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I need to reach a wider audience!
"Any five-year old boy knows that if you put ten marbles into a tin can, you can only take ten marbles back out. Global bankers operate on the belief that they can put ten marbles (dollars) into a tin can (the world) and magically get 11 marbles back out. Thus, the bankers are dumber than five-year old boys! But unlike five-year old boys, the bankers will take your home, your business, and your nation when they don't get that eleventh marble! And after all that mayhem brought down on the occupants of the tin can there still will be no eleventh marble. It does not exist. It never did, and it never will. That is the ultimate doom of debt-based currency systems. In ages to come economists will look back at this failed experiment in debt-based currency and dump it into the same catagory of human stupidity as Tulipmania and the Great South Seas Company." -- Michael Rivero
Pennsylvania Democrat Sen. John Fetterman’s office released a statement on Thursday on his health as he remains hospitalized. The Democrats team said he’s “doing well” and is “expected” to return to the Senate chamber soon after being absent for nearly five weeks after he sought inpatient treatment for clinical depression.
“Fetterman, 53, was weeks into his service in Washington and still recovering from the aftereffects of the stroke he had last May during his campaign when he checked himself into Walter Reed National Military Medical Center on Feb. 15,” the Associated Press reported. “Aides said at the time that Fetterman had not been his usual self for weeks. He was withdrawn, showing disinterest in talking, eating, and the usual banter with aides. Post-stroke depression is common and treatable, doctors say.”
A group of Republicans in the House of Representatives are sending a letter to President Biden demanding an investigation into the Chinese Communist Party's position in the recently-collapsed Silicon Valley Bank.
The GOP lawmakers are seeking to clarify how federal efforts to restructure the bank could benefit CCP-backed companies with taxpayer funds, according to the letter obtained by Fox News Digital on Saturday.
"According to a recent report, a subsidiary branch of the Silicon Valley Bank, the SPD Silicon Valley Bank (SSVB) was a 50-50 joint venture between the Chinese Communist Party (CCP) state-owned Shanghai Pudong Development Bank and SVB Financial," the letter reads.
On March 17th, the International Criminal Court in Hague issued an arrest warrant for Vladimir Putin based on his so-called “war crimes.” This is the same criminal court that ignored Reiner Fuellmich’s open and shut case presenting all the evidence against the elites’ global conspiracy to commit a fake COVID pandemic to sinisterly induce panic in the world population in order to premeditatedly inject billions with bioweapon poisons proven to kill millions across the planet. Pretending to be blind to hardcore criminal evidence and then a year later falsely accuse Putin of war crimes when all along he is simply asserting his nation’s right to national sovereignty protecting his homeland’s national security is absurd.
It’s an insult to our intelligence to think this corrosively corrupt judicial body is even capable of fairly prosecuting any crimes when it ignores and shields known genocidal predators committing history’s most deadly crime against humanity ever perpetrated on this earth. On March 20th, in response to the ICC’s preposterous arrest warrant against Putin, Russia’s Investigative Committee launched a criminal countersuit against the ICC prosecutor that filed the bogus case and the three ICC judges that accepted to hear the case. As last week’s first shot across the bow against Russia, fast closing in on victory in Ukraine, it’s yet another politically motivated move out of sheer desperation in league with the West’s arrogance calling for regime change in Russia.
It’s been 30 years since the ATF-FBI siege on the Branch Davidian Compound in Waco, Texas in 1993.
The government siege led to a massacre of 76 people including 25 children.
The deadly assault on David Koresh’s Branch Davidian compound took place from February 28 through April 19, 1993, over suspected weapons violations. The ATF had attempted to raid the compound and a gun battle ensued, leaving four government agents and six Branch Davidians dead. For the next 50 days, the government would use psychological warfare, such as playing the sound of animals being slaughtered, until ultimately the compound was burned to the ground with nearly everyone still inside.
The siege ended with the massacre of 76 people.
On Friday fired FBI agent Peter Strzok posted a veiled death threat against President Trump just hours before his historic rally Saturday in Waco, Texas.
In a remarkable new development in the Doug Mackey “meme trial,” Mackey’s lawyers are calling for a mistrial on the basis of the government failing to disclose potentially exculpatory information to Mackey, as they are required by law under Brady v Maryland.
Mackey’s attorney wrote a letter that suggests the exculpatory information pertains to DOJ interviews with Hillary campaign staffers that were made available to Mackey’s defense mid trial.
Ron DeSantis’s response to a pending indictment of President Trump has, to say the least, left a lot of people disappointed.
While the Florida governor has accurately labeled Alvin Bragg’s planned prosecution as politically motivated, he’s also said he plans not to get involved in the matter, and has gone out of his way to snipe at Trump over the underlying causes of the case.
At this point, it’s obvious that DeSantis plans to challenge Trump for the Republican nomination in 2024, so some conflict between the two is inevitable. But it’s also disappointing, at a moment of profound crisis for the American republic, to see a muted reaction from one of the few men with the real power to do something about it.
Because Ron DeSantis can, in fact, do something, and Rep. Matt Gaetz is urging him to do it:
Gaetz’s proposal is straightforward, but dramatic: He is calling for Ron DeSantis to directly intervene in the case to prevent the extradition of Trump back to New York for trial.
Former Project Veritas head James O’Keefe is suggesting he has insiders on the grand jury reportedly considering indicting former President Donald Trump.
Trump has suggested he would be arrested this week. He is being probed by a Manhattan District Alvin Bragg over a payment made to adult actress Stormy Daniels during the 2016 election.
A grand jury is reportedly considering charges against Trump.
After an O’Keefe supporter wondered whether O’Keefe has someone on the inside, O’Keefe suggested there are multiple insiders.
You don’t need to get an economics degree from Princeton to understand economics. In fact, it will likely imbue you with a dangerous level of self-importance and indoctrinate you with dogmatically false concepts (see Princeton grad Jerome Powell who thinks destroying an economy solves inflation).
All you need to do is read my columns and watch my podcast and remember Rob’s Rules. For absolutely no charge I explain easy to remember rules based on the predicable activities of human nature. The foundation of the current “banking crisis” starts with understanding the Rob Is Right Rule of “Other People’s Money” and its “flip side” rule “You Fuc#ed Up, You Trusted Us” brilliantly articulated by Otter to Flounder in Animal House. Since they don’t teach these rules at Princeton, if you are a freshman, go ahead and drop out now, because you will never understand the way the world works without understanding the human elements associated with “property.” Have your parents put your yearly tuition into an investment account that I manage (for a fair and equitable fee of course). Then get a job selling vacuum cleaners door to door for four years. By the time your classmates graduate with their economics degree, you will know much more about economics and the world than they do.
It doesn’t seem that Joe Biden gets the memo. Despite all the damage he’s already done, he is hellbent on pushing every hair-brained socialist idea that the left gives him. Most of the time, he’s just trying to buy people’s votes. But what ends up happening is taxpayers–and working Americans–get the shaft.
One of Biden’s “brilliant” ideas was an obvious bribe to millions of Americans. He contradicted his previous statement to rush out this plan–just weeks before the midterm elections. The move has been halted by the courts and panned by most working folks. And now, Republicans in Congress are moving to shut it down for good.
From Daily Caller:
Republican Virginia Rep. Bob Good will introduce a Congressional Review Act resolution to roll back the Biden administration’s student loan forgiveness scheme…
The Supreme Court is currently hearing a challenge to the scheme, although some legal experts have suggested that the plaintiffs do not have standing to challenge it…
Three Republican senators introduced a companion resolution to Good’s on March 17.
In a move to preserve its very existence, National Public Radio cut four of its major podcasts and 10% of its workforce on Thursday, a major reduction not seen since 2008.
The reasoning behind the decision seems to be a drop in ad revenue from the podcasts “Invisibilia,” “Louder Than a Riot,” “Everyone and Their Mom,” and “Rough Translation.”
“We literally are fighting to secure the future of NPR at this very moment by restructuring our cost structure. It‘’s that important. It’s existential,” NPR chief executive John Lansing stated in an interview.
“The layoffs will affect employees who work behind the scenes to produce shows, podcasts, design visual elements, and conduct audience research. The layoffs are done to preserve NPR’s core ‘public service mission,’” Lansing lamented.
The US banking system is broken. That doesn’t portend more high-profile failures like Credit Suisse. The central banks will keep moribund institutions on life support.
But the era of dollar-based reserves and floating exchange rates that began on August 15, 1971, when the US severed the link between the dollar and gold, is coming to an end. The pain will be transferred from the banks to the real economy, which will starve for credit.
And the geopolitical consequences will be enormous. The seize-up of dollar credit will accelerate the shift to a multipolar reserve system, with advantage to China’s RMB as a competitor to the dollar.
Gold, the “barbarous relic” abhorred by John Maynard Keynes, will play a bigger role because the dollar banking system is dysfunctional, and no other currency—surely not the tightly-controlled RMB—can replace it. Now at an all-time record price of US$2,000 an ounce, gold is likely to rise further.
The German Chancellor Olaf Scholz has called this moment a “historic turning point.” In Japan, a famous comedian named Tamori coined the (somewhat obscure) phrase “new prewar,” and it has been widely used to say much the same thing: That Russia’s invasion of Ukraine has forced both countries to take their own military preparedness more seriously.
In February last year, Mr. Scholz promised to use a fund of 100 billion Euros to strengthen Germany’s neglected military forces and to push Germany’s military budget over the 2% of GDP required by NATO. Japan’s Prime Minister Fumio Kishida paid a surprise visit to Ukraine this week, the first time a Japanese prime minister had set foot in a country at war. Though still constrained by the pacifist constitution drawn up after World War II by American jurists, Mr. Kishida has vowed to boost defense spending by 50% over the next five years and to acquire missiles that could strike enemy targets if Japan were attacked.
Multiple tornadoes have ripped through Mississippi leaving a trail of destruction in its wake - killing at least 23 people, while 4 people remain missing.
At least 11 tornadoes tracking at 80mph, with one stretching at least one mile wide, were recorded Friday night.
They obliterated neighborhoods, ripped roofs off homes and downed power lines - leaving victims trapped under rubble and thousands without power.
Following a drone strike by Iranian forces that killed one American contractor and wounded five U.S. service members and another contractor, the U.S. military retaliated by conducting multiple precision airstrikes in Syria on Thursday.
The Pentagon confirmed that the UAV that crashed into the coalition base was of Iranian origin, prompting the President to authorize a proportional and deliberate response that limited the risk of escalation.
Secretary of Defense Lloyd J. Austin III said, "At the direction of President Biden, I authorized U.S. Central Command forces to conduct precision airstrikes tonight in eastern Syria against facilities used by groups affiliated with Iran’s Islamic Revolutionary Guards Corps (IRGC)."
On CNN March 14, Roger Altman, a former deputy Treasury secretary in the Clinton administration, said that American banks were on the verge of being nationalized:
What the authorities did over the weekend was absolutely profound. They guaranteed the deposits, all of them, at Silicon Valley Bank. What that really means … is that they have guaranteed the entire deposit base of the U.S. financial system. The entire deposit base. Why? Because you can’t guarantee all the deposits in Silicon Valley Bank and then the next day say to the depositors, say, at First Republic, sorry, yours aren’t guaranteed. Of course they are.
… So this is a breathtaking step which effectively nationalizes or federalizes the deposit base of the U.S. financial system.
The deposit base of the financial system has not actually been nationalized, but Congress is considering modifications to the FDIC insurance limit. Meanwhile, one state that does not face those problems is North Dakota, where its state-owned bank acts as a “mini-Fed” for the state. But first, a closer look at the issues.
Bail In, Bail Out, or “Socialism for the Rich”?
Addressing a ceremony at the Daejeon national cemetery to commemorate the anniversary of West Sea Defense Day, Yoon declared that South Korea would "drastically strengthen our three-axis system in the face of North Korea's nuclear and missile advancements and provocations and will further solidify security cooperation with the United States and also trilaterally with the United States and Japan." His remarks followed North Korea's claim that it had successfully simulated cruise missile attacks and an underwater nuclear drone launch.
Valerie Plame Wilson landed herself in hot social media water when she tweeted out a link to a story titled "America's Jews Are Driving America's Wars" on Thursday without any commentary to explain why she was sharing it.
The article, published in The Unz Review, was published Tuesday by Philip Giraldi, a former CIA case officer and Army intelligence officer. Subtitled "Shouldn't they recuse themselves when dealing with the Middle East?," Giraldi argued that American Jews are pushing for war in the Middle East and pointed to Iran in particular, which he said "does not conceivably threaten the United States."
American Jews, according to Giraldi, are faking the threat and dragging politicians and the media down with them. American Jews with an attachment to Israel, he added, should not be allowed anywhere near positions where they might deal with Middle East policy because it would be a "conflict of interest."
The Wagner PMC which is fighting for the city of Bakhmut warned that the Armed Forces of Ukraine (AFU) have trained about 200 thousand reservists and received a large amount of military equipment from NATO. The Ukrainian military is expected to attempt large-scaled offensive operations on the Donbass front lines, including in Bakhmut. The head of the Wagner PMC Yevgeny Prigozhin urged the Russian Defense Ministry to join forces, because the “Bakhmut meat grinder” can only work well in case of full cooperation.
“Ukrainians have received a large number, a very large number of various NATO equipment, various armored vehicles, tanks, Leopards, <…> and have prepared reserves of about 200 thousand people,” Prigozhin said.
According to Yevgeny Prigozhinm, up to 80,000 Ukrainian servicemen are concentrated in the Bakhmut region, including in Konstantinovka, Sloviansk, Kramatorsk, Chasov Yar, Seversk and Druzhkivka.
US weapons abroad are being relocated in line with Washington’s new strategic priorities. According to recent reports, the US will send old and outdated attack aircraft to the Middle East, replacing the modern and advanced aircraft that are currently stationed in the region. The goal is to transfer the most efficient military equipment to Europe and the Pacific, where it can eventually be used against Russian and Chinese forces – which are currently the main concerns for the US government.
The data was shared in an article published by the Wall Street Journal (WSJ) on March 21. According to information obtained by the authors, there is a plan to redistribute the planes in April. It is planned that aircraft of the type A-10, an older and less efficient model, will be sent to American bases in the Middle East. WSJ sources inform that the Pentagon considers such planes to be strong enough to protect US interests in the Middle East, therefore there is no need for more modern and equipped jets.
“The imperative is to get the most suitable aircraft to the Pacific for the higher threat challenges (…) The A-10 is still relevant to the mission CENTCOM (United States Central Command) flies over the Middle East”, Larry Stutzriem, a retired Air Force major general, told WSJ.
More than a dozen state financial officers are writing to JPMorgan Chase CEO Jamie Dimon to call on the bank to root out any internal political or anti-religious bias that may result in adverse decisions against clients of the nation’s largest bank.
The letter addressed to Dimon was signed by a group of 14 Republican state auditors, controllers, and treasurers who wrote to "convey our concern that the bank is engaged in what appears to be politically motivated de-banking of certain industries, individuals, and groups."
"In light of this concern, we urge Chase to immediately take steps to identify and address internal drivers of political or anti-religious bias that could undermine its fiduciary obligations and impair the freedom of its customers to access financial services without fear of discrimination," the group wrote.