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#banks

4 posts4 participants0 posts today
Continued thread

Day 18 🏡🏠🏘️🏚️🏘️💰💰💰💰

“Our first home buyer #mortgage #deductibility scheme is going to finally give first home buyers the firepower they need to purchase a #home.

We’re going to, through our housing #infrastructure program, deliver more homes for those first home #buyers.

So if you think the status quo is OK, that’s really what #Labor is offering.

The #Coalition (#LNP / #Liberal) believes that home #ownership is something that every generation of #Australians deserve, and that’s precisely what we’ll deliver, if we’re given the great honour of being elected” — #MichaelSukkar

The Opposition minister for #housing, who in his previous stint in government as Minister but nothing to show for it.

#AusPol / #finance / #banks / #Infrastructure <theguardian.com/australia-news>

the Guardian · Australia election 2025 live: Sukkar touts Coalition housing policy after O’Neil dubs it ‘melange of weird things’; Greens candidate withdraws due to dual citizenshipFollow live
Continued thread

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
/3

criticalread.substack.com/p/ma

criticalread.substack.comMainstream media falls for Trump’s insane ‘reciprocal’ tariff talkStenography, in this case, badly misleads the public
Continued thread

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
/2

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
/1

elliotkirschner.substack.com/p

Through the Fog, by Elliot Kirschner · Who Knew It Could Be This Bad?By Elliot Kirschner
Replied in thread

@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
Replied in thread

@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

#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

I thought they were trying to save money 🤔

Under #Trump, the #Consumer #FinancialProtection Bureau #CFPB has dropped nearly a dozen enforcement cases brought during the #Biden admin, ending lawsuits against #banks & #lenders for a variety of financial practices that the #watchdog agency no longer considers #illegal.

But on Wed, the bureau went a step further: It is seeking to GIVE BACK $105k that a #mortgage lender paid to settle #racial #discrimination claims….

#law
nytimes.com/2025/03/26/busines

Russell Vought, the acting director of the Consumer Financial Protection Bureau, criticized the case against Townstone Financial, which the agency had brought during President Trump’s first term.
The New York Times · Consumer Bureau Seeks to Undo Settlement and Repay Mortgage LenderBy Stacy Cowley
Replied in thread
Screenshot from the top of https://www.virustotal.com/gui/ip-address/13.248.197.209/relations

The page had already redreshed when I copied the following domain names, so this is just to get an idea:

tiles-35312.bond
sleepwear-14660.bond
prostate-cancer-treatment-95682.bond
diet-98948.bond
electric-cars-94009.bond
packing-jobs-44721.bond
dental-implants-48408.bond
mattress-19892.bond
breast-reduction-mammoplasty-surgery-24489.bond
dental-implants-76071.bond
rv-camper-motorhomes-90728.bond
roofing-services-61345.bond
maid-service-26172.bond
Infosec ExchangeErik van Straten (@ErikvanStraten@infosec.exchange)Attached: 1 image @aral@mastodon.ar.al : most Let's Encrypt (and other Domain Validated) certificates are issued to junk- or plain criminal websites. They're the ultimate manifestation of evil big tech. They were introduced to encrypt the "last mile" because Internet Service Providers were replacing ads in webpages and, in the other direction, inserting fake clicks. DV has destroyed the internet. People loose their ebank savings and companies get ransomwared; phishing is dead simple. EDIW/EUDIW will become an identity fraud disaster (because of AitM phishing atracks). Even the name "Let's Encrypt" is wrong for a CSP: nobody needs a certificate to encrypt a connection. The primary purpose of a certificate is AUTHENTICATION (of the owner of the private key, in this case the website). However, for human beings, just a domain name simply does not provide reliable identification information. It renders impersonation a peace of cake. Decent online authentication is HARD. Get used to it instead of denying it. REASONS/EXAMPLES 🔹 Troy Hunt fell in the DV trap: https://infosec.exchange/@ErikvanStraten/114222237036021070 🔹 Google (and Troy Hunt!) killed non-DV certs (for profit) because of the stripe.com PoC. Now Chrome does not give you any more info than what Google argumented: https://infosec.exchange/@ErikvanStraten/114224682101772569 🔹 https:⧸⧸cancel-google.com/captcha was live yesterday: https://infosec.exchange/@ErikvanStraten/114224264440704546 🔹 Stop phishing proposal: https://infosec.exchange/@ErikvanStraten/113079966331873386 🔹 Lots of reasons why LE sucks: https://infosec.exchange/@ErikvanStraten/112914047006977222 (corrected link 09:20 UTC) 🔹 This website stopped registering junk .bond domain names, probably because there were too many every day (the last page I found): https://newly-registered-domains.abtdomain.com/2024-08-15-bond-newly-registered-domains-part-1/. However, this gang is still active, open the RELATIONS tab in https://www.virustotal.com/gui/ip-address/13.248.197.209/relations. You have to multiply the number of LE certs by approx. 5 because they also register subdomains and don't use wildcard certs. Source: https://www.bleepingcomputer.com/news/security/revolver-rabbit-gang-registers-500-000-domains-for-malware-campaigns/ @EUCommission@ec.social-network.europa.eu @letsencrypt @nlnet@nlnet.nl #Authentication #Impersonation #Spoofing #Phishing #DV #GoogleIsEvil #BigTechIsEvil #Certificates #httpsVShttp #AitM #MitM #FakeWebsites #CloudflareIsEvil #bond #dotBond #Spam #Infosec #Ransomware #Banks #CloudflareIsEvil #FakeWebsites
Replied in thread

@aral : most Let's Encrypt (and other Domain Validated) certificates are issued to junk- or plain criminal websites.

They're the ultimate manifestation of evil big tech.

They were introduced to encrypt the "last mile" because Internet Service Providers were replacing ads in webpages and, in the other direction, inserting fake clicks.

DV has destroyed the internet. People loose their ebank savings and companies get ransomwared; phishing is dead simple. EDIW/EUDIW will become an identity fraud disaster (because of AitM phishing atracks).

Even the name "Let's Encrypt" is wrong for a CSP: nobody needs a certificate to encrypt a connection. The primary purpose of a certificate is AUTHENTICATION (of the owner of the private key, in this case the website).

However, for human beings, just a domain name simply does not provide reliable identification information. It renders impersonation a peace of cake.

Decent online authentication is HARD. Get used to it instead of denying it.

REASONS/EXAMPLES

🔹 Troy Hunt fell in the DV trap: infosec.exchange/@ErikvanStrat

🔹 Google (and Troy Hunt!) killed non-DV certs (for profit) because of the stripe.com PoC. Now Chrome does not give you any more info than what Google argumented: infosec.exchange/@ErikvanStrat

🔹 https:⧸⧸cancel-google.com/captcha was live yesterday: infosec.exchange/@ErikvanStrat

🔹 Stop phishing proposal: infosec.exchange/@ErikvanStrat

🔹 Lots of reasons why LE sucks:
infosec.exchange/@ErikvanStrat (corrected link 09:20 UTC)

🔹 This website stopped registering junk .bond domain names, probably because there were too many every day (the last page I found): newly-registered-domains.abtdo. However, this gang is still active, open the RELATIONS tab in virustotal.com/gui/ip-address/. You have to multiply the number of LE certs by approx. 5 because they also register subdomains and don't use wildcard certs. Source: bleepingcomputer.com/news/secu

@EUCommission @letsencrypt @nlnet