Breaking news, updates, and reports on current events.
Shares in Credit Suisse are tumbling after a forced merger with another Swiss bank were rejected. This comes as Switzerland’s largest political party signals it is against a state guarantee of the bailout for Credit Suisse after it received injection of liquidity from the Swiss National Bank (SNB) on Thursday with a loan of over … Read more
The J6 Political prisoners, some of who have been held in a DC prison and treated inhumanely for over two years awaiting trial, have an opportunity to halt their practices and demand access to evidence that could finally clear them. The trials have moved along at an extremely slow pace out of political persecution, with … Read more
CHESTER, Pa. — Luis went to prison on a life sentence 16 years ago, at age 17. Food came on a tray and leftovers were removed on the same brown plastic rectangle. So he had never cooked or done dishes before moving to the “Little Scandinavia” unit in the Pennsylvania State Correctional Institution at Chester last … Read more
It wasn’t until America’s crooked fact-checkers said Joe Biden had no intention of banning gas stoves that I was certain Joe Biden would ban gas stoves. And now we know he is — 96 percent of them. “Yes, the Biden administration is coming for your gas stove,” writes Rep. Debbie Lesko (R-AZ) in the Washington Examiner. It’s … Read more
Lindsey Graham calls for US to shoot down Russian fighter jetshttps://t.co/H9P0oxO82W — EndGameWW3 🇺🇸 (@EndGameWW3) March 16, 2023 Ukrainian Intelligence is reporting that an “Unusual number of Russian Naval Ships” have been deployed into the Black Sea over the last 24 hours from Ports in Sevastopol and Novorossiysk; there is currently no indication of why … Read more
by confoundedinterest17 Cry for Argentina! Their central bank boosted its benchmark Leliq rate by 300 basis points to 78%. The monetary authority’s board considered the increase in response to accelerating inflation and after leaving the key rate unchanged for several months. Of course, the US Federal Reserve is going in the opposite direction to combat … Read more
This is the money supply over the past 30 years and it shows a 400% increase as a reaction to the pandemic. This is why we have inflation, pretty simple. A jaw dropping 400% increase and we can’t even really say where that money went and what did it help? h/t tendyrancher
More like 150%. Recession is here already. We have had 3 quarters of declining GDP. Just wait till the 35% real unemployment hits the fan. h/t BoatSurfer600
https://archive.is/eWZvy h/t EuphoricTrilby
Hunter Biden admits ties to China pic.twitter.com/7DlHIiALfJ — I Meme Therefore I Am 🇺🇸 (@ImMeme0) March 16, 2023
h/t ObiWanCanownme
by BoatSurfer600 Repeat after me: this is not a bailout. Credit: @okieyardbird
by Michael Every single day there are more twists and turns to this new banking panic. In fact, we just learned that the big banks have gotten together to save First Republic. That is good news, because a collapse of First Republic would have been a major catastrophe. But First Republic is just one in … Read more
by laflammaster Most banks that failed were in SF, one in NY. I’ve yet to hear a bank in trouble that’s out of Or near Richmond. Now that the SF run on the banks has been kind of quelled, looks like they need money somewhere else. I’m thinking there are more banks in need of … Read more
by BoatSurfer600
by CharlieFoxtrot Aloha suckers! Silicon Valley Bank’s failed CEO Gregory Becker escapes to his $3.1million Hawaiian hideaway days after being fired, leaving the chaos of the collapse in the dust https://www.dailymail.co.uk/news/article-11864495/Silicon-Valley-Banks-failed-CEO-Gregory-Becker-escapes-3-1-million-Hawaiian-hideaway.html Republic Bank President – who who along with other execs sold $12M of stock before bank collapsed – bought Ben Affleck and Jennifer Garner’s … Read more
by Simon Black You know the old joke– “Predictions are hard… especially about the future.” And it’s true, nobody has a crystal ball. But it’s astonishing to see just how horribly wrong the people in charge can be in their predictions, especially about the very near future. You probably remember Joe Biden famously insisted in … Read more
