Free Republic

there are no banking rules/laws in the Biden Fed/Treasury system. ... The Dodd-Frank laws are still on the books, but the FDIC decision to insure all deposits, regardless of size, now means those laws, rules and regulations are not required to be followed. Additionally, as a result of JPMorgan gaining another $100+/- billion in deposit assets, the law(s) surrounding the 10% U.S. deposit maximum, within too big to fail banks, no longer exists. Noted in the announcement, “JPMorgan Chase is assuming all deposits – insured and uninsured.” JPMorgan is also assuming assets consisting of $173 billion in loans and approximately...

The federal government has announced the COVID-19 Public Health Emergency will end May 11. In Wisconsin, case numbers, hospitalizations, and deaths from COVID-19 are significantly lower than they were during the surge in late 2021 and early 2022, and the Wisconsin Department of Health Services (DHS) has been making plans to move away from an emergency response to the virus. The federal public health emergency has been in place since early 2020, and it gave federal and state governments flexibility to waive or modify certain requirements in a variety of areas. Associated legislation provided funding and additional flexibilities to help...

If someone punches back once after being poked at repeatedly for months and months without consequence, who should get in trouble? Allison Arnall Davis recently went viral after her son Drew received out-of-school suspension for beating up another boy. On Facebook, Allison explains that she's not mad at Drew for doing what he did because the boy Drew beat up has been tormenting him for months. Her son finally fought back against the bully who has been torturing and threatening him while the school has sat back and done nothing. Allison's post has prompted an impassioned discussion about bullying, school...

Chicago voters lost Lightfoot, or perhaps better put, Lightfoot lost Chicago voters. The failure to keep children in schools and in effective learning environments undoubtedly played a big role in her political collapse, the worst in recent memory for Chicago mayors. Lightfoot herself counts that as a significant part of the “anger bubble” that pushed her out of office, and that also threatens to end the careers of other mayors of the COVID era. CNN’s Poppy Harlow points out this morning that Lightfoot went “head to head with the teacher’s union” over school shutdowns. Now Randi Weingarten wants to rewrite...

Yes, you read the headline correctly. Collectively, the three big banks that have collapsed in 2023 had more assets than all 25 banks that collapsed in 2008 did. Unfortunately, the banking collapse of 2023 is far from over. We still have eight more months to go before this year is done, and many more banks are currently teetering on the brink of disaster. Executives at those banks are telling us not to worry, but of course executives at First Republic were issuing similar assurances just last week. Personally, I had heard that First Republic supposedly had enough reserves to keep...

Listen to this article 0:00 / 3:36 1X BeyondWords Think Biden administration regulators have it in for gas stoves? Just wait until you learn what they have in store for air conditioners. In fact, many homeowners are already finding out first hand. It’s all part of team Biden’s prioritization of climate change policy over the interests of consumers. Now that air conditioning season is commencing across most of America, nearly 100 million homeowners are turning on their systems for the first time since last summer, hoping they get cold air. Those that don’t will need repairs, which may require replacing...

1863: During day two of the Battle of Chancellorsville, Gen. Thomas J. “Stonewall” Jackson is shot by a Confederate sentry while performing a leaders-reconnaissance mission. Following the amputation of Jackson’s shattered arm, Confederate Gen. Robert E. Lee will lament, “He has lost his left arm, but I have lost my right arm.” The revered Jackson will die in eight days of pneumonia. 1945: Members of the 82d Airborne and the 8th Infantry Division liberate the Wöbbelin concentration camp in northern Germany. The Nazis allowed the 5,000 inmates to starve, and U.S. soldiers found some 1,000 dead upon arrival. Conditions were...

Chicago’s response to a growing immigrant crisis has turned police stations into makeshift shelters where asylum seekers have been provided with expired meal rations and where infections and infestations are a common problem. Outgoing Mayor Lori Lightfoot has taken aim at Greg Abbott, the Republican governor of Texas who has been sending immigrants to Chicago and other sanctuary cities as a response to President Joe Biden’s border policies. In an open letter Sunday, Lightfoot told Abbott that her administration was aware he planned to resume busing immigrants to Chicago and other cities on Monday, noting that 8,000 have already been...

The U.S. recommitted to a security pact with the Philippines on Monday as concerns grow about China’s influence in the Pacific. Both President Joe Biden and leader Ferdinand Marcos Jr alluded to pressure from Beijing in a White House visit. The trip marks a sharp turnaround after a decade of icier relations with Manila. "The United States also remains ironclad, remains ironclad in our commitment to the defense of the Philippines, including the South China Sea. And we are going to continue to support the Philippines' military modernization goals." A joint statement said new guidelines for stronger military ties meant...

The Bible In Paintings ~ Encouragement for Applying and Appreciating God's Word ~ •Drawings•Engravings•Facades•Frescoes•Illuminations•Miniatures•Mosaics•Photographs•Reliefs•Statues•Tapestries•Windows• PAUL’S LETTER TO THE ROMANS, CHAPTER 1 1Paul, a servant of Christ Jesus, called to be an apostle and set apart for the gospel of God— 2the gospel he promised beforehand through his prophets in the Holy Scriptures 3regarding his Son, who as to his human nature was a descendant of David, 4and who through the Spirit of holiness was declared with power to be the Son of God by his resurrection from the dead: Jesus Christ our Lord. 5Through him and for his name’s...

The New England Journal of Medicine has been strongly criticized for publishing an academic paper calling for medical students to be taught in racially-segregated groups, with the idea condemned as 'morally abhorrent'. The article, written by seven academics, doctors and students at the University of California, San Francisco, was published by the esteemed journal on April 27. It calls for 'new approaches' to teaching - namely, dividing students based on the color of their skin. 'The approach tailors areas of focus to each identity group to supplement and differentiate the education received in racially integrated spaces, enabling participants to progress...

<p>LORDSTOWN, Ohio - Lordstown Motors warned that it is in danger of failing as the electronics company Foxconn wavers on a $170 million investment in the commercial electric vehicle startup.</p><p>The Ohio company said in a regulatory filing on Monday that it had received notice from Foxconn on April 21 that it was in breach of their investment agreement because it had gotten a delisting warning from Nasdaq two days earlier.</p>

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Is the GOP becoming a dysfunctional chatroom? In economics, Gresham’s law on currency markets holds that “bad money drives out good.” That principle also applies to the comment sections on online sites. In comments sections — including such mega-versions like Twitter — the nastiest commenters post more, and more obnoxiously, than the decent ones until, eventually, the decent folk just decide not to hang out anymore. The only remedy for this is comment moderation, where grown-ups in charge try to thwart the trolls lest they lose their more valuable customers. In Tim Miller’s book, “Why We Did It,” the former...

JUST IN: DeSantis vows to outlaw CBDC, resist federal government if unilaterally authorized by Federal Reserve or Treasury"They want to get rid of crypto [...] In Florida, we'll have a prohibition against [CBDC to make sure] we don't have a financial surveillance state." (video in link below) https://twitter.com/FLVoiceNews/status/1653387572289187842

White House press secretary Karine Jean-Pierre on Monday discussed the brutal slaying of five people in Texas without noting the fugitive accused of the heinous crime is an illegal immigrant who had previously been deported four times. During her daily briefing, Jean-Pierre provided an update on the manhunt currently underway for 38-year-old Francisco Oropesa, the Mexican national accused of gunning down five people – including a nine-year-old boy – inside a home in Cleveland, Texas, last Friday. The White House spokeswoman called for more stringent gun control measures – but not immigration controls – in the wake of the tragedy....

The Navy brought on an active-duty drag queen to participate in a pilot program aimed at reaching a wider audience through popular social media platforms as the military faces severe recruiting woes.

A few days ago, the Minnesota State Senate passed, and Gov. Tim Walz signed into law, the Trans Refuge Act, a piece of legislation that allows the state to remove children from parents opposed to the LGBT agenda — specifically the sexual mutilation, exploitation, and abuse of children under the banner of “gender-affirming” care.

(Daily readings from the USCCB)Jesus walked about in the temple area on the Portico of Solomon. So the Jews gathered around him and said to him, “How long are you going to keep us in suspense? If you are the Christ, tell us plainly.” Jesus answered them, “I told you and you do not believe.” John 10:24–25Why is it that these people did not know that Jesus was the Christ? They wanted Jesus to speak “plainly” to them, but Jesus surprises them by saying that He already answered their question but they “do not believe.” This Gospel passage continues the...

California’s official reparations task force has estimated that black residents of the state are owed $1.2 million each in compensation for the legacy of slavery, even though the state entered the Union as a free state in 1850. The committee, signed into law by Gov. Gavin Newsom (D) during the height of the Black Lives Matter panic in 2020, released an interim report last year backing reparations and proposing separate black schools, among other proposals. Though it narrowly decided that only those black residents who could trace their roots to Southern slaves should be eligible for reparations, it has determined...