branchless

> Then later Monday morning, Bank of Montreal revealed that it, too, had received a tip that "fraudsters" had stolen data on up to 50,000 of the bank's customers, "and a threat was made to make it public," BMO spokesperson Paul Gammal said.

> In BMO's case, at least, the tipsters were the hackers themselves.

> "We took steps immediately when the incident occurred and we are confident that exposures identified related to customer data have been closed off," BMO said.

Which "incident"? The theft or the data or being informed they were selling their own ass back to them?

The only fraudsters here are the banks, claiming they are secure.

Will CIBC and BMO be paying higher interest rates for the elevated risk of banking with them?

Bolivar isn't goitto zero.

Bitcoin base value is comedy value .. ok.

Here's my reason for not "investing" (it's no investing, it's speculation):

* bitcoin is not mandated as the sole accepted currency for settling tax in any sovereign state, therefore it can go to zero

You beat me to it. But would they just allow the nid de poules to get bigger!

As is finance. Create wealth, do not appropriate it.

We just had someone leave our company because many people gave the person bad internal reviews because of this crap. And many left before that. You have to be delivering in spades for this to work.

> that price is vastly out of proportion from the cost of providing the software

This is not how prices are set. They are set on the willingness and ability to pay. Water costs nothing to produce but if I have it all you will pay me everything you have.

For example if their main competitor went bust and not a single atom changed inside this company, they could charge you more.

Do they have a monopoly or is it hard to migrate? These are the conversations the people who set the price are having. They are not talking about people being upset if they still pay.

Manufacturing is a waste of time. People don't need real stuff.

Paper wealth is where it's at. Check out the 'growth' in banking:

https://pbs.twimg.com/media/DceTLZ9UQAAr335.jpg:large

"The divergence first emerged in the late 1970s". Hmm.

Does your company have an effective monopoly or is part an oligopoly? Normally companies can run with gross inefficiencies because of lack of competition.

housing is clearly an enormous issue in SV, yours is anecdata.

For one:

http://observer.com/2018/03/silicon-valley-housing-market-dr...

The language laws thing is not a big deal. People just get on with it.

Montreal is great. I'm here, and if my kids don't go into IT they will work in another sector and will be able to afford to live.

I'd consider SV a death sentence. Who wants to work when you will never achieve financial independence because you'll never own your own land? And if you have a huge mortgage you are your boss's bitch forever.

they are getting wealth creator's money and they are doing nothing for it as they are rentiers.

Is this about landlords getting state money for no work?

Ripe for rebirth? They broke the law and faced no substantial consequence. And no, a fine isn't substantial.

We need a complete overhaul of our society, starting with the banks.

I'm not condoning willfully damaging something, I would never do that, however I am amused that the original poster just wanted to live the rentier dream of delegating and watching the dollars flow in. No risk (wrong). No work (wrong).

As for "collecting the rent" for the most part this is checking if it appears in a bank account. If you are exploiting someone who has finance issues then sometimes you have to threaten them if they don't pay.

They should just work on creating wealth instead of trying to exploit a need for housing for their own gain. The negative equity they found themselves in is part of the same cycle of greed.

As a another poster noted, it's a zero sum game and for there to be successful parasites others have to lose.

I mean before this in various regions it's been fine for the west to pummel places yet when one small attack (which I also disagree with) happens it's a "red line". I find it a little hard to swallow their concern for innocents driving this action.

Because killing thousands with bombs is morally superior to using chemical weapons.

UK along for the ride. As always.

From a _capitalism_ point of view.

> Hand's up, who thought back in December that we'd see a 6 handle on bitcoin by April:(

Me, because fiat currencies derive their value from the requirement to pay domestic tax in said currency. Bitcoin does not have this.

I don't agree with your analysis.

Another good video:

https://twitter.com/twitter/statuses/976245751259971584

BBC news interview with the Zucks.

You don't believe a party which is steeped in class division and owns a company that seeds false news are not nice people?

Maybe I should send a couple of girls round, get some pictures? You don't win arguments with the truth!

They are not nice.

The ruling party has prominent people on the board / with shares! This is why you and I are not in the UK establishment. We are inhibited by shame and a fear of losing. When we step back they double down. Everything or nothing, no in between. It is their birthright.

The UK establishment are directly involved in CLS.

Are you sure there will be a genuine investigation? UK Saudi arms inquiry was withheld because it didn't fit UK aims:

https://www.independent.co.uk/news/uk/home-news/home-office-...

No prosecutions for 2008 banking collapse.

I think it looks pretty good (for CLS).

The UK has had a few of these things now:

1. Lots of dirty USA bank business pre 2008 conducted through London which arguably hid the scale of the crisis building up, making it worse

2. Russian dirty money into London, which culminates in some Russians getting killed in the UK. Not easy to get the dirty money in without the dirty behaviour.

3. CLS/Cambridge Analytica - this has effected not only the UK (Brexit) but also USA elections.

All three are directly linked to the UK establishment and the Conservative party and The City of London.

How many chances will the rest of the developed world give the UK before deciding it's just not worth engaging?

And this is before the coming collapse as the UK cannot raise interest rates, makes very little and is about to jettison itself from the EU.

Love it when they take these down but wayback has it. Instead why not put a banner saying "you really _should_ read this" at the top of the page!

The UK won't do much:

http://www.bellacaledonia.org.uk/2018/03/20/scl-a-very-briti...

People don't typically have access to leverage for an index fund. Most debt is printed for purchasing land.

Because there is no cost-of-carry. Tax land and get rid of the speculators, and socialise the common wealth.

In prime locations it doesn't matter if it's a bungalow or 2 floors, the main component of the cost is the land.

Which is why we should tax land, not the improved value of land (property tax). And not labour.