Sublime
An inspiration engine for ideas
I sit on the House Financial Services Committee, which oversees the banking regulators.
I am aware of no real limitation on the ability of banking regulators to de-bank law-abiding citizens and businesses without due process of law. The federal government’s unfettered powers of de-banking represents an insidious thr... See more
Only Alan Blinder, once a Fed vice chairman and a former Princeton colleague of Bernanke’s, defended the Fed. Blinder told this tale:
Andrew Ross Sorkin • Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves
I like this anecdote of a CEO directing a particular “If you’re making this phone call we’ve already lost a shed load of money and the priority is not to lose more” decision, recounted by Matt Levine today. https://t.co/NA93lNmRuF
😂 — JP Morgan CEO Jamie Dimon calls Democrats "idiots"
“I have a lot of friends who are Democrats and they are idiots. I always say they have big hearts and little brains. They do not understand how the real-world works." https://t.co/UeHNekdFLI
Townhall.comx.comTreasury Secretary Scott Bessent tells Tucker Carlson
- The top 10% of Americans own 88% of equities, 88% of the stock market
- The next 40% owns 12% of the stock market
- The bottom 50% has debt
-Summer of 2024 more Americans were using food banks than they ever have in history... See more
Wall Street Apesx.com
