#Trump faces 34 felony counts of falsifying business records in connection w/a #HushMoney payment made to a porn star to influence the 2016 election. The case could be in the jury’s hands as early as Wed.
#Blanche, draws on a 2018 recording in which #StormyDaniels's lawyer at the time said that his client had “settler’s remorse” for having agreed not to tell her story. Blanche claims that Daniels changed not because she decided to tell the #truth, but because she wanted to make #money.
Blanche introduces what he calls a “separate conspiracy” between Daniels, #GinaRodriguez, her manager at the time, & #DylanHoward, who was the editor of The #NationalEnquirer.
Everyone's favourite tabloid, The Daily Telegraph, contains an article decrying the Financial Independence Retire Early philosophy1 I have a mixed relationship with the FIRE movement. It basically boils down to "spend less, save more, then you can retire once you've save 25x your annual spend". That's it. As Michael Taylor writes, some people f…
For the Women Who Accused the #Trump Campaign of Harassment, It’s Been More Harassment
Trump is well known for publicly bullying his #political rivals, but the former president’s campaign has also used similar tactics to launch private, relentless attacks against some of its own workers.
"Trump’s campaign used similar #bullying tactics against its own workers. These fights have been waged out of the public eye against #women with few resources to stand up against the campaign’s battery of #lawyers, paid from a seemingly bottomless trove of #campaign#money...
Supporters are giving him money earned with “blood, sweat a& tears,” Denson said. “And it is being turned around to terrorize people.”"
Only accusing the "big companies" for doing all sort of "unethical" things, is like only accusing mass murderers for the killings that they do. Every crime is a crime. Big or small. Small companies do similar shady practices and abuse people or destroy the environment.
But best is to look at the system that creates these entities instead of accusing companies or people.
As long as the underlying practice on this planet is to TRADE or else you are fucked, then this is what we are going to do and prioritize. Thus the evolution of companies and billionaires, waste, pollution, you name it.
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A thing I think he doesn't give enough attention to is the role the Fed DOES play. The Fed indirectly controls bank lending rate through a couple mechanisms. The first is whatever rules it has for declaring a bank solvent. They've eliminated reserve requirements but now it's something like a stress test or whatever. A bank can't keep lending
70 yrs after #SCOTUS delivered its landmark decision outlawing school segregation, #BrownVBoardOfEducation ranks as perhaps the court’s most venerated decision….
Most everything else related to the decision…is complex.
Nearly 7/10 Americans say more should be done to integrate schools…a figure that has steadily climbed from 30% in 1973….But a deeper look into the views of both Black & White people shows skepticism about the success of #Brown….
Because of #Brown, #school ofcls may no longer deliberately separate students by #race —but under more recent #SCOTUS orders, they aren’t allowed to deliberately mix them by race either. #Integration advocates today have stopped looking to the #federal courts for help & are pursuing #state lawsuits instead.…some #Black leaders have concluded that the answer is not integration…but more #money & #opportunity for high #poverty#schools….
#money -- some awesome #books about how fiat money system works … (fiat money is Govt-issued currency that isn’t backed by any #commodity such as #gold)
When the UK’s deputy foreign secretary has to admit that around 40% of all money laundered globally likely flows through London & the Crown Dependencies, you can bet that such an estimate will be on the low side.
There are many reasons that the UK's global reputation is increasingly tarnished & the work in financial services to hide & process criminal/illegal funds is contributing to that malaise.
So much for the value of financial services to the UK
#MichaelCohen is now testifying that he “re-negotiated” certain bills #Trump felt were too high. This testimony is significant to the case: it shows Cohen directly interacting w/ Trump on #money, & Trump minutely focused on what he paid & received.
Cohen says he would keep Trump apprised of each & every task he completed. He says that it was important to him to gain credit from his new boss, & that Trump would tell him he had done a “fantastic” job.
Why not start the day with a little political economy
For those of you new to the idea that money is primarily the result of private credit creation in the banking sector, here's a nice (concise) summary of the position, linking the history of money, the role of the state & the importance of banks credit creation activity.
The key point, is there is no 'natural' economy, only one made from rule/laws of exchange & state interventions.
Our nearby small market town used to have 3 banks; they're all closed (taking their cash machines with them), and this week one of the two remaining cash machines was removed from the supermarket where it was located.
So, we're down to a single cash machine in an area with a radius (I'm guessing) of around 20 miles.
The cashless society doesn't represent consumer choice, its pace is being forced by financial institutions keen to charge fees on transactions!
Fair point - if you're not using digital payments, you should make the effort to get used to them. Cash is (mostly) going away. (This article also contains a guide to getting started with digital.)
Cash is dead. Why are we still pretending it isn’t?
Like counting cards in Vegas, but this one was used to beat a TV game show out of some big 💰:
"After weeks of painstaking scrutiny Michael realized that the bouncing prize selector did not actually move randomly; it always followed one of five lengthy sequences"
The show was in 1984, the article from 2011. Via Hacker News.
“Everything at 100 pesetas”
(Everything at a low price)
A throwback sign on a side street in Petrer, Alicante, Spain.
The peseta was Spain’s monetary unit from 1868 until 2002 when it was replaced by the euro. The original exchange rate was approximately: 166 pesetas = 1 euro.
OC The Web is Indeed Being Looted by Corporate Fat Cats
Ed Zitron posted another solid article on the state of the web that I think belongs here....
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OC Dutch Authorities Bust Alleged Gambling Platform Scam, Seize Millions (coinedition.com)
Dutch authorities arrested a suspect and seized millions in a crackdown on an alleged gambling scam on the Zkasino platform.