Tag Archives: Stephen E. Arnold

DTCC Major Wall St. Culprit

The Depository Trust and Clearing Corporation (DTCC) is the real culpit in the illegal manipulation of Wall Street. A self-governing organization, the DTCC is able to thumb its nose at the SEC, and is basically responsible for covering up all the stock transactions that fail to settle. For example, if Wall Street sells stock to a pension fund or individual investor and the stock isn’t delivered, the DTCC covers it up like it never happened.

Says Robert David Steele, “What it boils down to, is the DTCC is at the heart of gutting the American economy, of gutting American pension funds, of killing companies with life-saving technologies, just because you can profit from their death.” He adds the sinister DTCC also was prominent in undermining President Trump’s effort to reboot the economy in the wake of the disastrous COVID-19 pandemic. Here’s more from Stephen E. Arnold and Steele, who says he’s part of a team who has documented that more than $100 million has been stolen from Main Street, America.

A Fix For Big Tech Meltdown

Big Tech continues its unprecedented and careless meltdown, purging President Trump’s social media accounts and silencing countless alternative voices. Could this be the end of the internet and other social media platforms as we know them?

Robert David Steele says yes and he’s taken it upon himself and the aid of 12 competent minds, which he affectionately calls the 12 Apostles, to fix the current technology conundrum with Web 3.0, a decentralized, bottom-up internet. The revised internet, says Steele, will be a federated, distributed system that respects individual anonymity, identity privacy and security, dispenses with the Cloud and also walks away from most of the code.

Technology and financial guru and one of the “12 Apostles,” Stephen E. Arnold, says while the old and fragile infrastructure of the internet needs to be replaced, moving to a system such as Web 3.0 is not feasible. “The will is there, the money is there. What’s missing is the building block of process and technology to ensure that the second-stage fix is clean.” Here’s more discussion with Steele and Arnold.