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dogknob
dogknob's Journal
dogknob's Journal
January 7, 2021
DONE! 271! Douche objecting to Wisconsin.
January 6, 2021
Rep. Karen Bass just called for Trump's arrest on ABC.
ABC is also calling them "Anarchists" now.
January 2, 2021
Spotify Celebrates 100th Dollar Given To Artists
https://www.theonion.com/spotify-celebrates-100th-dollar-given-to-artists-1844943985When we launched Spotify in 2008, our mission was to reward artists when customers listened to music, and today, we finally reached three figures in artist payouts, said Spotify CEO Daniel Ek, posing with a giant check for a $0.00000029 payout to Dua Lipa for her song Break My Heart that propelled the worlds musicians past a collective $100 in earnings.
December 15, 2020
This may just about cinch us the runoffs and call it a day for McPutin
AUGUSTA GA: In what many are calling an "election miracle," the face of Former U.S. Representative John Lewis appeared on the side of a Big Mac dipped in McCheddar at a local McDonald's today, urging patrons to, according to witnesses, "flip that shit blue."
https://twitter.com/darrcass/status/1338946408137728000?s=20
December 14, 2020
Flea's Naughty Dog.
Flea's Naughty Dog.
Flea's Naughty Dog...
That Lhasa Apso smoked all my pot!
She stole the clicker for my garage door
Tracks that funk across my kitchen floor
I'm quarantined and I am cash poor
Add a squirt gun to my cart!
Living in Bassville CA is cool... except for the sketchy neighbors... My Xmas song:
Flea's Naughty Dog.
Flea's Naughty Dog.
Flea's Naughty Dog...
That Lhasa Apso smoked all my pot!
She stole the clicker for my garage door
Tracks that funk across my kitchen floor
I'm quarantined and I am cash poor
Add a squirt gun to my cart!
December 9, 2020
https://www.motherjones.com/politics/2020/12/how-kelly-loefflers-firm-facilitated-an-enron-like-scandal
GRIFTBOT 2020: How Kelly Loeffler's Firm Facilitated an Enron-Like Scandal
https://www.motherjones.com/politics/2020/12/how-kelly-loefflers-firm-facilitated-an-enron-like-scandalIn 2006, a giant hedge fund called Amaranth Advisors accumulated massive natural gas holdings on the New York Mercantile Exchange (NYMEX) and was dominating the natural gas market. It held up to 70 percent of natural gas commodities on the exchange and, consequently, was able to manipulate prices by buying or selling large chunks of its holdings. (Amaranths energy and commodities trading desk had been set up by a former Enron trader who had gone to work for the hedge fund.) According to a subsequent Senate investigation, Amaranths moves constituted excessive speculation and had a direct effect on U.S. natural gas prices and increased price volatility in the natural gas market.
In August of that year, NYMEX, concerned about Amaranths trading, directed the fund to reduce its natural gas positions. Amaranth did so on NYMEX, but it increased its natural gas holdings on an unregulated energy exchange run by ICESprecher and Loefflers firm. NYMEXs instructions to Amaranth did nothing to reduce Amaranths size, but simply caused Amaranths trading to move from a regulated market to an unregulated one, according to the Senate report. And the hedge fund kept on trading its natural gas holdings.
Amaranth was able to resort to this maneuver because of the so-called Enron loophole in the Commodity Futures Modernization Act of 2000. This loophole, which had been inserted into the law at the request of Enron (the energy giant that would collapse spectacularly in 2001) and other energy-trading firms, exempted electronic energy exchanges, such as the one owned by ICE, from the oversight and regulation conducted by the Commodity Futures Trading Commission (CFTC). There were no trading limits on ICEs exchange, and no routine government oversight. The Senate report pointed out that this loophole and the ability of an investor to shift to the market run by ICE impeded regulators authority to detect, prevent, and punish market manipulation and excessive speculation.
But operating an unregulated exchange was good business for ICE. As CFTC commissioner Bart Chilton noted in 2007, the Enron loophole helped foster the incredible growth of the Intercontinental Exchange.
In August of that year, NYMEX, concerned about Amaranths trading, directed the fund to reduce its natural gas positions. Amaranth did so on NYMEX, but it increased its natural gas holdings on an unregulated energy exchange run by ICESprecher and Loefflers firm. NYMEXs instructions to Amaranth did nothing to reduce Amaranths size, but simply caused Amaranths trading to move from a regulated market to an unregulated one, according to the Senate report. And the hedge fund kept on trading its natural gas holdings.
Amaranth was able to resort to this maneuver because of the so-called Enron loophole in the Commodity Futures Modernization Act of 2000. This loophole, which had been inserted into the law at the request of Enron (the energy giant that would collapse spectacularly in 2001) and other energy-trading firms, exempted electronic energy exchanges, such as the one owned by ICE, from the oversight and regulation conducted by the Commodity Futures Trading Commission (CFTC). There were no trading limits on ICEs exchange, and no routine government oversight. The Senate report pointed out that this loophole and the ability of an investor to shift to the market run by ICE impeded regulators authority to detect, prevent, and punish market manipulation and excessive speculation.
But operating an unregulated exchange was good business for ICE. As CFTC commissioner Bart Chilton noted in 2007, the Enron loophole helped foster the incredible growth of the Intercontinental Exchange.
https://www.motherjones.com/politics/2020/12/how-kelly-loefflers-firm-facilitated-an-enron-like-scandal
November 10, 2020
Openings of famous novels -- with "Four Seasons Total Landscaping" added.
"It is a truth universally acknowledged, that a single man in possession of a good fortune, must be in want of Four Seasons Total Landscaping."
October 30, 2020
Kids in the Hall predicted Putin in 1994
September 17, 2020
More at link
https://newrepublic.com/article/155268/house-representative-katie-porter-schools-ben-carson-orea-jamie-dimon
Katie Porter!! My Congresswoman!!
The Freshman Democrat Whos Making Conservatives Squirm
In Porters mind, the American public is hungry for proof that their government is working for them. As a result, she throws herself into hearings; she understands that the five minutes she has with a witness are the most direct form of democratic action available to herher best chance to tease out answers to the questions that matter most to her constituents.
Its also why her videos keep going viral; her ability to demystify technical, often esoteric financial concepts is a boon to those who understand that nitty-gritty details, all the minutiae of government work, are important, but arent sure how to connect the dots. Its not all that different from what she used to do as a professor, and as a textbook author; now, she just has a much larger audience.
Its also why her videos keep going viral; her ability to demystify technical, often esoteric financial concepts is a boon to those who understand that nitty-gritty details, all the minutiae of government work, are important, but arent sure how to connect the dots. Its not all that different from what she used to do as a professor, and as a textbook author; now, she just has a much larger audience.
More at link
https://newrepublic.com/article/155268/house-representative-katie-porter-schools-ben-carson-orea-jamie-dimon
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Member since: Tue Jun 16, 2009, 04:09 PMNumber of posts: 2,431