Society's ChildS


Piggy Bank

Is the money in your checking account yours or the bank's?

fdic crest
When Silicon Valley Bank and other banks failed earlier this year, the debate over the sustainability of fractional reserve banking resurfaced. Under fractional reserve banking, banks keep only a fraction of customers' deposits in reserve. The difference is bank credit, such as government debt, mortgages, business loans, and many other kinds of loans. This practice leaves the bank open to a run, in which panicky depositors attempt to withdraw their funds from the bank en masse but the bank doesn't have the cash on hand. The following FRED graph gives an idea of the extent of the mismatch between deposits and reserves.

fred chart

Comment: And it seems some banks are unloading parts of their holdings for cash in preparation for more difficult times ahead...




Eye 1

Senior Pentagon official 'executed' fighting dogs - prosecutors

angry dog
© Getty Images
A senior Pentagon officer has been charged with participating in a dog fighting ring after police raided his home and found veterinary steroids, blood-stained carpets, and a crude electrical device used to execute animals that lost fights. Five dogs were reportedly taken from his home.

Frederick Douglass Moorefield Jr. and an alleged accomplice were arrested last month and charged with promoting and furthering an animal fighting venture, according to a press release published by the US Department of Justice on Monday. They were released pending trial on Thursday.

According to the press release, Moorefield and his co-defendant used an encrypted messaging app to communicate with other dog-fighting trainers, coordinate bouts, and discuss how to keep their activities hidden from law enforcement. Moorefield used the name "Geehad Kennels" to identify his dog-fighting operation, while the accomplice, named as Mario Damon Flythe, called his operation "Razor Sharp Kennels."

Comment: In other words an upper-level official at the headquarters of the US military command was just doing locally what he does globally. The Pentagon pits country against country and stokes violence and chaos. The world will only watch this cruel game for so long.


Bad Guys

UK education secretary refuses to rule out future lockdown school closures

Gillian Keegan
The Education Secretary, Gillian Keegan, has said she cannot rule out Covid-style school closures in the future as you "would have to deal with what you were dealing with". The Telegraph has the story.
Gillian Keegan refused to take class lockdowns off the table after Sir Iain Duncan Smith, the former Tory leader, said that they were "the worst thing that could possibly have happened" for children during the pandemic.

He said: "I hope we never, ever again repeat this terrible, terrible experiment."

Responding during a Conservative Party Conference fringe event in Manchester, Mrs Keegan said: "Iain says we hope we would never do a lockdown again, and I agree with that. I often get asked that question.

Black Cat

MI Sheriff warns residents in wealthy, majority Democrat-voting county: "Organized transnational gangs" are breaking into exclusive homes

in this house sign


For decades, a majority of Oakland County, MI. residents have been voting for Democrats.


Up and down the streets of affluent neighborhoods, signs reading, "No person is illegal" and "In this house, we believe..."NO HUMAN IS ILLEGAL," can be found in front of several million-dollar homes. Nothing says "I'm a better person than my neighbor" than a virtue-signaling sign that celebrates illegal aliens in America — until, of course, the local sheriff warns that YOU are about to become their next victim — and no amount of virtue-signaling will stop them.

Unfortunately, liberal elites living in Oakland County, MI, who've proudly supported Democrats for decades, are about to see first-hand what happens when you elect Democrats with no regard for our national security.

On Friday, Oakland County Sheriff Michael Bouchard warned Oakland County, MI residents that he's working with the FBI and Homeland Security to combat the serious threat of violent "transnational gangs" who are breaking into homes in exclusive areas and stealing millions of dollars in high-end items.

Arrow Down

Monday's energy absurdity: America's largest EV charging station is powered by - you guessed it - Diesel

Tesla station at the Harris Ranch in California
© ShutterstockAerial photo of supercharger Tesla station at the Harris Ranch in California.
Kevin Killough at CowboyStateDaily.com has done it again, this time with an expose' about what California EV advocates boast is the largest EV charging station in the country, the Harris Ranch Tesla Supercharging Station.

Perched at the intersection of Interstate 5 and Highway 198 in California's Central Valley, the Harris Ranch station boasts a total of 98 Tesla supercharger modules. For all you Texans out there, it's sort of the EV version of a Buc-ee's, only without the Wal-Mart-sized convenience store with all the cool souvenirs.

But the location does sport a Shell gas station on premises, and, as Kevin details in his story, that gasoline station serves not only to fill up all the ICE cars that come along, but also as camouflage for the source of power generation for all those Tesla chargers.

USA

Three-Way?

"Intents have been overtaken by events." — Jacob Dreizin
Fox News Screen Capture
© knustler.com
You have to wonder what took Bobby Kennedy, Jr. so long to recognize that the Democratic Party was a home that he had long ago been turned out of, like a dog that has peed on the carpet too many times. At the end of last week, Mr. Kennedy intimated that he might run for president on an independent line. If he manages to get that line on the state ballots — and you can easily imagine New York and California trying to thwart him — it will change all the current calculations about the 2024 election.

As of right now, the Party of Chaos is living up to its name. They continue to present an obviously false and ridiculous consensus among themselves that "Joe Biden" is running for reelection. In fact, "the Big Guy" is about to get run through a wringer of the most abject public disgrace as his already-well-known crimes of bribery and treason get conscientiously laid out for all to see with cold and implacable decorum. Even the mind-fucked spawn of the Ivy League, toiling away on their CIA-owned newspapers and cable news networks, might find themselves forced to spin their narrative in a new direction.

"Joe Biden" is now a monumental embarrassment and a liability to our country, let alone to the degenerate party that owns him. Sub rosa efforts must be in motion to persuade him to resign before the impeachment inquiry spotlights all those telltale bank records, but they will fail to overcome his demented pride. He'll ride this thing out to the bitter end, when he can use the last tool at his disposal to officially pardon everyone involved in his family's racketeering operation. The longer the party pretends to support him, the closer the party itself skates toward self-destruction. Also consider: if allowed to play out, the impeachment inquiry will implicate the DOJ and the FBI in obstruction of justice — exposing many Deep State blob players to danger of prosecution.

Arrow Down

Government report: No good evidence that lockdown worked

In window
© Getty Images
On Wednesday, the UK Health Security Agency quietly released a review which found that the evidence base for the effectiveness of non-pharmaceutical interventions (NPIs) on Covid transmission was weak. These include such measures as lockdown, the 'rule of 6', test and isolation, face coverings, border restrictions, and more.

The review identified 151 studies conducted in the UK. Two-thirds of the evidence identified was based on modelling studies, and there were only two randomised control trials included. Studies focused on measures to identify or isolate infectious people or reduce the number of human contacts were the most numerous. Only nine studies focused on measures to protect the most vulnerable.

The report concluded that "there is a lack of strong evidence on the effectiveness of NPIs to reduce COVID-19 transmission":
"The body of evidence available on effectiveness of NPIs in the UK provides weak evidence in terms of study design, as it is mainly based on modelling studies, ecological studies, mixed-methods studies and qualitative studies."
- UK HEALTH SECURITY AGENCY
The review noted the many challenges with evaluating NPI effectiveness, which makes the current evidence-base prone to confounding and bias.
"In most cases, [current NPI effectiveness] would be graded as low or very low certainty in the Grading of Recommendations, Assessment, Development, and Evaluations (GRADE) framework and rule out causal inference."
- UK HEALTH SECURITY AGENCY
This includes the way NPIs were implemented, levels of adherence and compliance, wider behavioural changes, the difficulties of isolating one NPI from a range (or 'package') of measures, endpoint measurements, poor study designs and study quality, and ethical considerations. The report went on to recommend a strengthening of evaluation research for NPI interventions in the future.

Comment: Let's try this: No good evidence lockdown was needed.


Pistol

Philadelphia police increase presence after looters wreak havoc on city

destruction
© AP/Matt RourkeRansacked liquor store in Philadelphia • Sept. 27, 2023
Foot Locker, Apple and Lululemon in Center City were among the stores looted on Tuesday night.

There was an increased police presence in Philadelphia on Wednesday night after a group of looters wreaked havoc on the city. As police added more patrols, businesses across the city closed early. An Aldi in the city's Olney neighborhood had security at its boarded-up property.

"The bottom line is sending a message that Philadelphia is not going to be the place where you can do this type of behavior," said Interim Philadelphia Police Commissioner John Stanford.

As police added more patrols, businesses across the city closed early. An Aldi in the city's Olney neighborhood had security at its boarded-up property.

"It's just an excuse for them to act up. Like it don't make no sense. They're tearing up the neighborhoods where we gotta shop at and they gotta shop at," said Jamal Howard of Olney.

Despite the additional patrols, two people were taken into custody after police said they looted a Fine Wine & Good Spirits store in Crescentville.

Responding officers found the two suspects loading up a car at about 2:30 a.m. Thursday. The store was not boarded up, police said.
arrests
© Philadelphia Police DepartmentPhiladelphia police released 27 booking photos of suspects allegedly involved in looting activity on September 26, 2023.
A total of 52 arrests have been made so far and all but three of them are adults, according to Jane Roh, spokesperson for the Philadelphia district attorney's office.

Comment: The looting of upscale stores in Center City:



X

Reagan-appointed federal judge rules Texas drag ban violates First Amendment

dragqueen
© Brandon Bell/Getty Images
A federal judge struck down Texas' ban on drag performances Tuesday as a violation of the First Amendment.

U.S. District Judge David Hittner, a Reagan-appointee, found that Texas' law prohibiting "sexually oriented performances" on public property or in the presence of a minors "impermissibly infringes on the First Amendment and chills free speech." The American Civil Liberties Union (ACLU) filed its lawsuit against the ban on behalf of LGBTQ+ rights advocates and drag queens on Aug. 2.

The judge wrote:
"Not all people will like or condone certain performances. This is no different than a person's opinion on certain comedy or genres of music, but that alone does not strip First Amendment protection.

"However, in addition to the pure entertainment value there are often political, social, and cultural messages involved in drag performances which strengthen the Plaintiffs position."

Bomb

Iran says it defused 30 bombs in Tehran, detained 28

IS Flag
Authorities in Iran have neutralised 30 bombs meant to go off simultaneously in Tehran and detained 28 terrorists linked to Islamic State, Iran's Tasnim news agency reported on Sunday, citing the intelligence ministry.

"Some of the members are of Islamic State (IS) and the perpetrators have a history of being affiliated with Takfiri groups in Syria, Afghanistan, Pakistan and the Kurdistan region of Iraq," Iran's intelligence ministry added in a statement.

Comment: Gunmen storm Iranian pilgrimage site in major attack: 15 dead, 40 wounded