Jul 24 2025

Democrat Makes It Clear: It’s All About Amnesty

Posted originally on Rumble on Bright Bart News Network on: July 23, 2025

Jul 24 2025

Bank Branches are the Latest Creative Destruction Casualty

Posted originally on Jul 24, 2025 by Martin Armstrong

Over 8,000 bank branches are expected to close worldwide in 2025. Approximately 3,200 of those closures will take place in the United States. Q1 experienced 148 net branch closures in the US, with all major banks slated to close branches throughout the year.

These are merely bank closures and not bank failures, although two smaller US banks did fail this year. People simply prefer online banking as we have made the switch from relational to transactional banking.

Bankrate conducted a survey that found 77% of Americans prefer online digital banking, yet other surveys believe the figure is closer to 89%. Digital banking has been rising in popularity in recent years, up from 203 million domestic users in 2022 to the 216.8 million projected users in 2025. The survey found that 34% of consumers use online banking on a daily basis, consistently checking their account and transactions. There has even been a 19% increase in use among the 65+ crowd who is least likely to use digital services.

The total number of bank branches across the US fell below 65,000 in Q2. Texas, New York, and California saw the largest decrease in brick-and-mortar locations. Many branches that chose to remain open are only offering drive thru services. One in three banks has closed in rural areas as there is no demand, and the Federal Reserve noted in its annual Banking Access Report that the number of “banking deserts” across the Midwest is rising.

Banks have no overhead with digital banking services and they do not need to hire staff. The cost-per-transaction for in-person banking is $4.00 compared to only $0.04 for digital. AI is rapidly replacing bank tellers with a 3 to 1 ratio.

The trend is global. The United Kingdom anticipates 370 to 450 branch closures this year. Germany and France are facing 1,100 closures combined. The Asia-Pacific region of the world saw a 16% reduction in bank branches from January to May 2025. Certain nations like Malaysia and Thailand also offer branchless micro-banking kiosks to substitute relational banking.

The money in your bank account is already just an electronic book entry. Not only is there less demand for face-to-face banking, but they are also preparing for CBDCs as bank branches are unnecessary without physical paper money. You can deposit a check on your phone or at a kiosk, but e-checks are rising in popularity. The only thing left for a branch is safe deposit boxes, and the government assumes you are hiding cash there anyway. Relationship banking is becoming a thing of the past, the latest casualty in the cycle of creative destruction.

Jul 23 2025

Ret. Col. Harvey: “Brennan & Clapper Are Very Nervous, They See The Unraveling Beginning.”

Posted originally on Rumble By Bannon’s War Room on: July 22, 2025

Jul 23 2025

Canada Accepts They’re Not Going to Get a Trade Deal Before 35% Tariffs Kick In

Posted originally on CTH on July 22, 2025 | Sundance

I’ll repeat it as much as needed, until it sinks in.

The U.S-Canada trade deal status is simply a no-brainer. President Trump will answer questions about Canada and tariffs, he’ll put people into seats to discuss trade with the Canadian delegation, and he’ll give every outward appearance of being favorable to Prime Minister Mark Carney…. BUT…

In the background, Trump is simply waiting for the USMCA timeline to trigger a renegotiation. President Donald Trump is ambivalent to the trade partnership with Canada. This moot-status reality is why there’s no substantive engagement.

‘No deal’ -until USMCA redo- is a win for President Trump.

For some bizarre reason that I simply cannot fathom, almost every Canadian politician seems entirely oblivious to this reality. Instead, Canadian Trade Minister Dominic LeBlanc and Mark Carney’s chief-of-staff, Marc-André Blanchard are once again coming to DC to ride their bicycles in slow circles at the bottom of the White House driveway while staring in the windows.

An article in Politico notes the Canadian premiers are now accepting the August 1st deadline will pass without any agreement, and the 35% reciprocal tariffs on non-USMCA products (meaning a lot of stuff) is going to trigger.

Literally, everything from Canada that has a non-USMCA component is going to be tariffed. Think about all the stuff from China, Asia (writ large) and Europe that Canada assembles for finished goods. All of that stuff will be subject to the tariffs.

That said, there’s good news coming from the recent meeting between Prime Minister Carney and the Premiers. Within their statement they use the term “developing large infrastructure projects.” That’s Canadian political codespeak for them realizing they are going to have to get back to regular energy development, raw material use/refinement and ACTUAL MANUFACTURING.

Canada is going to have to bring back their ‘dirty’ industrial jobs.

For our Treehouse friends in Canada, this is very good news. The Canadian assembly economic model has to change in order to get compliant with U.S. trade rules. THAT’S TRUMP’S ENTIRE POINT!

The environmentalists within Canada will not like this, but economically they will have no choice; it’s the only way to avoid a complete economic depression.

HUNTSVILLE, Ontario — Prime Minister Mark Carney and Canada’s premiers are tempering expectations that they’ll strike a new economic and security deal with Donald Trump by the end of the month.

“We would like to have the ideal deal, as fast as possible. But what can we get?” Quebec Premier François Legault said Tuesday. “You almost need to ask Donald Trump, and I’m not even sure he knows himself what he wants.”

It’s a shift in tone from the premiers and Carney, who ran for election on his economic record, arguing he’d be the best person to negotiate with the president. But Canada is finding it harder than it looks.

Carney met the premiers in Muskoka, cottage country north of Toronto, to update them on Canada-U.S. negotiations.

As the leaders emerged from a three-hour meeting, they downplayed hopes of an Aug. 1 deal, arguing that achieving a “good deal” is more important than hitting a deadline.

[…] As the negotiations continue, the premiers spent Tuesday carving out a strategy to offset the economic impact of Trump’s tariffs on the aluminum, steel, auto and lumber sector. They spoke about developing large infrastructure projects, breaking down trade barriers between provinces and encouraging a “buy Canadian” approach. (READ MORE)

Canada is going to go into a deep economic recession; there’s no way to avoid it. However, if they restart their industrial base, drop the ridiculous ‘green’ energy stuff, start exploiting their own natural resources and train an apprentice generation -just like we are trying to do- then Canada can bounce back stronger than ever.

We know there are Canadian wolverines who understand this concept; we saw thousands of them in the Truckers’ vaccine strike. Make Canada Great Again, by Making Dirty Jobs Great Again, eh?

Jul 22 2025

Joe Allen On Geneva U.N. Conference: “None Of The Frontier Labs Were Represented”

Posted originally on Rumble By Bannon’s War Room on: July 21, 2025

Jul 22 2025

Trudeau Redux – Canadian Prime Minister Mark Carney Huddles with U.S. Senators

Posted originally on CTH on July 21, 2025 | Sundance

In 2018, Canadian Prime Minister Justin Trudeau relied heavily on House Speaker Nancy Pelosi for assistance when the U.S. and Mexico constructed the majority of the USMCA trade pact. Today, Canadian Prime Minister Mark Carney takes the same approach.

[SOURCE]

PRESS RELEASE – “Today, the Prime Minister, Mark Carney, met with a bipartisan delegation of United States senators in Ottawa. The Senator for Oregon, Ron Wyden, the Senator for Alaska, Lisa Murkowski, the Senator for New Hampshire, Maggie Hassan, and the Senator for Nevada, Catherine Cortez Masto, were present.” (more)

The 35% tariffs against Canada are scheduled to go into effect on August 1st.

As noted by President Trump in his remarks during Prime Minister Mark Carney’s visit to the White House, Trump plans to renegotiate the USMCA and end the trilateral agreement in favor of two bilateral trade deals.

During the Oval Office meeting President Trump said, “As you know [USMCA] terminates fairly shortly. It gets renegotiated fairly shortly.” Then the biggest statement, “This was a transitional deal, and we’ll see what happens, we’re going to start renegotiating that”… “I don’t know if it serves a purpose anymore.” …. “And the biggest purpose it served was, we got rid of NAFTA.”

President Trump is going to exit the trilateral USMCA in favor of two distinctly different bilateral trade agreements between the U.S and Mexico, and the U.S and Canada. The only consideration now is the timing. President Trump is 100% focused on the BIG ECONOMIC PICTURE; it’s not about the politics, it’s all about the economics.