According to those who relish the Cloward-Piven strategy, things are proceeding swimmingly.
…”As long as the decisionmakers continue doing the things that are creating the crisis, the crisis will continue.”
Federal Reserve Chairman Jerome Powell said yesterday the “U.S banking system is sound and resilient,” insert uncomfortable snicker here. However, uncertainty is continuing to pummel the banking industry, despite assurances from the Fed, Treasury, FDIC financial regulators and bankers such as Jamie Dimon who are all saying there is no crisis in the banking industry.
If you want to know the big picture source of the uncertainty, it’s the great pretending. The average person can sense something is wrong, and the person who pays attention has the experience of institutional lying over the past several years. The last ten years of lying and pretending has created the biggest collapse in institutional trust in U.S. history.
Russians interfered with the election – trust us. Stick this needle in your arm, it’s safe – trust us. The FBI are the good guys – trust us. Biden won more votes – trust us. This inflation is merely transitory – trust us.
See the problem?
So, when the same voices shout, “the banking industry is sound, trust us,” well,… yeah, that suspicious cat sense that’s on high alert isn’t buying the chorus.
Reasonably intelligent people who accept things as they are, not as they would have us pretend them to be, can see the core connection to the World Economic Forum, Central Banks, and western globalist policy to change the entire dynamic of economics and finance around the “Climate Change” agenda, or Build Back Better, or Green New Deal.
Overlay that commonsense and pragmatic outlook with the logical consequences of the activity, and this banking collapse issue is a self-fulfilling prophecy. As long as the decision makers continue doing the things that are creating the crisis, the crisis will continue.
(Via Wall Street Journal) – Regional-bank stocks tumbled Thursday despite assurances from the Federal Reserve that the banking system is on solid footing.
PacWest Bancorp PACW -47.04%decrease; red down pointing triangle, which has been hit hard since the collapses of several banks, dropped by about 40%. The stock started falling in after-hours trading Wednesday evening, after a report that it was considering selling itself.
PacWest said in a statement after midnight Eastern Time Thursday that its core customer deposits were up since the end of the first quarter, and that it hadn’t experienced any unusual deposit flows since the collapse of First Republic.
[…] Investors have been wondering how much further the problems in regional-banking could spread, and whether they will spill over to the broader economy. Some analysts said the decline in PacWest and others reflected the market’s tendency to view news as categorically good or bad, rather than worries about PacWest specifically. Western Alliance, another bank whose stock has been hit hard, fell by about 35%.
[…] Regional banks, as major lenders to businesses and families across the U.S., also tend to fall when investors are expecting a recession. The 10-year Treasury yield slipped this week, and Brent crude hit a 52-week low on Wednesday.
[…] On Wednesday afternoon, the Fed said the U.S. banking system “is sound and resilient,” echoing language from its March statement. Fed Chair Jerome Powell added then that deposit flows at banks had eased and that this week’s seizure and sale of First Republic should further stabilize the industry.
[…] PacWest shares were recently trading around $3.70, putting them on track for their lowest close on record. The stock has now lost some 85% of its value since March 8, the day that SVB spooked bank investors by announcing a loss and a planned capital raise.
Many of PacWest’s customers are tied to technology startups—a tightknit clientele that pulled from high-balance accounts en masse at Silicon Valley Bank before it failed. (more)
One of our greatest failures is not being able to visibly connect this to Barack Obama.
For those of us with our eyes open it’s pretty visible
Not to mention he literally spells it out in those books he wrote back in the day. My mother hated him but loved to read so she read all his books. She tried to warn people and often cited his own books in discussions back when he was Pres.. But alas.. ‘You cannot wake a man who is pretending to sleep.’ And many in this nation are very much asleep..
Another great saying about Americans, “Those who will not read or no better off than those who cannot read!”
Should be are instead of or.
Ignorance is bliss!
Ignorance is strength!
Weren’t those ghost written by Weather Underground alum Bill Ayers?
Not to worry; Putin could be ready and willing to “wake us up”!
Few people read those books, but yes, he gave it away.
The effect of Frank Marshall Davis on had been profound, that and the fact that he was abandoned by both his father AND his mother.
Tip O’Neill said “All politics is local” but I also believe “All politics is personal.”
Personal.
This is why we need the person of PDJT. He is the anti-Obammunist. Brilliant early training and family culture…
Follow the money.
Klaus Schwab/WEF/The Fourth Reich
The exfiltration never ceases.
Ukraine is the new Afghanistan.
Bank crises are the domestic exfiltration mechanism.
Assange explained it well:
#Assange : “The goal isn’t to subjugate #Afghanistan . the goal is to wash money of the tax bases in #usa #EU countries through Afghanistan & back in to hands of transnational security elites , ie , THE GOAL IS TO HAVE ENDELESS WAR ”
via @wikileaks
Do you really believe a community organizer is that smart…I am not buying it.
Point well, taken, Obama is synthesis of many diff people with one common goal, destroy America.
An avatar, beard and front man, nothing more.
There are a,# of such front men, all standing in the spotlight and attracting attention, while behind them are committees, or A committee, calling the shots by committee concensus, developing PLANS.
Its the Conmunist way, despite a # of obvious vulnerabilities, which our side can and has exploited.
Zelensky comes to mind.
Lift up islam. Bho has his own Marxist “handlers”. They probable promised him that they would help him make Islam great.
Community organizing is the one thing Obama can do. The ideas aren’t his; but he can sell them to the various minions like ACORN.
If you can make it to the White House, ‘stupid’ is not one of your pronouns.
Tell that to Joe Biden.
Or better yet, tell that to the folks who installed Joe Biden.
Biden is corrupt and a liar not stupid.
Looking at his actions over the years I can accept “stupid”.
Biden can’t complete a sentence and you think he is smart just because he is President .
He was very crafty until his brain melted.
Now, he’s a shell.
Yes it can be if you are installed.
Excuse me? I would say it is an essential job requirement, for those who sell their soul, in order to occupy the Oval as an avatar.
Carter, Bush, Clinton,Bush, McStain, Romney/Ryan, all of the 16 handraisers in 2016 (actually, Tulsi is pretty smart) all of the ones PDJT beat in 2016 debates (again Ben Carson is the exception that makes the rule).
Tulsi is quite smart but I have a permanent question mark about her because of the earlier WEF connection…
Obama was given a free pass. Never a difficult question and most probably had the question before hand. He could read a teleprompter with the best of them. Speaking extemporaneously Obama was the original Kamala.
Isn’t that the truth!
Are you saying that Biden is smart ?
I believe Eric Holder is smart and takes his orders from smart people…the same folks Obama gets his orders from.
I believe both men hold deep grudges against this country and are willingly doing damage to it.
He is smart (so I thought) but he’s a puppet too. Obama really shocked me last year. Do you recall what he did/said after the Uvalde shooting? I believe he said something to the effect (IMMEDIATELY after) “We can’t let this distract us from the anniversary of George Floyd.” I am paraphrasing I supposed. I could not believe he said it as slain children’s bodies were still warm.
How many remember that? I am 95% sure he said something to that effect. I am not googling it because its gotta be wiped so that’s why I am asking.
Say what you want about the Rev Jeremiah Wright but he wouldn’t hold back what he really thought. He’s not much different than Trump in that regard. Lol do you guys remember why he couldn’t get near Obama when asked by a reporter 😀 ? Obama is not calling the shots other than organizing political groups/tactics.
You should buy. They won the country by community organizing every position of influence all across America. It took decades but every single thing of influence they infiltrated and put people that are willing to do their bidding in charge. And they used our tax dollars to do it. Laugh all you want to, it is not a joke.
Our greatest failure is that the MSM is in the back pocket of the D RAT Party and goes along with all their lies.
Well no.
Our greatest failure is the obstinate unjustified refusal to recognise the vital role the REPUBLICAN party has played in facilitating the moves if the Globalists many such as yourself continue to insist are “Democrats” initiatives.
The MSM as we see it today, is a direct result of the FCC failing to fullfill its legislative mandate (enforce laws ON the books) to restrict ownership in each of the media markets, specifically to PREVENT monopolistic control OF the press.
And, Republican administrations and Congress’s ALLOWED the FCC dereliction of duty, which either could easily have ended.
MSM is the SECOND enemy of the People, the RNC is the FIRST.
That’s how I feel about our Aussie conservative party, which is mostly no longer conservative.
The left have acted according to the left ideals. I can’t fault them for that.
But the conservation party here have done the lockdowns and net zero rubbish and more. They are the ones who are not standing for their ideals and they are the ones I am extra disappointed and angry with.
They have shown their true colors.Dutton has proven to be a huge dud.
Agree.
RATS are evil.
RINOS are their evil enablers.
The Uniparty is not just quip but is reality. The Republicans (Nixon) opened China started The War on Drugs, took us off the Gold Standard.
Though I liked President Reagan he signed Simpson/Mazzoli Immigration Act of 1986 the first amnesty for 3rd world squatters ( he later regretted that).
Bloody GHW Bush put us in constant war in the sandbox, the Middle East, NAFTA negotiations started under him as did the Rio Accords (Agenda 21) and publicly announced the New World Order.
NAFTA Newt with Bill “the slut” Clinton pushed NAFTA through and ratified the Rio Accords/Agenda 21/30.
Bloody “W” bush, hanging chads led to electronic voting, Rumsfeld announces at the Press Club the Pentagon has lost $2.3Trillion, 9-11, War, The Patriot Act, Quantitative Easing I-II-III
This is off the top of my head, Republican Party…what a joke. With friends like this.
Clinton also started the housing crisis with the stegal act.
Oh please.
The group doing the actual damage are the Democrats. The group facilitating and covering for them are the Republicans. The MSM only covers for the Democrats, not Republicans.
The MSM absolutely does cover for RINOs too – mainly by refraining from smearing them outright at key moments so that they can do their damage in the shadows.
Odd how the RNC works against certain Republican candidates and the DNC works against certain DNC candidates…🤔
Yes. I gotta admit that my respect for RFK increased when I learned they’re barring him from debates. He’s got major policy ideas I disagree with but he is the rare honest Dim.
Can’t quite agree with Bannon that RFK should be PDJT’s VP pick (though I wouldn’t put it past PDJT to surprise everyone with such a move). But I would like to see RFK in charge of the FDA!!!
OUR greatest failure?
This is a product of the long game by the left…indoctrinate the schools…Mizzou…University of Texas for example journalism schools turning bright minds into mush as Rush would say.
Most of these journalism students were losers in High School and College…couldn’t get into the popular high school clubs, non athletes, couldn’t get into fraternities or sororities were happy to pontificate behind their computers all of their frustrations with those that succeeded and identified with those that felt were discriminated against.
The media is the greatest threat to our Country…
Yep. My niece is a libtard and teaches h.s.
journalismnarrative engineering.All that could never have been done without the complicit aid of the Republican Party.
If the Long Game Leftist Agenda has been constant for over a century. Where the government rot infected the nation as they claimed usurped powers they never truly own and pushed Left in ideology and sweet talked the country into sleepy compliance.
As for the media, I consider the “main stream media” are not main stream and are truly only propaganda, which we has been shown in real time. When their combined viewership in the USA is less than 10 million out of a country of 330 million plus untold tens of millions of illegal aliens that have crossed the border or been dropped off from the prisons and mental institutes of every other country, is not the main stream of anything, just propaganda. Hence I tag them as #EneMedia.
Always remember: the first progressives were all Republicans in the 1870’s, ’80’s, and ’90’s…
Amen and amen.
If your going to point at who is to blame for your problems,the MSM is a good place to start.If you think that waiting for the election will solve your problem,you will be disappointed when it all crashes around you.
Excerpt from Literary Titan review of Reclaiming the American Demcratic mpulse
The review stated,
“Vass presents a comprehensive analysis of the political climate in the United States, past and present, and the nation’s future. The author offers an unfiltered and unbiased view of the Constitution, laws, policy-making, and the legacy left by politicians. In the introduction, Vass discusses President Obama, providing highlights from Mark Levin’s book, The Liberty Amendment, which offers a fascinating discussion on socialism.” https://literarytitan.com/2023/05/02/reclaiming-the-american-democratic-impulse/
Note to TL: I always try to link Obama to the evil
And now there are rumor’s of running his wife in 2024
I keep reading and hearing about an ‘expected recession’, and it’s quoted again above. What part of the current recession have I missed? Oh, I forgot, they changed the definition of recession to try and keep people in the dark.
(Fed Reserve waves hand in Jedi fashion)
“This isn’t a recession that you think it is.”
Why not? Worked for vaccine.
Your ignorance?
You missed the sarc.
I’ve heard Pres. Trump say that we may be headed to a worse situation than the Great Depression.
I thought for quite a while now that it will be a depression.
Like The Great War became WWI, The Great Depression is about to become The First Depression…
My 100y.o. friend (who just passed away) said all last year we were headed for a depression.
..and he would have known the signs having lived through the 1st.
The only reason why depressions (and really, recessions, too) happen is government/central-bank interference in the market place. If we do have to endure a depression, look no further than centralized meddling by our overlords.
Yep.
Not suffering enough?
The closer we get to build back better, the more you will see this. Another reason why the war in Ukraine continues is because its usefulness as an excuse to justify inflation etc is still useful. Russia is winning too slowly by design.
In line with these deep thoughts from the end of February:
“Thérèse Coffey, the environment minister, said on Thursday she expected the shortages of some fresh food items to last for up to a month, but some British growers say the shortages could last until May.
Coffey suggested in the same session in parliament that British households might “cherish” British turnips instead of unseasonal crops from abroad. By Friday morning, however, Tesco’s website had sold out of turnips, offering shoppers the option of a swede instead.”
If you’ve never seen movies about 1970’s Britain, they’re a real treat. Especially those set in Manchester.
After they restricted energy in Britain, which I think was when they were just going into winter, I saw an article saying they are going to increase the prices because the companies can’t afford to sell less – so they need to make the same money for less products.
That’s after the pandemic had already made more people poor. And then more will choose between food and heat in a freezing place. And that’s how people die.
Then there was another rule coming in about not having a new sun room built, or whatever it is called – where a room facing the sun that is mostly windows. So then, only existing places would have them.
Both articles I saw were when the rules were going to come in. I assume they did come in, but am not sure.
The government there are just as bad as everywhere else.
And just WHEN are the bankers going to take a hair-cut,Hmm?
I’m just a freshly retired working stiff.
I would love to hear President Trump addressing this…in detail. The why, what and what do we do to fix it.
Sundance has covered this in the following article:
https://theconservativetreehouse.com/blog/2023/01/21/must-read-president-trump-warns-congress-not-to-touch-social-security-and-medicare-for-a-good-reason-hes-the-one-who-can-fix-them/
If he did, they would find a way to use it against him. Inciting or some other drivel.
Join TruthSocial. Plenty of PDJT policy statements available there. He’s churning them out on a regular basis.
Giving the”Leftards”a long holiday would be a start,starting with the politicians and bankers.
The Chernobyl scientists and engineers said everything was going swimmingly as well….
“It’s just a little rain shower”, Noah.
Count the monkeys on the ramp. And check the weather.
My question is why Noah had to include the wood ticks there just as bad as politicians
Good chuckle!
My guess is someone higher up, who works in mysterious ways, made the decisions on that – as always. 😌
I believe that the narrative re many of these banks is being manipulated so as to reach the intended outcome – the collapse of the American banking system.
Where’s a BRICS application when you need one?
I THINK the rapid ‘deployment’ of BRICS, and expansion to BRICS+, is an unexpected, unanticipated development, throwing a lot of sand in the gears, and messing up their plan.
Collapse “the World economy” basically a reprise of Paulsens “Its the end of the World, unless we act NOW!” in order to use the manufactured crises to force CBDC, doesn’t work nearly as well when fully 1/2 of the,”World economy” (BRICS+) is doing just fine.
Kinda destroys the narrative and exposes the fraud.
China is one of the largest proponents of CBDC. They know that the adoption of CBDC will hasten the demise of the dollar as the reserve currency.
Never thought of that angle, dutchman. Thanks.
We should have visibility on any person or entity involved in short sales. We also – since banking is a critical resource -should have regulations that prevent short sales of banking industry members. It should not be a casino. Obama and Cass Sunstein and Biden love to regulate. Funny how this pond scum never regulated bank short selling.
Short selling puts a floor under the price of a stock.
“Hey look, there’s one of those things swimming on the pond. It quacks like a duck, swims like a duck and it sure looks like a duck, but forget it, it’s not a duck”
The unspoken word about this crisis is that the world will need to have a lot fewer people for the reduced energy/economic/food world we will be living in.
Its NOT unspoken, thats the thing.
Not only is it spoken directly, in the rantings if Schwab and UN agenda,..
Its also spoken indirectly, in the statements of Biden and administration cabinet members, both in what they say and don’t say, and in the blatant hubris and laughter at the pointed out suffering of others.
They just can’t help themselves, must be the demon possesing them.
But,But, who’s going to feed all the FINEST stampeding our southern boarder…/s
We are.
We already are with our tax money. Every one of them gets public assistance at a far higher level than our own citizens do.
Here we go again, the UBS is the CCP. What does the CCP not own.
Western Alliance collects gains in premarket after UBS Buy rating initiation
Mar. 15, 2023 5:43 AM ETWestern Alliance Bancorporation (WAL)By: SA News Team
Western Alliance Bancorporation (NYSE:WAL) trades ~7% higher in premarket trade after UBS initiated coverage of the stock with a Buy rating with a price target of $85.
https*//seekingalpha.com/news/3947524-western-alliance-collects-gains-in-premarket-after-ubs-buy-rating-initiation
——
Another Regional Bank Teeters: Western Alliance Explores Sale, Stock Plummets, Trading Halts
by Cristina Laila May. 4, 2023
Joe Biden’s America.
Western Alliance is also the latest regional bank to explore a sale, the Financial Times reported.
The bank’s stock plunged 53% on news of the potential sale.
Western Alliance reportedly holds 71 billion in assets.
JUST IN: Western Alliance $WAL falls 53% following news the bank is exploring a sale. pic.twitter.com/TLVb6TQBQN
— Watcher.Guru (@WatcherGuru) May 4, 2023
Western Alliance halted after its shares plummeted on Thursday.
Western Alliance denied the Financial Times report, calling it “categorically false” and said they are “considering all our legal options.”
BREAKING: Western Alliance Stock Collapses After Reports of Sale By The Financial Times
Western Alliance, a regional bank with $71 billion in assets, was reported by the FT that it exploring a potential sale as it becomes the latest US regional bank to seek a lifeline. The news… pic.twitter.com/5bssmaGuvA
— Mario Nawfal (@MarioNawfal) May 4, 2023
West Coast regional banks are getting hammered as fears of contagion spread.
PacWest Bancorp shares also tumbled nearly 60% in after hours trading on Wednesday on rumors of a sale.
The Federal Reserve threw gasoline on the fire on Wednesday and raised interest rates 25 basis points.
https*//www.thegatewaypundit.com/2023/05/another-regional-bank-teeters-western-alliance-explores-sale-stock-plummets-trading-halts/
Teeters
This year’s 3 bank failures (so far) held $532B in assets — more than all US lenders that collapsed in 2008 Global Financial Crisis – May 1, 2023
https://nypost.com/2023/05/01/this-years-3-bank-failures-held-532b-in-assets-more-than-all-lenders-that-collapsed-in-2008-crisis/
Adjusted for inflation:
BTW, SVB had huge amounts directly and indirectly linked to China.
They thank YOU for the bailout due to these issues that anyone (including them) could have easily predicted would be triggered by the predictable (and CCP inspired) US gov’t and Fed reaction to the CCP virus.
“We destroy you with your own system.”
That was what I was about to point out. Excellent graph. I was digging for another I saw that included the interim.
Create another column to the right and label it UBS/CCP OWNED
How high would have the 2008 amount been without TARP?
I truly feel that it’s about to get a lot worse real soon.
No doubt.
I’m looking at this bank situation from one perspective. Tech oligarchs (government) withdrawing their share since the elimination of their DS apparatus jobs. Just seems odd that these California banks are first to crash. ?
Interesting idea. Where will that money go?
The Domino Affect continues. The banks manipulate the numbers, and then one by one each bank fails and falls on top of the other banks. Thus, the destruction of our banking systems, and we the people are left in the dust.
Pretty much everything we have been seeing, for some time now, is moves towards more CENTRALISATION.
Media, with all papers, tv, radio, cable owned by 6 companies, that are all owned by the same investors.
“Healthcare” consolidated and driving out private practice entirely.
Etc. So, of COARSE they want to first consolidate finance, eliminating any that aren’t TBTF.
Sooner or later the pretending runs up against an actual balance sheet. It’s inevitable and inexorable. The question is “where are you when the balance sheet tells the truth?”
I’m angry at the Biden Admin for assisting with making my financial retirement out of reach for several or more years and if this goes on it could be longer than that. I’m sure millions are out there like myself as a result of the poor returns the last two years.
They don’t want us to retire. They want us to work til we drop dead. And if corporations could get away with it, they would pay us in scrip to be spent at the company store. Or no pay at all.
Get a better mindset. Downsize. Sell what is more than the necessities. Be able to live on SS alone, keep your cash for backup.
Sell the house, buy an RV and see the country. Or buy a sailboat and see the world. It’s a great life.
Live your best life, don’t let the bastards get you down.
11 CBDC have already launched. Does each launch bring us closer to Revelation 13:16-18?
“The CBDC Tracker from the NATO think tank, the Atlantic Council, currently reports that 114 countries, representing 95% of global GDP, are actively developing their CBDC. Of these, 11 have already launched.
Just as the pseudopandemic initiated the process of getting “central bank money” directly into private hands so, according to the Atlantic Council, the sanction response to the war in Ukraine has added further impetus to the development of CBDC:”
—-
If Revelation 13:16-18 is happening now, then how far away is Revelation 14:8 and the destruction of the Western Army?
If I had to guess, they’re going to try and keep things as quiet as possible while doing just enough damage so Trump wins, then turn around and have it collapse all around him and blame him for it.
They could also be pushing for WW3 as an excuse to try and keep the puppet in there.
No, I think they are still focused on plan “A” of keep “Trump” out of the WH, at any cost.
Breaking things so bad that even HE can’t fix them, MIGHT be somewhere down the list of “plan B” options, but its NOT their first choice, methinks!
The “b” team is piling the bulls**t deep. Here is an MSM story about how the investor has not seen a bank run in quite some time.
https://finance.yahoo.com/video/investor-fears-tied-fact-havent-194125922.html
Complete and udder bulls**t.
https://web.archive.org/web/20220217153636/https://www.zerohedge.com/political/bank-run-canadas-top-banks-mysteriously-go-offline
What If The New World Order Financial System Unravels?
Note to MAGA Trump citizens: We are not all in this, together.
Laurie Thomas Vass. Civildissolution.com
May 4, 2023.
Introduction:
In his penetrating analysis of the new world order banking system, “What Happens if the Whole Shebang Unravels,” Charles Hugh Smith describes the New World Order as a “perpetual motion financial machine.” (Of Two Minds.com, April 26, 2023.).
He cites the last 30 years as the historical context for the financial scam known as the New World Order.
We extend Smith’s 30-year historical context to incorporate the historical genesis of the Federal Reserve Bank, in 1913, and place his analysis into the political framework of new world order social class conflict between globalist ruling class elites and common citizens.
The mission of the New World Order to create a two-tiered social caste system of the ruling class and the rest of the common citizens in Western nations.
The Fed, in collaboration with other central banks, deliberately creates financial bubbles which benefit wealthy citizens and global corporations, who escape unharmed, when the bubbles they create result in economic collapse.
The essential point for MAGA Trump voters to understand is that the New World Order is the modern version of the unelected American ruling class aristocracy, on a global scale.
MAGA voters continually make a mistake by assuming that their own social class interests are identical to the ruling class interests, in a commonly shared definition of the national sovereign interest. [We, the People].
The mistake by MAGA voters is assuming, in other words, that “We are all in this, together.” That assumption is wrong. The ruling class is in it entirely for their own selfish reasons.
MAGA voters, especially those wedded to the Republican Party, cannot bring themselves to admit that their concept of the national sovereign interest is being undermined by the U. S. new world order corporate and ruling class banking cabal.
The widely used term in the main stream media of “an immediate threat to US strategic interests” does not mean a threat to either the sovereign national economic interests or a threat to middle class common citizen financial interests.
The term “strategic interests”does not mean the same thing as the national public purpose, rather, the term strategic refers to the ruling class interests of global corporations and central banks.
For example, the U. S. military pact with Saudi Arabia to protect oil is a “strategic” interest of U. S. global oil corporations.
Another example is the use of U. S. money sanctions against Russia to protect the Biden crime family strategic interests to extract plunder in Ukraine.
The Fed, and the American corporations, do not rule the world for the benefit of American middle class and working class citizens.
The financial welfare that they are maximizing is their own social class welfare, now exercised in a totalitarian one world government, implemented and coordinated by the military power of the United States Government, and the financial sanctions on enemies of the deep state strategic interests.
Smith begins by describing the Fed’s perpetual motion money machine.
He writes,
“Here’s how the Perpetual Motion Finance Machine works: the government spends huge sums it doesn’t have by selling bonds to the central bank, which creates the money to buy the bonds out of thin air. Perpetual Motion–perfect!
We agree with Smith’s analysis that the entire global money machine is beyond redemption.
Smith writes,
“The global financial system is now beyond the point that a return to stability is possible. In systems terms, the whole shebang (the global financial system and the global economy it enables) has veered so far out of equilibrium that incremental policy tweaks can no longer restore equilibrium.”
We extend his analysis of the global system to incorporate our analysis that the United States Government is beyond redemption, and must be replaced by a new constitution and a new nation.
Smith offers several anecdotes that the U. S. economy and social culture does not work anymore, for common citizens and small business owners.
He cites the example of calling up his bank to inquire about his IRA,
He writes,
“No response for several weeks, so I called the number provided and was eventually connected (after many minutes of jarring music) to a support person who wanted to help but did not know what form I was referring to. In other words, every avenue of communication is a dead-end…I was connected to a person who did not speak understandable English, and had no clue what I was talking about.”
We add our own evidence that the American culture is sliding off the cliff of systemic dysfunction or breakdown.
Any small business owner home-builder who calls the local building inspection department is directed to submit their question on the website. New house plans must also be submitted via the website.
The staff at the local and county government level is surly, and engaged in an ideological guerilla war to subvert the free enterprise economy, and acts as a barrier to resolving problems for small business owners.
The home builders are hapless victims in the bigger Marxist Democrat war against common White citizens, commonly called “White supremacists” by the Marxist Democrats.
We agree with Smith that nothing in America works any more, and the cause of the domestic economic chaos is the implementation of the New World Order.
The solution is a civil dissolution, and absolute national divorce between the Democrat Marxist states, and citizens in MAGA country, who choose to live in freedom.
This article is the introduction of a much longer article available on Substack at
https://substack.com/profile/132758696-a-civil-dissolution
The sections of the longer article include:
Section 1. Biden’s Weaponization of the U. S. Dollar as the World’s Reserve Currency.
Section 2. Understanding the Fed’s Role in Manufacturing Economic Chaos for Middle Class American Citizens.
Section 3. The Ruling Class New World Order Politics of Fed-Induced Economic Collapse.
Conclusion: The Vicious Evil of the New World Order.
Is Charles Schwab Close To Insolvency
Charles Schwab had over $173 billion in assets marked as “held to maturity.” Its capital (assets minus liabilities) stood at under $37 billion. At that time, the difference between the market value and face value of assets held to maturity was over $14 billion.
Other banks that may be close to an effective insolvency include the Bank of Hawaii and the Banco Popular de Puerto Rico (BPPR). The Bank of Hawaii’s hypothetical shortfall as of the end of 2022 already exceeded 60 percent of its capital. The BPPR has over double its capital in assets held to maturity.
https://greatgameindia.com/is-charles-schwab-close-to-insolvency/
Yes
Pro Tip for Powell and Yellen:
Open up oil drilling and approve oil and natural gas pipelines to fight inflation instead of raising interest rates. Stop the insane Ukrainian Conflict and remove sanctions on Russian oil. Write a check for $50 Billion to Germany and Russia to pay for the Nordstream Pipelines we blew-up.
A. No more inflation.
B. No more bankruptcies.
C. No more bank failures.
D. No more dead Ukrainian soldiers.
See, wasn’t that easy!
All four of those lead to the quote from PDJT: “Peace is the Prize.”
You could have left this off, and take your flag down,
“D. No more dead Ukrainian soldiers.”
“Pay no attention to your lieing eyes, I am NOT peeing down your leg, its just a little rain!”
Its NOT “working” and has been ‘not working’ more and more, as overuse of abusing the credibility of the Institutions they spent many years marching thru, has rendered that tool, or weopon inert.
Which I have been predicting for several years, would be the INEVITABLE result if their over-reliance on it.
And now, the loss of credibility factor has moved well beyond Conservatives, who distrust Governments and media, and is destabilising those Democrats for whom Trusting Government and msm is a fundamental ARTICLE of Faith, as vital to them as immaculate conception and he is risen is to Christians.
Once THEY lose their “useful idiots” they have no flock of sheep to hide in.
And they ARE losing their cover, more and more with each action they take.
dutchman, really you are comparing this “and is destabilizing[I corrected your spelling] those Democrats for whom Trusting Government and msm is a fundamental ARTICLE of Faith”
To this “as vital to them as immaculate conception and he is risen is to Christians.” Let me be clear as to whom believes in what, not all Christians believe in the Immaculate Conception[this should always be capitalized].
Steve Forbes was a guest on Kudlow’s show. He confidently said, “Joe Biden will not be the nominee for the Dems.” He sounded as if he had a source.
Steve Forbes sold Forbes magazine to china in 2014 under obama………… he speaks with forked tongue?
Ol’ wives tale: follow the $$
Sell Dollar, Buy Yuan.
(Chinese: 圓/元; pinyin: yuán)
China has bigger problems than we do. They are already Communist. Supply Chains/Manufacturing leaving in droves. Wealthy are sneaking money out. Ghost Cities and over building all over the country. It is a race to the bottom.
Relax, folks. It’s just the growth pain of fundamental change promised by B. Hussein Obama.
I made the early decision to do 30% each in stocks, crypto, & cash in banks, and 10% in gold and silver.
It now looks like I should have done 90% in gold and silver and crypto with 10% in the rest.
Just curious what Rhonda Santis says about Global Warming and Fossil fuels? I suspect he would double down on Bidinh’s Green New Deal … because “clean green jobs” or something. Note how NO consequential policies are ever mentioned in any of DeSantis’s political advertisements. Gawd knows what he would do …
He won’t do MAGA. He never talks about true MAGA issues that would make America Great Again.
Market Closed ALL bank stocks down
I keep my firearms under cover, and my eye on the horizon, looking for clouds of locusts, myself.
PoliticalFleaBites warned you many weeks ago. Get your money out of big banks now. Local credit unions are the safest places right now if you need a checking account or debt card. Charles Schwab looks very iffy and BoA are a bunch of crooks.
Bank of America is just a name–the institution is the old Sovran Bank, known for floating on a sea of drug money.
The catastrophic amount of deposits just in California of the banks failing there is almost as big as the entire 2008 banking crisis (and soon will be) measured by the amount of funds in deposit of the banks that failed in 2008
Yup
So you’re lumping the six members of the Fed Reserve with the Regional Banks?
I will just leave this here:
https://theconservativetreehouse.com/blog/2013/01/10/john-brennan-the-cia-zibgnew-brezinski-columbia-university-and-obama/
16 years since the Fed raised the interest rate to this level.
Does anyone else remember what was going on sixteen years ago?
Credit default swaps, the fall of Wall street firms….eventually TARP (an anagram for TRAP).
All the failing banks are PacWest, San Francisco area to be exact.
These banks have already surpassed the monetary values lost in 2008.
Why? Why that one specific area? And why is the monetary amount being ignored?
this is truly a combination of the silicon valley job bust and the DIE hiring of the SanFran Fed chair.
jeans2nd: Pacwest Bancorp is HQ’ed in Beverly Hills. Still, the West Coast contagion is, indeed, curious.
I am reminded of the old farm saying regarding rat problems. Just substitute “failed bank” for rats.
If you see one rat you have two.
If you see two rats you have 10.
If you see three rats you have a problem.
I believe we are at or past the “three failed banks” threshold.
Come on, man. What do you want Powell to say, that the banks are on the verge of collapse? If he said anything close to that, there would be panic like in 1929, and the entire financial system would collapse just as it did then.
I’m glad Powell is saying that the banking system is sound. The only thing that makes any bank sound is having confidence in it not collapsing and if it does, knowing that the FDIC has your back, if you meet the deposit limits.
If you notice, the banks that are in trouble are on the west coast and are tied to the hedge fund operators in silicon valley. Anything tied to hedge funds is a crap shoot and hedge funds should be declared illegal for any bank or brokerage entity to be anywhere near them. The problem we have is too much money in the hands of a few who don’t want to invest it in long term safe investments. They want to make millions, even billions quickly. The overwhelming majority of the new multimillionaires got rich quick. It “ain’t” old money and they have more damn money than they know what to do with.
Build Back Better = Biden Breaking Backs
That bottom left photo in your collage is California, Sundance. Today’s projected amount in reparation for slavery (1.2 million per black California resident) may end up chasing the rest of the tax paying middle class out of the state, while also bankrupting the nation when California needs to pay up.
Truist is a Florida bank. I’m concerned .
We’ve banked with US Bank for decades. Their shares are down to $29 from over $50 and trending down.
I give it 30% odds we’re forced into one of the TBTF bankster criminal enterprises in the next 6 months. I may move everything to the local credit union.
What a fricking disaster. The OBiden regime is at war with us.
Only banks left will be the ones who completely comply with the digital ID schemes.
Like Bank Of America.
KRE May 19 2023-$39.5 Puts – $1.97. Up 83.66% in one day ($4.47). They were higher before the rally. I thinned my position. But, I am holding for the weekend breakdown.
I am am afraid this gets worse.
There will be a run on safes before you know it.
Make sure you concrete it firmly into the floor.
https://quoththeraven.substack.com/p/everyone-is-just-pretending-nothings
We moved to Mexico summer of 82 when the Mexican Peso was in freefall. The new government that took office that Sept, proceeded to nationalize the banking system due to the emergency.
It wouldn’t surprise me if the US government decided to do likewise, due to a failure in its policy decisions.
Remember, don’t let a crisis go to waste!
The Treasury Account is going to hit zero on May 10th or 11th at the current rate of depletion.
For a variety of reasons, I would not be surprised, at all, if the fecal matter hit the oscillator on 5/11.
5:5 ??
My wife and I owned a regional bank stock ( she worked for one) we sold our holding in December and it’s stock was near $60. It closed today for $26 We sold because I saw disaster coming and pulled 90% of our savings out of the stock market. Had a bad feeling
Moving faster toward that digital currency bailout. Never waste a crisis!
The Biden administration is throwing its support behind further study and development of what would be known as a U.S. Central Bank Digital Currency.
https://www.nbcnews.com/tech/crypto/us-government-digital-currency-rcna19248
March 9, 2022