#credit

opensciencedaily@diasp.org

Biden’s Build Back Better plan passes House as Senate battle looms


The US House of Representatives has passed Joe Biden’s Build Back Better act, which now moves to the Senate, where negotiations will continue over the legislation that includes clean energy and climate investments totalling US$555 billion.
https://www.pv-tech.org/bidens-build-back-better-plan-passes-house-as-senate-battle-looms/
#tax, #energystorageusa, #energy, #itc, #news, #storage, #investment, #acore, #credit


anonymiss@despora.de

#Money -laundering on #Twitch triggers call for #investigation from Turkish politician

source: https://www.pcgamer.com/twitch-money-laundering-scheme-triggers-call-for-investigation-from-turkish-politician/

It's a simple, straightforward #system, and so was the scam. #Thieves would use stolen #credit cards to purchase and donate large amounts of Bits to willing #streamers, who would then refund the bulk of the #donations into different accounts, keeping a small cut—reportedly 20-30%—for their trouble. Sounds like money #laundering 101, and it was apparently not a great secret.

#cybercrime #crime #leak #journalism #press #news #stream

tpq1980@iviv.hu

"#Vaccine #Passports" are about #control & will morph into #biometric ID, which will be merged with central #bank #digital #currency (market access control), a #CCP-style "#social #credit" #system & #tracking, all ultimately planned to be wrapped up in a #subdermal #nanochip.

#5G #microwave towers operate at up to #95Ghz, which just so happens to be the same microwave #frequency that the #US #Military's Active Denial System (#ADS) operates at. With a boost in arrays & #power output, 5G towers double as crowd control #weapons.

This #technocratic, #plutocratic, #authoritarian, #elitist system will be like a #prison system & will be used for social #engineering #eugenic purposes, including #population control.

#activedenialsystem #socialcreditsystem #vaccinepassports

digit@joindiaspora.com
dredmorbius@joindiaspora.com

Remember the names Arnoud Boot, Peter Hoffmann, Luc Laeven, Lev Ratnovski, as signatories to the death of all privacy and the opening of universal surveillance in all commercial and financial dealings.

Under the remarkably anodyne title "What is Really New in Fintech" and published by the International Monetary Fund blog, these four men proposed that credit ratings be improved by "tapping various nonfinancial data: the type of browser and hardware used to access the internet, the history of online searches and purchases".

https://blogs.imf.org/2020/12/17/what-is-really-new-in-fintech/

Everything you do online, transferred to, assessed, rated, and stored permanently, one would suspect, by that most highly egalitarian and trusted of all institutions, the global financial system.

Arnoud Boot is professor of Corporate Fiance and Financial Markets at the #UniversityOfAmsterdam, in the country whose census records were used during WWII to prosecute the Holocaust on the Netherland's Jewish population. Of 107,000 deported Jews, only 5,200 survived.

Peter Hoffman is an economist working at the Financial Research Division of the #EuropeanCentralBank ( #ECB ), researching microstructure of financial markets, but apparently neither ethics nor privacy and surveillance.

Luc Laeven is Director-General of the Directorate General Research of the #ECB, and previously worked with the #IMF, #WorldBank, and #ABNAmroBank.

Lev Ratnovski is Sr. Econoist at the #IMF's research department.

These men would sell your entire personal informational history to gain a few fractions of a percent of interest income.

The banality of evil indeed.

#ArnoudBoot #PeterHoffmann #LucLaeven #LevRatnovski #Surveillance #SurveillanceCapitalism #Privacy #BrowserHistory #SearchHistory #Profiling #Credit #Risk #Holocaust

sylviaj@joindiaspora.com
fergie@pluspora.com

Banks have returned to the pre-2008 world of automatic credit-limit increases for credit cards used by already indebted people

"'Proactive credit line increases' (PCLIs) are when your credit card company increases your credit limit without your asking for it; it was very common prior to the 2008 crisis, but the post-crisis rules largely put a stop to it. Now, banks have figured out regulatory loopholes that allow them to throw PCLIs at their most vulnerable customers, leading to record-high national levels of credit-card debt of $880b as of last September, higher than the pre-crisis high."

"Credit cards are the most profitable loans that the finance industry originates, and 2019 was the best-ever year for the banks' profits from credit cards, with interest rates soaring to a 20-year peak. The US banks made $179b in credit card fees and interest in 2019, and 2020 is projected to be even better. Credit-card debt is the fastest-growing form of debt in the USA."

#finance #banksters #predatory #credit #debt #personalfinance #PCLI