The bankers we know will laugh at this. The risk algorithms will dictate how they operate no matter what these misdirected warped government mandates dictate. Think about it, how can you collect errant funds due from a homeless camp? Our own indigenous LEGAL CITIZEN people being squeezed on credit availability in current tight fisted banking environment so in that light see how IDIOT STUPID this sounds?

by Michael E Dehn | Oct 13, 2023 | 2024 election realities, Banking and Finance, Biden the miscreant, Breaking News, consumer spending and sentiment

Biden Admin Threatens Banks That Refuse To Lend Money To Illegal Immigrants (msn.com)

Oh my

by Michael E Dehn | Oct 13, 2023 | Banking and Finance

Janet Yellen’s Treasury Department Hires 5-Count Felon JPMorgan Chase to Look for...

Stark banking realities

by Michael E Dehn | Oct 12, 2023 | Banking and Finance, Breaking News

Fed’s Vice Chair for Supervision Says Another Financial Crisis Could Cost U.S. $5 Trillion to $25 Trillion – Potentially as Much as 100 Percent of...

How is this sustainable?

by Michael E Dehn | Oct 12, 2023 | 2024 election realities, Banking and Finance, Breaking News, Latest News

For those keeping track, US debt just jumped by another $40 billion in one day. We are now at $33.55 trillion in Federal debt, just 25 days after it hit a record $33 trillion. At the current pace, the US would add $1 trillion in Federal debt every 45 days. Since 2008,...

Yikes

by Michael E Dehn | Oct 12, 2023 | Banking and Finance, Breaking News, consumer spending and sentiment

the most accurate recession indicator https://t.co/UQV4jBBiRM — zerohedge (@zerohedge) October 12,...

Great point

by Michael E Dehn | Oct 12, 2023 | Banking and Finance, Breaking News

BREAKING: September CPI inflation comes in at 3.7%, above expectations of 3.6%. Core CPI inflation is at 4.1%, in-line with expectations of 4.1%. We have PCE and PPI inflation rising with CPI inflation above expectations. How can the Fed cut interest rates any time...