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In a brief statement Monday addressing the stunning collapse of Silicon Valley Bank and Signature Bank, Joe Biden sought to assure worried Americans that the U.S. banking system is in good hands. “Thanks to the quick action of my administration over the last few days, Americans can have confidence that the banking system is safe,” Biden said. “Your deposits will be there when you need them.” As he was speaking, the stocks of four other banks—First Republic Bank, PacWest, Regions and Western Alliance Bancorp—were halted for volatility. Biden faulted “the previous administration” for rolling back regulations that he claimed would...

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WASHINGTON, Saturday, March 13. Secretary CHASE left at 11 o'clock this morning for New-York. It has been known for several days that he required immediately $100,000,000 for the payment of requisitions lying upon the table. Before his departure a special meeting of the Cabinet was held, at which it was suggested by Mr. CHASE that $50,000,000 should first be obtained by twenty-year bonds, and the remainder in short bonds at as early a period as practicable. The Senate was in executive session over six hours to-day. The nomination of Gen. STEELE as Major-General, after a protracted and somewhat exciting debate,...

Americans will hold accountable those responsible for the accelerating degradation of the U.S. justice system as the government's J6 narrative collapses and their wrongdoing becomes apparent. The FBI agent squirmed on the hot seat. Confronted with messages the Justice Department attempted to conceal, Nicole Miller, one of the lead FBI investigators assigned to the Proud Boys case, was on the verge of admitting that the FBI monitored privileged communications between one defendant and his attorney in 2021. “It appears so,” Miller responded when asked by defense attorney Nicholas Smith on March 8 to confirm she and another agent discussed the...

@marklevinshow This is very disappointing. I’ll discuss on radio this evening. (RE: Ron DeSantis says protecting Ukraine is not a 'vital' U.S. interest)

At least 18 female guards in the U.K.'s "cushiest prison" have reportedly been fired or resigned amid a flurry of sordid sexual accusations — including claims of sex inside cells and one guard smuggling her underwear to an inmate. HMP Berwyn, which is also Britain's largest facility, has been hit with various claims of illicit affairs and inappropriate relationships between guards and inmates since it opened in 2017, with three former workers sentenced in a 2019 scandal, the Mirror reported. The publication obtained documents about the exits obtained through information requests showed the inappropriate relationships were more widespread than had...

Companies that rely on the gig economy model for workers scored a big win in courts Monday after an appeals court overturned a lower court ruling that previously found Proposition 22 illegal. Proposition 22 passed by a wide margin in November 2020, exempting app-based gig economy drivers from California’s terrible AB5 law and allowing them to continue to work as independent contractors. However, almost a year later, it was ruled unconstitutional by a California court. But a legal challenge to that ruling carried on, and a year and a half later, those app-based companies scored a victory, according to the...

About half the start-ups working to develop and scale up the newest clean energy technologies were banking with [SVB]...It was the go-to bank for clean tech start-ups...Before the collapse, the bank boasted that it financed or helped finance 62 percent of community solar projects in America.

Many people have described the emergency measures as a bailout and say that they mark a major shift in how the federal government deals with banking crises. Until now, only deposits up to $250,000 were insured under federal law. But the Sunday decision by regulators will protect all deposits made at SVB and crypto-heavy Signature Bank, which regulators wound down on Sunday, to avoid “system risk.” “We’ve changed the system,” economist Mohamed El-Erian, president of Queens’ College at the University of Cambridge, told CNBC’s Squawk Box on Monday. He also echoed Roger Altman, founder of investment bank advisory firm Evercore,...

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Russian president has sought 'alternative sources to replenish man power' It added: 'Last week there was a movement towards the Donetsk region of a train with reserved seats for transporting prisoners. One of the carriages [was for] convicted women.' And earlier this week, there were reports that Russia had moved women convicts to Kuschevka in Krasnodar region, close to the war zone. Here some female prisoners - released under a scheme linked to the war effort - were put to work as farm labourers in field as well as 'greenhouses and cowsheds', possibly deployed in supplying the military. Some had...

HAVE YOU SEEN THIS VIDEO? J6 Video shows a Capitol Police officer smiling and holding the door open while protesters PEACEFULLY enter.

Mayor Eric Adams is opening another two big emergency migrant shelters as the southern border crisis continues to push New York City to its limits — and President Biden has still not jumped in to help. One is set to open in Times Square’s vacant Candler Tower office building, which was once home to a 24-hour McDonald’s restaurant long billed as the busiest and most profitable of its kind in the US. But the landmark fast-food joint was shuttered during the city’s COVID-19 lockdown in June 2020 and the building’s owner, UK-based investment company EPIC, reportedly signed over the deed...

Norway's sovereign wealth fund had investments in SVB Financial Group and Signature Bank that were valued last week at a combined 2.8 billion Norwegian kroner ($263.3 million), it said Monday.

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Why are many LGBTQIA+ people far more likely than “straight cisgenders” to be socialists? In Isaiah 5:1–5, God offers the start of an answer:

Russia is reportedly preparing to deploy women prisoners to the front line for the first time. Due to heavy losses in the war, Vladimir Putin has sought ‘alternative sources of replenishment of manpower’, the Ukrainian armed forces general staff claims. ‘Last week there was a movement towards the Donetsk region of a train with reserved seats for transporting prisoners. One of the carriages [was for] convicted women,’ said a statement. Earlier this week, there were reports the Kremlin had moved female convicts to Kuschevka in Krasnodar region, close to the war zone. Here some female prisoners – released under a...

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"Silicon Valley Bank was in many ways a climate bank," Kiran Bhatraju, the founder and CEO of Arcadia, the largest community-solar manager in the country, told the New York Times. "When you have the majority of the market banking through one institution, there's going to be a lot of collateral damage." (WAAAGH) The fall of Silicon Valley Bank leaves a major financing gap for companies developing climate solutions like solar farms and carbon-removal technology. That could make it harder for startups to get funding and scale their operations. (WAAAGH) SVB's website says the bank worked with more than 1,550 clients...