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Tricolor Auto Failure Follow-up: JPMorgan Takes a $170 Million Hit; Trump Disbands the Government’s DEI Agency that Was Involved

Jamie dimon tricolor.png

A few weeks ago I wrote about the failure of Tricolor Auto Group: “Tricolor Auto’s Failure Has It All : ESG, Woke Capital, Illegal Immigration, Securities Fraud, Government Diversity Programs, BlackRock, etc,

The fallout continues, with a humbled Jamie Dimon, the CEO of JPMorgan Chase, acknowledging the bank’s irresponsibility as it takes a $170 million hit for its involvement with Tricolor. Meanwhile, the Trump administration has just dismissed the entire staff of the woke agency that gave a federal imprimatur to Tricolor’s fraudulent operation.

A brief recap:

• Tricolor was a company that sold and financed cars, and it’s target market was Spanish-speaking illegal aliens.

• President Trump’s crackdown on illegal aliens not only caused a cessation of sales, but it pretty much brought an end to repayment on Tricolor’s loans, too.

• Money center banks such as JPMorgan had securitized about $2 billion of Tricolor’s very high risk loans. These securities (which are now nearly worthless) are much like the bundled, sub-prime mortgages from the 2008 financial crisis.

• JPMorgan and Fifth Third Bank also had outstanding lines of credit to Tricolor.

• The federal government under President Biden had given its seal of approval to Tricolor and its securities, certifying them as “social bonds” under the US Treasury’s CDFI program (“Community Development Financial Institution Fund”, because Tricolor’s customer base was “underserved communities,” primarily Spanish-speaking non-citizens.

• Tricolor was engaged in a massive fraud, with the same collateral pledged to multiple loans and securities.

• At the time of my original piece, Fifth Third had acknowledged a $200 million loss from Tricolor exposure. Since then, JPMorgan Chase has acknowledged that is it taking a huge loss.

JPMorgan’s quarterly loan charge-offs increased by almost $200 million in Q3 2025, which was almost exclusively due to one borrower – Tricolor. CEO Jamie Dimon had to acknowledge the bank’s irresponsible lending to Tricolor:

“Jamie Dimon Sees More Than One ‘Cockroach’ Likely After Tricolor Bust” [Bloomberg – 10/14/2025]

The dramatic collapse of subprime auto lender Tricolor Holdings hit JPMorgan Chase & Co.’s earnings in the third quarter, contributing a $170 million charge-off that led to the bank’s elevated credit-cost figure and sparking an ominous warning from Jamie Dimon. “When you see one cockroach, there are probably more,” the bank’s chief executive officer said on a conference call with analysts Tuesday. “Everyone should be forewarned on this one.”

If there are more cockroach loans like Tricolor that are about to blow up, it is not an economic indicator, rather it is an indicator that banks and investment houses abandoned their underwriting standards in pursuit of woke cred.

I’ll also argue that it’s not fair for Dimon to blame employees whose “discipline” was lax…

Dimon said on an earlier conference call with reporters that Tricolor marked a lapse for New York-based JPMorgan. ”It is not our finest moment,” he said. “When something like that happens, you can assume that we scour every issue, every universe, everything about how it could be taking place to make sure it doesn’t take place from here. You can never completely avoid these things, but the discipline is to look at it in cold light and go through every single little thing, which you can imagine we’ve already done.”

This is just my opinion, but I will state with a high level of confidence that plenty of lower-level analysts and underwriters at JPMorgan knew just how uncreditworthy Tricolor was, but senior management pressure for Community Reinvestment Act credits, woke bragging rights, government favor, etc., compelled every layer of credit approver to recommend approval for a lending facility that objectively should have been rejected.

But here’s some good news. Thanks to Senator Schumer’s shutdown of the federal government, President Trump was empowered to permanently dismiss the 100+ employees of the federal agency that had certified Tricolor as a government-favored DEI recipient.

“Trump Admin Fires Entire Agency In One Swift Move Amid Schumer Shutdown” [Daily Caller – 10/10/2025]

The entire staff at the Community Financial Institutions Fund (CDFI) received a layoff notice on Friday, an administration official confirmed to the Daily Caller News Foundation.

The CDFI fund was targeted because the program illegally doled out awards based on race and espoused left-wing gender ideology and radical climate policies, according to the administration official.

The fund awarded $4.9 million to the “Local Initiatives Support Corporation,” which publishes material condemning “whiteness” in community development. It has also supported LGBTQ clinics that provide so-called “gender-affirming hormone therapy” to clients “of any age,” and granted $6.7 million to the Clearinghouse CDFI, which hosted a fashion show promoting transgenderism.

*****

He’s Running

If I may circle back to JPMorgan Chase and Jamie Dimon for just a moment, I translate the following headline as reading, “Jamie Dimon Is Running for President in 2028”:

“JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security” [Fox Business – 10/13/2025]

JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security.

The effort — dubbed the "Security and Resiliency Initiative" — will direct $1.5 trillion toward projects spanning energy, manufacturing and defense. As part of the plan, the financial giant will invest up to $10 billion in direct equity and venture capital to help select U.S.-based companies "enhance their growth, spur innovation and accelerate strategic manufacturing," the company said.

JPMorgan’s woke, globalist CEO is suddenly talking like an America-first MAGA voter…

"It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security," JPMorgan Chase CEO Jamie Dimon said in a statement.

This also sounds very much like a presidential candidate:

"Our security is predicated on the strength and resiliency of America’s economy. America needs more speed and investment. It also needs to remove obstacles that stand in the way: excessive regulations, bureaucratic delay, partisan gridlock and an education system not aligned to the skills we need."

Will Jamie Dimon run for president as a Bill Clinton-style “New Democrat” nudging the party back toward the center, or will he run as a Republican and try to follow the same “famous businessman” lane that Trump took. Or maybe Dimon thinks he is the person who can finally run a successful Independent campaign, achieving what Ross Perot couldn’t.

As I have been documenting here over the years, Dimon enthusiastically embraced the DEI / ESG agenda, and was a passionate social justice warrior when that was in vogue. Now that left-wing corporations are out of favor with both the Trump administration and the public at large, Dimon seems to be de-transitioning from his role as a woke leftist.

Do I trust Dimon? Not at all. But do I think he can read the tea leaves and see which way the political winds are blowing? Certainly. Would he be a better President than Gavin Newsom, Kamala Harris, or Alexandria Ocasio Cortez ? Absolutely.

As for me, it doesn’t matter. My vote is going to JD Vance in 2028. Good luck, Mr. Dimon.

[buck.throckmorton at protonmail dot com]

Posted by: Buck Throckmorton at 11:00 AM




Comments

(Jump to bottom of comments)

1 1

Posted by: Formerly Virginian at October 17, 2025 11:00 AM (N1DT3)

2 Morgen!

Posted by: Additional Blond Agent, STEM Guy at October 17, 2025 11:00 AM (/HDaX)

3 Not single blade in sight

Posted by: Formerly Virginian at October 17, 2025 11:00 AM (N1DT3)

4 I alerted the otters.

So watch your backs.

Posted by: Zombie Robbo the Llama Butcher at October 17, 2025 11:02 AM (LxER7)

5 Our "best and brightest" are really stupid, because they're blinded by ideology.

Posted by: Formerly Virginian at October 17, 2025 11:02 AM (N1DT3)

6 Heads vill roll!
HEADS VILL ROLL!!!!!!

Posted by: Major Hockstetter at October 17, 2025 11:03 AM (2WIwB)

7 Cofeve

Posted by: Commissar of plenty and festive little hats at October 17, 2025 11:04 AM (Cfpp3)

8 I am reminded of a study that showed that countries that lose a war grow much more rapidly than countries that win...

and it wasn't because they were catching up to economic leaders.

Despite the massive costs of war, losing a war meant that their bureaucracies had been smashed and as a result, the economies were freed.

Because it seems the only mortal weakness of an immortal government program is another government bombing it.

Posted by: Formerly Virginian at October 17, 2025 11:05 AM (N1DT3)

9 "The fallout continues, with a humbled Jamie Dimon, the CEO of JPMorgan Chase, acknowledging the bank’s irresponsibility as it takes a $170 million hit for its involvement with Tricolor."

1. Dimon is a moron and always was a moron. He's the Kamala Harris of CEOs. Fell upwards his entire life.

2. $170M is the lint in the 17th floor janitor's asscrack for JPM. Not even a rounding error.

3. The $170M is the remaining charge-off. I'm sure JPM made 10x in the transactions and fees and assignments of the debt before the charge-off. It's like the startup that raises tons of money, distributes the money to investors, then collapses. The investors take a hit at the end, but they pocketed 10x before.

Posted by: Elric The Blade at October 17, 2025 11:06 AM (iFTx/)

10 I don't trust Dimon. Or any banker, for that matter.

Posted by: Bulg at October 17, 2025 11:06 AM (77rzZ)

11 You know, it's amazing how much actual money our government gave out (spent) on such bs, and the extent of influence across all sectors of such sums...

*$37T in debt. Ok, not that amazing *

Posted by: man at October 17, 2025 11:06 AM (tubbA)

12 Not single blade in sight
Posted by: Formerly Virginian at October 17, 2025 11:00 AM (N1DT3)
______

You never see the blade coming until it's too late

Posted by: Elric The Blade at October 17, 2025 11:07 AM (iFTx/)

13 Do I trust Dimon? Not at all. But do I think he can read the tea leaves and see which way the political winds are blowing? Certainly. Would he be a better President than Gavin Newsom, Kamala Harris, or Alexandria Ocasio Cortez ? Absolutely.

As for me, it doesn’t matter. My vote is going to JD Vance in 2028. Good luck, Mr. Dimon.

Posted by Buck Throckmorton
-------
We saw that show in 2020 with Bloomberg. Dimon would be a repeat of that horrendous performance as would Cuban most likely.

Simply put, the Dems want oligarch money but don't want oligarchs themselves as candidates. Too many political brokers want their chance at the ring of power.

GOP was the same way fending off outsider candidates until that collapsed with Trump in 2016. I think regardless of what Bloomberg or Dimon may think, Trump is a singular individual that our political system rarely allows past the party gatekeepers.

Posted by: whig at October 17, 2025 11:07 AM (WDjG6)

14 Sure. Let's put someone like Jamie Dimon in charge of the nukular codes.

People like him own the politicians in the first place, might as well cut out the middleman.

Posted by: BurtTC at October 17, 2025 11:07 AM (dGCAG)

15 "Tricolor was a company that sold and financed cars, and it’s target market was Spanish-speaking illegal aliens."


And they didn't require real insurance when they sold cars. They would get their clients a 30 day minimum policy so they could get the car registered and then they never renewed it. They were all over the DFW metroplex.

Posted by: Mister Scott (Formerly GWS) at October 17, 2025 11:08 AM (0N4FZ)

16 Will Jamie Dimon run for president as a Bill Clinton-style “New Democrat” nudging the party back toward the center, or will he run as a Republican and try to follow the same “famous businessman” lane that Trump took. Or maybe Dimon thinks he is the person who can finally run a successful Independent campaign, achieving what Ross Perot couldn’t.


1. You have the charisma of a garden slug. And twice as slimy.
2. You are no J.D. Vance
3. You are no Ross Perot

Posted by: rickb223 at October 17, 2025 11:09 AM (X8sJa)

17 Tangential:

https://x.com/jchasedavis/status/
1978867502697292039

A graph of how many H1-B Visa holders were getting loan locks for FHA subsidized loans over time.

Peaking early this year and then suddenly crashing to almost nothing after a policy change.

Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:10 AM (GBKbO)

18 Shine On you crazy Dimon.

Posted by: Mr Aspirin Factory, red heifer owner at October 17, 2025 11:10 AM (l1d7r)

19 12 Not single blade in sight
Posted by: Formerly Virginian at October 17, 2025 11:00 AM (N1DT3)
______

You never see the blade coming until it's too late
Posted by: Elric The Blade
=====
21 ft rule of thumb. Fight a blade with distance from it and a gun.

Posted by: whig at October 17, 2025 11:10 AM (WDjG6)

20 16 Will Jamie Dimon run for president as a Bill Clinton-style “New Democrat” nudging the party back toward the center, or will he run as a Republican and try to follow the same “famous businessman” lane that Trump took. Or maybe Dimon thinks he is the person who can finally run a successful Independent campaign, achieving what Ross Perot couldn’t.


1. You have the charisma of a garden slug. And twice as slimy.
2. You are no J.D. Vance
3. You are no Ross Perot
Posted by: rickb223 at October 17, 2025 11:09 AM (X8sJa)

======

Perot got traction because he said outsider things.

Would Dimon say outsider things?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:10 AM (GBKbO)

21 I'm betting there's a lot of billionaires and multi-millionaires looking at Trump's success and thinking "I could do that!"

I don't think they realize Trump is rather unique, and, like Rupert Murdoch found a very niche issue to champion. For Murdoch is was a measly 50% of the audience. For Trump, it's a puny 80% of the electorate.

As a result, Trump didn't even have to win ALL the votes of the people who agreed with him on Immigration. Just over half was enough to win.

Posted by: Formerly Virginian at October 17, 2025 11:11 AM (N1DT3)

22
It's a write off, Jerry.
They just write it off.

Posted by: Kramer at October 17, 2025 11:11 AM (SeSfo)

23 21 ft rule of thumb. Fight a blade with distance from it and a gun.
Posted by: whig at October 17, 2025 11:10 AM (WDjG6)

That's only if the gun isn't already in your hands.

Posted by: Formerly Virginian at October 17, 2025 11:11 AM (N1DT3)

24 6 Heads vill roll!
HEADS VILL ROLL!!!!!!
Posted by: Major Hockstetter at October 17, 2025 11:03 AM (2WIwB)
---

He was in a so-so-to-bad western called Alvarez Kelly with William Holden and Richard Widmark. It was a strange experience to see him.

Posted by: Zombie Robbo the Llama Butcher at October 17, 2025 11:11 AM (LxER7)

25 1. You have the charisma of a garden slug. And twice as slimy.
2. You are no J.D. Vance
3. You are no Ross Perot
Posted by: rickb223
=======
Bankers are despised as a class. Cuban would be more likely to have political success among Dems than Dimon.

Posted by: whig at October 17, 2025 11:11 AM (WDjG6)

26 I'm no fan of JPMC but this whole article way overstates the problem of woke lending standards, imo. Dimon may be right (referring to credit quality issues generally as cockroaches, and saying where there is one bad loan, there are probably others), and consumers are indeed stretched far right now. Credit card and mortgage past dues are evidence of that being true. But this problem isn't a problem of woke lending, its a problem of consumers broadly speaking overspending and over consuming.

Posted by: Huck Follywood at October 17, 2025 11:11 AM (yfJM0)

27 Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:10 AM (GBKbO)

Shut up, they screeched.

Posted by: Mr Aspirin Factory, red heifer owner at October 17, 2025 11:12 AM (l1d7r)

28 Perot got traction because he said outsider things.

Would Dimon say outsider things?
Posted by: TheJamesMadison


Perot also got traction because he was a successful businessman.

Dimon is a slimy banker.

Posted by: rickb223 at October 17, 2025 11:12 AM (X8sJa)

29 I am really enjoying watching LE vs Pantifa protester videos this morning as I somewhat ill.

The rhyming chants are powerless against teargas.

Posted by: toby928 at October 17, 2025 11:12 AM (jc0TO)

30 "It has become painfully clear that the United States has allowed itself to become too reliant on unreliable sources of critical minerals, products and manufacturing – all of which are essential for our national security,"
———

Reg’ler Sherlock Holmes, e’ is!

I’m just an ignorant hick rube mouth breather out here in flyover Jesus Land and had this figured out 30 years ago.

How come this painfully clear observation wasn’t made by about 5000 people in various different top jobs in the federal government? I mean, that’s their fucking job. The truth is, this has been a deliberate strategy, or non-strategy.

No other explanation is possible. They want the USA to fail. They have done everything in their power to weaken the USA, by a stealth method of doing nothing. This is considered a bit more humane. Like say, letting COVID sufferers die alone in a locked down hospital room.

Posted by: Common Tater at October 17, 2025 11:12 AM (L7CUp)

31 21 I'm betting there's a lot of billionaires and multi-millionaires looking at Trump's success and thinking "I could do that!"

I don't think they realize Trump is rather unique, and, like Rupert Murdoch found a very niche issue to champion. For Murdoch is was a measly 50% of the audience. For Trump, it's a puny 80% of the electorate.

As a result, Trump didn't even have to win ALL the votes of the people who agreed with him on Immigration. Just over half was enough to win.
Posted by: Formerly Virginian at October 17, 2025 11:11 AM (N1DT3)

=======

People like Dimon and Cuban would say all the same things as Kamala Harris but while being white, without an earned electoral coalition already in place, and with a promise to donate a bunch of money, or something.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:12 AM (GBKbO)

32 And Dimon run for President? Seriously?

Posted by: Huck Follywood at October 17, 2025 11:12 AM (yfJM0)

33 21 ft rule of thumb. Fight a blade with distance from it and a gun.
Posted by: whig at October 17, 2025 11:10 AM (WDjG6)

In a knife fight, everyone bleeds. Winners drip, losers gush.

Posted by: Madamemayhem (uppity wench) at October 17, 2025 11:13 AM (2J/Lj)

34 "We will not be moved!" as they are getting moved.

Posted by: toby928 at October 17, 2025 11:13 AM (jc0TO)

35 I don't trust Dimon. Or any banker, for that matter.
Posted by: Bulg at October 17, 2025 11:06 AM (77rzZ)

What's to trust? They take your money, invest it so they make shedloads of money for themselves, and reluctantly give it back to you when you ask for it.

And if you ask them for a loan, they might give you one, and make shedloads of money from your payments.

Heads they win, tails you lose.

But you got a nice tote bag.

Posted by: BurtTC at October 17, 2025 11:13 AM (dGCAG)

36 16 1. You have the charisma of a garden slug. And twice as slimy.
2. You are no J.D. Vance
3. You are no Ross Perot
Posted by: rickb223 at October 17, 2025 11:09 AM (X8sJa)

He's not even a DeathSantis.

Posted by: XTC at October 17, 2025 11:14 AM (UnA8+)

37 28 Perot also got traction because he was a successful businessman.

Dimon is a slimy banker.
Posted by: rickb223 at October 17, 2025 11:12 AM (X8sJa)

=======

Absolutely not. That's not at all why Perot got traction.

Perot got traction because he called out the GOP for its failures, especially George HW Bush. He was able to carry the message because he had a shit ton of money to buy media while the dominant liberal media was happy to see Bush weakened by a prominent voice from the right to split the vote.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:14 AM (GBKbO)

38 Not single blade in sight
Posted by: Formerly Virginian at October 17, 2025 11:00 AM (N1DT3)
______

You never see the blade coming until it's too late
Posted by: Elric The Blade at October 17, 2025 11:07 AM (iFTx/)

***

The blade cuts like a Westside gang member...deep, wide, and often.

Posted by: Diogenes at October 17, 2025 11:15 AM (2WIwB)

39 Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:10 AM (GBKbO)

That pus oozing sore you got from laying down with that "lady" in Tijuana?

Only here temporarily.

Posted by: BurtTC at October 17, 2025 11:15 AM (dGCAG)

40 Investment. How does it work when it doesn't?
Guess it's write off.
Write off. How does that work.....
Not going out to eat for a while.

Posted by: Case at October 17, 2025 11:15 AM (9HFDU)

41 That First Brands auto parts conglomerate going bankrupt is hurting the banks right now as well.

Liabilities estimated at $10-50 billion against assets valued at $1-10 billion.

The auto industry is getting slapped in the face with all the tariffs. We could get some better quality parts on the other end of this since so much won't be imported from China now.

Posted by: SpeakingOf at October 17, 2025 11:15 AM (6ydKt)

42 That's only if the gun isn't already in your hands.
Posted by: Formerly Virginian
======
Jacket/pocket revolver carry. Amazingly fast although you will need to mend the jacket afterwards. And no, the Tueller Drill 21 ft standard is drawing down on someone running at you if you have an efficient drawstroke within 1.5 seconds and usually you are also taught to step out of the line of the oncoming threat before firing.

FWIW, from wiki, "MythBusters covered the drill in the 2012 episode "Duel Dilemmas". At 20 ft (6.1 m), the gun-wielder was able to shoot the charging knife attacker just as he reached the shooter. At shorter distances the knife wielder was always able to stab prior to being shot."

Posted by: whig at October 17, 2025 11:15 AM (WDjG6)

43 1. You have the charisma of a garden slug. And twice as slimy.
2. You are no J.D. Vance
3. You are no Ross Perot
Posted by: rickb223

Please don't remind me of the chances our country had back in 1992.

Yeah, maybe he was a little wacky, but we might actually have gotten fiscal sanity back.

Posted by: Formerly Virginian at October 17, 2025 11:16 AM (N1DT3)

44 Dimon will secure at least as many delegates as Bloomberg did. A half billion down the porcelain device.

Posted by: Flush With Success at October 17, 2025 11:16 AM (oftw2)

45 Jamie Dimon is better than any other democrat candidate in the sense that he knows what hat would and would not screw up the economy.

Whether that means he would then avoid screwing up the economy is another matter.

Posted by: Dr. Claw at October 17, 2025 11:16 AM (jbnUc)

46 This and the series of debanking scandals are indicative of how enmeshed much of the financial system is with the government. That should end.
==
Please note, the federal government should borrow on its own account only and guarantee no one's debt except in a crisis (if then). We had a series of crises in 1930-33 and another in 2008-09. Any 'guarantees' made outside of those two windows in time should never have occurred and those in those two windows should have expired after a few years.

Posted by: Art Deco at October 17, 2025 11:17 AM (2TXH9)

47
At this point, it really doesn't matter if he runs for Preezy.

If he runs MAGA, he gets killed by all of his progtard quotes since the Obama Mistake.

If he runs progtard, he gets killed by all his new MAGAish quotes.

By killed I mean loses elections, buuuuut when the left start eating their own...well, who knows?

Posted by: naturalfake at October 17, 2025 11:17 AM (iJfKG)

48 There's no way in hell I'd vote for a globalist banker to be president, especially Jamie Dimon.

Canada is already finding out the hard way with Carney running the joint.

Posted by: SpeakingOf at October 17, 2025 11:17 AM (6ydKt)

49 Tangential:

https://x.com/jchasedavis/status/
1978867502697292039

A graph of how many H1-B Visa holders were getting loan locks for FHA subsidized loans over time.

Peaking early this year and then suddenly crashing to almost nothing after a policy change.

Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:10 AM (GBKbO)
______

Two comments:

1. The graph is "immigrants without permanent residency, including H1B visas." I'm not sure what that means (illegals included or nah?) but it's more than just H1B.

2. What's interesting (in addition to the collapse in May 2025) is the initial spike. Guess when and who was just sworn in as president.

Bonus comment: Joey Shitbrains might have caused more damage to this country in 4 years than even Gayfag Lightbringer did in 8. Not joking.

Posted by: Elric The Blade at October 17, 2025 11:17 AM (iFTx/)

50 Please don't remind me of the chances our country had back in 1992.

Yeah, maybe he was a little wacky, but we might actually have gotten fiscal sanity back.
Posted by: Formerly Virginian at October 17, 2025 11:16 AM (N1DT3)

Yeah, I don't know what a Perot administration would have been like, but I can't imagine it would have been worse than the alternatives.

Posted by: BurtTC at October 17, 2025 11:18 AM (dGCAG)

51 In a high level briefing, someone pointed out to Gen. Curtis LeMay that in a some specific situation that escapes me now, it was not US policy to deploy nuclear weapons in retaliation.

“That may be”, the General intoned. “But it is my policy”. LOL

Posted by: Common Tater at October 17, 2025 11:18 AM (3w6UX)

52 Dimon, or for that matter anyone who goes into politics isn't trustworthy, IMO. I don't consider Trump or Vance to be 100% trustworthy either. Humans being imperfect and all that.

But they might be less able to hide their horseshit as they've little practice in the political sphere where every move is analyzed by "experts."

Posted by: Martini Farmer at October 17, 2025 11:18 AM (Q4IgG)

53 President Trump was empowered to permanently dismiss the 100+ employees of the federal agency that had certified Tricolor...

Lawsuits and injunctions incoming...

Posted by: Ex Rex Reeder at October 17, 2025 11:19 AM (MZ+PY)

54 49 Two comments:

1. The graph is "immigrants without permanent residency, including H1B visas." I'm not sure what that means (illegals included or nah?) but it's more than just H1B.

2. What's interesting (in addition to the collapse in May 2025) is the initial spike. Guess when and who was just sworn in as president.

Bonus comment: Joey Shitbrains might have caused more damage to this country in 4 years than even Gayfag Lightbringer did in 8. Not joking.
Posted by: Elric The Blade at October 17, 2025 11:17 AM (iFTx/)
======

1. Fair. But, the overall situation is still true: Not permanent residents getting subsidized loans to buy houses for 30 year loans? wtf.

2. The objective was to change America at a demographic level. To, say, replace the current population with another population. It's a theory I have.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:20 AM (GBKbO)

55 I didn't see cartel money laundering operation on your list.

Posted by: the way i see it at October 17, 2025 11:20 AM (EYmYM)

56 12 You never see the blade coming until it's too late
Posted by: Elric The Blade at October 17, 2025 11:07 AM (iFTx/)

That sounds kinda.... rapey.

Posted by: XTC at October 17, 2025 11:20 AM (UnA8+)

57 9 "The fallout continues, with a humbled Jamie Dimon, the CEO of JPMorgan Chase, acknowledging the bank’s irresponsibility as it takes a $170 million hit for its involvement with Tricolor."

1. Dimon is a moron and always was a moron. He's the Kamala Harris of CEOs. Fell upwards his entire life.

2. $170M is the lint in the 17th floor janitor's asscrack for JPM. Not even a rounding error.

3. The $170M is the remaining charge-off. I'm sure JPM made 10x in the transactions and fees and assignments of the debt before the charge-off. It's like the startup that raises tons of money, distributes the money to investors, then collapses. The investors take a hit at the end, but they pocketed 10x before.
Posted by: Elric The Blade at October 17, 2025 11:06 AM (iFTx/)

I agree on all your points except the first one. Dimon is the preeminent banker of his generation - even if that's saying he's the tallest Munchkin in Oz. Sandy Weill was his mentor in the beginning of his career, and after Weill fired him (he was the heir apparent at Citibank) he came back from that on his own merits.

Politically, I put him in the same class as Bob Iger. In other words, he's not POTUS material.

Posted by: Darrell Harris - Je Suis Charlie at October 17, 2025 11:20 AM (0CU3H)

58 OT

Well, the emergency veterinary clinic place has our cats name as Pynchon and my last name on the status board. It gave me a laugh in what has not been a great morning. I've never seen human last names used before.

Posted by: FenelonSpoke at October 17, 2025 11:20 AM (3Aazl)

59 I'd vote for a banker if I could get a free toaster out of the deal. And not a red one, either. Chrome!

Posted by: Transactional Poitics at October 17, 2025 11:21 AM (oftw2)

60 59 I'd vote for a banker if I could get a free toaster out of the deal. And not a red one, either. Chrome!
Posted by: Transactional Poitics at October 17, 2025 11:21 AM (oftw2)

======

Shiny and chrome on the road to Valhalla.

Witness!

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:21 AM (GBKbO)

61 Sorry, don't trust Jaime Dimon & Co. one damn bit. He so reminds me of the Bush family and friends.

AI Overview: "Some have compared JPMorgan Chase CEO Jamie Dimon to members of the Bush family, drawing parallels in their connections to political power and high finance. The comparison is not based on formal political or family ties, but rather on perceived similarities in their roles as influential figures who bridge the worlds of Wall Street and Washington, D.C. Dimon is a long-time registered Democrat who has historically been perceived as a moderate and pragmatic leader.

Really? It was reported he privately supported Kamala Harris but wouldn't say it out loud. Further, nothing is ever his fault. DEI would never die under the good Jaime either.

Posted by: L - No nic, another fine day at October 17, 2025 11:22 AM (NFX2v)

62 First Brands auto parts"

I'm not one to celebrate others' failures, but I don't have to feel badly about said failure, either.

Couldn't happen to a better bunch.

Posted by: man at October 17, 2025 11:22 AM (tubbA)

63 The Tricolor customers also self-deported, and drove the collateral over the border.

Anyone sho bought these loans or the securities wrapping them deserves what he gets.

Posted by: Boomstick at October 17, 2025 11:22 AM (xSJWt)

64 Yeah, maybe he was a little wacky, but we might actually have gotten fiscal sanity back.
Posted by: Formerly Virginian
======
We did more or less which is the usual response of the US to third parties. We had a balanced budget, kind of (it excluded raiding social security/medicare taxes from the analysis), in 1998-9 due to the GOP Congress getting elected and Clinton trying to survive politically.



Posted by: whig at October 17, 2025 11:22 AM (WDjG6)

65 I'd vote for a banker if I could get a free toaster out of the deal. And not a red one, either. Chrome!
Posted by: Transactional Poitics at October 17, 2025 11:21 AM (oftw2)

I don't need a toaster. Maybe a little football clock?

Posted by: BurtTC at October 17, 2025 11:22 AM (dGCAG)

66 I'm not sure I agree completely about Jamie Dimon, but in all other respects this is an excellent description of the disconnect between conventional and accepted banking principles and the hyper-politicization of American corporate Behavior.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:22 AM (prspb)

67 I saw an infographic that showed a similiar set of programs for non-citizen homebuyers that dwarfed aid given to low income citizen homebuyers.

The government wasn't just raising housing costs by bringing in foreigners...it was also giving foreigners money to buy houses at the expense of the citizenry.

I remember in the 2012 election there was a point about how many Americans are getting money from Uncle Sugar...but it looks like we have an even bigger problem with Uncle Sugar paying to bring foreigners here then handing THEM money

Posted by: 18-1 at October 17, 2025 11:22 AM (sKqQm)

68 Interesting take on Mr. Dimon's future ambitions.

Posted by: Sock Monkey * sporting my Andrew Breitbart attitude at October 17, 2025 11:23 AM (nq6/a)

69 >>>humbled Jamie Dimon, the CEO of JPMorgan Chase

F that guy. He got in bed with the Marxists and the corruptocrats and failed to hedge the political risks of the political market going against his embrace of DEI, ESG, and leftist forever-rule.

Burn in hell, S-head.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:23 AM (i24o9)

70 Thanks to Senator Schumer’s shutdown of the federal government, President Trump was empowered to permanently dismiss the 100+ employees of the federal agency



He was not empowered H8er!!
- Random Judge that blocked it

Posted by: Its Go Time Donald at October 17, 2025 11:23 AM (5Yz+T)

71 I've never seen human last names used before.
Posted by: FenelonSpoke

Pynchon Spoke has a nice ring to it.

Posted by: Floyd, Stifel, and Felix the Cat at October 17, 2025 11:23 AM (oftw2)

72 explain the math on the name 'Fifth Third" Bank?

lol anyway a lot of US "industries" (looking at you, healthcare) were focused on the ROI of illegality and fraud (and waste and abuse).

this is gonna be one HELL of a cleanup.

Posted by: BlackOrchid at October 17, 2025 11:23 AM (emBoF)

73 I wouldn't vote for him but I wish for the days when we at least had a non American-hating, loyal opposition.

That's what I consider Tulsi Gabbard.

Posted by: the way i see it at October 17, 2025 11:24 AM (EYmYM)

74 This is housing bubble 2.0. Instead of giving mortgages to illegals and welfare recipients they did it with car loans.

Anyone who was surprised by the outcome in an idiot.

Posted by: Its Go Time Donald at October 17, 2025 11:24 AM (5Yz+T)

75 64 Yeah, maybe he was a little wacky, but we might actually have gotten fiscal sanity back.
Posted by: Formerly Virginian
======
We did more or less which is the usual response of the US to third parties. We had a balanced budget, kind of (it excluded raiding social security/medicare taxes from the analysis), in 1998-9 due to the GOP Congress getting elected and Clinton trying to survive politically.

Posted by: whig at October 17, 2025 11:22 AM (WDjG6)

The book that needs to be written before the main participants pass away is the rivalry/alliance between Newt and Bill.

Posted by: Darrell Harris - Je Suis Charlie at October 17, 2025 11:24 AM (0CU3H)

76 Perot got traction because he called out the GOP for its failures, especially George HW Bush. He was able to carry the message because he had a shit ton of money to buy media while the dominant liberal media was happy to see Bush weakened by a prominent voice from the right to split the vote.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:14 AM (GBKbO)


He was right on NAFTA and the national debt.
A lot of people voted for him just because he wasn't a D or R.

If he hadn't dropped out mid-campaign because he got paranoid about GOP dirty tricks and then got back in a few months later he probably would've won. He had all the momentum before he did the 60 Minutes interview.

So he ended up with 19% and we ended up with Clinton.

Posted by: SpeakingOf at October 17, 2025 11:24 AM (6ydKt)

77 I don't like Dimon but he's a better D candidate than Newsome or AOC.

it would be nice to not live in TERROR of the possibility of a Dem Prez, tbh.

that said he's a worm.

Posted by: BlackOrchid at October 17, 2025 11:24 AM (emBoF)

78 Posted by: Floyd, Stifel, and Felix the Cat at October 17, 2025 11:23 AM (oftw2

Yes; It does! 🙂

Posted by: FenelonSpoke at October 17, 2025 11:24 AM (3Aazl)

79 On the one hand I can't see a banker running for president as a Democrat - spend a few minutes in any left forum and you'll find posts suggesting people Luigi the heads of various big banks.

But...

In the end Democrats will vote for whoever they are told to vote for

Posted by: 18-1 at October 17, 2025 11:24 AM (sKqQm)

80 I'd vote for a banker if I could get a free toaster out of the deal. And not a red one, either. Chrome!
Posted by: Transactional Poitics at October 17, 2025 11:21 AM (oftw2)

I don't need a toaster. Maybe a little football clock?
Posted by: BurtTC at October 17, 2025 11:22 AM (dGCAG)

My vote could be had for a solar-powered calculator.

Posted by: Count de Monet at October 17, 2025 11:25 AM (wVcYX)

81 74 This is housing bubble 2.0. Instead of giving mortgages to illegals and welfare recipients they did it with car loans.


well they also did the mortgage thing

did you see that FHA loan chart??!?!!

Posted by: BlackOrchid at October 17, 2025 11:25 AM (emBoF)

82 Posted by: Darrell Harris - Je Suis Charlie at October 17, 2025 11:20 AM (0CU3H)

Dimon shoots his mouth off far too often, but he is an excellent bank CEO, and the success of JP Morgan is a testament to that. His political pronouncements are moronic for the most part, but his skill at banking is undeniable.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:25 AM (prspb)

83 Really? It was reported he privately supported Kamala Harris but wouldn't say it out loud. Further, nothing is ever his fault. DEI would never die under the good Jaime either.

Posted by: L - No nic, another fine day at October 17, 2025 11:22 AM (NFX2v)

Yes, uniparty.

That's what the uniparty looks like. Bridging the gaps between Wall Street and DC.

Left unsaid: Screwing over everyone else.

Posted by: BurtTC at October 17, 2025 11:25 AM (dGCAG)

84 and drove the collateral over the border."

The volume of really crappy vehicles headed sotb this summer was ...impressive. Mexico setting up for "cash for clunkers"?

Posted by: man at October 17, 2025 11:25 AM (tubbA)

85 >>>Dimon said on an earlier conference call with reporters that Tricolor marked a lapse for New York-based JPMorgan. ”It is not our finest moment,” he said. “When something like that happens, you can assume that we scour every issue, every universe, everything about how it could be taking place to make sure it doesn’t take place from here.

Yeah, it's too bad that there isn't some Washington Mutual of crappy auto loans around that the government can seize and prop up your company this time.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:26 AM (i24o9)

86 ah I see 18-1 mentioned the FHA thing

shocking and infuriating!!!!

Posted by: BlackOrchid at October 17, 2025 11:26 AM (emBoF)

87
I am reminded of a study that showed that countries that lose a war grow much more rapidly than countries that win...




Countries that lose a war to the United States, that is. See "The Mouse That Roared".

The rest of the world couldn't care less about rebuilding their defeated foes, except to build up colonial resource exploitation.

Posted by: IllTemperedCur at October 17, 2025 11:26 AM (y9nCu)

88 The last four years were an orgy of looting the treasury.

Why does everything cost twice as much as it did under Trump's first term? Because Biden halved the value of the dollar so he could print money to give to non-citizens.

Posted by: 18-1 at October 17, 2025 11:26 AM (sKqQm)

89 79 On the one hand I can't see a banker running for president as a Democrat - spend a few minutes in any left forum and you'll find posts suggesting people Luigi the heads of various big banks.

But...

In the end Democrats will vote for whoever they are told to vote for
Posted by: 18-1 at October 17, 2025 11:24 AM (sKqQm)

======

Black boomers will choose the candidate in 2028. It's their last hurrah before blacks become increasingly irrelevant to Democrat politics.

Every generation below boomer for Blacks are significantly less loyal.

Who do they trust?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:26 AM (GBKbO)

90 “Jamie Dimon Is Running for President in 2028”:

“JPMorgan Chase launches $1.5 trillion plan to bolster US economic and national security” [Fox Business – 10/13/2025]

JPMorgan Chase on Monday unveiled a sweeping $1.5 trillion, decade-long initiative to strengthen industries vital to America’s economic and national security.

The effort — dubbed the "Security and Resiliency Initiative" — will direct $1.5 trillion toward projects spanning energy, manufacturing and defense. As part of the plan, the financial giant will invest up to $10 billion in direct equity and venture capital to help select U.S.-based companies "enhance their growth, spur innovation and accelerate strategic manufacturing," the company said.


With whose money? It sounds like a campaign contribution to me.

Posted by: Archimedes at October 17, 2025 11:26 AM (Riz8t)

91 I agree on all your points except the first one. Dimon is the preeminent banker of his generation - even if that's saying he's the tallest Munchkin in Oz. Sandy Weill was his mentor in the beginning of his career, and after Weill fired him (he was the heir apparent at Citibank) he came back from that on his own merits.

Politically, I put him in the same class as Bob Iger. In other words, he's not POTUS material.
Posted by: Darrell Harris - Je Suis Charlie at October 17, 2025 11:20 AM (0CU3H)
___

More like tallest smurf. I think the big banks are essentially on autopilot and any idiot could be CEO. They are the essential lifeblood of the country -- as much as I despise them -- because literally nothing gets done without them. Being CEO of a big bank is like being CEO of oxygen.

Posted by: Elric The Blade at October 17, 2025 11:27 AM (iFTx/)

92 My vote could be had for a solar-powered calculator.
Posted by: Count de Monet at October 17, 2025 11:25 AM (wVcYX)

Damn. I had one of those. Sewn into the inside pocket of a binder.

For some reason it stopped working.

Posted by: BurtTC at October 17, 2025 11:27 AM (dGCAG)

93 "Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?"

Because after three years here, their employers can sponsor them for a green card - which many (most?) do. H1-B's are not for temporary employment: they're intended to attract the "best and brightest" to emigrate here and fill jobs for which no Americans purportedly can be found. The last clause is pure taurine effluvia, of course: Americans can be found, but the H1-B employees work for less and, unlike the Americans, they can't quit. The abuse of the H1-B program in tech is an ongoing scandal.

Posted by: Nemo at October 17, 2025 11:27 AM (4RPgu)

94 Perot was a nut who guessed right that good intention policies would be turned on their head by the Left. Except that wasn't his reasons .

Posted by: the way i see it at October 17, 2025 11:28 AM (EYmYM)

95 93 "Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?"

Because after three years here, their employers can sponsor them for a green card - which many (most?) do. H1-B's are not for temporary employment: they're intended to attract the "best and brightest" to emigrate here and fill jobs for which no Americans purportedly can be found. The last clause is pure taurine effluvia, of course: Americans can be found, but the H1-B employees work for less and, unlike the Americans, they can't quit. The abuse of the H1-B program in tech is an ongoing scandal.
Posted by: Nemo at October 17, 2025 11:27 AM (4RPgu)

======

Yeah, but why is the American taxpayer subsidizing them?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:28 AM (GBKbO)

96 My vote could be had for a solar-powered calculator"

Still use my TI...

Posted by: man at October 17, 2025 11:28 AM (tubbA)

97 Wash away my troubles, wash away my pain
With the rain in Shambala
Wash away my sorrow, wash away my shame
With the rain in Shambala

Ah-ooh-ooh-ooh, ooh-ooh-ooh, yeah
On the road to Shambala!

Posted by: Jamie Dimon at October 17, 2025 11:28 AM (wVcYX)

98 >>>his skill at banking is undeniable.

lol

His skill at politcal maneuvering to get the government to cover his crappy risk assessment is legendary. Here, his bank is caught out, because he failed to correctly assess the political winds and make appropriate and timely corrections, when he incorrectly thought that business as usual would continue as usual under Trump.

He chose poorly.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:29 AM (i24o9)

99 Reg’ler Sherlock Holmes, e’ is!

I’m just an ignorant hick rube mouth breather out here in flyover Jesus Land and had this figured out 30 years ago.

How come this painfully clear observation wasn’t made by about 5000 people in various different top jobs in the federal government? I mean, that’s their fucking job. The truth is, this has been a deliberate strategy, or non-strategy.

No other explanation is possible. They want the USA to fail. They have done everything in their power to weaken the USA, by a stealth method of doing nothing. This is considered a bit more humane. Like say, letting COVID sufferers die alone in a locked down hospital room.

Posted by: Common Tater at October 17, 2025 11:12 AM


We put ourselves into the same position that Japan was in the 1930s. They were importing all sorts of stuff they couldn't get in the home islands and went into China to exploit the resources there. When we shut off the oil that was pretty much it for them. They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.

Posted by: Mister Scott (Formerly GWS) at October 17, 2025 11:29 AM (0N4FZ)

100 62 First Brands auto parts"

I'm not one to celebrate others' failures, but I don't have to feel badly about said failure, either.

Couldn't happen to a better bunch.

Posted by: man at October 17, 2025 11:22 AM (tubbA)

The immigrant who founded and ran the company turned out to be a huge crook.

Using receivables to get bank loans, and then using the same receivables to get more bank loans. Rinse & repeat.

Meanwhile he's buying a $23 million dollar estate in California with his money while his company is drowning in the red.

Posted by: SpeakingOf at October 17, 2025 11:29 AM (6ydKt)

101 I would imagine there are any number of corporate CEO's and their ilk that would like to take a stab at being president. For one, they're all likely to have massive egos. Similar to someone we all know who's frequently on the tube or streams letting us know what's what.

Political nuance is learned. One might say Trump "learned" how to be political. I'm not sure every CEO thinking about the proverbial "big chair" can learn politics sufficiently enough to be effective and not a total fuck-up.

Posted by: Martini Farmer at October 17, 2025 11:29 AM (Q4IgG)

102 "Why were H1-B's getting 6% of all FHA loans for houses when they're only here temporarily?"

Because after three years here, their employers can sponsor them for a green card - which many (most?) do. H1-B's are not for temporary employment: they're intended to attract the "best and brightest" to emigrate here and fill jobs for which no Americans purportedly can be found. The last clause is pure taurine effluvia, of course: Americans can be found, but the H1-B employees work for less and, unlike the Americans, they can't quit. The abuse of the H1-B program in tech is an ongoing scandal.
Posted by: Nemo at October 17, 2025 11:27 AM (4RPgu)

======

Yeah, but why is the American taxpayer subsidizing them?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:28 AM (GBKbO)
_______

OBEY YOUR MASTER

Posted by: Elric The Blade at October 17, 2025 11:30 AM (iFTx/)

103 but why is the American taxpayer subsidizing them?"

DC area (NoVa, MD)... we've got a hand in the money stream!

Posted by: man at October 17, 2025 11:30 AM (tubbA)

104 26 I'm no fan of JPMC but this whole article way overstates the problem of woke lending standards, imo. Dimon may be right (referring to credit quality issues generally as cockroaches, and saying where there is one bad loan, there are probably others), and consumers are indeed stretched far right now. Credit card and mortgage past dues are evidence of that being true. But this problem isn't a problem of woke lending, its a problem of consumers broadly speaking overspending and over consuming.

It can be both.

Posted by: Archimedes at October 17, 2025 11:30 AM (Riz8t)

105 More like tallest smurf. I think the big banks are essentially on autopilot and any idiot could be CEO. They are the essential lifeblood of the country -- as much as I despise them -- because literally nothing gets done without them. Being CEO of a big bank is like being CEO of oxygen.
Posted by: Elric The Blade at October 17, 2025 11:27 AM (iFTx/)

Bankers are like whores in eastern European brothels.

The ones without teeth give the best blowjobs, but they're all filled with pus. Even the young ones.

Good luck finding the best of them.

Posted by: BurtTC at October 17, 2025 11:31 AM (dGCAG)

106 Who do they trust?
Posted by: TheJamesMadison
========
I think the future of the Democrat party is outright socialism advocacy perhaps with a figleaf like Labour used for decades. Then the internal party fight will between socialism in one country or globalist socialism. Gimmedats versus essentially communism redux.

Posted by: whig at October 17, 2025 11:31 AM (WDjG6)

107 Where did one and two thirds bank come from anyway? I see them everywhere now.

Posted by: banana Dream at October 17, 2025 11:31 AM (XTECK)

108 Also...the expectation that H1-Bs will be sponsored for green cards doesn't make the H1-B visa any less temporary.

It's not part of the H1-B visa to get a green card. That's a separate process.

The H1-B visa is temporary by definition. 6 years max.

30 year loans...subsidized by the American taxpayer?

Why?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:31 AM (GBKbO)

109 We put ourselves into the same position that Japan was in the 1930s. They were importing all sorts of stuff they couldn't get in the home islands and went into China to exploit the resources there. When we shut off the oil that was pretty much it for them. They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.

Soooo...what you're saying is that we should bomb Pearl Harbor?

Posted by: Archimedes at October 17, 2025 11:32 AM (Riz8t)

110 Meanwhile he's buying a $23 million dollar estate in California with his money while his company is drowning in the red.


lol I personally know CEOs exactly like this

they must have all planned this out at Park City a decade or so back

Posted by: BlackOrchid at October 17, 2025 11:32 AM (emBoF)

111 106 Who do they trust?
Posted by: TheJamesMadison
========
I think the future of the Democrat party is outright socialism advocacy perhaps with a figleaf like Labour used for decades. Then the internal party fight will between socialism in one country or globalist socialism. Gimmedats versus essentially communism redux.
Posted by: whig at October 17, 2025 11:31 AM (WDjG6)

=======

There is no indication that Democrats will moderate at all, and they seem to be on the path to mimic the steady erosion that the Italian Democrat Party is in the middle of.

With massively reduced representation since 2000, the Italian Democrat Party will not let go of advocating for open borders and has become increasingly wedded to the idea despite their electoral situation.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:32 AM (GBKbO)

112 30 year loans...subsidized by the American taxpayer?

Why?


RACIST!!!

Posted by: BlackOrchid at October 17, 2025 11:33 AM (emBoF)

113
Yeah, but why is the American taxpayer subsidizing them?


The real answer is Dem politicians want their votes, and Dem government workers want to grift off these programs

Posted by: 18-1 at October 17, 2025 11:33 AM (sKqQm)

114 They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.
Posted by: Mister Scott

You can't run tanks on soy sauce?

Posted by: Kikkoman Industries at October 17, 2025 11:33 AM (oftw2)

115 And they didn't require real insurance when they sold cars. They would get their clients a 30 day minimum policy so they could get the car registered and then they never renewed it. They were all over the DFW metroplex.
Posted by: Mister Scott (Formerly GWS) at October 17, 2025 11:08 AM (0N4FZ)

Very few illegals carried insurance throughout any given year. Only in the months they bought the vehicle and the month they needed to renew registration. This happened everywhere.

Posted by: Dr. Pork Chops & Bacons at October 17, 2025 11:34 AM (g8Ew8)

116
Soooo...what you're saying is that we should bomb Pearl Harbor?
Posted by: Archimedes at October 17, 2025 11:32 AM (Riz8t)



Who do you think we are? Germans?

Posted by: IllTemperedCur at October 17, 2025 11:34 AM (y9nCu)

117 Where did one and two thirds bank come from anyway? I see them everywhere now.

Posted by: banana Dream at October 17, 2025 11:31 AM (XTECK)

The corner of 5th and 3rd.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:34 AM (i24o9)

118 We put ourselves into the same position that Japan was in the 1930s. They were importing all sorts of stuff they couldn't get in the home islands and went into China to exploit the resources there. When we shut off the oil that was pretty much it for them. They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.

Soooo...what you're saying is that we should bomb Pearl Harbor?
Posted by: Archimedes at October 17, 2025 11:32 AM (Riz8t)

Just like the Germans!

Posted by: Sentaor Blutarsky, Chairman Energy & Natural Resources Committee at October 17, 2025 11:34 AM (wVcYX)

119 $ 37 Trillion in debt.
How does that work?

It don't!

Posted by: Case at October 17, 2025 11:34 AM (9HFDU)

120 Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:29 AM (i24o9)

The loss is a rounding error.

And the government strong-armed JPM in 2007 to buy Washington Mutual and Bear Stearns.

The facts simply don't bear out your statement.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:34 AM (prspb)

121 I think the future of the Democrat party is outright socialism advocacy perhaps with a figleaf like Labour used for decades. Then the internal party fight will between socialism in one country or globalist socialism. Gimmedats versus essentially communism redux.
Posted by: whig at October 17, 2025 11:31 AM (WDjG6)

=======

There is no indication that Democrats will moderate at all, and they seem to be on the path to mimic the steady erosion that the Italian Democrat Party is in the middle of.

With massively reduced representation since 2000, the Italian Democrat Party will not let go of advocating for open borders and has become increasingly wedded to the idea despite their electoral situation.


Labour in England is a better example. They've gone off the deep end, and I don't think they're coming back from it.

Posted by: Archimedes at October 17, 2025 11:34 AM (Riz8t)

122 Political nuance is learned. One might say Trump "learned" how to be political. I'm not sure every CEO thinking about the proverbial "big chair" can learn politics sufficiently enough to be effective and not a total fuck-up.
Posted by: Martini Farmer

People forget Trump actually ran briefly as Reform Party Candidate in 2000. And his style of property development brought him in contact with people from varying backgrounds that someone like Dimon, Bloomberg, Cuban, or Iger would never see. All they deal with and see are suits all day. Not hardhats, tradesmen, etc. to them, those people are invisible.

Posted by: whig at October 17, 2025 11:34 AM (WDjG6)

123 58
‘ Well, the emergency veterinary clinic place has our cats name as Pynchon’

Our cat is at the vet today too.

Posted by: Dr. Claw at October 17, 2025 11:34 AM (jbnUc)

124 We put ourselves into the same position that Japan was in the 1930s. They were importing all sorts of stuff they couldn't get in the home islands and went into China to exploit the resources there. When we shut off the oil that was pretty much it for them. They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.

Except we have most of those resources if we want to open it up.

Posted by: the way i see it at October 17, 2025 11:35 AM (EYmYM)

125 Labour in England is a better example. They've gone off the deep end, and I don't think they're coming back from it.
Posted by: Archimedes
======
Well Labour UK just hit 15 percent approval in polling which is an all time low.

Posted by: whig at October 17, 2025 11:35 AM (WDjG6)

126 Dimon runs a tight ship. JPMorgan definitely commands a premium among the big banks.

That said, he was also a very willing Epstein banker.

Posted by: Don't blame the alligators at October 17, 2025 11:35 AM (1Nv0l)

127 I'm no fan of JPMC but this whole article way overstates the problem of woke lending standards, imo. Dimon may be right (referring to credit quality issues generally as cockroaches, and saying where there is one bad loan, there are probably others), and consumers are indeed stretched far right now. Credit card and mortgage past dues are evidence of that being true. But this problem isn't a problem of woke lending, its a problem of consumers broadly speaking overspending and over consuming.

It can be both.
Posted by: Archimedes at October 17, 2025 11:30 AM (Riz8t)
______

It's definitely both. Too many people are in too much debt, and that's on them. But it's also too easy to get credit -- especially credit cards -- and the woke and relaxed lending standards are basically like drug dealers pushing more coke on junkies.

Posted by: Elric The Blade at October 17, 2025 11:35 AM (iFTx/)

128 OT but we have a very sad (I think) case here in Philly where a young girl, Kada Scott, was kidnapped leaving her healthcare job in East Falls (I think, around there).

Looks like the perp was a recidivist kidnapper/assaulter that Krasner let free for some ungodly reason.

lovely lady. it's been too long for her to still be alive, most likely.

the pathetic DA's office presser / lame inky article is here (paywalled too, of course, because the inky sucks):

https://tinyurl.com/pz7fzmkz

Posted by: BlackOrchid at October 17, 2025 11:37 AM (emBoF)

129 The problem with Labor in the UK is there is no rightwing party to oppose them, or at least hasn't been.

The people voted out the tories for doing leftwing things...because they are a hard left party...but Labour is even further left.

Posted by: 18-1 at October 17, 2025 11:37 AM (sKqQm)

130 I'm clueless about financial stuff, but if JPM raised rates to cover their losses, then they didn't take a hit. We did.

Posted by: goatexchange at October 17, 2025 11:37 AM (RSCrA)

131 30 year loans...subsidized by the American taxpayer?

Why?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:31 AM (GBKbO)

So California house prices will continue their upward trend for eternity?

Housing prices would drop like a rock if they deported all the illegals and H1-Bs in Cali, probably.

Posted by: SpeakingOf at October 17, 2025 11:37 AM (6ydKt)

132 @82. His political pronouncements are moronic for the most part, but his skill at banking is undeniable.


In 2023, he banded together with Treasury Secretary Janet Yellen to help stabilize the system after the collapse of Silicon Valley Bank. Was that good? 🤷‍♀️

Now I'll shut up. 🤐

Posted by: L - No nic, another fine day at October 17, 2025 11:37 AM (NFX2v)

133 Posted by: Dr. Claw at October 17, 2025 11:34 AM (jbnUc

I hope it's a regularly scheduled checkup or for shots and not an emergency. What is your cats name.

Posted by: FenelonSpoke at October 17, 2025 11:37 AM (4dsHO)

134 can you imagine the 24/7 headlines if the GOP in Congress tried to prevent the Dems from paying the military during a shutdown ?

Posted by: the way i see it at October 17, 2025 11:38 AM (EYmYM)

135 Well Labour UK just hit 15 percent approval in polling which is an all time low.

Posted by: whig at October 17, 2025 11:35 AM (WDjG6)

And the Tories aren't doing any better.
Might be worse polling at this point.

Posted by: SpeakingOf at October 17, 2025 11:38 AM (6ydKt)

136 Or maybe Dimon thinks he is the person who can finally run a successful Independent campaign, achieving what Ross Perot couldn’t.
-------

What Perot did achieve, was the election of Clinton.

Posted by: Mike Hammer, etc., etc. at October 17, 2025 11:38 AM (XeU6L)

137 The loss is a rounding error.

And the government strong-armed JPM in 2007 to buy Washington Mutual and Bear Stearns.

The facts simply don't bear out your statement.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:34 AM (prspb)

lol, you are not entitled to your facts.

JPM may have had to take some parts of BS (I am less clear on that), but JPM was gifted Washington Mutual assets outright (less some nominal "price"), free of most liabilities, in a time when JPM was the most exposed to the derivative risk.

They are literally the inception of the phrase, "too big too fail."

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:38 AM (i24o9)

138 The problem with Labor in the UK is there is no rightwing party to oppose them, or at least hasn't been.

The people voted out the tories for doing leftwing things...because they are a hard left party...but Labour is even further left.


I know there are those here who disagree (cough*they're wrong*cough) but I think Reform WILL be that party. You'd have to be a complete imbecile not to see what the people want, and that if you give it to them, they'll reward you.

Posted by: Archimedes at October 17, 2025 11:39 AM (Riz8t)

139 95
‘ Yeah, but why is the American taxpayer subsidizing them?’

The ‘Rats steal all the money they spend from the American people. Did you think they would pay for it themselves?

Posted by: Dr. Claw at October 17, 2025 11:39 AM (jbnUc)

140 Thx Buck.
I wonder if the Biden crime family got their 10% for the certification

Posted by: Smell the Glove at October 17, 2025 11:39 AM (yUhFq)

141 Yeah, but why is the American taxpayer subsidizing them?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:28 AM (GBKbO)

Because the politicians get a lot of money from the employers who want them. That's why the govt looked the other way when it came to CDL fraud and illegals

Posted by: night lifted at October 17, 2025 11:39 AM (/YboP)

142 I'm going to be at an event next week that Dimon will be at, I've been in the room with him on other tours, dude defiantly has a masters of the universe air about him.

Posted by: Thomas Bender at October 17, 2025 11:40 AM (jYTNA)

143 Think, think, think.

By investing in Section 8 housing, foreign investors can enter the U.S. real estate market with government-backed stability, as the program offers a secure and steady income stream

Posted by: L - No nic, another fine day at October 17, 2025 11:40 AM (NFX2v)

144 Silicon Valley Bank...

Posted by: L - No nic, another fine day at October 17, 2025 11:37 AM (NFX2v)

I think it should have been allowed to fail.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:40 AM (prspb)

145 Chase pays the worst interest rates of any bank I know. They don't give a crap about the small depositor. And by small I mean under a few million.

Posted by: the way i see it at October 17, 2025 11:40 AM (EYmYM)

146 With massively reduced representation since 2000, the Italian Democrat Party will not let go of advocating for open borders and has become increasingly wedded to the idea despite their electoral situation.
Posted by: TheJamesMadison

Italy, like most of the EU is a welfare state already, so like France, that is off the table as an internal issue. But this has already happened in Denmark, starting to happen in Sweden, etc. is the realization of gimmedat welfare state voters, that they cannot have nice things if the hordes of immigrants keep coming in.

In a stagnant economy like the EU has, politics becomes reductionist--one dollar (franc, euro, etc.) for them means one less dollar for me.

That is why LePen had to be banned as a candidate, she was the nationalist coalition of gimmedats in France likely to swamp the existing globalist political establishment.

Posted by: whig at October 17, 2025 11:40 AM (WDjG6)

147 We put ourselves into the same position that Japan was in the 1930s. They were importing all sorts of stuff they couldn't get in the home islands and went into China to exploit the resources there. When we shut off the oil that was pretty much it for them. They never grabbed enough oil to supply their Army and Navy and were chronically short of gas and oil for the entire war.

Soooo...what you're saying is that we should bomb Pearl Harbor?

Posted by: Archimedes at October 17, 2025 11:32 AM


No that was the Germans.

Posted by: Mister Scott (Formerly GWS) at October 17, 2025 11:41 AM (0N4FZ)

148 139
‘ Posted by: Aliassmithsmith’
You know, every time you comment here another dick just goes unsucked .

Posted by: Dr. Claw at October 17, 2025 11:41 AM (jbnUc)

149 What is going on with MTG? The lefties suddenly love her.

Posted by: Huck Follywood at October 17, 2025 11:41 AM (QH+GP)

150 145. I think it should have been allowed to fail.

Yeah, me too, but I'm not great at tracking banking, financial markets.

Posted by: L - No nic, another fine day at October 17, 2025 11:42 AM (NFX2v)

151 I think it should have been allowed to fail.
Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:40 AM (prspb)

Definitely shouldn't have covered the wealthy depositors over the FDIC insurance. They wouldn't have done it for me.

Posted by: the way i see it at October 17, 2025 11:42 AM (EYmYM)

152 132 @82. His political pronouncements are moronic for the most part, but his skill at banking is undeniable.


In 2023, he banded together with Treasury Secretary Janet Yellen to help stabilize the system after the collapse of Silicon Valley Bank. Was that good? 🤷‍♀️

Now I'll shut up. 🤐

Posted by: L - No nic, another fine day at October 17, 2025 11:37 AM (NFX2v)

It was good. Great bankers - like the namesake of Dimon's current firm - use their reputations and their bank's balance sheets to stop financial panics that could have done far more damage to the system. The gov't partnered with Dimon because he was the best banker around at the time and had the rep to get everyone else to fall in line. Frankly, the country would be better served if more industry leaders stepped up in the same way that Dimon did. And I say this as someone who's REALLY not a fan of his political shape-shifting.

Posted by: Darrell Harris - Je Suis Charlie at October 17, 2025 11:43 AM (0CU3H)

153 Was CDFI one of the enumerated powers in our Constitution? Asking for a friend.

Posted by: Squid at October 17, 2025 11:43 AM (R6ckG)

154 JPM may have had to take some parts of BS (I am less clear on that), but JPM was gifted Washington Mutual assets outright (less some nominal "price"), free of most liabilities, in a time when JPM was the most exposed to the derivative risk.

They are literally the inception of the phrase, "too big too fail."
Posted by: Comrade Flounder, Disinformation Demon

=====

JPM weren't particularly exposed to WaMu derivatives. But it's true that they got a great deal. Problem was, at the time, no-one else was stepping up.

It's like Buffet's $10B into Goldman at the time. Fantastic deal for Buffet. No-one else was there to do it.

Posted by: Don't blame the alligators at October 17, 2025 11:43 AM (1Nv0l)

155
Fuck Jamie Dimon in particular. A 30-year-old foxy entrepreneur with a history of failures tricked him into making a $175mil purchase of fraudulent data that he never bothered to check beforehand, and she's facing sentencing soon.

He mumbled "oopsie," shareholders and account holders paid whatever his fraud insurance didn't (which was also ultimately paid by consumers, one assumes).

To say nothing of how much his clients lost in the Madoff debacle.

Posted by: Blonde Morticia at October 17, 2025 11:43 AM (ldc7S)

156 I don't need a toaster. Maybe a little football clock?
---------------
Always wanted the Sports Illustrated football phone. Never got one, though.

Posted by: Pudinhead at October 17, 2025 11:44 AM (AdHga)

157 What Perot did achieve, was the election of Clinton.
Posted by: Mike Hammer, etc., etc. at October 17, 2025 11:38 AM (XeU6L)

Very much THIS!

Posted by: Dr. Pork Chops & Bacons at October 17, 2025 11:45 AM (g8Ew8)

158 @155 and JPM has to pay that woman's attorney's fees

Posted by: Smell the Glove at October 17, 2025 11:45 AM (yUhFq)

159 133
‘ I hope it's a regularly scheduled checkup or for shots and not an emergency. What is your cats name.’

She’s been having some urinary issues plus she’s old.
Her name is Brooklyn.

Posted by: Dr. Claw at October 17, 2025 11:46 AM (jbnUc)

160 Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:38 AM (i24o9)

The government decided that WM was too big to fail, so they picked up the balance sheet, and put the American taxpayer on the hook for the debts. And you blame the bank that was forced to acquire it?

That is nonsense.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:46 AM (prspb)

161 Speaking Of,

You would be correct. Tories have no answers when Labour accuses them of the problems from illegals. It is just that Labour has no answers to fix the problem either.

Tories at this point resemble the Progressive Conservative Party in Canada and its collapse in the 80's.

But as long as first past the post and single member districts apply, there will be two parties of some sort left standing after the next election. See Duverget's Law.

Posted by: whig at October 17, 2025 11:46 AM (WDjG6)

162 And there is a lady with a dog here and the woman has a coffee mug with "Leftist Tears" on it which she got from the "Daily Wire".

Posted by: FenelonSpoke at October 17, 2025 11:46 AM (4dsHO)

163 What is going on with MTG? The lefties suddenly love her.


==

she is an olde time Southern Democrat at heart ?

Posted by: runner at October 17, 2025 11:46 AM (g47mK)

164 150 What is going on with MTG? The lefties suddenly love her.

Posted by: Huck Follywood at October 17, 2025 11:41 AM (QH+GP)

She disagrees with Trump publicly and she's not a big fan of the Joos, so they feel like she's one of them now.

Posted by: SpeakingOf at October 17, 2025 11:47 AM (6ydKt)

165 FDIC seized Washington Mutual and gifted it to JPM in a prearranged "auction," after JPM was rebuffed in its earlier open market WM purchase attempts.

Subsequently, someone in Schumer's office had legislation written in the TARP bill that retroactively granted JPM (not by name, but by specifically crafted language that fit JPM's gift of WM, immunity from any liability for this government sponsored theft.

When Maria Cantwell, Senator-WA, approached Hank Paulson at the time, he, in so many words, told her that she did not have the political pull to get WM the protection the JPM got, which resulted in the seizure of WM and gift to JPM.

Denninger had written about it at the time, and a woman reporter at the Puget Sound Business Journal (forget her name, Pullitzer nominee for her reporting on it) also wrote extensively about all that was known about the theft. She later went to WSJ.

Be open to your Gell-Mann Amnesia on the topic.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:47 AM (i24o9)

166 164 150 What is going on with MTG? The lefties suddenly love her.

Posted by: Huck Follywood at October 17, 2025 11:41 AM (QH+GP)

She disagrees with Trump publicly and she's not a big fan of the Joos, so they feel like she's one of them now.
Posted by: SpeakingOf at October 17, 2025 11:47 AM (6ydKt)

=======

"But she fights!"
-some people, like, a year ago

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:47 AM (GBKbO)

167 MTG is actually a type of weasel

Posted by: BlackOrchid at October 17, 2025 11:49 AM (emBoF)

168 "Rep. Marjorie Taylor Greene (R-Ga.) is continuing to buck GOP congressional leadership, placing blame on top Republicans Thursday morning for failing to pull the government from its ongoing shutdown."

this is just the latest ....


Posted by: runner at October 17, 2025 11:49 AM (g47mK)

169 156 I don't need a toaster. Maybe a little football clock?
---------------
Always wanted the Sports Illustrated football phone. Never got one, though.
Posted by: Pudinhead

I'd like a Love To The Rescue blanket, but don't have $19 a month right now. Caleb and Alec are transactional fellows.

Posted by: Very Fixed Income at October 17, 2025 11:49 AM (oftw2)

170 yum yum shit
yummy shit pebbles
in my mouth

Posted by: Aliassmithsmith at October 17, 2025 11:39 AM (5/Rnq)



LPCs. There's a McDs within walking distance of virtually every home in the US. Better yet, these fat fucks can just take their EBT card to the grocery store rather than the McDs drive thru.

Posted by: IllTemperedCur at October 17, 2025 11:49 AM (y9nCu)

171 Fuck Jamie Dimon in particular. A 30-year-old foxy entrepreneur with a history of failures tricked him into making a $175mil purchase of fraudulent data that he never bothered to check beforehand, and she's facing sentencing soon.

He mumbled "oopsie," shareholders and account holders paid whatever his fraud insurance didn't (which was also ultimately paid by consumers, one assumes).

To say nothing of how much his clients lost in the Madoff debacle.

Posted by: Blonde Morticia at October 17, 2025 11:43 AM (ldc7S)


Was that the woman who had a big idea about a website to help students get loans, then sold out to big banks when they thought she had something?

Turns out she had a bunch of fake data on all the fake customers she signed up.

Posted by: SpeakingOf at October 17, 2025 11:50 AM (6ydKt)

172 What is going on with MTG? The lefties suddenly love her......

She's a fellow nut. Ever since they booted out her boyfriend McCarthy she has become even nuttier and full of revenge.

Posted by: the way i see it at October 17, 2025 11:50 AM (EYmYM)

173 168 "Rep. Marjorie Taylor Greene (R-Ga.) is continuing to buck GOP congressional leadership, placing blame on top Republicans Thursday morning for failing to pull the government from its ongoing shutdown."


Not helpful.. She can F Off

Posted by: It's me donna at October 17, 2025 11:50 AM (VE6XX)

174 she is also all in on extending Obamacare subsidies to illegals

Posted by: runner at October 17, 2025 11:50 AM (g47mK)

175 I'm late to comment as always--but re the knife vs gun fight: my twin brother actually faced that in VietNam. In his jeep, empty weapon beside him but it had a bayonet, when a VietCong popped up ready to shoot. He had to head straight at the guy while trying to unscrew his bayonet in time to throw it.

Here's how close it was: the knife hit as the guy was firing. The bullet landed on the jeep seat between my brother's legs.

He kept it with him the rest of his life.

Posted by: Wenda at October 17, 2025 11:50 AM (7IeTt)

176

Has anyone seen the news about a hamas guy living in Louisiana? He has been arrested. He entered here on a tourist visa in 2024. Apparently he was involved in the October attack in Israel.

Posted by: fourseasons at October 17, 2025 11:51 AM (3ek7K)

177 106
‘ I think the future of the Democrat party is outright socialism advocacy perhaps with a figleaf like Labour used for decades. ’

The future of the democrat party is blacks, foreigners and white communists.

Posted by: Dr. Claw at October 17, 2025 11:51 AM (jbnUc)

178 You know, every time you comment here another dick just goes unsucked .
Posted by: Dr. Claw at October 17, 2025 11:41 AM (jbnUc)

I wouldn't be too sure about that

Posted by: ... at October 17, 2025 11:52 AM (6sd+t)

179 What is going on with MTG?

follow the money

either that or menopausal hormonal crashing out in effect

Posted by: kallisto at October 17, 2025 11:52 AM (dCxaZ)

180 The government decided that WM was too big to fail, so they picked up the balance sheet, and put the American taxpayer on the hook for the debts. And you blame the bank that was forced to acquire it?

That is nonsense.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 11:46 AM (prspb)

What is nonsense is that you accept what you were told in the popular press. The shareholders shouldered the burden of the liabilities in the bankruptcy, with the note holders bearing some burden.

What is your evidence that JPM was forced to acquire WM, and what is your understanding of what JPM did acquire?

You are way out over the limb here.

Be open to the fact that you are ignorant of a large amount of goings on both publicly and behind that scenes that were revealed over the three or so years of the bankruptcy case and that the story is more than just the headlines that you may have read during an admittedly overwhelming time.

I am giving you a graceful exit here.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:52 AM (i24o9)

181 I was mistaken earlier; Dimon was involved in the First Republic Bank rescue, not Silicon Valley Bank. That was all the feds on that one.

Posted by: Darrell Harris at October 17, 2025 11:52 AM (rjGpd)

182 163 What is going on with MTG? The lefties suddenly love her.
=======

Thwarted ambition. MTG was told off by teh state GOP that they neither wanted or desired her to run for GA governor or senator in 2026. Her pathway to power in Congress ended with her patron Kevin McCarthy out of power. And her subsequent pissing off Mike Johnson means she is on the outs there too.

So she decided to become a bombthrower like Massie. My guess is that she will face an establishment GOP opponent in the primary next spring.

Posted by: whig at October 17, 2025 11:52 AM (WDjG6)

183 The future of the democrat party is blacks, foreigners and white communists.
Posted by: Dr. Claw at October 17, 2025 11:51 AM (jbnUc)

The future of the Democrat Party is Islam.

Posted by: ... at October 17, 2025 11:52 AM (6sd+t)

184 “When you see one cockroach, there are probably more,”

-
That's racist!

Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 11:52 AM (ExORx)

185 Has anyone seen the news about a hamas guy living in Louisiana? He has been arrested. He entered here on a tourist visa in 2024. Apparently he was involved in the October attack in Israel.


oh good. I only saw the Mossad parody X account mentioning this. piece of scum. hopefully he's with the actual Mossad now (and not still here!)

Posted by: BlackOrchid at October 17, 2025 11:52 AM (emBoF)

186 But as long as first past the post and single member districts apply, there will be two parties of some sort left standing after the next election. See Duverget's Law.

Posted by: whig at October 17, 2025 11:46 AM (WDjG6)

--- ---

By the looks of the polls I saw a few weeks back it will likely be Liberal-Democrats as opposition with Reform over 300 seats.

Labour and Tories are going to get killed next election if something doesn't change the trajectory.

Posted by: SpeakingOf at October 17, 2025 11:53 AM (6ydKt)

187 @177 I think that's also the present

Posted by: Smell the Glove at October 17, 2025 11:53 AM (yUhFq)

188 So...have I got this right?
Come here illegally.
Get a job.
Secure a FHA loan for a house.
Hide out in said house for a few years.
Take out an equity loan.
Get a free thousand bucks from the government and a free ticket home.
Rinse and repeat.

Posted by: Diogenes at October 17, 2025 11:53 AM (2WIwB)

189 Ever notice how these shitty high profile CEOs never retire?

Posted by: Field Marshal Zhukov at October 17, 2025 11:53 AM (wBaIH)

190 Reading the recap of the recent debates with the Dems it seems they are all running against Trump....Trump this Trump King... They don't want to talk about what they will do.. It's all Trump is a Nazi....

Posted by: It's me donna at October 17, 2025 11:53 AM (VE6XX)

191 186 By the looks of the polls I saw a few weeks back it will likely be Liberal-Democrats as opposition with Reform over 300 seats.

Labour and Tories are going to get killed next election if something doesn't change the trajectory.
Posted by: SpeakingOf at October 17, 2025 11:53 AM (6ydKt)

======

Four years is a long time to bring in 10 million new voters.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:53 AM (GBKbO)

192 > What is going on with MTG? The lefties suddenly love her......
-------
Probably got bumped at the grifting table. You can tell who thinks they're not "being respected" enough just by their behavior.

I always thought she did nothing more than run her mouth and put out "mean tweets."

Posted by: Martini Farmer at October 17, 2025 11:53 AM (Q4IgG)

193 And the idea that WM was too big to fail and that the government forced them to fail so they wouldn't fail is nonsensical on its face.

Stop sucking JD's man meat. The guy is a first class corruptocrat.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:53 AM (i24o9)

194 Regarding MTG, republican politicians, in the main, are unreliable lunatics and grifters.

As the saying goes, put not your faith in earthly Kings or Queens.

Except Trump, there is no alternative to Le Gran Orange.

Posted by: Thomas Bender at October 17, 2025 11:54 AM (jYTNA)

195 Turns out she had a bunch of fake data on all the fake customers she signed up.

similar to the attorneys currently facing sanctions because they are using AI generated cites in their briefs. Which are turning out to be fraudulent

Posted by: kallisto at October 17, 2025 11:54 AM (dCxaZ)

196 Post of the year, Buckster!! We are an informed lot and had no idea...

Folks... All of you wonderful Morons out there... Please remember what Trump is up against before you develop any frustration with him.

Posted by: Danimal28 at October 17, 2025 11:54 AM (mNOhh)

197 MTG is literally nuts. Always has been.

Posted by: the way i see it at October 17, 2025 11:54 AM (EYmYM)

198 197 MTG is literally nuts. Always has been.
---------------
Never f crazy. Mmmkay?

Posted by: Pudinhead at October 17, 2025 11:55 AM (AdHga)

199 "But she fights!"
-some people, like, a year ago
Posted by: TheJamesMadison
========
And she did. Now she is fighting her own party on obscure goals likely to lead to electoral defeat.

Mace at least had the smarts to go for governor. MTG did not have that option in the buttondown GOP GA establishment nor to run for Senate either.

Posted by: whig at October 17, 2025 11:55 AM (WDjG6)

200 I don't need a toaster. Maybe a little football clock?
---------------
Always wanted the Sports Illustrated football phone. Never got one, though.
Posted by: Pudinhead at October 17, 2025 11:44 AM (AdHga)

I had one, I was a regular subscriber for years.

It may shock you to hear this, but... it was a cheap piece of crap.

Posted by: BurtTC at October 17, 2025 11:56 AM (dGCAG)

201 If I go to the No Kings Rally will the FBI throw me in prison?

Posted by: Pudinhead at October 17, 2025 11:56 AM (AdHga)

202 198 197 MTG is literally nuts. Always has been.

She's begging to be primaried

Posted by: It's me donna at October 17, 2025 11:56 AM (VE6XX)

203 JPM weren't particularly exposed to WaMu derivatives.

Posted by: Don't blame the alligators at October 17, 2025 11:43 AM (1Nv0l)

They weren't but they had their own. And after the seizure, the were gifted bank assets free of the non-performing and risky assets. The idea that JPM took the brunt of WM risk is laughable and provably wrong.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 11:56 AM (i24o9)

204 Posted by: Thomas Bender at October 17, 2025 11:54 AM (jYTNA)

disagree they are in the main. They are just infiltrators whose masks eventually come off.

Posted by: the way i see it at October 17, 2025 11:56 AM (EYmYM)

205 >>Has anyone seen the news about a hamas guy living in Louisiana? He has been arrested. He entered here on a tourist visa in 2024. Apparently he was involved in the October attack in Israel.

Mahmoud Amin Ya'qub Al-Muhtadi.

Needs a few more Mahmouds in there.

Posted by: one hour sober at October 17, 2025 11:56 AM (Y1sOo)

206
Has anyone seen the news about a hamas guy living in Louisiana? He has been arrested. He entered here on a tourist visa in 2024. Apparently he was involved in the October attack in Israel.

Posted by: fourseasons at October 17, 2025 11:51 AM (3ek7K)

this one ?

"Mr. al-Muhtadi entered the United States through Dallas-Fort Worth International Airport on Sept. 12, 2024, the complaint added, citing Customs and Border Protection records.

The complaint said that Mr. al-Muhtadi resided in Tulsa, Okla., as of May 2025. There, he posted photographs of himself and his children posing with a Glock pistol, the complaint said. In June, F.B.I. agents located him in Lafayette, La., where he appeared to be working at a restaurant, according to the complaint."

just another Oklahoma dad....

Posted by: runner at October 17, 2025 11:57 AM (g47mK)

207 Crazy politicians. Hmm what a novel idea....

Posted by: Netflix at October 17, 2025 11:57 AM (+Wwxm)

208 Jamie Dimon may be smarter than Newsome or Kamala, but his priorities are the same: do whatever is necessary to gain more money/.

Posted by: Gailmac at October 17, 2025 11:57 AM (OmWnT)

209 Here's how close it was: the knife hit as the guy was firing. The bullet landed on the jeep seat between my brother's legs.

He kept it with him the rest of his life.
Posted by: Wenda at October 17, 2025 11:50 AM (7IeTt)

Which one? The knife, the bullet, or the jeep seat?

Posted by: Dr. Pork Chops & Bacons at October 17, 2025 11:57 AM (g8Ew8)

210 197 MTG is literally nuts. Always has been.
Posted by: the way i see it

Hold my chardonnay!

Posted by: Nancy Grace at October 17, 2025 11:57 AM (oftw2)

211
If I go to the No Kings Rally will the FBI throw me in prison?
Posted by: Pudinhead at October 17, 2025 11:56 AM (AdHga)



Hell no, they'll be there handing out Whole Foods gift cards.

Posted by: IllTemperedCur at October 17, 2025 11:57 AM (y9nCu)

212 It may shock you to hear this, but... it was a cheap piece of crap.
-----------------
My FIL had one and I did indeed discover it was a cheap piece of crap. But, sometimes, a cheap piece of crap or ass is what your little head wants.

Posted by: Pudinhead at October 17, 2025 11:57 AM (AdHga)

213 Desperate GOP congresswomen. Coming soon!!!

Posted by: Netflix at October 17, 2025 11:58 AM (+Wwxm)

214 I don't need a toaster. Maybe a little football clock?
---------------
Always wanted the Sports Illustrated football phone. Never got one, though.
Posted by: Pudinhead at October 17, 2025 11:44 AM (AdHga)

I had one, I was a regular subscriber for years.

It may shock you to hear this, but... it was a cheap piece of crap.
Posted by: BurtTC at October 17, 2025 11:56 AM (dGCAG)

I was a subscriber in high school. The swimsuit issue allowed me to forgive a multitude of sins on their part

Posted by: LinusVanPelt at October 17, 2025 11:59 AM (P/Wjn)

215 Four years is a long time to bring in 10 million new voters.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 11:53 AM (GBKbO)

Starmer may not have until '28.

There are already rumblings about replacing him, and who knows what will happen after Labour picks a new leader.

They don't have a great bench so his replacement will probably poll lower then Keir.

Posted by: SpeakingOf at October 17, 2025 11:59 AM (6ydKt)

216 MTG is literally nuts. Always has been.
Posted by: the way i see it at October 17, 2025 11:54 AM (EYmYM)

Mike Johnson is "fighting for" the status quo, and he's in this fake government shutdown nonsense with Democrats who want just a teensy weensy bit more.

In the end, he will give them some of what they want, and everyone here will crow at what a triumph it is.

Meanwhile, MTG and others will be talking about what a charade it is, and for that, they'll be called crazy.

That, and her refusal to support Israel. That's the real crime.

Posted by: BurtTC at October 17, 2025 11:59 AM (dGCAG)

217 oops.. '29. ^^^

Posted by: SpeakingOf at October 17, 2025 11:59 AM (6ydKt)

218 it's a long way to go for a dishwasher job, Tulsa to Lafayette is over 1700K miles

Posted by: runner at October 17, 2025 11:59 AM (g47mK)

219 MTG is literally nuts. Always has been.
Posted by: the way i see it

I see MTG as a female Alex Jones.

Posted by: the way i see it at October 17, 2025 11:59 AM (EYmYM)

220 If I go to the No Kings Rally will the FBI throw me in prison?
Posted by: Pudinhead at October 17, 2025 11:56 AM (AdHga)


Not if you stay between the velvet ropes.

Posted by: Diogenes at October 17, 2025 11:59 AM (2WIwB)

221 215 Starmer may not have until '28.

There are already rumblings about replacing him, and who knows what will happen after Labour picks a new leader.

They don't have a great bench so his replacement will probably poll lower then Keir.
Posted by: SpeakingOf at October 17, 2025 11:59 AM (6ydKt)

======

Starmer is a figurehead. The party is packed with radicals.

Starmer doesn't matter. What matters is that Labour wants to unwhite Britain. Polling doesn't matter. Unwhiting Britain matters.

And they have 4 years to do it.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:00 PM (GBKbO)

222 Leavitt: "The Democrat Party's main constituency is made up of Hamas terrorists, illegal aliens, and violent criminals."

-
And the AWFLs who love them. But she made Extreme Hakeem big mad.

Jeffries says that @PressSec is "sick, out of control, demented, and ignorant" for saying that Democrats love illegals and violent criminals.

Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 12:00 PM (ExORx)

223 Four years is a long time to bring in 10 million new voters.
Posted by: TheJamesMadison
=======
I don't think the fabric of the country can stand that. The point to boiling the frog is to do it slowly. Tories and now Labour turned the heat up to maximum and now UK is facing severe financial indigestion from it and their other idiotic plans like Net Zero.

Same as Euroland. Impoverishing the existing populace for invaders while making life worse every day for natives is not likely to have a peaceful resolution via normal politics.

Posted by: whig at October 17, 2025 12:00 PM (WDjG6)

224 There was a myth busters where they "disproved" the first sword to strike loses scenario. The way they "disproved" it was by having two clueless white belts whack away at each other. Yes, when two people who have no clue what they are doing handle Japanese swords the Mythbusters are correct. At the start of the show they had a Japanese swordsman trying to show them how to properly handle swords. Neither of them listened to what he said, and when they started whacking away, the Japanese Eye Roll he gave them as he walked away, was classic.

Posted by: An Observation sez Trump is my President at October 17, 2025 12:01 PM (Da7Vv)

225 Jamie Dimon may be smarter than Newsome or Kamala, but his priorities are the same: do whatever is necessary to gain more money/.

Posted by: Gailmac at October 17, 2025 11:57 AM (OmWnT)

That I could respect, if it were on a level playing field, and shrewdness and calculated risk taking were the sources of your reward, as some like to falsely attribute to JD. The guy is straight up corrupt.

People lost their life-savings, their homes, their families, and in some cases their lives from suicide as a result of JD's shrewd "purchase" of WM.

It's a fetid fairy tale that JD is some wise titan of industry.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:01 PM (i24o9)

226 Be open to your Gell-Mann Amnesia on the topic.
Posted by: Comrade Flounder, Disinformation Demon

====

Embrace the healing power of facts. JPM got immunity for prior wrongdoing at WaMu in the purchase agreement with the FDIC. This was subsequently litigated out the wazoo, and upheld.

Posted by: Don't blame the alligators at October 17, 2025 12:01 PM (1Nv0l)

227 Just want to clarify though that Alex Jones got the biggest screwing ever with the Sandyhook verdict. Even more so than Trump and the crazy lady and Rudy in Georgia.

Posted by: the way i see it at October 17, 2025 12:02 PM (EYmYM)

228 Same as Euroland. Impoverishing the existing populace for invaders while making life worse every day for natives is not likely to have a peaceful resolution via normal politics.

In the old days politicians were afraid of getting booted out of office if they lowered the quality of life of their constituents.

Now they openly campaign on it and somehow when the votes are counted they still win...

Posted by: 18-1 at October 17, 2025 12:02 PM (sKqQm)

229 223 I don't think the fabric of the country can stand that. The point to boiling the frog is to do it slowly. Tories and now Labour turned the heat up to maximum and now UK is facing severe financial indigestion from it and their other idiotic plans like Net Zero.

Same as Euroland. Impoverishing the existing populace for invaders while making life worse every day for natives is not likely to have a peaceful resolution via normal politics.
Posted by: whig at October 17, 2025 12:00 PM (WDjG6)

=======

Do you think Labour cares about the financial stresses of bringing in a new voting class to punish the whites of Britain for being white?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:02 PM (GBKbO)

230 Embrace the healing power of facts. JPM got immunity for prior wrongdoing at WaMu in the purchase agreement with the FDIC. This was subsequently litigated out the wazoo, and upheld.

Posted by: Don't blame the alligators at October 17, 2025 12:01 PM (1Nv0l)

I would invite you to do the same. Yes it was litigated and upheld. Yes there is legislation that was inserted into TARP, must pass legislation, that granted them immunity retroactively, which would cover any bad, underhanded dealing in the inception of the FDIC seizure and "sale" to JPM.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:03 PM (i24o9)

231 Are the bastards who got fired en masse also part of the illegal stay put in place by the Obama-cock-sucking federal judge?

Asking for 300 million friends.

Posted by: Tex Lovera at October 17, 2025 12:03 PM (wtvvX)

232 Just want to clarify though that Alex Jones got the biggest screwing ever with the Sandyhook verdict. Even more so than Trump and the crazy lady and Rudy in Georgia.

The standard that opened up is a large one...to this point the right hasn't tried to take advantage of it which is disappointing.

Every time a media figure claims some event was a false flag they should be getting sued now

Posted by: 18-1 at October 17, 2025 12:03 PM (sKqQm)

233 People lost their life-savings, their homes, their families, and in some cases their lives from suicide as a result of JD's shrewd "purchase" of WM.

It's a fetid fairy tale that JD is some wise titan of industry.
Posted by: Comrade Flounder, Disinformation Demon

========

What are you talking about? WaMu depositors were made whole. Yeah, plenty of people lost their life savings at the time because they over-invested in their own home with loans they couldn't afford. But that had nothing to do with JPM buying WaMu.

Posted by: Don't blame the alligators at October 17, 2025 12:04 PM (1Nv0l)

234 No memtion of Merrill Lynch and Countrywide being jammed down the throat of Bank of America?

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:04 PM (XeU6L)

235 somehow when the votes are counted they still win..."

Ahem. That's how it works. Counting matters.

Posted by: man at October 17, 2025 12:04 PM (tubbA)

236 Do you think Labour cares about the financial stresses of bringing in a new voting class to punish the whites of Britain for being white?
Posted by: TheJamesMadison
=====
Boiling the frog too quickly is likely to implode the British fisc and already people are unhappy over soaring energy costs, less gimmedats, privileging new arrivals for govt cheese like NHS and housing while denying the native population.

What people plan and what people can achieve are two different things. No plan survives contact with reality. Even Lenin was forced to adopt the New Economic policy when his idiotic ideas of the economy were exposed.

We forget that sometimes.

Posted by: whig at October 17, 2025 12:05 PM (WDjG6)

237 . Yes there is legislation that was inserted into TARP, must pass legislation, that granted them immunity retroactively, which would cover any bad, underhanded dealing in the inception of the FDIC seizure and "sale" to JPM.
Posted by: Comrade Flounder, Disinformation Demon

======

Quote it. The subsequent court cases were all about the purchase agreement with FDIC, so color me skeptical that the TARP legislation was some crooked deal that made the whole thing possible.

Posted by: Don't blame the alligators at October 17, 2025 12:06 PM (1Nv0l)

238 Starmer is a figurehead. The party is packed with radicals.

Starmer doesn't matter. What matters is that Labour wants to unwhite Britain. Polling doesn't matter. Unwhiting Britain matters.

And they have 4 years to do it.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:00 PM (GBKbO)


Their problem is the white English see all of that, and everything is going sideways.

If they have to go to the IMF for a loan, among all the other problems getting worse, I think all hell will break loose and an early election will be called.

I'll hope for that at least, for the UK's sake.

Posted by: SpeakingOf at October 17, 2025 12:06 PM (6ydKt)

239 216
‘ That's the real crime.’

(BurtTC has a crush on MTG. Files fact away for future entertainment value)

Posted by: Dr. Claw at October 17, 2025 12:06 PM (jbnUc)

240 If I go to the No Kings Rally will the FBI throw me in prison?
Posted by: Pudinhead
------

A preprinted 'No Kings' sign is a free pass.

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:06 PM (XeU6L)

241 Do you think Labour cares about the financial stresses of bringing in a new voting class to punish the whites of Britain for being white?
Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:02 PM (GBKbO)

I don't get the impression the Tories care either.

Like the GOP/Dems, I get the sense that Tories and Labour have become a uniparty.

Posted by: guy in a Rock/Band t-shirt with a skateboard who just needs directions at October 17, 2025 12:07 PM (ikyYz)

242 Schism!

Anglican Church officially splits over new female Archbishop of Canterbury

-
I guess it's between the Christ worshippers and the Satan worshippers.

Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 12:07 PM (ExORx)

243 238 Their problem is the white English see all of that, and everything is going sideways.

If they have to go to the IMF for a loan, among all the other problems getting worse, I think all hell will break loose and an early election will be called.

I'll hope for that at least, for the UK's sake.
Posted by: SpeakingOf at October 17, 2025 12:06 PM (6ydKt)

=======

There is no political solution to this that leads to good results within 4 years. The best hope, politically, is that Labour slows down enough to leave something to save.

Outside of that...extralegal and extrapolitical means are necessary.

England needs a real revolution (which hopefully includes deposing the monarchy, to be honest). I just don't think it's in their character.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:07 PM (GBKbO)

244 Money center banks such as JPMorgan had securitized about $2 billion of Tricolor’s very high risk loans. These securities (which are now nearly worthless) are much like the bundled, sub-prime mortgages from the 2008 financial crisis.

• JPMorgan and Fifth Third Bank also had outstanding lines of credit to Tricolor.

So when do the banking giants finally get prosecuted as criminal enterprises? How much more mail and wire fraud do they have to commit?

Posted by: Purely rhetorical. They'll never face consequences. at October 17, 2025 12:08 PM (TbWk/)

245 In the old days politicians were afraid of getting booted out of office if they lowered the quality of life of their constituents.

Now they openly campaign on it and somehow when the votes are counted they still win...
Posted by: 18-1
======
And that is the stuff that revolutions are made of.

We see this dynamic in third world countries with the same results over and over again--when the political system fails to adapt to realities on the ground--it and the elites that promoted it are kicked out-sometimes nicely (People Power in the PI) sometimes bloodily.

When ordinary politics no longer lets off the steam by resolving conflicts, then you get politics by other means.

Posted by: whig at October 17, 2025 12:08 PM (WDjG6)

246 What are you talking about?

Posted by: Don't blame the alligators at October 17, 2025 12:04 PM (1Nv0l)

All employees with stock in the company as party of their employee compensation or retirement when common stock was wiped out in the FDIC seizure and gift of WM assets to JPM, when WM filed for bankruptcy protection the next day.

Depositors deposits were protected, which is the purpose of FDIC insurance, up to the insured amounts.

You may have inadvertently hit on one purpose of the seizure, however, and that was to prevent a run on deposits. Everyone was freaking out at the time.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:08 PM (i24o9)

247 216 Meanwhile, MTG and others will be talking about what a charade it is, and for that, they'll be called crazy.

That, and her refusal to support Israel. That's the real crime.
Posted by: BurtTC at October 17, 2025 11:59 AM (dGCAG)

=======

You mean her insistence on passing the extra COVID era ACA subsidies as part of the CR?

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:08 PM (GBKbO)

248 Like the GOP/Dems, I get the sense that Tories and Labour have become a uniparty.
Posted by: guy in a Rock/Band
======
Opinion polls suggest Britons agree with you.

Posted by: whig at October 17, 2025 12:09 PM (WDjG6)

249 Schism!

Anglican Church officially splits over new female Archbishop of Canterbury


they have been splitting for a long time

the Asian and African bishops formed their own Anglican offshoot, can't recall the acronym for it though. They are not down with the woketardedness of it all

Posted by: kallisto at October 17, 2025 12:09 PM (dCxaZ)

250 234 No memtion of Merrill Lynch and Countrywide being jammed down the throat of Bank of America?

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:04 PM (XeU6L)

And Wachovia getting gobbled up by Wells Fargo.

Posted by: SpeakingOf at October 17, 2025 12:09 PM (6ydKt)

251 So when do the banking giants finally get prosecuted as criminal enterprises? How much more mail and wire fraud do they have to commit?

Posted by: Purely rhetorical. They'll never face consequences. at October 17, 2025 12:08 PM (TbWk/)

They are politically protected.

Privatize profits, publicize risk is real, and it is spectacular, if you can get it.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:10 PM (i24o9)

252 You mean her insistence on passing the extra COVID era ACA subsidies as part of the CR?

this is where the Follow the Money part applies

Posted by: kallisto at October 17, 2025 12:10 PM (dCxaZ)

253 Burt's doing his contrarian shtick again, I see.

Posted by: one hour sober at October 17, 2025 12:10 PM (Y1sOo)

254 236 Lenin's New Economic policy was a time of happiness and modest wealth for the average Russian/Soviet citizen. But Commies have to commie and the best thing is for all (except for very top dogs) to suffer.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at October 17, 2025 12:10 PM (gm9Sb)

255 > Every time a media figure claims some event was a false flag they should be getting sued now
--------
Trump should have a legal team devoted to just this. Every time someone slanders the administration or Trump himself they should be ready with a suit to file.

And a judge.

Probably put out 20 a day.

Posted by: Martini Farmer at October 17, 2025 12:11 PM (Q4IgG)

256 253 Burt's doing his contrarian shtick again, I see.
Posted by: one hour sober at October 17, 2025 12:10 PM (Y1sOo)

Yep... I just ignore

Posted by: It's me donna at October 17, 2025 12:11 PM (VE6XX)

257 MTG isn’t even really that attractive… unlike the other crazy Nancy Mace who’s pretty hot. Neither are up to the level on the hotness scale of Anna Paulina Luna…

Posted by: LinusVanPelt at October 17, 2025 12:11 PM (P/Wjn)

258 MTG has kept herself in shape.

For that alone she's probably in the top 20% of women in her age bracket.

Posted by: 18-1 at October 17, 2025 12:12 PM (sKqQm)

259 149 What is going on with MTG? The lefties suddenly love her.
Posted by: Huck Follywood

ACA, Medicare/Medicaid.

Her children turning 26 will be strapped with very high costs for medical insurance coverage, so she says. She's flipped to supporting the Dems. in that aspect.

Posted by: L - No nic, another fine day at October 17, 2025 12:12 PM (NFX2v)

260 NOOD! Antifa terrorists and Bolton.

Posted by: Moonbeam at October 17, 2025 12:12 PM (rbKZ6)

261 Quote it. The subsequent court cases were all about the purchase agreement with FDIC, so color me skeptical that the TARP legislation was some crooked deal that made the whole thing possible.

Posted by: Don't blame the alligators at October 17, 2025 12:06 PM (1Nv0l)

You can be skeptical. This thread will be done, and you'll have changed your nic by the time I dig it up, unless I get lucky and can find it on my NAS, because search is shit anymore.

Consider leveling your keen powers of skepticism on your implied premise that courts would have judiciously and fairly reached a verdict in a case of relatively powerless (shareholders) against the powerful and politically connected, in view of all that we have seen of courts.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:13 PM (i24o9)

262 208 Jamie Dimon may be smarter than Newsome or Kamala, but his priorities are the same: do whatever is necessary to gain more money/.
____

Who best at sucking cock?

Posted by: Big Mooch at October 17, 2025 12:13 PM (Dv3i1)

263 JPMorgan’s woke, globalist CEO is suddenly talking like an America-first MAGA voter…

Leftists lie. Globo-homo leftists lie and enlist governments to make you pay their lunch bill.

Posted by: weft cut-loop at October 17, 2025 12:13 PM (mlg/3)

264 257
‘Nancy Mace who’s pretty hot. Neither are up to the level on the hotness scale of Anna Paulina Luna‘

I still prefer Nancy for a couple of reasons.

Posted by: Dr. Claw at October 17, 2025 12:13 PM (jbnUc)

265 England needs a real revolution (which hopefully includes deposing the monarchy, to be honest). I just don't think it's in their character.

Posted by: TheJamesMadison, seeing dreamlike horrors with Mario Bava at October 17, 2025 12:07 PM (GBKbO)

Who knows?
You can only push people so much.

I'd say a revolution is in order, too.
But like you, I think the English have been welfare stated into a comfort level they don't want to risk.

They are in a tough spot, like most of Western Europe.

Posted by: SpeakingOf at October 17, 2025 12:13 PM (6ydKt)

266 NOOD! Antifa terrorists and Bolton.

Posted by: Moonbeam at October 17, 2025 12:12 PM (rbKZ6)

lol, like I said:

"This thread will be done, and you'll have changed your nic by the time I dig it up . . . ."

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:13 PM (i24o9)

267 242 Schism!

Anglican Church officially splits over new female Archbishop of Canterbury

-
I guess it's between the Christ worshippers and the Satan worshippers.
Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 12:07 PM (ExORx)

That's an oversimplification. GAFCON doesn't recognize the Archbishop anymore but they split over a whole pack of heresy within the Anglican Church like gay "marriage" ordaining women and also the inerrancy and authority of Scripture as the word of God. Kind of a big deal. I'm frankly surprised they didn't do this sooner.

Posted by: I hope we see more of this at October 17, 2025 12:13 PM (TbWk/)

268 Anna Paulina Luna > Nancy Mace > MTG > AOC > Jamie Dimon > Stacy Abrams

Heterosexual rating scale….

Posted by: LinusVanPelt at October 17, 2025 12:14 PM (P/Wjn)

269 No memtion of Merrill Lynch and Countrywide being jammed down the throat of Bank of America?

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:04 PM (XeU6L)

And Wachovia getting gobbled up by Wells Fargo.

Posted by: SpeakingOf at October 17, 2025 12:09 PM (6ydKt)

Nobody recognizing the irony of the solution to too big to fail was too bigger to more fail?

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:15 PM (i24o9)

270 You may have inadvertently hit on one purpose of the seizure, however, and that was to prevent a run on deposits. Everyone was freaking out at the time.
Posted by: Comrade Flounder, Disinformation Demon

====

Ok, yes. WaMu equity holders etc were wiped out. Trust me, a lot of us were wiped out by the GFC. That's not really on JPM though. As you say, it was all about protecting the deposits, and JPM taking over achieved that very cheaply from a taxpayer perspective.

That it was also a good deal for JPM? Well, that's the bonus of being the guy with cash in a crisis. Same as Buffet and Goldman.

Posted by: Don't blame the alligators at October 17, 2025 12:15 PM (1Nv0l)

271 Jamie Dimon is the most rational of the big bankers. Run from Sachs, no likey.

Posted by: Braenyard - some Absent Friends are more equal than others _ at October 17, 2025 12:15 PM (mKHjI)

272 Past two years, Visa and Mastercard have coughed up almost $36 billion just to settle legal cases documenting their illegal practices.

Time to drop Monopoly Busters.

Posted by: Anna Puma at October 17, 2025 12:15 PM (W8hpb)

273 So when do the banking giants finally get prosecuted as criminal enterprises? How much more mail and wire fraud do they have to commit?

Posted by: Purely rhetorical
---------

It ain't always that way:

"Former Bank of America CEO Ken Lewis testified that federal officials, including former Treasury Secretary Hank Paulson, threatened to remove him and the company's board in 2008 if they did not complete the acquisition of Merrill Lynch."

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:16 PM (XeU6L)

274 257 Best friend of mine in the Corps married a Cuban gal. She could have been Anna Paulina Luna's twin ( so many years ago). Also, I talked to my bud on the phone when Castro went to Hell, and his in laws were having a three day going away party for the bastard. Probably a lot of good sammiches were served. Her uncle was in the Bay of Pigs brigade.

Posted by: bill in arkansas, not gonna comply with nuttin, waiting for the 0300 knock on the door at October 17, 2025 12:16 PM (gm9Sb)

275 A Democrat Revolt Against Hakeem Jeffries Is Brewing

-
I thought utter and complete incompetence was a perfect defense for Democrats.

Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 12:17 PM (ExORx)

276 Outsized legal awards are presumptively unconstitutional. According to the Supreme Court which refused review of the Alex Jones lawsuit award, which was outsized.

Posted by: torabora at October 17, 2025 12:17 PM (lYsuE)

277 They'll replace Jeffries with Doll Eyes Alex.

Posted by: Anna Puma at October 17, 2025 12:18 PM (W8hpb)

278 GAFCON doesn't recognize the Archbishop anymore but they split over a whole pack of heresy within the Anglican Church like gay "marriage" ordaining women and also the inerrancy and authority of Scripture as the word of God.

-
As Martin Luther said, "Nailed it!"

Posted by: Anonosaurus Wrecks, Fat, Dumb, and Happy at October 17, 2025 12:20 PM (ExORx)

279 I thought utter and complete incompetence was a perfect defense for Democrats.
Posted by: Anonosaurus
-----

Well, if it is a cultural trait then it is okay.

Posted by: Mike Hammer, etc., etc. at October 17, 2025 12:20 PM (XeU6L)

280 I always thought she did nothing more than run her mouth and put out "mean tweets."
Posted by: Martini Farmer at October 17, 2025 11:53 AM (Q4IgG)

I'd love to have her run her mouth!

Posted by: BJ Clintoon at October 17, 2025 12:25 PM (5xuJ/)

281 Tricolor sounds like the lesson democrats never learned from the Barney Frank home loan debacle.

Posted by: red speck at October 17, 2025 12:26 PM (0Id0S)

282 276 Outsized legal awards are presumptively unconstitutional. According to the Supreme Court which refused review of the Alex Jones lawsuit award, which was outsized.

Posted by: torabora
------------------

Alex Jones is not on my playlist but the SC court screwed him as royalty as they screwed Trump. No Standing.

Posted by: Braenyard - some Absent Friends are more equal than others _ at October 17, 2025 12:28 PM (mKHjI)

283 Bonus comment: Joey Shitbrains might have caused more damage to this country in 4 years than even Gayfag Lightbringer did in 8. Not joking.

Posted by: Elric The Blade at October 17, 2025 11:17 AM

Joe Biden didn't cause any damage to the country. He was out of commission and a walking vegetable since the summer of 2020.

His Administration was run by Obama and Obama Administration radicals behind the scenes.

Obama and his Administration laid the groundwork from January 2009 to January 2017. Infiltrated every single level of government and every single institution in the country with radicals. They had planned to go full Marxist under Hillary, but because they underestimated Trump, they had to wait until January 2021 before they could execute their plans.

Biden was nothing but a figurehead. The "Biden" Administration could go down as causing the most damage of any in modern US history, but it was not Joe Biden executing it all. It was Obama and his radicals. Obama will go down as having caused -- and still causing -- the most damage to this country.

Posted by: Clyde Shelton at October 17, 2025 12:31 PM (P5BPp)

284 Hundred and seventy mil is nothing for J.P. Morgan
It could have put in the 'Don't Piss Off Joey' column as part of the necessary costs of doing business or in other words, not being under the gun.

Posted by: Braenyard - some Absent Friends are more equal than others _ at October 17, 2025 12:31 PM (mKHjI)

285 Forgot to say, Nice Pic.

Posted by: Braenyard - some Absent Friends are more equal than others _ at October 17, 2025 12:32 PM (mKHjI)

286 Comrade Flounder, Disinformation Demon

Ease up on the free-floating aggression or you are going to get banned.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 12:33 PM (Sziff)

287 Comrade Flounder, Disinformation Demon

Ease up on the free-floating aggression or you are going to get banned.

Posted by: CharlieBrown'sDildo (Flying the American Flag!) at October 17, 2025 12:33 PM (Sziff)

Of course.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:40 PM (i24o9)

288 Did you see Margin Call, Buck? Be first, be smarter or cheat. The financial firm in that movie was simply the first to realize their debt was worthless and they were able to move it before others realized the game was up. There are undoubtedly other Tricolors, and their escapes might be bumpier for the banks and the country.

Posted by: Lex at October 17, 2025 12:41 PM (l5xX+)

289 The lure of easy money has a very strong appeal. Government money is the easiest. Way easier than selling dope.

Posted by: Sports Illustrated PR team at October 17, 2025 12:53 PM (s9EN2)

290 Anyone in the full story behind the seizure and sale of Washington Mutual should look for these articles, as they do the best job of contemporaneous reporting. No idea if these are available online at those sites or at archive.org (I have .pdfs).

Yes, I spoke to Kristen Grind at the time, and I am intimately familiar with all assertions made herein, although I will cop to flagging memory. Her reporting on the topic was Pullitzer nominee material.

The Downfall of Washington Mutual: Inside the frenzied effort to prevent the largest bank failure in U.S. history
Puget Sound Business Journal (Seattle) - by Kirsten Grind Staff Writer, Friday, September 25, 2009

Why Did They Close WaMu? Washington Mutual had enough money to survive. So why did regulators shut the thrift down
in one of the biggest bank takeovers in history? Portfolio.com by Kirsten Grind, PSBJ, December 7, 2009

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 12:53 PM (i24o9)

291 I remember in the 2012 election there was a point about how many Americans are getting money from Uncle Sugar... but it looks like we have an even bigger problem with Uncle Sugar paying to bring foreigners here then handing THEM money

Posted by: 18-1 at October 17, 2025 11:22 AM

So the government is using American taxpayer money to bring aliens to the US to take American jobs and put a strain on all services intended for American citizens. On top of that, the government is using American taxpayer money to allow aliens to buy houses intended for American citizens.

American citizens are therefore paying with their tax dollars for aliens to take their jobs and also prevent them from buying homes. And since the vast majority of these aliens have no interest in assimilating to become Americans, this means American tax dollars are paying for the destruction of the culture and country.

Posted by: Clyde Shelton at October 17, 2025 01:01 PM (P5BPp)

292 I saw Free-Floating Aggression open for Rage Against the Machine at some place and at some time.


As another follow-up, I'll cop to not being able to support with a cite that Schumer's office provided JPM a specific liability carve out in TARP, because I can't find it in retrospect in the TARP legislation, with two disclaimers: 1) My statutory history research skills are not what they once were, and my notes do not have information that I could find that reference such. And, 2) it could have been in other related legislation that I don't have the time or willingness to seek out, since there is no interest in continuing the dialogue, so I'll fairly abandon that premise.

Posted by: Comrade Flounder, Disinformation Demon at October 17, 2025 01:50 PM (i24o9)

293 Defund Usaid Totally by 100% as well as the UN especially the Useless Nations

Posted by: Tamaa the Drongo Bird at October 17, 2025 06:15 PM (wGqjj)

294 My coder is trying to convince me to move to .net from PHP.
I have always disliked the idea because of the expenses. But he's tryiong none the less.
I've been using WordPress on a variety of websites for about a year and am anxious about switching to another platform.
I have heard very good things about blogengine.net. Is
there a way I can import all my wordpress content into it?
Any kind of help would be greatly appreciated!

Posted by: Buy Rivotril at October 18, 2025 07:45 PM (PbKGE)

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