Welcome to Sott.net
Fri, 05 Nov 2021
The World for People who Think

Society's Child
Map

Piggy Bank

Awful Wells Fargo's banking scandals are each worse than the last - and the newest one is no different

Wells Fargo
I guess none of this should surprise me anymore.

Our old friends at Wells Fargo are involved in yet another banking scandal. And this one is really bad... people wrongfully lost their homes and ended up on the street.

But before I get into the details of this particularly atrocious mishap, let's have a quick recap of Wells' "greatest hits."

Back in April, Wells was hit with a $1 billion fine for selling 570,000 clients auto insurance they didn't need and also charging mortgage borrowers erroneous fees.

By the bank's own estimates, as many as 20,000 of those clients may have had their cars repossessed as a result of their inability to pay for the insurance Wells Fargo illegally stuck them with.

On the topic of repossessing vehicles, last November, the bank came under fire for illegally repossessing vehicles owned by members of the military.

Broom

Joe Quinn on Sputnik: 'Macron Has United People of France Against Globalism'

paris protests frexit
Over 1,500 people were detained and more than 500 were arrested on Saturday amid more anti-government 'Yellow Vest' protests in Paris, prompting authorities to brace themselves for more violence. Sputnik discussed the ongoing protests with Joe Quinn, Sott.net editor.


Pistol

What an academic's fake history of guns in America can teach us about liberal bias

fake history guns
In 2000, Emory University history professor Michael Bellesiles published the book Arming America: The Origins of a National Gun Culture. The central argument of the book was that the culture of American gun ownership does not date back to the colonial era and, instead, emerged in the middle of the nineteenth century when technological advances made firearms more affordable.

Among the academic left, the book was wildly popular. Scholars gave glowing reviews of the book, and Columbia University awarded Billesiles one of the most coveted prizes in the history profession: The Bancroft. Enhancing his newfound academic fame were the enemies he made, namely the National Rifle Association. Charlton Heston, to the glee of anti-gun academics, vocally criticized the book. Bellesile reveled in the attention, telling Heston that he should earn his PhD before criticizing anybody who has one.

Leftist scholars were thrilled to have an academic book that appeared to thoroughly demolish the notion, so cherished by American gun owners, that the country was founded on a culture of widespread gun ownership. They even admitted as much, with the publisher saying that it was "ecstatic" about publishing it "because the book knocked the gun lobby."1

Comment: See also:


Arrow Down

Three women stabbed at train station in Mulhouse, France

The stabbing took place at the Gare de Mulhouse in France
© Mirror.co.uk
The stabbing took place at the Gare de Mulhouse in France
Mulhouse station in the east of France witnessed the violent attack today, with two of the victims believed to be in a critical condition

Three women have been stabbed in a knife attack at a busy train station in France.

The attack took place at the main train station in the eastern city of Mulhouse - close to the Swiss and German border.

It is believed the unidentified perpetrator, a young male, has been arrested and put in custody by police having fled the scene.

Pills

Medical researchers still routinely hide funding from Big Pharma: 'System is broken'

pills Big pharma money
© REUTERS/Srdjan Zivulovic
A huge proportion of scientists and doctors publishing in major medical magazines continue to conceal ties to corporations relevant to their research, while punishment for not declaring interests remains weak, says a new report.

"The system is broken," Mehraneh Dorna Jafari, assistant professor of surgery at the University of California, Irvine, told the New York Times and ProPublica, an investigative journalism non-profit.

Jafari was one of the authors of a landmark study published back in August that took the names of the 100 doctors receiving the most funding from medical equipment and drug manufacturers, and then studied whether they declared a potential conflict of interest in their published research. Only 37 did.

Comment: In 2017 three of the top five lobby organizations in Washington were associated with the medical industry:
Blue Cross Blue Shield, the American Hospital Association and the Pharmaceutical Research & Manufacturers of America. Is it any wonder they can get away with their criminal behavior?


House

Millennials can't buy homes because they're drowning in student loan debt

kitchen couple
© Tony Anderson/DigitalVision/Getty Images
For many millennials, the idea of homeownership is still a big picture dream, with a new study saying 89 percent plan to purchase a home in the future - but simply can't because of student debt.

According to a recent study released by Apartment List, 6,400 millennial renters nationwide were surveyed in regards to their plan for owning a home. Despite the majority of young people wanting to migrate away from renting, 48 percent have nothing saved for a down payment.

One of the leading reasons, according to Apartment List, is because of the staggering amount of student loan debt many millennials carry.

"Student debt is keeping homeownership out of reach for many millennials," the authors of the study wrote. "We estimate that 23 percent of college graduates without student debt can save enough for a down payment within the next five years, compared to just 12 percent of college graduates who are currently paying off student loans."

Comment: See also:


Wedding Rings

China to crack down on extravagant weddings & rising 'bride prices', marriage etiquette needs to be reformed

Chinese wedding
© Reuters / Damir Sagolj
A customer at the Golden Ladies wedding photography studio in Beijing
Plans for a Chinese bride's dream wedding, as marvelous as her groom can afford, may have to be put on hold. Authorities say that extravagant and pricey ceremonies do not fall in line with national moral values.

The government is concerned about rising 'bride prices' in particular - a goodwill gesture between the two families, when the groom's family pays a dowry to their future relatives. Another issue is that couples invite celebrities and influential people to their big day to show off in front of guests.

To battle such practices China's Ministry of Civil Affairs convened a special meeting in Jinan, Shandong province, last week, where officials from various parts of the country ruled that marriage etiquette needs to be reformed.

Red Flag

Feminist hysteria: The Telegraph publishes article urging men to give their wives permission for infidelity this Christmas

telegraph
The Telegraph UK published a piece yesterday encouraging married couples to, at the very least, discuss the possibility of a "consensual non-monogamous" marriage.

According to the article, titled 'Why men should give their wives a cheat pass this Christmas,' monogamy might not be the only approach to long-term relationships, because "contrary to popular opinion, women tire of their sexual partners faster than men, and need just as much sexual adventure and novelty as their male counterparts - if not more."

The article goes on to argue that monogamy is hard, citing a YouGov study that showed one in five British adults said they had an affair. "Once we admit [monogamy is hard], it will provide such a wonderful relief to a lot of people."

Comment: Sign up lads, you wouldn't want to be "intolerant", would you? One hopes all the mindless supporters of the destructive ideology of 'tolerance' and 'inclusivity' will be happy to lie in the bed (figurative and literal) they are making. The idea of cuckoldry for the women in a marriage is certainly spreading through the liberal media. The NY Times recently published an article on that subject titled "When a Boyfriend Joins the Marriage". Women for years have bemoaned the ability and willingness of men to have a mistress, and now it appears that it wasn't really about monogamy. It's an idea that is spreading like wildfire through the feminist-infested liberal media:

cuckoldry



Red Pill

Internet blasts Ocasio-Cortez after she threatens Trump Jr. with subpoena for making a joke

trump jr. and ocasio cortez
© (Saul Loeb / AFP / Getty Images; a katz / Shutterstock)
Alexandria Ocasio-Cortez is having a rough introduction to national politics. The self-described socialist who was elected to Congress in November may not have even taken office yet, but she's already a bit over her head.

On Thursday, the president's son Donald Trump Jr. posted a meme teasing Ocasio-Cortez with a jab at her far-left proposals. "Why are you so afraid of a socialist economy?" the text over a photo of the young and wide-eyed lawmaker asked.

"Because Americans want to walk their dogs, not eat them," joked text over a picture of President Trump.

It was apparent to anybody with half a brain that the meme was referring to Venezuela, the socialist country which has become an impoverished dump, and where citizens have been forced to eat their own pets to fend off starvation. Naturally, Ocasio-Cortez didn't get it.

Bulb

Dutch hospitals will stop using US body brokers citing ethical concerns

Dutch hospitals
© REUTERS/Eva Plevier
Outside view of Erasmus MC Medical Center in Rotterdam, Netherlands December 8, 2018.
Two major Dutch hospitals say they will stop importing human body parts from American firms, which they have been doing without any regulation for a decade.

The hospitals told Reuters in recent weeks they made their decisions on ethical grounds. The move comes amid investigations by U.S. law enforcement into some so-called body brokers - companies that obtain the dead, often through donation, dissect them and sell the parts for profit.

Earlier this year, Reuters reported that one broker under scrutiny by the U.S. Federal Bureau of Investigation - Portland, Oregon-based MedCure - has used a Dutch hub to distribute tens of thousands of kilograms of human body parts across Europe since 2012. U.S. authorities suspect MedCure sold body parts tainted with disease to American and foreign customers, a concern triggered in part by such shipments to Canada and Hong Kong, according to people familiar with the investigation.

Reuters found that importers of U.S. body parts included two Dutch hospitals. The news agency uncovered no evidence body parts used in the Netherlands were infected, but the Dutch hospitals said they would drop the suppliers in response to reporting by Reuters which raised questions about how the brokers acquired body donations.

Comment: See also: