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Big Finance is Betting The FARM On Nuclear Energy. www.watchdogonwallstreet.com
Did he REALLY just do that?Yesterday Donald Trump joined Elon Musk in his first appearance on Twitter post suspension, garnering over 150,000,000 impressions and counting. While we all know that Twitter impressions DO NOT equal votes in a general election - the discussion was nevertheless impactful in it's omission of the disastrous COVID kill policies as an issue and in it's signal of an emerging alliance between Trump, Elon Musk, Big Tech & Big Finance.Tragically, during this interview Elon Musk (who has called the COVID pandemic a “Scamdemic') failed to ask Trump any meaningful questions about his disastrous lockdown policies and failed to press Trump when he reiterated that he still ‘doesn't get enough credit' for his COVID Lockdowns.Amazingly, Trump even stated that he'll work to fast-track the FDA approval process on emerging pharmaceutical technologies (like Nueralink?) despite the overwhelming evidence that his Operation Warp Speed (which fast-tracked the COVID shot) gave us that deadliest ‘vaccine' in human history. It is clear that a reckoning for COVID lockdown and the kill shots is off the table in this election cycle which puts the next crisis and disastrous government response ON the table post-election and most experts are anticipating a financial tsunami.Edward Dowd spent 30 years on Wall Street, ten of them with BlackRock as one of their most successful equity fund managers. He emerged as a beacon of truth during the dark days of COVID lockdowns, using his experience in finance and analyzing markets to expose the lockdown FRAUD and the disastrous rollout of the COVID vaccines which was exposed in his #1 selling book ‘Cause Unknown'.Today we'll get his reaction to the stunning engagement between Elon and Donald Trump and the impact on upcoming elections, a reckoning for COVID atrocities and the emerging financial catastrophe.Show Resources:Follow Ed Down on Twitter: @DowdEdwardPurchase ‘Cause Unknown' here: https://a.co/d/8J5vmbiLearn about Phinance Technologies here: phinancetechnologies.comWatch Trump quadruple down on Lockdown HEREhttps://x.com/mjarbo/status/1823176484720357446Watch Trump pledge to Warp Speed everything HERE:https://x.com/ShannonJoyRadio/status/1823350533207273656Fauci's ‘DNA of Caring' - Brownstone Institutehttps://brownstone.org/articles/faucis-dna-of-caring/Please Support Our Sponsors:Check out Patriot Mobile TODAY! The LEADING Christian, conservative telecom company and the very definition of parallel economies. SWITCH today at www.patriotmobile.com/joy and use the promo code JOY for a FREE month of service!!Colonial Metals Group is a valued sponsor of the SJ Extra special bonus from Field of Greens!!!!Plug in the promo code SHANNON for an additional 15% off your purchase!Go to www.fieldofgreens.com to shop and save! Support the Show.Please Support Our Sponsors! Achieve financial independence with Colonial Metals Group!!! Set up a SAFE & Secure IRA or 401k with a company who shares your values and supports this show! Learn about your options HERE ——>https://colonialmetalsgroup.com/joy Get FIT and healthy with your daily serving of Field of Greens!!! Go to www.fieldofgreens.com and use the promo code JOY for 15% off! For TOTAL phone security and privacy check out our sponsors at Connecta Mobil! Visit them TODAY at www.Phone123.com/Joy Or talk to a real person by calling: 941-246-2156
This week the SUNDAY WIRE broadcasts on Alternate Current Radio, as host Patrick Henningsen returns for a deep-dive into the elite Atlanticist confab known as Bilderberg, as we connect with journalist and political commentator Charlie Skelton who recently published his latest piece, War, AI and more war: the 2024 Bilderberg agenda is sure to set off alarm bells, and is on the ground in Madrid, Spain this week for the 2024 Bilderberg Meeting – where globalist planners and the heads of Big Tech, Big Finance, Big Oil and the Military Industrial Complex gather in secret to decide the western bloc agenda for the next 12 months. All this and much more. Watch this episode: https://www.youtube.com/watch?v=yHPuTPm6NVs This month's featured music artists: Joseph Arthur, Peter Conway, Walk-On Army, Permanent Wave & Utility New song from Walk-On Army, a Chopper tribute & cover song: ‘My Rifle, My Pony and Me' Get New Dawn Magazine March-April 2024 Issue: https://21w.co/nd203 SUPPORT OUR MEDIA OUTLET HERE (https://21w.co/support) OR JOIN OUR MEMBERSHIP COMMUNITY @21WIRE.TV (https://21wire.tv/membership/plans/)
Once upon a time, in a land far away, corporate interests didn't rule the political roost. It's hard to imagine today, when Big Oil, Big Tech and Big Finance (among other 'bigs') all muscle in on US democracy, grappling for the attention and affections of elected representatives. Indeed, a whole industry has sprung up to mediate this muscling, and you can find it on K Street. Home to Washington DC's lobbyists, K Street is also the topic of Brody Mullins' new book, The Wolves of K Street. This week on Whale Hunting, host Bradley Hope chats to Brody about the book, which he co-authored with his brother, Luke Mullins, and what they uncovered on their deep dive into the world of American corporate lobbying. Together, they discuss why lobbying came about in the first place and how powerful forces have changed over time, from the influential civil rights and environmental groups of the 1970s to today's big players on K Street. From mysterious deaths to dirty tactics and signs of change on Capitol Hill, Brody unravels this filthy rich industry, its biggest personalities, and its most questionable practices. Brody and Luke Mullins' book, The Wolves of K Street, is out now. You can find it online and in all good bookshops. Want more from Whale Hunting? Head to our website at whalehunting.projectbrazen.com to subscribe to our newsletter delving into the murky worlds of money and power. Learn more about your ad choices. Visit megaphone.fm/adchoices
ON THIS WEEKS PODCAST: Kevin Thompson interviews Emily Flitter, author of "The White Wall: How Big Finance Bankrupts Black America." They discuss systemic discrimination in the financial industry, focusing on the experiences of Black employees and customers at major banks. Topics include the lack of diversity on arbitration panels, the use of NDAs to silence discrimination victims, and the need for reparations and equity. They also examine the impact of discriminatory practices on individuals and communities, and the importance of systemic reforms. Emily highlights efforts by some banks to change practices and support disenfranchised communities, while Kevin emphasizes understanding different perspectives and the historical context of these issues. The episode concludes with a call to action for listeners to engage with the content and approach the book with awareness.Why Did You Write The Book: (2:50)Arbitration Panel and Diversity: (6:36)Financial Institutions Use of NDA'S: (11:05)What is Affirmative Defense: (13:35)JP Morgan Chase: please Use Caution: (15:27)Ghetto Loans: (18:20)Solutions to these Issues: (21:58)DEI and Reparations: (25:43)Website: http://www.9icapitalgroup.com
In this episode: Lindsay Dorf, founder of Fintech start-up Astor, joins Katie and Tara and opens up on challenges she experiences as a woman in fintech Why not all flops are failures Lindsay's GENIUS way of hiring people Why securing funding is like dating Why some of Tara's best mentors have been White Men PLUS the gang answers an audience question about needing momentum to start a business
Join Markus for a compelling episode of the Space Cafe Podcast, where he embarks on a journey through the remarkable adventures of Paul Niel. Niel, an explorer and adventurer, delves into his experiences from unearthing ancient relics to embarking on space analog missions. This episode is a testament to the human spirit of exploration, whether scaling the highest peaks or simulating life on Mars.3 Memorable Quotes by Paul Niel:1. "Exploration is not just about reaching new places; it's about expanding our understanding and pushing the limits of human potential."2. "The beauty of our planet and the mystery of space are two sides of the same coin, each inspiring us to explore and discover."3. "From the depths of oceanic caves to the possibility of life on Mars, every adventure enriches our perspective and knowledge of the world and beyond." List of All Links or Names Shared:• Paul Niel Website: https://paulniel.com/• The Loop - Documentary about an Adventure at the Doorstep: https://www.youtube.com/watch?v=18w_JkXtR2A• Project Avenger: https://www.project-avenger.com/• Azores CAMoes Analog Mission: https://www.montanheiros.com/camoesproject/• The Explorers Club: https://www.explorers.org/ Choice of Music for the Spotify Playlist for the Aspiring Astronaut:Groove Armada - At the River. A tune that reflects the contemplative and adventurous spirit of exploration. https://www.youtube.com/watch?v=m-uztVX6QFQ
Bitcoin just hit $50,000 for the first time in over 2 years.But its different this time. Why? Because of the journey.There's less roadblocks. Bigger players. And lots of hurdles have been conquered.And most importantly, Big Finance got their greedy hands on an ETF. This episode will explain why all this matters to anyone, even if you don't invest in crypto.Connect With MeHeroes! Please leave a review on Apple or Spotify if you love the podcast to help it grow and enable me to get bigger guests on the pod!If you want to join my wealth-building and productivity focused newsletter that takes 5 minutes to read every week, then go to my website. LinkedIN YouTube About the Podcast If working a 9-5 for 60 years so you can retire with a little money and die a few years later is what you want to do, then this is not the podcast for you. This podcast is about unique investment strategies and interviews with hi-earning individuals on how they make money so you can copy us and grow wealth too! There's a big focus on reaching that first $100,000 net worth is one of the biggest financial milestones because you have to get their through labor, not necessarily investing. Then, create a plan and develop habits to become a millionaire before you want to retire and enjoy the life you want instead of the one society wants you to have as a complacent consumer.
SpaceWatch.Global is pleased to present: The Space Café Podcast #100: Ditching Big Finance for adventure: Exploring Earth and Beyond with Paul Niel Episode 100 features special guests: Paul NielJoin Markus for a compelling episode of the Space Café Podcast, where he embarks on a journey through the remarkable adventures of Paul Niel. Niel, an explorer and adventurer, delves into his experiences from unearthing ancient relics to embarking on space analog missions. This episode is a testament to the human spirit of exploration, whether scaling the highest peaks or simulating life on Mars. 3 Memorable Quotes by Paul Niel:1. "Exploration is not just about reaching new places; it's about expanding our understanding and pushing the limits of human potential."2. "The beauty of our planet and the mystery of space are two sides of the same coin, each inspiring us to explore and discover."3. "From the depths of oceanic caves to the possibility of life on Mars, every adventure enriches our perspective and knowledge of the world and beyond."List of All Links or Names Shared: • Paul Niel Website: https://paulniel.com/• The Loop - Documentary about an Adventure at the Doorstep: https://www.youtube.com/watch?v=18w_JkXtR2A• Project Avenger: https://www.project-avenger.com/• Azores CAMoes Analog Mission: https://www.montanheiros.com/camoesproject/• The Explorers Club: https://www.explorers.org/ Choice of Music for the Spotify Playlist for the Aspiring Astronaut: Groove Armada - At the River. A tune that reflects the contemplative and adventurous spirit of exploration. https://www.youtube.com/watch?v=m-uztVX6QFQYou can find us on Spotify and Apple Podcast!Please visit us at SpaceWatch.Global, subscribe to our newsletters. Follow us on LinkedIn and Twitter!
EXPOSED: What the Deep State Got Away With While You Weren't Looking The Russia-Ukraine war, the Hamas-Israel war, Iran and China threats, GOP speaker of the House chaos. Those are just a sample of insane events happening in the world, but how many other critical domestic news stories have been buried as a result? The COVID origin story still remains the biggest story on the planet that Washington doesn't want us to shine a light on. New information had been dropping almost every week for the last several months, thanks in large part to disclosures from the House Oversight Committee on COVID origins. We were discovering who was involved, what they knew, WHEN they knew it, and the ensuing cover-ups to make sure NO ONE knew what had been going on. Glenn cuts through world chaos to follow the money. The trail twists through multiple layers of government (including the CIA!), Big Finance, and Big Pharma and winds up at ground zero in a biolab in Wuhan. In the end, Glenn exposes a massive medical-industrial complex that's been quietly metastasizing for decades. And the Deep State is counting on other crises to keep you distracted while they get away with corruption in the dark. Watch this special at- https://youtu.be/91yWKA1lN38?si=hd22w28URQyOpDyz Glenn Beck 1.2M subscribers 147,636 views Premiered Oct 25, 2023 #theblaze #fauci #iran ► Click HERE to subscribe to Glenn Beck on YouTube: https://bit.ly/2UVLqhL ► Click HERE to subscribe to BlazeTV: get.blazetv.com/glenn ► Click HERE to subscribe to BlazeTV YouTube: / @blazetv ► Click HERE to sign up to Glenn's newsletter: https://www.glennbeck.com/st/Morning_... Connect with Glenn on Social Media: / glennbeck / glennbeck / glennbeck #glennbeck #glenntv #theblaze #blazetv #blazemedia #exposed #deep #state #deepstate #russia #ukraine #israel #iran #china #fauci #drfauci #covid #gainoffunction ► Click HERE to subscribe to Glenn Beck on YouTube: https://bit.ly/2UVLqhL ► Click HERE to subscribe to BlazeTV: get.blazetv.com/glenn ► Click HERE to subscribe to BlazeTV YouTube: / @blazetv ► Click HERE to sign up to Glenn's newsletter: https://www.glennbeck.com/st/Morning_... Connect with Glenn on Social Media: http://twitter.com/glennbeck http://instagram.com/glennbeck http://facebook.com/glennbeck #glennbeck #glenntv #theblaze #blazetv #parentaladvisory #explicit #control #kids #california #rights #government Glenn Beck on Rumble- https://rumble.com/c/GlennBeck On Podcast Addict- The Glenn Beck Program BlazeTV is highly recommended by ACU. SubscribeToday! Book by Glenn Beck - Dark Future: Uncovering the Great Reset's Terrifying Next Phase (The Great Reset Series) by Glenn Beck. July 11, 2023 The Great Reset was just the beginning. At important meetings in 2021 and 2022, powerful leaders from government, finance, media, and business who support the World Economic Forum's plan for a Great Reset of capitalism launched a new “call to action” titled the “Great Narrative.” The Great Narrative campaign seeks to use the decay of traditional values throughout the West and new and future advancements in technology—including in the areas of artificial intelligence, automation, the metaverse, robotics, and more—to seize control of economies and societies in North America and Europe. The elites behind these proposals even plan to impact the way people across cultures and the planet understand what it means to be human and to have free will. According to the leaders of The Great Reset and Great Narrative movements, by the year 2030, your world will be fundamentally transformed. Together, the highly influential and often extremely wealthy figures and institutions behind the Great Narrative are building a troubling new framework for humanity, one that has the potential to change life on earth forever. Just as worrisome, the Communist Party of China and Vladimir Putin's authoritarian regime in Russia are adopting technology-centric approaches of their own to control citizens and institutions, both domestically and abroad. In Dark Future: Uncovering the Great Reset's Terrifying Next Phase, New York Times bestselling authors Glenn Beck and Justin Haskins reveal the most important technologies and social and cultural changes that will soon cause an unprecedented level of disruption in the United States, as well as in countless other nations. They also outline the dangers and opportunities associated with these disruptions and provide a plan to protect individuals and families from losing their liberty. How the free people of the world react to the challenges outlined in this revolutionary book will change the course of history for generations to come. In this emerging, intense struggle for the future of humankind, whose side will you be on? Purchase this book at your favorite book seller or at Amazon: https://www.amazon.com/Dark-Future-Uncovering-Resets-Terrifying/dp/1637632118
This week, the lads are looking at ESG - Environment, Social & Governance. For years now, companies have been pushing the idea that an 'ESG Score' could be a profitable guide to investing. Yet this latest mind virus for the finance community has produced scrappy results. Now, with Blacrock and Standard & Poor dropping it in the face of tightening markets, Philip Pilkington looks back on the evolution of a fad. In Hong Kong, a little-known investment vehicle allows foreign companies to raise funds in Chinese Currency. Recently we learned that the quantity of 'Dim Sum Bonds' has gone up fourfold in five years. Is this the gateway drug to foreigners finally being allowed to invest in China's capital markets? Then, a consistent theme comes around. Measured by PPP, Germany's economy is on some metrics now smaller than Russia's. Andrew Collingwood analyses why and how the West walked into the strategic blunder of sanctions - one that seems to increasingly have world-historical consequences.
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/african-american-studies
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/american-studies
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo and reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide a “must-read wake-up call” (Valerie Red-Horse Mohl, president of KNOWN Holdings) about what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall: How Big Finance Bankrupts Black America (Atria/One Signal Publishers, 2022) is an essential examination of one of its most caustic contributors. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/journalism
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/critical-theory
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/politics-and-polemics
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices
How common is financial malpractice in big, well known financial companies? Is it so common that it should really be seen as a business model more than an occasional aberration by rogue traders? These are questions posed by Ronen Palan and Anastasia Nesvetailova in their book Sabotage: The Business of Finance (PublicAffairs, 2020). Listen to Owen Bennett-Jones discuss the future of big finance with Anastasia Nesvetailova. Owen Bennett-Jones is a freelance journalist and writer. A former BBC correspondent and presenter he has been a resident foreign correspondent in Bucharest, Geneva, Islamabad, Hanoi and Beirut. He is recently wrote a history of the Bhutto dynasty which was published by Yale University Press. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/book-of-the-day
Why Big Finance loves the war in Ukraine, Zach Abraham explains. AND, he and I go WAY OFF on the legalized kidnapping laws. They did it with Covid, they are doing it with Ukraine: When the State and Big Business merge, what used to be market-driven “creative destruction” to make room for innovation becomes lawless, violent destruction to make room for domination. What does God say? Luke 12:15 And he said to them, “Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.”1 Timothy 6:17-19 As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life. Joe Manchin: “WATCH: We're not spending money in Ukraine — we're investing in the future of democracy. That's why I was proud to travel to Kyiv last week with @lisamurkowski & @SenMarkKelly to reaffirm America's bipartisan support for Ukraine & for democracy.Michel Tracey's great video thread on Big Finance pushing for war in Ukraine - Citibank executive declares "we have to win this war" because there is such desire to "mobilize private capital" in UkraineLeaked Pentagon Documents Show up to Four Additional Spy Balloons; “The documents also detailed a lack of ‘strong senior' oversight of the balloon surveillance program, according to the report.”Another huge L for “anonymous US officials”… https://4patriots.comStock up on 4Patriots Survival Food Kits. Use code TODD to save 10% on your first order.BioOptimizershttps://magbreakthrough.com/toddUse promo code TODD for 10% off your order. Bonefroghttps://bonefrog.usEnter promo code TODD at checkout to receive 10% off your subscription. Bulwark Capital https://bulwarkcapitalmgmt.comAct now and get Bulwark Capital's “Common Cents Investing guide FREE. GreenHaven Interactivehttps://greenhaveninteractive.comGet seen on Google more with your worldclass website! Healthycellhttps://healthycell.com/toddJourney to better health and save 20% off your first order with promo code TODD. My Pillowhttps://mypillow.comUse code TODD for Closeout pricing on all All Season Slippers. RuffGreenshttps://ruffgreens.com/toddGet your FREE Jumpstart Trial Bag of Ruff Greens, simply cover shipping. SOTA Weight Losshttps://sotaweightloss.comSOTA Weight Loss is, say it with me now, STATE OF THE ART! Texas SuperFoodhttps://texassuperfood.comTexas SuperFood is whole food nutrition at its best.
Big Banks Love Them Some Ukraine Where They Will . . . Build Back Better, Baby! Cha-Ching. The Pattern Recognition is thick between the war in Ukraine and the War on America's small businesses and Constitutional system. Build Back Better, the Cobvid Flu Swindle: Before The Party decided to leverage a nearly two-year old flu they probably created to crush small businesses and force injections, Blackrock told the U.S. Treasury to find a way to inject hundreds of billions of conjured “money” into the U.S. economy. When President Trump went against his correct instincts and allowed Tony Fauci to shut-down all portions of the economy that were life-lines for real people, The Treasury did as they were told and illegally purchased corporate debt, to the tune of nearly $800 billion in fake money. That largely went to companies in which Blackrock and Vanguard--same people, different logos--who then used the fake money to buy real assets, like real estate that the lockdown continued and amplified the people who run Joe Biden had driven into low prices. In the same timeframe, pharma got massive amounts of fake money to produce a fake vaccine on a platform Tony Fauci and his owners in pharma had been obsessing over for almost a decade. All of this was sold to Americans as charitable help. Build Back Better, the Ukraine Project: Now, The Party is using the Russian invasion of Ukraine, at least caused in part by our State Department organizing a coup in Ukraine and--as Joe Biden said warned against for the very reason that it could cause Putin react violently--by moving NATO to Russia's border, to use fake money to buy real assets, this time in Ukraine. Once again, this is being sold as charitable help by Citibank, Blackrock, IBM, Ukraine itself and the people who run Joe Biden. What does God say? God wants us to work, He wants us to have the resources to feed our families and help other people, He directs us to be wise stewards, to care for the least of these and the entire Bible is filled with admonitions against making money our idol. Here are only a few instances where God warns us about worshipping wealth in this life. 1 Timothy 6:10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs.Hebrews 13:5 Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”Matthew 6:24 “No one can serve two masters, for either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve God and money.Ecclesiastes 5:10 He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.Proverbs 13:11 Wealth gained hastily will dwindle, but whoever gathers little by little will increase it.2 Timothy 3:2 For people will be lovers of self, lovers of money, proud, arrogant, abusive, disobedient to their parents, ungrateful, unholy,Proverbs 22:7 The rich rules over the poor, and the borrower is the slave of the lender.Luke 12:15 And he said to them, “Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.”1 Timothy 6:17-19 As for the rich in this present age, charge them not to be haughty, nor to set their hopes on the uncertainty of riches, but on God, who richly provides us with everything to enjoy. They are to do good, to be rich in good works, to be generous and ready to share, thus storing up treasure for themselves as a good foundation for the future, so that they may take hold of that which is truly life.Joe Manchin: “WATCH: We're not spending money in Ukraine — we're investing in the future of democracy. That's why I was proud to travel to Kyiv last week with @lisamurkowski & @SenMarkKelly to reaffirm America's bipartisan support for Ukraine & for democracy.Michel Tracey's great video thread on Big Finance pushing for war in Ukraine - Citibank executive declares "we have to win this war" because there is such desire to "mobilize private capital" in UkraineLeaked Pentagon Documents Show up to Four Additional Spy Balloons; “The documents also detailed a lack of ‘strong senior' oversight of the balloon surveillance program, according to the report.”Another huge L for “anonymous US officials”… https://4patriots.comStock up on 4Patriots Survival Food Kits. Use code TODD to save 10% on your first order.BioOptimizershttps://magbreakthrough.com/toddUse promo code TODD for 10% off your order. Bonefroghttps://bonefrog.usEnter promo code TODD at checkout to receive 10% off your subscription. Bulwark Capital https://bulwarkcapitalmgmt.comAct now and get Bulwark Capital's “Common Cents Investing guide FREE. GreenHaven Interactivehttps://greenhaveninteractive.comGet seen on Google more with your worldclass website! Healthycellhttps://healthycell.com/toddJourney to better health and save 20% off your first order with promo code TODD. My Pillowhttps://mypillow.comUse code TODD for Closeout pricing on all All Season Slippers. RuffGreenshttps://ruffgreens.com/toddGet your FREE Jumpstart Trial Bag of Ruff Greens, simply cover shipping. SOTA Weight Losshttps://sotaweightloss.comSOTA Weight Loss is, say it with me now, STATE OF THE ART! Texas SuperFoodhttps://texassuperfood.comTexas SuperFood is whole food nutrition at its best.
Clancy Overall and Wendell Hussey kick off another day in news, live from the Desert Rock FM studioSee omnystudio.com/listener for privacy information.
In this episode, Rob and Ileana are joined by Cristian Raygoza, Founder and Managing Partner at Illuminar Ventures. Great founders in Latin America will want to meet him, and Limited Partner investors interested in diversifying their holdings will want to as well! He sees a massive talent diversity development and company building opportunity in Latin America. He is a dynamic young Venture Capitalist, and leader in the LGBTQ+ community across the US. He's a self described finance nerd turned great company finder and investor and shares his specific theses on "developing talent and teams" to build better companies, from his own life experience and having worked inside the one of the world's biggest angel investment community, Gaingels. Borne and raised in the suburbs of Los Angeles, he built his early professional experience in Big Finance in New York City working in portfolio management at AIG Asset Management. He returned to the West Coast as an early team member at one of the world's largest Angel Investment groups, Gaingels, and has now spun that off into his firm, Illuminar Ventures with it's unique focus on diverse, inclusive investing in Latin America and the US markets. He has also been involved extensively in organizations at the intersection of the LGBTQ identity and business, including serving as a director for Out For Undergrad, the leading LGBTQ undergraduate business conference. Cristian graduated from the University of Chicago with a BA in Economics. He plays violin, loves attending the SF Symphony, cycling, Latin American contemporary art, and generally wandering his way into random niches that pique his interest. Iluminar Ventures is a San Francisco and Mexico City based venture firm investing in Spanish-speaking Latin America and is a spinout from Gaingels, one of the most active venture firms in the world today. Iluminar has already invested in over 30 startups in the region, with a strong focus on Seed and Series A. Feel free to follow and engage with CRISTIAN here: LinkedIn: https://www.linkedin.com/in/cristianraygoza/ Twitter: https://mobile.twitter.com/crisraygoza_ Website: https://www.iluminar.ventures/ Links related to the organizations discussed on the episode: https://gaingels.com/https://www.outforundergrad.org/https://www.questbridge.org/https://startout.org/Link to join LGBTQ LatAm WA group We're so grateful to you, our growing audience of entrepreneurs, investors, builders, influencers and those interested in the entrepreneurial economies of Latin America and the under-represented entrepreneurial communities in the USA! Plug in, relax and enjoy some Spanish, English and a fun dose of spanglish as always. We're here to help inspire, educate and empower you, so that you can build the future! ¡Salud y gracias!, Mentors Today's Team --- Send in a voice message: https://podcasters.spotify.com/pod/show/mentorstoday/message
Don't be cannon fodder for Fidelity and Blackrock with Zach Abraham . . . and speaking of the narcissism of The Party, here are some ways to help us deal with our Country being run by malignant narcissists A 23% loss for retirees!? Did you give Blackrock permission to use YOUR money to fund their Culture War against Americans? Zach Abraham joins. How does Fidelity announce a 23% loss for retirees and see no demands from accountability for the managers of that company? Zach Abraham tells us about that and more on the way the big firms operate. Many of the c-suite insiders in Big Finance view the retirement accounts of the non-rich as cannon fodder to insulate the big firms and the c-suite from losses--that's one reason there are no alarms going off. Another reason for the placid calm, is they are “too big to fail”; for instance, Blackrock, State Street and Vanguard are using your money to fight their culture war against you. Still, these firms are not immune to public pressure. Vanguard's PR people want to make people believe they have dropped out of the ESG cult. If it's not Zach and Bulwark, I suggest you find a non-mobbed-up firm to help steward your money, rather than companies like Fidelity. What does God say? Hebrews 13:5 Keep your life free from love of money, and be content with what you have, for he has said, “I will never leave you nor forsake you.”Colossians 3:5 Put to death therefore what is earthly in you: sexual immorality, impurity, passion, evil desire, and covetousness, which is idolatry.Luke 12:15 And he said to them, “Take care, and be on your guard against all covetousness, for one's life does not consist in the abundance of his possessions.”1 Timothy 6:10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangsRetirees lost 23% of their 401(k) savings in 2022, Fidelity saysReporter: "Only 36% of voters approve of the president's handling of the economy... are voters just not getting the right message or is there something wrong with the president's policies?" - Jean-Pierre: "No, there's nothing wrong with the president's policy."WH press sec: “The country needs more workers, especially women, in order to deliver on the president's bold agenda…”Gotta give it to Vanguard's PR department for their attempt to placate ESG critics. They dropped *one* industry association (NZAM), while still remaining tied to: - United Nations PRI- SASB (“Sustainability Accounting”)- TFCD, etc.Don't fall for the actVivek Ramaswamy: BlackRock, State Street, and Vanguard alone manage nearly as much money as the *entire US GDP.* They use that money to advance “racial equity audits” and “emissions caps.” But it's not their money. It's yours.Show AdvertisersAlan's Soaps https://alanssoaps.com/TODD Use coupon code ‘TODD' to save an additional 10% off the bundle price. Bonefrog Coffee https://bonefrog.us Enter promo code TODD at checkout to receive 5% off your subscription. Bulwark Capital https://knowyourriskradio.comGet your free copy of “Common Cents Investing” Call 866-779-RISK or visit the website. Healthycell https://healthycell.com/todd Journey to better health and save 20% off your first order with promo code TODD.My Pillowhttps://mypillow.com Sleep cool with the new MyPillow 2.0 now Buy One Get One Free with code TODD.RuffGreens https://ruffgreens.com/todd Get your FREE Jumpstart Trial Bag of Ruff Greens, simply cover shipping. SOTA Weight Loss https://sotaweightloss.com SOTA Weight Loss is, say it with me now, STATE OF THE ART!Texas Superfoods https://texassuperfoods.com Texas Super Foods is whole food nutrition at its best.GreenHaven Interactivehttps://greenhaveninteractive.comGet more customer online with a world class website and Google
For Black and Brown Americans, access to capital, getting a home appraised, or even access to standard banking services can be challenging. After centuries of targeted policies that set Black and Brown Americans behind, the racial wealth gap has only grown--fueling inequities in communities of color. Systemic racism inside the American financial services industry serves as yet another barrier for not only banking customers and budding entrepreneurs, but also internal employment practices at the banks themselves.rnrnEmily Flitter covers banking and Wall Street for The New York Times. Before this, she spent eight years at Reuters, writing about politics, financial crimes, and the environment. In her new book, The White Wall: How Big Finance Bankrupts Black America, Flitter connects the dots between data, history, legal scholarship, and offers powerful personal stories as America continues to confront systemic racism and pave a path forward.rnrnJoin us at the City Club for a conversation with Flitter, moderated by Danielle L. Sydnor, President of the Cleveland Branch NAACP and Founder and CEO of We Win Strategies Group, on the racial wealth gap, civil rights, and what it means to bank while Black.
THE THESIS: The FBI is completely compromised at the top. If you make any move against The Party--even if it's a social media post doubting our “safe and secure” elections, the FBI will treat that as an election crime. If they don't think they can get a conviction, that doesn't matter to them, the FBI will use the “process as the punishment.” In every way, the FBI's corruption on behalf of The Party is an amped-up version of what Twitter has done to punish people. THE SCRIPTURE & SCRIPTURAL RESOURCES: The FBI leadership seems to have no idea who they are choosing to serve. As we can tell by their fruits, it's not God: Matthew 20:26–28“It shall not be so among you. But whoever would be great among you must be your servant, and whoever would be first among you must be your slave, even as the Son of Man came not to be served but to serve, and to give his life as a ransom for many.”Luke 12:48“Everyone to whom much was given, of him much will be required, and from him to whom they entrusted much, they will demand the more.”James 2:1-9Favoritism Forbidden2 My brothers and sisters, believers in our glorious Lord Jesus Christ must not show favoritism. 2 Suppose a man comes into your meeting wearing a gold ring and fine clothes, and a poor man in filthy old clothes also comes in. 3 If you show special attention to the man wearing fine clothes and say, “Here's a good seat for you,” but say to the poor man, “You stand there” or “Sit on the floor by my feet,” 4 have you not discriminated among yourselves and become judges with evil thoughts?5 Listen, my dear brothers and sisters: Has not God chosen those who are poor in the eyes of the world to be rich in faith and to inherit the kingdom he promised those who love him? 6 But you have dishonored the poor. Is it not the rich who are exploiting you? Are they not the ones who are dragging you into court? 7 Are they not the ones who are blaspheming the noble name of him to whom you belong?8 If you really keep the royal law found in Scripture, “Love your neighbor as yourself,” you are doing right. 9 But if you show favoritism, you sin and are convicted by the law as lawbreakers.THE NEWS & COMMENT The FBI's bosses--hey are not acting as leaders--are using our tax dollars not for law enforcement, but narrative building. They are more than willing to spend out tax dollars financially and emotionally crushing people even with no hope of a conviction in court. As Mark Steyn said, “the process is the punishment.” FBI whistleblower says bureau using excessive tactics to ensure 'process is the punishment' - Special Agent Steven Friend says many of his colleague share his concerns: "We are supposed to be people of integrity."If you a person becomes “upset” by something you post about the elections the FBI considers that part of an “election crime.” Leaked FBI document lists “misinformation” as an “election crime”; The FBI is watching social media posts.Will Ted Cruz have his home raided by the FBI?Newsweek Proclaims Antifa Doesn't Exist in Bizarre Ted Cruz ‘Fact Check' - “Labeling the [2020 Antifa/Black Lives Matter-led] protests as ‘Antifa riots' is misleading too as there is no organization or group known as such.” – NewsweekIt is not just the FBI, of course. So-called “private health boards” are punishing doctors for thought-crimes if they say anything that counters The Party's narrative. Dr. Peter McCullough, leader of freedom movement, top global cardiologist, stripped of medical licenses & credentials by Texas medical boards; why? he spoke of early treatment & danger of the vaccine; Jim Hoft: BREAKING, Marxist Medical Boards Strip Top Dr. Peter McCullough's Medical Credentials for Speaking the Truth About COVID VaccineAre you ready for a world where only “doctors” who pledge allegiance to the CCP and Bill Gates owned World Health Organization are considered “reliable” by the world's second largest search engine and by far the largest video platform? YouTube: Users will have to commit to WHO-approved practices to be labeled as “reliable” in algorithmIt's not just YouTube. PayPal is back to saying they will fine you if you say something they dislike PayPal quietly reintroduces $2,500 “misinformation” fineThe narrative control is why The Party--Mockingbird Media, Academia, Pharma, Big Finance, Tech and The Deep State--are so upset with Elon Musk. He has threatened their ability to threaten people with the process punishment of losing their social media presence. NY-Times freaks out: Elon Musk Completes $44 Billion Deal to Own Twitter; The world's richest man closed his blockbuster purchase of the social media service, thrusting Twitter into a new era.[AUDIO] - MSNBC Warns Musk's Idea Of Free Speech Threatens Free SpeechThis was apparently a parody of Twitter employees and I fell for it. It's spot on! [AUDIO] - An apparently fired, former Twitter employee says sane people are NAZIs
The White Wall: How Big Finance Bankrupts Black America by Emily Flitter An explosive and deeply reported look at the systemic racism inside the American financial services industry, from acclaimed New York Times finance reporter Emily Flitter. In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter […] The post Chris Voss Podcast – The White Wall: How Big Finance Bankrupts Black America by Emily Flitter appeared first on Chris Voss Official Website.
Emma hosts Emily Flitter, finance reporter for the New York Times, to discuss her recent book The White Wall: How Big Finance Bankrupts Black America. First, Emma discusses this morning's news of President Biden announcing that WNBA star Brittney Griner has been released from Russian custody. Then, Emily joins and speaks about the current NYTimes Guild walk outs and what this means for the Times workers fight for better pay and better benefits. Afterwards Emily and Emma dive into her book, starting off with a general primer on the enormous racial wealth gap in the U.S., and how that wealth gap has persisted and even widened over the past 50+ years. She then touches on how banks have attempted to use a narrative of "racial progress" to buttress their social justice bona fides, without acknowledging the massive financial inequities that exist for Black Americans, and especially without acknowledging some significant banks like Citi's direct roots in slavery. Emily then speaks to the large amount of emails between bank tellers of numerous bank branches and how they showed a disproportionate emphasis on scrutinizing black patrons attempting to cash checks. They then turn to algorithms, how banks use them, and how they are utilized to continue to perpetuate the myth that algorithms are race blind and race conscious because they lack the same human error that produces racism, a claim that is blatantly false (algorithms aren't omniscient and don't appear in the world fully formed.) Emily ends the conversation by touching on her reporting on cryptocurrency, specifically FTX and Sam Bankman-Fried's attempts to assist with cities' guaranteed income programs in order to curry favor with Washington politicians, attempting to give impoverished people crypto, being told that poor people shouldn't be given an enormously speculative and unstable asset, agreeing to give them cash, then shuttering before handing over a single cent. Afterwards, Emma discusses further the passage of the Respect For Marriage Act, and Republicans insane reaction to its enshrinement into law. And, in the fun half, Emma is joined by Matt Binder and Brandon Sutton, where they break down the "next entries" in the so-called "Twitter Files", Jack Dorsey's skepticism of Elon Musk, and Candace Owens claiming she doesn't believe in conspiracy theories, that the term "conspiracy theory" were created by the CIA, then begins to spout the conspiracy theories she believes in. Dave Rubin excitedly announces he tested positive for COVID, Dennis Prager's latest therapy session (his show) involves him thinking good male relationships involve being mean to each other, leading him to believe trans people can't truly become men, + your calls & IM's! Check out Emily's book here: https://www.simonandschuster.com/books/The-White-Wall/Emily-Flitter/9781982183240 Get tickets to the "Give Them A Revolution" live show! https://www.ticketweb.com/event/this-is-revolution-left-reckoning-cutting-room-tickets/12706315 Become a member at JoinTheMajorityReport.com: https://fans.fm/majority/join Subscribe to the ESVN YouTube channel here: https://www.youtube.com/esvnshow Subscribe to the AMQuickie newsletter here: https://am-quickie.ghost.io/ Join the Majority Report Discord! http://majoritydiscord.com/ Get all your MR merch at our store: https://shop.majorityreportradio.com/ Get the free Majority Report App!: http://majority.fm/app Follow the Majority Report crew on Twitter: @SamSeder @EmmaVigeland @MattBinder @MattLech @BF1nn @BradKAlsop Check out Matt's show, Left Reckoning, on Youtube, and subscribe on Patreon! https://www.patreon.com/leftreckoning Subscribe to Brandon's show The Discourse on Patreon! https://www.patreon.com/ExpandTheDiscourse Subscribe to Discourse Blog, a newsletter and website for progressive essays and related fun partly run by AM Quickie writer Jack Crosbie. https://discourseblog.com/ Check out Matt Binder's YouTube channel: https://www.youtube.com/mattbinder Check out Ava Raiza's music here! https://avaraiza.bandcamp.com/ The Majority Report with Sam Seder - https://majorityreportradio.com/
The New York Times' Emily Flitter reports on the barriers that people of color face when interacting with the U.S. financial services industry. She's interviewed by author and Brookings Institution senior fellow Andre Perry. Learn more about your ad choices. Visit megaphone.fm/adchoices
(Airdate 10/31/22) Emily Flitter covers banking and Wall Street for The New York Times. Before joining The Times in 2017, she spent eight years at Reuters, writing about politics, financial crimes and the environment. She is the author of “The White Wall: How Big Finance Bankrupts Black America,” published by One Signal Publishers in 2022.
THE THESIS: The FBI is completely compromised at the top. If you make any move against The Party--even if it's a social media post doubting our “safe and secure” elections, the FBI will treat that as an election crime. If they don't think they can get a conviction, that doesn't matter to them, the FBI will use the “process as the punishment.” In an eerie way, the FBI's corruption on behalf of The Party is an amped-up version of what Twitter has done to punish people. THE SCRIPTURE & SCRIPTURAL RESOURCES: The FBI leadership seems to have no idea who they are choosing to serve. As we can tell by their fruits, it's not God: Matthew 20:26–28“It shall not be so among you. But whoever would be great among you must be your servant, and whoever would be first among you must be your slave, even as the Son of Man came not to be served but to serve, and to give his life as a ransom for many.”Luke 12:48“Everyone to whom much was given, of him much will be required, and from him to whom they entrusted much, they will demand the more.”James 2:1-9Favoritism Forbidden2 My brothers and sisters, believers in our glorious Lord Jesus Christ must not show favoritism. 2 Suppose a man comes into your meeting wearing a gold ring and fine clothes, and a poor man in filthy old clothes also comes in. 3 If you show special attention to the man wearing fine clothes and say, “Here's a good seat for you,” but say to the poor man, “You stand there” or “Sit on the floor by my feet,” 4 have you not discriminated among yourselves and become judges with evil thoughts?5 Listen, my dear brothers and sisters: Has not God chosen those who are poor in the eyes of the world to be rich in faith and to inherit the kingdom he promised those who love him? 6 But you have dishonored the poor. Is it not the rich who are exploiting you? Are they not the ones who are dragging you into court? 7 Are they not the ones who are blaspheming the noble name of him to whom you belong?8 If you really keep the royal law found in Scripture, “Love your neighbor as yourself,” you are doing right. 9 But if you show favoritism, you sin and are convicted by the law as lawbreakers.THE NEWS & COMMENTThe FBI's bosses--hey are not acting as leaders--are using our tax dollars not for law enforcement, but narrative building. They are more than willing to spend our tax dollars financially and emotionally crushing people even with no hope of a conviction in court. As Mark Steyn said, “the process is the punishment.” FBI whistleblower says bureau using excessive tactics to ensure 'process is the punishment' - Special Agent Steven Friend says many of his colleagues share his concerns: "We are supposed to be people of integrity."If a person becomes “upset” by something you post about the elections the FBI considers that part of an “election crime.” Leaked FBI document lists “misinformation” as an “election crime”; The FBI is watching social media posts.Will Ted Cruz have his home raided by the FBI?Newsweek Proclaims Antifa Doesn't Exist in Bizarre Ted Cruz ‘Fact Check' - “Labeling the [2020 Antifa/Black Lives Matter-led] protests as ‘Antifa riots' is misleading too as there is no organization or group known as such.” – NewsweekIt is not just the FBI, of course. So-called “private health boards” are punishing doctors for thought-crimes if they say anything that counters The Party's narrative. Dr. Peter McCullough, leader of freedom movement, top global cardiologist, stripped of medical licenses & credentials by Texas medical boards; why? he spoke of early treatment & danger of the vaccine; Jim Hoft: BREAKING, Marxist Medical Boards Strip Top Dr. Peter McCullough's Medical Credentials for Speaking the Truth About COVID VaccineAre you ready for a world where only “doctors” who pledge allegiance to the CCP and Bill Gates owned World Health Organization are considered “reliable” by the world's second largest search engine and by far the largest video platform? YouTube: Users will have to commit to WHO-approved practices to be labeled as “reliable” in algorithmIt's not just YouTube. PayPal is back to saying they will fine you if you say something they dislike PayPal quietly reintroduces $2,500 “misinformation” fineThe narrative control is why The Party--Mockingbird Media, Academia, Pharma, Big Finance, Tech and The Deep State--are so upset with Elon Musk. He has threatened their ability to threaten people with the process punishment of losing their social media presence. NY-Times freaks out: Elon Musk Completes $44 Billion Deal to Own Twitter; The world's richest man closed his blockbuster purchase of the social media service, thrusting Twitter into a new era.[AUDIO] - MSNBC Warns Musk's Idea Of Free Speech Threatens Free SpeechThis was apparently a parody of Twitter employees and I fell for it. It's spot on! [AUDIO] - An apparently fired, former Twitter employee says sane people are NAZIs
Emily Flitter, a senior banking reporter for the New York Times and author of The White Wall: How Big Finance Bankrupts Black America, discusses why she decided to write the book, what she uncovered, and how discrimination continues to be a formidable challenge.
The White Wall: How Big Finance Bankrupts Black America by Emily Flitter An explosive and deeply reported look at the systemic racism inside the American financial services industry, from acclaimed New York Times finance reporter Emily Flitter. In 2018, Emily Flitter received a tip that Morgan Stanley had fired a Black employee without cause. Flitter had been searching for a way to investigate the deep-rooted racism in the American financial industry, and that one tip lit the sparkplug for a three-year journey through the shocking yet normalized corruption in our financial institutions. Examining local insurance agencies and corporate titans like JPMorgan Chase, BlackRock, and Wells Fargo, The White Wall reveals the practices that have kept the racial wealth gap practically as wide as it was during the Jim Crow era. Flitter exposes hiring and layoff policies designed to keep Black employees from advancing to high levels; racial profiling of customers in internal emails between bank tellers; major insurers refusing to pay Black policyholders' claims; and the systematic denial of funding to Black entrepreneurs. She also gives a voice to victims, from single mothers to professional athletes to employees themselves: people who were scammed, lied to, and defrauded by the systems they trusted with their money, and silenced when they attempted to speak out and seek reform. Flitter connects the dots between data, history, legal scholarship, and powerful personal stories to provide an assiduously reported, eye-opening look at what it means to bank while Black. As America continues to confront systemic racism and pave a path forward, The White Wall is an essential examination of one of its most caustic contributors.
With energy shortages, fuel costs are skyrocketing around the world. Experts question how Europeans will keep from freezing this winter. The world needs more oil and liquified natural gas (LNG). Alaska has some of the richest oil and gas supplies on earth and wants to meet the demand. Gov. Mike Dunleavy explains that Alaska is one of the top states in energy, agriculture, lumber, and other critical commodities. Only bad policy is holding the state back. - - - - - Then, Dan Morenoff of the American Civil Rights Project explains his opinion piece - top of the page in the Wall Street Journal Opinion section - arguing why we need to break up the ESG Investing Giants. Not only do the top asset managers own decisive percentages of almost all companies in the S & P and the major media – they also own large shares of each other. Morenoff explains how 19 states attorneys general are now investigating whether Big Finance has become the standard oil of our time, in need of busting up. These companies hold so much power that they can collude to demonetize American oil & gas, firearms manufacturers, and other industries they either dislike or for which they might pour money into foreign competitors. Conflicts of interest must be disclosed and the law applied to protect American businesses and consumers.
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/new-books-network
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/anthropology
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/sociology
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/economics
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/science-technology-and-society
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/finance
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices
In Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets (Harper Business, 2022), Brett Scott tells an urgent and revelatory story about how the fusion of Big Finance and Big Tech requires “cloudmoney”—digital money underpinned by the banking sector—to replace physical cash. He dives beneath the surface of the global financial system to uncover a long-established lobbying infrastructure: an alliance of partners waging a covert war on cash. He explains the technical, political, and cultural differences between our various forms of money and shows how the cash system has been under attack for decades, as banking and tech companies promote a cashless society under the banner of progress. Cloudmoney takes us to the front lines of a war for our wallets that is also about our freedom, from marketing strategies against cash to the weaponization of COVID-19 to push fintech platforms, and from there to the rise of the cryptocurrency rebels and fringe groups pushing back. It asks the most pressing questions: Who benefits from a cashless society and who gets left behind? Is the end of cash the end of true privacy? And is our cloudmoney future closer than we think it is? Brett Scott is an economic anthropologist, financial activist, and former broker. In 2013 he published The Heretic's Guide to Global Finance: Hacking the Future of Money, and since then has spoken at hundreds of events across the globe and has appeared across international media, including BBC World News and Sky News. He has written extensively on financial reform, digital finance, alternative currency, blockchain technology, and the cashless society for publications like the Guardian, New Scientist, Huffington Post, Wired, and CNN.com, and also publishes the Altered States of Monetary Consciousness newsletter. He has worked on financial reform campaigns and alternative currency systems with a wide range of groups and is a Senior Fellow of the Finance Innovation Lab (UK). He currently resides in Berlin. Utsav Saksena is a Research Fellow at the National Institute of Public Finance and Policy (NIPFP), an autonomous institute under the Ministry of Finance, Government of India. He can be reached at utsavsaksena@protonmail.com. Note: opinions expressed in this podcast are purely personal and do not reflect the official position of NIPFP or the Ministry of Finance, Government of India. Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://newbooksnetwork.supportingcast.fm/technology
Is the growing ascendance of digital money simply an organic evolution away from the purported inconveniences of physical cash? Or is this transition actually a nefarious, corporate-engineered, neo-enclosure of money by Big Finance and Big Tech? In his latest book, Cloudmoney: Cash, Cards, Crypto, and the War for Our Wallets, author, journalist, and financial hacker Brett Scott lays out an extremely compelling case arguing that corporations are engineering an enclosure of money — transforming it into a completely digital form which they alone will control. In this Conversation, we take a deep dive beneath the surface of the global financial system to explore the technical and political differences between various forms of money, why corporations are attacking physical cash and plotting to completely replace it with digital money, who will really benefit from a cashless society, and why the fight for ownership of our digital footprints is one of the most pressing battles of our time. Thank you to The Pixies for the intermission music. Upstream theme music was composed by Robert Raymond. Support for this episode was provided by the Guerrilla Foundation and by listeners like you. Upstream is a labor of love — we couldn't keep this project going without the generosity of our listeners and fans. Please consider chipping in a one-time or recurring donation at www.upstreampodcast.org/support Also, if your organization wants to sponsor one of our upcoming episodes, we have a number of sponsorship packages available. Find out more at upstreampodcast.org/sponsorship For more from Upstream, visit www.upstreampodcast.org and follow us on social media: twitter.com/UpstreamPodcast Instagram.com/upstreampodcast You can also subscribe to us on Apple Podcast and Spotify: Apple Podcasts: apple.co/3bW70wR Spotify: spoti.fi/2AryXHs
Brett Scott joins Money on the Left to discuss his recently published book Cloudmoney: Cash, Cards, Crypto, and the War for our Wallets (Harper-Collins 2022). A committed advocate for financial heterodoxy, Scott grounds his perspicuous critique of “cloudmoney”--the conjoined efforts and outcomes of Big Finance and Big Tech's drive to go “cashless”-- in his anthropological training and work as financial derivatives trader in the midst of the 2008 financial crisis.Through our conversation we explore the possibilities and limitations of different metaphoric frameworks for understanding money, paying special attention to the pitfalls of figuring money as blood-like fluidity. Scott's own comparison of financial operations with the functioning of the central nervous system prompts further discussion of the temporal and physical realities of modern money. We also discuss how awareness of the principles of monetary design clarifies the need for physical cash and the perils of privatized and surveilled forms of digital money.Visit our Patreon page here: https://www.patreon.com/MoLsuperstructureMusic by Nahneen Kula: www.nahneenkula.com
In the first podcast of 2022, we look at the big changes coming for your wallet this year, including tax tweaks, certain £50 notes becoming obsolete, and rising train fares. Laith Khalaf is on to discuss what happened with the markets over the Christmas period, and he also discusses the world's first $3 TRILLION company. Tom Selby joins us to talk potential changes to when we can collect our old-age pension. And although fund managers are always keen to talk about their success stories, Tom Sieber talks to some about the investments that didn't go to plan for them in 2021, including James Henderson and Murray Income manager Charles Luke.
An explosive video emerges of a Marine demanding accountability for the Biden Afghanistan disaster. In this episode, I address the fallout, and the latest disturbing Big Tech purge. News Picks: CDC spends millions of taxpayers dollars on the gun health threat. There are shortages throughout the economy, and it may get worse. The Big Tech, Big Finance communists spent the weekend crushing dissent and free speech. Rockets fired at the Kabul airport as Biden's withdrawal continues to put Americans in danger. Lt. Col Stuart Scheller has been relieved of his command. The rise of Rumble! This is the website that lists the deaths per capital from covid, by state. Copyright Bongino Inc All Rights Reserved
Letzte Woche schrieb ich ahnungsvoll, dass „sich WEF, WHO, IWF & Co an(schicken), Strukturen zu bilden, die vollkommen oberhalb jeglicher Staatlichkeit agieren, womit sich künftig die „politische“ Macht mit Hilfe und Duldung des polit-medialen Komplexes noch mehr in Richtung der Großkonzerne (Big Pharma , Big Tech , Big Finance und Big Four ) verschieben wird“. Kaum gedruckt und schon Wirklichkeit: „Weltwirtschaftsforum (WEF) will ‚Fehlinformationen‘ über Gesundheit und Impfstoffe zensieren“ Ein Artikel von Uwe Kranz Gesprochen von: Oliver Ratzke © www.hallo-meinung.de
Twenty percent of LGBTQ+ people say they are “much worse off” financially because of the pandemic, compared with only 11 percent of the general population. Hadassah Damien, queer femme writer, digital technologist, and financial strategist joins us to provide actionable tips for the LGBTQ+ community to take control of their finances today. Damien grew up in a single-parent household where she experienced financial challenges. She entered adulthood believing money was unattainable. But as Damien embraced nonprofits, community art, archiving and #vanlife in her 20s, she taught herself personal finance basics — and put herself through grad school. When Damien left the corporate world after the 2008 financial crisis, she focused on how she could help other artists learn to manage their finances and found people she could help as a financial coach. Damien candidly speaks about the challenges those in the LGBTQ+ community face when it comes to money, and provides some suggestions on what they can do, one step at a time, on this episode of SheVentures.
BlackRock, the world's largest asset management firm, is buying up whole neighborhoods of single-family homes. Why? To make sure you'll be paying them rent for life instead of owning your own home. Meanwhile, other financial institutions are desperately trying to strangle cryptocurrencies in the cradle and protect the current balance of power. Plus: Kamala Harris visited Guatemala—and bombed. Our editors analyze the situation.
Single White Medusa and Nick break down Big Finance's Power Grab for Real Estate, it was the most fair election ever (but it actually wasn't), and Thomas Edison. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit nickcole.substack.com/subscribe
In this fifth episode of Chasing Capital, I chat with Streamlined Ventures's Nicky Kamra on a wide variety of topics like the importance of real ML insight vs good marketing, choosing a job that aligns with your natural abilities and enjoyments, and the benefits of joining tech right after college vs traditional Finance & co.
We live in a time of crisis and catastrophe - and it goes much further than COVID-19. Capitalism is driving the world to the edge, as ever more concentrated ownership, major corporations and Big Finance put profit before human comfort, happiness and even existence. Is the climate emergency going to doom us all?I'm joined by two brilliant guests - Mathew Lawrence and Laurie Laybourn-Langton, the authors of the new book 'Planet on Fire' - which sets out a new vision for the world, reimagining production, consumption, exchange, work and leisure, "based on principles of equality, deep freedom, solidarity, sustainability and democracy."Also - how the Bristol's police's claims of serious injuries collapsed, and what that means.If you're feeling downbeat about everything, this is for you!Help us take on the right-wing media: https://patreon.com/owenjones84Support this show http://supporter.acast.com/the-owen-jones-podcast. See acast.com/privacy for privacy and opt-out information.
Welcome to Episode 16. Conor and Luke Nerd out on Zelda Breathe of the Wild and Metal Gear Solid and talk about wtf happened with gamestop stock! Some Crazy redittors and internets going after BIG FINANCE. We touch on YouTube implementing clips and how Twitch should be scared! Also we fill you in on the actual new PS PLUS Games for February 2021 and kinda trail off at the end, lol. Dear Downloads is your new PC and PLAYSTATION gaming and TECH podcast! ------ show notes ------ Recent News: Shayne - Shaynestation modded mini genesis + crusader of centy / Video / research: sega genesis classics 50 games on switch!! https://genesisclassics.sega.com YouTube clips function… lookout Twitch! Kotar - new is that it is in production I've been hearing rumbling that a mgs remake is in production from bluepoint games based off of a post that they made on HW - this kinda goes with the konami reorganization rumors this week - they are not killing off their games division despite tons of rumors Little off on a PS+ games - https://www.polygon.com/2021/1/27/22252451/playstation-plus-february-2021-free-games-list-dates?utm_campaign=polygon&utm_content=chorus&utm_medium=social&utm_source=twitter Control Concrete genie Destruction allstars GAMESTOP Told you game stop sucks - https://www.bloomberg.com/news/articles/2021-01-27/redditor-revolt-propels-game-reseller-largely-loathed-by-gamers Future of Brick n Mortar stores? also how gamestop is starting to stock streaming gear) lulz + GAME WIZARDS + BOOKMANS -Buy digital Games Vs Physical games - like this LR Im sending my xbox elite 2 control to MS - they have expanded their warranty period to 1 year so i can get my stick drift fixed - woop woop Notes - the hitman 3 credits are some of the coolest i've ever seen - there design is great + your able to move back in forth with them - also the game has a surprisingly small staff - hell half of it is VA work - very interesting Oh man movies - https://lifehacker.com/19-postponed-movies-you-forgot-to-be-excited-about-in-2-1846128038/slides/12 ----- thank you ------ If you have any questions or any thoughts for a new episode topic or game/tech related things we can talk about… you can write us on twitter https://Twitter.com/deardownloads thank you all for listening and we will see you next week, buh bye… Originally published on 02/02/2021 available for audio on all major podcast distributors
As the bizarre nature of 2021 continues to confound the world—the financial, tech, and media industries are in a state of MASSIVE disruption! Game Stonk is the latest in a series of extraordinary events that are shaking the very foundation of what we thought was possible. Join the conversation as we dig into these new phenomena and discuss how to maintain perspective in the age of insanity.
Research professor Dr. Miklos Lukacs discusses academic freedom and the roots of technocracy or techno-feudalism. This system is going global and China’s “Social Credit” score forms only part of the picture. In the West, partners include Big Tech, Big Finance, Big Pharma, and their meeting points (e.g. World Economic Forum, Bilderberg). He takes a closer […]
Between The Lines Radio Newsmagazine (Broadcast-affiliate version)
• University of California's Dr. James G. Kahn: Columbia University Study Finds Trump Delay in Social Distancing Cost Tens of Thousands of Lives• Center For International Policy's Mel Goodman: Corporate Media Gives Trump Platform for His Lies and Conspiracy Theories• Connecticut activists Sarah Miller & Kiana Flores: Coalition Pressures Tax-Exempt Yale University to Contribute to its Economically Challenged Host City• Bob Nixon's Under-reported News Summary- China shreds 'one country, one system' promise to Hong Kong- Deadly Rio de Janeiro's police violence hits record high- Pandemic pits farmers, consumers against Big Finance
Today's News:Bitcoin price appears trapped in a range between roughly $8,500 and $8,800,Vodafone is the latest big partner to redirect efforts away from Facebook's proposed Libra projectThe Blockchain Association files a brief in support of embattled Telegram as it faces off with the SECMore allegations of fraud and enforcement action from the SEC, this time focused on Opporty InternationalSquare is building a new set of solutions to make it easier to integrate bitcoin and lightning network paymentsTaiwanese startup Numbers took an investment from BinanceBig Tech and Big Finance join with Hyperledger to form the "Hyperledger Climate Action and Accounting Special Interest Group"
Impeachment hearings begin. Elizabeth Warren trolls billionaires. Also this week, the Southern Poverty Law Center released a report on racist, white nationalist emails from senior White House policy advisor Stephen Miller. After Delany disappeared from Presidential race, Deval Patrick, jumps into the Democratic primary to represent the Big Finance wing of the party. Significant areas of Venice, including major tourist sites, damaged in historic flooding. Over six feet of water inundated the city. The Veneto Regional council, located on Venice’s Grand Canal, was flooded for the first time in history, literally moments after officials rejected a proposal to combat climate change. State Auditor General, Eugene DePasquale, released a report showing that Pennsylvania has already incurred $261 million in costs related to severe weather connected to climate change. DePasquale said that the state’s plan to mitigate the effects of climate change or address its role in worsening the problem is seriously lacking. “Pennsylvania is the nation’s fourth-largest contributor of greenhouse gases,” he said. “We can and must do better.” The Associated Press is reporting that the FBI has begun a corruption investigation into how Gov. Tom Wolf’s administration came to issue permits for construction on a multibillion-dollar pipeline project to carry highly volatile natural gas liquids across Pennsylvania. Jake Corman releases a $9.50 minimum wage plan in a push to have a minimum wage deal reached by the end of the year. Ok, boomer. Harrisburg University makes it into The Atlantic for its big varsity program in...wait for it...eSports. Heads up vapers....after performing a double-lung transplant on a teen vaper, a surgeon says it’s an “Evil I haven’t faced before.” Right to Know docs are in. China successfully tests a Mars lander, bring their ambitions visit Mars in 2020. Scientists have found a superfast star speeding away from our galaxy after being ejected from the black hole at the center of the Milky Way. NASA opens up last untouched Apollo Moon Rock Sample. Free Will is releasing the first beer in a new sour line tomorrow with Lavish: Apricot Guava Coconut - Sour Ale brewed with apricot purée, guava purée, coconut, milk sugar, and a touch of sea salt. Get ready for Black Friday at Free Will. It’s the annual release of Ella and Ralphius. Tonight’s the “Grand Illumination Celebration” at Peddler’s Villiage.
Businesses and individuals need to derisk big tech
Made in China Podcast: International Business | Crowdfunding | Entrepreneurship
In this week’s episode, Rico chats with Roe And Evan from Brutal Buddha who started in big finance in Hong Kong but then share how they shifted and are now launching a men’s yoga pants brand. Let’s have a listen to these inspiring Entrepreneurs.Topics incl:How Roe and Evan came to HKWhat inspired the Entrepreneurship journeyStarting Brutal BuddhaWhy The Yoga NicheCampaign LaunchCustomer DiscoveryResources Listed As Mentioned:Source Find Asia Youtube ChannelBrutal Buddha WebsiteTony Robbins Master The GameThe Hard Thing About Hard ThingsMan’s Search For Meaning BookShoe Dog BookAlibaba The House That Jack Ma Build BookMadison's InstagramBrutal Buddha FacebookBrutal Buddha InstagramBrutal Buddha CalendlyMan Flow YogaMan Flow Yoga YoutubeEmail: team@brutalbuddhagear.com
In this episode of Fintech Unfiltered, we sit down with Stephen Corliss, CEO of the social investment startup Huddl. Corliss climbed to senior management positions at big financial firms like UBS and Blackrock before pivoting into the startup world. Bank Innovation talked to Corliss about the transition and what he brings to the table coming from big finance.
In this episode of Fintech Unfiltered, we sit down with Stephen Corliss, CEO of the social investment startup Huddl. Corliss climbed to senior management positions at big financial firms like UBS and Blackrock before pivoting into the startup world. Bank Innovation talked to Corliss about the transition and what he brings to the table coming from big finance.
This week, I spoke to Matt Taibbi, contributing editor to Rolling Stone, journalistic heir to Hunter S. Thompson, and author of serial novel The Business Secrets of Drug Dealing: Adventures of the Unidentified Black Male (published on Substack).I started the discussion by asking Taibbi about his views of the current state of the dopamine-driven attention economy, where loudmouths and outrage merchants are outcompeting journalists to drive popular narratives. “You’re just constantly checking and checking and checking, and it’s this anxiety generating behavior pattern that pushes people to places that they’ve never been before in the media.”Indeed, in late 2017 Taibbi was caught up in a social media-driven storm that tainted his reputation. After some satirical and highly objectionable passages from a 2000 book Taibbi co-authored with Mark Ames in Russia were circulated on Twitter, Taibbi was branded a misogynist and lumped in with Harvey Weinstein as a #MeToo offender. While Taibbi’s former female colleagues have defended him and some publications have issued corrections, the damage was done. Taibbi discusses the fall-out and his regrets at length in this interview.“Once the genie’s out of the bottle, it just never goes back in. And once something’s on the internet, it’s like a social disease—it just never goes away. It was a devastating experience and it was also a very chastening experience.”Taibbi has continued to write for the Rolling Stone, building on his reputation as a reporter who excoriates political grift, shines a light on America’s darkest policies, and holds Big Finance to account (he famously described Goldman Sachs as “a great vampire squid wrapped around the face of humanity”). Here, he talks about his career, how he sees the mission of the journalist, and his fears about the slippery slope of state-sponsored censorship. He also tells the behind-the-scenes story of what really happened to Racket, the Pierre Omidyar-funded publication that never was.Taibbi is one of the most fascinating figures in contemporary American media and this interview is packed with personal reflection, insight, and little flecks of optimism. I hope you’ll find it worthwhile.—Hamish Get on the email list at on.substack.com
Dan interviews journalist David Dayen on President Trump's financial policy. Despite espousing white populist rhetoric on the campaign trail, Donald Trump has stacked his administration with Big Finance elites. Dodd-Frank is on the chopping block and Wall Street is set to deepen its predatory financial practices. Thanks to our advertisers at The Nation! Get a deal on magazine subscription at thenation.com/dig and find their podcast at https://www.thenation.com/authors/start-making-sense/
The TPP is What Plutocracy Looks Like by MFlowers As President Obama completes his final term in office, his administration is working closely with Big Business and Big Finance to sneak the Trans-Pacific Partnership (TPP) through Congress during the lame duck session after the November election. The TPP is an international agreement that was negotiated in secret with the help of hundreds of corporate advisers. If ratified, it will rig the political system even more to benefit multinational corporations at the expense of our sovereignty and our ability to protect our communities and the planet. Bill Waren of Friends of the Earth will join us to discuss the close ties between the financial industry and the office of the US Trade Representative and why it is critical that we stop the TPP. Gillian Locascio of the Washington Fair Trade Coalition will speak with us about how people are organizing to stop the TPP. Relevant articles and websites: The Wall Street revolving door and the US Trade Representative by Bill Waren Money Merry-Go-Round: Emails show how Wall Street Execs and Alums Crafted Trade Bill by Kathy Kiely Official Report on the TPP: Almost No Measurable Value by Stan Sorscher Friends of the Earth Washington Fair Trade FlushtheTPP.org Stop the TPP contingent in the March for a Clean Energy Revolution No Lame Duck Uprising Guests: Bill Waren is a trade policy analyst for Friends of the Earth. He works to protect the environment from the negative impact of international trade and investment agreements. Bill contributes to the policy discussion about trade and environment issues as they arise in community forums, the U.S. congressional debate, the federal agency process, international negotiations, and litigation before international trade and investment tribunals. Prior to joining Friends of the Earth, Bill worked at the Forum on Democracy & Trade and its sister organization, the Harrison Institute for Public Law at Georgetown University. Earlier in his career, Bill served as federal affairs counsel for the National Conference of State Legislatures and as a staffer for the Illinois General Assembly. A native of rural, downstate Illinois, Bill is a graduate of the University of Illinois and Duke Law School. Gillian Locascio is the director for the Washington Fair Trade Coalition, a group of 66 labor, faith, environmental, student, public health, social justice organizations, fair trade businesses and cooperatives in Washington State that are committed to creating a fair, balanced, and sustainable global trading system. Prior to joining the coalition, she worked extensively in the United States and Latin America as a community health and human rights advocate, where she watched both CAFTA and the Panama Free Trade agreement go into effect.
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
As President Obama completes his final term in office, his administration is working closely with Big Business and Big Finance to sneak the Trans-Pacific Partnership (TPP) through Congress during the lame duck session after the November election. The TPP is an international agreement that was negotiated in secret with the help of hundreds of corporate advisers. If ratified, it will rig the political system even more to benefit multinational corporations at the expense of our sovereignty and our ability to protect our communities and the planet. Bill Waren of Friends of the Earth will join us to discuss the close ties between the financial industry and the office of the US Trade Representative and why it is critical that we stop the TPP. Gillian Locascio of the Washington Fair Trade Coalition will speak with us about how people are organizing to stop the TPP. For more information, visit www.ClearingtheFOGRadio.org.
Self Directed Investor Talk: Alternative Asset Investing through Self-Directed IRA's & Solo 401k's
Contempt, Whistleblowers and Wall Street. Today you learn just how far the scumbags on Wall Street will go to line their own pockets at your expense, and it's DISGUSTING. Get ready for more evidence that the men and women of "BIG FINANCE" absolutely loathe you. I'm Bryan Ellis. This is Episode 138.------Hello, SDI Nation. Welcome to the podcast of record for savvy, self-directed investors like you!Today, you hear a story that's disgusting, but very illustrative. I hope you'll not just take this story as an anecdote, but as a motivator to action. Because my friends, though this story is about the contempt that drives one single person, if he gets what he wants, it will have a very direct and very negatve impact on millions of people-quite certainly including many, many listeners to this show.Today's story is one of contempt and greed. Allow me to set the stage.Back in 2006, Congress authorized the creation of a Whistleblower Office within the IRS. The idea was simple - to motivate people to identify others thought to be engaged in tax fraud, with the motivation of receiving a percentage of the taxes collected as a result. Yep, a formal "snitching" program. Classy, huh? But the IRS was really only after the "big fish", because the reward only applies if there's potential for collecting more than $2,000,000.And, like everything else the government does, this program is wildly inefficient. For example, in 2012, 8,634 people snitched on their employers, their competitors, their neighbors and their friends. How many of those cases resulted in collecting $2,000,000 or more? 12. Yep, 12. Not even 1% of the cases reported by snitches resulted in achieving the ojective of the program. Barely 1% of 1%, actually.Yes, the IRS Whistleblower program connects to Wall Street's loathing for you. Hang with me.Another piece of this tale is the mutual fund company Vanguard. This is where the story will connect to many of you, my dear listeners.Vanguard is a very highly reputable mutual fund company that has achieved some impressive operational efficiencies. As a result, the fees they charge clients of their mutual funds are far less than their competitors. In fact, their average expense ratio is, depending on whose stats you're looking at, somewhere between 60 and 85% less than the industry average. And despite this, their mutual funds are competitive in terms of returns.As a result, Vanguard has become a very large company and is a favorite of individual investors who want to keep their expenses low.So what's the problem?A guy named David Danon used to work for Vanguard. Danon is a lawyer. And Danon chose to use the information to which he had access while acting as a lawyer for Vanguard to report them to the IRS for underpayment of taxes.I want that to sink in for just a moment. Let's set aside, for a moment, whether Vanguard actually underpaid taxes. I want you to focus on the fact that Danon, an attorney for Vanguard who continued to work for them while he was preparing this Whistelblower claim, an attorney who is bound by attorney-client confidentiality, nevertheless reported his client to the IRS... not out of the goodness of his heart, but because he expects to be paid a percentage of the revenue the IRS may attempt to collect.That, my friends, is disgusting.But why does Danon allege an underpayment of taxes? This gets to the point of contempt for YOU. As in all lawsuits, the devil is in the details, but in this one specifically, the general idea is this: Danon alleges that because Vanguard charges lower fees to it's clients than it's competitors, that it therefore made less profit than it should. And therefore, Danon suggests, Vanguard should be taxed on the fees it SHOULD HAVE charged.That's right, folks, Vanguard is being accused of being a tax cheat essentially because they could have made more profit than they actually did. They didn't rip you off like all of their competitors, and this guy Danon - a Wall Street guy - wants them to pay for it.And, if he wins in this effort, Vanguard will pay... but more importantly, YOU will pay.The bottom line: This guy Danon, a Wall Street insider to be sure, is doing just the same as his industry does: Putting his own interests far ahead of that of clients like YOU.This isn't a small deal. My reading of this situation suggests that there's a tax bill of nearly $35 BILLION at stake for Vanguard, should they lose. And who will pay that? You. Not just You if you're a Vanguard customer. You if you're invested in Wall Street at all. Because after Vanguard's low pricing model goes, there will be no real competitive restraint to even higher fees.At the end of the day, the real issue is confiscatory taxation that’s weaponized against taxpayers in the form of a Whistleblower program that is proven to be astoundingly inefficient. But you can’t do much about that, other than by voting for politicians who believe, correctly, that taxes are far too high.But what you CAN do – what you SHOULD do – is to stop merely CONSIDERING shifting your assets out of the stock market and into an asset class that actually MAKES SENSE. You need to actually TAKE ACTION!To that end, I’ve got some great news. In the coming week, I’ll have a lot more to share with you about some TRULY worthwhile assets… some very attractive cash flowing rental properties that you can purchase in strong markets, with guaranteed rental income, built-in property management and at below-retail pricing! We’re at an advanced stage in working to acquire a great portfolio of cash-flow producing rental property, and I’ve got to tell you… this one is exciting. If you’re considering the purchase of rental property in the near future – or particularly if you’re seriously considering another property right this moment – I respectfully suggest you consider waiting until next week when you hear what I have to share with you. You’ll be very, very glad you did.I’ll announce more about that on this show when the details are confirmed, but as always, the best way to make sure you get the most timely notice of great opportunities is to be on my TOP PICKS notification list. To get on that list, at no cost, just text the word TOPPICKS with no spaces to 33444. Again, text the word TOPPICKS to 33444. It’s spelled TOPPICKS with no spaces.Well, my friends, I’m off to spend a day with daughter at a college interview she’s been invited to attend. I hope you have a great weekend, and be sure to join me on Monday because on that day, I’m going to tell you about that magical world of hedge funds and private placements that have always been the exclusive domain of the very wealthy… and I’ll show you how YOU can get access to that world, as well… even if you’re not exactly Bill Gates. But the only way to get it for sure is to SUBSCRIBE to this show on iTunes or Stitcher, so be sure to do that right now!In the mean time, folks: Invest wisely today, and live well forever! See acast.com/privacy for privacy and opt-out information.
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
The artificial inflation of the housing market, predatory lending practices and fraudulent behavior by Big Finance which created the collapse of the housing market and epidemic of evictions, calls into question whether housing is a commodity that should be subject to the whims of the market or a human right that is not commodified. We explore ways that people are creating permanently affordable housing in their communities and taking on the Big Banks to hold them accountable, prevent foreclosure and strengthen their local economies. Our guests are Michael Carlson, former director of the Madison Area Community Land Trust and now the maintenance director for the Madison Cooperative Community, and Nancie Koerber of Project REconomy in Oregon. For more information, visit ClearingtheFOGRadio.org.
Peter Day presents a debate about disrupting big finance at the annual Skoll World Forum.
Clearing the FOG with co-hosts Margaret Flowers and Kevin Zeese
Bill Black, associate professor of economics and law and leading investigator of financial fraud, discusses the rampant fraud and corruption in the financial system, the misguided response to the financial crisis by the government and solutions that would bring greater accountability and stability to the economy. Then Ellen Brown, chair and president of the Public Banking Institute, joins us to talk about the new Cypriot model of seizing depositor’s funds to bail out banks, whether that could happen in the US and the advantages of public banking. For more information, visit ClearingtheFOGRadio.org.
How did Big Finance grow so powerful that its hijinks nearly brought down the global economy – and what hope is there for real reform with Washington politicians on Wall Street's payroll? Bill Moyers talks with authors Simon Johnson and James Kwak, two of the nation's most respected economic experts and authors of the new book 13 BANKERS: THE WALL STREET TAKEOVER AND THE NEXT FINANCIAL MELTDOWN. Also, a Bill Moyers essay on the true costs of war.
How did Big Finance grow so powerful that its hijinks nearly brought down the global economy – and what hope is there for real reform with Washington politicians on Wall Street's payroll? Bill Moyers talks with authors Simon Johnson and James Kwak, two of the nation's most respected economic experts and authors of the new book 13 BANKERS: THE WALL STREET TAKEOVER AND THE NEXT FINANCIAL MELTDOWN. Also, a Bill Moyers essay on the true costs of war.
How did Big Finance grow so powerful that its hijinks nearly brought down the global economy – and what hope is there for real reform with Washington politicians on Wall Street's payroll? Bill Moyers talks with authors Simon Johnson and James Kwak, two of the nation's most respected economic experts and authors of the new book 13 BANKERS: THE WALL STREET TAKEOVER AND THE NEXT FINANCIAL MELTDOWN. Also, a Bill Moyers essay on the true costs of war.