1797 🚨 The Fed and Treasury just became the FDIC (twitter.com) posted 83 days ago by Thankmelater 83 days ago by Thankmelater +1798 / -1 170 comments share 170 comments share save hide report block hide replies
They do whatever they want.
I was about to say, none of this can be constitutional, right?
something something tree of liberty something seomething water
but he that makes me a glowie
Glow on at this point. More silver bullion to be ordered.
the way i want the trree to be watered i am glowing more then hiroshima fukushima and chenrobyl combined! satelites can see me glow from space
The elephant's foot pales in its glow, it is unworthy to be in your presence.
But, like, dangerous game the feds would play by actually trying to incite patriots to act, because if that floodgate opens, they actually lose -- hard.
The military will fracture at all levels, and Americans have more weapons than any standing army. Not everyone is trained to be a crack shot, but imagine guerilla warfare on your own home soil, where there are millions, tens of millions of people fighting around every corner, and possibly even a hundred million more supporting them.
It's nothing like fighting sand people in the desert, where the government can commit war crimes with their murder sprees with absolute disregard for the innocent.
There will be women and children fighting, and when they try to drone, due to the density of neighborhoods they're committing (treasonous) war crimes every time they fire, which means support for them will continue to drop and more people will become resolute and picking up the fight.
America as a warzone is something no side should want.
But the federal government and military cannot win in that scenario. So what I'm saying is as a TL;DR:
Glowing feds are actually retarded if they think they want this fight. That fight would end America as we all know it, but it would also end their reign of the world.
One trigger that is a sure thing is killing Americans on American soil en masse by American military, police or third party military.
Once that genie comes out of the bottle it is ALL OVER for the aggressor. Talk about waking a sleeping giant. People who were sideliners or on the fence, will engage. They might be dumb as stumps and believe whatever the govt tells them to, but they have been sold an ideal of America and once that veil has been pierced, they will do anything to protect their home. Everyone and anyone will become a combatant. Open warfare in North America is not a theatre anyone wants to be involved in and once America goes off, then every other nation will explode with their own version. The world is on a precipice, it is just waiting for that last piece to fall.
Unless the silver is in your physical possession, it aint yours
He said bullion.
The headline is wrong. They have $25 b to help make depositors whole. This is enough to fund the difference between deposits and expected return of liquidated assets. There isn't enough to cover even one more failed bank.
Glow, Baby! GLOW!
(=' :') ~♥
What branch of government is the Federal reserve again?
Stop being so nosy.
Is this antiseptic?
I’m reporting you to the SPLC.
The federal reserve is as federal as federal express
As federal as federal ammunition
Except not on our payroll and retirement plan.
Our government is a branch of the Federal Reserve is more like.
They stole a Presidential election, they don't give a shit lol
The only way I can see this being legal is if they do it through the discount window at the Federal Reserve. The discount window is why during the 2007-08 crisis they were trying to get investment banks to merge with retail banks.
Essentially the Federal Reserve is the lender of last resort during overnight clearing operations. they could use the discount window to capitalize these banks but it would be unprecedented and ultimately not in keeping in the spirit of what the discount window is used for.
The New American Economy:
Promise 10% interest rate on money deposited and advertise "risk free" since they'll still get their deposits in full even when bank fails (not a bailout btw).
Invest deposits into risky assets with high return potential and pay depositors their interests
More deposits coming in due to promise of high interest rate
Higher stock price from more deposits
Pay myself a fat bonus and sell all my stocks right before bank failure
Bank fails from poor risk management, but depositors get their deposits in full (100% not their fault)
Repeat until the merry-go-round stops
I mean basically yeah. 2008 really opened the flood gates.
And the lead up to it was 100% the governments fault. Congress, both parties in the late 90's and early 2000s hauled bankers before congress and effectively said "make low interest rate loans to people with shit credit or we are going to fine you". Which is basically saying "voluntarily destroy your business". Wall Street bankers are some smart people so they said OK originated the mortgages then sold off the bundled bonds as mortgage backed securities as well as the risk associated with holding them. The dogshit traunches of these bundles were all put together into another CDO and magically a pile of shit all rated BBB or lower was AAA because of the magic of diversification. All this shit with no fucking regulation at all. I am not one who wants burdensome regulation but there has to be some.
Problem here though is that the regulatory agencies in the banking and securities markets is almost exclusively staffed by people deemed too stupid to work in a bank. So the people tasked with regulating Wall Street are literally the stupidest people on Wall Street. It's like Barny Fife vs. Lex Luthor.
The worst part was when the banks balked at being told to make risky loans Uncle Sugar told them don't worry, if the loans default the Treasury will create enough fiat money to bail them out and the taxpayers will pay it off through inflation. The banks saw free money and gave loans to people without income.
It worked out so well for everybody but us so here we go again.
It's blatant feudalism.
The current power structure isn't being allowed to fall, and we're being artificially enslaved with our own money.
It ends when we end it.
I hate economics, bullshit wrapped in bullshit sprinkled in bullshit deep fried in bullshit, served up hot on a plate of bullshit with a side of bullshit.
Economics is simply the study of the distribution of resources by humans each of whom have different needs/wants in the face of scarcity. Hating a discipline makes no sense.
That's like seeing napalm incinerate a village then saying "I Hate Chemistry" or seeing a nuclear device go off and say "I hate physics".
Regulation is only neccessary in this case as a result of government meddling. Had government not forced banks to give loans to unqualified borrowers the banks wouldn't have sought ways to offload the high risk debt they were forced to take on.
The best way to avoid dirty dealing is to keep things as simple and transparent as possible, the devil is in the details, more rules means more loopholes and the law always playing catch up. Opportunities for shady dealings exist in the complexity of the rules, seeking out ways to get around rules rather than operating under them becomes the way of doing business.
legal? billionaires asked fir bailout, theyll make it legal.
remember legality and morality are often not the same thing.
Discount rules were changed during China Virus scamdemic
Not technically - the legislature effectively gave carte Blanche to the exec office through the creation of the federal bank and various financial acts over the years to guard against economic collapse.
The legislature could revoke the powers and/or the fed - but won’t.
Does that include Ukraine? That is our most important deposit.
They do indeed. However, I think this SVB thing has farther reaching tentacles than have been so far disclosed. I'm not saying it's right, but just saying this combined with the FTX bullshit. Might be bigger than 2008. I follow this shit fairly close, in a macro sense, and shit has been defying logic more than normal recently.
Then we need to do what must be done. Death to the regime.
If a bank full of MAGA people had failed they’d be passing laws to nullify the FDIC. Must be so nice being Harry and Meghan and Oprah. JFC
You do not understand how the world works. It is the HVAC guys and welders' jobs to bailout British royalty and fat black wahmen who traffick African children.
But... what about Ukrainian refugees?
I'm sure they're being trafficked too- don't worry.
This is how you ensure the total subjugation of a population. Biased, selective enforcement by the regime that benefits ONLY its allies.
They usurped our power long ago.
The only reason they're doing this is 1) SVB is a woke bank heavily supporting major woke organizations & programs & 2) they have to stop mass panic runs on the banks because if they let them fail, it's a huge black mark against the Biden Administration & Democrats who are ruining America. Not even leftist idiots like losing all their savings.
This banking run is a great campaign commercial for the Republicans.
So in other words it will be ignored, and another 100B will be sent to Ukraine and our "greatest ally" Israel
We've given more money to Ukraine since the war began than we've given Israel during the last 80 years combined.
Israel needs to be nuked into oblivion
I agree Israel should be destroyed.
It's literally the only way to end this.
"They" believe the West must be destroyed, to fullfil their "prophesies", so they've artificially induced our demise, while claiming the most powerful victim card in existence.
As long as Isràel isn't an irradiated wasteland, the "chosen" will attempt to initiate Armageddon and build their Third Temple. They believe it must happen within 200 years, which is why they've taken TOTAL control over the financial institutions of every Western country.
We've been subjugated under their Abrahamic paradigm for over 2,000 years. We conceded way, WAY too much to the deceitful bastards. Emperor Constantine knowingly helped them destroy Europe. An insidious foreign theocracy was forced on us, which was later cemented by the Crusades (Gog & Magog...).
Haha as if voting for Republicans matter.
They need the existing banking infrastructure to implement CBDC. If there is a total bank failure their plans are set back a decade or two.
FDIC went from protecting citizens who lost everything due to gov't meddling during the great depression to protecting elites from losing everything due to gov't meddling.
That's the natural evolution of a government.
RISK ON!!! Now that there is no penalty for failure, the banks can invest in the riskiest of the riskiest securities!
And when they lose our money our taxes will cover it so we don't lose money.
It's literally the meme.
They'll invest in whatever their keepers tell them to invest in. Traditionally this was their depositors and creditors, but now it seems like the men in power in DC are the ultimate say in whether or not a bank survives another day.
Ding ding ding.
This is terrifying. They can fund all the dumbass shit they want, lose it all and then know it'll be covered. You think shit is woke now, just wait. There are no consequences for being dumb or woke with billions now and they signaled that.
Bingo. DIE investing just got the shot in the arm it needed.
Get woke, go rich!
It's called a controlled demolition.
((They)) ALWAYS get what they want.
They wanted two world wars and an "American Empire" they could use as a proxy to conquer both the East and West.
Now, the third world war will be used to utterly destroy America and its population, ushering in an era of total technocratic control for a tiny clique of megalomaniacal inbreds. China and Russia are meant to destroy us together, so it looks natural. That's the setup for our historic fall.
You mean like 911 which was a controlled demolition?
and then communism?
BREAKING: All counterfeit cash and any bad checks written by George Floyd will be retroactively covered by the FDIC.
Can he send them out posthumously?
You have owners... they OWN you. No one is saving us. We live in Idiocracy and it's going to get worse and worse until the system eventually overloads and we either become the wild west or some giant police state.
The Wild West was fucking great.
Let's bring it back
We live in gay China
It will be the latter.
Foreign predators will ensure it.
I fucking hate this world.
We already lost the war when we let them pretend a kid fucker who never got more than 3% of the votes got 81 million votes with less than 20 at all his rallies...He will bring down America all his pawns are in every agency and the constitution has been burned and the American people to dumbed down to realize they are in danger first worthless money then no food at grocery store then an invasion from South America into America to collapse it in the next 3 years or less right around the time no oil to move tanks and all missiles sent to Ukraine and primed for chop.
Gotta keep printing monopoly money aka fait.
We were doomed because of FDR, who switched us to fractional reserve banking, and Charles de Gaulle, who withdrew enough gold to force Nixon to either default on our debt or switch to fiat, to thank for this mess.
1913 needs to be repealed.
At the end of a 1913...
Signature bank failed over the weekend....
For general awareness, this twitter account is run by a known fraudster, extortionist, vandal, and sex offender named James Morrison.
the WSS drama was so overblown, but I subbed to SDC anyway
Happy Hawaiian did a very comprehensive due diligence on the guy. He basically infiltrated, took over, and tried to turn the community into a bait-and-switch to get people sucked into a classic pump-and-dump scam of some low-volume stocks.
dude’s trying to cause a bank run.
These Faggots are taking the whole ship down, we the people need trials because its impossible to have the government successfully try themselves.
"Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." ~John Maynard Keynes, 1919
John Lenin was a smart man
Smarter than Paul
It would be great if we could get everyone to just stop buying shit for a week or two...except small businesses. See what happens.
We are not eligible for bailouts.
Thus type of bailout compensates deposit-holders but (obviously) not bank shareholders.
Bank executives have little reason to be cautious in the future.
This will make owning shares in any but the biggest banks an extremely unattractive proposition.
The federal government will be able to nationalize these banks, with virtually no opposition, and use that power to oppress patriots further.
People seriously have no idea how much danger they're in.
The demonic banks are EVERYTHING to the cabal. They allow them to starve you at will and shape your economy into whatever hellish monstrosity they desire.
It's beyond sick, but those in power would call it "the natural order".
After all, if they can get away with all of this blatant corruption, what does that say about us?
Yup - money drives the world and they've been strategically concentrating and watering down wealth for over a century. The "money system" was made unnecessarily complex so the avg person doesn't understand it. The "trickling down" has slowed to a drip, but they're printing more money than ever - very little is making it down to the middle/lower class and it takes forever to propagate. The people controlling the money supply are evil geniuses..
Most people will realize how much money has been printed in the last few years when they start to struggle maintaining their lifestyle. Some will start to notice all the farms turning into overpriced shopping centers/apartment complexes and wonder how developers aren't struggling financially like they are. Some will start their journey down the rabbit hole and find that a small group of companies own everything and continue to thrive while conveniently being tied to powerful politicians, policies, and many of the things that they start seeing as contributing factors to their financial struggles. Still.. A majority of people won't look for answers until they can't reduce their budget any further, grocery shelves are empty, and everyone around them notice the same. By that time, it'll be way too late to do anything about it. Inflation/bailouts are being done strategically so a majority of people don't realize how much is being looted and kept at the top until the 1% own everything. We're distracted by materialism and things that don't actually matter while the world is being conquered
Sounds like a way to accelerate inflation
hmmm... I don't know what this means, but I will continue to move (as I have been doing for the past year) my stuff out of the big banks and into local banks, credit unions, and of course Bitcoin. I won't buy gold because when every single commercial is telling me to buy it (after years telling me to sell it), it sounds a bit suspect.
The money is made up anyway. I dont get how a bank goes under when play money could just be sent anywhere.
BOLSHEVIKS have their own Agenda. If you wake up thinking that you aren't blindly hated by Bolsheviks, you have lost the fight.
That means we’re boned.
guys. I have a bank, just give me your time, energy, and effort, and I'll give you paper bills with fancy surfaces and holographic prints - heck - every dollar is backed up by a digital currency based upon the gasoline used to power the machines... in the future these machines will create dollars out of thin air.
like they do now. But it'll be different.
Now give me your children. Now.
(This message brought to you by the FDIC - trust us. bitch.)
I think it’s time for everyone to file for bankruptcy.
Normies don't understand snark an sarcasm. I appreciate that scant media we have, but they should tell the story straight up.
Print baby print.
Easy to do when you have the printing presses.
They're just printing the money anyway, so who cares if the billions in lost money just gets reprinted and dilutes the money supply.
How the fuck can they just create a program of such size without Congressional authority? Who the fuck gives them this power?
Of course they have enough, just print more money on loan. Duh.
Its step 3 of the enforced CBDC plan
You've reached a new breaking point. What will we do.
Y’all just buy the dip and don’t worry about it.
ETA: Damn, my handshake is gone. That was half the joke.
Just print more...
I just don't think it means to them, what it means to me.