Democrat former Rep. Barney Frank (D-MA) was a member of the board at the collapsed Signature Bank. As Slay News reported, New York-based Signature was shut down by regulators on Sunday [March 12] in the wake of the Silicon Valley Bank (SVB) collapse on Friday [March 10]. Now it has emerged that the former Democrat […]
https://pricklypear.news/wp-content/uploads/iStock-1203603138-scaled.jpg17062560Frank Bergmanhttps://pricklypear.news/wp-content/uploads/logo_2023.pngFrank Bergman2023-03-30 00:29:572023-03-28 06:56:11Democrat Barney Frank Was Board Member at Collapsed Signature Bank
Within days of Silicon Valley Bank’s swift and shocking collapse, a narrative formed that “wokeism” lay at the heart of the California bank’s sudden demise. It began with a Fox News appearance by Home Depot co-founder Bernie Marcus. “I feel bad for all of these people that lost all their money in this woke bank,” […]
https://pricklypear.news/wp-content/uploads/iStock-1203607069-scaled.jpg17072560Jon Miltimorehttps://pricklypear.news/wp-content/uploads/logo_2023.pngJon Miltimore2023-03-29 00:30:302023-03-28 05:58:59Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes
In the midst of the COVID-19 pandemic in 2020, multiple government officials seized the opportunity to grab more power. Perhaps chief among them were the Tucson city council and Mayor Regina Romero, who exploited the moment by declaring a “climate emergency.” Now, the city of Tucson has finalized its plan to solve this “climate emergency”—to […]
https://pricklypear.news/wp-content/uploads/iStock-1271429462.jpg57738661AZ Free Newshttps://pricklypear.news/wp-content/uploads/logo_2023.pngAZ Free News2023-03-29 00:29:302023-03-28 06:08:57Tucson Is Heading Down the Path of Other Failing Leftist Cities with Its Climate Action Plan
Over the past few weeks, we have had the second and third-largest bank failures in our history. As this crisis unfolds, we are repeatedly told by officials that it is localized to these particular banks, that the banking system is sound, and there is not a systemic risk to those with money on deposit in […]
https://pricklypear.news/wp-content/uploads/440px-WinonaSavingsBankVault.jpg275440Neland Nobelhttps://pricklypear.news/wp-content/uploads/logo_2023.pngNeland Nobel2023-03-28 00:30:502023-03-27 21:14:40Is The Banking System Safe?
An enormously important new regime gets engraved into central-bank handbooks. The ECB and Bank of England are also on board. It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest rate repression. The new regime […]
https://pricklypear.news/wp-content/uploads/Powell_Testimony_2018_42753534974.jpg293440Wolf Richterhttps://pricklypear.news/wp-content/uploads/logo_2023.pngWolf Richter2023-03-27 00:29:502023-03-26 07:48:12Powell Explains the Fed’s New Regime: Rate Hikes & QT to Fight Inflation while Offering Liquidity to Banks to Keep them from Toppling
The title is a “turn of phrase” from when the Greeks provided the Trojans with the gift of a giant wooden horse. Similarly, whenever a government — in this case Biden’s government – appears to give private industry money for a directed purpose, there is a laundry list of caveats. In this case, we are […]
A review of Mao’s Great Famine: The History of China’s Most Devastating Catastrophe, 1958-1962, by Frank Dikotter (Bloomberg Publishing, Hardback Edition, 2010; Paperback Edition, 2017, 420 pages). It is seen as gauche, hateful, and unenlightened on college campuses and like-minded places to quote Winston Churchill because he was an imperialist and colonialist. Okay, so go […]
https://pricklypear.news/wp-content/uploads/Englishredbook.jpg394440Craig J. Cantonihttps://pricklypear.news/wp-content/uploads/logo_2023.pngCraig J. Cantoni2023-03-25 00:30:522023-03-22 16:18:41The Ultimate Cancel Culture and Equality
The Biden administration on Thursday released an outline for its fiscal year 2024 budget. As expected, it promotes the same swampy, big-government agenda as last year, which the country desperately needs to avoid. Beneath the administration’s spin, the ultimate message is that it thinks the federal government doesn’t have enough power and control over our […]
President Joe Biden released his 2024 budget Thursday [3/9] that includes a trove of tax hikes, quickly sparking pushback from critics. The White House said the budget will cut deficits by nearly $3 trillion over the next decade. Critics argued that despite those cuts, the national debt is still soaring, projected to surpass $50 trillion […]
https://pricklypear.news/wp-content/uploads/biden_interest_free_loan.jpg10801920Casey Harperhttps://pricklypear.news/wp-content/uploads/logo_2023.pngCasey Harper2023-03-23 00:28:562023-03-21 07:48:06Biden Touts New Budget With Tax Hikes, Critics Push Back
We think a story of major importance has been buried by the news of bank runs in the US. While not disputing the importance of the bank run stories (we’ve written on this ourselves), the implications of China brokering a deal between Saudi Arabia and Iran are very important. The two warring nations have achieved […]
Democrat Barney Frank Was Board Member at Collapsed Signature Bank
/in Economy, Featured, Latest News, National Security, Politics/by Frank BergmanDemocrat former Rep. Barney Frank (D-MA) was a member of the board at the collapsed Signature Bank. As Slay News reported, New York-based Signature was shut down by regulators on Sunday [March 12] in the wake of the Silicon Valley Bank (SVB) collapse on Friday [March 10]. Now it has emerged that the former Democrat […]
Is ‘Wokeism’ to Blame for Silicon Valley Bank’s Demise? No and Yes
/in Culture War, Economy, Featured, Latest News, Politics/by Jon MiltimoreWithin days of Silicon Valley Bank’s swift and shocking collapse, a narrative formed that “wokeism” lay at the heart of the California bank’s sudden demise. It began with a Fox News appearance by Home Depot co-founder Bernie Marcus. “I feel bad for all of these people that lost all their money in this woke bank,” […]
Tucson Is Heading Down the Path of Other Failing Leftist Cities with Its Climate Action Plan
/in Arizona News, Economy, Environment, Featured, Latest News, Politics/by AZ Free NewsIn the midst of the COVID-19 pandemic in 2020, multiple government officials seized the opportunity to grab more power. Perhaps chief among them were the Tucson city council and Mayor Regina Romero, who exploited the moment by declaring a “climate emergency.” Now, the city of Tucson has finalized its plan to solve this “climate emergency”—to […]
Is The Banking System Safe?
/in Economy, Featured, Latest News, Personal Finance/by Neland NobelOver the past few weeks, we have had the second and third-largest bank failures in our history. As this crisis unfolds, we are repeatedly told by officials that it is localized to these particular banks, that the banking system is sound, and there is not a systemic risk to those with money on deposit in […]
Powell Explains the Fed’s New Regime: Rate Hikes & QT to Fight Inflation while Offering Liquidity to Banks to Keep them from Toppling
/in Economy, Featured, Latest News, Personal Finance/by Wolf RichterAn enormously important new regime gets engraved into central-bank handbooks. The ECB and Bank of England are also on board. It makes sense in this era of high inflation, QT, rising policy interest rates, and high financial fragility in the banking system, after years of money printing and interest rate repression. The new regime […]
Beware of Governments Bearing Gifts
/in Arizona News, Culture War, Economy, Featured, Liberty, National Security, Politics/by Bruce BialoskyThe title is a “turn of phrase” from when the Greeks provided the Trojans with the gift of a giant wooden horse. Similarly, whenever a government — in this case Biden’s government – appears to give private industry money for a directed purpose, there is a laundry list of caveats. In this case, we are […]
The Ultimate Cancel Culture and Equality
/in Culture War, Economy, Education, Featured, Latest News, Liberty, Politics/by Craig J. CantoniA review of Mao’s Great Famine: The History of China’s Most Devastating Catastrophe, 1958-1962, by Frank Dikotter (Bloomberg Publishing, Hardback Edition, 2010; Paperback Edition, 2017, 420 pages). It is seen as gauche, hateful, and unenlightened on college campuses and like-minded places to quote Winston Churchill because he was an imperialist and colonialist. Okay, so go […]
6 Charts Show Crucial Facts About Spending, Taxes, Deficits Missing From Biden’s Budget
/in Economy, Featured, Latest News, Liberty, Politics/by David DitchThe Biden administration on Thursday released an outline for its fiscal year 2024 budget. As expected, it promotes the same swampy, big-government agenda as last year, which the country desperately needs to avoid. Beneath the administration’s spin, the ultimate message is that it thinks the federal government doesn’t have enough power and control over our […]
Biden Touts New Budget With Tax Hikes, Critics Push Back
/in Economy, Featured, Latest News, Personal Finance, Politics/by Casey HarperPresident Joe Biden released his 2024 budget Thursday [3/9] that includes a trove of tax hikes, quickly sparking pushback from critics. The White House said the budget will cut deficits by nearly $3 trillion over the next decade. Critics argued that despite those cuts, the national debt is still soaring, projected to surpass $50 trillion […]
China Brokers a Surprising Mid-East Deal
/in Economy, Environment, Featured, Latest News, National Security, Politics/by Neland NobelWe think a story of major importance has been buried by the news of bank runs in the US. While not disputing the importance of the bank run stories (we’ve written on this ourselves), the implications of China brokering a deal between Saudi Arabia and Iran are very important. The two warring nations have achieved […]