You Can’t Trust Media or Public Health Officials. Now You Can’t Trust Banks

How much longer can Americans be lied to before the nation’s social fabric shreds completely?

To some extent, governments and big media have always lied. In the past, this has been done with good intentions (during times of war when secrecy is needed) or bad (as in cover-ups of blunders and crimes). Americans may be a bit cynical, yet they know what’s happening and why.

Vietnam and Watergate are examples, but you can go as far back as you like in U.S. history and find more. Today the tempo of lies has sped up beyond belief. There was the Russian influence hoax aimed at Donald Trump by Hillary Clinton and her flunkies. Then came the cover-up of 2020, the election fraud. There’s room for disagreement about whether that fraud changed the outcome of the election, but there’s no question about the fact that it happened. Yet any mention of it made you an “election denier.”

The word denier became the insult of choice for progressives when confronted by the truth. When you point out that climate changes all the time but slowly and without catastrophic outcomes and that CO2 is a trace gas with no proven relationship to climate change (which is caused by sun cycles, volcanos, and ocean currents, among other large-scale and immensely complex systems), it’s more than enough to get you labeled a “climate denier.”

Then there’s the mother of all public policy lies, which was the campaign designed to scare Americans into taking untested experimental gene therapies under the name of “vaccines.” The lies about COVID are almost too many to count.

Careful studies show that masks don’t work, vaccines don’t work, lockdowns don’t work, and “social distancing” (which is really anti-social) doesn’t work. The government, especially Dr. Anthony Fauci, lied to Americans about all of these things. Above all, Fauci said the virus came from a wet market (it came from a lab in China) to cover up the fact that Fauci was funding the Chinese lab.

Can it get any worse? Unfortunately, yes.

The latest fraud is the banking crisis that has spread from Silicon Valley Bank to Signature Bank and then to First Republic and Credit Suisse. More bank failures are waiting in the wings.

Janet Yellen said the system is sound. That’s a lie. Unrealized bond losses on bank balance sheets exceed $800 billion.

Yellen said the bailouts will not cost the taxpayers anything. That’s a lie. Banks will have to pay higher deposit insurance premiums, which will be passed through to regular customers (that’s you and me) in the form of fees or lower interest rates on deposits.

Yellen blamed Trump for the bank failures. Trump hasn’t been president for over two years. That’s just more finger-pointing and failing to take responsibility, which is entirely typical of the Biden administration.

The short-term consequences of this reign of lies are summarized in this article. The long-term consequences are even more severe and include a breakdown of confidence in the U.S. dollar itself and the collapse of social order.

The elites are always the last to know because they take the status quo for granted and assume people have an unlimited capacity for swallowing more lies. They don’t. Maybe when they start erecting a guillotine in Lafayette Park near the White House the elites will have a clue. Let’s hope it doesn’t come to that. Still, we’re getting dangerously close.

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