Almost as soon as German Chancellor Olaf Schulz said, “The banking system is stable in Europe – Generally, I think we are in good shape,” shares of German-based Deutsche Bank began dropping.

After a Friday loss of 14%, the bank came back to close -9.8%, and on the heels of the Credit Suisse collapse and subsequent purchase, concerns are still reverberating.

BRUSSELS (AP) — European Union leaders Friday played down the risk of a banking crisis developing from recent global financial turbulence and hitting the economy even harder than the energy crunch tied to Russia’s war in Ukraine.

After a meeting in Brussels, the EU government heads said lenders in Europe are generally in sound health and in a position to weather a combination of rising interest rates and slowing economic growth.

“The banking system is stable in Europe,” German Chancellor Olaf Scholz told reporters after the summit. Dutch Prime Minister Mark Rutte said: “Generally, I think we are in good shape.”

The EU deliberations came in the wake of U.S. regulators’ shutdown of two U.S. banks, including Silicon Valley Bank, and a Swiss-orchestrated takeover of troubled lender Credit Suisse by rival UBS.

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The European Central Bank (ECB) raised interest rates again today, while simultaneously promising to support further bank bailouts that might come as an outcome of raising the rates again.   In the bigger picture there are two dynamics supported by the ECB playing out.

The first issue is the ideological effort to change the economic models based on climate change.  The Build Back Better (Green New Deal) policy, a traditional energy production control effort, is being supported by the ECB effort to shrink the EU economy to meet the rate of diminished energy production.  Make the economy smaller to meet the lower energy production rate.

Lowered energy production (oil, coal and natural gas) has raised energy prices; this is the fuel behind supply side inflation.  The Western (policy-created) energy inflation is hitting every aspect of the EU, US and western global economy.  The prices of all downstream goods and services have risen dramatically as a result.  The European banks are not going to stop trying to make the economy smaller just because banks are failing.  That brings us to the second issue.

Like the first issue with BBB controls, the World Economic Forum action plan for government also includes the creation of central bank digital currencies (CBDCs).  The collapsing of the traditional banking system supports the agenda to create CBDCs.  Raising interest rates puts more pressure on already weak banks.  This is a feature not a flaw of the intent.

Shifting the economy from traditional oil, coal and natural gas is one control aspect (climate change).  Shifting the banking system from traditional currency to central bank digital currencies is the second control aspect (total govt financial control).   The banking instability is the crisis that facilitates the CBDC solution.   Ergo, continue raising rates and continue making the crisis more useful.

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If you wonder about whether people are really starting to understand the UniParty operation in Washington DC, the answer appears to be a resounding “Yes.”

According to the latest Rasmussen poll [LINK HERE], even a majority of Democrats admit that Republicans likely conspired with Democrats to keep President Trump from winning the 2020 election. The exact wording of the question is:

How likely is it that Republican politicians in DC worked secretly with Democrats to keep Trump from being reelected in 2020?

55% – of all voters agree it is likely.
67% – Republicans
51% – Democrats

Rasmussen’s Mark Mitchell appeared on the Steve Bannon podcast to discuss the results of the poll.  WATCH:

https://youtu.be/FuTdJHjVHwc

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As CTH has continued to outline, the Republican Party of Bush, Romney, McConnell et al, is dead.  Voters who support President Trump reject the Wall Street professionally Republican donor class.  The Republican Party is the party of MAGA, America First and Donald Trump now.

Recently on Twitter I stated, “There are not enough people who take pictures of their lunches to post on Instagram to support Ron DeSantis for president.”  This is the essential core of the issue.  Working people and people on fixed incomes understand the value of America First and Donald Trump in/on their lives.  Every other coalition is a small segment of elite minded snobbish people who think they know better.  Keep watching.

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For his opening monologue Wednesday night Fox News host Tucker Carlson revisited the status of the conflict between Ukraine and Russia and the disconnect between Washington DC and American voters.  WATCH:

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Here’s a fun little bit of datamining by the folks at TrendingPolitics.  Apparently, former DOJ apparatchik and current New York Representative Daniel Goldman is holding $32+ million in a Cayman Island bank account.

Goldman was one of Los Tres Amigos conscripted from the DOJ who was enlisted by Mary McCord to run the public face of the House impeachment effort against President Trump.  More recently sketchy Goldman attempted to run defense for the Mueller-Weissmann team during testimony about the Twitter files. {Go Deep}

Considering his legal exposure to the multiple frauds he assisted and perpetrated, it seems part of his financial risk mitigation is to keep his bank accounts in the Cayman Islands.  Curiously interesting, because it’s always worth noting what ammunition the Fourth Branch carries to keep their toadies in line.

[Trending Politics] – Newly disclosed financial documents show that a House Democrat leading the charge against income inequality has stashed over $30 million in a tax-free international haven to support his nonprofit.

The Richard W. Goldman Foundation, which for a decade has provided charitable efforts on behalf of the disadvantaged, reported holding $32.2 million in investments harbored within the Cayman Islands, a renowned haven for wealthy individuals and corporations seeking to relieve tax burdens. The organization was founded in 2012 by Democratic Congressman Daniel Goldman of New York.

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Last week, South Dakota Governor Kristi Noem broadcast a warning on the Tucker Carlson show about a bill that passed her State House and Senate that she was forced to veto because it changed the definition of money and banned non-govt-issued cryptocurrency like Bitcoin. {Broadcast Warning Here}

The bill stems from the generally innocuous Uniform Commercial Code (UCC), which Daniel Horowitz describes as, “a set of standards to facilitate interstate sales and commercial transactions such that all definitions pertaining to such commerce are uniform and clearly understood.”  It looks like Horowitz was the first to transmit the public warning, as identified by two members of the South Dakota House Freedom Caucus, and then Kristi Noem became aware – thus the veto.

Governor Noem warned that the bill was already passing through several states, and if you look at the UCC Amendment tracking page [DATA HERE], she is correct.  The states in green on the map below are states where the UCC revision bill has already been introduced.

As Daniel Horowitz notes in his initial warning dated March 2, 2023:

“The revisions to Article I are very clear now that Bitcoin will not be money, because even though the definition provides for electronic money … it says that an asset that is adopted by a government as its medium of exchange will not qualify as money … if the electronic asset, such as Bitcoin, existed before it was adopted by the government. So Bitcoin, of course, exists today; it existed before El Salvador adopted it as its currency … so it will never be money for UCC purposes. The same for other kinds of crypto currencies.” So there you have it. Officials clearly mean to pave the way for CBDC while explicitly barring all competition. (more)

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Appearing on Sunday Morning Futures with Maria Bartiromo {Direct Rumble Link HERE} House Speaker Kevin McCarthy was asked about the January 6 video. He said, “we will slowly roll out to every individual news agency, they can come see the tapes as well,” and explained that Fox News had to go to the House to review the footage.

The questioning about this process starts at 10:55 of the video below. The main issue raised by everyone is, why doesn’t the House just post the video to a platform and let people go review it themselves?  Has anyone heard a good explanation for why this is not possible?  WATCH:

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During an interview with Margaret Brennan today, Congressman Michael McCaul -another GOPe weasel – said he stands with Vice President Mike Pence in saying “they avoided a constitutional crisis” on January 6, 2021, when Congress declared an emergency session and refused to entertain any challenges to the 2020 election certification.  WATCH:

[Transcript] – MARGARET BRENNAN: We turn now to the chairman of the House Foreign Affairs Committee, Texas Republican Congressman Michael McCaul.

Good morning to you, Chairman McCaul.

REPRESENTATIVE MICHAEL MCCAUL (R-Texas): Good Morning, Margaret.

MARGARET BRENNAN: I have got a lot to get to with you today.

But I want to start where I just left off with those very strong remarks from Mike Pence last night. Do you want to associate yourself with what he said?

REPRESENTATIVE MICHAEL MCCAUL: Let me just say Vice President Pence exercised moral clarity and judgment that day by doing his constitutional responsibility, authenticating the votes and counting them.

He avoided a major constitutional crisis that day. As you know, I voted for certification. That is our constitutional role not to overturn state- certified ballots. So, I agree. I mean, look, it was a dark — dark day. And I think people will be — history will judge everyone by what they did that day.

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Speaking at the Gridiron Dinner in Washington DC yesterday, former Vice President Mike Pence directly blamed President Trump for the events in Washington DC on January 6, 2021, saying:

“President Trump was wrong; I had no right to overturn the election. And his reckless words endangered my family and everyone at the Capitol that day, and I know history will hold Donald Trump accountable.”  ~ Mike Pence

Be of good cheer.  Despite the main takeaway being pushed by mainstream media, these remarks strike me as good news.

These remarks indicate to me that the professional Republican control officers are growing increasingly desperate as President Trump continues to command the new Republican Party.  If Ron DeSantis was making ground, the professional Republican class would not be as desperate as these remarks convey.  All of their collective GOPe effort isn’t working…. they are starting to reach for the kitchen sink.

WASHINGTON (AP) — Former Vice President Mike Pence on Saturday harshly criticized former President Donald Trump for his role in the Jan. 6 riot at the U.S. Capitol, widening the rift between the two men as they prepare to battle over the Republican nomination in next year’s election.

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This is the #1 download on iTunes, as We The People contemplate the events depicted.  The totality of a corrupt American government, led by a system of control, is a painful realization.  However, America always rises.  And yes, “lambs become lions.”

{Direct Rumble Link}

Do not distress yourself with dark imaginings, but more is coming…

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