Featured Story
By SRH,
By NWO Design, the Watchman Banks Are Failing. Republic First Bank in Philadelphia Was Too Exposed to the Real Estate Market, and the FDIC Has Taken Over,More to Come People!
By SRH, The New World Order folks continue to tear down our most important infrastructure,banking institutions,family,Churches Etc.
The publicly traded Republic First Bancorp (ticker FRBK), which operated as Republic Bank, failed quietly on Friday, the first federally insured bank failure of 2024, according to the FDIC. This federally insured bank was trading at 1-cent on Friday, down from 27-1/2 cents when we initially reported on its precarious state in September of last year.
Really, do Americans want to see a bank trading their life savings like a penny stock?
Since the program’s establishment in 1933, no depositor in a federally insured bank has ever lost a penny if they remain under the government’s insurance cap on deposits. At the moment, the insurance limit is $250,000 per depositor per bank. Still, the terms penny stock and bank deposit are not a desirable match, given public faith in the security and soundness of the American banking system.
On Friday, the FDIC disclosed a seamless transfer plan for depositors at the bankrupt bank:
“The FDIC entered into an arrangement with Fulton Bank, National Association of Lancaster, Pennsylvania, to take substantially all of the deposits and purchase substantially all of Republic Bank’s assets in order to protect depositors.”
The thirty-two branches of Republic Bank in New Jersey, Pennsylvania, and New York will reopen as Fulton Bank branches on Saturday (for branches with regular Saturday hours) or on Monday during regular business hours. Debit cards or ATMs to retrieve their money this evening and over the weekend. Loan customers should continue to make their regular payments, and Republic Bank will continue to process checks.
After gorged on tons of securities, loans, treasuries, and derivatives during the near-0% interest rate cycle, I had primed readers earlier this month to be ready for a new wave of banks, big, medium, and small, to start failing due to overexposure to CRE mortgages and other loans and contracts going sour due to higher interest rates. Well, here we are, hardly a month after I indicated that collapses would begin to occur.
HNewsWire: “The underlying financial weaknesses in the U.S. banking industry are widespread, and the FDIC’s newly expanded guarantee of all deposits does nothing to protect shareholders in bank holding companies, who could still lose most or all of their money,” the group said. Weiss Research Inc., one of the most accredited and well-respected independent rating agency, is sounding-off that an astronomical number of American banks will collapse because they are insolvent. According to this rating firm, after analyzing the books and balance sheets of the Federal Reserve and banking institutions, Weiss Research claims that a monstrous 5,274 banks and credit unions have the potential to collapse. To put the number into perspective, there is are 9,457 banks and credit unions in total exist in the United States. This is almost 56% of all the financial institutions in the U.S. According…Read More
Give the gift of great skin care. Our Soap and Shave Bars are gentle and produce a smooth creamy lather that is nourishing to your skin. They are handmade in small batches. We use only high-quality natural ingredients that you can pronounce. No chemicals, no sodium laurel sulfate, no phthalates, no parabens, no detergents. The set can include Soap Bar, Shave Bar, Shave Brush, and/or Shampoo Bar. These come in a white box and are perfect for your gift giving needs.
Our soaps are made with skin loving ingredients including olive oil, coconut oil, lard, sweet almond oil, shea butter, and castor oil. We do not use palm oil. Scented only lightly with fragrance oils.
The Shave bars give a very close and smooth shave with no razor burn. They leave your skin feeling amazing. A lather can be built up in your hands and then applied to your face, but it is best to use a shaving brush. These bars will only produce a thick foam when used with a shaving brush.
Our Shampoo Bars have a thick lather. A lather can be built up in your hands and then applied to your hair, but it is best to rub the bar gently in your hair. Rinse and repeat.
You choose a scent:
A Thousand Dreams is a whimsical blue scented in a warm mix of fruity and floral notes with peach, peony, lily, musk, sandalwood, and amber.
Bay Rum Spice is a nice masculine scent similar to Old Spice. The scent notes are clove, pine needles, cedarwood, orange, vanilla, and musk.
Birch Woods is a great outdoors-type scent. The notes are bergamot, patchouli, vetiver, and tonka bean.
Cool Clear Water is a refreshing scent. The notes are crisp water, oakmoss, pine, cedar, and musk.
Lavender Champagne has a wonderful scent of Lavender and Champagne and has a light purple color. The scent notes are lavender, sparkling Champagne, grapefruit, orange, thyme, oak, and amber.
Midnight Waters is a moody-mystical scent that opens with fruity notes of red berries, juicy tangerine, and bergamot. Then unfolds into bubbly Champagne, violet flowers, cashmere, amber, and musk.
Raspberry Vanilla is an all-time favorite fragrance for soap. It is a beautiful magenta color. The scent notes are raspberry, strawberry, lemon, coconut, peach, honeysuckle, plum, and vanilla.
Warm Sandalwood is a warm, rich, and woodsy scent. The colors are warm and rich with brown, gold, and white.
A Soap bar will weigh approximately 4 ounces and be approximately 2.25 inches wide by 3.5 inches tall and 1 inch thick. A Shave bar will weigh approximately 3 ounces and be approximately 2.5 inches across and 1.25 inches thick. A Shampoo Bar will weigh approximately 3.5 ounces and be approximately 2.5 inches across and 1.25 inches thick. Please keep in mind that our products are handmade and hand cut. Each bar is unique and might vary slightly in shape, size, design, and color from those pictured.
Please keep your Soap Bars, Shave Bars, and Shampoo Bars well-drained and allow to dry between uses. This will ensure longer lasting bars.
Allergen: Our products contain oil from tree nuts. Please test on a small area of skin prior to use and stop using if irritation occurs. Do not use if you are pregnant. Do not use on infants under the age of 24 months. Do not get in your eyes as it will sting slightly. GoShopping
Don't Miss
Government Debt Stood Above $33 Trillion in Fiscal Year 2023 America’s Runaway Debt Scenario: $1,000,000,000,000 In Interest
BanksterCrime: by Tyler Durden Authored by Petr Svab via The Epoch Times (emphasis ours), The U.S. federal government has borrowed so much money that, over…
Read More
Six Big Banks Forced to Declare $9.3 Billion in Additional FDIC Expenses; Another Reason Their Talons Are Out for FDIC Chair Gruenberg
2 Peter 2:19 ESV They promise them freedom, but they themselves are slaves of corruption. For whatever overcomes a person, to that he is enslaved.…
Read More
Sexual Harassment at FDIC, Banking Rules Have Changed–America’s “Moral Authority”? What Does That Even Mean Anymore?
BanksterCrime: By Pam Martens and Russ Martens: Senator Cynthia Lummis (R-WY) Last Tuesday the U.S. Senate Banking Committee convened for a hearing to take testimony from…
Read More
Google Is Every Bit as Evil as the German Companies That Helped the Nazis
BanksterCrime: Along with Microsoft, Amazon, and many other IT companies, Google also works as a government contractor. Technology now rules the nation, not the government.…
Read More
Last Year 12,000 Lobbyists Were Whispering in the Ear of Congress with a Bankroll of $4.1 Billion; Five Senators Are Demanding Transparency
BanksterCrime: By Pam Martens and Russ Martens: Yesterday, five U.S. Senators who are members of the Senate Banking Committee issued a letter to Gary Gensler, the…
Read More