WILL BE BACK LIVE MONDAY!
"Peace and friendship with all mankind is our wisest policy, and I wish we may be permitted to pursue it." -- Thomas Jefferson
A week ago, traders were pricing in a Fed rate hike of 50 basis points at its March 22 meeting. Now, after all the bank failure fears, I have no idea what the Fed will do.
But whatever the Fed does, I bet it spews more chaos than calm.
Treasury Secretary Janet Yellen — government finance’s version of Anthony Fauci — loudly proclaimed on Saturday that the feds wouldn’t bail out Silicon Valley Bank.
On Sunday, however, they announced jointly with the Fed and FDIC that they were bailing out SVB’s depositors — although not the shareholders or creditors — while insisting it wasn’t a bailout at all.
Inconsistency instills fear.
North Korea test-launched an intercontinental ballistic missile Thursday just hours before the leaders of South Korea and Japan were to meet at a Tokyo summit expected to be overshadowed by North Korean nuclear threats.
The North’s first ICBM test in a month and third weapons test this week also comes as South Korean and U.S. troops continue joint military exercises that Pyongyang considers a rehearsal to invade.
The missile flew about 1,000 kilometers (620 miles) with a maximum altitude of 6,000 kilometers (3,730 miles) during the 70-minute flight, according to South Korean and Japanese assessments. That’s similar to the flight details from a February launch of another ICBM, which experts said demonstrated a potential range to reach deep into the U.S. mainland.
The legislation, first introduced in 2021 and signed into law by Governor Ron DeSantis (R-Fla.), imposed penalties on public university professors who teach about racial subjects in a way that encourages guilt, blame, or animosity towards another race, with such professors facing the possibility of being fired. The law soon faced backlash from left-wing organizations who accused the law of restricting First Amendment rights, and lawsuits were filed against the law by representatives of the University of South Florida (USF) and the far-left American Civil Liberties Union (ACLU).
In his initial decision, Walker described the law as “positively dystopian,” adding that “it should go without saying that if liberty means anything at all, it means the right to tell people what they do not want to hear.”
The DeSantis Administration issued a statement defending the law, declaring that “the Stop W.O.K.E. Act protects the open exchange of ideas by prohibiting teachers or employers who hold agency over others from forcing discriminatory concepts on students as part of classroom instruction or on employees as a condition of maintaining employment.”
AChinese company based out of Hong Kong which paid at least $3 million to several members of the Biden family has since been revealed to have ties with the ruling Chinese Communist Party (CCP).
According to the Daily Caller, State Energy HK Limited sent $3 million via wire transfer to Robinson Walker LLC, a company run by an associate of the Biden family named John Robinson Walker. The wire transfer took place in March of 2017, shortly after Joe Biden’s term as Vice President came to an end, according to a report released on Thursday by the House Oversight Committee.
One of the direct subsidiaries of State Energy HK is State Energy Group International Assets Holdings Limited (SEIAH). At the time of the wire transfer, SEIAH’s chairman was Ren Qingxin, who previously worked for the CCP as a representative at a business organization.
Shortly after the $3 million transfer, Ren was succeeded in his leadership position by Lei Donghui, who had been a member of the CCP since 2002, where he served as Secretary General of the International Engineering Business Bureau of China State Construction (CSC). CSC has since been designated by the Department of Defense as a “Communist China military company.”
As Silicon Valley Bank (SVB) was in the throes of a full-scale collapse, Jay Ersapah, a self-described “queer person of color from a working-class background” functioned as the company’s head of risk management for Europe, Africa, and the Middle East.
The reason why this is important is that Ersapah spent much of her time creating and promoting various LGBTQetc programs rather than doing her job on behalf of SVB’s clients. One such program that Ersapah co-chaired was called the “European LGBTQIA+ Employee Resource Group.”
When Ersapah was supposed to have been managing risks associated with SVB’s European, African, and Middle Eastern portfolios, she was instead organizing a monthlong Pride campaign for herself and her fellow LGBTQIAs.
Late-night talk show host Stephen Colbert took a jab at Kamala Harris, jokingly asking if she viewed kissing up to President Biden as “part of the job” of Vice President after she repeatedly praised his “extraordinary” leadership.
The conversation began innocently enough as the pair joked about the life of a Vice President emulating that of the character Selina Meyer in the HBO comedy “Veep.”
Colbert noted that one of the themes of the show is that the main character, played by actress Julia Louis-Dreyfus, is often frustrated by the “vague duties” in her role as Veep.
President Joe Biden’s 2024 budget proposal requests billions of dollars to advance his gender and sexuality agenda around the world, allocating far more taxpayer dollars to that than dozens of other spending priorities, such as stopping fentanyl from being smuggled across the southern border.
Biden’s budget request for this issue in particular has more than doubled in the last two years. In the past, that focus would have been almost entirely on women and young girls. In recent years, though, advancing women’s rights across the globe is sharing the focus, and the funds, with the president’s gender agenda.
While Biden says he is cutting $3 trillion from the deficit over the next decade, his budget plan would increase the funding to promote “Gender Equity and Equality Around the World.”
Hunter Biden has sued the owner of the Wilmington computer repair store for invasion of privacy, after he turned over the contents of Biden's laptop to allies of former President Donald Trump.
John Paul Mac Isaac had previously sued Biden, but in a counterclaim filed Friday morning in U.S. District Court in Delaware, lawyers for the first son said the shopkeeper had no legal right to copy and distribute private information.
Lawyers for Hunter Biden requested a jury trial to determine damages and asked that Mac Isaac return any data belonging to President Joe Biden's son.
After one of the biggest banks in the technology startup lending space collapsed last week, President Joe Biden tried to reassure Americans that their banking system was still safe. But if bank examiners are not doing their job, which was the fundamental problem in the Silicon Valley Bank crash, then customers’ deposits are not safe.
Bank documents also seem to indicate that corporate leadership may have been more interested in things like environmental sustainability, climate change, and diversity initiatives than risk management.
On Monday, Biden said, “Today, thanks to the quick action of my administration over the past few days, Americans can have confidence that the banking system is safe.”
But all laws, including the Dodd-Frank Act that reformed banking laws, are worthless if there is no enforcement mechanism from bank examiners on banks to reduce risk.
Remnants of a modern glacier have been found near Mars' equator, suggesting ice may still exist at shallow depths in the area. If confirmed, such a discovery could have significant implications for future human exploration on the Red Planet.
Using data from the High Resolution Imaging Science Experiment (HiRISE) on NASA's Mars Reconnaissance Orbiter (MRO), researchers from the SETI Institute and the Mars Institute detected light-toned deposits (LTDs) on the Martian surface. These features consist of light-colored sulfate salts, crevasse fields and moraine bands, which are signs of a "relict glacier."
If Joe Biden has his way, every last scrap of American society would become “woke.” The schools are woke. Movies are woke. Even fast food restaurants are becoming woke. But Biden is causing the most damage in the banking sector, which he is trying to force into investing in woke causes.
Biden’s scheme will force investors to dump trillions of U.S. dollars into woke investments that are sure to fail. Biden is trying to get your banks to bankroll the radical left. It’s what is commonly called “ESG.” But Gov. Ron DeSantis is leading the fight to stop this tyranny. And he got 18 other states to join him.
The unauthorized disclosure of U.S. military personnel records by the Air Force to an opposition research firm funded by Democrats is now under investigation by the House “Weaponization Committee.”
Leading the charge are Chairman Jim Jordan (R-OH) and Rep. Chris Stewart (R-UT), a former Air Force pilot. They sent a letter on Thursday to the military branch’s top official seeking various documents and communications, The Daily Wire can reveal.
“To advance our oversight and to inform potential legislative reforms, we write to request information about this serious breach of our servicemembers’ personal information,” the congressmen wrote.
The House Judiciary Committee and its Select Subcommittee on the Weaponization of the Federal Government “are investigating the mass collection and dissemination of information about American citizens by federal agencies,” they added.
Carlson shared the story during a “Full Send Podcast” interview last week, where he claimed an unidentified tenured Stanford Medical professor, who specializes in traumatic brain injuries, reached out to his team requesting to appear on the Fox News show to talk about a decade-old conversation between him and the U.S. government.
“He’s like, 11 years ago, the U.S. government reached out to me because I’m an expert on head injuries on brain injuries … traumatic brain injuries … as a physician,” Carlson said. “And they had all these court cases from families of U.S. servicemen — over 100 — who had been killed by UFOs. And the Department of Defense was refusing to give them death benefits or medical benefits.”
SVB Financial Group, the parent company of Silicon Valley Bank, announced Friday in a press release that it had filed for Chapter 11 bankruptcy protection.
The filing comes after Silicon Valley Bank collapsed last week in the second largest bank failure in U.S. history. The firm had discharged assets at a loss from a portfolio containing long-term government and corporate bonds to supply depositors with their funds before the Federal Deposit Insurance Corporation assumed control of the company.
Bank regulators in the state of California closed down the bank and named the Federal Deposit Insurance Corporation (FDIC) as the receiver.
Why is it, whenever we talk about Democrats and our constitutional rights–it’s always in terms of them limiting our rights, not expanding them? Joe Biden and Democrats claim they respect the Bill of Rights. But they never do anything to protect, say, our freedom of speech or religion.
In fact, they are more than likely to push policies that limit our ability to worship, speak our minds, or protect ourselves. Biden’s legacy seems to be finding new ways of infringing on our rights. Remember, this is the guy who wanted to force you to get an irreversible medical procedure to keep your job.
And now, he just signed an order that will make it hard for you to exercise one sacred right.
Russian President Vladimir Putin, addressing an audience of Russia’s business elite, offered a caustic retort to the executives’ previous conviction that it was far safer to hold their assets outside of Russia.
"I used to often hear: ‘Well, it's far safer over there’ (abroad - TASS). How about now?" Putin said to the congress of the Russian Union of Industrialists and Entrepreneurs (RSPP) in Moscow on Thursday.