151111 – U.S. Banks Not Safe

Today’s Items:

U.S. Banks Not Safe

Financial regulators, including the Fed and FDIC, have issued a condemnation of the U.S. banking system, according to the annually published report. The report identified a huge jump in risky loans due to overexposure to weakening oil and gas industries that is in excess of $3.9 trillion. In other words, does your bank have a positive net worth?

Venezuela Default?

In order for the government of Venezuela to keep themselves afloat, they had to fund $3.5 billion in bonds by selling 19% of its gold holdings. Needless to say, it is far wiser to use up all paper “assets” to repay “paper” liabilities, before resorting to hart money.

Escorting ISIS

In a video, a convoy of the familiar ISIS Toyota pick-ups, courtesy of the U.S., was apparently escorted by a U.S. Apache attack helicopter from Iraq into Syria. More proof that the U.S. is supporting ISIS, terrorism, and murdering of Christians.

DHS Memo

Senate Republicans are timidly asking the Department of Homeland Insecurity to explain a leaked memo revealing how federal officials were planning to evade a federal court injunction banning parts of Obama’s immigration actions. Contempt of Congress and the Courts? Yes, but that doesn’t matter anymore.

EPA Waste

After opening the books, it turns out the EPA is running a $160 million PR machine, a $715 million police agency, a $1 billion employment agency for seniors, and a $1.2 billion in-house law firm out of a budget of $8.3 billion. Perhaps we need a few pink slips for the EPA.

Gun Sales

In some good news, at a record two million background checks in October, gun sales in the U.S. are up for the sixth consecutive month. Considering the economy, this is a statement. Uh… I think.

Antarctica Ice

According to a newly published study, Antarctica has been gaining ice for the past two or more decades. Of course, climate scam artists, in search of new grants, basically claim that even if the study is correct, it isn’t correct because it contradicts the science that is already supposedly settled. Watching them twisting in the wind is too funny to watch.

Finally, please prepare now for the escalating economic and social unrest. Good Day!

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