Search Results for: Michael Snyder

Don’t listen to the load of malarkey that Joe Biden is trying to sell you.  We are being told that it won’t cost taxpayers a single dime to bail out the second and third largest bank failures in the history of the United States.  Every single depositor is going to get all of their money back, and plenty of liquidity will be made available to other banks that may be on the verge of failing.  All of this is going to cost billions and billions of dollars, but somehow we get a free pass.  In fact, during his public remarks on Monday, Joe Biden explicitly pledged that “no losses will be borne by the taxpayers”… (Read More...)

Did you think that the Federal Reserve was just going to stand by and watch the U.S. banking system completely collapse?  In response to the stunning failures of Silicon Valley Bank and Signature Bank, the Federal Reserve announced a rescue plan on Sunday evening that is going to radically change banking in America forever.  All deposits at Silicon Valley Bank and Signature Bank will be fully guaranteed and will be available on Monday.  Of course the Federal Reserve can’t just make an exception for these two banks.  If they are going to do this for them, that means that they are going to have to do it for everyone else too.  So what this means is that from this point forward the Federal Reserve is essentially promising to guarantee every bank account in America.  Considering the fact that more than 19 trillion dollars is deposited with U.S. banks, that is quite a promise to make. (Read More...)

When it rains, it pours.  On the exact same day that we witnessed the second largest bank failure in U.S. history, Wells Fargo experienced an unprecedented nationwide computer glitch that caused countless numbers of account holders to have “incorrect balances” and “missing transactions”.  This is yet another example that demonstrates why it is never wise to put all of your eggs into one basket.  If you have all of your money in just one bank, you may wake up one day and find that you are suddenly not able to access any of it.  For years I have been telling my readers to spread their assets around, because our banking system is far more vulnerable than most people realize. (Read More...)

Many Americans won’t realize that World War III has begun until missiles start raining down on our homeland.  But by then it will be way too late.  Ever since Joe Biden entered the White House, our relations with both Russia and China have been steadily swirling down the tubes, and it appears that our military could soon be forced to fight wars with both of them simultaneously.  That would be absolutely suicidal, but our leaders don’t seem interested in peace.  The hothead in the White House is surrounded by a team of incompetent warmongers, and if they stay on the path that they are currently on millions upon millions of Americans could end up dead. (Read More...)

We should all be absolutely horrified by what has happened to our society.  Everywhere you look, people seem to be going completely and utterly nuts.  Once upon a time, the crazy people were a very small segment of the population that could be easily ignored.  But now the lunatics are literally running the asylum.  If you doubt this, just look at our statehouses around the nation and the current crop of politicians that we have in Washington.  Sadly, the truth is that the people that are representing us are a very accurate reflection of what we have become as a nation.  We truly have become a raging “idiocracy”, and the rest of the world is literally laughing at us. (Read More...)

Chinese Foreign Minister Qin Gang just warned the entire world that “there surely will be conflict and confrontation” with the United States unless there is a dramatic change in U.S. behavior, and you would think that such a direct threat would be front page news all over the nation today.  Unfortunately, most of our politicians don’t seem to understand how serious this is.  We are accustomed to politicians that just blurt out whatever stupid things come into their heads at the moment, and then later on their aides come along and explain that they really didn’t mean to make such inflammatory statements.  But Chinese politicians are not like that at all.  Chinese politicians choose their words with great care, and making a direct threat against another nation is considered to be a very serious matter. (Read More...)

Is this really so shocking?  Yes, when I was growing up I would drink water directly from the garden hose that was used to water the lawn.  In fact, kids all over America would drink water directly from a garden hose in the old days.  It wasn’t a big deal.  In fact, if I get thirsty later I might just go outside and take a few sips.  Apparently there are some people on social media that find this quite unacceptable.  They seem to think that drinking out of a garden hose is unsafe, and they wonder what we were thinking.  Well, the truth is that it was a completely different world back then.  The following video really helps to put everything into perspective… (Read More...)

The sound of war drums is getting louder all over the globe.  In this article, I want to give you an update on the three major conflicts which will define World War III.  In the years ahead it is inevitable that smaller regional conflicts will erupt at various times, but for this piece I am going to focus on the three big ones.  All of the participants have been preparing for war for many years, and now tensions have reached a boiling point.  And once all three of these wars fully get going, none of our lives will ever be the same again.  The following are the 3 wars of the apocalypse… (Read More...)