Casino Gaming Worker Salary the United States - SalaryExpert

B.C. casino worker doubled his salary through tips, but court rules he must pay tax on it

B.C. casino worker doubled his salary through tips, but court rules he must pay tax on it submitted by StartedGivingBlood to metacanada [link] [comments]

Worker at casino, but spending all my salary to the other casino.

I know the possibilities of winning, but cant help myself to spend my salary at other casino. I am always thinking i am the ONE. I seeked for help wanted some treatments and all what they do is repeating themselves about the numbers and possibilities which i know already since i am doing the numbers of slot machines in and out daily. Any advice?
submitted by GamblingAddict01 to Advice [link] [comments]

Dec/29/2020 news: \\ political party law reformed: idea > individual; transparency; female % \\ Pashinyan responds to "not being enough pro-Russian" \\ who owns which business? \\ protests & snap elect. \\ burglary case & HHK MP \\ humanitarian aid for Artsakh \\ Vitalik flexes muscles \\ bills pass

Your 14-minute Tuesday report in 3589 words.

Pashinyan about pre-war negotiations and "avoiding" the war:

The idea that a flexible foreign policy could have avoided this war is being constantly circulated. Those [former officials] who believe in this thesis must answer at least one question: as a result of their "flexible" policy, why was it not possible to avoid the war of 2016, which was preceded by the unprecedented escalation of 2015 and 2014?
The "flexible" policy adopted by Armenia for many years led to the introduction of Russian proposals in January 2016, which proposed the return of 7 territories (5 + 2) without any legal status for Nagorno-Karabakh.
Why did Russia make such an offer? For one simple reason, as a result of Armenia's "flexible" policy, the Madrid process had come to a standstill because Artsakh could receive a Status outside Azerbaijan only with the consent of Azerbaijan.
It was obvious to Russia and everyone else that Azerbaijan would not agree to this, so it was necessary to find ways to break the deadlock.
And, by the way, if certain people claim that Armenia's foreign policy after 2018 was not sufficiently pro-Russian and this was the reason for the war, then why in the conditions of the "sufficiently pro-Russian" policy of 2016 were Russian proposals born and why did the April war take place?
There was only one way to prevent this war: return the regions and forget about Artsakh's legal status. Now, after the war is over and we know the outcome, the number of supporters of [giveaway of 7 regions] is growing. What they forget is that if we gave away the lands to avoid the war, we would have the same situation in Syunik borders. They used to accuse us of "selling lands" [he means the contradictory statements like Nikol sold the lands, and why didn't Nikol sell the lands earlier to avoid the war].
The biggest failure by the supporters of the "flexible policies" is that they spent years trying to avoid a war instead of preparing for it. Our biggest failure is that we weren't able to recover enough embezzled public property in the past 2.5 years to help us better prepare for the war.

businesses owned by opposition leaders

What are the known businesses owned by some of the famous people you might have seen in the public square lately?

Vazgen Manukyan

20% share in Lorva Amrots Ltd which plans to operate two hydro-power plants on Dzoraget river. Manukyan purchased the shares in 2011 after being appointed by Serj as the head of the Public Council.
In 2015-2016, he owned 30% shares in Vanavka Group. In 2015-2017 he had 30% shares in Jermakunq Group. These companies extracted and bottled water. At the time, the director of these companies was charged with illegal bottling and causing ֏55 million in damages to the state. The corruption case was sent to the IRS, which terminated the investigation after "not finding a crime". The companies export the products mostly to Russia.

Arthur Vanetsyan

Vanetsyan is a poor boy, according to the public declarations database. But if you have time, take a look at the investigative report I covered in Ap29/2020 news, according to which Vanetsyan's family allegedly used offshore firms and owns mining shares. More on that here. Here is a Hetq investigative report.
Vanetsyan's father owns AV Group flower importing business. About a year ago, the police investigated several flower sellers near a stadium. An opposition outlet claimed that the sellers were "beaten and forced" to testify that Vanetsyan's father was running an underground business. This was never properly proven and the opposition's claim that Vanetsyan was about to be charged did not happen. The police confirmed that there was an investigation against several flower sellers. These flower sellers ended up hiring Vanetsyan's co-party-creator Arsen Babayan as a lawyer.
Vanetsyan's father owns 50% shares of A B Export oil import company that began operating in 2017. It was a minor player that quit the market in 2019. Vanetsyan's father also owns 60% of A B Trans transportation company.
In Nov/2019, CivilNet wrote about Arthur Vanetsyan's cousins' possible involvement with Zangezur Copper factory (massive business). The same offshore firm in Cyprus, which purchased Zangezur shares, was tied to Vanetsyan's cousins' another business in the same offshore.
Vanetsyan's cousins also own a Switzerland-based Exoil wholesale cooking oil and shipping company. In 2019 it had a revenue of $148 million (11 billion Rubles). The cousins don't do this business in Armenia.
Per 2019 registration, Arthur Vanetsyan himself owns one apartment, $10,000, and ֏1 million.
Media reported in May/2020 that Vanetsyan's cousin purchased a ֏300 million mansion in Yerevan, which was donated to then-new political party "Hayreniq", co-founded by Arthur Vanetsyan and Arsen Babayan (the guy who is accused of helping HHK to fabricate documents in 2018 to hijack the Constitutional Court by appointing HHK MP Hrayr Tovmasyan as a judge).
Arthur Vanetsyan's mother served as the chief of the personnel-management department in Serj and Pashinyan administrations, before quitting and working as Serj's aide.
Vanetsyan's wife owns Villa Montessori preschool in Yerevan. She also runs the Young Education Center Ltd.

ARF Ishkhan Saghatelyan

Pashinyan appointed Saghatelyan as Gegharquniq governor for a brief period after the 2018 revolution, when Pashinyan created a unity-government, represented by all political parties. The honeymoon soon ended and each party went their way.
Saghatelyan owns shares in i-mega Service Ltd. It's a tourism agency founded in 2006. It operates in Armenia, Artsakh, and Georgia.
Saghatelyan founded Navasar company and serves as director. It's owned by his father.
Saghatelyan family owns the Tsovasar hotel complex on Lake Sevan shores. It's 10,000 m2 (a hectare?).
As of 2018, Saghatelyan declared ownership of 8 pieces of land, 2 apartments, ֏18.5 million, $45,000, and €15,000.
Saghatelyan's father is the mayor of Gegharquniq's Geghamavan settlement. This municipality had recently sent a letter demanding Pashinyan's resignation.
Saghatelyan used to be a shareholder of Shiman Ltd which is no longer active.

BHK leader Gagik "dodi gago" Tsarukyan

BUCKLE UP, KIDS! Overall, Tsarukyan runs 54 companies. Студент, комсомолец, спортсмен, u наконец, он просто красавиц.
His business empire was covered in details here. Textile, gas stations, malls, Multi Group empire, Shangri-La Casino, Ararat Cognac & Wine Factory, BMW official office Euromotors (also Hyundai, Gazel, Niva), Multi Motors, Magas Invest, Multi Wellness, Olimpavan sports complex, Kotayk beer factory, TechnAlyumin door & window factory, Multi Rest House hotel chain, Paravon luxury restaurant, Onira Club, Zvartnot's airport's upper-level service company Avia Service, Farm Adama, Multi Pharm pharmacy, Multi Leon gas stations, Multi Solar solar panels.
He owns shares in Frank Mueller Yerevan watch company, Fortsa, Multi Gold, Multi Diamond jewelry firms, several fish-breeding businesses.
He also runs businesses in Russia, Belarus, Ukraine, Czechia, Bulgaria, Cyprus, Latvia.
Per official declaration, he owns $168 million, €29 million, ֏675 million, 14 pieces of land, 6 houses, 2 public buildings, 1 apartment.
Details for BHK MP Mikael Melkumyan and HHK Vahram Baghdasaryan in the link below.Զանգեզուրի-պղնձամոլիբդենային-Մաքսիմ-Հակոբյանի-ու-նրա-որդու-փոխարեն-նոր-բաժնետերեր-Ժնևից-և-Աջափնյակից/369792Բենզինի-շուկա-Արթուր-Վանեցյանի-հայրը-դուրս-է-եկել-ոլորտից-Միքայել-Մինասյանի-մերձավորը՝-խոշորների-մա/182670

opposition continues the demonstrations

The street demonstrations, organized by the former regime and its allies, continue. They demand Pashinyan's resignation and the appointment of their candidate Vazgen Manukyan as the Prime Minister for the duration of a year, after which they agree to hold new elections.
ARF leader Artsvik Minasyan said they don't plan to discuss snap elections with Pashinyan. "Right now, our only demand is Pashinyan's resignation. We demand SIS to immediately hold every criminal accountable". The demonstrators gathered in front of the SIS building to present the demands.

Pashinyan meets leaders of several opposition parties

QP leader Lilith: there is a possibility there will be a meeting between Pashinyan and the three Parliamentary political parties. They could discuss snap elections. The impression is that politicians who demand Pashinyan's resignation do not want snap elections in an attempt to bypass the citizen's right to form a government. Our political team reaffirms the position that none of us is clinging on seats. //
LHK MP Gorgisyan: we cannot hold snap elections now, under this chaotic situation. We will discuss snap elections if Pashinyan discusses his resignation and transfer of power. (LHK wants its leader Marukyan to be elected as Prime Minister by a Parliamentary vote) //
Pashinyan met BHK leader Tsarukyan. The latter is against holding snap elections unless Pashinyan resigns now, and presumably, he wants Vazgen Manukyan appointed as PM.
LHK leader Marukyan also wants Pashinyan to resign now so a new Prime Minister can form a new government cabinet "consisted of experts". , , , , ,

felony case: ex-HHK MP charged with armed attack on ex-IRS official

In August of this year, Russia extradited a former HHK MP Alraghatsi Lyovik to Armenia. He was wanted for allegedly burglarizing and shooting at a senior IRS official a decade ago. At the time, his case was "frozen". It was relaunched in 2018. (magic wand)
NSS says: suspect Lyovik, with the help of citizens AK and AN, organized an armed burglary against IRS Chief (?) Avetisyan in 2008.
AK was in the United States. In 2004, he stole $150,000 from jewelry shops in Los Angeles. He got caught but managed to flee to Armenia.
Once in Armenia, AK colluded with policeman AN to organize a similar criminal ring in Armenia.
[MP] Lyovik personally knew AK, and learned about their burglaries. Since Lyovik had bad relations with the IRS chief (victim), he decided to punish the victim by urging AK to burglarize his house. Lyovik revealed the plot to his brother-in-law, who happened to be the victim's personal aide. The latter gave all the personal habits and details about the victim to the burglars.
[read the article for the full story, or wait for a Hollywood movie in theaters near you]
The burglars and organizers are charged with felonies. , , , , ,

Russian Orthodox chapel will be built

... in the Armenian settlement near Nakhijevan where Azerbaijan had earlier shut down a Russian helicopter, which killed and wounded Russian pilots. It'll be on a hill in Yeraskh. Construction starts on January 6th.

Russian peacekeepers conducted training

... to stay in shape. A report by WarGonzo's Semyon Pegovn who returned to Artsakh to meet the New Year there.

Russia and Turkey comment

Russian MFA: The situation in Nagorno-Karabakh should not be used for the infiltration of foreign mercenaries into the region. Here we have exactly the same position as our Turkish partners.
Turkish MFA: we see that a ceasefire has been established. We hope to establish the joint RU-TR monitoring center soon. ,

Vitalik Balasanyan will return the lands, kicks junkies, and restrict Facebook

Artsakh President Arayik earlier announced that he will allow his opponents to take jobs in the new coalition government. Kocharyan-ally Vitali Balasanyan became the Security Council chief.
Vitalik: we will return Hadrut and Askeran region with the help of Russian and Armenian military-political efforts. We are in a better situation now to solve territorial issues.
We will soon create border guard forces. It will report to MoD, which will report to the Security Council (his office).
Drugs have no place in Artsakh. Drug users must quit or leave Artsakh now.
We need to return to traditional values of giving women as wives after asking if the man had served in the army.
No public official will be allowed to use Facebook during work.

search operations are paused / the "welcome to Azerbaijan" sign

Azerbaijan received criticism for refusing to allow search teams to enter the Hadrut region yesterday. They also prevented UNESCO from checking the status of several Armenian cultural sights, after complaining that UNESCO was "biased" against Azerbaijan during the war.
HR Ombudsman: Any untrue information can not be a reason to disrupt the humanitarian process [referring to unconfirmed rumors on social media that Armenians opened fire at Azeris in Hadrut. An unofficial Iranian social media channel claims 3 Azeris were killed but due to an internal fight.]
The Human Rights Ombudsman also criticized the Azeri troops for installing a provocative "welcome to Azerbaijan" sign on part of a road that went under Azeri control near Syunik borders. The Ombudsman says it's meant to intimidate the locals. , , ,

Parliament votes: BHK MP Naira Zohrabyan's chairmanship

Context: BHK MP Naira Zohrabyan referred to the majority of Armenian voters as human trash *(or as she says: impure), and called for the establishment of forced re-education camps so people won't vote for a "wrong party" again. The ruling QP party launched a process to terminate her chairmanship in Parliamentary Human Rights Committee. Read yesterday's thread for more details.*
QP MP Arthur: the law states that the Parliament can appoint and terminate the chairman. The termination of this seat does not require the same procedures as in the case of MPs and Judges. Armenian Constitution states that in Armenia, human beings are of the highest value, and inalienable human dignity is the inseparable basis of their rights and freedoms. MP Zohrabyan's public conduct is against it. //
The law gives the second-largest political party the mandate to appoint the chairman of this particular Committee. BHK, being the second-largest party, said they wouldn't appoint a replacement if Zohrabyan is voted out.
QP MP Arthur: per rules, if BHK refuses to appoint a new candidate, the largest (QP) party will receive the mandate. //
Parliament voted 78-4 to terminate Zohrabyan's chairmanship. BHK and LHK did not vote.
BHK MP Zohrabyan: this termination was a Constitutional crime. , , ,

Parliament votes: registering parties becomes easier / ideology instead of person / financial transparency

The goal of this reform is to have political parties that are more about ideology and less about an individual. The reform will boost internal democracy within parties; it will expand the powers of the Party Assembly.
Parties will be required to add more anonymous voting mechanisms.
The law also requires more financial transparency.
The required membership to register a party is lowered from 800 to 300.
Some of the public funding given to political parties will depend on the % of female members in the administrative boards.
Parliament voted 99-1 to approve it. ,

Parliament votes: monthly fees towards soldiers' recovery are raised

Most workers pay a monthly 1000 Dram towards the Soldiers' Fund, which takes care of wounded soldiers and families of those who died. The govt found it necessary to raise the fee to cover thousands of new recipients. Here are the new fees and salary brackets:
֏1,500 for < ֏100k/month
֏3,000 for < ֏200k
֏5,500 for < ֏500k
֏8,500 for < ֏1 million
֏15,000 for > ֏1 million
Parliament voted 89-0 to approve it.

Parliament votes: ban on public smoking is delayed until 2022

The govt had adopted a law to ban smoking in public cafes and the public display of cigarettes in grocery shops. The ruling party wanted to delay parts of the bill that were set to go into effect in January, citing possible financial issues for businesses caused by the pandemic.
QP MP: the cigarette industry pays $383 million to state coffers.
Healthcare Ministry: it will be a mistake if you delay this bill for the sake of $10 million in tax revenues.
Parliament voted 86-0 to delay the anti-smoking bill until 2022.

Parliament votes: no tax on goods donated to Armenia

QP MP: When you donate a charitable product to the Republic of Armenia, you are exempt from customs duties and other tax payments, except for one payment, which we are trying to exempt with this bill as well. //
Parliament voted 80-0 to approve it.

how is the Judicial Branch doing?

The Supreme Court protects or punishes judges. It also handles complaints. It's separate from the Constitutional Court.
bad boys
19 complaints against judges were heard, 14 of which were petitioned by Justice Ministry and 4 by Judicial Ethics Board. 10 judges ended up receiving disciplinary penalties, 3 received a warning, 3 were reprimanded, 2 were terminated, 4 were cleared.
the system is overloaded
61 judges are handling 6470 felony cases.
86 judges handle 175,940 civil cases.
24 judges handle 17,390 administrative cases.
The number of Arbitration cases rose from 3100 to 9900.
This year, Supremes appointed 20 new judges. Supreme's budget remained the same this year. They returned ֏607 million in savings back to state coffers. ,

anti-corruption: SIS busts an IRS agent

SIS says: IRS border inspector took a bribe from a citizen to help him avoid paying Millions of ֏ in import taxes by splitting a large load into smaller pieces, so each piece would fall below the taxable threshold.

IRS wants you to file less paperwork

IRS says the latest reforms will help the exporters and simplify the process in which Armenia is used as a transit country for trade. Some tasks can be done online.

update: electricity prices

...won't go up for low-income families or those using less than 400 kWh. That's 90% of consumers. The rest will pay 3 Drams more. The rates are presented (6-10¢):

police to guard Lake Sevan against poachers

Police and Nature Ministry have set up additional checkpoints as part of measures against whitefish poaching in Sevan. 24/7 monitoring on all alleys leading to the lake. They will also travel across markets to catch contraband whitefish.
Why? It's the egg-laying season. Fishing is banned for now. The legally-allowed fishing tools were temporarily removed from the lake.

rare Caucasus Leopard is spotted by cameras again

"only 10% of villagers should do agriculture"

...the rest should have access to other jobs. There is an opportunity now because many businesses operate remotely. Call Center workers don't have to visit an office. Businesses would rather pay less to hire a rural remote worker than more to hire someone in a Yerevan office.
The High Tech Ministry has an ongoing program to teach IT to 5,000 citizens. We must help workers to expand their skillset. We're working on a program to allow a worker to quit the job, not worry about the food on the table, and have enough time for education and learning new skills.
The villagers should ideally lease their smaller lands to large agricultural producers," said Economy Minister Qerobyan.
Full interview:

State regulators bust another price-fixing ring: fruit mafia

Yesterday, the Economic Competition Committee busted the egg industry's alleged price-fixing and anti-competitive practices. Today they say a similar collision was observed in the orange, mandarin, kiwi, lemon industry.
The companies Best Fruits, Art-Fruits, and Promout were slapped with a ֏39 million in penalties for colluding to raise the prices for the products that had an increased demand during the pandemic period.

Lenovo slapped for "anti-competitive practice"

The Economic Competition Committee heard a petition filed by Oazis Computer company against Lenovo. The latter was issued a warning for anti-competitive behavior.
Public Regulator: "Lenovo" company had the ability to influence the process of importing Lenovo computers to Armenia from non-EAEU trade bloc countries. "Lenovo" took steps to reduce the import of Lenovo computers from non-EAEU states, by discriminating against Oazis Computer importer. Lenovo is given a month to correct the issue and fix the requirement and standards related paperwork.
(Facebook next?)

Artsakh will also increase childbirth benefits

First child: ֏300k instead of ֏100k
Second child: ֏300k instead of ֏200k
(or ֏500k if one parent is disabled)
As for monthly child care subsidy payments, it goes from ֏15k to ֏27k until the child turns 2.

year wrap-up: births in capital Yerevan

girls 2019: 10173
girls 2020: 10489
boys 2019: 11251
boys 2020: 11430

year wrap-up: tax revenues

2018: ֏1.257 trillion
2019: ֏1.458 trillion
2020: ֏1.379 trillion

COVID stats

+2483 tested. +348 infected. +22 deaths. +1267 healed. 13881 active.

chess news

Levon Aronyan has advanced to the Airthings Masters quarter-finals where he will play against Hikaru Nakamura. He is 1pt behind the leaders. The winner receives a $60,000 prize.

French city of Valence to name a street

... after Artsakh capital Stenapakert. It already had Ijevan Park, Armenia Street, and Yerevan Street. Stepanakert Street will be located in a newly built district. There will be Toros Street as well.

Italian city of di Lovere has officially recognized the Artsakh Republic

Kapan Medical Center has a new CT scanner

... thanks to generous diasporan donors like you. The first one was installed during the war in Goris city.

Artsakh children receive New Years' gifts

Focus on Children Now charity organization distributed gifts to hundreds of Artsakh kids residing in Gegharquniq province. Backpacks, clothing, items of basic necessity, money, and postcards written by kids living in the United States.

Himnadram donates to refugee families

700 Artsakh families continue to live in 40 settlements of Gegharquniq province. The All Armenia Fund ( has provided food and household items to 241 families ahead of New Year.

daily life in Syunik bordering villages Shurnukh and VorotanՇուռնուխ-Որոտան․-կյանքը-անկոչ-հարևանների-հետ/414772

donations for Artsakh & recovering soldiers (recovering soldiers & their families) (for Artsakh & Armenia) (U.S. tax-deductible)

archive of older posts

Armeniapedia's archive of my daily news threads:


All the accused are considered innocent unless proven guilty in the court of law, even if they "sound" guilty.
submitted by ar_david_hh to armenia [link] [comments]

5 Strategies in Quant Trading Algorithms

Hey everyone, I am a former Wall Street trader and quant researcher. When I was preparing for my own interviews, I have noticed the lack of accurate information and so I will be providing my own perspectives. One common pattern I see is people building their own algorithm by blindly fitting statistical methods such as moving averages onto data.
I have published this elsewhere, but have copy pasted it entirely below for you to read to keep it in the spirit of the sub rules. Edit: Removed link.

What it was like trading on Wall Street

Right out of college, I began my trading career at an electronic hedge fund on Wall Street. Several friends pitched trading to me as being a more disciplined version of wallstreetbets that actually made money. After flopping several initial interviews, I was fortunate to land a job at a top-tier firm of the likes of Jane Street, SIG, Optiver and IMC.
On my first day, I was instantly hooked.
My primary role there was to be a market maker. To explain this, imagine that you are a merchant. Suppose you wanted to purchase a commodity such as an apple. You would need to locate an apple seller and agree on a fair price. Market makers are the middle-men that cuts out this interaction by being always willing to buy or sell at a given price.
In finance lingo, this is called providing liquidity to financial exchanges. At any given moment, you should be confident to liquidate your position for cash. To give a sense of scale, tens of trillions in dollars are processed through these firms every year.
My time trading has been one of the most transformative periods of my life. It not only taught me a lot of technical knowledge, but it also moulded me to be a self-starter, independent thinker, and hard worker. I strongly recommend anyone that loves problem solving to give trading a shot. You do not need a mathematics or finance background to get in.
The trading culture is analogous to professional sports. It is a zero sum game where there is a clear defined winner and loser — you either make or lose money. This means that both your compensation and job security is highly dependent on your performance. For those that are curious, the rough distribution of a trader’s compensation based on performance is a tenth of the annual NBA salary.
There is a mystique about trading in popular media due to the abstraction of complicated quantitative models. I will shed light on some of the fundamental principles rooted in all trading strategies, and how they might apply to you.


One way traders make money is through an arbitrage or a risk free trade. Suppose you could buy an apple from Sam for $1, and then sell an apple to Megan at $3. A rational person would orchestrate both legs of these trades to gain $2 risk free.
Arbitrages are not only found in financial markets. The popular e-commerce strategy of drop-shipping is a form of arbitrage. Suppose you find a tripod selling on AliExpress at $10. You could list the same tripod on Amazon for $20. If someone buys from you, then you could simply purchase the tripod off AliExpress and take home a neat $10 profit.
The same could be applied to garage sales. If you find a baseball card for $2 that has a last sold price on EBay for $100, you have the potential to make $98. Of course this is not a perfect arbitrage as you face the risk of finding a buyer, but the upside makes this worthwhile.

Positive expected value bets

Another way traders make money is similar to the way a casino stacks the odds in their favour. Imagine you flip a fair coin. If it lands on heads you win $3, and if it lands on tails you lose $1. If you flip the coin only once, you may be unlucky and lose the dollar. However in the long run, you are expected to make a positive profit of $1 per coin flip. This is referred to as a positive expected value bet. Over the span of millions of transactions, you are almost guaranteed to make a profit.
This exact principle is why you should never gamble in casino games such as roulette. These games are all negative expected value bets, which guarantees you to lose money over the long run. Of course there are exceptions to this, such as poker or card counting in black jack.
The next time you walk into a casino, make a mental note to observe the ways it is designed to keep you there for as long as possible. Note the lack of windows and the maze like configurations. Even the free drinks and the cheap accommodation are all a farce to keep you there.

Relative Pricing

Relative pricing is a great strategy to use when there are two products that have clear causal relationships. Let us consider an apple and a carton of apple juice. Suppose there have a causal relationship where the carton is always $9 more expensive than the apple. The apple and the carton is currently trading at $1 and $10 respectively.
If the price of the apple goes up to $2, the price is not immediately reflected on the carton. There will always be a time lag. It is also important to note that there is no way we can determine if the apple is trading at fair value or if its overpriced. So how do we take advantage of this situation?
If we buy the carton for $10 and sell the apple for $2, we have essentially bought the ‘spread’ for $8. The spread is fairly valued at $9 due to the causal relationship, meaning we have made $1. The reason high frequency trading firms focus so much on latency in the nanoseconds is to be the first to scoop up these relative mispricing.
This is the backbone for delta one strategies. Common pairs that are traded against each other includes ETFs and their inverse counterpart, a particular stock against an ETF that contains the stock, or synthetic option structures.


Correlations are mutual connections between two things. When they trend in the same direction they are said to have a positive correlation, and the vice versa is true for negative correlations. A popular example of positive correlation is the number of shark attacks with the number of ice-cream sales. It is important to note that shark attacks do not cause ice-cream sales.
Often times there are no intuitive reason for certain correlations, but they still work. The legendary Renaissance Technologies sifted through petabytes of historical data to find profitable signals. For instance, good morning weather in a city tended to predict an upward movement in its stock exchange. One could theoretically buy stock on the opening and sell at noon to make a profit.
One important piece of advice is to disregard any retail trader selling a course to you, claiming that they have a system. These are all scams. At best, these are bottom of the mill signals that are hardly profitable after transaction costs. It is also unlikely that you have the system latency, trading experience or research capabilities to do this on your own. It is possible, but very difficult.

Mean reversions

Another common strategy traders rely on is mean reversion trends. In the options world the primary focus is purchasing volatility when it is cheap compared to historical values, and vice versa. Buying options is essentially synonymous with buying volatility. Of course, it is not as simple as this so don’t go punting your savings on Robinhood using this strategy.
For most people, the most applicable mean reversion trend is interest rates. These tend to fluctuate up and down depending on if the central banks want to stimulate saving or spending. As global interest rates are next to zero or negative, it may be a good idea to lock in this low rate for your mortgages. Again, consult with a financial advisor before you do anything.
submitted by chriswugan to algotrading [link] [comments]

Singapore expat jobs under threat in recession, local hire push
Singapore has long been the city of choice for Western expats wanting an easy entree into Asia. Clean, efficient, with low tax rates, it's often seen as rivalling Hong Kong, especially with that city hit by street protests and unrest over China's new national security law.
Yet just when Singapore should be a magnet for global talent, some recruiters say the barriers to entry are mounting. The city is facing the worst recession in its history, forcing a rethink for some firms on expansion and hiring plans. Alongside soaring unemployment has come a spike in rhetoric against foreigners, seen by some Singaporeans as taking jobs from locals.
An experienced nurse from New Zealand is finding out how tough it can be. She seemed, on paper at least, the ideal expat - arriving with her partner right before Covid-19. But 11 months and over 200 failed applications later, she says she's on the verge of going home, unable to land a work pass.
She was told by companies that they have a quota and the quota is met, she said, asking not to be identified for fear of jeopardising her partner's work permit. When attempts to volunteer at hospitals were similarly rejected, she said she felt like she didn't belong.
The uncertain job prospects, online commentary and stricter conditions risk making Singapore a less welcoming destination just as the city-state needs foreign investment the most. And as workplaces clamp down on hiring it could further limit the options for expats who have long seen a stint in Asia as an important and lucrative experience.
The Singapore government has added to their angst by taking steps to promote local hiring, raising concern that it will come at the expense of expats. Earlier this month, it put 47 companies on a watch list for suspected discriminatory hiring practices. The list includes banks, fund managers and consulting firms that may have pre-selected foreigners for jobs or not given Singaporeans a fair chance. This adds to the 240 companies already under scrutiny. The names of the firms weren't disclosed.
And in May, it tightened the framework that governs employment passes for foreigners, increasing the minimum monthly salary to S$3,900 and further expanding rules requiring employers to advertise job openings to locals first. The government said on Wednesday it plans to raise that salary threshold further.
"I wouldn't be surprised if there was a contraction in the number of visas issued because the demand for foreigners is going to be less" in the near term, said Hays regional director for Singapore Grant Torrens, citing the sharp contraction as the main driver.
The role of foreign workers became a key election issue this year, with several opposition candidates campaigning on claims that overseas talent is taking local jobs. The Workers' Party, which clinched more seats than ever, published a manifesto that included tightening employment pass approvals.
"The only reason we have foreigners here is to give an extra wind in our sails when the opportunity is there," Minister of Foreign Affairs Vivian Balakrishnan said in a televised election debate in July. "Now we are in a storm, and we need to shed ballast." Dr Balakrishnan's office said in response to Bloomberg queries on the comment that there will be a disproportionate impact on the foreign workforce in a downturn.
Foreign workers on employment passes - the sort issued to highly skilled workers as opposed to work permits for blue-collar jobs - typically comprise around 5 per cent of the total workforce. Yet among top managers and professionals in some key sectors, the ratio of foreigners can be much higher. Non-Singaporeans made up 57 per cent of senior management roles across the financial services sector, the government said in August.
Andrew Zee, team lead for financial services at Selby Jennings, said some of his job candidates were recently denied permits - a first for him in more than four years - though they were later approved on appeal.
Sirva Inc, which owns Allied Pickfords, said inquiries from people wanting to move to Singapore in the first seven months of the year were down 23 per cent from the same period in 2019, according to Amanda Jones, senior vice-president of sales and account management. Ms Jones doesn't expect to see expat executives coming to Singapore at pre-Covid numbers until 2022 at best, especially given travel curbs and the recession.
The shift is starting to be felt in the real estate market. Ella Sherman, an associate executive sales director at Knight Frank in Singapore who specialises in expat housing, says she normally signs about four rental agreements a month this time of year. Now she's lucky to secure one, and knows of several clients heading home.
Beyond the economic woes and the pandemic lies an unease over foreigners in the country of just 5.7 million people. This has surfaced in public calls, often on social media, for more hiring of locals. When a Facebook post targeting foreign executives at US$215 billion investment giant Temasek Holdings went viral this month, chief executive officer Ho Ching responded with a post of her own describing it as "a cowardly act of hate". JOB CUTS
Companies are taking pains to describe their efforts to retain Singaporean jobs. When Millennium Hotels and Resorts laid off 159 employees this month, it noted that the move lifted its "core" Singaporean workforce to 69 per cent. After casino operator Resorts World Sentosa (RWS) reportedly cut 2,000 jobs last month, the Ministry of Manpower issued a statement saying the majority of affected workers were foreigners.
"After the retrenchment exercise, RWS has a stronger Singaporean core," the ministry said.
Even expats abroad are feeling the pinch. One worker was overseas and between jobs when the pandemic struck. Though he quickly found a new position, he said his employment pass submission has been rejected several times with no explanation.
He's now stuck in Europe paying rent for his empty home in Singapore, unable to return until his visa gets approved. He declined to be identified for fear of jeopardising his application. He said the rising anti-foreigner rhetoric was equally worrisome.
For some, the social tensions were brought to the fore when a few expats were caught breaching government-imposed lockdowns by drinking and mingling outdoors without masks in May. The incident sparked an ugly debate on social media and prompted a minister to caution against the "visceral reaction" by locals. The offenders were fined and banned from working in Singapore, as were 134 others over May and June.
To be sure, some politicians are urging calm. Singaporeans want assurances that the government will continue to create opportunities and provide fair treatment, but a vast majority "understand that staying open and connected is very important to Singapore", Manpower Minister Josephine Teo said on Wednesday.
Singapore isn't alone in fighting for local jobs. US President Donald Trump signed an executive order this month barring federal agencies from replacing citizens or green card holders with foreign workers.
And the city-state's status as a finance hub ensures it will always be magnet for foreign talent. Citadel, the hedge fund run by billionaire Ken Griffin, announced this week it's opening a Singapore office, as did Sun Life Financial, Canada's second-biggest insurer.
"Singapore remains an attractive destination," said Rahul Sen, the global head of private wealth management at Boyden, an executive search firm. "New businesses that were thinking of setting up in Hong Kong to attract Greater China wealth are thinking of setting up shop in Singapore."
Even so, the avenues for many are narrowing. The nurse from New Zealand has started reaching out to healthcare providers back home. They're eager to hire so she may head back.
"Singapore is an amazing city, and we hoped that if we stayed long enough, things would change," she said. "But the longer it takes, the further away it seems."

submitted by dhoust1 to singapore [link] [comments]

Should I be concerned about losing my temp job after this month?

Hello everyone I’m hoping I can reach someone with a slight bit more knowledge on my specific situation as I’m assuming it’s fairly common. The issue I have is I was hired as a temp just near the end of August I have worked for Walmart in the past but this was almost 8 years ago. I know a lot has changed, but with this new work program being rolled out at the end of the month I’ve been a little concerned for my livelihood. Everyone in my store is acting very vague about any of it. I am fully aware of the new roles that are going to be put in place and the slashing of the dept manager positions etc.
I work in a small super center with a town of about 3000 population so our store is a lot slower than most and I enjoy the environment aside from the “cliques” of workers/managers who have been in the same store together for 5 to 10 years. I’m well qualified for any hourly position I assume, before COVID-19 I was a salaried food and beverage supervisor for a large casino. I have had a conversation with our HR employee and they suggested I’ll be becoming a regular employee soon but this was already 2 weeks ago and I’m slightly discouraged to say the least. Also for a side note I don’t call in and even before the points restated I had only been late like once and only by about 15 mins. I’m just curious how many people out there are just in limbo with a full time position being dangled in front of them just to keep them going?
I surely cannot be the only one? Any advice would be appreciated as I’m losing sleep over this at this point lol
submitted by Scetti_A to walmart [link] [comments]

Cambodian Labour Law Amendments To Hurt Workers

A labour law drafted last month by the Cambodian government may hurt workers after all. According to confirmed reports, there is a move to do away with some employee bonuses and holiday entitlements.
This move, it is being said is going to hurt the poorest workers that are already reeling under pressure pushed down on workers troubled by the coronavirus pandemic. This has been communicated by the labour rights groups and unions.
Khun Tharo, a program director at an advocacy group, the Center for Alliance of Labor and Human Rights has informed that thousands of laid off workers in Cambodia are already fighting for severance pay, leave entitlements and government handouts. The draft, if approved by the government, will see the 30percent salary hike disappearing on the workers.
In neighbouring nations like Vietnam and Indonesia, night workers are continuing to earn 10 to 30 percent more through such benefits. However, for Cambodia, the government feels this is not important. The affect of the virus has not been adverse in the sense of loss of lives. However, the overall impact on the economy has led to hitting jobs in the tourism and garment industry.
So, believe it or not, but at least 1.7 million jobs in Cambodia are at risk. The poverty rate could also double, to about one-in-four people, according to official World Bank figures released in May this year.
The Labour Ministry has pushed for amendments in the Labour laws, with the hope of attracting more foreign investments. They are hopeful that the proposed changes to the country’s labour law will attract new investors and also encourage existing ones to consider ramping up production, potentially creating thousands of jobs. This has been confirmed by Ken Loo, secretary general of the Garment Manufacturers Association in Cambodia.
However, the damage is going to come down to the workers and will directly hit their livelihood. At the worst receiving end would be casino workers, hotel staff and even factory workers who work overtime into the night hours.
submitted by theworkersrights to cambodia [link] [comments]

Jul/9/2020 news: () Tsarukyan's casino loses license () Gold mine in trouble () Solar incoming () Anti-bribery () TEAM licensed () BHK & Traditions () Foreign affairs () Diplomatic passports () Artsakh () Rebel arrested () Emergency powers () Yandex helps Yerevan () Finances () Construction QA ()

In case you missed yesterday's important news:

BHK leader Tsarukyan's casino loses license

In May/6/2020, before the "big bust" that got BHK leader Tsarukyan in trouble, the regulators had audited his Shangri La casino and found violations. The Casino was given time to fix the problems.
Later, after Tsarukyan's alleged voter bribery and financial crimes were revealed, his casino was implicated in a criminal case.
Today the Finance Ministry revoked the casino's license for failing to pay fees for 2020Q3.

Regulators audited BHK leader Tsarukyan's gold mine...

... located in Mkhart, and issued a $200 fine for operating without an environmental audit. The mine and its factory are told to get an audit.

Regulators audited the Electric Networks of Armenia...

... and issued a $21,000 fine. The company routinely overcharged consumers by writing higher usage numbers in the books, likely due to an error. Other problems were found.

BHK plans to "defend Armenia's traditions"

BHK leader Tsarukyan has instructed BHK's youth wing to organize a campaign against the upcoming Education Ministry reform that will merge Armenian Church subject with Armenian History in schools.
Tsarukyan called it an attack on Armenian values. The Ministry says having it as a separate subject makes no sense, but schools will have flexibility.
BHK will also protest against the upcoming education reforms that will help children better protect themselves against pedophiles.
BHK and other hardline traditionalists believe it'll teach sexual materials to children. The govt denies it, saying the education is more like "don't take candy from a stranger's van".

Diplomatic passports

After the 2018 evolution, it was revealed that the former administrations generously distributed diplomatic passports to their friends. Kocharyan's and Serj's entire family line, singer Sirusho, grandchildren, etc. received the privilege.
After the evolution, 395 such passports were revoked, while 762 new were issued.
The full list of owners is still considered a secret because "it contains classified information". Journalists want to get their hands on the list to make sure MFA isn't doing the same shenanigans.
MFA responded saying "the passports were issued according to law."


...doesn't like the fact that Turkey's Erdogan wants to convert the Hagia Sophia museum-church into a mosque.
Greek politicians proposed converting Ataturk's house-museum in Thessaloniki into a museum dedicated to the Greek Genocide.
The Hagio Sophia's topic was brought up in the Armenian Parliament today, with an MP expressing his dissatisfaction.

stirring the pot in 3... 2... 1...

System of a Down drummer Dolmayan caused some noise after criticizing the "Black Lives Matter" movement on his Instagram page. He isn't happy with the "media coverage, sensationalism, and the riots."
Possible context: The recent defacement of an Armenian Genocide Memorial in Colorado has rubbed some Armenians the wrong way. It was addressed by the White House.

CNN documentary: What it's like to visit a country [Artsakh] that doesn't officially exist

COVID stats

+1,995 tested. +526 infected. +573 healed. +14 deaths.
129,166 tested. 11,641 active. 18,000 healed. 535 deaths.
There are no patients in serious condition left out of hospitals, but the beds are still overloaded. Spitak's clinic joined the fight and all 120 beds are already occupied. ,

"Armenia is turning into a dictatorship"

Breaking news. The govt has approved a bill that will grant the Healthcare Ministry a full authority over all private and public medical centers across Armenia during Emergency situations.
"It's needed to make the fight against pandemic more efficient," said the govt. The bill needs Parliamentary approval.

Rebel leader is captured during a tense standoff

A young woman had a confrontation with a policeman about COVID rules. It appears she didn't have an ID on her, attempted to leave the scene, and when told about ID's requirement, she said, "I don't care about the law and the Emergency Taskforce's order."
The police dragged her to a police station while she screamed. ,

Yerevan municipality will distribute...

$206,000 to doctors fighting COVID. It'll come from city's "salary bonus" fund.

COVID vs Tax Collection

Taxes collected in 2020H1 vs 2019H1...
Tax revenues: $1,4bln vs $1.47bln
Border tariffs: $254mln vs $330mln
Refunded: $134mln vs $104mln

Armenia's foreign and public debt

The debt as of January 1st of 2020 vs 2019...
Foreign: $5.7bln vs $5.5bln
Internal: $1.7bln vs $1.4bln
The debt to GDP ratio is expected to rise due to COVID. It was earlier predicted at 57%.

New rules to reduce corruption in social aid departments

Right now the same public office accepts petitions for aid submitted by seniors, before deciding whether grant it. This opens the door for corruption. Some workers would ask for a bribe to approve the aid.
The govt decided to separate the decision-makers.

Elevator Made in Armenia

Norq hospital has a new elevator manufactured locally by ArtLifs.

The new TEAM ISP gets a license

The utility commission authorized TEAM to broadcast TV and radio over cable.
TEAM was formed after UCOM's founder left UCOM and founded TEAM.

Monitoring the construction quality

Gegharquniq had 103 subsidized infrastructure upgrades last year. 23 were unfinished because the govt refused to accept them due to poor quality.
5 of them were road repair upgrades, 4 of which have since fixed the problems.

Tax waiver for a winemaker

Armenia Wine will import technology for winemaking in Aragatsotn. $3.3mln investment, 40 new jobs with avg $520/mo salary.

Tax waiver for a solar farm investment

SunEnergy will import solar tech for a farm in Armavir. $2.2mln investment, 5 permanent and 50 temporary jobs, $225/mo salary.

Electric grid to prepare a network for solar energy

Today the govt authorized the "High Voltage Electric Networks" to sign an $8.9mln deal with Lichq electric substation.
The company will repair Lichq substation which has been operating since 1961.
The repair will allow Lichq to handle electricity coming from a big solar farm "Masrik-1" recently approved by the govt.
It'll also boost Artsakh's electric security.
"We must make sure Lichq is ready before Masrik solar farm is ready. Armenia is required to purchase electricity produced by Masrik as part of the deal. Lichq will handle that flow. We can finish Lichq's renovation in 8 months," said Pashinyan. ,

Russian tech giant and UN to help Yerevan w/traffic

Yandex tech giant's experts have been examining traffic in Yerevan center, near the Circular Park, to see how traffic patterns change based on location, time, holidays.
Several roads were examined. Some had 45km/h speed one way, but much slower in the opposite direction. Isahakyan Street was the slowest with speeds dropping to 4km/h.
Yandex's data is sent to two Russia-based companies for a further examination before it's sent to Yerevan municipality.

400km roads will be built in Artsakh... 5 years, said president Arayik.

More inclusive education system

USAID gave the Education Ministry $825,000 for a project. Fewer disabled kids will be left out of schools and be forced to attend special centers away from peers or families.
Disability ramps will be built in some schools. 56 schools will be renovated with accommodations.

Pashinyan's son returns from the army

It's been 2 years since the 2018 evolution and PM's subsequent decision to send his son Ashot to Artsakh frontlines.
Saying goodbye to fellows:
Little Arpi waits for his brother:

update: Where to find Nalbandyan books

Recently the American University of Armenia digitalizes the legendary writer Mikael Nalbandyan's entire collection.
The collection is available atՆԱԼԲԱՆԴԵԱՆ%20ՄԻՔԱՅԷԼ/library/2300
Tag: T0ManyTakenUsernames

Henrikh Mkhitaryan is officially back

Last time he scored a goal but the team lost. This time, while playing against Parma, he scored a goal and gave a pass that led to the second and victorious goal. Roma 2:1 Parma.
Sofa Score declared Heno the best player of the entire match with an 8.8 score.
You've read 1315 words.

Disclaimer & Terminology

1) The accused are innocent until proven guilty in the court of law, even if they sound guilty.
2) Currency in Armenian ֏ unless specified otherwise.
3) NSS/SIS/SOC = law enforcement agencies. QP = Civil Contract Party. LHK = Bright Armenia Party. BHK = Prosperous Armenia Party. HHK = Republican Party.
4) ARCHIVE of older posts by Idontknowmuch: PART 1 ; PART 2 ; PART 3 ; PART 4 ; PART 5.
4) ARCHIVE of older posts by Armeniapedia.
submitted by ar_david_hh to armenia [link] [comments]

Angélica Gorodischer - Three Stories [Translated by Lorraine Elena Roses and Marian Womack]

The Resurrection of the Flesh [Tr by Roses]

These first two tales published in Secret Weavers: Stories of the Fantastic by Women Writers of Argentina and Chile, edited by Marjorie Agosin (White Pine Press, 1992):
She was thirty-two, her name was Aurelia, and she had been married eleven years. One Saturday afternoon, she looked through the kitchen window at the garden and saw the four horsemen of the Apocalypse. Men of the world, those four horsemen of the Apocalypse. And good-looking. The first from the left was riding a sorrel horse with a dark mane. He was wearing white breeches, black boots, a crimson jacket, and a yellow fez with black pompoms. The second one had a sleeveless tunic overlaid with gold and violet and was barefoot. He was riding on the back of a plump dolphin. The third one had a respectable, black beard, trimmed at right angles. He had donned a gray Prince of Wales suit, white shirt, blue tie and carried a black leather portfolio. He was seated on a folding chair belted to the back of white-haired dromedary. The fourth one made Aurelia smile and realize that they were smiling at her. He was riding a black and gold Harley-Davidson 1200 and was wearing a white helmet and dark goggles and had long, straight, blond hair flying in the wind behind him. The four were riding in the garden without moving from the spot. They rode and smiled at her and she watched them through the kitchen window.
In that manner, she finished washing the two teacups, took off her apron, arranged her hair and went to the living room.
"I saw the four horsemen of the Apocalypse in the garden," she told her husband.
"I'll bet," he said without raising his eyes from his paper.
"What are you reading?" Aurelia asked.
"I said they were given a crown and a sword and a balance and power."
"Oh, right," said her husband.
And after that a week went by as all weeks do--very slowly at first and very quickly toward the end--and on Sunday morning, while she made the coffee, she again saw the four horsemen of the Apocalypse in the garden, but when she went back to the bedroom she didn't say anything to her husband.
The third time she saw them, one Wednesday, alone, in the afternoon, she stood looking at them for a half hour and finally, since she had always wanted to fly in a yellow and red dirigible; and since she had dreamed about being an opera singer, an emperor's lover, a co-pilot to Icarus; since she would have liked to scale black cliffs, laugh at cannibals, traverse the jungles on elephants with purple trappings, seize with her hands the diamonds that lay hidden in mines, preside in the nude over a parade of nocturnal monsters, live under water, domesticate spiders, torture the powerful of the earth, rob trains in the tunnels of the Alps, set palaces on fire, lie in the dark with beggars, climb on the bridges of all the ships in the world; finally--since it was sadly sterile to be a rational and healthy adult--finally, that Wednesday afternoon alone, she put on the long dress she had worn at the last New Year's party given by the company where her husband was assistant sales manager and went out to the garden. The four horsemen of the Apocalypse called her, the blond one on the Harley-Davidson gave her his hand and helped her up onto the seat behind him, and there they went, all five, raging into the storm and singing.
Two days later her husband gave in to family pressure and reported the disappearance of his wife.
"Moral: madness is a flower aflame," said the narrator. Or in other words, it's impossible to inflame the dead, cold, viscous, useless, and sinful ashes of common sense.

The Perfect Married Woman

If you meet her on the street, cross quickly to the other side and quicken your pace. She’s a dangerous lady. She’s about forty or forty-five, has one married daughter and a son working in San Nicolas; her husband’s a sheet-metal worker. She rises very early, sweeps the sidewalk, sees her husband off, cleans, does the wash, shops, cooks. After lunch she watches television, sews or knits, irons twice a week, and at night goes to bed late. On Saturdays she does a general cleaning and washes windows and waxes the floors. On Sunday mornings she washes the clothes her son brings home—his name is Nestor Eduardo—she kneads dough for noodles or ravioli, and in the afternoon either her sister-inlaw comes to visit or she goes to her daughter’s house. It’s been a long time since she’s been to the movies, but she reads TV Guide and the police report in the newspaper. Her eyes are dark and her hands are rough and her hair is starting to go gray. She catches cold frequently and keeps a photo album in a dresser drawer along with a black crepe dress with lace collar and cuffs.
Her mother never hit her. But when she was six, she got a spanking for coloring on a door, and she had to wash it off with a wet rag. While she was doing it, she thought about doors, all doors, and decided that they were very dumb because they always led to the same places. And the one she was cleaning was definitely the dumbest of all, the one that led to her parents’ bedroom. She opened the door and then it didn’t go to her parents’ bedroom but to the Gobi desert. She wasn’t surprised that she knew it was the Gobi desert even though they hadn’t even taught her in school where Mongolia was and neither she nor her mother nor her grandmother had ever heard of Nan Shan or Khangai Nuru.
She stepped through the door, bent over to scratch the yellowish grit and saw that there was no one, nothing, and the hot wind tousled her hair, so she went back through the open door, closed it and kept on cleaning. And when she finished, her mother grumbled a little more and told her to wash the rag and take the broom to sweep up that sand and clean her shoes. That day she modified her hasty judgment about doors, though not completely, at least not until she understood what was going on.
What had been going on all her life and up until today was that from time to time doors behaved satisfactorily, though in general they were still acting dumb and leading to dining rooms, kitchens, laundry rooms, bedrooms and offices even in the best of circumstances. But two months after the desert, for example, the door that every day led to the bath opened onto the workshop of a bearded man dressed in a long uniform, pointed shoes, and a cap that tilted on one side of his head. The old man’s back was turned as he took something out of a highboy with many small drawers behind a very strange, large wooden machine with a giant steering wheel and screw, in the midst of cold air and an acrid smell. When he turned around and saw her he began to shout at her in a language she didn’t understand.
She stuck out her tongue, dashed out the door, closed it, opened it again, went into the bathroom and washed her hands for lunch.
Again, after lunch, many years later, she opened the door of her room and walked into a battlefield. She dipped her hands in the blood of the wounded and dead and pulled from the neck of a cadaver a crucifix that she wore for a long time under high-necked blouses or dresses without plunging necklines. She now keeps it in a tin box underneath the nightgowns with a brooch, a pair of earrings and a broken wristwatch that used to belong to her mother-in-law. In the same way, involuntarily and by chance, she visited three monasteries, seven libraries, and the highest mountains in the world, and who knows how many theaters, cathedrals, jungles, refrigeration plants, dens of vice, universities, brothels, forests, stores, submarines, hotels, trenches, islands, factories, palaces, hovels, towers and hell.
She’s lost count and doesn’t care; any door could lead anywhere and that has the same value as the thickness of the ravioli dough, her mother’s death, and the life crises that she sees on TV and reads about in TV Guide.
Not long ago she took her daughter to the doctor, and seeing the closed door of a bathroom in the clinic, she smiled. She wasn’t sure because she can never be sure, but she got up and went to the bathroom. However, it was a bathroom; at least there was a nude man in a bathtub full of water. It was all very large, with a high ceiling, marble floor and decorations hanging from the closed windows. The man seemed to be asleep in his white bathtub, short but deep, and she saw a razor on a wrought iron table with feet decorated with iron flowers and leaves and ending in lion’s paws, a razor, a mirror, a curling iron, towels, a box of talcum powder and an earthen bowl with water. She approached on tiptoe, retrieved the razor, tiptoed over to the sleeping man in the tub and beheaded him. She threw the razor on the floor and rinsed her hands in the lukewarm bathtub water. She turned around when she reached the clinic corridor and spied a girl going into the bathroom through the other door. Her daughter looked at her.
“That was quick.”
“The toilet was broken,” she answered.
A few days afterward, she beheaded another man in a blue tent at night. That man and a woman were sleeping mostly uncovered by the blankets of a low, king-size bed, and the wind beat around the tent and slanted the flames of the oil lamps. Beyond it there would be another camp, soldiers, animals, sweat, manure, orders and weapons. But inside there was a sword by the leather and metal uniforms, and with it she cut off the head of the bearded man. The woman stirred and opened her eyes as she went out the door on her way back to the patio that she had been mopping.
On Monday and Thursday afternoons, when she irons shirt collars, she thinks of the slit necks and the blood, and she waits. If it’s summer she goes out to sweep a little after putting away the clothing and until her husband arrives. If it’s windy she sits in the kitchen and knits. But she doesn’t always find sleeping men or staring cadavers. One rainy morning, when she was twenty, she was at a prison, and she made fun of the chained prisoners; one night when the kids were kids and were all living at home, she saw in a square a disheveled woman looking at a gun but not daring to take it out of her open purse. She walked up to her, put the gun in the woman’s hand and stayed there until a car parked at the corner, until the woman saw a man in gray get out and look for his keys in his pocket, until the woman aimed and fired. And another night while she was doing her sixth grade geography homework, she went to look for crayons in her room and stood next to a man who was crying on a balcony. The balcony was so high, so far above the street, that she had an urge to push him to hear the thud down below, but she remembered the orographic map of South America and was about to leave. Anyhow, since the man hadn’t seen her, she did push him and saw him disappear and ran to color in the map so she didn’t hear the thud, only the scream. And in an empty theater, she made a fire underneath the velvet curtain; in a riot she opened the cover to a basement hatchway; in a house, sitting on top of a desk, she shredded a two-thousand-page manuscript; in a clearing of a forest she buried the weapons of the sleeping men; in a river she opened the floodgates of a dike.
Her daughter’s name is Laura Inés, her son has a fiancée in San Nicolás and he’s promised to bring her over on Sunday so she and her husband can meet her. She has to remind herself to ask her sister-in-law for the recipe for orange cake, and Friday on TV is the first episode of a new soap opera. Again, she runs the iron over the front of the shirt and remembers the other side of the doors that are always carefully closed in her house, that other side where the things that happen are much less abominable than the ones we experience on this side, as you can easily understand.

The Unmistakable Smell of Wood Violets [Tr by Womack]

Translated for the first time in Ann and Jeff Vandermeer's Big Book of Science Fiction (Vintage, 2016):
The news spread fast. It would be correct to say that the news moved like a flaming trail of gunpowder, if it weren't for the fact that at this point in our civilization gunpowder was archaeology, ashes in time, the stuff of legend, nothingness. However, it was because of the magic of our new civilization that the news was known all over the world, practically instantaneously.
"Oooh!" the tsarina said.
You have to take into account that Her Gracious and Most Illustrious Virgin Majesty Ekaterina V, Empress of Holy Russia, had been carefully educated in the proper decorum befitting the throne, which meant that she would never have even raised an eyebrow or curved the corner of her lip, far less would she have made an interjection of that rude and vulgar kind. But not only did she say "Oooh!," she also got up and walked through the room until she reached the glass doors of the great balcony. She stopped there. Down below, covered by snow, Saint Leninburg was indifferent and unchanged, the city's eyes squinting under the weight of winter. At the palace, ministers and advisers were excited, on edge.
"And where is this place?" the tsarina asked.
And that is what happened in Russia, which is such a distant and atypical country. In the central states of the continent, there was real commotion. In Bolivia, in Paraguay, in Madagascar, in all the great powers, and in the countries that aspired to be great powers, such as High Peru, Iceland, or Morocco, hasty conversations took place at the highest possible level with knitted brows and hired experts. The strongest currencies became unstable: the guarani rose, the Bolivian peso went down half a point, the crown was discreetly removed from the exchange rates for two long hours, long queues formed in front of the exchanges in front of all the great capitals of the world. President Morillo spoke from the Oruro Palace and used the opportunity to make a concealed warning (some would call it a threat) to the two Peruvian republics and the Minas Gerais secessionist area. Morillo had handed over the presidency of Minas to his nephew, Pepe Morillo, who had proved to be a wet blanket whom everybody could manipulate, and now Morillo bitterly regretted his decision. Morocco and Iceland did little more than give their diplomats a gentle nudge in the ribs, anything to shake them into action, as they imagined them all to be sipping grenadine and mango juice in the deep south while servants in shiny black uniforms stood over them with fans.
The picturesque note came from the Independent States of North America. It could not have been otherwise. Nobody knew that all the states were now once again under the control of a single president, but that's how it was: some guy called Jack Jackson-Franklin, who had been a bit-part actor in videos, and who, aged eighty-seven, had discovered his extremely patriotic vocation of statesman. Aided by his singular and inexplicable charisma, and by his suspect family tree, according to which he was the descendent of two presidents who had ruled over the states during their glory days, he had managed to unify, at least for now, the seventy-nine northern states. Anyway, Mr. Jackson-Franklin said to the world that the Independent States would not permit such a thing to take place. No more, just that they would not permit such a thing to take place. The world laughed uproariously at this.
Over there, in the Saint Leninburg palace, ministers cleared their throats, advisers swallowed saliva, trying to find out if, by bobbing their Adam's apples up and down enough, they might be able to loosen their stiff official shirts.
"Ahem. Ahem. It's in the south. A long way to the south. In the west, Your Majesty."
"It is. Humph. Ahem. It is, Your Majesty, a tiny country in a tiny territory."
"It says that it is in Argentina," the tsarina said, still staring through the window but without paying any attention to the night as it fell over the snow-covered roofs and the frozen shores of the Baltic.
"Ah, yes, that's right, that's right, Your Majesty, a pocket republic."
Sergei Vasilievich Kustkarov, some kind of councilor and, what is more, an educated and sensible man, broke into the conversation.
"Several, Your Majesty, it is several."
And at last the tsarina turned around. Who cared a fig for the Baltic night, the snow-covered rooftops, the roofs themselves, and the city of which they were a part? Heavy silk crackled, starched petticoats, lace.
"Several of what, Councilor Kustkarov, several of what? Don't come to me with your ambiguities."
"I must say, Your Majesty, I had not the slightest intention--"
"Several of what?"
The tsarina looked directly at him, her lips held tightly together, her hands moving unceasingly, and Kustkarov panicked, as well he might.
"Rep-rep-republics, Your Majesty," he blurted out. "Several of them. Apparently, a long time ago, a very long time, it used to be a single territory, and now it is several, several republics, but their inhabitants, the people who live in all of them, all of the republics, are called, they call themselves, the people, that is, Argentinians."
The tsarina turned her gaze away. Kustkarov felt so relieved that he was encouraged to carry on speaking:
"There are seven of them, Your Majesty: Rosario, Entre dos Rios, Ladocta, Ona, Riachuelo, Yujujuy, and Labodegga."
The tsarina sat down.
"We must do something," she said.
Silence. Outside it was not snowing, but inside it appeared to be. The tsarina looked at the transport minister.
"This enters into your portfolio," she said.
Kustkarov sat down, magnificently. How lucky he was to be a councilor, a councilor with no specific duties. The transport minister, on the other hand, turned pale.
"I think, Your Majesty...," he dared to say.
"Don't think! Do something!"
"Yes, Your Majesty," the minister said, and, bowing, started to make his way to the door.
"Where do you think you're going?" the tsarina said, without moving her mouth or twitching an eyelid.
"I'm just, I'm going, I'm just going to see what can be done, Your Majesty."
There's nothing that can be done, Sergei Vasilievich thought in delight, nothing. He realized that he was not upset, but instead he felt happy. And on top of everything else a woman, he thought. Kustkarov was married to Irina Waldoska-Urtiansk, a real beauty, perhaps the most beautiful woman in all of Holy Russia. Perhaps he was being cuckolded; it would have been all too easy for him to find that out, but he did not want to. His thoughts turned in a circle: and on top of everything else a woman. He looked at the tsarina and was struck, not for the first time, by her beauty. She was not so beautiful as Irina, but she was magnificent.
In Rosario it was not snowing, not because it was summer, although it was, but because it never snowed in Rosario. And there weren't any palm trees: the Moroccans would have been extremely disappointed had they known, but their diplomats said nothing about the Rosario flora in their reports, partly because the flora of Rosario was now practically nonexistent, and partly because diplomats are supposed to be above that kind of thing.
Everyone who was not a diplomat, that is to say, everyone, the population of the entire republic that in the last ten years had multiplied vertiginously and had now reached almost two hundred thousand souls, was euphoric, happy, triumphant. They surrounded her house, watched over her as she slept, left expensive imported fruits outside her door, followed her down the street. Some potentate allowed her the use of a Ford 99, which was one of the five cars in the whole country, and a madman who lived in the Espinillos cemetery hauled water all the way up from the Pará lagoon and grew a flower for her which he then gave her.
"How nice," she said, then went on, dreamily, "Will there be flowers where I'm going?"
They assured her that there would be.
She trained every day. As they did not know exactly what it was she had to do to train herself, she got up at dawn, ran around the Independence crater, skipped, did some gymnastic exercises, ate little, learned how to hold her breath, and spent hours and hours sitting or curled into strange positions. She also danced the waltz. She was almost positive that the waltz was not likely to come in handy, but she enjoyed it very much.
Meanwhile, farther away, the trail of gunpowder had become a barrel of dynamite, although dynamite was also a legendary substance and didn't exist. The infoscreens in every country, whether poor or rich, central or peripheral, developed or not, blazed forth with extremely large headlines suggesting dates, inventing biographical details, trying to hide, without much success, their envy and confusion. No one was fooled:
"We have been wretchedly beaten," the citizens of Bolivia said.
"Who would have thought it," pondered the man on the Reykjavík omnibus.
The former transport minister of Holy Russia was off breaking stones in Siberia. Councilor Sergei Vasilievich Kustkarov was sleeping with the tsarina, but that was only a piece of low, yet spicy, gossip that has nothing to do with this story.
"We will not allow this to happen!" Mr. Jackson-Franklin blustered, tugging nervously at his hairpiece. "It is our own glorious history that has set aside for us this brilliant destiny! It is we, we and not this despicable banana republic, who are marked for this glory!"
Mr. Jackson-Franklin also did not know that there were no palm trees or bananas in Rosario, but this was due not to a lack of reports from his diplomats but rather a lack of diplomats. Diplomats are a luxury that a poor country cannot afford, and so poor countries often go to great pains to take offense and recall all the knights commanders and lawyers and doctors and even eventually the generals working overseas, in order to save money on rent and electricity and gas and salaries, not to mention the cost of the banquets and all the money in brown paper envelopes.
But the headlines kept on appearing on the infoscreens: "Argentinian Astronaut Claims She Will Reach Edge of Universe," "Sources Claim Ship Is Spaceworthy in Spite of or Because of Centuries-Long Interment," "Science or Catastrophe?," "Astronaut Not a Woman but a Transsexual" (this in the Imperialskaya Gazeta, the most puritan of the infoscreens, even more so than the Papal Piccolo Osservatore Lombardo), "Ship Launches," "First Intergalactic Journey in Centuries," "We Will Not Allow This to Happen!" (Portland Times).
She was dancing the waltz. She woke up with her heart thumping, tried out various practical hairstyles, ran, skipped, drank only filtered water, ate only olives, avoided spies and journalists, went to see the ship every day, just to touch it. The mechanics all adored her.
"It'll work, they'll see, it'll work," the chief engineer said defiantly.
Nobody contradicted him. No one dared say that it wouldn't.
It would make it, of course it would make it. Not without going through many incredible adventures on its lengthy journey. Lengthy? No one knew who Langevin was anymore, so no one was shocked to discover that his theory contradicted itself, ended up biting its own tail, and that however long the journey took, the observers would only perceive it as having lasted minutes. Someone called Cervantes, a very famous personage back in the early years of human civilization--it was still debated whether he had been a physicist, a poet, or a musician--had suggested a similar theory in one of his lost works.
One autumn dawn the ship took off from the Independence crater, the most deserted part of the whole desert republic of Rosario, at five forty-five in the morning. The exact time is recorded because the inhabitants of the country had all pitched in together to buy a clock, which they thought the occasion deserved (there was one other clock, in the Enclosed Convent of the Servants of Santa Rita de Casino, but because the convent was home to an enclosed order nothing ever went in or out of it, no news, no requests, no answers, no nothing). Unfortunately, they had not had enough money. But then someone had had the brilliant idea which had brought in the money they needed, and Rosario had hired out its army for parades in friendly countries: there weren't that many of them and the ones there were weren't very rich, but they managed to get the cash together. Anyone who was inspired by patriotism and by the proximity of glory had to see those dashing officers, those disciplined soldiers dressed in gold and crimson, protected by shining breastplates, capped off with plumed helmets, their catapults and pouches of stones at their waists, goose-stepping through the capital of Entre Dos Rios or the Padrone Giol vineyards in Labodegga, at the foot of the majestic Andes.
The ship blasted off. It got lost against the sky. Before the inhabitants of Rosario, their hearts in their throats and their eyes clouded by emotion, had time to catch their breath, a little dot appeared up there, getting bigger and bigger, and it was the ship coming back down. It landed at 06:11 on the same morning of that same autumn day. The clock that recorded this is preserved in the Rosario Historical Museum. It no longer works, but anyone can go and see it in its display cabinet in Room A of the Museum. In Room B, in another display case, is the so-called Carballensis Indentic Axe, the fatal tool that cut down all the vegetation of Rosario and turned the whole country into a featureless plain. Good and evil, side by side, shoulder to shoulder.
Twenty-six minutes on Earth, many years on board the ship. Obviously, she did not have a watch or a calendar with her: the republic of Rosario would not have been able to afford either of them. But it was many years, she knew that much.
Leaving the galaxy was a piece of cake. You can do it in a couple of jumps, everyone knows that, following the instructions that Albert Einsteinstein, the multifaceted violin virtuoso, director of sci-fi movies, and student of space-time, gave us a few hundred years back. But the ship did not set sail to the very center of the universe, as its predecessors had done in the great era of colonization and discovery; no, the ship went right to the edge of the universe.
Everyone also knows that there is nothing in the universe, not even the universe itself, which does not grow weaker as you reach its edge. From pancakes to arteries, via love, rubbers, photographs, revenge, bridal gowns, and power. Everything tends to imperceptible changes at the beginning, rapid change afterward; everything at the edge is softer and more blurred, as the threads start to fray from the center to the outskirts.
In the time it took her to take a couple of breaths, a breath and a half, over the course of many years, she passed through habitable and uninhabitable places, worlds which had once been classified as existent, worlds which did not appear and had never appeared and probably would never appear in any cartographical survey. Planets of exiles, singing sands, minutes and seconds in tatters, whirlpools of nothingness, space junk, and that's without even mentioning those beings and things, all of which stood completely outside any possibility of description, so much so that we tend not to perceive them when we look at them; all of this, and shock, and fear more than anything else, and loneliness. The hair grew gray at her temples, her flesh lost its firmness, wrinkles appeared around her eyes and her mouth, her knees and ankles started to act up, she slept less than before and had to half close her eyes and lean backward in order to make out the numbers on the consoles. And she was so tired that it was almost unbearable. She did not waltz any longer: she put an old tape into an old machine and listened and moved her gray head in time with the orchestra.
She reached the edge of the universe. Here was where everything came to an end, so completely that even her tiredness disappeared and she felt once again as full of enthusiasm as she had when she was younger. There were hints, of course: salt storms, apparitions, little brushstrokes of white against the black of space, large gaps made of sound, echoes of long-dead voices that had died giving sinister orders, ash, drums; but when she reached the edge itself, these indications gave way to space signage: "End," "You Are Reaching the Universe Limits," "The Cosmos General Insurance Company, YOUR Company, Says: GO NO FURTHER," "End of Protected Cosmonaut Space," etc., as well as the scarlet polygon that the OMUU had adopted to use as a sign for that's it, abandon all hope, the end.
All right, so she was here. The next thing to do was go back. But the idea of going back never occurred to her. Women are capricious creatures, just like little boys: as soon as they get what they want, then they want something else. She carried on.
There was a violent judder as she crossed the limit. Then there was silence, peace, calm. All very alarming, to tell the truth. The needles did not move, the lights did not flash, the ventilation system did not hiss, her alveoli did not vibrate, her chair did not swivel, the screens were blank. She got up, went to the portholes, looked out, saw nothing. It was logical enough:
"Of course," she said to herself, "when the universe comes to an end, then there's nothing."
She looked out through the portholes a little more, just in case. She still could see nothing, but she had an idea.
"But I'm here," she said. "Me and the ship."
She put on a space suit and walked out into the nothing.
When the ship landed in the Independence crater in the republic of Rosario, twenty-six minutes after it had taken off, when the hatch opened and she appeared on the ramp, the spirit of Paul Langevin flew over the crater, laughing fit to burst. The only people who heard him were the madman who had grown the flower for her in the Espinillos cemetery and a woman who was to die that day. No one else had ears or fingers or tongue or feet, far less did they have eyes to see him.
It was the same woman who had left, the very same, and this calmed the crowds down at the same time as it disappointed them, all the inhabitants of the country, the diplomats, the spies, and the journalists. It was only when she came down the gangplank and they came closer to her that they saw the network of fine wrinkles around her eyes. All other signs of her old age had vanished, and had she wished, she could have waltzed tirelessly, for days and nights on end, from dusk till dawn till dusk.
The journalists all leaned forward; the diplomats made signals, which they thought were subtle and unseen, to the bearers of their sedan chairs to be ready to take them back to their residences as soon as they had heard what she had to say; the spies took photographs with the little cameras hidden away in their shirt buttons or their wisdom teeth; all the old people put their hands together; the men raised their fists to their heart; the little boys pranced; the young girls smiled.
And then she told them what she had seen:
"I took off my suit and my helmet," she said, "and walked along the invisible avenues that smelled of violets."
She did not know that the whole world was waiting to hear what she said; that Ekaterina V had made Sergei Vasilievich get up at five o'clock in the morning so that he could accompany her to the grand salon and wait there for the news; that one of the seventy-nine Northern States had declared its independence because the president had not stopped anything from happening or obtained any glory, and this had lit the spark of rebellion in the other seventy-eight states, and this had made Mr. Jackson-Franklin leave the White House without his wig, in pajamas, freezing and furious; that Bolivia, Paraguay, and Iceland had allowed the two Peruvian republics to join their new alliance and defense treaty set up against a possible attack from space; that the high command of the Paraguayan aeronautical engineers had promised to build a ship that could travel beyond the limits of the universe, always assuming that they could be granted legal immunity and a higher budget, a declaration that made the guarani fall back the two points that it had recently risen and then another one as well; that Don Schicchino Giol, the new padrone of the Republic of Labodegga at the foot of the majestic Andes had been woken from his most recent drinking bout to be told that he had now to sign a declaration of war against the Republic of Rosario, now that they knew the strength of the enemy's forces.
"Eh? What? Hunh?" Don Schicchino said.
"I saw the nothingness of everything," she said, "and it was all infused with the unmistakable smell of wood violets. The nothingness of the world is like the inside of a stomach throbbing above your head. The nothingness of people is like the back of a painting, black, with glasses and wires that release dreams of order and imperfect destinies. The nothingness of creatures with leathery wings is a crack in the air and the rustle of tiny feet. The nothingness of history is the massacre of the innocents. The nothingness of words, which is a throat and a hand that break whatever they touch on perforated paper; the nothingness of music, which is music. The nothingness of precincts, of crystal glasses, of seams, of hair, of liquids, of lights, of keys, of food."
When she had finished her list, the potentate who owned the Ford 99 said that he would give it to her, and that in the afternoon he would send one of his servants with a liter of naphtha so that she could take the car out for a spin.
"Thank you," she said. "You are very generous."
The madman went away, looking up to the skies; who knows what he was searching for. The woman who was going to die that day asked herself what she should eat on Sunday, when her sons and their wives came to lunch. The president of the Republic of Rosario gave a speech.
And everything in the world carried on the same, apart from the fact that Ekaterina V named Kustkarov her interior minister, which terrified the poor man but which was welcomed with open arms by Irina as an opportunity for her to refresh her wardrobe and her stock of lovers. And Jack Jackson-Franklin sold his memoirs to one of Paraguay's more sophisticated magazines for a stellar amount of money, which allowed him to retire to live in Imerina. And six spaceships from six major world powers set off to the edges of the universe and were never seen again.
She married a good man who had a house with a balcony, a white bicycle, and a radio which, on clear days, could pick up the radio plays that LLL1 Radio Magnum transmitted from Entre Dos Rios, and she waltzed in white satin shoes. The day that her first son was born a very pale green shoot grew out of the ground on the banks of the great lagoon.
submitted by MilkbottleF to shortstoryaday [link] [comments]

The Capitalist Fallacy at the Core of the Claim that NY Pays More in Federal Taxes than it Gets Back

It is impossible to discuss politics on Reddit without a mainstream team blue Democrat bringing up the idea that blue states pay more in Federal taxes than they receive in Federal revenue, and that therefore the points made by those in Red States are meaningless.
Which is true, depending how you massage the figures. But it ignores where all that tax revenue they are bragging about comes from. New York State is basically the NYC metro area stapled onto an upstate area the size and makeup of West Virginia. NYC is what makes it a blue state, NYC is what makes it a rich net payor state.
In any given year in NYC, the securities industry amounts to around 22% of wages paid with an average salary of $360,000. Add to that much of the service sectors, healthcare sectors, fashion industry, etc, that exists in NYC primarily to service these securities industry finance Bro desires; and the real estate industry that pushes prices ever higher thanks to those finance bro salaries (though admittedly that would be too much effort to quantify).
Do the math and it becomes obvious: NYC is rich because it's the location of the national casino, drawing capital from the countryside to be swapped, bought, sold, lost and moved around like poker chips; and the house always gets its cut.
New Yorkers declaring that they don't need the rest of you freeloaders is no different from the boss and the accountant at a company declaring that since they make more money at the company than the workers, they are more talented and more important and don't need the workers at all.
Tldr: New York pays more in taxes because of an economic system dependent on the finance industry, which produces little to no human happiness.
submitted by 1186Inches to stupidpol [link] [comments]

All of Bolsonaro's Men - An Explanation on how Brazil's Current Politics and why a Cabinet Meeting is now on Youtube (Part 2)

This is part 2 out of 3 explaining Brazil's current political crisis. This section is the first portion of Bolsonaro's April 22nd cabinet meeting.
This meeting was one of the last meetings attended by Sérgio Moro. This was a full cabinet meeting, held April 22nd in the Presidential Palace. I will first highlight some key things said, and then make a small analysis of what this means. Translation is mine. I have abridged a few transcriptions. Bolsonaro is fully translated, but the ministers are not, as some of the topics held in the meeting are not directly related to the current investigation.
The first topic of the meeting was the creation of a recovery plan, the Pró-Brasil. First minister to talk is Paulo Guedes.
"The government is broke! In all levels. Cities, governors, and the federal government. What did we do? We signalled the opposite. We deleveraged public banks, reduced debts, lowered interest rates, and Brazil was about to recover. So if we launch a public investment process is the same talking point as always, "reduce regional inequality" Paulo Guedes follows the Chicago school of economic thought, and has supported reductions in Brazilian government spending as much as possible, being one of the forces behind Brazil's new pension plan. "It looks good on paper, but it's the same thing Lula and Dilma had been doing. If we want to end like them, we do this". This is followed by some more detailed breakdowns of government investments, and Guedes defending how the government can't spend to leave the Corona recession, but it also has to help the previous economy recover.
Jair Bolsonaro then criticizes the media, and how they twist his words to make his aides disagree and fight. Mainstream media criticism has been a key point of Bolsonaro's government.
Onyx Lorenzoni, Bolsonaro's chief of staff adds that they received 36 government projects that were mid construction and halted under Dilma's PAC, an infrastructure growth program under Dilma and Lula that supported additional government spending to trigger economic growth. This additional spending is considered to be one of the factors that resulted in the 2014 recession. Lorenzoni adds some more comments on how the government has been looking for foreign investment lately. "We are having to deal with something very serious, which is a disease, which has been brought to history because it serves the interest of many which I won't be mentioning here".
Ricardo Salles (Minister of the Environment) "We have the unique possibility right now that the media is focused almost exclusively on COVID [...] So for this there has to be a group effort while we have a tranquility in media coverage, as they only talk about Covid, and pass the entire cattle changing the rulings and simplifying regulations. Of the IPHAN (National Heritage), of the Agricultural Ministry, of the Environmental Ministry. Now is the time to unite efforts to get a quick move and simplify regulations in all aspects."
Bolsonaro soon after follows up (emphasis mine): "The disaster that's coming up, I think Guedes is being nice, huh Guedes? I'm no economist. It's going to be hit bigger than even you can only imagine. It's not only the informals. I think we already hit ten million jobs, all gone. And the state governments don't have how to pay salary for the guys. May, half of the states don't ha.. won't be able to pay salaries again. The disaster is there. They will try to push this shit onto us, these people right next to us will try to push it, and we will react because it's not an infinite bag. Ok? So this worry we will need to have. At the same time there's the BAR association, annoying the Supreme Court to open my impeachment because I didn't present my virus exam, all this bullshit, which everybody has to be paying attention.
It's not only taking care of your ministry in these questions we are talking about, it's talking about the political issues also. All right? So ... this is what we should be worried about, as the fight for power continues. At full steam. No neurosis by my side, ok? The field is fertile for a ... some pieces of shit to show up, huh? Raising the flag of ... of ... of the people by my side, it costs nothing. And the fertile terrain is this, unemployment, chaos, misery, social disorder and other things. This is the worry, all should have it, huh? None of this "all good?", the ministry earns money, "shit happened?", on the president's lap. It can't be like that. Today I saw Magno Malta defending me. Magno Malta, I'm sorry, was treated a long time ago to be the vice president. Later he decided not to be, all right. Later he got contact to be minister, all right.
Não politically he never attacked me, and always is defending with the problems he has. So he is not the minister to open his chest, challenge, enter the lions' lair, but he can't, huh? For example, when we talk about a possible impeachment, action in the Supreme Court, based on watermarks, I'll go in any part of national territory and that's it! The day it's prohibited to go ... anywhere of Brasil, by the Supreme Court, there goes the term. I hope they don't decide, or he, right? Monocratically, wanting to take certain measures because from there we will have a ... a true political crisis. And I won't keep my tail between my legs. That's it ... zero, zero, all right? Because if I'm wrong, they ever find a connection of mine with a construction company, Swiss bank account, I'll take the beating with no issue. It goes to impeachment, it leaves. Now with bullshit, no!
On top of what I said, in front of the Apache Fort. I am the Commander-in-Chief of the Armed Forces. Full stop. The people were there, I went there. Army day. And said something I don't think is a big deal. The repercussion is huge. "Look, the AI-5" (the AI-5 was a decree by the military government that closed the Congress in 1968) Where's the AI-5? En ... nded (sic) with the ... the AI-5 doesn't exis (sic) ... there is no more institutional act in Brasil anymore. Some bullshit. Article one, four, two. It's people who can't interpret the Constitution. Now over that make a wave? "Let's listen to Congressmen, businessmen", whatever it is. Now when Congress does there a tribute to Che Guevara, Mao Zedong, and whatever, it's not a problem. When the Communist Party does a convention and praises Fidel, between others, it's no big issue. When a poor person raises an AI-5 sign, that I don't give a shit, because there isn't ... there isn't AI-5. There isn't. Article one, four, two: we want to follow articles one, four, two, everybody wants to follow articles one, four, two. (The article 142 of the Brazilian Constitution establishes the military for national defense)
And given necessity, all the powers, can, right? Ask the armed forces to intervene to reestablish order in Brazil, that place with no issues. Now all of them, huh? You need to worry with the political issue, and of who's right, take your head out of the whole, fuck! It's not just staying inside the whole all the time, no! "All right, I'm taking care of my image, the image is here, I am looking good, and fuck the rest" No! You have to do your part. So this is what I try, I hav ... ha ... have to talk to you, as after a certain momento, where it gets to th ... the ... the ... mind of these people, it's hard to go back, then they want a crisis, it's a crisis. I have no love for this ... for this ... for this term the ... for ... for ... the President's chair. Ne ne ... zero, zero! I'm not provoking nobody. This is how the defense makes a good defense note saying it will follow the constitution, liberty, and co ... ten! And it won't take an attack, ten! Won't take a defensive move from the guys, fuck!
You're going to have some crazy guys, they know who they are, they will be in the fervor of "Oh, oh the president is irresponsible, he is crazy, he commits genocide". It's not like that. Don't go ... what works for one side works for the other, what doesn't work for one side, doesn't work for the other. This is what we should be worried about. With what we have here, the Pró-Brasil, but also with the political question. If we start talking with confidence, and there's pe ... lots of people who speak better than me, and know more than me, have the talk, fuck! Discreetly, but they have to talk, not to let the temperature rise, as it's only punches all the time up on me. And continue going anywhere of Brasil and full stop, that's my problem. All right? If I don't have the right to come and go. Mayor from the end of the world, a jaguapoca (dog with no breed) of a mayor says to arrest. The Justice has to position ... to position itself about this, fuck! Has to position itself, openly! We don't admit arrests from mayor, it's the decree!
You have to talk, not stay in silence. And who is right here, all the ministers have to say this, not only Justice. All have to say. Not staying, leaving the BO (police report) ... sail on isn't it ... and we'll go ahead. Ok? This is all I ask you, fuck. This worry. Wake up to politics and expose yourselves, after all, the government is only one. And if I fall, everybody does. Now come on ... if I have to fall one day, we'll fall fighting, a fair fight. Not for some bullshit of ... of ... of exam of ... antivirus, fuck. For the love of God, fuck. Ok? Even I ... to leave this clear, from some eight years from now, when I asked for specialized pharmacies any medicine I asked the doctor "Use a fake name", because if my name goes there, as it was, always was a known guys, isn't it, there are three four that are going to make the medicine, they can poison me, fuck! It's the same thing with the virus question, among others. According to interest, the guy either tests negative or positive. After it gives a result, it goes to the countertest, but gives a problem.
And we know, all right? That we have a compromise with the truth. I'd never lie if I didn't really have a negative test. I'd never lie that my negative was positive or vice-versa. Never. The truth above all. So it's an appeal I make to all, to worry about politics, so you are not surprise. I'm not going to wait until the boat starts sinking to take away the water. I'm taking away the water, and will continue taking water from all ministries if it's required. The person has to understand. If you don't want to understand, ok then, fuck! I have the power, and will interfere in all ministries, no exceptions. With the bank I speak with Paulo Guedes, if I have to interfere. Never had a problem with him, zero problems with Paulo Guedes. Now the rest of you, I will! I can't be surprised by news. Fuck, I have the Federal Police that doesn't give me information.
I have the intelligence of the Armed Forces that I don't have the informations. ABIN has problems, I have some informations. I don't have more because it's missing, really, we have problems, fuck! Equipment, etc. But we can't live without information. Without info ... co ... who never stayed behind of ... of ... of ... of ... of ... of ... of ... of the door listening what your son or daughter is ... talking about. You need to check and ... later she's pregnant, no using talking to her anymore. Need to check before ... after the kid filled his brains with ... with drugs, there's no use talking with him, that's it. Information is like that. I was watching studying on the weekend here how is the Chinese service, secret, works in the US. What's our worry here? [Redacted] It's simple, "Ah, just don't talk publicly". Who should I speak about it? Everybody sees what's happening. [Redacted] All right, ok? [Redacted] You get from the [redacted] fuck, of [redacted] you don't get.
It's a reality. No need to hide more, cover the sun with a sieve, right? There's, isn't it ... then go ... in some ministries there's their people, inside here, right? So we don't want to fight with [redacted], zero fights with [redacted] (note: the female article here strongly implies China). Do we need them to sell? Yes. They also need us. Because if they didn't they wouldn't be buying our soy. They need it. It's a business, fuck. And we need to ally with who has ... some affinity with us. So we can do ... make worth our will at the moment. No need to hide here, then after there's a problem, you call your uncle, "the Uncle". I'll say "Fuck man, you ignored me all the way to today!". You didn't only call me an imperialist, like the "esquerdalha" (a pejorative term for the left wing) and FHC (Fernando Henrique Cardoso, former president) used to say in the past, the rest ... now there's nowhere to go. So this is the worry we need to have. The strategic question, which we aren't having. And I'm sorry, our information service, all, it's a ... they are a shame, a shame! I'm not informed!
You can't work like this, it gets hard. That's why, I'll interfere! Full stop, fuck! Not a threat, not a ... an extrapolation by my part. It's a truth. Like I said, right? Gave you sirs the ministries. The veto power. It all changed. It has to changed, fuck. And I want, it's really, it's govern Brazil. It's not the problem of all of the ones here, as Marinho said, right? It's the same boat, the same boat. If anybody digs the fu ... digs the basement here, we will, we will all go into the bag, we will all drown. So this ... this is what we need, think ahead of what to do internally here. When INMETRO (certification agency) I talked to Paulo Guedes. A, sorry for the language, a whorehouse! INMETRO is a whorehoue! Switching tachographs, taximeters, putting chips on the fuel pumps, a whorehouse! Just like the three pin plug. It's very good there now. The media beat the shit. "Ah, put in a colonel". Colonel is formed by IME (Military Institute of Technology). Wouldn't put in a colonel without a ... without a degree, ok?
[...] The question of the armament, right? The questions of ... but why? Wait there! Minister of Justi ... Mr. Minister of Justice, please. It was decided some time ago you couldn't handcuff almost nobody. Why are they handcuffing the working citizen, the woman in a park, and the Justice does nothing?
You have the speak, fuck! How long will you be quiet? Or do I have to continue exposing myself? You have to speak, get out, pressure them! Can't handcuff, decision of the Supreme Court. And we will stay quiet until when? Keep humiliating our people, why? This is growing. People kep pointing at me, "voted for you to do something!", "voted on you because you have to take decision, for you to fight!". And it's true. I don't give a shit about the reelection. What I want the most is some gets re ... someone is elected, if I'm coming as a candidate, ok? So I can bring ... I want to have peace in Brazil, nothing else. Because if its the left, me and a bunch of you will have to leave the country because you will be arrested. I am sure they will arrest me for homophobia, eight years for homophobia. Then they make up some racism, like they did for (Abraham) Weintraub. Sorry, sorry for the ... the rant: puta que o pariu (literally translates to the bitch that birthed you, basically the strongest swear words)! Weintraub could've said the biggest shit in the world, but racist? We'll have to react people, it's another fight.
We need to be a government with ... with activity. Expose yourselves, show that we have the people on our side. That we follow the people. What we really want, as it's said, if I'm not mistaken, Thatcher, right? Or Reagan, I'm not sure? So we ... it has to be conducted by the Brazilian public, and that's it. Where the people is, we'll be together. I didn't invite anybody to go to the front if the ... the ... the Apache Fort, nobody, zero! I was in my sons house, found out: "Go there!" The media is now talking that, I don't know, that two military ministers didn't accept my invitation. The day that ... either I invite the minister to a barbecue at my house or I'll pay a mission!
Bolsonaro is interrupted, but then resumes speaking
Ok? I don't know, ok? Or I'll pay a mission. If the mission is absurd, the minister says "hey, goodbye, I'm out," all right? Or he goes and gets pissed, but go, fuck! And I'll never pay a shit mission for whoever it is, not even in the military base I would do that to a recruit, not even in the military base, all right? Not even imagining our relationship here which is very good, it's ... going towards that line.
We're not panicking, we are fine. We are not accused of swindling money, of corruption, nothing. In th ... nothing, all clear! We have problems up ahead. We'll try to solve it, like I have talked to various ministers. And we'll solve it because the future of Brazil is at the hand of this privileged group here. And I would be nothing without you. You wouldn't be ministers without ... without me ... I doubt it! Hardly anybody would be minister if there was a Haddad here. I doubt it! Could accept for a few days, right? Later see the bullshit it would be, wouldn't be any different than the two previous year of PT, right? Would ask to leave. So an appeal to you, everybody worry about the future of Brazil, with the political question, criticise an act of a person or another isn't ... it's not to criticise the Supreme Court. It's ... it's a ... who doesn't stay ... who doesn't stay became revo .... saw Moro become revolted ... with the liberty these people have. Because of a ... a ... a virus, they let rapists go free.
Imagine if they were raping a daughter of our, a son of a bitch like this be set free. Now we have to put ourselves in those person's shows, of the father who had the daughter raped, and the ... the fucker was set free. With a decision, fuck whoever it is, have to go hard on top ... hard on top of that. It's not rant, folks. It's a reality. Our boat is leaving, but we don't know yet, at the moment given the last case, thi... virus, where our boat is going. Can be heading towards an iceberg. We'll go down. So let's pay attention, let's worry. Who can do it right, make yourself present, with good language, alright? But have a position! Because everything can't, everything, come for my ass, all right? You have to get beaten together with me, logically when there's a reason to get beaten or a reason to fight.
Braga Netto explains the following speakers, and Sérgio Moro speaks
Moro: No, it's ... well ... first the question of the plan that was there presented, make my compliments registered. Certainly it has details that have to be filled in, there are the economic questions to be resolved at the Ministry of Economics, to be worked together with other economic areas. And ... just would give a suggestion, minister, if you could put in since early in some part of the plan, some reference important also about ... the public safety and ... control of corruption. They were two central themes, right? In the last elections.
Yeah ... they are two themes that, although, obviously, the plan will be subjected there to ... the necessary detailing, but it's important ... to have a benchmark so it seems we aren't moving away from these specific aspects.
Braga Netto and Moro discuss a bit more on whether or not details are on the meetings scope
Moro: You have to point out that also ... what was a victory of the government, the president, last year was a noticeable fall in main crime indexes. Although this might be more tied into the question of life and safety of people, it's also a key factory for economic investment, to attract, improve, the economic environment. And the control of corruption is assumed, right? So I'd do, there ... exclusively this specific suggestion.
Gustavo Montezano (head of the State Development Bank is introduced and starts speaking)
Gustavo Montezano: He begins by saying there needs to be an emphasis on the importance to focus on the reconstruction, as advised by Paulo Guedes. "One of the ... the critical parts is this legislation, or operation of the public machine. It's a very opportune moment for us to make use of this, and this makes a big difference of the price of a project, the speed, it's a big difference. So here I subscribe to what Minister Salles said." He follows up by explaining the restructuring of BNDES from a focus in loans to investments.
Nélson Teich (Health Minister) is introduced, I will put it entirely as it explains Brazil's COVID policy
Teich: He begins by mentioning how controlling the disease is key, as if you're not able to control it, fear will impede economic recovery. "And controlling the disease doesn't mean we'll cure it in a week, but that we're not a lost boat and that we have a strategy to work with this disease, right? So there are three things that we will work. First the information, to understand what is the disease, what's the evolution, how's the infrastructure to treat it because o ... o ... o ... one of the great issues we have today, if you look at Brazil today, it's one of the best countries in relation to mortality (as of May 23rd, Brazil has a CFR of 13%, with around 130k recovered). What's scary is when you see that the hospital can't take in patients, it's the morgue workers, it's that we're opening graves anywhere to bury, and this brings fear. And the fear impedes any other activity from having success. Because as long as this isn't solved, the rest will have no chance of being bought into by society. The next thing is to structure the care operations. So we will invest in logistics, invest in the purchasing process, and try to improve it.
Why? Because I have hospitals working, I'll have patients treated, I don't have the feeling of a crisis, the fear improves and the rest can come in. And the third thing we need to keep clear is a process to leave the isolation, the distancing. Not that it will end tomorrow, but we need to have a plan. Then we can show that the ... situation is under control. It may take a little, but we are controlling this process, that we are not a lost boat. So basically what I wanted to s ... say to you is that this is the method that we will treat and will ... we are going to be interacting with all ministries that will be necessary for this to happen in the quickest way possible. Basically it's that and it's a pleasure being here with you.
Bolsonaro: Yesterday I called the head of the Brazilian Highway Patrol. I found out, a note, from him, about the passing of a patrolman. And he insisted that it was COVID-19, I called him
"Please, what else? He was obese, it was that, was it" well, had, how do you call it? (asks Braga Netto about)
Braga Netto: Comorbidities
Bolsonaro: Comorbidities. But in his statement it only put out COVID-19. So let's alert the responsible, of the respective ministry, you can put COVID-19, but then put that he had fibrosis ... lots of things, I don't understand that stuff. There was a bunch of stuff there exactly not to bring fear to the population. Because we look, died an Army sergeant, for exemplo. On first look it's a healthy guy, right? A federal policeman, right? Whatever it is, this can't happen. So we ask for this care with the coworkers, right? At whoever is responsible, to the respective ministry, there someone in charge of that, right? To take this care to not bring fear to the population.
Teich and Braga Netto discuss on how long it would take to create the exit plan to the isolation
Teich: So we can speed up this process. Because in reality we are ... running against the clock. While we can't control the perception we have today that we can take care of the people, it will be hard, right? The problem of the disease is that you get a system that if you talk about efficiency, the hospitals have to be efficient. So when you talk about efficiency, you ... you go almost in the limit of care. You don't have ... you don't have spares, you don't have fat. When you get a disease that arrives, that has many people at the same time, you can't have the agility to prepare the system to take care of it. And we have an additional problem that we have to be careful, that's the following, as you have the hospitals with few ... you have many people talking about COVID, but hospitals are reducing intakes. Which means they will have financial problems. If this continues, they will have even more challenges, you will have a hospital that is in a worse state or a hospital closed.
What's happening today? Let's put it in numbers today, that we have four million people with COVID. Brazil today has two hundred and twelve million inhabitants. There are two hundred and eight million that are, that aren't, that aren't having adequate care. For you ... it's cancer, it's cardiovascular. This all is dammed, it's restringed demand. When you control COVID, the not COVID will come in strong, and you can risk a damaged structure.
Then you will only transfer the fear. What will be the fear of COVID to the fear of the not COVID. Then we have to be prepared for all that. So it's not only working the ... the short span. We have to prepare for this second stint in which this will all come together. We are doing all of this, just so you know what we are thinking of all this. Just so you can know this is all planned.
Braga Netto introduces Tarcísio Gomes, Minister of Infrastructure. He mentions using the Pró-Brasil recovery plan to invest in infrastructure, and how the money is drying up. The Central Bank has been injecting liquidity to help finish some construction projects.
Braga Netto then introduces Pedro Guimarães, head of Caixa (one of Brazil's government banks). This will be abridged
Guimarães: [...] I mean, all of those thieves, PT, PMDB, PSDB, all that thievery, twenty five percent (interest) per month. And nobody cares. [...] This morning, the people from Band (Bandeirantes, a TV channel) wanted money. The point is is this, will you or won't you give money to Band? Ah, won't give money to Band? Spent half and hour getting beaten up, but replied. And said "Look, are you at home? I have thirty thousand employees on the street. There's not deal, this bullshit of home office. I visited fifteen agencies, and you're at home?" Then they calmed down. [...] know how many people Caixa pays today? Seven million people, and everybody in home office. What bullshit is this?
Note: Band has demanded an explanation, and has said that it has not asked for no official payments. If there was a secret request of money, tell who it was and he will be fired, or else they threatened to take legal action
Guimarães: [...] Luis Lima, who swam with my father, was an Olympic athlete, had his wife and daughter of fourteen years of age arrested yesterday, in the police wagon. What the fuck is this? Sorry ... What the fuck is this? The guys goes in the wagon with his daughter. If it was me, I'd get my fifteen weapons and ... I'd give a ... I would go ... I would die. Because if my daughter went in the police wagon, I would kill or be killed. What is this? Was swimming in the ... the ... she's an Olympic athlete. You take the person, the person is swimming at fourteen years. I have a daughter that's fourteen. If my daughter goes into the police wagon either I'll kill or be killed
M (not sure who this is): Yeah, and Luiz Lima's wife didn't say she's the wife of a Federal Congressman
Guimarães: And that governor stealing
Guimarães then mentions that out of the 120 high ranking positions he purged 105. He then continues defending about how Caixa is having issues providing credit.
Guimarães: There's people from the TCU (Federal Accountability) of the emergency funds? Know what's happening? There's people there saying we give to much and people saying we give too little. We're fucked!
G continues explaining how Caixa is the one of the largest banks, and is suffering with works coming down with COVID. He continues "I told my wife: if anything happens I'll go there myself ... take a liter of hydroxychloroquine all that crap. So this way, I think we are, just the last thing, in, in a question of collective hysteria. I mean, I can have thirty thousand employees at Caixa, paying seven million today, two million on fri ... yeah, monday. Yesterday we opened 800 agencies, will open saturday, will open sunday, two hours earlier. And what does the media want? That you pay and fuck the employees. But if two die, 9 o'clock news". He goes back to the Luiz Lima case, "And then you set a rapist free?" He then thanks Moro for allowing Caixa security guards (technically federal employees) to work outside the agencies, so that they can help coordinate the lines outside.
Braga Netto introduces Ernesto Araújo, minister of foreign relations
Ernesto Araújo: [...] I'd like to mention the following, I think it's fundamental that this international dimension not be simply an adaptation of us to the international scenario, but that it takes into account the capacity Brazil has today to influence the design of a new international scenario. I am more convinced that Brazil today has the condition, the opportunity to sit in the table of the four, five, six countries that will define the new world order. [...] And this scenario is, ... I think he has to take into account the following ... we are there reviewing the last thirty years of globalization. There will be a new globalization.
What happened in these thirty years? It was a globalization blind for the theme of values, for the theme of democracy, of liberty. It was a globalization that, we are seeing now, creating a model in which the center of the international economy is in a country that isn't democratic, that doesn't respect human rights, etc, right? [...] That brings the project of, of the, the president, that's not only efficiency, economic growth, but there's liberty, the fight against corruption, the reinvention of Brazil, it's free, it's a Brazil free of these issues that we know. Thank you.
Braga Netto introduces Roberto Campos (President of the Central Bank)
Campos: I'll go back a bit here, and remind that at the end of the Dilma government the interest rate was 14.5%, short term. But the long one was 20%. And then we look at what happened and caused the interest rate that fell. [...] The rates fell up to the level of 6.5%, stabilized, had the uncertainty of the elections with the uncertainty of PT coming back, got worse, and when the market understood the pension reform was coming, was when there was space to cut rates again. [...] We have done meetings between ... meetings between the central bankers of various countries in the world, it's ... almost every week. I think there are three key points. First, there is a consensus, today, it's ... that the private world is afraid of taking risk. So, it won't ... there won't be a quick exist without the government coming in, in some way, taking risk. Because the private world is afraid to task risks due to the fear factor. [...] If you allow everybody to watch a football game tomorrow, will everybody leave their house and go?
Campos then goes explaining the fear factors, and how it has a multiplier effect to a degree.
Braga Netto then introduces Damares Alves, Minister of Human Rights, Family and Women
Damares: [...] This government has the pillar of values. [...] We received a government that didn't have data, and the data we had was false, lied. A Brazil of guesswork, a Brazil of maybe, "I think it is", "maybe yes maybe no". [...] When we went looking for traditional groups to building the fight against the coronavirus, we discovered, ministers, that we have 1.300.000 Ukrainians in Brasil and nobody every said anything about them to us. [...] We have 1.5 million gipsies and I spoke of 1.3 million. [...]
She follows up with some extra data disparities, such as rubber tappers, descendants of escaped slaves, children and elderly in care homes.
Damares: In this moment of the pandemic we see the joke of the Supreme Court bringing back abortion, and there was the question of ... are the women victim of zika will abort, and now of the coronavirus? Will they allow all that had coronavirus an abortion in Brazil? Will they allow everybody? Minister, it's filled with feminists that have a single issue that is allowing abortion. I want to remind you minister, that's arriving now, this is a pro-life government, pro-family. [...]
Follows up explaining how they are dealing with native populations and Covid
Damares: Do you know why we went there president? Because we received the news that there would be deliberate contamination in Roraima and Amazonas in natives, to kill them and blame them on Bolsonaro. I had to go there with the head of the Funai and met with generals of the region and the head the PF, so we could do a covert operation, because they had to kill more natives to say that our policy wasn't working.
Damares: So president, just to wrap up. Yeah, I'd like to say that your nervousness has a reason. There has never been so many violations of human rights in Brazil such as during this period. Fundamental rights have been violated. In our hotline there are over five thousand registries of human rights violations. But you sir have a very brave staff and minister of Human Rights. There are over five thousand proceedings and actions being made. Governors and mayors will respond to legal action.
The elderly are being arrested and thrown inside police vans in Brazil. Women thrown to the floor and being handcuffed for doing nothing ... doing nothing. We are seeing priests being fined 90 thousand reais because they were inside church with two worshippers. The greatest violation of human rights of the history of Brazil in the last thirty years of Brazil is happening right now, but we are taking action. The pandemic will pass, but governors and mayors will respond and we will ask for the arrest of governors and mayors. [...] the governor Wellington (Piauí) today, yesterday, determined that the police will be able to enter houses.
Bolsonaro asks if he signed the decree
Damares: Signed! The police will be able to enter houses without warrants. So, this way, the biggest violations are happening now. So, we are preparing, over five proceedings our ministry has taken initiative and we are asking for the arrest of a few governors.
Braga Netto introduces Marcelo Antônio, Minister of Tourism. Not much happens, with the exception of him defending the legalization of casinos, to Damares' anger. He believes it to be possible to do so with proper police work guaranteeing that it is done properly and legally.
In Damares' words "Deal with the devil"
General Mourão, vice president, invites Damares to play the roulette
Marcelo follows up with a proposal to rent hotels to isolate medical professionals and reduce exposure.
submitted by vhgomes12 to neoliberal [link] [comments]

When HR try hard to find dirt, but you have the last laugh.

Bit of a significant background, but necessary I think.
My previous job I was a cashier working at a casino in my home town. It was an international organisation that had several casinos in two countries. I quite enjoyed my job and became quite proficient in the workings of the casino as I'm one of those people who like knowing how different things work and fit together for the whole picture. My boss was hard, but fair. More importantly was he provided an environment where we could grow and professionally develop if you had the incentive. Needless to say, I participated a lot - high roller transactions, government reporting and compliance, in addition to being part of a team that implemented new management software and new equipment for the casino. I was a relief shift manager in addition to my regular duties, and was briefly promoted to shift manager before I decided to decline the promotion (during the probation period) knowing full well I may have hurt further progression.
Whilst my boss was good, upper management were garbage and had been for years - fostering an environment where lower management were fighting among themselves. They wanted to fire my boss but couldn't, so they instead put huge pressure on him to leave. He didn't leave. They then hired 2 shift managers and gave them free reign to implement changes and got the senior cashiers who did relief work (myself included) to train them up. Suffice to say, they resented this but did not ask themselves why not one of us wanted to apply for the promotion.
With free reign to implement changes and reporting directly to my boss's boss (who wanted him gone), my boss was effectively sidelined. The new managers started trying to change things without understanding what they were doing or what effect it would have on multiple departments, which pissed off a lot of my co-workers who eventually stopped trying to help and train them because they couldn't accept that we knew more about their job than they did. One day one of them approached me because a spreadsheet wasn't working properly, and being the person who updated this sheet I immediately saw that someone had been messing around with the sheet changing cell sizing, layouts which resulted in several formula breaking. I said I was reverting it back because someone had been messing with it, to which I was told it was the other shift manager and if I didn't like change I should have applied for the position. Then and there I decided I had enough, told her I was reverting it because almost all of our spreadsheets was linked to other files in finance, and they could have fucked up a lot of stuff because of "change". If you were going to change something fine, but at least know wtf you are doing first. I left her to stew on that in silence.
I was the last person who was helping them at that point, and that had just stopped. A couple of months later both resigned because they couldn't cope with the work, nor cope with the fact that every single employee in our department no longer liked them. I later found out that in their exit interviews, both of them complained very loudly against most of the senior cashiers who were supposed to be training them, myself included.
Fast forward a month, I was entering the next few weeks schedule into our roster system during a relief shift. As I do with some mundane tasks, I might poke around to see what functions the software has that can help me do my task more efficiently. I was looking into a template option and and trying to copy a previous month when I discovered staff costs on the side - effectively wages. Since I work with numbers (being a cashier) it was really easy to see that one of the previous managers was paid at entry manager rate however the other was paid an absurdly high figure. I reported the fact that I accidentally stumbled across staff cost information to the other shift manager who had been there for years. She asked me to show her so I did and I heard nothing further of it. Being good with numbers, she also noticed the 2 previous shift managers salary - especially the one being paid a large amount.
A couple of months later a 2IC was for the department was transferred from another casino within the company and some months after that my boss negotiated a nice severance package. Immediately there was certain restrictive changes implemented which hurt morale further. Later, one of my colleagues accepted a promotion to shift manager and asked me if his salary offer was fair, since he had no reference point to go by as part of management's control was to keep people in the dark and competing against each other. I told him what my offer had been and spoke a bit on how they decided on their offers based on my own experience, adding that at the end I thought it was reasonable. The next day I mentioned the conversation to the older shift manager who freaked out a little, thinking that I had discussed her salary with my colleague but also asked if I still had access to the wage info to which I replied that it was probably still there.
A day after that I was notified that I was being called into HR for a meeting due to a breach of confidentiality issue. As this fell on my day off, as I left my shift I emailed that I was not able to attend the meeting and detailed the conversation I had with my colleague. A few hours later they sent me an email stating I was being stood down immediately with pay and would notify me of the next meeting. At this point I started getting distressed as I realized that now that my previous boss was gone, they were systematically looking for an excuse to get rid of specific people across all departments.
Everyone in my department was systematically interviewed, and they tried to dig up any dirt they could find on me. They had nothing and kept looking and looking. A week turned into two. Two turned into three. At the end of the third week I was asked to come in for a meeting on the Monday (beginning of the 4th week). I came in with a friend as a support person and sat down with my boss and the HR rep. Their entire focus was on the conversation 10 months prior when I raised the issue of me discovering wage information with my supervisor. This conversation wasn't recorded, and all they had was my written statement about the conversations I had and what the older shift supervisor said. They decided that was sufficient to issue me with a first and final warning, but also stand me down from relief work and revoke access to the scheduler software. I calmly told them fine, I disagree with their decision as it was unreasonable being based of an 10 month old conversation with no formal record; and that I was looking for another job. They asked what kind of job I was looking for, to which I responded that it was none of their business.
They had the nerve to expect me to work that day. I simply told them that after 3 weeks of uncertainty I was stressed and not able to return for another week and would bring them a medical certificate. I took the outcome to my union who attempted to negotiate a better outcome but nothing changed.
When I returned to work I discovered that they had revoked much more than what was agreed on. I no longer was on certain email distribution lists which meant I was in the dark for the majority of things going on. I was somehow expected to do certain tasks but without the necessary access. I decided right there and then that I was doing the bare minimum and if I didn't have the required access I would not do any related tasks. They opted to go with the petty route I laid down my groundwork. I became uncooperative with instructions sent via email because I didn't actually receive the email (not on the mailing list). They issued me with a written warning for not following instructions so I started using up my sick leave for stress (I had lots saved up from 6 years) before handing in my 4 weeks notice. They opted to pay me out instead of having me return, probably thinking that I would try and do something malicious if I returned.
Jokes on them. Most staff in my department had a personal folder in the department's network drive where they kept stuff like training notes, resumes etc; which was publicly accessible but also a private network drive linked to your login. Most didn't use the private drive as we couldn't access it on the main network that the user terminals were on, but the department's network drive was. After the crap they took me through previously, I had cleared out my 6 years worth of notes and personal documentation from our public access folders and moved them into my personal employee drive on the network (which is where they should of been kept in the first place). This included configuration settings and options for various machines and software that we used. No one else, not even IT, had as comprehensive documentation as mine, or spent the time I did coherently learning how the various systems worked together in detail. Once IT processed my employee withdrawal, that stuff was gone.
I heard down the grapevine that a few months later they were frantically trying to find my notes to fix a serious issue. Not to mention smaller time consuming issues that occur on occasion. Haven't looked back since.
TLDR: Boss forced out, new boss crack down, written up for something unreasonable. Made sure my notes would be destroyed when I left.
Edit: The only documents I moved were my own personal notes and references. Training materials were not touched. Same with vendor reference documentation. If other people don't want to learn the nuances of their systems and how they interact then that is on them. I moved my notes as an afterthought as I didn't want people going through my stuff.
Edit 2: I realize this is only one side of the story and you may disagree with my actions, which is fair. Upper management were attempting to create as meek a workforce as they possibly could as they were wanting to look good to investors. Dozens of staff across multiple departments were pressured to resign or literally side-lined by new hires. The casino was sold around 8 months after I left.
submitted by Alamokok to pettyrevenge [link] [comments]

Today's Pre-Market Movers & News [Monday, March 30th, 2020]

Good morning traders and investors of the wallstreetbets sub! Welcome to the new trading week and a fresh start! Here are your pre-market movers and news this AM-

Today's Top Headlines for Monday, March 30th, 2020

  • U.S. stock futures were pointing to a modest decline for the Dow Jones Industrial Average at Monday’s open after President Donald Trump extended national social distancing guidelines to April 30. The Dow, which closed 4% lower Friday, did soar 12.8% for the week, logging its best weekly gain since 1938 and raising questions about whether blue chips have bottomed. However, heading into Monday’s session, the Dow was still nearly 27% off last month’s record highs. The yield on the 10-year Treasury remained below 1% early Monday. U.S. oil prices sank below $20 per barrel, near 18-year lows hit earlier this month.
  • On Sunday, mortgage bankers warned that Federal Reserve mortgage purchases are unbalancing the home lending market. In addition to the Fed’s extraordinary no limit fixed-income purchases, Wall Street analysts and economists said it would not be out of the question to see the central bank take for the first time ever a passive interest in the performance of the stock market.
  • Preparing the nation for a death toll that could exceed 100,000 from the coronavirus, Trump on Sunday walked back his previous remarks about wanting to reopen the country for business by Easter. In continuing social distancing until the end of next month, the president said, “Nothing would be worse than declaring victory before the victory has been won.” Earlier on Sunday, White House health advisor Dr. Anthony Fauci said the country could see up to 200,000 deaths and millions of infections. However, he also cautioned that those numbers are based on outbreak modeling and nothing is certain.
  • The U.S., which has the most known coronavirus infections in the world, saw confirmed cases jump to over 143,000 with 2,513 deaths, according to Johns Hopkins University data. New York has about 40% of those cases and fatalities. A field hospital has been set up inside New York’s Central Park to treat coronavirus patients. Abbott Laboratories, which received FDA emergency use authorization on Friday for a test that can detect coronavirus in 5 minutes, was praised by Trump. “Abbott has stated that they will begin delivering 50,000 tests each day, starting this week,” he said. Abbott shares were soaring about 8% in the premarket.
  • Global coronavirus cases increased to over 730,000 with 34,685 deaths and more than 149,000 recoveries. Italy, No. 2 to the U.S. in cases with about 97,700, has the worst death toll. Italy’s 10,779 fatalities are more than three times as many as China’s 3,308 deaths. Rounding out the top three, Spain just surpassed China in infections, with over 85,000 cases and more than double China’s death toll at 6,803. China, where the pandemic started in December, has the world’s fourth most known infections, nearing 82,200 cases. Germany is No. 5 in worldwide cases at about 62,400. It has 541 deaths.
  • Amazon warehouse workers in Staten Island, one of the five boroughs of New York City, plan to strike on Monday to call attention to what they claim is the lack of protections for employees. Chris Smalls, a management assistant and a lead organizer of the strike, told CNBC that workers at the fulfillment center known as JFK8, have grown increasingly concerned about coming into work after an employee tested positive for the coronavirus there last week. Amazon told CNBC that the company was supporting the individual in quarantine and asked anyone who was in contact with the worker to stay home with pay for two weeks. JFK8 remains open.
































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Johnson & Johnson (JNJ) – The company announced it has identified a lead COVID-19 vaccine candidate, and plans to begin phase 1 clinical trials by September at the latest. Its intention is to have the first batches of vaccine available for emergency use by January.


Cal-Maine Foods (CALM) – The nation’s largest egg producer reported quarterly earnings of 28 cents per share, 10 cents a share above estimates, Revenue also beat forecasts and Cal-Maine said it is not seeing any supply chain disruptions as a result of the coronavirus outbreak.


Sanofi (SNY), Regeneron Pharmaceuticals (REGN) – The drugmakers expanded a clinical trial of their rheumatoid arthritis drug Kevzara as a coronavirus treatment. The trial now includes patients outside the U.S., after beginning in America last week.




United Technologies (UTX), Raytheon (RTN) – The defense contractors have received all regulatory approvals for their all-stock merger, and expect to close the deal prior to the open on Friday. United Technologies will be renamed Raytheon Technologies and trade under the ticker “RTX.” The Carrier and Otis businesses of United Technologies will become separate publicly traded companies, trading under ticker symbols “CARR” and “OTIS,” respectively.




La-Z-Boy (LZB) – La-Z-Boy furloughed 6,800 workers, cut the pay of senior management by 50%, and of salaried workers by 25%. The furniture maker also eliminated its June dividend and stopped its share repurchase program indefinitely.


Tegna (TGNA) – Tegna said it has held talks with two of four interested parties about their takeover proposals for the regional TV station operator. Those talks have stopped, however, due to the disruption caused by the coronavirus outbreak.


Jefferies (JEF) – Jefferies said its Chief Financial Officer Peg Broadbent has died from the coronavirus. The investment bank named Teri Gendron, the CFO of the company’s financial services arm, as Broadbent’s successor.


Gilead Sciences (GILD) – Gilead said it would stop taking individual emergency requests for its experimental coronavirus drug due to overwhelming demand.


Eldorado Resorts (ERI) – Eldorado’s deal to buy rival casino operator Caesars Entertainment (CZR) could be in danger, according to the New York Post. The paper said regulators have delayed their review of the $17.3 billion deal due to the virus outbreak, while the casino industry takes a hard hit from ongoing closures.


Novartis (NVS) – Novartis CEO Vas Narasimhan told a Swiss newspaper that its malaria drug hydroxychloroquine is the drugmaker’s biggest hope against COVID-19.


Apple (AAPL) – Apple could see an 18% year-over-year drop in iPhone orders during the current quarter, according to a Reuters report.


Papa John’s (PZZA) – Investor advisory firm ISS said retired basketball superstar Shaquille O’Neal should not be re-elected to the board of the pizza chain, according to a Bloomberg report. ISS said O’Neal skipped too many board meetings and that shareholders should vote against his re-election at the April 23 annual meeting.


Procter & Gamble (PG), Kimberly-Clark (KMB) – Jefferies upgraded both consumer products makers to “buy” from “hold,” noting that both are benefiting from the “pantry-loading” taking place due to the coronavirus outbreak.






What is on everyone's radar for today's trading day ahead here at wallstreetbets?

I hope you all have an excellent trading day ahead today on this Monday, March 30th, 2020! :)

submitted by bigbear0083 to wallstreetbets [link] [comments]

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