Tag: pension funds

China meets American hegemony head-on

Tina Marie (Ms. Cat)

In a rare scathing essay, Beijing’s foreign ministry has blasted Washington’s continued attempts at world domination

China meets American hegemony head-on

Related:

No holds barred as China launches frontal assault on American dollar hegemony

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Forget cannabis. Here are 2 banking provisions that did make the NDAA.

Tina Marie (Ms. Cat)

Forget cannabis. Here are 2 banking provisions that did make the NDAA.

Some banks have instituted policies making it easier for second-chance workers to get hired. JPMorgan Chase years ago removed all questions about criminal backgrounds from job applications and established a policy center to help former criminals find jobs.

It expanded its effort to help ex-offenders return to the workforce last year, partnering with nonprofits to connect people with arrest or conviction histories to in-demand jobs. CEO Jamie Dimon also agreed to co-chair the Second Chance Business Coalition encompassing 29 member companies.

The bank hired 4,300 people with criminal records last year, Nan Gibson, executive director for public policy and corporate responsibility at the JPMorgan Chase Policy Center, told American Banker. That’s more than double the bank’s 2,100 second-chance hires from 2020.

H/ T: Judge Napolitano

Related:

JPMorgan Chase, the Largest Federally-Insured Bank in the U.S. with Five Felony Counts, Says 10 Percent of its New Hires Last Year Had Criminal Histories

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!

‘We the People’ Are the New, Permanent Underclass in America

Tina Marie (Ms. Cat)
Zerohedge.

By John W. Whitehead & Nisha Whitehead, April 11, 2022

This is financial tyranny.

The U.S. government—and that includes the current administration—is spending money it doesn’t have on programs it can’t afford, and “we the taxpayers” are the ones who must foot the bill for the government’s fiscal insanity.

‘We the People’ Are the New, Permanent Underclass in America