Posts Tagged ‘bank accounts’
United States Banking Crisis
Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and swift response by regulators to prevent potential global contagion. Silicon Valley Bank (SVB) failed when a bank run was triggered after it sold its Treasury bond portfolio at a large…
Another FDIC-Insured Bank Is Teetering, Closing at 27-1/2 Cents Yesterday, Down 96 Percent in a Year
BanksterCrime: By Pam Martens and Russ Martens: September 14, 2023 ~ There may be a lesson here: don’t put the word “Republic” in the name of your bank; don’t hold a lot of uninsured deposits; and don’t have wads of unrealized losses on your investment securities. If those lessons sound familiar, it’s because they played out in…
Grab an Easy Chair and Watch 21 Experts Explore the Path from the Collapse of Lehman Brothers to This Spring’s Banking Crisis to the Urgency of Defanging the Mega Banks
BanksterCrime: By Pam Martens and Russ Martens: September 12, 2023 ~ Dennis Kelleher, Co-Founder, President and CEO, Better Markets The outspoken nonprofit watchdog, Better Markets, and its co-founder, President and CEO, Dennis Kelleher, have planned a unique full-day webinar for tomorrow from 9:30 a.m. to 5:00 p.m. ET. (Register here at no cost. You do not need…
The Federal Reserve Is Just Trying to Play the Blame Game and Pass the Buck Onto Other Entities, so When the Crap Hits the Fan They Can Say, ‘We Told You So, in It’s the Fine Print, the Devil Is in the Details, It’s Not Our Fault You Know.’
BanksterCrime: “This problem seems likely, given the way Congress has behaved in recent years,” the Feds added. The Federal Reserve is warning that the United States faces a “dollar inflation uncertainty nightmare,” or hyperinflation in other words. It is no secret that the U.S. dollar’s purchasing power has vastly been diminished annually. To put things…
Watchman Expects Many Bank Failures: Accredited Weiss Research Predicts That 5,274 U.S. Banks Will Fail
BanksterCrime: “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…
Bad Banks,Bad Bankers,The Norm?
Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and…