Category: Joe Biden

Skousen: Overview of the Banking Crisis – What you need to know

On By Jeff FenskeIn $Money$ ToBeFree, Inflation$$$$$$, Joe Biden, Joel Skousen, Lying, Purpose of Feminism/'Gays'

In summary, it is very clear that the government is going to do everything within its money creation and regulatory powers to keep this banking system failure in check. The PTB even trotted out Joe Biden to tell Americans “the US banking system is safe” even as shares plummeted up to 74% in pre-market trading despite president’s guarantee scheme for SVB and Signature Bank.

The financial powers first had to halt all trading in bank stocks while they organized a stock intervention response so the “crash” of bank stocks was blunted. The fact that the “plunge protection team” had to intervene so forcefully to stop the run on bank stocks indicates the big boys aren’t ready for a market crash yet.

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World Affairs Brief, March 17, 2023 Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).

WHY THE CURRENT BANKING SYSTEM IS ALWAYS SUBJECT TO COLLAPSE

The collapse of three high-risk banking institutions this week may seem like an anomaly, but it’s not, considering the fragile nature of our banking system. All banks are inherently susceptible to bank runs because they, like insurance companies, are only required to keep a small portion of their assets in cash or liquid assets available for withdrawal within a short time. When cash funds are exhausted, banks must sell their most liquid assets, which are usually in the form of US Treasury bonds. When demands for withdrawal exceed a bank’s cash and liquid assets, the bank becomes insolvent—unless it can get other larger banks to give them some “bridge loans” at higher interest rates, which they just did for First Republic Bank. But they won’t be willing to do if the problem bank’s balance sheet contains too many weak performing loans. Silicon Valley Bank and Signature Bank both ran out of the foregoing options this week and collapsed, but what was different this week was that the Federal Reserve and FDIC stepped in and decided to bailout all depositors, most of which far exceeded the $250K cap on federal deposit insurance, in order to stave off a larger bank panic. While this may work in the short term, it sets a very dangerous precedent in that it is 1) illegal, 2) rewards risky bank speculation, and 3) it sets up a double standard for bailouts that the government can’t possible fulfill if more banks default. This week I will discuss the many reasons why SVB failed and why other banks are similarly vulnerable.

First, a Primer on Banking Continue reading “Skousen: Overview of the Banking Crisis – What you need to know” →

C-SPAN: resident Biden on Nord Stream 2 Pipeline if Russia Invades Ukraine: “We will bring an end to it.”

On By Jeff FenskeIn Joe Biden, Russia

Feb 7, 2022

During a joint news conference with German Chancellor Olaf Scholz, President Biden is asked about the Nord Stream 2 pipeline.

“If Russia invades, that means tanks or troops crossing the border of Ukraine again, then there will be no longer a Nord Stream 2. We will bring an end to it.”

When asked how, the president says, “I promise you, we will be able do that.”

 

Skousen: Media and Biden Keep Claiming 5 Police Killed on Jan 6 Protest — Not one was

On By Jeff FenskeIn Joe Biden, Joel Skousen, Lying

Joel Skousen’s World Affairs Brief, January 13, 2023  (http://www.worldaffairsbrief.com).

Joe Biden falsely claims “Five Police Officers Killed By Trump Supporters on January 6″ But that is not what happened.

Capitol Police Officer Brian Sicknick died a day after the attack, from two strokes at the base of his brain stem caused by an artery clot.

In the weeks after the attacks, four Capitol Police and Washington Metropolitan Police officers died by “suicide.” [Breitbart] -because either they knew about this pre-planned false flag operation against Trump or couldn’t live with it, or they were suicided because they knew too much and were going to talk. Here’s Tucker Carlson on these false claims.

Pretty in pink: CNN lightened ‘demonic blood-red’ background of Biden’s furious anti-MAGA speech

On By Jeff FenskeIn Joe Biden, Media Bias Exposed

CNN is being slammed after the network demonstrated that it has gone back to its propagandist leftist roots by gradually softening the hellish red backdrop of President Biden’s totalitarian “Soul of the Nation” speech to a less demonic pink.

The adjustment occurred mid-broadcast of the Thursday speech in Philadelphia where Biden called MAGA Republicans a threat to democracy. It transitioned around 8:15 p.m. slowly from blood-red to a gentler pink color. A shift that viewers noticed despite the slow adjustment.

The change appeared to only take place on CNN. The hellscape stayed in place on C-SPAN, CBS, AND MSNBC.

Rest of the story and video

Biden’s Anti-MAGA Speech 9/1/22 — Trying to stop a violent revolution by inciting one?

On By Jeff FenskeIn Joe Biden

Related: JP Sears – Reacting to Biden’s Creepy and Polarizing Speech!

NOTE: ‘MAGA’ means “Make America Great Again,” and gov’t agent provocateurs created the January 6th violence that did occur, and was tame compared to the government enabled BLM riots.

NSA knows everything! For those who think 1776 can work in 2022, please remember that everything you’ve said in all of your phone calls has been recorded for many years, and can be searched by the NSA at any time, along with everything you’ve ever written online privately or publicly.

Joe Biden bashes Americans, 9/1/22 [from transcript]. My comments in brackets:

“Donald Trump and the MAGA Republicans represent an extremism that threatens the very foundations of our republic. …

“And here, in my view, is what is true: MAGA Republicans do not respect the Constitution [false].  They do not believe in the rule of law [tyranny and vote fraud].  They do not recognize the will of the people [massive vote fraud]. …

“MAGA forces are determined to take this country backwards — backwards to an America where there is no right to choose [kill babies], no right to privacy [kill babies], no right to contraception [abortion pills], no right to marry who you love [marriage as defined by the Bible]. …

“That’s why respected conservatives, like Federal Circuit Court Judge Michael Luttig, has called Trump and the extreme MAGA Republicans, quote, a “clear and present danger” to our democracy. …

“MAGA Republicans have made their choice.  They embrace anger.  They thrive on chaos.  They live not in the light of truth but in the shadow of lies.…

“And this is a nation that rejects violence as a political tool.  We do not encourage violence [except BLM riots, gov’t provocateurs on January 6th, FBI raids and false flag terrorism…].

“Democrats, independents, mainstream Republicans: We must be stronger, more determined, and more committed to saving American democracy than MAGA Republicans are to — to destroying American democracy.

Continue reading “Biden’s Anti-MAGA Speech 9/1/22 — Trying to stop a violent revolution by inciting one?” →

5 Million Illegal Migrants Since Biden! | Video Shows Border Agents Opening Gate

On By Jeff FenskeIn Immigration Ethnoengineering Plan, Joe Biden

Fox News reported that Tom Homan, former director of ICE, predicted that by the end of this fiscal year on September 30, a total of 5 million migrants will have illegally entered the US in the two years that Joe Biden has been in office. He said that over 1200 migrants have died since President Biden took office. In addition, fentanyl is smuggled into the US via the open border, which contributed to over 100,000 Americans overdosing on drugs last year.

Continue reading “5 Million Illegal Migrants Since Biden! | Video Shows Border Agents Opening Gate” →

Biden plays Orwell, tries to redefine what ‘recession’ means – during this recession

On By Jeff FenskeIn $Money$ ToBeFree, Joe Biden, Lying

“All rulers in all ages have tried to impose a false view of the world upon their followers,” George Orwell wrote in “1984.”

On Thursday, the federal government is expected to release statistics revealing that the economy contracted in the second quarter. Since this will be the second quarter in a row that the economy shrank, that fits the established definition of a recession.

So true to Orwell, Team Biden is going to change the meaning of words.

Biden’s Council of Economic Advisors launched a preemptive strike against bad news with a blog post on the theme: “What is a recession?” Despite decades of top economists concurring on a definition, Biden’s appointees treat the topic like an arcane metaphysical dispute that requires a “holistic look at the data.”

Instead of admitting the economy is shrinking, Team Biden touts a test indicating that a recession is not underway unless “the three-month moving average of the unemployment rate rises by at least half a percentage point (50 basis points) relative to its lowest point in the previous 12 months.”

STORY

Dan Fagan: Joe Biden’s America – Disincentivized! – “The less you work the more benefits you get”

On By Jeff FenskeIn Dan Fagan, Joe Biden, The Soul of America, Why we're getting jacked

Why so many “Help Wanted” signs?

People can only get Obamacare, Obamaphone, food stamps, housing vouchers, etc. if low enough income.

“The less you work the more benefits you get. … That’s Joe Biden’s America.” – Dan Fagan, 7/28/22

“The people who are carrying the weight are getting fewer and fewer.” – Dan Fagan, 8/5/22

Biden scraps our sole weapon capable of blasting deeply buried targets, like China’s 3,000 mile Underground Great Wall (nuke manufacturing and storing tunnels)

On By Jeff FenskeIn Bomb Bomb America?, China, Joe Biden, Joel Skousen, Russia, The End of America?Leave a comment

Globalist traitor, Joe Biden  is intentionally weakening US deterrence.

Joel Skousen’s warns in World Affairs Brief, April 15, 2022:

Both Russia and China have deep underground nuclear missile bunkers and manufacturing and storage facilities that only this weapon can attack. Even our land based and sub-launched warheads can’t penetrate these hardened facilities—especially the huge underground bunker city Russia has built at Yamantau Mountain—which is estimated to be as big as the Washington DC metro area but underground.

Pentagon to scrap nuclear gravity bomb as part of Biden review

B83 was sole weapon capable of blasting deeply buried targets

Bill Gertz – The Washington Times – Monday, April 4, 2022

The Pentagon will eliminate the sole nuclear gravity bomb in the U.S. strategic weapons arsenal capable of blasting deeply buried underground structures as part of the Biden administration‘s review of strategic weapons policy, according to U.S. officials. …

Supporters of the B83 say it is still needed for deterring China, which has built a vast network of underground tunnels estimated to be 3,000 miles snaking throughout the country. The tunnel system, dubbed the “Underground Great Wall,” is used for producing and storing China‘s growing nuclear arsenal. … Continue reading “Biden scraps our sole weapon capable of blasting deeply buried targets, like China’s 3,000 mile Underground Great Wall (nuke manufacturing and storing tunnels)” →

Skousen: Biden Nominates a Woman Marxist as Controller of the Currency

On By Jeff FenskeIn $Money$ ToBeFree, Joe BidenLeave a comment

From Joel Skousen’s World Affairs Brief 10/5/21

Biden Nominates a Woman Marxist as Controller of the Currency

Saule Omarova’s academic work: “The People’s Ledger: How to Democratize Money and Finance the Economy,” written for Vanderbilt Law Review, is of particular interest. Here, she argues all bank accounts should be in – what she terms – “FedAccounts” to be monitored by the Federal Reserve. She’s a perfect fit for the Biden administrations attempt to allow the IRS to monitor all bank accounts. Here is a complete rundown of this radical by The Organic Prepper.