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Politics : A Real American President: Donald Trump -- Ignore unavailable to you. Want to Upgrade?


To: Thehammer who wrote (317021)11/18/2021 8:19:13 PM
From: DMaA3 Recommendations

Recommended By
Honey_Bee
kckip
Tom Clarke

  Read Replies (3) | Respond to of 454291
 
a diverse group (unqualified).

This is the way these things go. The left invents a new word. Since the left is in charge the word becomes associated with incompetence and stupidity. Then the left censures anyone who uses the word and they invent a new one and demand you use that.



To: Thehammer who wrote (317021)11/18/2021 8:53:38 PM
From: didjuneau3 Recommendations

Recommended By
GUNSNGOLD
Honey_Bee
Sr K

  Read Replies (2) | Respond to of 454291
 
Interestingly, even though I concede the housing crash was the big thing, I found on Byrne's website an attribution about the settlement issue also being involved in the 2008 crash - coming not from Byrne, but from Greenspan. Of course he also mentioned mortgage backed securities and my REIT was heavy in both.

8) Global Financial Crisis of 2008
"As has been explained elsewhere in this blog, Alan Greenspan attributed the crisis of 2008 to the failure of the settlement system (along with “fraud” such as Bernie Madoff and “securitization” such as Mortgage Backed Securities). That was precisely what I had understood was coming and had lost sleep over for four years."

deepcapture.com

This quote was also interesting:

"One aspect of the flimsiness of Reg SHO was that the remedy it invoked was for a list to be published every day of publicly-listed firms experiencing settlement failures beyond a reasonable threshold. No information was to be provided to the public about who was doing the bad thing: just a list of the firms to whom the bad thing was being done, updated daily. Many noted that this would be like chum to the sharks who wanted to do more of it (as there is an incentive for them to swarm targeted firms)."

So I can see how you would be unaware of what other firms were doing. It was not shared. My brokerage would allow me to select margin or non-margin with every purchase. It seemed to me though that as long as I had existing shares in margin, the whole account was considered marginable/borrowable. Things didn't make sense, so I finally bailed thinking I could buy back in at 100% non-margin, but I never did.

It was only afterward that I found that this particular stock was one of the longest to remain on the Reg SHO list. I'm glad I never bought back in. Byrne said something about grandfathering being allowed, which he wanted removed. Not sure if my stock fell into that category. That's the only way I can figure was allowed to happen with what you were doing with all the custody checking and what happened to my stock constantly showing settlement irregularities.

I thought the metaverse was the new Facebook name (which I heard they're accused of stealing).



To: Thehammer who wrote (317021)11/19/2021 6:54:30 PM
From: didjuneau2 Recommendations

Recommended By
Honey_Bee
Thehammer

  Read Replies (2) | Respond to of 454291
 
Re: Bannon hits on Musk a lot (mainly because of the metaverse) but I agree that he likes to put it to the commies.


I've been wondering what you meant here. Bannon hits on what he calls "transhumanism" a lot. I think what Zuckerberg is working on with the Internet 2.0 (i.e. the "Metaverse") is part of what Bannon is referring to with that term. It is really enhanced AI virtual reality. Of course, it'll come with a lot of backdoors that only insiders and hackers will know, where bad actors will get data they shouldn't have.

Musk's version of transhumanism seems to be transplanetary existence. He's a bit of a doomer, but more interested in buying an insurance policy if the future doom happens. So in reality, he's like an ultra conservative, not a dystopian. He's doing the work to buy the insurance.

If we're only going to stay here, be lazy, and use Zuckerberg's dystopian future, we'd turn into the AI version of Scott Adams' simulation in the future. Not good. Musk appears to agree.

'Here' is the best option though. We just don't want 'here' run by the likes of Zuckerberg and friends. I don't use Facebook, just as I never used AOL back when they thought they could be everyone's gateway to the internet. Anybody who presumes to be a gateway for everyone else is not for freedom. Except for one example I can think of.

Elon Musk's TERRIFYING WARNING For The METAVERSE

I.M.O., the real simulation is still here and working just fine. The feedback fine tuning to the control system loop is in effect. Saw some of it today with the public affirmation of our God given right to defend ourselves.

P.S. I earned an ignore today. Woohoo! Getting on someone's nerves, so another battle won in the keyboard war.