Ripped From The Headlines, April 25, 2023
Another Bank On Death Watch, UK Top Economist: "Just Deal With Being Poor," COVID Injection Doesn't Prevent Anything - Read, Share, & Subscribe - SherlocExposes.com
We Are The Watchmen On The Wall
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”Shares of First Republic continued to plunge on Tuesday as regulators in Washington and financiers on Wall Street scrambled to come up with a plan to stabilise the ailing bank.
The California-based lender’s stock price, which is down by more than 90 percent this year, fell by a further 50 percent, a day after it revealed its customers had withdrawn $100bn of deposits during last month’s turmoil.
First Republic on Monday said it was pursuing ‘strategic options,’ but multiple people briefed on the situation said it was struggling to come up with a viable solution, such as a sale of all or part of the bank. The people said the bank was in touch with the US government, which is on high alert following the failure of Silicon Valley Bank and Signature Bank last month.
They said the leading options are for some of the large US banks that recently deposited $30bn into First Republic to rescue the lender, or for the Federal Deposit Insurance Corporation to take control of the institution and offer a government guarantee for all deposits, as it did with SVB.
A person close to First Republic said the bank would welcome the government ‘convening the relevant parties to come up with a solution.’
Officials from the White House, the Federal Reserve and US Treasury have been in contact with First Republic recently, the people added, as the Biden administration becomes increasingly concerned that the bank is running out of time to reassure depositors and investors.
The Treasury declined to comment.
“The Bank of England's top economist has said people in the UK need to accept that they are poorer otherwise prices will continue to rise.
Huw Pill told a podcast in the US that there was a "reluctance to accept that, yes, we're all worse off".
He said in response to higher bills and other costs rising, workers had responded by asking for wage increases and businesses were charging more.
Mr. Pill said people demanding pay increases and businesses putting prices up added to inflation and caused prices to rise even further across the economy.
‘Somehow in the UK, someone needs to accept that they're worse off and stop trying to maintain their real spending power by bidding up prices, whether through higher wages or passing energy costs on to customers etc,’ he told the Beyond Unprecedented podcast from Columbia Law School.
‘What we're facing now is that reluctance to accept that, yes, we're all worse off and we all have to take our share; to try and pass that cost onto one of our compatriots and saying: 'We'll be alright, but they will have to take our share too.’”
“Vaccines don’t have to prevent infection or transmission to be cleared in the United States, the country’s top regulatory agency said in a new document.
‘It is important to note that FDA’s authorization and licensure standards for vaccines do not require demonstration of the prevention of infection or transmission,’ Dr. Peter Marks, a top official at the U.S. Food and Drug Administration (FDA), said in the document.
Marks was writing as he rejected nearly all recommendations from a group of experts that advised the FDA to update the labels for the Pfizer and Moderna COVID-19 vaccines.
Vaccines are traditionally known as drugs that prevent an illness. The U.S. Centers for Disease Control and Prevention (CDC) for years said a vaccine is a product that ‘produces immunity’ while vaccination is an injection of an infectious organism ‘in order to prevent the disease.’ The agency changed its definitions after people correctly noted that COVID-19 vaccines do not prevent infection.
The Coalition Advocating for Adequately Labeled Medicines, a group of experts, had called for the FDA to make clear that the COVID-19 vaccines don’t prevent infection or transmission.
‘There is a widespread (but inaccurate) notion that efficacy against infection and transmission have been established by substantial evidence, and that these vaccines contribute to herd immunity,’ the group said, pointing to claims from President Joe Biden, the head of the CDC, and Dr. Anthony Fauci that vaccinated people would not get sick or infected.
Biden, for instance, falsely said in 2021 that ‘you’re not going to get COVID if you have these vaccinations.’
‘To remedy this situation, language clarifying that phase III trials were not designed to determine and failed to provide substantial evidence of vaccine efficacy against SARS-CoV-2 transmission or death must be added to labels,’ the coalition said. SARS-CoV-2 causes COVID-19.”
You need to be prepared… there’s just too much crazy stuff happening.
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“Upside Down Tuesday,” Ripped From The Headlines. Things To Ponder:
“Nothing To Worry About! The Banks Are Fine…”
Remember that foolishness from last month with Silicon Valley Bank (and the entire banking system) had to be saved by a made-up plan by the US Treasury and Federal Reserve?
Yeah, that lie didn’t work out so well…
As we shared in our feature interview on the Salem Radio Network (Click Here to watch) the issues with the banking system are systemic… and ALL banks have the contagion… it was just a matter of who died first…
Now, It’s First Republic Banks’ turn.
These two paragraphs sum up the situation:
First Republic on Monday said it was pursuing ‘strategic options,’ but multiple people briefed on the situation said it was struggling to come up with a viable solution, such as a sale of all or part of the bank. The people said the bank was in touch with the US government, which is on high alert following the failure of Silicon Valley Bank and Signature Bank last month.
They said the leading options are for some of the large US banks that recently deposited $30bn into First Republic to rescue the lender, or for the Federal Deposit Insurance Corporation to take control of the institution and offer a government guarantee for all deposits, as it did with SVB.
BRACE FOR IMPACT.
“You’re Poor… And You Need To Like It!”
Don’t you just love it when an economist - WHO’S ENTIRE JOB IS TO HELP YOU UNDERSTAND HOW TO AVOID A FINANCIAL LANDMINE just says “Accept the fact” that you’re going to be poor?
Well, thanks for the help there, smart economist guy…
We’re talking about England’s top economist, Huw Pill. In his own words:
What we're facing now is that reluctance to accept that, yes, we're all worse off and we all have to take our share; to try and pass that cost onto one of our compatriots and saying: 'We'll be alright, but they will have to take our share too.
WHAT!?!?!?!?
So… that’s the best he could come up with?
Friends, this ride is going to get WAY more bumpy…
Know. Your. Foe.
“Hey, Those Vaccine Things Don’t Really Do What We Say… But Take Them Anyway, PEASANT!”
For months and months, there were questions about “solutions” for COVID-19…
The “mRNA injection” was the answer…
Just like crazy Uncle Joe said: “You’re not going to get COVID if you have these vaccinations.”
And now…?
It turns out that “injection” doesn’t really do anything that we were told it was supposed to do…
Insane? Yep, but we’re not surprised…
A great place to really understand what’s going on with this madness is the substack from
. Click Here to read it.Know. Your. Foe.
What Does This Mean?
You’re being bombarded with things, including lies like this one (make sure to read the comments) that are distracting you from what’s actually happening.
-The US functioning in any normal, common sense way, seems to be impossible for public or private sectors;
-The economy is upside down, with the government having to guarantee bank deposits to prevent a system collapse;
-Public servants who are paid to represent you are doing basically nothing while grifting EVERYTHING.
NONE of this is good for you.
Why Should I Care?
If you allow this to continue, you are complicit in your own demise. And it’s not just you that’s going to suffer.
These people are also working to erase your past and kill your future.
If you don’t get moving now, your future will look like this.
On second thought, it already kind of looks like that.
You should care.
What should I do?
Be a beacon… sound the alarm.
Time is short…
Share this newsletter… Heck, take from it and do your own. We give you permission…
Take the time to learn about Parallel Economies, and find alternatives to the things you use today… food, money, and transportation.
It sounds like doom & gloom… But, it’s not a bad practice in a high-tech world to have practical skills and methods… Just in case.
GET MOVING ASAP.
Also, please share what you get from this newsletter.
It’s OK if you don’t understand it all.
Tell them to ask us.
Your future, and theirs, depends on it.
James Wesley, Rawles, publisher of SurvivalBlog.com has put together a “bookshelf” list of key things you should have. CLICK HERE to access the list.
Plus a recap of the 50 things you should have handy to barter.
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