Monday, March 20, 2023

March 20, 2023 News and Notes: SHTF Edition

This is going to be a separate log, as two sets of actual news hang over the country these next few days:  The banking situation and the probable arrest of a former President of the United States of America.
  • First on the docket is the banking situation.  It started with four banks, all crypto or tech based, failing late last week in the highest-profile banking failures since the 2008 Lehman Brothers, etc. led situation.
  • Then, large banks tried to prop up San Francisco regional bank on Friday, but many believe that's only a matter of time too.
  • Nothing, however, could prepare for the news out of Switzerland:  Credit Suisse was bought out by UBS for $3 billion and a number of backstops from the Swiss government.  Whatever is going on, it is apparent that a bank run started something which has toppled more than one domino in the process.
But that might pale in comparison (and the personal and political ramifications of the second story will get it's own post "soon" -- give you a hint, an unplanned "This Blog Should Not Exist" Part 2.01 which has nothing to do with Parts 1 and 3) to the news out of New York.
  • The grand jury proceedings into a hush-fund payment (two months before he won his term) to Stormy Daniels, the porn actress who showed us all how manly Trump really is, will almost-certainly result in indictments and the first arrest I know of (for a meaningful crime) of a former President of the United States of America.
  • Rumors on Friday said Monday, Trump himself said Saturday it would be Tuesday, but, whatever (or if it) happens, it is clear that the violence-bleaters of the Proud Boys are planning something -- one group claiming they want 10,000 men at the Mar-A-Lago retreat to human-shield the orange cuck.
  • The relevant grand jury is still hearing witnesses Monday.
  • For what it's worth:  I do believe we are days (if a week or two) from "another January 6th".  Intelligent people are beginning to understand that there is a rising fear from the White Right that the country cannot survive the 22 months left in Biden's term -- many believing the bank situation not only evidence to same, but that a Trump arrest is distraction from it (madness talk from them, especially for anyone who's heard Keith Olbermann insist, since last August's launch of Countdown on iHeart Radio:  "Arrest him now, while you still can!").
  • To which, Sunday night, Olbermann said to "Arrest him today, and then again tomorrow."   
So let's see what Monday holds:
  • Looks like none of the bank bailouts or backstops appear to be holding very long.  The markets are just waiting, at this point, for the next shoe to drop.  The stock market tried to do otherwise, but a lot of people don't think that's going to take on the ground.
  • Police in at least New York and LA are preparing for the protests which may be coming if the Orange Oompa-Loompa is arrested.
  • In perhaps a foreboding that the grand jury is about to complete, word from at least three different NYPD sources that the entire force, over- and undercover, is to be in uniform 7 AM Eastern tomorrow morning.

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