by Simon Black, Sovereign Man:
The Federal Reserve– the most critically important central bank in the world– is completely, hopelessly insolvent.
This isn’t some wild conspiracy theory or overly dramatic interpretation of the facts; we’re extremely data-focused in this organization and base our conclusions on indisputable, open-source figures.
And the facts in this case are crystal clear: the Fed’s own financial statements show that their unrealized losses amount to over $910 billion. Given that the Fed only has $42 billion in capital, this means that America’s central bank has a net financial position of MINUS $868 billion on a mark-to-market basis.
ETs & EBEs
Last week’s revelation that Facebook took orders from the Biden Administration to censor even accurate information about Covid is the latest example of the US government’s disregard for our Constitution. Thanks to Rep. Jim Jordan, Chairman of the House Judiciary Committee, we now know the extent to which the Biden Administration went in its proxy war against the First Amendment.
and the lies an AI will tell to protect US Government policy
Twitter CEO Elon Musk on Monday expressed outrage over a South African black party “openly pushing for genocide of white people” during a giant rally at a sports stadium over the weekend in Johannesburg.
Facebook employees were pissed off about it
