So JPMorgan Chase makes money off these transactions while sustaining zero risk.Yeah, that's kinda the point of all GSEs
So this is a 288-page book written by a Very Online Person in support of the idea that other people should loot, riot, and burn things in the real world.
Style-wise, In Defense of Looting continues the impressive streak of the woke movement having yet to produce a single readable piece of literature.
The founding fathers and the majority of American presidents throughout history were white supremacists. If they’re true to their own values, Republicans should want to detonate and flatten almost the entirety of Washington’s statuary. Perhaps what needs to be toppled is not the effigies of men who presided over a functioning society, but the edifice of Martin Luther King, whose legacy renders America a failed state on the precipice of civil war.It's not a coincidence that the reaction to the failure of white supremacism in the 20th century was the twofold rise of fem supremacism and black supremacism. Either ideology is plenty dangerous without the communist ideology the thought leaders of both subscribe to. But nobody in the USA is interested in individualism; the market for tyranny is booming.
Intel is now all but waving the white flag. CEO Bob Swan recently spent almost an hour discussing an idea that not long ago would get him burned at the stake: outsourcing production for core products. “To the extent that we need to use somebody else’s process technology, we’ll be prepared to do that,” Swan told analysts on a conference call. “That gives us much more optionality and flexibility. So in the event there is a process slip, we can try something rather than make it all ourselves.”This is the first sign of hope for them. Let TSMC and other specialized firms worry about fabbing the chips, they should only concern themselves with making better processors.
