investmentwatchblog--2020-11-22--When Robinhood users pile into a stock , the average daily return is 14%. But this is followed by a

When Robinhood users pile into a stock , the average daily return is 14%. But this is followed by a reversal of nearly 5% over the subsequent month

from buying the dip to surfing the tech surge with options , an investor following the Robinhood crowd this year would have a lot to feel good about .
Provided they didn ’ t follow too long , that is .
Users of the millennial-friendly app — the first to offer commission-free trading — are more likely to chase popular stocks with extreme performance .
The result is herding that ultimately becomes a drag on those companies ’ returns , according to the latest academic research into retail investing .
When Robinhood users pile into a stock in large numbers @ @ @ @ @ @ @ day surges to 14 % .
But this is followed by a reversal of nearly 5 % over the subsequent month , a new paper found .
The thinking is that in seeking to make investing easier , the platform ’ s slimmed-down interface could be resulting in concentrated trading in the most “ attention grabbing ” shares .
That increases the chance of herding which can lead to big market reversals .
“ Robinhood users are more subject to attention biases , ” wrote authors including behavioral finance pioneer Terrance Odean .
@ @ @ @ @ @ @ the simplification of information is associated with herding episodes.
” Robinhood was at the center of Wall Street drama this year as the young fintech firm stirred up an investing frenzy amplified by Covid-19 restrictions and stimulus cash .
As retail volumes spiked , even professionals started tracking the activity of Robinhood ’ s 13 million users in a hunt for fresh trading signals .
To do that they relied on data from Robintrack , a website that provided updates on retail stock demand , on which the academics also based their calculations @ @ @ @ @ @ @ : A strategy of selling a security after a herding event and buying it five days later delivers a 3.5 % return and nearly double that for more extreme scenarios .
In fact , the researchers say there ’ s good reason to think hedge funds are doing some version of this , since they observed a spike in short interest among shares bought heavily by Robinhood traders .

by Zilllnaijaboy99
www.bloomberg.com/news/articles/2020-11-13/herding-by-naive-robinhood-traders-may-be-good-signal-to-short?sref=xTkgnLSf

from buying the dip to surfing the tech surge with options, an investor following the Robinhood crowd this year would have a lot to feel good about.
Provided they didn’t follow too long, that is.
Users of the millennial-friendly app — the first to offer commission-free trading — are more likely to chase popular stocks with extreme performance. The result is herding that ultimately becomes a drag on those companies’ returns, according to the latest academic research into retail investing.
When Robinhood users pile into a stock in large numbers, the average excess return on the day surges to 14%. But this is followed by a reversal of nearly 5% over the subsequent month, a new paper found.
The thinking is that in seeking to make investing easier, the platform’s slimmed-down interface could be resulting in concentrated trading in the most “attention grabbing” shares. That increases the chance of herding which can lead to big market reversals.
“Robinhood users are more subject to attention biases,” wrote authors including behavioral finance pioneer Terrance Odean. “The combination of naïve investors and the simplification of information is associated with herding episodes.”
Robinhood was at the center of Wall Street drama this year as the young fintech firm stirred up an investing frenzy amplified by Covid-19 restrictions and stimulus cash.
As retail volumes spiked, even professionals started tracking the activity of Robinhood’s 13 million users in a hunt for fresh trading signals. To do that they relied on data from Robintrack, a website that provided updates on retail stock demand, on which the academics also based their calculations.
One idea from the academic world: A strategy of selling a security after a herding event and buying it five days later delivers a 3.5% return and nearly double that for more extreme scenarios.
In fact, the researchers say there’s good reason to think hedge funds are doing some version of this, since they observed a spike in short interest among shares bought heavily by Robinhood traders.


investmentwatchblog--2020-11-22--I think I was scammed by a Best Buy employee

Me and my mother went to Best Buy to pick out this 85in Samsung for my Dad for Christmas .
The girl at the register told us that her system wasn ’ t working but the store was actively accepting PayPal/Venmo payments for products .
She then held out a iPhone and told us to pay using the PayPal QR code .
The payment went through on my moms phone when she input her information , but when we tried to add geek squad support , she said they weren ’ t taking applications in store , only over the @ @ @ @ @ @ @ we are at home but now that I ’ m sitting here thinking about this I ’ m beginning to feel like we paid her personally because GeekSquad is saying they can ’ t find our product in the system .
What should I do ?
Take the TV back ?
UPDATE : sighs I called the store and the manager and he told me that their system was never down and told me to bring the TV back to the store and that the police will be there waiting to file a @ @ @ @ @ @ @ a female associate quit on the spot and he believes it was her who ran the scam .
They won ’ t know until corporate sends them back the CCTV footage .
He said they will rectify the situation in any way possible to get back my business .

by Friendly-Offer
Me and my mother went to Best Buy to pick out this 85in Samsung for my Dad for Christmas. The girl at the register told us that her system wasn’t working but the store was actively accepting PayPal/Venmo payments for products. She then held out a iPhone and told us to pay using the PayPal QR code. The payment went through on my moms phone when she input her information, but when we tried to add geek squad support, she said they weren’t taking applications in store, only over the phone. So we left and now we are at home but now that I’m sitting here thinking about this I’m beginning to feel like we paid her personally because GeekSquad is saying they can’t find our product in the system. What should I do? Take the TV back?
We are primarily funded by readers. Please subscribe and donate to support us!
UPDATE: sighs I called the store and the manager and he told me that their system was never down and told me to bring the TV back to the store and that the police will be there waiting to file a police report. Apparently he just had a female associate quit on the spot and he believes it was her who ran the scam. They won’t know until corporate sends them back the CCTV footage. He said they will rectify the situation in any way possible to get back my business.


investmentwatchblog--2020-11-22--Canadian Finance Minister Dancing Around The Unlimited Currency Creation Of The Bank Of Canada.

Canadian Finance Minister 🇨🇦 Dancing Around The Unlimited Currency Creation Of The Bank Of Canada .
Just Admit it .
@ @ @ @ @ Your Debasing Everything Canadians Have Ever Worked For .
t.co/BxFc9ig2Jr

Canadian Finance Minister 🇨🇦 Dancing Around The Unlimited Currency Creation Of The Bank Of Canada. Just Admit it. There Is No Limit. Your Debasing Everything Canadians Have Ever Worked For. t.co/BxFc9ig2Jr
— Ben Rickert (@Ben__Rickert) November 22, 2020


investmentwatchblog--2020-11-22--We all get rich, at least those who own shares!

We all get rich, at least those who own shares! Global stocks on the way to a new record level. Pretty soon all shares could be worth $100tn, equal to 111% of global GDP. pic.twitter.com/HiPPDBEBMj — Holger Zschaepitz (@Schuldensuehner) November 22, 2020
Just to put things into perspective: If added today, #Telsa would rank as the 8th largest S&P 500 constituent. Measured by the P/E ratio, it would be one of the most expensive stocks in the index. (Chart via Goldman) pic.twitter.com/8W28f4CNtu — Holger Zschaepitz (@Schuldensuehner) November 22, 2020
ECB Lagarde warned that current economic crisis could morph into a financial crisis. “Risk I see is that potential financial spillover, which we managed to avoid so far"#ECB #EuroZone #recession #crisis t.co/P6WmnP9Mjp pic.twitter.com/sUrsuyD6XX — GnS Economics (@GnSEconomics) November 22, 2020
To set the record straight: The median earnings yield for the tech sector is near March 2000 levels. Investors focusing on market cap weighted measurements are completely missing the full picture. Valuations are truly historic for these high-flying stocks. pic.twitter.com/Gt6ZasgTli — Otavio (Tavi) Costa (@TaviCosta) November 22, 2020
This really says a lot about our society. People are so ungrateful these days…… pic.twitter.com/anat8NeZuR — Captain Nasdaq (Deceitful) (@CaptainNasdaq) November 22, 2020


investmentwatchblog--2020-11-22--Rising COVID-19 infection rates further slows global economic growth… credit spreads are widening bi

Rising COVID-19 infection rates further slows global economic growth… credit spreads are widening big time… Demand destruction will keep crude output depressed – this isn’t a good look for stocks

Rising COVID-19 infection rates further slows global economic growth : the near-term global economic outlook has worsened , again

demand destruction will keep crude output depressed – this isn't a good look for stocks pic.twitter.com/F0MIjIWs00 — Alastair Williamson (@StockBoardAsset) November 22, 2020
Rising COVID-19 infection rates further slows global economic growth: the near-term global economic outlook has worsened, again
We are primarily funded by readers. Please subscribe and donate to support us!
and… The inflation expectation is slightly lower ahead of the thanksgiving & Black Friday pic.twitter.com/iBU0M7p0Iu — Alessio Urban (@AlessioUrban) November 22, 2020
120 years of price action pic.twitter.com/RGSlc1Det5 — Alastair Williamson (@StockBoardAsset) November 22, 2020
things that make you go hmm pic.twitter.com/Zb5rGIuVEy — Alastair Williamson (@StockBoardAsset) November 21, 2020
credit spreads are widening big time today t.co/eNG3SL3mYL — Alastair Williamson (@StockBoardAsset) November 20, 2020
this will break – only a matter of time pic.twitter.com/HdSNigquBJ — Alastair Williamson (@StockBoardAsset) November 20, 2020
ECB Lagarde warned that current economic crisis could morph into a financial crisis. “Risk I see is that potential financial spillover, which we managed to avoid so far"#ECB #EuroZone #recession #crisis t.co/P6WmnP9Mjp pic.twitter.com/sUrsuyD6XX — GnS Economics (@GnSEconomics) November 22, 2020


investmentwatchblog--2020-11-22--Johnson & Johnson (NYSE: JNJ) – An in-depth Stock Analysis

Good morning everyone .
It is apparent that JNJ is going to win the poll ( on r/dividends ) , so here is the post as promised .
The poll still has a little time , an analysis will be done for whichever stock is in 2nd place , and last place .
Additionally I am considering grabbing one from the comments .
Anyways , Since this is a more in-depth look at the stock we will be answering the same questions again .
There will be a few questions we are looking to answer : • Is the company @ @ @ @ @ @ @ by taking a look at the business model and moat .
Johnson & Johnson is classified as a Dividend King , they have paid dividend continuously since 1963 and increased for 58 consecutive years .
Johnson & Johnson is the world ’ s largest and most diverse healthcare company .
Three divisions make up the firm : The pharmaceutical and medical devices account for ~80 % of sales and generates most of the cash flow .
The drug division focuses on the following therapeutic areas : The device segment focuses on surgery tools @ @ @ @ @ @ @ a few others .
The last segment of consumer focuses on baby care , beauty , oral care , over-the-counter drugs , and women ’ s health .
– Johnson & Johnson is one of the well known and trusted brands in the world .
It it one of the most consistent earnings growers .
– Their 3 healthcare segments provide unequaled diversity of quality products for the healthcare industry .
– Developed nations have populations whose average age is increasing rapidly .
Older people consume , on average , 7 times as @ @ @ @ @ @ @ people .
In addition , the growing global middle-class will be consuming an increasing amounts of healthcare .
This will further increase their sales .
– The company is more resistant to competitors due to its established distribution network and sales .
– Litigation surrounding several J & J products have the potential to blemish the company ’ s reputation and cost billions of dollars .
There is currently an ongoing talcum powder lawsuit .
– They are subject to more broad threats to the privatized healthcare industry , to include : increased @ @ @ @ @ @ @ for more government run healthcare , and increased risk of higher lawsuit costs .
There are plenty of other threats to the healthcare industry as a whole , however JNJ is more resistant to the institution of gov ’ t funded healthcare since they provide so many products .
However there is always the threat of decreased profit margins as regulations call for price fixing .
One thing that is really nice about Johnson and Johnson is their company financial performance sheets give 10 years of history , most of the time companies @ @ @ @ @ @ @ years , so they are definitely not trying to hide anything , and as we will see below , they have no reason to .
The revenue has increased an average of 3 % average , the earnings has increased faster than the top line revenue at 4.7 % average , and they are very under-leveraged when it comes to debt , especially compared to some recent companies we have seen ( IBM , KO , PEP ) .
Increases straight across the board .
CFO has increased 6 % average , their @ @ @ @ @ @ @ 2 % , but regardless their Free Cash Flow to Equity ratio is increasing despite them putting more money back into the company .
They have been using some of their additional cash flow to pay down debt , the debt payment for 2019 was $ 2.82 Billion .
Dividend Payments accounted for ~ $ 10 Billion , and with some of the remaining the company bought back shares .
• Is there revenue growth ?
– Yes • Is there earnings growth ?
– Yes • Is the company really leveraged ?
@ @ @ @ @ @ @ strong cash flow ?
– Yes NOTE : Current for November 2020 and very likely to change .
From a dividend growth standpoint , this would potentially be a great portfolio inclusion .
With many companies the 1/3 year dividend growth has been decreasing , JNJ has been maintaining and they have strong prospects of increasing the dividend growth rate again .
Let ’ s project what the Annual Dividend Payout could be using a 6 % constant growth rate .
( NOTE : Just an estimate , not a guarantee of what @ @ @ @ @ @ @ , JNJ is incredibly healthy , they have increasing revenue , earnings , low-debt , and high cash flow .
Additionally , they responsibly uses their cash flow to pay down debt , pay their shareholders , and buy back shares .
Furthermore , the dividend history and growth is very consistent .
There are definitely some risks to consider , the company does face lawsuits often enough and the details/payouts for those were not discussed here .
Additionally the health care sector is more subject to a changing environment due to the @ @ @ @ @ @ @ healthcare options .
Take this into consideration .
I hope everyone found this post interesting , please supplement this with your own research .
As always , thanks for reading , and have a good day/night !
Disclaimer : This information is only for educational purposes .
Do not make any investment decisions based on the information in this article .
Do you own due diligence or consult your financial professional before making any investment decision .

by 036Gooddaysir036
Introduction:
Good morning everyone. It is apparent that JNJ is going to win the poll (on r/dividends), so here is the post as promised. The poll still has a little time, an analysis will be done for whichever stock is in 2nd place, and last place. Additionally I am considering grabbing one from the comments.
Anyways, Since this is a more in-depth look at the stock we will be answering the same questions again.
There will be a few questions we are looking to answer:
Is there revenue growth? Is there earnings growth? Is the company really leveraged? Is there strong cash flow?
Let’s start by taking a look at the business model and moat.
JNJ – Johnson & Johnson:
Johnson & Johnson is classified as a Dividend King, they have paid dividend continuously since 1963 and increased for 58 consecutive years.
Johnson & Johnson is the world’s largest and most diverse healthcare company. Three divisions make up the firm:
pharmaceutical,
medical devices and diagnostics,
consumer good/discretionary
The pharmaceutical and medical devices account for ~80% of sales and generates most of the cash flow. The drug division focuses on the following therapeutic areas:
immunology,
oncology,
neurology,
pulmonary,
cardiology,
metabolic diseases.
The device segment focuses on surgery tools, orthopedics, vision care, and a few others. The last segment of consumer focuses on baby care, beauty, oral care, over-the-counter drugs, and women’s health.
Strengths:
– Johnson & Johnson is one of the well known and trusted brands in the world. It it one of the most consistent earnings growers. – Their 3 healthcare segments provide unequaled diversity of quality products for the healthcare industry. – Developed nations have populations whose average age is increasing rapidly. Older people consume, on average, 7 times as much healthcare services and products as younger people. In addition, the growing global middle-class will be consuming an increasing amounts of healthcare. This will further increase their sales. – The company is more resistant to competitors due to its established distribution network and sales.
Risks:
– Litigation surrounding several J&J products have the potential to blemish the company’s reputation and cost billions of dollars. There is currently an ongoing talcum powder lawsuit. – They are subject to more broad threats to the privatized healthcare industry, to include: increased regulation/scrutiny from consumers and government, plans for more government run healthcare, and increased risk of higher lawsuit costs. There are plenty of other threats to the healthcare industry as a whole, however JNJ is more resistant to the institution of gov’t funded healthcare since they provide so many products. However there is always the threat of decreased profit margins as regulations call for price fixing. (NOTE: This is not an endorsement for or against either Government Funded/Privatized Healthcare, this is simply mentioning a potential risk to the company due to a changing environment, nothing more)
Financial History:
One thing that is really nice about Johnson and Johnson is their company financial performance sheets give 10 years of history, most of the time companies will just do 3, or 5 years, so they are definitely not trying to hide anything, and as we will see below, they have no reason to.
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Year Revenue EBITDA Debt Debt / Earning 2011 $65,030 $19,389 $14,179 0.7 2013 $71,312 $23,161 $15,123 0.7 2015 $70,074 $22,116 $15,200 0.7 2017 $76,450 $24,539 $32,183 1.3 2019 $82,059 $28,079 $28,579 1.0
The revenue has increased an average of 3% average, the earnings has increased faster than the top line revenue at 4.7% average, and they are very under-leveraged when it comes to debt, especially compared to some recent companies we have seen (IBM, KO, PEP).
Year Cash Flow from Operations Capital Expenditures FCF/E Ratio 2011 14,298 2,893 15,859 2015 19,569 3,463 16,113 2019 23,416 3,498 17,098
Increases straight across the board. CFO has increased 6% average, their CAPEX has increased by an average of 2%, but regardless their Free Cash Flow to Equity ratio is increasing despite them putting more money back into the company. They have been using some of their additional cash flow to pay down debt, the debt payment for 2019 was $2.82 Billion. Dividend Payments accounted for ~$10 Billion, and with some of the remaining the company bought back shares.
So …
Is there revenue growth? – Yes Is there earnings growth? – Yes Is the company really leveraged? – Very low debt Is there strong cash flow? – Yes
Some other numbers:
NOTE: Current for November 2020 and very likely to change.
Current Annual Payout / Share $4.04 Yield 2.76% 10 Yr Div Growth Rate 6.9% 3 Yr Div Growth Rate 6.0% 1 Yr Div Growth Rate 5.9% Current EPS Payout Ratio 64.64%
From a dividend growth standpoint, this would potentially be a great portfolio inclusion. With many companies the 1/3 year dividend growth has been decreasing, JNJ has been maintaining and they have strong prospects of increasing the dividend growth rate again.
Let’s project what the Annual Dividend Payout could be using a 6% constant growth rate. (NOTE: Just an estimate, not a guarantee of what could happen)
Year 2021 2022 2023 2024 2025 Payout $4.28 $4.53 $4.81 $5.10 $5.40
Delicious.
Final Thoughts:
From a financial perspective, JNJ is incredibly healthy, they have increasing revenue, earnings, low-debt, and high cash flow. Additionally, they responsibly uses their cash flow to pay down debt, pay their shareholders, and buy back shares. Furthermore, the dividend history and growth is very consistent.
There are definitely some risks to consider, the company does face lawsuits often enough and the details/payouts for those were not discussed here. Additionally the health care sector is more subject to a changing environment due to the expansion/introduction/rollback of regulations and expansion of public healthcare options. Take this into consideration.
I hope everyone found this post interesting, please supplement this with your own research.
As always, thanks for reading, and have a good day/night!
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.


investmentwatchblog--2020-11-22--Sidney Powell Appearing on Joe Rogan, Brandon Tatum, Tim Pool and Ben Shapiro Gives Trump Victory

I 'm # googled to death # facebooked cover to cover # youtubed through and through

#twitterings ~
I'm #googled to death#facebooked cover to cover#youtubed through and through
— haiku artist (@extinctbooks) October 16, 2020


investmentwatchblog--2020-11-22--160,000 People voted in both Pennsylvania and Michigan, 40,000 Voters in PA switched from R to D

On Bannon ’ s War Room yesterday .
Swiss data scientist named Vincent looking into PA with help from local @ @ @ @ @ people with same first name , last name , middle initial , and DOB that @ @ @ @ @ Pennsylvania .
Also found hundreds of dead people voting , 40,000 people who unknowingly had @ @ @ @ @ to Democrat , and thousands using the same P.O .
Box for their address .
@ @ @ @ @ at 39:15 – the meaty part starts at 52:00

On Bannon’s War Room yesterday. Swiss data scientist named Vincent looking into PA with help from local GOP. He found 160,000 people with same first name, last name, middle initial, and DOB that voted in both Michigan and Pennsylvania. Also found hundreds of dead people voting, 40,000 people who unknowingly had their party switched from Republican to Democrat, and thousands using the same P.O. Box for their address.
They start talking to Vincent at 39:15 – the meaty part starts at 52:00
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h/t ShortStop


investmentwatchblog--2020-11-22--JUST IN Georgia will conduct recount after Trump campaign request.

Georgia will conduct recount after Trump campaign request .
State law allows President Trump to request a recount as the @ @ @ @ @ % t.co/VNmVIqpXZj

Georgia will conduct recount after Trump campaign request. State law allows President Trump to request a recount as the margin was less than 0.5% t.co/VNmVIqpXZj
— CNN Breaking News (@cnnbrk) November 22, 2020


investmentwatchblog--2020-11-22--Justin Trudeau says he didn’t say what you thought he said about the “Great Reset” and if you think

Justin Trudeau says he didn’t say what you thought he said about the “Great Reset” and if you think he did, you’re a nut

Just forget it ever happened , because it never happened , okay ?
Canada ’ s Trudeau calls Great Reset a CONSPIRACY THEORY after video of him promoting the globalist initiative went viral Canadian Prime Minister Justin Trudeau , who brought an avalanche of attention to the World Economic Forum ’ s ‘ Great Reset ’ when a video of him talking about the plan surfaced earlier this week , now says it ’ s a “ conspiracy theory.
” Asked at a press conference Friday about concerns raised by conservative lawmakers about his use of the term ‘ Great @ @ @ @ @ @ @ We ’ re in a time of anxiety , where people are looking for reasons for things that are happening to him , the difficult moments we ’ re in .
It ’ s nice to be able to find someone to blame , something to point to , something to get mad at .
“ We ’ re seeing a lot of people fall prey to disinformation .
If conservative MPs and others want to start talking about conspiracy theories , well , that ’ s their choice .
I ’ m @ @ @ @ @ @ @ get through this , on learning lessons from this pandemic , and making sure that the world we leave to our kids is even better than the world we inherited from our parents .
”

Just forget it ever happened, because it never happened, okay?
Canada’s Trudeau calls Great Reset a CONSPIRACY THEORY after video of him promoting the globalist initiative went viral
21 Nov, 2020 19:08
Canadian Prime Minister Justin Trudeau, who brought an avalanche of attention to the World Economic Forum’s ‘Great Reset’ when a video of him talking about the plan surfaced earlier this week, now says it’s a “conspiracy theory.”
Asked at a press conference Friday about concerns raised by conservative lawmakers about his use of the term ‘Great Reset’, Trudeau said, “We’re in a time of anxiety, where people are looking for reasons for things that are happening to him, the difficult moments we’re in. It’s nice to be able to find someone to blame, something to point to, something to get mad at.
We are primarily funded by readers. Please subscribe and donate to support us!
“We’re seeing a lot of people fall prey to disinformation. If conservative MPs and others want to start talking about conspiracy theories, well, that’s their choice. I’m going to stay focused on helping Canadians get through this, on learning lessons from this pandemic, and making sure that the world we leave to our kids is even better than the world we inherited from our parents.”
www.rt.com/news/507436-trudeau-denies-great-reset/
h/t togojones


investmentwatchblog--2020-11-22--CALI BACK IN PLAY — California Conducted Fatally Flawed Election In 53 of 58 Counties

CA CONDUCTED A FATALLY FLAWED ELECTION IN AT LEAST 53 COUNTIES OF 58 by Markham Robinson 11/18/2020 707-448-7062 t.co/60W64Rlw69… Please @ @ @ @ @ need to contact the Trump lawyers .
Our case has been evaluated by a CA @ @ @ @

CA CONDUCTED A FATALLY FLAWED ELECTION IN AT LEAST 53 COUNTIES OF 58 by Markham Robinson 11/18/2020 707-448-7062 t.co/60W64Rlw69… Please read our brief. We need to contact the Trump lawyers. Our case has been evaluated by a CA Elections Code atty.
— Markham Robinson (@BraveLad) November 22, 2020


investmentwatchblog--2020-11-22--NEVER FORGET — 57 Year Ago Today A Sitting President Was Assassinated For A Fraction Of What DJT Has

NEVER FORGET — 57 Year Ago Today A Sitting President Was Assassinated For A Fraction Of What DJT Has Done

Today is the 57th anniversary of President Kennedy ’ s assassination : “ For we are opposed around the world @ @ @ @ @ conspiracy that relies primarily on covert means for expanding its sphere of influence … , @ @ @ @ @ ”

shills
@disclosetv
Today is the 57th anniversary of President Kennedy’s assassination:
We are primarily funded by readers. Please subscribe and donate to support us!
“For we are opposed around the world by a monolithic & ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence …, on subversion instead of elections…”
Today is the 57th anniversary of President Kennedy's assassination: "For we are opposed around the world by a monolithic & ruthless conspiracy that relies primarily on covert means for expanding its sphere of influence …, on subversion instead of elections…" pic.twitter.com/tNJstA71xt — Disclose.tv 🚨 (@disclosetv) November 22, 2020
h/t CrsCrpr


investmentwatchblog--2020-11-22--Germany has fallen. Their government passed a law REMOVING their Constitutional Rights. Police can n

When people feel like there 's something wrong but ca n't quite put their finger on it , it 's @ @ @ @ @ causing it .

#Germany has fallen. Their government passed a law REMOVING their Constitutional Rights. Police can now enter their homes for any reason. They have lost the right to assemble. It looks like hundreds of thousands are protesting in #Berlin
pic.twitter.com/6ZOrNJZXez
— ഡേവിന്ദർ ആനന്ദ് D K ANAND 🐅 (@DAVINDERANAND3) November 21, 2020


investmentwatchblog--2020-11-22--Peter Schiff: If covid didn’t hurt stocks, why should a vaccine help stocks? … Rick Rule: The gold b

Peter Schiff : If covid didn ’ t hurt stocks , why should a vaccine help stocks ?
… Rick @ @ @ @ @ market will explode , time to overweight on the miners … Doug Casey : It @ @ @ @ @ with civil war and Second Amendment rights at risk … Mike Maloney : Were the @ @ @ @ @ Great Reset ?
…

BY JOHN RUBINO
We are primarily funded by readers. Please subscribe and donate to support us!
Peter Schiff: If covid didn’t hurt stocks, why should a vaccine help stocks? … Rick Rule: The gold bull market will explode, time to overweight on the miners … Doug Casey: It’s going to end with civil war and Second Amendment rights at risk … Mike Maloney: Were the conspiracy theorists right about the Great Reset? …


investmentwatchblog--2020-11-22--The Great 2020 Bailout Bonanza

The Great 2020 Bailout Bonanza

Let us speak of megabanks and global corporations , chicanery and swine , and speak of how the great have feasted in the troughs of trillions dumped out by the present administration , congress , and the Fed , for 2020 makes the bailouts of the Great Recession look like childhood snacks .
Our story for the year begins back in January , well before the COVIDcrisis hit .
It is not a tale of bank bailouts but of banksters getting “ Get out of Jail Free ” cards just as an apropos starting point .
It took four years @ @ @ @ @ @ @ were “ arrested , ” so to speak , for creating ( of all things in this era of fake everything ) fake bank accounts at the end of the Obama administration — four years until penalties were meted out .
Eight senior executives were cuffed to $ 59 million in penalties .
John Stumpf , former CEO , took a $ 17.5 million whack on the hand from the hand of justice .
You may recall the crime : bank employees had been pushed to create millions of fake accounts in the @ @ @ @ @ @ @ customers knowing .
The bank , itself , paid billions in fines from bank money , but the crime instigators paid only millions .
Now , you might say , $ 59 mil is a lot of dough , even divided eight ways , but if you weigh Stumpf ’ s portions against his gains , as an example , he made off quite well .
Ordered to get out of Dodge , Stumpf was set to exit into early retirement with $ 130 million that he had amassed in stocks , cash @ @ @ @ @ @ @ of three decades of bank fraud .
$ 107 million of that was in the form of bank shares he had accumulated .
Of course , his fraudulent government of the bank had diminished his share value from an earlier high of $ 200 million , so he did take a hit from natural causes .
National outrage also pressed him to forego $ 45 million of the $ 130 million that would have been his retirement take .
More outrage stripped another $ 28 million from Stumpf ’ s parting package before @ @ @ @ @ @ @ doors of justice .
He still exited with more than $ 50 million in retirement parting value .
Senator Elizabeth Warren tried somewhat unsuccessfully to press Stumpf to repay every dime he had ever made from his years of running the crime operation called “ Wells Fargo.
” To frame it another way , Stumpf ’ s target pay package just for 2016 , his final year , was $ 19.3 million .
So , with fines of $ 17.5 million , he conceivably made a profit even in his final year of @ @ @ @ @ @ @ retirement parting gift .
So , crime still pays , even after it costs you something .
His replacement , by the way , received a 40 % bump in that pay package to talk him into working with Wells .
He ’ ll need that 40 % to cover his eventual crime fees if he follows the Wells ’ modus operandi .
While Stumpf was banned from ever working in banking again , he was old enough that he probably didn ’ t want to work any longer anyway .
More time @ @ @ @ @ @ @ is none of that tee-time was taken away by a pesky prison sentence .
So , that was a bonus !
That ’ s how Bloomberg News quoted one business services provider regarding the amount of money hedge funds had managed to scrape off the top of March ’ s bailouts in less than a month .
The April article noted that hedge funds and taken $ 350 billion in … Hedge funds , the often notorious big speculative losers in past years , suddenly saw money floating along like a smorgasbord on @ @ @ @ @ @ @ not from COVID but from years of bad bets .
Thank God the present bailouts , engineered by the administration ’ s Goldman Sucks US Treasurer , saved them .
Steven Munchkin ’ s party invites to the Hamptons would surely have suffered otherwise .
Where would he be next time he needed a swimming pool from which to text the world that he had called all the major US banks , as he did in December of 2018 , to make sure they had enough money to survive possible bank runs ?
@ @ @ @ @ @ @ profitable enough for hedge funds ?
I thought they were designed precisely for times such as we saw last March when the stock market plunged : My thoughts exactly .
The swine !
Hedge hogs not the only ones at the trough In an article title “ Wall Street feasts on federal coronavirus aid while Main Street starves , ” the New York Post said the bailout funds were designed perfectly to engorge Wall Street speculators .
Of course they were .
They were crafted by the Goldman sacks of excrement that float @ @ @ @ @ @ @ depression is slowly building .
The economy did no spring back in a full “ V , ” and now we are going back into new shutdowns to add additional damage when we haven ’ t even seen all the knock-on effects from the first shutdown .
Those have been forestalled by these bailouts accomplishing some of what they were intended to for as well as a lot of what they were supposedly not intended for ( although I ’ m sure the crafty ones knew exactly how they ’ d be utilized @ @ @ @ @ @ @ a V-shaped recovery .
The main economy did not .
Unemployment still beats any record during my lifetime .
The Federal Reserve targeted $ 10 trillion to go into the financial system if necessary in those early months of this whacked-out year , which would be a huge boon to stocks .
The crisis hit just in time to save some of the zombies that had managed to survive the Retail Apocalypse I wrote about for almost three years … from the time when it was faintly beginning .
Not just those who @ @ @ @ @ @ @ retail market , but even those who did so as that market was already entering decline .
Never let a good crisis go to waste when you can use it to save the rich and foolish .
Meanwhile , over on Main Street … Well , that ’ s what happens when you install tentacles of the vampire squid in the US Treasury .
Surprise , surprise .
Goldman made sacks of gold all over again in this crisis because the funds were administered through them and other major Wall Street banks .
@ @ @ @ @ @ @ ) That was said before riots broke out all over the nation .
As the article concludes , devils swarm in the details of rescue packages .
They also swarm at Goldman Sacks , the US Treasury , and the Federal Reserve .
Goldman sat in the government trough , but JP wallowed in there with them .
Bloomberg reported , Who woulda thought that , if you put Wall Street ’ s commercial banks in charge of administering all this free Fed float , they would give the boar ’ s share @ @ @ @ @ @ @ for them before looking out for the little guy ?
No one could have seen that coming .
Right ?
The income made from transacting the loans is why major banks were able to report such handsome profits in their quarterly earnings over the last couple of quarters , driving up their stock prices , even as the economy remained bogged in the mud .
Thus , these programs were also pass-through bailout to the major banks , which got bailed out first and foremost … again .
As I also reported in @ @ @ @ @ @ @ were quickly returned when public outrage came swiftly .
Many of those were not returned at all .
They morphed into government grants over time .
The big pigs were able to crowd up to the trough first because the programs were complicated and required teams of lawyers to apply , making it almost impossible for small businesses to even get in line .
So , yes JPM helped its ( big ) clients on a first-come-first-serve basis , and then promised that , if more funds became available , they would certainly @ @ @ @ @ @ @ too .
The sweetener in the deal was that the commercial banks got a percentage of the deal .
So , helping one business with a whale of a loan at 5 % or whatever the going rate was makes a lot more money a lot faster for a lot less work than helping a hundred smaller businesses .
So , you pick the low-hanging fruit first , then take care of the rest .
In the end , a lot of small businesses did get loans .
A lot didn ’ t @ @ @ @ @ @ @ bailouts should happen in such extraordinary circumstances , but many major global corporations that starved themselves for cash by doing stock buybacks to grossly enrich their stockholders who also suckled sweet dividends at high levels for years , ran squealing to government troughs all over the world .
They would have had enough to whether through tough times if they had not engorged themselves on their own fat for years .
So , let ’ s do take a look at how these 2020 bailouts compared to all previous bailouts in history on @ @ @ @ @ @ @ gets it : Where are the swine herders ?
Another big problem is that no one is watching over the hogs .
Bloomberg Law reported in June : But why would congress want watchdogs ?
Of course , they were slow in forming the oversight committee and could not agree .
After all … Congress sucks up part of the swill Some of the beneficiaries from this ocean of funds were owned in whole or in part by members of congress … and by the president … and their friends and family .
@ @ @ @ @ @ @ tied up in committee formation as long as possible .
Of course , I ’ m not suggesting any wrongdoing here .
( I don ’ t have to , it ’ s suggesting itself . )
When filling these hog troughs , people like Father Fed Powell and the Munchkin don ’ t ask , “ How can we design these programs so the big banks and major corporations don ’ t suck the sow ’ s share off the top ?
” Why would they do that when that is the @ @ @ @ @ @ @ in the litter as the sow steps all over them ?
Many in congress don ’ t ask that either .
You tell me why they wouldn ’ t .
There was a lot more feet in the slop than just those in congress : Trump ’ s Small Biz Rescue Bailed Out Kushner ’ s Family , Obama ’ s Aides and Other Political Elite It turns out that Trump ’ s pals weren ’ t the ones catching the windfall so much as Washington , D.C. ’ s well-off and well-connected @ @ @ @ @ @ @ six to seven-figure checks from the federal government ’ s Paycheck Protection Program in recent months were a fiscal responsibility advocacy organization run by anti-tax crusader Grover Norquist , a high-powered consulting firm run by former Secretary of State Madeleine Albright , the nonprofit headed by former Trump campaign official David Bossie , and a political strategy firm linked to two alumni of the Obama White House .
It turns out that Trump ’ s pals weren ’ t the ones catching the windfall so much as Washington , D.C. ’ s well-off @ @ @ @ @ @ @ entities cashing six to seven-figure checks from the federal government ’ s Paycheck Protection Program in recent months were a fiscal responsibility advocacy organization run by anti-tax crusader Grover Norquist , a high-powered consulting firm run by former Secretary of State Madeleine Albright , the nonprofit headed by former Trump campaign official David Bossie , and a political strategy firm linked to two alumni of the Obama White House… .
Businesses tied to the president ’ s son-in-law as well as members of Congress got taxpayer funds… .
The Observer was not the @ @ @ @ @ @ @ of the PPP program .
Two of the family ’ s New Jersey hotels also cashed in… .
Meanwhile , the conservative online media outlet founded by Trump confidante and Fox News host Tucker Carlson , the Daily Caller , received as much as $ 1 million .
Carlson sold his stake in the company on June 10 .
And Newsmax , the conservative TV network and website owned by another presidential confidante , Christopher Ruddy , got a loan worth $ 2 million to $ 5 million… .
Albright Stonebridge Group , @ @ @ @ @ @ @ the premier global strategy and commercial diplomacy firm , ” took a loan totaling between $ 2 million and $ 5 million… .
Notable campaign vendors on both sides of the political aisle also managed to secure PPP loans The article runs on and on with names .
Lesson to be learned … again You can ’ t expect big banks and other global corporations and members of congress and people with high administrative and congressional connections not to come running when Father Fed and Friends holler “ Sooooie !
” on a @ @ @ @ @ @ @ and taxpayer debt .

by David Haggith
Let us speak of megabanks and global corporations, chicanery and swine, and speak of how the great have feasted in the troughs of trillions dumped out by the present administration, congress, and the Fed, for 2020 makes the bailouts of the Great Recession look like childhood snacks.
Fargo banksters fail to forego illicit gains
Our story for the year begins back in January, well before the COVIDcrisis hit. It is not a tale of bank bailouts but of banksters getting “Get out of Jail Free” cards just as an apropos starting point.
It took four years from the time when Wells Fargo execs were “arrested,” so to speak, for creating (of all things in this era of fake everything) fake bank accounts at the end of the Obama administration — four years until penalties were meted out. Eight senior executives were cuffed to $59 million in penalties. John Stumpf, former CEO, took a $17.5 million whack on the hand from the hand of justice.
You may recall the crime: bank employees had been pushed to create millions of fake accounts in the names of Wells Fargo customers without the customers knowing. The bank, itself, paid billions in fines from bank money, but the crime instigators paid only millions. Now, you might say, $59 mil is a lot of dough, even divided eight ways, but if you weigh Stumpf’s portions against his gains, as an example, he made off quite well.
Ordered to get out of Dodge, Stumpf was set to exit into early retirement with $130 million that he had amassed in stocks, cash payouts and other compensation over the course of three decades of bank fraud. $107 million of that was in the form of bank shares he had accumulated.
Of course, his fraudulent government of the bank had diminished his share value from an earlier high of $200 million, so he did take a hit from natural causes. National outrage also pressed him to forego $45 million of the $130 million that would have been his retirement take. More outrage stripped another $28 million from Stumpf’s parting package before he got his butt safe out the doors of justice. He still exited with more than $50 million in retirement parting value.
Senator Elizabeth Warren tried somewhat unsuccessfully to press Stumpf to repay every dime he had ever made from his years of running the crime operation called “Wells Fargo.”
If @WellsFargo’s John Stumpf is leaving with all of his ill-gotten millions, that's still not real accountability. — Elizabeth Warren (@SenWarren) October 12, 2016
To frame it another way, Stumpf’s target pay package just for 2016, his final year, was $19.3 million. So, with fines of $17.5 million, he conceivably made a profit even in his final year of $1.8 million, not counting his retirement parting gift. So, crime still pays, even after it costs you something. His replacement, by the way, received a 40% bump in that pay package to talk him into working with Wells. He’ll need that 40% to cover his eventual crime fees if he follows the Wells’ modus operandi.
While Stumpf was banned from ever working in banking again, he was old enough that he probably didn’t want to work any longer anyway. More time for golf, and the best part is none of that tee-time was taken away by a pesky prison sentence. So, that was a bonus!
Hedge hogs wallowed in plenty
It’s a complete abomination. License to Blog
That’s how Bloomberg News quoted one business services provider regarding the amount of money hedge funds had managed to scrape off the top of March’s bailouts in less than a month.
The April article noted that hedge funds and taken $350 billion in …
bailout money intended to help cash-strapped small businesses in the throes of a deep recession wrought by the outbreak of COVID-19 … to cover everything from payroll to rent and utilities for hair salons, restaurants and other businesses that have been bludgeoned by forced closures.
Hedge funds, the often notorious big speculative losers in past years, suddenly saw money floating along like a smorgasbord on a life raft to save themselves — not from COVID but from years of bad bets.
Chamath Palihapitiya, chief executive of venture-capital firm Social Capital LP, last week argued that the Fed’s massive coronavirus stimulus package helps the ultrarich at the expense of ordinary American workers. “On Main Street today, people are getting wiped out right now — rich CEOs are not, boards that have horrible governance are not. People are,” Palihapitiya said…. “We’re talking about a hedge fund that serves a bunch of billionaire family offices. Who cares? They don’t get the summer in the Hamptons?… Who cares? Let them get wiped out.”
Thank God the present bailouts, engineered by the administration’s Goldman Sucks US Treasurer, saved them. Steven Munchkin’s party invites to the Hamptons would surely have suffered otherwise. Where would he be next time he needed a swimming pool from which to text the world that he had called all the major US banks, as he did in December of 2018, to make sure they had enough money to survive possible bank runs?
Shouldn’t the Coronacrash have been profitable enough for hedge funds? I thought they were designed precisely for times such as we saw last March when the stock market plunged:
In theory, the current environment for hedge funds should be favorable to stock picking, compared with the period that preceded this current environment, where hedge funds failed to outperform market benchmarks.
My thoughts exactly. The swine!
Hedge hogs not the only ones at the trough
In an article title “Wall Street feasts on federal coronavirus aid while Main Street starves,” the New York Post said the bailout funds were designed perfectly to engorge Wall Street speculators. Of course they were. They were crafted by the Goldman sacks of excrement that float in the swamp-filled White House.
Wall Street executives and analysts predict a tale of two economies: Wall Street traders will make money, while Main Street businesses face economic conditions not seen since the Great Depression.
That depression is slowly building. The economy did no spring back in a full “V,” and now we are going back into new shutdowns to add additional damage when we haven’t even seen all the knock-on effects from the first shutdown. Those have been forestalled by these bailouts accomplishing some of what they were intended to for as well as a lot of what they were supposedly not intended for (although I’m sure the crafty ones knew exactly how they’d be utilized).
I hope the money made on Wall Street trades will trickle down to small businesses when the economy opens up. But there is good reason to believe the trickle-down will be pretty thin. Wall Street may recover fast as the economy founders.
It did. Stocks saw a V-shaped recovery. The main economy did not. Unemployment still beats any record during my lifetime. The Federal Reserve targeted $10 trillion to go into the financial system if necessary in those early months of this whacked-out year, which would be a huge boon to stocks.
These trillions flowed into just about every corner of high finance; the Fed’s new programs even allowed it to buy up mortgage-backed securities pegged to strip malls that were teetering before the pandemic hit.
The crisis hit just in time to save some of the zombies that had managed to survive the Retail Apocalypse I wrote about for almost three years … from the time when it was faintly beginning.
You read that right: The Fed is now bailing out Wall Streeters who bet on strip malls.
Not just those who bet on strip malls in a crowded retail market, but even those who did so as that market was already entering decline. Never let a good crisis go to waste when you can use it to save the rich and foolish.
Meanwhile, over on Main Street …
The small-biz loans were … slow in coming because of confusion on how to administer the program. Thousands of small businesses applied, but many were turned away, even though they operated thriving companies.
Well, that’s what happens when you install tentacles of the vampire squid in the US Treasury.
Rapper Steve Mnuchin, US Treasurer at Large
Wall Street execs are scared. They vividly recall the last time economic bailouts were skewed to high finance in the aftermath of the 2008 banking crisis, when firms like Goldman Sachs began announcing record profits, largely on trading, when the Fed slashed rates while Main Street was mired in the Great Recession.
Surprise, surprise. Goldman made sacks of gold all over again in this crisis because the funds were administered through them and other major Wall Street banks. (More on that to follow.)
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The result was public scorn and the Occupy Wall Street movement. Wall Street fears that, given the manifestly unjust disparities now, the country could soon see social unrest not seen since the 1930s.
That was said before riots broke out all over the nation.
As the article concludes, devils swarm in the details of rescue packages. They also swarm at Goldman Sacks, the US Treasury, and the Federal Reserve.
JPMorgan hogs the show
Goldman sat in the government trough, but JP wallowed in there with them. Bloomberg reported,
JPMorgan Chase & Co. provided loans to virtually all of its commercial banking customers that sought financing through the small business relief program, while the lender’s smallest customers were almost entirely shut out, according to data disclosed by the bank…. Only 6% of smaller customers got paycheck-protection loans….
Who woulda thought that, if you put Wall Street’s commercial banks in charge of administering all this free Fed float, they would give the boar’s share to their biggest clients, watching out for them before looking out for the little guy? No one could have seen that coming. Right?
The income made from transacting the loans is why major banks were able to report such handsome profits in their quarterly earnings over the last couple of quarters, driving up their stock prices, even as the economy remained bogged in the mud. Thus, these programs were also pass-through bailout to the major banks, which got bailed out first and foremost … again.
As I also reported in articles last spring,
Restaurant chains, including Shake Shack Inc., Ruth’s Hospitality Group Inc., which operates Ruth’s Chris Steak House, and sandwich chain Potbelly Corp., received loans through JPMorgan.
Some of those were quickly returned when public outrage came swiftly. Many of those were not returned at all. They morphed into government grants over time.
“We helped our clients as they came to us and stand fully prepared to help tens of thousands more small businesses apply as soon as additional funds become available.”
The big pigs were able to crowd up to the trough first because the programs were complicated and required teams of lawyers to apply, making it almost impossible for small businesses to even get in line. So, yes JPM helped its (big) clients on a first-come-first-serve basis, and then promised that, if more funds became available, they would certainly be glad to help small businesses, too.
The sweetener in the deal was that the commercial banks got a percentage of the deal. So, helping one business with a whale of a loan at 5% or whatever the going rate was makes a lot more money a lot faster for a lot less work than helping a hundred smaller businesses.
Banks earned origination fees of 5% on loans of up to $350,000; 3% on loans between $350,000 and $2 million; and 1% on loans between $2 million and $10 million. That means they earned $17,500 for processing a $350,000 loan, compared with $100,000 for a $10 million loan.
So, you pick the low-hanging fruit first, then take care of the rest.
In the end, a lot of small businesses did get loans. A lot didn’t.
How big da pig?
I’m not saying no bailouts should happen in such extraordinary circumstances, but many major global corporations that starved themselves for cash by doing stock buybacks to grossly enrich their stockholders who also suckled sweet dividends at high levels for years, ran squealing to government troughs all over the world. They would have had enough to whether through tough times if they had not engorged themselves on their own fat for years.
So, let’s do take a look at how these 2020 bailouts compared to all previous bailouts in history on a global scale:
The point is that we are once more in too big to fail territory and the authorities are doing everything they can to minimise defaults in this crisis – defaults which somehow are nobody’s fault yet the world has never had more debt making it the most prone to even the smallest shock. As such to say that the aftermath of the coronacrisis is nobody’s fault is a borderline crime – it is the fault of everyone who believed that the Fed has made any future crashes impossible… starting with the Fed itself. After all who can forget Janet Yellen’s idiotic declaration that there will be no more crises in our lifetime. Zero Hedge
Even Crazy Cramer gets it:
The pandemic led to “one of the greatest wealth transfers in history.… I think we’re looking at a V-shaped recovery in the stock market, and that has almost nothing to do with a V-shaped recovery in the economy,” he said. “The companies that took the money just got a big break: they only need to spend 60% on their employees to get the loans forgiven, down from the original 75%.” CNBC
Where are the swine herders?
Another big problem is that no one is watching over the hogs. Bloomberg Law reported in June:
Trillions in Stimulus Go Unchecked With Watchdogs Kept Toothless. The U.S. has spent more than half of $3 trillion in economic rescue funds passed by Congress — with little of the oversight intended to ensure the money goes to the right places…. A special inspector general was only recently sworn in, a congressional panel still lacks a chairman and staff, and President Donald Trump quickly removed the official who was going to lead a separate accountability committee…. Mistrust in Washington is so deep that the oversight groups’ investigations are already mired in politics.
But why would congress want watchdogs? Of course, they were slow in forming the oversight committee and could not agree. After all …
Congress sucks up part of the swill
Some of the beneficiaries from this ocean of funds were owned in whole or in part by members of congress … and by the president … and their friends and family. So, better to keep the watchdogs tied up in committee formation as long as possible.
Of course, I’m not suggesting any wrongdoing here. (I don’t have to, it’s suggesting itself.)
When filling these hog troughs, people like Father Fed Powell and the Munchkin don’t ask, “How can we design these programs so the big banks and major corporations don’t suck the sow’s share off the top?” Why would they do that when that is the purpose? Who cares about the runts in the litter as the sow steps all over them?
Many in congress don’t ask that either. You tell me why they wouldn’t.
New data shows lawmakers secured millions in small-business aid. Companies linked to lawmakers and congressional caucuses have received at least $11 million in aid from the federal program that Congress created to help small businesses…. Members who have in some way benefited from the Paycheck Protection Program but were previously unknown include Rep. Rick Allen (R-Ga.), the founder of a construction company; Rep. Mike Kelly (R-Pa.), who owns several car dealerships; Rep. Kevin Hern (R-Okla.), the owner of multiple McDonald’s franchises; Rep. Markwayne Mullin (R-Okla.), who took over his family plumbing business; and Rep. Matt Cartwright (D-Pa.), whose wife is a partner at her family law firm…, including GOP Rep. Roger Williams of Texas, a wealthy businessman who owns auto dealerships, body shops and car washes, and Republican Rep. Vicky Hartzler of Missouri, whose family owns multiple farms and equipment suppliers across the Midwest. Politico
Ah, well, that’s small potato peels.
But the program’s connections to Congress, the majority of which were previously undisclosed, have raised new questions about the administration’s secrecy of the $670 billion program, as well as potential conflicts of interest as lawmakers prepare to craft the next coronavirus rescue package. The Paycheck Protection Program has faced transparency complaints and intense scrutiny over charges it was helping the well-connected after reports revealed that large corporations … were among the first to be awarded loans, while smaller businesses were stuck in line…. In May, Democrats tried to pry free the list of recipients, but their push in the House to require disclosure of at least some companies was blocked on the floor by Republicans — including Kelly, Allen, Hern, Mullin, Williams and Hartzler, who all voted against the bill.
There was a lot more feet in the slop than just those in congress:
Trump’s Small Biz Rescue Bailed Out Kushner’s Family, Obama’s Aides and Other Political Elite It turns out that Trump’s pals weren’t the ones catching the windfall so much as Washington, D.C.’s well-off and well-connected in general. Among the entities cashing six to seven-figure checks from the federal government’s Paycheck Protection Program in recent months were a fiscal responsibility advocacy organization run by anti-tax crusader Grover Norquist, a high-powered consulting firm run by former Secretary of State Madeleine Albright, the nonprofit headed by former Trump campaign official David Bossie, and a political strategy firm linked to two alumni of the Obama White House. It turns out that Trump’s pals weren’t the ones catching the windfall so much as Washington, D.C.’s well-off and well-connected in general. Among the entities cashing six to seven-figure checks from the federal government’s Paycheck Protection Program in recent months were a fiscal responsibility advocacy organization run by anti-tax crusader Grover Norquist, a high-powered consulting firm run by former Secretary of State Madeleine Albright, the nonprofit headed by former Trump campaign official David Bossie, and a political strategy firm linked to two alumni of the Obama White House…. Businesses tied to the president’s son-in-law as well as members of Congress got taxpayer funds…. The Observer was not the only Kushner family business to take advantage of the PPP program. Two of the family’s New Jersey hotels also cashed in…. Meanwhile, the conservative online media outlet founded by Trump confidante and Fox News host Tucker Carlson, the Daily Caller, received as much as $1 million. Carlson sold his stake in the company on June 10. And Newsmax, the conservative TV network and website owned by another presidential confidante, Christopher Ruddy, got a loan worth $2 million to $5 million…. Albright Stonebridge Group, the Albright firm that declares itself “the premier global strategy and commercial diplomacy firm,” took a loan totaling between $2 million and $5 million…. Notable campaign vendors on both sides of the political aisle also managed to secure PPP loans The Daily Beast
The article runs on and on with names.
In other words, there is still half a trillion sitting around in already-approved funds that never made it to small businesses and the unemployed who most need it because we take care of them last.
Lesson to be learned … again
You can’t expect big banks and other global corporations and members of congress and people with high administrative and congressional connections not to come running when Father Fed and Friends holler “Sooooie!” on a multi-trillion-dollar feeding frenzy of free Fed funds and taxpayer debt.
Almost daily, new major transactions are announced, many of them connected with “blank check” deals that help to generate lots of wealth, especially for the wealthy. The Federal Reserve has, once again, provided massive amounts of liquidity for the financial markets and like the period following the Great Recession that are being swooped up. So, wealth creation is being underwritten by the Fed once again, the worry being about the massive amounts of debt that are being created…. For quite a few years, my most popular article … was one entitled “Bernanke Is Underwriting the Wealthy.” Seeking Alpha
… what has been done will be done again; there is nothing new under the sun. Ecclesiastes 1:9


investmentwatchblog--2020-11-22--Logistics Experts: COVID-19 Marks End Of Globalization, Makes National Supply Chains Critical Infras

Logistics Experts: COVID-19 Marks End Of Globalization, Makes National Supply Chains Critical Infrastructure

( Natural News ) Logistics experts say that the Wuhan coronavirus pandemic will mark the end of globalization , paving the way for localized supply chains to be fundamental once more .
The industry survey , conducted by Bollore Logistics and Transport Intelligence , noted that 34 percent of the respondents agreed that the COVID-19 pandemic will signal the end of global supply chains , and local supply chains will be of utmost importance again .
Five percent of the survey ’ s respondents expressed strong agreement .
On the other hand , 27 percent disagreed with the statement and @ @ @ @ @ @ @ Despite the relatively even spread of results , it is remarkable that as many as 34 percent of respondents agree that the COVID-19 crisis will lead to the end of globalization , ” the authors of the report wrote .
In addition , the report mentioned that the figures were “ particularly striking , ” as the respondents were professionals who had “ witnessed the benefits of globalization first-hand.
” The firm interviewed 422 logistics professionals from Europe , Asia Pacific and North America between July and August 2020 .
More than half @ @ @ @ @ @ @ shippers that use air and sea forwarding services , while freight forwarders made up almost a fourth of the respondents .
Bolloré ’ s report described the pandemic as a once-in-a-generation disruption that impacted a global freight forwarding market already facing significant challenges , including the U.S.-China trade war and moves towards protectionism .
However , the respondents agreeing with COVID-19 ’ s effects on the logistics sector represented a significant change from the previous consensus .
When asked how the crisis would affect their supply chain strategy over the medium term , @ @ @ @ @ @ @ have a significant impact , 36 percent answered it would be moderate and 25 percent mentioned a slight effect .
Only two percent believed the crisis would have no effects on their supply chain strategies .
U.S. started developing domestic supply chain in bid towards self-sufficiency Given the effects of the COVID-19 pandemic on the global supply chain , more nations are sourcing raw materials within their borders to ensure manufacturing is not interrupted .
The Trump administration started to reinforce its local supply chain to reduce American dependence on imports for raw @ @ @ @ @ @ @ place , the country need not worry about other nations limiting their exports to the U.S. as leverage .
Even before the coronavirus pandemic , the U.S. has sought to minimize its dependence on imports from other countries – especially China .
Just this September , lawmakers from Texas introduced the Reclaiming American Rare Earths ( RARE ) Act .
In a statement , Rep. Lance Gooden of Texas ’ s 5th District said that the bill would ensure “ resource independence.
” Meanwhile , Rep. Vicente Gonzalez of the state ’ s @ @ @ @ @ @ @ bill would allow the country to develop a reliable domestic supply of rare earth elements and other critical materials .
Rare earth metals are used to manufacture consumer electronics , military equipment and defense products .
The Department of Interior released a list of 35 critical minerals essential to the country ’ s economic and national security in May 2018 , with a number of rare earth minerals included .
China holds a monopoly on the export of these rare earths , which some lawmakers called “ troubling.
” Before the bill , @ @ @ @ @ @ @ local supply chain for rare earth minerals – even dating back to the term of former President Barack Obama .
However , these did not lead to any concrete outcome .
If the RARE Act is signed into law , the U.S. will not need to worry about supply chain disruptions , since a domestic supply chain will ensure uninterrupted manufacturing .

by Ramon Tomey via Natural News
(Natural News) Logistics experts say that the Wuhan coronavirus pandemic will mark the end of globalization, paving the way for localized supply chains to be fundamental once more. The industry survey, conducted by Bollore Logistics and Transport Intelligence, noted that 34 percent of the respondents agreed that the COVID-19 pandemic will signal the end of global supply chains, and local supply chains will be of utmost importance again. Five percent of the survey’s respondents expressed strong agreement. On the other hand, 27 percent disagreed with the statement and six percent expressed strong disagreement.
“Despite the relatively even spread of results, it is remarkable that as many as 34 percent of respondents agree that the COVID-19 crisis will lead to the end of globalization,” the authors of the report wrote.
In addition, the report mentioned that the figures were “particularly striking,” as the respondents were professionals who had “witnessed the benefits of globalization first-hand.”
The firm interviewed 422 logistics professionals from Europe, Asia Pacific and North America between July and August 2020. More than half of the respondents represented retail and manufacturing shippers that use air and sea forwarding services, while freight forwarders made up almost a fourth of the respondents.
Bolloré’s report described the pandemic as a once-in-a-generation disruption that impacted a global freight forwarding market already facing significant challenges, including the U.S.-China trade war and moves towards protectionism. However, the respondents agreeing with COVID-19’s effects on the logistics sector represented a significant change from the previous consensus.
When asked how the crisis would affect their supply chain strategy over the medium term, 37 percent of respondents said it would have a significant impact, 36 percent answered it would be moderate and 25 percent mentioned a slight effect. Only two percent believed the crisis would have no effects on their supply chain strategies.
U.S. started developing domestic supply chain in bid towards self-sufficiency
Given the effects of the COVID-19 pandemic on the global supply chain, more nations are sourcing raw materials within their borders to ensure manufacturing is not interrupted. The Trump administration started to reinforce its local supply chain to reduce American dependence on imports for raw materials. With this supply chain in place, the country need not worry about other nations limiting their exports to the U.S. as leverage.
Even before the coronavirus pandemic, the U.S. has sought to minimize its dependence on imports from other countries – especially China.
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Just this September, lawmakers from Texas introduced the Reclaiming American Rare Earths (RARE) Act. In a statement, Rep. Lance Gooden of Texas’s 5th District said that the bill would ensure “resource independence.” Meanwhile, Rep. Vicente Gonzalez of the state’s 15th District seconded Gooden, saying the bill would allow the country to develop a reliable domestic supply of rare earth elements and other critical materials.
Rare earth metals are used to manufacture consumer electronics, military equipment and defense products. The Department of Interior released a list of 35 critical minerals essential to the country’s economic and national security in May 2018, with a number of rare earth minerals included. China holds a monopoly on the export of these rare earths, which some lawmakers called “troubling.”
Before the bill, efforts have been made to develop a local supply chain for rare earth minerals – even dating back to the term of former President Barack Obama. However, these did not lead to any concrete outcome.
If the RARE Act is signed into law, the U.S. will not need to worry about supply chain disruptions, since a domestic supply chain will ensure uninterrupted manufacturing.
Sources include:
CIPS.org
Gooden.House.gov
FederalRegister.gov


investmentwatchblog--2020-11-22--In sworn statement, prominent mathematician flags up to 100,000 Pennsylvania ballots

Via Just The News In a sworn declaration , a respected mathematician says his analysis of election data and phone interviews with Pennsylvania voters raises questions about as many as 100,000 absentee ballots requested in the key battleground state where President Trump and Joe Biden are separated by just about 82,000 votes .
Williams College Professor Steven Miller , a Yale and Princeton trained math expert , said he analyzed Pennsylvania ballot data collected by former Trump campaign data chief Matt Braynard as well as 2,684 voter interviews conducted by a phone bank and found two concerning patterns .
One @ @ @ @ @ @ @ , the other ballots that appeared to be requested by someone other than a registered voter .
“ I estimate that the number of ballots that were either requested by someone other than the registered Republican or requested and returned but not counted range from 89,397 to 98,801 , ” Miller said in the sworn statement provided to Just the News .
According to Pennsylvania state data for early and absentee ballot requests , there are roughly 165,000 ballots requested in the names of registered GOP voters that had not been counted as @ @ @ @ @ @ @ Chairman Trey Trainor told Just the News that Miller ’ s analysis provides fresh evidence of potential voter fraud in the 2020 presidential election .
“ This data , which is provided by an expert witness , who would be qualified in almost any court in the country , adds to the conclusions that some level of voter fraud took place in this year ’ s election , ” Trainor said .
“ Therefore , the rush to certify results that are this suspicious from places with known election violations would nullify millions @ @ @ @ @ @ @ individual voters.
” The Pennsylvania Department of State ’ s office did not immediately respond to a request for comment on Thursday evening .
In addition to his two base estimates , Miller also offered two estimates with broader ranges and higher confidence intervals .
“ Almost surely , the number of ballots requested by someone other than the registered Republican is between 37,001 and 58,914 , ” Miller writes .
“ Almost surely the number of ballots requested by registered Republicans and returned but not counted is in the range from 38,910 @ @ @ @ @ @ @ director of the Voter Integrity Project , which conducted the survey , said Miller ’ s conclusions are “ indicative of a kind of problem that we ’ re seeing not just in Pennsylvania but in many of the other states that are determining the outcome of this election.
” “ We ’ re sharing our data for the other states so that Professor Miller can conduct a similar analysis on them , ” he told Just the News on Thursday .
“ I look forward to seeing the results.
” Miller ’ @ @ @ @ @ @ @ have described what appear to be widespread irregularities in the voting process there .
Voters in that state described to Just the News receiving absentee ballots in spite of having not requested them ; when they showed up at their polling place , they were required to vote with provisional ballots .
In some cases , mail-in ballots that went unmailed were still listed as “ pending ” on the state ’ s ballot tracking website as of this week .
A record number of Americans voted by mail in the 2020 election @ @ @ @ @ @ @ places could become superspreader events for COVID-19 .
Major get-out-the-vote campaigns sought to familiarize voters with the mail-in process for both the primary and general elections , though numerous issues were reported over the course of the year , including multiple absentee ballots mailed to individual voters , ballots being mailed to dead voters , and votes appearing to go uncounted well after Election Day .

Via Just The News
In a sworn declaration, a respected mathematician says his analysis of election data and phone interviews with Pennsylvania voters raises questions about as many as 100,000 absentee ballots requested in the key battleground state where President Trump and Joe Biden are separated by just about 82,000 votes.
Williams College Professor Steven Miller, a Yale and Princeton trained math expert, said he analyzed Pennsylvania ballot data collected by former Trump campaign data chief Matt Braynard as well as 2,684 voter interviews conducted by a phone bank and found two concerning patterns. One involved possible votes that were not counted, the other ballots that appeared to be requested by someone other than a registered voter.
“I estimate that the number of ballots that were either requested by someone other than the registered Republican or requested and returned but not counted range from 89,397 to 98,801,” Miller said in the sworn statement provided to Just the News.
According to Pennsylvania state data for early and absentee ballot requests, there are roughly 165,000 ballots requested in the names of registered GOP voters that had not been counted as of Nov. 16.
Federal Election Commission Chairman Trey Trainor told Just the News that Miller’s analysis provides fresh evidence of potential voter fraud in the 2020 presidential election.
“This data, which is provided by an expert witness, who would be qualified in almost any court in the country, adds to the conclusions that some level of voter fraud took place in this year’s election,” Trainor said.
“Therefore, the rush to certify results that are this suspicious from places with known election violations would nullify millions of votes that were legally cast by individual voters.”
The Pennsylvania Department of State’s office did not immediately respond to a request for comment on Thursday evening.
We are primarily funded by readers. Please subscribe and donate to support us!
In addition to his two base estimates, Miller also offered two estimates with broader ranges and higher confidence intervals. “Almost surely, the number of ballots requested by someone other than the registered Republican is between 37,001 and 58,914,” Miller writes. “Almost surely the number of ballots requested by registered Republicans and returned but not counted is in the range from 38,910 to 56,483.”
Matt Braynard, the director of the Voter Integrity Project, which conducted the survey, said Miller’s conclusions are “indicative of a kind of problem that we’re seeing not just in Pennsylvania but in many of the other states that are determining the outcome of this election.”
“We’re sharing our data for the other states so that Professor Miller can conduct a similar analysis on them,” he told Just the News on Thursday. “I look forward to seeing the results.”
Miller’s analysis comes after numerous Pennsylvania voters have described what appear to be widespread irregularities in the voting process there.
Voters in that state described to Just the News receiving absentee ballots in spite of having not requested them; when they showed up at their polling place, they were required to vote with provisional ballots.
In some cases, mail-in ballots that went unmailed were still listed as “pending” on the state’s ballot tracking website as of this week.
A record number of Americans voted by mail in the 2020 election, driven by concerns that crowded polling places could become superspreader events for COVID-19.
Major get-out-the-vote campaigns sought to familiarize voters with the mail-in process for both the primary and general elections, though numerous issues were reported over the course of the year, including multiple absentee ballots mailed to individual voters, ballots being mailed to dead voters, and votes appearing to go uncounted well after Election Day.


investmentwatchblog--2020-11-22--A tightens COVID-19 mask restrictions, face coverings must be worn outdoors at all times ASS per Gav

A tightens COVID-19 mask restrictions, face coverings must be worn outdoors at all times ASS per Gavin Newsome in calkifornia

SAN FRANCISCO ( KGO ) — In an effort to curb the spread of rising COVID-19 cases , Governor Gavin @ @ @ @ @ California is “ pulling the emergency brake ” by moving 40 counties back to more @ @ @ @ @ the face mask rules in the state .
In a new update , people must @ @ @ @ @ all times when outside the home , even if exercising , if they are within @ @ @ @ @ in their household .

SAN FRANCISCO (KGO) — In an effort to curb the spread of rising COVID-19 cases, Governor Gavin Newsom said on Monday that California is “pulling the emergency brake” by moving 40 counties back to more restrictive reopening tiers and tightening the face mask rules in the state.
In a new update, people must wear a face covering at all times when outside the home, even if exercising, if they are within 6 feet of others not in their household.
We are primarily funded by readers. Please subscribe and donate to support us!
abc7news.com/california-coronavirus-updates-face-mask-guidelines-ca-covid-governor-gavin-newsom-update/8045692/


investmentwatchblog--2020-11-22--‘No evidence’ that asymptomatic Covid-19 cases were infectious, analysis of post-lockdown Wuhan conc

‘No evidence’ that asymptomatic Covid-19 cases were infectious, analysis of post-lockdown Wuhan concludes

Why now are they saying this ?
?
?
So , if not asymptomatic people , WHO were spreading the @ @ @ @ @ ?
WAS IT AN AGENDA ?
?
?
There is “ no evidence that the @ @ @ @ @ infectious , ” the paper said , adding that the results of the massive screening @ @ @ @ @ “ adjust prevention and control strategies in the post-lockdown period.
” The analysis seems to @ @ @ @ @ released during the screening program .
Professor Lu Zuxun , from Wuhan ’ s Huazhong @ @ @ @ @ , said back in June that there was currently no evidence that asymptomatic people were @ @ @ @ @ people , but cautioned at the time against drawing broad conclusions

This seems odd…
Why now are they saying this???
So, if not asymptomatic people, WHO were spreading the virus…who was it???
WAS IT FEAR???
WAS IT AN AGENDA???
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There is “no evidence that the identified asymptomatic positive cases were infectious,” the paper said, adding that the results of the massive screening program could help health authorities “adjust prevention and control strategies in the post-lockdown period.”
The analysis seems to confirm preliminary findings that were released during the screening program. Professor Lu Zuxun, from Wuhan’s Huazhong University of Science & Technology, said back in June that there was currently no evidence that asymptomatic people were passing the virus to other people, but cautioned at the time against drawing broad conclusions
www.rt.com/news/507402-wuhan-asymptomatic-cases-coronavirus-study/
h/t COVID19


investmentwatchblog--2020-11-22--“CNN sucks!” chants from the crowd gathered outside of CNN HQ in Atlanta

When electric cars and trucks rule the world , everything will stop dead when it gets cold outside

“CNN sucks!” chants from the crowd gathered outside of CNN Headquarters in Atlanta #Atlanta #CNN #Georgia pic.twitter.com/bkscK6QvRp
The other guys
BREAKING: Cops being attacked in lobby of CNN HQ in Atlanta; CNN newsroom employees are locked down floors above riot pic.twitter.com/0PovSj3bUj
— ❌🇺🇸TRUMPGIRL🇺🇸 (@ThomLillyLayne) May 30, 2020


investmentwatchblog--2020-11-22--Georgia BOMBSHELL Edison Data Analysis – BIDEN takes MINIMUM 98% of a 23,487 vote batch at 12:18AM –

Georgia BOMBSHELL Edison Data Analysis – BIDEN takes MINIMUM 98% of a 23,487 vote batch at 12:18AM – Impossible!

• Biden ’ s lead in Georgia is only 12,781 votes .
• This analysis is based on official timestamped election night data from Edison Research which was obtained from the NYT website .
• This batch of 23,487 votes went , at an absolute minimum accounting for all decimal places , 97.9779 % for Biden .
• This batch was uploaded at 12:18AM EST on Nov 4 ( election results began the evening of Nov 3 ) .
• This is not a case of updating one candidate at a time ; we can see from looking at the @ @ @ @ @ @ @ any corresponding entries .
• According to official data released by the state of Georgia , the county in which Biden received the highest percentage of total absentee by mail votes was Dekalb County at 86.39 % .
• That makes this batch of votes extremely suspect , even if every single allowance is made with the minimum number of votes gained and assuming it ’ s 100 % mail in from the most heavily D county .
The ballots that comprised this batch should and must be obtained and independently audited ( @ @ @ @ @ @ @ as soon as possible .
Nine witnesses of the recently completed Georgia audit including at least one registered Democrat swore to have seen suspiciously pristine , uncreased mail ballots , uniformly and perfectly filled out , almost always for Biden .
In one case , a batch of such ballots included 500 ballots in a row all cast for Biden .
Is there a relation ?

WATCH THE FIRST MINUTE
STRONG EVIDENCE OF FRAUD
Biden’s lead in Georgia is only 12,781 votes.
This analysis is based on official timestamped election night data from Edison Research which was obtained from the NYT website.
This batch of 23,487 votes went, at an absolute minimum accounting for all decimal places, 97.9779% for Biden.
This batch was uploaded at 12:18AM EST on Nov 4 (election results began the evening of Nov 3).
This is not a case of updating one candidate at a time; we can see from looking at the surrounding batches that Trump did not receive any corresponding entries.
According to official data released by the state of Georgia, the county in which Biden received the highest percentage of total absentee by mail votes was Dekalb County at 86.39%.
That makes this batch of votes extremely suspect, even if every single allowance is made with the minimum number of votes gained and assuming it’s 100% mail in from the most heavily D county.
The ballots that comprised this batch should and must be obtained and independently audited (i.e. not by city officials) as soon as possible.
We are primarily funded by readers. Please subscribe and donate to support us!
Nine witnesses of the recently completed Georgia audit including at least one registered Democrat swore to have seen suspiciously pristine, uncreased mail ballots, uniformly and perfectly filled out, almost always for Biden. In one case, a batch of such ballots included 500 ballots in a row all cast for Biden. Is there a relation?
www.theepochtimes.com/georgia-recount-witnesses-saw-trump-votes-counted-for-biden-batches-of-suspicious-mail-ballots_3585027.html
h/t take-no-part


investmentwatchblog--2020-11-22--US politics until 2016 – a picture worth a 1000 words:

Only one of the things in this picture is illegal in Oregon

You can’t understand contemporary politics until you realize these people are from the same party pic.twitter.com/5rnt6t5U8R
— Jack Posobiec 🇺🇸 (@JackPosobiec) November 22, 2020