From Common Dreams, 'This Is Scary': Financial Industry Panic Spreads as Credit Suisse Teeters, "Is this the next financial crisis unfolding? It feels like it may be—and all because of reckless increases in interest rates by central banks," When America sneezes the world catches a cold. Sundance at CTH, EU Central Bank Raises Rates Again Despite Weakened Banking Concerns – Supporting Climate Change and Assisting Central Bank Digital Currency Creation Most Important. At NRO, Yellen Admits CCP-Linked Silicon Valley Depositors Will Be Bailed Out by U.S. Banks, but wait, according to Beege Wellborn at Hat Hair, HOLD ON THERE: Yellen says not ALL deposits at ALL banks are "insured", only the 97% or so of uninsured deposits from Democrat friendly silicon valley.
Republican Sen. James Lankford of Oklahoma pressed Yellen about how widely the uninsured deposit backstops will apply across the banking industry.
“Will the deposits in every community bank in Oklahoma, regardless of their size, be fully insured now?” asked Lankford. “Will they get the same treatment that SVB just got, or Signature Bank just got?”
Yellen acknowledged they would not. . . .… Uninsured deposits, she said, would only be covered in the event that a “failure to protect uninsured depositors would create systemic risk and significant economic and financial consequences.”
At the Wombat's In The Mailbox: 03.16.23, Don Surber wonders is this The End of Banking? Spencer Brown at Town Hall 'That's a Lie': Janet Yellen Faces Grilling Before Senate Finance Committee and sundance has the video at Senator Bill Cassidy Confronts Treasury Secretary Janet Yellen on Biden Tax Proposal, “That’s a Lie ”, also, Kevin O’Leary Discusses How Small and Regional Banks Will Disappear With New Biden/Yellen Policy… Also at the the Wombat's In The Mailbox: 03.16.23, the Chicago Boyz go Behind the Banking Crisis, BattleSwarm has More On How SVB Screwed The Pooch and at Ame Great Angry Taxpayers Respond to Latest Bank Bailouts.
WASHINGTON—Today, the House Committee on Oversight and Accountability issued a memorandum revealing new evidence resulting from the investigation into the Biden family’s influence peddling and business schemes. Subpoenaed financial records show that from 2015 to 2017, Biden family members – Hunter Biden, James Biden, Hallie Biden, and an unknown “Biden” – and their companies collectively received $1.3 million in payments from accounts related to Rob Walker, a Biden family associate.
Notably, on March 1, 2017, less than two months after Vice President Joe Biden left public office, State Energy HK Limited, a Chinese company, wired $3 million to Rob Walker’s company. The next day, the company wired $1,065,000 to a company associated with James Gilliar, another Biden family associate. Afterwards, the Biden family received approximately $1,065,000 in payments over a three-month period in different bank accounts. From the bank records, it appears that the Biden family received approximately one-third of the money obtained from the China wire.
At the Wombat's In The Mailbox: 03.16.23, The Geller Report: TRUMP VOWS TO IMPLEMENT FOUR-YEAR PLAN ‘TO GAIN TOTAL INDEPENDENCE FROM CHINA’, also, New Documents released by Oversight Committee Show Red China Paid Millions to Biden Crime Family, Weasel Zippers: Report: Chinese Communist Party-Linked Company Funneled Over $1 Million To Biden Family Members. From Da Mail, Hallie is unmasked as the mystery THIRD Biden family member to receive China cash: Top Republican reveals Beau's widow and Hunter's ex got $35,000 in 2017 from $3M deal made by Hunter's associate.
At the Wombat's In The Mailbox: 03.16.23, Da Tech Guy: Joe Biden issued another gun grabbing Executive Order and at Da Fed, Internal Memo Shows Biden Admin Wanted To Ban Gas Stoves Before Public Backlash. At Hat Hair, Jazz Shaw reluctantly admits I guess dangerous train derailments DO happen "almost every day."
At the Wombat's In The Mailbox: 03.16.23, EBL notes DeSantis Deemphasizes War, Urges Peace Between Ukraine and Russia, Twitchy: DeSantis Pudding Story May End His 2024 Presidential Bid, Shark Tank: DeSantis Blasts COVID “Experts” Over “Woke Virus” Lab Leak Coverup and Victory Girls: DeSantis Organizing States to Push Back on ESG. Kurt Schlichter at Red State thinks DeSantis Is Right About Ukraine. At PJ Media, Stephen Kruiser sees DeSantis Notch Another Win Against the Woke Corporate Mob.
At Hat Hair, KT speculates Who would Trump choose as his vice president if he is the GOP nominee?. She rejects Kari Lake and MTG in favor of Elise Stefanik. At Politico, Marianne Williamson’s ‘abusive’ treatment of 2020 campaign staff, revealed "The self-help guru, who is running for president again, was emotionally and verbally abusive to staff, according to interviews with former employees." Just help yourself and quit.
Also from Kruiser, Democrats Continue Construction on Their High-Rise House of Lies. "Post-Trump, Democratic politics has been built on a foundation of three big lies: 1: Russia collusion/interference got Trump elected. 2: There was an insurrection in Washington on Jan. 6, 2021. 3: Joe Biden is a mentally competent, politically moderate voice of reason. The other lies — there is no mail ballot fraud, for example — get piled on top of the Big Three." Brandon Morse at Red State documents how Rand Paul Storms out of Committee Meeting After Dems Play Dirty With Firefighters' Jobs "According to Fox News, Paul got into it with Michigan Democrat, Senator Gary Peters after Peters blocked every Republican amendment to the Fire Grants and Safety Act. Paul was trying to introduce amendments to the bill that would make fire departments ineligible for federal grants if they fired anyone based on their COVID-19 vaccination status. Paul also introduced a bill to prevent funding the NIH for “gain of function” research on the coronavirus in Wuhan, China, and other labs."At the Wombat's In The Mailbox: 03.16.23, at Am Think JB Shurk thinks Elections Have Consequences; Stolen Elections Have Catastrophes, and at Da Fed, PolitiFact Tries To ‘Fact-Check’ A Federalist Article On Democrats’ Dark Money Election Takeover And Fails Miserably, Republicans Can’t Beat Democrats’ Election-Industrial Complex By Adopting Its Strategies. Sundance, Rasmussen Poll Shows 55% of All Voters Agree that DC Republicans Worked With DC Democrats to Keep Trump From Being Reelected in 2020.
“Woke” or “wokeness” refers to a school of social and cultural liberalism that has become the dominant discourse in left-of-center spaces in American intellectual life. It reflects trends and fashions that emerged over time from left activist and academic spaces and became mainstream, indeed hegemonic, among American progressives in the 2010s. “Wokeness” centers “the personal is political” at the heart of all politics and treats political action as inherently a matter of personal moral hygiene – woke isn’t something you do, it’s something you are. Correspondingly all of politics can be decomposed down to the right thoughts and right utterances of enlightened people. Persuasion and compromise are contrary to this vision of moral hygiene and thus are deprecated. Correct thoughts are enforced through a system of mutual surveillance, one which takes advantage of the affordances of internet technology to surveil and then punish. Since politics is not a matter of arriving at the least-bad alternative through an adversarial process but rather a matter of understanding and inhabiting an elevated moral station, there are no crises of conscience or necessary evils.At the Wombat's In The Mailbox: 03.16.23, Legal Insurrection: Florida “Stop WOKE Act” Remains On Hold As Appeals Court Refuses To Lift Lower Court Injunction, Arizona Launches Hotline so Parents Can Report Critical Race Theory, Other Woke Subjects in Schools, American Greatness: Federal Court Rules Against NY Worker Fired for Refusing to Attend LGBTQ Training.