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originally posted by: Justoneman
originally posted by: F2d5thCavv2
a reply to: crankyoldman
Re: Swalwell. Pretty funny coming from a traitor who sleeps with enemy spies.
Cheers
Treasonous with no class to fart in public like some kind of entitled asshat.
An activist investor was arrested at a shareholder meeting after slamming Bill Gates' 'woke' philanthropy and meetings with Jeffrey Epstein.
Peter Flaherty, chairman of conservative NGO the National Legal and Policy Center, was cut off by Warren Buffet while speaking in favor of a proposal to have the business mogul removed as chairman of Berkshire Hathaway.
Flaherty condemned Buffet's funding of the Bill and Melinda Gates Foundation before highlighting links between the Microsoft founder and Epstein.
The shareholder had his mic cut halfway through his allotted three-minute time slot before being arrested and dragged out of the venue.
Flaherty, who has regularly confronted bosses of America's largest corporations, later decried his unprecedented arrest and said Buffet had 'no right to silence me'.
JPMorgan raised red flags about its banking relationship with Jeffrey Epstein as early as 2006 and held meetings with former executive Jes Staley—who is accused of sexually abusing at least one woman in Epstein’s orbit—about his friendship with the multimillionaire sex-trafficker, new court exhibits reveal.
According to internal emails published as exhibits as part of an Epstein victim’s lawsuit against JPMorgan, Staley even went as far as suggesting that bank brass meet with Ken Starr, Epstein’s high-powered lawyer who helped him dodge serious charges in Florida. (Starr is most known as the independent counsel who investigated President Bill Clinton’s sexual misconduct and whose probe led to his impeachment.)
JPMorgan Chase CEO Jamie Dimon is being asked to provide more information about recent reports that the company ignored convicted offender Jeffrey Epstein’s sex trafficking background.
Sen. Tina Smith (D-Minn.) sent a letter to Dimon on Wednesday raising her concerns about recent reports and court filings that have described JPMorgan Chase’s “ties to indicted sex trafficker Jeffrey Epstein.” She said that the allegations included accusing the bank of ignoring “obvious signs of Epstein’s illegal activity” and keeping a relationship with him.
A co-founder of DeepMind, the AI company bought by Google in 2014, warned about AI-related job losses.
Mustafa Suleyman said at a San Francisco conference that there will be "a serious number of losers."
He said that universal basic income could be the answer.
In March, Goldman Sachs argued generative A.I. that can create content almost indistinguishable from a human, like Midjourney and ChatGPT, could leave 300 million full-time workers across the U.S. and Europe out of a job.
Just how many people could also be made extremely poor is the real question that could prove explosive—particularly for the two countries that DeepMind effectively calls home: the U.K. and the United States.
Should tens of millions of knowledge sector workers or more lose their job through generative A.I., without any real plan to cushion the blow, the resulting upheaval could prove significantly disruptive.
“There are going to be a serious number of losers [that] will be very unhappy, very agitated,” warned Suleyman.
The payments giant teamed up with Microsoft, Agrotoken and Sinqia to develop its submission; a programmable finance platform for SMEs, particularly farmers, that is designed to enable greater access to global capital markets, facilitate interoperability between currencies, improve operational processes, and uncover new growth opportunities.
Catherine Gu, global head, CBDC, Visa, says: "By contributing our expertise, scale, network, and cutting-edge technologies in this market, we are able to help advance real-world applications of digital currencies — in this case making it possible for a soybean farmer to create and globally auction a tokenized contract on a permissioned version of the Ethereum blockchain, while utilizing different forms of money and interoperating between them.”
The programmable aspects of digital currencies, which allow delivery and payment of assets and currencies to be automatically settled only when certain conditions are met, open the door for more efficient capital usage and reduced counterparty risks, while leveraging the security, stability, and safety of a central bank liability via CBDC as a reliable settlement currency, says Visa.
originally posted by: Guyfriday
a reply to: crankyoldman
geeshs, standing by for major FF at this point. Wait till it gets exposed that Romney and Pelosi were taking a piece of that pie as well.
WASHINGTON — The FBI has refused to hand over an informant file alleging that President Biden took bribes while he was vice president, The Post has learned.
House Oversight Committee Chairman James Comer (R-Ky.) issued a legally binding subpoena last week requiring the FBI to turn over the file by noon Wednesday.
Sen. Chuck Grassley (R-Iowa), who passed a whistleblower’s tip about the document to Comer, said the FBI did not comply with the writ.
“They didn’t give us the unclassified document. They sent us a five or six-page letter that I haven’t studied thoroughly yet,” Grassley told The Post.
“They didn’t dispute that it exists — that the document exists or that it is unclassified … why they haven’t given it, I don’t know.”
The legislation behind the task force, known as the Improving Digital Identity Act, was passed by the US Senate Homeland Security and Governmental Affairs Committee last week in a vote of 11-1. It now moves on to the full Senate for debate
The inadequacy of current digital identity solutions degrades security and privacy for all people in the United States, and next generation solutions are needed that improve security, privacy, equity, and accessibility,” the bill reads.
It says the government is “uniquely positioned to deliver critical components that address deficiencies in the digital identity infrastructure of the United States and augment private sector digital identity and authentication solutions”.
The legislation’s passage joins nearly two dozen critical cyber bill approvals, including the bipartisan Securing Open Source Software Act, which would legally bind the federal government to protecting open-source software like ChatGPT.
The passing of the Improving Digital Identity Act to the next stage of debate follows the leak in February of the draft terms of a draft executive order which outlined that the US federal government’s Login .gov digital identity service could be expanded nationally.
Utah just took a momentous step towards bringing paper-based government services into the 21st century. Over the next few months, the Beehive State will conduct a first-in-the-nation pilot program to examine the feasibility of a digital ID system utilizing blockchain technologies. As more states begin to recognize the importance of modernizing public services, they should emulate Utah’s approach of cautious optimism.
Nestled between large countries such as India, China and Russia, Central Asia has long suffered from poor connections — both physically and digitally. But over the past years, the region has been investing in its digital infrastructure, including its biometric industry with startups now expanding across the world
In 2020, the National Bank of Kazakhstan launched a remote biometric identification service allowing citizens to access commercial financial services. The launch allowed banks to open accounts remotely for crediting social benefits during the pandemic. About 2.5 million Kazakh citizens can now access over 400 public services through the eGov Mobile application only using biometrics.
Biometric technologies have also become widespread in the banking sector. With the help of the business sector, the country has moved towards a cashless economy, with more than 74 percent of transactions now being cashless.
More investment into digital services may come from global players: While China is expanding its presence with its Digital Silk Road strategy, the European Union has been promoting digital cooperation through the EU-Central Asia Digital Connectivity initiative. The World Bank has been working on digital infrastructure through its Digital CASA Regional Program and the Eurasian Economic Union (EAEU) is carrying out its Digital Agenda until 2025.
Stan Druckenmiller thinks the US economy is teetering on the edge of a recession, predicting a “hard landing”, and warning that “there’s a lot more bodies coming” with regarding regional banks and corporate bankruptcies.
He also criticized US fiscal policy.
“We wasted all our bullets” in an economic expansion, he said, worrying about the fiscal situation.
“It’s a scary cocktail that we’re being presented with.”
Since the banking crisis began making headlines at expensive media real estate, the narrative has been that deposits are fleeing the small commercial banks and flooding into the biggest banks that are perceived as too-big-to-fail and thus offer a safer venue for deposits.
Because these mega banks are the same ones that the Fed has been bailing out since the financial crisis of 2008, that narrative requires believing that our fellow Americans are dumber than a stump.
The three largest banks in the U.S., as measured by deposits, are JPMorgan Chase, Bank of America and Wells Fargo. Between April 27, 2022 and April 26, 2023, JPMorgan Chase lost $184 billion in deposits; Bank of America lost $162 billion; and Wells Fargo lost $118.7 billion, for a combined loss in deposits of $464.7 billion — representing 72 percent of the decline in deposits at the 25 largest banks. (That’s a crystal clear indication of just how dangerously concentrated banking has become in the U.S.)
The deposit losses at JPMorgan Chase, Bank of America and Wells Fargo are more than twice what the 4,000 small banks lost in total during the same period. Their combined loss in deposits was just $210 billion.
Yellen is reaching out to leaders in the financial sector to alert them of the "dangerous consequences of the current brinkmanship," according to a Monday report by Reuters, who cited two unnamed sources familiar with the matter.
And although the sources didn't reveal to Reuters her purpose for the calls, officials from US President Joe Biden's administration have reportedly been in talks with business executives about pushing Republicans to raise the US debt ceiling without conditions.
Public confidence in Jerome Powell’s leadership of the Federal Reserve has dropped precipitously, according to a new survey, and is now at or below his predecessors’ as the central bank wages its war against inflation.
A Gallup poll released Tuesday shows 36% of US adults say they have a “great deal” or a “fair amount” of confidence that the Federal Reserve chairman would do or recommend the right thing for the economy.
CNN: "Do you want Ukraine to win this war?"
Trump: "I don't think in terms of winning and losing, I think in terms of getting it settled, so we stop killing all these people...