Conspiracy Theories, Part III

Let's do an update; 22 Mar 2022. I left the entire update above the fold. 

I said if I thought of other so-called conspiracy theories I'd post them. 

Part 1

Part 2

How many of us were considered kooks because we believed the contents of Hunter Biden's laptop were very damaging to then candidate Joe Biden? The New York Post wrote a story. Said story was utterly ignored the lamestream media. Or, if covered, was deemed disinformation. 100's of talking heads across the airwaves of CNNMSNBCABCNBCCBS denounced it as heresy and, well, wrong. People who pushed the narrative were barred from social media platforms and were called conspiracy theorists. Only Fox News covered it, but it wasn't always truthful. Several of the Fox talking heads toed the party line it was Russia, Russia, Russia!!!! 

Welp, now the New York Slimes has decided the laptop and its contents are true and worthy of print. This, after former VP Biden was "elected" and firmly entrenched at 1600 Pennsylvania Ave. This, after the lives of some of the folks who dared cast light in the existence of the laptop were altered and in many cases, destroyed. Are you aware the owner of the computer store were Hunter left the laptop has had to declare bankruptcy. And has to go into hiding due to death threats. Tony Bobulinski has been canceled. Others have been permanently deplatformed across Twitter and fakebook. 

This latest conspiracy theory to come true has generated its own, new, conspiracy theories. 

The first is that the New York Slimes can print the story because Biden has been successfully installed and enough time has passed as to make what went on back in Oct 2020 water under the bridge. I.e. old news. 

The second id slightly more sinister: is this is the opening salvo in the dems and the shadow governments attempt to jettison Biden and Harris before they do too much more damage to the swamp creatures truly running things right now and to avoid being completely swept aside in 2022 and 2024? By laying this ground work of the obvious corruption Biden has been involved with over the years, it will make it easy to get rid of him in some manner. His son is already under investigation for tax issues related to his business dealings. How long before that investigation turns to the former VP?

As for the first theory, that is a given in my opinion. Nobody in their mind thought the contents of the laptop were anything less than what was reported. The Biden family is corrupt. A side note: I met Beau several years ago while deployed to Iraq. Spoke with him several times. He was a decent dude, for an officer 😆.  But I have no inside dope.

The second theory, if its gonna happen, it will have happen soon. I don't think there is a soul within the shadow government who wishes to see Harris become president. For that matter, I don't think there is hardly anyone who would like to see Harris become president. She is not worthy nor qualified. I know it, you know it, and more importantly, those pulling the levers behind the curtains know it. Saying that, if Biden is to be disposed of, it needs to happen before the upcoming election. After that, Pelosi will no longer be Speaker of the House, and 3rd in line. I'd look for a resignation of Harris, and new VP sworn in (that gapped tooth butthole from Georgia perhaps?) shortly followed by the former VP deciding its time to retire to his Delaware farm.

How long do conspiracy theories lasts? About six months, which is when they become true. This one took a little longer than usual. 

Sales Up, Prices Down

The foreclosure bubble has hit the local market.

Home sales actually increased from this month last year by about 2,000. But the values continue to tumble. The culprit? Foreclosures. The number of foreclosed homes sold this past month were up 73% from last year.

Bottom line is that people are looking for deals. Banks have a large collection of foreclosed homes they need to get rid of. Put the two of them together and you will see an uptick in sales but a decrease in values as banks unload homes in their inventory.

Banks to Raise Fees

In the arena of unintended consequences, banks are going to introduce or raise fees for users of debit cards. When the democrat-controlled Congress and President Obama passed the finance reform bill, banks had to find other ways to make money. The fees are probably the first of many increases that we will see over the next few years.

Waters Wants to Take Over Banks, Oil

Looks like our favorite kook from California is at it again. I know, the list of kooks from California is quite long, but I really do think she heads up the list.

Maxine Waters, Rep from the once great state of California, is now threatening banks with higher taxation if they don’t bow down to her demands.

(h/t: Glenn Beck)

Isn’t this the same Maxine Waters who may have given preferential treatment during the bailout scrambles to a bank that her husband served as a board member? And isn’t she under some form of Congressional ethics investigation for possibly using her influence to get that bank a bailout?

I really don’t think this socialist is going to be happy until her state has been driven into the ground. After that, then she is going to try and put all businesses under the government control. This video while a bit old, really sums her feelings towards private businesses in this country.

Please note the reaction of the two people on the left side of the screen (her right) after she says “This liberal would be all about socializing, ahh…” It sure looks like to me they cannot believe she actually supports taking over an American business. Just what this nation needs. The government running businesses. You think the price of gas is high right now, wait until the government tries to run it. I think would look back with fondness $10/gallon gasoline.

Come to think about it, this sounds more like what the Nazi’s did in Germany back in the 1930s. I’m just sayin’

Consumer to Pay More For Debit Card Transactions

Here is a little something you can thank the Obama administration for. You know those debit cards that we’ve gotten used to using as a super easy convenience? It looks like now we are going to have to pay for that ease of use. In the past, financial institutions charged fees to merchants and heavily penalized consumers who got careless.

The new financial reform bills recently passed in Congress is going to blunt the bank’s ability to charge those fees, which garnered more than $50B.

For years, banks subsidized most debit-card holders by levying heavy fees on retailers and overdrawn consumers. Merchants paid a processing fee averaging 44 cents every time a shopper swiped a card. And careless cardholders typically got dinged $35 every time the bank covered an overdraft.

Last year the nation’s banks collected more than $50 billion from merchant fess and overdrafts, including checking and ATM balance-busters as well as debit-card transactions.

That is likely to decline, however, thanks to new rules mandated after the nation’s financial crises. Starting in October, merchants will pay 21 cents per transactions for debit processing. (Source: Seattle PI)

If you think the banks are going to absorb these costs out of the goodness of their hearts, then you just haven’t been paying attention. Capitalism requires every business to make a profit. And when you have a money-making machine like the debit card, the smart thing is to figure out a way to keep the golden goose laying those awesome eggs. Now that the Obama administration has tied the banks’ hands, they are going to pass this along to the consumer.