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.

more

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

#Educational CyberPlayGround #NetHappenings Singing Revolution

This is the power of music & voice raised in song. When spoken word fails, the singing voice can succeed. Do you know Estonia’s history of choral groups & its “Singing Revolution?” They sang the Soviet Union out of the Baltics. Music is power. Watch.

Central Banks Are in Panic Mode — for Good Reason
http://wallstreetonparade.com/2019/08/central-banks-are-in-panic-mode-for-good-reason/

On July 30, 2019, the day before the U.S. central bank, the Federal Reserve, cut interest rates by one-quarter of one percent, the yield on the 10-year U.S. Treasury note closed the day at 2.06 percent.

Peter Thiel says FBI, CIA should probe Google – Axios
https://www.axios.com/peter-thiel-says-fbi-cia-should-probe-google-9846a042-e689-49bc-bdc7-595988ce5d8c.html

Alphabet Playing Both Sides
There’s no denying Alphabet is engaged in the seemingly treasonous decision to work with the Chinese military and not with the U.S. military, but it’s well known BigTech on both sides of the world work with their governments actively as well. Google is a divided international tech nation, both politically and ethically on these battle lines.

https://medium.com/futuresin/billionaire-and-facebook-board-member-peter-thiel-says-the-fbi-and-cia-should-investigate-google-1fab1901b8b3

Jeffrey E. Epstein

In 1973, Barr’s father Donald, the headmaster at Manhattan’s Dalton School, hired Epstein as a calculus and physics teacher. Epstein’s mathematical skills caught the eye of Bear Stearns’ chairman, Alan “Ace” Greenberg, whose son attended the Dalton School. Greenberg hired Epstein as an options trader and the former teacher was able to amass a fortune.

Described by prosecutors this week as a “man of nearly infinite means,” a 2011 SEC filing has provided a window into the registered sex offender’s elite Wall Street links, according to the Financial Times.
https://themindunleashed.com/2019/07/epsteins-elite-wall-street-ties-revealed-in-filing.html

JPMorgan Kept Jeffrey Epstein as a Client Despite Internal Warnings

Lawsuits – Donald J. Trump and Jeffrey E. Epstein Sex Slaves Lawsuits

Katie Johnson vs. Donald J. Trump and Jeffrey E. Epstein

So, Acosta, according to himself, backed off on prosecuting Epstein back in 2007, despite the possession of ample evidence proving his guilt, because he “belonged to intelligence.” Whose intelligence, exactly? is the first of many questions that arise here.
https://observer.com/2019/07/jeffrey-epstein-spy-intelligence-work/

https://pbs.twimg.com/media/CkjCHgQUgAAHeze.jpg

L Brands’ Lawyers Have a Lot More to Worry about than just Jeffrey Epstein By Pam Martens and Russ Martens: August 8, 2019
http://wallstreetonparade.com/2019/08/l-brands-lawyers-have-a-lot-more-to-worry-about-than-just-jeffrey-epstein/

Leslie Wexner, Chairman and CEO of L Brands
The Chairman and CEO of L Brands, Leslie (Les) Wexner, came out yesterday with a statement accusing Jeffrey Epstein of swindling “vast sums of money” from Wexner and his family.

Donald J. Trump and Jeffrey E. Epstein Sex Slaves Lawsuits

Get Rid of Epstein lover Manhattan DA Cy Vance

How Jeffrey Epstein Lost $80 Million in a Hedge-Fund Bet Gone Bad
http://nymag.com/intelligencer/2019/07/jeffrey-epstein-lost-usd80-million-in-hedge-fund-bet-gone-bad.html

Jeffrey Epstein Borrowed ‘Tainted Money’ From Deutsche Bank, Says Former Mentor

‘It’s our dark corner’: Jeffrey Epstein’s ‘Pedophile Island’ no secret on St. Thomas https://www.washingtontimes.com/news/2019/jul/10/jeffrey-epstein-pedophile-island-no-secret-st-thom/

Leon Black kept Jeffrey Epstein as charity director after plea deal https://nypost.com/2019/07/09/leon-black-kept-jeffrey-epstein-as-charity-director-after-plea-deal/

Ghislaine Maxwell, daughter of disgraced British publishing mogul Robert Maxwell and Epstein’s girlfriend for a brief period in the ’90s. https://www.dailymail.co.uk/news/article-1365733/How-Prince-Andrew-shared-room-Epsteins-Caribbean-hideaway-busty-blonde-claimed-brain-surgeon.html

Robert Maxwell, born Ján Ludvík Hyman Binyamin Hoch. He was a Flamboyant, larger than life character in Britain’s publishing world, as owner of the Daily Mirror.

PAY SCALE Vice President-Members of Congress – Judicial Salaries

2019 PAY SCALE
Vice President,
Members of Congress,
Judicial Salaries

EXECUTIVE ORDER 13866
ADJUSTMENTS OF CERTAIN RATES OF PAY

SCHEDULE 5 — EXECUTIVE SCHEDULE

Bush nominated Chief Justice John Roberts observant Catholic to take Sandra Day O’Connor’s place. Roberts is now both chief justice and the court’s swing justice — which means that, increasingly, the law is likely to be what he says it is. Roberts joined Ronald Reagan’s Justice Department when it was on a campaign to drive American law to the right. It is the arm of the Rethuglican Party. Roberts and his wife hate feminists, the equal pay for equal work, a women’s right to have an abortion, and gays. He opposes the rights of blacks, gay people, the poor and other relatively powerless groups. Roberts helped take away health care from millions of the nation’s poorest people.

Roberts swept away campaign finance regulations, most notoriously in Citizens United v. Federal Election Commission, which invalidated a well-established ban on corporations spending money to elect candidates.

Brett Kavanaugh ANOTHER conservative

https://www.opm.gov/policy-data-oversight/pay-leave/salaries-wages/retroactive-pay-executive-order-2019-adjustments-of-certain-rates-of-pay.pdf

Judicial Salaries #JudicialSalaries

The Federal Employees Health Benefits (FEHB) Program

https://www.opm.gov/healthcare-insurance/healthcare/reference-materials/hitreport.pdf

http://www.healthit.gov/providers-professionals/ehr-incentives-certification

long term care https://www.ltcfeds.com/ 

1-800-582-3337  TTY 1-800-843-3557

The Federal Long Term Care Insurance Program (FLTCIP) provides long term care insurance for its enrollees, who are Federal and U.S. Postal Service employees and annuitants, active and retired members of the uniformed services, and their qualified relatives.

HOW MUCH LONG TERM HEALTH CARE DO YOUR NEED

The three most common care options are home health care, assisted living, and nursing home care. To find the average costs in your area for each of these care options, select your state and nearest city below. Then, click the “Find the Cost of Care” button. All costs are based on the John Hancock 2016 Cost of Care Survey.

https://www.ltcfeds.com/ltcWeb/do/assessing_your_needs/costofcare

https://www.opm.gov/healthcare-insurance/flyers/long-term-care-overview.pdf

forms https://www.ltcfeds.com/documents/index.html#forms

Individuals’ Access and Use of their Online Medical Record Nationwide
https://www.healthit.gov/sites/default/files/consumeraccessdatabrief_9_10_14.pdf