⚯ Michel de Cryptadamus ⚯Dec 10, 2024

The always excellent #WallStreetOnParade weighs in on the insanity of the #BitcoinStrategicReserve being flogged by Senator Cynthia Lummis and her army of crypto bros. I was not personally aware of the Exchange Stabilization Fund that they cite as a possible mechanism for Trump to enrich the bros with taxpayer money.

https://wallstreetonparade.com/2024/12/trump-has-a-slush-fund-to-prop-up-the-dollar-will-he-use-it-to-prop-up-bitcoin-instead/

#crypto #bitcoin #CynthiaLummis #SenatorLummis #cryptocurrency #BTC #Trump #DonaldTrump #uspol #uspolitics

Trump Has a Slush Fund to Prop Up the Dollar – Will He Use It to Prop Up Bitcoin Instead?

By Pam Martens and Russ Martens: December 10, 2024 ~ The dark veil behind which the U.S. political system has operated since the U.S. Supreme Court’s

Mre UnfoldingMar 21, 2023
Banks Fleece US again.
"First Republic Bank’s regulatory filing for December 31, 2022 shows that it held $176.25 billion in deposits, of which $119.47 billion were uninsured, or 68 percent of all deposits. JPMorgan Chase’s same regulatory filing (FFIEC Call Report) for December 31, 2022 shows that at year-end it held $1.527 trillion in deposits of which an estimated $1.058 trillion were uninsured – or 69 percent.
https://wallstreetonparade.com/2023/03/ubs-was-quietly-bailed-out-in-2008-now-its-getting-a-173-billion-backstop-to-buy-credit-suisse-at-82-cents-a-share/
#StopDirtyBanks #crypto #wallstreetonparade
UBS Was Quietly Bailed Out in 2008; Now It’s Getting a $173 Billion Backstop to Buy Credit Suisse at 82 Cents a Share

By Pam Martens and Russ Martens: March 20, 2023 ~ Yesterday, the Swiss banking giant, UBS, agreed to a shotgun wedding with its collapsing long-time Swiss

Show threadMre UnfoldingMar 12, 2023
@stevesilberman
Not quite. Been reading deep dive into this since Dec 13, 2022
www.wallstreetonparade.com
#crypto #wallstreetonparade
Mre UnfoldingFeb 13, 2023
@rbreich With your amazing voice, brain trust and white board I wish you would amplify what is happening in Crypto, both FDIC insurance for with crypto holdings Banks and the mind blowing toxic FTX Crypto bankruptcy court proceedings. https://wallstreetonparade.com/
#cryto #FTX #wallstreetonparade
Wall Street On Parade

A Citizen Guide to Wall Street