Month: April 2023

Crisis? What Crisis? First Republic Bank Headed For FDIC Receivership, US Yield Curve Plunges, Bank Lending Plunges, Middle Class Shrinks Under Biden/Yellen

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by confoundedinterest17 Crisis? What crisis? First, First Republic bank is most likely headed for FDIC receivership, sources say; shares drop 40%. Second, we have the US yield curve (3M T-yield – 18M FWD 3M T-yield) crashing to the most inverted since the 1990s. Third, we have US bank lending crashing. Fourth, we have a shrinking middle … Read more

TSA airport screeners are getting a raise to almost $60K plus benefits

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COLONIE — Transportation Security Administration officials are hoping that a recent pay raise for security screeners will expand the applicant pool at Albany International and other airports. Thanks to an increase in the recently passed federal budget full-time screeners who come on board in July can earn $58,563 in two years, plus retirement, 401(k)-style match and … Read more

Similar to October 2008 when the TARP bailout passed after it failed the first time. The market imploded. Similar to March 2020 when the Fed cut rates and restarted QE during the incipient meltdown. Bank failures will continue

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by BoatSurfer600 R.I.P First Republic Bank. FRC, which boosted assets of more than $212 billion on 31st December 2022, will be taken over by the FDIC as the rescue hopes falter. We are witnessing a crisis due to banks’ failure to manage interest rate risk. Many more failures are yet to come Big banks including … Read more

DNC has already announced that it will not allow any debates in 2024 primary. Biden is not to be challenged.

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Even the left thinks the coddling of this demented pedo criminal by the establishment is ridiculous. Interesting. DNC has already announced that it will not allow any debates in 2024 primary. Biden is not to be challenged. Everyone on the Democratic side must shut up and fall in line. Not having debates is undemocratic and … Read more

Global Alliances are Changing… Here’s What it Means for the Current World Order

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Guest Post from Craig MacIntosh at International Man: It’s called the Shanghai Cooperation Organisation… and the head choppers just joined. Long-term readers will recall we suggested as much two years ago. Well… tada!     Saudi Arabia’s King Salman bin Abdulaziz approved a Memorandum of Understanding (MoU) that grants the Kingdom the status of a … Read more

At the Revere Hotel in Boston, FBI agents and Army Special Ops units were about to conduct a “training exercise”.

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In the “exercise”, they would go into a room and interrogate a “role player”. Instead, they went to the wrong room, where an unsuspecting airline pilot answered the door. They handcuffed him, threw him into the shower, and interrogated him for about an hour, before he was able to convince them he wasn’t the “role … Read more