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"In times of war, the law falls silent." -- Cicero
While Susan Duclos had warned on Sunday that 'Black Monday' could be a wipeout for countless people across the planet as the Silicon Valley Bank collapse worked its way into being the 2nd biggest banking collapse in US history, we've got to take another look at that still breaking story from different angles, with both that story over at Coin Telegraph which reporting on how the Silicon Valley Bank failure is urging regulators to step in due to claims that nearly 40,000 of all depositors at Silicon Valley Bank are small businesses and how these bank runs are being used to lead to the 'new world order' and 'great reset.'
With that Coin Telegraph story warning that Federal Reserve and Federal Deposit Insurance Corporation (FDIC) decisions concerning the future of Silicon Valley Bank (SVB) may affect regional banks across the United States, putting trillions of dollars at risk of a bank run, keep in mind that YOUR MONEY and the 'American taxpayer dollar' will be used by the govt when they 'move' to 'stop' this financial crisis, proving the overall point of Susan's March 12th story, once you deposit that money in the bank, it's no longer yours.
As the former Bridgewater executive and the CEO of investment firm Unlimited Bob Elliot expressed in a twitter thread on March 11th as was reported in this Coin Unlimited story, nearly a third of deposits in the United States are held in small banks, and a whopping 50% are uninsured.
“The FDIC insures small deposits in all the banks in the US, but that only covers about 9tln of the nearly 17tln of outstanding deposit base. [...] Under the hood the coverage rate is roughly 50% across most institutions while credit unions are higher (not above).“
When most Americans think of “bread lines” and “soup kitchens” they picture only the poorest of people who are jobless, homeless, and dying from starvation. Now, in America, many of those people waiting in long food lines were recently hard-working homeowners with stocked pantries, but things have quickly changed, thanks to the ruling Democrats in Washington DC. Yes, the scamdemic (pandemic) benefits have come to an end, and the “state of emergency” funds have dried up, along with food supplies, employment, and low interest rates.
The Covid food benefit is over. The “free” money from the Biden Regime is now all going to the Nazi-sympathizing Ukraine dictatorship. Democrat handouts for buying street drugs is gone. People across America are waiting up to 9 hours in mile-long lines just to get a free meal (sometimes cookies and potato chips with zero nutritional value) once per day. Millions of Democrats are now saying that their own government is trying to starve them out and kill them.
Sea of despair and hardship sweeping across the United States as the Biden Regime cripples the food supply and sends all our money to Nazi-loving Ukraine
Even though the Ukrainian army fought along side the Nazis in WWII, the corrupt and communist-led Biden Regime would rather send all our tax-payer money to them, then to support Americans in their time of need. The federal government of America now loves Nazis and hates Americans. Save Ukraine, they declare, while letting our Republic sink like the Titanic.
Another week, another round of bad news for CNN and the struggling network.
Fox News hosts continue to not only beat out their cable news rivals but also dominate them in terms of ratings and viewers. On Friday, for example, a handful of Fox News hosts all brought in more total viewers than CNN’s Anderson Cooper.
“Anderson Cooper 360” brought in 535,000 total viewers on Friday night, according to Mediaite.
For comparison, Tucker Carlson brought in 3.289 million total viewers; Sean Hannity had 2.582 million; Laura Ingraham has 1.928 million; Jesse Watters brought in 2.634 million; and Bret Baier secured 2.284 million. All five Fox News hosts, who lead shows in different time slots, brought in at least four times the number of total viewers as Cooper.
Pfizer is said to be investing approximately $43 billion to advance its research into new cancer medicines that target tumor cells while protecting surrounding healthy tissue.
On Monday, Pfizer declared that it would buy each share of Seagen Inc. for $229 in cash. Then, according to Pfizer Chairman and CEO Albert Bourla, the biotech medication researcher will be allowed to “continue developing,” albeit with more resources than it would have had on its own.
“We think this really changes dramatically the oncology presence of Pfizer, makes it one of a kind,” Bourla said.
Seagen Inc., situated in Bothell, Washington, specializes in working with the antibody-drug conjugate (ADC) technology. Monoclonal antibodies, a class of proteins created in labs, are used in its main products to target cancer cells and deliver cancer-curing medications while preserving healthy tissue.
An investigation by El Universal found that between the years 2000 and 2012, the U.S. government had an arrangement with Mexico's Sinaloa drug cartel that allowed the organization to smuggle billions of dollars of drugs while Sinaloa provided information on rival cartels.
Sinaloa, led by Joaquin "El Chapo" Guzman, supplies 80% of the drugs entering the Chicago area and has a presence in cities across the U.S.
There have long been allegations that Guzman, considered to be "the world’s most powerful drug trafficker," coordinates with American authorities.
But the El Universal investigation is the first to publish court documents that include corroborating testimony from a DEA agent and a Justice Department official.
Wild and unsubstantiated allegations made in a hearing last week that dozens of elected officials, including state lawmakers, are secretly on the payroll of a Mexican drug cartel have roiled the legislature.
While top Republicans have denounced the allegations as “disgraceful” and an “embarrassment,” no one is taking responsibility. Instead, leaders are blaming each other and a freshman GOP legislator who supposedly organized the day’s agenda.
Senate President Warren Peterson said that the day-long joint hearing of the House and Senate election committees on Feb. 23 was the work of Rep. Liz Harris, a freshman Republican and prominent election conspiracy theorist who has deep ties to QAnon. The joint hearing was requested by both Harris and House Speaker Ben Toma, he said.
The Senate, Petersen said, was unaware that the final speaker of the day would allege that Gov. Katie Hobbs, several Maricopa County Supervisors, a dozen Maricopa County Superior Court judges and the mayor of Mesa were taking bribes from the Sinaloa drug cartel in the form of money laundered through a housing deed scam. Nor did they know she would accuse the lawmakers listening to her of being in on the scam.
Judicial Watch today announced that a court hearing was held (audio) in the U.S. Court of Appeals for the DC Circuit on Friday, March 10, 2023, in the Freedom of Information Act (FOIA) lawsuit against the U.S. Department of Justice for records of communication between the Federal Bureau of Investigation (FBI) and several financial institutions about the reported transfer of financial transactions made by people in DC, Maryland and Virginia on January 5 and January 6, 2021(Judicial Watch v. U.S. Department of Justice (No. 1:21-cv-01216)).
The appeal was heard by a three-judge panel: Circuit Judge Wilkins, and Senior Circuit Judges Rogers and Tatel. An audio of this morning’s hearing can be found here: https://www.youtube.com/live/Hfa6qg4SEyA
Judicial Watch filed its appeal in November 2022, challenging a U.S. District Court for the District of Columbia decision allowing the FBI to withhold records of communication between the Federal Bureau of Investigation (FBI) and several financial institutions about the reported transfer of the financial transaction records.
Back in September, I laid out the math that showed why the Fed would fold and laid out a series of risks that may cause such an event. One of those risks was “What if the financial markets freeze because there is a credit event somewhere?”.
Well, that just happened. Silicon Valley Bank (SVB) and now Signature Bank has collapsed. Sure enough, the Fed folded within 48 hours. They stood with the Treasury and FDIC and explained how they are stepping in to prevent systemic risks from spreading. They have established a new Bank Term Funding Program (BTFB) to allow banks to borrow billions and blah blah… Sure, okay. Everything is now fine, right?
Nope, sorry, it’s not. SVB is just the latest domino. The dominos have been moving down the risk curve. It started in Crypto with Three Arrows Capital and Luna. Then FTX was exposed for being a fraud. We were told these issues were contained. And they were! SVB didn’t collapse because of FTX contagion or anything related to Crypto. It collapsed all on its own because it was the next step along the risk curve. Let’s do a quick replay…
SVB gets tons of cash and capital all through 2021. They have so much cash they don’t have anywhere to put it. They could go into Treasury Bills, but that was yielding 0.25%, so they decide to take a bit more risk. They buy longer-dated treasuries to get more yield. NOT Bitcoin, NOT high-risk stocks. They bought some of the safest securities you can buy… US Treasuries. The mistake they made was forgetting to hedge their interest rate exposure… whoopsie.
US President Joe Biden pledged on Monday to do whatever was needed to address a banking crisis threatened by the collapses of Silicon Valley Bank and Signature Bank which forced regulators to step in with emergency measures.
Biden's address came after weekend moves by the United States to guarantee deposits at collapsed tech-focused lender SVB failed to reassure investors about the health of other banks around the world.
Europe's STOXX banking index fell 5.8% on Monday and was on track for its biggest two-day fall since March 2022, soon after Russia invaded Ukraine. Germany's Commerzbank fell as much as 12.7%, while Credit Suisse hit a new record low after falling more than 15%.
This month, ICAN’s attorneys reviewed a startling 2,237-page report from June 2020 (amended in September 2020) that Pfizer submitted to the FDA concerning its mRNA COVID-19 vaccine.
The study looked at the toxicity of Pfizer’s vaccine using four different doses (including the one eventually authorized for emergency use, BNT162b2) and involved 255 rats (219 received vaccine, 36 received control) for a test period of 10 to 17 days with “3 additional weeks for the animals scheduled for the recovery period.”
One would imagine that, since the vaccine was authorized, approved, and injected into millions, the rats did not experience any negative health effects. Sadly, that is not the case.
While the Pfizer claims in the report that the rats tolerated the vaccines “without evidence of systemic toxicity,” its detailed findings indicate that was anything but the truth, as the following issues in major organs groups were observed:
Enlarged adrenal glands
Enlarged lymph nodes
Kidney and liver congestion
Increased fibrinogen concentration
All of these issues clearly show effects beyond the injection site. Of particular concern is the increased fibrinogen concentration; fibrinogen is made in your liver and helps your blood clot. Increased fibrinogen is associated with blood clotting, heart disease, blood vessel dysfunction, and stroke. These issues were also seen with the dose level that was eventually licensed.
Depending on which side of the climate situation you stand, you’ll view President Biden’s action as either “protecting” 16 million acres or “blocking” 16 million acres.
You’ll find headlines of either stance all over the internet following the announcement that his administration is indefinitely blocking 16 million acres of federal land and water in Alaska from future fossil fuel drilling.
The Department of Interior (DOI) set out to make rules related to 13 million acres of land that was side aside by Congress for resource development.
The DOI wanted to “establish maximum protection” for the land across the National Petroleum Reserve (NPR) located in North Slope Borough, Alaska.