Free Republic

A coalition of 19 state attorneys general from across the country launched a formal investigation into six major U.S. banks last week citing legal concerns about banks’ “ESG” investing and their involvement with a United Nations alliance fighting CO2 emissions.The banks “appear to be colluding with the U.N. to destroy American companies” and undermine the nation’s best interests, one of the AGs warned in a statement e-mailed to The Epoch Times.Another AG argued that these U.N.-inspired banking policies were resulting in jobs being sent to communist China as the regime there continues building coal-fired power plants to ensure low-cost, reliable...

The Federal Reserve’s fight to squash inflation will cause the US economy to start losing tens of thousands of jobs a month beginning early next year, Bank of America warns. Although the jobs market remained surprisingly strong in September, the Fed is working hard to change that by aggressively raising interest rates to ease demand for everything from cars and homes to appliances. The pace of job growth is expected to be roughly cut in half during the fourth quarter of this year, Bank of America told clients in a report Friday.

That was this afternoon. This evening Bank of America canceled popular conservative Twitter user Catturd’s podcast account. No reason was given. Our friend Catturd did not go quietly. Bank of America’s third-largest shareholder is Woke Blackrock, a financial group with strong ties to Communist China.

The global debt market is orders of magnitude larger than the stock market, and debt instruments across the globe have nearly reached the breaking point due to the Fed’s steady increase in interest rates this year (combined with seemingly endless money printing and other disastrous fiscal policies). Because bond values have an inverse relationship with interest rates, as interest rates go up, the value of bonds and other debt instruments already issued goes down. With each Fed rate increase, bond values are cratering, leaving debt investors holding substantial losses and leading to a collapse in the number of potential buyers...

Bank of America today announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles and Miami. The Community Affordable Loan Solution™ aims to help eligible individuals and families obtain an affordable loan to purchase a home. The Community Affordable Loan Solution is a Special Purpose Credit Program which uses credit guidelines based on factors such as timely rent, utility bill, phone and auto insurance payments. It requires no mortgage insurance or minimum credit score. Individual eligibility...

A Texas man who raps about robbing ATMs lived out his own lyrics when he was busted for stealing from a cash machine in Tennessee earlier this week. Ladesion Riley, 30, was one of four people charged for allegedly holding up an ATM technician at a Bank of America in Nashville as he serviced the machine on Monday, according to the Nashville Metropolitan Police Department. The other suspects are Darius Dugas, 27, Sashondre Dugas, 32, and Christopher Alton, 27. All four alleged thieves hail from Houston. According to police, two members of the group approached the technician from behind around...

In an alert to clients this week Bank of America strategists warned in blunt language: "'Inflation shock' worsening, 'rates shock' just beginning, 'recession shock' coming." Why it matters: The ultra-tight job market and high inflation are two sides of the same coin, Axios chief economic correspondent Neil Irwin notes. The super tight-job market is fueling higher wages and strong demand — which is why the Fed is going to have to move more aggressively than it has in decades to try to quash inflation. Driving the news: The recession calls are about what might happen later this year or in...

Amid a surge in some New York City violent crime, Wall Street bigwigs continue to encourage younger staffers to come into the office — but to do so with caution. At Bank of America, senior executives have quietly encouraged younger employees to “dress down” to attract less attention as they make their way to B of A’s tower at 1 Bryant Park. These execs have told their staffers that dressing up, or wearing anything with a Bank of America logo, could make them a target. One bank employee told On The Money he is on high alert after he spotted...

Bank of America increases minimum wage to $21 an hour amid labor shortages © Greg Nash The Bank of America is increasing its minimum wage to $21 an hour amid labor shortages across the country, The company announced the increase Wednesday, following its move in May to make all its U.S. vendors pay its employees at least $15 an hour. “Our company’s focus on Responsible Growth requires that we provide a great place to work,” said Sheri Bronstein, chief human resources officer at Bank of America.

The great computer chip shortage of 2021 will likely get worse before it gets better. This conclusion was reached following brief study and anecdotal review. Moreover, while COVID lockdowns may have initially triggered the shortage, several decades of shortsighted decisions and simmering geopolitical tensions make it much more than a matter of fixing a few broken links in the supply chain. Here’s why… The world’s top two leading chip companies are Taiwan’s TSMC and South Korea’s Samsung Electronics. These two Asian firms, combined, control more than 70 percent of the semiconductor manufacturing market. The U.S., which was once a leader,...

Bank of America, Lowe's, and Truist Financial Corporation sponsored a United Way critical race theory "Racial Equity 21-Day Challenge" claiming that America is systemically and institutionally racist, encouraging participants to "decolonize [their] mind[s]" and to get "woke at work," and urging white people to "cede power to people of color." Christopher Rufo, a senior fellow at the Manhattan Institute, first revealed the critical race theory challenge, presenting documents he obtained from a whistleblower. Rufo reported that Bank of America encouraged North Carolina employees to undertake the "Racial Equity 21-Day Challenge," but support for the critical race theory training extended far...

In June 2020, elites from around the world gathered to announce the launch of a plan to “reset” the entire global economy, a proposal they ominously named the “Great Reset.”Among the many world leaders and powerful institutions that pledged their support for the Great Reset at the June meeting were the International Monetary Fund, Prince Charles, the head of the United Nations, CEOs from major international corporations, and the World Economic Forum—one of the key ringleaders of the Great Reset.“Every country, from the United States to China, must participate [in the Great Reset], and every industry, from oil and gas...

The third and last remaining commissioner of the Texas utilities regulator resigned under pressure on Tuesday after the release of comments to investors vowing to protect utility profits and dismissing financial hits from a cold snap on municipal power companies. The resignation came soon after the disclosure of inflammatory comments by the Public Utility Commission Chair Arthur D’Andrea in a March 9 call with Bank of America utilities’ analysts. The call took place two days before he was to consider rescinding billions of dollars payment to utilities. His stance against repricing helped sink a proposal this week to cut $4.1...

One week ago, Bank of America hinted at the unthinkable: the tsunami of monetary and fiscal stimulus, coupled with the upcoming surge in monetary velocity as the world’s economy emerges from lockdowns, would lead to unprecedented economic overheating… or rather precedented as BofA’s CIO Michael Hartnett reflected back on the post-WW1 Germany which he said was the “most epic, extreme analog of surging velocity and inflation following end of war psychology, pent-up savings, lost confidence in currency & authorities” and specifically the Reichsbank’s monetization of debt, and extrapolated that this is similar to what is going on now.There is, of...

Outraged Bank of America customers are boycotting the bank after learning it snooped through hundreds of innocent people's accounts at the request of the government as part of its investigation into the Capitol riot, using a broad criteria that meant anyone who made a transaction in DC that day came under a federal microscope. Tucker Carlson revealed the bank's involvement in the investigation on his FOX News show on Thursday night. After being contacted by the government, Bank of America handed over the information of 211 people. The feds asked for information including: Customers confirmed as transacting, either through bank...

Tucker: Bank of America secretly turned over customer data to FBI Tucker Carlson Tonight' host warns anyone can be considered a 'domestic extremist'

Bank of America is working with the FBI to hunt down Trump supporters

Fox News host Tucker Carlson tore into Bank of America (BOFA) for allegedly searching and releasing private customer data to federal investigators following the Jan. 6 Capitol riot. Carlson said his show obtained “exclusively, evidence" that BOFA — which has more than 60 million customers — “is actively but secretly engaged in the hunt for extremists in cooperation with the government.” Carlson said during the February 4 edition of Tucker Carlson Tonight that the nation’s second-largest bank “is, without the knowledge or the consent of its customers, sharing private information with federal law enforcement agencies.” In effect, Bank of America...

Fox News host Tucker Carlson Thursday night revealed Bank of America searched through customer data and provided the data to the feds after the Capitol riot. Bank of America gave data and information to the feds at the request of the US government, without the knowledge or consent of the customers. One innocent Bank of America customer was actually interrogated by the feds and ultimately cleared of any wrongdoing. How is this even legal? Bank of America scanned through customer records to flag the following: Were they in DC between January 5 and January 6 Purchased a hotel stay or...

Rarely in the history of the cybersecurity industry has a company become so toxic so quickly as HBGary Federal. Over the last week, many of the firm’s closest partners and largest clients have cut ties with the Sacramento startup. And now it’s cancelled all public appearances by its executives at the industry’s biggest conference in the hopes of ducking a scandal that seems to grow daily as more of its questionable practices come to light. Last week, the hacker group Anonymous released more than 40,000 of HBGary Federal’s emails, followed by another 27,000 from its sister company, HBGary, over the...