Gensler all wet with overregulation would sink ‘meme’ markets

BEVERLY HILLS, Calif. — Gary Gensler and his Democratic colleagues on the Securities and Exchange Commission will try to sell their long-awaited report on the “meme stock” trading frenzy as a clarion call for more regulation.
But if you remove the report’s propaganda, it shows that our markets work pretty well. Even better, small investors have never been protected more from abuse than they are today.
Of course, the Biden administration doesn’t want you to see the glass-half-full version of the trading madness that occurred earlier in the year.

Read original

Gensler all wet with overregulation would sink ‘meme’ markets

BEVERLY HILLS, Calif. — Gary Gensler and his Democratic colleagues on the Securities and Exchange Commission will try to sell their long-awaited report on the “meme stock” trading frenzy as a clarion call for more regulation.
But if you remove the report’s propaganda, it shows that our markets work pretty well. Even better, small investors have never been protected more from abuse than they are today.
Of course, the Biden administration doesn’t want you to see the glass-half-full version of the trading madness that occurred earlier in the year.

Read original

‘Burn at the Stake’: Man Accused of Terrorizing TikTok Star With Porn, Threats, and Stalking

A Maryland man is accused of launching a stalking campaign against a teenage TikTok influencer with unwanted overtures, violent threats, pornographic comments—and a terrifying surprise visit to her front door.
Daniel Miller Button, 33, faces federal stalking and cyberstalking charges for the months-long nightmare he is said to have created for TikTok star PeachyFizz, who often cosplays Korean pop stars and boasts more than 1.4 million followers.

Read original

‘Burn at the Stake’: Man Accused of Terrorizing TikTok Star With Porn, Threats, and Stalking

A Maryland man is accused of launching a stalking campaign against a teenage TikTok influencer with unwanted overtures, violent threats, pornographic comments—and a terrifying surprise visit to her front door.
Daniel Miller Button, 33, faces federal stalking and cyberstalking charges for the months-long nightmare he is said to have created for TikTok star PeachyFizz, who often cosplays Korean pop stars and boasts more than 1.4 million followers.

Read original

MLMs might not be able to get away with their shady promises much longer

Say I’ve got a business selling bananas, and I want you to sell bananas, too. Presumably, you’d want to know some details about this banana business opportunity, such as whether I’ve ever been sued for lying about my business, whether the amount of money I say you would earn is accurate, and what happens if, after selling for a while, you want to quit. Perhaps you’d want to take a week to think about it before signing on.
For most business opportunities in the United States, that’s the legal standard I would have to follow to get you on board.

Read original

MLMs might not be able to get away with their shady promises much longer

Say I’ve got a business selling bananas, and I want you to sell bananas, too. Presumably, you’d want to know some details about this banana business opportunity, such as whether I’ve ever been sued for lying about my business, whether the amount of money I say you would earn is accurate, and what happens if, after selling for a while, you want to quit. Perhaps you’d want to take a week to think about it before signing on.
For most business opportunities in the United States, that’s the legal standard I would have to follow to get you on board.

Read original

Liz Cheney humiliates fellow Republican as she calls him out for falsely claiming to be on the 1/6 committee

Rep. Liz Cheney

Although House Speaker Nancy Pelosi’s select committee on the January 6 insurrection is dominated by Democrats, it includes two conservative Republican critics of former President Donald Trump: Rep. Liz Cheney of Wyoming and Rep. Adam Kinzinger of Illinois. And on Thursday, as the House moved to hold Steve Bannon in criminal contempt of the committee, Cheney called out Rep. Jim Banks of Indiana for falsely claiming to have be its ranking member.
When Pelosi first formed the committee earlier this year, she stressed that she wanted bipartisan participation.

Read original

Liz Cheney humiliates fellow Republican as she calls him out for falsely claiming to be on the 1/6 committee

Rep. Liz Cheney

Although House Speaker Nancy Pelosi’s select committee on the January 6 insurrection is dominated by Democrats, it includes two conservative Republican critics of former President Donald Trump: Rep. Liz Cheney of Wyoming and Rep. Adam Kinzinger of Illinois. And on Thursday, as the House moved to hold Steve Bannon in criminal contempt of the committee, Cheney called out Rep. Jim Banks of Indiana for falsely claiming to have be its ranking member.
When Pelosi first formed the committee earlier this year, she stressed that she wanted bipartisan participation.

Read original

GOP Candidate for CA Sec. of State Claims She Inspired Witch’s Murder

In her bid to be California’s Secretary of State, Republican candidate Rachel Hamm has the backing of some of the leading lights in the Trump movement. She has the endorsement of MyPillow CEO Mike Lindell, former Trump national security adviser Michael Flynn and Steve Bannon called her part of a “​​rising generation of superstars.”
But Hamm’s new allies often fail to mention her role battling in what she imagines as a ceaseless war with Satanists and witches.
Hamm has claimed that devil-worshippers sacrificed animals and performed other occult rituals in front of her house.

Read original

GOP Candidate for CA Sec. of State Claims She Inspired Witch’s Murder

In her bid to be California’s Secretary of State, Republican candidate Rachel Hamm has the backing of some of the leading lights in the Trump movement. She has the endorsement of MyPillow CEO Mike Lindell, former Trump national security adviser Michael Flynn and Steve Bannon called her part of a “​​rising generation of superstars.”
But Hamm’s new allies often fail to mention her role battling in what she imagines as a ceaseless war with Satanists and witches.
Hamm has claimed that devil-worshippers sacrificed animals and performed other occult rituals in front of her house.

Read original