BREAKING: David @friedberg says "California is functionally bankrupt" "People don't realize how screwed California is, & I worry that if California falls, so does the union. "$250 billion to $1 trillion short." "This is because for California to get rescued would be a big costnk it creates in the years ahead a lot of tension." "California's functional bankruptcy is a major risk to the country. & I think we need to figure out what we can change to fix it." How we got here: "California has a public pension system, & that public pension system retirees have paid into it & they get some benefits out, & the amount that they're owed back out is somewhere between $250 billion - $1 trillion dollars more than has been paid in. $250 billion to $1 trillion short. If it was the federal government, it would be like, okay, we'll just print more money. California doesn't have the ability to print money, so California has to pay this out, and you can't restructure retirement benefits. There is a Supreme Court case in California that said that once an employee has been offered retirement benefits, even if they're currently an employee, you can never restructure their retirement benefits. It has to stay forever, and the state cannot declare bankruptcy. There's no way for the state to functionally declare bankruptcy. There's no law to allow it. No state has ever declared bankruptcy, and the retirement benefits sit senior to the bonds in California. So you have to pay out the retirement benefits before you pay out all the bond holders that have loaned California the money that they use to run all their programs and services." Hill & Valley Forum 2026 (@HillValleyForum)

🚨 Do you understand what UBS just did.. they locked $469 million in a real estate fund and told investors they can't have their money back for up to 3 years.. they're calling it a "withdrawal halt".. it has another name.. here's why this matters.. in June 2007, Bear Stearnsge funds.. told investors the same thing.. "temporary.. market conditions.. we'll sort it out.." 14 months later, Lehman Brothers collapsed and the entire global financial system went with it.. the "gate" on a fund is a confession.. it means UBS looked at their real estate portfolio, looked at how many people want out, and realised they don't have the liquidity to pay them.. commercial real estate has been quietly bleeding since COVID.. office vacancy at record highs.. WeWork gone.. buildings worth half what they were.. UBS just confirmed what the market has been pretending isn't true.. someone always knows before you do.. trust me.. and when they stop you from taking your own money, they've already made their decision.

.@ISCEvents - this - was given a booth to hype product ? REALLY who buys """""security"""" anything from $AITX ****inspires confidence, protection, longevity, solid ????? discoverisc.com/global/en-us/i… Wow isc must be desperate ............... !!!!!!!!!!!!

Chicago Mayor Brandon Johnson unveils an “Abolish ICE” themed snowplow. The rollout comes amid ongoing debate over sanctuary policies and public safety.

U N I P A R T Y Crimes Senate just voted 53-47 to keep Trump’s Iran strikes rolling — no war declaration, no timeline, no debate. Both parties just renewed the empire’s forever blank check.

The Treasury just quietly admitted the U.S. government is insolvent. $47.78 trillion in liabilities. $6.06 trillion in assets. My Six Penny Plan would balance the budget in five years. But that would require the government to actually stop spending money it doesn't have. finance.yahoo.com/economy/policy…

Just hours after Johnson was in D.C. throwing punches at President Trump after the State of the Union — partying with communist frogs and giraffes — Fitch downgraded Chicago to BBB+. Chicago Mayor Brandon Johnson was warned about the deficits. He treated the budget like his wipe. Spend. Ignore the balance. Now the statement’s in. And you get the bill. 📉

The Treasury just declared the U.S. insolvent. The media missed it. fortune.com/2026/03/23/us-…

UPDATE: THEY STOLE EVERYTHING?? FORTUNE: “The U.S. government is insolvent.” — The Treasury Department’s own consolidated financial statements for FY25, released last week to near-total media silence, say we’re BANKRUPT: $47T in total liabilities but only $6T in total assets! 🤯O