The 44-hour collapse of Silicon Valley Bank (SVB) is having some reverberations amid the tech sector as companies who carried unsecured deposits with the bank are facing an uncertain future.

Tech company Roku streaming services holds $487 million in cash reserves at SVB representing 26% of their liquid holdings. Those unsecured funds are now tenuous, depending on what steps are taken next.  Additionally, Etsy an online brokering retailer for mostly independent sellers, has also run into a snag with processing disbursement payments to those same sellers.  Etsy used SVB as a depository and payment transfer provider to the merchant accounts.

According to Axios, “Circle’s usd coin (USDC), the second largest stablecoin in the world” is also in a tough position “because a portion of its cash reserves were held at SVB, which the U.S. government took control of on Friday.”  These and other ancillary issues are now part of a larger conversation about whether SVB is representative of a weakness that may impact other banks.   However, current consensus is that a contagion effect is not expected.

SVB was exclusively a tech sector bank.  Small to mid-size tech companies who relied on SVB may have some immediate issues; but the larger banking sector seems much more solid and less exposed to the long-term treasuries that SVB was holding. “People are used to having zero interest rates and easy money, and it’s gone. And there are people who will manage that well and people who will not,” former Congressional Budget Office Director Doug Holtz-Eakin said during an interview on “Cavuto Coast-to-Coast” Friday. {link}

Meanwhile, congress is meeting with treasury and FDIC officials to discuss if taxpayer intervention is needed.  {insert eyeroll here}:

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Having planted the seed for color revolution in Hungary, a European country that doesn’t want expanded war with Russia – therefore the U.S. needs to change the democracy, now Samantha Power moves to another European country for the same reason.  This time it’s Georgia.

Georgia legislature recently passed a bill saying all funding for foreign intervention in the country’s politics, via Non-Governmental Agencies (NGO’s), needs to be made public and the funding registered as foreign agent lobbying.  Essentially, the proposed Georgia law would mirror the U.S. Foreign Agent Registration Act (FARA).

However, because the U.S. is the funding mechanism for the anti-government agencies that operate within the country, the United States is against the effort.  To make sure the U.S. can continue to covertly manipulate the political outcomes, the groups supported by Samantha Power attacked Parliament. [Power Tweet]

To highlight what Power is celebrating…. “Georgian protesters in their tens of thousands have gathered in the capital, smashing the windows of the Parliamentary headquarters and fighting local enforcement officers as the country erupts into chaos. The nation’s ruling party, Georgian Dream, rushed through its first reading of a “Kremlin-inspired” bill on Tuesday two days before the debate was scheduled to take place, causing carnage in Tbilisi as citizens fear their government is severing links to the West at a time of increased tensions with Russia.” (more)

So why is Samantha Power targeting Georgia now?   Well, like Hungary’s Viktor Orban, Georgia’s Prime Minister Irakli Garibashvili does not want expanded war with Russia. Therefore, just like Viktor Orban, the prime minister of Georgia must now be removed and replaced with a pro-war leader.

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I did not get to watch the House Judiciary Subcommittee testimony in real time because, well, life interrupts.  However, I am catching up this evening.  I find myself needing to draw attention to a particular brand of familiar bullsh*t from former DOJ Lawyer and current New York Freshman Representative Daniel Goldman.

In the exchange below, prompted to 10:55, notice how weasel Goldman posits the Mueller/Weissmann Special Counsel Russian indictments as some form of evidence that Russia (a) interfered in the election, and that Russia (b) hacked and dumped the DNC emails in 2016; neither of which is factually accurate….. but he blathers on.

Unfortunately, Taibbi and Shellenberger were not deep enough in the weeds back in 2018 to appropriately skewer Dan Goldman with the verbal takedown he deserved.  What Goldman is saying is ridiculous, and he counts on people not knowing the details of the Mueller/Weissmann schemes.

Former Deputy Attorney General Rod Rosenstein held two big press conferences announcing indictments of Russian actors in 2018.  One in February and one in July, both at critical moments for the fraudulent cover operation being done by Mueller. [Citation Here – And HERE – And Here]

These are the “indictments” Goldman cites. However, the indictments were sealed within the DOJ-National Security Division, specifically so that no one could deconstruct them.  Goldman is asking Taibbi to read indictments that are not even possible to see. They never were.  The only thing the public saw were Weissmann and team’s descriptions of the claims within the indictments we were never permitted to review…. because, well, national security.  WATCH:

Insert the familiar and hilarious case of the Russian Concord Catering Company that was indicted.  Yes, Mueller/Weissmann actually indicted a place that makes ham sandwiches.   The correct “Concord” company eventually took the DOJ case to court and made fun of the stupid Amerikans so much the DOJ ended up dropping the case while claiming they would have to put national security at risk (sources and methods) if they took the case to trial.

In February 2018, they needed a big presser to get away from the Senator Warner texts with Adam Waldman (Oleg Deripaska, Dan Jones, Chris Steele et al), while simultaneously trying to run an operation to deflect attention from the FBI discovery of SSCI Security Director James Wolfe and his leaking of the FISA application.  The February Russian indictments were intended to: (a) suck oxygen, (b) deflect from a collapsing Trump-Russia narrative (Nunes Memo), and (c) prop up the Mueller probe.

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Journalist Matt Taibbi released another Twitter File review today [#18 Available Here] showcasing how the opinion of government interests was pushed toward content censorship regardless of the truth within it.

File #18 release is a walk through all of government interests from COVID-19, Vaccination Compliance and maintenance of the Trump-Russia narrative.

I strongly suggest everyone to review the citations Taibbi presents from the documents contained within Twitter’s internal communication.  SEE HERE.

One aspect that draws particular interest to those who spent years deconstructing the false Trump-Russia narrative, appears in the section beginning in Tweet #34 where Taibbi again visits the influence of the Senate Select Committee on Intelligence (SSCI).

At the epicenter of the SSCI effort we have always found then Vice-Chair Mark Warner manipulating events. Taibbi pulls this thread a little further with his review of how the SSCI contracted with outside government agencies to maintain the false premise of Russian interference in the 2016 election. A name that might be familiar to those who read the SSCI report on “Russian Active Measures and Disinformation in the 2016 Campaign” might be familiar to you.  Taibbi notes:

Profiles portray [Renee] DiResta as a warrior against Russian bots and misinformation, but reporters never inquire about work with DARPA, GEC, and other agencies. In the video below from @MikeBenzCyber, Stamos introduces [Renee DiResta] as having “worked for the CIA.”

DiResta has become the public face of the Censorship-Industrial Complex, a name promoted everywhere as an unquestioned authority on truth, fact, and Internet hygiene, even though her former firm, New Knowledge, has been embroiled in two major disinformation scandals.

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Tucker Carlson has been under blistering attacks from the administrative state in Washington DC, the professional media, Democrats and Republicans in congress as well as the agencies of the FBI, DHS and DOJ.  {Direct Rumble Link Here}

Mr. Carlson responded again tonight to the vitriol from the apparatus of government for his airing of the January 6th CCTV tapes and the fallout from the sunlight.  Extensive segment as aired – WATCH:

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When it comes to rapid fire righteous indignation, no one does it better than Republican House Representative Jim Jordan {Direct Rumble Link}.  This is one of his best.

During the House hearing today, Jordan outlined the suspicious timeline indicating how Anthony Fauci leveraged his position in government to manipulate the origin of the COVID-19 virus.  WATCH:

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The full video of the hearing is also below:

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Fox News host Tucker Carlson became public enemy #1 as a result of him showing some of the CCTV footage from the January 6, 2021, protests in Washington DC.  Collectively both parties in Washington DC and their stenographers in the mainstream media spent the last day in hysteric criticism of Tucker Carlson.

The need for control is a reaction to fear, and Mr. Carlson seems to understand that sunlight always brings forth the greatest demands for control.  In his opening segment tonight, Mr. Carlson took on the critics directly.  WATCH:

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In a Republican administration the leftist media would be going bananas asking why the Federal Trade Commission is requiring Twitter to notify them of which journalists have had access to internal communication files.  Alas, with a Democrat administration in office, the FTC demand is not an issue.

It would appear the mechanisms of government are aligned to fight back against any sunlight that might be provided upon the government manipulation of the social media platform.

In a profound display of institutional hubris, the U.S. government claims they are concerned about user privacy as the justification for their involvement.

In addition to the U.S. government demanding to know who may have reviewed the Twitter company communication with the U.S. government, the FTC is also looking for a deposition from Twitter CEO Elon Musk about the status of the company.

(Via Wall Street Journal) – WASHINGTON—The Federal Trade Commission has demanded Twitter Inc. turn over internal communications related to owner Elon Musk, as well as detailed information about layoffs—citing concerns that staff reductions could compromise the company’s ability to protect users, documents viewed by the Wall Street Journal show.

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Tucker Carlson has kicked a hornet’s nest by broadcasting the January 6, 2021, footage on his television show and outlining the violent insurrection narrative as a false premise.  Given the nature of the entire apparatus of government and media that is now united against him, it will be interesting to see if Carlson’s TV show survives.

Standing in front of the cameras earlier this afternoon, Senate Minority Leader Mitch McConnell blasted Fox News and Tucker Carlson specifically for misrepresenting the events that McConnell says he experienced. “It was a mistake, in my view, for Fox News to depict (January 6th) in a way that’s completely at variance with what our chief law enforcement official here at the Capitol thinks.”  WATCH:

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Federal Reserve Chairman Jerome Powell delivers testimony today before the Senate Banking and Finance Committee.  During his statements Powell says, “The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated.” Powell continued, “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.“… “We will continue to make our decisions meeting by meeting.” …  “Although inflation has been moderating in recent months, the process of getting inflation back down to 2% has a long way to go and is likely to be bumpy.”

Everything about the testimony to the Senate, and almost everything within the questioning as presented, ignores the key and central component that inflation is being driven by energy policy.   The scale of the pretending around this issue is jaw dropping.

Western governments, including the U.S. through Joe Biden, have limited and curtailed the production and exploitation of Oil, Coal and Natural Gas.  At the core of the inflation within those same governments, this is the issue at hand.  Energy prices have skyrocketed, driving the cost of everything through the roof.  The central banks are raising interest rates in an attempt to shrink the economy to match the drop in energy production.   This is their monetary policy (interest rates) attempting to support economic policy (Green New Deal / Build Back Better).

There are no lines for consumers in the U.S and Europe of people buying durable goods, electronics or shopping for non-essential items.  Prices on the products within the durable goods economy are not being driven by excess consumer demand.  There are not 25% more people buying lemons and milk than this time last year.  The prices for goods in general, and for essential goods specifically, have risen as an outcome of the input costs around energy skyrocketing.

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