Professional Documents
Culture Documents
Anti-trust,
Treason & More
I wanted to start a new email here where each week on Friday I do a
round up or recap of the week, based on the stories I found and things
going on. This may not be relevant each week but this last week it sure is
as there was so much going on. Lets dive in…
Facebook, Google & Amazon met with lawmakers this week on the start
of the anti-trust cases, which seems to be going better than many
expected- meaning CHANGE looks to be coming. Here is a small recap
of the back and forth on big points…
Donald J. Trump
@realDonaldTrump
“Billionaire Tech Investor Peter Thiel believes Google should be investigated for treason.
He accuses Google of working with the Chinese Government.” @foxandfriends A great
and brilliant guy who knows this subject better than anyone! The Trump Administration
will take a look!
Facebook was also in the hot seat this week over the Libra project,
Marcus David did an awful job answering questions with either vague
answers or no answer on important topics about privacy, not sure where
that is gonna go but Senate and House seem completely done with
Facebook and its repeated abuse of privacy. $FB stock coming back
down last two days, lets see what happens today.
What was more interesting to me was in the Libra hearings, they
naturally had to talk about Bitcoin and there was a sort of comparison
being had to Bitcoin, when this happens it almost makes a pro-Bitcoin
argument which isn’t what lawmakers want but when compared to
Libra, they took it. There was even reference this week to shitcoins, in
public hearing a lawmaker called altcoins “shitcoins”, omg I almost died,
what a time to be alive!
Shifting gears here into central banks and fiscal policy I saw two
interesting things happening this week…
First off, Central banks started to roll out some interesting PR, there was
a fresh batch of “Central banks can’t save countries on their own”
further insulting themselves from any economic fallout as surely they
can point back at articles like this with the “we’ve been saying this could
happen for ______”, there is even a new TV show about Central Bankers
being “heros”.
Neil Woodfine
@nwoodfine
Someone hired a new PR agency?
Irish Banks pay out more than $770M over mortgage scandal that has
tarnish Irish banking for over a decade, more proof that things are
starting to tighten up and there is some serious clean up happening.
-Jameson Brandon
https://empireresearch.net/2019/09/3-indicators-that-usd-will-lose-reserve-status