Citigroup Hit With $400M Penalty By US Regulators Over Failing To Correct Several ‘Longstanding Deficiencies’
10/08/2020 6:23 AMThe Federal Reserve imposed a penalty of $400 million on Citigroup Inc on Wednesday and asked the latter to “correct several longstanding deficiencies.” What Happened: Citigroup failed to take “prompt and effective actions” to correct practices the regulator...
read moreSchachter’s Eye on Energy – Oct. 7th
10/07/2020 10:09 AMJosef comments on how US Commercial crude inventories surprise with a build of 500Kb/d last week. Crude oil prices may hold up for a few days as a new hurricane could shut-in some of the US offshore production. He sees a breach of US$36/b happening this month. Each...
read moreShoe-in for the Hall of Fame of Bad Ideas
10/07/2020 6:40 AMThe Alberta Federation of Labour has a plan to increase unemployment and reduce government revenues simply because some people don't share their political...
read moreYou Won’t Hear This in Canadian Media
10/06/2020 9:06 AMCurrent lockdown policies are producing devastating effects on short and long-term public health. The results (to name a few) include lower childhood vaccination rates, worsening cardiovascular disease outcomes, fewer cancer screenings and deteriorating mental health...
read moreCelebrated Author Thomas Pynchon Famously Said
10/06/2020 6:32 AM“If they can get you asking the wrong questions, they don't have to worry about answers.” Even better when there are no questions at...
read moreThey’re Telling Us What It’s Really About – But Is Anybody Listening? – PT 2
10/05/2020 3:16 PMWe may need climate lockdowns to halt climate change. That might mean governments limiting private vehicle use, banning consumption of red meat, etc. We must do capitalism differently to avoid that. (ed. note: i.e. socialism) ~Mariana Mazzucato, professor in the...
read more10/05/2020 10:15 AM
What “diversity” never means is diversity of thought and opinion, for deviations from the far-left narratives are punished, those taking a critical view of identity politics are “cancelled,” marginalized and fired. Universities have entirely abandoned academic values...
read moreThey’re Telling Us What It’s Really About – But Is Anybody Listening
10/05/2020 8:38 AM“The climate crisis is not just about the environment. It is a crisis of human rights, of justice, and of political will. Colonial, racist, and patriarchal systems of oppression have created and fueled it. We need to dismantle them all.” ~Greta Thunberg
read moreThe Second Wave’s Big Question
10/05/2020 6:31 AM75% of Canadians support a second wave lockdown. But why do they need to wait for government to tell them to go back to the April...
read moreArmstrong is Right – The Move to Digital Currencies is Underway
10/04/2020 9:58 AMAnd the implications are massive... On September 22nd the European Central Bank filed to trademark the term “Digital Euro.” On Oct. 2nd Euro News reports ECB will commence tests regarding the launch of a digital euro. Click here for full Armstrong...
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