Jason Peringer 🧉

Jason Peringer 🧉

@jasonperinger.bsky.social

"If you don't pay for the product, you are the product"

189 followers123 following2.3K posts

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1907, the Ringling brothers bought the Barnum & Bailey Circus, putting the two largest circuses in the U.S. under one owner. The seven Ringling brothers were floated the deal by James Bailey's widow, and it took them a year to agree to the $410,000 deal.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1985, Blockbuster opened in Dallas. With more than 8,000 videos and a blue-and-yellow design, it was the first of what would be more than 9,000 stores by 2004. Huge debt and competition led to a bankruptcy filing in 2010, and the last company-owned stores closed four years later.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1958, Chevrolet began sales of the El Camino. The uniquely designed vehicle combined the bed of a pickup with the front end of a passenger car. It was discontinued in the late 1980s.

Jason Peringer 🧉
@jasonperinger.bsky.social

Less Than ONE Scaramucci! Anthony Scaramucci was appointed on July 21, 2017, and removed from the role 11 days later on July 31, 2017. Katie Zacharia Is Out After 5 Days as White House Press Secretary

Jason Peringer 🧉
@jasonperinger.bsky.social

Nothing to see here... #ReleaseTheEpsteinFiles

Catherine Rampell@crampell.bsky.social

Billions of dollars’ worth of contracts predicting oil would fall and the S&P 500 would rise were placed about 15 minutes before Trump announced a U-turn on Iran in a post on Truth Social. CFTC staff began to investigate...then were told to lay off. www.bloomberg.com/news/feature...

bloomberg.comCFTC Staff Were Told to Retract Analysis of Suspicious Oil TradesChairman’s adviser intervened to take over examination of lucrative bets that were made around Trump reversal on Iran power plant attack.
Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1951, CBS offered the first color televisions for sale to the American public. The company suspended the rollout less than a month later, citing a government request to conserve key materials needed for the Korean War.

Jason Peringer 🧉
@jasonperinger.bsky.social

Today’s debt? The distance would be more than 400 miles high—seven times the height of Mt. Everest. The cost to every American taxpayer is more than $118,000—that’s 10 years of groceries or a 30% down payment on a median-priced home.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1920, more than 30 people were killed and some 300 were injured when a bomb went off outside the J.P. Morgan building on Wall Street. The Bureau of Investigation — the predecessor to the FBI — suspected anarchists but never identified the perpetrators.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 2008, Lehman Brothers filed for bankruptcy, a major moment in the global financial crisis. The company's resulting liquidation took 14 years, culminating in secured creditors getting 100% of what they were owed and unsecured creditors getting about 41%.

Jason Peringer 🧉
@jasonperinger.bsky.social

Fake News: On this day in 1835, the New York Sun published the first in a series of highly detailed articles documenting discovery of life on the moon, purportedly reprinting the articles from a science journal. Sales skyrocketed, but none of it was true. The paper fessed up to the joke 3 wks later.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 2004, Google went public. The search giant's IPO raised around $1.7 billion, with shares priced the day before through a "Dutch auction" meant to give everyday investors more of a shot alongside the big institutional buyers that typically dominate IPOs.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1913, metallurgist Harry Brearley somewhat unintentionally invented stainless steel. Working for Brown Firth Research Lab in the U.K. on behalf of a client pursuing an erosion-resistant gun barrel, he produced an alloy that didn't seem to corrode.

Jason Peringer 🧉
@jasonperinger.bsky.social

On this day in 1942, Hollywood actress and inventor Hedy Lamarr and music composer George Antheil received a patent for a communication system based on the concept of frequency hopping, intended to guide Allied torpedoes in a way the enemy couldn't jam.