First Republic may not survive, even after
two multibillion-dollar bailouts
Posted By: Dreadnought, 4/26/2023 8:23:22 PM
New York - First Republic Bank is in a fight for its survival. The past few weeks have been brutal for the San Francisco-based lender. Now, some analysts say a collapse of the bank is imminent. "It's becoming clearer each day" that First Republic is "toast," said Don Bilson at Gordon Haskett, in a note Wednesday. "The only question that really needs to be answered is whether the [Federal Deposit Insurance Corporation] moves in before the weekend or during the weekend, which is when it usually does its thing." The bank reported on Monday that its total deposits fell 41% in the first quarter, sending its stock to record lows. Shares
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DUBAI, United Arab Emirates -- Iran's navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran's nuclear program, the latest-such capture in a waterway crucial for global energy supplies.
The U.S. Navy's Mideast-based 5th Fleet identified the vessel as the Advantage Sweet. Satellite tracking data for the vessel from MarineTraffic.com showed it in the Gulf of Oman, just north of Oman's capital, Muscat, on Thursday afternoon. It had just come from Kuwait and listed its destination as Houston. The Advantage Sweet issued a distress call at 1:15 p.m. while in international waters as Iran seized
WASHINGTON — Former Vice President Mike Pence appeared Thursday before the federal grand jury convened as part of the special counsel investigation into former President Donald Trump’s efforts to overturn his 2020 election loss and remain in power, according to a source familiar with the matter.
The testimony is a significant development in the special counsel’s probe, as Pence could provide critical insights into Trump’s thinking in the days leading up to the attack on the U.S. Capitol on Jan. 6. The former vice president published a memoir and Wall Street Journal opinion article detailing several of his interactions with Trump, but some details were left vague.
Biden can’t recall recent Ireland visit,
seems to forget Hunter’s love child
during Q&A with kids 17 replies
seems to forget Hunter’s love child
during Q&A with kids 17 replies
No wonder President Biden needs a cheat sheet while taking questions from adults.
The 80-year-old commander-in-chief had difficulty remembering his recent state visit to Ireland Thursday while being grilled by kids during a Take Your Child to Work event at the White House. “The last country I’ve traveled, I’m trying to think of the last one I was in,” Biden mused to the children of administration staffers and members of the media.
“I’ve been to, met with 89 heads of state so far. So, uh, trying to think where was the last place I was; it’s hard to keep track.”
“Ireland,” a child shouted out, jogging the president’s memory.
“Yeah, you’re right, Ireland.
More than a third of likely Democrat primary voters believe someone other than President Joe Biden should be the Democrat presidential nominee, according to a poll partially conducted after he announced his reelection bid on Tuesday.
The Emerson College Polling survey, taken April 24-25, shows that 65 percent of those who plan to vote in the Democrat primary want Biden as the nominee versus 35 percent who want “someone else.” When pitted against declared candidates, he sees a minor bump in support. In the present field of Biden, Robert F. Kennedy Jr., and Marianne Williamson, the sitting president takes 70 percent of the support while 21 percent back Kennedy. Williamson
WASHINGTON — President Joe Biden just announced his re-election campaign, but he’s already on track to sacrifice New Hampshire’s famed primary to a fringe rival like Marianne Williamson or Robert Kennedy Jr.
The unusual situation is one of Biden’s own making, thanks to the new primary calendar the Democratic National Committee ratified at his behest in February, which seeks to demote Iowa and New Hampshire and prohibits candidates from campaigning — or even putting their name on the ballot — in a state that jumps the line.
The problem is that New Hampshire and Iowa, both of which Biden lost in 2020, plan to disregard the DNC
Senate fails to extend deadline to ratify
Equal Rights Amendment as most Republicans
vote no 10 replies
Equal Rights Amendment as most Republicans
vote no 10 replies
A push led by Democrats to give more time for states to ratify the Equal Rights Amendment, or ERA, failed on Thursday.
The measure didn't win the support needed to clear a key 60-vote threshold, with the final tally being 51 to 47. Senate Majority Leader Chuck Schumer changed his vote to no in order to bring it back again in the near future. "This issue is too important, and we are not giving up," Schumer said in brief remarks after the vote.
Almost all Republicans voted against the legislation, though Sen. Lisa Murkowski, R-Alaska, lobbied for it in floor remarks before the vote.
Kansas Legislature Passes Sex-Segregated
Bathroom Bill, Overriding Democratic Governor’s Veto 8 replies
Bathroom Bill, Overriding Democratic Governor’s Veto 8 replies
Republicans in the Kansas Legislature obtained the necessary two-thirds supermajority needed to overturn Democratic Governor Laura Kelly’s veto of a bill that requires Kansans to use public restrooms that correspond to their sex.
The law will reinforce that “distinctions between the sexes” in such spaces advances “the important governmental objectives of protecting the health, safety and privacy,” the bill reads.
“We want to have safety,” Republican state representative Brenda Landwehr, told the Associated Press.
Last Thursday, Governor Kelly vetoed a raft of bills passed by the Republican-controlled legislature concerning the transgender community,
Jerry Springer, the former Cincinnati news anchor and mayor who came to preside over the controversial and extremely profitable talk show bearing his name, has died. He was 79.
According to NBC affiliate WLWT, where he once worked as a news anchor, Springer died peacefully Thursday at his home in the Chicago suburbs.
“The Jerry Springer Show” began its multi-decade run in 1991 and, in 1998 at the height of its popularity, beat “The Oprah Winfrey Show” in the ratings, drawing 12 million viewers.
Like Geraldo Rivera, Springer signed on for a show that he thought seemed like the logical next step in his journalism career — a show not unlike “Donahue”
In what looks to be a first for American politics, the Republican National Committee released an AI-generated campaign ad yesterday in response to Joe Biden announcing his reelection bid. Although the RNC disclosed that the ad was AI-generated, the corporate media still went into freakout mode.
The 30-second ad, called “Beat Biden,” uses AI image generation to produce images of Joe Biden and Kamala Harris, and images of some doom-laden hypothetical scenarios if the current occupant of the White House wins re-election. Fears about the potential of AI technology range from the mundane, like entertainment companies worried about copyright infringement, to confident predictions from AI experts
Ron DeSantis Punches Back at Disney Lawsuit:
You Have ‘No Legal Right to Corporate Welfare’ 3 replies
You Have ‘No Legal Right to Corporate Welfare’ 3 replies
Florida Gov. Ron DeSantis (R) has punched back at Disney’s lawsuit, with his team saying Disney is trying to “undermine the will” of Florida voters and has “no legal right to corporate welfare.”
The Walt Disney Co. filed a lawsuit against DeSantis in federal court Wednesday, claiming the Republican governor is waging a “targeted campaign of government retaliation” in the ongoing fight over Florida’s Parental Rights in Education Law, which has been smeared by the mainstream news media as “Don’t Say Gay.” After the California-based Disney publicly threatened to fight to repeal the Florida law, DeSantis stripped the company of its self-governing privileges in the Orlando area
Nikki Haley is auditioning for Trump VP slot
24 replies
Nikki Haley doesn’t have a prayer to become the next President of the United States, although she is a viable VP candidate for sure.
I’ve always had a generally positive impression of her. She is smart, was a good governor, and one of the most reliable and well-spoken of the Trump appointees.
With that said, I was pretty stunned by her cheap shot at Ron DeSantis. I am pretty sure that it will alienate quite a number of people, although to me it’s pretty clear that Republican voters are not the intended recipients of her message. Looking at the language of the tweet her message is clear: she is on board with
Former President Donald Trump has lost an emergency attempt to block former Vice President Mike Pence from testifying about their direct conversations, in the latest boost to a federal criminal investigation examining Trump's and others' actions after the 2020 election.
The former president has repeatedly tried and failed to close off some answers from witnesses close to him in the special counsel's investigation. This latest order from the DC Circuit Court of Appeals likely will usher in Pence's grand jury testimony quickly -- an unprecedented development in modern presidential history.
The unanimous decision, from Judges Patricia Millett, Robert Wilkins and Greg Katsas on the DC Circuit,
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The Fairfax Bar and Grill in Indiana alienated some of its patrons after it condemned them for criticizing Bud Light's association with transgender influencer Dylan Mulvaney. (Snip) However, one venue in Bloomington, Indiana, has made headlines with a contradictory message calling for "open conversations" about the subject, yet demanding those who disagree to "leave" their establishment. "We are tired of all of the hate. We are very open to debate and discussion and it’s truly a shame that we can’t have open conversations about this important political and cultural topic.
Arizona State Rep. Stephanie Stahl Hamilton (D-Tucson) was caught on camera hiding Bibles from her colleagues in the House members-only lounge at the Arizona State Capitol.
When Bibles started disappearing from the lounge, security officers set up a hidden camera to see who was behind the theft. Not too long after that, they discovered Stahl Hamilton was the culprit, according to a report by AZFamily.
AZFamily journalist David Caltabiano posted video footage of the state representative taking a Bible from a console table in the lounge and appearing to hide it.
In a heated moment during a Congressional hearing on the border crisis, Democrat Representative Eric Swalwell had a meltdown after Texas Congressman Troy Nehls called him out for his relationship with a Chinese spy.
The tense exchange, which was caught on camera, quickly went viral on social media.In the video, Rep. Nehls can be heard stating that Swalwell has a “checkered past” and has been alleged to have had affairs and relationships with a Chinese spy. Swalwell immediately erupted in anger, cursing at Rodriguez and demanding that his words be taken down, claiming: “You don’t get to say that s***!”
WATCH:
Nikki Haley is auditioning for Trump VP slot
24 replies
Nikki Haley doesn’t have a prayer to become the next President of the United States, although she is a viable VP candidate for sure.
I’ve always had a generally positive impression of her. She is smart, was a good governor, and one of the most reliable and well-spoken of the Trump appointees.
With that said, I was pretty stunned by her cheap shot at Ron DeSantis. I am pretty sure that it will alienate quite a number of people, although to me it’s pretty clear that Republican voters are not the intended recipients of her message. Looking at the language of the tweet her message is clear: she is on board with
WASHINGTON—She swaggered, she jabbed, she inspired. She even joked.
Anyone looking for a glimpse of what Vice President Kamala Harris could bring to the campaign trail would have found it this week at Howard University, where she headlined a rally for reproductive rights. After two years of tightly scripted, uneven performances that often dismayed Democrats and cheered Republicans, Harris is looser, more forceful and more willing to speak off the cuff following her trip to Africa a month ago.
“That is the vice president that America is going to get a chance to get to know for the first time,” said Laphonza Butler, a former adviser to Harris who leads EMILY’s List.
Around a quarter of high school students identify as gay, bisexual or have a more fluid sexuality, official data suggests.
The Centers for Disease Control and Prevention's biannual youth report found that just 75.5 percent of 14 to 18-year-olds said they were heterosexual in 2021 - a new low.
The remainder said they were either bisexual (12.1 percent), gay or lesbian (3.2 percent), 'other' (3.9 percent) or said they 'questioned' their sexuality (5.2 percent).
A Louisiana high school senior was awarded a staggering amount of scholarships and was accepted to at least 170 colleges he applied to with more acceptance letters rolling in every day.
Dennis Barnes hopes to break the current record for most scholarships ever awarded, which currently sits at $9.4 million. The 16-year-old senior has been offered more than $9 million in scholarships so far. “My goal is to reach $10 million,” Barnes told the local station WWL-TV, per The Daily Mail.
A betting website has released odds along with top candidates to replace Tucker Carlson in his 8 p.m. Eastern time slot on Fox News. The list contains a number of current Fox News contributors in additions to some longshots.
Gambling.com released a list of ten potential candidates to replace what was the most highly-rated show on cable news. Each candidate’s name was accompanied by betting odds, though the lines are not available for wagers on any sportsbooks or betting apps.
Fox “parting ways” with Tucker Carlson was an insane move by any standards of business, given how popular his show was on the network.
As we noted, it didn’t seem to have affected Carlson’s mood, as he seemed to be having a good time with his wife down in Florida. He also put out a video on Twitter. While he didn’t talk specifically about the “parting of the ways,” I think he was making it clear that he wasn’t going to be silenced.But it is affecting Fox. They’ve taken a huge hit in just one day since the news broke on Monday.
If only electric vehicles would shoot sparks — in the marketplace, that is. Despite the billions of dollars invested by private corporations, and government subsidies, Americans are still indifferent as a whole over electric vehicles. Just two in every 10 Americans say they are “very likely” to buy an EV as their next car, according to a recent survey by the University of Chicago’s Energy Policy Institute and the AP-NORC Center for Public Affairs Research.CORRECTON*
Biden can’t recall recent Ireland visit,
seems to forget Hunter’s love child
during Q&A with kids 17 replies
seems to forget Hunter’s love child
during Q&A with kids 17 replies
No wonder President Biden needs a cheat sheet while taking questions from adults.
The 80-year-old commander-in-chief had difficulty remembering his recent state visit to Ireland Thursday while being grilled by kids during a Take Your Child to Work event at the White House. “The last country I’ve traveled, I’m trying to think of the last one I was in,” Biden mused to the children of administration staffers and members of the media.
“I’ve been to, met with 89 heads of state so far. So, uh, trying to think where was the last place I was; it’s hard to keep track.”
“Ireland,” a child shouted out, jogging the president’s memory.
“Yeah, you’re right, Ireland.
Bill O’Reilly has predicted that Tucker Carlson’s departure from Fox News could negatively affect the 2024 presidential race for Republicans.
(snip)
Carlson’s departure “will have a tremendous effect on the future of the Fox News channel, no doubt about that, but more importantly on Republican politics in the 2024 presidential election.”
O’Reilly argued that Carlson’s departure from Fox News, combined with the death of conservative radio host Rush Limbaugh in 2021, has diminished the influence of conservative voices in the news media environment—and that it will now take longer for conservative ideas to permeate beyond Republican and conservative circles and into the conversations of independent voters.