Posted on 05/07/2021 7:43:41 AM PDT by MtnClimber
I will give JP Morgan Chase a multi billion dollar tip....go woke, go broke.
Wake me when it’s over.
These scumbag bankers are guilty of market manipulation, were fined nearly 1 billion recently, and the CFTC continues to ignore them harvesting huge barrels of money at the expense of everyone else.
**J.P. Morgan settled for an undisclosed amount a lawsuit that accused the firm of “spoofing” trades in the precious metals market.
**The suit by hedge fund manager Daniel Shak and two commodity traders accused J.P. Morgan of manipulating the silver futures market, costing plaintiffs $30 million in losses.
**The bank is also nearing a settlement of $920 million to resolve government investigations for similar alleged conduct in the precious metals and Treasury futures markets, CNBC has learned.
When big banks such as Chase were considered “too big to fail” and were bailed out by the taxpayer, it gave fools like Jamie Dimon undeserved power. He and his board knows that they can squander huge amounts of capital entrusted to them by savers and in the final analysis have little real risk for themselves personally and their stockholders. Most of these “politically correct” projects are boondoggles and will never have a return on investment and the capital invested will have been wasted.
It is no surprise that business cheater/manipulators would side with the political cheater/manipulators.
Not unlike the government and the way they waste hard earned money taxed from the working classes.
Carbon dioxide is essential to life on planet earth
This is not debatable
High speed rail, Solyndra, etc.
The three narrow spectral lines of IR energy absorbed by carbon dioxide are also absorbed by the broad spectral absorption range of water vapor.
Water vapor ranges from 5 to 100 times greater atmospheric percentage than carbon dioxide, depending on humidity.
A photon of IR energy travels, on average, less than 100 meters at sea level before being absorbed, primarily by water vapor. That is 50% absorption every 100 meters (actually less, but depends on humidity)
There is virtually no IR energy in the range absorbed by the three carbon dioxide spectral bands that make it through the last 5,000 ft of atmosphere just due to water vapor absorption.
If all the IR photons get absorbed by water vapor anyway then it does not matter how much carbon dioxide is in the atmosphere. At 409 parts per million, carbon dioxide is a very small percentage of the atmosphere. It could be double, triple or even ten times greater percentage and carbon dioxide would not change the amount of IR absorbed in the atmosphere because it would all be absorbed by water vapor anyway. No difference in IR absorption and no difference in atmospheric energy capture.
The sun's IR output does make a difference, but we are not the cause of that.
Deep decarbonization....
Geez they think they sound smart when they are really stupid.
I bet they lots of money trading carbon credits on the fake global warming.
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