#TheFiatStandard is a real estate scam
1. Destroy money's value
2. People can't save
3. People use their home as savings account
4. Inflation makes nominal house prices go up
5. People think inflation makes them richer
6. People vote for more inflation
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The CEO of StubHub exposed in SEC documents to own a hedge fund thats scalping millions of tickets on StubHub making a fortune
Everything is a scam
“StubHub bills itself as an online marketplace for fans where they can buy and sell tickets, but it turns out that StubHub CEO himself also has a hedge fund that is scalping millions of dollars worth of its own tickets”
“The company went public on the New York Stock Exchange last fall. They had to file documents to the Securities and Exchange Commission, and in those SEC filings, we find some interesting information. The CEO, Eric Baker, actually owns and manages a hedge fund by the name of Andro Capital.
Its business: selling millions of dollars worth of tickets on StubHub — So essentially, StubHub and its CEO are in the business of mass scalping”
Here’s a step by step of how the scam works
- StubHub CEO’s Andro Capital buys large numbers of tickets, sometimes in bulk from primary sellers, other brokers and events
- They then list and sell those same tickets on StubHub at much higher prices
- When fans buy the tickets, Andro makes a profit on the price difference, this is the scalping markup
- StubHub helps them by handling the listing, pricing and delivery of the tickets, sometimes with special arrangements or lower fees for Andro
The result is millions of dollars in ticket sales flow through Andro on StubHub, and the profits go back to the hedge fund that StubHub CEO Baker owns and manages
It means with his big money and influence he can move in early, gets the tickets for events, then mark them and rob everyone blind
Liberals Elites want to decide if you and your family get to be successful in Canada.
They use words like "equity" and "diversity" to sound noble. But, really, they just want to control the distribution of opportunity.
https://t.co/mwhxtZpIoq
We both want bad actors held accountable. The difference is I’m working on solutions, you’re shouting into the void hoping the status quo fixes itself.
Sec. 303 enables new crypto sanctions on Iran.
Sec. 305 lets exchanges stop illicit funds before they reach North Korea.
And this is just one botched story. Apply this observation from Glavin on the graves story across fentanyl, foreign interference, floor crossing coverage, coverage of Polievre, etc. It is ‘PMO influenced coverage,’ it includes PMO freezing out journalists and newsrooms that dig too hard. I have receipts, don’t care that much anymore, not trying to reform, rather out perform. “This is about #journalism. It’s about the collaboration of very powerful, influential, well paid editors and journalists”
"Concert Properties, who created a partnership with Brookfield 15 days before the announcement, will be among the developers from whom the government will be purchasing these condos in the fall."
"These are just facts. They're not presumptions. They're not accusations."
"We want to know whether or not they will be among those who will see their condos bought." @Gab_Hardy
U.S. Charges 'Bishnoi' In Assassination of Hardeep Singh Nijjar, as Sweeping Indictments Expose Indian Crime Syndicates Running Industrial Cartel-Linked Pipelines From LA To Canada https://t.co/MeDybGk4jE
If you think home prices crashing is bad, you have fiat brain. Homes are consumer goods and the cheaper they are the better. You only think of them as an investment asset because your money is broken & you have never known savings.
The Connection That Caused The Carney Condo Bailout? Was It Gregor Robertson?
Was it Gregor's idea to Bailout all the Developers he worked with & knew so well when he was the Mayor of Vancouver?
Because there was no similar Bailout in the GTA
Did Gregor prompt the Bailout?
‘Moral Hazard on Steroids': The Investor Who Called the Big Short Says Carney's Condo Bailout Is Worse Than 2008 Subprime Fiasco https://t.co/SPcLPm0UJI
When a business makes a bad bet, taxpayers shouldn’t be forced to cover the losses.
If these condos aren’t selling, prices should come down until families and young people can afford to buy them. That’s how markets work.
Instead, governments are stepping in to prop up prices and buy unsold condos with taxpayer money.
Young people don’t dream of renting from the government forever. They want the chance to own a home of their own.
It’s almost as if they want us to own nothing and be happy.
ICYMI - “New in-house federal research @csiscanada shows that Canadians see China as a bigger threat than Iran, according to Blacklock’s Reporter.”
https://t.co/uxJE5RY6Ng
‘Moral Hazard on Steroids': The Investor Who Called the Big Short Says Carney's Condo Bailout Is Worse Than 2008 Subprime Fiasco https://t.co/SPcLPm0UJI
So let me get this STRAIGHT
In order to help Canadians
Mark Carney is PUTTING A FLOOR on condo prices
so they CANNOT go any lower
by going on the bid with 3.2B and buying up everything to bail out developers.....with YOUR TAX MONEY!