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SUBSCRIBE TO THIS NEWSLETTER Goldman Sachs and Morgan Stanley Have Mysteriously Disappeared from this Week’s Senate and House Banking Hearings By  Pam Martens and Russ Martens : September 20, 2022 ~ There are  eight Global Systemically Important Banks (G-SIBS) in the U.S . They are: JPMorgan Chase, Citigroup, Bank of America, Goldman Sachs, Bank of New York Mellon, Morgan Stanley, State Street and Wells Fargo. These are the banks that pose the greatest risk to the stability of the U.S. financial system and are monitored under the Federal Reserve’s stress tests. Five of those eight banks pose the greatest risk to financial stability because together they hold $200.18 trillion (yes  trillion ) in notional derivatives (face amount) or 86 percent of all derivatives held by all of the nation’s banks, according to the Office of the Comptroller of the Currency – the federal regulator of national banks. Those banks are: JPMorgan Chase, Citigroup, Goldman Sachs, Morgan Stanley, an...

02 October 22 Live on the homepage now! Reader Supported News   FOCUS: Sam Biddle | How Amazon, Google, and Facebook Helped Fund the Campaign to Overturn Roe Sam Biddle, The Intercept Biddle writes: ;"When the Supreme Court overturned Roe v. Wade, the country’s top internet companies quickly responded with commitments to help employees in states that moved to ban abortion." The Independent Women’s Forum isn’t explicitly an anti-abortion group, but it worked to create the conservative supermajority on the Supreme Court. W hen the Supreme Court overturned Roe v. Wade, the country’s top internet companies quickly responded with commitments to help employees in states that moved to ban abortion. In an implicit signal of support for abortion rights, the companies said they would help those employees seek abortions in states where the procedure remains legal. In the years leading up to the seismic reproductive rights decision, however, the tech giants sponsored a controversial grou...

  Two Weeks to the Day After Florida Governor Ron DeSantis Played a Cruel Trick on Desperate Migrants, a Category 4 Hurricane Is Barreling Down on His State “And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.”  – Matthew 25:40 By  Pam Martens and Russ Martens : September 28, 2022 ~ Florida Governor Ron DeSantis Speaks at a Press Conference on Hurricane Ian, Monday, September 26, 2022 This morning, the words “catastrophic” and “dangerous” and “life threatening” are being used to describe Hurricane Ian, a category 4 hurricane that is expected to make landfall this afternoon on Florida’s Gulf Coast, then rip through the central and northern parts of the state. Those words are weighing heavily on the minds of Floridians this morning, as well as the words above from Matthew 25, verse 40. It was exactly two weeks ago to the da...

  SUBSCRIBE TO THIS NEWSLETTER Two Weeks to the Day After Florida Governor Ron DeSantis Played a Cruel Trick on Desperate Migrants, a Category 4 Hurricane Is Barreling Down on His State “And the King shall answer and say unto them, Verily I say unto you, Inasmuch as ye have done it unto one of the least of these my brethren, ye have done it unto me.”  – Matthew 25:40 By  Pam Martens and Russ Martens : September 28, 2022 ~ Florida Governor Ron DeSantis Speaks at a Press Conference on Hurricane Ian, Monday, September 26, 2022 This morning, the words “catastrophic” and “dangerous” and “life threatening” are being used to describe Hurricane Ian, a category 4 hurricane that is expected to make landfall this afternoon on Florida’s Gulf Coast, then rip through the central and northern parts of the state. Those words are weighing heavily on the minds of Floridians this morning, as well as the words above from Matthew 25, verse 40. It was ex...

    24 September 22 Live on the homepage now! Reader Supported News WE CAN’T PROVIDE SERVICE — We do not have the financial resources to produce what we produce on a daily basis. Those resources come from the community we serve. This is not a big corporation that can write off a loss. If you are going to be a part of this lend your support. With the greatest sincerity. Marc Ash • Founder, Reader Supported News Sure, I'll make a donation!   Dan Rather and Elliot Kirschner | Trump Had a Day Excerpt: "Well, well, well. Let's just say that Donald Trump has had better days." Dan Rather and Elliot Kirschner, Substack And it might get worse W ell, well, well. Let’s just say that Donald Trump has had better days. This could be one of his worst, but there may be far worse ones coming down the line if today turns out to be a preface and not a denouement. This morning started off bad enough. New York Attorney General Letitia James made it known that she was going to issue a “maj...