We have all heard about the bank failures over the past few days.

There is no way you haven’t unless you have been out in the boonies without an internet connection.

So they are going to bail these fuckers out again except this time they are trying to hide it by saying the other banks are going to cover it using this special fund they have to donate to using money from fees etc.

Gee, I wonder who pays those fees anyways?……

Spit.

Since we have all been here before, (Cough cough 2008-present) we can all pretty much tell that not only is this new crisis not over, it has more than likely, just begun.

Especially when pResident StumbleFuck comes out and says this crap,

“Thanks to the quick action of my administration over the past few days, Americans can have confidence that the banking system is safe,” Biden said. “Your deposits will be there when you need them.”

I don’t know about you, but I would be inclined to believe THIS ASSCLOWN before I would Mr. Congenital Liar In Chief.

(Mr. Do The Exact Opposite Of What I Am Shilling Today)

Cramer’s batting average is deep into negative territory, to say the least.

Biden’s is even worse.

So when Biden says everything is Hunky Dory, I start watching for falling anvils.

Let me put it this way, the day before Biden is trying to blow smoke up our asses by saying it’s going to be OK, Trump came out and said THIS,

So who would I believe between the two?

Um, yeah. No contest.

And it’s not like I haven’t been saying its coming for the last, oh I don’t know, maybe TEN YEARS or so.

I have had a bad gut feeling for at least that long, if not longer.

Lately however, it has been screaming at me.

I can pretty much tell you that The Shit Has Hit The Fan and it’s flying everywhere now.

So what else do we have to look forward to?

I’m glad you asked.

For the last six months at least, I have been telling anyone that asks that I feel that Late Summer/Early Fall is when it’s going to get ugly, really ugly.

Things are starting to point to that time frame in a big way.

Now I know that some of you aren’t big fans of Ol’ Uncle Clif but I would HIGHLY recommend that you put your distaste away for a half an hour and PAY VERY CLOSE ATTENTION to his latest video.

I believe that the timeline he works through and the events he is predicting will happen will be invaluable information to have, BEFORE it takes place.

There is Bad Shit coming but there is light at the end of the tunnel and this time it’s not a speeding freight train.

Get ahead of the curve here and inform yourself.

Update, I’m hearing the video isn’t showing up for some folks. It could depend on what browser you are using because it works for me and after CederQ switched from Brave to Pale Moon, it works for him.

I put a link to it in the comments.

Breaking news from the LA Times.

All Silicon Valley Bank customers’ funds guaranteed, U.S. government says

BY KEN SWEET, CHRISTOPHER RUGABER, CHRIS MEGERIAN AND CATHY BUSSEWITZ

ASSOCIATED PRESS

MARCH 12, 2023 UPDATED 4:45 PM PT

The U.S. government took extraordinary steps Sunday to stop a potential banking crisis after the historic failure of Silicon Valley Bank, assuring depositors at the failed financial institution that they would be able to access all of their money quickly.

The announcement came hours before trading began in Asia and amid fears that the factors behind the Santa Clara lender’s collapse could spread. Regulators had worked all weekend to come up with a buyer, and those efforts appeared to have failed as of Sunday.

BUSINESS

Column: The Silicon Valley Bank collapse is Silicon Valley’s problem, not yours

March 10, 2023

In a sign of how quickly the financial bleeding was occurring, regulators announced that New York-based Signature Bank had failed and was being seized on Sunday. At more than $110 billion in assets, Signature Bank is the third-largest bank failure in U.S. history.

The Treasury Department, Federal Reserve and FDIC said Sunday that all Silicon Valley Bank clients will be protected and have access to their funds and announced steps designed to protect the bank’s customers and prevent more bank runs.

“This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth,” the agencies said in a joint statement.

Regulators had to rush to close Silicon Valley Bank, a financial institution with more than $200 billion in assets, on Friday when it experienced a traditional run on the bank where depositors rushed to withdraw their funds all at once. It is the second-largest bank failure in U.S. history, behind only the 2008 failure of Washington Mutual.

Courtesy of the always on top of things, Mr. Pete @ WRSA

Be Ungovernable.

Even if it’s a beater, a man just knows.

The best part is when you are in a hurry and that pussified soy boy in his Prius sees you coming in his rear view mirror and gets the hell out of the way because he can’t be sure if you have insurance or not and he knows deep down that even if you do, you just don’t give a damn.

Biscuits and Gravy is where it’s at.

Minus the sticker.

The Flesh Removing Machine.

That’s no joke.

That thing will FUCK YOU UP if you aren’t REAL CAREFUL.

Works great for certain applications though.