@shitshitshit Good writing for once. Getting fatigued here looking at Tweeter pastes and poor writing everywhere else these days.
Kick ass and chew bubble gum.
Posts made by DontGive
Oil is in the Sweet Spot - Operators open their Wallets
This week we seen the Trump and Putin summit unfold which made waves across all spectrums of dimension.
One of the things they discussed was how the oil price was favorable. This clearly puts some common interest across all oil producing nations, and sprinkles some insight on what is to come.
There is speculation that this is a priming of the pump of sorts - to float Aramco on a American exchange. Which valued market cap is north of $1 Trillion (USD). This liquidity event would mop up a lot of capital around the world. The investment bankers make out like bandits.
Other buzz around the Tech business space tells a more rosy story of oil execs loosening the wallets and spending more lavishly on CapEx. Which means at current levels of roughly $70/barrel ($45/barrel 1 year ago) there is enough profit to reinvest in the business in the form of new hardware and software.
The speculation is once oil hits around $100 a barrel, approximately 12-18 months, Aramco will get listed. Who knows if this is accurate, those are the feelings on the streets. The Trump and Putin meeting gave insight on what is important. That sweet, sweet crude.
Former CIA Director on 'Meddling' in 'Other' Elections
Not that this isn't well known already. Former CIA director James Woolsey reacts on 'The Ingraham Angle.'
Well..nyum nyum nyum nyum nyum
Pedo-Island on Fire (Literally)
Oops. Go figure. Hope Epstien had good property insurance...
The cause of the fire is unknown, but some are speculating it may have started as the result of a relatively small 4.9 magnitude earthquake that struck yesterday just off the coast
Latest Syrian Chemical Attack Tied to Saudi's?
This week, the Syrian Arab Army (SAA) liberated some Eastern Ghouta farmlands between Shifouniyeh and Douma and discovered a well-equipped chemical laboratory run by Saudi-backed Islamist terrorists. Not a single Western reporter showed up to investigate the facility.
The word is mum? Good work 'reporters'...
The US-manufactured Hill-Rom air or gas compression unit on the lab's main floor / Sharmine Narwani (from the source article)
Trump had a few words to say, even after hinting at a pull-out previously:
Will there be any verification, or escalation?
RE: Tales from an EOS HODLer who was in it from day 1
@natxlaw Hmm. I need to rotate out of BTC. Will look into this. What others you got?
Elizabeth Warren's CFPB - Slush Fund For Democrats Crumbles
A Dodd-Frank upstart, Consumer Financial Protection Bureau (CFPB), spearheaded by Elizabeth "Pocahontas" Warren is getting some hot attention in the last few months. The bureau is known for issuing enforcement actions in the form of Consent Orders as a type of a penalty vehicle.
Leandra English, the previous CFPB Director was pushed out by newly appointed Mick Mulvaney, who came in to oversee the opaque bureau and the shady slush fund practices. English threw a fit, and filed a restraining order against Trump, which was tossed out of federal court.
English, who previously served in the White House as a senior Obama adviser, insisted she was the “rightful” acting director, and filed a temporary restraining order against Trump to block Mulvaney from taking over. A federal judge denied the order Tuesday, but her legal team has vowed to continue fighting, arguing Trump is attempting an “end-run” on the bureau.
English, Pelosi, Warren, Schumer
English is now represented by Gupta Wessler in another lawsuit against Trump, but not using her own funds. Instead, some other benefactor is paying the legal fees, but Deepak Gupta wouldn't reveal those money sources.
While under directorship of English, CFPB acted like a slush fund for Democrats, cutting checks at a ratio of 593 Demcrat to 1 Rebublican. With other checks totaling $14 million to GMMB Inc, which did political ads for Obama and HRC. As well as additional political donations of $46,611 to Clinton, $13,190 to Warren, and $19,988 to Obama.
An audit in September 2016 showed CFPB spent 61% of all fines on victims compensation, and 5.5% on consumer education. The spending doesn't go directly to victims. The distrobution is handled by contractors who dole out the money, but not after billing CFPB at $80/hr for Analysts who get paid $17/hr. Which simply means only a portion of that 61% ends up in consumers pockets. The following contractors are involved, and maybe more:
To review payments made to CFPB through their Consent Orders, take a look here. They are sitting on a $54 million unalocated balance as of September 30, 2017.