Our weekly round-up of news the mainstream media has ignored or misreported.
Dangers of the run on the SVB bank
THE collapse of the Californian start-up bank SVB reported on Breitbart and elsewhere portends real dangers, writes Jeffrey Tucker of the Brownstone Institute in his most recent emailing. The bank was placed into Federal Deposit Insurance Corp receivership last Friday after the California Department of Financial Protection and Innovation (DFPI) determined it had been rendered insolvent. This was caused by a massive run on the bank, Breitbart reports, with customers withdrawing $42billion, leaving the bank with a negative cash balance. So what caused it? Last week venture capitalists began advising their portfolio companies to ‘diversify’ away from SVB.
Tucker summarises it thus: ‘Their balance sheet ballooned with the Covid stimulus and was heavily invested in fix-rate bonds which found themselves dramatically devalued under the new Fed policy. Customers noticed and tested liquidity. Failure happened very quickly.
‘It goes like this: Lockdowns prompted immense government spending which produced debt that was quickly monetized and eventually caused inflation, prompting the Fed to reverse course with the largest/fastest rate increases in history.
‘This destabilized (or restabilized) production structures, shifting capital in search of return to the consumer-goods sector. Labor has begun to follow, thus creating a surplus of resources in information tech and a shortage in retails.
‘It was always naïve to think that this shift would take place without touching the banking institutions that shoveled leverage in the direction of industries that thrived during lockdowns but are cutting back massively now.
‘The central point: all of this is connected. Every bit of it. And it all traces to the same disastrous policies. Will people see this? Or will this be covered up too?’
More than likely.
BBC distorts Covid testimony to Congress
DR Robert Redfield cannot be ignored even by the BBC as he is the former director of the US Centers for Disease Control and Prevention (at the heart of the US’s Covid response) But its blatant attempt to discredit his testimony by throwing mud in an attempt to distract readers, skim over the hugely important gain-of-function issues and deliberately misquote FBI director Christopher Wray, who did not say the lab incident was ‘unintentional’, has to be noted!
This is what Chris Wray actually said:
And as a counter to the BBC propaganda, here you have the great Steve Bannon setting out how Dr Redfield’s testimony implicates China and the US in gain-of-function research.
Public Accounts Committee castigates furlough schemes
Their latest report published last week feels a bit déjà vu to me. These are the criticisms that should have been made at the time, not coming up for three years later. It’s notable too that it is over a year ago that the Treasury Junior Minister Lord Agnew (the only honourable minister of the ‘state of Covid’ era) resigned in protest over government handling of Covid loans, to an almost universal non-response from the media. Also notable is that the Minister most responsible for this scandal and abuse of public money, the former Chancellor of the Exchequer Rishi Sunak, has yet to be held accountable. Instead, this shameless man has been rewarded – installed as PM in what can only be described as a coup against democracy.
FairFuel keeps up pressure on MPs in advance of Wednesday’s Budget
THE campaign by FairFuelUK to persuade the Government to cut fuel duty, or at least continue to freeze it, is winning MP support. Priti Patel, Craig Mackinlay, Jonathan Gullis, and Sammy Wilson are leading the call. You can read their letter with 21 signatories here. The full list of parliamentarians supporting the campaign is here. The tenacious Howard Cox, the founder of Fair Fuel, asks the government whether they want to stimulate the economy or not in the Sun here.
Iran closer than ever to owning nuclear weapons
I AM not the biggest fan of the Gatestone Institute – who can be less than critical of the US’s corrupt foreign policy, most notably its fuelling of the war in Ukraine with billions disappearing into untold pockets – but what they have been consistently and rightly been exercised about is the Biden administration’s casual unconcern about Iran. This regime has frequently threatened to wipe two entire countries, America and Israel, off the map. And yet, thanks to Biden, Iran is closer than ever to possessing nuclear weapons. Gatestone has been persistent in its exposure of Biden and how his administration has actively accomplished this outcome, and will allow Iran’s mullahs to join the nuclear club. You can read the article here.
The hopeless MSM, by an MSM journalist!
WHY does mainstream media journalist Ian Birrell blame ‘almost all Western media’ who ‘failed in their duty to challenge powerful players and vested interests on the crucial issue of the pandemic origins’ now? Entitled ‘The real Covid conspiracy’ and focusing on the lab leak and the not so ‘supine’ Sir Jeremy Farrar, it is still only half the story. The important part is the mRNA vaccine drive behind Lockdown in the first place. TCW‘s Paula Jardine began her painstaking research and exposure of the guilty men behind the global vaccine imposition in November 2021. This is what the MSM ignored. In this matter – the global vaccine scandal – as ‘transformative’ as was Lockdown and certainly part and parcel of it, was he not one of the supine journalists he criticises now, despite his own investigations into the ‘origin’ of Covid 19? Needless to say it is important that the MSM start examining the real story behind lockdown and the vaccines and the unaccountable transfer of decision-making power to ruthless global bio tech actors with their opportunistic and unethical mRNA ‘war on microbes’ agenda.
Chinese organ harvesting
CHINA is immune to criticism, which is why self-respecting Western businesses and politicians should have no dealings with it at all. The Epoch Times warns that Chinese infants may be at risk of becoming organ-producing machines. It says the evidence points to the Communist authorities selecting babies before birth for kidney transplants to adults. You can read it here.
Washington Post’s coronavirus update – and no, it is not a spoof
IN WHAT it describes as a scoop, this US government propaganda outlet tells us that Chinese (who are reportedly now threatening to impose a flu lockdown) no longer have to undergo Covid testing to get into the US. Great for the Chinese who never had the mRNA death jab or clot shot imposed on them either, something the Washington Post conveniently forgets along with the fact that the land of the free still bans the unvaccinated from visiting it at all, test or no test, provided they don’t come from China, but countries like its main ally, the UK.
New Jan 6th video shows Capitol Police acting as ‘tour guides’ to ‘QAnon Shaman’
Tucker Carlson says the video record does not support the claim that January 6th was an insurrection. In fact it demolishes that claim. LifeSite news reports here. https://www.lifesitenews.com/news/tucker-carlson-new-jan-6-video-shows-capitol-police-acting-as-tour-guides-to-qanon-shaman/?utm_source=digest-freedom-2023-03-09&utm_medium=email
Hope not Hate really hates TCW – we wonder why?
A READER has alerted us to the fact that TCW features in a newly published Hope Not Hate report, Entitled ‘State of Hate 2023’, it is framed as a piece of academic research, but is more of a 132-page common-room harangue where we are lumped in with terrorist organisations.
According to this bastion of love and toleration, we, ‘the misleadingly-titled Conservative Woman’ are ‘an online conspiracy theory-oriented website with predominantly male contributors’ that ‘attracts around one million monthly views of its anti-immigration, anti-vaccine and general conspiracy theory content’. Among ‘the lowlights’ of our 2022 content are James Delingpole ‘claiming that Aids and HIV were a scam effectively concocted by Big Pharma […] to push unnecessary, expensive and dangerous medical treatments’ and an article describing Drag Queen Story Hour events as having a ‘sinister Marxist agenda’.
We are expecting a visit from Prevent next.
Treason of the science journals
A THOUGHTFUL and sound article by Ashley Rindsberg on how Anthony Fauci manufactured consensus on the origins of Covid-19 with the help of science writers and the media.
Met Office rain study: Implausible and misleading
DR Benny Peiser, the director of the Global Warming Policy Foundation, has quite rightly called on the Met Office to withdraw a fatally flawed study which claims that accelerating global warming will make extreme rainfall events in the UK more frequent. He said: ‘The Met Office should withdraw this grossly misleading and baseless study which is undermining its scientific credibility and integrity and makes it look incompetent.’
AI-assisted newspaper articles are here
REACH, the owner of the Daily Mirror and Daily Express among other newspapers, has started publishing articles with the help of AI software on one of its regional websites as it scrambles to cut costs amid slipping advertising revenues. You can read the full story here.
And finally . . . Mark Steyn interviews Naomi Wolfe
If you missed this (no, it was not on GB News but on Mark’s own channel) it is well worth watching this in-depth interview about how the war on Covid turned into a war on freedom. Mark begins by asking Naomi when did she realise that that this was not just about Covid but rather was ‘a big global transformative event’? Wolfe says she was ‘well prepared to recognise a massive bid for tyranny’. Whenever in history there was a coup, she explains, or whenever ‘group of bad actors tried to usurp democracy . . there’s a map that tyrants use . . . and the tenth (rather the first) step they use is emergency law’.
Great interview – you can find it here https://www.steynonline.com/12900/naomi-wolf-a-steyn-show-special
Updated 11am 12.3.23