Tag: Big Banks

The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

Tina Marie (Ms. Cat)

By Pam Martens and Russ Martens, July 15, 2022

Yesterday afternoon, Mark Bialek, the Inspector General of the Federal Reserve, released a memorandum clearing Fed Chair Jerome Powell and former Fed Vice Chair Richard Clarida of wrongdoing in the trading scandal that has engulfed multiple officials of the Federal Reserve.

The Fed’s Inspector General Clears Jerome Powell of Wrongdoing in the Trading Scandal, One Day After Five Senators Accuse Him of Hampering the Investigation

Related:

Senators on Senate Banking Committee Accuse Fed Chair Powell of Hampering Trading Scandal Investigation

Larry Summers warns unemployment must rise to cool inflation

Tina Marie (Ms. Cat)1 Comment

Ex-Treasury Secretary Larry Summers warned that millions of currently employed Americans must lose their jobs in order for the Federal Reserve to succeed in its bid to cool inflation.

Larry Summers warns unemployment must rise to cool inflation

Related:

Larry Summers Says US Needs 5% Jobless Rate for Five Years to Ease Inflation

Maybe he can ship some more jobs overseas [/sarcasm]?! I’d suggest shipping him, overseas, but I wouldn’t even wish that on my enemy!

Redditors Are Furious at the SEC’s New Ad Campaign Portraying them as Idiot Investors

Tina Marie (Ms. Cat)

By Pam Martens and Russ Martens: June 2, 2022 ~

Redditors at the subreddit Superstonk are posting obscenities directed at Gary Gensler, Chair of the Securities and Exchange Commission (SEC), over the new ad campaign from the SEC that appears to target young Reddit investors as fools that do no research before investing, lose all their money, and deserve a whipped-cream pie in the face. (Yes, a young investor actually gets a whipped-cream pie in the face during two of the ads. See videos below.) CNBC ran one of the new SEC ads yesterday.

Redditors Are Furious at the SEC’s New Ad Campaign Portraying them as Idiot Investors

Ukraine: The American Tyranny Of Power

Tina Marie (Ms. Cat)

Ukraine: The American Tyranny Of Power

The first thing these evil ruling oligarchs want is property, and the best way to drive prices down is to start a war, like they did in Vietnam, and in Iraq, Libya, Syria, Yemen and the entire Middle East where people are fleeing the war zones. As soon as this happens, land prices go down and the corporate privateers sweep in.

…

Digital Directorate so it can more effectively control internet information. The control of scientific and technological information is just as important as the control of words and language, any intellectual information that is written or spoken. All the internet hypertext language is routed through the supercomputer processors of the CIA in Langley, Virginia. Vladimir Putin recently said that the Internet was a CIA special project. He was right.

H/T: The New Dark Age