Browse Month: April 2016

Kyle Bass is a Pin Used By Cristina Fernandez De Kirchner To Pop Wall Street

Cristina Fernandez de Kirchner is a socialist despot in Argentina. She runs the country. Or, rather, she abuses the country and says she runs it. The woman is terrible with money. She has defaulted Argentina two times in only thirteen years–that’s the kind of leadership so bad it’s going to be taught in high school classrooms indefinitely. And Cristina Fernandez de Kirchner holds the leash which extends to Kyle Bass as UsefulStooges was first to report, her financial pit-bull on Wall Street.

Kyle Bass has a long history of deliberately undermining successful financial institutions with backhanded tactics for the purpose of making money. He runs a hedge fund in Texas, and he also runs an organization called CAD, the Coalition for Affordable Drugs. CAD uses political pressure to push pharmaceuticals into lowering drug prices. This drops their stock value, and Kyle Bass short sells his holdings, skipping away with tidy sums as often as he can.

Before this, his big claim to fame came from predicting America’s sub-prime lending market would collapse. Here’s the thing: he may have been one of the initiating factors to begin that collapse. Make no mistake, the collapse would have happened with or without Bass–it happened because banks were trading mortgage-backed securities that had no real money behind them; only empty space. You can’t build a house of cards and expect it to stand forever. But Kyle Bass is like a dog on a leash running to that stack of cards and just tearing it up.

Bass did this in March of 2012 when he let slip information to a journalist regarding his previous employer, Bear-Stearns. The journalist then asked a chief executive of Bear-Stearns what his reaction to Goldman-Sachs’ reluctance to accept the “counterparty risk” of Bear-Stearns was. Of course, this was blown out of proportion. At the very time the CSPAN interview was taking place, Goldman-Sachs was sending an e-mail validating the transaction in question. But that didn’t matter, because the damage was done.

Was this done accidentally, or is it part of a bigger plan? Is it possible Cristina Fernandez de Kirchner has been training pit-bull Bass for just this sort of financial dog-fight? Outlandish as that may sound, it is a contention borne by evidence.

Endeavors of Fabletics to Expand Brand

Since founders, Kate Hudson, Don Ressler, and Adam Goldenberg launched their Twitter page in 2013, the brand has expanded its collections to include menswear and dresses for women. Fabletics has added two collections for men; Pro?s Picks and the Hero Pieces. According to Elite Daily, the brand is launching a collection of womenÕs swimwear on April 12th. Hudson described the swimwear as Òsexy, stylish and comfortable for all body-types.? The Dress Shop Collection was launched on April 1st and includes dresses and rompers.

The new swimwear collection comprises of bikinis and one-pieces in a variety of colors and designs. Kate Hudson designed the swimwear and chose high quality material thatÕs recyclable and durable. The collection will be available in sizes from extra-extra small to extra-extra large. The entire swimwear collection will be available on Fabletics online store soon. Presently, Fabletics merchandise is marketed in the United States, United Kingdom, Canada, Netherlands, Germany, France, and Spain.

Fabletics is accomplishing its mission of expanding the brand with diversity of styles and trends for active adults. The collections & trends now includes the Dress Shop, Festive Ready, Away We Go, KateÕs Picks for Fitness, Pro?s Picks, and the Hero Pieces. Consumers are offered an exclusive membership with free shipping on the first order and all purchases thereafter over $49.95.

In the United States, consumers are allowed to make exchanges absolutely free of charge. For new members only, purchase an entire outfit for only $25. The menswear line includes outfits with combinations of polo & pants, polo & cargo shorts, crew tee & utility pants, and polo & shorts. The outfits for women are for yoga, running, gym, and work-out. Select a variety of tops and bottoms, including tanks, sports bras, leggings, pants, shorts, skirts, crops and capris.

Fabletics brings into 2016 Spring season, fabulous swimwear for women of every size according to Wikipedia. The co-founders of Fabletics had affordability and luxury in mind when designing active-wear, casual-wear, and sportswear for men and women. In the beginning of April, the brand introduced its dress wear to the world and very soon, its swimwear for women will be available internationally and are available at: https://www.instagram.com/fabletics/?hl=en

Venezuela is Worried About Electric and Water Shortage

This crisis could bring about a stress of epic proportions. Blackouts are happening everywhere in the city and disrupting the citizen’s lives. This is a stressful situation for the people of Venezuela to be in, especially as the energy crisis is not being efficiently managed.

Venezuela currently has only one energy source, and that is the current state government. Reports from Osio say the government cannot keep up with the countries’ needs for electric.

In addition to the electric being at risk of being shut off randomly, citizens are also worried about their dwindling water supply.

Currently, it is unclear whether or not the situation in Venezuela will get better, as the situation right now is due in part to the unstable government, which does not show signs of improvement.

If you are interested, you can read more by David Osio and the situation here.