FINANCE
Rep. Daniel Goldman’s Family Foundation is Invested in Norfolk Southern, Filings Indicate
(Ken Silva, Headline USA) New York Democrat U.S. Rep. Daniel Goldman’s non-profit organization is reportedly invested in Norfolk Southern, the company responsible for the toxic East Palestine, Ohio train derailment, according to the organization’s tax filings.
The financial ties of Goldman’s organization, the Richard W. Goldman Family Foundation, were initially investigated...
DeSantis Leads Coalition of Governors Fighting Biden’s ESG Policy
(Bethany Blankley, The Center Square) Florida Gov. Ron DeSantis is leading a coalition of governors from 18 states who’ve pledged to fight the Biden administration’s environmental, social and corporate governance agenda.
The governors said Biden's investment agenda is a “decision to jeopardize retirement savings for millions of Americans to promote far...
Gaslighting Yellen Stuns Sen. Ron Johnson by Denying Core Cause of Inflation
(Headline USA) Treasury Secretary Janet Yellen left GOP jaws dropped on the Senate floor by continuing to downplay what many believe to be the root cause of the Biden administration's persistent economic woes.
A week after the second-largest bank collapse in U.S. history, Yellen told the Senate Finance Committee on...
Economists, Business Groups Cast Shade on Inflation Trends
(Tom Gantert, The Center Square) Not everyone was optimistic about the trend when the U.S. Bureau of Labor Statistics released its Consumer Price Index data this week showing inflation had dropped for the eighth consecutive month.
The Consumer Price Index showed inflation at 6% for the last 12 months ending in...
Biden Allies Point Fingers at Fed for Failing to Recognize Red Flags at Woke SVB
(Headline USA) The Federal Reserve is facing stinging criticism for missing what observers say were clear signs that uber-woke Silicon Valley Bank was at high risk of collapsing into the second-largest bank failure in U.S. history.
The California-based SVB and another failed financial institution, New York-based Signature Bank, have both...
Biden Takes Heat after Inflation Increases Again
(Casey Harper, The Center Square) The latest federal inflation data shows consumer prices rose again in February, sparking criticism of President Joe Biden and his spending agenda.
The U.S. Bureau of Labor Statistics released the Consumer Price Index Tuesday, which showed consumer prices rose 0.4% in February, totaling a 6% increase...
COMMENT: Why We Should Let Bad Banks Fail
(Peter Jacobsen, FEE) By now, you’ve likely heard about regulators closing down Silicon Valley Bank and now Signature Bank as well.
While I’m not going to go into all the details, the basic story is described well in this article on Seeking Alpha. Essentially, SVB received a large influx of deposits...
Failed Anti-Trump Bank Goes Viral for ‘Cringe’ Video Touting Wokeness
(Abdul--Rahman Oladimeji Bello, Headline USA) Signature Bank, the failed anti-Trump bank shut down by New York's state regulators, became a hot topic online after an ill-conceived ad from the disgraced institution went viral.
The ad, featuring a parody of Fun.'s "Some Nights," broke the internet immediately after it was...
Wasteful U.S. Gov’t Not Only Funded Wuhan Lab, but Overpaid It
(Ezekiel Loseke, Headline USA) An independent investigator discovered that the federal government may have made duplicate payments for grants it gave to the lab in Wuhan, China, through the National Institute of Health and the US Agency for International Development.
Diane Cutler is the independent investigator, according to CBS News....
Flynn Warns that Orchestrated Bank Run Is Part of Great Reset
(Ben Sellers, Headline USA) Two of the most censored and embattled conservatives in America teamed up over the weekend to blow the lid off a massive globalist conspiracy that ties together China, Ukraine and Silicon Valley---and may be coming soon for your most fundamental freedoms, including health and financial...
Biden’s Banking Bailout May Lead to Gov’t Takeover of Entire Sector
(Jacob Bruns, Headline USA) As the banking industry is buffeted by choppy waters, critics have suggested that President Joe Biden's proposed bank bailouts may eventually lead to a state-controlled banking industry, the Washington Times reported.
Despite the fact that millions of dollars held at the now-collapsed Silicon Valley Bank were not...
Doubts Raised by Biden’s Promise that Taxpayers Are Off the Hook for Bank Bailouts
(Casey Harper, The Center Square) President Joe Biden gave a speech Monday morning to address concerns about the banks, the economy and the federal government’s decision to take over and back up the bank, allowing depositors to retrieve their money, even if the bank doesn’t have it.
He stressed that taxpayers...
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