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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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Turkey Defies the U.S. and Western Media as President Erdoğan Wins Popular Vote – Victory in Runoff Almost Certain

Turkish President Recep Tayyip Erdoğan emerged victorious in today's national Turkish elections, despite the Western Media's attempts to discredit the conservative Turkish President, and support his main opponent, liberal Kemal Kılıçdaroğlu. As I reported last week, even the Right Wing Christian Conservative media put out hit pieces against Erdoğan and supported Kılıçdaroğlu, in spite of his liberal pro-LGBT views in a country that is 99% percent Muslim. The reason why the Christian Right sided with Biden and the democrats to try and affect the Turkish national elections, is because both sides in the U.S., both the "liberals" and the "conservatives", overwhelmingly support the war in Ukraine while demonizing Russia. At the time of writing this article, over 64 million people in Turkey, which has a population of about 85 million, had cast their vote and about 97% of the ballots had been counted, giving Erdoğan a 2.3 million vote lead over his nearest opponent, the U.S.-backed Kemal Kılıçdaroğlu. Erdoğan is just short of reaching 50% of the popular vote at this point, which would mean that there will be a runoff between him and Kılıçdaroğlu in two weeks. Unless something happens to Erdoğan in the meantime, he is all but assured to win the runoff elections. A few days before the elections, one of the other candidates for President, Muharrem İnce, withdrew from the race over allegations that a recording of him in a sex scandal had surfaced. İnce claimed that the tape was a deepfake, using footage taken from “an Israeli porn site”. Western media sources were quick to predict that İnce's withdrawal would help Kılıçdaroğlu defeat Erdoğan. If İnce was correct in blaming this on a smear attack by Israeli and U.S. sources to boost Kılıçdaroğlu's chances of winning the election, then the plan didn't work, as Erdoğan still came close to reaching 50%, and could still potentially reach that amount at the time of this writing, as some votes have not been calculated yet.

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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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