Bright Vision Network | Site-Wide Activity

Mon, 31 Mar 2025 00:31:58 -0600

Skye Duncan changed their profile picture

Mon, 31 Mar 2025 00:31:35 -0600

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Skye Duncan became a registered member

Mon, 31 Mar 2025 00:06:43 -0600

Lewis created the group BrightIQ Agents

Sun, 30 Mar 2025 23:43:10 -0600

Lewis and Daniel are now friends

Fri, 27 Oct 2023 18:03:16 -0600

Fri, 27 Oct 2023 17:47:33 -0600

You've been warned...

Wed, 03 Mar 2021 03:11:55 -0600

You’ve been warned…

Wed, 23 Dec 2020 23:30:33 -0600

Wed, 23 Dec 2020 23:29:10 -0600

Someone ask me today, “what makes the leadership at Socialegacy different?” Well, we have conviction in our abilities to survive and innovate with the best in the world. We’ve spent two decades perfecting systems that will produce positive returns month in & month out for the next twenty decades. It’s really a mindset of being patient yet aggressive. Once we’ve mastered and harnessed a situation, we pretty much control the chess board, our preparation is that serious, and that meticulous. Si vis pacem, para bellum

Thu, 17 Sep 2020 02:38:03 -0600

Someone ask me today, “what makes the leadership at Socialegacy different?”

Well, we have conviction in our abilities to survive and innovate with the best in the world. We’ve spent two decades
perfecting systems that will produce positive returns month in & month out for the next twenty decades. It’s really a mindset of being patient yet agg…Read More

The greatest wealth transfer in history will take place over the next three years. What does this mean for you? It means now is not the time to blindly hand your money over to Wall Street or bury your head in the sand. Your 401(k) won’t save you in this COVID-19 world. As our economy continues to be pumped with money, the money will end up in the hands of only a few, redistributing wealth and creating even more of a wealth gap. Do you know where your money is going to end up? In the hands of people who know how to get rich. Even during the Great Depression, when one-third of Americans were financially devastated, more millionaires were created at that point in time than at any other time in American history (adjusted for inflation). The same is true now: one-third of Americans have and will be hit hard by the pandemic and the recession; one-third will be able to maintain their lifestyle, but it will be increasingly tougher to do so; and one-third of Americans will get much richer. Which group will you be in? If you want to be part of the third that gets rich, here are three things to keep in mind. Prioritize Cashflow and Reinvest Have you ever wondered why a staggering number of lottery winners end up bankrupt within five years of winning? It’s because Americans are poorly trained on how to use money to create cashflow. Entrepreneurs aren’t much better when it comes to investing in anything outside of their business. They think it’s about accumulation, setting money aside, taking unnecessary risks, and trusting financial pundits and experts who, in reality, are nothing more than salespeople. Making money is one thing. Keeping it is entirely different. As we navigate this pandemic and the ensuing wealth transfer, cash is going to be king. Opportunities will be available, but only to those who have liquid capital available to bail out needy business or home owners. If you are automatically allocating money to plans that lock your money away or require performance from a stock market you have no control or expertise over, plan on a bumpy (and disappointing) ride. Automatically save, but deliberately invest. This isn’t about setting it and forgetting it or investing early, often and always, instead it is about having cash on hand to capitalize on opportunities. You must focus on cash management and cash flow, but people paid commissions won’t be able to tell you this- it is a threat to their income. Let me break this down to five levers you can pull in order to become a better cashflow investor—and don’t worry, these are about leveraging knowledge, not capital. #1: Plug The Leaks You can keep more of what you make without cutting back. Look to save on taxes, interest, investment fees (especially on non-performing investments), and insurance. Make sure you don’t have duplicate coverage or improper structures that are costing you more. There is substantial opportunity to save on tax. Due to CARES there are several IRS acts that may allow you to go back and amend your returns and get a refund. #2: Know Your Costs What are your monthly costs? Not necessarily to thrive, but just to live. You can’t achieve financial independence—having income from assets cover your basic costs—until you know what those basic costs are. Once you have that piece, you can work backwards to create the cashflow necessary to cover your costs and invest money you earn back into yourself. Once you know your costs, differentiate your expenses. There are 4 types: 1- Destructive, eliminate those. 2- Lifestyle, manage those and pay cash. 3- Protective, having cash is part of this as well as asset protection and insurance. 4- Productive, these are investments that when you put in a dollar more than a dollar comes back to you. #3: Accelerate Investment Income Too many people have been trained to save 10% and attempt to earn a 10% return on that money. That approach has been leaving people well short of their retirement goals for decades now, and it’s only going to get worse in a post-COVID world. So, stop looking at easy or automatic investments like mutual funds and shift your focus to investments that create cashflow from day one. Another note, protect the downside. Focus on risk management and mitigation. Stop gambling with your money. If you don’t know how you benefit now and in the future, when it is a good time to get out and be in cash, or if you think high/risk=high/return, you are on the wrong side of the equation. You are taking risk while others get a return. Instead, look to make money on the buy, create cash flow from day one and be patient. Rookie investors always stay invested, pros sit on the sidelines until the opportunities are right. #4: Scale Business Revenue Your best investment is likely your business. You may even consider buying complimentary businesses that have people retire or simply didn’t manage their business properly and you can buy it for a deep discount. The economic turmoil and struggle is only at its beginning. The opportunities will be plentiful for the next few years. #5: Make It Count Money is a great benchmark when it is the context of ways to improve your life. What about money is important to you? What are the best uses of money for you? Invest back in yourself. Invest in the things that move the needle: marketing knowledge, emotional intelligence, financial IQ, and things that will be necessary to add substantial value to grow your wealth. Make Sure Your Wealth Is Sustainable In addition to prioritizing cashflow, take a look at your risks. This is what the pros do: they learn to manage and mitigate risk. Part of the new reality we’re going to face is that inflation is going to sting. The government is pumping trillions of dollars into the economy, without any value being created for those dollars, therefore, devaluing the worth of your dollars. You don’t have to be an economist to know a day of reckoning is coming. Now is the time to protect your profits. How do you do that? By looking for assets, not stocks or funds. A lot of business will go on sale in the next few years. Could you buy one? If there’s already infrastructure in place and you can add value through your expertise, that investment could be profitable from the start. You could also invest in real estate, although I’d opt for residential real estate that people will be looking for no matter what the economy does. The stock market is artificially inflated with the printing of money and automated deposits from retirement accounts AND the price to earnings and multiples are temporarily inflated. Those sitting in funds will lose. Hedge funds will sell short and take those dollars and it is time to be mindful and careful. This is your warning. You Can Become Part of the Upper Third No matter who you are, you can join the one-third of Americans who will get rich during the wealth transfer we’re about to experience. Most Americans talk about passive income, but what does that mean? It means the money passes them by on its way to make someone else rich. Take time choosing investments and be active in the selection, handing money over and relying on others that are paid more on commission than performance will be a costly mistake. Now that you know what it takes, the only missing piece is action. There will be money to be made in the next three years. Will you be part of the third who captures it?

Wed, 16 Sep 2020 00:52:24 -0600

The greatest wealth transfer in history will take place over the next three years. What does this mean for you? It means now is not the time to blindly hand your money over to Wall Street or bury your head in the sand. Your 401(k) won’t save you in this COVID-19 world.

As our economy continues to be pumped with money, the money will end up in t…Read More

🤩 Shift your mindset from transactional to long term. ⠀ 🔑 The #1 advice that I would give to shift your mindset is to stop treating your business like a job. ⠀ ⠀ 🚀 Make your money work for you. Start thinking long term. Innovating what it takes to break the chains of financial slavery, I am driven to deliver the financial knowledge that fuels lasting freedom.⠀

Mon, 14 Sep 2020 11:06:31 -0600

🤩 Shift your mindset from transactional to long term.
⠀
🔑 The #1 advice that I would give to shift your mindset is to stop treating your business like a job. ⠀
⠀
🚀 Make your money work for you. Start thinking long term. Innovating what it takes to break the chains of financial slavery, I am driven to deliver the financial knowledge that fuels…Read More

Housing Bust 2.0 -- Subprime Crisis, Millions of Homeowners with Delinquent Mortgages 50 Million out of work, double-digit unemployment, everything is shut down, cities burning, everybody is angry at everybody, Mortgage delinquencies of at least 90 days rise to the highest level in 10 years, millions of homeowners cannot make the mortgage payments, 30% of homeowners said they had less than $1,000 in savings, and 40% said they would run out of savings in less than a month. Furloughs, layoffs, and decreases in hours are projected to continue for several months as businesses are forced to stay closed. Eventually, borrowers will burn through their savings and default of their mortgages resulting in an increase of foreclosures. Twenty million renters at risk of eviction. More than 20 million people, or one in five of the 110 million Americans who live in households that rent, are at risk of eviction by the end of September, according to the COVID-19 Eviction Defense Project (CEDP). While economic stimulus payments and unemployment insurance have allowed tenants to remain in their homes throughout the pandemic, CEDP Co-Founder Zach Neumann says that it is likely to change dramatically, with enhanced unemployment insurance set to expire at the end of the month. The number of serious mortgage delinquencies rose to a 10-year high in July, according to a report released by financial data firm Black Knight. 32% of households have not yet made their full housing payments for July. The number of homes with mortgage payments more than 90 days past due but not in foreclosure rose by 376,000 in July to a total of 2.25 million, according to Black Knight. Serious mortgage delinquencies are now at the highest level 10 years and have increased by 1.8 million since July 2019.

Sun, 13 Sep 2020 21:11:26 -0600

Housing Bust 2.0 — Subprime Crisis, Millions of Homeowners with Delinquent Mortgages

50 Million out of work, double-digit unemployment, everything is shut down, cities burning, everybody is angry at everybody, Mortgage delinquencies of at least 90 days rise to the highest level in 10 years, millions of homeowners cannot make the mortgage…Read More

The Blueprint To A Robust Business Enterprise 1. Be demand driven. “Talk to” real market demand to find market opportunities. 2. Think niche. Drill down on the demand.Don't try to be everything to everyone. Remember the business enterprise is only part of a Infinite Entrepreneurs plan. We rise above and leverage competition. 3. Choose market opportunities with the greatest “wealth-building” potential. Make sure it resonates with the legacy you want to build. 4. Identify and connect local assets and partners to address the market opportunity and meet demand. 5. Build relationships – trusted, flexible, boundary-crossing, inclusive. 6.Coordinate action to create a “wealth-building system” that optimizes the use of local and international assets to fill gaps and leverage resources. 7. Measure your results – to plan and strengthen wealth-building, and to tell your story. 8. Independent revenue. Develop or tap into a system in place that’s independent of the previous 7 factors. This will allow you to focus on perfecting your enterprise in a relative stress free manner. TAP IN

Sun, 13 Sep 2020 21:08:12 -0600

The Blueprint To A Robust Business Enterprise

1. Be demand driven. “Talk to” real market demand to find market opportunities.
2. Think niche. Drill down on the demand.Don’t try to be everything to everyone. Remember the business enterprise is only part of a Infinite Entrepreneurs plan. We rise above and leverage competition.
3. Choose mar…Read More

Lewis and Wealth Development Group are now friends

Sat, 12 Sep 2020 20:39:36 -0600

Wealth Development Group changed their profile picture

Sat, 12 Sep 2020 20:39:12 -0600

Capitalism Is About Information, Not Things..... He who gathers, filters, and redeploys weaponized information wins. This is what makes an Infinite Entrepreneurs infinite.

Sat, 12 Sep 2020 01:31:19 -0600

Capitalism Is About Information, Not Things…..

He who gathers, filters, and redeploys weaponized information wins. This is what makes an Infinite Entrepreneurs infinite.

The ruling elites from Deutsche Bank are warning that the “age of disorder” is coming. If you know anything about those wealthy bankers who pull the strings of the political puppets, you know they desire to control and own the world, and regularly use the phrase “ordo ab chao.” Order out of chaos. Deutsche Bank analysts have said in a new research note, that this “age of disorder” will likely reshape politics and economics. And you can bet none of that “reshaping” will be done in the best interests of the general population. They will “reorder” society as they see fit to keep us in a two-tier society as their slaves. While we saw “the best-combined asset price growth of any era in history, with equity and bond returns very strong across the board” since 1980, “the Age of Disorder” is likely to break this trend, said Deutsche Bank elitists, according to a report by RT. Economic war will go on complete with tariffs, sanctions, and attacks in the technology sphere regardless of who wins the 2020 presidential election say the banksters. These slave masters want to shift even more power and fiat currency away from the public and into their hands. “Such a shift in the balance of power could include a harsher inheritance tax regime, less income protection for pensioners, more property taxes, along with greater income and corporate taxes… and all-round more re-distributive policies,” the Deutsche Bank report said. Translation, be ready to be their slave, and obey their commands. Pay attention and be aware of what’s going on, but do not live in fear. Knowing is different than fearing. It gives you the opportunity to prepare yourself and get ready for what they have planned for us.

Fri, 11 Sep 2020 17:43:57 -0600

The ruling elites from Deutsche Bank are warning that the “age of disorder” is coming. If you know anything about those wealthy bankers who pull the strings of the political puppets, you know they desire to control and own the world, and regularly use the phrase “ordo ab chao.” Order out of chaos.

Deutsche Bank analysts have said in a new res…Read More

Fri, 11 Sep 2020 17:40:34 -0600

Wealth Development Group changed their profile picture

Fri, 11 Sep 2020 17:39:24 -0600

Money is something that a majority of people do not master. The more I talk about money with people, the more I realize that many have a total ignorance of the subject. It’s not that surprising. The education system has never taught you what money is, and even worse, how to manage your money in order to make the right decisions for your future. There is one basic rule that you should have in mind, and it applies to all areas, and therefore to money: “In life, it’s your ignorance that costs you money.” So the less you know about money, the more you risk losing a lot of it. Whether you are very rich or very poor, this rule applies equally. I don’t know how many stories I’ve read of extremely rich people who have squandered all their hard-earned money in a few years. Yet these people had everything they needed to enjoy their wealth. Well, when I say everything, I should say almost everything. These people did not know enough about money to manage it properly. If you don’t know how to manage your money, you can still become rich, but you won’t stay rich. That’s for sure. Look at all the sports stars in the United States who make tens of millions of dollars throughout their careers. They then find themselves virtually out on the street at the end of their careers. On the other hand, even if you are middle-class or poor, you have a real chance to improve your life enormously if you learn how to manage your money wisely.

Fri, 11 Sep 2020 13:14:49 -0600

Money is something that a majority of people do not master. The more I talk about money with people, the more I realize that many have a total ignorance of the subject.

It’s not that surprising. The education system has never taught you what money is, and even worse, how to manage your money in order to make the right decisions for your f…Read More

Change Is Hard! It's a sentiment so widely accepted as fact that we don't question whether or not it's actually true. And there are good reasons whether or not if it's actually true. And there are good reasons why many of us see change as a mountain climb. But contrary to popular opinion, change-whether personal or in business-doesn't have to be agonizingly painful. The online community you have entered will shatter the myth that change is hard - that achieving lasting prosperity is unachievable. You simply have to want it! I'll show you how easy change can be when the brain's preference for change is honored.

Fri, 11 Sep 2020 04:03:40 -0600

Change Is Hard!

It’s a sentiment so widely accepted as fact that we don’t question whether or not it’s actually true. And there are
good reasons whether or not if it’s actually true. And there are good reasons why many of us see change as a mountain climb. But contrary to popular opinion, change-whether personal or in business-doesn’t have to…Read More

You've been taught that EXCESS is wrong. That "excess money" is evil. That only unethical greedy people get rich and that they get it by taking it from others and that they always seek MORE AND MORE OF IT, TO SATISFY THEIR EVIL GREED! Your friends and family make you feel like having MORE THAN WHAT YOU ACTUALLY NEED, IS JUST TOO MUCH. They're quick to say... "You don't really need all that!" "Why would anybody need that much?" "All you really need is..." They're quick in wanting you to SHRINK so that you'll only have JUST ENOUGH, JUST LIKE THEM, AND ONLY SCRAPE BY TO PAY THE BILLS, while having a little left over at the end of the month to play the lotto or see a movie. Well...I'm here to tell you from first hand experience... IT'S ALL BULLSHIT!

Thu, 10 Sep 2020 13:45:24 -0600

You’ve been taught that EXCESS is wrong.

That “excess money” is evil.

That only unethical greedy people get rich and
that they get it by taking it from others and
that they always seek MORE AND MORE OF IT, TO
SATISFY THEIR EVIL GREED!

Your friends and family make you feel like having
MORE THAN WHAT YOU ACTUALLY NEED, IS JUST TOO…Read More

About 3 to maybe 5 percent of the world have EXCESS and because of that, they control the other 95 or 97 percent who do not! This small percentage of the WEALTHY have all the CONTROL over the less fortunate because of putting themselves in a position to actually have MORE THAN WHAT THEY NEED. Only 3 to maybe 5 percent control the world’s wealth, while everybody else is playing catch up, trying not to sink in a pool of debt. The rich are getting richer and the poor are getting poorer, BECAUSE OF THE DECISIONS THAT THE TWO OPPOSITES ARE MAKING. You’re probably still scratching your head wondering why you’re working 40 to 70 hours a week, BUT YOU’RE STILL BEHIND AND STILL BROKE, but I’ve got answers…

Thu, 10 Sep 2020 13:35:33 -0600

About 3 to maybe 5 percent of the world have
EXCESS and because of that, they control the
other 95 or 97 percent who do not!

This small percentage of the WEALTHY have all
the CONTROL over the less fortunate because of
putting themselves in a position to actually
have MORE THAN WHAT THEY NEED.

Only 3 to maybe 5 percent control the…Read More

The Biggest Wealth Transfer in History Is Happening Right Now You can choose to be on the right side of it. A lot of money is changing hands right now. There are those who understand what is happening and those who are snoozing their way to having a large portion of the value they’ve created eaten for breakfast by a stranger in a red devil suit. The biggest wealth transfer in history is explained as a result of US$16 trillion going from one generation to the next. This is logical. The wealth transfer I’m talking about is of a different variety. It’s the result of the way money, and the assets it can buy, being completely turned upside down. Record unemployment and record highs in the stock market are the first bright red flag. As an investor and somebody who has spent 9 years working in finance, I’ve learned to be fearful (in a good way). Fear translates to selling while everybody else is buying. Fear translates to not believing the hype. Hype will destroy your financial future. I’ve talked about the trillions of dollars the US is printing right now to place a band-aid over an economy that was showing huge cracks before the global health crisis in September last year. In short, the REPO Market blew up. This REPO market in really simple terms is where hedge funds, banks, and brokers engage in short-term lending between each other. The significance of this event is straightforward: The financial system in the US ran out of cash. What followed was a health crisis that fast-tracked this already lingering problem. The solution: print trillions of dollars out of thin air and hand some of that free funny money out as stimulus checks. Whenever I think of free money from the government I always trip over the phrase “there’s no such thing as a free lunch.” Where did these trillions of dollars go? To the people who understand them. The result of the cracks in the REPO market and the printing of trillions of dollars helped contribute to the largest wealth transfer in history that is happening right under your nose. Here’s the unconventional approach to being on the right side of that wealth transfer. Money Education Will Change Your Financial Future If there was ever a time in history to understand the basics of the financial system it’s right now. Money is being thrown around all over the place. The way money works is not hard to understand and you don’t need a financial degree from a prestigious university to get it. Once you understand money you get a chance to take advantage of the wealth transfer. The part that has always stuck out to me is that we bust our chops to go to work each day and earn a paycheck. We give up our time for money, so we better understand how it works. The quicker we do the less work we have to do in the long run, and the more time we can spend with our families. A lot of the value you create through your job is taken away from you without you knowing. The magic trick that takes your money away is hidden behind the smoke and mirrors of money printing, inflation vs. deflation, M2 money supply, loans issued by banks that effectively create money out of thin air, and the tax system you auto opt into when you get a salary or start a business. I will continue to spread financial education in ridiculously simple terms to help you understand these concepts that automatically work against you. Your Psychology Many investors think they are invincible at the moment. They’re high on their own ego. They can’t see reality hidden amongst all the false data that tries to say “we’re fine” while unemployment and bankrupt businesses act as a burning backdrop. How you think determines your ability to access the wealth transfer. The world will be fine, of course — but the world will look different. Some people will walk away with huge amounts of wealth for doing very little. Others will walk away with less than they had before this monumental event began last September. Abundance is everywhere around you. All you have to do is fine-tune your psychology. Here’s how I do it: Practice stress relief daily (meditation is my best friend) Challenge your beliefs. Seek out diverse opinions. I consume content from people who agree with my point of view and, from people who think the world is ending. Both sides of the argument contain keys to your financial future. Dare to see things better than they really are. Delusion is helpful when seeking out opportunities. Delusion tells you why not me? The Way You Make Your Money A wealth transfer happens when you understand diversification. Diversification protects you. The trouble is many of you don’t take the idea of diversification and apply it to earning a living. You bet your future on a single company to make a direct deposit into your bank account every month/fortnight. The biggest wealth transfer in history requires you to put your money to work and ensure that your wealth has more than one side to it. You have your main source of income; you hopefully have a return on the money you invest; then you have your side projects that drip feed a little extra money in your pocket. Betting on one source of money when even the casino has no idea what’s going to happen is dangerous. Content Creation as a Job The final part of this wealth transfer is happening online. Each of you has the ability to exploit your knowledge worker ability and create content. Everyday events have enormous value when they are released as content in the form of writing, videos, audio or images. Content is how you attract ideas and people into your life. Those two things help you create wealth. All of us will be content creators in the new world. Expect a future employer to request a copy of your social media posts to see how you think, and how you’re moving your industry forward. Transfer some of the wealth that is created by sharing what you know and using it to solve real problems. Final Thought Your life has value. Your work is given dollar signs to represent its value. Make sure the value next to your name is a true reflection of your capability and the endless possibilities that exist, thanks to this upside down world of finance that will inevitably change forever.

Thu, 10 Sep 2020 13:29:19 -0600

The Biggest Wealth Transfer in History Is Happening Right Now
You can choose to be on the right side of it.

A lot of money is changing hands right now.

There are those who understand what is happening and those who are snoozing their way to having a large portion of the value they’ve created eaten for breakfast by a stranger in a red d…Read More

JPMorgan Finds Some Employees "Illegally Pocketed" Covid-Relief Funds Yesterday, when we first reported that JPMorgan was probing its employees' role in abuse of PPP funds following reports of "instances in which Covid-relief funds were misused by customers and is probing employees’ involvement in the potentially illegal activities", we said that it was about time the role of banks was put under the microscope because " while it was easy to blame the administration for rushing to hand out hundreds of billions in grants/loans (without which the US economy would still be in a depression), a key question is how and why did the private banks that were gatekeepers for all this capital, allow such abuse to take place." Well, it now turns out that not only did JPM employees allegedly enable fraud by clients when obtaining PPP loans, the largest US bank also found that some of its employees themselves "improperly applied for and received", i.e. stole, Covid-relief money that was intended for legitimate U.S. businesses hurt by the pandemic, according to Bloomberg. The bank discovered the actions, which were tied to the Economic Injury Disaster Loan program, "after noticing that suspicious amounts of money had been deposited into checking accounts owned by bank employees." The findings prompted an unusual all-staff message from JPMorgan Tuesday which according to Bloomberg "puzzled many across the industry for its candid admission of potentially illegal acts by some of its own while not describing what they had done." What is odd, is that unlike with the Paycheck Protection Program, banks didn’t issue or underwrite the disaster loans and grants. Instead, loans or grants came directly from the SBA, which raises questions how employees of the largest US commercial bank intermediated themselves in a process that should have been streamlined without middle-men. JPM's surprising findings of illegal employee activity come amid a broader sweep of individual accounts that received business aid. On July 22, the SBA warned banks to be on the lookout for suspicious deposits or activity as part of the EIDL program. The SBA's inspector general has also flagged evidence of fraud in the program, saying it identified more than $250 million in aid given to potentially ineligible recipients as well as $45.6 million in possibly duplicate payments. A Bloomberg analysis of SBA data last month identified $1.3 billion in suspicious payments. As a result, prosecutors have brought charges against more than 20 businesses for fraud under the CARES Act, which authorized the PPP loan program, and a recent report by the House Committee on Oversight suggested that there could have been billions of dollars worth of fraud in the PPP program. Rep. James Clyburn, a Democrat from South Carolina, called on the inspectors general of the U.S. Treasury Department and SBA to investigate the program. “The SBA does not comment on individual borrowers. Evidence of waste, fraud, and abuse with any of SBA’s loan programs is not tolerated and should be reported. ... The SBA successfully distributed 5.21 million loans and $525 billion to small businesses in an unprecedented amount of time, through the Paycheck Payment Program,” the SBA said, misstating the name of the Paycheck Protection Program. "This is going to be the biggest fraud in government history, the magnitude of which we will not know for many years to come," said Vic Hartman, a former FBI agent and author of a 2019 book about fraud based on lessons from his career. As such, it is hardly a surprise that banks are involved. On Tuesday, JPM's leaders sent a memo to roughly 256,000 employees Tuesday in which senior leaders said they were probing whether any staffers helped people misuse aid programs including “Paycheck Protection Program Loans, unemployment benefits and other government programs.” The firm had said it identified conduct by customers that didn’t meet its principles and “may even be illegal” and that some employees had fallen short on ethical standards. The bank also asked employees to report any unethical activity they’d witnessed. While the bank has identified rampant misuse of the EIDL program, only a small percentage of it has been tied to bank employees, said the person. The bank hasn’t found evidence of wrongdoing by employees related to the PPP program.

Thu, 10 Sep 2020 13:20:38 -0600

JPMorgan Finds Some Employees “Illegally Pocketed” Covid-Relief Funds

Yesterday, when we first reported that JPMorgan was probing its employees’ role in abuse of PPP funds following reports of “instances in which Covid-relief funds were misused by customers and is probing employees’ involvement in the potentially illegal activities”, we said t…Read More

The Fed plans to quietly introduce a cashless system with an 18 step plan early in 2021. This new system will enable the Fed to deposit money directly and will give them absolute control of their policies. This coming UBI stimulus scheme will be the fuel that starts hyperinflation fire since we are a consumer-driven economy; they have to get us to consume. This pandemic crisis is very convenient for central bankers as it provides an excuse for all the systemic problems. The data shows that this is a lie since numerous indicators were foretelling a recession. The fiat monetary system today is a con game. A reset of the financial system is coming, but quite likely, only sovereign debts will be forgiven, not individuals. We should be prepared for the worst-case since, during resets, currencies usually get adjusted several times before the process is over. Those countries with gold (ie, not Canada) will be in a much better position during a financial reset. Gold is severely undervalued today and heavily leveraged in paper equivalents on exchanges like the Comex. Futures traders are now standing for delivery, and these exchanges are running out. When they no longer have the physical gold, we will see fireworks.

Wed, 09 Sep 2020 17:07:16 -0600

The Fed plans to quietly introduce a cashless system with an 18 step plan early in 2021. This new system will enable the Fed to deposit money directly and will give them absolute control of their policies. This coming UBI stimulus scheme will be the fuel that starts hyperinflation fire since we are a consumer-driven economy; they have to get us to…Read More

Fri, 28 Aug 2020 14:31:27 -0600

Daniel changed their profile picture

Fri, 28 Aug 2020 14:30:56 -0600