The lack of critical thinking skills in this country is caused by an underfunded and broken public education system. That problem is deliberate. It’s by design. If you keep people stupid and you control what “news” they are exposed to, then those people will never figure out that the real source of their pain comes from these rich pricks. Carlin also says, “it keeps the lower and middle classes fighting among themselves so that they, the rich, can run off with all the f*cking money.”

As AZCoin News reported, Ripple is preparing for a bomb blast after a judge ruled that Williman Hinman, former director of the U.S. Securities and Exchange Commission’s Division of Corporation Finance could be questioned as part of an ongoing legal battle over the $1.3 billion XRP sale. This seems to be good news for XRP price momentum, but can on-chain indicators do the trick?

Ripple’s victory is not enough to push XRP price because it’s near death cross

Based on the price chart, the XRP price 50-day moving average is about to fall below the 200-day moving average—a pattern known as the “death cross”—suggesting further XRP price pain could be on the way.

ripple-small-victory-in-the-ongoing-battle-with-the-sec-is-not-enough-to-help-xrp-price-increase-in-the-near-term

Source: TradingView

XRP is down 70% since rising to a peak near $2 in April, along with the market crash over the past few months. Even so, XRP is still recording a gain of around 160% year-to-date. But it’s still a long way from the ATH peak at $3.4 in 2018.

Its recent downward trading pattern, set to produce the first XRP “death cross” in five months, is widely regarded as a bear market signal although some consider it a lagging indicator.

Bitcoin saw a similar trading pattern in June and as a result, neither fell further nor created any ground after the sell-off in May. When BTC saw a death cross trading pattern in March 2020, it heralds a massive bull run that sends even smaller cryptocurrencies to all-time highs.

However, let’s talk a little bit about the so-called “small victory” that the XRP Army is proud of these days. New York District Court Judge Sarah Netburn ruled former SEC director of finance corporation Bill Hinman can be questioned by Ripple—whose court appearance is now set for July 27.

Forget the politicians. They are irrelevant. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice! You have OWNERS! They OWN YOU. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought, and paid for the Senate, the Congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear. They got you by the balls.

Ripple’s victory is not enough to push XRP price because it’s near death cross

“This is not a run-of-the-mill SEC enforcement case,” Bloomberg quoted Netburn as saying on a conference call, adding that Hinman’s deposition wouldn’t open the flood gates on government officials who have spoken on laws, regulations, or policies as the SEC had claimed when it sought to block Hinman’s testimony.

Moreover, even in 2018, Hinman said that Ethereum is not a security, Ripple cannot use that as an argument to compare XRP and ETH. Commenting on this, Anderson Kill partner Stephen Palley said: “You don’t win a case by getting a judge to order a deposition. That is a small battle. It is not the war.”

That Ripple has paid a boatload of money to get a judge to order Hinman’s deposition is of course a win. But the thing is still a centralized money-making operation that has netted insiders with de facto centralized control a billion dollars plus. And that fact a judge lets a defendant take broad discovery provides little predictive power.

However, there are still many opinions in favor of Ripple. “Ripple has made another small victory in its ongoing battle with the SEC,” Alexandra Clark, sales trader at the U.K.-based digital asset broker GlobalBlock stated.

And of course, the XRP Army on Twitter is still enthusiastically supporting XRP. They even made many memes comparing XRP and Bitcoin.

“Nobody seems to notice, nobody seems to care” that’s the scary part

http://www.portlandae911truth.org/

Select a past blast:

Welcome to America where ironically the comedians speak more truth than the politicians

But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education SUCKS, and it’s the same reason it will never, ever,  EVER be fixed.

It’s never going to get any better, don’t look for it, be happy with what you’ve got.

Because the owners, the owners of this country don’t want that. I’m talking about the real owners now, the BIG owners! The Wealthy… the REAL owners! The big wealthy business interests that control things and make all the important decisions.

Forget the politicians. They are irrelevant. The politicians are put there to give you the idea that you have freedom of choice. You don’t. You have no choice! You have OWNERS! They OWN YOU. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought, and paid for the Senate, the Congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies, so they control just about all of the news and information you get to hear. They got you by the balls.

They spend billions of dollars every year lobbying,  lobbying, to get what they want.  Well, we know what they want. They want more for themselves and less for everybody else, but I’ll tell you what they don’t want: 

They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests.

Thats right. They don’t want people who are smart enough to sit around a kitchen table and think about how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago. They don’t want that!

You know what they want? They want obedient workers. Obedient workers, people who are just smart enough to run the machines and do the paperwork. And just dumb enough to passively accept all these increasingly shitty jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you sooner or later cause they own this fucking place! It’s a big club, and you ain’t in it!  You, and I, are not in the big club.

By the way, it’s the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head with their media telling you what to believe, what to think and what to buy. The table has tilted folks. The game is rigged and nobody seems to notice. Nobody seems to care! Good honest hard-working people; white collar, blue collar it doesn’t matter what color shirt you have on. Good honest hard-working people continue, these are people of modest means, continue to elect these rich cock suckers who don’t give a fuck about you….they don’t give a fuck about you… they don’t give a FUCK about you.

They don’t care about you at all… at all… AT ALL.  And nobody seems to notice. Nobody seems to care. Thats what the owners count on. The fact that Americans will probably remain willfully ignorant of the big red, white and blue dick thats being jammed up their assholes everyday, because the owners of this country know the truth.

It’s called the American Dream,because you have to be asleep to believe it.