July 1, 2021

Ally Bank Leaked Passwords to 3rd Parties

by @ 9:50 pm. Filed under Business

June 7, 2021

Amazon employees need our help!

by @ 9:41 pm. Filed under Business

Granted some reading this don’t want to use Amazon. But if you don’t communicate your opinion they never get the message. Be sure to chat, email, phone with Amazon customer support. And tell them you are not pleased Amazon is forcing people to share private medical information and pressuring them into medical experimentation. All of which is illegal under the Americans with Disabilities Act and the Nuremberg Code. Your feedback is appreciated by the employees. I had a good chat with a human tonight who was glad someone gave feedback they immediately escalated.

Flood Amazon with feedback. If Amazon feels they can do it, eventually your job will too. Sure you can sue, but you know you don’t want that expense in your life. Giving Amazon feedback is free. And you get to tell them how you feel.

If not for yourself, do it for the employees who are under a pressure none of us wants.

Don’t let the Commies be the only ones who sway businesses.

December 3, 2008

Fractional Lending And Inflation. How The Magic Money Game Is Played!

by @ 12:02 am. Filed under Business

I’ve been looking for a very long time for a short video that explained fractional lending and the debt spiral it creates. Because often showing you this in video format helps with understanding it better than it being typed out in words. But this video should help you understand why every time the government goes tossing money at problems, it really creates more of a problem rather than actually solving financial issues. This is a game of continually kicking a growing can down the road and hoping that maybe later something might do away with the problem. And the problem only grows.

Please watch the video in full before making comments.

Inflation and the Dollar’s crash

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November 18, 2008

China, Buying Up America For The Kill.

by @ 11:24 am. Filed under Business, Evangelicals Under Attack

While America builds a grave of debt for herself, China is rushing in to pick up the bones.

China Passes Japan as Biggest U.S. Treasuries Holder (Update1)

By John Brinsley and Rebecca Christie

Nov. 18 (Bloomberg) — China surpassed Japan in September to become the biggest foreign holder of U.S. Treasuries, as foreign investors sought the relative safety of government debt as stocks plunged 9.1 percent that month.

Total net purchases of long-term equities, notes and bonds increased a net $66.2 billion in September from $21 billion the previous month, the Treasury said today in Washington. Including short-term securities such as stock swaps, foreigners bought a net $143.4 billion, compared with net buying of $21.4 billion the month before.

China led all foreign official investors in September by posting a net increase in U.S. Treasuries for the sixth month in the past seven, bringing its total ownership close to $600 billion. Japan was a net seller of Treasuries for the fourth month in the past six.

“The details of the report paint a much more positive picture of cross-border investments than expected,” said Michael Woolfolk, a senior currency strategist at Bank of New York Mellon Corp. “China, along with others, is showing more demand than anticipated for U.S. assets.”

Economists predicted international investors would buy a net $27.2 billion of long-term securities in September, based on the median of seven estimates in a Bloomberg News survey.

China leapfrogged Japan, increasing its Treasury holdings by $43.6 billion to $585 billion, the report said. Japan, now the second-largest foreign owner of U.S. government debt, reduced its holdings by $12.8 billion to $573.2 billion.

China Demand

China’s ownership of U.S. government debt has doubled since July 2005, while Japan’s holdings are down from a peak of $699 billion in August 2004.

Foreign demand for Fannie Mae, Freddie Mac and other U.S. agency debt increased from a month earlier. Purchases of long- term agency debt totaled a net $6.2 billion, compared with net sales of $8.7 billion in August.

The Treasury’s figures include both agency debt and mortgage-backed securities and aren’t restricted to Fannie Mae and Freddie Mac bonds. Mortgage-backed securities of Ginnie Mae and corporate debt of the Federal Home Loan Bank System are also included in the report.

Stocks plunged and Treasuries rose in September as Treasury Secretary Henry Paulson negotiated for two weeks with Congress over a $700 billion plan to address the worst financial crisis in 70 years.

The U.K., which through London acts as a transit point for international investors, especially those in the Middle East, bought $30.3 billion of Treasuries, bringing holdings to $338.4 billion.

Let me show you some video of how America’s new largest treasuries holder and likely future largest debt holder treats Christians. Below is a video playlist of 7 short videos. Please withhold comments till you’ve had an opportunity to view them all in full.

Playlist: Abuse of Christians in China

Hold fast to Christ, pray for our persecuted brothers and sisters and pray our Lord returns swiftly. We may have to endure some pain, but the eternal reward is more than worth it.

November 12, 2008

Some Financial Analysts Are Starting To Claim The US Is Headed For Economic Doom!

by @ 1:15 pm. Filed under Business

I’ve already mentioned how America was economically in bad shape and making things worse.

But check out what was said in the exchange in the video on this web page.

I’m just saying, beware of rough water ahead.

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