The Fed bought up $2.7 trillion in toxic waste mortgage backed securities to reinflate the housing bubble and take those bad loans off the books of its Wall Street bankster accomplices. Next up: Powell will let the banksters transfer their non-performing commercial real estate loans to the Fed.

by Simian_Stacker This level of blatant corruption and global usury is frankly biblical in how unprecedented it all is. FED'S WALLER: I HOPE THE FED NEVER GETS BACK INTO BUSINESS OF BUYING MBS. — FinancialJuice (@financialjuice) May 24, 2023 $247M …

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Texas To Launch A Gold-backed Currency

By ZeroHedge – Texan senators introduced a Bill that would require the state comptroller to establish a digital currency that is fully backed by gold. The state of Texas would hold gold backing the currency in trust on behalf of …

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New York Times: “It may be in no one’s interest to reveal more [about] who blew up the Russian-backed Nord Stream pipelines”

That’s some investigative reporting. Intelligence leaks surrounding who blew up most of the Russian-backed Nord Stream pipelines last September have provided more questions than answers. It may be in no one’s interest to reveal more. https://t.co/N5dmSwOJwJ — The New York …

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FDIC Alert! $114 billion in face value Agency Mortgage Backed Securities, Collateralized Mortgage Obligations, and Commercial Mortgage Backed Securities about to be liquidated ‘gradual and orderly’ with the ‘aim to minimize the potential for any adverse impact on market functioning’ by BlackRock.

by Dismal-Jellyfish Source: https://www.fdic.gov/news/press-releases/2023/pr23029.html The Federal Deposit Insurance Corporation (FDIC) as receiver of the former Signature Bank, New York, NY, and Silicon Valley Bank, Santa Clara, CA, will undertake a marketing process to sell the securities portfolios retained from the two receiverships. …

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Smells like mortgage backed securities blowing up… Debit Suisse goes on MSM pushing Narrative of extreme housing shortage. Coincidence?

by BoatSurfer600 https://www.20min.ch/story/wegen-wohnungskrise-sp-badran-will-airbnb-verbieten-770437754386 CMBS Delinquency Rate Jumps in February 2023, Second Biggest Jump Since Beginning of COVID-19 @TreppWire pic.twitter.com/8g6yTYsima — LongConvexity (@LONGCONVEXITY) March 3, 2023 on avg the recession starts 27 months after the first hike. We still have time. …

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Fragility! The Federal Reserve Is Slow-Walking Its Shrinking Of Mortgage-backed Securities As M2 Money Growth Goes Negative (Mortgage Purchase Demand Down -37% Since Last Year And Down -45% Since February 5, 2021)

by confoundedinterest17 Starting in 2009 with the housing bubble burst and ensuing financial crisis, The Federal Reserve bought agency mortgage-backed securities (MBS) in an effort to provide stability to the then suffering housing and mortgage markets. Flash forward to today …

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Blood on Their Hands: Woke Las Vegas Bail Fund Backed by Leftists Richard Branson, John Legend and Danny Glover Closes After Being Sued for Freeing Serial Criminal Who Tried to Murder Asian Waiter Six Days Later

A nonprofit that pays bail for arrested individuals has shut down its Las Vegas chapter after freeing a man who went on to nearly kill a waiter  The Bail Project paid a $3,000 bail for Rawshawn Gaston-Anderson, 24 in December …

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