Posted on 08/22/2024 3:42:40 AM PDT by Red Badger
This is true fascism, the joining of totalitarian government with industry and banking.
We are a long way down the road t9o being a fascist state. It must be corrected.
Make the banks accountable.Cancel their FIDC policies.
Gotta love insider trading. The question now is “how and who in those banks are connected to the democrat/Biden/Harris regime?”
I think this is less to do with BLS being nefarious and more to do with the fact they are incompetent.
I read about this issue from another source that had more detail, evidently on the webpage where the information was supposed to be posted at 8am, a phone number to BLS was listed, the banks who got the information early all called the number and simply asked the tech who answered the call what data would be reported, the tech simply told them what would be reported.
In the 30-minute gap before the data was posted online, the rest of Wall Street found out simply calling the number listed on the webpage was how the banks found out early, that resulted the phone lines melting down.
The really stupid part was last night at the DNC convention, Gina Raimondo, Labor Secretary was asked about the screw up because Donald Trump had brought up the issue at his campaign rally.
Raimondo said she did not believe a single thing Trump said, the reporter to her credit told Raimondo, the data came from the BLS which she oversees, Raimondo responded by saying she didn’t know anything about the revised numbers.
I could have made some money trading on this inside info, but I could have gone to jail over it, too. Not so the big guys!
Saying she didn’t know anything.......would be more accurate...........
I love how she immediately launched into not believing a thing Trump says, until reminded by the reporter the data came from a department she was in charge of, kind of like taking a gut punch.
Incompetence permeates virtually every part of the Federal government under the purview of Deep State and the Harris/Biden regime.
That Krazy Komrade “Que mala” Kamala Harris owns every bit of it, she was in the room when these decisions were made, and she aided and abetted the implementation of virtually every aspect of the “Bidenomics” and the border crisis, among others.
So not ready for prime time.
The nefarious part of this story is how bogus the numbers of about every part of the economy truly are, screwing up the release time of the information was incompetence.
The banks can ask, the BLS should say no. The BLS is at fault here. It’s like they’ve never done this before.
“The BLS is at fault here.”
I don’t care about the 30 minute delay in reporting the latest number, but the BLS owes us an explanation for the inaccurate reporting of jobs data over the last year.
The banks and investors are equally at fault, even more so. The numbers were released at a certain time. Just because they are not on Some webpage doesn’t mean they are not available. Kudos to the banks that actually did their due diligence, got off their asses and called to get the data while everyone else just waited.
"It Was The Dukes!"
Three Foreign Banks got the MNPI while it was 30 minutes delayed to the rest.
Mizuho, Japan, Nomura, Japan and Paribas, France.
Obvious front running going on overseas. Looks like a Brandon Crime Family Special Op. Brandon Commerce Secretary claims no knowledge there was to even be an announcement. Another illegal financial crime by crooked Joe.
Anything with the word “Bureau” in it should be dissolved.
Here is a video Gina Raimondo saying she doesn’t believe anything that Trump says only to be reminded the BLS numbers come from a department she manages, which she responds by saying she knows nothing about that.
There have been rumors about the bad dat for days.
My bet is the only people who didn’t know were most of the taxpaying public.
What did members of Congress know and when did they know it, hmmmm?
Bankers should already have had a damn good idea they were being lied to or they should find a new line of work.
Ah, Paribas.
I remember that name.
From the Oil for Food scandal.
Those are not “retail” banks, Those are “Too big to fail” investment banks. They couldn’t care less about FDIC coverage.
They made a lot of money from those phone calls.
Ummm...
We knew this was coming FOR DAYS.
The article doesn’t address that ‘leak’ at all - including Bloomberg...almost as though they are trying to distract from it.
Normally GP would be on top of something so obvious. Curious...
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