Free Republic

Senator Elizabeth Warren (D-MA) Monday on MSNBC’s “The Rachel Maddow Show” claimed it was former President Donald Trump’s “bank regulation reliefs” that needed to be rolled back to protect against more banks collapsing like Silicon Valley Bank last week.Warren said, “The way to understand this crisis is that it has three players. The first is Congress and President Trump, who says, let’s weaken the regulation, which hit really hard. The second part is the regulators themselves and, in particular, the Fed and Jerome Powell, the chairman of the Federal Reserve Bank, who took that change in the laws and he...

Former President Donald Trump told Breitbart News exclusively that his forthcoming book will show readers that he has had a “very fascinating life” and that many of the powerful people who attack him now used to adore him before he ran for president.The book, titled Letters to Trump, is the former president’s second book release since leaving office in January 2021. The first one, Our Journey Together, was a collection of historic photos from Trump’s time in office. This book collects letters that Trump sent and received from interesting, famous, powerful, and influential people over the years, both during his...

As you know, Silicon Valley Bank has folded along with Signature Bank and a few other banks are showing signs of trouble. Predictably, Joe Biden- on whose watch his happened- immediately blamed Donald Trump. President Joe Biden blamed former President Donald Trump for the collapse of Silicon Valley Bank (SVB) and Signature Bank, attributing their demise to Trump’s rollback of some Obama-era policies. “During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank law to make sure that the crisis we saw in 2008 would not happen again,”...

A close family member of a victim who committed suicide under duress caused by the illegal and unconstitutional Jan. 6 probe is speaking out on the cold and callous behavior of Florida Governor Ron DeSantis. Matthew Perna committed suicide in March 2022 after being hit with a multitude of charges for peacefully protesting in and around the U.S. Capitol on Jan. 6. His aunt, Geni Perna stated in a recent interview that DeSantis ignores all of the calls from Jan. 6 whistleblowers who are speaking out against the injustices that are being perpetrated upon pro-MAGA patriots by the federal government....

She can break a tie in the Senate but, apparently, Vice President Harris has no such voting power during Netflix viewing debates at home. “Right now, it’s definitely Netflix and chilling,” Doug Emhoff, the Georgetown University Law Center instructor and Harris’s husband, told Cosmopolitan of the couple’s favorite date night activity in an interview published Monday. “It’s hard to go out, so we’ll sit there and try to find something to watch,” Emhoff said, “and it takes so long to find something to watch, so it’s like, ‘Eh, let’s just go to bed.’ ” Fifty-eight-year-old Emhoff, who opened up to...

More than $100bn has been wiped off US banks’ value as the collapse of Silicon Valley Bank continues to send shockwaves throughout Wall St. Trading was temporarily halted in dozens of regional banks this morning as shares fell by up to 75 percent, despite Joe Biden’s assurances that ‘US banking is safe.’ Major US banks were also affected by the crash as fear spread throughout the market, with Wells Fargo plummeting 7.5 percent, Bank of America falling 7.4 percent, Citigroup plunging 5.8 percent and JP Morgan down 2.7 percent. US President Joe Biden insisted that the system was safe after...

President Trump took a common sense approach to reinvigorating the American public education system on Monday in Davenport, Iowa, making a big promise that drew thunderous applause from thousands of supporters in the audience.“I will immediately sign a new EO to cut federal funding for any school that’s pushing critical race theory, transgender insanity and any other racial, sexual or political content on our children – THEY’RE CHILDREN,” he said.He also stated that he would “bring back parental rights into our school system,” hitting on an incredibly popular campaign policy that American parents have responded positively to since its introduction...

The reparations movement has gained tremendous ground in recent years by offering promises of compensation to the descendants of slavery’s victims in the United States. The proposal forms the centerpiece of the New York Times 1619 Project, which is now a multi-million-dollar docuseries on the Hulu streaming service. A reparations task force in San Francisco recently recommended $5 million payments to African-American residents, and several Democratic members of Congress have pressed the Biden administration to prioritize the same cause at the federal level. Reparations have even made their way into children’s programming, with a recent episode of the Disney cartoon...

Time Reflections Visualization Illustration of the experimental platform used to realize time reflections. (Andrea Alu) Walk through a maze of mirrors, you'll soon come face to face with yourself. Your nose meets your nose, your fingertips touch at their phantom twins, stopped abruptly by a boundary of glass. Most of the time, a reflection needs no explanation. The collision of light with the mirror's surface is almost intuitive, its rays set on a new path through space with the same ease as a ball bouncing off a wall. For over sixty years, however, physicists have considered a subtly different kind...

Lake Audubon a man-made lake in Reston may soon chart new waters with a new name. Reston Association’s Board of Directors has begun preliminary conversations to consider launching a community dialogue on potentially renaming the lake, which is named after 19th century artist and known enslaver John James Audubon. The move, pitched by director John Farrell, would kickstart a community dialogue on the possibility of a name change. Early next year, Farrell will host an exploratory meeting with area stakeholders to discuss whether or not there is interest in changing the name of the lake. “It seems to me that...

AIER’s Phil Magness joins AIER Senior Editor James Harrigan and Antony Davies on the Words & Numbers podcast to discuss how the 1619 Project gets the history of, and the relationship between, slavery and capitalism wrong. This is the second of a two-part episode. Find part one here (at https://wordsandnumbers.libsyn.com/episode-316-slavery-capitalism-and-the-1619-project-pt-1) [the link to the podcast is there in the body of the report]

The Treasury Department will allow members of the House Oversight and Government Accountability Committee to review Suspicious Activities Reports (SARs) detailing Hunter Biden’s bank records, committee chairman James Comer of Kentucky said Tuesday. The Oversight Committee initially requested in January that Treasury officials provide Biden’s SARs, which are taken by banks in accordance with federal law when deposits or withdrawals exceed $10,000 or may indicate criminal activity. Assistant Treasury Secretary for Legislative Affairs Jonathan Davidson responded that the Oversight Committee did not identify a purpose for the request. Comer believes that Treasury holds more than 150 reports on Biden. “After...

Tucker Carlson went there tonight — Tucker told his audience if people don’t start making lots of noise we’re going to see a government controlled digital currency. Tucker Carlson opened his show on Monday by discussing the banking crisis in the country today. On Monday morning trading was halted on 20 banks as the markets opened. The New York Stock Exchange halted trading at Charles Schwab. Tonight Tucker Carlson went there – pointing out that the federal government gained power after bailing out the Silicon Valley Bank. Tucker also warned that this banking crisis could lead to a national digital...

Garfield Avenue will be closed to all traffic periodically throughout the day. Newmark Avenue between Grandridge Avenue and Graves Avenue Ramona Avenue between Garvey Avenue and Garfield Avenue Harding Avenue between Ramona Avenue and Ynez Avenue McPherrin Avenue between Garvey Avenue and Graves Avenue Roselyn Place between Ramona Avenue and Roselyn Way Huntington Avenue between Harding Avenue and Grandridge Avenue Park Avenue between McPherrin Avenue and Ynez Avenue The president, who was in the San Diego area Monday, is expected to arrive at LAX around 11:40 a.m. He will travel to El Monte around 12:05 p.m. and will speak at...

The end of The Canadian Record’s print edition — even if temporary — is another indication of how perilous the news business is for local publishers and the communities they’re a part of. CANADIAN — Thursday arrived as usual in the Texas Panhandle. But a new edition of The Canadian Record, this gritty town’s definitive source of local news for more than 130 years, did not come with it. The green flag that told the townspeople that there was a new edition of the newspaper, usually 28 pages long and full of the words and photos of their neighbors and...

Moody's Investors Services, a credit rating system, put several banks on review for a potential downgrade following the collapse of Silicon Valley Bank (SVB). The Federal Deposit Insurance Corporation (FDIC) announced the closure of Silicon Valley Bank on Friday amid a run on the bank, a move that raised concerns about the potential of future bank collapses. Following that collapse, Moody's placed First Republic Bank (FRC), Zions (ZION), Western Alliance (WAL), Comerica (CMA), UMB Financial (UMBF) and Intrust Financial on review, meaning the banks are now perceived as more risky investments by lenders.

he acronym ESG (representing environmental, social, and governance criteria for investment and business metrics) gained mainstream attention in 2020, and has since been political fodder for those wishing to weigh in on wokewashing matters. The backlash over ESG has been strong, evidenced by the fact that anti-ESG regulatory developments have outpaced those that are pro-ESG over the past few years, largely due financial concerns over taxpayer dollars. The ESG industry, however, shows no signs of slowing down, and initiatives seem to be ramping up on a global scale. As such, it is worth considering how we got here, who is...

Leonard Leo, a leader of the right-wing Federalist Society, hopes to transform American culture the way he transformed the judiciary. As Donald Trump’s adviser on judicial nominations, he helped put Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett on the Supreme Court, making him central to the demise of Roe v. Wade. Now he wants to build a new organization helping reactionaries consolidate power in realms like Wall Street, Silicon Valley, journalism, Hollywood and academia. “I spent close to 30 years, if not more, helping to build the conservative legal movement,” Leo said in a video for the organization at...

In a harsh blow to an already-reeling sector, Moody’s Investors Service on Monday cut its view on the entire banking system to negative from stable. The firm, part of the big three rating services, said it was making the move in light of three key failures that prompted regulators to step in Sunday with a dramatic rescue plan for depositors and other institutions impacted by the crisis. “We have changed to negative from stable our outlook on the US banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley Bank (SVB), Silvergate Bank,...

Happy Anniversary, Francis. Can we get our Church back now?Ten years ago, I was standing outside of St. Peter's Basilica when the white smoke rose up over the roof of the Sistine. It was dark and rainy by the time we first heard that weird little voice I've since learned to loathe: "Buona Sera". As I looked up at him on the loggia, a feeling came over me that can only be described as debilitating dread mixed with a faint sense of the demonic. The South American Jesuit then said something about us "blessing him," and the next thing I...