Even ACLU Calls Cali’s New Gun Laws a Threat

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Dear eMBers,

Your Morning Bullets are here. Let’s dig in.

INVESTOR INSIGHTS – Market Update 

When the Libra first launched back in June, it looked unstoppable.

But between October 4th and October 11th, members have been dropping like flies.

First, PayPal withdrew.

Then, yesterday, another five members followed. Visa, MasterCard, Stripe, Mercado Pago and eBay have all bailed.

That means that there is only one US payment processor left. But PayU has been silent, despite multiple requests for comment.

What’s going on?

Right now, timing is the key factor.

On Monday, the founding members will convene in Geneva for the first Libra Council. 

The goal is to hammer out the different roles each member will play.

But part two of the goal is to create a formal charter. And each member will have to sign that agreement.

Each of the bailing members were all payment processors.

They face a slew of regulatory requirements. They must deal with fraud, money laundering and sanctions enforcement. It’s a heavier burden than other members are up against.

“Facebook appears to want the benefits of engaging in financial activities without the responsibility of being regulated as a financial services company.”

Read more here.

YOUR SILICON VALLEY (LIBERAL) OVERLORDS

Source: Wikimedia Commons, User:Pratyeka

And people have had enough of it.

More and more are rallying for Silicon Valley to leave China.

Apple, Google, Microsoft and Facebook are all guilty.

“Silicon Valley should eliminate its double standards…”

Read more here.

TRUMP DERANGEMENT SYNDROME

California is here for your guns – and they don’t care if you know about it.

Governor Gavin Newsom signed 15 gun-related bills into law yesterday.

And they have no intention of stopping there.

As he signed the bill, he made that very clear.

“No state does it as well or comprehensively as the state of California, and we still have a long way to go.” (Emphasis added.)

(Photo: Wikimedia Commons User,Tomezine)

But you know you’re in crazy territory when the ACLU says no to liberal lunacy.

NEW TECH

Five hundred miles outside of Silicon Valley…

This tiny company — trading under a code name — is about to unleash a radical, new $12 trillion technology.

Mark my words…

Fortunes will be made.

BlackRock, JPMorgan Chase and Deutsche Bank — to name just a few — have all started quietly scooping up shares.

Because they recognize the extraordinary potential here, as I do.

This stock may never be this cheap again. Now is the perfect time to grab as many shares as possible.

TRUMP IS WINNING

Trump got a huge shout out from a REAL Wolf of Wall Street.

Jordan Belfort came out strong for President Trump.

And even stronger against Candidates Warren and Sanders.

“Wall Street has a really, really important function, right? When Wall Street runs amok, it gets really ugly,” said Belfort. “What frightens me about a Bernie Sanders or an Elizabeth Warren is like they think that government is… the answer… but the policies that they’re talking about will literally destroy the fabric of the country.”

Read more here.

CRAZY-INTERESTING OR RIDICULOUSLY-WEIRD

ADDITIONAL READING AND RESOURCES (ARR)

Thanks for reading today and being a loyal subscriber. 

Your biggest fan, 
Frederick Frost

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