Bank Contagion? First SVB Crashes, Now First Republic Bank (Down -28% At Open)

by confoundedinterest17 Ah, memories! I still remember the 2000s housing bubble and subsequent financial crisis and bank bailout from 2008/2009 like it was yesterday. And I remember Representative Barney Frank (D-MA) claiming that the Dodd-Frank legislation would end bank bailouts. I laughed out loud when I heard Mr. Frank utter those preposterous words. Now here we are again … Read more

Jim Cramer recommended SVB stock a month ago

One month ago, Jim Cramer urged investors to buy Silicon Valley Bank stock $SIVB, saying it was "still cheap" and has "room to run." The stock's value has since dropped by 66% following concerns that the bank is on the brink of collapsing. pic.twitter.com/5jgjqTGxld — Watcher.Guru (@WatcherGuru) March 10, 2023

Sound Money Bills Moving Forward Rapidly in Many States

by: Stefan Gleason Because there is so much activity happening at the state level with respect to sound money legislation, here is a quick update on some of the most important bills that are currently pending. SALES TAX REMOVAL First and foremost, as to repealing precious metals sales taxes, bills in Mississippi and Kentucky are moving forward quickly. And they … Read more

J6 Sedition Trial Halted After Leaked Chat Logs Show FBI Agent Said Her Boss Ordered Her to ‘Destroy Evidence’

(InformationLiberation) The feds’ political persecution of the [Bad] Boys took a wild turn after unintentionally leaked chat logs from FBI Special Agent Nicole Miller revealed she said she was ordered by her boss to “destroy” “338 items of evidence.” The leaked chats also suggest Miller failed to reveal relevant communications to the defense, potentially spied … Read more

SVB BANK CLOSED BY CALIFORNIA REGULATOR… MASSIVE CRASHING OF BANKS UNDERWAY!

MASSIVE CRASHING OF BANKS UNDERWAY ### — The_Real_Fly (@The_Real_Fly) March 10, 2023 *FDIC: SVB BANK CLOSED BY CALIFORNIA REGULATOR — zerohedge (@zerohedge) March 10, 2023 FDIC says $SVIB now closed by California regulators. Deposits will be covered. Bank had $209B in assets. — Markets & Mayhem (@Mayhem4Markets) March 10, 2023 Live view of Silicon Valley … Read more

February Jobs Report Comes In Hot, Hot, Hot (Avg Hourly Earnings UP 4.6% YoY, Too Bad Inflation Is At 6.4% YoY)

by confoundedinterest17 According to the US Bureau of Labor Statistics (BLS)https://www.bls.gov/news.release/empsit.nr0.htm, the February jobs report came in hot, hot, hot. One indicator that the Biden Administration will herald is that average hourly earnings rose to 4.6% Year-over-year (YoY). Too bad headline inflation is still at a whopping 6.4% YoY. More jobs were added to the US … Read more

America’s Secret Censorship-Industrial Complex

Our findings are shocking. A highly-organized network of U.S. government agencies and government contractors has been creating blacklists and pressuring social media companies to censor Americans, often without them knowing it. … These organizations and others are also running their own influence operations, often under the guise of “fact-checking.” The intellectual leaders of the censorship … Read more

Significant Nor’easter forecast for New England 3/14

Latest EPS with an impressive signal for a deep low pressure and significant coastal storm off the coast of New England early next week. Obviously, quite a bit of uncertainty remains in regards to the specifics. But this synoptic setup has a high-impact ceiling to say the least. pic.twitter.com/5k6GwzVUJP — John Homenuk (@jhomenuk) March 9, … Read more

Big 4 Babnks And SVB: Canaries In The Economic Coal Mine? (SVB Racing To Prevent a Bank Run As Funds Advise Pulling Cash)

by confoundedinterest17 While waiting on the February jobs report from the US Bureau of Labor Statistics (BLS), I noticed that the big 4 banks (Bank of America, JPMorgan Chase, Citi and Wells Fargo) are drowning in net realized losses as The Federal Reserve combats 1) too many years of loose monetary policy under former Fed … Read more

U.S. judge says JPMorgan must hand over CEO Dimon’s records in Jeffrey Epstein lawsuit

via Reuters (via Yahoo Finance): NEW YORK, March 9 (Reuters) – A U.S. judge on Thursday ordered JPMorgan Chase & Co to hand over more documents concerning Chief Executive Jamie Dimon to the U.S. Virgin Islands for the territory’s lawsuit accusing the bank of aiding in Jeffrey Epstein’s sex trafficking. U.S. District Judge Jed Rakoff … Read more

Jim Jordan’s hearing exposed leftist congressmen and the Biden admin as fundamentally opposed to a free press and First Amendment… Journalist Michael Shellenberger: “I never thought that would happen in the United States of America.”

Jim Jordan’s hearing exposed leftist congressmen and the Biden admin as fundamentally opposed to a free press and First Amendment. Jim Jordan's hearing exposed leftist congressmen and the Biden admin as fundamentally opposed to a free press and First Amendment. Congratulations to @Jim_Jordan for the @ElonMusk @Twitter Files hearing today with @mtaibbi and @ShellenbergerMD. pic.twitter.com/3Ey8aVQ6oC … Read more

FBI Has Been Testing Facial Recognition Software on Americans for YEARS Without Their Knowledge or Consent

by: Ethan Huff (Natural News) The American Civil Liberties Union (ACLU) is suing the Federal Bureau of Investigation (FBI) for illegally spying on and surveilling Americans using advanced facial recognition software. Sen. Ed Markey (D-Mass.), in speaking to The Washington Post about the suit, explained that Americans deserve to be able to go about their lives in peace without … Read more

They all knew Trump was innocent but they smeared and spied on him. Worse than Watergate. Trump is a crime victim!

Obama knew. Clinton knew. Biden knew. Comey knew. Brennan knew. McCabe knew. Strzok knew.Clapper knew.Schiff knew.FBI knew.DOJ knew. CIA knew.State knew. They all knew Trump was innocent but they smeared and spied on him. Worse than Watergate. Trump is a crime victim! pic.twitter.com/PmKzBsX5bL — Tom Fitton (@TomFitton) March 9, 2023 Trump could face Criminal Charges … Read more

Drama in the Proud Boys trial yesterday after FBI agent caught lying on the stand and concealing evidence from defense attorneys.

is allowed to lie to the public, withhold information, and operate without oversight by Congress. This agent (or someone) deleted thousands of messages in FBIs "Lync" messaging system–messages relevant to investigation and required to be produced to defense counsel: pic.twitter.com/Ss2tt3XcHB — Julie Kelly 🇺🇸 (@julie_kelly2) March 9, 2023 Brazen lawlessness at FBI in its biggest … Read more

The Credit Suisse Latest Scandal

by Martin Armstrong Credit Suisse has gone from one crisis to the next. Last month alone, the bank reported that customers have withdrawn $120 billion. A rogue employee stole the names of people with $50 million or more and probably gave that to tax authorities for a bribe – the second time this has taken … Read more

Europe is ready for digital ID

Here it is folks. And the United States will have one too just not for awhile. Having a digital identity card could make life easier. MEPs are currently working on a European Digital Identity (eID), meaning less paperwork when accessing key services, like requesting official documents or renting a car across Europe. More: https://t.co/Q4POBcTPNg pic.twitter.com/jbl4ExVRrt … Read more