Today's RBN show will be a rebroadcast!
"I should have been a meteorologist. It's the only job (outside of politics) where you can be that wrong that often and still get a paycheck!" -- Michael Rivero
'Too small to fail.'
In the past 48 hours, two banks – Credit Suisse and First Republic - got massive cash infusions to stabilize their foundations, which had begun to shiver and shake after the collapse of two U.S. regional banks, Silicon Valley Bank (SVB) last Friday and New York's Signature Bank on Sunday.
Credit Suisse, a 167-year-old financial institution, secured a $54 billion dollar loan from the Swiss National Bank (SNB) - Switzerland's version of the Federal Reserve.
Apparently, the SNB thinks Credit Suisse, which ranks among the world's largest wealth managers, is too Swiss to fail, and that its collapse could cause ripples through the entire financial industry.
Concerning, but fair enough. Credit Suisse is an international banking giant. But California-based regional bank First Republic is not.
CNN anchor Erin Burnett has admitted evidence that members of President Biden's family received over $1million from various accounts linked to son Hunter's Chinese business associates 'doesn't look good' for the First family.
During a recent episode of CNN's 'Erin Burnett OutFront,' the host touched on the subpoenaed financial records, which were obtained by the House Oversight Committee.
The records show that money from the president's troubled son was funneled to several members of the Biden clan including James Biden, and Beau Biden's widow Hallie Biden.
California Gov. Gavin Newsom is facing increased pressure to use his authority to unilaterally enact proposals that would dole out billions of dollars to Black residents in reparations as a way to make amends for slavery if the state legislature doesn't act.
The California Reparations Task Force, which was created by state legislation in 2020, is considering a proposal to give just under $360,000 per person to approximately 1.8 million Black Californians who had an ancestor enslaved in the U.S., putting the total cost of the program at about $640 billion.
The task force's final recommendations for reparations will be submitted to the California Legislature, which will then decide whether to implement the measures and send them to Newsom's desk to be signed into law.
Fox News anchor Maria Bartiromo suggested Trump's potential indictment over hush money payments to porn star Stormy Daniels may be part of a plot to distract from recent revelations about Joe Biden's questionable family finances.
Speaking on Sunday Morning Futures with former Director of National Intelligence John Ratcliffe, Bartiromo said it was 'disturbing' that news of Trump's indictment was broken just days after a Congressional committee released documents that appeared to indicate members of Biden's family were paid more than $1million by the Chinese government.
The report was released by House Republicans on Thursday and showed the president's son, Hunter Biden, the widow of his son Beau Biden, and other relatives of the president's family received the cash in 2017 from an associate who had entered into a business deal with a Chinese energy company.
Donald Trump said early Monday morning that the statute of limitations has already passed for charges he is expecting in the Stormy Daniels case, as his ally prepared to appear before the grand jury.
The former president wrote on Truth Social: 'They are MANY years beyond the Statute of Limitations which, in this instance, is TWO YEARS. More importantly, THERE WAS NO CRIME!!!'
He posted as lawyer Robert Costello was set to testify to the Manhattan grand jury investigating the hush money payments made to the porn star, which Trump says he will be arrested for on Tuesday.
A coalition of midsize U.S. banks asked federal regulators to extend FDIC insurance to all deposits for the next two years, arguing the guarantee is needed to avoid a wider run on the banks.
“Doing so will immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures,” the Mid-Size Bank Coalition of America said in a letter to regulators seen by Bloomberg News.
Confirming all that we've been warned about for the past decade+ in their report that retired foreign ministers, ambassadors, CEOs, bankers and academics had gathered at the secretive meeting of the Trilateral Commission's first global plenary meeting in India, their story reported that the meetings that would be taking place there would lead to 'policies that shape the world' and as we've all witnessed over the past several years, those 'policies' look and smell an awful lot like tyranny, that 'boot stamping upon a human face forever' the globalists so look forward to.
Reporting also that during those meetings, one speaker (who is not allowed to be identified according to commission rules) bluntly stated "Three decades of globalization -- defined as integrated, free-market based and deflationary -- has been replaced by what will be a multidecade period of globalization defined as fragmented, not-free-market-based but industrial-policy based and structurally inflationary. This year, 2023, is Year One of this new global order," Slay News had also reported back in February of 2023 that according to the Globalists who'd gathered at the World Government Summit in Dubai, the transformation to 'world government' needed a 'shock' to move the world away from 'the current world order.' What kind of 'shock' we might ask? From that story before we continue.:
Turkey’s Ambassador Murat Mercan recently argued in Defense One that “transitioning transatlantic security priorities to an era of great power competition inevitably will necessitate exploring venues of gradual rapprochement between Turkey and the United States.” This could not be further from the truth.
After 21 years in power, while a rapprochement between the United States and Turkey may be possible, it cannot happen until President Recep Tayyip Erdoğan leaves office. Put simply, Erdogan shares none of the values that define and undergird the transatlantic alliance that Turkey was an integral and trusted member of.
Officers with the New York Police Department had to escort far-left activists from a Drag Story Hour hosted by Leftist New York Attorney General Letitia James on Sunday after they previously said "Queer Spaces Must Be No Cop Zones" and protested James' involvement in the event.
Video captured by NJEG Media shows police removing the counter protestors from the event titled "Drag Story Hour NYC with New York State Attorney General Letitia James," held at the LGBTQ+-centric The Center located in NYC's West Village.
Poland’s Ambassador to France Jan Emeryk Rościszewski said in an interview that a situation could arise in which Poland would have to enter the war. The embassy urged audiences to refrain from sensationalising his words.
Source: Rościszewski in an interview with LCI, a French TV channel; Rzeczpospolita, a Polish media outlet, citing Poland’s Embassy in France.
“QE” or Quantitative Easing has been the bull’s siren song for the last decade, but will “Not QE” be the same?
Last week, amid a rash of bank insolvencies, government agencies took action to stem a potential banking crisis. The Federal Deposit Insurance Corporation (FDIC), the Treasury, and the Fed issued a Bank Term Lending Program with a $25 billion loan backstop to protect uninsured depositors from the Silicon Valley Bank failure. An orchestrated $30 billion uninsured deposit by 11 major banks into First Republic Bank followed. Those deposits would not occur without Federal Reserve and Treasury assurances.
The details of the Bank Term Funding Program were described in the Federal Reserve press release.
“The additional funding will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.
“With approval of the Treasury Secretary, the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP. The Federal Reserve does not anticipate that it will be necessary to draw on these backstop funds.”
Dr. Jordan B. Peterson, Michael Yon, and Eva Vlaardingerbroek discuss recent events encircling the Dutch farmers protest, how their anti-globalist movement mirrors the Canadian Freedom Convoy, and how their message has resonated across the world despite best efforts to silence their voices.
Students at the University of Pittsburgh are canning the school’s decision to bow to the pressure of Democrat lawmakers and cancel a speech by a conservative speaker.
The Daily Caller reports that Democrat politicians in Pennsylvania are demanding that the university cancel a scheduled speech meant to be given by a passionate conservative speaker on campus. The politicians alleged that the speaker was engaging in “hate speech," but many students feel this is nothing more than code for “we don’t agree with this speaker.".
Conservative student groups on campus plan to host Daily Wire commentator Michael Knowles, Senior Editor Cabot Phillips, and former University of Kentucky swimmer and Independent Women’s Forum spokeswoman Riley Gaines at various events on campus, according to an Instagram post by those groups. They want to make a good impression on these speakers, but it seems that the university is trying to avoid letting that happen.
A top aide to first lady Jill Biden is leaving, according to a new report.
Rory Brosius, who has been running the Joining Forces project, announced her departure in a message to the military community, according to NBC. Sheila Casey, the wife of former Army Chief of Staff Gen. George Casey, will take over when Brosius leaves later this month,
“As a young military spouse walking into the East Wing to intern for Joining Forces in August of 2012 to joining the Biden-Harris Administration on day one to stand up Joining Forces, this has been the journey of a lifetime,” Brosius said in her message.
US President Joe Biden raised his concerns with the judicial overhaul being advanced by Prime Minister Benjamin Netanyahu’s government during a “candid and constructive” phone call with the premier on Sunday, according to a senior US administration official.
Biden reiterated previously voiced US calls for the Netanyahu government to secure “as broad a consensus as possible” for the fundamental changes aimed at curbing the High Court of Justice’s powers, the administration official said, and also expressed support for President Isaac Herzog’s efforts toward a compromise between the hardline coalition and the wide-ranging opposition.
Herzog has presented an alternative framework to the contentious package of legislation, a proposal that was quickly rejected by the coalition.
Many “news” outlets are now running with the report, including the New York Post. However, that paper added an intriguing tidbit.
The analysis of the genetic sequences has been led by Kristian Andersen, a virologist at the Scripps Research Institute in California; Edward Holmes, an evolutionary biologist at the University of Sydney in Australia; and Michael Worobey, a virologist at the University of Arizona.
Andersen was one of the authors on “The Proximal Origin of SARS-CoV-2,” a report that was coordinated by Fauci to disprove the lab leak and gain-of-function theories about the coronavirus.
Kim Jong-un has ordered his troops to prepare for an 'immediate and overwhelming' nuclear counterattack against his enemies - as he accused the US of holding aggressive military drills with South Korea.
He warned that North Korea was ready to launch just hours after commanding his own 'guided' military exercises - which included firing a ballistic missile with a mock nuclear warhead.
Jong-un said the exercises improved the military's actual war capability and highlighted the need to ensure its readiness posture for any imminent nuclear warfare the country may need to unfurl against its enemies.
Toxic smoke from US military burn pits at bases in Iraq following the 2003 invasion and occupation of the country has caused deadly cancers and respiratory problems in both US soldiers and Iraqis, the Washington Post reported on 18 March.
“Where soldiers established military bases, they burned their trash in the open, poisoning the air all around them,” the Post wrote. Batteries, human waste, plastic ration packs, medical waste, paint, petroleum, unexploded ordinance and even refrigerators were among the items burned.
Of the 150 burn pits at US military bases throughout Iraq, the pit in the town of Balad, 50 km north of Baghdad, was the largest, some 10 acres in size.
By 2008, some 150 tons of waste were burned there each day, at times creating a poison cloud thick enough to block out the sun, which caused farmers working the fields nearby to return home covered in soot streaks at the end of each day.
The U.N. World Food Programme has been forced to cut rations to 4 million Afghans this month, it said in a statement late on Friday, due to a funding shortfall in the midst of the country's severe humanitarian crisis.
"Due to funding constraints, at least four million people will receive just half of what they need to get by in March," the statement said, adding the U.N. food agency urgently needs $93 million in funding to reach 13 million people in Afghanistan in April.
Since the Taliban took over in 2021 the already poor country has plunged deeper into economic crisis and foreign governments cut development funding and enforced sanctions on the banking sector.
A Pentagon study has found high rates of cancer among military pilots and for the first time has shown that ground crews who fuel, maintain and launch those aircraft are also getting sick.
The data had long been sought by retired military aviators who have raised alarms for years about the number of air and ground crew members they knew who had cancer. They were told that earlier military studies had found they were not at greater risk than the general U.S. population.
In its yearlong study of almost 900,000 service members who flew on or worked on military aircraft between 1992 and 2017, the Pentagon found that air crew members had an 87% higher rate of melanoma and a 39% higher rate of thyroid cancer, while men had a 16% higher rate of prostate cancer and women a 16% higher rate of breast cancer. Overall, the air crews had a 24% higher rate of cancer of all types.