This needs to be all over the news. I don't know why it's not already so check this out. This is coming from a twitter account called occupy the fed movement uh. These guys put together uh, basically a little tweet here.

It says breaking news federal reserve, chair powell, which is referring to jerome powell traded during restricted pharmacy blackout period, failed to disclose majority of trade dates, apparently lied about muni bond conflict, u.s senate rushes. The confirmation vote on february 15th more details, see, and he links this article well, if you check this out, let's, let's actually just take a back step here, really quick right, let's just think very briefly about the conflict of interest that could potentially be at stake. Let's think about the conflicts of interest that could possibly exist with uh working for the federal reserve, we're gon na go over to the handy dandy, white white, microsoft, whiteboard uh, because i love this thing and we're just gon na list these up right - let's just let's Just start right here with this first stop fed what sort of information they deal with that could be classified as uh sensitive information. That could you know, i don't know, influence their profitability as a trader.

Well, if you're jay pal, this man speaks uh pretty regularly right. He comes out, for example, you look at the spy, the s p 500, and you look at the last time that jerome powell spoke the amount of volatility that this guy had and the effect that he had on the market is undeniable. Let's go back and check it out bam right here you can see the volume increases you can see that it tanks coming off of basically him giving a nothing burger, a piece of noose right. So it's very obvious that when they speak when they have betting stock, that meetings talking about inflation, they talk about rate hikes when they talk about jobs and they talk about whatever j pal moves, the market both up and down right so jay powell, if he so Much as sneezes this man sneeze right, he sneezes, he farts the market could go up or down, and this is all to say.

Essentially, this man holds a lot of weight in the stock market right he can make things do this. He can make things. Do this? You think elon musk moves the stock market, no on planet earth moves stocks like jay powell and his handy-dandy printer that never seems to run out of ink uh, except for occasionally right. So with that being said, fed conflicts of interest equal tax right.

They have the ability to move the market with whatever decision making they decide to do so once we've established that we want to dive into well. What's this, what's this scandal that we're talking about here, so you look up this article right, i clicked on this. I checked it out and you've got this. They make it a pretty bold statement.

I don't know if i'd go so far as to say the fed scandal is bigger than watergate. I think that's uh, it's a very bold statement. It could be. Maybe i don't know, we'd have to wait and see uh what this actually looks like, but this article came out 23 hours ago now check this out jay powell traded during restricted.

This is a key word. Restricted blackout period failed to disclose most trade dates, apparently lied about munich conflict directed massive wall street bailouts despite conflicts. Now, there's two big freaking buzzwords here ready for this restricted, restricted, failed to disclose right off the bat. You look at these two pieces of information from jpout right.

What's the first thing that pops, in your mind, chat i'll, tell you what it is right if your first thing that pops, in your mind, is wow, i'm gon na make a lot of money because you got it wrong. No, it's illegal! What he's doing is wrong. It's up it's illegal straight out illegal! Now, let's dive further into this, and i'm going to give my my two cents on this because i've got another article i want to dive into, but we're going to we're going to read just a few pieces of information on this and before we keep going uh. Don't mind the bags under my eyes, i didn't get much sleep last night i was up pretty late, but i'm motivated as and we're ready we're ready to rock anyhow venture pal who is supposed to serve in the public interest and avoid even the appearance of conflicts.

Traded, millions in personal stocks and bonds, while obstructing required public disclosures about those trades for years. That's not for a day. This isn't for a week, it's not for a month, it's not for six months for years. It's a lot of time, essentially saying hey every time.

This guy traded, he wasn't necessarily disclosing the full truth in terms of what he was actually doing, wasn't being transparent, and that's all we're asking for right is transparency. At the very least, i personally would love to see a world where the federal reserve, politicians, congressmen congress, women can't trade personal stocks with sensitive information, but i digress. Maybe we'll get there someday. Let's just keep reading right.

We keep going yet. The information that has slipped out is damning. It shows powell made trades during the restricted blackout period for pivotal federal, open market committee meetings, pharmacy meetings, an example of this right. Let's just say that jerome powell knows that he's going to flip from dovish to hawkish right.

What does this mean? Well, we come back to handy dandy, whiteboard. We love our good whiteboard over here. They make us smile, real nice, hawkish versus dovish. If you're to look at dovish, i'm probably gon na spell this wrong, but i think it's this.

I think it's this dovish means essentially uh they're, not gon na, be very aggressive with the economy. They're not trying to tighten things down. They're gon na let they're gon na keep stimulating or, at the very least, they're gon na. Let things run right.

This is typically when you're trying to stimulate the economy. You want to get money. Moving back you're, not really worried about interest rates. You're not really worried about inflation, whatever.

Typically it makes stocks. Do this thing right: the nice, big fat printer arrow, let's just say that he knows all of a sudden. Instead of being dovish he's going to flip the hawkish he's going to start raising rates, he's going to try to combat inflation, he's not really going to tighten it. Try to stimulate the economy, he's going to try to tighten it down right.

What is that going to do? Well if you're telling people that interest rates might go up, you're telling people it's gon na, be less accessible to borrow cash? Well, you're gon na see this because the stock market is a reflection of the economy. If he knows that this transition is coming at a pharmacy meeting, right, that's a conflict of interest. You probably shouldn't be able to trade with that information, especially if you are the one you're, the individual, that is allowing the stock market to either go up or to go down right. So if you notice that let's come back to this, and just reread what i just read, this is insane.

The information that is slipped out is damning. It shows power made trades during the restricted blackout period for pivotal federal, open market committee meetings. This is a shocking revelation and constitutes grave and inexcusable misconduct by a high-ranking u.s government official. Essentially, what he did is he had an idea what he was going to talk about.

He knew hey, i'm going to do this or i'm going to do that and he traded on that information. Probably knowing i mean, if he's got half a brain, he can know. Oh inflation's bad if i have to combat inflation stock market probably goes down. Ah, if i'm dovish, if i say things, go up, things probably go up right if he knows that he trades on it, what the else do you need? What else do you need right and what are the consequences going to be? That's an important question because check this out right.

Look at these notes here, we're still a significant number of trades were executed during we already read that uh come down. Yeah powell had at least six sales transactions and one purchase on april 29th, 2015. The day of the final fomc meeting, this is back in 2015.. The title of the video is: why has nobody talked about this? This is 2015 seven freaking years ago, seven years ago, this happened the day of the final pharmacy meeting.

You also made two purchases on december 11th, 2015.. Three days, three days before the pharmacies december 15-16, 2015 meetings - you can see all these different transactions right here. How do you know powell wasn't using multiple the high disclosure of far more transactions during the restricted blackout period? We're only scratching the surface, and this is just a single year of powell's long tenure. Moreover, powell's illicit trades were not isolated to 2016..

It continues unchecked through the present. So what this is saying, let's just put on our freaking tinfoil hats here, i'm gon na throw my cowboy hat here. Let's take a deep dive and what this probably means it means if he was doing this in 2015 and he has faced no repercussions, not because i haven't heard a thing about this until literally today. Until i read this tweet today from occupy the fed movement on twitter, if i haven't heard about this yet until today, i don't know if anybody in chat has, if you have, let me know that'd be awesome, it probably means he's still doing it.

It probably means there's other people in the federal reserve still doing it. This is illegal, it's insider training to a t. What else do you need and let me let me just show you one more thing right check this out, if you think to yourself. Ah trey trey - maybe maybe it was just 2015 right - could have been.

Who knows? I'm always get you know spectacle too skeptical. Whatever the word is, i'm all worked up. Uh speculative. I was trying to make the words skeptical and speculative, but we're just gon na make it one word it'll be like uh skeptical.

I don't know specul spectacle, specula specula, pes, testicles. I don't know what the word is, but anyways, let's just keep going. This is an article from october 18th of 2021 check this out revealed fed chair jerome powell sold up to five million dollars worth of stock options just before dow jones tanked last year, as central bank reels from resignation of two regional chiefs, who also cashed out fed Chair jerome powell sold 1 million to 5 million in stock options, which is kind of an oxymoron, i'm not going to nitpick at vocabulary, but whatever last october. This is a year ago.

This is coming off of essentially him having insider information, knowing what's likely going to be happening with these central bank reels, which was, if you want to rewind, basically a year into the past uh right after march of 2020, you can see uh all the ramifications of What happened after march of 2020? You already know right. Let's just read this real quick: he made the stock sales on october, 1st 2020, just as talks between congress and the trump white house over a new stimulus package broke down while covet case counts, deaths and hospitalizations were spiking according to prospect and the weeks after powell's Stock sales, the dow jones industrial average nosedived losing 1600 points in the month of october or six percent of its value. I wonder how he knew that maybe j-pop, maybe maybe he's just a god traitor, maybe he's a wizard. Maybe he's got a magic eight point just upon that magic keyplay with what's the stock market gon na do and it went it went then he knew he said.

Well, magic, 8 ball. This is some genius and he just knew, but i doubt it. I doubt it. There's no way there's no way.

That makes any sense. So what you have here is in 2020, we have two proofs right off the bat here. Two proofs we've got one in 2015 of him trading on pharmacy information three days prior to a pharmacy meeting. We've got this him trading just prior to the dow jones six percent october, pull back.

What else do you need this guy has gotten away with such illegalities. I i can't even comprehend how he has a job, let alone how he hasn't faced jail time i mean, let me put it to you this way right. Let me just make a quick comparison to you that we're just gon na take one of those sales we're gon na. Take one of these sales here, really quick and i'm gon na.

Compare it to you what that actually looks like one sale: let's just go low ball low ball and say that he made one million dollars. Let's set one to five million, we'll take the one million number right. He made one million bucks. This is jay pal over here jay powell uh he traded on on information uh about banks.

Bank reels found out that the stock market was likely going to pull back right. He had one sale worth one million dollars. He made some money. He got out just at the right time caught the absolute tip of the wiener and made some cash right face, no penalties, i've heard about it, no jail time.

No fine right makes sense sure, let's just have an average american. Let's have an average american to make a comparable situation for you here, really quick right. Let's just say that you've got uh, you've got nancy and we're not going to go pelosi, we're going to say uh well oc. We got nancy wellosie over here.

It's the opposite of pelosi, right she's, just an average person. She doesn't have information all this insider. You got nancy walosi nancy willowski over here, uh makes, let's say a hundred thousand dollars a year. Right makes a hundred thousand dollars a year based on federal income tax, state income tax, a whole bunch of different taxes, uh we'll just we'll just take a a very conservative, very conservative, 35 of that right.

What's 35 percent of a hundred thousand 35k, let's say that all of a sudden nancy decided she did not want to pay her 35 000 of state and federal income tax. What do you think would happen? Do you think she wouldn't get hit with a fine? Do you think she wouldn't get investigated by the irs? Do you think she wouldn't face some sort of legal penalties? Probably would probably would i mean i don't know. I know that the government loves that 35 000 they're going to use that for great things, such as paying uh people like jay pal, to steal one million dollars right. That makes sense, don't it if jay powell could get away with making 1 million dollars with no repercussions.

Why is it that nancy willowsi doesn't pay 35 000 in taxes and she faces fines, legal allegations, irs investigations and all this sort of jazz, it's nuts? It makes no sense this guy should not be working for the federal reserve. Most of these guys, probably shouldn't i don't know what do you think chad, maybe i'm just hallucinating - maybe maybe maybe maybe i'm just not making any sense here, but this makes no sense. None like this pisses me off this pisses me off a lot. You know i'm like i'm an average american, i'm expected to pay my taxes you're supposed to it's supposed to stimulate the economy.

It's supposed to go towards good things like education and building roads and paying government officials to regulate the country in the way that they're supposed to, but instead we pay jackasses like this to steal from you. I don't know, that's that's that's about all. I got ta say about that, but we got ta talk about this. Why is it? Why is it that just now, 2015, seven years later, this is finally discussed? I i just i i i have no idea makes no sense to me makes absolutely no sense, and i wanted to touch on that, because this seems like uh, something that really should be all over the internet.

This is this is madness. It's a bunch of garbage, but that's what i've got to say about that. That's my rant on jerome powell, i'm gon na breathe. Now, as always, my friends, it's a blast, love you all much love light taps.