SVB Bank Crisis Could Sink Any Bank, Big or Small… JPMorgan Warns Stocks Are in ‘Calm Before the Storm’… Banking Crisis Is Not Over

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Flight to Money Funds Is Adding to the Strains on Small Banks Silicon Valley Bank’s collapse has caused savers to seek out alternatives, but the shift poses risks to the financial system and the wider economy. via YAHOO: (Bloomberg) — A risk-on mood fueling this year’s equities rally is likely to falter, with headwinds from … Read more

Susanne Trimbath PhD on Twitter: Government takes ownership of failed bank then sells loan portfolio to the public. Why does that sound so-o-o familiar?

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by Dismal-Jellyfish Government takes ownership of failed bank then sells loan portfolio to the public. 🤔 Why does that sound so-o-o familiar? — Susanne Trimbath PhD (@SusanneTrimbath) April 4, 2023 FDIC Alert! FDIC announced the framework of a marketing process for the approximately $60 billion loan portfolio retained in receivership following the failure of Signature Bank, … Read more

A majority of Americans now think getting a college degree isn’t worth it, a new WSJ poll says

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via MSN: A WSJ survey found that 56% of Americans now say a four-year college degree isn’t worth the cost. The poll highlighted a growing skepticism about the value of college and associated student debt. The findings underscored a decade-long college enrollment decline, which the pandemic exacerbated. A majority of Americans now say a college degree isn’t … Read more

President Trump Demands Soros-Funded Democrat DA Alvin Bragg ‘Indict Himself’ and ‘Resign’ for ‘Illegally Leaking’ Details of Indictment That Include 34 Felony Counts

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Donald Trump on Monday night accused the Manhattan district attorney, Alvin Bragg, of having ‘illegally leaked’ the ‘pathetic Indictment against me’ A source within Bragg’s office described the indictment to Michael Isikoff, a reporter at Yahoo News Isikoff reported that Trump will be charged with 34 felonies, but will not be handcuffed or have his mugshot … Read more

Apple warns users with medical devices to keep iPhones away from body because they emit EMF

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by: Belle Carter (Natural News) Apple has warned on its website support page that consumers using iPhones, especially those with medical devices, should keep their mobile phones away from their bodies because mobile phones emit electromagnetic fields (EMF). The warning to keep the phones at a safe distance was made because most electronic devices are made with magnets or … Read more

The Banking Crisis Gets Worse! $1.7 Trillion In Unrealized Losses Loom As U.S. Banks Rapidly Bleed Deposits

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by Michael If our banking system can’t find a way to turn things around, our entire economy will soon be in a world of hurt.  When banks get into trouble, they start getting really tight with their money.  That means fewer mortgages, fewer commercial real estate loans, fewer auto loans and fewer credit cards being … Read more

European Central Bank calls for clampdown on commercial property funds

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(Via FinancialTimes) The European Central Bank has called for a clampdown on commercial property funds to tackle the risk that a downturn in the €1tn sector could trigger a liquidity crisis if investors rushed to withdraw their money. The ECB’s proposals reflect concern among regulators and investors that the recent turmoil in the banking industry could … Read more

Clearview AI scraped 30 billion images from Facebook and gave them to cops: it puts everyone into a ‘perpetual police line-up’

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A controversial facial recognition database, used by police departments across the nation, was built in part with 30 billion photos the company scraped from Facebook and other social media users without their permission, the company’s CEO recently admitted, creating what critics called a “perpetual police line-up,” even for people who haven’t done anything wrong. The company, … Read more

JONATHAN TURLEY: ChatGPT falsely accused me of sexually harassing my students. Can we really trust AI?

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via usatoday: I received a curious email from a fellow law professor about research that he ran on ChatGPT about sexual harassment by professors. The program promptly reported that I had been accused of sexual harassment in a 2018 Washington Post article after groping law students on a trip to Alaska. It was not just a … Read more

NYC mayor offers illegal immigrants free tuition to leave the city.

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via thecollegefix: The “Asylum Seeker Blueprint” would involve a partnership between the State University of New York Sullivan and a nonprofit called the Center for Discovery. If implemented, the plan would “offer asylum seekers the opportunity to relocate to Sullivan County, attend SUNY Sullivan Community College, live in college residence halls and earn a post-secondary credential … Read more

History in the Making, “2024 BRICS summit to be held in the Russian city of Kazan” — President Putin

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"2024 BRICS summit to be held in the Russian city of Kazan" — President Putin Assistant to the President of the Russian Federation, Yuri Ushakov, was appointed chairman of the organizing committee for preparing and maintaining the Russian presidency in BRICS for 2024. pic.twitter.com/KE13vHkVa0 — Trollstoy (@Trollstoy88) April 3, 2023 Transcript “2024 BRICS summit to … Read more

President Trump’s Attorneys Will Immediately File a Motion to Dismiss After Reviewing BS Indictment from Corrupt NY DA

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President Trump’s legal team is expected to immediately file a motion to dismiss as soon as they have time to review the BS indictment against President Trump. Trump’s team says they expect that the indictment against President Trump will be legally frail in the BS case pushed by radical left Soros-backed DA Alvin Bragg. Former … Read more