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The California Contagion – PacWest Teters on Becoming the Next Regional Bank to Collapse as Regional Banking Stocks Continue Severe Drops

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.

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Position Reversed Again – Nashville Police Refuse to Release Transgender Audrey Hale Christian Murder Manifesto

Long-time readers of CTH research will remember a very specific agency inside government, the Dept of Justice Community Relations Service (DOJ-CRS).

This little-known, quasi legislatively authorized, Eric Holder weaponized, silo inside the justice system operates to control information that would be deemed ‘adverse to the peace and tranquility interests of the nation.’ In non-pretending terms, the DOJ-CRS controls any information in the criminal justice system that doesn’t fit the agenda of the radical communists and left-wing activists within it.

The CRS controlled the George Zimmerman case. The CRS controlled the Darren Wilson case (Ferguson). The CRS controlled the Baltimore-Six case. The CRS controlled the Stephen Paddock case (Las Vegas).  There are many more.

The CRS, also known colloquially as the “peacekeepers” can reach into any system of justice, local, state, federal, including courts, judges, trials and law enforcement agencies, and control the information that is at the center of their topic, charge or investigation.

The CRS is an omnipotent smaller agency, with incredible power within the Dept of Justice, that has full control over anything they identify as needed to retain the “domestic tranquility,” including instructions to federal and state judges.

Almost no one knows about the CRS, and no one is permitted to talk about their true mission. What the FISA court is to the star chamber of the judicial branch, the CRS is to the star chamber of the executive branch and domestic DOJ operations. The CRS can remove investigators, lawyers and even judges from cases, and the CRS can appoint investigators, lawyers and judges to cases of their interest by authority of their power. They can also control any evidence in any case, in any jurisdiction.

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Second Biden Removal Leverage Deployed and Timed to Coincide with First – Prosecutors Near Decision on Hunter Biden Indictment

If you think about Joe Biden’s 4-year term in office as an intentionally constructed single term with no limits or consequences to the cascading damage inflicted; and if you think about the ideologues behind the plan to use cognitively challenged Biden as a tool to achieve their agenda; then everything from the way he was selected in 2020, to the disconnected and fragmented policy and Biden’s interpretation of them, just makes sense.

As our friend Lee Smith summed up in early 2021, “Joe Biden is an avatar for Barack Obama’s third term.”  That is what we have been witnessing.  A term in office where every policy wish list and far-left agenda item could be triggered without any care or consequence of political damage.

The people behind Biden are ideologues using this unique opportunity to further the “fundamental change.”  From that perspective every single granular move during the Biden term makes sense.  However, this also means there’s no term two in the design.   The damage will be so great, there’s no way for a second term.

Again, if you accept that background, and ignore the puppet presentations, everything currently underway that seemingly makes Biden look vulnerable and disposable makes sense.  It’s not Republicans trying to take him down, it’s Democrats – who will use republicans to assist them.

Into this landscape comes the second leverage point for the removal.  The vulnerability represented by Hunter Biden.  This approach also explains why the Hunter Biden investigation was completed long ago, and the Deputy Attorney General Lisa Monaco/Obama-minds were simply waiting for the timing of the election calendar.  Earlier today a Main Justice whistleblower provided the triggering mechanism for one removal approach.  Here is another:

WASHINGTON DC – Prosecutors are nearing a decision on whether to charge President Biden’s son Hunter with tax and gun-related violations, according to people familiar with the matter, the culmination of a four-year investigation that Republicans have sought to portray as evidence the Biden family is corrupt.

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With Sales Crushed, Anheuser Bush Tells Wholesalers to Give Bud Light Beer Away Free to Employees Before Expiration Date

Here we go.  Hard data is now starting to surface showing the devastating impact of the Anheuser-Busch decision to rebrand Budweiser products as the beer for the transgender community.   The #1 and #2 best selling beers in the United States are now fully rebranded to consumers and destroyed.  Now we see the ramifications.

The irony of Budweiser creating the “born on” date and freshness date system in the beer industry is just too damned funny, here’s why.

Across the United States, wholesalers are on the hook for inventories of Bud Light and Budweiser products that no one is buying.  These products have an expiration date, thanks in part to the previously mentioned freshness campaign long ago created.  The wholesalers have to swap out the close-dated products that are not being sold in retailers and restaurants.  The wholesalers are then stuck with out-of-date product, and turn back to the corporate office for help.

From reporting in the Wall Street Journal, Anheuser-Busch (A/B) is telling the wholesalers to give the product free to their employees rather than dump it.  By law, they cannot give it away to consumers, and they cannot cross promote the beer by “bundling” alcohol with another CPG product (ie, buy chips, get free beer).

The story is being promoted as A/B being magnanimous in giving the beer to the employees; however, in reality as the product hits its expiration or sell-by date, A/B only has that option, other than to dump it in the garbage and recycle the containers.  There is so much unsold inventory, data below, they are now giving it away (lol).

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Why Now? Florida Republican Legislature Sealing Ron DeSantis Travel Records from Public Review

The easiest way to cut through the pretending nonsense is to ask the obvious question, ‘Why now?

The Florida Republican Legislature is changing the Sunshine Laws in Florida to block people from reviewing the travel records of the Florida Governor. [HB1495 Link]

The claimed justification is security, to protect the governor and high-ranking state officials.  However, the obvious timing of Ron DeSantis pending run for the White House, in combination with his administration refusing to give details on who/how the funding for his private charter flights have been taking place during the “book tour,” makes the new law much more suspicious as constructed.

As noted within a Politico article on this subject: […] flight tracking records show that a private chartered jet last week flew from Austin, Texas, to Japan to South Korea to Israel to London and then, over the weekend, stopped in Boston before finally winding up in Tallahassee. Those stops coincide with the governor’s movements for the past week.

No reply at all — It has been previously stated that this trip is being paid by private donations to Enterprise Florida, the public-private economic development agency that is about to be dismantled by the Legislature. But a spokesperson for Enterprise Florida has not responded to questions as to why a chartered jet — which is likely to be tremendously expensive — was used for DeSantis’ trip. The agency was also asked about how much this will ultimately cost.  (read more)

If we stop playing this silly game of pretending, we will accept the billionaire donors who are funding the ‘STOP TRUMP’ operation are likely the same donors who are funding the ‘BOOK TOUR’; who are the same donors who funded the new branding and consulting group in 2022; who are the same donors funding the apparatus of the DeSantis stealth campaign.  More succinctly, his control handlers.

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Interior Secretary Deb Haaland Testifies It’s Better to Get Rid of Jobs in USA, Live in Poverty and Save the Planet – Even if Rest of The World Doesn’t Do It

Around 15 years ago CTH outlined the inclusive goal of the progressive movement, modern Democrats as they were evolving, was to deconstruct the U.S. economic system so that Americans would be forced to live in government-controlled poverty. Essentially reduced to circling a campfire, eating sustainable algae cakes and picking parasites off our family members.

Most people understandably scoffed and said we were being hyperbolic.  However, what we were highlighting was the natural conclusion of a visible ideology and set of policies.  The modern democrat ideology is based on a worldview that feudalism is superior, and Democrats are elite in their global magnanimity (defined as their virtuous self image).

Fast forward a decade+ later, and there is Joe Biden’s Secretary of the Interior, Deb Haaland, explaining why it is better for the health of the planet if Americans lose their jobs, lose their economic sustainability, starve in feudal poverty, as the virtuous government ships all the dirty jobs to China and retains their clean pro-climate agenda.   In Haaland’s defense, it should be noted that this has been the policy of Canada for quite a while.  WATCH: 

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Insert vote, pull lever, get pellet… repeat!

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FISA 702 Reauthorization Scheduled for This Year – Here’s Why It Must Be Opposed

This is a repost of an earlier outline from last week, you’ll soon see why refamiliarizing yourself with the details is important.

Office of Inspector General Michael Horowitz testified April 27, 2023, that more than 3.4 million search queries into the NSA database took place between Dec. 1st, 2020 and Nov. 30th, 2021, by government officials and/or contractors working on behalf of the federal government. These search queries were based on authorizations related to the Foreign Intelligence Surveillance Act (FISA).

[OIG Testimony HERE]

Approximately 30% of those 3.4 million search queries were outside the rules and regulations that govern warrantless searches, what the politically correct government calls “non-compliant searches.”  That means more than 1 million searches of private documents and communication of Americans were illegal and outside the rules.

Additionally, IG Horowitz also admitted that somewhere north of 10,000 federal employees have access to conduct these searches of the NSA database; a database which contains the electronic data of every single American, including emails, text messages, social media posts, instant messages, direct messages, phone calls, geolocation identifiers, purchases by electronic funds, banking records and any keystroke any American person puts into any electronic device for any reason.

If we were in a functioning system of government everything would be stopped right now, and no conversation would be taking place that was not about this issue. This is the total and complete surveillance state being talked about as if we were discussing what’s for dinner.

This is beyond jaw-dropping.

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JPMorgan Chase Acquires First Republic Bank with FDIC Backstopping Deal While Ignoring Current Banking Laws

The topline story from the announcement by JPMorgan Chase [SEE HERE] there are no banking rules/laws in the Biden Fed/Treasury system.

The Dodd-Frank laws are still on the books, but the FDIC decision to insure all deposits, regardless of size, now means those laws, rules and regulations are not required to be followed.  Additionally, as a result of JPMorgan gaining another $100+/- billion in deposit assets, the law(s) surrounding the 10% U.S. deposit maximum, within too big to fail banks, no longer exists. Noted in the announcement, “JPMorgan Chase is assuming all deposits – insured and uninsured.”

JPMorgan is also assuming assets consisting of $173 billion in loans and approximately $30 billion in securities.  The FDIC is going to assume risk (with a risk sharing agreement) for current First Republic Bank mortgage and commercial loans acquired by JPMorgan, guaranteeing JPMorgan a 5-year fed fixed rate on $50 billion in mortgage bonds.

The Federal Deposit Insurance Corporation (FDIC) rule requiring the holding of 1.5% of deposits for all depositors up to $250k in all institutions is now essentially moot.  If the FDIC is guaranteeing all deposits, there’s no way for the insurance corporation to capture or hold $1.5% of all banking deposits.  The law is in conflict with the outcome action of the Fed/Treasury and ultimately the FDIC, ergo the law is nulled by the ignoring of it.

Mohamed El-Erian gives his take below, but seemingly missed the part of the announcement where JPMorgan states, “no systemic risk exception was required” in the deal.  This means the FDIC is completely free-range with the agreement, they are not even trying to justify why they would make a too big to fail bank even bigger. WATCH:

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Sunday Talks, NBC’s Gleeful Chuck Todd Promotes the Big Trap

CTH has been warning about how the multinationals use the false construct of the DC Potemkin Village to keep people distracted from the true power center that is in control of the system of our national government.  Just as Washington DC and the Legislative branch do not write legislation, the DC system does not control the regulations that flow as an outcome of the Executive branch policy.

Behind the Potemkin Village we discover the mechanisms and people who write the laws, construct the rules, and pay for control over the priority and execution of policy.  Corporations are in control of government; the politicians are the faces that keep everyone distracted.  This dynamic was recently highlighted when Senator Lindsey Graham discovered during a television broadcast that he was a sponsor of a bill he didn’t even understand.

The RNC and DNC are two private corporations within this dynamic.  The same funding mechanisms and corporations behind the Potemkin Village are the same funding mechanisms and corporations who fund the RNC and DNC.  This is one big political apparatus that gives the illusion of government, while the corporations exfiltrate the wealth using laws they construct and policies they create.

Earlier this year we warned these same multinational entities would use the “culture war” to enhance the distraction.  This is ‘The Big Trap.’  Earlier today NBC’s Chuck Todd ran the promotional preview for the 2024 deployment.  WATCH (2 minutes):

Prior to the 2012 election and the rise of the Sandra Fluke free birth control narrative, we used to call them social issues; however, the usefulness of cultural wars has morphed into the larger war of wokeism.

In the big picture, keeping the voting base distracted from the economic expansion of multinational globalism, the corporate ‘masters of the universe’ (ie. the Big Club within both parties), need to keep pushing wokeism and anti-wokeism as a political strategy.  The cultural issues are useful tools to keep control of an alignment of voters.  It has always been thus, and even more important now that people are starting to realize the expansion of the rust belt.

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Sunday Talks, Gary Cohn Discusses the First Republic Bank Dynamic, and Confirms Something Interesting…

Gary Cohn is connected to the banking and finance industry, well connected.  In this interview with Face The Nation earlier today, Cohn is discussing the current status of First Republic Bank, another big player in the California banking system that is about to collapse.  Cohn notes something at the 1:15 mark that just seems obvious yet is undiscussed in most outlines of the FRB discussion.

Six weeks ago, in an effort organized by the FDIC, $30 billion was pushed into FRB by eleven larger banks to stabilize it.  However, the only thing that infusion of capital did was allow institutional depositors time and ability to withdraw their funds. A complete racket.  Once the at-risk group exits, suddenly the collapse is back on the tee.  WATCH:

[Transcript] – MARGARET BRENNAN: We want to turn now to Gary Cohn, who is the vice chairman of IBM, former Goldman Sachs president and a former Trump administration top economic adviser. Good morning to you. Lots of titles, Gary, Lots of experience. That’s why we like having you here. I want to ask you about what’s happening with First Republic. It’s been under pressure. We know they’ve been looking for a buyer, the FDIC, the government is looking to arrange, moving it into government control and then maybe selling it. What are you hearing about how this would roll out?

GARY COHN: Margaret, thanks for having me. I think you’re portraying the situation as we find ourselves again on a weekend. As we closed business of Friday, the FDIC was in a process of looking for acquirers or bidders for the assets over the course of the weekend. I think the FDIC has asked potentially three banks for their final bids for the entire bank. The FDIC would prefer to sell the bank in its entirety than the pieces. What will most likely happen is the FDIC will seize control and then simultaneously resell the asset to the successful bidder. I think that will happen sometime later this afternoon before the markets open in Asia this evening.

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