JPMorgan Chase would like the public to believe that it’s going to walk away from the sleaziest financial crime of the century just $365 million poorer in the process. That’s just not going to happen…
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Unprecedented Gold Hoarding by Central Banks Heralds Financial Sea Change…
Amid geopolitical tensions and global debt, central banks are expected to continue purchasing gold, further diminishing the appeal of the US dollar as a reserve currency…
The Perfect Storm Hits Big Banks: Tumbling Deposits, Rising Unrealized Losses, and Higher-for-Longer Interest Rates…
On March 30, 2022, two highly troubling events occurred: (1) Fed data showed that unrealized losses on available-for-sale securities at the 25 largest U.S. banks were approaching the levels they had reached during the financial crisis in 2008; and (2) the Fed simply stopped reporting unrealized gains and losses on these banks’ securities…
House GOP Debate Heating up on Spending Cuts…
The progress in spending and shutdown talks that House Republicans were touting Wednesday night was revealed to be a mirage by midday Thursday, dealing Speaker Kevin McCarthy (R-Calif.) a blow and keeping the conference in a state of turmoil…
U.S. National Debt Surpasses $33 Trillion…
Treasury Secretary Janet Yellen said she was “not really concerned about the impact” the Biden administration’s spending programs were having on the national debt…
FTX Sues Founder Sam Bankman-Fried’s Parents over Missing Millions…
Bankrupted cryptocurrency firm FTX has sued the parents of founder and former CEO Sam Bankman-Fried, alleging that the pair siphoned millions of dollars out of the company through their son…
Commentary: How ‘the Firm’ Pushes Bad Spending Bills — and What We Can Do About It…
The debate on the budget threatening to shut down the government has everything to do with out-of-control spending levels during the covid pandemic. Yanking those billions spent back to pre-covid levels…
JPMorgan’s Pampered Client, Jeffrey Epstein, Broke a Lot More Laws Than Just Sex Trafficking of Minors…
A closer look at the trail of lawlessness perpetrated by Jeffrey Epstein while he was receiving VIP treatment from executives and licensed brokers at the largest bank in the United States – JPMorgan Chase – demands a comprehensive investigation by a genuinely independent Special Counsel…
House Freedom Caucus Draws Hard Line, Says ‘No’ to Current Spending Levels…
The House Freedom Caucus and conservative groups held a press conference Tuesday opposing any deal to continue government spending at current levels, hours before the House reconvened after a week-long recess to tackle the task of keeping the government open past September 30…
Buckle Your Seatbelt: How Auto Strike Could Tank Economy and Hurt Workers…
The country’s largest auto union began a historic strike at midnight on Friday. Here is what to know about why auto workers are striking and what is at stake…
Unmasking Biden’s Secret Catastrophe Unfolding in Alaska–It’ll Cripple the Entire U.S….
There’s a major catastrophe brewing, and it’s going to hit every American hard. When it does, the Biden administration will likely cook up a lame excuse to distance themselves from this nightmare that’s unfolding. But, the truth is that what’s about to come down is 100 percent on Joe Biden…
At What Level Will Saudi Arabia And Russia Stop Pushing Oil Prices Higher?…
The decisions last week by Saudi Arabia to continue its 1 million barrel per day (bpd) production cut to the end of this year and by Russia to extend its 300,000 barrels per day export cut for the same period conspired to push oil prices to their highest level since last November…
FDIC Releases a New Problem Bank List: It’s an Exercise in Fantasy…
Last Thursday, the Federal Deposit Insurance Corporation (FDIC) released its Quarterly Banking Profile for the quarter ending June 30, 2023. The report includes the FDIC’s Problem Bank List. While the actual names of the problem banks aren’t provided, the total assets listed provide an indication of whether any large banks are on the list…
SHOT: Biden Cancels Previously Issued ANWR Oil and Gas Leases in Alaska…
24 hours before Joe Biden announced he was cancelling all previously issued oil and gas leases in Alaska’s ANWR region, Saudi Arabia and Russia announced oil production limits would continue. Oil prices spiked near $100/bbl and then Joe Biden amplifies the problem by cancelling previously sold oil and gas leases…
CHASER: Oil Prices Surge After Saudi Arabia and Russia Announce Extended Oil Production Cuts Through End of 2023…
Oil prices shot passed $90/bbl today after Saudi Arabia and then Russia announced a continuance of production cuts through the end of this year…
Why Won’t Biden or Trump Talk About the $2 Trillion Deficit?…
A recent poll suggests key issues are obscured by the geriatric psychodrama…
President Biden’s Ukraine Supplemental Request Is a Border Trap…
The Biden Administration’s $40.1 billion supplemental request is a concerted effort to hold disaster relief funds hostage to obtain more Ukraine war money and prolong the crisis at the southern U.S. border…
A JPMorgan Court Filing Shows Another Bank Exec Visited Jeffrey Epstein’s Sex-Trafficking Residences 13 Times – Two More Times Than Jes Staley…
JPMorgan Chase is in a protracted legal battle in a federal district court in Manhattan over highly credible allegations that it “actively participated” in Jeffrey Epstein’s sex-trafficking of minors…
Time to Name the Clients: JPMorgan Flagged over $1 Billion in Suspicious Epstein Transfers…
JPMorgan flagged over $1 billion in suspicious transactions linked to deceased pedophile Jeffrey Epstein, which the bank reported to the US government, the US Virgin Islands has claimed in its lawsuit against the bank…
China’s Economy Suddenly Goes Into Deflation…
China’s robust facade wavers as economic instability triggers protests, impacting Xi’s leadership, global partnerships, and energy demand…
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