Tag Archives: buying

Trump Nominates Two in Reshuffle of Weapons Buying Process

Trump Nominates Two in Reshuffle of Weapons Buying Process

President Trump moved to speed up the bureaucratic reshuffle in how the Pentagon buys and develops weapons.
Source: Trump Nominates Two in Reshuffle of Weapons Buying Process

New Survey Reveals Staggering Number Of People Are Buying BitCoin On Their Credit Cards

New Survey Reveals Staggering Number Of People Are Buying BitCoin On Their Credit Cards

by Tyler Durden
ZeroHedge.com

Fri, 01/12/2018

A few weeks ago we presented anecdotal evidence from Joseph Borg, director of the Alabama Securities Commission, suggesting that people are taking out home equity loans and cash advances on credit cards just to purchase BitCoin in the hopes of getting rich quick (see: “It’s In The Mania Phase”: Securities Regulator Warns That “Mortgages Are Being Taken Out To Buy Bitcoin”)

“We’ve seen mortgages being taken out to buy bitcoin. … People do credit cards, equity lines,” said Borg, president of the North American Securities Administrators Association, a voluntary organization devoted to investor protection. Borg is also director of the Alabama Securities Commission.

“This is not something a guy who’s making $100,000 a year, who’s got a mortgage and two kids in college ought to be invested in.”

“You’re on this mania curve. At some point in time there’s got to be a leveling off. Cryptocurrency is here to stay. Blockchain is here to stay. Whether it is bitcoin or not, (more…)

Royal Navy faces £500m budget black hole after buying ships it doesn’t need

Royal Navy faces £500m budget black hole after buying ships it doesn’t need

The Royal Navy faces a £500 million ($616 million) shortfall in its annual budget after the Ministry of Defence (MoD) ordered patrol vessels it did not need. The five ships were ordered from BAE Systems because the MoD is committed to keeping shipyards in Scotland running, even if there are not any ships required. Three […]

Source: Royal Navy faces £500m budget black hole after buying ships it doesn’t need

Austria To Ban Migrants From Buying Guns

Austria To Ban Migrants From Buying Guns

The Austrian government is set to amend the laws which govern the use and possession of firearms so that illegal immigrants and asylum seekers will no longer have access to purchasing them. The new changes to the extant amendment to the Weapons Act, which was approved Thursday by the Internal Committee of the National Council prohibits […]

Source: Austria To Ban Migrants From Buying Guns