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In the first - but certainly not last - major shake up at a key US financial regulator under the Biden admin, Federal Deposit Insurance Corp. Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at the agency and lawmakers of both parties berated his leadership, capping a nearly two-decade career at the agency.

In a press release, Gruenberg said he would resign once a successor had been confirmed, avoiding an outcome that would leave FDIC Vice Chairman Travis Hill, a Republican, as the agency’s acting chairman. Hill is a former staffer at the agency who has served on the five-member board for about a year.

"It has been my honor to serve at the FDIC as Chairman, Vice Chairman, and Director since August of 2005", Gruenberg wrote. "Throughout that time I have faithfully carried out the critically important mission of the FDIC to maintain public confidence and stability in the banking system. In light of recent events, I am prepared to step down from my responsibilities once a successor is confirmed. Until that time, I will continue to fulfill my responsibilities as Chairman of the FDIC, including the transformation of the FDIC’s workplace culture."

Tags: CURRENT EVENTS
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What is going on with our justice system?

David DePape, the man who attacked Nancy Pelosi’s husband Paul has already faced a trial, was convicted, and sentenced to 30 years in jail. His crime took place in October of 2022.

Meanwhile, Nicholas Roske, who showed up at the home of U.S. Supreme Court Justice Brett Kavanaugh with a gun and other dangerous items with the intention of killing him, has not even gone on trial yet. And his crime happened months before the attack on Paul Pelosi!

 

 

Tags: POLITICS/ ELECTIONS/ CORRUPTION
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The assassination attempt on Slovak Prime Minister Robert Fico has sent geopolitical ripples across Europe and the world, as the populist leader represented a new force that challenged mainstream EU and NATO views on Ukraine and a whole host of other issues.

Now, it is reported that the suspect in his shooting an may not have been just a ‘lone wolf’ as previously believed.

The Slovakian interior minister stated as much, as their security services try to clarify the circumstances of the attack.

Fico is reportedly no longer in immediate danger but his condition is still very serious.

The five shots that hit him marked the first major assassination attempt on a European political leader in more than 20 years.

Reuters reported:

“Interior Minister Matus Sutaj Estok said an investigation team had been set up, which would also look into whether the suspect acted as part of a group of people that had been encouraging each other to carry out an assassination.

One factor suggesting the involvement of other persons was that the suspect’s internet communications were deleted two hours after the assassination attempt, but not by the suspect and most likely not by his wife, Estok said. This indicated ‘the crime may have been committed by a certain group of people’, Estok told a news conference.”

Tags: ASSASSINATION, EUROPE
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DEI has been commonly referred to as a “scam” by some, but this takes it to a new level. Recently, Barbara Furlow-Smiles of Georgia, was fired by Facebook and then went to go on to work at Nike — all while enriching herself to the tune of $5 million by facilitating bogus DEI initiatives with her friends, who she would then receive kickbacks from. This debacle raises the question — how much more is this happening?

Tags: CURRENT EVENTS, POLITICS/ ELECTIONS/ CORRUPTION
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Israeli Defense Minister Yoav Gallant made clear to US National Security Advisor Jake Sullivan in a meeting in Israel on Monday that Israel will escalate in Rafah despite the White House’s supposed objection to a major military operation in the city.

“We are committed to broadening the ground operation in Rafah to the end of dismantling Hamas and recovering the hostages,” Gallant told Sullivan, according to a statement from the Israeli minister’s office.

President Biden has threatened consequences for Israel if it launched a major attack on “population centers” in Rafah, but he has not taken action as Israel continues to escalate its operations in the city.

Tags: ISRAEL, PALESTINE, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE
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Ukrainian President Volodomyr Zelenky’s term expired on Monday, but he will remain in power since presidential elections scheduled in March were canceled due to martial law imposed since Russia invaded in February 2022.

While framing the proxy war in Ukraine as a battle for democracy, the US has backed Zelensky’s decision not to hold elections. Secretary of State Antony Blinken visited Ukraine last week and claimed the US helped build “democratic pillars,” including “free and fair elections,” but said a vote could only happen once “conditions” are right.

Zelensky also canceled parliamentary elections that were supposed to be held last October. To justify the decision, Ukrainian officials have pointed to Ukraine’s constitution, which says elections can’t be held under martial law. But Zelensky previously made it clear that he could have held elections if he wanted.

Webmaster addition: Zelensky is now a dictator.

Tags: DICTATORSHIP, POLITICS/ ELECTIONS/ CORRUPTION, RUSSIA/ UKRAINE /BELARUS /CRIMEA
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Few Navy officers entangled themselves in the Fat Leonard corruption scandal more than Steve Shedd. In court documents and testimony, the former warship captain confessed to leaking military secrets on 10 occasions for prostitutes, vacations, luxury watches and other bribes worth $105,000.

On the witness stand in a related case in 2022, Shedd also admitted that he had lied repeatedly to federal agents and betrayed his oath to defend the Constitution.

“You’re a traitor to the United States, aren’t you?” attorney Joseph Mancano asked the Naval Academy graduate.

“Yes, sir,” Shedd replied, acknowledging that he was “a disgrace” who “deserves prison.”

Yet because of mistakes by the Justice Department, Shedd might avoid punishment for his crimes.

Tags: COVER-UP/ DECEPTIONS/ PROPAGANDA, POLITICS/ ELECTIONS/ CORRUPTION
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Despite finally achieving full-rate production in March 2024, the US Air Force’s F-35 program should brace for further delays stemming from the late arrival of key aircraft components.

The US Government Accountability Office (GAO) stated this after conducting a comprehensive study on the production issues plaguing the program.

According to the watchdog, F-35 engine contractor Pratt & Whitney did not deliver any engines on time last year and was more than two months late on average.

The delay was blamed on quality issues discovered with some engine parts, which resulted in failure to meet requirements during testing.

Tags: WAR/DRAFT/ VETERAN AFFAIRS
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A group of state-level lawmakers in New York have resubmitted a piece of legislation that would bar any charities in the state from sending tax-deductible money to Israeli settlers and Israeli military units in Gaza.

The Not On Our Dime! Act, reintroduced on Monday by New York assembly member Zohran Mamdani and Senator Jabari Brisport, comes in light of reporting from late last year that US residents have been able to raise funds for Israeli military units involved in the war on Gaza, as well as settler groups operating in the occupied West Bank.

The legislation, first introduced last year, would give the state attorney general the authority to sue and dissolve not-for-profit organisations that are found to be using their tax-deductible donations to support organisations funding Israeli settlements in the occupied West Bank which are illegal under international law.

Tags: ISRAEL, PALESTINE
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During the summer of protests that followed the Minneapolis police murder of George Floyd in May 2020, journalists and readers alike began taking a hard look at how much news reporting relied on police sources. In particular, the standard use of “police said” articles—where the main or only source of information came from law enforcement—was leading the media to publish information that was outright wrong.

In their first media statement on Floyd’s death, Minneapolis police claimed that officers had observed Floyd “suffering medical distress and called for an ambulance”; it was only when cellphone video emerged that it was reported that police were in fact kneeling on Floyd’s neck at the time (NBC News, 5/26/20).  To many, it was all too familiar a pattern: Five years earlier, the Baltimore Sun (4/24/15) had based its reporting on the police killing of Freddie Gray almost entirely on official police statements, downplaying eyewitness reports that officers had thrown Gray headfirst into a van shortly before he died of neck injuries.

“What the police tell you initially is a rumor,” Mel Reeves, an editor at the then-86-year-old African-American newspaper the Minnesota Spokesman-Recorder told the Washington Post (6/30/20). “And a lot of the times it’s not accurate.” CNN (6/6/20), in a report on how camera footage often ended up disproving police claims, went further: “Videos from several recent incidents, and countless others from over the years, have shown what many Black Americans have long maintained: that police officers lie.”

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, ISRAEL, PALESTINE, PROTESTS/ REVOLUTION, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS
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Authored by Emel Akan via The Epoch Times 

Monica Lomax, a 59-year-old resident of Elkridge, Maryland, has been feeling the pinch of rising costs.

She’s had to tighten her budget, especially for groceries and clothing. Now, her shopping trips are primarily for essentials, a necessary adjustment in her life to manage the financial squeeze.

I was thinking about purchasing or downsizing into another home. But because the interest rates are still high, I’ve put that off,” she told The Epoch Times.

Many Americans like Ms. Lomax are putting off major life plans due to high inflation. Moving to a new home, buying new furniture, or booking a vacation now seem like distant dreams.

(Illustration by The Epoch Times, Getty Images, Madalina Vasiliu/The Epoch Times, Chung I Ho/The Epoch Times)

While some cling to the hope that things will eventually go back to normal, others fear that high inflation is here to stay.

Susan Garland, 47, from Elkridge, Maryland, believes inflation remains one of the top issues facing the country.

“We are definitely feeling it. We’re a two-person family. Our grocery bill is now over $100 a week,” she told The Epoch Times.

For more than 10 years, the Garlands’ grocery bills used to be roughly $70 per week—before high inflation hit, she noted. She and her husband have had to cut back on spending on everything, from vacations to eating out.

Her husband, plumber Michael Garland, 53, says homeowners are also reducing their spending on services, which has a direct impact on his income.

“If they can’t afford services, they won’t call me, which affects my job,” he said.

The annual inflation rate has significantly dropped from its peak of 9.1 percent in June 2022 to 3.4 percent in April this year. However, it’s still above the Federal Reserve’s 2 percent target rate. Some economists are cautioning that high inflation might be the new normal and are advising Americans to brace themselves for this reality.

Plumber Michael Garland, 53, and Susan Garland, 47, a medical coding expert, after voting in the primary election in Elkridge, Md., on May 14, 2024. (Madalina Vasiliu/The Epoch Times)

Dipping Into Retirement

Adding to the financial woes, an increasing number of Americans are being forced to tap into their 401(k) savings early to cover emergencies and basic expenses.

Internal data from investment firm The Vanguard Group revealed that 3.6 percent of its participants made a “hardship withdrawal” last year, up from 2.8 percent in 2022.

This issue is particularly serious for retirees, as they face the risk of depleting their savings.

“While we are generally very frugal, it appears our efforts are not enough,” KT Hundsen from Minneapolis told The Epoch Times.

“I have noticed that my husband has cashed out several times, either bonds or stocks, in $10,000 amounts, to be able to pay our usual bills,” she said.

She and her husband are finding ways to reduce expenses by trimming their budget on clothing and furnishings, while also growing more plants and flowers from seeds in their garden.

We eat out once or twice a month with the grandkids, but instead of dinner, we go for breakfast, which is less costly,” she said.

Retirees rely on a fixed income from their pension plans or Social Security checks, and inflation is gradually depleting their investments and emergency reserves. In a recent report, Boston College projects that middle-income retirees will see a 14.2 percent decline in their financial wealth between 2021 and 2025 due to inflation.

Dennis O'Connor, an 84-year-old retiree from Temecula, Calif., says it’s harder for retirees to adjust their spending to cope with inflation.

“Personally, like most seniors, we have had to adjust not only our current spending but also our spending for a very unpredictable future,” Mr. O'Connor told The Epoch Times.

Tags: CORPORATE MEDIA, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, ECONOMY
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The Navy’s ongoing struggle to meet recruitment missions and the Marine Corps’ growing concerns over the shrinking pool of possible enlistees topped a Senate panel’s hearing on personnel issues facing the sea services last week.

The Navy predicts it will be 6,200 enlistees short of its 40,600 recruiting goal for Fiscal Year 2024, Vice Adm. Richard Cheeseman testified. Despite the likelihood of missing the goal, Cheeseman said the Navy is doing “significantly better than what we expected in the beginning of the fiscal year.” Earlier estimates by Navy civilian and uniform officials had the service missing mission by 6,700 enlistees.

“While I remain confident, I must acknowledge that these challenges exacerbate fleet manning shortages, putting additional stress on our force, which could negatively affect readiness and potentially impact future retention, in an environment where retention is ever important,” Cheeseman said in his written statement to the Senate Armed Services personnel subcommittee.

Tags: WAR/DRAFT/ VETERAN AFFAIRS
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Richie Allen: They will say, where’s the proof and where’s the motivation? What do we have to gain by killing the Iranian president? What would they gain?

Kevin Barrett: Well, they’re extremely desperate right now. Their genocide in Gaza is getting them nowhere. They’ve fallen into a trap of their own making through the crazed rage that was their response to the very successful raid by Hamas on October 7th. And so they’ve been busily slaughtering women and children ever since, but they’re still losing the military fight. And the world has turned against them. Netanyahu in particular and his faction will only stay in power if they can keep this war getting bigger and bigger and bigger.

And Iran is their major adversary. They’ve been trying to drag the United States into an all-out war with Iran since 9/11, which was designed to take out seven countries in five years. And by far the most important was number seven, Iran. And they tried everything from stealing American nuclear weapons with the complicity of then Vice President Dick Cheney towards the end of the Bush-Cheney regime—They’ve tried everything in the book.

And now Netanyahu and his friends are going down. They need to turn this into World War III. They need to drag the U.S. into their war against Iran. And by murdering the Iranian president, they guarantee that Iran, once it determines that that’s what happened, is going to have to retaliate. And that, of course, could be spun as the provocation that leads to the war.

Tags: ASSASSINATION, IRAN, ISRAEL
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After two years of being on the receiving end of a weaponized global reserve currency, getting booted from SWIFT, countless (toothless) sanctions and watching some $350 billion of its assets be frozen and soon confiscated, Moscow has had enough, and over the weekend the FT reported that a St Petersburg court seized around €800 million worth of assets belonging to three western banks - Deutsche Bank, Commerzbank and UniCredit.

The seizure marks one of the largest moves against western lenders since Moscow’s invasion of Ukraine prompted most international lenders to withdraw or wind down their businesses in Russia. It comes after the ECB told Eurozone lenders with operations in the country to speed up their exit plans.

According to court documents, the court seized €463 million-worth of assets belonging to Italy’s UniCredit, equivalent to about 4.5% of its assets in the country, according to the latest financial statement from the bank’s main Russian subsidiary.

Frozen assets include shares in subsidiaries of UniCredit in Russia as well as stocks and funds it owned, according to the court decision that was dated May 16 and was published in the Russian registrar on Friday.

Tags: ECONOMY, RUSSIA/ UKRAINE /BELARUS /CRIMEA, WAR/DRAFT/ VETERAN AFFAIRS
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by Tyler Durden
 

The Slovak police are investigating a possible broader criminal conspiracy surrounding the May 15 attempted assassination of Prime Minister Robert Fico.

He was shot multiple times, and has survived his wounds, by what authorities initially said was a "lone-wolf" shooter who was immediately taken into custody. That official narrative appears to quickly be shifting, however.

Europe's most 'controversial' national leaders: Robert Fico and his ally and friend Viktor Orbán in Budapest.

The 71-year old attacker fired five shots while Fico greeted supporters in the street outside a government building, sustaining life-threatening injuries.

Deputy Prime Minister Robert Kalinak announced over the weekend of Fico, "He has emerged from the immediate threat to his life, but his condition remains serious and he requires intensive care."

"We can consider his condition stable with a positive prognosis," Kalinak said outside the hospital where the prime minister is expected to remain likely for an extended period of time. "We all feel a bit more relaxed now."

Concerning the shooter's motives, Interior Minister Matus Sutaj Estok has said in a fresh briefing that "the suspect was angered by the government’s Ukraine policy" and that he may not have been a lone wolf. According to Bloomberg:

On Sunday, authorities said that cooperation with domestic and foreign intelligence services had led to a broadening of the probe, to include a version in which a group - which wasn’t identified - may have been linked to the crime.

According to more details from Estok, "A potential broader assassination plot is supported by the fact that the assailant’s social media communications were erased by another person about two hours after the shooting."

The Interior Minister explained, "we added a version that it wasn’t only a lone-wolf attacker, but that the crime may have been conducted by a certain group of people."

There hasn't been an assassination attempt on a head of state in Europe for some two decades, international reports have underscored. 

Fico had long been outspoken against deepening Western involvement in the Ukraine war, for which he's made many enemies and critics among Western allies, and of course within Ukraine itself.

For example, here's how CNN last October described his ascendancy to prime minister and leader of the small NATO member state... "A party headed by a pro-Kremlin figure came out top after securing more votes than expected in an election in Slovakia, official results show, in what could pose a challenge to NATO and EU unity on Ukraine."

While in the hospital fighting for his life, Fico's top officials have at times lashed out at Western media, telling reporters to 'reflect' on the way they cover the populist prime minister and his policies. 

One does have to wonder;  a lot of things have been going rather badly for certain heads of state. recently.

Coincidence?!?  Possibly.  A real "force for assassination" of people who don't buy the "Great Reset" lie?  Also, possibly.

Tags: ASSASSINATION, COVER-UP/ DECEPTIONS/ PROPAGANDA, CURRENT EVENTS, DICTATORSHIP, ECONOMY, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE, WMD
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The Grayzone's Max Blumenthal and Aaron Mate discuss the meltdown by Alex Karp, the CEO of the private spying firm, Palantir, at a recent DC gathering of spooks, over the wave of student protests against the US-backed destruction of Gaza.

Tags: ISRAEL, PALESTINE, PROTESTS/ REVOLUTION, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS
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Webmaster addition: "Palestine was hardly Britain's to give away." -- John F. Kennedy

Tags: GREAT BRITAIN/ UK, HIDDEN HISTORY, ISRAEL, PALESTINE
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BlackRock investment firm writes the regulatory and economic policy for Joe Biden’s administration. That’s the quid-pro-quo that maintains the Biden political financial operation. All of DC know it. No one does not know. The ones who claim they do not know about it are all pretending. Republicans take the background BlackRock bribes and pretend.

BlackRock positioned massive investment assets inside Chinese auto manufacturers, MG, BYD, and Chery. The three Chinese companies are in the process of moving North American auto manufacturing to Mexico, specifically to make EVs. The Chinese EVs made in Mexico will come into the U.S market tariff free under the USMCA trade agreement. China and BlackRock will make billions.

Today, Joe Biden announced a series of tariffs against China in the EV industry. [SEE HERE] The Chinese EVs are not being made in China. The tariff regime is a farce – a total joke.

Tags: CHINA/TAIWAN, ECONOMY, WHITE HOUSE
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Another day, another indication of what a spectacular, snakebit clusterf**k the F-35 program is. 

The latest blotter entry comes to us from the US Government Accounting Office (GAO), via a new report pointedly titled "F-35 Joint Strike Fighter: Program Continues to Encounter Production Issues and Modernization Delays."According to GAO, Lockheed Martin is running out of parking space for all the completed F-35s that the Pentagon refuses to accept. 

These aren't one-by-one rejects. Last summer, the DOD put a complete freeze on accepting the stealth fighters until Lockheed fixed huge hardware and software problems associated with "Technology Refresh-3" (TR-3), a $1.8 billion package intended to expand the planes' capabilities.  

Webmaster addition: 

Tags: WAR/DRAFT/ VETERAN AFFAIRS
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Having prevented the UN Security Council from adopting Russia’s draft resolution, the West has confirmed its intention to continue militarizing space, Russian Permanent Representative to the UN Vasily Nebenzia said at a meeting of the Security Council.

Earlier, due to the position of Western countries, the UN Security Council did not adopt Russia's resolution on preventing an arms race in space. Russia, China, Algeria, Guyana, Ecuador, Mozambique, Sierra Leone voted in favor of the resolution. Switzerland abstained. The United States, France, Britain, Japan, Slovenia, the Republic of Korea, and Malta voted against.

Nebenzia pointed out how just in April, the US and its allies in the UNSC were fervently assuring everyone of their dedication to maintaining peace in space.

“Today, after they confirmed their real intentions to continue militarizing space and creating corresponding weapons, their attempts to justify their actions by the alleged non-consensual nature of our project look especially cynical and hypocritical,” Nebenzya said.

Webmaster addition: I am old enough to remember the Strategic Defense Initiative, nicknamed Star Wars. This was a program launched by Reagan to build a system in space to intercept incoming missiles. It was a costly failure, and it looks like the US is going to repeat that!

Tags: WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE
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US lawmakers are weighing the option of imposing sanctions on the International Criminal Court if it issues an arrest warrant for Israeli Prime Minister Benjamin Netanyahu, US House Speaker Mike Johnson said.

"In the absence of leadership from the White House, Congress is reviewing all options, including sanctions, to punish the ICC and ensure its leadership faces consequences if they proceed. If the ICC is allowed to threaten Israeli leaders, ours could be next," he said in a statement.

"The ICC has no authority over Israel or the United States, and today's baseless and illegitimate decision should face global condemnation," the statement went on to say.

Johnson also accused US President Joe Biden’s administration of helping the ICC by a campaign of pressure on Israel. The speaker said the ICC with its move is equating Israeli officials with Hamas.

Tags: ISRAEL, PALESTINE, POLITICS/ ELECTIONS/ CORRUPTION, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE
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Russia has scoffed at the United States’ reaction to potential issuance of arrest warrants by the International Criminal Court (ICC) against Israeli officials over Tel Aviv’s Washington-backed war of genocide against the Gaza Strip.

Foreign ministry spokeswoman Maria Zakharova made the remarks on her Telegram channel on Monday.

Earlier, senior American officials, including President Joe Biden and Secretary of State Antony Blinken, had expressed fury after ICC Prosecutor Karim Khan applied for arrest warrants against Israeli war criminals, including Prime Minister Benjamin Netanyahu.

Tags: ISRAEL, PALESTINE, RUSSIA/ UKRAINE /BELARUS /CRIMEA, TORTURE/ WAR CRIMES, WAR/DRAFT/ VETERAN AFFAIRS, WHITE HOUSE
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