Back In My Day: Civilized War – Bank Autopsy Time

It is time to provide a summary analysis of the former employers and related principals in Goober Gump’s journey from the equipment company through the beginning of the team’s control of its fates a decade later.

I will not divulge confidential financial information from past employers, just discuss the practices that were good or bad, or, that led to them making the decisions they did BIMD. I have provided other links to their publicly reported financial reporting going back in time to when we first began. In addition, you can use the link below to the FDIC website to see the current reporting of every active bank in the system.

https://banks.data.fdic.gov/bankfind-suite/financialreporting

In the spirit of Stephen Covey and his 7 Habits of Highly Effective People, of which I fully endorse, the autopsies will provide my view of win-win and win-lose in the final results.

I have also added a section on the current banking issues of the day relating to bank examinations. I will try to not get down in the weeds too far with my comments.

Bank #1 – 1994

Links are below to describe.

https://www.dailycitizen.news/news/local_news/first-volunteer-bank-rebrands-to-builtwell-bank/article_beef91a8-1275-11ed-b120-ebc57d085223.html

https://www.builtwell.bank/About/

Patti Steele is the CEO of the rebranded and expanded First Volunteer Bank of Tennessee based in Chattanooga. It is now known as Builtwell Bank. BIMD the privately held bank holding company was named Community Group (CG). The majority owner’s name was Robert Anderson, a long term solid, executive banker from South Carolina whose family were the primary operators and in ownership of a larger South Carolina bank. Robert left the SC bank and purchased a small community bank in the rural community of Marion, TN outside of Chattanooga. From that start and with that bank’s President, Sherman Barnette, he began purchasing small rural community banks in east TN. They added a financial services subsidiary led by my former CEO a few years after forming their holding company for the purposes of doing small business government guaranteed lending. It required state banking regulatory and SBA approval to exist as a service company for the affiliated banks in the CG system as it was the first of its kind in the southeastern U. S. region. During my employment CG grew to about $350 M in total assets size.

Patti was in operations at the holding company level and on the Board when I was employed there. She was the heir apparent, professional and competent with their business model. She reported to Sherman, who reported to Robert. Sherman was a sharp, good ole boy community banker. Robert was a more formal, cordial, old south plantation type with a leadership style from the past. We got along well with each other as we shared a mutual understanding of big banks as well as a love of golf. I had a good relationship with all of the senior leaders. Patti was very competent at what she did, however, her interests were clearly linked to breaking the glass ceiling even BIMD. It seemed to drive her ambitions. In recent years her Board additions have been less than inspiring and more toward feministic purposes, which reveals her politics. They did not add tangible value to the Board or business operations. It is something to keep an eye on as it can lead to losing focus of the bank’s primary purposes, which is to make money for stockholders and service the customer base well. As long as ownership remains focused on those two truths, they should be fine.

The financial services subsidiary I worked in no longer exists. When we exited, it went into decline and died. Its demise coincided with the merging of banks from being operated as affiliate banks, which is reflected in the link below during the fiscal year ending 12/31/2001. In the financial services subsidiary’s place they expanded the reach of their residential mortgage company to serve their now, 30 locations. BIMD there was only one mortgage originator in the system. While merging the bank system in the late 1990s/early 2000s, they renamed all individually named banks to First Volunteer. They have grown through acquisition of other small rural banks in other areas including northern GA over the ensuing two decades. They are old school community bankers with conservative practices, who have served their internal desires and customers well overall. They are now at $1.8 B in assets with a conservative 70% loan to deposit ratio and stay at a ballpark level of 10-11% on Tier One Capital; which is solid. They paid out a strong dividend in excess of $8 M in 2022, to the privately held ownership.

https://www.usbanklocations.com/builtwell-bank.shtml

My autopsy reveals they continued to grow through acquisitions at a measured pace while becoming who they desired to be and still are. Our subsidiary’s presence in the holding company was implemented to fuel higher profitability for a season of time so that they could purchase more small rural banks. That was a legitimate choice of ownership and it served them well. It also confirmed that our analysis was correct when they hired the SCO who began tightening credit. Our common goals and interests were diverging, so it was time to go. They would have never accepted nationwide or even a larger eastern footprint delivery of what we did. The higher compensation being paid to the team that delivered it, which was prevalent within the industry, would have created internal division. It simply would have been too big of culture shock to the rest of their employees and Board.

However, at that time it was win-win between us. They signaled their change in direction, which gave us time as a small team to change ours. We both won with the changes.

Bank #2 – 1997

https://www.sierrasun.com/news/bancwest-purchases-sierrawest/

Sierra Tahoe Bancorp was the owner of SierraWest Bank, which came into existence by name a couple of years before we joined them. Its predecessor bank was called Truckee River Bank, which was also very involved in government guaranteed small business lending in the area. The bank grew into the Reno, NV area via acquisition, which led to the name change and was similar to the name of the acquired bank.

Despite the bank’s emphasis on our line of business, Truckee River had a spotty record as a government guaranteed lender until my division CEO was hired a couple of years before our arrival. They did not do it well and had numerous losses and issues with the SBA. He addressed the issues along with his excellent SCO, who was also a fine human being. It all turned around at that point with the division being the primary driver of the bank’s net income and asset growth. The theme of good people, good results, was one that was repeated throughout my work life for many years.

When BancWest, parent of Bank of the West, announced the acquisition of SierraWest, the later had grown from just south of $600 M when we joined them to over $900 M in assets in three years. There were no hiccups with the acquisition as it closed as projected in mid-1999, less than six months after announcement. Which explained why SierraWest allowed Bank of the West to be involved in the credit approval process prior to the completion of the transaction, a reality that led to our early departure as a team.

https://www.usbanklocations.com/sierrawest-bank-23323.shtml

Since SierraWest did not sell from a distressed position, there is very little financial autopsy needed. The intent to sell was known to us in our region at employment. The bank was profitable and fit BOW’s expansion desires geographically. However, the sale to BOW did impact our futures and forced several members of our region to find alternatives. This led to the second best career move I ever made, with the first being entering this line of work with CG.

I could care less about BOW, then or now. Let Canadian bankers now deal with the effects that the criminal bankers in France created. Based on how Canada operates today, they will continue to be the money launders they have been.

As a result, I rate it as a win-lose-win with eyes wide open. A calculated risk to work there that paid off in unknown ways prior to making the move. SierraWest employees, its stockholders and our team highly benefitted from the relationship. The sale to BOW was a loss for our team. However, we seamlessly recovered with a much bigger win.

Bank #3 – 1999

Imperial Bank was the one. It just made sense as it targeted its efforts and did not try to be all things to all people. However, it had an Achilles heel. By virtue of being a NYSE traded business bank involved in the finance of venture capital related enterprises (think SVB) as well as the entertainment industry (think boom or bust movies) in two of its three primary lines of business, its annual net income was volatile. As a result it was watched by regulators closely. Provided below is summary financial data over a period of years for those interested in more details. As an example of its growth, total assets went from $3.4 to $7.5 B in just five years. You typically cannot grow a bank that fast (unless you are a cabal constructed SVB type bank) with income drivers in volatile lines of business and not have hiccups in net income, liquidity and capital formation due to overall economic pressures. Every boom or bust cycle will be reflected in your financial statement results.

https://www.usbanklocations.com/imperial-bank-18835.shtml

By the time of the transaction with Comerica, the bank had grown to over $8 B in assets. The article below is an excellent summary of the reasons behind same and acquisition. I will not regurgitate it. The acquisition made great sense to Comerica.

https://www.latimes.com/archives/la-xpm-2000-nov-01-fi-45069-story.html

The founder and Chairman of Imperial, who was active daily in its management, had hit 81 years of age. It was time. If he had waited until after 9/11 occurred, the bank would have probably gone under at some point. With the acquisition Comerica entered the Top 20 banks in asset size in America. They have doubled in assets since then, but dropped to #38 in asset size today.

As a result, I rate the situation as I did with Bank #2. It was no surprise that our employer sold. It was a total win for both banks. However, Comerica simply did not have the credit culture and leadership team in our line of business. We did not drive their net operating income (NOI) up high enough to justify a real commitment in their minds. Comerica chose to reward themselves as the victors instead of the people who operated our line of business smarter, more productive, while making much more money at it. At Imperial we were not the volatile income producers. We were the second highest provider of ROI in the bank, year after year. The transaction was win-win for the banks and win-lose-win for our division and my team. It was also a very short sighted decision by Comerica to go about it as they did with our division. Like many other bigger banks, they still have no idea on what they missed.

Bank #4 – 2001

When we arrived on the scene with Temecula Valley Bank, it was a small, five year old community bank in the rapidly growing SoCal area. It had the highest 5 star rating for financial condition by industry rating agencies including being rated the #1 small bank in America by same. The Chairman/CEO wanted to use our line of business to fuel growth of bank operations into the real estate markets of the area as well as branching. He had good knowledge of what we did and how we did it from his previous stint as CEO of a larger community bank in the region for many years.

https://www.usbanklocations.com/temecula-valley-bank-34341.shtml

We knew how to scale and ramp up our operation to accommodate the smaller size of the bank. Despite its size, the management team was competent and they contracted their operations system platform to one of the larger, national providers. They could deliver on their promises.

That they immediately changed the rules to the game upon our arrival created tension and was a major red flag. I am sure bank examiners may have been concerned with the scope of our operations due to the bank size as well as there may have been pushback from the Board initially. Regardless, they lied. However, we were able to leverage ourselves into a better situation and became a successful, expanding operation.

The Achilles heel of TVB was its arrogant Chairman/CEO. That ‘I’m smarter that you’ attitude passed to the executive level credit officer, other senior management and Board. They never believed the good times would stop, until it did. With the industry overbuilding real estate in SoCal markets, their hellbent desire to play the dog and build the brand was a train wreck waiting to happen. When liquidity began to be an issue with closing transactions a couple years into our arrival, Mr. Arrogant began to significantly use brokered deposits to add to the deposit base. We could see the handwriting on the wall for our efficiency and success. When banks buy brokered deposits, which is limited by regulators, they pay higher interest rates than market to attract them. The deposits are usually CD’s with longer termed fixed rates called “hot money”. So, what do you think happens when interest rates as a whole decline due to Fed decisions? You earn less interest on loans while paying out higher interest on deposits. Not the formula for banking success I would choose.

So for your banking lesson of the day, add in what happens when the economy cools and there are less borrowings. You now have locked in higher than market fixed rates with hot money and insufficient loan demand to offset it with interest income. The core local business customer balances go down as they use more of their own funds to lower interest expense. When the hot money matures, it leaves unless you price it high again to retain. If it leaves, you lose serious liquidity with a high concentration of real estate development and construction loans on the books that are not being paid off from less property sales due to the local economy cooling. If the hot money is retained you need income drivers to offset the declining interest margins between deposits and loans. All while at the same time, you as Mr. Arrogant, have increased your operating expenses through the increased numbers of branches, related facilities costs/expenses, and increased staff payroll relating to the branches.

This makes any bank any where totally dependent on generating more fee income and reducing its operating expenses to survive if they plan to be prepared to take advantage of an economic rebound in the future. Instead of making things better for our division to provide the high premiums, fee and servicing income, Mr. Arrogant did the opposite. He had also reduced our ability to make non-real estate secured business loans that would have added diversity to the loan portfolio, which was a major desire of the regulators. He doubled down on making real estate loans in SoCal while expanding the branch network. For awhile he could brag about how smart he was… until he couldn’t with the debt market and general economic crash of 2008.

Our regional team left in the fall of 2003. My former division CEO left about six months later to begin operations of the company he started. We left TVB a few production officers in our region who were lesser performers, who began sending their loans to the credit area in Temecula. They never reopened a regional credit and loan closing operation in the east. They hired a less accomplished replacement for our former division CEO in mid 2004. He lasted a few years before leaving as the bank started into serious decline. The top credit officer retired and was replaced by a rogue, possible criminal that Mr. Arrogant hired. The bank had grown to $1.4 B in assets by this point, ten times the size it was when we were first hired. The debt market melt down of Wall Street had occurred and with it the national economy. So, let’s see what the FDIC’s Office of the Inspector General (OIG) wrote in their official autopsy. This is highly worth your time to read as a behind the scenes view of how it all works. Please at least read the opening summary.

https://www.fdicoig.gov/sites/default/files/reports/2022-08/10-018.pdf

I am confident this could be used as a case study in banking schools nationwide of what not to do. It was complete vindication for us and our line of business. With the collapse and closure in 2009, Mr. Arrogant was relieved of his duties. The force of his personality and cronyism kept him in the seat for far too long. The stockholders and employees lost out as a result.

The experience was another win-lose-win from my viewpoint. Despite the early lies, we were able to restore the pre-employment agreement and go on to be successful. When the bank first began experiencing liquidity issues, we had sufficient time to negotiate our way into an even better situation. However, we did not expect it to become necessary when we first arrived there. With the stock options and solid plan forward, we thought it would be a long term stay. We did not count on the insatiable greed and arrogance of Mr. Arrogant and crew taking over as it did. Which is a shame, but very common in the industry.

Bank Examinations

This section was not originally planned to be in this story. However, current conditions merit its inclusion. It was pertinent BIMD and especially so today.

Bank examiners are people like all of us. They have special knowledge and training. They also have personal goals, ambitions, families, friends, strengths and weaknesses. The have various levels of competency. During my years of being employed in banking, I only met a couple who had made the profession a career. I saw a good number who used it as a stepping stone into careers in banks, investment banking, insurance, rating agencies such as Moody’s/S&P/Fitch and so on. That made their motivations and attention to detail suspect at times.

I have experienced examiners openly lobbying for jobs in our credit and audit departments. I had a couple who became cheerleaders for us within their agencies. With our departure from TVB and acceptance of employment with the Tennessee bank, one state banking commission official told our Chairman/CEO that he should lock me and my key management up on long term contracts, to not let us get away, with me standing there with the two of them. I had one FDIC examiner tell me that we were not making enough loans for sale to the debt markets about six months before the crash.

Think about what my last statement infers. He was stating that we were not churning enough, not making enough money. I learned later he told our ownership and CEO the same thing in their exit interview. At that point our division was providing 80% of the NOI of the total bank; making more money than ownership believed possible a few years before. But here is the lead FDIC examiner stating we were not doing enough.

As a result of these experiences, it never left my mind that sprinkled throughout these regulatory and rating agencies were globalist cabal operatives even BIMD. It is incestuous by nature. If the banks do not do much business, the examiners have nothing much to examine. That exposes them to extreme boredom as well as job loss eventually from RIFs. Rating agencies have a similar issue. If they rate a bank, company, debt issue, securitization, etc. too critically, their client will never use them again. As an example our favorite rating agency for what we did was Fitch. They attempted to understand the business and as a result, the underlying loans in our pools. The other two majors were useless for our purposes BIMD.

So the key for both the bank and the examiners is to maintain an arms length, mutually respectful harmony between them, which happened frequently in my younger years and rarely in my later years. The later situation leads to excesses that can be nudged forward or destroyed by the examiners. Add to it that through the years I saw very few gray hairs remaining as examiners. If the role was truly a life’s profession, that a person could make a rewarding career of it; then there would be more talent and more experienced people in the role. That was not the case. The revolving door led to lower cost, less experienced personnel. As the years rolled by I saw fewer who did not fraternize with the leaders of the banks they examined. Occasionally you would see one later employed by a contract audit or management consulting firm to place their stamp of approval on a client bank or its loan portfolio as the recognized expert in the field.

There will be more discussion on this in future stories.

If you reviewed the OIG report on TVB, you could simply replace their headlong pursuit of real estate financing with what SVB did with their emphasis on higher risk lines of business in the Silicon Valley among other places. Neither took their foot off the gas pedal and pushed the brake pedal until it was too late. The end result was the same along with many of the contributing factors. It is a situation that keeps repeating year after year, bank after bank, and as a direct result of Federal Reserve and politician aided booms and busts.

The FDIC and California bank examiners had every reason and justification to pull the plug on Mr. Arrogant’s practices long before they did. But they did not, just like SVB. If we knew of serious issues as key officers of the bank in 2003, they had to know when they completed their next exam in 2004 after performing their stress tests, financial and operations reviews. These were duties they continued to perform annually until TVB failed five years later. They even categorized TVB as “Well Capitalized” from 2006-2008. Yet, they failed the next year. Yeah, OK.

I don’t view what I witnessed over 30+ years in this area as accidental, incompetency related, or an inconsistent application of regulations. I see it is as a system feature. Consider the huge implications.

Conclusion

i have disclosed a lot from Goober’s banking employment adventures over about a nine year period. With each new employer the team grew and became better at what they did. They were never forced out or terminated by the employer. Even in the more strained or incompetently managed situations where they chose to leave, the leaders wanted them to stay. They left because conditions changed from decisions made by ownership and/or executive management that signaled that it was time to look around. There was never an employment situation that they accepted when they were not prepared in their minds to walk away, while at the same time hoping they would not have to anytime soon.

They felt like Abraham and family as he moved from place to place at the Lord’s direction while experiencing inexplicable events. They learned to accept that was in the DNA of the industry. It did not have to be, it just was. With their move to the TN bank and control of operations, they all hoped that would end and they could do something that would last long term.

Remember this as we move the story forward.

Blessings to all.

SVB & BANK COLLAPSE/BAILOUT

I AM NOT GOING TO MAKE THIS FANCY. I JUST WANT A PLACE WE CAN PUT ALL THE INFORMATION.

CORBETT REPORT: talks of Bank of England implementing Central Bank Currency and a questionaire designed to show buy in.

WHAT IS THE DELPHI TECHNIQUE? – QUESTIONS FOR CORBETT

Peter writes in to ask how we should respond to the Bank of England’s rigged survey about CBDCs. James answers by describing the Delphi method and how to anti-Delphi in real life.

https://www.bitchute.com/video/cCQeKybJhJq8/

FROM COMMENTS ON MAY 12TH

DO NOT FORGET KLAUS SCHWAB’S THREAT ABOUT CYBER ATTACKS….

The WEF “Cyber Attack” Scenario: Another Crisis “Much Worse than Covid”, Paralysis of Power Supply, Communications, Transportation

WEF: “There will be another crisis. It will be more significant. It will be faster than what we’ve seen with COVID”


TradeBait2
(@tradebait2)

Offline

Coyote

 Reply to  Gail Combs

 March 12, 2023 15:39

OK, OK. I get it.

There is no doubt they want us in the digital economy. There is no doubt half the population will never do it without a dictator forcing it. So they are setting up China to be their dictator by killing manufacturing and selling off as many of our strengths as possible. These things we know.

SVB was a creation of the cabal in the 1980s. Its primary purpose of late was to fuel the green economy, venture capital into Silicon Valley tech/research/etc., big Pharm, and other globalist type endeavors. They were the go-to for those industries and it was totally incestuous.

As for today –

First, their investment portfolio is upside down. They have $21 B of treasuries yielding 1.79% when the most recent treasury 10 year issues were at 3.9%. Enter Coothie and others with their “mark to market” accounting discussions. Add in they need to sell some of those assets due to the run. In summary, they take a big hit there.

They had too much liquidity. The Fed has been raising rates, reducing business activity. Less borrowings to earn interest, more payout of interest for higher interest rate deposits that are locked in for at least a year.

Overall economic downturn depressed access to capital for their major customers, which by nature are hard to finance conventional methods. Many would qualify for junk bond status. So those companies, who are depositors in SVB, begin drawing down deposit balances to fund their operations. This adds to SVB’s cash drain.

SVB tries to go to the markets and issue over $2 B in stock to mitigate the damage. That sparks alarm, adds to the run. Buh bye SVB.

Long term –

The major banks, many larger than SVB, are derivative monsters. That exposes them to huge risk in world currency markets as well as interest rate movements if an alternative develops that changes America from being a historical safe harbor for investment and cash. In essence, we have been using our perceived military and economic power to bend over other countries around the world to fuel our spending problem. What happens when there is a more stable alternative? i and others contend that alternative is BRICS with their gold and precious metals standard and mutually accepted currency valuation methods.

If this proceeds as it appears, our larger banks will be in major trouble. The Fed will print more money that we have ever seen. Inflation will explode. Real estate values will tank with a huge rise in defaults. Etc. That will provide the entry the globalists want to force digital currency on a scared population. It will be sold as the patriotic thing to do.

All sponsored by WEF and others in conjunction with BRICS.

Precipice.

𝗟𝗢𝗢𝗞 𝗮𝘁 𝘁𝗵𝗲 𝘀𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝗔𝗖𝗧𝗨𝗔𝗟 𝗚𝗢𝗔𝗟 𝗼𝗳 𝘁𝗵𝗲 𝗖𝗔𝗕𝗔𝗟. 𝗧𝗵𝗲𝘆 𝘄𝗮𝗻𝘁 𝗮 𝗱𝗶𝗴𝗶𝘁𝗮𝗹 𝗰𝘂𝗿𝗿𝗲𝗻𝗰𝘆 𝘁𝗶𝗲𝗱 𝘁𝗼 𝗮 𝘀𝗼𝗰𝗶𝗮𝗹 𝗰𝗿𝗲𝗱𝗶𝘁 𝘀𝘆𝘀𝘁𝗲𝗺 𝘀𝘂𝗰𝗵 𝗮𝘀 𝗖𝗵𝗶𝗻𝗮 𝗵𝗮𝘀 𝘀𝗼 𝗯𝗮𝗱 𝘁𝗵𝗮𝘁 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻 𝗧𝗔𝗦𝗧𝗘 𝗜𝗧!

Everything you need to know about Joe Biden’s crypto and digital dollar executive order – Euro News

By 

Euronews and Reuters  •  Updated: 09/03/2022

US president Joe Biden signed an executive order on Wednesday requiring the government to assess the risks and benefits of creating a central bank digital dollar, as well as other cryptocurrency issues, the White House said….

Biden’s order will require the US Treasury Department, the Commerce Department, and other key agencies to prepare reports on “the future of money” and the role cryptocurrencies will play.

Biden is planning a new digital currency. | The Hill

But there is an even more important part of the 

EO: President 

Biden has instructed the federal government and Federal Reserve to lay the groundwork for a potential new U.S. 

currency, a 

digital dollar.

Biden announces new Digital Currency EU Times

President Biden admitted recently that the coming ‘New World Order‘ will soon force a digital currency on everybody which will completely replace the traditional U.S. dollar.

On March 9, the Biden administration released an executive order (EO) instructing a long list of federal agencies to study digital assets and to report back to him about their use and proposals to regulate them. 

Much of the executive order is focused on cryptocurrencies such as bitcoin and ethereum, which run on blockchain technology.

But there is an even more sinister aspect of the EO that has been completely ignored by the mainstream media: President Biden has instructed the federal government and Federal Reserve to lay the groundwork for a new U.S. currency, a digital dollar that can be tracked and controlled by the government...

Remember during the Obama years there was a 2 TRILLION DOLLAR UNDERGROUND ECONOMY the Cabal could not track REGULATE OR TAX!

So yes there is an E.O just as General Flynn said.
….

Accidental Banking System Failure? Don’t You Believe It.

By Gregory Mannarino TradersChoice.net

The overnight collapse of SVB, (Silicon Valley Bank), has certainly got everyone’s attention, but is this really any surprise at all?

Absolutely not.

The collapse of SVB is just a symptom of the current worldwide economic freefall being deliberately fostered by central banks.

If you are at all familiar with any of my work or have paid attention to the many articles I have written for the Trends Journal, then you are already keenly aware that right now today 

the entire financial system is breaking down… and this is NOT any accident. (We are in the early stages of a deliberate systemic failure).

Today the world economy is in an accelerating freefall, teetering on a knifes edge, being deliberately pushed off the financial cliff by central banks who are collectively attempting to crush the existing system only to issue in a new one.

Roughly 8 months ago, I began to warn those who follow my work on YouTube, (check out my older videos), that the banks are in trouble. It just became too obvious, and the current situation with the banks comes down to just THREE things: 

no deposits, no loans, and no deals.

In truth, it’s NOT the banks who are in trouble, but as always-We the People. Just some of the fallout from the SVB collapse is this; depositors with more than the government $250K FDIC insurance will never be made whole, and nor will the shareholders, who were just up until a few days ago being told that everything with the bank was sound. Not to mention the throngs of people who just became unemployed. The greatest threat? The collapse of smaller/regional banks will allow the MEGA banks to consolidate power….

𝗜 𝘀𝘁𝗿𝗼𝗻𝗴𝗹𝘆 𝗿𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱 𝘆𝗼𝘂 𝗿𝗲𝗮𝗱 𝘁𝗵𝗲 𝗿𝗲𝘀𝘁 𝗼𝗳 𝘁𝗵𝗶𝘀 𝗮𝗿𝘁𝗶𝗰𝗹𝗲.

….

Looking at some comments from yesterday:

para59r  Reply to  phoenixrising
 March 11, 2023 10:06 … #1064592

Just a thought… not sure if it’s right. Inflation comes about when too much money is chasing too few goods. Fed is currently fighting inflation by raising rates. Everyone is screaming about it. Would this be a back door way of eliminating excess money in the market? The ones currently getting whacked are mostly those with lots of excess cash.

The FED was scheduled to raise rates higher on the 22nd of this month and they have been saying they should of raised rates higher than they did (only .5%) when they last met so this one is expected to at minimum be .75% or maybe a full 1%. 

Will be interesting to see where they go next. If they do another .5% would that may be another indicator that this bank failure has been manufactured?    

Interesting to see the FED is going to meet out of schedule on Monday.

para59r
 March 11, 2023 22:13
#1064946

Up to date talk to include banking situation. His message, don’t fall for it.

Yeah it is a Alex Jones interview but he does mostly shut up.
go from 7 minutes.. (20 minute video)

He covers the WHO taking over health care, nuclear war and then the bank collapse.
@ 15 minutes WAIT on withdrawing funds. The way we BEAT the Cabal is to EXPOSE THEM…
@ 17 minutes their are alreadycorporations and elements of the US government BETA TESTING CENTRAL BANK DIGITAL CURRENCY…

….

What Flynn is saying makes sense.

  1. Bite-me has signed E.O for transition to digital currency.
  2. This bank failure, which several people say SHOULD NEVER HAVE HAPPENED, is meant to stampede normies into bank runs.
  3. Bank runs will be used as an excuse to usher in Digital currency.

I am not really fond of listening to Flynn he is a horrible speaker but this fits the facts.

𝗚𝗲𝗻𝗲𝗿𝗮𝗹 𝗙𝗹𝘆𝗻𝗻 𝗶𝘀 𝘀𝗮𝘆𝗶𝗻𝗴 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹𝗶𝘀𝘁𝘀 𝗮𝗿𝗲 𝘁𝗿𝘆𝗶𝗻𝗴 𝘁𝗼 𝗦𝗧𝗔𝗠𝗣𝗘𝗗𝗘 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝗻𝘀 𝗶𝗻𝘁𝗼 𝗯𝗮𝗻𝗸 𝗿𝘂𝗻𝘀 𝘀𝗼 𝘁𝗵𝗲𝘆 𝗰𝗮𝗻 𝘁𝗵𝗲𝗻 𝗵𝗮𝘃𝗲 𝘁𝗵𝗲 𝗲𝘅𝗰𝘂𝘀𝗲 𝘁𝗼 𝘀𝘄𝗶𝘁𝗰𝗵 𝘂𝘀 𝘁𝗼 𝗗𝗜𝗚𝗜𝗧𝗔𝗟 𝗖𝗨𝗥𝗥𝗘𝗡𝗖𝗬!

….

 March 12, 2023 13:50

#1065247

@ 45 minutes the guys DROP A BOMB!

 On November 7, 2016, Louise Mensch published this article “EXCLUSIVE: FBI ‘Granted FISA Warrant’ Covering Trump Camp’s Ties To Russia” in Heat Street,

Two separate sources with links to the counter-intelligence community have confirmed to Heat Street that the FBI sought, and was granted, a FISA court warrant in October, giving counter-intelligence permission to examine the activities of ‘U.S. persons’ in Donald Trump’s campaign with ties to Russia.

Contrary to earlier reporting in the New York Times, which cited FBI sources as saying that the agency did not believe that the private server in Donald Trump’s Trump Tower which was connected to a Russian bank had any nefarious purpose, the FBI’s counter-intelligence arm, sources say, re-drew an earlier FISA court request around possible financial and banking offenses related to the server. The first request, which, sources say, named Trump, was denied back in June, but the second was drawn more narrowly and was granted in October after evidence was presented of a server, possibly related to the Trump

campaign, and its alleged links to the two banks;   SVB Bank and Russia’s Alfa Bank. While the Times story speaks of metadata, sources suggest that a FISA warrant was granted to look at the full content of emails and other related documents that may concern US persons.” — Heat Street

They refer to this: Jan 19 2023 Bank of America Customers Report “Disappeared” Money From Accounts

Some Bank of America customers said money is missing from their accounts, including funds from Zelle deposits and transactions.

Rey Garcia has trusted Bank of America with his money for 20 years.

I was surprised, like, whoa,” Garcia said. “So I checked my transactions. I had, like, 15 different Zelle transactions. That was, like, a red flag for me right there because I don’t remember doing all that in one day.”

He says almost $700 went missing from his account. He called customer service with no luck getting a representative.

Greggie Murphy 

@gregNEVERchills

There’s a Bank of America issue where zelle transfers after 1/9 arent being reflected in the balances of ur bank account. I almost lost my mind when I saw $2,000 was missing from my account. Not accepting calls because of “extenuating circumstances” is insane. CALL ME!!!

https://twitter.com/gregNEVERchills/status/1615720625057800194


…Zelle, a peer-to-peer payment processor that is available through more than 1,700 financial institutions, said that the “issue was not the result of any issues with the Zelle Network.”

We understand that a Zelle Network financial institution may have experienced issues processing some of their customers’ Zelle transactions, which has now been resolved,” a Zelle spokesperson told FOX Business.


#1065256

Banks Ranked by Derivatives
Rank .. Derivatives ………… Bank Name
1 .. $55,387,209,000,000 .. JPMorgan Chase Bank
2 .. $51,794,949,000,000 .. Goldman Sachs Bank USA
3 .. $46,562,329,000,000 .. Citibank
4 .. $22,087,831,000,000 .. Bank of America
5 .. $12,191,517,000,000 ..Wells Fargo Bank

WELLS FARGO...

Mar 10, 2023

Wells Fargo Says “Technical Issue” Causing Customers to See Missing Deposits in Their Accounts

Wells Fargo on Friday scrambled to respond to customers who reported deposits were missing from their accounts.

Customers complained about missing deposits in their accounts.

Many customers were unable to pay bills or buy groceries.

.

.

Another customer complained about a direct deposit disappearing.

One customer complained about being overdrawn because of missing direct deposits.

Wells Fargo responded: “I understand your concern. If you see incorrect balances or missing transaction, this may be due to a technical issue. We apologize for the inconvenience. Your accounts continue to be secure. We are working quickly on a resolution. -Amanda

Another thing about Wells Fargo.

In that AZ hearing, Remember in the testimony Jacqueline Breger mentionedWELLS FARGO!

Hunter’s Burn Notice: Miami & Houston Edition


Additionally, Wells Fargo is right next to 

Greenberg Traurig LLP, like in one’s backyard. Greenberg was tied to the stock warrants and a blind trust of 22.5% that goes through Continental. 

 Wells Fargo 

was Hunter and Jim Biden’s Bank of choice from the Laptop from Hell….


Failed Silicon Valley Bank Funded Democrats, Establishment Republicans
SVB’s PAC had some eye-opening expenditures.

FEC filings from 2020 and 2022 show the Silicon Valley Bank PAC, the Super PAC associated with the failed bank, donated in 

2020 and 

2022 to Political committees directly aligned with Congressional Democrats and pro-impeachment Trump Republicans.

On December 22nd, 2020, well after the 2020 election, Silicon Valley Bank PAC donated to Citizens for Waters, a political committee aligned with Congress Woman Maxine Waters(D-CA). On the same date, Silicon Valley Bank Pac donated to Friends of Gregory Meeks, a political committee aligned with Congressman Gregory Meeks (D-NY). Anthony Gonzales for Congress also received a donation from Silicon Valley Bank Pac on December 22nd, 2020. Anthony Gonzales was among the few Republican Congressmembers to vote to impeach Trump following January 6th….

Interestingly the only political committee Silicon Valley Pac gave to during the 2022 cycle was to friends of Mark Warner. Mark Warner won reelection in 2020 and is not up again until 2026.

Congressional records show that Silicon Valley’s Bank lobbyist in 2022 where the Franklin Square Group, LLC. Franklin Square Group was founded by Josh Ackil, who worked for then-President Bill Clinton. Ackil openly brags about his workings with the Clintons on his Franklin Square Group profile and in media outlets such as the Hill….

Tweet from:
Bill Ackman

@BillAckman

The gov’t has about 48 hours to fix a-soon-to-be-irreversible mistake.

 By allowing @SVB_Financial to fail without protecting all depositors, the world has woken up to what an uninsured deposit is — an unsecured illiquid claim on a failed bank.

Absent 

@jpmorgan

@citi

or 

@BankofAmerica

acquiring SVB before the open on Monday, a prospect I believe to be unlikely, 

or the gov’t guaranteeing all of SVB’s deposits, the giant sucking sound you will hear will be the withdrawal of substantially all uninsured deposits from all but the ‘systemically important banks’ (SIBs). These funds will be transferred to the SIBs, US Treasury (UST) money market funds and short-term UST. There is already pressure to transfer cash to short-term UST and UST money market accounts due to the substantially higher yields available on risk-free UST vs. bank deposits.

These withdrawals will drain liquidity from community, regional and other banks and begin the destruction of these important institutions. The increased demand for short-term UST will drive short rates lower complicating the 

@federalreserve ’s efforts to raise rates to slow the economy.

Already thousands of the fastest growing, most innovative venture-backed companies in the U.S. will begin to fail to make payroll next week. Had the gov’t stepped in on Friday to guarantee SVB’s deposits (in exchange for penny warrants which would have wiped out the substantial majority of its equity value) this could have been avoided and SVB’s 40-year franchise value could have been preserved and transferred to a new owner in exchange for an equity injection. We would have been open to participating.

This approach would have minimized the risk of any gov’t losses, and created the potential for substantial profits from the rescue. Instead, I think it is now unlikely any buyer will emerge to acquire the failed bank. The gov’t’s approach has guaranteed that more risk will be concentrated in the SIBs at the expense of other banks, which itself creates more systemic risk.

For those who make the case that depositors be damned as it would create moral hazard to save them, consider the feasibility of a world where each depositor must do their own credit assessment of the bank they choose to bank with. I am a pretty sophisticated financial analyst and I find most banks to be a black box despite the 1,000s of pages of 

@SECGov filings available on each bank.

SVB’s senior management made a basic mistake. They invested short-term deposits in longer-term, fixed-rate assets. Thereafter short-term rates went up and a bank run ensued. Senior management screwed up and they should lose their jobs.

The 

@FDICgov and OCC also screwed up. It is their job to monitor our banking system for risk and SVB should have been high on their watch list with more than $200B of assets and $170B of deposits from business borrowers in effectively the same industry.



The FDIC’s and OCC’s failure to do their jobs should not be allowed to cause the destruction of 1,000s of our nation’s highest potential and highest growth businesses (and the resulting losses of 10s of 1,000s of jobs for some of our most talented younger generation) while also permanently impairing our community and regional banks’ access to low-cost deposits. This administration is particularly opposed to concentrations of power. Ironically, its approach to SVB’s failure guarantees duopolistic banking risk concentration in a handful of SIBs. My back-of-the envelope review of SVB’s balance sheet suggests that even in a liquidation, depositors should eventually get back about 98% of their deposits, but eventually is too long when you have payroll to meet next week. So even without assigning any franchise value to SVB, the cost of a gov’t guarantee of SVB deposits would be minimal. On the other hand, the unintended consequences of the gov’t’s failure to guarantee SVB deposits are vast and profound and need to be considered and addressed before Monday. Otherwise, watch out below.

This guy sounds like he knows what he is talking about.

Start at 12 minutes go to around 20 minutes.

Prior to this “TruReporting” mentioned the bank loans were to SOLAR AND WIND. Those are the companies they are talking about. Loans went out no money came back in . (Do not forget all the Biden $$$ for green energy) He seems to thing it might have been a money laundering scam.

He also talks about how it is similar to the 2008 Lehman Brothers scam under Obama.

….

They are mentioning that the companies effected are going to go to Biden for BAILOUTS!

GEE, and Biden JUST HAPPENS TO WANT TO INCREASE THE DEBT CEILING– IMAGINE THAT! (Snarl)

As Wolfie always says
AND LOGIC…


RDS (@guest_1065398)

Online

 March 12, 2023 18:18

#1065398

IMO, this guy may have a point —

https://markcrispinmiller.substack.com/p/with-big-banks-cbdcs?utm_source=substack&utm_medium=email
2 hours ago
“With big banks going under, CBDC’s can’t be far behind—and if we don’t STOP them, “lockdown” will be total, and eternal, for us all”

Yours Truly: If one is reading the article correctly, Mr. Miller is of the opinion that since “vaccination” isn’t “working out”, and that the truth is being shown about Jan6, the “Next Big Thing” that will be “deployed” is economic collapse and the imposition of Central Bank Digital Currencies.

RDS (@guest_1065398)

Online

 March 12, 2023 18:18

IMO, this guy may have a point —

https://markcrispinmiller.substack.com/p/with-big-banks-cbdcs?utm_source=substack&utm_medium=email
2 hours ago
“With big banks going under, CBDC’s can’t be far behind—and if we don’t STOP them, “lockdown” will be total, and eternal, for us all”

Yours Truly: If one is reading the article correctly, Mr. Miller is of the opinion that since “vaccination” isn’t “working out”, and that the truth is being shown about Jan6, the “Next Big Thing” that will be “deployed” is economic collapse and the imposition of Central Bank Digital Currencies.

I assume that Circle is this company.
https://www.circle.com/en/
Best I can tell they have 9 Billion in assets.
Partnered with Mellon, Black Rock and lessors.
In short.

Circle is a global financial technology firm that’s at the center of digital currency innovation and open financial infrastructure. We bridge the traditional financial system and the world’s leading public blockchains to unlock growth for businesses and investors around the world.

I wonder if they were one of companies that got early warning to pull out?

There is the crypto thing, again.

Crypto is cited in every financial institution going under, recently.

^^^ NOT a coincidence, in my shallow way of thinking. Never trust crypto.

https://media.patriots.win/post/LxstkheNeqDE.jpeg

https://media.patriots.win/post/q2lrDWCiHBFA.png

Arnaud Bertrand – Twitter – Charts at link.

What a chart in the FT: China is now as big as the US and the EU **COMBINED** (!) in terms of manufacturing value added (a measure of the net-output of all manufacturing activity in a country).

Just 15 years ago it was smaller than either one of these 2. Crazy fast change! &

And the craziest part is that its share of world manufacturing increases like this despite shrinking as a share of China’s GDP

In other words, other constituents of China’s GDP (like services) grow even faster than manufacturing. &

And the proportional growth isn’t finished, as the EU’s share is bound to decrease *a lot* 

https://s.w.org/images/core/emoji/14.0.0/svg/1f53d.svg, which will increase other countries’ proportionally (and probably China’s disproportionally, since it is the best positioned to capture more manufacturing).

𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: 𝗙𝗲𝗱, 𝗙𝗗𝗜𝗖 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗻𝗴 𝗕𝗮𝗰𝗸𝘀𝘁𝗼𝗽 𝘁𝗼 𝗠𝗮𝗸𝗲 𝗦𝗩𝗕 𝗗𝗲𝗽𝗼𝘀𝗶𝘁𝗼𝗿𝘀 𝗪𝗵𝗼𝗹𝗲 𝗮𝗻𝗱 𝗦𝘁𝗲𝗺 𝗖𝗼𝗻𝘁𝗮𝗴𝗶𝗼𝗻 𝗙𝗲𝗮𝗿𝘀 – 𝗖𝗡𝗕𝗖

2nd Smartest Guy in the World

3 hr ago

[QUOTE]

The government and their useful idiot secretary of treasury Janet Yellen have just done an about face and are now telegraphing that they will be intervening yet again in “free” markets.

It’s a publicly traded crime scene.… The media wants to make it a crypto story, but it’s not. This is a worldwide money laundering story through these two networks with a crypto wrapper.

— 

short seller Marc Cohodes

So why would an illegitimate Federal government, its criminal agencies and the private central banksters at the Fed provide the optics of yet another (quasi) bailout of a bank that failed due in no small part to the very conditions that these central planners caused with their unhinged policies in the first place?

Bailing out SVB will be a drop in the bucket fiat-wise compared to the orgy of money printing that went down during the scamdemic.

Between banks and centralized crypto corporations simultaneously failing, the narrative options for collapse are more than sufficient.

There are many other banks like SVB that are in long-duration securities and have irresponsible and dangerous exposure to treasuries and other bonds. Short sellers started circling these institutions weeks ago, and more will pile in betting against these insolvent banks.

Here is how this may end up playing out:

  • The bailout is a headfake
  • When other banks start failing over the coming weeks the government apparatchiks like Yellen will claim that they did their best by backstopping SVB while the systemic contagion worsens all around
  • By bailing out SVB they are providing the requisite narrative to cover their asses when their masters pull plug on the entire global financial system
  • SBV may be used as the “Black Swan” excuse for their PSYOP-MARKET-CRASH, and they can once again claim that they did their utmost (e.g. “The banking system is contained” a la Ben Bernanke’s “Subprime is contained”), but in the end oops sorry the cascading bankruptcies and bank runs were too much for the government to handle
  • Pain and fear from frozen bank accounts, food insecurity, inflation, etc. is the perfect means of herding people into the social credit score system of CBDC’s, UBI, never-ending DEATHVAX™ boosters, climate lockdowns, 15 minute cities, etc. & etc.

This is all by design.

Meanwhile, depositors have already begun to panic:

.

.

[UNQUOTE]


kalbokalbs
(@kalbokalbs)

Offline

Coyote

 Reply to  RDS

 March 12, 2023 19:41

Still listening to one of the video’s. Corbett. Lots a nuggets.

 CBDC – A digitl concentration Camp.

CBDC – When the government TRIES to INSTALL CBDC, I expect:

  • 100% CALL TO A GENERAL STRIKE – Shut The Country Down.
  • Americans of ALL types will say, FUCK NO.
  • ALL 50 States, 50 State Capitals, large cities, small cities…
  • Rich, poor, across all blue collar, white collar, retired…
  • Gotta believe there will be Widespread, Massive, HELL NO To CBDC.

YES, Coviciocy / Covidiot Injections are being exposed / failing. The J6 narrative LIES are being exposed.

CBDCs will be, ARE a bridge to far. Vast Majority of Americans WILL rise up against CBDC, once they learn, CBDC – Are A Digital Concentration Camp.

Or so I believe.

phoenixrising(@phoenixrising)

Offline

Wolverine

 March 12, 2023 21:01

Okay, I guess I skipped over  zerohedge’s piece on the Fed’s Statement … that was a mistake!

lookie here:

“The Fed also said that it is prepared to address any liquidity pressures that may arise, which in turn has just unveiled the first bailout acronym of the new crisis: the Bank Term Funding Program, or BTFP. Some more details:

The financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral.  These assets will be valued at par.  

The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.

The Fed explains that the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP.” And while the Federal Reserve – which was completely clueless about this banking crisis until Thursday – does not anticipate that it will be necessary to draw on these backstop funds, we anticipate that the final number of needed backstop liquidity be somewhere north of $2 trillion.

What is more notable is that the BTFP – or Buy The Fucking Pivot – facility, will pledge collateral at par, not at market value, thus giving banks credit for all those hundreds of billions in unrealized net losses, and allowing banks to “unlock liquidity” based on losses which the Fed and TSY now backstop!

full article here https://www.zerohedge.com/markets/svb-latest-developments-live-blog-fdic-auction-failed-svb-assets-underway

Brave and Free (@guest_1065461)

Offline

 March 12, 2023 20:38

Depositors won’t lose any $$

https://www.federalreserve.gov/newsevents/pressreleases/monetary20230312b.htm

No $$ lost except

Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

Coothie

It’s still short of The Iceland Plan if former management is still walking around….

Kalbokalbs

Management gets bonuses AND an opportunity to buy SVB stock, BELOW market.

phoenixrising
pennies on the $ — JP Morgan and Jamie Daimon just got richer!

phoenixrising

https://www.zerohedge.com/markets/bitcoin-bullion-surge-after-fed-bailout-rate-hike-odds-plummet

US Financial Regulators shut down Signature Bank

https://www.cnbc.com/2023/03/12/regulators-close-new-yorks-signature-bank-citing-systemic-risk.html

click link for statement in image form https://t.me/intelslava/45751

Fed just bailed out SVB depositors while Yellen is saying there’s no bailouts. There it is.

– Philip Pilkington

““These banks are badly run because everybody is focused on diversity and all of the woke issues and not concentrating on the one thing they should, which is shareholder returns,” ~ Home Depot Founder https://www.zerohedge.com/political/home-depot-founder-tells-americans-wake-after-silicon-valley-bank-collapse

Dear KMAG: 20230313 Joe Biden Didn’t Win ❀ Open Topic

Joe Biden didn’t win. This is our Real President:

U.S. President Donald Trump prepares to board Marine One with first lady Melania Trump en route to his Mar-a-Lago estate in West Palm Beach, Florida following the release of the Mueller report at the White House in Washington, U.S., April 18, 2019. REUTERS/Carlos Barria – RC1F20A769B0

AND our beautiful REALFLOTUS.


This Stormwatch Monday Open Thread remains open – VERY OPEN – a place for everybody to post whatever they feel they would like to tell the White Hats, and the rest of the MAGA/KAG/KMAG world (with KMAG being a bit of both).

And yes, it’s Monday…again.

But we WILL get through it!!!

Swingingly!

Happily!

Laughingly!


Dedication

Image: https://i.pinimg.com/originals/d5/e5/ad/d5e5ad861f1fc08b93a6d511ed5ff19f.jpg

WHEATIE – OUR WARRIOR ANGEL

by Duchess01


Please forgive us, Wheatie, we did not know
That you had left us with armor in tow
We had no idea with what you dealt
We did not know the pain you felt
And now we can only imagine
With you what really did happen
Cause rarely did you complain 
And/or share your personal pain
Of one thing we are most certain
You are flying high behind the curtain
Watching over us above the crowds
Our Warrior Angel above the clouds
Thank You, Wheatie, for caring for us
While you were here among the fuss
We miss you dear you have no idea
Since time began in the pangaea
With you there was no time
In your wisdom you would chime
To clarify and magnify
The what where how and why
We did not question when you left
We were not slightly bereft
But over time we wondered why
You did not at least stop by
Now we know where you have gone
With the break of this new dawn
We could be angry but are not
Tho with an arrow we’ve been shot
Rest peacefully Warrior Angel dear
Send us a sign that you are near
A butterfly a flower a kiss of rain
From your love do not refrain
God sends Angels to watch over us
And now we have an Angel Plus
A Warrior Angel of Magnificence
From today and forward hence

LINK: https://www.theqtree.com/2019/05/23/the-poetry-tree/comment-page-2/#comment-917655


The Rules

TL;DR –

Wheatie’s Rules:

  1. No food fights.
  2. No running with scissors.
  3. If you bring snacks, bring enough for everyone.

Boilerplate, more or less, but worth reading again and again, if only for the minor changes, and to stay out of moderation.


MINOR CHANGE NUMBER 1

Never talk about committing violence in a reply to Wolf or in response to anything Wolf has said, or you may get put into moderation so that your comments can be screened. This is ONLY because DHS is now playing door-knock Gestapo with people who have spoken at school board meetings, made public comments, etc. DHS regime jackboots are knocking on doors of school board mama bears and stupidly insinuating potential violence from things people say or don’t say on social media. A guy in Ohio pointed his FINGER at the school board, and they went after him, armed with pictures of the pointing, and screen captures of online comments. Yeah.

SO – give the Nazis ZERO ammo. Keep any mention of violence, even joking, away from Wolf, so that he doesn’t have to “explain” humor to humorless jackboots who pretend not to know things.

As for discussion of “violent humor” among yourselves (e.g., “#TeamHeadsOnPikes”), just use whatever discretion you think is appropriate for yourselves. I will only put you in moderation if your comments create problems for ME or THIS SITE, but not if they only impact you.

YOU are responsible for your own comments, if they come knocking. YOUR choice. Just remember this…..

OTHER THAN THAT…….


The bottom line is Free Speech. Theories and ideas you don’t agree with must be WELCOME here, and you must be part of that welcoming. But you do NOT need to be part of any agreement.

Bottom line – respect other people’s FIRST AMENDMENT RIGHTS.

Our only additional requirement is that you do so NICELY. Or at least try to make some effort in that direction.

SO….. [ENGAGE BOILERPLATE…..]

We must endeavor to persevere to love our frenemies – even here.

Those who cannot deal with this easy requirement will be forced to jump the hoops of moderation, so that specific comments impugning other posters and violating the minimal rules can be sorted out and tossed in the trash.

In Wheatie’s words, “We’re on the same side here so let’s not engage in friendly fire.”

That includes the life skill of just ignoring certain other posters.

We do have a site – The U Tree – where civility is not a requirement. Interestingly, people don’t really go there much. Nevertheless, if you find yourself in an “argument” that can’t really stay civil, please feel free to “take it to the U Tree”. The U Tree is also a good place to report any technical difficulties, if you’re unable to report them here. Please post your comment there on one of Wolf’s posts, or in reply to one of Wolf’s comments, to make sure he sees it (though it may take a few hours).

We also have a backup site, called The Q Tree as well, which is really The Q Tree 579486807. You might call it “Second Tree”. The URL for that site is https://theqtree579486807.wordpress.com/. If this site (theqtree.com) ever goes down, please reassemble at the Second Tree.

If the Second Tree goes down, please go to The U Tree, or to our Gab Group, which is located at https://gab.com/groups/4178.

We also have some “old rules” and important guidelines, outlined here, in a very early post, on our first New Year’s Day, in 2019. The main point is not to make violent threats against people, which then have to be taken seriously by law enforcement, and which can be used as a PRETEXT by enemies of this site.

In the words of Wheatie, “Let’s not give the odious Internet Censors a reason to shut down this precious haven that Wolf has created for us.”


A Moment of Prayer

Our policy on extreme religious freedom on this site is discussed HERE. Please feel free to pray and praise God anytime and anywhere.

Thus, please pray for our real President, the one who actually won the election.

You may also pray for our nation, our world, and even our enemies.


Musical Interlude

In honor of dear Wheatie, we now present some music to soothe, inspire, invigorate, or relax.

Here are three “placeholder” videos, selected from old Wheatie posts.

1.

From Dear MAGA: 20190222 Open Topic

2.

From Dear MAGA: 20190223 Open Topic

3.

From Dear MAGA: 20190427 Open Topic

Ah, yes! I remember those days!


Call To Battle

Our beloved country is under Occupation by hostile forces.

Daily outrage and epic phuckery abound.

We can give in to despair…or we can be defiant and fight back in any way that we can.

Joe Biden didn’t win.

And we will keep saying Joe Biden didn’t win until we get His Fraudulency out of our White House.


Wolfie’s Wheatie’s Word of the Day Year Week:


placeholderama

noun

  • the second year of placeholder posts on The Q Tree
  • Wolf’s collection of dummy posts that he alters if he gets the chance
  • justice for more than one swamp rat in Washington

Used in a Sentence:

“OMG, they’re not only placing Eric Holder under arrest – they’re arresting all his cronies – it’s a veritable placeholderama!”

Used in a Picture of Women Prison Guards Watching Eric Holder in Solitary in DC Gitmo:

ENJOY THE SHOW

Have another great week!

W