Circle? Is this gonna be the global digital currency?
- By wade2big
- The Bear Pit
- 31 Replies
Circle | USDC & Web3 Services for a new financial system
Circle is building the largest, most widely used stablecoin network so billions around the world can access digital dollars for payments and liquidity.
Circle has some big partners. BlackRock for one. Is this gonna be it?
The Bank was secured
- By nagantguy
- The Bear Pit
- 1 Replies
Silicon Valley Bank calls NYPD on investors trying to pull cash out
Police were called after 'about a dozen' financiers, including former Lyft executive Dor Levi, showed up outside the building on Park Avenue Friday morning.
And the bank was secured FAST! Way faster than any elementary school! At least the bankers were safe from the uncouth animals attempting to get their money.
Wonder if any of it was taken via civil asset forfeiture! Imagine peasants trying to take their money from a failing bank.
Good thing Police showed up - angry poor peasants are scary .
Didn’t eat skittles or refuse to answer questions
- By nagantguy
- The Bear Pit
- 5 Replies
DC police sergeant charged with second-degree murder
A Metropolitan Police Department sergeant has been indicted on a second-degree murder charge and a federal civil rights violation.
Happened a bit ago 2021 but is finally working its way through the courts .
These poor guys must have been scared to death from a sleeping guy in a car - why he could have had a whole bag of skittles or even a camera. Now this poor Sargent is charged with murder . I mean it has to be law and order because there were many officers on scene and they can’t all be murderers.
And my word man this animal thug was asleep in his car at a traffic light so one would think shooting him 10 times was a public service! I’m so thankful that animals like Mr Gilmore and Miss Babbitt were killed to keep DC safe !
Accessories WTS: Downsizing PRS Gear
- By DAC_0612
- Buy - Sell - Trade
- 7 Replies
Pelican 1750 Rifle case $225
Eberlestock upranger coyote $215 shipped sold
Eberlestock x41 coyote $200 shipped
Walsh Custom Defense ammo carriergray sold
Walsh Custom Defense ammo carrier sold
AG schmedium black heavy fill $80 sold
Pump pillow $40 sold
Eberlestock upranger coyote $215 shipped sold
Eberlestock x41 coyote $200 shipped
Walsh Custom Defense ammo carriergray sold
Walsh Custom Defense ammo carrier sold
AG schmedium black heavy fill $80 sold
Pump pillow $40 sold
Accessories Harris BRMS 6-9 Short Swivel bipods
- By Dirtracer151
- Buy - Sell - Trade
- 7 Replies
Attachments
Success with Chinese optics😭😭😭
- Observation & Sighting Devices
- 24 Replies
12x50 Wifi IR Infrared Night Vision Monocular
Great addition for 65$ works on tripod, pistol grip as depicted.
Attachments
Silicon Valley Bank Shares Halted After Plunge Deepens UPDATE: The Silicon Valley Bank has been shut down by regulators
- By PatMiles
- The Bear Pit
- 364 Replies
Silicon Valley Bank Shares Halted After Plunge Deepens
The bank is reportedly looking to sell itself to a larger financial institution. | Economy
www.breitbart.com
UPDATE: The Silicon Valley Bank has been shut down by regulators and the Federal Deposit Insurance Corporation will protect insured deposits.
CNBC reports:
The FDIC released this statement:
Read Breitbart News’ original report below:
Trading in shares of the holding company of Silicon Valley Bank was halted for pending news on Friday after premarket price indicators plunged by 63 percent.
SVB Financial Group said on Wednesday that it was issuing $2.25 billion of shares to bolster its capital position after a significant loss in its investment portfolio. Prominent venture capitalists, reportedly including Peter Thiel, have reportedly told portfolio companies to withdraw funds from the bank.
CNBC reported that the attempted capital raise has failed. Instead, the bank is now looking to sell itself, according to CNBC’s David Faber.
The bank said on Wednesday that it would book a $1.8 billion after-tax loss on sales of investments, sparking panic that has led some depositors to withdraw funds.
Rising rates hurt the value of bond portfolios held by banks. What’s more, customers are lured out of bank deposits seeking higher-yields in safe assets such as short-term Treasuries.
Pershing Square CEO Bill Ackman compared the collapse of SVB to Bear Stearns in a tweet on Friday, indicating that the government may need to step in to make sure depositors were safe in order to stem a broader bank run.
THE SHIT IS STARTING TO GET REAL!!
SOLD AI AX-308 (St Patty's Day Price Drop)
- Buy - Sell - Trade
- 16 Replies
I have a very lightly used 2017 Accuracy International AX-308 with small firing pin and 3 barrels. Also included is the added thumb rest, full length arca rail from Sawtooth, RRS arca tripod adapter and Wiebad cheek piece. Nightforce 7-35 F1 with Mil-C reticle sitting in a Spuhr SP-4002 mount is also part of this package. Package was purchased with no expense spared and took me quite a while to obtain, please PM with any questions.
Barrel #1: 24" Bartlein 6.5 x 47 Lapua with 5/8" threaded muzzle and less than 400 rounds
Barrel #2: 24" Bartlein .308 Win with 5/8" threaded muzzle and also less than 400 rounds SOLD!
Barrel #3: 26" Bartlein 6BR Norma with 5/8" threaded muzzle and less than 200 rounds SOLD!
Magazines: 2 Black 6677 10 round .308 mags
Magazines: 2 Pale Brown 6677 10 round .308 mags with HRD kits
Miscellaneous items: Additional pic rails, additional sling stud and additional LOP spacers + hardware
Asking $11,000.00 for the entire package as described/shown with various payment option.
Entire package will be shipped in a Pelican case and will split shipping/insurance with buyer.
Barrel #1: 24" Bartlein 6.5 x 47 Lapua with 5/8" threaded muzzle and less than 400 rounds
Magazines: 2 Black 6677 10 round .308 mags
Magazines: 2 Pale Brown 6677 10 round .308 mags with HRD kits
Miscellaneous items: Additional pic rails, additional sling stud and additional LOP spacers + hardware
Entire package will be shipped in a Pelican case and will split shipping/insurance with buyer.
Attachments
Accessories KRG Bravo FDE Rem 700 SA RH
- By Coejro
- Buy - Sell - Trade
- 0 Replies
$400 shipped PayPal F&F, Zelle, or USPS MO
Have a pair of polymer AICS pattern 10 round magazines I can throw in as well (1 MDT, 1 Magpul) for an extra $50
Study Claims White Drivers Pollute Black, Brown Areas of Los Angeles
- By PatMiles
- The Bear Pit
- 21 Replies
Study Claims White Drivers Pollute Black, Brown Areas of Los Angeles
A new study by a set of USC researchers claims that white drivers overwhelmingly pollute black and brown areas of Los Angeles.
www.breitbart.com
A new study by a set of USC researchers claims that white drivers overwhelmingly pollute black and brown areas of Los Angeles.
Writing in the Los Angeles Times, Sammy Roth reflected on his own alleged “complicity” in polluting the lives of minorities when he discovered that “Angelenos who drive more tend to be exposed to less air pollution — and Angelenos who drive less tend to be exposed to more pollution.”
“The core finding is that for every 1% increase in miles driven to and from work by people who live in a particular part of L.A. County, there’s an estimated 0.62% decrease in the lung-damaging ‘fine particulate matter’ to which those Angelenos are exposed,” wrote Roth.
Geoff Boeing, a professor at the USC Sol Price School of Public Policy and lead author of the study, told Roth that the alleged problem stems from Los Angeles County’s racist history of building highways through “low-income communities of color.”
“Today, many residents of the county’s whiter, more affluent neighborhoods — who were often able to keep highways out of their own backyards — commute to work through lower-income Black and Latino neighborhoods bisected by the 10, 110, 105 freeways and more,” Roth noted.
Boeing said that the white commuters simply drive their cars through those neighborhoods and rarely stop to patronize businesses.
“They’re just driving through to get from one side of the city to the other,” Boeing said.
Neither Boeing nor Roth addressed the ongoing controversy of gentrification in those neighborhoods, which has caused a slight uptick in localization.
Both Boeing and Roth did admit that some areas of the city where people commute are predominantly white areas – the 2, 134, and 210 freeways, for instance, run through highly affluent areas like La Canada Flintridge, Eagle Rock, and Glendale. Boeing also noted that some of the freeways were built out of geographic necessity, while other neighborhoods, such as affluent South Pasadena, managed to block the building of highways after enough people rallied against such projects.
“Majority-white Westside neighborhoods, for instance, could also be benefiting from ocean breezes that push pollution into predominantly Black and Latino areas,” noted the Times article.
The two solutions proposed are not exactly the best, with experts often disagreeing about their efficacy. For instance, the USC study says that more people should be using electric cars, but as Breitbart News reported this week, even ABC News admitted that electric vehicles pose a logistical nightmare:
The Los Angeles Times also noted that electric “vehicles still produce harmful air pollution via dust from brake pads and toxic chemicals in tires. And cars of all kinds can kill pedestrians and drivers.”
Some might look to public transit as a solution, but Boeing said that the city of Los Angeles would need to invest more in buses than trains due to the city’s sprawling layout.
“It’s hard to say that those hundreds of dollars in rail investment are really going to work when there aren’t that many people within walking distance of those stations,” he said. “Buses need to be a more central part of the solution in Los Angeles, because you can provision hundreds of buses with frequent service for far less money than one train.”
HILARIOUS!!
ZCO 1.7-12
- Observation & Sighting Devices
- 4 Replies
NEW Zero Compromise ZC Hunter 1.7-12×50 Riflescope
Zero Compromize ZC Hunter 1.7-12x50 Riflescope. Price. Zero Compromise Optics released their first ever allround and hunting focused riflescope at IWA.
www.thefirearmblog.com
Could this be the mythical lightweight MPVO with modern features we have been clamoring for?
At 800g and a 36mm tube it may be just a bit heavy, but they mention they are working on a different version for the US market. Perhaps it will have a 34mm tube and shave a few oz?
Either way its out of my price range for the near future, but could be a really cool option for those that can afford one.
