Deleterious Posted December 13, 2022 Share Posted December 13, 2022 Seems like a long shot. But I am all for it. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 13, 2022 Share Posted December 13, 2022 I completely missed it. SBF has been arrested in the Bahamas and the US has filed charges against him. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted December 13, 2022 Share Posted December 13, 2022 20 minutes ago, Deleterious said: I completely missed it. SBF has been arrested in the Bahamas and the US has filed charges against him. just goes to show what they say is true, crypto tech only protects you from a pretty limited number of the threats that are actually out there...... Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 13, 2022 Share Posted December 13, 2022 (edited) What took so long? Speaking tours? What a complete shit show. This will go nowhere. It wouldn't surprise me if this creep skates. In the big picture, it really doesn't matter anyway. Laws are only for us little people, and in this case there isn't enough leverage to hurt the Swine Banksters, so, maybe, the only people who get fucked are the dumb asses who bought into this bullshit. That would be good. Dumb asses Edited December 13, 2022 by Screwball Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 13, 2022 Share Posted December 13, 2022 He was supposed to testify in front of the Senate Committee on Banking. Supposedly at the last minute he said he would not testify and I imagine that triggered the arrest. Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 13, 2022 Share Posted December 13, 2022 12 hours ago, Deleterious said: He was supposed to testify in front of the Senate Committee on Banking. Supposedly at the last minute he said he would not testify and I imagine that triggered the arrest. I think this is accurate now that I've read a bit more. The rabbit hole of why is the interesting part. I'll leave it at that. Quote Link to comment Share on other sites More sharing options...
CMRivdogs Posted December 13, 2022 Share Posted December 13, 2022 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 13, 2022 Share Posted December 13, 2022 Some good CPI numbers today. I believe it was 7.1% on 7.3% expected. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 13, 2022 Share Posted December 13, 2022 FTX founder charged in scheme to defraud crypto investors So his girlfriend ran Alameda Research which was also involved in this. I guess she was photographed in NYC a few days ago and rumors started to fly she is cooperating with authorities on this. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted December 13, 2022 Share Posted December 13, 2022 4 minutes ago, Deleterious said: Some good CPI numbers today. I believe it was 7.1% on 7.3% expected. the month to month numbers are practically at target. The year to year can't come all the way down until last year's rent increases get to 12 months old. I'm a little PO'd at talk about the Fed wanting to squeeze until they see see wage increases drop though. For thirty years hourlies have been falling futher behind. If the cost of getting a little better income parity in the US is a % or so on the CPI for another year or two that's something I'm all in for. Quote Link to comment Share on other sites More sharing options...
1984Echoes Posted December 14, 2022 Share Posted December 14, 2022 (edited) 4 hours ago, gehringer_2 said: ... the Fed wanting to squeeze until they see see wage increases drop though. For thirty years hourlies have been falling futher behind. If the cost of getting a little better income parity in the US is a % or so on the CPI for another year or two that's something I'm all in for. If the Fed wants to get slower wage increases... They need to talk the 6 million or so Pandemic Early Retirees back into the workforce because those refuseniks are a main source of the super-tight labor market... AKA rapid wage expansion due to employer competition for the remaining scarce and available workers. In fact, companies are being reduced to poaching workers with bonuses and higher salary offers from other companies, and not from headhunters supplying available (in-between-jobs) workers... Edited December 14, 2022 by 1984Echoes Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 4 hours ago, gehringer_2 said: the month to month numbers are practically at target. The year to year can't come all the way down until last year's rent increases get to 12 months old. I'm a little PO'd at talk about the Fed wanting to squeeze until they see see wage increases drop though. For thirty years hourlies have been falling futher behind. If the cost of getting a little better income parity in the US is a % or so on the CPI for another year or two that's something I'm all in for. LOL! The very reason we are where we are is because the Fed (who serve the rich via the banksters) have been a big part of getting us to this very place. Get real, and PO'd if it makes you feel better. Their goal (inflation rate target - according to them) is 2%. We just printed a 7.1ish. That's a double in 10 years. 10 years is a long time, but they never fix it. We keep getting fucked. I don't even need chart porn. Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 33 minutes ago, 1984Echoes said: If the Fed wants to get slower wage increases... They need to talk the 6 million or so Pandemic Early Retirees back into the workforce because those refuseniks are a main source of the super-tight labor market... AKA rapid wage expansion due to employer competition for the remaining scarce and available workers. In fact, companies are being reduced to poaching workers with bonuses and higher salary offers from other companies, and not from headhunters supplying available (in-between-jobs) workers... What? Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 Well lookie here; In 60 Seconds Before CPI Hit, Heavy Trading Drove Mystery Rally Of course they say "nothing to see here." Well, yes there is. Charts don't lie, but people do. And apparently some frontrun major news releases. It's a big club and we ain't in it 1 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 14, 2022 Share Posted December 14, 2022 How come no journalists are asking the politicians if they will be returning the SBF donations? This isn't really a partisan thing since both sides received big donations. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 14, 2022 Share Posted December 14, 2022 My bad. Someone did ask. 1 Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 14, 2022 Share Posted December 14, 2022 1 hour ago, Screwball said: Well lookie here; In 60 Seconds Before CPI Hit, Heavy Trading Drove Mystery Rally Of course they say "nothing to see here." Well, yes there is. Charts don't lie, but people do. And apparently some frontrun major news releases. It's a big club and we ain't in it Don't worry man. The White House has our backs. Quote Link to comment Share on other sites More sharing options...
ewsieg Posted December 14, 2022 Share Posted December 14, 2022 6 minutes ago, Deleterious said: My bad. Someone did ask. The press secretary using the Hatch act to state she can't give the Biden administrations thoughts on returning stolen money. That's priceless. 1 Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 2 hours ago, Deleterious said: Don't worry man. The White House has our backs. After all the stuttering, she said the "market moved in a minor way." I highlighted the 8:29 am candle. Above the red boxes show the time, open, and close. By my math, that is a 40 point move in the /ES (S&P futures market) in that minute. That is NOT a minor move when the price was $4056.75 at 8:27 am. Someone knew, and somoene(s) spent some serious cash to do that. Quote Link to comment Share on other sites More sharing options...
Tigeraholic1 Posted December 14, 2022 Share Posted December 14, 2022 3 hours ago, Deleterious said: Don't worry man. The White House has our backs. Left or right they are all crooks at the end of the day. Quote Link to comment Share on other sites More sharing options...
Deleterious Posted December 14, 2022 Share Posted December 14, 2022 The Fed raised rates another 50bps. Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted December 14, 2022 Share Posted December 14, 2022 30 minutes ago, Screwball said: After all the stuttering, she said the "market moved in a minor way." I highlighted the 8:29 am candle. Above the red boxes show the time, open, and close. By my math, that is a 40 point move in the /ES (S&P futures market) in that minute. That is NOT a minor move when the price was $4056.75 at 8:27 am. Someone knew, and somoene(s) spent some serious cash to do that. yeah - that was not a good response. You have feel for anyone in that job - you go up there never knowing what kind of land mines are out there, but she could have just said - "yes that is interesting and we are going to look into it". 20/20 hindsight of course Quote Link to comment Share on other sites More sharing options...
gehringer_2 Posted December 14, 2022 Share Posted December 14, 2022 9 minutes ago, Deleterious said: The Fed raised rates another 50bps. punt. Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 (edited) 2 hours ago, gehringer_2 said: yeah - that was not a good response. You have feel for anyone in that job - you go up there never knowing what kind of land mines are out there, but she could have just said - "yes that is interesting and we are going to look into it". 20/20 hindsight of course I don't blame her. She is in this job because she is very good at lying - just like all press people for all these worthless corrupt pukes - no matter who is in power. This is what she's paid to do. Everyone remembers the movie "Trading Places" and the crop report? This is the same kind of thing. Especially right now when the CPI numbers are huge news - billions of dollars will move on this release. I've watched these things for over 20 years - they are tightly embargoed until a certain time on a certain day - to the second. SO EVERYONE HAS THE SAME INFORMATION AT THE SAME TIME. You finally turn the volume up on Bubblevision to hear Rick Santelli or the bald idiot give you the headline numbers. I don't remember, ever, when something wasn't as blatant at this one. But it doesn't matter. Even the Bloomberg article I posted said something to "if they do anything." And they won't. This should be easy. There are CUSIP numbers for every transaction that went through an exchange (except that idiot they just busted) so it should be easy and quick to see what the hell went on. I won't hold my breath. Edited December 14, 2022 by Screwball Quote Link to comment Share on other sites More sharing options...
Screwball Posted December 14, 2022 Share Posted December 14, 2022 2 hours ago, gehringer_2 said: punt. This was expected. It all depends on guidance, dot plots, and how many speeches these Fed pukes give over the next month. Their trying give us the soft landing narrative so the serfs think they are "fixing" things to make our life better (which won't happen) while not tanking the stock market as to keep the important people filthy rich - and making more at the same time. It will work til it don't. Then shit's gonna get ugly. Quote Link to comment Share on other sites More sharing options...
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