LabCorp’s faulty paternity tests and their impact on Society

Summary Paternity Suit Raises Doubts About DNA Tests Paternity Testing Reviews for LabCorp (can it be trusted or not?) Labcorp competitors Is Quest Diagnostics better than LabCorp? Global Intel Hub — 7/9/2021 Managua, Nicaragua – Washington hairdresser Andre Chreky gladly agreed to a DNA test when a former employee hit him with a paternity suit. The […]

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“Most Powerful Man In The World”‘s Inner Circle Probed By US Regulators For Money Laundering

Being 2 for 2 in losses this week (The US Election and Time’s “world’s most powerful person), it appears President Obama has fallen back on his regulatory army to take the fight to Vladimir Putin. As WSJ reports, U.S. prosecutors have launched a money-laundering investigation of billionaire Gennady Timchenko – a member of Putin’s inner […]

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“Common People Do Not Carry This Much Currency” – How Police Justify Stealing American Citizens’ Money

Submitted by Mike Krieger via Liberty Blitzkrieg blog, Police confiscating Americans’ hard earned cash, as well as a wide variety of other valuables, without an arrest or conviction is a disturbing and growing practice throughput these United States. Since cops get to keep the seized funds and use the money on pretty much anything they want, the practice is […]

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US Regulators Fear “Runs” From PIMCO’s Systemic Risk As Outflows Soar To 12.5% Of Assets

Things are rapidly shifting from bad to worse for PIMCO. In a triple whammy this morning, Bloomberg reports the Total Return Fund ETF (managed previously by Bill Gross) has suffered $446 million outflows (or over 12.5% of assets) so far; Morningstar downgrades the fund from ‘gold’ to ‘bronze’ citing “uncertainty regarding outflows and the reshuffling […]

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Is the Fed Preparing to Asset-Strip Local Governments?

In an inscrutable move that has alarmed state treasurers, the Federal Reserve, along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, just changed the liquidity requirements for the nation’s largest banks. Municipal bonds, long considered safe liquid investments, have been eliminated from the list of high-quality liquid collateral […]

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SEC Freezes Bugatti-Driving 26-Year-Old “AwesomePennyStocks” Owner’s Assets

GIH: The SEC is dealing with a new generation of digital ‘boiler rooms’ – email lists & forums that present misleading information to lure investors.  “AwesomePennyStocks” was apparently one of the largest such newsletters, promoting otherwise worthless companies many times dumping their own shares as the price rise.  Sadly, many clients don’t bother to do […]

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Europe Considers Wholesale Savings Confiscation, Enforced Redistribution

GIH: Scary revelations coming from the EU, regarding ‘bail-in’ strategies funded by savers.  How this ‘confiscation’ of assets is to be structured and sold to the public (if they have a choice) remains to be seen.  But even having such a discussion should make anyone with any assets in Europe worry.  Cyprus was a ‘test […]

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Volcker Rule Ushers in Era of Increased Oversight of Trades

Finally, the Volcker rule is being implemented, after 3 years of debate and modifications.  Although it’s not as originally proposed, today is the first day the rule is being enforced.  It’s questionable though, how much this rule will actually impact the markets.  Banks are now not doing proprietary trading, but other entities will.  What this […]

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