Gold ‘s value isn’t there, it’s just a European point of view.

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Gold ‘s value isn’t there, it’s just a European point of view.

There is nothing in this world that automatically makes gold a superior investment. It’s pretty, it’s heavy, it doesn’t travel well, and it isn’t scarce. Indian Women own more gold than anyone on planet earth.

All those years ago when Europe had nothing, they sent out their soldiers to steal whatever was considered something of value.

Armies funded by Kings and bankers were sent to kill, conquer and bring home whatever resources they could get to Europe. Gold has financed all wars, and will always be associated with warfare, colonization, racism, and domination. Belief in white Jesus linked to racism.

What’s worse is Gold doesn’t have “Utility value” and the price is manipulated.

See 2012 ( LIBOR Manipulation Leads To Questions Regarding Gold Manipulation)

“A lack of transparency, a lack of enforcement of law and a compliant media which failed to ask the hard questions and do basic investigative journalism led to the price fixing continuing and the manipulation continuing unchecked. The London Gold Fix has been manipulated for ten years, explains Bloomberg. Believe it or not, the global benchmark prices for gold and silver, the “London spot” prices, are not set by “trading,” but by a small cabal of European banks that get together twice a day and decide what they think the price of gold and silver should be.

I’ve been on the net since 1991 until the present.

At this point – we have been totally fucked by zuckerberg who continues making money without going to jail for poisoning democracy.

I remember when ….

Bless the Founders of the Net, the women and men pioneers who changed the world forever!

Bless The 1960’s Hippie movement who invented the Vision for the internet designed to make the world a better place where all knowledge would be free.

John Perry Barlow, EFF Co-Founder and Author of 1996 Cyberspace Manifesto, Dies at 70

This all went wrong in 1994 when commercial business’ were allowed. We all know how that went.

NOW

Make the world a better place

Future Insight Release 1.2 n August 1994
Preamble
The central event of the 20th century is the overthrow of matter. In technology, economics, and the politics of nations, wealth — in the form of physical resources — has been losing value and significance. The powers of mind are everywhere ascendant over the brute force of things. <snip>

Dyson, Gilder, Keyworth, Toffler’s 1994 manifesto: Cyberspace and the American Dream: A Magna Carta for the Knowledge Age.

|FINANCIAL LITERACY|

“Technology is dominated by two types of people: those who understand what they do not manage, and those who manage what they do not understand.”

We all know that Bitcoin’s price-discovery is unencumbered by any perceived utility-value. It’s just pure money.

The blockchain solves everything.

Bitcoin will become worth more than gold, because it is born of the internet, it is the financialization of money that works across countries. It doesn’t weigh anything, it doesn’t have any storage costs or transportation problems. It is decentralized, where no cabal of bankers can manipulate it.

Bitcoin has nothing to do with war and death, it is about hope and is optimism.

In America today there are more young people alive than boomers who really do understand what they are reading here on this page and that the transfer of wealth is happening right now.

The revolutionary promise of the internet fullfilled . . . We are the bank.

Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average

The Last Page of the Internet

2020 birthdays

Lyft: 8
Snapchat: 9
Instagram: 10
Uber: 11
Twitter: 14
Reddit: 15
YouTube: 15
Facebook: 16
Tesla: 17
Google: 22
Mozilla: 22
Netflix: 23
Amazon: 26
Qualcomm: 35
Apple: 44
Microsoft: 45
AMD: 51
Intel: 52
Sony: 74
HP: 81
Samsung: 82
Disney: 97
IBM: 109
Nintendo: 131

Wall Street On Parade Financial Literacy

Wall street on Parade

Selective Inflation Increases Financial Gap by Jonathan A Weiss Esq.

2018 Financial Secrecy Score

Federal Reserve Spokesman Explains How It Creates Money Out of Thin Air to Pump Out to Wall Street
https://wallstreetonparade.com/2019/10/federal-reserve-spokesman-explains-how-it-creates-money-out-of-thin-air-to-pump-out-to-wall-street/

The Fed Fears an Explosion on Wall Street: Here’s How JPMorgan Lit the Fuse
https://wallstreetonparade.com/2019/10/the-fed-fears-an-explosion-on-wall-street-heres-how-jpmorgan-lit-the-fuse/

By Pam Martens and Russ Martens: October 28, 2019 ~
JPMorgan Chase is the largest bank in the United States with $1.6 trillion in
deposits from more than 5,000 retail bank branches spread across the country.
When it withdraws liquidity from the U.S. financial system, that has a
reverberating impact.
According to the filings that JPMorgan Chase […]

Remembering Mark Pittman, the One Journalist Who Would Have Been All Over the Fed’s Latest Wall Street Bailouts
https://wallstreetonparade.com/2019/10/remembering-mark-pittman-the-one-journalist-who-would-have-been-all-over-the-feds-latest-wall-street-bailouts/

https://youtu.be/GZkLXCZRBKY
By Pam Martens and Russ Martens: October 25, 2019 ~
Today would have been Mark Pittman’s 62nd birthday. Pittman died of a heart attack at age 52 on November 25, 2009 in the midst of a pitched court battle with the Federal Reserve to obtain data on its secret loans to Wall Street.

Quietly, U.S. and Foreign Banks Have Increased their Borrowings from U.S.
Money Market Funds
https://wallstreetonparade.com/2019/10/quietly-u-s-and-foreign-banks-have-increased-their-borrowings-from-u-s-money-market-funds/

Barclays (Green), UBS (Red), Deutsche Bank (Blue) and Credit Suisse (Orange)
— Stock Price Over the Past Decade
By Pam Martens and Russ Martens: October 25, 2019 ~
Memories are apparently very short at the Securities and Exchange Commission (SEC). The SEC seems to have forgotten that a run on money market funds holding bank commercial […]

What Are They Smoking at CNBC?
https://wallstreetonparade.com/2019/10/what-are-they-smoking-at-cnbc/

Headline at CNBC, Thursday, October 24, 2019
WSOP Staff: October 25, 2019 ~
Yesterday, the headline above appeared at CNBC. The headline writers there
must be living in an alternative reality.
Let us remind CNBC viewers what 2019 is actually shaping up to be: it’s the
year that the highest priced stock in the price-weighted Dow […]

Betsy Devos found in Contempt fined $100,000 for hurting kids.

Secretary of Education Betsy DeVos in contempt of court

STILL Enforcing Loans On Defrauded College Students.

The government will pay the $100,000, and DeVos will not be personally responsible for the sum.

Ten third-party contractors were involved in collecting the loans, and the judge’s opinion notes that the Education Department didn’t do much to make sure it followed the orders, beyond sending a few emails.

It’s rare for a judge to find a Cabinet secretary in contempt of court. Sen. Elizabeth Warren, a presidential candidate, has called for DeVos to resign over this issue.

the Education Department was supposed to simply refund all the money borrowed by students who attended Corinthian during the time it was making false claims.

DeVos Won’t stop collecting loans from former students of a now-defunct chain of for-profit colleges.

$100,000 will go toward various remedies and legal expenses for students who are owed debt relief from the Education Department after Corinthian Colleges collapsed in 2014, according to the ruling.

We’re disappointed in the court’s ruling. We acknowledged that servicers made unacceptable mistakes. @BetsyDeVosED directed @FAFSA to take immediate action to help every impacted borrower. As of today, @FAFSA has taken the actions needed to make every impacted borrower whole. pic.twitter.com/10kgh63bhH

— U.S. Department of Education (@usedgov) October 25, 2019

Toby Merrill, the Harvard University lawyer and director of the Project on Predatory Student Lending who brought about the class action suit on behalf of 80,000 affected students against the Education Department. Harvard Law School
https://www.newsweek.com/education-secretary-betsy-devos-contempt-court-student-loan-scandal-1467672

https://www.npr.org/2019/10/25/773334681/devos-held-in-contempt-of-court-ed-department-fined-100-000-in-student-loan-case

The Project on Predatory Student Lending represents the students in the lawsuit.
https://nationalinterest.org/blog/buzz/judge-fines-devos-100000-contempt-court-91521

Top Betsy DeVos appointee abruptly quits, calls for canceling $925 billion in student loan debt

Trump’s top student loan official resigns — and immediately calls for ditching “fundamentally broken” loan system.

A. Wayne Johnson was appointed by DeVos in 2017 as chief operating officer of the Office of Federal Student Aid, which oversees the more than $1.5 trillion in student debt accrued by millions of Americans. He later moved into a different position, leading an effort to overhaul how the agency handles borrowers and lenders.

A. Wayne Johnson appointed by Secretary Betsy DeVos abruptly announced his resignation on Thursday and called for the cancellation of more than $900 billion in student loan debt.

Johnson told the outlet that repayment trends suggest that much of the outstanding debt will never be repaid and called for an overhaul of the entire student lending system.

Johnson hopes to be appointed to the Senate seat in Georgia by Gov. Brian Kemp, a Republican, but will run for the seat in the next election if he is not selected.

Johnson’s plan would forgive more debt than the plan proposed by Sen. Elizabeth Warren, D-Mass., which would cancel all debt up to $50,000 for families earning under $100,000 per year. Johnson’s plan, which has no income cap, would fall short of the plan proposed by Sen. Bernie Sanders, I-Vt., who has called for the cancellation of all student debt.

Rep. Robert C. “Bobby” Scott (D-Va.), chairman of the House Education Committee, is threatening to subpoena Education Secretary Betsy DeVos for more documents related to the department’s role in Dream Center’s actions. Scott says the agency has obstructed the committee’s investigation and refused to answer questions, as emails and letters paint a picture of a federal agency complicit in an effort to place profits before students

Trump administration let nearly $11 million in student aid go to unaccredited for-profit colleges

Mounting evidence shows the Trump administration took extraordinary steps to keep two Art Institute campuses accredited after both lost the designation and access to federal student aid. Now one former student is suing the Education Department for violating its own rules.

https://www.educationdive.com/news/facing-insolvency-dream-center-is-unloading-art-institutes/546114/

Turmoil at Dream Center Colleges Spills Open With Seattle “At-Risk” Designation