Jump to content

Operation Choke Point

bernorange

By bernorange
in Cloak Room

 Share

Recommended Posts

bernorange

bernorange 8,385

Posted
  • Author
Posted
Quote

...  the ACLU will be representing the NRA in this important First Amendment case, and that the ACLU's Legal Director David Cole—an experienced Supreme Court advocate—is (the Times notes) planning on arguing.

The issue in the case is whether New York financial regulatory authorities coerced banks and insurance companies to cut off ties with the NRA and thus violated the First Amendment. As the petition argued,

    "The Second Circuit's opinion below [rejecting the First Amendment claim] gives state officials free rein to financially blacklist their political opponents—from gun-rights groups to abortion-rights groups to environmentalist groups and beyond."

Cole's presence at the lectern and the ACLU's presence on the briefs will help convey the core message to all the Justices: The case is about everyone's free speech rights, not just the NRA's.
...

https://reason.com/volokh/2023/12/09/nra-and-aclu-teaming-up-on-the-first-amendment-in-nra-v-vullo/

  • Haha 1
Link to comment
Share on other sites
  • 4 months later...
bernorange

bernorange 8,385

Posted
  • Author
Posted
Quote

... This week American Banker Reporter Kyle Campbell interviewed Custodia Bank CEO Caitlin Long. Their topic was her bank's legal tussle with the Federal Reserve Bank over its decision to deny Custodia a master account. ...

No paywall (video and transcript both):
https://www.americanbanker.com/podcast/custodia-ceo-caitlin-long-on-master-accounts-her-fight-with-the-fed

 

  • Hook 'Em 1
Link to comment
Share on other sites
  • 3 weeks later...
  • 3 months later...
Brisketexan

Brisketexan 106,607

Posted
Posted

There are people who think that's clever.  They are wrong.

Yankees tickets are not marketed and sold as an investment ("Buy these tickets, they are an investment that will go up in value that you can then sell!")  In fact, policies with respect to MLB tickets 1) are designed to DISCOURAGE buying them as an investment (anti-scalping policies) and 2) allowing for a limited resale market is a secondary activity -- because you know that sometimes people will want to sell their tickets, you allow it, but it's not why you sell the original buyer the ticket.

As opposed to NFTs, where the "access to a cartoon" is a sham -- it's not even a secondary purpose.  The primary purpose is plainly stated: they are an investment, hold on to them as they grow in value and make money!

The membership that Disney+ sells me?  THAT is for "access to a cartoon" (and all the other entertainment on the platform.  Disney says nothing about me reselling my subscription (and in fact bars it).

It's not clever.  It's transparent.  If a primary or even major part of the marketing of something is as an investment, then it probably should be regulated as such.

  • Hook 'Em 4
Link to comment
Share on other sites
  • 4 weeks later...
  • 1 month later...
bernorange

bernorange 8,385

Posted
  • Author
Posted

Marc Andreessen appeared on Joe Rogan's show and talked about Operation Choke Point 2.0.  Now it's starting to go viral and people that had no clue are learning about it.

This is the post Elon Musk referenced (not shown in the embedded tweet, but visible on X if you click on the tweet):


 

Link to comment
Share on other sites
Dnaguy

Dnaguy 12,569

Posted
Posted

1.) What’s a ‘tech founder’? That’s sounds lkke an amorphous term used to illicit an image of an Elon or Peter Teil. However, you know who else was a tech founder? 
Elizabeth Holmes. Sam Bankman Fried. They kind of were bad guys and all.

2.) Who are these people. Put up or shut up.

3.) There’s a ton of smoke being thrown out here…. But the article keeps using anecdotes of folks followed by a statement: Bit nobody know how many…..

Let’s see it. Show your evidence.

You don’t have a right to a bank account. And if the government is insuring your account, then they kind of call the shots, no?

And you know how much shit I had to give the bank for business accounts or lines of credit… which my guess is also what these folks were asking for from these banks….. a fuck ton. Banks don’t want the kind of heat and smoke a non profit who could be skirting taxes and dicking around the edge of legality.

Everything is a conspiracy to Rogans audience and Elon stokes the fears to drive engagement.

What a nothing burger that will eventually be used to further consolidate the 1%’s, Republicans, and Trumps power.

  • Hook 'Em 7
  • Like 1
Link to comment
Share on other sites
CowboyFred

CowboyFred 1,162

Posted
Posted

Ahhh yes dive down a rabbit hole of bullshit 

1 hour ago, bernorange said:

The Nic Carter tweet I include in my previous post was the start of a twitter thread.  You can dive down the rabbit hole yourself if you are actually interested in learning about the issue.

Ahhh yes dive down a rabbit hole of bullshit

  • Hook 'Em 1
Link to comment
Share on other sites
  • Popular Post
wildcat09

wildcat09 29,554

Posted
  • Popular Post
Posted

On a related note, I will never stop laughing at how desperate libertarians are to suck up to wealthy private individuals and how eager they are to transfer all of the power they're terrified of a representative government having to fewer than five trust fund kids. 

  • Hook 'Em 7
  • Like 3
  • Fuck Around and Find Out 1
Link to comment
Share on other sites
956 Worldwide

956 Worldwide 35,509

Posted
Posted
4 hours ago, bernorange said:

Both Elon (posted previously) and Vivek are sounding the bell on OCP2.0.

 

I’m completely uninterested in doing any more research on this but thank you for posting this.  I saw a clip of this guy being absolutely stupid about military aviation on Twitter and wondered who he was and why he was talking about future weapons platforms; now I see he is just another Silicon Valley dipshit. 

  • Hook 'Em 2
  • Like 1
Link to comment
Share on other sites
  • Popular Post
Brisketexan

Brisketexan 106,607

Posted
  • Popular Post
Posted
On a related note, I will never stop laughing at how desperate libertarians are to suck up to wealthy private individuals and how eager they are to transfer all of the power they're terrified of a representative government having to fewer than five trust fund kids. 

BRAV-FUCKING-O.

Truly amazing to me. “Power concentrated in government which has thousands and thousands of unique individuals in it, and is at least somewhat answerable to voters” is BAD. “All that power and more in the hands of 4-5 sociopaths answerable to no one” is PERFECTION.

The fucking cognitive dissonance of this entire era is deafening. It’s incredible.
  • Hook 'Em 8
  • Like 1
  • Fuck Around and Find Out 1
Link to comment
Share on other sites
bernorange

bernorange 8,385

Posted
  • Author
Posted (edited)

@956 Worldwide- I assume you are referring to "Paul" and not Marc Andreesen or Nic Carter?  I have no idea who Paul is.  Doesn't matter to me.  The OCP2.0 issue is easy enough to find from other sources (Nic Carter was one of the first to investigate/report on it).

Edited by bernorange
Link to comment
Share on other sites
Bullneck

Bullneck 19,454

Posted
Posted
8 minutes ago, bernorange said:

 

 

First of all, who gives a shit if 30 tech founders were debanked?  Why do you care so much?

Second, you post "third shitter on the left" online garbage like it's 1) fact, and 2) something to be concerned with.

Why are you so into all of this crypto crap? I'm talking to YOU.

Link to comment
Share on other sites
randomhorn

randomhorn 2,111

Posted
Posted
22 hours ago, bernorange said:

Both Elon (posted previously) and Vivek are sounding the bell on OCP2.0.

Noted crypto pump and dumpers are concerned their ability to pump and dump crypto might be impacted. Film at 11.

  • Hook 'Em 2
Link to comment
Share on other sites
  • Popular Post
wildcat09

wildcat09 29,554

Posted
  • Popular Post
Posted
3 minutes ago, randomhorn said:

Noted crypto pump and dumpers are concerned their ability to pump and dump crypto might be impacted. Film at 11.

If ten billionaires who hold most of the Bitcoin in the world can’t get even richer by defrauding regular people are you even free?

  • Hook 'Em 6
  • Like 2
  • Haha 1
  • Fuck Around and Find Out 1
Link to comment
Share on other sites
Dnaguy

Dnaguy 12,569

Posted
Posted
50 minutes ago, bernorange said:

Context for Brian Armstrong's comments:

 

Demanding transparency from the government from a crypto industry whose hallmark is secrecy and unaccountability.

This fucking simulation keeps getting more and more absurd 

  • Hook 'Em 3
  • Like 1
  • Drool 1
Link to comment
Share on other sites
bernorange

bernorange 8,385

Posted
  • Author
Posted
Quote

This week, Venture Capitalist Marc Andreessen appeared on the Joe Rogan podcast and made some explosive claims about the systematic “debanking” of politically disfavored firms and individuals, specifically the crypto industry. At the start of the clip, he fingers the Consumer Financial Protection Bureau (CFPB), an agency created largely by Elizabeth Warren, as the culprit behind the debanking of crypto startups. A number of critics pushed back, saying that not only is such debanking not happening, but the CFPB is actually focused on ending debanking.

The problem is that there’s several different questions being litigated here. The first: what is Marc Andreessen complaining about, and are his concerns valid? The second: what role, if any, does the CFPB play in the debanking of politically disfavored entities — are they a culprit or an inhibitor?

Many on the left are not familiar with the concerns that the crypto industry, and the right in general, have leveled around debanking. Hence the general sense of bafflement or disbelief following Marc’s statements and Elon boosting on X. To start off, I think it’s worth reading Marc and Joe’s conversation in full, since many on X are responding to mere snippets of it, and it was an in-depth piece of commentary that includes many distinct claims. See the appendix for the full transcript. Let’s dig in.

...

More:

https://medium.com/@nic__carter/marc-andreessen-and-the-cfpb-debunking-the-debanking-debunkers-33e934442647

 

Link to comment
Share on other sites
Bullneck

Bullneck 19,454

Posted
Posted

Bern, don't worry your pretty little head.  The Crypto Boss will be in power soon and you will be rich!  You can buy Trumpcoin on margin and pay for all the things you really don't want the Deep State to know about.  

Oh, yeah, the Deep State will be gone, but Elon is going to have his AI doing surveillance on you.  So, pay the piper or else.

  • Like 1
Link to comment
Share on other sites
956 Worldwide

956 Worldwide 35,509

Posted
Posted

Reminder on Andreessen: He funded a fintech startup that collapsed and left thousands of people locked out of their accounts that turned out not to be covered by the FDIC. 
 

https://finance.yahoo.com/personal-finance/synapse-bankruptcy-fintech-safety-183845965.html

Quote

When startups collapse, the losers usually are direct stakeholders like investors, founders, and employees.

But when fintech Synapse went under earlier this year, thousands of users also were left holding the bag. In some cases, that meant their life savings.

Catch up quick: Synapse was a middleman, connecting fintechs that didn't have banking licenses with actual banks.

It raised just over $50 million in VC funding, most recently in a $33 million Series B round in 2019 led by Andreessen Horowitz (which took a board seat).

Earlier this year a dispute over account balances arose between Synapse and lender Evolve Bank, resulting in Synapse locking users out of their accounts. Synapse's fintech partners bailed, and bankruptcy followed.

That dispute remains unresolved, with a court-appointed trustee estimating that there are between $65 million and $95 million in missing funds. For example, a woman named Kayla Morris so far only has recovered $579 of $282,153 that she believed was kept in FDIC-insured accounts — cash that the mother of three had saved to buy a house.

 

  • Fuck Around and Find Out 1
Link to comment
Share on other sites
 Share
Go to topic listing


Football ... Basketball ... Baseball ... Other Sports ... Futbol ... 🤫995🤫 ... Gambling ... Movies & TV ... Music ... Hobbies ... Lulz ... Food & Travel ... Daily Texan ... Business and Markets ... Cloak Room ... Help ... For Sale ... Board Discussion ... Subscribe!... Donate!... Advertise... COOKIE MONSTER!

×
×
  • Create New...