shoebat--2020-05-31--Report: 70% Of Protesters Are From Out-Of-State Groups

RealClearPolitics.com notes that according to Charlotte Police , 70 % of protesters in the city are from out-of-state individuals and groups brought to the city .
Charlotte-Mecklenburg Fraternal Order of Police spokesman Todd Walther told CNN ’ s Erin Burnett Thursday night that 70 % of those arrested in race riots in that city this week were not locals .
“ This is not Charlotte that ’ s out here , ” he said .
“ These are outside entities that are coming in and causing these problems .
These are not protestors , these are criminals.
” “ I @ @ @ @ @ @ @ , but we ’ ve got the instigators that are coming in from the outside .
They were coming in on buses from out of state .
If you go back and look at some of the arrests that were made last night .
I can about say probably 70 % of those had out-of-state IDs .
They ’ re not coming from Charlotte.
” ( source ) This statement is very interesting , as while it is true that exact numbers are not definitively known , the observation that most protesters are @ @ @ @ @ @ @ leads one to ask if this pattern is reflected in other cities , and to that , the more important question : Who is funding the movement of said protesters and likely , paying the protesters ?
Many people have noted that George Soros and his groups have done this before , and while the entire issue is something that should be looked into with much more specific detail , the fact is that something is clearly not right .
Organic protests are to be expected , and are natural .
Yes , @ @ @ @ @ @ @ organization ” , but this is simply because of local communication .
However , when groups of people- especially by whole bus loads -are being bussed into an area to seemingly demonstrate , one can say clearly that something is wrong , especially if said bussing is not reported or goes significantly under reported , for it is one thing to say publicly that “ people from out of state are coming here ” versus little to no statements about it .
The element of violence adds even more suspicion to it .
@ @ @ @ @ @ @ all of the evidence , there is a lot to suggest that these protests are far from natural , that there are many motives likely working behind the scenes , and that there is a notably ulterior agenda being advanced .
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RealClearPolitics.com notes that according to Charlotte Police, 70% of protesters in the city are from out-of-state individuals and groups brought to the city.
Charlotte-Mecklenburg Fraternal Order of Police spokesman Todd Walther told CNN’s Erin Burnett Thursday night that 70% of those arrested in race riots in that city this week were not locals. “This is not Charlotte that’s out here,” he said. “These are outside entities that are coming in and causing these problems. These are not protestors, these are criminals.” “I’m not saying all the people, but we’ve got the instigators that are coming in from the outside. They were coming in on buses from out of state. If you go back and look at some of the arrests that were made last night. I can about say probably 70% of those had out-of-state IDs. They’re not coming from Charlotte.” (source)
This statement is very interesting, as while it is true that exact numbers are not definitively known, the observation that most protesters are not local in the case of Charlotte leads one to ask if this pattern is reflected in other cities, and to that, the more important question: Who is funding the movement of said protesters and likely, paying the protesters?
Many people have noted that George Soros and his groups have done this before, and while the entire issue is something that should be looked into with much more specific detail, the fact is that something is clearly not right.
Organic protests are to be expected, and are natural. Yes, there will be a level of “organization”, but this is simply because of local communication. However, when groups of people- especially by whole bus loads -are being bussed into an area to seemingly demonstrate, one can say clearly that something is wrong, especially if said bussing is not reported or goes significantly under reported, for it is one thing to say publicly that “people from out of state are coming here” versus little to no statements about it. The element of violence adds even more suspicion to it.
What one can say is that with all of the evidence, there is a lot to suggest that these protests are far from natural, that there are many motives likely working behind the scenes, and that there is a notably ulterior agenda being advanced.
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shoebat--2020-05-31--If “Coronachan” Was Real, She Would Heartily Thank The Current Protesters

On the infamous message board 4Chan , some lovers of anime cartoons took to personalizing the COVID-19 coronavirus soon after it became popular by creating the character of “ Coronachan ” , which are any number of mildly sexually explicit drawings of the virus as a slim , attractive young Asian woman with virus balls in her hair and promising men erotic gratification if she can infect and kill them with COVID-19 .
Pictures for example are below of a few .
Now thankfully there is no such thing as “ Coronachan ” in real life .
However , if @ @ @ @ @ @ @ real , she would be very happy right now , and would extend a hearty thanks to the many protesters .
The Chicago Tribune notes this , as it declares that the massive protests may have the effect of spreading COVID-19 .
The mayor of Atlanta , one of dozens of U.S. cities hit by massive protests , has a message for demonstrators : “ If you were out protesting last night , you probably need to go get a COVID test this week.
” As more beaches , churches , mosques , @ @ @ @ @ @ @ unrest in the United States over repeated racial injustice is raising fears of new coronavirus outbreaks in a country that has more infections and deaths than anywhere else in the world .
And it ’ s not just in the U.S. — London hosted a large anti-racism protest Sunday that certainly violated government social distancing rules .
Atlanta Mayor Keisha Lance Bottoms warned that “ there is still a pandemic in America that ’ s killing black and brown people at higher numbers.
” “ We have two crises that are sandwiched on @ @ @ @ @ @ @ Mayor Jacob Frey said .
Violent protests over the death of George Floyd by police have shaken the country from Minneapolis to New York , from Atlanta to Los Angeles .
Some protests have turned into riots and clashes with police , leaving stores in flames and torched cars in the streets .
City officials ordered overnight curfews to quell the violence .
Floyd , a black man , died May 25 in Minneapolis saying “ I can ’ t breathe ” after a white police officer pressed a knee into his neck @ @ @ @ @ @ @ series of deaths of black men and women at the hands of police in America .
Health experts fear that silent carriers of the virus could unwittingly infect others at protests where people are packed cheek to jowl , many without masks , many chanting , singing or shouting .
The virus is dispersed by microscopic droplets in the air when people cough , sneeze , sing or talk .
“ Whether they ’ re fired up or not , that doesn ’ t prevent them from getting the virus , ” said @ @ @ @ @ @ @ of Public Health Sciences at the University of California , Davis .
The U.S. has seen over 1.7 million infections and nearly 104,000 deaths in the pandemic , which has disproportionately affected racial minorities in a nation that does not have universal health care .
Even the many protesters wearing masks are not guaranteed protection .
The U.S. Centers for Disease Control and Prevention says cloth masks keep infected people from spreading the virus but are not designed to protect wearers from getting it .
( source ) Remember that regardless of the @ @ @ @ @ @ @ .
People are still getting sick .
It is still a threat .
What is a protest ?
It is an event where a lot of people are close together .
It is an ideal environment in which to spread COVID-19 .
How many people have been wearing masks ?
The videos of the protests answer that question .
As a trend for the future , one should expect to see a massive spike in COVID-19 cases for this reason .
Pandemics do not care about politics , race , or place .
@ @ @ @ @ @ @ go where they go and infect who they may , and if conditions are not followed to prevent the spread of disease , it will continue to spread .
While many people have been following safety procedures , the general mass disregard for them in light of the current protests , no matter what the feelings are , have likely just created an ideal environment in which the disease can spread and become even more dangerous .
If there really was a person such as “ Coronachan ” , she would heartily thank @ @ @ @ @ @ @ not say what her views are or even if she would protest , she would certainly show up to spread among all sides before moving to the next area .
Donate now to help support the work of this site .
When you donate , you are not donating to just any commentary group , but one that is endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and @ @ @ @ @ @ @ the future .
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On the infamous message board 4Chan, some lovers of anime cartoons took to personalizing the COVID-19 coronavirus soon after it became popular by creating the character of “Coronachan”, which are any number of mildly sexually explicit drawings of the virus as a slim, attractive young Asian woman with virus balls in her hair and promising men erotic gratification if she can infect and kill them with COVID-19. Pictures for example are below of a few.
Now thankfully there is no such thing as “Coronachan” in real life. However, if this thing (the woman) was real, she would be very happy right now, and would extend a hearty thanks to the many protesters. The Chicago Tribune notes this, as it declares that the massive protests may have the effect of spreading COVID-19.
The mayor of Atlanta, one of dozens of U.S. cities hit by massive protests, has a message for demonstrators: “If you were out protesting last night, you probably need to go get a COVID test this week.” As more beaches, churches, mosques, schools and businesses reopened worldwide, civil unrest in the United States over repeated racial injustice is raising fears of new coronavirus outbreaks in a country that has more infections and deaths than anywhere else in the world. And it’s not just in the U.S. — London hosted a large anti-racism protest Sunday that certainly violated government social distancing rules. Atlanta Mayor Keisha Lance Bottoms warned that “there is still a pandemic in America that’s killing black and brown people at higher numbers.” “We have two crises that are sandwiched on top of one other,” Minneapolis Mayor Jacob Frey said. Violent protests over the death of George Floyd by police have shaken the country from Minneapolis to New York, from Atlanta to Los Angeles. Some protests have turned into riots and clashes with police, leaving stores in flames and torched cars in the streets. City officials ordered overnight curfews to quell the violence. Floyd, a black man, died May 25 in Minneapolis saying “I can’t breathe” after a white police officer pressed a knee into his neck. It was the latest in a series of deaths of black men and women at the hands of police in America. Health experts fear that silent carriers of the virus could unwittingly infect others at protests where people are packed cheek to jowl, many without masks, many chanting, singing or shouting. The virus is dispersed by microscopic droplets in the air when people cough, sneeze, sing or talk. “Whether they’re fired up or not, that doesn’t prevent them from getting the virus,” said Bradley Pollock, chairman of the Department of Public Health Sciences at the University of California, Davis. The U.S. has seen over 1.7 million infections and nearly 104,000 deaths in the pandemic, which has disproportionately affected racial minorities in a nation that does not have universal health care. Even the many protesters wearing masks are not guaranteed protection. The U.S. Centers for Disease Control and Prevention says cloth masks keep infected people from spreading the virus but are not designed to protect wearers from getting it. (source)
Remember that regardless of the situation, COVID-19 is still a pandemic.
People are still getting sick.
It is still a threat.
What is a protest? It is an event where a lot of people are close together. It is an ideal environment in which to spread COVID-19.
How many people have been wearing masks? The videos of the protests answer that question.
As a trend for the future, one should expect to see a massive spike in COVID-19 cases for this reason.
Pandemics do not care about politics, race, or place. They are just diseases, and diseases go where they go and infect who they may, and if conditions are not followed to prevent the spread of disease, it will continue to spread. While many people have been following safety procedures, the general mass disregard for them in light of the current protests, no matter what the feelings are, have likely just created an ideal environment in which the disease can spread and become even more dangerous.
If there really was a person such as “Coronachan”, she would heartily thank the protesters, for while she may not say what her views are or even if she would protest, she would certainly show up to spread among all sides before moving to the next area.
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shoebat--2020-05-31--Trump Declares He Will Designate Antifa As A Terrorist Organization

NBC News reports that Trump has tweeted he will designate Antifa as a terrorist organization .
President Donald Trump said Sunday that he will designate Antifa as a terrorist organization after Democratic and Republican officials pointed to extremist groups and out of town demonstrators as responsible for violent episodes at protests in major cities across the country .
Trump and Attorney General William Barr had earlier pointed to anti-fascist organizers and anarchists as culprits behind the mayhem following the death of a 46-year-old black man , George Floyd , at the hands of Minneapolis police .
Others said right-wing extremists @ @ @ @ @ @ @ to bring about a second Civil War , were pushing for such uprising in the protests .
In a Sunday statement , Barr said the Justice Department is taking aim at “ apprehending and charging the violent radical agitators who have hijacked peaceful protest and are engaged in violations of federal law.
” The attorney general said that “ to identify criminal organizers and instigators , ” federal law enforcement officials are utilizing “ our existing network of 56 regional FBI Joint Terrorism Task Forces.
” “ Preventing reconciliation and driving us apart @ @ @ @ @ @ @ , and we can not let them succeed , ” Barr added .
“ The violence instigated and carried out by Antifa and other similar groups in connection with the rioting is domestic terrorism and will be treated accordingly.
” There is no domestic terrorism statute and legal authority for the U.S. to designate any domestic organization as a terrorist group , as the Justice Department ’ s domestic terrorism coordinator has said publicly on multiple occasions in recent years .
“ As this tweet demonstrates , terrorism is an inherently political label @ @ @ @ @ @ @ American Civil Liberties Union National Security Project Director Hina Shamsi said in response to Trump ’ s post .
“ There is no legal authority for designating a domestic group .
Any such designation would raise significant due process and First Amendment concerns.
” ( source ) Politico pointed out in September 2017 that previously unreported FBI and Department of Homeland Security studies found that “ anarchist extremist ” groups like Antifa have been the “ primary instigators of violence at public rallies ” going back to at least April 2016 when the @ @ @ @ @ @ @ question is : what does this mean in terms of response ?
Is this a license to use deadly force ?
Likewise , as one person noted in a tweet you can see here , “ Why is the Attorney General of Minnesota holding a terrorist handbook ?
” , referring to an Antifa handbook , for regardless of one ’ s position on the group , that a man in the position of power that he is in would have a public photo of him with this book undoubtedly raises many questions @ @ @ @ @ @ @ there are more questions than answers being given here , and no way to answer the questions .
Likewise , another legitimate question raised by Glenn Beck ’ s The Blaze ( of all places ) is that : In other words , since there is no class of law really existing to deal with “ domestic terror ” groups , how does one go about developing one into which to place Antifa , if this is such the desire ?
Ted noted yesterday , citing articles from various sources , that it @ @ @ @ @ @ @ already tense situation .
Likewise , Shoebat.com also noted the presence of what appear to be police officers fomenting violence as well .
One may recall in 2001 that the September 11th terrorist attacks were used to usher in a series of very repressive laws in the name of “ patriotism ” .
The curious circumstances of these riots- the fact that they are taking place all around the country , that there seems to be clear organization and coordination of the riots , that police appear to be “ standing down ” @ @ @ @ @ @ @ little actual military response from the government to deal with them as would be in other cases , that there appears to be people provoking violence tied to the police or right-wing groups , makes one wonder if what we are seeing here is another “ 9/11 ” type event except in that these riots are going to be used as a pretext for legitimizing the concept of creating a legal category for “ domestic terror groups ” and as such eventually placing groups of people who are considered socially undesirable into them @ @ @ @ @ @ @ trend of “ federalizing ” local or state affairs , especially as it pertains to law enforcement , which while existing in decades prior had an immediate and sharp increase following the passage of the Patriot Act of 2001 that has not since abated but merely continues to increase .
I can not prove any of this .
It is not something that I would like to see happen .
However , there are many question that one can not answer because there are so many ambiguities right now .
What I can @ @ @ @ @ @ @ rush ” a response would be a horribly destructive thing because reactions to problems made in the moment , when one is in a heightened state of emotions , usually are done poorly and have bad consequences .
I can also say that the slow evisceration of civil liberties , which has been taking place for a long time , is only getting worse .
Laws are meant to serve a purpose , just as police , but power must always be watched with great care , for power is easily abused and @ @ @ @ @ @ @ , which is always an uncomfortable thing , and the example of history attests to this .
This is not about police .
Rather , this is about how a particular incident with the police officer and the late George Floyd has spiraled seemingly into something much greater than the presented matter at hand , with potentially grave consequences that will likely long outlive even the memory of said riots .
Donate now to help support the work of this site .
When you donate , you are not donating to just any @ @ @ @ @ @ @ endlessly observing the news , reading between the lines and separating hysteria and perception from reality .
In shoebat.com , we are working every day , tirelessly investigating global trends and providing data and analysis to tell you what lies for the future .
CLICK HERE TO FOLLOW OUR NEW SHOEBAT FACEBOOK PAGE

NBC News reports that Trump has tweeted he will designate Antifa as a terrorist organization.
President Donald Trump said Sunday that he will designate Antifa as a terrorist organization after Democratic and Republican officials pointed to extremist groups and out of town demonstrators as responsible for violent episodes at protests in major cities across the country. Trump and Attorney General William Barr had earlier pointed to anti-fascist organizers and anarchists as culprits behind the mayhem following the death of a 46-year-old black man, George Floyd, at the hands of Minneapolis police. Others said right-wing extremists such as Boogaloo followers, who hope to bring about a second Civil War, were pushing for such uprising in the protests. In a Sunday statement, Barr said the Justice Department is taking aim at “apprehending and charging the violent radical agitators who have hijacked peaceful protest and are engaged in violations of federal law.” The attorney general said that “to identify criminal organizers and instigators,” federal law enforcement officials are utilizing “our existing network of 56 regional FBI Joint Terrorism Task Forces.” “Preventing reconciliation and driving us apart is the goal of these radical groups, and we cannot let them succeed,” Barr added. “The violence instigated and carried out by Antifa and other similar groups in connection with the rioting is domestic terrorism and will be treated accordingly.” There is no domestic terrorism statute and legal authority for the U.S. to designate any domestic organization as a terrorist group, as the Justice Department’s domestic terrorism coordinator has said publicly on multiple occasions in recent years. “As this tweet demonstrates, terrorism is an inherently political label, easily abused and misused,” American Civil Liberties Union National Security Project Director Hina Shamsi said in response to Trump’s post. “There is no legal authority for designating a domestic group. Any such designation would raise significant due process and First Amendment concerns.” (source)
Politico pointed out in September 2017 that previously unreported FBI and Department of Homeland Security studies found that “anarchist extremist” groups like Antifa have been the “primary instigators of violence at public rallies” going back to at least April 2016 when the reports were first published.
But the question is: what does this mean in terms of response?
Is this a license to use deadly force?
Likewise, as one person noted in a tweet you can see here, “Why is the Attorney General of Minnesota holding a terrorist handbook?”, referring to an Antifa handbook, for regardless of one’s position on the group, that a man in the position of power that he is in would have a public photo of him with this book undoubtedly raises many questions .
Just like with the riots, there are more questions than answers being given here, and no way to answer the questions.
Likewise, another legitimate question raised by Glenn Beck’s The Blaze (of all places) is that:
There are federal-law processes for designating foreign and international terrorism because defending against foreign threats to national security is primarily a federal responsibility,” McCarthy explained, because foreign operatives have fewer civil rights protections than American citizens and that the best weapon against domestic terror is local law enforcement, not federal. (source)
In other words, since there is no class of law really existing to deal with “domestic terror” groups, how does one go about developing one into which to place Antifa, if this is such the desire?
Ted noted yesterday, citing articles from various sources, that it appears there are right-wing provocateurs instigating the already tense situation. Likewise, Shoebat.com also noted the presence of what appear to be police officers fomenting violence as well.
One may recall in 2001 that the September 11th terrorist attacks were used to usher in a series of very repressive laws in the name of “patriotism”.
The curious circumstances of these riots- the fact that they are taking place all around the country, that there seems to be clear organization and coordination of the riots, that police appear to be “standing down” in multiple cities, that there is little actual military response from the government to deal with them as would be in other cases, that there appears to be people provoking violence tied to the police or right-wing groups, makes one wonder if what we are seeing here is another “9/11” type event except in that these riots are going to be used as a pretext for legitimizing the concept of creating a legal category for “domestic terror groups” and as such eventually placing groups of people who are considered socially undesirable into them. This would also reflect the continued trend of “federalizing” local or state affairs, especially as it pertains to law enforcement, which while existing in decades prior had an immediate and sharp increase following the passage of the Patriot Act of 2001 that has not since abated but merely continues to increase.
I cannot prove any of this. It is not something that I would like to see happen. However, there are many question that one cannot answer because there are so many ambiguities right now.
What I can say definitively that any desire to “rush” a response would be a horribly destructive thing because reactions to problems made in the moment, when one is in a heightened state of emotions, usually are done poorly and have bad consequences.
I can also say that the slow evisceration of civil liberties, which has been taking place for a long time, is only getting worse. Laws are meant to serve a purpose, just as police, but power must always be watched with great care, for power is easily abused and seldom ceded except by way of force, which is always an uncomfortable thing, and the example of history attests to this.
This is not about police. Rather, this is about how a particular incident with the police officer and the late George Floyd has spiraled seemingly into something much greater than the presented matter at hand, with potentially grave consequences that will likely long outlive even the memory of said riots.
t
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shoebat--2020-06-01--Riots, George Floyd, And A Strategy Of Tension

My general thoughts on the current situation revolving around the George Floyd : Donate now to help support the work @ @ @ @ @ you donate , you are not donating to just any commentary group , but one @ @ @ @ @ news , reading between the lines and separating hysteria and perception from reality .
In @ @ @ @ @ every day , tirelessly investigating global trends and providing data and analysis to tell you @ @ @ @ @ .

Pakistani Government Signs Law That Would Put People In Prison For Life For "Blaspheming" Muhammad The government of Pakistan just signed a law that could...


shoebat--2020-06-01--Citigroup Openly Declares That Companies Should ‘Raise As Much Money As They Can Now’ Because Things

Citigroup Openly Declares That Companies Should ‘Raise As Much Money As They Can Now’ Because Things Are Going To Get A Lot Worse

We have noted repeatedly at Shoebat.com that individuals need to save up as much money as possible because of the massive changes still taking place in the finance markets that will cause further instability and eventually cause a serious currency decline .
These concerns are very real and must not be dismissed , but addressed continually as best as one can .
This perspective is not unique to us , for Zero Hedge recently reported the head of financial behemoth Citigroup ’ s Investment Banking division said that companies need to ‘ raise as much money as they can now @ @ @ @ @ @ @ the future .
Manolo Falco , Citigroup ’ s co-head of investment banking said that financial markets were “ way ahead of reality ” with tougher times to come , and is warning corporate clients that they should raise as much money as they could before the pandemic ’ s true cost is factored in by investors .
“ We definitely feel that the markets are way ahead of reality .
We really are telling every client to tap the market if they can because we think the pricing now couldn ’ t @ @ @ @ @ @ @ , adding that “ as the second quarter comes along and we start seeing the pain , and the collateral effects of that , we think this is going to be much tougher than it looks.
” Investors ’ optimism led investment grade companies to raise a record $ 1 trillion of debt in the first five months of the year , putting investment banks such as Citi on course for a surge in debt capital markets revenues in the second quarter of the year compared with 2019 .
Citi is not the @ @ @ @ @ @ @ bond issuance feast , which has been explicitly backstopped by the Fed which as we learned last week has been busy buying up over a dozen ETFs .
Last week senior bankers predicted another strong quarter for trading .
This was especially true at JPMorgan Chase , whose investment bank boss Daniel Pinto said trading revenues in the second quarter could be up as much as 50 % compared with a year earlier .
Falco was more circumspect on the prospect of a wave of activist investment in the aftermath of the coronavirus @ @ @ @ @ @ @ activist investors to buy into companies on the cheap and then look for ways to make them more profitable , often by cutting costs and jobs , but mostly issuing more debt ( although with corporate leverage now at even record-er levels than just 2 months ago it is unclear just who has the capacity for even more debt ) .
“ You got ta be careful though because an activist can become very quickly a focus of governments if they really step in too hard at a time when people , what @ @ @ @ @ @ @ to actually get things going in the economy , ” Falco said .
“ We ’ ve got to be careful because in some cases .
.
.
maybe those [ investments ] are at the wrong time and could create a lot of anger.
” We doubt that : in fact , if activist investors step up and end up causing millions more to be fired , it will simply mean that the government ’ s free handouts will have to be extended even further , Congress will have to pass even @ @ @ @ @ @ @ will have to monetize even more debt bringing us that much closer to the period of runaway inflation so eagerly sought by the Federal Reserve .
In other words , more layoffs mean win , win , wins for everyone , except those who still believe in working hard and saving , of course .
( source )

We have noted repeatedly at Shoebat.com that individuals need to save up as much money as possible because of the massive changes still taking place in the finance markets that will cause further instability and eventually cause a serious currency decline. These concerns are very real and must not be dismissed, but addressed continually as best as one can.
This perspective is not unique to us, for Zero Hedge recently reported the head of financial behemoth Citigroup’s Investment Banking division said that companies need to ‘raise as much money as they can now’ because of serious financial turmoil in the future.
Manolo Falco, Citigroup’s co-head of investment banking said that financial markets were “way ahead of reality” with tougher times to come, and is warning corporate clients that they should raise as much money as they could before the pandemic’s true cost is factored in by investors.
“We definitely feel that the markets are way ahead of reality. We really are telling every client to tap the market if they can because we think the pricing now couldn’t get any better,” Falco said, adding that “as the second quarter comes along and we start seeing the pain, and the collateral effects of that, we think this is going to be much tougher than it looks.”
…
Investors’ optimism led investment grade companies to raise a record $1 trillion of debt in the first five months of the year, putting investment banks such as Citi on course for a surge in debt capital markets revenues in the second quarter of the year compared with 2019.
Citi is not the only bank to take advantage of the bond issuance feast, which has been explicitly backstopped by the Fed which as we learned last week has been busy buying up over a dozen ETFs.
Last week senior bankers predicted another strong quarter for trading. This was especially true at JPMorgan Chase, whose investment bank boss Daniel Pinto said trading revenues in the second quarter could be up as much as 50% compared with a year earlier.
Falco was more circumspect on the prospect of a wave of activist investment in the aftermath of the coronavirus crisis. Low asset prices can tempt activist investors to buy into companies on the cheap and then look for ways to make them more profitable, often by cutting costs and jobs, but mostly issuing more debt (although with corporate leverage now at even record-er levels than just 2 months ago it is unclear just who has the capacity for even more debt).
“You gotta be careful though because an activist can become very quickly a focus of governments if they really step in too hard at a time when people, what they want is to protect employment and to actually get things going in the economy,” Falco said. “We’ve got to be careful because in some cases . . . maybe those [investments] are at the wrong time and could create a lot of anger.”
We doubt that: in fact, if activist investors step up and end up causing millions more to be fired, it will simply mean that the government’s free handouts will have to be extended even further, Congress will have to pass even more stimulus bills, and the Fed will have to monetize even more debt bringing us that much closer to the period of runaway inflation so eagerly sought by the Federal Reserve.
In other words, more layoffs mean win, win, wins for everyone, except those who still believe in working hard and saving, of course. (source)


shoebat--2020-06-01--Trump Vetoes Student Loan Forgiveness Bill For Defrauded Students

There are a lot of feelings about student loans .
Some people say that they should be forgiven , others that they should be forced to pay .
In my case , as one who went to college and does not have student loans , I can say that that most students got the degrees they have because they were told by all people since they were small children- parents , teachers , friends , family , neighbors , the media , and more -that one needed to go to college , debt was pushed on them at a young @ @ @ @ @ @ @ go to college was equivalent to being a failure at life .
They went to university genuinely believing and trusting in what they were told , and then they came to forcibly discover- following the economic crash caused by the overspending habits of the previous generations and forcibly exposed in 2007 with the financial crisis -that all they were told is a complete lie and there are no jobs , and now they have a bunch of debt and no way to pay it off , and they should have known better .
@ @ @ @ @ @ @ of people .
Yes , there is a financial reponsibility , but the financial problem was caused by a denial of social responsibility forced on young people when they had no context to know otherwise .
Likewise , because there were so many loans and the loans are so large , it resulted in the debt enslavement of millions of students against their will to the point it is permanently affecting the health of the economy .
There needs to be a kind of student loan debt jubilee in order to address the @ @ @ @ @ @ @ killing the country , and because most student loan debt is very difficult to discharge , it causes a generational burden that will endure for decades to come .
President Trump , who is arguably the king of bankruptcies , having defined his professional career by his bankruptcies and now his bankrupting of the United States by his actions , while he may like bankruptcies for himself , showed his true feelings about the rest of the people in society by vetoing a bill that would give forgiveness to student loans to students @ @ @ @ @ @ @ while they were students and essentially were defrauded of a degree .
In a widely expected move , Trump vetoed congressional legislation that would have overturned a key student loan forgiveness rule drafted by the U.S. Education Department under the leadership of Education Secretary Betsy DeVos .
In March , the U.S. Senate voted 53-42 to overturn a new student loan forgiveness rule introduced by U.S. Secretary of Education Betsy DeVos that critics argue limit student loan forgiveness for students when a college closes due to fraud .
All Senate Democrats and 10 @ @ @ @ @ @ @ The House of Representatives overturned the rule in January by a vote of 231-180 .
The student loan forgiveness rules are known as borrower defense to repayment , which allow students to have their federal student loans forgiven if a school employed illegal or deceptive practices to encourage the students to borrow debt to attend the school .
Without these rules , students are potentially on the hook to repay federal student loans even if they didn ’ t find gainful employment or finish their degree before their school closed .
The original @ @ @ @ @ @ @ .
However , DeVos rewrote the rules to narrow the requirements to receive student loan forgiveness .
( source ) Trump will likely win in 2020 , but the student loan issue is a major sore spot with frustrated Millennials and Zoomers who find themselves with debts they can not pay amid an economic crisis caused by conditions nurtured by previous generations and no way to pay them back , and with that no hope of a future .
This will be remembered not in 2020 , but in 2024 , when the @ @ @ @ @ @ @ replaced by the Millennials and they begin to have their say .
It won ’ t matter for Trump , but the Republican party will suffer as a result of it because people may not know politicians , but they know how much their monthly bills are , and when they can ’ t pay them because “ those guys stopped me from getting rid of this debt ” , they will remember that at the voting booth .
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There are a lot of feelings about student loans. Some people say that they should be forgiven, others that they should be forced to pay. In my case, as one who went to college and does not have student loans, I can say that that most students got the degrees they have because they were told by all people since they were small children- parents, teachers, friends, family, neighbors, the media, and more -that one needed to go to college, debt was pushed on them at a young and impressionable age, and to not go to college was equivalent to being a failure at life. They went to university genuinely believing and trusting in what they were told, and then they came to forcibly discover- following the economic crash caused by the overspending habits of the previous generations and forcibly exposed in 2007 with the financial crisis -that all they were told is a complete lie and there are no jobs, and now they have a bunch of debt and no way to pay it off, and they should have known better.
This was a crime committed against millions of people. Yes, there is a financial reponsibility, but the financial problem was caused by a denial of social responsibility forced on young people when they had no context to know otherwise. Likewise, because there were so many loans and the loans are so large, it resulted in the debt enslavement of millions of students against their will to the point it is permanently affecting the health of the economy.
There needs to be a kind of student loan debt jubilee in order to address the debt, since it is toxic and killing the country, and because most student loan debt is very difficult to discharge, it causes a generational burden that will endure for decades to come.
President Trump, who is arguably the king of bankruptcies, having defined his professional career by his bankruptcies and now his bankrupting of the United States by his actions, while he may like bankruptcies for himself, showed his true feelings about the rest of the people in society by vetoing a bill that would give forgiveness to student loans to students who received education from schools that closed while they were students and essentially were defrauded of a degree.
In a widely expected move, Trump vetoed congressional legislation that would have overturned a key student loan forgiveness rule drafted by the U.S. Education Department under the leadership of Education Secretary Betsy DeVos. In March, the U.S. Senate voted 53-42 to overturn a new student loan forgiveness rule introduced by U.S. Secretary of Education Betsy DeVos that critics argue limit student loan forgiveness for students when a college closes due to fraud. All Senate Democrats and 10 Republicans voted on a bipartisan basis. The House of Representatives overturned the rule in January by a vote of 231-180. The student loan forgiveness rules are known as borrower defense to repayment, which allow students to have their federal student loans forgiven if a school employed illegal or deceptive practices to encourage the students to borrow debt to attend the school. Without these rules, students are potentially on the hook to repay federal student loans even if they didn’t find gainful employment or finish their degree before their school closed. The original rules were issued during the Obama administration. However, DeVos rewrote the rules to narrow the requirements to receive student loan forgiveness. (source)
Trump will likely win in 2020, but the student loan issue is a major sore spot with frustrated Millennials and Zoomers who find themselves with debts they cannot pay amid an economic crisis caused by conditions nurtured by previous generations and no way to pay them back, and with that no hope of a future.
This will be remembered not in 2020, but in 2024, when the Boomers’ power as a bloc is replaced by the Millennials and they begin to have their say. It won’t matter for Trump, but the Republican party will suffer as a result of it because people may not know politicians, but they know how much their monthly bills are, and when they can’t pay them because “those guys stopped me from getting rid of this debt”, they will remember that at the voting booth.
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