Before getting to the details of the Credit Suisse issue, it is worth taking a bigger geopolitical context to the dynamic.  The initial backstop sought by Credit Suisse was from the Saudi National Bank; however, SNB Chairman Ammar Abdul Wahed Al Khudairy refused more lending {LINK}.

This is where we need to keep the BRICS -vs- WEF dynamic in mind and consider that ideologically there is a conflict between the current agenda of the ‘western financial system’ (climate change) and the traditional energy developers.  This conflict has been playing out not only in the energy sector, but also the dynamic of support for Russia (an OPEC+ member) against the western sanction regime.  Ultimately, supporting Russia’s battle against NATO encroachments.

Russia, Saudi Arabia and China are geopolitically aligned in interest against the western financial system.  As a consequence, when western banks find themselves in need of capital and cash, there is a layered geopolitical dynamic in the background to Saudi refusal that must be considered.

With multiple western banks now in trouble, Credit Suisse is also exposed, and, like U.S. Treasury/Fed intervention in America, the Swiss central bank has stepped in to backstop the looming collapse.

In the big picture, we are seeing the ramifications of the ‘Build Back Better‘ agenda impacting the banking and finance sector which spearheaded it.  I am not seeing this discussed anywhere, as the western governments of the collapsing banks are being forced to intervene.

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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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Senator Lindsey Graham (U-DC) is trying to get the Libyan band back together as part of the effort to escalate a NATO war against Russia.  In the latest development, according to the U.S. version of events, Russia took down a Reaper drone over the Black Sea:

The MQ-9 Reaper drone was making a routine flight before it was intercepted by two Russian Su-27 fighter jets on Tuesday. The warplanes dumped jet fuel on the drone and flew in front of it in a “reckless, environmentally unsound and unprofessional manner,” according to a statement from U.S. European Command.

One of the Russian aircraft then struck the drone’s propeller, rendering it unflyable and prompting U.S. operators to ditch it in the Black Sea. (link)

The Russian version of events outlines something akin to Russian pilots throwing a Pepsi at it.  As relayed by Russian Ambassador to the United States Anatoly Antonov:

[…] “I explained the position of the Russian Federation,” Antonov said. “I stressed that the American UAV that was moving deliberately and provocatively towards the Russian territory with its transponders turned off violated the boundaries of the temporary airspace regime established for the special military operation, which was communicated to all concerned users of international airspace in accordance with international norms.”

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At the conclusion of his speech and remarks at a campaign rally event in Davenport, Iowa, President Trump did something very few candidates would ever do, he held an impromptu “ask me anything.”

A microphone was given to the audience and President Trump took unscripted questions, delivering answers directly from him, “off the cuff.”  Most political consultants would recoil from their managed candidate exposing themselves to any random audience question.  However, for President Trump the opportunity reflects just another example of an outsider speaking directly to the people he asks to represent.  The video of the Q&A is below and represents the authentic nature of “The People’s President.” WATCH:

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You cannot ‘create’ authenticity.  Either a candidate has it, or they do not.

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Knowing, not predicting – knowing – the Biden economic policies were going to create massive U.S. inflation in the years to follow, in 2021 I pinned a tweet thread to the top of my timeline on the CTH Twitter account that could be used as a reference. [You Can Read Here] Not a single month of statistical data has come in the past two years that was not entirely predictable.  Today’s report from the Bureau of Labor and Statistics (BLS) [DATA HERE] is no different.

Inflation is a measure of the change in a price. It is usually presented in terms of a percentage of change. When inflation starts to lessen, what that means is the rate of the price increase slows down. The price is still going up, but at a slower pace.

February prices overall increased 0.4% for the month, putting the current rate of annual inflation at 6.0%.  Meaning prices (on aggregate) are 6% higher than this exact same time last year.

Meanwhile, wages increased 0.2% for the month, and hours worked dropped 0.3% [DATA]. Wages only rising by half the rate of prices, and hours worked dropping, means the net ‘real wages’ declined, yet again, by 0.4%.

Workers are going backwards.

The very real impact on the working class is getting worse.  The blue collar team, who works for a living and does not take Instagram pictures of their lunches, are getting crushed in the Biden economy.  The divide between the ‘haves’ and the ‘have-nots’ is getting wider.

Put another way, Team MAGA, the entire continuum of normally apolitical working class, is watching the rust growing and feeling the worst part of the Biden economic outcome.  I have often spoken in my immediate circle of influence with the phrase, “financial anxiety is a very real concern the closer you get to the laundromat,” and many people have no idea what that means.

The biggest BS statement of the day goes to CNBC with this sentence:

“Inflation began rising in early 2021 due to a supply-and-demand imbalance. Now, it’s largely fueled by strong demand for labor, economists said.”  (link)

I challenge you to find a more encapsulating pile of horsepucky that represents the financial media era of great pretending.  When I read stuff like this, I begin to think the next great eruption of a violent war is getting even closer, and this war will have nothing to do with nations.

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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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Last week Tucker Carlson asked the prominent names announced or anticipated to run for the 2024 Republican nomination to provide their policy toward Ukraine.  Many of the candidates responded, a few did not.  Nikki Haley, Chris Sununu, Mike Pompeo, John Bolton and Asa Hutchinson did not respond at all.

President Trump and Governor Kristi Noem were the only responses that answered each question specifically.  The remaining candidates ignored some, gave obtuse poll-tested responses to other points or just ignored the central element of the questions they were uncomfortable with.  The responses were then posted on Twitter by Tucker Carlson:

President DONALD TRUMP – “Like inflation and numerous other self-inflicted wounds and mistakes made over the past two years, Russia would definitely not have raided and attacked Ukraine if I was your President. In fact, for four years they didn’t attack, nor did they have any intention of doing so as long as I was in charge. But the sad fact is that, due to a new lack of respect for the U.S., caused at least partially by our incompetently handled pullout from Afghanistan, and a very poor choice of words by Biden in explaining U.S. requests and intentions (Biden’s first statement was that Russia could have some of Ukraine, no problem!), the bloody and expensive assault began, and continues to this day.

That is all history, but how does it end, and it must end, NOW! Start by telling Europe that they must pay at least equal to what the U.S. is paying to help Ukraine.

They must also pay us, retroactively, the difference. At a staggering 125 Billion Dollars, we are paying 4 to 5 times more, and this fight is far more important for Europe than it is for the U.S. Next, tell Ukraine that there will be little more money coming from us, UNLESS RUSSIA CONTINUES TO PROSECUTE THE WAR.

The President must meet with each side, then both sides together, and quickly work out a deal. This can be easily done if conducted by the right President. Both sides are weary and ready to make a deal. The meetings should start immediately, there is no time to spare. The death and destruction MUST END NOW! Properly executed, this terrible and tragic War, a War that never should have started in the first place, will come to a speedy end. GOD BLESS AMERICA!!!”

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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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Tonight, President Donald J. Trump will deliver remarks on his America First Education Policy in Davenport, Iowa.

President Trump remarks are scheduled to begin at 6:15pm CST / 7:15pm EST. Livestream Links Below:

Donald Trump Campaign Livestream – RSBN Livestream Link – Alternate Livestream Link 

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