Tag: investors

How to DOGE USAID: The Wall Street Consensus under Trump

Tina Marie (Ms. Cat)

How to DOGE USAID: The Wall Street Consensus under Trump

We often hear that the new Trump administration inaugurates the age of technofeudalism. Just look at Elon Musk, pontificating about so-called “Department of Government Efficiency” (DOGE) democracy from the Oval Office while undemocratically occupying the US Treasury payment system. But is the administration simply using bullying as a mode of power, as Adam Tooze recently diagnosed it, destroying institutions without measure or plan?

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[2014] If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K

Tina Marie (Ms. Cat)

Apple has 98,000 employees and earned $39.5 billion after tax over the past year. If Apple was a worker cooperative, then each employee would’ve received a $403,000 dividend on top of their salaries. Even the lowest paid worker would’ve earned at least $403,000 in Apple as worker cooperative.

If Apple Were A Worker Cooperative, Each Employee Would Earn At Least $403K

Biden administration scales back student debt relief for millions amid legal concerns

Tina Marie (Ms. Cat)

Biden administration scales back student debt relief for millions amid legal concerns

But there are significant business interests that depend on the federally guaranteed loan program — a wide range of private lenders, banks, guaranty agencies, loan servicers and investors. That industry is widely seen, both inside and outside the administration, as presenting the greatest legal risk to the debt relief program.

Many of those companies face economic losses when they lose borrowers who convert their federally guaranteed loans into new loans that are made directly by the Education Department through a process known as consolidation.

Can’t afford to lose those campaign donations!

After Crypto Money Piled into Campaign Coffers of Senators Lummis and Gillibrand, They Introduced a Sweetheart Legislative Bill for Crypto

Tina Marie (Ms. Cat)

By Pam Martens and Russ Martens: June 20 , 2022 ~

On June 7, Senator Kirsten Gillibrand, a Democrat from New York who sits on the Senate Agriculture Committee which oversees commodities, and Senator Cynthia Lummis, a Republican from Wyoming who sits on the Senate Banking Committee which oversees Wall Street and trading, introduced a bill as an early Christmas present to the crypto industry. It carries the Alice in Wonderland title of the Responsible Financial Innovation Act.

After Crypto Money Piled into Campaign Coffers of Senators Lummis and Gillibrand, They Introduced a Sweetheart Legislative Bill for Crypto

US takes new step on delisting Chinese companies from stock exchanges for audit violations

Tina Marie (Ms. Cat)

US takes new step on delisting Chinese companies from stock exchanges for audit violations

The audit requirement, established in 2002, has been applicable to all foreign companies that seek to issue public stocks in the US. According to the SEC, China and Hong Kong are the only country or territory that house companies refusing to abide by the rules.

Really?!