Goldman Sachs Prepares Biggest Layoffs Since 2008 Financial Crisis

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Goldman Sachs Group will start cutting thousands of jobs across the firm from Wednesday, two sources familiar with the move said, as it prepares for a tough economic environment.

Just over 3,000 employees will be let go, one of the sources said, but the final number is yet to be determined. That scale of layoffs would be the largest since the 2008 financial crisis, one of the sources said.

The layoffs are likely to affect most of the bank’s major divisions, but should centre on Goldman Sachs’ investment banking arm, one of the sources said. Wall Street banks have suffered a major slowdown in corporate dealmaking activity as a result of volatile global financial markets.

Hundreds of jobs are also likely to be reduced from Goldman Sachs’ consumer business, Marcus, after it scaled back plans for the loss-making unit, the sources said.

The bank’s chief executive David Solomon sent a year-end voice memo to staff warning of a headcount reduction in the first half of January, two separate sources said. Goldman Sachs declined comment on the memo. (Read more from “Goldman Sachs Prepares Biggest Layoffs Since 2008 Financial Crisis” HERE)

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Backtracking: WaPo Admits Russian Trolls ‘Had Little Influence’ After Years Hyping Role in Trump’s Win

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The Washington Post acknowledged that Russia’s meddling in the 2016 presidential election regarding its social media footprint was not as significant in putting Donald Trump in the White House as the paper previously hyped.

In a report from the paper’s “The Cybersecurity 202” newsletter headlined “Russian trolls on Twitter had little influence on 2016 voters,” the Post cited a new study from the New York University Center for Social Media and Politics that analyzed what sort of impact disinformation and misinformation had on one social media platform, in this case Twitter.

Josh Tucker, one of the study’s authors, told the Post, “My personal sense coming out of this is that this got way overhyped.”

“Now we’re looking back at data and we can see how concentrated this was in one small portion of the population, and how the fact that people who were being exposed to these were really, really likely to vote for Trump,” Tucker said to the Post. “And then we have this data to show we can’t find any relationship between being exposed to these tweets and people’s change in attitudes.” (Read more from “Backtracking: WaPo Admits Russian Trolls ‘Had Little Influence’ After Years Hyping Role in Trump’s Win” HERE)

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Donalds Reveals What He Got in Exchange for Backing McCarthy for Speaker

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Rep. Byron Donalds, R-Fla., revealed on Sunday that he is being placed on the House Republican Steering Committee in exchange for supporting Kevin McCarthy for House Speaker.

Donalds revealed the new appointment during a Sunday appearance on Sunday Morning Futures with Maria Bartiromo.

His appearance followed an epic 15-ballot election for McCarthy to become House speaker. To become speaker, McCarthy had to make concessions to a small group of hardliners who refused to support him until he yielded to their demands.

“I’m frankly just happy that it’s all over with, and that we got something transformational and sound for the American people,” Donalds said.

The committee’s purpose is to assign fellow Republicans to other House committees. Donalds noted that his appointment to the Steering Committee was an important step to having “more [Republican] voices on more committees.” (Read more from “Donalds Reveals What He Got in Exchange for Backing McCarthy for Speaker” HERE)

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When Leaders Won’t Crack Down on Crime, Citizens Like the Texas Taco Guy Will

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For years now, cities have failed to combat rising violent crime. Citizens are fed up and, as a result, are taking action. Such was the case in Houston this weekend when a customer at a taqueria shot and killed an armed robber.

Video footage of the late-night stick-up shows an armed man, clothed in a black ski mask, demanding wallets from diners. As the robber makes his rounds, a male customer in one of the booths can be seen reaching for his concealed handgun before firing nine times into the criminal’s back. Once he ensured the robber was disarmed of what was later reported to be an airsoft gun, the customer returned the other patrons’ stolen goods.

The mysterious vigilante disappeared from the taco shop before law enforcement could question him.

Texas law allows for the use of deadly force against a person committing or trying to commit robbery, aggravated robbery, and attempted murder, among other things. Whether the unnamed customer will be charged with a crime for stopping one, however — something Twitter users hotly debated over the weekend — remains to be seen.

This shooting, regardless of legality, is what happens when cities don’t crack down on crime. (Read more from “When Leaders Won’t Crack Down on Crime, Citizens Like the Texas Taco Guy Will” HERE)

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Tennis Star Among High-Profile Italians Accused of Faking Vaccine Papers

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A doctor was arrested last year in northeastern Italy for allegedly doling out fake COVID-19 vaccines and vaccination certificates. Italian pro-tennis star and lingerie model Camila Giorgi, 31, is now under investigation on suspicion of being one of the doctor’s high-profile clients.

If physician Daniela Grillon’s admissions to investigators are true, then Giorgi competed in several international tennis competitions under the false pretense that she was was vaccinated.

Daniela Grillon was arrested in Vincenza in February 2022 and charged with doling out fake serums and vaccination records, reported Tennis365.

Grillon claims to have faked vaccinations for hundreds of people, including the popular Italian musician Francesca Calearo, who goes by “Madame,” and the Giorgi family.

The doctor said that she could “confirm with [absolute] certainty that none of the vaccines against the Giorgi family have actually been administered.” (Read more from “Tennis Star Among High-Profile Italians Accused of Faking Vaccine Papers” HERE)

Photo credit: Flickr

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Woman Who Joined ISIS in 2014 Wants to Come Home to Alabama

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A former ISIS bride is requesting that the United States allow her to return to her home state of Alabama from a Syrian refugee camp.

Hoda Muthana ran away from her home in Alabama at 20 years old to join the Islamic State, even having a child with one of the soldiers. Joining the group in 2014, Muthana said she was brainwashed by online traffickers and regrets all of her decisions, beside having her child, according to Yahoo! News.

“It’s basically like the same day on repeat, for four years,” Muthana said of life inside camp, adding that “the only different thing is your child is growing,” she added.

“If I need to sit in prison, and do my time, I will do it … I won’t fight against it,” she said in a recent interview.

However, in 2015, Muthana was rather enthusiastic about joining ISIS, posting online about burning her passport and encouraging others to commit terrorist attacks in America. (Read more from “Woman Who Joined ISIS in 2014 Wants to Come Home to Alabama” HERE)

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More Than 16,000 People Have Gone Missing From One Mysterious Area of the U.S. Since 1988

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The Alaska Triangle, or Alaskan Triangle, is a swath of land with an area of 32,000 square miles located between Utqiagvik, Anchorage, and Juneau, Alaska.

It consists of a variety of rough terrain like vast forests, frozen tundra, and icy mountains, making it extremely difficult to navigate.

Since 1988, over 16,000 people have disappeared without a trace when traveling through the area.

People go missing there at a rate of 4 out of every 1,000 travelers. This is more than twice the national average. The total number of people who were never found is even higher.

The disparity in the data indicates that there is something more sinister at plan than simply wandering off. The most notable disappearance is that of House Majority Leader, Hale Boggs.

@spooky_sleuth The Alaska Triangle #urbanlegend #murderino #truecrimetok #spookyseason ♬ Mysterious – Andreas Scherren

(Read more from “More Than 16,000 People Have Gone Missing From One Mysterious Area of the U.S. Since 1988” HERE)

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Big Tech Platforms Remove Content Supporting Pro-Bolsonaro Rioters Who Stormed Brazilian Federal Buildings

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Social media platforms revealed on Monday that they would remove content supporting riots in Brazil that saw demonstrators storm multiple federal buildings.

Thousands of supporters who backed former President Jair Bolsonaro in recent elections entered facilities hosting the South American nation’s legislative and executive branches. President Luiz Inácio Lula da Silva, who assumed office last week, has vowed to punish individuals who destroyed federal property. Technology companies are now taking down material that supports the riots, according to a report from Reuters.

“In advance of the election, we designated Brazil as a temporary high-risk location and have been removing content calling for people to take up arms or forcibly invade Congress, the Presidential palace and other federal buildings,” a spokesman for Meta, which runs Facebook, told the outlet. “We are also designating this as a violating event, which means we will remove content that supports or praises these actions. We are actively following the situation and will continue removing content that violates our policies.”

YouTube, a subsidiary of Google, likewise told the outlet that the company is “closely tracking” the unrest and “removing content” that violates community guidelines. “Our systems are prominently surfacing authoritative content on our homepage, at the top of search results, and in recommendations,” a spokesperson said. “We will remain vigilant as the situation continues to unfold.” (Read more from “Big Tech Platforms Remove Content Supporting Pro-Bolsonaro Rioters Who Stormed Brazilian Federal Buildings” HERE)

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Filming Will Soon Get Underway for ‘Passion of the Christ’ Sequel: Report

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Filming is reportedly set to get underway in the next few months for the highly-anticipated sequel for “Passion of the Christ” with Mel Gibson working on multiple drafts of the screenplay.

The 67-year-old actor, director and producer has reportedly been working on the “The Passion of the Christ: Resurrection,” a sequel to the hit 2004 Gibson film, for nearly a decade, CBN News.com reported.

“Gibson has been hard at work on the screenplay with ‘Braveheart’ screenwriter Randall Wallace,” Veteran film journalist Jordan Ruimy shared.

“There have already been six drafts,” Ruimy added. “‘Resurrection’ would focus on the twenty-four hours encompassing Jesus’ passion and the events that occurred three days between his crucifixion and resurrection.” (Read more from “Filming Will Soon Get Underway for ‘Passion of the Christ’ Sequel: Report” HERE)

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The Democrats and Their FBI Gestapo Have Brought Nazism to America

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There is no doubt about it

The alleged “January 6 insurrection” is entirely an orchestrated event. The presstitutes have given a completely fabricated account that bears zero relationship to what happened. This documentary by the Epoch Times, a new large online and print newspaper that is filling the role abandoned by the US media of objective reporting, is a font of truthful information backed up by visual evidence. Here are a few of the actual facts. The police behaved as thugs throughout. The police intentionally did their best to provoke a peaceful crowd to violence by shooting into their midst plastic grenades filled with plastic shrapnel. The police, if indeed they were police, broke every rule of police behavior in their efforts to provoke the crowd into violence. They were helped by provocateurs, none of whom have been arrested or questioned. These efforts had little success. So they then killed purely gratuitously two women. Ashley Babbitt was gratuitously murdered by a black police officer for no other reason than to produce the aura of violence that required deadly police force. Another women was murdered by black police as the documentary shows clearly. Neither of the women were doing anything to justify the use of death-dealing force against them. In neither case was there any investigation of the police use of excessive force. The Justice (sic) Department gave a free pass to the murderers. None of the required procedures that are required when people are killed by police were followed. In the case of Derick Chauvin they were excessively applied. We have a two-tiered system of justice in which the application of law depends on race.

The alleged “insurrection” was staged by the Democrats and the Gestapo security agencies that report to them in order to discredit Donald Trump and prevent the presentation to Congress of the evidence that Biden’s election was stolen. It was all carefully planned and organized, and the official narrative was provided to the presstitutes the minute the orchestration began.

The US Department of Justice is a co-conspirator in the plot. Justice (sic) department attorneys have lied in court before judges that police officers were killed by the alleged “Jan. 6 insurrectionists.” No police officers were killed. One died on Jan. 7 from natural causes as medical authorities determined. On the basis of totally false charges, hundreds of Trump supporters have been held in solitary confinement to extract plea bargains as there is no evidence of insurrection.

The Oath Keepers are accused of “seditious intent,” but there are three documented instances in which they went to the aid of the police. This is covered toward the end of the documentary.

The documentary is objective. Too objective in my opinion. It should have been an indictment of the terrifying Third Reich behavior of the Democrats and their Justice Department Brownshirts. The documentary is long–one hour and 40 minutes. But watch it, 15 minutes at a time if necessary. There is a revolution underway that is creating a situation for you that is far worst than life in the Third Reich. The documentary gives you a chance to become aware of the facts that your free society is being overthrown while you sit there watching a sitcom or a football game. There is no one but the people to do anything about it. If they cannot be bothered, they are acquiescing in the rise of tyranny.

Watch: The Real Story of January 6 | Documentary.

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Paul Craig Roberts, a former Assistant Secretary of the US Treasury and former associate editor of the Wall Street Journal, has been reporting shocking cases of prosecutorial abuse for two decades. A new edition of his book, The Tyranny of Good Intentions, co-authored with Lawrence Stratton, a documented account of how americans lost the protection of law, has been released by Random House. Visit his website.

Permission to reprint Dr. Roberts’ columns does not imply that Dr. Roberts endorses the websites or media organizations that republish his columns or that he approves of the content of the websites, media outlets or books that republish his columns.

Copyright © Paul Craig Roberts