LibertyNationNews.com

The banking turmoil has been bad news for everyone, except for the nation’s largest financial institutions placed in the too big to fail category. Competition in the US banking system is shrinking, and public policymakers are beginning to take notice. But is it a case of too little too late? Considering that JPMorgan Chase purchased another bank for a pittance, it is safe to say that small and mid-size banks have metastasized into mere nuisances that might require perpetual bailouts and subsidies from the US government and the Federal Reserve.

Too Big to Fail Just Got Bigger

When Silicon Valley Bank (SVB) and Signature Bank shut their doors, depositors panicked and transferred their assets from the smaller outfits to the larger institutions. The deposit flight did not subside, as First Republic confirmed that its clients had maintained their steady outflows in the aftermath of the bank failures. When this happened, the bigger entities celebrated the news, with executives clarifying to the press that it was indeed true that consumers were taking their money out of the mom-and-pop shops and placing the funds in the banks considered too big to fail.

High inflation. Fear of recession. Disruptions, like the collapse of Silicon Valley Bank. How did the U.S. economy get here? A two-hour documentary special traces the road to this moment, and the role of the Federal Reserve, the country’s central bank.

When COVID-19 struck, the Federal Reserve stepped in to try to avert economic crisis. As the country’s central bank continues to pump billions of dollars into the financial system daily, who is benefiting and at what cost?
 

FedNow is the gateway to a Central Bank Digital Currency

TheGatewayPundit.com

With the banking segment being downgraded to “Negative” by Moody’s, we discover that four banks gave more than $60 BILLION to BLM-related causes over the past few years. 

Over the weekend, two banks went under.  One bank, Silicon Valley Bank, was the second-largest bank failure in history.

Yesterday, Moody’s rated the ENTIRE Banking Segment as “Negative”.  This is a very big deal.  We also discovered that US Banks have assets that are $2 TRILLION under their balances.

This Telly Award-winning documentary, which features presidential candidate RON PAUL, was inspired by the book, "The Creature From Jekyll  Island" by well-known author, G. EDWARD GRIFFIN.

Find out why some feel the Federal Reserve's practices are a violation of the U.S. Constitution and others feel it's simply "a bunch of organized crooks." Discover why experts agree the Fed is a banking cartel that benefits mainly bankers and their corporate clients as well as a Congress that would rather increase the National Debt to $9 trillion than raise taxes. Find out how the corporate media facilitates the partnership between the Fed and Congress and why it fails to disclose what's going on. Lastly, find out how the Federal Reserve member banks are owned and controlled by an elite group of insiders.

The economy of the U.S. is in a deflationary spiral. Nothing can stop it -- except monetary reform.

1. No more national debt. Nations should not be allowed to borrow. If they want to spend, they have to take the political heat right away by taxing.
2. No more fractional reserve lending. Banks can only lend money they actually have.
3. Gold money is NOT the answer. Historically gold ALWAYS works against a thriving middle class and ALWAYS works to create a plutocracy.
4. The total quantity of money + credit in a national system must be fixed, varying only with the population.

Columnist Michelle Malkin is calling on President Trump to “shut down” a Federal Reserve program that profits off remittances sent to foreign countries by illegal aliens.

During an interview with SiriusXM Patriot’s Breitbart News Daily, Malkin detailed how the Federal Reserve actually aids illegal aliens living in the United States through a federal remittance program, included in her latest book, Open Borders, Inc: Who’s Funding America’s Destruction?

“I was working on a section in Chapter One which is on the caravan cartel called ‘Banking on Illegals’ and I’d reported on this all the way back from the late 1990s on Bank of America and Wells Fargo and private institutions that were profiting,” Malkin said. “And in the middle of that research, I discovered the Federal Reserve, itself, was trying to hone in on this segment of the market with its own program to have a remittance program that is specifically marketed to illegal aliens in America.”

“This program still exists, it doesn’t make a lot of money, but the idea that the federal government itself is breaking the laws of aiding and abetting illegal aliens and that it hasn’t been shut down,” Malkin continued. “I mean not only should President Trump fulfill the promise that he made many, many, many months ago to tax remittances but he should shut down this Federal Reserve program as well.”

The “Directo a Mexico” program Malkin references was started by former President George W. Bush’s administration in 2005, funneling remittances through the Federal Reserve directly to Mexico’s central bank, according to Judicial Watch, which has been suing the federal government for more information on the scheme.

“The Trump administration should release it to Judicial Watch and then shut it down,” Malkin said.

Malkin said when she first reported on Directo a Mexico, she discovered how American taxpayer money has funded the Federal Reserve’s marketing of the program to illegal aliens living in the U.S.

“I reported for the first time … how they marketed the program I believe it was in Minnesota,” Malkin said. “So taxpayer money was used to have a little fair and there were games and they brought families in to recruit illegal alien customers.”

“It’s very important that American taxpayers know that its largely their money that’s funding their own destruction,” Malkin said.

Every year, as Breitbart News has reported, about $150 billion in remittances are sent to foreign countries by illegal aliens and legal immigrants living in the U.S. This money is untaxed.

Mexico, in 2017 alone, received about $30 billion in untaxed remittances from foreign nationals living in the U.S., while China took in between $15 to $20 billion that year. India and the Phillippines also enjoyed more than $10 billion in untaxed remittances sent from foreign nationals living in the U.S.

Watch Malkin’s full interview here: 

The Federal Reserve, or the Fed as it is lovingly called, may be one of the most mysterious entities in modern American government.  Created during Wilson's presidency to protect the economy in times of financial turmoil, its real business remains to be discovered. During the Wilson presidency, the U.S. government sanctions the creation of the Federal Reserve. Thought by many to be a government organization maintained to provide financial accountability in the event of a domestic depression, the actual business of the Fed is shrouded in secrecy.

Many Americans will be shocked to discover that the principle business of the Fed is to print money from nothing, lend it to the U.S. government and charge interest on these loans. Who keeps the interest? Good question. Find out as the connective tissue between this and other top-secret international organizations is explored and exposed.

This 41 minute film is a great introduction into how the banking system really works.  This information should be taught to every single American in the public schools, yet is not, simply because if everyone knew the criminal nature or what bankers are getting away with, nobody would put up with it.  After watching this film, I highly recommend you take the time to watch the 3.5 hour Money Masters, for a complete history that will blow your mind!