Bank Runs. The First Sign The Fed “Broke Something”

Authored by Lance Roberts via RealInvestmentAdvice.com, With the collapse of Silicon Valley Bank, questions of potential “bank runs” spread among regional banks. “Bank runs” are problematic in today’s financial system due to fractional reserve banking. Under this system, only a fraction of a bank’s deposits must be available for withdrawal. In this system, banks only keep a specific amount ofContinue reading “Bank Runs. The First Sign The Fed “Broke Something””

Is The Greater Idaho Movement A Model For National Divorce From The Political Left?

From Zerohedge They said it was an absurd waste of time, but now, the progressive coastal regions of Oregon and Democrats in Idaho are getting a little worried about the “Greater Idaho Movement,” with at least 11 eastern Oregon counties officially voting to leave the state and join their more conservative neighbors in Idaho.  DemocratsContinue reading “Is The Greater Idaho Movement A Model For National Divorce From The Political Left?”

Bump Stocks Return To Store Shelves In These Three States

From ZeroHedge Following the Fifth Circuit Court of Appeals’ decision to invalidate the Bureau of Alcohol, Tobacco, Firearms and Explosives’ administrative ban on bump stocks, the Department of Justice was given until last Monday to challenge the ruling before the Supreme Court. However, since the DOJ did not take any action, the Fifth Circuit’s orderContinue reading “Bump Stocks Return To Store Shelves In These Three States”

Discover Credit Cards Will Track Gun Purchases From April

Authored by Naveen Athrappully via The Epoch Times (emphasis ours), Credit card provider Discover Financial Services will soon allow its network to track purchases made using payment cards at gun stores—triggering criticism that such activity leads to targeting gun owners. In September, the International Organization for Standardization (ISO) had launched a Merchant Category Code (MCC)Continue reading “Discover Credit Cards Will Track Gun Purchases From April”