The emergence of NYSE Texas and TXSE, bolstered by $161 million from BlackRock, Citadel, and other major players, is more than a simple move; it’s a deliberate ideological hedge against the very digital circus they’ve been implementing. This development casts Texas as the new heart of financial resistance, even though its backers are some of the most entrenched names in global finance, which tells me these scumbags fully expect balkanization and at least two distinct financial systems in the post-whatever United Fiefdoms of USSA.
Always good to have a backup system.
… Always good to expand your rigged system into as many places with untapped resources as you can.
It’s not rigged. The numbers go up and down.
“They” make their money on its volatility.
The more up & down; the more money made.
Of course; there’s the fixed weather derivatives, and other “inside” fixes.
Even; the pump & dump cryptos, are now part of their game.
I wonder how soon; “they’ll” be back to their original - Stock 'N Trade?
SLAVERY!
I get a sort of sardonic kick out of the image of Abbot in his wheelchair with a big grin on his face as he helps usher in new levers of change to the currency system.
It’s symbolic really, He’s crippled, we’re crippled…" I met a crooked man and he walked a crooked mile"… and that big grin of his? What is a smile anyway…but a mouthful of TEETH.
Why doesn’t anyone remember the old proverb: lying down with dogs…?
Ironically Abbott lost his mobility when a tree branch fell on him while jogging in a posh part of Houston. He sued the tree’s homeowner and the tree trimming company in 1984. With a freshly minted law degree the same year, he managed to get an insurance settlement that provided him with lump sum payments every three years until 2022 along with monthly payments for life, both of which were adjusted for inflation.As of August 2013, the monthly payment was US$14,000 and the three-year lump sum payment was US$400,000, all tax-free. Now that’s good lawyering! So what, I’m RICH…Caps on personal injury lawsuits were introduced in 2003.
Nazi International finally are carving to themselves a serious US real state piece.
“Don’t mess with Texas” aka “Mess around and find out”…
Where (Dallas area I know) will it be located? Next door to a quantum data center so trader parasites can bilk investors out of money at the speed of light? Front-run every trade between trader keystroke placing a stock purchase or sell order and recording on the exchange?
A fee on every stock trade placed has been proposed to slow down much of the high frequency trade ‘front-running’ activity. That would dampen volatility and they would make less money for being a middleman.
Speaking of front-run I heard DJT not long ago purchased 100m of UST bonds…and so has a very personal stake in dropping the interest rate (existing higher interest bonds become more valuable when new lower interest rate ones are issued).
I know we need to lower interest rates to reduce US debt interest payments…but the appearance of impropriety is there with his purchase/pressure to drop rates.
SOP: Standard Operating Procedure.
Federal Reserve could care less about America.
It’s destroyed America.
The FED engineered, with other Banksters WWI.
This list of ills brough on by the FED, is neyond measure.
Wall Street is the FED’s criminal ally.
AND, could care less about America; unless, there’s a short-term buck in it.
Yeah, to me, this is a distinct group who will allow the other groups to invest to a certain degree, but are not planning to be dependent upon the Genius Act and it’s consequences.