After a long debate, the SAFER Banking Act is making its way out of committee and onto the floor of the Senate for a vote.
The Act would allow banks to work with cannabis businesses without penalty. It currently enjoys bipartisan support in the Senate, but there are some sinister consequences for firearms businesses due to loose language hidden in the text of the Act.
As currently written, the law does not sufficiently protect the firearms industry from the abuse of banks or regulators to harm firearms businesses in a manner similar to "Operation Chokepoint" of the Obama era.
The law states that Federal Banking regulators can recommend to financial service providers de-bank businesses that they suspect of breaking a rule or condition from a federal agency like ATF.
Consider that currently, the Biden administration has imposed a "Zero Tolerance Policy" on FFLs, which makes mundane and simple mistakes such as misspelling an abbreviation on a form into federal crimes for which a gun store could now be penalized.
ATF's published data concerning its compliance inspections in 2020 reflects that it conducted 5,823 inspections and found and reported errors in 43.7% of those inspections.
ATF's compliance inspections for 2022 increased over 2020 by 1,156 inspections to 6,979 inspections, and ATF's data reflects that it found and reported errors in 45.5% of the inspected FFLs. In summary, a failure to clarify whether the language in the law applies only to banking regulations could result in nearly half of all gun stores losing access to financial services!
This month, Supplemental Nutrition Assistance Program (SNAP) benefits will get a boost, but eligibility requirements have changed.
The new rules, which went into effect Oct. 1, stipulate that able-bodied adults without dependents between the ages of 52 and 54 will have to prove that they are actively working, training, or in school. Before, those between the ages of 18 and 52 had to prove they are working at least 80 hours per month, in school, or involved in a training program to get the SNAP benefits.
The age requirement was expanded as part of the debt ceiling deal that was passed in Congress and signed by President Joe Biden earlier this year. The age requirement will expand by another year in October 2024, while the new requirements will be in effect until Oct. 1, 2030.
With the recent changes, the left-wing Center on Budget and Policy Priorities warned that more than 750,000 "older adults" are at risk of losing SNAP benefits due to the "expansion of the existing, failed SNAP work-reporting requirement." The requirements initiated under the debt ceiling deal were the largest changes made to the SNAP, or food stamps, in decades.
"The expansion of this requirement would take food assistance away from large numbers of people, including many who have serious barriers to employment as well as others who are working or should be exempt but are caught up in red tape," it said.
Switzerland will ban the use of electric cars for 'non-essential' journeys if the country runs out of energy this winter, the government has announced.
Emergency plans drawn up in the event the Swiss are hit by blackouts also call for shop opening hours to be reduced by up to two hours per day, heating systems in nightclubs to be turned off, and other buildings to be heated to no more than 20C.
Crisis measures could see streaming services and games consoles banned, Christmas lights turned off, and all sports stadiums and leisure facilities closed.
“’You’ll own nothing and be happy’? David Webb has gone through the 50-year history of all the legal constructs that have been put in place to technically enable that to happen.” [Oct 2 interview titled “The Great Taking: Who Really Owns Your Assets?”]
The derivatives bubble has been estimated to exceed one quadrillion dollars (a quadrillion is 1,000 trillion). The entire GDP of the world is estimated at $105 trillion, or 10% of one quadrillion; and the collective wealth of the world is an estimated $360 trillion. Clearly, there is not enough collateral anywhere to satisfy all the derivative claims. The majority of derivatives now involve interest rate swaps, and interest rates have shot up. The bubble looks ready to pop.
Who were the intrepid counterparties signing up to take the other side of these risky derivative bets? Initially, it seems, they were banks –led by four mega-banks, JP Morgan Chase, Citibank, Goldman Sachs and Bank of America. But according to a 2023 book called The Great Taking by veteran hedge fund manager David Rogers Webb, counterparty risk on all of these bets is ultimately assumed by an entity called the Depository Trust & Clearing Corporation (DTCC), through its nominee Cede & Co. (See also Greg Morse, “Who Owns America? Cede & DTCC,” and A. Freed, “Who Really Owns Your Money? Part I, The DTCC”). Cede & Co. is now the owner of record of all of our stocks, bonds, digitized securities, mortgages, and more; and it is seriously under-capitalized, holding capital of only $3.5 billion, clearly not enough to satisfy all the potential derivative claims. Webb thinks this is intentional.
Webmaster addition: Remember, the "money" is an imaginary construct!
The European Union is aligning with Ukraine in a discourse centered around navigating the realms of information, as articulated by Josep Borrell, EU High Representative for Foreign Affairs and Security Policy.
This conversation emerges in the expansive domain of the digital sphere, moving beyond the traditional frameworks of conflict. While information dynamics have always been a part of global interactions, the digital age introduces new facets to this domain.
During a briefing at the Media Center Ukraine-Ukrinform on Sunday, Borrell touched upon a reality: the ongoing tensions between Russia and Ukraine also extend into the realm of information. Amid allegations of manipulative propaganda and disinformation campaigns, the essence of free dialogue finds itself ignored amidst a complex backdrop.
A technology officer from artificial intelligence company OpenAI warned that if AI is improperly programmed, the platforms could become far more addicting than modern social media and, in a sense, enslave humanity.
Female attendees at a major conference for women in technology were outraged after some males allegedly attended by identifying as non-binary in order to seek the high-paying jobs offered at the meeting.
Earlier this month, a school board in Pennsylvania voted against a policy requiring boys and girls to use bathrooms corresponding to their biological sex. The 5-4 vote was denounced by parents and students alike, and the students staged walkouts in protest.
Americans will soon be able to add shrimp to the list of high-risk meat products getting slipped into the increasingly toxic United States food supply, thanks to an Israeli company that just raised $8.25 million from a group of venture capitalists to start administering oral, RNA-based "vaccine" drugs to the marine life food chain.
On August 13, 2021, the second largest public school district in the United States -- the Los Angeles Unified School District (LAUSD) -- ordered all employees to be “fully vaccinated” against covid-19 by October 15, 2021. Employees who did not consent were considered a threat to public health and to the lives of children.
A surprising number of French people support the idea of placing a limit on the number of times people can fly in their lifetime in the name of saving the environment, with 41 percent of French citizens overall in favor of banning individuals from taking more than four flights – ever.
On the second night of flash mob looting in Philadelphia, the robbers ransacked the liquor store Fine Wine and Good Spirits, attacking its safe and lottery machine, as shown in footage spreading on social media. Reporter of FOX 29 News Philadelphia Steve Keeley, who originally reported on Wednesday night's thefts, later posted the videos showing the aftermath of some looting that occurred at a sneaker warehouse in the city.
Following the 2020 Black Lives Matter (BLM) protests, there is a trend toward systemic discrimination against white individuals. According to a Bloomberg study, the S&P 100 companies collectively added over 300,000 jobs, with 94 percent of those positions filled by individuals from diverse racial backgrounds.
White House Press Secretary Karine Jean-Pierre claimed this week that attempts by House Republicans to get more funding to secure the southern border — in exchange from them approving funding Ukraine — was a political stunt.
Minneapolis’ progressive district attorney is under fire for her woke policies that allow accused rapists, pedophiles and killers to stay free — with even Minnesota’s George Soros-backed general attorney accusing her of taking it too far.
Hennepin County District Attorney Mary Moriarty, 59, took office in January promising to “deliver more safety and more justice” to the community.
Since then, however, she has horrified local families and officials by pushing for suspects in even the most serious crimes to get probation in an effort to keep them out of prison, according to the Star Tribune.
Veteran prosecutor Catherine Markey was only told moments before a plea hearing that the DA was only seeking probation for one of the teens involved in the 2019 carjacking that killed her son, Stephen Markey.