(ANTIMEDIA) The price of bitcoin just surpassed $1,800, its second all-time high this week. As governments worldwide eye the blockchain technology and ready new cryptocurrency rules, there is no sign bitcoin’s astronomical rise in value, up 81 percent this year, is over.
DEA DOA, Quaker Glyphoats and a bank of tears + this day in history w/Princess Di and our song of the day by LVL UP on your Morning Monarchy for August 31, 2016.
5/5 (15) So many people sent versions of this story that I have to talk about it. As you might expect, it fuels some high octane speculation. Here's a version:
Mainstream Media Finally Admits Mass Banker…
The post ALL THOSE BANKER “SUICIDES”: THE LIBOR RIGGING SCANDAL, ... appeared first on Giza Death Star.
Texas Attorney General Ken Paxton faces four new federal charges in an SEC civil court case announced today.
But Paxton still won’t resign his office.
Everything’s bigger in Texas, and the same goes for it’s top law enforcement officials legal woes stemming from his days as a lawyer and member of the Texas State House of Representatives from the suburban cities of Frisco, Allen and McKinney just north of Dallas.
Monsanto just keeps being forced to pay the piper. The mega-corp has lied to consumers about the safety of GM seed and their best-selling herbicide, and now it is being held accountable for stealing from and cheating its investors.
The company will pay an $80 million settlement to the US Securities and Exchange Commission (SEC) as a penalty for lying about earnings for glyphosate-riddled herbicide, Round Up. The SEC charges that Monsanto violated accounting rules and misstated company earnings as it pertained to its flagship product.
Collapses, once they start, often happen quickly (chart source)by Gaius PubliusSorry about the long title, but all three pieces of it — the "slam dunk," the threat to investors, the threat to executives — are important.Your background.
This week, Paul Ryan has been pushing a new GOP talking point about how Dodd Frank is to the banking system what Obamacare is for the healthcare system. In other words, he's way on board with Wall Street whore and House Financial Services Committee chair Jeb Hensarling in wanting to repeal or dismantle the consumer (and societal) protections, as weak as they were, in Dodd Frank.
Every time we see a systemic failure such as the 2008 collapse of Lehman Bros and subsequent market panic, the inevitable question is “what is the government going to do about it?” Just as inevitably, the answer is that the government will pass more legislation, or even give more power to the very regulators who failed so signally to stop the crisis from occurring in the first place. The assumption is that the regulators are the defenders of the public interest and that they only need more money and authority to properly fulfill their mandate.
Via NPR, Holder said yesterday in a news conference that he’s not sure how many times he’s signed off on Justice Department requests to spy on journalists:
“I’m not sure how many of those cases…I have actually signed off on,” Holder said. “I take them very seriously. I know that I have refused to sign a few [and] pushed a few back for modifications.
