And then there were some ... Go fish ...
Between banks & their bailouts, brokerages, and buyouts, is there anyone I can't offend or micro-aggress? Probably not. So, in other words, a perfect beginning. Let's start w/ SVB and continue downwards and sideways from there.
I initially thought, ho-hum, another bank poorly managed and will fade away to financial oblivion. Whoops, what do we have here? A 50-50 partnership w/ a bank in China? And then it turns out all the bigwigs cashed out their shares (at inflated prices - tip of the hat to Jim Cramer, sleazeball extroadinaire) the week before being taken over? And don't forget the bonuses! And the day before a bunch of Israelis (lots of flim-flam 'climate change' tech companies) withdrew $48 Billion? And a couple of years ago they, the investing geniuses at SVB, thought it a good idea to buy very low interest rate gov't bonds when anybody w/ room temperature IQ knew interest rates would soon be rising thus devaluing these bonds putting pressure on the bank's liquidity and solvency. And finally, the FDIC decided to cover all the depositors accounts, not only up to $250,000. And then there is a connection to the whole epstein affair involving brokerages handling (re: laundering) money to facilitate his operation and an Attorney Genereal out of the Virgin Islands who was fired only days after having filed a lawsuit against JP Morgan (CEO Jamie Dimon). She already won a big lawsuit (vs. the epstein estate - cough, cough). The most recent lawsuit, the one that got her axed, named several brokerages including Chas Schwab. OK, now I'm going to explain the entire situation. It is all a coincidence. There, now you'll sleep better, won't you?
There were two other failures involving Signature Bank (out of Chicago?, New York?) and crypto-centric Silvergate Bank. You haven't heard much about those, have you? And why would you? Chicago, New York, crypto-currency ... each one the very definition of a squeaky clean reputation; paragons of virtue, I say! Keep moving, there is nothing to see here.
I got an email yesterday from my brokerage stating (not asking) that my account, loaded w/ my soon-to-be highly valuable BIEL shares, will soon be moved over to Chas Schwab (CS). Ironically, my first online brokerage was, in fact, w/ CS. I didn't like them very much and soon switched to AmeriTrade who, in turn, was bought out by TD Waterhouse to become TD AmeriTrade (TDA). Two years ago TDA was bought by CS for a mere $26 Billion. So, why am I telling you this? I want to switch to another brokerage firm. Looking for suggestions. Feel free to send a 'pm'.
So where does all of this leave BIEL? Every maniac on the o.b. loves to pooh-pooh and mock the possibility of a buyout. Well, how about $48 Billion invested in 'climate change'. Oh, please, do some homework. Or $26 Billion to buy a brokerage when most ordinary people, even the so-called affluent ones, are scraping to get by. Living paycheck to paycheck is the norm, not the exception. How long will it take CS to recoup $26 Billion in profit? It's not about profit, it's about control and centralization of services. SaaS (Software-as-a-Service; search "SaaS"
has been touted as an excellent investment to 'future-proof' your portfolio, whatever that means. Ever heard of I-O-T? Do you want to live in the 'cloud', exclusively? More like the Idiocy-Of-Things.
So, where's the money for a company that provides a medical device that doesn't have side effects that make your hair stand on end or send shivers down your spine or scare the living shite outta ya? Interest on national debt for 2022 was something in the neighborhood of $500 Billion. And that's interest, not principal. Next year will be more. It's Usury and it's immoral. Follow the money. A billion dollars doesn't sound so high now, does it? One billion gives a share price of $0.04. How much money has been spent on oversaes adventures? Not to name names (or places), of course.
"Sic parvis magma" - Greatness from small beginnings
Do yourself a favor ... BUY_MORE_SHARES
Real eyes realize real lies. Somewhere Herr Gutenberg is rolling in his grave. What could we do w/ $500 Billion? How about supporting a damn good company who could use a helping hand instead of patronizing a bunch of psychopathic money lenders?
Later, WBeacham
P.S. - just got a news blurb. SVB bank just filed for bankruptcy. Un-effin'-believable.
Between banks & their bailouts, brokerages, and buyouts, is there anyone I can't offend or micro-aggress? Probably not. So, in other words, a perfect beginning. Let's start w/ SVB and continue downwards and sideways from there.
I initially thought, ho-hum, another bank poorly managed and will fade away to financial oblivion. Whoops, what do we have here? A 50-50 partnership w/ a bank in China? And then it turns out all the bigwigs cashed out their shares (at inflated prices - tip of the hat to Jim Cramer, sleazeball extroadinaire) the week before being taken over? And don't forget the bonuses! And the day before a bunch of Israelis (lots of flim-flam 'climate change' tech companies) withdrew $48 Billion? And a couple of years ago they, the investing geniuses at SVB, thought it a good idea to buy very low interest rate gov't bonds when anybody w/ room temperature IQ knew interest rates would soon be rising thus devaluing these bonds putting pressure on the bank's liquidity and solvency. And finally, the FDIC decided to cover all the depositors accounts, not only up to $250,000. And then there is a connection to the whole epstein affair involving brokerages handling (re: laundering) money to facilitate his operation and an Attorney Genereal out of the Virgin Islands who was fired only days after having filed a lawsuit against JP Morgan (CEO Jamie Dimon). She already won a big lawsuit (vs. the epstein estate - cough, cough). The most recent lawsuit, the one that got her axed, named several brokerages including Chas Schwab. OK, now I'm going to explain the entire situation. It is all a coincidence. There, now you'll sleep better, won't you?
There were two other failures involving Signature Bank (out of Chicago?, New York?) and crypto-centric Silvergate Bank. You haven't heard much about those, have you? And why would you? Chicago, New York, crypto-currency ... each one the very definition of a squeaky clean reputation; paragons of virtue, I say! Keep moving, there is nothing to see here.
I got an email yesterday from my brokerage stating (not asking) that my account, loaded w/ my soon-to-be highly valuable BIEL shares, will soon be moved over to Chas Schwab (CS). Ironically, my first online brokerage was, in fact, w/ CS. I didn't like them very much and soon switched to AmeriTrade who, in turn, was bought out by TD Waterhouse to become TD AmeriTrade (TDA). Two years ago TDA was bought by CS for a mere $26 Billion. So, why am I telling you this? I want to switch to another brokerage firm. Looking for suggestions. Feel free to send a 'pm'.
So where does all of this leave BIEL? Every maniac on the o.b. loves to pooh-pooh and mock the possibility of a buyout. Well, how about $48 Billion invested in 'climate change'. Oh, please, do some homework. Or $26 Billion to buy a brokerage when most ordinary people, even the so-called affluent ones, are scraping to get by. Living paycheck to paycheck is the norm, not the exception. How long will it take CS to recoup $26 Billion in profit? It's not about profit, it's about control and centralization of services. SaaS (Software-as-a-Service; search "SaaS"
has been touted as an excellent investment to 'future-proof' your portfolio, whatever that means. Ever heard of I-O-T? Do you want to live in the 'cloud', exclusively? More like the Idiocy-Of-Things. So, where's the money for a company that provides a medical device that doesn't have side effects that make your hair stand on end or send shivers down your spine or scare the living shite outta ya? Interest on national debt for 2022 was something in the neighborhood of $500 Billion. And that's interest, not principal. Next year will be more. It's Usury and it's immoral. Follow the money. A billion dollars doesn't sound so high now, does it? One billion gives a share price of $0.04. How much money has been spent on oversaes adventures? Not to name names (or places), of course.
"Sic parvis magma" - Greatness from small beginnings
Do yourself a favor ... BUY_MORE_SHARES
Real eyes realize real lies. Somewhere Herr Gutenberg is rolling in his grave. What could we do w/ $500 Billion? How about supporting a damn good company who could use a helping hand instead of patronizing a bunch of psychopathic money lenders?
Later, WBeacham
P.S. - just got a news blurb. SVB bank just filed for bankruptcy. Un-effin'-believable.
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