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if-you-fan-a-fire · 3 years

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“A BRIEF STAY,” Daily British Whig (Kingston, Ont.). February 20, 1911. Page 1. ---- Travers Only Six Hours in Penitentiary. ---- TAKEN TO TORONTO ---- AT MIDNIGHT SATURDAY BY INSPECTOR DUNCAN. ---- Warden Platt Did Not Have Him Clipped - Sensation Over Travers' Removal From Jail - Said He Was Threatened. ---- W. R. Travers, the ex-manager of the Farmers’ Bank, is again in Toronto, and he paid a few hours’ visit to the penitentiary here on Saturday afternoon, and then was taken back to the Queen city to give further evidence in the bank case in which many prominent men are involved.

After Travers’ arrival here on Saturday afternoon, Deputy Severs took him to the Randolph hotel for dinner, and then to the penitentiary. Owing to the good judgement of Warden Platt, Travers was not clipped or put into prison garb on his arrival as he might have been. The warden had no official notification that Travers was to be immediately taken back to Toronto, but he learned of the fact, so he delayed putting the newly-arrived prisoner through the routine that follow's entrance to the penitentiary, and in so doing he did a considerable for to have sent Travers immediately back to Toronto clipped like convict would have been decidedly hard.

Travers remained in the office of the chief keeper until the evening, when Inspector Duncan arrived from Toronto with an order of the court for the production of the prisoner. Warden Platt on receiving the order, handed over the bank man to the inspector, who brought him into the city, and took him to the Randolph hotel, where he kept him until midnight, leaving for the west on the 12.25 a.m.. train Sunday.

Travers was well aware that he would be recalled to Toronto, and his entrance to the big prison did not so unnerve him as it would probably have done had he been mitering it to come forth only when he had completed his term of four years and seven and a half months, which will be the equivalent of his six year's sentence, deducting good behavior time and the six weeks he has already served in jail.

The order to return Travers was made by Judge Winchester, chairman of the general sessions of the peace, who demanded his return as a material witness in the case against Col. James Munro, president of the defunct bank, who is to charge of signing false returns regarding the banks affairs to the government of Ottawa.

#kingston ontario #travers case #toronto #capitalism and crime #farmers' bank #conspiracy to defraud #farmers bank of canada #bank bankruptcy #liquidation proceedings #sentenced to the penitentiary #kingston penitentiary #banking fraud #crime and punishment in canada #history of crime and punishment in canada #w. r. travers

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politijohn · 1 year

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The Silicon Valley Bank failure is the latest example of corporations running politics. Democrats and Republicans, alike, supported banking deregulations inspired by financial lobbying efforts. Never mind hypocrisy at its finest.

#capitalism #bankruptcy #big banks #end capitalism #eat the rich #tax the rich #news #current events

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mylovelyrainblog · 7 months

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Germany: we did a Holocaust so now we are supporting another one to atone for it!

How does that work for you? The world will hate you for it.

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newyorkthegoldenage · 7 months

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Angry depositors gathered in front of the Clarke Brothers Bank, an 80-year old private institution at 154 Nassau St., which closed as bankrupt, ca. 1929. Unprecedented withdrawals caused the crisis, and the payment of 100 cents on the dollar was promised to the skeptical depositors.

Photo: Bettmann Archive/Getty Images/Fine Art America

#vintage New York #1920s #bank run #bank closure #bankruptcy #bank failure #Great Depression #Great Depression causes #bank crisis #banking crisis #vintage NYC

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thepowerisyouth · 3 months

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Eh mental health is annoying. Buying & cooking cheap low-FODMAP diet is annoying. My best top note for now is I'm using this blog to practice writing. I need more practice in it. I only know business, accounting & economics stuff. Its stupid stuff. Theres too much actual fraud everywhere that its annoying

Also I use mobile so formatting sucks cause Nvidia GPUs, or Arch dont like tumblr site. Or tumblr site dont like tumbkr site

Also also I 100,000% support all my fellow ones-and-zeros and their identity. Everyone is welcome here.

Except transphobes/zionist/long list of others but you get it. I'll help harrass any of those types endlessly if someone wants to tag me, and bring me in on an argument like that friend you call for backup with fights

Im unhinged so who's to say exactly what will end up here but this is also a completely public blog to me friends, family, hell, even acquaintances i dont give a fuc.

Blog should be expected to be roughly as child-friendly as simpsons or bobs burgers. But also boring like a civics/economics lesson sometimes. Yay

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I (and my husband) am ex mormon. Its a weird thing. Look into it if you havent recently. Realllllyyyy look into. Takes time to figure it all out in this fuckin fucked up world.

I just moved a year ago. Didnt watch the US stock market as much as I normally do. Had my first snowstorm 10 weeks ago, that was.. fun to handle while ill prepared. About 6 weeks ago I was hopping back on the market and notice its a huge tech bubble about to pop and all the conditions Ive been warned about my whole career imply this is not good. Just took a little more thinking & digging and I'm a little too confident to stop talking about it now.

(Oh I'm also care-free as fuc so I dont really read or desire to change past posts more than lil-nitpicks. More informative for the reader & myself-in-the-future-reading that way)

And I'm not kidding I do love feedback & questions. Its a very public blog tho so I get that part for sure.

If you search "life story" in my tags I had that pinned for a min Im just moving shit around rn

Being poor sucks. Will write more on that later.

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First of all-- the exact timeline of an "economic shock" is literal insanity. Dont worry about the exact timing of any of this-- just know its doomed to happen soon.

Here are some effects I predict of this upcoming economic downturn

If anyone comes across any sources for these events that support my arguments please feel free to add in comments, reblogs, etc.

This concise list is mainly for my own reference, but it would be great to add to it if any one has something to add!

0.5. US Stock market collapse-- I have no desire to try and predict this one exactly. Too many conspiracies are actually correct about this big guy. Lets just say 7 US Tech stocks are worth 25% of the entire worlds market, roughly. "Too big to fail"-- I believe is the phrase

1. Corporate (slightly later will be residential by extension) real estate crisis: currently way too overvalued. Most of the houses, land, & urban corporate property we see could stand to decrease by about 60-90% from its current price.

2. Bankruptcy crisis: similar to the after-effects of the 70s inflation-- we can expect to see a huge wave of bankruptcies affecting a variety of business: from the micro-self employed; to the small business with leased buildings; to the largest corporations who commit massive accounting fraud & hope to escape accountability in time

3. Bank runs-- there is an extremely high overreliance on the Federal Reserve, who does not have good control over this situation. Once it becomes clear that there is a crisis (we call this a catalyst event)-- bank runs for physical cash are a surety. Hard to say how long a crisis like this might last. I should ask my siblings who lived near the SVB bank crisis hotspot (but those were rich fucks they do their "bank runs" over the phone)

3.5. Global currency collapse, which takes effect in every single local, state, & national economy at slightly different times. This means prices lower. Much lower. But takes time

4. Whatever the fuck the geopolitics is gonna do???. Its weird. You got Russia wanting to invade Europe? (Look at global economic forum 2024) Trump wants to let them. Biden wants to be an establishment corporate ass. North Korea has changed its #1 public enemy to South Korea (dont remember my source but it was a couple months ago). USA is stationing more troops in Taiwan, but probably only because of semiconductor technology?

The scope of our global financial woes are larger than can be explained in any of our lifetimes. Its much, much closer to pre-revolution France or the late 1920s. Big change is coming. Itll be soon

5. More to come

#anti capitalism #economics #geopolitics #real estate #bankruptcy #banks #corporate fucks #pinned post #mental health sucks ball sacks #arch linux #nvidia is a scam bubble like enron #simpsons #bobs burgers #intro post #will change it more later

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fluffypotatey · 8 months

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If it was a penny for everytime he thinks about wukong he could solve world hunger six times

he’d solve world hunger by bankrupting the world’s economy with his pennies that people would be forced to establish a new trading economic system

#ever wonder what happened to the Spanish empire when they went bonkers over mining for silver?#it bankrupted them #because of all the silver gained from the mines and placing silver as their ‘placeholder’ for their currency (idk economic terms)#their inflation spiked and led to their bankruptcy and thus losing the powerhouse label they obtained #but enough about history #imagine macky just walking up to the bank to cash them in tho #bank now has a vault full of copper coins #lmk #asks #shadowpeach #lmk six eared macaque #anonymous

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equicorplegal · 1 year

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