Babylon's Bankers

NASDAQ CONSIDERING MOVE TO TEXAS?

So many people sent me versions of this story it would be impossible to thank each individually, but the numbers of people who did so clearly indicate that our "Gizars" are still on top of their game. Indeed, I am blogging about this story because it has my suspicion meter in the red zone. Here's a version shared by M.G.:

https://www.ksat.com/news/texas/2020/11/10/wall-street-moving-to-big-d-nasdaq-other-stock-exchanges-consider-relocating-to-texas/

What's the story? Basically the NASDAQ stock exchange is considering pulling up stakes, and leaving its New Jersey/New York home, and heading for Texas, Dallas to be specific. And NASDAQ isn't the only exchange considering such a move. There are rumors that the NYSE itself might consider a move to Texas.

From the article:

Officials from Nasdaq and other major stock exchanges will meet with Gov. Greg Abbott on Nov. 20 in Austin to discuss a possible move from New Jersey to Texas, nbcdfw.com and the Dallas Morning News reported.

The meeting comes on the heels of the exchanges threatening to move their trading platforms out of New Jersey, the report said.

Abbott and other Texas officials plan to boast the state’s business-friendly environment during the meeting.

“Texas continues to be the premier economic destination in the country, attracting more leading businesses than any other state,” spokeswoman Renae Eze said in a statement to The Dallas Morning News. “The governor looks forward to meeting with Nasdaq and showcasing Texas' business-friendly environment, skilled workforce, robust infrastructure, and low taxes, all of which foster greater economic growth in the Lone Star State.”

According to The Dallas Morning News, Abbott’s office has been talking with Nasdaq and other exchanges about moving their data centers to Dallas because of a potential tax on financial transactions in New Jersey. (Emphases added)

Now this article, one might have noted, is a bit peculiar in several respects. For one thing, it mentions - twice - "NASDAQ and other exchanges," the clear implication being the NYSE itself. But that's only one of what might be "other exchanges." We'll get back to that in a moment. Then there is a second peculiarity in that the article specially mentions that what is being moved are the "trading platforms" and "data centers". I strongly suspect that the language here is meant to be reassuring to the low information news consumer, because the language implies that the actual exchange floors themselves - you know, that image we have in our minds of people on the floors of those exchanges shouting bids at each other and waving papers around. They're just moving the data centers and not the actual exchanges themselves.

Except in the modern world of dark pools and algorithmic trading, to move the data center so far away from the actual trading floor is a big clue, because in the dark pool world of quants and algorithmic trading, moving the data center is moving the trading floor, at least, the virtual one. And whatever may be left of real humans on the real trading floor shouting buy and sell orders at each other won't be far behind. THe reason? Because in the world of algorithmic trading, trading/data centers need to be as close to "the action" as possible, because trades are executed in nanoseconds. The farther the distance - even at the speed of light - the greater the risk that certain trades won't go through in time.

Which brings me back to "the other exchanges." The article, I suspect, has already given us the "public spin version" of the reasons for the move: higher taxes. But I suspect the deeper reason is the insanity of the political culture in the "blue states", and their increasing fiscal unsoundness and lack of stability. It's difficult - even in a dark pool - for traders manning the phone banks and computers to execute trades by following arrows on the floor, wearing masks, and "social distancing" (which Abbot will have to explain too). One needs sane environments in which to conduct market activities. So one wonders if "other exchanges" means that commodities exchanges - like in Chicago, another "blue" city with a mayor competing with DiBlasio for the nuttiest mayor of the year award - might be looking at Texas as well.

Which brings me to my high octane speculation of the day, for I do not for a moment think that this is just happenstance. All the mentioned "reasons" in the article seem to be to be a bit contrived. After all, New York and New Jersey have had high taxes for years if not decades. So what has changed? For one thing, the political and cultural climate. For another, the financial one. Texas is a producing state. It produces things: crops, cattle, horses, technologies, rockets, airplanes, cement... New York produces, hmmm... well, crops, horses, some technology, and things like that. But it's biggest product is "financial paper", or what I call "crapitalism." And it's produced a lot of that. And it also produces lots of taxes. So if one is entertaining the idea of a financial reset, or even a "coming split" in the country, one wants to be "where the action is," and that's not New York or California, it's Texas.

And while we're talking about splits and financial resets, Texas has something else New York doesn't, and that thing makes me wonder if we're looking at the public face of plans - detailed plans - that were set in motion some time ago...:

Texas has a state bullion depository. And isn't it funny how they're all of a sudden talking about crypto-"currencies" "backed" by gold...

All New York has is the Federal Reserve... which tends to lose massive amounts of gold on occasion. Just ask Hjalmar Schacht...

It's much easier to re-hypothecate and otherwise lose gold if one is dealing in currencies that aren't really currencies...

See you on the flip side...

54 thoughts on “NASDAQ CONSIDERING MOVE TO TEXAS?”

  1. Texas has problems. Entering the state from the east along route 40 you are “greeted” by McClean Tx which is basically a pile of rubble. I don’t see NASDAQ helping its dwindling number of residents.

  2. 1. Location – Closer to China & Kissinger’s snake nest plus the UN wants to rule the territories surrendered to the Homo vacinian edicts
    2. Infrastructure – Since the Chinese embassy data collection nest was removed, there’s so much more capacity on the networks.
    3. Space Nazi’s have always loved The strudel in Texas

  3. This post pushed me over the edge to finally become a member, just so I could say..

    By “other exchanges” they are likely referring to CRYPTOCURRENCY exchanges! The New York “bit license” has been notoriously difficult for exchanges to get, and if the future is a post-dollar one, wouldn’t it make sense for the future stock exchange and budding crypto exchanges to move somewhere where they could merge without government resistance?

  4. Besides one of the lowest personal and corporate tax regimes in the nation, Texas also boasts a fully isolated power grid and a bullion bank. I’d say any corporation would be damn fools not to move their operations there.

    As an independent nation, Texas would have the 10th largest economy in the world, several space-based operations, it’s own Silly-con Valley, and energy independence, not to mention one of the largest fully funded retirement systems and a pretty good tuition bonus for residents attending state universities.

    Come to think of it, why is Texas still floating the US economy?

  5. Also interesting, on the space side:
    “NSF begins planning for decommissioning of Arecibo Observatory’s 305-meter telescope due to safety concerns”
    https://www.nsf.gov/news/news_summ.jsp?cntn_id=301674
    “The second broken cable was unexpected — engineering assessments following the auxiliary cable failure indicated the structure was stable and the planning process to restore the telescope to operation was underway. Engineers subsequently found this 3-inch main cable snapped at about 60% of what should have been its minimum breaking strength during a period of calm weather, raising the possibility of other cables being weaker than expected.”

    “Leadership at Arecibo Observatory and UCF did a commendable job addressing this situation, acting quickly and pursuing every possible option to save this incredible instrument,” said Ralph Gaume, director of NSF’s Division of Astronomical Sciences. “Until these assessments came in, our question was not if the observatory should be repaired but how. But in the end, a preponderance of data showed that we simply could not do this safely. And that is a line we cannot cross.”

    If this was just sub-standard engineering, then a powerful observatory is lost. Sad. If this is shutting-down a long-range radar observatory, what is being shielded from observations?

  6. On the conventional front, I could see this tongue-wagging as being a counter-push to the proposed taxes in New Jersey. Various corporations do this all the time, to warn-off politicians: You are not the only fish in the pond. Many times, the pols get the ‘threat’ message and back-off…

    On the tip of the twig, there is the dormant volcano on Tenerife. Scientific version:
    https://www.volcanodiscovery.com/canary-islands.html
    Lurid, yellow journalism version:
    https://www.tripspoint.com/travel-news/killer-tsunamis-tenerife-volcano-teide-erupts

    The key here is that a “large chunk of land in the North-West does eventually fall into the ocean” can be helped along with human action. Several sites have already mentioned that strategically-placed nukes could activate already-existing discontinuities (due to successive volcanic flows) and cause slippage of a huge mass into the sea.

    Humanity is entering into a time of great instability. Some form of worldwide ‘financial reset’ is looming. Just like the plandemic has been ushering this along, so could a massive devastation along Atlantic coasts.

    If one were in the know, one might plan ahead to be in a ‘safe region’ before the Grand Tsunami arrived…

    (Note that a similar situation exists on the main island of Hawaii. There is also the hot spot beneath Yellowstone. If one were to ‘suppose’ a trio of catastrophes, Texas might be a good place to sit-out the consequences…)

  7. Initially, being over 500 feet above sea level is far better than 75 feet. Tsunami activity from a great plunge will need more than a contract plumber to evacuate the post Tsunami bilge from the lower floors.

    Dispersion of assets, in any case, is a viable option, not to mention setup, building, and logistics of staff, stuff, and communications. Those later items take time and expertise and security steps, of course. Don’t want buildings and surrounding architecture set into self-demolition, though, like some building 7 again. Consider those migrating citizens from another state getting away from low water levels and fault lines. Just saying. . .

    Lower taxes and NO taxation work better as an incentive than poor management, micromanagement, or no management where necessary or mismanagement. Better to prepare a backup plan before a backup is necessary or desperately needed. Should colder weather start tracking and staying in lower latitudes Texas is likely to still have reasonable weather and flowing rivers. It might have been under the seas a while ago geologically, going back to that terrestrial geologic state anytime soon seems less likely. That’s only the celestial material matters many folks do not pay attention to. A bit over the top into the clouds, maybe, but possible.

    What would continuity of government be without financing, anyway, if you already have a turn-key operation in place. One’s guess, a hypothetical that didn’t materialize. The cause was blunted. It seems a lot of other first world countries and economies have similar ideas but are waiting for the opportunity to move and move fast. Such are those unforeseen variables that have to be dealt with when they arise. That takes experience more than planning. Slithering around just won’t make it but it’s a sure way to get squashed and made part of the fodder for recycling.

    Then again, there might be room for an alternative possibility for what used to be aus dem alten Land. There still seems to be a lot of gold missing in action. Probably in perpetual transit for safe keeping.

  8. Texas is the Russia and the rest of the states are the stans? Then who is Chechnya? NY? Wait Seattle.

  9. Del Bigtree highlited a move to Texas when he left Cali. Word is Colorado is not far behind Cali.
    https://www.bit
    chute.com/video/dqMVfzy64d3J/?list=notifications&randomize=false
    Sounds like Bigtree is finally going after topics he avoided while on youtube. He’s interviewing James Corbett about Klaus and Billious’ great love affair er reset.

  10. TogetherWorks Foundation

    “the insanity of the political culture in the “blue states”, and their increasing fiscal unsoundness and lack of stability” WERE AND ARE JUST A FEW OF THE REASONS I BECAME PHYSICALLY ILL WHENEVER I EACH TIME I WENT TO NYC ON CONSULTING GIGS. THE LARGEST GROUP OF THE MOST TOXIC CORPORATE PSYCHOPATHS I HAD EXPERIENCED DURING 40 YEAR CAREER OF GLOBAL CORPORATE TURN-AROUNDS.

    THEN 20 YEARS AGO I MOVED FROM LOS ANGELES TO AUSTIN TEXAS FOR THE SAME REASONS.

    AND A FEW YEARS AGO I MOVE AGAIN, BECAUSE THE PSYCHOPATHS FROM CALIFORNIA WERE MOVING TO AUSTIN, AND I WITNESSED THEIR EVIL INTENTIONS BEGINNING TO INFECT TEXAS.

    NOW I WILL NOT LIVE IN CA. NY. OR TX. TO ALL THOSE I WARNED OF WHAT WAS COMING. REMEMBER WHEN I TOLD YOU WHAT WAS HAPPENING.

  11. This looks like the USA has outlived its usefulness and is to join the Roman Empire in the dustbin. Alongside the Eastern Roman Empire and Holy Roman Empire there even plans to balkanize Spain and the UK as well. Just who are the real puppetmasters in Europe and how long have they been running the show.

      1. Nidster – True, but I think the Roman and U.S. civil wars were really different. The U.S. case involves two huge economically and culturally divided parts of the empire coming into conflict. That’s more like the East and West Roman Empires going to war with each other. The Roman civil wars were closer to fights between mafia dons (generals) with big armies. Nobody was questioning the value of Roman law, culture, and civilization.

        1. Well, I would refer you to Michael Vlahous, a recognized authority on Civil Wars, Roman Civil Wars in particular, regarding disputes over Roman law, culture, and other similar matters. Those ‘endless’ wars did finally result in its collapse. Your point RE: “mafia dons (generals) with big armies” is nonetheless accurate, with the added point that some wished to save the Republic, while ‘others’ were opposed.

          1. I’m no authority on Roman history, so I’ll easily stand corrected. Sure, they fought over whether the emperor or Senate should be in charge, what kind of rights to give plebs and non-citizens, and many other points of law and government. Yet I’d be surprised if the Roman civil wars were led by people who said/thought the kind of things we hear out of “leaders” in America today. Hard for me to imagine a Roman general saying, “Roman society has been unfair, deeply flawed, and fundamentally evil from the beginning. We’ve been oppressing barbarians for centuries, and now is time to repent, make amends, and repudiate Roman history and culture.” I don’t think the Romans ever thought their civilization was worthy of collapse, the way many in the West seem to think of Western civilization today.

          2. Also, I don’t know if there were many Roman civil wars involving one or more established Roman provinces trying to break away from the republic/empire.

  12. Yea Katie the Isle of Man has always struck me as an odd place, and why I don’t know. I suppose it is because of the movies and the scenery. I remember when Nigel Mansell moved there it seems like he didn’t stay there very long somewhat like when he moved to Florida. I met him and his wife when he lived there. I lived in Lakeland and handled operations across central Florida. I loved to see him race. The lion.

    1. I’ve never even been actually! I must go as lots of ancient stuff there.

      I remember when Nigel Mansell was all the rage! Better times, eh?!

  13. Gen 12:1 – Is Terah the royal & ancient wizard now ‘dead’ so wisdom & yalak #3212 comes into play? The first step would be to stop the bleeding/rampant access to deception & theft and then reduce the exposure to harm from the territory/political forces, kindred/business associates, fathers house/worshipful way of city of London culture.
    Not unlike the election train wreck & its similar management systems, hardware & software …

  14. Texas is going to have to be very careful about it’s legal situation.
    Where the exchanges go the banks will follow. Part of the dirty business of banking is taking deposits from whomever needs your services without asking questions.
    Doing that job effectively requires a moral flexibility to take anything from laundered drug money, gains from human trafficking and other illegal activities.
    It also requires magistrates who are willing to overlook such things and are willing to be bought off.
    If this happens, the Southern District of New York’s corruption may move to Dallas.

  15. Robert Barricklow

    Apparently; although Wall Street has engineered the coming USSA regime[as they engineered the Russian/Lenin revolution]; Wall Street doesn’t want to participate in a “sharing” economy.
    Oh, Wall Street will own the real estate; intellectual capital; and other forms of capital from which to rent., I mean share it’s capital. It will be from an independent state w/its own power grid and gold depository.

    On to read today’s blog …

    Data is the new oil; and financial data like trading platforms are the Saudi Arabia’s of financial gushers. The companies they own are just conduits through the operating system of centralized currency[issued by the international private banking cartel] can execute extraction routines. W/each new round of growth, more money and value is derived up from the real worlds of people & resources to those who have the monopoly of capital[today it’s called: financial capitalism].
    If central currency can be thought of as the operating system of our economy than the corporations are the software that runs on top of it. Wall Street are the true natives of financial capitalism, which is why they are so much at home in this operating system than we humans.
    The heart of the system needs to be free of government interference. In fact, Wall Street need to control the government. The NWO appears to be having problems w/this arrangement. hence, the move to Texas; and other exchanges, to be as close to the rich blood circulation from the heart, as algorithmically possible[not humanly possible].
    Financial capitalism is a parasite that needs a health host: one it can extract real goods & services from.
    Then there’s that gold hype about crypto currencies backed by gold. And Texas has that gold/bullion depository; unlike Fort Knox, from which the vampire squids have been sucking from for way too long.
    Now for some fresh Texas meat/gold.
    He who has the gold;
    has the parasite at his or her door.

    International private banking cartel,
    “Knock, Knock!”
    Texas, “Whose there?”.

    1. Remember Texas Intruments & the other original ‘tech’ stocks from the 1960’s public offerings based on Fourth Reich technology allegedly from the NASA ‘space program’. They were Kountry before Kountry was Kool and before the C_A ‘doctors of the hive mind’ publicly set up their cardboard lobby cutouts in Silicon Valley to work with the CCP & others. Plus their sewer systems are more accommodating.

    2. I like your comment so I am adding on:

      International private banking cartel,
      “Knock, Knock!”
      Texas, “Whose there?”
      cartel, “can I”
      Texas, “can I who?”
      cartel, “Can I use your infrastructure and pay no taxes?”

      1. Robert Barricklow

        When Texas turns blue?
        Knock, Knock!
        Whose there?
        Texas.
        Texas who?
        Taxes are going to get higher.

    3. Robert Barricklow

      In this coming financialized technology;
      humanity will really not be participating. Transhumanists/Singulitarians consider technology more trustworthy than humans. Surveillance is not just a profit center for social media, but a way of safeguarding digital society from human resistance.
      Code enforces rules; blockchained reality, where machines execute the letter of law[code] w/o any regard to or sense of spirit whatsoever.

  16. This is really interesting… No way is this just about taxes. The big-money men must know something is in the works if they’re going to move operations to Texas. My first thought: they must feel they’d be safer, in some sense or other, in Texas. A few other thoughts: Texas is more protected geographically (but still has a coast); its economy in GDP is bigger than that of most countries, and second among U.S. states. All that, plus the gold reserves. If the U.S. did crack up, Texas is one of the few states that has a really good shot at surviving as an autonomous entity. At very least, it would be the regional economic leader.

      1. Billy Bob, we need to talk. Old couple with border collies needs to re-career out of Illinoids before Pritzker collapse the whole state on us. This looks worse that Greece with retirement funds raided and rehypothicated for the last 4 governors to say the least. Care to give recommendations? CDL driver and HR admin in education.

    1. Maybe the North American cartels have received their standing / seat at the table with the deep state bankers? Better location to the belt & road of North America as outlined by the Club of Rome & the 10 kingdoms so long ago? Definitely better access to the cartel corn fed ‘first nation’ secretshuns the Trudeau, Clinton & Windsor serpent crowd lust for.

  17. Well, Sucession and Balkanisation of Nation States is the aim of those who are running this agenda, The break up of those once United States is made a bit more feasible by Red/Blue fracture lines and the demographic imperatives to escape the insanity.
    Also, there is that decades old theory about an East Coast tsunami due to a chunk of the Azores falling seawards. Earth techtonic activities being correlated to Solar system bodies, I do hope the December 21st 2020 conjunction of Jupiter and Saturn is not the sign off of this Historic year!

  18. Texas is quickly becoming a blue state thanks to all the lefty loonies moving in from commifornia and old york much like the old york lefty loonies killed off New Hampshire and Vermont, states that had in the past elected more rational politicians.

    1. We have plenty of blue sky and sunshine that turns blue people green with envy once they experience our culture, unless their love of slavery is too strong.

  19. NASDAQ left New York because of high taxes.
    Then the brilliant, greedy governor in New Jersey decide to put a micro tax on every transaction.
    While there are many other factors, I think the taxes are significant.
    Fortunately, we still have mobility in this country to move your business to a less tax jurisdiction.
    Maybe NASDAQ is doing it while they can?

  20. The Comex, notorious for bullion price suppression via “paper” gold and silver, has its headquarters in Chicago. According to a number of analysts, the silver manipulation , for a variety of reasons starting from rising industrial demand and tight supplies, is nearing the breaking point. So its dynamics are quite different from gold, which central banks worldwide (and other entities like the bullion depositories in the US?) will try to go on acquiring at the price set by them.

  21. Or, they smell a storm brewing over the pond, complete with earthquakes, asteroids, rods of god, and spooky action at a distance.

  22. There are some signs that a fundamental change might indeed be imminent on the political (and thus financial) stage:

    – Trump is described by senatusconsultum dot eu as the “45th and LAST president of the USA”.

    – In middle 2019, excited reports circulated in the European MSM that Trump appeared before a “fake presidential seal”: the gold wreath was missing (as a sign of allegiance to the British Empire) and instead of the one-headed eagle, the double-headed eagle appeared… which unnecessarily held a bundle of bank bills in its beak (reference to sovereign money, JFK anybody?). Also on the “fake presidential seal” a golf club could be seen… exactly what Trump was doing at the time immediately during/after the election. Hints everywhere.

    Particularly the double-headed eagle is a strong symbol:

    – The Scottish York Order used it. This order was an extension of the Templar migration into Scotland as they escaped from land controlled by the Catholic Church and France. Trumps has Scottish roots,

    – Russia supported the Union during the American Civil War. There was an issuance of Lincoln coins which had a double eagle on one side. Instead of two heads on one bird, it was a mirrored reflection of an eagle. A Thank you to Russia?

    – The double-headed eagle was used by the House of Romanov in Russia and so on.

    All in all, there is a pattern of right-minded morality aligned with the double-headed eagle symbolism throughout history.

    It is certainly possible that Trump proclaims the republic and some blue states do not want to be there. With this move he would also end the FED system.

    1. The inner circle of the Templars went into Switzerland but some did go into Scotland, Portugal and possibly North America. The Scottish Rite And York Rite came many years later.. on record. The documents show masonic meeting minutes in the late 1500s, but there was probably underground conclaves used to escape the wicked catholic demons. Strange as it may seem, the Scottish Rite actually had its roots in France.

      I don’t think Trump will be president next year, but I do think the Federal Reserve will eventually perish along with
      some states and instead form themselves into zones.

      That’s interesting about the fake seal. Thanks

      1. Spot on Don. Also, the Scottish Rite was later influenced by occultists and became very ceremonial, whereas the York Rite did not do any of that. Also interesting to note is the rumour that the Scottish Rite controls the tax havens of the Isle of Man and Jersey.

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