Silicon Valley Bank's Manhattan branch
calls COPS on investors trying to pull
their cash out as Boston tech CEO with
$10M in bank describes 'worst 18 hours
of my life': Lender is SEIZED by regulators
in largest US bank failure since Great Recession
Posted By: Imright, 3/10/2023 5:31:00 PM
A Silicon Valley Bank branch in Manhattan today called the cops on tech investors trying to pull their cash out as a run on the bank forced regulators to seize its assets. Police were called after 'about a dozen' financiers, including former Lyft executive Dor Levi, showed up outside the building on Park Avenue as investors scrambled to get their money out amid the biggest collapse since the Great Recession. The Federal Deposit Insurance Corporation (FDIC) seized SVB's assets today after depositors - mostly tech workers and start-up firms - triggered a run on the bank following the shock announcement of a $1.8bn loss.
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The Trump-appointed judge who was heckled by law students at Stanford and the school's dean of inclusivity has spoken out to slam their ultra-woke stunt and attack on his free speech, saying none of them are fit to work in America's legal system.
Fifth Circuit Court of Appeals Judge Kyle Duncan had been invited to speak about 'COVID, Guns and Twitter' at Stanford Law's Federalist Society last week.
When he got there, he was interrupted and 'mercilessly' mocked by a group of liberal students. They were egged on by the school's dean of 'equity', Tirien Steinbach, who took to the lectern in an effort to humiliate Duncan, a conservative judge
Former President Donald Trump has “no plans” to testify in the grand jury investigation into his involvement in the $130,000 hush payment made to former pornstar Stormy Daniels during the 2016 presidential election, according to his lawyer.
“We have no plans on participating in that proceeding,” Trump attorney Joe Tacopina told ABC News on Monday. “Decision needs to be made still. There’s been no deadline set, so we’ll wait and see.” (Snip) The case involves a payment that former Trump attorney Michael Cohen, who pled guilty to felony charges related to the payment, made to Daniels during the presidential race.
A program that will send $500 monthly to 305 families in Sonoma County, California, is set to begin in two days.
The Pathway to Income Equity pilot program selected 305 out of 6,450 applicants. To be eligible, applicants had to have at least one child under 6 years of age, be affected in some way by the COVID-19 pandemic, and have a household income of no more than 185% above the federal poverty level, according to the Sonoma County Administrator's Office. The program is partially an experiment to see how guaranteed income affects impoverished families.
“These payments will help families with young children who are often struggling under the double burden
Taking Back Our Country, One Word at a Time
10 replies
Let us resolve to reclaim our own words.
The cloud of defeat enshrouding America is a spiritual, moral, and political conquest that seeks to control minds, debilitate character, and destroy institutions from within. That conquest starts with the power to control our words. We react, we write, we rail against them — but always using their words. They control the conversation. We have let the enslavers control our words.
The disruptive force throughout American history has been Christianity. It disrupted slavery, segregation, and abortion because Christians rejected words of the oppressors. They called slaves their brothers; they call the pre-born babies.
The most obvious signal of a nearing presidential election cycle is when both declared and potential Republican candidates schedule stops in Iowa, where candidates can thrive and build momentum or quickly realize that it’s not their time to shine.A key to winning the hearts of voting Iowans is the ability to connect with — and impress — the state’s farmers and farming industry in general, which is irrefutably the heart and soul of the Hawkeye State. Out of the upcoming crop of GOP candidates, former President Donald Trump has the unique ability to do just that.
Sunday morning, a day before a planned trip to corn country, Trump reminded his followers
Trading has been halted in three banks this morning after shares fell as much as 75 percent when the market opened moments after Joe Biden claimed 'US banking is safe'.
Western Alliance Bancorp's stock price dropped by three quarters as the opening bell sounded while shares in First Republic Bank dived 67 percent and PacWest Bancorp plunged more than 35 percent. Trading was swiftly suspended to protect the market from rampant volatility.
Major US banks were also hit as contagion fears spread through the sector with Wells Fargo falling 7.5 percent, Bank of America dropping 7.4 percent, Citigroup falling 5.8 percent and JP Morgan down 2.7 percent.
Joe Biden released a new budget recently, and it’s absolutely gut-busting. With the topline total hitting an eye-watering $6.9 trillion, it would be the most expensive budget in American history, and it’s not even close. It’s so bad that it makes Barack Obama look conservative.Luckily, Sen. John Kennedy (R-LA), who is famous for his dry sense of humor, has the perfect solution for what to do with it.(Tweet/Video) Hammer, meet nail. Biden’s budget would be an abject disaster, both from the standpoint of fiscal sanity and from a policy perspective as well. As Sen. Ted Cruz (R-TX) recently pointed out, the president’s proposed budget mentions equity 63 times
‘As bad as we thought’: James Comer
says docs show ‘Biden family was getting
money from CCP’ 24 replies
says docs show ‘Biden family was getting
money from CCP’ 24 replies
House Oversight Committee chair James Comer claimed Sunday on Fox News that he has evidence proving that President Joe Biden’s family has profited from the Chinese Communist Party.
Watch part one below:(Video) Appearing on Fox News’ “Sunday Morning Futures,” he was asked by host Maria Bartiromo what he’d learned in the last two weeks since he was on the show.
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“We’ve had a very good two weeks. We are finally having people cooperate with us. I think we all know the Biden administration is stone-walling. Janet Yellen is stonewalling, not turning over the bank violations,” he replied.
“But fortunately, since we’ve last spoken, we actually have bank records in hand.
Stanford University has apologized to a Trump-appointed judge who faced an embarrassing protest by a woke student mob - joined by the school's dean of 'equity' - after he was invited to speak at the college's Law School.
Judge Kyle Duncan, from the fifth circuit of appeals, was ambushed by associate dean of equity, diversity and inclusion Tirien Steinbach during a discussion Thursday night.
Steinbach - a former ACLU lawyer who previously defended free speech - initially claimed Duncan had a right to express his views. But she then launched into an impassioned six minute speech - which she had written down - condemning his life's work.
Former President Donald Trump is blaming the failure of the Silicon Valley Bank on his successor's 'anti-American policies.'
A spokesperson for the former president, who is once again running for the highest office, told FOX News Digital on Sunday that he sees the regional bank's collapse as representative of President Joe Biden's stumbling economy.
The bank, the 16th largest in the US, fell on Friday after a 60 percent drop in shares, which sparked a run on the bank as panicked customers rushed to withdraw cash.It was the worst US financial institution failure since 2008, with SVB controlling $209 billion in total assets at the end of 2022.
Nancy Mace will not be joining some of her GOP colleagues planning to make a prison visit to those serving jail time for their role in the January 6 Capitol attack.
House Oversight Committee Chairman James Comer confirmed Thursday that his office is working with Representative Marjorie Taylor Greene to organize a trip to speak with those persecuted for rioting at the Capitol on January 6, 2021.
Comer, Greene and Louisiana Rep. Clay Higgins wrote a letter to Washington, D.C. Mayor Muriel Bowser requested information and documentation on 'January 6 detainees', as well as demanding steps toward allowing a congressional delegation to visit the jail and speak with inmates and employees.
Former Vice President Mike Pence, who was President of the Senate that presided over the Electoral College on January 6, unloaded on former President Donald Trump at the Gridiron Dinner on Saturday.
Pence slammed his former boss Trump in his strongest criticism to date of his former running mate. “History will hold Donald Trump accountable for Jan. 6,” Pence said. “Make no mistake about it: What happened that day was a disgrace, and it mocks decency to portray it in any other way. President Trump was wrong. His reckless words endangered my family and everyone at the Capitol that day.”
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Former Vice President Mike Pence, who was President of the Senate that presided over the Electoral College on January 6, unloaded on former President Donald Trump at the Gridiron Dinner on Saturday.
Pence slammed his former boss Trump in his strongest criticism to date of his former running mate. “History will hold Donald Trump accountable for Jan. 6,” Pence said. “Make no mistake about it: What happened that day was a disgrace, and it mocks decency to portray it in any other way. President Trump was wrong. His reckless words endangered my family and everyone at the Capitol that day.”
“Everything Everywhere All at Once” was named best picture at the 95th Academy Awards on Sunday, capping off an improbable awards season run by winning the movie business’s highest honor.
The film, a gonzo adventure about a Chinese-American laundromat owner grappling with an IRS audit and inter-dimensional attackers, earned seven statues, including original screenplay and directing honors for its creators Daniel Kwan and Daniel Scheinert (collectively known as the Daniels). The victory is a triumph for A24, the indie studio that pushed the zany film to an impressive $100 million at the box office, a stunning achievement at a time when the market for arthouse movies has shriveled.
I love a good conspiracy theory. (Snip) Michelle Obama hates politics, hates voters, and hates Washington D.C., and not necessarily in that order.
She emerged from her privileged Martha’s Vineyard cocoon recently to recount in a podcast (about herself, naturally) that she cried uncontrollably for a half an hour on Air Force One when she left Washington, D.C., after Donald Trump’s inauguration. “Just straight, uncontrollable sobbing” from “holding it together for eight years” under the enormous, horrible, crushing burden of being the First Lady of the United States. Her story was one of struggle where living in the White House with staff to cater to her every need,
General Motors vowed to surpass Tesla as the number one EV maker in the U.S., and its plans look rock solid on paper. In reality, the carmaker is struggling to produce the GMC Hummer EV and Cadillac Lyriq, its Ultium-based EVs, in significant numbers. To make matters worse, GM has announced a voluntary separation program to trim its workforce. I once believed that GM had everything needed for a successful EV program. The Detroit carmaker invested billions in overhauling its factories and building new ones.
The American Red Cross has maps and guides for migrants to make the dangerous journeys to the U.S.-Mexico border, according to documents exclusively obtained by the Daily Caller News Foundation.
The map, which is part of a packet stamped with the International Committee of the Red Cross and American Red Cross logos, shows a list of resources, including hotels, clinics and shelters where migrants can get support in Mexico and Central America. The maps include clearly defined lines leading to cities along the U.S. border. The organization also has a guide to “self care” along the journey, which includes tips on how to survive the desert and disease,
Angela Bassett accused of being 'sore
loser' in viral Oscar moment after Jamie
Lee Curtis' win 28 replies
loser' in viral Oscar moment after Jamie
Lee Curtis' win 28 replies
Angela Bassett did not reign victorious like her character Queen Ramonda from the "Black Panther" franchise at the 95th Academy Awards on Sunday. Bassett was nominated in the Best Supporting Actress category, but the award was given to Jamie Lee Curtis for her portrayal of Deirdre Beaubeirdre in the critically acclaimed, and Academy Award Best Picture winner, "Everything Everywhere All at Once." (Snip) Social media users immediately noticed that Bassett did not applaud or smile once Curtis was announced the winner, and criticized the actress for being a "sore loser." One user took to Twitter writing, "Angela Bassett is an
The Federal Reserve on Sunday night announced that all those with money in collapsed Silicon Valley Bank will get their money back, as a second bank was revealed to have closed.(Snip)The Federal Deposit Insurance Cooperation (FDIC) on Sunday held an auction of Silicon Valley Bank's assets, hoping to secure the bank before the market opened on Monday. CNN reported that no buyer was found, and so it was unclear where the money would come from.(Snip)Sunday's sale, which concluded at 5pm ET, was intended to protect all those whose deposits exceed the $250,000 insured by the government, and prevent panic.
It was all a joke, she says. After igniting a firestorm by calling for the murder of pro-lifers on The View Friday, Hanoi Jane Fonda issued a statement: “While women’s reproductive rights are a very serious issue and extremely important to me, my comment on The View was obviously made in jest. My body language and tone made it clear to those in the room – and to anyone watching – that I was using hyperbole to make a point.” Except that it obviously wasn’t clear to anyone present. Fonda was speaking seriously; her declaration only became a joke when it became clear to her that she had crossed
President Biden on Monday blamed the collapse of Silicon Valley Bank and closure of Signature Bank on former President Trump's 2018 decision to scrap some Obama-era banking regulations. "Unfortunately, the last administration rolled back regulations," Biden said. Biden also offered assurances that the U.S. banking system is "safe and secure." "Americans can have confidence that the banking system is safe," Biden said in remarks at the White House before leaving for a three-day visit to California and Nevada. The president said he planned to ask Congress and bank regulators to restore Obama-era rules that were put in place to prevent
Even as Jan. 6 Narrative Implodes, Pence
Still Blames Bad Orange Man for Endangering
His Life 26 replies
Still Blames Bad Orange Man for Endangering
His Life 26 replies
Mike Pence is running hard to be the Mitt Romney of 2024, the controlled opposition establishment Republican nominee who will run for president and lose gracefully. Or if he somehow wins, he will do the Left’s bidding, but in a restrained, ostensibly conservative way. The formerly genuine conservative Pence showed that again Saturday at the Gridiron Club dinner in Washington, an annual event where speakers usually keep things light. The famously stone-faced former veep may have been incapable of cracking jokes, but he sure went all-in on making his remarks as heavy as possible and signaling that he would happily carry water for the Left,
If you haven’t seen the story yet, down in Fort Lauderdale there’s an LGBT-focused area called Sebastian St. where a large modern LGBT flag has been painted on the street. Footage has been coming out of it being vandalized by a truck that decided to peel out while sitting on top of the flag, leaving it scuffed and blackened. [Tweet] On Wednesday, more footage emerged that showed some cyclists doing their best to scuff up the flag as well. According to WSVN-TV, the cleanup process has begun to repair the flag and police are now trying to track down the vandals. The station began interviewing people
‘As bad as we thought’: James Comer
says docs show ‘Biden family was getting
money from CCP’ 24 replies
says docs show ‘Biden family was getting
money from CCP’ 24 replies
House Oversight Committee chair James Comer claimed Sunday on Fox News that he has evidence proving that President Joe Biden’s family has profited from the Chinese Communist Party.
Watch part one below:(Video) Appearing on Fox News’ “Sunday Morning Futures,” he was asked by host Maria Bartiromo what he’d learned in the last two weeks since he was on the show.
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“We’ve had a very good two weeks. We are finally having people cooperate with us. I think we all know the Biden administration is stone-walling. Janet Yellen is stonewalling, not turning over the bank violations,” he replied.
“But fortunately, since we’ve last spoken, we actually have bank records in hand.