March 2024 - cypherpunks - lists.cpunks.org

One of the Most Infamous Trades on Wall Street Is Roaring Back
by Gunnar Larson 11 Mar '24

11 Mar '24

One of the Most Infamous Trades on Wall Street Is Roaring Back https://www.bloomberg.com/news/articles/2024-03-10/the-short-volatility-tra… Forget the artificial-intelligence frenzy — the most-exciting trade on Wall Street right now might just be betting on boring.

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Cold beer and strong crypto
by pro2rat＠yahoo.com.au 10 Mar '24

10 Mar '24

Ely’s folk sing-around at a pub in Somerset. I sing there occasionally and imagine a pub-based social-ecological revolution. Many of the traditional tunes sung are very grounded in ecology and the seasons, with a deep understanding of farming (the old way) —or else they tell of tragic events that have befallen common folk through the ages, where an oppressive class system often features in the background. I reflect that all sorts congregate in pubs. What ground could we find for anti-authoritarian crisis organising, for drawing power back from the centre? The beauty of pub-based organising could be when we get it wrong; we can put it down to the drink and try again next week. AGs can meet in pubs if everyone is alright with it. Just be careful who’s watching or listening. I don’t want to detract from what anyone is doing to fight against all forms of authoritarianism and capitalism and to fight for life and a reasonable standard of living for everyone. Nevertheless, maybe the good fight is best framed as a social-ecological one, where every oppressed human is understood in the context of a damaged local ecology, and every thoughtlessly ripped up plant or killed animal is understood as the result of human hierarchies. This is a conversation that we could continue down the pub. Urgently. Mine’s a real ale or cider. Cheers. FROM. . . https://www.anarchistnews.org/content/we-need-plethora-tactics Nein. Nein. Nein. Nein. Nein ( endorsement of drunken bullshit )

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Israel-Hamas Deal Elusive Ahead of Ramadan as US Pressure Grows
by Gunnar Larson 10 Mar '24

10 Mar '24

Israel-Hamas Deal Elusive Ahead of Ramadan as US Pressure Grows https://www.bloomberg.com/news/articles/2024-03-10/israel-hamas-deal-elusiv… US President Joe Biden warned Israel against an invasion of the city of Rafah in southern Gaza as cease-fire talks between Israel and Hamas appeared deadlocked, hours before the start of Islam’s holy month of Ramadan.

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Fwd: SpaceX Interlocking Directors’ Intent to Manipulate Markets
by Gunnar Larson 10 Mar '24

10 Mar '24

Still no word from AG James. We will take this all the way to Hong Kong. ---------- Forwarded message --------- From: Gunnar Larson <g(a)xny.io> Date: Thu, Nov 2, 2023, 12:52 PM Subject: Re: SpaceX Interlocking Directors’ Intent to Manipulate Markets To: <letitia.james(a)ag.ny.gov> Cc: <ir(a)twitter.com>, Harris, Adrienne A (DFS) <Adrienne.Harris(a)dfs.ny.gov>, <district3(a)council.nyc.gov>, Reader, Shaun <sreader(a)curtis.com> Dear Madam Attorney General James: xNY.io - Bank.org kindly seeks a response from your office concerning the message below. Today in Manhattan, the FTX case will soon be sent for jury deliberation. According to NPR, "... FTX founder Sam Bankman-Fried is accused of orchestrating one of the largest financial frauds in history." Additionally, today Donald Trump's civil fraud trial continues in New York City. Attorney General James, as you are aware xNY.io - Bank.org has an ongoing dialog with your office concerning a 'RICO.' The New York State Department of Financial Services records office has responded with a memo concerning the "Las Vegas Museum of Organized Crime and Law Enforcement" here: https://drive.google.com/file/d/1reLapm-6C0QJZhPKIPtN5HZGbYhTxZMh/view?usp=… . This memo aims to execute N.Y. Executive Law, Article 15 § 297. Procedure 1. Additionally, § 298-a. Application of article to certain acts committed outside the state of New York, (Israel Crisis). Kind regards, Gunnar -- Gunnar Larson xNY.io - Bank.org MSc - Digital Currency MBA - Entrepreneurship and Innovation (ip) G(a)xNY.io +1-917-580-8053 New York, New York 10001 On Sat, Jun 18, 2022, 4:44 PM Gunnar Larson <g(a)xny.io> wrote: > Dear Attorney General Letitia James: > > xNY.io - Bank.org, PBC seeks to earn your esteemed approval to engage the > New York False Claims Act under urgent pretences. > > Today's correspondence marks the first time in history, a self-titled > "mafia" (aka, the "PayPal Mafia '') is compelled to answer publicly the > decision to manipulate both the New York False Claims Act and the Martin > Act against one another. > > - Madam Attorney General, your leadership approach has historical > context > <https://www.nytimes.com/2019/12/10/climate/exxon-climate-lawsuit-new-york.h…> > to logic and ultimate Exxon Mobil vs. New York State > <https://drive.google.com/file/d/1nLp9RIYw8mAh1SRG8E9PMEK94SV-viUN/view?usp=…> case > precedent. > - xNY.io - Bank.org, PBC research and development notes our hawkish > approach to ESG, D&O and LBO innovation. > - xNY.io - Bank.org, PBC sees this not a democrat vs. republican > concern as Mr. Elon Musk (CEO, SpaceX and Tesla) claims. False pretense to > protect free speech are now being debated as party to a $200B pryamid > scheme. > > Ms. James, on May 21, 2022 xNY.io - Bank.org, PBC > <https://docs.google.com/document/d/1lv9Wt6y1ld4bNap0z3epIxttEGiP_oVpfxH0GTS…> > contacted the SpaceX Corporation with reasonable concern of CEO Musk's > intent behind the $44B Twitter LBO. The Orlando Police Pension Fund shared > similar concerns to the intent behind Twitter's LBO as illegal. > > Since, market forces suggest that SpaceX and Tesla directors are part of > interlocking directorate, self proclaimed the PayPal Mafia. The racket > could waterfall to problem(s) at the New York State Department of Financial > Services with Superintendent association to D&O insurance regulation. > > Ms. James, xNY.io - Bank.org, PBC seeks your office's urgent assessment of > this matter. We aim to earn approval to explore the New York False Claims > Act to confront SpaceX as a racket. > > *Like a house of cards, the PayPal Mafia racket could risk a waterfall of > D&O interlocking directorate insolvencies. In summary: * > > 1. xNY.io - Bank.org's May 21, 2022 memo to SpaceX questioned intent > behind baseless claims pioneered by SpaceX's CEO, branding ESG a scam via > Exxon Mobil. Obviously, Exxon Mobil vs. New York State > <https://drive.google.com/file/d/1nLp9RIYw8mAh1SRG8E9PMEK94SV-viUN/view?usp=…> alludes > Mr. Musk party to a false claim. > 2. SpaceX has failed to establish a preponderance of evidence and > burden of proof not a racket. > 3. SpaceX has failed to prove that Twitter's LBO is not false claim to > free speech protection. > 4. True social innovation cannot sponsor a fake news racket that could > jeopardize space exploration and war. > 5. Twitter's LBO dealmakers (Goldman Sachs and JP Morgan Chase) > company balance sheets, financial statements and other corporate records do > not impact xNY.io - Bank.org, PBC holding a racket accountable to false > claims. > > The CEO of SpaceX and Tesla leveraging Exxon Mobil as an ESG > securities scam does not preclude the PayPal Mafia's intent to engage false > claims at the sacrifice of New York State's financial future. > > Madam Attorney General James, we hope to hear from your esteemed office > and learn assessment of best next steps. > > Thank you, > > Gunnar > > -- > *Gunnar Larson * > *xNY.io <http://www.xny.io/> - Bank.org <http://bank.org/>, PBC* > > MSc > <https://www.unic.ac.cy/blockchain/msc-digital-currency/?utm_source=Google&u…> - > Digital Currency > MBA > <https://www.unic.ac.cy/business-administration-entrepreneurship-and-innovat…> - Entrepreneurship > and Innovation (ip) > > G(a)xNY.io > +1-646-454-9107 > New York, New York 10001 > > On Sun, May 22, 2022 at 9:34 AM Gunnar Larson <g(a)xny.io> wrote: > >> May 21, 2022 >> >> BY ELECTRONIC MAIL >> >> SpaceX Corporation >> Board of Directors >> One Rocket Road >> Hawthorne, California >> 90250 >> Sales(a)SpaceX.com >> >> Re: Potential SpaceX Interlocking Directors’ Intent to Manipulate >> Markets >> >> Dear SpaceX Board of Directors: >> >> From our New York headquarters, xNY.io - Bank.org, PBC embodies the >> notion that rather than a merry-go-round, the process of change and >> innovation is like a slide. >> >> Today’s memo aims to notify the SpaceX Corporation of concern of >> potential market manipulation that could impact cross-border digital asset >> innovation, free speech in the United States of America, the global ESG >> economy and Moon exploration. >> >> Please find the attached memo >> <https://docs.google.com/document/d/1lv9Wt6y1ld4bNap0z3epIxttEGiP_oVpfxH0GTS…> >> addressed to SpaceX's board of directors. >> >> Respectfully, >> >> Gunnar Larson >> >

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Is Now the Right Time to Invest in Bitcoin?
by Gunnar Larson 10 Mar '24

10 Mar '24

Is Now the Right Time to Invest in Bitcoin? https://www.bloomberg.com/news/articles/2024-03-09/bitcoin-btc-price-should… Love it, hate it, or hodl it, there’s no denying that Bitcoin is back.

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World Bank to Provide Egypt With $3 Billion After IMF Deal
by Gunnar Larson 10 Mar '24

10 Mar '24

World Bank to Provide Egypt With $3 Billion After IMF Deal https://www.bloomberg.com/news/articles/2024-03-10/egypt-economy-world-bank… The World Bank will provide Egypt with $3 billion in support now that the North African nation has secured an expanded International Monetary Fund program, Finance Minister Mohamed Maait said Sunday.

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N.Y. Republicans Pick a Former Police Detective to Challenge Gillibrand - The New York Times
by Gunnar Larson 10 Mar '24

10 Mar '24

All this and we have two NYPD body camera FOIL requests open. ---- https://www.nytimes.com/2024/02/22/nyregion/gillibrand-sapraicone-gop-elect… N.Y. Republicans Pick a Former Police Detective to Challenge Gillibrand Mike Sapraicone, who runs a security firm and positions himself as a moderate, was elevated as the preferred Republican nominee. Two more conservative candidates vowed primary challenges. Mike Sapraicone, in a dark blazer with a United States flag pin on his lapel, speaks to a television reporter. Mike Sapraicone, who runs a private security firm, won the support of 84 percent of delegates at the New York Republican Party’s convention.Credit...Heather Ainsworth for The New York Times Nicholas Fandos By Nicholas Fandos Feb. 22, 2024 Republicans mounting a long-shot bid to unseat Senator Kirsten Gillibrand of New York selected Mike Sapraicone, a wealthy private security executive, as their preferred nominee at a party convention on Thursday. Mr. Sapraicone, 67, has fashioned himself as an affable moderate, vowing to outwork Ms. Gillibrand and find solutions to the migrant and affordability crises that the state’s ruling Democrats have struggled to combat. “It’s about time we had a voice in New York we haven’t had,” he said in an interview, accusing Ms. Gillibrand of having not been “seen or heard” since her unsuccessful run for president in 2020. The message easily won over the state’s political establishment, which believes Mr. Sapraicone represents Republicans’ best chance to compete in New York. Eighty-four percent of delegates voted in his favor on Thursday at the convention in Binghamton. But the show of support apparently failed to clear his path. Rather than drop out, two conservative Republican runners-up, Josh Eisen and Cara Castronuova, signaled their intent to petition onto the ballot and allow primary voters to have the final say in June. That would set up a potentially messy fight that could expose the deep ideological fissures dividing the party. It threatens to force Mr. Sapraicone not only to tap his campaign treasury but also to adopt more conservative positions on subjects like abortion and former President Donald J. Trump that could hurt the party in November. “Today the party bosses spoke,” Mr. Eisen said. “The rest of the G.O.P. gets the last word in the June primary.” The stakes may be higher than they appear. Few Republicans actually believe the party can defeat Ms. Gillibrand in a state that has not sent a Republican to the Senate since the 1990s. But party leaders privately say a serious, palatable nominee could help lift Republicans in more winnable races down the ballot, including for key House districts. Image Senator Kirsten Gillibrand looks slightly pensive inside the Capitol, with a handful of people behind her in a blurred background. Senator Kirsten Gillibrand is widely expected to win re-election in November, but Republicans hope that a viable candidate can help the party in down-ballot races.Credit...Valerie Plesch for The New York Times Mr. Sapraicone, whose name arose as a potential candidate in the special House election to replace George Santos on Long Island, formally entered the Senate race on Friday. He has a compelling biography and deep personal resources that could lift his campaign. The Republican spent 20 years in the New York Police Department and now runs Squad Security, a private firm that employs 600 active-duty and retired cops, according to its website. But Mr. Sapraicone enters the contest with some baggage. He has repeatedly donated to Democrats over the years. And he was among a group of former police detectives accused in a 2021 lawsuit of having coerced a false confession and suppressed exonerating evidence that kept a man behind bars for decades. Mr. Sapraicone’s likely primary challengers wasted little time going on the attack, portraying him as squishy on conservative priorities. “He has questionable views about guns, questionable views on Second Amendment, he’s unclear about his position on Trump,” Mr. Eisen said before the vote. Mr. Eisen, 52, may be the most formidable threat. The founder of a successful translation business, he also has private funds to pump into his campaign and has the endorsement of former Gov. George E. Pataki. In an interview, Mr. Eisen described himself as a “Second Amendment purist.” He said federal prosecutors who indicted Mr. Trump for trying to overturn the 2020 election outcome had overreached and were attempting to criminalize the techniques of a “scrappy New York real estate guy.” “He was just literally following legal maneuvers that were legitimate,” he said of Mr. Trump. “They might not appeal to everybody’s tastes.” Ms. Castronuova, a conservative reporter for Newsmax, appears to be making her own play for Mr. Trump’s support. She has pushed her ability to generate “viral media attention,” defended Jan. 6 rioters and has the endorsement of Roger J. Stone Jr., a longtime adviser to Mr. Trump. “Just like parents should have a choice about what vaccination is put into their child’s body, the voters should have a choice about the candidate that goes into the general election for Senate!” she wrote in a text message. Given Mr. Sapraicone’s commanding vote totals at the convention, any Republican challenger will have to secure thousands of signatures from voters across the state to make it onto the primary ballot. Party leaders were already working to kneecap Mr. Eisen. They recirculated old news accounts showing he had received sanctions in court for harassing legal opponents and using racial slurs. (Mr. Eisen said he was “not proud of everything I say all the time” but played down the matter as “business disputes.”) They also pointed to a handful of donations he made to far-left Democrats, including Senator Bernie Sanders of Vermont and Representative Jamaal Bowman of New York. “He’s going nowhere in the G.O.P.,” said Jerry Kassar, the chairman of the Conservative Party, a longtime partner to the Republicans in New York. He said both issues “disqualified him.” Mr. Sapraicone has an even more prolific history of supporting Democrats. Though he has given more to Republicans, Mr. Sapraicone has donated $140,000 to Democratic candidates and causes in New York since 2017, according to state and federal election records. Gavin Wax, the president of the New York Young Republican Club, singled out one donation on Thursday: a $1,000 contribution from Squad Security to the New York attorney general who just defeated Mr. Trump in a civil fraud case. “While President Trump is fighting against a politicized persecution of him by Letitia James the @NewYorkGOP under Ed Cox is rushing to coronate anti-Trump RINO @MikeSapraicone,” Mr. Wax wrote on X. There were signs Mr. Sapraicone was already feeling the pressure. In the interview, he said he was, in fact, a big supporter of Mr. Trump and called the 91 criminal counts brought against the former president “horrendous.” Mr. Sapraicone explained that he was a proponent of background checks for firearm purchases — “I know some people don’t agree with that, but that’s important” — but not of a ban on semiautomatic weapons, like the ones frequently used in mass shootings. And while he said he would oppose a federal abortion ban, he called for more restrictions on the procedure in New York, a state where abortion rights are seen as sacrosanct. “I don’t like what you hear in New York, where we say you can have an abortion right to term, you don’t have to notify your parents if you’re a minor and regular doctors can do abortions,” he said. Ms. Gillibrand, 57, is likely to make many of those issues centerpieces of her campaign for a third full term. She has one of the Senate’s most liberal voting records, and is a staunch supporter of abortion rights and gun safety measures and a virulent critic of Mr. Trump. She also has a daunting $9 million in campaign cash on hand. A spokesman for the senator, Evan Lukaske, said Ms. Gillibrand looked forward to campaigning on her record and “winning re-election this fall.”

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‘Wait for a Better Entry Point,’ Says Top Analyst Gregg Moskowitz About Palantir Stock - TipRanks.com
by Gunnar Larson 10 Mar '24

10 Mar '24

https://www.tipranks.com/news/palantir-is-a-winner-but-wait-for-a-better-en… The stock has been gaining more ground last week due to a recent positive development. On Wednesday, the company announced that it has been awarded a $178 million contract extension by the U.S. Army for the TITAN.

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PayPal Stock: I Believe In The Turnaround Plays (NASDAQ:PYPL) | Seeking Alpha
by Gunnar Larson 10 Mar '24

10 Mar '24

https://seekingalpha.com/article/4677139-paypal-pypl-stock-believe-turnarou… The main drivers of improved EBIT, which trickled down to the company’s bottom line were cutting down on sales & marketing, and technology development, while G&A went down only slightly, but still contributed to that improvement. I’m not sure if I agree with cutting down investments in technology development. This will improve margins in the short run, but if we look at the long-term picture, the slowdown in development and innovation will keep the company struggling to gain back its lost market share to other payment platforms. I am not sure the company should be making cuts in the innovation and development segment of expenses, but we will have to wait for the next couple of quarters to see how these have progressed.

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US military ship heading to Gaza to build port - BBC News
by Gunnar Larson 10 Mar '24

10 Mar '24

https://www.bbc.com/news/world-us-canada-68526503 Meanwhile, an aid ship laden with some 200 tonnes of food is expected to set sail from a port in Larnaca, Cyprus on Sunday afternoon, Cypriot media report.

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