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Latest Articles
Too-Big-To-Fail Banks Flooded With Deposits As Bank Run Drains Small Bank Of Cash
Post Date: 2023-03-14 15:41:08 by Esso
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Over the weekend, amid populist howls of outrage that a bailout of SVB would promote moral hazard (in the end depositors did get bailed out with a full recovery, but other unsecured creditors oddly enough would get nothing, while the common stock is a doughnut), we said that while technically true, the events that toppled SVB and now SBNY as well, are really a subsidy for the big banks. [ZH Tweet] Today, one day after many small banks nearly failed amid a surge in deposit outflows, we read that "after the back-to-back collapse of three smaller banks, their biggest US counterparts are seeing a rush of depositors fearful the crisis will spread." According to Bloomberg, JPMorgan - ...
Janet Yellen linked to SVB bank collapse
Post Date: 2023-03-14 15:40:48 by Horse
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An investigative reporter has revealed a link between Janet Yellen, who is Joe Biden's treasury secretary, and the recent collapse of Silicon Valley Bank. The bank serving mostly tech startups was shut down on Friday after failing, while Biden and others promised no depositor would be forced to bear losses. It is Paul Sperry, a New York Post columnist and longtime Hoover Institute media fellow, who posted his discovery on social media. Under a "Developing" alert, he explained, "Fed Reserve Bank of SF that missed massive red flags @ SV Bank run by openly gay diversity quota & Janet Yellen protege Mary Daly who focused more on 'climate change and inequities' ...
Bank Runs Continue as Multiple Banks on Verge of Collapse
Post Date: 2023-03-14 15:37:58 by Horse
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While the Fed’s move yesterday (Sunday, March 12th) to bailout depositors from the Big Tech banks that crashed in recent days may have prevented a stock market crash today, it did not stop the bank runs, and more than 30 banks halted trading at one point today.
U.S. Treasury to Release Biden Family's Suspicious Bank Reports to House Oversight Committee
Post Date: 2023-03-14 15:23:30 by Horse
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The Treasury Department will comply and release suspicious activity reports (SARs) generated by the Biden family and their associates’ business transactions to the House Oversight Committee, Breitbart News has learned. The Treasury’s compliance to disclose the SARs is a massive development in the House Oversight Committee’s investigation into the Biden family business to determine if President Joe Biden is compromised by communist China. The committee is investigating the Biden family business for nine violations, including wire fraud and money laundering. U.S. banks have flagged over 150 SARs from Hunter and James Biden that included “large” amounts of money ...
Controversial experiments that could make bird flu more risky poised to resume
Post Date: 2023-03-14 15:20:30 by Horse
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Controversial lab studies that modify bird flu viruses in ways that could make them more risky to humans will soon resume after being on hold for more than 4 years. ScienceInsider has learned that last year, a U.S. government review panel quietly approved experiments proposed by two labs that were previously considered so dangerous that federal officials had imposed an unusual top-down moratorium on such research. One of the projects has already received funding from the National Institutes of Health's (NIH's) National Institute of Allergy and Infectious Diseases (NIAID) in Bethesda, Maryland, and will start in a few weeks; the other is awaiting funding. Poster Comment:Bill Gates ...
New, Uncensored Police Body Cam Video DESTROYS Feds January 6th LIES! EXONERATES Peaceful Protesters
Post Date: 2023-03-14 15:10:16 by Esso
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GOP Senator John Kennedy Stated That Biden's $7 Trillion Budget Took His Breath Away And Should Be Placed In A Shredder
Post Date: 2023-03-14 15:07:11 by Horse
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The Republican Senator from Louisiana, John Kennedy, stated on Sunday that President Joe Biden’s budget, which is around $7 trillion, took his “breath away” and should be in a “shredder” instead of burdening the American Taxpayers. Kennedy stated: “The president’s budget took my breath away.” He added: “His numbers are extraordinary. We’re going to run out of digits here. It’s a $6.9 trillion budget, $4.7 trillion in new taxes that will affect everyone over 10 years, $18 trillion in new debt, a cut to defense.” Poster Comment:
The Bankruptcy of The United States by former Congressman James Traficant, R.I.P.
Post Date: 2023-03-14 14:47:41 by AllTheKings'HorsesWontDoIt
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James Traficant's U.S. Bankruptcy Speech The Bankruptcy of The United States United States Congressional Record, March 17, 1993 Vol. 33, page H-1303 Speaker-Rep. James Traficant, Jr. (Ohio) addressing the House: "Mr. Speaker, we are here now in chapter 11. Members of Congress are official trustees presiding over the greatest reorganization of any Bankrupt entity in world history, the U.S. Government. We are setting forth hopefully, a blueprint for our future. There are some who say it is a coroner’s report that will lead to our demise. It is an established fact that the United States Federal Government has been dissolved by the Emergency Banking Act, March 9, 1933, 48 ...
The Gathering Storm<
Post Date: 2023-03-14 09:59:03 by Ada
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America’s self-inflicted trouble in Ukraine aggravates our dangerous trouble at home. The crisis of American national power has begun. America’s economy is tipping over, and Western financial markets are quietly panicking. Imperiled by rising interest rates, mortgage-backed securities and U.S. Treasuries are losing their value. The market’s proverbial “vibes”— feelings, emotions, beliefs, and psychological penchants—suggest a dark turn is underway inside the American economy. American national power is measured as much by American military capability as by economic potential and performance. The growing realization that American and European ...
BREAKING NEWS: Biden To Sign Anti-2A Executive Order TODAY!
Post Date: 2023-03-14 09:55:52 by Esso
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Interfering in Elections?
Post Date: 2023-03-14 09:35:46 by Ada
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Israel uses high-technology to influence results A week ago an interesting story surfaced briefly in the news about how the developing Republican presidential candidate bids by Nikki Haley and others had been attacked over the past eleven months by possibly as many as hundreds of thousands of false automated personas, referred to in the trade as “bots,” on Twitter and other internet based social media. Interestingly, the activity was discovered and shared with Associated Press by an Israeli internet security company called Cyabra, which also claimed that the “bots” generation seem to have originated in three separate networks of false Twitter accounts. The accounts ...
Banking Troubles on the Horizon?
Post Date: 2023-03-14 09:25:44 by Ada
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The failure of Silicon Valley Bank (16th largest bank in US) last Friday resulted from depositors withdrawing their funds in response to a drop in value of the bank’s bond portfolios caused by the Federal Reserve’s ill-considered hikes in interest rates. The mindless policy implemented by the Federal Reserve cures inflation by producing bank runs, failed banks, and unemployment. The Federal Reserve and neoliberal economists are still stuck in the worn out thinking of 20th century Keynesianism. Yesterday federal regulators seized New York’s Signature Bank which was overwhelmed by deposit withdrawals. The banks’ failures, with troubles reported afflicting Republic Bank ...
FEMOIDS [Tuesday Trash Thread]
Post Date: 2023-03-14 09:03:48 by Esso
17 Comments
Israel and Its US Lobby Dealt Major Blow by China-Saudi-Iran Peace Initiative
Post Date: 2023-03-14 08:07:33 by Ada
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On Thursday the New York Times ran yet another report about Saudi Arabia’s entry into an “Abraham Accord,” but if only certain conditions could be met. It quoted longtime Israel lobby heavyweight Martin Indyk and reported on the American Israel Public Affairs Committee’s think tank the Washington Institute for Near East Policy “expert” delegation’s visit to Riyadh to finalize a deal. Then on Friday explosive news broke that China had successfully concluded a secret peace agreement between Iran and Saudi Arabia. The plan aims to restore diplomatic relations by reopening embassies within two months. They also agree to restart their April 2001 Security ...
House Democrats Attack Messengers in ‘Politicization of Government’ Hearing
Post Date: 2023-03-14 08:00:04 by Ada
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I often joke that I survived Washington because I had low expectations, but last week’s hearing of the House Weaponization of the Federal Government subcommittee would have tested the lowest of my low expectations. The purpose of the subcommittee is to look into the politicization of US government agencies and its effect on our civil liberties. But last week’s inaugural hearing of the committee was not at all a good look for the Democrats, who brought nothing but insults for the witnesses. Things got off on the wrong foot very quickly, as Democrat committee Members seemed less interested in what witnesses Matt Taibbi and Michael Shellenberger had to say than in attacking the ...
Ukraine’s Death by Proxy
Post Date: 2023-03-14 07:56:51 by Ada
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Ukraine is a pawn for militarists intent on degrading Russia and ultimately China in a self-defeating quest to ensure U.S. global hegemony. The end of this war, like most proxy wars, will be ugly. There are many ways for a state to project power and weaken adversaries, but proxy wars are one of the most cynical. Proxy wars devour the countries they purport to defend. They entice nations or insurgents to fight for geopolitical goals that are ultimately not in their interest. The war in Ukraine has little to do with Ukrainian freedom and a lot to do with degrading the Russian military and weakening Vladimir Putin’s grip on power. And when Ukraine looks headed for defeat, or the war ...
Ukraine’s Death by Proxy
Post Date: 2023-03-14 07:45:38 by Ada
0 Comments
Ukraine is a pawn for militarists intent on degrading Russia and ultimately China in a self-defeating quest to ensure U.S. global hegemony. The end of this war, like most proxy wars, will be ugly. There are many ways for a state to project power and weaken adversaries, but proxy wars are one of the most cynical. Proxy wars devour the countries they purport to defend. They entice nations or insurgents to fight for geopolitical goals that are ultimately not in their interest. The war in Ukraine has little to do with Ukrainian freedom and a lot to do with degrading the Russian military and weakening Vladimir Putin’s grip on power. And when Ukraine looks headed for defeat, or the war ...
'FBI HAVE IT BEFORE GIULIANI' Biden HUMILIATED in HEATED debate with Matt Gaetz over Hunter's cr.ime
Post Date: 2023-03-14 07:45:17 by Horse
1 Comments
Poster Comment:FBI had laptop in 1999. Rudy did not get it until 2020.
Qatar commits $500k to families of Huwara rampage victims
Post Date: 2023-03-14 07:29:00 by Horse
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Qatar’s Emir Sheikh Tamim Bin Hamad bin Khalifa Al-Thani on 13 March committed $500,000 to the families of the victims of the recent rampage in the town of Huwara in the occupied West Bank city of Nablus carried out by extremist Israeli settlers. On the night of 26 February, Israeli settlers stormed the town of Huwara and proceeded to burn 75 homes, injuring nearly 400 Palestinians and killing one. According to eyewitness reports, the Israeli military witnessed the violence but took no action to stop it. The Israeli military estimated that between 300 and 400 people participated in the pogrom. The Huwara Municipality expressed its gratitude to the Secretary-General of the ...
10,000 Dutch Farmers Protest Govt's Crippling Nitrogen Emissions Target In The Hague
Post Date: 2023-03-14 07:24:33 by Horse
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Protesters claim the Dutch government is lying about the extent of the emissions problem in order to grab privately owned land...
The Collapse Of Silicon Valley Bank Is Meant To Control Big Tech and Usher In CBDC
Post Date: 2023-03-13 23:52:10 by Horse
2 Comments
Poster Comment:SVB was solvent. It was heavily invested in Treasury bonds. The FED chose to let it go under in a bank run.
SURPRISE !1 FRUIT SOLVES 14 OF YOUR HEALTH PROBLEMS
Post Date: 2023-03-13 23:27:18 by Horse
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Poster Comment:Avocado. I eat a lot of them. I had to stop the video several times to read all the text.
Michael Hudson: Why The Banking System Is Breaking Up
Post Date: 2023-03-13 23:12:15 by Horse
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Authored by Michael Hudson, The collapses of Silvergate and Silicon Valley Bank are like icebergs calving off from the Antarctic glacier. The financial analogy to the global warming causing this collapse of supporting shelving is the rising temperature of interest rates, which spiked last Thursday and Friday to close at 4.60 percent for the U.S. Treasury’s two-year bonds. Bank depositors meanwhile were still being paid only 0.2 percent on their deposits. That has led to a steady withdrawal of funds from banks – and a corresponding decline in commercial bank balances with the Federal Reserve. Most media reports reflect a prayer that the bank runs will be localized, as if there ...
“It’s As Bad As We Thought”: CCP Money Flowed To Biden Family According Bank Records, Documents Obtained By House GOP
Post Date: 2023-03-13 21:56:56 by Original_Intent
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Republicans on the House Oversight Committee have been working with four witnesses with close ties to the Bidens, who have provided documents and other evidence tying the Bidens to the Chinese Communist Party. “It’s as bad as we thought… Since we’ve last spoken we have bank records in hand. We have individuals who are working with our committee,” Committee chair James Comer (R-KY) told Fox News‘ Maria Bartiromo on “Sunday Morning Futures.” “In the last two weeks we’ve met with either these individuals personally or with their attorneys. And that would be four individuals who had ties in with the Biden family in their various schemes ...
Oh SHIT, more banks fail as Biden authorizes Fed and FDIC takeover | Redacted with Clayton Morris
Post Date: 2023-03-13 21:56:02 by Esso
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