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Lady accuses Caleb Hammer of being out of touch with reality for advising people against credit cards on his shows. She says he can’t comprehend handling multiple jobs and also questions him for not giving his employee a birthday day off. Lady: "I guess you don't understand that as much now that you know you have this big studio and stuff like that so maybe you kind of can't comprehend that." Caleb: "I can't comprehend what?" Lady: "Just kind of having a lot of financial bills... live paycheck to paycheck to just pay for my survival needs. Just because you have like all of this money and revenue that you can then pay for others for you" Lady:“I know someone's here working on their birthday." Caleb:“Is this someone's birthday today? Nah. Lady:“You don't even know your own employees." Caleb:“I don't know everyone's birthday." "Adults work on their birthday." "If he wanted to request it, he could have." Lady: "I work for an NGO at least they give us our birthdays off” Caleb: "I'm forcing him to have a week off in what? Two and a half weeks?" "And I'm losing revenue for that because we're not uploading that week." Lady: "You're losing that understanding that you know.” Caleb:“explain to me how I'm losing that understanding though,cause I’ve worked multiple jobs before” Lady: "Your multiple jobs to make your bills do is because of your McDonald's. Isn't that what you tell everybody?" Caleb: "I went to McDonald's shirt all throughout my life but I had rent in college and utilities. Credit cards can be a damaging tool to people" Lady:“If you have it's either starve or buy some groceries. Of course I'm going to use my credit card if I have.

Flo

36,474 görüntüleme • 19 gün önce

In August, President Trump signed an executive order titled "Democratizing Access to Alternative Assets for 401(k) Investors." The order directs regulators to make it easier for your retirement savings to flow into private credit, private equity, and other "alternative" assets. The Department of Labor quickly rescinded Biden-era guidance that had discouraged these investments in retirement plans. Apollo. Blackstone. Goldman Sachs. State Street. They're all racing to launch private credit products for your 401(k). But here's the problem: Private credit is showing cracks at the exact moment they want to open it up to retail investors. Just this week, BlackRock TCP Capital - one of the largest publicly traded private credit funds - plunged 17% after disclosing a 19% writedown on its net asset value. The biggest drop in almost six years. This is BlackRock. The world's largest asset manager. $14T in assets. If they're taking hits like this, what chance does your 401k have? Let me walk you through what's actually happening in this market... Private credit has ballooned to over $2T in assets. For years, it was the domain of sophisticated institutional investors - pension funds, endowments, insurance companies. These investors have teams of analysts, lawyers, and risk managers to evaluate complex deals. Your average 401k participant doesn't have any of that. And the timing couldn't be worse. The IMF's 2025 Financial Stability Report found that 40% of private credit borrowers now have NEGATIVE free cash flow. That's up from 25% in 2021. Goldman Sachs data shows 15% of borrowers can no longer generate enough cash to fully cover their interest payments. UBS forecasts that private credit defaults could climb by 3 percentage points in 2026 - outpacing leveraged loans and high-yield bonds. Meanwhile, payment-in-kind loans - where struggling borrowers defer interest by adding it to their debt balance - have surged from 7.4% in 2021 to over 11% today. When a company can't pay interest in cash, that's not a sign of health. It's a sign of stress being disguised. Then came September's wake-up call: Auto parts maker First Brands collapsed with $8B in off-balance-sheet financing that wasn't properly disclosed to lenders. Subprime auto lender Tricolor imploded amid allegations it pledged the same loans as collateral to multiple creditors. Both received clean audits shortly before they cratered. First Brands' term loans went from 90 cents on the dollar to under 15 cents in weeks. JPMorgan's Jamie Dimon put it bluntly: "When you see one cockroach, there are probably more." Here's what makes this dangerous: Private credit is lightly regulated, less transparent, and difficult to value accurately. The managers making the loans are often the same ones valuing them. They have every incentive to delay recognizing problems. The DOJ has already issued warnings about "creative" marks and questionable valuation practices. Banks aren't insulated either. They've lent over $2.2T to non-bank financial institutions. When problems surface in private credit, banks feel it too. And now they want to put this in YOUR retirement account. The pitch is that private credit offers "higher returns" and "diversification." But the data doesn't support the sales pitch: Recent research shows pension funds increasing exposure to private markets have actually seen depressed returns compared to simple stock and bond portfolios. The 50 largest US pension funds averaged just 7.4% returns over the past decade. A basic 60/40 portfolio beat many of them. The real beneficiaries are fund managers charging 2% fees on assets that can't be easily valued or sold. My view really hasn't changed: AVOID PRIVATE CREDIT When sophisticated institutional investors start pulling back - and they are - the last thing you want to do is rush in. Stay in liquid, transparent, low-cost investments for your retirement. Don't be the exit liquidity.

George Noble

932,848 görüntüleme • 6 ay önce

Yes, Hitler was a socialist, as Elon Musk posted. And yes, today's left-wing socialists have more in common with Hitler's government than right-wing American Constitutionalists. Here's how. When America broke away from Europe, we created something new. We didn't continue their endless search for a king to protect them. Some of their kings were good, others bad. But the government still had total control. The American idea was different: The Constitution would protect the people from the government. Because of this idea, we developed a different political spectrum. In Europe, the left and right fight over who gets to control their big government searching for a king. On the far left is communism. On the far right is fascism. You can think of socialism as a railroad track in between. Socialism can take you to whichever extreme you choose. In America, our far left is still communism with an all-powerful government. But our far right is anarchy - no government at all. Our Founders settled on a small government that's just big enough to avoid the chaos of anarchy. That's where the Constitutionalist right still lives. Or at least, most of us. Nowadays, we have progressives in both parties (meaning, they'll "progress" to big government over time, instead of through a revolution). On the right, we call them RINOs. Vote for them and you basically get what the Democrats want, just packaged a little differently. So no, the Constitutionalist American right isn't fascist. By definition, it can't be. We don't want a government anywhere near big enough to allow for that.

Glenn Beck

86,050 görüntüleme • 3 ay önce

Catherine Austin Fitts on the rich being "on the menu" for the digital enslavement grid "I can't tell you how many people who have big stock portfolios think they're fine" "They don't understand they're on the menu" "money that can be taken away from you... is not your money" This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from an episode of the Children's Health Defense (Children’s Health Defense) series Financial Rebellion posted to Rumble on June 4, 2026. ---------------Partial transcription of clip--------------- "I grew up in a world where you could go to Wall street, make a lot of money, and your excess money would protect you from central control. And most people operate under that theory. I can take action in my own life. I can earn enough money financing and building the control grid, and that will give me enough money to protect myself. That is wrong. That used to be true. That is wrong. "And one of the things Carolyn and I got very clear about in 1998 for— on is money that can be taken away from you with a snap of a finger is not your money. "And if we don't have real rights and real powers, then we're all going to be slaves. So this is something that has to get clear in people's minds. I don't care— "I just finished as I described, traveling all over the country. I can't tell you how many people who have big stock portfolios think they're fine. They don't understand they're on the menu, and now is the time to take action to make sure what you worked hard to earn, you get to keep."

Sense Receptor

33,815 görüntüleme • 2 ay önce

Gavin's takes on Microsoft, Google, Meta, & Amazon: Microsoft ($MSFT): "I like Satya, I admire him. He's an exceptional CEO, and I give him a lot of credit for the decisions he's made. But he did go from, "We're going to make Google dance," to being the product manager of Copilot in 3 years. The decision Satya is making now, which the market has punished him for, but I think is the right decision — who knows how fast Azure could be growing if they were willing to just sell GPUs to OpenAI. 'We're going to use our compute internally to make our own products better.' One reason Copilot was so bad, or has been so bad, is that there wasn't enough compute available. They're fixing that. He's making good decisions that are risky decisions, to position Microsoft for this world where frontier models are no longer API-accessible. It's a really courageous decision that I give him a lot of credit for. Microsoft probably would be an $800 stock today if they were using their GPUs to serve solely OpenAI and Anthropic's capacity instead of using them for their own products." Google ($GOOG): "Google was incredible last year because they had that TPU advantage, which is now gone. The reason I think they're still in a great position is they have the most compute of everyone. We talked about the value of installed bases being higher as a result of shortages — they have the biggest installed base of compute. Google I/O is this week. If they don't release something that even slightly leapfrogs OpenAI and/or Claude, that's interesting. It's not a disaster for Google, it's just interesting. Between the amount of data they have, the YouTube data, the amount of compute, the search business — Google's never not going to be in a good position. You see that with GCP going crazy." Meta ($META): "You've got to give Zuckerberg immense credit, for what he's done in terms of making Meta an AI-first company internally. He is the only one of those true internet giants to have done that. I give him a lot of credit for paying up when he did for contracts, that talent. And Muse was a really big upside surprise. It was the first model from MSL, and it's not on the Pareto frontier with xAI, Google's one entrant, OpenAI and Claude, but it's pretty close. That was very impressive to me. So Meta is in a better position — still not as strong of an absolute position as Google, but a better position." Amazon ($AMZN): "Amazon is in a really strong position because of Trainium. You're going to see real P&L efficiencies from robotics over the next 18 months in their retail business. I actually think Nova — their internal models are not where Muse is, but they're better than they get credit for. The two companies who are the most deeply engaged with startups are Amazon and Nvidia by a mile. It's going to end up being a pretty big advantage for Nvidia and Amazon — with Google right behind them — to have this engagement that you just don't see from these other hyperscalers."

Invest Like the Best

52,492 görüntüleme • 2 ay önce

Remember this scene in The Big Short? Jamie Shipley and Charlie Geller have bet everything against the housing market. They've been bleeding for months, wondering if they're wrong. Then they flip on CNN and see it: New Century Financial - the second-largest subprime lender in America - has filed for bankruptcy. "It's starting." That was April 2, 2007. New Century wasn't the crisis. It was 1% of the problem. But it was the first domino. 4 months later, BNP Paribas froze 3 funds citing "complete evaporation of liquidity." 18 months after that, Lehman was dead. I'd encourage you to watch that scene today. Because we JUST got our New Century moment in private credit: Blue Owl Capital - $307 billion in assets under management - just permanently halted investor redemptions at its retail private credit fund, OBDC II. Investors will NEVER AGAIN redeem shares from this fund. On January 25th, I wrote that private credit was showing cracks at the exact moment Wall Street wanted to open it up to your 401(k). 3 weeks later, here we are. The timeline follows a pattern anyone who's been around markets long enough recognizes: Through the first 9 months of 2025, OBDC II investors withdrew $150 million - up 20% year over year. Meanwhile, Blue Owl execs publicly assured investors there was "no meaningful pressure" on their asset base. But there was. And they're now facing a federal class-action lawsuit for saying otherwise. In November, they attempted a merger that would have forced OBDC II investors into a publicly traded fund trading at a 20% discount to NAV. Effectively confiscating a fifth of their capital. Blue Owl's own CFO conceded investors "could take a potential haircut." The stock dropped 11% in 8 days. They killed the deal. Now they've abandoned the pretense entirely. PERMANENT halt. Fire-selling $1.4 billion in loans across three funds. Investors get roughly 30% of NAV back through quarterly distributions - on Blue Owl's schedule, not theirs. One delightful detail: Blue Owl's co-CEOs have pledged $1.9 billion of their OWN company shares as collateral for personal loans - proceeds used, in part, to acquire the Tampa Bay Lightning. The stock is down 33% this year. That collateral has literally shed $260 million since January. Founders leveraging company stock for hockey teams while retail investors queue up for their own money. Wall Street's version of noblesse oblige. But here's what matters: This isn't about Blue Owl. Blue Owl is a symptom. The disease is a $3.4 TRILLION private credit industry built on opacity, conflicts of interest, and the polite fiction that illiquid assets can offer liquid redemptions. Morningstar DBRS reports the trailing default rate has risen to 4%, up from 2.8% a year ago. Downgrades outpacing upgrades. Outlook negative. UBS warns defaults could reach 13% if AI disrupts the software companies making up 17% of BDC loan portfolios. Payment-in-kind loans (where borrowers can't pay cash interest and simply pile it onto the debt) have surged past 11% of BDC income. When your borrowers are paying you with IOUs, the word "income" deserves quotation marks. And the government's response? Open YOUR 401(k) to private credit. Trump's executive order directed regulators to do exactly that. They want to "democratize" an asset class whose flagship retail product just permanently locked investors out. The KKRs. The Blackstones. The Apollos. Everyone loaded up on private credit is exposed. When the tide goes out, you find out who's swimming naked. In April 2007, New Century went bankrupt. Most of the financial world shrugged. 17 months later, Lehman made the point impossible to ignore. And Blue Owl permanently halted redemptions TODAY. AVOID PRIVATE CREDIT AVOID PRIVATE EQUITY Because it's starting...

George Noble

1,529,523 görüntüleme • 5 ay önce

Before Charlie Kirk, there was Ronald Reagan. This morning, I recalled the speech Reagan gave after Martin Luther King's assassination. The year was 1968—two days after King was killed. In his singular voice, Reagan presciently and tragically laid out the fight he knew was coming for us today. Most Americans did not listen to Reagan then. Charlie Kirk was one of the few who did. Now, 57 years later, will we finally listen? Of course, watch the video to feel the power of Reagan. For those who can't, a partial transcript: “I have listened to their hopes and hopelessness, and I’ve heard their plea. And curiously enough, it is not for more welfare. It’s for jobs. And it is for good schooling and discipline in those schools… “And I have to ask myself why, why in all these recent years have we Republicans let this whole humanitarian field be preempted by the opposition when their record in the entire field of welfare, and in their entire field of human relations, is one of colossal and almost complete failure. “Their whole big government approach has institutionalized poverty, perpetuating its degradation until welfare becomes a way of life under the second and third generation of recipient families. “They have tried this raising of people by mass movements, while our philosophy is based on a belief in the individual, in his freedom and in his rights. And in this area of human relations, we're dealing with individuals—each one of these people unique, each one crying out in his soul for his rightful heritage of dignity and the right to shape his own destiny. “But we have a chance to prove, as Republicans, to prove that we're more than just negative critics. We have a chance to prove that ours—ours—is the wave of the future.”

Eli Steele

323,087 görüntüleme • 11 ay önce

This Video Truly Can Not Be Shared Enough, George Carlin On American Education “Then everyone wonders why 17 other countries graduate more scientists than we do. Education! Politicians know that word, they use it on you. Politicians have traditionally hidden behind three things. The flag, the Bible, and children. No child left behind. Oh really? Well, it wasn't long ago you were talking about giving kids a head start. Head start, left behind, someone's losing fucking ground here. But there's a reason. There's a reason. There's a reason for this. There's a reason education sucks, and it's the same reason that it will never, ever, ever be fixed. It's never gonna get any better. Don't look for it. Be happy with what you got. Because the owners of this country don't want that. I'm talking about the real owners now. The real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They've long since bought and paid for the Senate, the Congress, the state houses, the city halls. They've got the judges in their back pockets. And they own all the big media companies. So they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying to get what they want. Well, we know what they want. They want more for themselves and less for everybody else. But I'll tell you what they don't want. They don't want a population of citizens capable of critical thinking. They don't want well-informed, well-educated people capable of critical thinking. They're not interested in that. That doesn't help them. That's against their interest. That's right. They don't want people who are smart enough to sit around a kitchen table to figure out how badly they're getting fucked by a system that threw them overboard 30 fucking years ago. They don't want that. You know what they want? They want Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime, and the vanishing pension that disappears the minute you go to collect it. And now they're coming for your social security money. They want your fucking retirement money. They want it back so they can give it to their criminal friends on Wall Street. And you know something? They'll get it. They'll get it all from you sooner or later, because they own this fucking place. It's a big club, and you ain't in it. You and I are not in the big club. By the way, it's the same big club they used to beat you over the head with all day long, when they tell you what to believe. All day long, beating you over the head in their media, telling you what to believe, what to think, and what to buy. The table is tilted, folks. The game is rigged. And nobody seems to notice. Nobody seems to care. Good, honest, hardworking people, white collar, blue collar, doesn't matter what color shirt you have on. Good, honest, hardworking people, continue. These are people of modest means. Continue to elect these rich cocksuckers who don't give a fuck about them about you. They don't give a fuck about you. They don't care about you at all. At all. At all. You know? And nobody seems to notice, nobody seems to care. That's what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white, and blue dick that's being jammed up their assholes every day. Because the owners of this country know the truth. It's called the American Dream, because you have to be asleep to believe it.”

Wall Street Apes

775,506 görüntüleme • 2 yıl önce