Learning from our elders
Thomas Jefferson on Politics & Government
51. Freedom of the Press
A press that is free to investigate and criticize the government is absolutely essential in a nation that practices self-government and is therefore dependent on an educated and enlightened citizenry. On the other hand, newspapers too often take advantage of their freedom and publish lies and scurrilous gossip that could only deceive and mislead the people. Jefferson himself suffered greatly under the latter kind of press during his presidency. But he was a great believer in the ultimate triumph of truth in the free marketplace of ideas, and looked to that for his final vindication.
“The basis of our governments being the opinion of the people, the very first object should be to keep that right; and were it left to me to decide whether we should have a government without newspapers or newspapers without a government, I should not hesitate a moment to prefer the latter. But I should mean that every man should receive those papers and be capable of reading them.” –Thomas Jefferson to Edward Carrington, 1787. ME 6:57
“The press [is] the only tocsin of a nation. [When it] is completely silenced… all means of a general effort [are] taken away.” –Thomas Jefferson to Thomas Cooper, Nov 29, 1802. (*) ME 10:341
“The only security of all is in a free press. The force of public opinion cannot be resisted when permitted freely to be expressed. The agitation it produces must be submitted to. It is necessary, to keep the waters pure.” –Thomas Jefferson to Lafayette, 1823. ME 15:491
“The functionaries of every government have propensities to command at will the liberty and property of their constituents. There is no safe deposit for these but with the people themselves, nor can they be safe with them without information. Where the press is free, and every man able to read, all is safe.” –Thomas Jefferson to Charles Yancey, 1816. ME 14:384
“The most effectual engines for [pacifying a nation] are the public papers… [A despotic] government always [keeps] a kind of standing army of newswriters who, without any regard to truth or to what should be like truth, [invent] and put into the papers whatever might serve the ministers. This suffices with the mass of the people who have no means of distinguishing the false from the true paragraphs of a newspaper.” –Thomas Jefferson to G. K. van Hogendorp, Oct. 13, 1785. (*) ME 5:181, Papers 8:632
“Our liberty cannot be guarded but by the freedom of the press, nor that be limited without danger of losing it.” –Thomas Jefferson to John Jay, 1786.
“I am… for freedom of the press, and against all violations of the Constitution to silence by force and not by reason the complaints or criticisms, just or unjust, of our citizens against the conduct of their agents.” –Thomas Jefferson to Elbridge Gerry, 1799. ME 10:78
“The art of printing secures us against the retrogradation of reason and information.” –Thomas Jefferson to Pierre Paganel, 1811. ME 13:37
“The light which has been shed on mankind by the art of printing has eminently changed the condition of the world… And while printing is preserved, it can no more recede than the sun return on his course.” –Thomas Jefferson to John Adams, 1823. ME 15:465
“The art of printing alone and the vast dissemination of books will maintain the mind where it is and raise the conquering ruffians to the level of the conquered instead of degrading these to that of their conquerors.” –Thomas Jefferson to John Adams, 1821. ME 15:334
“[The] literati [of Europe are] half a dozen years before us. Books, really good, acquire just reputation in that time, and so become known to us and communicate to us all their advances in knowledge. Is not this delay compensated by our being placed out of the reach of that swarm of nonsensical publications which issues daily from a thousand presses and perishes almost in issuing?” –Thomas Jefferson to Charles Bellini, 1785. ME 5:153, Papers 8:569
“I cannot live without books.” –Thomas Jefferson to John Adams, 1815. ME 14:301
“To preserve the freedom of the human mind… and freedom of the press, every spirit should be ready to devote itself to martyrdom; for as long as we may think as we will and speak as we think, the condition of man will proceed in improvement.” Thomas Jefferson to William Green Munford, 1799.
“No experiment can be more interesting than that we are now trying, and which we trust will end in establishing the fact, that man may be governed by reason and truth. Our first object should therefore be, to leave open to him all the avenues to truth. The most effectual hitherto found, is the freedom of the press. It is, therefore, the first shut up by those who fear the investigation of their actions.” –Thomas Jefferson to John Tyler, 1804. ME 11:33
“Weighing all probabilities of expense as well as of income, there is reasonable ground of confidence that we may now safely dispense with… the postage on newspapers… to facilitate the progress of information.” –Thomas Jefferson: 1st Annual Message, 1801. ME 3:331
51.1 The Press as Censor
“No government ought to be without censors, and where the press is free, no one ever will. If virtuous, it need not fear the fair operation of attack and defence. Nature has given to man no other means of sifting out the truth whether in religion, law or politics. I think it as honorable to the government neither to know nor notice its sycophants or censors, as it would be undignified and criminal to pamper the former and persecute the latter.” –Thomas Jefferson to George Washington, 1792. ME 8:406
“This formidable censor of the public functionaries, by arraigning them at the tribunal of public opinion, produces reform peaceably, which must otherwise be done by revolution. It is also the best instrument for enlightening the mind of man and improving him as a rational, moral, and social being.” –Thomas Jefferson to A. Coray, 1823. ME 15:489
“I think an editor should be independent, that is, of personal influence, and not be moved from his opinions on the mere authority of any individual. But, with respect to the general opinion of the political section with which he habitually accords, his duty seems very like that of a member of Congress. Some of these indeed think that independence requires them to follow always their own opinion, without respect for that of others. This has never been my opinion, nor my practice, when I have been of that or any other body. Differing on a particular question from those whom I knew to be of the same political principles with myself, and with whom I generally thought and acted, a consciousness of the fallibility of the human mind, and of my own in particular, with a respect for the accumulated judgment of my friends, has induced me to suspect erroneous impressions in myself, to suppose my own opinion wrong, and to act with them on theirs.” –Thomas Jefferson to William Duane, 1811. ME 13:49
“To demand the censors of public measures to be given up for punishment is to renew the demand of the wolves in the fable, that the sheep should give up their dogs as hostages of the peace and confidence established between them.” –Thomas Jefferson to William Branch Giles, 1794.
51.2 Responsibility to the People
“Our citizens may be deceived for awhile, and have been deceived; but as long as the presses can be protected, we may trust to them for light.” –Thomas Jefferson to Archibald Stuart. 1799.
“I am persuaded that the good sense of the people will always be found to be the best army. They may be led astray for a moment, but will soon correct themselves. The people are the only censors of their governors, and even their errors will tend to keep these to the true principles of their institution. To punish these errors too severely would be to suppress the only safeguard of the public liberty. The way to prevent these irregular interpositions of the people is to give them full information of their affairs through the channel of the public papers, and to contrive that those papers should penetrate the whole mass of the people.” –Thomas Jefferson to Edward Carrington, 1787.
“Cherish… the spirit of our people, and keep alive their attention. Do not be too severe upon their errors, but reclaim them by enlightening them.” –Thomas Jefferson to Edward Carrington, 1787. ME 6:58
51.3 Restrictions on a Free Press
“Considering [the] great importance to the public liberty [of the freedom of the press], and the difficulty of submitting it to very precise rules, the laws have thought it less mischievous to give greater scope to its freedom than to the restraint of it.” –Thomas Jefferson to the Spanish Commissioners, 1793. ME 9:165
“It is so difficult to draw a clear line of separation between the abuse and the wholesome use of the press, that as yet we have found it better to trust the public judgment, rather than the magistrate, with the discrimination between truth and falsehood. And hitherto the public judgment has performed that office with wonderful correctness.” –Thomas Jefferson to M. Pictet, 1803. ME 10:356
“[This is] a country which is afraid to read nothing, and which may be trusted with anything, so long as its reason remains unfettered by law.” –Thomas Jefferson to Joseph Milligan, 1816. ME 14:463
“[If a book were] very innocent, and one which might be confided to the reason of any man; not likely to be much read if let alone, but if persecuted, it will be generally read. Every man in the United States will think it a duty to buy a copy, in vindication of his right to buy and to read what he pleases.” –Thomas Jefferson to N. G. Dufief, 1814. ME 14:128
“A declaration that the Federal Government will never restrain the presses from printing anything they please will not take away the liability of the printers for false facts printed.” –Thomas Jefferson to James Madison, 1788. ME 7:98
“Printing presses shall be free except as to false facts published maliciously either to injure the reputation of another (whether followed by pecuniary damages or not) or to expose him to the punishment of the law.” –Thomas Jefferson: Notes for a Constitution, 1794.
“Printing presses shall be subject to no other restraint than liableness to legal prosecution for false facts printed and published.” –Thomas Jefferson: Draft of Virginia Constitution, 1783. ME 2:298, Papers 6:304
“Since truth and reason have maintained their ground against false opinions in league with false facts, the press confined to truth needs no other legal restraint. The public judgment will correct false reasonings and opinions on a full hearing of all parties, and no other definite line can be drawn between the inestimable liberty of the press and its demoralizing licentiousness. If there be still improprieties which this rule would not restrain, its supplement must be sought in the censorship of public opinion.” –Thomas Jefferson: 2nd Inaugural Address, 1805. ME 3:381
51.4 Restraints Against Slander
“The States… retain to themselves the right of judging how far the licentiousness of speech and of the press may be abridged without lessening their useful freedom, and how far those abuses which cannot be separated from their use should be tolerated rather than the use be destroyed.” –Thomas Jefferson: Draft of Kentucky Resolutions, 1798. ME 17:381
“The power to [restrain slander] is fully possessed by the several State Legislatures. It was reserved to them, and was denied to the General Government, by the Constitution, according to our construction of it. While we deny that Congress have a right to control the freedom of the press, we have ever asserted the right of the States, and their exclusive right, to do so. They have accordingly all of them made provisions for punishing slander which those who have time and inclination resort to for the vindication of their characters. In general, the state laws appear to have made the presses responsible for slander as far as is consistent with their useful freedom. In those states where they do not admit even the truth of allegations to protect the printer they have gone too far.” –Thomas Jefferson to Abigail Adams, 1804. ME 11:51
“No inference is here intended that the laws provided by the State against false and defamatory publications should not be enforced; he who has time renders a service to public morals and public tranquility in reforming these abuses by the salutary coercions of the law.” –Thomas Jefferson: 2nd Inaugural Address, 1805. ME 3:381
“While a full range is proper for actions by individuals either private or public for slanders affecting them, I would wish much to see the experiment tried of getting along without public prosecutions for libels. I believe we can do it. Patience and well-doing instead of punishment, if it can be found sufficiently efficacious, would be a happy change in the instruments of government.” –Thomas Jefferson to Levi Lincoln, 1802.
51.5 Abuses by a Free Press
“I deplore… the putrid state into which our newspapers have passed and the malignity, the vulgarity, and mendacious spirit of those who write for them… These ordures are rapidly depraving the public taste and lessening its relish for sound food. As vehicles of information and a curb on our funtionaries, they have rendered themselves useless by forfeiting all title to belief… This has, in a great degree, been produced by the violence and malignity of party spirit.” –Thomas Jefferson to Walter Jones, 1814. ME 14:46
“Our printers raven on the agonies of their victims, as wolves do on the blood of the lamb.” –Thomas Jefferson to James Monroe, 1811. ME 13:59
“From forty years’ experience of the wretched guess-work of the newspapers of what is not done in open daylight, and of their falsehood even as to that, I rarely think them worth reading, and almost never worth notice.” –Thomas Jefferson to James Monroe, 1816. ME 14:430
“Nothing can now be believed which is seen in a newspaper. Truth itself becomes suspicious by being put into that polluted vehicle. The real extent of this state of misinformation is known only to those who are in situations to confront facts within their knowledge with the lies of the day.” –Thomas Jefferson to John Norvell, 1807. ME 11:224
“As for what is not true, you will always find abundance in the newspapers.” –Thomas Jefferson to Barnabas Bidwell, 1806. ME 11:118
“Advertisements… contain the only truths to be relied on in a newspaper.” –Thomas Jefferson to Nathaniel Macon, 1819. ME 15:179
“The press is impotent when it abandons itself to falsehood.” –Thomas Jefferson to Thomas Seymour, 1807.
51.6 Sowing Dissension
“A coalition of sentiments is not for the interest of printers. They, like the clergy, live by the zeal they can kindle and the schisms they can create. It is contest of opinion in politics as well as religion which makes us take great interest in them and bestow our money liberally on those who furnish aliment to our appetite… So the printers can never leave us in a state of perfect rest and union of opinion. They would be no longer useful and would have to go to the plough.” –Thomas Jefferson to Elbridge Gerry, 1801. ME 10:254
“These people [i.e., the printers] think they have a right to everything, however secret or sacred.” –Thomas Jefferson to John Adams, 1815. ME 14:345
“To divide those by lying tales whom truths cannot divide, is the hackneyed policy of the gossips of every society.” –Thomas Jefferson to George Clinton, 1803. ME 10:440
“[We] have seen too much… of the conduct of the press in countries where it is free, to consider the gazettes as evidence of the sentiments of any part of the government; [we] have seen them bestow on the government itself, in all its parts, its full share of inculpation.” –Thomas Jefferson to George Hammond, 1792. ME 8:300
“Nations, like individuals, wish to enjoy a fair reputation. It is therefore desirable for us that the slanders on our country, disseminated by hired or prejudiced travellers, should be corrected.” –Thomas Jefferson to James Ogilvie, 1811. ME 13:69
“Our newspapers, for the most part, present only the caricatures of disaffected minds. Indeed, the abuses of the freedom of the press here have been carried to a length never before known or borne by any civilized nation.” –Thomas Jefferson to M. Pictet, 1803. ME 10:357
“For the present, lying and scribbling must be free to those mean enough to deal in them, and in the dark.” –Thomas Jefferson to Edmund Randolph, 1792. ME 8:411
51.7 Effects on the Nation
“Our people, merely for want of intelligence which they may rely on, are become lethargic and insensible of the state they are in.” –Thomas Jefferson to John Adams, 1777. ME 4:288, Papers 2:19
“The materials now bearing on the public mind will infallibly restore it to its republican soundness… if the knowledge of facts can only be disseminated among the people.” –Thomas Jefferson to Archibald Stuart, 1799. ME 10:104
“I really look with commiseration over the great body of my fellow citizens who, reading newspapers, live and die in the belief that they have known something of what has been passing in the world in their time, whereas the accounts they have read in newspapers are just as true a history of any other period of the world as of the present, except that the real names of the day are affixed to their fables. General facts may indeed be collected from them… but no details can be relied on.” –Thomas Jefferson to John Norvell, 1807. ME 11:224
“History may distort truth, and will distort it for a time, by the superior efforts at justification of those who are conscious of needing it most.” –Thomas Jefferson to William Johnson, 1823. ME 15:442
“A truth now and then projecting into the ocean of newspaper lies serves like headlands to correct our course. Indeed, my scepticism as to everything I see in a newspaper makes me indifferent whether I ever see one.” –Thomas Jefferson to James Monroe, 1815. ME 14:226
“The man who never looks into a newspaper is better informed than he who reads them, inasmuch as he who knows nothing is nearer to truth than he whose mind is filled with falsehoods and errors. He who reads nothing will still learn the great facts, and the details are all false.” –Thomas Jefferson to John Norvell, 1807. ME 11:225
“We… who are retired from the business of the world are glad to catch a glimpse of truth here and there as we can, to guide our path through the boundless field of fable in which we are bewildered by public prints, and even by those calling themselves histories. A word of truth to us is like the drop of water supplicated from the tip of Lazarus’ finger. It is as an observation of latitude and longitude to the mariner long enveloped in clouds, for correcting the ship’s way.” –Thomas Jefferson to John Quincy Adams, 1817. ME 15:145
“I may say from intimate knowledge, that we should have lost the services of the greatest character of our country (i.e., George Washington) had he been assailed with the degree of abandoned licentiousness now practised… He would have thrown up the helm in a burst of indignation.” –Thomas Jefferson to James Sullivan, 1805. ME 11:73
“The public… say so from all quarters… that they wish to hear reason instead of disgusting blackguardism.” –Thomas Jefferson to James Madison, 1799. ME 10:98
“The firmness with which the people have withstood the… abuses of the press, the discernment they have manifested between truth and falsehood, show that they may safely be trusted to hear everything true and false and to form a correct judgment between them.” –Thomas Jefferson to John Tyler, 1804.
“The printers and the public are very different personages. The former may lead the latter a little out of their track while the deviation is insensible; but the moment they usurp their direction and that of their government, they will be reduced to their true places.” –Thomas Jefferson to James Monroe, 1811. ME 13:59
“I would wish you to distribute [some pamphlets], not to sound men who have no occasion for them, but to such as have been misled, are candid and will be open to the conviction of truth, and are of influence among their neighbors. It is the sick who need medicine, and not the well.” –Thomas Jefferson to Archibald Stuart, 1799. ME 10:104
51.8 Dealing With the Press
“During the course of [my] administration [as President], and in order to disturb it, the artillery of the press has been leveled against us, charged with whatsoever its licentiousness could devise or dare. These abuses of an institution so important to freedom and science are deeply to be regretted, inasmuch as they tend to lessen its usefulness and to sap its safety; they might, indeed, have been corrected by the wholesome punishments reserved and provided by the laws of the several States against falsehood and defamation; but public duties more urgent press on the time of public servants, and the offenders have therefore been left to find their punishment in the public indignation.” –Thomas Jefferson: 2nd Inaugural Address, 1805. ME 3:380
“The Chief Magistrate cannot enter the arena of the newspapers.” –Thomas Jefferson to James Madison, 1811. ME 13:64
“I have been for some time used as the property of the newspapers, a fair mark for every man’s dirt.” –Thomas Jefferson to Peregrine Fitzhugh, 1798. ME 10:1
“I have from the beginning determined to submit myself as the subject on whom may be proved the impotency of a free press in a country like ours against those who conduct themselves honestly and enter into no intrigue. I admit at the same time that restraining the press to truth, as the present laws do, is the only way of making it useful. But I have thought necessary first to prove it can never be dangerous.” –Thomas Jefferson to William Short, 1808.
“I had laid it down as a law to myself to take no notice of the thousand calumnies issued against me, but to trust my character to my own conduct and the good sense and candor of my fellow citizens.” –Thomas Jefferson to Wilson Nicholas, 1809. ME 12:288
“The man who fears no truths has nothing to fear from lies.” –Thomas Jefferson to George Logan, 1816.
“I feel no falsehood and fear no truth.” –Thomas Jefferson to Isaac Hillard, 1810.
“[One printer’s] malignity, like that of the rest of his tribe of brother printers who deal out calumnies for federal readers, gives me no pain. When a printer cooks up a falsehood, it is as easy to put it into the mouth of a [great man] as of a smaller man, and safer in that of a dead than a living one.” –Thomas Jefferson to Thomas Law, 1811.
“From a very early period of my life, I had laid it down as a rule of conduct, never to write a word for the public papers.” –Thomas Jefferson to George Washington, 1796. ME 9:340
“I never in my life had, directly or indirectly, written one sentence for a newspaper; which is an absolute truth.” –Thomas Jefferson: The Anas, 1800. ME 1:435
“At a very early period of my life, I determined never to put a sentence into any newspaper. I have religiously adhered to the resolution through my life, and have great reason to be contented with it. Were I to undertake to answer the calumnies of the newspapers, it would be more than all my own time and that of twenty aids could effect. For while I should be answering one, twenty new ones would be invented. I have thought it better to trust to the justice of my countrymen, that they would judge me by what they see of my conduct on the stage where they have placed me, and what they knew of me before the epoch since which a particular party has supposed it might answer some view of theirs to vilify me in the public eye. Some, I know, will not reflect how apocryphal is the testimony of enemies so palpably betraying the views with which they give it. But this is an injury to which duty requires every one to submit whom the public think proper to call into its councils.” –Thomas Jefferson to Samuel Smith, 1798. ME 10:58
“[I have seen] repeated instances of the publication of what has not been intended for the public eye, and the malignity with which political enemies torture every sentence from me into meanings imagined by their own wickedness only… Not fearing these political bull-dogs, I yet avoid putting myself in the way of being baited by them, and do not wish to volunteer away that portion of tranquillity, which a firm execution of my duties will permit me to enjoy.” –Thomas Jefferson to John Norvell, 1807. ME 11:226
“Conscious that there was not a truth on earth which I feared should be known, I have lent myself willingly as the subject of a great experiment, which was to prove that an administration, conducting itself with integrity and common understanding, cannot be battered down even by the falsehoods of a licentious press, and consequently still less by the press as restrained within the legal and wholesome limits of truth. This experiment was wanting for the world to demonstrate the falsehood of the pretext that freedom of the press is incompatible with orderly government. I have never, therefore, even contradicted the thousands of calumnies so industriously propagated against myself. But the fact being once established, that the press is impotent when it abandons itself to falsehood, I leave to others to restore it to its strength by recalling it within the pale of truth. Within that, it is a noble institution, equally the friend of science and of civil liberty.” –Thomas Jefferson to Thomas Seymour, 1807. ME 11:155
51.9 Reforming the Press
“My opinion of the manner in which a newspaper should be conducted so as to be most useful [is]… ‘by restraining it to true facts and sound principle only.’ Yet I fear such a paper would find few subscribers. It is a melancholy truth, that a suppression of the press could not more completely deprive the nation of its benefits than is done by its abandoned prostitution to falsehood.” –Thomas Jefferson to John Norvell, 1807. ME 11:224
“Perhaps an editor might begin a reformation in some such way as this. Divide his paper into four chapters, heading the 1st, Truths. 2nd, Probabilities. 3rd, Possibilities. 4th, Lies. The first chapter would be very short, as it would contain little more than authentic papers and information from such sources as the editor would be willing to risk his own reputation for their truth. The second would contain what, from a mature consideration of all circumstances, his judgment should conclude to be probably true. This, however, should rather contain too little than too much. The third and fourth should be professedly for those readers who would rather have lies for their money than the blank paper they would occupy.” –Thomas Jefferson to John Norvell, 1807. ME 11:225
“An editor [should] set his face against the demoralizing practice of feeding the public mind habitually on slander and the depravity of taste which this nauseous aliment induces. Defamation is becoming a necessary of life, insomuch that a dish of tea in the morning or evening cannot be digested without this stimulant. Even those who do not believe these abominations, still read them with complaisance to their auditors, and instead of the abhorrence and indignation which should fill a virtuous mind, betray a secret pleasure in the possibility that some may believe them, though they do not themselves. It seems to escape them, that it is not he who prints, but he who pays for printing a slander, who is its real author.” –Thomas Jefferson to John Norvell, 1807. ME 11:225
ME, FE = Memorial Edition, Ford Edition. See Sources.
I agree CFS… all government officials, especially elected politicians, must be held to a higher standard of integrity than ordinary citizens… instead citizens are held to higher and arbitrary standards.
Let’s talk about MK ULTRA………………… and the cabal…..
Dr. Campbell on Wuhan leak
Mr. Moriarty on SVB
Using U.S. drone capability, elimination of many Mexican cartels will save up to 100,000 drug deaths a year, many illegals brought over the border and many Mexican citizen lives,
Hope this isn’t censored like my last post…
ok Ed…this guy thinks climate collapse and associated species extinctions are well along their ways…he also thinks that we are on the verge of rapid climate heat up…..a Venus syndrome….due to the climate engineering backlash…It is hard to understand how the entire air-fleets of the ‘free world’ keep this operation secret…glta
he probably knows…
ok al…you are shocked by current political events…you have about 25 years of context to establish from which to place the current news within…..
1)clear up the terms globalist, globalism, new world order…..
2)admit 9/11 was a false flag to allow for aggression by the USA…all evidence supports controlled demo, missile strikes and plane sabotage….
3)own that the medical cartel is a tool for social control…to weaken the populations to exploit for profit the populations..to sicken the youth through vaccine schedules…to roll out false epidemics in order to assist crushing the average guy while the super corporations emerge supreme…
4)all of this is to reduce the compliant broken population to manageable herds…
🙂 let’s see
ZZZZZZZZZZZZZZZZZZZZ llike I said…..
if this analysis makes sense al…then you are along the way to clarity…glta
One should think about it……. that is for sure….. makes you wonder about baby christians..
and their associations with a particular churches of satan…
Whole bunch going on in the background on SVBank…
Cross Talk made a funny today, the americans couldnt/cant figure out who it was that hit nordstream pipelines.
They could ask the chinese their spy balloons probably saw it.
All laws relating to lifestyles should have expiration dates.
Must watch for anyone who had the clot shots…
1975 Bruce Cockburn, “Burn”
Almost 50 years ago, and nothing has changed.
As the U.S. goes into a banking collapse, engineered by the combined greed of U.S. politicians and smart planning by the CCP, I see a CCP invasion of Taiwan within three to four months, with a blockade starting next month.
I am scared to have biden as senile Pretendent, who could quickly turn the problem into a hot war for the U.S. It is hard to imagine how the U.S could be worse prepared.
The Top of Corruption Banks and Bankers mast go to Prison ! Know agin Silicon Valley Bank !
Great start to the week…………..
Biden make a worthless speech on the banking system……..
Illegals storm the gates in El Paso…… nothing to see here…..
Gold up…. over $1900 again…… the good the bad and the ugly….
The Fed just promised to BAIL OUT EVERY BANK DEPOSIT IN ANY AMOUNT – FOREVER!!
Goodbye FDIC insurance…you are no longer needed!
YAHOO! FREE MONEY FOR WALL STREET…NOW THE DEMS WILL WANT FREE MONEY FOR MAIN STREET!!
PEEK INSANITY HAS HIT!
Been saying for years…………………GOTS……………………
This is an excellent summation of ALL the facts…
INTERESTING . First IRAN / SAUDI , could this Repeat !!!? … China’s XI to hold talks with Zelensky.
Zelensky. is planning on moving to China before he gets eliminated….. useful clown…
More INTERESTING Stuff !!! US-UKRAINE unity is cracking apart.
In big, bold type on its website, Silicon Valley Bank bragged that 44% of U.S. venture-backed technology and healthcare IPOs YTD [year-to-date] bank with SVB.
To put it bluntly, this was a Wall Street IPO machine that enriched the investment banks on Wall Street by keeping the IPO pipeline moving; padded the bank accounts of the venture capital and private equity middlemen; and minted startup millionaires for ideas that often flamed out after the companies went public. These are the functions and risks taken by investment banks. Silicon Valley Bank with this business model should never have been allowed to hold a federally-insured banking charter and be backstopped by the U.S. taxpayer, who was on the hook for its incompetent bank management.
This was a financial institution deployed to facilitate the goals of powerful venture capital and private equity operators, by financing tech and pharmaceutical startups until they could raise millions or billions of dollars in a Wall Street Initial Public Offering (IPO). The bank was also involved in managing the wealth of those startup millionaires or billionaires once they struck it big in an IPO.
Yes let’s all shed a tear for the ” NOSEY TRIBE ” that reside in a tiny country in the middle east. TIC_TOC
jennifer connelly is in that Nosey, club…yuk..looks like an animal
Note to DIE HARD GOP………….
We need to talk about Florida’s “Resign To Run” Law and how Governor Ron DeSantis is trying to abuse his authority as Governor of Florida to urge the Republican legislature to change the law so that he can keep his job as Governor, and also run against President Donald Trump in the GOP primary during the 2024 presidential election.
DID THE BANKING ARTICLES JUST Disappear…….
There are 79,163 bank branches in the United States as of 2017. There is an absolute rise from zero branches in 1934, implying improved availability and extension of banking services throughout the United States. In the year 1934, there were 14,146 financial establishments. In comparison to 2017, there are only 4918 banks. As a result, the trend toward consolidation began and is now ongoing in order to benefit from large-scale operations, expertise, and a wider reach.
I believe it is greater duty of a government official to always tell the truth.
the corollary to that concept would be that Merritt Garland should receive the heaviest possible punishment for his purgery.