Similar Posts
Introduction
“The law? The law? I don’t have to obey the law. I report to a higher moral authority.” ~ Jack Kemp as Secretary of Housing & Urban Development (HUD) in 1990 explaining why it was not necessary for HUD to obey U.S. law By Catherine Austin Fitts After 21 years of watching $21+ trillion go…
SPAC Total
1st Quarter 2022 Wrap Up:Special Purpose Acquisition Companies (SPACs):Investment Craze or Deep State Laundry? By Carolyn A. Betts, Esq. and Catherine Austin Fitts “There are no markets anymore, just interventions.”~ Chris Powell I. INTRODUCTION (JQ: Intro from Carolyn’s 20220706.odt) Financial fraud became a very big business in America during the 1980s. It started with real…
DeSPACs
DeSPAC Target Industries, as of May 2022 Selected DeSPAC Data For SPACs issued in US, March 2016 to May 2022 (Scroll down for scroll horizontal bar at bottom) Percent of SPAC Shares Redeemed DeSPACs Sources: Morningstar Spactrak.io SPAC Insider SPAC Analytics Scroll right to go through each page. Preliminary – Subject to Change: Data is…
Part II: Liberty vs.Tyranny – Ten More Fronts
THE WORLD AT WAR: LIBERTY VS TYRANNY Front #11: Investment, Pension & Sovereign Wealth Funds The consolidation of capital and the build-out of the control grid continues. The ballooning of blind-pool special purpose acquisition companies (SPACs)—a two-year, $250-billion bubble—looks like it was a way to get “Going Direct” money into Wall Street and take a…
Commodities
Crude Oil (OILNF) Russia (RSX), Crude Oil (OILNF) Gold (GLD), Silver (SLV) Mining (GDX), Junior Mining (GDXJ) Commodities Index (CRB) Baltic Dry Index
Proposed SEC Regulations
On March 30, 2022, the US Securities and Exchange Commission proposed new regulations governing SPACs with a 30-day comment period. Final regulations are not expected until at least the fourth quarter, 2022. Additional disclosure by both blank check company and target on sponsor compensation, conflicts of interest, and the potential for dilution of share value…