Yellen Remarks for Banks Today . . .

In remarks prepared for the American Bankers Association, Treasury Secretary Janet Yellen says the U.S. banking system is “sound” but more rescue arrangements “could be warranted” if new failures at smaller institutions pose a risk to financial stability.  here's the "rub" . . .

Yellen's small bank comments were released under embargo at 7am. Treasury wanted them out before markets opened, as Yellen speech isn't until 10am.

That tells everyone that Yellen and company still see the ongoing Banking "crisis" as dangerous, and they are deliberately trying to calm markets.  

Trouble is, Jerome Powell over at the Federal Reserve has a meeting this week about raiding interest rates again.  His choice is now stark:



# Biggest Problem They HaveForrest Mosby 2023-03-21 23:06
Is killing the economy without sinking the dims in ‘24
+1 # They have done this to us 3 2023-03-21 16:54
We have had 3 national banks.

We have had this one since 1913.

Americans have done nothing about this for 108 years.

Americans deserve the living hell they are going to go though. (If they survive at all)

“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
~Thomas Jefferson
# Rubles? 2023-03-21 19:12
Where can you obtain Rubles?

Physical Rubles.

Not numbers in an account.

Just wondering why no one has investigated this possibility.....
# Becauseu129520 2023-03-22 01:27
Gold is easy to obtain.
Ruble is just gold and oil.
# The boat...Gulfcaptain 2023-03-21 15:38
The boat is sinking. Captain Yellen says "the ship is sound but if we need more bilge pumps to pump out the water, we can supply them."

Captain Powell says, "the more water the better as it acts like ballast and creates stability so open up those holes in the hull!"

Meanwhile, the crew are packing their bags and heading for the life rafts.
# RE: The boat...Falcon9h 2023-03-22 21:25
Quoting Gulfcaptain:
The boat is sinking. Captain Yellen says "the ship is sound but if we need more bilge pumps to pump out the water, we can supply them."

Captain Powell says, "the more water the better as it acts like ballast and creates stability so open up those holes in the hull!"

Meanwhile, the crew are packing their bags and heading for the life rafts.

Country's going down like the Edmund Fitzgerald. Look that up.
+4 # Consolidating small banks into big onesMarlena 2023-03-21 14:42
Yellen is driving small bank depositors into bigger banks to consolidate the banking industry--just as has been done in every other industry. This gives the Cabal readily-controllable choke points for the population.
-1 # ldxldx 2023-03-21 16:47
There you go, Marlena, you are exactly right!
# Ruled by imbecilessupporttheblue 2023-03-21 13:27
Handicapped morons and pedophiles.
+3 # Translation: "smaller institutions with large portfolios of Derivatives, that could take down other banks".watchmann 2023-03-21 13:01
Yellen says the U.S. banking system is “sound” but more rescue arrangements “could be warranted” if new failures at smaller institutions pose a risk to financial stability. here's the "rub" . . .
Translation: "smaller institutions with large portfolios of Derivatives, that could take down other banks".

So if a smaller bank didn't mess with derivatives gambling, then they will NOT be rescued and they will not be saved, ditto for their large depositors......

I find it interesting that they NEVER say the word DERIVATIVES in public. Why? Because it is a totally out of control wild west high risk gambling casino type of "investment", the exact opposite of "safe, secure and sound" investments....which is what "BANKS" are supposed to be investing depositors money into, so that depositors do NOT lose their deposits.

Derivatives and other toxic investments are all thanks to Bill Clinton's Repeal of the Glass Steagall Act, that de-regulated the banks, thus ushering in these wild fluctuations and one banking crisis after another. The Glass Steagall Act was put into place as a result of the 1929 CRASH, Bank Holidays and subsequent 10 years of the Great Depression, to regulate the investments of Commercial Banks, so that they do NOT invest in wild and crazy high risk investments with depositors money.

Only brokerages could fool around in these high risk toxic investment adventures, and brokerage investors know that and they actively take that risk.

The owner of the mom and pop grocery store down the street, do NOT want their Deposits invested in the latest high risk craze wall street thieves have come up with. They just want a safe place to park their money so it is safe from thieves and fires and available to them to make their payrolls, etc.

The Biggest Thieves in the World are Wall Street brokerages. Just look at the 2008 Brokerage Crisis: investments treated to a AAA rating, actually contained subprime NINJA Loans, where there was no asset or income verification done prior to making a mortgage. So while Wall Street was selling this JUNK, with zero liability, and making BILLIONS off their sale, they suffered nothing when the whole fraudulent house of cards came down. No one had to hand back their MASSIVE Billion Dollar Commissions, Salaries or Bonuses, not even at Bear Stearns or Lehman Brothers. It was, again, the little guy on the street who was hurt the most.

That is THIEVERY on a GRAND SCALE......and it has all been made LEGALLY by the NY jews in key positions to ENSURE that NO ONE ever has to PAY for their crimes. Its a great transfer of wealth from the dumbed down gentiles to satan worshiping jews, who have ZERO conscience. It is this group that fights to the death to PREVENT regulation of any kind, that is meaningful in any way.....then we all suffer economic crash, after economic crash....and NO ONE ever goes to prison for their FRAUD.

So get ready for the PLANNED BIG CRASHES again. It is another Big Wealth Transfer to the satan worshiping jews.

And when I say satan worshiping, I mean it. They actively worship satan, and take their "faith" very, very seriously. satan is the father of lies..... and only comes to lie, kill and destroy.
-1 # Watch: the "Inside Job"watchmann 2023-03-21 13:14

Watch: the "Inside Job".

It is quite eye opening.

And NOTHING has been fixed since the last banking crisis. In fact the Frank Dodd Act makes things worse: large depositors have their deposits "bailed in", so that virtually ENSURES there will be a BANK RUN every time a bank starts having even a little trouble. That is what SVB was all about.

Frank Dodd Act causes Bank Runs by the largest depositors.
+2 # Their Plan is Advancing Quickly no matter which way they gowarreng5995 2023-03-21 12:50
it would Very Much surprise me if they don't raise interest rates again. As this is Exactly what you WOULDN'T DO if you actually wanted to stop the bank collapse.

However, they have created the situation, that no matter if they raise or lower interest rates, it will have a negative effect. Either collapse the banks, or bring in more inflation.

Either way this is leading to Hyperinflation and the collapse of the Dollar, as the nations are dumping the dollar as fast as they can.
# Ever Notice YellenForrest Mosby 2023-03-21 11:35
And that freak Merkel(PhD-chemistry)look alike?
I mean, Really alike?….
Couple more of those freak/clone types..Reno was very similar til they shut her down…
-1 # Spiritualell 2023-03-21 13:13
Wonder if it is a spiritual thing when you sell out to the devil.
+3 # Hyperinflation...WilliamtheResolute 2023-03-21 11:03
They will try to save the dollar at the expense of the economy because the FED owns all the dollars. Get your wheelbarrows ready...or buy gold.
+3 # RE: Hyperinflation...watchmann 2023-03-21 13:08
I think you mean, they will save the banks, at the expense of the deteriorating value of the Fiat Currency Petro Dollar, which is rapidly becoming worthless.

Tomorrow we will know their top priorities. If they raise interest rates, that means they are trying to save the Dollar. If they don't raise or if they lower the interest rates, they are trying to save the banks.

I'm betting they are more interested in saving the banks, other wise the whole house of cards will come down.

That is what Credit Suisse was all about.
+1 # Hells Bells are ringing.Gruntpa 2023-03-21 10:48
How many people will hear the sound?
+2 # I trust them as far as I can pee into the windChappyusa1 2023-03-21 10:28
This is how you take out this NWO without 1 shot.

Everybody go down to your bank and take out all your money, close everything.
-1 # RE: I trust them as far as I can pee into the windwatchmann 2023-03-21 13:17
And.....default on your car payments, your loan payments, your credit card payments and your mortgage payments. Oh, and stop paying any more taxes.
# Looks like demon_Yellen left something out...MissinD60s 2023-03-21 10:24
She's admitted that THEY will determine which banks to save. I won't belabor the point as it was all over alternate news sites, yesterday. That evil b*tch can say whatever lies she wants. It won't change what's coming.

IMHO, the collapse, bail-in, + blatantly illegal Int'l theft by a state actor = Ice-9 in less than 12mos...
+1 # We all need to read...SMC4 2023-03-21 09:54
Then Money Dies: The nightmare of the Weimar Collapse. by Adam Fergusson, 1975
+1 # Titanicell 2023-03-21 09:51
At this point the boat is sinking. They are just keeping it propped up until the elite players can exit it. We have seen it before. Everyone with big money is exiting and going to leave the crash to all the little guys and when small time players like Martha Stewart find out, they go after them for insider trading. Big picture.
+1 # Titanic, but w/a caveat.MissinD60s 2023-03-21 10:31
The HMS Titanic had but a single captain n board. The Beast has many. All the World's thieving parasites are now in competition w/each other to see who drowns last. Additionally, many of those supposed elite players are figuring out that they're not. Most resoundingly by the fact that they never got the memo warning them not to take the Covid Killshots. They took the shots, n are now scared n outraged. They've turned on each other, behind the scenes (barely). These rifts will soon break out into the open. All IMHO, of course.
-1 # Covid shotell 2023-03-21 13:18
I had an interesting experience yesterday. Non vaccinated. When asked if I needed a blood transfusion to save my life, I said I didn’t want one. Was then told, to refuse, I needed to fill out a large packet. They want everyone vaxed.
+1 # RE: Yellen Remarks for Banks Today . . .ebelfer52 2023-03-21 09:39
if they don't lower interest rates that will worsen the banking system problems, but i think they are going to get both, a depression and hyperinflation. they can't stop printing money causing hyperinflation and still the banks are going under like the depression. going to be a rough time for years if not decades or just the end of our country and the free world
# LMFAOMSNews 2023-03-21 09:23
Nuttin else to say.
-3 # The worms in America's Ma's Apple Pie.MildB 2023-03-21 09:08
The Two Men Destroying America The untold, true story of how two men from New York have engineered a “reset” of not just your personal wealth, but the entire US economic system

Grab a coffee and watch, then pass on.

What Hal has been proving and warning about is more real and deadly than what any one could have ever imagined.

I only post for the heads up contained .
-1 # I hate to burst your 2023-03-21 16:59
The culprits in this story are the American people that have done nothing.

The big culprit here is the (Satanic) Modern Christian Church that uses their perverted interpretation of Romans 13 to get "Christians" to go along with things like National Banks.

Our Churches teach the exact same interpretation of Romans 13 that Adolph Hitler did.....that is how the bankers pulled this off....

With much help from "men of God".
# Good videocodeblue 2023-03-21 11:49
starts as a marketing piece for porter stansberry but turns into a really good video, worth the time.
-1 # Biden issues first veto to push leftist agenda in pension fund investmentsMildB 2023-03-21 09:48
WASHINGTON — President Joe Biden on Monday issued the first veto of his presidency as he sought to block Republican-led efforts in Congress to overturn a Labor Department rule pushing pension funds to invest in Democrat's leftist agenda.

The Labor Department rule ended a Trump-era ban on managers of retirement plans considering factors such as climate change or pending lawsuits when making investment choices.

Critics say ESG investments allocate money based on political agendas, such as a drive against climate change, rather than on earning the best returns for savers. Republicans in Congress who pushed the measure to overturn the Labor Department's action argue ESG is just the latest example of the world trying to get “woke.”
-2 # Michael Yon reports from The Netherlands on the farm land grab fiasco going downMildB 2023-03-21 09:55

Michael Yon is correct about the Smart Cities initiative and confiscation of farmlands in the Netherlands. With respect to his comments on migration, there is a deeper context. The missing elements are Civics education, language assimilation, and cultural norms of the society an immigrant (legal or not) moves to.


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