The CNN panel was jaw-agape as Kevin O’Leary appeared earlier today to inform them the decision by Joe Biden to guarantee every deposit in U.S. regional banks is akin to “Joe Biden just nationalized the U.S. banking system.”
O’Leary is correct, and anyone who is holding assets like stocks or bonds in U.S. banks now needs to reconsider the disappeared line between government and the bank assets. If the government can assume, control and backstop every single account balance within the bank, the government can assume and control all activity of the bank. WATCH:
.
Downstream…. think about the consequences. Remember the frozen bank accounts in Canada as a result of defining truck protest supporting Canadian citizens as domestic extremists?
Now think about the government no longer needing to ask the bank to take action, the govt has a regulatory ability to demand the bank to take action. This takes “debanking” to an entire new level. People are wondering why cryptocurrencies went up in value today. There’s your answer.
Comrade citizens, at the end of this rainbow of bank nudges, we will find ourselves at the footsteps of a government controlled central bank digital currency.
Nuts!
Never let a crisis go to waste. Especially if you planned it.
People need to understand that plumbers and waitresses can’t break a bank
Remember Sri Lanka? As of April, Germany will ban all fertilizers! World has truly gone nuts
How about this: never let a 🇨🇳waste cause a crisis.
So Biden, by Imperial Fiat, has done away with our Capitalist Free Market. Obama is in Georgetown doing cartwheels! Will the feckless Republicans push back?
They are currently forming a committee on the formation of committees. No, they are worthless.
Committees and hearings. Along with crafting a strongly worded letter.
God help us all.
& ms linsey gonna send a letter.
Sadly no, the other wing of the uniparty vulture will not fight back.
They will trip over each other running to invest in funds based on the target-rich insider trading that is surely being identified as we speak.
The RNC will already be assembling the fundraising emails shouting about the dastardly Biden administration.
“COVID-19 worked even better than expected”
Climate Change for Thee but Not For Me!!
What is that dude doing in the background behind him?
🥺
Ask the Secretary of Transportation.
Sc**wing the USA.
Will conservative leadership ever light the fire under the GOP *sses?
We may have more hearings about this … 😏
Reminds me of Lee responding to Pickett when told to look to his Division.
Pickett: General Lee, I have no Division.
Marsouin: We have no leadership.
When the Kenyan first dared to say the United States of America needed to be transformed fundamentally, which means basically from the ground up, he should have been deported!
What capitalist free market?
You haven’t been paying attention since FDR.
I will continue converting greenbacks into brass, lead and water purification tablets.
Hah, just received my water purification system, today lol.
And yes, lead is the most prescious of “prescious metals”.
He who HAS the lead, will get the gold!
I wished my well to do buddies the best of luck finding someone to tote their sacks of physical gold and silver with the banditos hot on their trail!
With plenty of lead, you don’t need to tote your gold, or silver. You stay put and remove the “banditos”, but personally, the only people you will need to fear are police, or military. They have the skills and training to take you out.
They live amongst us. Their kids go to school with our kids. They shop in the same stores as we do. It’s not the locals we should worry about. It’s Federalization of local affairs.
When Contractors are called in to administrate any local governance that will be the sign.
Prepare your Area Study. Develop your MAGs, Comms, Defense, and Med plans. Know what you know. Figure out what you don’t know. And, observe others and seek more info so you can mitigate against the things you don’t know that you don’t know.
And, yes. There will be a defining moment for us all… We will have to choose a side.
conspiracy reality: Heh heh. Me too!
Regardless of how big money players have manipulated the precious metals markets, gold and silver will always be an alternative currency.
See my reply to dutch above, ORG.
Yes it will, and if you’re holding gold, you sure as hell are holding more bullets and weapons than the “banditos”.
As a Canadian and a small time investor, an investor that has small positions in a couple of Canadian Banks.
I will hold, and likely never again buy.
Yikes..O’Leary is one extremely pragmatic and IMO one whose opinion I respect.
Goodness me!
Cheers to all.
Each day the hole gets deeper. If you think we’re getting out without major damage take off the rosé color sunglasses. History has always shown us the results of fascism, Marxism. When do we wake up.
I think he is right. GOD help us.
😑 What will it take . . . what will it take. . .
I said on another site calling for whatever……. We are ready, but I akin myself and mine to Noah. Build the Ark. Not knowing when or how; just build it. I’m just waiting for the rain. No one knows when. I’m just trying to keep building my ark and throwing sand everywhere I can. Am an election overseer. Helping to clean up rolls. Waking my church, etc. All we can do is wait for GOD’S rain.
Replying to myself. What are we trying to save? We here all have probably the same vision of yesteryear. The founders, the Constitution, freedom. We have to be prepared to build from the ashes. Do we want to really save trans, woke, injustice? It’s like chemo. The cure kills all the healthy cells. The cancer has to be obliterated. There can be no host for it to overcome. Not a downer, but less than half of us , if that are willing to bail the boat.
I honestly have told my family and close AWAKE friends to be prepared for the AFTER. Gold and silver, which I have a little bit, won’t be important for quite awhile. Survival tools, knowledge, experience, preps will rule for a very long time. I feel for all on SS and the like. This is a hardship you paid into but may not get any back. I cannot speak for you.
We lost everything in 2008. Self-employed, 5 kids. Raided our retirement funds to save the house we ended up losing anyway. We were responsible with our loans. Had the Docs to prove it. Ended up the house was waaaay over assessed by the bank. We were underwater by $200K. Couldn’t sell without owing the excess to the bank. We walked. Sick. All we worked for. Really embarrassing for us plebes. These people playing fast and loose really aggravate me. Honestly, let it all fall down. Rip the band aid off. Better to rebuild now than when it’s my kid’s turn. Let it be me Lord.
Good luck with “waking the church.” I fear they are not just asleep – but may actually be dead.
One does wonder ….
Communism = Command & Control Economy.
Except our current batch of “leaders” has command if nothing and us out if control on everything.
SVB is a drive by victim. This will happen again to banks that don’t toe the line.
Silicon Valley Bank not towing the line is unimaginable. They’re probably the wokest bank around, and that’s what kiled them.
The bank’s poor risk management (buying low % govt bonds then having the govt increase % of bonds) and inattention to the real causes of inflation (Biden’s all-out attack on the economy via energy) since January 21, 2021 are the principal causes.
https://www.reuters.com/business/finance/what-caused-silicon-valley-banks-failure-2023-03-10/
Social credit scores for corporations and nations is the new normal the cabal has been pushing. Not free market capitalism. This is how the New World Order will determine who gets rewarded and who gets targeted for failure.
BTW…CNN is one of those corporations…..Ratings dont really matter anymore. See how that works?
*Kind of like the way Twitter doesnt need to profit financially to stay in business.
You can apply the Jacks Magic Coffee Shop analogy to any number of woke corporations.
Another Example:
I wonder if the exiled President is aware of this new World Order dynamic
BBC in the UK is the same. They are owned by the government.
Social credit scores should only be required for banisters and those running the government.
Oh, and the media also!
I swear by tangible assets. Nothing printed on a piece of paper -like a bank statement or a stock certificate- holds lasting value. And this shell game we see today is exactly why I’ve always felt this way.
This is fine if you want to hold onto value. But, you have to convert it to something fungible if you want to use it. You can’t buy groceries with a piece of real estate. Eventually, you will need a bank.
How do you pay property taxes without a bank account?
Go to the bank, pay cash for a cashiers check with the 35 dollar fee -or whatever the fee is – and go to the county office to record the payment.
You pay cash
Yes you can if it sits on land. Your real estate can grow your groceries.
plus moral hazard
Yup. I figured that was the end game to this. But Americans will be so much poorer from being taxed to death to pay out money to every billionaire who no longer has to worry about banking risk. Banks can be run by affirmative action hires who know nothing about banking.
Thanks for the post, Sundance. I’m getting to the point where I can’t stand to even see Biden, much less listen to what he says. Honestly, I don’t think he knows what is going on at this point. He’s told what to say, then forgets it. Shuffled off to a big room and talks about the past.
Anyone else wake up and check their bank accounts this morning? 🙂
Joe Blow wants to do away with our paper money and coins as soon as he can.
Pretend president, pretend money, and real communism from the Biden regime………#0bamagate
I was AT the bank this morning:)
Again, I ask…What’s the point of having a Congress??? Between Executive Orders and this…There’s Zero need for Congress…We do not have or live in a Constitutional Republic…Where are the so-called Republicans or Conservative Congressmen screaming from the Roof Tops…??? Nowhere, that’s where…….
Last one out, turn out the lights….
i BELIEVE that WE ARE RELIVING the LAST DAYS of The ROMAN EMPIRE, Dorothy.
( BECAUSE WE DEFINITELY AREN’T ” in Kansas ANYMORE ” ! In FACT the MAN from KANSAS WARNED U.S. About THIS Possibility )
https://www.c-span.org/video/?15026-1/president-dwight-eisenhower-farewell-address
That’s what I was going to ask, if Taxpayer’s money wasn’t involved, why Biden was talking about?
Just another part of the fundamental transformation.
That’s the portrait hiding in Barry’s attic.
Change you can “believe” in.
Joe Biden is the greatest act in US history. Pretending to be a stumbling, stuttering, bumbling old fool while rapidly transforming the nation from a constitutional republic with a capitalist market economy into a totalitarian state with infinite spending via fiat creating a globalist government money tree for the elite. Did anyone think he was this capable ?
He is a stumbling, stuttering, bumbling old fool. The uniparty is transforming our country, not Biden-he’s just a crook. And a good chunk of republicans in DC are part of it. McConnell made sure Biden’s entire agenda passed.
Hold up, you think Biden is actually making these decisions? Lol
Obama did.
Obama was really bragging when he said, “never underestimate Joe’s ability to screw things up…” (or something like that).
@ 1:10 watch how Swamp Guardian Don Lemon steps in to steer the conversation away from the massive implications of what Kevin O’Leary opens with.
Lemon knows the mind of the CNN fake news audience and does not want them to start getting any funny ideas a.k.a. thinking for themselves.
Small test. What are the chances that the person who reads off the TP and claims he is involved in these discussions.( and rarely does that fluently) is capable of tying is own tie? A) 1% B )5% C) more than 5% D )none of the above. Q 2. The person that helps JB get dressed . Does it take A) 30 minutes . B) 1 hour or more? C) 2 hours or more? D) none of the above. 3)Shoes and socks. Well you get the point. Pray and help others.
I always saw Lemon as a gargoyle over the swamp. The gatekeepers are Margaret Brennan and Chuck Todd. Maybe they take turns…
Swamp Goblins
Which is quite odd, Donnie Ley – mon thinking for himself.
When Canada flicked the lights on the Truckers bank accounts. they quickly went home.
hello America.
“if we lose freedom here there is no place to escape to”
That’s a little harsh.
Many truckers were unable to buy fuel, groceries or pay rent.
Many individuals were denied banking privileges that severely impacted day to day living.
Trudeau was ripped from many corners and caved.
We were at several trucker rallies and saw first hand the pent up anger at that C#*t.
Cheeers!
didnt mean it that way.
just pointing out America can get sent home also… but there is no place for us to run if its taken
I have the utmost respect for the truckers. They had the balls to do it, they weren’t just keyboard warriors.
Remember when bank runs started as a result? The bankers pressured Justin Castro to back off.
There are more of us than there are of them.
Barter with your skill. I broke my leg in the late 50’s -my grandfather paid the doctor with butter, eggs, steak and chicken. Miss those days.
People still don’t get it, or they don’t believe its happening.
Don’t EVER live beyond your means is the only thing I can say to anyone. Don’t go keeping up with the Jones’s, they don’t know you exist, and if you want to impress, impress your family.
Also, when you move into a home the very first thing you do, is plant an orchard! I grow 20 varieties of fruit that crop at different times. I won’t ever go hungry
I have replied 3x in this thread. Mostly I don’t except when it hits a nerve. I commented downthread also.
I honestly hope that this all goes to crap. All the make believe gains/losses. I sincerely am sorry for those that are retired and paid in and may lose everything. It’s awful.
My point is that my grandfather, a steel worker in upstate PA, retired at 55. They were super frugal but were able to take us grandkids to every historical site in the lower 48. We stayed in KOA camps, but they had the funds. That man, my hero, was at midway as a baby. All this going on is an illusion. Working hard, saving for a rainy day is gone. My grandfather only took half his pension from the now defunct steel mill. He was worried that his wife, my grandmom, might need it. She still gets about 124.00 a month from them. She’s probably the only one still getting payments!!
Yes. We need money. New shoes are expensive these days. That’s all I ever wanted. Enough to buy my child new shoes if they needed them. I have a house. 6 yrs left on the mortgage. Taxes super low. 5 acres. Garden and chickens on 4 of those acres. Canned goods(my own) I am broke by society’s standards but I don’t feel that way. People won’t wake until there is nothing but each other. I actually think it will be an awakening like no other.
This Jesus revolution is taking hold. Watch for it
I’m not sure how we stop this – maybe make digital currency illegal state by state… They are bound and determined to do this and I don’t feel good about us stopping it – just wait they will pay people to switch, then it’s UBI, then it’s cash and crypto is illegal.
Remember the people who got vax’d for money, or a donut? They are murdering America, and the people who bred them should be in jail!
If the USG is going to guarantee all deposits of cash in all banks then why should banks be allowed to trade on that money and earn outrageous profits. Either banks are private with attendant risk or they are public.
Glass–Steagall legislation
https://en.wikipedia.org/wiki/Glass%E2%80%93Steagall_legislation
The Glass–Steagall legislation describes four provisions of the United States Banking Act of 1933 separating commercial and investment banking.
In 1999 Congress passed the Gramm–Leach–Bliley Act, also known as the Financial Services Modernization Act of 1999, to repeal them. Eight days later, President Bill Clinton signed it into law.
It is truly amazing how many people are unaware of this.
“People are wondering why cryptocurrencies went up in value today. There’s your answer.”
I guess they forgot about the Canadian government freezing cryptocurrency accounts, too.
How many years of food should we be stocking I wonder. I’d also consider paying real estate taxes as far ahead as you are allowed and can afford.
Not all jurisdictions allow you to pay ahead and create a credit balance.
Heck, I just tried to overpay a credit card to intentionally create a credit balance, just in case my bank freezes or fails. The system refused to allow an overpayment.
The best purchase you can make for yourself and family, is a freeze dryer. All you need are mylar bags, a sealer, and oxygen absorbers. Your food will last for 30 years. If the expense of one is too much, ask the family and share the use of it.
Best guy on Youtube for know how
If banks fail I’m not worried about property taxes. No one will be paying.
Looks like Liz Warren and Steve Bannon both agree that the uninsured wealthy venture capital depositors should not be bailed out. They should be the ones helping their start-up entrepreneurs meet payroll because they should shoulder the downside as well as enjoying the upside when the start-ups succeed. Why didn’t the private capital Jeffries proposal to buy out the depositors at 70% get considered, rather than the Yellen decision to do govt bail out at 100%? But maybe nobody cares because this is just biden WH excuse to nationalize the banking system and the GOPe Congress people were asleep or cowardly, rolled over did not protest. The debt ceiling debate is peanuts compared to this unlimited bailout potentially expanded for ALL bank depositors not just a few regional banks, how would they decide which banks get this? which could end up to be way bigger than all the Biden spending including Ukraine fiasco. This is in my view the WORST decision Biden has made yet and don’t understand where yellen gets authority to ignore existing bank regs which disallow the payments to depositors over $250,000. Sorry for the long rant
For years wealthy parents bought or built 4-unit apartments for their daughters in Isla Vista at the University of California Santa Barbara which at that time was 75% female. As their kids graduated, someone had to manage the apartments and that became the only bank in town, Bank of America. If your rent payment was 3 days late, you would come home to find your belongings in the street, and every year the rent went up 10%.
So in 1969 the kids took matters into their own hands, assembled around the BoA, and burned it to the ground.
This was the time when you could get checks in different colors and artwork.
Wells Fargo had some with a stagecoach for several years.
Soon after the arson, several banks offered checks printed with the BoA burning down.
Snellville Bob: That’s a great story, especially if it actually happened! I’m in CA, so I am familiar with UCSB and the area of which you write.
Thanks! You can learn more from the commenters on this website than you can learn from most websites altogether!
Free Money = Toxic Money: First Republic Bank and Western Alliance Bank Make it into my Pantheon of Imploded Stocks
by Wolf Richter • Mar 13, 2023
Banks as stock-pump schemes in the era of consensual hallucination.
https://wolfstreet.com/2023/03/13/free-money-toxic-money-first-republic-bank-and-western-alliance-bank-make-it-into-my-pantheon-of-imploded-stocks/
First Republic Bank, headquartered in San Francisco, and Western Alliance Bank, headquartered in Phoenix, are on the forefront of the regional banks that haven’t collapsed yet. Their shares continued their plunge today as trading was halted on and off. Other bank stocks got hammered too, but not to this extent.
First Republic is intricately tied to the Free-Money party in Silicon Valley and San Francisco – “a leading private bank and wealth management company,” it calls itself. The stock had doubled from 2019 to peak consensual hallucination in November 2021. It had quadrupled from 2014 – a bank stock! Which shows how crazy this consensual hallucination was.
And because it was tied to this party, it is tied to the end of the party.
Outstanding interview from 10 years ago.
David Stockman on Crony Capitalism – Bill Moyers & Company
Absolutely. I remember watching this when it was fresh. He was right then and it applies more and more as time goes by.
I have said for years we have Economic Fascism in america. You can call it Crony Capitalism, you can call it Corporatism. Kinda all the same thing. Professor-types get testy about the “F”-word, but that’s what it is.
So-called private corporations are not controlled by any branch of government or by any political party, but by the Regulatory State. They absolutely control every major industry and have for decades really. People are just now starting to see it little by little. The Big Tech/Deep-State connection is just the tip of the iceberg.
So, I’m a widow with a decent portfolio. What exactly should I do? I sold a s much as I could last year, tax wise.
Talk to your financial advisor.
Let the dust settle. There’s a lot of hysteria out there.
Abster: Buy a nice dacha, somewhere outside of Moscow.
I’m with Abigail Straight. No need to do anything rash, and talk with a good financial advisor if you don’t already have one.
Buy annuities… especially fixed or fixed index annuities… never buy a variable annuity cuz the costs will eat up everything
What about credit unions – will they still be in business?
You are incredibly lucky, truly. We at 43 years old lost everything in 2008. We have no retirement funds. Lost our house. We are fine at the moment. We have decided to pay insane term life insurance premiums to pass on to our kids. They are doing well but, if the life insurance companies don’t go belly-up, that’s our legacy.
Barring sickness or infirmary, I don’t think MAN was meant to RETIRE. We work until we can’t and our kids take over; or we are dead. My poor grandmom is almost 102. All are gone. She lives with me as it SHOULD be. It’s tough, but I’d have it no other way. Side note- only 1 of my 5 would probably take me in. Does anyone remember? Grandparents being home for the kids coming in from school? Parents working? A compound. Everyone doing as they were able. I am only 56 but remember this fondly.
I lost everything in 2008 also. Since then most of my money has gone into realestate. 3 more years i can at least retire with something and zero debt.
Why not use the $ you are wasting on term insurance to live “YOUR best life now” .Not being critical and you say your kids are doing well. Plus you can leave them the house. And yes I had 20 term insurance to leave $250,000 to my wife if I died by last July. $ 15,000 down the toilet. Best of luck..Pray and help others.
Nailed it.
So Biden declared Musk and any Trump company or regime critic ineligible to buy SVB, if I’m reading the tea leaves correctly on that statement.
taking big risks and swinging for the fences because you know the gov’t will back you up and make you whole…..
S&L….Keating Five…..
This is what Mathew Crawford has been presenting in his Rounding the Earth substack articles yesterday and today. “Why Would Silicon Valley Be Ground Zero for Bank Centralization?”, this is a link to Part II, inside it is a link to Part I, and assume there will be additional parts.
https://roundingtheearth.substack.com/p/why-would-silicon-valley-be-ground-e24
B. Goldwater SAID it, back in 1964, in his acceptance speech, at the R Convention;
You can NOT “Socialise” the Dr.’s, without “Socialising” the PATIENTS.
“Socialising” the ‘healthcare system” began with the creation of the FDA, in 1915, continued apace, with Medicare/Medicaid, and was completed with Obummercare.
“Socialising” housing, with Fanny/Freddie and FHA loan system.
“Socialising education, with Dept of Ed and VA program for “free” college for vets, leading to “free” college “for all”.
“Socialised” banking, starting with FDIC,..and “Bank regulators”.
B. Goldwater also said;
“Extremism in the defence of liberty, is NO ‘vice’!”
So, he stated the problem, and provided the solution.
WE are being absolutely HAMMERED, and “something’s got to give”, and soon.
Brace for IMPACT! Make sure your tables are folded, and your seats are in the upright position!
It’s about to get UGLY!
What if?
Instead of LBJ would there have been a difference?… Escalation in Vietnam, Great Society a War on Poverty, Medicaid, Immigration Act 1965 and on and on. What if?
I agree we have turbulence ahead, but in the end good will win.
Yes.
A big move towards Mark of the Beast.
Seems like our currency, and banking system are about to be fundamentally changed. Hmm, where have we heard that phrase before?
Read Fabian Socialist Stuart Chase’s second book, “The Road We Are Traveling”. In it, he explicitly spelled out the characteristics of Society “X”, the Fabian goal for this country. If you won’t take the time to read the book (it’s not very long), then perhaps look at the list in Wikipedia’s article on Chase (http://en.wikipedia.org/wiki/Stuart_Chase) which accurately summarizes what Chase wrote about those characteristics. Item number 3 includes “control of banking”.
And what was one of the first things that Fabian Socialist Woodrow Wilson did after becoming President? Establish the Federal Reserve Bank. And put George Foster Peabody, who wrote “I have always been most sympathetic to individual Socialist aspirations. I have particularly observed the Fabian System of England with hopeful anticipations,” in charge of it. Creating a Central Bank was one of the essential planks of the Communist Manifest.
Wake up, folks. Society X … or worse … is our future, unless we take up arms and end this slide to communism.
Just saying …
Mark 12:17 “Render unto Caesar the things that are Caesar’s and unto God the things that are God’s.”
Monopoly Money, what the hell.
“Party on Garth!”
.
Perhaps the answer is for states to start making independent state banks.
.
Yes.
The federal government has the power to regulate interstate commerce, but it is state laws that govern corporations and state chartered banks. A bank can also choose not to be or become a national bank (N.A.)
ESG is a fundamental violation of most basic principles of state law around the duty of a corporation to realize profit for the shareholders- ESG violates duties of loyalty. A corporation is always a creature of state laws – there is no such animal as a federally incorporated company (with, I suppose, the sole exception of the Federal Reserve).
The answer lies in the states, and in particular, in the legislatures.
interesting comment. i wonder if shareholders can sue the officers for their corporation following ESG?
The left has created so many battlefronts and has many more at their disposal. The GOP has no chance since it’s just a small sub-set of their party that actually wants to dig on any one issue. The rest will go along and are basically useless or obstructionists.
I’m kinda wondering if this bank failure thing has anything to do with the J6 data? Tucker Carlson seems properly put back in his closet for now, but elected officials are starting to rumble about making all of this openly public.
Creating a financial crisis is a great way to scoot past J6……
Or maybe the Hunter Biden data. The House just subpoena’d Biden financial documents from Bank of America, it just so happens.
Gold as well went up, reason… confidence! Markets today were ver volatile as I mentioned yesterday.
Government is preparing for the new and improved digital currencies like E-Cash to go along with Biden’s EO one year ago March.
You all ready?
“… at the end of this rainbow of bank nudges, we will find ourselves at the footsteps of a government controlled central bank digital currency.”
Will Congress, which has sole Constitutional authority over coinage, simply acquiesce to a Fed/ExecBranch diktat regarding a CBDC?
Of course they are paid to do so.
Sundance you have that email that I sent 1 year ago. EO and E-Cash proposed digital currencies.
ECash link
https://lynch.house.gov/_cache/files/1/7/17e47e5a-2bff-42c1-b509-eb8a50931fa6/BDDFF183213326821B5C88B7F326EABB.ecashact-lynch.pdf
EO link
https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/
We tend to be independent and don’t always like joining groups but we need to get past that, because we aren’t voting our way out of this mess.
Time to find your tribe….
… Crashing the Economy. It’s not a conspiracy…
Isn’t it time to impeach Biden?
Something needs to be done to stop him.
Impeachment without conviction/removal would not stop him. He owns the Senate, so there would be no conviction.
the fix was already in, in the last election courtesy the uniparty…. the house would go to Republicans, the senate would go to Dims so there could be 0 impeachments of biden, wray, garland, mayorkas, and thus 0 convictions. Criminal referrals only to the Dept of Injustice where all would disappear. ALL BY DESIGN…
Trudeau = Bambi
Trump = Godzilla
Barney Frank, champion of financial regulations, joins a bank board
The former Democratic rep. is joining Signature Bank’s board of directors.
https://thehill.com/policy/finance/245325-barney-frank-champion-of-financial-regulations-joins-a-bank-board/
It would appear he helped run Signature Bank into the ground, much like he did the US government.
Looks like they decided to cut him off when he wasn’t going to say anything nice about Biden and his amateurish Administration.
Diversity hires in all the Cabinet positions have consequences, huh?
Nationalize banking system = Government control of money = Communism
It was a terrifying thing, the shutting down of bank accounts in Canada (or even the threat of it), but it also showed Trudeau’s true face and those of us paying attention saw that slip in real time … I dont think he meant to do that. It personally sent me down a long research trail ultimately leading me here and zerohedge. That was the other blessing.