Monthly Archives: January 2019

Crowdfunding To Feed Furloughed Feds

It’s probably a bad sign if Nobel Prize nominated chef Jose Andres is setting up a kitchen in your town to feed the hungry. That’s what’s happening, where? Puerto Rico? No, Washington, DC, to feed the furloughed Federal employees who … Continue reading

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SEC Charges Hackers

EDGAR is the Securities and Exchange Commission’s electronic filing website. The SEC announced that it has filed charges against six traders in California, Ukraine, and Russia who hacked into EDGAR and stole information, primarily 157 pre-filed earnings releases, and then … Continue reading

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Border Wall Campaign Killed

The best laid plans sometimes go awry (apologies to Robert Burns). U.S. Air Force veteran Brian Kolfage, a triple amputee, set up a GoFundMe page to help raise money to build President Trump’s border wall. However, after raising about $20.5 … Continue reading

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Breadcoins Feed The Homeless

One of the best uses of cryptocurrency that I’ve seen yet can get a homeless person a breakfast burrito and an apple juice. Introduced by the Central Union Mission in Washington, DC, the Breadcoin,with an inscription of the Lord’s Prayer … Continue reading

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Goat Fund Me To Fight California Fires

So, it’s Friday and this is SERIOUS. A California town is starting a Goat-Fund-Me crowdfunding campaign to raise $30,000 to bring in a herd of goats. Why goats, you may ask? To comply with President Trump’s knowledgeable advice to clear … Continue reading

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Right Wingers Abandon Patreon

A Pyrrhic victory or smart move? Right wing commentators Dr. Jordan Peterson and Dave Rubin, both of whom have large (in the millions) followings, are ditching their subscription crowdfunding schemes on Patreon due to the platform’s new rules on hate … Continue reading

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Federal Contractor Crowdfunding Missing Paycheck

The partial Federal government shut down now has Federal contract employees crowdfunding to cover missing paychecks. One woman, a contractor for the U.S. Department of Transportation, has been unable to submit her time sheets for 63 hours of work. While … Continue reading

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Religious Streaming Series Crowdfunds

“The Chosen” has crashed the crowdfunding record for a motion picture capital raise selling limited liability company interests. This proves once again that a niche production with a targeted audience can beat the studio funding system. Religious themes have been … Continue reading

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Crowdfunding To Release From Debtors Prison

The idea that there are no Debtors Prisons any more is a common misconception. In fact, in Australia one can be imprisoned for failure to pay minor fines. One Aboriginal woman was looking at jail time for “accumulated debt from … Continue reading

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Crowdfunded Lending Regs To Be Tightened In The UK

The United Kingdom’s Financial Conduct Authority (it’s SEC) has done a study of crowdfunded P2P lending there and, due to problems in the industry, will be making regulatory recommendations this quarter. Those recommendations will include: marketing these crowdfunded loan products … Continue reading

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