mkultrawide [any]

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Joined 2 years ago
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Cake day: August 2nd, 2022

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  • House Oversight committee is actually one of the most powerful/important committees in Congress. It's has oversight over the entire federal government and is also responsible for investigations (like Benghazi or 9/11), and the chairman has the ability to issue subpoenas without committee approval, although that's not done much anymore. AOC is actually already the vice chairman and theoretically should have been next in line to be the ranking Dem. I wonder if she was promised the chair in return for her support for Biden/Harris and the Pelosi fucked her over.




  • NYPD decided to do a perp walk photo op with Luigi:

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    This seems to have pretty much backfired on social media, for obvious reasons (this picture objectively goes hard). Lots of people comparing him to pics of Superman in handcuffs or saying they are treating him like a supervillain in Gotham.

    Oh, also, that's Eric Adams directly to his right behind him. He might have given a speech about how Rikers is the Blackgate Penetentiary of New York, I am trying to check.





  • A grand jury is a legal setting in which like upwards of 40 people are part of a jury that determines whether or not prosecutors have enough evidence to change someone with a felony. The proceedings are secret and only become public if the grand jury determines that the prosecutors have enough evidence to try said person/people in court, also known as issuing an indictment or being indicted. Only the prosecutors are present for a grand jury. The accused don't get to defend themselves, and the prosecution doesn't have to present exculpatory evidence.

    The joke in the American legal system is that prosecutors could "indict a ham sandwich" because the grand jury process is very easy to manipulate to make your case look stronger than it is (or weaker, for that matter).







  • After relentlessly bending the knee to "mama bear" Nancy Pelosi and the Dem establishment, all while providing cover for American participation in the Gaza Genocide with progressive voters, AOC lost the vote for top Dem spot on the House Oversight committee to Gerry Connolly, a 74-year old Democrat from Virginia with throat cancer, after Pelosi threw all her weight behind Connolly.

    Serves that worm right lol.



  • Recession is coming, more likely than not, in the next two years IMO. Corporate debt maturities are starting to hit on companies that were early adopters of liability management exercises and weren't able to turn operations around, and creditors aren't as willing to amend and extend anymore. Restructuring firms (bankruptcy consulting) are seeing a big uptick in business. A lot more PE firms are having trouble getting out of investments at the multiples they planned on, or even finding a buyer, and are starting to be more selective about their investment.