Federal Deposit Insurance Corporation (FDIC) Alert! FDIC is seeking PUBLIC comment on the proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund arising from the protection of uninsured depositors in connection with SVB & Signature Bank–$15.8 billion.

by Dismal-Jellyfish Source: https://public-inspection.federalregister.gov/2023-10447.pdf The FDIC is seeking comment on a proposed rule that would impose special assessments to recover the loss to the Deposit Insurance Fund (DIF or Fund) arising from the protection of uninsured depositors in connection with …

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The Environmental Protection Agency has cleared the release of 2.4 billion genetically-modified mosquitoes in California and Florida.

The Environmental Protection Agency has cleared the release of 2.4 billion genetically-modified mosquitoes in California and Florida. The mosquitoes, created by biotech firm Oxitec, will be non-biting Aedes aegypti males engineered to only produce viable male offspring, per the company. Oxitec says the plan …

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The Sunshine Protection Act

by Martin Armstrong The US Senate unanimously voted for the Sunshine Protection Act to maintain daylight saving time. Finally, lawmakers realize policies implemented decades ago are no longer serving us. The tradition of changing the clocks back and forth began …

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Customs and Border Protection intercepted shipments of over 1,200 fake IDs destined for Chicago and New York originating from China as The Biden Admin continues flying illegals all over the US

Last week, CBP officers working in Indianapolis detained shipments that were arriving from Hong Kong mis-manifested as “Game Card” with a value of $20. Officers inspected the shipments and found nearly 1.2K counterfeit state driver's licenses. Details: https://t.co/fJW4mlftK3 pic.twitter.com/Z5S70hmdqL — …

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What Is Crypto Asset Protection?

Crypto assets are decentralized, which means they’re beyond the control and regulation of any central authority. This is good because it means no government can tell you what to do with your crypto assets.   The paradox of cryptocurrencies is that …

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Plunge Protection Myths = Keynesian Economic Myths

by Martin Armstrong QUESTION: What about what China did by buying stocks a few years ago to stop the hang sang from dropping LW   https://d33wjekvz3zs1a.cloudfront.net/wp-content/uploads/2016/02/Summers-Economy-Not-Predictable.mp4?_=1 ANSWER: Do not confuse attempts to support a market from actually being able to do …

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