Vice Chair Fed Resigns as Pandemic Trading Indicts Him

Vice Chair Fed Resigns as Pandemic Trading Indicts Him

Ivo Fysic January 11, 2022

Nancy Pelosi thinks politicians using insider knowledge to trade in the markets and turn their 200Kwhatever a year salary into an empire of tens, sometimes hundreds of millions. The Fed Vice Chair Richard Clarida allegedly thinks that should also apply to all government officials, not just our elected royalty (which was new to me, but Nancy set me straight).

Allegedly, he has been making some insider trading type trades during the pandemic, which shocks no one that it happened in government during this time.

The only thing that might be shocking is which of the many government grifters would be shaken from the tree as a sacrifice to the rest of the bad apples still hanging over us all from their gilded branches.

Fed Vice Chair Clarida to step down early following scrutiny over his trades during pandemic

From www.cnbc.com
2022-01-10 21:28:44

Excerpt:

Federal Reserve Vice Chairman Richard Clarida said Monday he will be leaving his post with just a few weeks left on his term and amid revelations regarding his trading of stock funds.

In an announcement released Monday afternoon, Clarida said he will be stepping down from his post this Friday. His term expires on Jan. 31.

The move comes following additional disclosures regarding trades Clarida made in February 2020, around the time when the Fed was getting ready to roll out what eventually would become its most aggressive policy tools ever, in an effort to combat the Covid crisis.

“Rich’s contributions to our monetary policy deliberations, and his leadership of the Fed’s first-ever public review of our monetary policy framework, will leave a lasting impact in the field of central banking,” Fed Chairman Jerome H. Powell said in a statement. “I will miss his wise counsel and vital insights.”

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Pope Francis Calls Leftists Ideological Colonizers

Parker Davis January 11, 2022

Every leftist’s favorite Pope, Francis, recently upset the balance of the universe in a speech he gave on Monday, January 10th, in which he referred to ‘cancel culture’ as a ‘form of ideological colonization.’ He used the language of the left right there to attack the left.
The move, to me, seems to indicate a very real shift among the opportunist leftist elites to begin the process of backing out of the rabid pack dog culting they’ve been laying down.
There are a number of possible reasons for this, but I believe it is most likely an indication their AI and deep learning algorithms are all spitting out, ‘they’re not breaking, but they’re about to turn on your rabid dogs, and then you.’
With that in mind, the pragmatic left will tell the rabid pack dogs, it’s time to let a little slack out of the line, let the prey run, don’t worry, we’ll set you loose again.’
Only it might not be so easy to stop these rabid pack dogs as many of them have created a very nice living for themselves whipping the dogs to kill, so to speak.

Pope warns ‘cancel culture’ is ‘form of ideological colonization’ – National

From globalnews.ca
2022-01-10 20:45:53

Excerpt:

Pope Francis on Monday warned against attempts to cancel culture, decrying “one-track thinking” he said attempts to deny or rewrite history according to today’s standards.

Francis made his comments in an address to diplomats, the main thrust of which was the condemnation of “baseless” ideological misinformation about COVID-19 vaccines, the backing of national immunization campaigns and calling health care a moral obligation.

He spoke of the crisis of trust in multi-lateral diplomacy, which he said has led to “agendas increasingly dictated by a mindset that rejects the natural foundations of humanity and the cultural roots that constitute the identity of many peoples.”

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Critical Race Theory Gets $7 Million At Expense of Disabled in NC School

Ivo Fysic January 11, 2022

The Anti-American Neo-Marxianesque cult teachings of Critical Race Theory are apparently more essential to an American school board than taking care of disabled preschoolers in the school district.
A school in North Carolina has decided to do just that, according to documents obtained by the Daily Wire. Let’s see if the parents of that school district are pleased with the decisions of this anti-American school board serving in an American republic.

School Board Spends $7M for Disabled Preschoolers on CRT

From www.louderwithcrowder.com
2022-01-10 20:22:34
Joseph Gunderson
Excerpt:

In a move that should infuriate every rational American, and especially the citizens of North Carolina, the state school board voted on January 5 to approve spending $7 million to provide “Equity and Cultural Responsiveness in the Early Childhood Classroom,” reports Luke Rosiak over at The Daily Wire.

“The money for handicapped preschoolers ultimately came from the federal Department of Education’s Office of Special Education Programs. The grant went to the University of North Carolina Frank Porter Graham Child Development Institute.”

A presentation provided to describe the focus of the contract describes several tenets of Critical Race Theory, an element of public education pedagogy that has become increasingly unpopular with parents over the past few years, so much so that parents have been lining up to tear school boards to shreds over it and other forms of radical politicization in the classroom.

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Financial Aid Wealth Redistribution Plan by US Universities Exposed?

Mark Clouse January 11, 2022

It appears as many as 170,000 former undergraduate students who recevied some form of partial financial aid may be eligible to compensation from the Universities they attended.

According to the Wall Street Journal, American Universities, including Harvard and Yale, have been allegedly weighting consideration of a student’s ability to potentially pay off a loan to how much money they receive in financial aid.

The suit alleges that students who were deemed to be more likely to pay got less financial aid. If true, it sounds like these Neo-Marxianesque institutions of thought control have illegally engaged in redistributing wealth. This fits perfectly with their institutional values. The problem is, that financial aid was coming from American taxpayers, not the Chinese Communist Party.

Top US universities accused of illegally limiting financial aid | Education News

From www.aljazeera.com
2022-01-10 19:27:58

Excerpt:

Lawsuit alleges 16 major US universities including Yale and Georgetown broke antitrust laws by using a shared methodology to determine student financial aid.

Yale University is among more than a dozen higher education institutions in the United States that are being sued for allegedly breaking antitrust laws and unfairly limiting financial aid awards for students, The Wall Street Journal (WSJ) reported (paywall) on Monday…..

The suit claims that the universities unlawfully used a shared methodology to determine financial aid awards because the institutions sometimes weigh candidates’ ability to pay for their higher education, said the WSJ…..

In addition to Yale, other universities named in the lawsuit include Georgetown University, Northwestern University, Brown University, the California Institute of Technology, the University of Chicago, Columbia University, Cornell University, Dartmouth College, Duke University, Emory University, the Massachusetts Institute of Technology, the University of Notre Dame, the University of Pennsylvania, Rice University and Vanderbilt University.

According to the WSJ, lawyers claim that more than 170,000 undergraduate students who attended the schools named in the lawsuit and received partial financial aid dating back up 18 years may be eligible to join the suit as plaintiffs.

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Intel Erases Uyghur Homeland to Appease Chairman Xi

Parker Davis January 11, 2022

Another American mega-corp with international power and growing Chinese dependence has used its power to convert its corporate environment fundamentally to the anti-American model of CRT, that supposes white people invented liberty and racism for reasons.
That some corporation that has joined the billionaire’s call to fight fascism is purging any mention of a region where genocide and concentration camps are currently both reality, the Xinjian region, the home of the Uyghurs, a non-Han race that the race-supremacist Chinese Communist Party hopes to eradicate and/or assimilate.
Their goal is to have a pure Han race that acts as Uncle to the rest of the inferior races of the world, and that nation-state, run by a fascistic Chinese Communist party, is given more deference and respect than Intel would ever extend to any American citizen preaching the gospel of the Bill of Rights.
So Intel bends for Xi while aiding in the destruction of the American Republic, the end of Rule of Law, so we, in the end, look just like China.

Intel Blasted on Social Media Over China

From www.thestreet.com
2022-01-10 19:13:34

Excerpt:

Intel (INTC) – Get Intel Corporation Report was being blasted on social media Monday for removing references to the Chinese region of Xinjiang from an open letter it sent to suppliers last month after the contents of the note sparked an uproar in China.

Intel last month published a letter to its global suppliers on its website calling on its business partners to avoid sourcing from the northwestern Chinese region, according to The Wall Street Journal.

“Multiple governments have imposed restrictions on products sourced from the Xinjiang region,” the letter said. “Therefore, Intel is required to ensure our supply chain does not use any labor or source goods or services from the Xinjiang region.”

Reuters has reported that United Nations experts and human-rights groups estimate that more than a million people are detained in camps in Xinjiang.

The detainees include Uyghurs and other Muslim minorities, the news service reported.

Intel was denounced by Chinese social-media users and…

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Tesla Car Mines for Bitcoins to Earn its Keep

Freedomist Editor January 11, 2022

A bitcoin miner is using his Tesla car to power his Bitcoin mining rig and he just might be making a profit doing it. So far, Siraj Raval is claiming he is making $800 a month with his 2018 Tesla Model 3.

Guy Pays For Tesla By Using It To Mine Bitcoin

From jalopnik.com
2022-01-10 19:22:03

Excerpt:

CNBC may have found the last guy you want to talk to at a party. Siraj Raval is using his 2018 Tesla Model 3 to mine cryptocurrencies and says he’s made up to $800 a month in the process.

But how did he do it… and more importantly, was it worth it? We’ll get to the second part of the question in a bit. As for how, Raval says he plugged an inverter into a power socket in his car and used it to power a computer running Bitcoin-mining software. He has also hooked up GPUs to the Model 3’s frunk and ran the machines off of the car’s internal battery.

He spends about 20 hours a day mining with his Tesla Batteries and that he pays between $30 and $60 a month to charge the batteries.

Even though hacking into a Tesla to mine Bitcoin (an insane sentence) risks voiding the car’s warranty, Raval told CNBC that it’s worth it.

But again… was it worth it? Well, according to CNBC, profits depend a lot on when the driver bought the car. Another Tesla Crypto-miner, Chris…

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Sotomayor Spits Medical Misinformation at Vaccine Mandate Hearing

Paul Collier January 10, 2022

Sonia Sotomayor claimed in a vaccine mandate hearing that over 100,000 children were in the hospital because of Covid and “many are on ventilators.” The CDC confirmed that Sotomayor was, in fact, lying when she said 100,000 children were in the hospital because of COVID.
As of right now, there are only a few thousand total children that have actually had to go the hospital for Covid, and a few hundred that have been on ventilators.
The fact that a sitting justice can be so grossly uninformed about the matter she is adjudicating is frighting for Americans that still value the Rule of Law. Clearly, Sotomayor believes in a more emotional approach to adjudicating, where the factuality of semantics is overridden by your feelings that are far superior to the subhumans just outside your elite tribe of noble understanding and being.

Fox News Hosts Confronts CDC Director Over Sotomayor’s Claim About Children With COVID

From www.newsweek.com
2022-01-09 21:40:47

Excerpt:

Fox News anchor Bret Baier confronted Centers for Disease Control and Prevention director Rochelle Walensky on Sunday, urging her to counter inaccurate claims about children hospitalized with COVID-19 made by Supreme Court Justice Sonia Sotomayor during a hearing this week.

The nation’s top court on Friday heard arguments for and against President Joe Biden‘s mandate that America’s large companies must require employees to be vaccinated against COVID-19 or take regular tests to ensure they do not have the novel coronavirus. While conservative justices appeared skeptical of the mandate, liberal justices—including Sotomayor—appeared supportive.

Sotomayor faced significant criticism, however, after she incorrectly claimed that
“over 100,000 children” were seriously ill with COVID-19, with “many on ventilators.” Government data actually showed as of January 8 that only a few thousand children were hospitalized with confirmed or suspected COVID-19—as some awaited the results of a…

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Facebook Gets Targeted by Left for Cancellation Over Bugaloo Platforming

Paul Collier January 10, 2022

Despite all Mark Zuckerberg’s efforts to utilize his multi-billion dollar platform to cut off dissent from the DNC during the 2020 election, his allies for whom he threw away any shred of credibility and good branding Facebook might have had are thanking him for pressing to have Facebook be held to account for their role in spreading the dread “Boogaloo Movement” that almost destroyed our precious mass mailer democracy on January 6th.
The movement itself, the one engineered and manipulated by the billionaire class of the DNC, is wholly consumptive in nature. Nothing can stand, for ‘everything is racist, everything is bigoted and it all needs to be challenged,” including any institution that today thinks its safe from the antifa-shirted mob because it enforces the draconian moral supremacist revenge-based code of what I regularly call corpowoketarianizm, the corporate-statized version of what once was more ubiquitously called ‘social justice.’

Facebook may face consequences for providing violent ‘Boogalo’ movement with online platform

From www.dailykos.com
2022-01-09 20:15:19
David Neiwert
Excerpt:

The lawsuit, filed by the sister of David Patrick Underwood—the federal security officer who was gunned down by two “Boogaloo” adherents in Oakland in June 2020—argues that Facebook’s algorithms drew the killer and his coconspirator together, enabling their vicious crimes.

“The shooting was not a random act of violence,” the lawsuit contends. “It was the culmination of an extremist plot hatched and planned on Facebook by two men who Meta connected through Facebook’s groups infrastructure and its use of algorithms designed and intended to increase user engagement and, correspondingly, Meta’s profits.”

Angela Underwood Jacobs contends that Facebook officials were aware that their platform was a recruitment tool for Boogaloo believers, but it failed to stop recommending their pages until after Underwood’s death.

“Facebook Inc. knew or could have reasonably foreseen that one or more individuals would be likely to become radicalized upon joining…

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China Looks to be Targeting Its Neighbors for Expansion

Paul Collier January 10, 2022

Chairman Xi of the People’s Republic of China is moving to prepare his forces to expand into land areas all around her. A new land boundary law, coupled with new types of military training focus are leaving many of China’s neighbors wondering if they’re next in China’s efforts to expand her territory and take resources from her direct neighbors, as opposed to the colonization method of harvesting resources from her distant neighbors (Africa, looking hard at you, my friend).

As the Beijing Olympics are being prepared, China appears to be preparing for something quite opposite to world peace, even as she brutalizes her own people from within she hopes to extend that same authority over the lives of hundreds of millions of humans living just outside their hungry borders.

China’s new land boundary law fits in with its expansionism

From indianexpress.com
2022-01-08 02:00:48

Excerpt:

…..Another factor, a Training Mobilisation Order (TMO) issued by Xi Jinping in January 2020 called for “confrontational training” for its troops and officers to assess their preparedness, especially in light of the new reforms undertaken by the PLA. Both these factors seem to be the tactical beginnings of China’s grand strategy which also saw China flexing in the South China Sea and Taiwan, almost simultaneously. The latest in the series of aggressive Chinese actions is the use of lawfare through the passing of the “Land Boundary Law” on October 21 which became effective this week.

The law formalises and legalises China’s geographic creep towards Tawang, Arunachal Pradesh and parts of eastern Ladakh and creates conditions for using newly-constructed border villages close to the LAC for claiming sovereignty over disputed areas. The import of the law is most critical for India but will affect China’s disputes with other countries too. What China has done, therefore, is convert a territory dispute over borders into a sovereignty dispute which precludes any give or take of territory.

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Cows Get VR Pastures While They Milk

Ivo Fysic January 10, 2022

A Farmer from Turkey is using VR Headsets to help his cows feel better about their lives as they stand in their stalls ready to give milk to the squeezer or the pumper. The cows wear VR headsets that makes them think they’re in a wonderful pasture. The plan is to get the cows to relax to be more milk-giving for the squeezer or the pumper, and, so far, it seems to be working.

Farmer Puts VR Headsets on Cows to Simulate Green Pastures : Futurology

From futurism.com

Excerpt:

A farmer in Turkey says he’s purchased VR headsets for his cows so they’ll produce more milk and be less anxious.

On its face, a giant barn full of cows with headsets strapped to their furry faces to increase profitability seems pretty dystopian — but as Turkish news outlet Anadolu Ajansi reported this week, it does seem to be working.

“We get an average of 22 liters of milk per day from the cows in our farm,” Izzet Kocak said in the video, translated into English. “The milk average of the two cows [that] wore virtual reality glasses was up to 27 liters.”

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