Bank, the reporter noted, is that the German institution sold financial products to the Mercers, a “multi-billionaire conservative mega-donor family that played a key role in getting Trump elected.”

“A Senate committee confirmed or assessed that the Mercers used this money to dodge paying more than $6 billion in taxes,” Woodruff added. “That’s larger than the GDP of some countries. They used these products in part to do that.” where did the money go?

The MSNBC political contributor pointed out that the Mercers have, since fall 2017, “been in negotiations with the IRS about how to potentially settle that tax debt.”


“Those negotiations are done entirely in secret,” Woodruff said. “Obviously, tax issues are supposed to be confidential — but this is something where Trump’s political appointees in the IRS have access to very sensitive talks about billions of dollars on the table for some of his most powerful donors and Deutsche Bank is right at the center.”

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Tue Feb 19, 2019 8:46 pm 
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his kids, one or two of them, are doing this.
groper is too stupid.


https://www.propublica.org/article/trum ... arrack?utm

Trump, Inc.
House Panel Probes Trump Advisers’ Push for Saudi Nuclear Deal---
The administration is pursuing a plan championed by Tom Barrack, Mike Flynn and outside business interests to share nuclear power technology with Saudi Arabia despite security concerns.

by Isaac Arnsdorf Feb. 19, 12:47

....Trump administration has continued pursuing a proposed nuclear power deal with Saudi Arabia despite warnings from ethics lawyers and security experts, according to a congressional oversight committee.

The proposal gained traction in the early days of the administration because of then-national security adviser Michael Flynn and presidential confidant Tom Barrack, who had potential financial stakes in the plan, ...
“Further investigation is needed to determine whether the actions being pursued by the Trump Administration are in the national security interest of the United States or, rather, serve those who stand to gain financially as a result of this potential change in U.S. foreign policy,” the oversight committee said in its report on Tuesday.

...an unnamed senior administration official offered a different description of the plan, according to the committee’s report: “a scheme for these generals to make some money.”

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
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 Post subject: Re: wallst
PostPosted: Tue Feb 19, 2019 8:50 pm 
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Trump and sons are gonna profit in the billions off of this particular act of treason.

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 Post subject: Re: wallst
PostPosted: Tue Feb 19, 2019 9:19 pm 
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Providing nuclear technology to the Saudi Arabians without Congressional authorization is a violation of the Atomic Energy Act of 1954.

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 Post subject: Re: wallst
PostPosted: Fri Feb 22, 2019 7:24 pm 
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yuge socialized tax breaks for the rich and strip-you-to-the-bones capitalism for the people.
its the trumpian way. glad you voted for a pathological lying fraud? i sure hope so.

remember...the rich DONT PAY TAXES, they DONT LIVE HERE.
YOU get to pay yours and their taxes. its the capitalist way.

hows that swamp?
https://www.rawstory.com/2019/02/hows-t ... last-year/
So how’s your tax refund? Thanks to GOP tax scam — big banks made extra $28 billion last year---

While headlines continue to proliferate about average Americans discovering they will not receive the tax return they were expecting—and in many cases, depending on—new federal date released Thursday showed that major U.S. banks earned an extra $28 billion in profits last year thanks to the tax scam bill passed by the Republican Party and signed by President Donald Trump at the end of 2017.

As was said by critics of the new tax law at the time, the rich and corporations were given an “early Christmas gift” when the bill was signed, but according to new figures from the Federal Deposit Insurance Corporation (FDIC) it is a gift that continues to give to the nation’s banking industry.

Citing the FDIC’s latest quarterly profile of the 5,406 banks it insures, The Hill reports that yearly profits for those institutions—which made nearly $237 in profit overall—”increased increased $72. 4 billion from 2017, and the rise includes $28.8 billion more than banks would have kept under the previous tax regime. Bank profits in the fourth quarter of 2018 rose to $59 billion, an $8.1 billion increase from the same period in 2017.”

As one Twitter user, Bobby Reyes, put it: “So, let me get this straight… We can’t give ppl healthcare, affordable housing, rent stabilization but we can afford to give banks this?”

“I thought Donald Trump said he was going to stop Wall Street from getting away with murder, not give big banks another massive tax break,” Gunnels said. “Now is the time to take on the greed and power of Wall Street, break up the largest financial institutions in the country, stop big banks from ripping off the American people, and make sure Wall Street CEOs pay their fair share of taxes.”

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Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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 Post subject: Re: wallst
PostPosted: Fri Feb 22, 2019 7:58 pm 
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yuge socialized tax breaks for the rich and strip-you-to-the-bones capitalism for the people.
its the trumpian way. glad you voted for a pathological lying fraud? i sure hope so.

remember...the rich DONT PAY TAXES, they DONT LIVE HERE.
YOU get to pay yours and their taxes. its the capitalist way.

hows that swamp?
https://www.rawstory.com/2019/02/hows-t ... last-year/
So how’s your tax refund? Thanks to GOP tax scam — big banks made extra $28 billion last year---

While headlines continue to proliferate about average Americans discovering they will not receive the tax return they were expecting—and in many cases, depending on—new federal date released Thursday showed that major U.S. banks earned an extra $28 billion in profits last year thanks to the tax scam bill passed by the Republican Party and signed by President Donald Trump at the end of 2017.

As was said by critics of the new tax law at the time, the rich and corporations were given an “early Christmas gift” when the bill was signed, but according to new figures from the Federal Deposit Insurance Corporation (FDIC) it is a gift that continues to give to the nation’s banking industry.

Citing the FDIC’s latest quarterly profile of the 5,406 banks it insures, The Hill reports that yearly profits for those institutions—which made nearly $237 in profit overall—”increased increased $72. 4 billion from 2017, and the rise includes $28.8 billion more than banks would have kept under the previous tax regime. Bank profits in the fourth quarter of 2018 rose to $59 billion, an $8.1 billion increase from the same period in 2017.”

As one Twitter user, Bobby Reyes, put it: “So, let me get this straight… We can’t give ppl healthcare, affordable housing, rent stabilization but we can afford to give banks this?”

“I thought Donald Trump said he was going to stop Wall Street from getting away with murder, not give big banks another massive tax break,” Gunnels said. “Now is the time to take on the greed and power of Wall Street, break up the largest financial institutions in the country, stop big banks from ripping off the American people, and make sure Wall Street CEOs pay their fair share of taxes.”


nowadays its either austerity government or you cant buy or sell at all.

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 Post subject: Re: wallst
PostPosted: Tue Feb 26, 2019 7:32 pm 
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few have a precise accounting of exactly how much DEBT groper has, he owes deutsche At
Least 2.5Billion,money he used on his filthy golf joints no one uses.
what a clusterfuck.

https://www.nytimes.com/2019/02/02/busi ... -bank.html
Trump Sought a Loan During the 2016 Campaign. Deutsche Bank Said No.
In the early 1990s, Mr. Trump’s hotel and casino properties declared bankruptcy four times, leaving prominent banks, including Citicorp and Manufacturers Hanover, with painful losses. The real estate mogul was all but excommunicated from Wall Street.


Deutsche Bank, which was eager to gain a foothold in the lucrative American market and more tolerant of risk than many of its rivals, filled the void. In 1998, it lent Mr. Trump $125 million for renovations on a Wall Street skyscraper. The relationship blossomed, and over the next 17 years, Deutsche Bank lent or participated in loans to Mr. Trump and his companies totaling more than $2.5 billion.


https://www.vanityfair.com/news/2019/02 ... inline_amp
Money
“Extend and Pretend”: Are Deutsche Bank and Trump Playing Chicken Over a $340 Million Loan?

According to The New York Times, Deutsche was ultimately involved in loaning Trump more than $2.5 billion. But executives reached the limits of their risk tolerance when Trump asked for another cash infusion in early 2016, in the middle of his presidential campaign. Senior officials were in a bind. They worried that if Trump won the election but defaulted on the loan, they might be forced to decide between seizing the president’s assets or refinancing—which might be seen as a bribe. They turned Trump down.

In the end, according to Bloomberg, the bank’s senior executives opted not to restructure the loans or do any new business with the sitting president. If true, this would be a major blow to the Trump Organization, which recently postponed expansion plans, and its ongoing commercial aspirations, because few other Wall Street banks have been willing to do business with Trump.

Would Deutsche Bank be seen as trying to influence Trump, or somehow be attempting to get favorable treatment from one of the long arms of the government—such as the Securities and Exchange Commission, the Justice Department, or even the Federal Reserve—with which it has regular interactions? On the other hand, if Deutsche moved to collect the loan, Trump might have various levers to exact his own retribution. My ex-Deutsche Bank source told me that this is something the bank is particularly afraid of at the moment, given how much regulatory hot water it has been in over the years for a variety of reasons.

Still, even if the bank were to extend the maturity of the loans until after 2025, as the Bloomberg article suggested was being contemplated, that would also benefit Trump. The finance principle here is known as net present value. In short, if you give a borrower a two-year extension on a loan that was due to be repaid in 2023, the new arrangement is worth less to the bank—and more to the borrower—than the original. “In the business, we say that’s ‘extend and pretend,’” my source said about extending the maturity of a loan, and hoping the added time improves the odds that the borrower pays up.

_________________
Who are these...flag-sucking halfwits fleeced fooled by stupid little rich kids They speak for all that is cruel stupid
They are racists hate mongers I piss down the throats of these Nazis Im too old to worry whether they like it Fuck them.
HST.


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