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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...

Over the weekend, amid populist howls of outrage that a bailout of SVB would promote moral hazard (in the end depositors did get bailed out with a full recovery, but other unsecured creditors oddly enough would get nothing, while the common stock is a doughnut), we said that while technically true, the events that toppled SVB and now SBNY as well, are really a subsidy for the big banks.Many view what's happening as a question of moral hazard and a bailout of small banks. It's really a subsidy of big banks: JPM was solidly green in Friday's rout https://t.co/GAlJJ2iSLI —...

March 11 (Reuters) - The U.S. Federal Reserve and the Federal Deposit Insurance Corp are weighing the creation of a fund that would allow regulators to backstop more deposits at banks that run into trouble in the wake of Silicon Valley Bank's collapse...

The Swiss Federal Court in Lausanne has found former leading members of the right-wing Swiss People’s Party (SVP) guilty of racism over a poster used in its mass immigration initiative campaign in 2011. It upheld an earlier ruling that former SVP secretary-general Martin Baltisser and his deputy Silvia Bär violated anti-racism laws with an advert claiming that “Kosovars slash the Swiss”, according to media reports. The advertisement claiming that “Kosovars slash the Swiss” was used as part of the SVP’s campaign in its successful “stop mass immigration” initiative. […] The country’s top judges said that most readers would have understood...

The anti-immigration Swiss People’s Party (SVP) won the biggest share of the vote in Sunday’s national parliamentary election, initial projections showed, keeping pressure on Bern to introduce quotas on people moving from the European Union. The result, based on initial projections by Swiss TV, gives the SVP 65 seats in the 200-member lower house of parliament, the largest number for any Swiss party in at least a century. The SVP’s success, coupled with gains made by the pro-business Liberal Party (FDP), led political commentators to talk of a “Rechtsrutsch” – move to the right – in Swiss politics. Immigration was...

Around 25 activists from the "Black Sheep" group invaded the garden of the Swedish ambassador in Berne Friday, demanding political asylum in the wake of Sunday's victory by the right-wing populist Swiss People's Party (SVP), the Swiss news agency ATS reported. The group's name refers to a controversial campaign poster used by the SVP during the election depicting three white sheep on a Swiss flag booting out a black sheep. The SVP – which campaigns against illegal immigration, asylum abuses and demands the repatriation of foreign criminals – came out of Sunday's Swiss elections the comfortable winner, with 29% of...

SCHWERZENBACH, Switzerland: The posters taped on the walls at a political rally here capture the rawness of Switzerland's national electoral campaign: Three white sheep stand on the Swiss flag, as one of them kicks a single black sheep away. "For Greater Security," the poster reads. The poster is not the creation of a fringe movement, but of the most powerful party in Switzerland's federal Parliament and a member of the coalition government, an extreme-right party called the Swiss People's Party, or SVP. It has been distributed in a mass mailing to Swiss households, reproduced in newspapers and magazines and hung...

GENEVA: Right-wing politicians from Switzerland’s largest political party on Thursday launched a campaign for a referendum to ban the construction of minarets on mosques, claiming they symbolised an Islamist bid for power. The group, including more than half of the Swiss People’s Party’s (SVP) parliamentarians, said in a statement that a ban would help stop “attempts by Islamist circles to impose a legal system based on the sharia in Switzerland”. Some of the politicians said they did not oppose mosques or Muslims’ right to worship. The Swiss constitution guarantees religious freedoms and the legality of the initiative was questioned by...

Rightwing party wins Swiss poll Alison Langley in Zurich Monday October 20, 2003 The Guardian (UM) The rightwing Swiss People's party scored big gains in national elections yesterday, capturing 28% of the vote on an anti-immigrant platform and throwing into disarray the coalition government that has ruled Switzerland since 1959. It edged out the left-leaning Social Democrats to become the biggest party in the lower house of parliament, a Swiss television projection showed. The Social Democrats took 24% of the vote, up 1.7 points, while the Greens won four more seats. Both centrist parties came under pressure, with the liberal...

Swiss right in political avalanche SVP leader Christoph Blocher wants a cabinet seat The far-right Swiss People's Party (SVP) has won the biggest share of the vote in parliamentary elections, throwing a decades-old system of consensus government into turmoil. The party won 11 extra seats in the lower house of parliament, taking its total in the 200-member parliament to 55. Exit polls put its support at 27%. The party, once the smallest of four governing parties in the Swiss coalition, is now the largest. SWISS PEOPLE'S PARTY Opposed to European Union membership Anti-immigration Accused of racism after saying drugs controlled...