By John Galt November 28, 2007 The final vote was Yeas 398, Nays 21 and with that announcement on the floor of the House of […]
01.23.26 Credit Union Failure Friday Not BFD but BHCEFCU
Tonight the Beverley Hills City Employees Federal Credit Union went tango uniform, aka, failed, aka, conserved. So what is the story behind a credit union failing in one of the wealthiest cities in America? Let's dig in together. First from the NCUA website: Beverly Hills City Employees Federal Credit Union Conserved Accounts Remain Protected by Share Insurance Fund; Member Services Uninterrupted ALEXANDRIA, VA (January 22, 2026) – The National Credit Union Administration today placed Beverly Hills City Employees Federal Credit Union (FCU) in Beverly Hills, California, into conservatorship. Member services will continue while NCUA works to resolve issues affecting the credit union’s operations. NCUA placed Beverly Hills City Employees FCU into conservatorship because of unsafe and unsound practices at the…
01.23.26 Credit Union Failure Friday Not BFD but BHCEFCU
Tonight the Beverley Hills City Employees Federal Credit Union went…
President TACO Folds Like a Swiss Army Knife
Despite the insane market action today, yours truly really wanted…
01.16.26 Credit Union Failure Friday: People Trust Community FCU Conserved
In an amazing turn of events, apparently there are a…
This Silver Train Will Run You Over
Instead of another chart heavy reminder that if one was…
If Inflation is Contained, Why the Propaganda Push?
Every now and then both political parties reveal the absurdity…
Prepetorial #7: Friend or Foe
By John Galt November 23, 2007 Mayor Donaldson was sitting at his desk sorting through the new stack of memos and advisories from FEMA and […]
Prepetorial #6: “Take Two Aspirin and Call me in October”
By John Galt November 20, 2007 As Karen looked at her husband Mike in utter panic, the realization that the Medical Services Administration was not […]
Prepetorial #5: Eat Your Guns
By John Galt November 14, 2007 The temperature had to just be miserable today for May 14, 2011, as here I was at a WalMart […]
Prepetorial #4: “I never knew”
By John Galt November 12, 2007 It was a typically boring Saturday afternoon in suburbia. It did not seem like just one year ago, […]
Prepetorial #3: Running on Empty
By John Galt November 7, 2007 AS the digital counter displayed ‘4.50’ in the Gallons portion of the pump’s display, the shocking portion was the […]
Prepetorial #2: Casino Currency
By John Galt November 3, 2007 As my wife and I entered the flea market, we understood the risks we took that day. Shopping for […]
Prepetorial #1: “I saw a flash”
By John Galt October 30, 2007 The following is my first “prepetorial”; a word I concocted to try to introduce the idea of “prepping” along […]
“Weimerica”
By John Galt Jul 24, 2007 In the early 1920’s, the Weimar Republic of Germany created an economic miracle in the eyes of some as […]
The ULTIMATE Economic Hit: Target-America… Patient Condition: CRITICAL
By John Galt April 14, 2006 First and foremost, yes, this is another editorial. I came back from a camping trip one day early to […]