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Yellen: “More Bank Mergers Necessary” as Banks Lose Tens of $Billions in Deposits the Past Two Weeks

It appears that the Biden Administration is abandoning their rhetoric that "the banking system is fine." CNN reported today that Treasury Secretary Janet Yellen met with CEOs of large banks yesterday and told them that "more bank mergers may be necessary." Her statements killed a stock rally this week that saw the stocks of regional banks increase 10%, in one of their best weeks since 2020. Not anymore. As ZeroHedge News reported today, reports show that $billions of losses in deposits at U.S. banks have occurred in the past two weeks, with over $70 billion lost in large US Commercial Banks.

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Expectations of an Imminent Big Tech Crash Bringing Down the U.S. Economy is Expanding

While I was among a very small minority in the 4th quarter of 2022 warning the public about the Big Tech crash that was coming and was a threat to bringing down the entire U.S. economy, judging from my newsfeed the past 2 weeks, I no longer think that this view is the minority view anymore. Both the alternative and corporate media are increasingly printing news and opinion pieces about how dangerous it is right now to have just a handful of Big Tech companies holding up the entire stock market, and mostly because of the hype over AI. I am going to highlight much of this news in this article, along with evidence that the banking crisis is actually getting worse, and then go further than most will dare to go, and consider the question: Is this all intentional??

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President Trump and Rudy Giuliani Sold Presidential Pardons for $2 Million

At the end of President Donald Trump's presidency in January of 2021, I reported how Trump not only did not keep his promise to "drain the swamp" when he became president in 2016, but that he proved that he was part of that very swamp based on who he pardoned in his last days in office. On his last day in office, Trump pardoned Israeli colonel Aviem Sella, the convicted handler of US-born Jewish-American intelligence analyst and traitor Jonathan Pollard, who stole US military secrets and sold them to Israel. Many of Trump's supporters were hoping that he was going to pardon two whistleblowers who have risked their lives to reveal the workings of the deep state, Edward Snowden and Julian Assange. In addition to not pardoning Edward Snowden and Julian Assange nor those arrested in the January 6th entrance to the U.S. Capitol, Trump pardoned several Big Pharma executives who had been convicted of medical fraud. And now we have reports that President Trump and his personal attorney and former mayor of New York City, Rudy Giuliani, in the true fashion of corrupt mafia criminal actions typical in NYC, offered Presidential pardons for the cost of $2 million dollars. While the Trump supporters will undoubtedly be quick to point out that the one making this claim of Presidential pardons being for sale for $2 million is part of a lawsuit by a woman who was a former aide to Giuliani and is accusing him of sexual harassment, and is not a trustworthy source, The Independent today has published an investigative report that corroborates her claim with a former CIA officer, John Kiriakou, who has stated the same thing; that he was offered a Presidential pardon by Trump for $2 million.

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Don’t Tell Chat AI Anything You Wouldn’t Want to See on a Billboard

Chatting with an AI program feels personal and conversational, but don’t be fooled. Here's why you should keep a lid on what you reveal to ChatGPT and its ilk. ChatGPT is a gossip. Google’s Bard, too, and maybe Bing AI. What you get out of them depends on all the information that went in. And that’s precisely the problem. Why? Because everything you ask them, tell them, or prompt them with becomes input for further training. The question you ask today may inform the answer someone gets tomorrow. That’s why you should be very, very careful what you say to an AI.

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Elon Musk is Latest Billionaire to be Subpoenaed in Jeffrey Epstein Virgin Island Case

Elon Musk became the latest billionaire subpoenaed in the Jeffrey Epstein Virgin Island case today. He has allegedly been trying to avoid being served since last month. According to investigative reporter Whitney Webb, Epstein provided business contacts to Musk helping him start Tesla and SpaceX. Elon's brother, Kimbal Musk, sits on the board for Tesla and SpaceX, and also dated one of Epstein's girlfriends. In a 2020 article published in The Sun, Musk's ex-wife Talulah Riley denied "truly awful" rumors that Ghislaine Maxwell had handpicked her to be Musk's "child bride", although she did admit that she and her then-husband Musk had been entertained at Jeffrey Epstein's house in New York City.

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$14 Billion in Foreign Deposits at Silicon Valley Bank were NOT Bailed Out – More than $1 Trillion Foreign Deposits at Chase and Citibank as U.S. Debt Crisis Looms

The Wall Street Journal sent shock waves through the financial world Saturday night when they reported that the FDIC seized nearly $14 billion in foreign deposits at Silicon Valley Bank in the Cayman Islands last March, mostly from Chinese investment firms, which had been waiting to gain access to their funds. It's not happening. As Pam Martens reported this morning, this will most certainly cause a bank run on all unsecured foreign deposits, which is over $1 trillion in just two banks: JPMorgan Chase and Citigroup’s Citibank. As Mike Shedlock of MishTalk.com reported, the FDIC has now sent a clear message to foreign depositors: You can't trust U.S. Banks. If this news wasn't bad enough, we also have the alleged political posturing going on right now over whether or not Congress is going to raise the U.S. debt limit, or default on some government obligations, like U.S. Treasuries. Asia (Japan and China) holds a vast majority of foreign held U.S. Treasuries, and probably a lot of the same investment firms that just lost all their deposits at Silicon Valley Bank. This past Friday, U.S. Treasury Secretary Janet Yellen stated that the U.S. has "to default on something" if a new debt ceiling is not reached by Congress, and that includes U.S. Treasuries.

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Google Introduces Plan to Use Generative AI to Take Over the Internet – AI’s Real Threat to Society

Google announced its new plans for AI this week at their annual I/O developer conference, and to say that not everyone in the Tech Industry was thrilled by their plans to integrate Generative AI into their search engine, would be an understatement. Emily Dreibelbis, writing for PC Magazine, published one of the more apocalyptic articles warning that Google could basically destroy most websites on the Internet. Maggie Harrison, writing for Futurism, issued similar warnings for the future of independent journalism due to Google's plan for Generative AI, noting that Google still owns 91% of all Internet searches. This is one of the REAL dangers of AI, the fact that the largest technology companies that control the Internet could very easily drive everyone else out of business and thereby control all the content on the Internet. And in fact, that trend has already started in the technology sector, as year-to-date there have already been 193,860 employees laid off in the technology sector, with many tech businesses failing, as well as some of their top banks also failing, like Silicon Valley Bank, that funded these companies. This investment in the future of AI, is the main thing holding up the U.S. stock market right now. Five technology stocks, Google, Apple, Microsoft, Meta and Amazon, have accounted for 89% of the S&P 500 YTD price return. It is looking more and more every day that we are looking at a total market collapse at some point, and then only the largest banks and the largest technology companies will be left, because they are "too big to fail," especially since the U.S. military and their Intelligence agencies all depend on Big Tech, who hold all their data in their Cloud Computing data centers. This appears to be the goal of the Wall Street billionaires and their bankers, since there is no way they can pay off their debts. Just crash the entire financial system, and choose which Tech companies and banks survive. Then they will have total control of the flow of money as they require digital IDs and work towards a Central Bank Digital Currency, operated by the Big Tech companies that survive, who will also control the flow of information through AI. Will enough Americans wake up soon enough to prevent this from happening, or will it take a total collapse of the economy to reveal what is really happening with this "Great Reset"?

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Berkshire Hathaway Investor Arrested by Warren Buffet at Shareholder Meeting for Pointing out Ties to Bill Gates and Jeffrey Epstein

Peter Flaherty, who is chairman of the National Legal and Policy Center and also a shareholder in Warren Buffet's Berkshire Hathaway company, was arrested during Berkshire Hathaway's annual shareholder's meeting last weekend for proposing that Warren Buffet should step aside as Chairman of the Board and CEO so someone else who was not tied to Bill Gates and Jeffrey Epstein could lead the company. "I was treated like any other criminal, fingerprinted, handcuffed," Flaherty said. "I've always been courteous with decorum at the annual shareholder meetings. I didn't raise my voice. I was not disruptive." As we have previously reported, Warren Buffet was one of the main board members funding the Bill and Melinda Gates Foundation just after the foundation started. The Foundation basically owns the World Health Organization. Flaherty said Buffet had donated tens of billions to the Bill and Melinda Gates Foundation, adding: "If 'woke' culture is a disease, then philanthropy is the virus. The Gates Foundation bankrolls the teaching of Critical Race Theory around the country, including that math is inherently racist. The Gates Foundation offers a Gender Identity Toolbox which asserts that gender is the result of 'socially and culturally constructed ideas. This is a lie. Gender is not a cultural construct. It is a genetic and biological fact. We know how much Bill Gates cares about children. He met and traveled with Jeffrey Epstein many times after Epstein was convicted of sex crimes."

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Twitter Rolls Out Encrypted Messaging, Don’t Trust It

Twitter did it. The company met a deadline and released something on the promised date under Elon Musk’s leadership. The social media platform put out its first-ever encrypted messaging option late on Wednesday night, just under the wire. Yet in the mad dash to deliver, the site seems to have made some confusing compromises, as outlined in a Twitter blogpost. To the company’s credit, it is upfront that its first stab at encrypted DMs isn’t perfect. “When it comes to Direct Messages, the standard should be, if someone puts a gun to our heads, we still can’t access your messages,” the Wednesday blogpost reads, quoting a previous tweet from Musk. “We’re not quite there yet,” it continues. As Twitter points out in its own statement, its version of encryption doesn’t necessarily protect against “man-in-the-middle” attacks. This means a technically competent bad actor or Twitter itself could theoretically intercept messages without the knowledge of the sender.

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Humans are Indispensable – Why AI will Never Replace Humans

Are you going to be replaced by a machine? Could a robot really be curious? Or experience love? Could a computer plot evil? Some really smart people think machines will achieve not just human but super human consciousness. Oxford professor of mathematics John Lennox and Baylor University computer engineer Robert J. Marks disagree. Non-algorithmic properties are solely attributes of humans. Computers will never show the creativity, empathy, or love that human beings do.

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LA County May be Forced to Pay $3 Billion in 3,000 Claims of Child Sexual Abuse in Foster Homes, Children Shelters, and Probation Camps

Three years after the Child Victims Act went into effect, L.A. County — responsible for facilities meant to protect and rehabilitate the region’s youth — has emerged in court filings as one of the biggest alleged institutional offenders. Two weeks ago, in an otherwise dry budget document, county officials delivered figures that stunned even some of the most seasoned California sex abuse attorneys. County officials predicted that they may be forced to spend between $1.6 billion and $3 billion to resolve roughly 3,000 claims of sexual abuse that allegedly took place in the county’s foster homes, children shelters, and probation camps and halls dating to the 1950s. The county is gearing up to litigate the cases, bringing on 11 law firms to work through the claims. Experts say the volume is unlike anything they’ve heard of in local government. There is only one apt comparison, attorneys say: the Catholic Church.

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Family Files Federal Lawsuit Against Massachusetts Police and Government for Medically Kidnapping Infant & Toddler at 1 a.m. in Home Invasion

A family who took their 3-month-old son to an emergency room in Waltham, Massachusetts last year at the advice of their pediatrician because the infant had a 103 degree fever, is now suing Waltham police and social workers who came to their home unannounced at 1 a.m. in the morning and forced their way into their home to remove both their 3-month-old baby and his 3-year-old brother, with no warrant, simply because an x-ray taken of the baby a couple of days earlier showed a healed fractured rib in the baby. That was all it took for local authorities to medically kidnap their children, by forcing their way into the family's home in the middle of the night and terrorizing the young children by kidnapping them and taking them away from their parents. The parents were eventually cleared of all charges and their children were returned to them, but now the parents are suing to try and stop this from happening to other families. This story has received national media attention, and The Pacific Legal Foundation has taken up their case and filed a federal lawsuit. Sadly, this is a common story in the U.S. and not rare at all. We have covered dozens of these stories over the past several years. As we have reported over the years, taking your child to an emergency room is one of the most dangerous things parents can do these days, as there is a huge industry devoted to "medical child abuse" and "child abuse pediatricians" along with their "child abuse" teams which can only be funded and their salaries justified by finding "child abuse" in pediatric patients brought to the hospital. Unsuspecting parents bring their child to the emergency room and often end up having x-rays taken of their child, and based solely on an x-ray these "child abuse" pediatric doctors will order a child be seized from their parents, even before an investigation can be conducted. It is a horrific violation of constitutional rights, as even terrorists, rapists, murderers, etc. are afforded due process of law in the criminal justice system, but parents are not given those same rights in Family Court. After a medical doctor suggests "child abuse", the children are often ripped away from the parents without any charges even filed, and then they have to prove their innocence, which can take months or even years, to get their children back.

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INFANTICIDE: 4,739 Dead Babies in VAERS Following COVID-19 Shots Injected Into Pregnant and Child-Bearing Aged Women

The U.S. Government’s Vaccine Adverse Events Reporting System (VAERS) now reports that there have been at least 4,739 fetal deaths reported following COVID-19 vaccines given to pregnant and child-bearing women. If we compare the yearly average of 75 fetal deaths following FDA approved vaccines for 30 years with the number of fetal deaths recorded in 2021 following the COVID-19 experimental shots, which is 3,863 fetal deaths in a single year, that is an increase of over 5,000%. There have been numerous doctors and nurses who have noticed this horrific increase in fetal deaths who have tried to warn the public throughout 2021 and 2022, and we have featured most of them here on Health Impact News. The public has been warned about how dangerous the COVID-19 shots are, especially for pregnant and child-bearing aged women. But the U.S. Government has still not warned the public, and continues injecting pregnant women with these lethal shots. Maggie Thorp JD and Jim Thorp MD have just published an explosive report that serves as a criminal indictment for those who have participated in this infanticide, with over 70 footnoted references.

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Iran Central Bank and Oman Ditch the U.S. Dollar

The strategic policy of the Central Bank of Iran (CBI) is to set aside US dollar in trade and FOREX exchanges with other countries, the CBI chief said. Mohammad Reza Farzin made the comment in his meeting with Omani Minister of Commerce, Industry and Investment Promotion Qais bin Mohammad Al Yousef in Tehran on Monday. During the meeting, Farzin pointed to the full readiness of the Central Bank of Iran to remove the US dollar from trade and economic transactions between Iran and the Sultanate of Oman.

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The Real Reason Why the U.S. is Trying to Control the Elections in Turkey this Week

Yesterday, (May 7, 2023), there was a rally of reportedly 1.7 million people at Istanbul’s Atatürk Airport showing support for Turkey's current president, Recep Tayyip Erdoğan, ahead of national elections this coming Sunday, May 14th. On Saturday, (May 6, 2023), Erdoğan's opponent for president in the national elections, Kemal Kiliçdaroglu, also held a rally in Istanbul, Turkey's largest city, but I have been unable to find any published reports about how large the crowds were, although some of the foreign English media have reported that the crowds were in "the thousands" or "tens of thousands." The media here in the U.S., however, in both the corporate media and the alternative media, are reporting that President Erdoğan is either losing or in a close race with Kiliçdaroglu, as they characterize Erdoğan as losing support in an election that "really matters." Why do they say that this election "really matters"? They use the same old excuse they always use when the U.S. has an interest in interfering with elections in other countries where they do not like the outcome: "democracy is at stake." As someone who has lived for many years in Turkey in the past, and was at one time fluent in Turkish and worked as a translator in Turkey, I am going to report the "other side" of this Turkish election that you are not likely going to read in Western English news reports. To sum up the "other side" of why the United States does not want Recep Tayyip Erdoğan to be re-elected as President of Turkey, it is because Turkey is clearly choosing sides in the conflict between the U.S. and Russia in Ukraine, and they are choosing their neighbor, Russia, who is helping Turkey become energy and military independent from the U.S., and part of a larger coalition of Middle Eastern Countries who are banding together to fight years of U.S. military dominance in their region over oil. Some have even suggested that the deadly earthquake in Turkey earlier this year was not natural, but caused by an HAARP (High-frequency Active Auroral Research Program) weapon used by the U.S. to punish Turkey for working together with Russia.

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The Brain Myth: Your Intellect and Thoughts Originate in Your Heart, Not Your Brain

Those of us who have been educated in Western Culture today have been taught to believe that the center of a person's consciousness and thoughts is our brain. Like a computer that contains a microprocessor that allows the computer to accomplish all of its various tasks, the idea that a human being also works like a computer with a brain that functions like a microprocessor, is something that almost all people raised in Western Culture assume is a fact. But it is not a fact. It is a belief system. And as a belief system, would it surprise you to learn that this is a fairly modern belief, and that historically it has not been the brain that has been considered the driving force in humans that allows them to think and reason, but that historically it has been the heart that is attributed to human consciousness, including our mind, speech, and thoughts? When we look at the ancient literature written in non-Western cultures, the idea that the brain controls human thought and consciousness is mostly absent. The largest collection of writings of antiquity that exist to us today is contained in the Bible, a collection of 66 unique writings spanning over thousands of years. Most of the Bible was written in Hebrew and Greek, and the most common translations of the Bible found today are English translations. I have an electronic Bible I use every day (e-Sword), and in this program I currently have about 16 different English translations of the Bible. I searched every English translation I have for the word "brain," and all of them turned up a negative result with ZERO instances of the English word "brain" used to translate any of the words in the original languages. If one does a search for the word "heart," however, it will return a result of almost 1000 matches where words in the original languages were translated into English as "heart."

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New Free Vehicle Privacy Report Shows if Your Car Might Be Tracking You, Selling Your Data

Almost all modern-day vehicles are now connected to the Internet with the ability to transmit your personal data back to the car manufacturer where it can then be viewed and sold to others. Tesla is probably the worst one, due to the fact that some models have up to 9 cameras, and a recently published report admitted that Tesla employees were sharing photos and videos of Tesla owners, including “intimacy”, their kids, and their location. There is now a new free online tool that drivers can use to see how much their car may be spying on them.

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Another California Bank on the Verge of Collapse!

Earlier today, when Jerome Powell openly lied to the American People during the FOMC press conference stating without a hint of irony that the US banking system is "sound and resilient", we balked: how could this former lawyer lie so brazenly to the American people, the narrator wondered, when in just the past few weeks we had seen over half a trillion in bank failures, making the current bank failure episode even worse than the global financial crisis? Well, as usual, the narrator was right, because while Powell's lies were still ringing in our ears, the next regional bank collapse was on its say. Shortly after the close, Bloomberg reported that another regional, California-based bank (of course), PacWest Bancorp., was weighing a range of strategic options, including a sale. The Beverly Hills-based bank - whose financial conditions it appears has been far worse than the Fed, which just hiked another 25bps, thought - has been working with a financial adviser and has also been considering a breakup or a capital raise, according to Bloomberg sources. While it is open to a sale, the company hasn’t started a formal auction process. And sure enough, following the Bloomberg report, PacWest - which had $28 billion in deposits at last check (far less as of this moment) and $44 billion in assets, saw its stock plunge more than 60% after hours...

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Will Anyone Be Held Accountable for the 300,000 Americans Murdered by the COVID-19 Shots in 2021?

2021 will go down in history as the worst year of "death by lethal injection" as an estimated 300,000 people in the United States were killed by lethal injections. Lethal injections are only supposed to be injected into convicted criminals who receive the death penalty in a court of law. But starting in December of 2020, when President Trump threatened the FDA and forced them to approve experimental injections of COVID-19 shots that were produced by U.S. Government funds through his Operation Warp Speed program, through 2021 when President Biden instituted mandates for people to receive those lethal injections as a condition for employment, an estimated 300,000 Americans lost their lives from these lethal injections. Will anyone be held accountable for these acts of domestic terrorism and mass murder? Donald Trump and Joe Biden should be tried as domestic terrorists and mass murderers for these crimes, along with their entire administrations who participated in them. And yet, both men are running for re-election for President of the United States. I am going to present the evidence for their guilt in these crimes against the American people in this article, using publicly available information published by the U.S. Government that anyone can fact check.

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How AI Will Replace Humans Like The Wizard of Oz and Save the Economy

As long as we mint millions from a Never-Ending Bull Market, we'll always stay one step ahead of the Debt Monster. AI! . Of the many astounding developments of the current era (AI!), none is more remarkable than the proliferation of soothsayers peering into crystal balls to predict The Most Important Trend In The Universe--a Bull or Bear stock market. The computing power and wealth thrown at conjuring up charts, statistics and forecasts is astounding in and of itself, but the proliferation of crystal balls and soothsayers is even more astounding. After reviewing hundreds of charts, statistics and forecasts on the most arcane correlations and the deepest data-dives (AI!), I've reached soothsayer satori: the secret to insuring a Never-Ending Bull Market in which monumental wealth will be piled up by all those entities (software and wetware alike--AI!) who buy every tiny dip and continuously roll over their zero-expiration-day-call-options is this: Say "AI" 300 times with fervent enthusiasm and then click your heels three times. You will then be transported to a magical paradise where stocks only go down for a few moments to enable dip-buyers the immense satisfaction of buying more stocks at a discount.

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