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  • devil21's Avatar
    Yesterday, 07:06 PM
    Makes me wonder if all the stay-at-home orders are only to provide legal justification for declaring any public gathering, like a mass protest, an 'unlawful assembly'. Most bank lobbies are closed. /tinfoil
    5 replies | 176 view(s)
  • devil21's Avatar
    Yesterday, 06:50 PM
    ^^^^^^ biggest wealth transfer in history, that's all. The "money" is/was directed away out of the dying host and into the next hosts. Very relevant scene, especially starting at 2:17 mark
    13 replies | 1294 view(s)
  • devil21's Avatar
    Yesterday, 06:14 PM
    Ding ding ding. What do I win? The article claims the Treasury ends up taking back all the Treasuries as bagholder and that may happen (I said the Fed would be ultimate bagholder) but close enough for government work. Ashes to ashes, dust to dust. The shit was never real in the first place. https://finance.yahoo.com/news/feds-cure-risks-being-worse-110052807.html Fwiw, it don't agree with the author's belief that stocks markets will ramp in response. These various debt instruments, that the Fed is buying, that are being "repatriated" (and canceled out) were the basis of much of the point values of the indexes in the first place, especially since probably 2001, along with general currency in circulation. Basic accounting says those entries have to be zero'ed out to balance the books and the associated points on the indexes removed also. Hence also the push to remove FRN cash from circulation as much as practical. They are liabilities that originated from Treasuries.
    107 replies | 8143 view(s)
  • devil21's Avatar
    03-25-2020, 04:23 PM
    Rumors of official COMEX default being announced soon. COMEX has been essentially in default for months already but I guess it's almost time to lift the veil of bs.
    29 replies | 874 view(s)
  • devil21's Avatar
    03-25-2020, 08:11 AM
    We all should stop arguing about the Orange Man and start businesses selling mops to Congress. The only real way to succeed financially these days is to find a way to suck from Uncle Sugar's teet somehow.
    13 replies | 588 view(s)
  • devil21's Avatar
    03-25-2020, 07:59 AM
    Based on Landon's post, it's not much different than the current banking structure (pro-rata pooled assets under trusts, each customer assigned an account/wallet number) except it's the next step toward cashless and privacyless imaginary money and the balance is held at the Fed, instead of with the member bank itself. Member banks become merely storefronts of the "new" Fed. No bank runs, no failing member banks, all digital, all centrally tracked, all centrally maintained and controlled by the "new" Fed. Presumably, the NSA will have direct access to all info in a central location, probably the giant data center in Utah.
    22 replies | 766 view(s)
  • devil21's Avatar
    03-25-2020, 07:26 AM
    The big boys get no-strings handouts while the little guy still has to schlep over to the banker for an interest-bearing loan of money the bank creates out of thin air. CNBC interviewed Bernanke this morning and he said (lightly paraphrased) "The Fed doesn't have the ability to assess payments to barber shops and nail salons, so the Fed will funnel money to the banks so the banks can issue credit to them."
    88 replies | 1212 view(s)
  • devil21's Avatar
    03-25-2020, 07:24 AM
    Charlotte's lockdown order actually specifically exempts gun stores from shutdown, citing security needs, and Charlotte's government is almost entirely Democrat even.
    23 replies | 582 view(s)
  • devil21's Avatar
    03-25-2020, 07:13 AM
    CNBC just covered a few of the points. Looks like the payroll tax cut Trump promised is NOT going to apply to workers, only employers -and- the cut will be recouped in following tax years. Any direct payments to people are to be offset against any tax refunds in future tax years, a la Obamacare mandate tax where the tax came out of any refund owed to filer. Another was that no businesses associated with Trump are eligible for Treasury relief. I assume there's a mad dash on to change the legal structure of Trump family businesses to avoid that connection. Moral of story is: No free stuff and no relief, slaves. Gov'ts shut everyone down by mandate but still want their cut later, come hell or high water.
    13 replies | 588 view(s)
  • devil21's Avatar
    03-25-2020, 07:03 AM
    You were neg repped because you do nothing but shill for the Orange Socialist, that's all. You better start cranking out the propaganda faster since most of your compadres have been shown the door recently.
    23 replies | 776 view(s)
  • devil21's Avatar
    03-24-2020, 03:54 PM
    Here's a direct link to the "Stay At Home" order just issued by Mecklenburg Co/Charlotte NC. I figure this is what most of the orders look like everywhere and since I assume you're in NC also, your area and/or the state's as a whole would be very similar. https://www.mecknc.gov/news/Documents/Mecklenburg%20County%20Stay%20at%20Home%20Orders.pdf I don't have an answer to your particular question but it seems unlikely that purchasing a video game while at the same "essential location" would be actionable.
    14 replies | 299 view(s)
  • devil21's Avatar
    03-24-2020, 03:36 PM
    That's a deep topic but suffice it to say that the "Jews" are historically just the money-changers of Rome (good with numbers and money, a natural fit, and an easy scapegoat). Having said that, all influential sectors, including the Vatican, have been infiltrated and, over the years, taken over by a certain sect of "Jews" (though they take on whatever local customs and/or religion is necessary to carry out said infiltration) known as Sabbateans. Interesting but very complicated topic.
    22 replies | 766 view(s)
  • devil21's Avatar
    03-24-2020, 03:28 PM
    Completely planned. Just waaaaaay too many pieces falling into place under this virus crisis to be coincidental.
    20 replies | 1770 view(s)
  • devil21's Avatar
    03-23-2020, 10:52 PM
    Really, who is still talking about tariffs now? There's a big part of me that wants to rub Zip's, Swordy's and other noses in this turn of "news" but they're gone....so whatevs. Treasuries are backed entirely by the working stiff's ability to pay interest to the bankers on debts, that's it. No worky=no taxy=no value.
    107 replies | 8143 view(s)
  • devil21's Avatar
    03-23-2020, 09:35 PM
    fun thread to review. fed still pledging to prop up tesla via outright corporate bond buying while 401ks crash into nothingness.
    107 replies | 8143 view(s)
  • devil21's Avatar
    03-23-2020, 08:57 PM
    Weird that we're talking about bailouts when bail-ins were legalized not long ago. Diversion perhaps? Bank branches have shut down the front doors.... hmm Pull cash now.
    88 replies | 1212 view(s)
  • devil21's Avatar
    03-23-2020, 08:52 PM
    There's a 30 min video compilation floating around of all of the MASSIVE light tan military vehicle loads (National Guard) being carted around on rail right now. I saw one myself a few weeks ago and heard one a few nights ago. 15-20 minute constant trains are NOT Normal around here. I think there's a Jade Helm thread around here somewhere also...
    10 replies | 313 view(s)
  • devil21's Avatar
    03-23-2020, 08:19 PM
    I thought Zippy was banned?
    88 replies | 1212 view(s)
  • devil21's Avatar
    03-23-2020, 08:12 PM
    That's a bit of a turn from Garrison's recent Trumphumping. ---------------------------------------- Oh no! Not the outrageous fighting!
    14 replies | 545 view(s)
  • devil21's Avatar
    03-23-2020, 08:07 PM
    "Digital ID" is about globalizing the Vatican's Cestui Que trust-based false ALL CAPS NAME system, where everything and everyone is owned by the Vatican's trust (IN GOD WE TRUST doesn't mean what the sheep think it does). Digital is easier to manage. Some Pope thousands of years ago declared by papal bull that he owned everything and everyone as the living representative of God. This is how it is being implemented, after many years of conquest. Trustees are the title holders of all assets under the trust that the trustee administers.
    22 replies | 766 view(s)
  • devil21's Avatar
    03-23-2020, 07:55 PM
    http://www.ronpaulforums.com/showthread.php?543210-World-Economic-Forum-debuts-Central-Bank-Digital-Currency-framework
    22 replies | 766 view(s)
  • devil21's Avatar
    03-23-2020, 07:48 PM
    Best vid comment is "Apologize to a conspiracy theorist today!"
    10 replies | 313 view(s)
  • devil21's Avatar
    03-23-2020, 04:34 PM
    Of course Congress is going to cram all kinds of Agenda 2030 legislation into this "emergency" bill. They always do. And it's not just the "left" that's doing it. Trump has plainly stated that "viable businesses" will be supported and not allowed to fail. That's code for Agenda 2030 corps like Tesla and 5G surveillance state hardware providers, among others. Will anyone ever figure out that it's not the "left" doing this? It's the UN. Congress just takes orders from the UN globalists, just like Congress and Trump did when they signed off on the USMCA not long ago. But sure keep blaming the "left". That's what gives Trump and the GOP cover as they pass all of it.
    23 replies | 776 view(s)
  • devil21's Avatar
    03-23-2020, 04:31 PM
    No offense OP, but didn't you admit that you played this crash badly and your stocks are in the toilet now? I imagine a $6t stimulus would boost your stock portfolio enough in the short term to maybe dump them off on someone else. Sounds like you're talkin' your book a bit here...
    88 replies | 1212 view(s)
  • devil21's Avatar
    03-23-2020, 03:55 PM
    Actually, the Fed already announced they'll take stocks as "collateral" for repos from primary dealers. So no the Fed isn't officially buying right off the exchanges but may as well be. I can't imagine there's much of an organic bid side in the markets right now so the Fed promising to take stocks from the PDs making the markets (likely using mark-to-fantasy valuations) basically backstops the bid side and prevents the bottom falling out from "no bid". That's assuming the Fed doesn't hold full title (Fed already owns all shares via the DTC, as trustee) all of their shares by the time this all shakes out.
    21 replies | 547 view(s)
  • devil21's Avatar
    03-23-2020, 06:58 AM
    The takeaway from the Fed's new Buy All Teh Thingz programs is that the Fed will directly finance the remaining Agenda 2030 programs (construction, mainly) since most cities can't support the taxes required to finance them anymore because of shutdowns and also financing the associated A2030 companies (electric cars, etc) via buying their corporate debt outright, since their stock values are plummeting and would otherwise be exposed as the insolvent zombie companies that they are.
    7 replies | 403 view(s)
  • devil21's Avatar
    03-23-2020, 06:31 AM
    3-23-20 I started this thread 11 years ago. The thread title is close to being fulfilled. Fed promises QE∞ to buy everything forever and melt the FRN dollar. https://www.cnbc.com/2020/03/23/fed-announces-a-slew-of-new-programs-to-help-markets-including-open-ended-asset-purchases.html
    93 replies | 17431 view(s)
  • devil21's Avatar
    03-23-2020, 06:25 AM
    Nothing that the Fed pledging to melt the FRN dollar can't fix. Futures completely turned from limit down to major green in a couple hours on a pre-market Fed announcement that it will buy everything forever.
    21 replies | 547 view(s)
  • devil21's Avatar
    03-20-2020, 02:54 PM
    devil21 replied to a thread Black Friday? in Economy & Markets
    I'm stickin' with my story. eta: Warlord - CNBC just announced the first major hedge fund default and liquidation.
    121 replies | 5076 view(s)
  • devil21's Avatar
    03-20-2020, 02:47 PM
    I don't feel any peril since I'm not easily manipulated by emotional triggers like racial identity fear.
    97 replies | 2128 view(s)
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