Glitch McConnell New Record: 30 second freeze!!

by Chris Black US. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference. U.S. Senate Minority leader Mitch McConnell freezes again while speaking at a press conference pic.twitter.com/NyPIWytNeJ — BNO News (@BNONews) August 30, 2023 Bro has no idea where he is. How is he allowed …

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Breaking — Mitch McConnell freezes in public, again… Second incident this summer

The lead up: https://t.co/mOFVnTVsGn — Citizen Free Press (@CitizenFreePres) August 30, 2023 The highest positions of our government, on both sides of the aisle, are held by people who genuinely belong in a nursing home. How are we allowing this to happen? pic.twitter.com/wjIvkAOd2e — Chairman (@WSBChairman) August 30, 2023 Mitch …

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Credit Suisse posted $4 billion loss in second quarter, Sonntagszeitung reports, which cited insiders at the bank.

by Dismal-Jellyfish Source: https://www.reuters.com/business/finance/credit-suisse-posted-4-billion-loss-2q-sonntagszeitung-2023-08-27/ Credit Suisse, which is now a subsidiary of UBS (UBSG.S), posted a loss of 3.5 billion Swiss francs ($4.0 billion) in the second quarter of 2023, according to a report in the Sonntagszeitung, which cited insiders at the bank. Spokespersons for UBS and Credit Suisse declined to …

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Second Georgia State Senator announces his plan to impeach Fani Willis… State Senator Clint Dixon lays out his strategy…

Several Republican lawmakers are seeking ways to sanction Fulton County District Attorney Fani Willis after she brought criminal charges against former President Donald Trump and 18 allies. Trump backers are going after Willis using a new state law approved by Gov. Brian Kemp that creates a state commission with power …

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UK: If a second financial crisis broke today, we could not put the public balance sheet behind our banking system without expecting a run on the pound.

We cannot live with a decade of more of the same. Britain is extremely vulnerable to any mishap – a crack in the housing market, a crisis in the financial markets, another energy crisis. https://www.theguardian.com/commentisfree/2023/aug/13/uk-stop-kidding-ourselves-rich-nation-gone-bust  

Treasury: Dealer of Second to Last Resort

by Chris Black The Treasury’s new buyback program will have a humble beginning, but tremendous potential to become an essential tool with far reaching impact. Treasury first hinted at a buyback progra… Continue reading by subscribing. Username Password Remember Me     Forgot Password

Second poll shows Chris Christie leading DeSantis…

New Hampshire 2024: Trump holds 40-point lead for Republican Nomination Trump — 49% (+40)Christie — 9%DeSantis — 8%Scott — 6%Burgum — 4%Haley — 4%Ramaswamy — 3%Johnson — 2%Pence — 1%Hurd — 1% Emerson (A-) | RVs | 08/09-11https://t.co/w43LyS2AwD pic.twitter.com/nPiu72invS — InteractivePolls (@IAPolls2022) August 15, 2023

Conservative Alternative to Amazon, Public Square, Reports Second Quarter

WEST PALM BEACH, Fla., – PSQ Holdings, Inc. (NYSE: PSQH) (“PublicSq.” pronounced “Public Square”), a leading marketplace of patriotic businesses and consumers, today provided financial results for the second quarter ended June 30, 2023. Michael Seifert, Chairman and Chief Executive Officer of PublicSq., stated, “While so many companies are celebrating what …

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U.S. Bank lending on the decline! Commercial and Industrial loans slide for two weeks straight. Meanwhile, GDP up 2.4% last quarter? Is it sustainable growth or fueled by mounting debt? #Economy #BankLending #GDP #Debt”

by Dismal-Jellyfish Reminder, while banks have the liquidity fairy, ‘we’ get the promise of 2 more rate hikes this year, Atlanta Fed President Raphael Bostic yet again enrichens himself inappropriately from his position. What I want to talk about this afternoon is–Commercial and Industrial Loans, All Commercial Banks. What are Commercial and Industrial …

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Institutions to dump tech stocks in second half after best first half in 40 years. Hedge funds shift to bearish dollar bet, flipping 20,091 contracts to short

Retail gamblers are trapped. After the best first half for Tech stocks in 40 years, institutions are dumping Tech stocks in the second half.https://t.co/It9OGJH69b Retail gamblers are trapped. pic.twitter.com/9ApQOQSKeP — Mac10 (@SuburbanDrone) July 10, 2023 Microsoft has been the most consistently dominant company of the past two decades. pic.twitter.com/7FiBWGSeS5 — …

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DAVID HAGGITH: Fed talks “catastrophe.” JPMorgan talks “second wave” of banking collapses. History says the Fed NEVER makes it past the present depth of tightening — not ever!

via thedailydoom: San Francisco skyline | Photo by Patrick Perkins on Unsplash In the past, I’ve called this event the “Epocalypse” because it will be epic in scale and will eventually be seen as a new epoch in humanity’s economic history that will be apocalyptic in its level of economic destruction. That became the only thing Forbes ever quoted me on …

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Rebound in Rates Puts Pressure on Banks, Holdings of bonds and loans likely fell in value for most lenders in the second quarter

From the WSJ: Unrealized losses on bonds and loans held by U.S. banks are expected to have grown in the second quarter, potentially reanimating an issue that made investors nervous earlier this year. Meanwhile, pressure on profits is rising. A resilient economy and a steadier banking system caused market values …

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Fed Inferno! US M2 Money-Supply Growth Falls To Depression-Era Levels For Second Month In April (As M2 Money Velocity Remains Near Historic Lows)

by confoundedinterest17 It is truly a Fed Inferno! Money supply growth fell again in April from Jerome Powell And The Fed, plummeting further into negative territory after turning negative in November 2022 for the first time in twenty-eight years.  April’s drop continues a steep downward trend from the unprecedented highs experienced …

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Bank of America is monitoring purchases, emissions, abortions, Second Amendment rights, and ESG to potentially lock individuals and businesses out of banking services.

Bank of America is tracking emissions to reduce them to net zero, but this is troubling for those who want to unleash America’s energy capability. It means that financing will be easier to obtain if emissions are lower. via breitbart: “This is the worst woke story I’ve seen,” Fox Business …

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Top economist David Rosenberg warns of a ‘hard landing’ in the US economy in the second half of the year.

HOLD ON TIGHT: Top economist David Rosenberg says the US economy is a ‘dead man walking’ – and warns of a ‘hard landing’ ahead. “You look at the United States and it seems to me that we’re still making this transition from expansion to recession,” Rosenberg said. “I know it sounds …

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Silicon Valley Bank has failed. It’s the second largest bank failure in US history. Roughly 95% of Silicon Valley Bank’s deposits were FIDC uninsured.

SVB works with literally like half of all US VC-backed startups, and is similarly popular for their banking services in the UK and wider Europe. If they find they’ve lost any significant portion of their funding then we’re going to see a large wave of western start-ups wiped/ significantly hobbled …

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