Free Republic

BOTTOM LINE: SVB invested too much of its capital in U.S. government-backed bonds and then became a victim of the government’s irresponsible policies. Silicon Valley Bank (SVB), the 16th-largest bank in the U.S., collapsed last Friday, becoming the second-largest bank failure in U.S. history after the downfall of Washington Mutual in 2008. Unlike Washington Mutual, SVB’s failure is not due to reckless lending but has much to do with our government’s monetary and fiscal policies. Headquartered in Santa Clara, California, SVB was once the largest bank in Silicon Valley. Its geographical location meant that most customers were tech startup entrepreneurs...

The DeSantis administration is revoking the Hyatt Regency Miami's alcohol license after one of its facilities hosted "A Drag Queen Christmas" with minors present in the audience. According to the complaint, "A Drag Queen Christmas" updated its advertising to say that the show contained "adult content" and was recommended for people 18 and up, unless accompanied by an adult. The Department of Business and Professional Regulation filed a 17-page complaint Tuesday against the show's venue, the James L. Knight Center, which is affiliated with Hyatt. The department said performers were "wearing sexually suggesting clothing and prosthetic female genitalia," as well...

May 1, 1999 - Future Visions On this page statements of Alois Irlmaier are listed, which refer to a big war in the future. Conrad Adlmaier got these statements when discussing with Alois Irlmaier and published them later. In addition also statements are listed, which Conrad Adlmaier did not publish in his books, but indicated to a third person orally. In these statements Alois Irlmaier shows an almost precise description of a large battle in the future. What causes the war? "Everything calls peace, Schalom! Then it will occur - a new Middle East war suddenly flames up, big naval...

Explanation: Stars are forming in the Soul of the Queen of Aethopia. More specifically, a large star forming region called the Soul Nebula can be found in the direction of the constellation Cassiopeia, whom Greek mythology credits as the vain wife of a King who long ago ruled lands surrounding the upper Nile river. Also known as Westerhout 5 (W5), the Soul Nebula houses several open clusters of stars, ridges and pillars darkened by cosmic dust, and huge evacuated bubbles formed by the winds of young massive stars. Located about 6,500 light years away, the Soul Nebula spans about 100...

President Trump promised to hit China where it counts on Monday night, vowing to implement a policy plan that would elevate the power of American trade and phase out Chinese imports.Trump’s comments were made during remarks delivered in Davenport, Iowa. “I will implement a four-year plan to phase out all Chinese imports of essential goods and gain total independence from China,” he said, drawing cheers of support from the crowd.He also promised to “hold the Chinese Communist Party for unleashing the China Virus upon the world.”President Donald J. Trump "I will hold the Chinese Communist party accountable for unleashing the...

Twitter users expressed a combination of shock, outrage and amusement after ex-White House press secretary Jen Psaki applauded her former boss, President Biden, for giving public remarks at 9 a.m. despite typically "doing nothing" at the start of regular business hours. "It's important to note, President Biden does nothing at 9:00 a.m. He is a night owl," Psaki told MSNBC's "Morning Joe" on Monday. "So, the fact that he is doing this at 9:00 a.m. anyway speaks to how vital the White House recognizes it is for him to have his voice out there." Psaki was referring to Biden on...

Looking ahead to 2024, President Donald Trump still has the power and pull to draw Americans far and wide to campaign events. Widespread enthusiasm for the MAGA movement was demonstrated this week in the polls and at an Iowa policy meeting held in Davenport, as thousands of Americans showed up to support the “People’s President.”President Trump spoke to supporters at the Adler Theater, delivering remarks to more than 3,500 people, while 1,200 to 1,500 more people waited outside, braving freezing Iowa temperatures.The enthusiasm from local Iowans for President Trump’s campaign event, which was largely focused on his America First education...

President Donald Trump detailed part of his 2024 presidential plans to continue draining the D.C. swamp in a video released to the nation on Tuesday.The 45th president is strongly concerned about the Biden administration’s mishandling of foreign relations. “World War III has never been closer than it is right now,” stressed Trump. However, he did not identify a problem without proposing a solution to broker peace. “We need to clean house of all of the warmongers and America’s last globalists in the deep state, the Pentagon, the State Department, and the national security industrial complex,” Trump said. Qualifying his expertise,...

The DeSantis administration stripped a major Miami hotel of its liquor license after hosting a Christmas-themed drag queen show in December with children present despite warnings. The Florida Department of Business and Professional Regulation warned the Hyatt Regency Miami against hosting a "sexually explicit show with children present," but the hotel did anyway, according to a statement from Florida Gov. Ron DeSantis's office. "Therefore, the Department is revoking the venue’s license for the sale and consumption of alcoholic beverages," the statement adds. "Sexually explicit content is not appropriate to display to children and doing so violates Florida law. Governor DeSantis...

WASHINGTON -- A Russian Su-27 fighter jet intercepted and struck the propeller of a U.S. military MQ-9 "Reaper" surveillance drone on Tuesday, causing it to crash into the Black Sea, in the first such incident since Russia's invasion of Ukraine over a year ago. NATO's Supreme Allied Commander Europe, U.S. Army General Christopher Cavoli, briefed NATO allies about the incident, which was roundly condemned by the White House and the Pentagon -- which warned of the risk of escalation. Two Russian Su-27 jets carried out what the U.S. military described as a reckless intercept of the American spy drone before...

Well, the banking fiasco CREATED BY THE FEDERAL RESERVE is still with us. Why? Because the FDIC guaranteed deposits above $250,000 for the first time in history, bailing out millionaires/billionaires. I call this Crony Socialism (but I repeat myself). Congress doesn’t understand banking, only how to spend money.

Former Rep. Pat Schroeder, who was a pioneer for women’s and family rights in Congress, died Monday night, her former press secretary said. She was 82. She represented Colorado's 1st Congressional district from 1973-1997.Andrea Camp, Schroeder's former press secretary, said the former lawmaker suffered a stroke recently and died at a hospital in Celebration, Florida, where she has been living in recent years."Pat Schroeder blazed the trail. Every woman in this house is walking in her footsteps," said Rep. Nita Lowey, D-N.Y.

[Catholic Caucus] Vatican data shows ‘uninterrupted decline’ in vocations since Francis became pope in 2013L’Osservatore Romano reported an 'uniterrupted decrease' in the number of seminarians, which had continued since 2013.As Pope Francis’ 10 year anniversary upon the papal throne is welcomed by his loyal supporters, the Vatican has released data showing the number of seminarians has continued the steady decrease which began in 2013.On March 3, the Vatican’s daily newspaper L’Osservatore Romano published the latest statistics on the state of the Catholic Church across the world. The data is from December 2021.According to the data, the number of Catholics globally...

https://rumble.com/v2d1by8-rfk-jr.-drops-mother-of-all-bombshells-faucis-developed-bioweapons-for-pent.html 3 MIN

Decades after dozens of missionary kids suffered physical and sexual abuse at the Christian Academy of Japan (CAJ), mission agency leaders associated with the Tokyo school fell prostrate on the ground to perform dogeza, Japan’s deepest form of apology. The 13 leaders met with victims at a private retreat in Colorado last fall to hear their stories and offer a formal apology. “On their knees, heads on their hands, sobbing,” recalled Janet Oates, a 1963 alum of the academy, which was founded in 1950 as a boarding school for missionary children. “Alumni were sobbing too … one moment of justice.”...

Sen. Marco Rubio (R-Fla.) said on Tuesday that the ongoing Russia-Ukraine war is not a “territorial dispute,” pushing back against remarks made by his home state Gov. Ron DeSantis (R) on the matter. In a questionnaire sent out by Fox News personality Tucker Carlson to potential 2024 presidential candidates, DeSantis said “becoming further entangled in a territorial dispute between Ukraine and Russia” was not among the United States’ “vital national interests.” During an appearance on the “Hugh Hewitt Show” on Tuesday, Rubio was asked about those remarks from DeSantis. “Well, it’s not a territorial dispute in the sense that any...

Former White House press secretary and MSNBC host Jen Psaki said Monday on CBS’s “The Late Show” that Fox News host Tucker Carlson treats his audience “like they are stupid.” Colbert said, “Let’s talk about the people who clearly had a cozy relationship with power, and that’s Fox News.” Psaki said, “I heard there are some developments.” Colbert said, “We are learning more about what is going on behind the scenes there. It’s not surprising, but it is unsettling to hear about.” Psaki said, “It’s a little bit more than unsettling, wouldn’t you say? I’ve watched you — I know...

Keller’s theology has a lot in common with the New Apostolic Reformation’s “Seven Mountain Mandate” which teaches that Christians are called to take over seven “areas” of culture and Christianize them in order to “redeem” the culture. Keller’s twist on this is that Christians need to “redeem” the urban cities by a similar methodology. Keller’s view is largely rooted in his social justice gospel–a false gospel that has been thoroughly refuted.

Existing thought in the orthopedic world is that treating a bunion with the minimally invasive procedure MISB may make a person's flatfoot worse. A new study shows that this procedure does not make flatfoot worse in people with asymptomatic flatfoot and may even improve the condition. "Because of the way bunion correction is performed with MISB, there is thought that it may not help stabilize the foot in the same way that more extensive, open procedures performed at the midfoot do," said Anne Holland Johnson, MD. "When someone has a flatfoot deformity, which is essentially a fallen arch, the idea...

The Texas House of Representatives is continuing its pattern of passing controversial resolutions, voting unanimously to honor lesbian, gay, bisexual, and transexual chambers of commerce. . . . the resolution was approved unanimously by a record vote, after it was packaged alongside nearly 200 other resolutions. Specifically, the resolution honors the Austin, San Antonio, Houston, and North Texas Chambers of Commerce, citing their leftist legislative agenda: The “comprehensive nondiscrimination legislation” referenced by the resolution refers to proposals that would allow men in women’s restrooms or prevent employers and businesses from practicing their Religious beliefs. When he was chair of the...