I am having a difficult time figuring out why this news took so long to come out.
The Clinton election team had the FBI spying on the Trump campaign. Continue reading
The hypocrisy of Jeff Bezos and Howard Schultz is so absolutely delicious.
The blowback Amazon and Starbucks are giving the city of Seattle over a new tax being levied on employers to help fund homelessness programs in the city is classic “do what I say, not what I do”. Continue reading
Well its May Day here in the socialist capital of the US and rest assured New York City Mayor Bill de Blasio will be out in force today at whatever anti-Trump rally he can find.
De Blasio, born Warren Wilhelm Jr., has taken NYC down such a horrendous path with his populist politics — where police officers are no longer allowed to keep order on the streets for fear of being labeled a racist or bully, since they are under constant surveillance with body cameras.
New Yorkers trying to get to work (which is what May Day celebrates– workers) now have to negotiate the streets with emboldened panhandlers aggressively soliciting hand outs as the sidewalks are littered with cardboard signs claiming every type of hard luck from Attention Deficit Disorder to “Need Weed, Not Feed”.
Surely most of these people need help in their lives, but the de Blasio Administration has chosen to “empower” them with their freedom to be homeless instead of providing needed housing and programs.
Also de Blasio when wanting to be considered a “man of the people” during the latest election took his photographer out to ride the subway. However the mayor cleared out the subway car and used staffers as commuter in the shot. Man of the people — as long as they are his people.
If de Blasio is the face of the new Democratic Party (which he certainly believes he is as he travels across the US) then there should be no fear from the right. Since this man’s politics barely play out in the outer boroughs of the city.
He has ambitions, but little practical ability to take his socialist agenda any further than The Bronx on ramp to the George Washington Bridge. The American people would see right through him.
If you think about the Facebook/Cambridge Analytica presidential election scandal and the release of 50 million users data (and trust me it is far more than that) it really is quite pedestrian in the grand scheme of things.
Facebook’s data is what people put out on the web either through original writing or more often through liking or sharing a meme placed by a marketing firm to judge sentiment. Continue reading
I have been following Deutsche Bank and Barclays as bellwethers for the troubled uber banks as global interest rates begin to climb.
I have written much about Deutsche Bank’s troubles with Libor manipulation and the strange circumstances of key executives allegedly taking their own lives.
Well, now I see that Barclays has its own strange circumstances for the bank’s Libor executives final demise. More on this in the future.
Over the last year, DB shares are down -21%, while Barclays is down only 3 percent over the same time frame. But Barclays shares followed DB’s downward trend line until very recently.
Barclays CEO Jes Staley had his pay in 2017 cut by 8.5 percent to $5.39 million, the bank reported Thursday morning. We have not seen DB’s Jon Cryon’s compensation package for 2017.
Staley’s 2016 bonus is still under pending the outcome of the Financial Conduct Authority (FCA) probe into his handling of the whistleblower incident.I am looking into whether one of the strange deaths is connected to this action.
Allegedly Staley ran his own investigation in order to identify the whistleblower.
I’ll be keeping an eye on these two banks to see. But I believe one or both could be this year’s Lehman Bros.
