✪ President Joe Biden on Thursday is announcing the infusion of nearly $36 billion to shore up a financially troubled union pension plan, preventing severe cuts to the retirement incomes of more than 350,000 Teamster workers and retirees across the United States…
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✪ The monitoring of personal behavior by banks will take another step forward as Canadian credit union Vancity launches a new credit card technology to report users’ carbon emissions...
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California Looking To Ban All Gas And Diesel Truck Fleets
✪ The Marxists on the California Air Resources Board are looking to ban all gas and diesel trucks. It is unclear how California will charge all of these vehicles when they can’t even keep the lights on during heatwaves and days with gusty winds.There is no infrastructure which supports this plan…
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✪ The FTX Bitcoin empire of 30-year-old CEO Sam Bankman-Fried is in shambles. Or more specifically, his “dumb game” cryptocurrency exchange has destroyed thousands of lives. Electronically, he may have robbed perhaps a million investors, and along with them hundreds of large institutional investors.…
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✪ Members of the country’s largest rail union on Monday rejected a proposed labor contract with freight railroads, resulting in a potential nationwide freight-rail strike amid the holiday season and Congress likely intervening to avert such a shutdown...
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✪ The collapse of FTX and its founder is one of the most spectacular implosions in history. There is no shortage of narratives to mine for interesting article fodder. Celebrities like Tom Brady and his now ex-wife Gisele lost millions to the scam…
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✪ The new CEO of FTX, John Ray, III, revealed several wild and shocking items found in the collapsed company’s bankruptcy filing, which include the founder and former CEO Sam Bankman-Fried lending himself $1 billion, and FTX corporate funds being used to buy personal homes, among other things...
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✪ In 1861, the U.S. government began issuing paper money. Since then, for more than a century and a half, cash has been king. Very soon, however, there will be a new king in town. This king will be known as the digital dollar...
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BlackRock Shares Downgraded Due To The Increasing Political Risks Of ESG Investing
✪ Larry Fink is having a bad year. Some estimates place investments withdrawn from BlackRock, the firm where he is CEO, at nearly $3 billion just from states pulling treasury funds due to Fink’s public political agenda.
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