Australian (ASX) Stock Market Forum

The Biden Presidency

China and Russia own Trump.

Oh yeah...

Keep listening to the MSM, and you'll get stupid ideas like the one you just said...


DONALD J. TRUMP

THE WHITE HOUSE

November 12, 2020



Executive Order on Addressing the Threat from Securities Investments that Finance Communist Chinese Military Companies


By the authority vested in me as President by the Constitution and the laws of the United States of America, including the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) (IEEPA), the National Emergencies Act (50 U.S.C. 1601 et seq.), and section 301 of title 3, United States Code,​
I, DONALD J. TRUMP, President of the United States of America, find that the People’s Republic of China (PRC) is increasingly exploiting United States capital to resource and to enable the development and modernization of its military, intelligence, and other security apparatuses, which continues to allow the PRC to directly threaten the United States homeland and United States forces overseas, including by developing and deploying weapons of mass destruction, advanced conventional weapons, and malicious cyber-enabled actions against the United States and its people.​
Key to the development of the PRC’s military, intelligence, and other security apparatuses is the country’s large, ostensibly private economy. Through the national strategy of Military-Civil Fusion, the PRC increases the size of the country’s military-industrial complex by compelling civilian Chinese companies to support its military and intelligence activities. Those companies, though remaining ostensibly private and civilian, directly support the PRC’s military, intelligence, and security apparatuses and aid in their development and modernization.​
At the same time, those companies raise capital by selling securities to United States investors that trade on public exchanges both here and abroad, lobbying United States index providers and funds to include these securities in market offerings, and engaging in other acts to ensure access to United States capital. In that way, the PRC exploits United States investors to finance the development and modernization of its military.​
I therefore further find that the PRC’s military-industrial complex, by directly supporting the efforts of the PRC’s military, intelligence, and other security apparatuses, constitutes an unusual and extraordinary threat, which has its source in substantial part outside the United States, to the national security, foreign policy, and economy of the United States. To protect the United States homeland and the American people, I hereby declare a national emergency with respect to this threat.​
Accordingly, I hereby order:​
Section 1. (a) The following actions are prohibited:​
(i) beginning 9:30 a.m. eastern standard time on January 11, 2021, any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of any Communist Chinese military company as defined in section 4(a)(i) of this order, by any United States person; and​
(ii) beginning 9:30 a.m. eastern standard time on the date that is 60 days after a person is determined to be a Communist Chinese military company pursuant to section (4)(a)(ii) or (iii) of this order, any transaction in publicly traded securities, or any securities that are derivative of, or are designed to provide investment exposure to such securities, of that person, by any United States person.​
(b) Notwithstanding subsection (a)(i) of this section, purchases for value or sales made on or before 11:59 p.m. eastern standard time on November 11, 2021, solely to divest, in whole or in part, from securities that any United States person held as of 9:30 a.m. eastern standard time on January 11, 2021, in a Communist Chinese military company as defined in section 4(a)(i) of this order, are permitted.​
(c) Notwithstanding subsection (a)(ii) of this section, for a person determined to be a Communist Chinese military company pursuant to section 4(a)(ii) or (iii) of this order, purchases for value or sales made on or before 365 days from the date of such determination, solely to divest, in whole or in part, from securities that any United States person held in such person, as of the date 60 days from the date of such determination, are permitted.​
(d) The prohibitions in subsection (a) of this section apply except to the extent provided by statutes, or in regulations, orders, directives, or licenses that may be issued pursuant to this order, and notwithstanding any contract entered into or any license or permit granted before the date of this order.​
Sec. 2. (a) Any transaction by a United States person or within the United States that evades or avoids, has the purpose of evading or avoiding, causes a violation of, or attempts to violate the prohibitions set forth in this order is prohibited.​
(b) Any conspiracy formed to violate any of the prohibitions set forth in this order is prohibited.​
Sec. 3. (a) The Secretary of the Treasury, after consultation with the Secretary of State, the Secretary of Defense, the Director of National Intelligence, and the heads of other executive departments and agencies (agencies) as deemed appropriate by the Secretary of the Treasury, is hereby authorized to take such actions, including the promulgation of rules and regulations, and to employ all powers granted to the President by IEEPA, to carry out the purposes of this order. The Secretary of the Treasury may, consistent with applicable law, redelegate any of these functions within the Department of the Treasury. All agencies shall take all appropriate measures within their authority to carry out the provisions of this order.​
(b) Rules and regulations issued pursuant to this order may, among other things, establish procedures to license transactions otherwise prohibited pursuant to this order. But prior to issuing any license under this order, the Secretary of the Treasury shall consult with the Secretary of State, the Secretary of Defense, and the Director of National Intelligence.​
Sec. 4. Definitions. For purposes of this order:​
(a) the term “Communist Chinese military company” means​
(i) any person that the Secretary of Defense has listed as a Communist Chinese military company operating directly or indirectly in the United States or in any of its territories or possessions pursuant to section 1237 of Public Law 105-261, as amended by section 1233 of Public Law 106-398 and section 1222 of Public Law 108-375, as of the date of this order, and as set forth in the Annex to this order, until such time as the Secretary of Defense removes such person from such list;​
(ii) any person that the Secretary of Defense, in consultation with the Secretary of the Treasury, determines is a Communist Chinese military company operating directly or indirectly in the United States or in any of its territories or possessions and therefore lists as such pursuant to section 1237 of Public Law 105-261, as amended by section 1233 of Public Law 106-398 and section 1222 of Public Law 108‑375, until such time as the Secretary of Defense removes such person from such list; or​
(iii) any person that the Secretary of the Treasury publicly lists as meeting the criteria in section 1237(b)(4)(B) of Public Law 105-261, or publicly lists as a subsidiary of a person already determined to be a Communist Chinese military company, until the Secretary of the Treasury determines that such person no longer meets that criteria and removes such person from such list.​
(b) the term “entity” means a government or instrumentality of such government, partnership, association, trust, joint venture, corporation, group, subgroup, or other organization;​
(c) the term “person” means an individual or entity;​
(d) the terms “security” and “securities” include the definition of “security” in section 3(a)(10) of the Securities Exchange Act of 1934, Public Law 73-291, as codified as amended at 15 U.S.C. 78c(a)(10), except that currency or any note, draft, bill of exchange, or banker’s acceptance which has a maturity at the time of issuance of not exceeding 9 months, exclusive of days of grace, or any renewal thereof the maturity of which is likewise limited, shall be a security for purposes of this order.​
(e) the term “transaction” means the purchase for value of any publicly traded security; and​
(f) the term “United States person” means any United States citizen, permanent resident alien, entity organized under the laws of the United States or any jurisdiction within the United States (including foreign branches), or any person in the United States.​
Sec. 5. The Secretary of the Treasury, in consultation with the Secretary of State and, as appropriate, the Secretary of Defense, is hereby authorized to submit the recurring and final reports to the Congress on the national emergency declared in this order, consistent with section 401(c) of the NEA (50 U.S.C. 1641(c)) and section 204(c) of IEEPA (50 U.S.C. 1703(c)).​
Sec. 6. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:​
(i) the authority granted by law to an executive department or agency, or the head thereof; or​
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.​
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.​
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.​
DONALD J. TRUMP​
THE WHITE HOUSE,​
November 12, 2020.​



 
As long as that Dutchie person posts cr@p, cr@p responses are fair game.

I notice you didn't call him out. He posts the most drivel of anyone here and gets away with it.
Obama and Biden bailed out wallstreet banks. So he isn't really full of crap.
 
Obama and Biden bailed out wallstreet banks. So he isn't really full of crap.

In that case Biden should own the banks not the other way around.

Do you really expect governments to let banks fail and all their depositors lose their savings ?

The economy would collapse if that happened. Use some commonsense.
 
In that case Biden should own the banks not the other way around.

Do you really expect governments to let banks fail and all their depositors lose their savings ?

The economy would collapse if that happened. Use some commonsense.
The banks gave bonuses to ceos that year. Either way, laws were written under clinton and ignored by bush that allowed wallstreet to create arms and the gfc. Obama then jumped in.

Anything else?
 
Stan Grant again on a roll worth a read before getting all angst about how pure your side is.


Donald Trump is no despot, nor is he the first president to exploit the 'power lie'


 
Septic Trucks Arrive In Washington To Begin Refilling The Swamp

November 12th, 2020
article-7452-2.jpg

60.3kShares
46.6kSHARE
6.2kSHARE
SHARE
WASHINGTON, D.C.—Mulitple sources are reporting that Biden-Harris septic trucks are beginning to arrive in Washington to refill the swamp.

Driven by executives from Wall Street, the military-industrial complex, and China, the trucks pulled in and immediately started filling the swamps that were devastated by the Trump administration's policies. They are a key part of Joe Biden's transition team, as he's vowed to begin refilling the swamps on day one of his presidency.
"We are here to repair the enormous damage Trump did to the beautiful swamplands of D.C.," said Kamala Harris in a speech, as Biden was napping. "It's absolutely horrifying when you look at how dry and cracked these swamps are."
"Together with Joe Biden, the Harris administration will make Washington's swamps great again!" Swampy creatures such as the Swamp Thing, reptiles, and Hillary Clinton were seen slithering back into the quickly refilling reservoirs.
At publishing time, a freight train had been seen heading toward D.C. with attack drones that had been in storage for the last four years.











dqepow2d.png
 
A dark look at the US Presidential vote. (The figures are slightly outdated..)

World Breathes Sigh Of Relief After Only 48% Of Americans Vote For Corrupt, Racist Sociopath

1605485031257.png


The world breathed a collective sigh of relief today, after learning that only 71 million Americans voted to see the continuation of a white supremacist presidency.

“Things got a little crazy there for a while – what with the president saying he wanted to assault women, ignore democratic elections, disregard science, support extreme right groups and downplay 220,000 deaths. But it’s good to know that only 71 million or so Americans support that kind of thing,” a spokesperson said.

She said it was reassuring to see that 52% of the country rejected fascism. “There are always going to be pockets of people who are drawn to narcissistic authoritarianism. But it’s comforting to know that, in America at least, it’s only around one in every two people who want to be led by a crime family”.

 
Nothing to see here....move along.
Joe Biden’s cancer charity spent more than $3.7million on staff salaries but distributed ZERO towards research grants over two years, tax filings reveal
  • Documents showed the charity received $4,809,619 and spent $3,070,301 on staff salaries between 2017 and 2018
  • Gregory Simon, the charity’s president, received $429,850 in fiscal year 2018
  • The Biden Cancer Initiative spent nearly $1million on travel and conference expenses in those two fiscal years
  • Joe and Jill Biden founded the charity in 2017 after his oldest son, Beau Biden, died of a brain cancer diagnosis

 
The point is that he's a far right Tea Party looney, issuing as much pro Trump anti Biden propaganda as he can.

I can't see why the site owner puts up with this trash, especially after blowing up at Bas for his posts.

But, who am I to say ?

@basilio and @dutchie are both as bad as each other in this regard. They are two sides of the same coin.

Part of the problem is I don't track these political threads closely enough.

Yes, I blew up at @basilio, but the volume of his posts far outweighed that of @dutchie. But ultimately they are both propagandists with no interest in carrying on a reasonable discussion with others.

Truth be told, I'm tired of all of it. If it continues I'm going to start deleting it. If it continues after I start deleting it, I'm going to be suspending accounts.

Enough.
 
@basilio and @dutchie are both as bad as each other in this regard. They are two sides of the same coin.

Yes, I blew up at @basilio, but the volume of his posts far outweighed that of @dutchie.

Truth be told, I'm tired of all of it. If it continues I'm going to start deleting it. If it continues after I start deleting it, I'm going to be suspending accounts.

Enough.

Excellent.

I notice "Report" is missing from the post actions. Can it be retrieved ?

Of course "propaganda" can be a matter of opinion, but when clearly fake news is posted then it should be deleted.

Maybe some rules can be defined that would allow us to report fake or misleading posts, and deleted if you agree so you don't have to read everything yourself.
 
Before I am accused of censorship, I want to be very clear. If members of this community are going to be posting in political threads, it is not acceptable to post article after article of partisan propaganda from highly partisan sources. That is not discussion, nor is it debate. It is posting propaganda solely for the purpose of advancing that propaganda.

Threads at ASF are for discussion and debate. They are not for mindlessly pushing left wing or right wing propaganda. If you do not want to engage in reasonable, rational discussion and debate with others then please take it to another website.

For the avoidance of doubt, these two articles are examples of the fake news/shameless partisan propaganda I am referring to:


 
Top