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"The Federal Reserve is already insolvent.
According to its most recent annual financial statements, the Fed has just $51 billion in equity, versus a whopping $948 billion in mark-to-market losses. This means the Fed is insolvent by roughly $900 billion.
This is a big problem. Remember that the Fed is still a bank, i.e. it has financial obligations, liabilities, and depositors that it needs to pay.
For example, commercial banks like JP Morgan and Bank of America have deposited a total of $3.4 trillion of their customers’ money, i.e. YOUR money, with the Fed. And the Treasury Department holds another $700 billion deposit at the Fed.
The Fed owes money to foreign governments. They owe trillions of dollars from repurchase agreements to banks and businesses across the global financial system.
So, yeah, the insolvency of the Federal Reserve is a pretty big deal. Yet, at least for now, no one is saying a word about it.
ETIENNE DE LA BOETIE2
No.
He let the robots cheat...driving Mamdani’s fake social media engagement sky high, which the media turned into fake news that Mamdani was popular, liked, and a genius of a political leader driving a vast grassroots explosion of excitement for a true change agent.
Bot farms out of Pakistan and India flooded X with random promotion of Mamdani coming from fake accounts...suddenly ballooning into the tens and hundreds of thousands. This is not organic engagement by real New Yorkers, but manufactured hype driven by enemy foreign code-writers rigging a US election.
The New York Post is tracking the evidence:
According to analytics compiled from Mamdani’s social media accounts, reviewed by The Post, between June 1 and July 1, Mamdani’s Instagram followers jumped from 213,000 to nearly 3 million — a 1,295% surge — while TikTok grew more than 1,000%.
Was there cheating at the voting booth? It would have been unnecessary. Real immigrants came out to vote for the ...
"All men of military genius are fond of centralization, which increases their strength; and all men of centralizing genius are fond of war, which compels nations to combine all their powers in the hands of the government. Thus the democratic tendency that leads men unceasingly to multiply the privileges of the state and to circumscribe the rights of private persons is much more rapid and constant among those democratic nations that are exposed by their position to great and frequent wars than among all others."
Alexis de Tocqueville
A quick reminder:
Christianity will never perish, but godly Christians will always be persecuted. Today the intensity of persecution is rising.
"Children in China are prohibited from attending Christian church services, and the Chinese Communist Party rewrites Bible verses to support official pronouncements from the State. Sharing the gospel online is a crime, and Christian pastors are regularly arrested and “disappeared.” In India, Hindu terrorists set Christian churches and Bibles on fire and beat up and murder Christian parishioners. Muslims in Indonesia hunt down Christians as if they were animals. Muslims in Nigeria have massacred or abducted a hundred thousand Christians over the last six years and have destroyed some 20,000 Christian churches and schools. Islamic governments in Pakistan, Afghanistan, and Iran discriminate against Christians, punish them ruthlessly for their beliefs, and execute anyone brave enough to convert to Christianity. In North Korea, ...
