On June 6, 2023, the Securities and Exchange Commission (SEC) filed charges against Coinbase, a crypto trading platform, alleging that the company was operating as an unregistered securities broker.
First, you start out doing it because there’s nothing to stop you. Then even when they try to stop you, you quickly open up your wallet. What’s happening right now is very much like 1929. The Rich had bought everything then too. And forced the little guy out, which meant that the ordinary citizen no longer had enough money to buy way, way, way over-valued stock.
Like 1929, when the people who fund this economy, the ordinary worker, can no longer buy stuff, the bottom falls out. Because we have a middle class based economy.
Why is it always that the rich thing the ordinary person doesn’t work hard and can be dismissed. Oh how wrong they are! We start with kicking people out of the government, which are trying to keep track of a fair deal for every buyer.
When too much money goes to the top, the truly rich cannot spend enough money on ordinary things to make the rest of the economy work. And that’s when the bottom falls out.
We are looking at a repeat of 1929. The truly rich were running the US government. The middle class which ran the economy was suffering. Stocks were overvalued. When the economy no longer had enough money to buy ordinary things everything fell apart.
That’s where we’re headed right now. It starts by laying off government employees who supposedly don’t do enough. When the middle class starts shrinking, we’re looking at a recession. If we’re lucky, they don’t continue to fire people, because then there is no one in the middle class to support the economy. Rich people cannot buy enough of ordinary things to make up for it.
So, a foreign power may deposit a billion or more into his coin, or Melania’s don’t forget, and it’s an untraceable bribe. He’s shaking them down with tarriffs and then letting them go with an untraceable deposit. Keep breaking the news Judd and Rebecca!! Thank you for the straight dope free of commentary.
It really is a full blown coup! Every aspect of our government has been degraded and no longer serves the people, but rapacious corporations and all sorts of evil doers. Even MSNBC rolled over and fired all black and Muslim commentators. But don’t worry…Morning Joe is safe. The military is no longer on our side. There are no protections against this. It’s only a matter of time before troops will be sent out against protesters…our only chance to try and stop this.
I’m officially terrified and gobbling antidepressants.
The depth of expertise gathered by Judd and Rebecca astounds me. Brian Armstrong and this empty souled group of money obsessed has been gathering millions while most of the rest of us struggle with increasing costs. What kind of a country could this turn out to be? One that none of us would fit into or want to be a part of. We hear of actions in the courts ruling against all of Trump's and Elon's elimination of our government agencies and functions. And, the more the citizens learn of what those in charge and their sycophantic Republicans are dismantling, the larger and more widespread these Town Hall and voices of all people, both R and D, are making themselves heard. So, there IS HOPE!
You must not have seen the woman speaking out at a town meeting being dragged out by an unmarked, black uniformed security person. She was voicing opposition. There will be none of that any longer!
Yes that’s the word among workers rank and file. I’m going to see if I’m due a refund. If I am I won’t hold my breath I get it. They won’t be done till they pick my bones clean. Definitely reducing the amount of taxes withheld starting today.
The worst part here is that I don't expect much, if any, push to regulate the cryptocurrency sector. Assuming they even understand crypto, a significant portion of Democrats don't want to cut themselves off from its auspices. When your primary function is fundraising for the next election, money speaks all the louder.
Thanks Judd. In Dark Money, Jane Mayer told the story of how one of the rich people challenged tax laws they did not like and eventually got them weakened. Always follow the money and greed.
I am reading Navalny's memoir "Patriot" and he became notable in Russia by doing what Popular Information is doing - getting the facts and publishing videos and facts about the horrendous corruption taking place with Putin and his oligarchs. People were largely disinformed or not informed at all about the corrupt actions of Putin and his oligarchs, so many did not realize the cause of their poverty and pain. When Navalny revealed the corruption, many demanded change. Trump admires and supports Putin because he wants to have the same brutal corruption system here to benefit himself. The corruption, greed, and power in the U.S. may not have BEEN as corrupt as Russia but Trump/Musk are taking us there as quickly as they can. Many are blindly trusting the Constitution that Trump/Musk tore up to save us. Greed and power is a drug that cannot be stopped by policies but must be stopped by people. We need Popular Information to help the people see reality and corruption.
This news on how manipulated the country is from the people running Coinbase and enriching Trump just left me sick. Trump is getting all these windfalls while others are left jobless because of him. Doesn't that just twist peoples souls?
I woke up last night thinking that since the muskovites have all our SS# and thus bank account info that they were planning to deduct $$$$ from each and every one to fund a USA coin, for which of course D & M would get transaction fee
How to get rich doing illegal activity?
Make it legal. When you own the law it is easy.
First, you start out doing it because there’s nothing to stop you. Then even when they try to stop you, you quickly open up your wallet. What’s happening right now is very much like 1929. The Rich had bought everything then too. And forced the little guy out, which meant that the ordinary citizen no longer had enough money to buy way, way, way over-valued stock.
Like 1929, when the people who fund this economy, the ordinary worker, can no longer buy stuff, the bottom falls out. Because we have a middle class based economy.
Why is it always that the rich thing the ordinary person doesn’t work hard and can be dismissed. Oh how wrong they are! We start with kicking people out of the government, which are trying to keep track of a fair deal for every buyer.
When too much money goes to the top, the truly rich cannot spend enough money on ordinary things to make the rest of the economy work. And that’s when the bottom falls out.
We are looking at a repeat of 1929. The truly rich were running the US government. The middle class which ran the economy was suffering. Stocks were overvalued. When the economy no longer had enough money to buy ordinary things everything fell apart.
That’s where we’re headed right now. It starts by laying off government employees who supposedly don’t do enough. When the middle class starts shrinking, we’re looking at a recession. If we’re lucky, they don’t continue to fire people, because then there is no one in the middle class to support the economy. Rich people cannot buy enough of ordinary things to make up for it.
Here we go, people. The slide begins.
Nothing to see here. These aren’t the frauds you are looking for. Move along.
Snark
And why exactly do you make this statement?
I believe the answer is “sarcasm”.
So, a foreign power may deposit a billion or more into his coin, or Melania’s don’t forget, and it’s an untraceable bribe. He’s shaking them down with tarriffs and then letting them go with an untraceable deposit. Keep breaking the news Judd and Rebecca!! Thank you for the straight dope free of commentary.
It really is a full blown coup! Every aspect of our government has been degraded and no longer serves the people, but rapacious corporations and all sorts of evil doers. Even MSNBC rolled over and fired all black and Muslim commentators. But don’t worry…Morning Joe is safe. The military is no longer on our side. There are no protections against this. It’s only a matter of time before troops will be sent out against protesters…our only chance to try and stop this.
I’m officially terrified and gobbling antidepressants.
The depth of expertise gathered by Judd and Rebecca astounds me. Brian Armstrong and this empty souled group of money obsessed has been gathering millions while most of the rest of us struggle with increasing costs. What kind of a country could this turn out to be? One that none of us would fit into or want to be a part of. We hear of actions in the courts ruling against all of Trump's and Elon's elimination of our government agencies and functions. And, the more the citizens learn of what those in charge and their sycophantic Republicans are dismantling, the larger and more widespread these Town Hall and voices of all people, both R and D, are making themselves heard. So, there IS HOPE!
You must not have seen the woman speaking out at a town meeting being dragged out by an unmarked, black uniformed security person. She was voicing opposition. There will be none of that any longer!
There have been hundreds of Town Hall Meetings without anyone being dragged out for voicing opposition.
Here it is:
https://www.youtube.com/watch?v=-lxu3Ff_s14&ab_channel=KTVB
Why do we have to pay federal taxes this year if we aren’t being represented? Asking for millions of friends.
Yes that’s the word among workers rank and file. I’m going to see if I’m due a refund. If I am I won’t hold my breath I get it. They won’t be done till they pick my bones clean. Definitely reducing the amount of taxes withheld starting today.
I am not personally interested in contributing a penny to Musk's rocket to Mars, nor the Musk-owned colony he hopes to build there.
The worst part here is that I don't expect much, if any, push to regulate the cryptocurrency sector. Assuming they even understand crypto, a significant portion of Democrats don't want to cut themselves off from its auspices. When your primary function is fundraising for the next election, money speaks all the louder.
Disgusting!
Thanks Judd. In Dark Money, Jane Mayer told the story of how one of the rich people challenged tax laws they did not like and eventually got them weakened. Always follow the money and greed.
Money talks and the rest of us take the bus.
or walk
MAGA gangster governance & fascist fantasies: https://www.youtube.com/watch?v=kjruPKgjRpc
Don’t let the bastards grind you down: https://www.youtube.com/watch?v=29CLvC6bY-o. #Resist
I fear for Sheldon Whitehouse's life.
https://abcnews.go.com/International/navalny-long-history-russian-poisonings/story?id=72579648
I am reading Navalny's memoir "Patriot" and he became notable in Russia by doing what Popular Information is doing - getting the facts and publishing videos and facts about the horrendous corruption taking place with Putin and his oligarchs. People were largely disinformed or not informed at all about the corrupt actions of Putin and his oligarchs, so many did not realize the cause of their poverty and pain. When Navalny revealed the corruption, many demanded change. Trump admires and supports Putin because he wants to have the same brutal corruption system here to benefit himself. The corruption, greed, and power in the U.S. may not have BEEN as corrupt as Russia but Trump/Musk are taking us there as quickly as they can. Many are blindly trusting the Constitution that Trump/Musk tore up to save us. Greed and power is a drug that cannot be stopped by policies but must be stopped by people. We need Popular Information to help the people see reality and corruption.
This news on how manipulated the country is from the people running Coinbase and enriching Trump just left me sick. Trump is getting all these windfalls while others are left jobless because of him. Doesn't that just twist peoples souls?
Trump Administration: Regulation is for suckers! I'll catch anything illegal happening, (and be sure to profit from it.)
Kash and Carry politics. Almost impossible for Trump to be charged or prosecuted for any crime.
I don't care if he's charged. I care that he's stealing it from us! Our safety; our security; our livelihoods; our future!
I can hardly wait for Bitcoin to replace the dollar as the World’s monetary standard. Won’t that be interesting?
I woke up last night thinking that since the muskovites have all our SS# and thus bank account info that they were planning to deduct $$$$ from each and every one to fund a USA coin, for which of course D & M would get transaction fee
That's why we're opening new accounts and using the old ones just for taxes and such.
The Chinese would like to have a word about that.