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Finance

Latest News

SVB_Bank

March 13, 2023 at 2:36 pm

U.S. Treasury Steps In – All SVB Depositors Will Have Access to Their Money on Monday…

The U.S. Treasury, Federal Reserve Board, FDIC and Joe Biden collectively announce that *all* depositors with Silicon Valley Bank (SVB) will have access to their funds – regardless of amount deposited. Also, all senior bank management has been terminated…

skynews_silicon_valley_bank

March 10, 2023 at 6:38 pm

Game Over: FDIC Shutters Silicon Valley Bank, Appoints Receiver…

Silicon Valley Bank, Santa Clara, California, was closed today by the California Department of Financial Protection and Innovation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect insured depositors, the FDIC created the Deposit Insurance National Bank of Santa Clara (DINB). At the time of closing, the FDIC as receiver immediately transferred to the DINB all insured deposits of Silicon Valley Bank…

Silvergate_Bank

March 8, 2023 at 8:29 pm

FDIC Investigators Are on the Premises of Collapsing Federally-Insured, Crypto Related Bank, Silvergate: It’s Not a Friendly Visit…

A very peculiar headline appeared at Bloomberg News yesterday concerning the collapsing federally-insured bank, Silvergate Bank, which became the go-to financial institution over the past few years for crypto exchanges around the globe…

CBDC

March 7, 2023 at 4:48 pm

Central Bank Digital Currency Prison – Catherine Austin Fitts…

Catherine Austin Fitts (CAF), Publisher of The Solari Report, financial expert and former Assistant Secretary of Housing (Bush 41 Admin.), says the Central Bank Digital Currency (CBDC) is much easier said than done. There is a monster fight behind the scenes between commercial banks and central banks…

No_Eurodollars_for_You_Gold_Goats_

March 6, 2023 at 7:46 pm

The War for the Dollar is Already Over Part I…

For nearly the past two years I’ve been a nearly lone voice in the wilderness questioning the financial orthodoxy over the behavior of the Federal Reserve. It started with an innocent, if not openly naïve question back in June of 2021, “Could the Fed actually be getting off the globalist train?”…

Larry_Fink_BlackRock_Carolyn_Cole_GettyImages

March 3, 2023 at 6:48 pm

BlackRock’s Tyrannical ESG Agenda…

Is Larry Fink a threat to democracy?…

U.S. National Debt

March 2, 2023 at 7:14 pm

Annual Interest Payments on National Debt Will Exceed Defense Spending This Decade…

“For every dollar that the U.S. government will borrow over the next decade, 50 cents will be just to pay interest on our national debt,” the group added…

Ford_Electric_Vehicles

March 2, 2023 at 5:47 pm

Miss Car Payment? Future Ford Vehicles Could Repossess Themselves…

Ford Motor Company filed a US patent application that shows autonomous or semi-autonomous vehicles could potentially repossess themselves if their owners miss lease or loan payments…

Vanguard_Funds

March 1, 2023 at 8:07 pm

Vanguard’s Break with ESG Investing Clouds Practice’s Future Viability…

“Our research indicates that ESG investing does not have any advantage over broad-based investing,” said the asset management firm’s CEO Tim Buckley…

Sam_Bankman_Fried_The_Enterprise

March 1, 2023 at 7:37 pm

Sam Bankman-Fried’s Donations May Have Been Tens of Millions More Than We Thought…

The founder of FTX used executives as cut-outs for donations, prosecutors allege…

Donald_Trump

March 1, 2023 at 6:06 pm

The Golden Arrow – President Trump Announces Economic Agenda 47 Which Includes “Universal Baseline Tariffs”…

This is it. This is pure MAGA. President Trump is announcing the big one… “Economic Agenda 47“…

FTX_shutterstock

February 28, 2023 at 8:20 pm

FTX’s Singh Pleads Guilty As Pressure Mounts on Bankman-Fried…

Nishad Singh, the former director of engineering at now-bankrupt cryptocurrency exchange FTX, pleaded guilty to U.S. criminal charges on Tuesday, and agreed to cooperate with prosecutors’ investigation into FTX founder Sam Bankman-Fried…

FTX_Ponzi_Scheme

February 28, 2023 at 7:23 pm

Judge John Dorsey Has Effectively Privatized Justice in the FTX Bankruptcy Case…

Heck, why not bake into the FTX money laundering, ponzi scheme crypto scam a bit of rigging by the Judge. Who’d expect anything less these days…

Damian_Williams_SDNY_US_Attorney

February 27, 2023 at 7:56 pm

The Same Day Sam Bankman-Fried Is Hit with a New Count of Bank Fraud, Three Regulators Warn About Crypto Bank Runs…

Last Thursday, the Department of Justice added four additional criminal counts against Sam Bankman-Fried in a superseding indictment. These include: bank fraud; conspiracy to operate an unlicensed money transmitting business; and two counts involving the purchase and sale of derivatives…

Sam_Bankman_Fried_The_Enterprise

February 23, 2023 at 7:57 pm

Crypto ‘Fraudster’ Sam Bankman-Fried Hit with Four More Charges — Exposing Him to a Possible Additional 40 Years in Jail…

Disgraced FTX founder Sam Bankman-Fried has been hit with four more brank fraud charges in a new indictment – which accuses him of posing as the ‘savior of the cryptocurrency industry’…

Wealth_Transfer

February 23, 2023 at 5:48 pm

Green Energy: Greatest Wealth Transfer to the Rich in History…

We are in the midst of history’s greatest wealth transfer…

wall_street

February 21, 2023 at 6:50 pm

Bond Bloodbath Triggers Biggest Stock Puke of Year…

The ‘one-way-trade’ of January is rapidly unwinding in February with stocks finally getting the joke today and accelerating their catch-down…

Fed_Pres_Neal_Kashkari

February 20, 2023 at 7:22 pm

Minneapolis Fed President Neel Kashkari Admits Goal Is to Shrink Economy to Meet Decreased Energy Supplies…

This video interview segment was sent to me today along with a “wow, you were right” message. Apparently, the interview took place a few weeks ago (it’s new to me), but the admissions within it are quite remarkable…

Reserve_Currency_US_Dollar

February 20, 2023 at 6:29 pm

How A Country Loses Its Currency Reserve Status…

No, a country does not have a world reserve currency due to military power…

Egg_Prices_2023

February 17, 2023 at 8:26 pm

INSANE: A Dozen Eggs Now Cost More Than A Pound of Beef. Here’s Why…

The cost of a dozen eggs has now surpassed the price of a pound of beef, marking the first time that’s happened since the U.S. Bureau of Labor Statistics began keeping data in 1980…

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