United States Securities and Exchange Commission

This massive debt came from labor unions wringing higher benefits from weak politicians for decades, forcing the eventual expense onto later generations.

Eventually, the SEC had to investigate the city's municipal bond disclosures regarding its pension and retiree health care obligations, sanctioning both the city for securities fraud and its auditors.

Many workers today bemoan the disappearance of defined benefit plans, which have mostly been replaced with defined contribution plans.

But when you look at the history of these pensions, you can see that they can to a large extent be blamed for the decline of large-scale manufacturing in the United States.

Can you imagine? Sitting there on this plane, reading a book, whatever the fuck it is you're doing, all of a sudden this takes place? 737 MAX jets were once again cleared to fly in November, after two years, after being grounded, with Boeing at the time branding the plane safe for passengers.

Boeing had previously agreed to a $200 million penalty from the SEC to settle charges that it negligently violated the anti-fraud provisions of U.S. securities law.

So in other words, they can just break whatever law they want.

They can just do whatever they want, and they're never going to be prosecuted.

Got to be somebody else.

Let's blame the pilot.

That release failed to disclose that the company knew a key flight handling system, the maneuvering characteristics augmentation system, posed safety issues and was never redesigned, the SEC argued.

Then, after the second crash, the agency said Boeing and Mullenberg assured the public that there was no surprise or gap in the federal certification of the MAX despite being aware of contrary information.

Can you imagine? Sitting there on this plane, reading a book, whatever the fuck it is you're doing, all of a sudden this takes place? 737 MAX jets were once again cleared to fly in November after two years after being grounded, with Boeing at the time branding the plane safe for passengers.

Boeing had previously agreed to a $200 million penalty from the SEC to settle charges that it negligently violated the anti-fraud provisions of U.S. securities law.

So in other words, they can just break whatever law they want.

They can just do whatever they want, and they're never going to be prosecuted.

Got to be somebody else.

Let's blame the pilot.

That release failed to disclose that the company knew a key flight handling system, the maneuvering characteristics augmentation system, posed safety issues and was never redesigned, the SEC argued.

Then, after the second crash, the agency said Boeing and Mullenberg assured the public that there was no surprise or gap in the federal certification of the MAX despite being aware of contrary information.

With them being in the bag for Leon Black and Apollo, they still found $100 million that Leon Black wasn't honest about when it comes to his financing Jeffrey Epstein or being in bed with Jeffrey Epstein financially.

So if you're lying about that, what else are you lying about? According to the Deckert Report, which was dated January 22nd and then filed with the Securities and Exchange Commission, Black and Epstein had a social relationship from the mid-1990s to 2018.

Are you kidding me right now? From the mid-90s to 2018.

That's right around the time that Jeffrey Epstein started visiting Bill Clinton in the White House, isn't it? Yeah, I think it is.

But the regulatory landscape changed dramatically.

And this is where we have to talk about SEC Rule 6C11.

Oh, boy.

I know.

It sounds dry.

But this specific SEC rule completely revolutionized the game, allowing active ETFs to operate with incredible efficiency.

You are going to have to translate the mechanics of SEC Rule 6C11 into plain English for me and the listeners.

How does a rule change fix the tax problem?

Fourth, OPE.

Will they officially withdraw the deal with the SEC, or can they somehow salvage this IPO? Really interested to see what goes on there with OPE.

And fifth, the VIX.

If it settles back towards the mid-teens, a few smaller issuers might try to sneak in.

But then there's other funds out there.

And now within this video talking about the CFTC, the FCC, the SEC and all the other C's are now coming out sharing statements.

OK, here we are now day three.

It doesn't stop there.

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