[New with Views] Somehow you must understand that The Parasitic Super-Rich Ruling Class (PSRRC) are the ULTIMATE architects and engineers of the "Final Solution" for your demise by degradation and starvation...or you will perish!
This has been true for centuries.
The Parasitic Super-Rich Ruling Class (PSRRC) consists of wealthy families and billionaires who are above the law. They create and manipulate the law, control the police powers and the judiciary, and always have.
They use their money to control the outcome of elections and bribe elected officials. They are and have been the ultimate and perennial Enemy of the People for centuries!
The Communist minions in ’woke’ corporations, government, military, academia, and media, et al., are despicable foot soldiers of the PSRRC who sold you out for 30 pieces of silver.
Lenin’s "Useful Idiots" and other supporters of Communism and their own destruction are stupid and greedy people, who in their ignorance accept handouts and fairy tales.
How do I demonstrate to you that this is for all the marbles, without reruns? Either you resist and survive, or you lose forever. Forever is a long time.
I have prayed for years for the Lord to give me the words that would inform and resonate with you; only you can tell me if he answered my prayers. Your actions will be your response.
Anyone who supports war in Ukraine believes the propaganda (LIES), or is the recipient of bribes.
The basis for the war were false-flag attacks on their own people by Ukrainians, blamed on the Russians. The PSRRC (United States), not Russia, promoted the war for their own profit. Sanctions against Russia actually raised their economy, and reduced ours and Europe’s!
All media and government reports on Ukraine are lies.
#2
Given the siren song of 'Soak the Rich' rambles through the population, the Rich are going to defend what they have by any means. Why are you surprised.
Andrew C. Wallace is a former Kentucky State Trooper, Kentucky Native, Korean War Veteran, Commercial Pilot in Alaska, University of Kentucky Undergraduate in Business, Four years of Graduate School in Economics and Marketing at University of Kentucky and University of Iowa., Assistant Professor, Thirty years as Director of Marketing Firm developing and implementing national Marketing programs for manufacturers and now retired doing research and writing.
It seems to support the idea that we should invade Mexico. A show of hands, who thinks the geniuses at the Pentagon could pull it off? We haven't won a war since Tokyo 1945.
[amgreatness] The tragic killing of two U.S. citizens this week in the border town of Matamoros, Mexico, should, in a just world, refocus American attention on the glaring problem of transnational drug cartels’ de facto control of large swaths of our perilously porous southern border. That the two Americans killed may have been mistaken by warring cartel clans for Haitian drug smugglers,
Haitians? That’s new...
as the Dallas Morning News reported, hardly ameliorates the awful situation or lessens our imperative to recalibrate attention away from faraway proxy wars of dubious national interest, and toward the very monsters in our own backyard who run the Western hemisphere’s worst human trafficking rings and flood the U.S. interior with the most lethal drugs known to man. Read the rest at the link Bring back Black Jack! Bring back Old Fuss and Feathers!
#4
Yes. Remember when the "war on drugs" people said the solution was to go after the demand side?
Posted by: M. Murcek ||
03/12/2023 11:36 Comments ||
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#5
B is correct, it is a fantasy to think that we can "destroy the Cartels" until we eliminate the appetite for drugs in the US...and that ain't happening. That said the fight must be taken to those that are directing and prospering from real damage that we suffer from this criminal enterprise (a transnational criminal enterprise in fancy DoD speak). Fentanyl in the current quantity/quality-lethality pushed into our neighborhoods is a weapon used against us by nation states with intent to paralyze and destabilize us. They have to be pleased with their current BDA of effects realized against us and the resultant ROI - we are actually paying them for the privilege...
Having been frustrated beyond my human ability to tolerate stupidness during the last lawfare excursion in Afghanistan and the stan-hoods...I would like to make the following recommendations before kicking off any type of real fight against the "Cartels." (likely an intended effect from the deep threat is to bog us down in a tactical fight on the southern border...don't do it). Only a strategic fight should be considered.
-A thorough mission analysis first please.
-Target those conducting asymmetric warfare against us, the politicians they control (Mexico and the US), the money that feeds them and their ops, and the Cartel leaders.
-Make sure that during the mission analysis all legal authorities are in place along with a strong AUMF to prosecute this fight...if these are not done up front, don't even start...cuz we won't be able to finish properly.
-The "powers that be" will want us to fight a tactical war in the hoods in Mexico, which will be really bad...they are well armed (likely have many of the weapons now appearing on the battlefields in the Ukraine), well-trained, and have the best intel on us that money can buy.
-Note: the US cartel leaders are running their ops from our prisons where most reside, strangely protected, and very well funded.
If we make this a strategic fight with the correct authorities, the "Cartel" will likely make an economic decision and back off.
#8
DooDahMan the IRS does require a thief declare ill gotten gains on tax returns. The IRS promises to not prosecute or turn them over to local police.
Posted by: Deacon Blues ||
03/12/2023 12:23 Comments ||
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#9
I beat it Murcek, you just have to want too.
Posted by: Chris ||
03/12/2023 12:38 Comments ||
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#10
you just have to want to(o) sic
Yes. Every therapist, counselor and psychiatrist says it's up to the patient.
It's the truth.
Posted by: M. Murcek ||
03/12/2023 13:18 Comments ||
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#11
Those making a profit off of the weakness of others are parasites. Declare the cartels are terrorists because they are.
Posted by: Super Hose ||
03/12/2023 14:53 Comments ||
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#12
I watched first foster daughter quit heroin cold turkey. It did not look like fun, but she didn’t want to be self-destructive anymore.
until we eliminate the appetite for drugs in the US
#3
This could make the Fed Reserve hold rates steady or increase only 25 basis points.
Posted by: lord garth ||
03/12/2023 12:02 Comments ||
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#4
It needs to be noted what this sudden bank crisis crowds off the front pages, social media and MSM broadcast news - the J6 and Covid revelations. Coincidence or misdirection?
#5
The point here is that if you hold these securities to maturity, there is NO LOSS AT ALL.
The geniuses in the accounting profession got the bright idea that you should "mark to market" these securities (and, yes, I know the pretzel contortions of FAS 115) so that you show "losses" that don't exist. It is just an accounting entry that will be reversed once rates start to go back down again.
having said that, if it were just that--a liquidity shortfall aggravated by accounting entries-- I would expect the Fed to step in and make loans of last resort while SVB and others sell off the illiquid assets and then repay the Fed loans.
The fact that the FDIC jumped in and seized the bank makes me think that something much more serious--that hasn't surfaced yet--is going on.
Posted by: Tom ||
03/12/2023 13:42 Comments ||
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#10
@#2 - 'Signature Bank said in a statement that it was in a “strong, well-diversified financial position.” '
LOL, I figured that was b.s., but I didn't expect the feds to shut down Signature Bank (SBNY) today, on a Sunday.
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.
The view from Russia, which is legitimately cynical.
by Irina Alksnis
[RIA] The end of the working week was not very successful for the US stock market. The reason is the rapid (in a few days) bankruptcy of the Californian bank Silicon Valley Bank (SVB), which was considered absolutely reliable before, which led to the subsidence of stock indices of entire business sectors
.
As a result, instead of a Saturday-Sunday rest, financial and business analysts around the world are now trying to predict how serious the consequences could be and understand whether the SVB closure is not the starting signal for a large-scale economic crisis, similar to the collapse of the legendary financial company Lehman Brothers was the starting point for the 2008 global crisis.
Indeed, there are reasons to draw parallels. Silicon Valley Bank is the largest (17th largest in terms of assets among American) banks that went bankrupt since the last crisis. At the same time, such unhealthy processes are developing in the American (and global) economy that the prospects for a severe recession are discussed by most economists in the format not “will it happen or not,” but “when it starts.” On the one hand, once again, as before 2008, grandiose bubbles are inflated in various markets: real estate, bonds, and so on.
On the other hand, the Western economy is now dealing with problems that it has not encountered for so long that it has forgotten about their existence: high inflation, the disruption of production and supply chains, a growing deficit, an inflated debt to astronomical proportions, rapid impoverishment of its own population, work in conditions of increasing base rates (it is worth remembering that the said insane debt is serviced at these very rates, and this is a corresponding burden on the national and family budgets). Here is the global de-dollarization, as well as the quantitative easing mechanism that saved the situation last time, but now has exhausted its effectiveness and now brings almost exclusively problems (that is, a printing press operating at breakneck speeds).
At the same time, according to a number of parameters, the situation is still somewhat better than what it was when it exploded last time. The same SVB, in terms of its scale and influence, is not even close to the backbone mastodon, which was Lehman Brothers: the "Californian" is a fairly niche bank, even though many financial and business structures turned out to be tied to it.
However, the general trends in the development of the situation are now much, much worse and more hopeless than fifteen years ago.
And the most important thing in what is happening is that by now the American economy has lost the main resource that was at its disposal. And it's not a dollar at all. America has lost the world's confidence in its economy, in its unsinkability and ability to emerge victorious from any, even the most severe crisis. America has lost the confidence of the world in itself as a whole.
As a result, there is a consensus outside the Western world that the collapse of the current global economic system led by the United States is inevitable, and this is no longer a matter of the distant future. And now there are two key tasks: firstly, not to let the dying hegemon get sick of himself in a desperate attempt to extend his existence in the familiar world for another period of time. And secondly, to have time to get rid of the maximum (economically, financially, structurally) from the system doomed to liquidation, so as not to go to the bottom along with the Titanic.
So while the Federal Reserve System, together with the White House, frantically plugs holes in the American economy, trying to delay the fateful moment, the rest of the "uncivilized" world is using this time to prepare itself for the inevitable. Well, whether the bankruptcy of SVB will be a trigger, or there is still time - Monday will show.
[American Thinker] The Federal Reserve and FDIC get call reports every quarter to show each bank's financial conditions. Those are public reports that the "experts" on Wall Street can also see.
The report for SVB, or, Silicon Valley Bank, for Sept. 30, 2022 showed that if SVB had to recognize the losses on its portfolio, it had negative equity. The reports also show how many uninsured deposits they have, which appear to be over 90% of their total deposits. These are not core deposits.
Essentially, when investment rates were near zero, SVB took in massive amounts of volatile deposits and invested in longer-term bonds. As inflation and yields started rising, the market value of the investments were tanking.
So why didn't the FDIC, and the Federal Reserve, start putting severe restrictions on SVB to protect the customers and the taxpayers since that is their main job?
Were they more focused on climate change and diversity than financial stability?
Heres what the bank looked like to market participants:
SVB’s Balance-Sheet Time Bomb Was ’Sitting in Plain Sight,’ Short Seller Says
So-called banking expert Sen. Elizabeth Warren, and other supporters of big government as the solution to everything, should be asked why the bureaucrats didn't spot that elephant in the room.
How many other banks have the same liquidity issues that SVB had? A huge number clearly have mark-to-market problems?
#1
To be fair to SVB, this is what every bank does. They take short-term deposits (like your checking account, which you can spend from whenever you feel like it) and invest in relatively longer-term assets. This is one of the ways that banks make money.
Managing this risk is the job of two departments: Risk Management (which generally is composed of the most clueless people in the bank) and Treasury(which generally has much sharper and more capable people.) If they fail to manage the risk properly, then...
But again, the fact that SVB did not get loans from the Fed but rather was seized outright by the FDIC makes me think something much more was involved here.
Posted by: Tom ||
03/12/2023 13:45 Comments ||
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#2
Risk Management (which generally is composed of the most clueless people in the bank)
LOL -- not only that, but merely having a Risk Management Department implies to the public that Risk is being "Managed", which is a pleasing illusion. Enron had risk managers every ten feet in the building and risk models that would give Einstein a headache.
The Am Thinker articles implies that the FDIC just sits back and reads call reports. There's a very remote chance that's true here, but I've seen situations in which the FDIC had examiners onsite permanently, and one big deal in which regulators attended board meetings and had substantial input. So I'd be interested in seeing how that shakes out here.
Posted by: Matt ||
03/12/2023 15:09 Comments ||
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#3
From the FDICs perspective they might not have much focus on a bank like SVB because the FDIC is only really on the hook for 3% of the deposits. This was not a mom and pop operation where the FDIC would be on the hook for 90% of deposits.
#2
Well, there, Tony Science, we'll be nice and just start out with Accessory to Murder.
That scumbag Fauci knew Remdesivir was a killer even before the flu that bears his name and Ebola patients given Remdesivir died not long after renal or liver failure or the lungs filling up with fluid. That was the protocol for covid that was rammed down many patients' throats. $$$
[NaomiWolf] My "Team" was Taken in By Full-Spectrum Propaganda
There is no way to avoid this moment. The formal letter of apology. From me. To Conservatives and to those who "put America first" everywhere.
It’s tempting to sweep this confrontation with my own gullibility under the rug — to "move on" without ever acknowledging that I was duped, and that as a result I made mistakes in judgement, and that these mistakes, multiplied by the tens of thousands and millions on the part of people just like me, hurt millions of other people like you all, in existential ways.
But that erasure of personal and public history would be wrong.
I owe you a full-throated apology.
I believed a farrago of lies. And, as a result of these lies, and my credulity — and the credulity of people similarly situated to me - many conservatives’ reputations are being tarnished, on false bases.
The proximate cause of this letter of apology is the airing, two nights ago, of excepts from tens of thousands of hours of security camera footage from the United States Capitol taken on Jan 6, 2021. The footage was released by House Speaker Kevin McCarthy (R-CA) to Fox News commentator Tucker Carlson. Read the rest at the link
Given credit as founder of 3rd wave feminism. Public Intellectual. Wrote extensively for several left pubs, e.g. The Nation.
Oddly enough she is anti vax to the point of incoherence. She thought the Covid vax was a software platform inside the body - that got her banned from Twitter back in 2021.
Posted by: lord garth ||
03/12/2023 0:34 Comments ||
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#2
People got banned from Twitter for "lesser offenses".
#4
My reputation is fine with the people I care about.
Posted by: M. Murcek ||
03/12/2023 8:50 Comments ||
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#5
The fact she and they were completely wrong, means nothing because she flat out says she's not going to change basically. She's just mouthing the words because it's had ZERO impact on what she really thinks.
#7
Maybe another step in her descent into right-wing madness. June 2021, Yahoo News worried -
The best-selling author and one-time Democratic Party insider has aligned herself with figures from the political far right.
At rallies for her 'Five Freedoms' campaign, Wolf has railed against vaccine passports, mandatory masks, and emergency laws.
Maybe just 'ahead of her time'.
Posted by: Bobby ||
03/12/2023 12:04 Comments ||
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#8
Airandee and Silentbrick have the truth of it.
This whole "almost there" movement is nothing but shtick. Call me when these people vote for and publicly support people not Democrats for election to public office.
Posted by: no mo uro ||
03/12/2023 13:13 Comments ||
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[IsraelTimes] One analyst calls China-brokered deal ’a clear diplomatic victory for Iran’ and ’a blow’ to Netanyahu, but others argue it may not be such terrible news for Jerusalem
Saudi Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. Fifteen of the nineteen WTC hijackers were Saudis, and most major jihadi commanders were Saudis, to include Osama bin Laden. Crown Prince Mohammed bin Salman quietly folded that tent in 2016, doing terrible things to the guys running it, and has since been dragging the kingdom into the current century... ’s surprise move to restore ties with Iran
Continued on Page 49
[News with Views] While God chose Israel, the Anglo Saxon people chose God. Thus they were greatly blessed , preserved and protected by God through hi mighty hand and outstretched arm. God’s blessings were echoed in the work of Alexis de Tocqueville, who stated in his book "Democracy in America" published in 1836, that "I searched throughout the land for the source of Americas prosperity and power. But I was at a loss until entered their churches. There, I heard righteousness thundering from her pulpits. Then I knew I had found the greatness of America. America is great because she is good. However if she ever ceases being good, she will cease being great."
In our history books of the nineteenth century, time after time were shown how the hand of God had supernaturally delivered Washington and his army from great peril to unlikely victories. How even in the midst of cold, hunger and despair, God made a way. These words greatly inspired subsequent generations, paving the way for the idea that America had a special place in God’s plan for the ages.
A Manifest Destiny to enlarge out nation from the Atlantic to the Pacific. To make America a beacon of hope to the world. At the beginning our founders in Rhode Island stated that it is the universal desire of our people, to create all that is Roman in Providence. Like in ancient times, the Roman armies matched under a banner with the letters SPQR meaning "For the Senate and People of Rome." They endeavored to be worthy and do likewise.
The Robber Barons of the late nineteenth century thought this great legacy and the Christian faith were the chief obstacles to their quest to obtain absolute power. So they laid careful plans to destroy both. Only a demonic indwelling could have driven these thirtyish families to singlemindedly pursue this goal of power and subversion generation after generation.
After several years of meetings in the smoke filled rooms of the gentlemen’s clubs and society functions, they decided on a multifaceted approach to their goal. Several of the elite chose to create their own universities. See notes. Others, like the Rockefellers, decided to create programs inside rural communities, especially among the minorities in the South.
[AlAhram] Militant Islamist violence in Africa set new records for violent mostly peaceful events and fatalities this past year. This continues a relentless decade-long upward trend. To give a sense of the accelerating pace of this threat, both violent mostly peaceful events and fatalities have almost doubled since 2019.
The threat is concentrated in five theatres: the Sahel, Somalia, the Lake Chad Basin, northern Mozambique and Egypt’s Sinai Peninsula. The Sahel and Somalia accounted for 77% of all such violent events in the past year.
In a recent Africa Center for Strategic Studies analysis, we found that there were 6,859 episodes of violence involving krazed killer Islamist groups in Africa in 2022. This is a 22% increase from 2021. Fatalities linked to these events shot up 48% to 19,109 deaths. This reflects a sharp rise in deaths per event.
Notably, the spike in violence was marked by a 68% increase in fatalities involving civilians. This figure is significant: these krazed killer groups are not focused on winning hearts and minds so much as intimidating local populations into compliance.
Continued on Page 49
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
[American Thinker] The Federal Reserve and FDIC get call reports every quarter to show each bank's financial conditions. Those are public reports that the "experts" on Wall Street can also see. 
