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#Banks

9 posts6 participants0 posts today
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William Lindsey :toad:

Speaking of the colossal failure of corporate media: as Dan Froomkin says,

"You would have no idea just how insane these so-called 'reciprocal' tariffs are from the main stories in your favorite national newspapers and mainstream-media organizations.

#Trump #tariffs #recession #inflation #banks #media
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criticalread.substack.com/p/ma

criticalread.substack.comMainstream media falls for Trump’s insane ‘reciprocal’ tariff talkStenography, in this case, badly misleads the public
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William Lindsey :toad:

Then there's "the Justice Department under Attorney General Merrick Garland" and "the cowardice and complicity of the Supreme Court and its chief justice, John Roberts."

Not millions of Americans who saw what would happen and did all we could to prevent it: but our corporate leaders, bankers, media moguls, justice system, and the Supreme Court….

They should not be given a pass. They have royally failed us.

#Trump #tariffs #recession #inflation #banks #media
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William Lindsey :toad:

Who bears primary responsibility for ushering in "autocratic joyride" that is now leaving "a wake of unmitigated destruction for the American people," Elliot Kirschner asks? Certainly not the millions of Americans who knew this was going to happen and voted to prevent it.

But "far too many in the business community," "bankers," and "far too many in the press" bear primary responsibility for what's happening.

#Trump #tariffs #recession #inflation #banks #media
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elliotkirschner.substack.com/p

Through the Fog, by Elliot Kirschner · Who Knew It Could Be This Bad?By Elliot Kirschner
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AJ Sadauskas

@davidho.bsky.social In case anyone was in doubt about how sociopathic Wall Street bankers are.

Global warming is happening, they say, so invest now in air conditioning stocks!

"The big banks’ acknowledgment that the world is likely to fail at preventing warming of more than 2 degrees Celsius above preindustrial levels is spelled out in obscure reports for clients, investors and trade association members. Most were published after the reelection of President Donald Trump, who is seeking to repeal federal policies that support clean energy while turbocharging the production of oil, gas and coal — the main sources of global warming.
…
"Morgan Stanley’s climate forecast was tucked into a mundane research report on the future of air conditioning stocks, which it provided to clients on March 17. A 3 degree warming scenario, the analysts determined, could more than double the growth rate of the $235 billion cooling market every year, from 3 percent to 7 percent until 2030."

eenews.net/articles/big-banks-

E&E News by POLITICO · Big banks predict catastrophic warming, with profit potentialMorgan Stanley, JPMorgan and an international banking group have quietly concluded that climate change will likely exceed the Paris Agreement's 2 degree
#GlobalWarming#ClimateChange#Capitalism
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Kevin Russell

@CelloMomOnCars

Secretly. Not quietly.

Its hidden, its to fool, to prevent alarm, prevent exposure. To profit off us, while stopping us.

Banks SECRETLY preparing to benefit from Climate Chaos, while funding oil, while funding antiscience.

No different from the Trump, erasing climate science, lying about alarms, firing scientists, AND, AT THE SAME TIME, begins efforts to invade two arctic nations.

"Big Banks Secretly Prepare for Catastrophic Warming"
scientificamerican.com/article

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar
#climate#banks
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Levka

#ClimateCrisis #banks

"The recent reports — from Morgan Stanley, JPMorgan Chase and the Institute of International Finance — show that Wall Street has determined the temperature goal is effectively dead and describe how top financial institutions plan to continue operating profitably as temperatures and damages soar.

"We now expect a 3°C world," Morgan Stanley analysts wrote earlier this month, citing "recent setbacks to global decarbonization efforts."

The stunning conclusion indicates that the bank believes the planet is hurtling toward a future in which severe droughts and harvest failures become widespread, sea-level rise is measured in feet rather than inches and tropical regions experience episodes of extreme heat and humidity for weeks at a time that would bring deadly risks to people who work outdoors."

scientificamerican.com/article

6 bundles of US $100 bills standing vertically on edge of white shelf.
Scientific American · Big Banks Quietly Prepare for Catastrophic Climate ChangeBy Corbin Hiar
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