Saturday, June 3, 2023

Disgraced Silvergate Bank Hints It May Not Be Able to Cover All of Its Deposits; Fed Slaps It with a Cease and Desist Consent Order

by Pam Martens and Russ Martens, Wall St On Parade:

Last week, on Tuesday, May 23, the Federal Reserve and California Department of Financial Protection and Innovation (the state banking regulator) hit the collapsed federally-insured bank, Silvergate Bank, and its parent, Silvergate Capital Corporation, with an enforcement action called a “Cease and Desist Consent Order.” The action was not announced to the public until yesterday.

A Consent Order is meant to function along the lines of a legal settlement, with the bank agreeing to the detailed terms of the Consent Order and waiving its right to judicial review. The individual signing the Consent Order on behalf of the bank was its controversial CEO, Alan Lane, who had allowed his federally-insured bank to get in bed with Sam Bankman-Fried’s house of frauds, including the FTX crypto exchange and Bankman-Fried’s hedge fund, Alameda Research. Lane also had allowed his deposit base to become heavily involved with other crypto-related companies.

The National Anthem, The Bible And The Christian Faith Are All Considered To Be Highly Offensive In Amerika Now

by Michael Snyder, The Economic Collapse Blog:

We live in an upside down society with completely upside down values.  In this sort of an environment, literally anything that you say could get you into serious trouble.  Theoretically, our Constitution is supposed to guarantee the right of free speech for us, but the truth is that free speech has been dead for quite some time now.  Those that are in the process of fundamentally transforming our society have made policing speech one of their highest priorities, and their hordes of brainwashed minions are always ready to step in and crack down whenever a potential violation has been detected.

Dr. Reiner Fuellmich – BREAKING! Crimes Against Humanity Trials Begin in New Zealand!

from mariazeee:

TRUTH LIVES on at https://sgtreport.tv/

Peeping through the windows: Microsoft to incorporate MANDATORY AI systems in Windows 11 to SPY on all your computing activities

by JD Heyes, Natural News:

Microsoft has made an announcement stating that it will be incorporating robust built-in artificial intelligence (AI) integration across its Windows 11 operating system, and already privacy experts and advocates are concerned.

According to Microsoft, the inclusion of AI is intended to enhance the usability and speed of Windows 11. However, concerns have been raised by certain experts who fear potential privacy invasions resulting from AI integration within Windows 11. The extent to which “Windows Copilot” will be integrated into various aspects of Windows 11 remains uncertain at this time, but since it’s Microsoft and Bill Gates, we’re not optimistic that things will be on the level.

BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES

by Harvey Organ, Harvey Organ Blog:

TAS INDUCED RAID ON GOLD AND SILVER TODAY: GOLD CLOSED DOWN $24.40 TO $1953.40//SILVER WAS DOWN $.23 TO $23.67//PLATINUM IS UP $1.80 TO $1002.95 WHILE PALLADIUM WAS UP $38.70 TO $1409.15//IMPORANT COMMENTARIES FROM ALASDAIR MACLEOD AND RONAN MANLY//CHINA MAY PROVIDE ANOTHER STIMULUS TO HELP ITS BELEAGURED REAL ESTATE MARKET//BERLIN ORDERS MOSCOW TO CLOSE 4 OUT OF ITS 5 CONSULATES//PEPE ESCOBAR DESCRIBES IN DETAIL WHAT IS HAPPENING INSIDE TURKEY WITH RESPECT TO ERDOGAN//COVID UPDATES/DR PAUL ALEXANDER

As ‘Government’ Wages A Losing War Upon God And All That Is Good, We’ve Gotten A ‘Communist Church’ With Brainwashed Pulpiteers As America’s Fall Into Despotism Nears Completion

by Rob Pue, All News Pipeline:

I guess I sort of consider myself a “visionary.” No, I don’t mean I see “visions” or am any sort of “prophet.” But I can see things as they are and ENVISION what could be. I can look at a broken-down, ramshackle house or car and see how it can be brought back to life. I can see a yard with badly neglected landscaping and lawn and see the beauty that it could be.

In the 1990s, I envisioned a Christian newspaper for Wisconsin — a virtually impossible feat to pull off, but the Lord God Himself TOLD me to start one, and now our newspaper, Wisconsin Christian News is putting out more copies than ever before and it’s distributed nationally — not just for Wisconsin anymore. And I can also look upon a lost soul, consumed and deceived by worldly enticements and see a new creation in Christ, IF only they’ll seek Him in humble repentance and faith.

FBI Conceals Documents Proving Biden’s Bribes

by Martin Armstrong, Armstrong Economics:

There is concrete evidence that Joe Biden illegally accepted bribes from foreign nationals. The GOP and anyone who values US law and national security had hoped the Durham report, the contents on Hunter Biden’s laptop, or even the “joke” about “10% for the big guy” would have been enough to investigate Biden’s illegal dealings. Cathay Bank revealed that the Bidens were funneling money into their private accounts, but the world turned a blind eye.

Dig It! #188: Manifesting with Fiona Price

from Corey’s Digs:

TRUTH LIVES on at https://sgtreport.tv/

Nolte: May Ratings Collapse — Fox Loses Third of Viewers Without Tucker Carlson

by John Nolte, Breitbart:

May was the Fox News Channel’s first full month without Tucker Carlson and it cost them 32 percent of primetime viewers.

Cuck News dropped Tucker Carlson’s primetime show in late April. To keep Carlson silent, he is still technically employed by the Fox fascists, but without Tucker Carlson Tonight in its primetime lineup, the once mighty and invincible Fox News primetime schedule only barely beat far-left MSNBC last month.

Throughout April, Cuck News averaged 2.072 million primetime viewers. But in May, the Tucker-less Cuck News’s average primetime viewership collapsed to just 1.417 million.

Musk Says Twitter Has “No Actual Choice” But Comply With Government Censorship Demands

by Matt Agorist, The Free Thought Project:

Twitter has recently received censorship orders from government… and is complying.

(Reclaim the Net) — Following criticism for complying with governments’ censorship demands, Twitter owner Elon Musk said that the platform has “no actual choice” when it comes to such requests.

When he announced interest in buying Twitter last year, Musk claimed to be a “free speech absolutist.” He argued that “we have free speech” when “someone you don’t like” is “allowed to say something you don’t like.”

At the time, Musk added that under his leadership, Twitter would “be very reluctant to delete things,” shy from permanent bans, and allow all legal speech.

The Storm Before The Storm

by Michael Snyder, The Economic Collapse Blog:

I really don’t know anyone that would argue that the U.S. economy is in great shape right now.  Inflation is out of control, large companies are conducting mass layoffs all over the nation, the housing bubble is starting to implode, and more homeless encampments are constantly popping up in our major cities as poverty spreads like wildfire.  But this isn’t the main event.  I am calling this “the storm before the storm”, because the truth is that this new economic crisis is still only in the very early chapters.  Unfortunately, much more suffering is on the way, and our country is not going to be able to handle it.

AIs Do NOT ‘Hallucinate’

by Karl Denninger, Market Ticker:

Google and others have tried to make a wildly-false claim about “generative” AIs in the general caseThey can “hallucinate.”

One thing we’ve learned is generative AIs can hallucinate, meaning they come up with totally false information that bears no resemblance to reality. Don’t always believe what you read. And do be mindful of what you enter as generative AIs keep the information you type in. In fact, some major tech corporations, like Samsung, have banned their employees from using ChatGPT after some sensitive information was leaked.

The second part is correct.

The first part is a lie.