It's federal law that banks have to cover their debts each night before closing, if they want to open their doors the next day. If they can't cover the costs, banks can use loans but it's a sign of serious trouble for that bank and possibly for the economy. Days before the 2008 market crash in America, the Federal Reserve Bank of New York tried to loan 50 billion dollars to a struggling bank. It was the most amount of money loaned to a bank in history at the time. But this week, the Federal Reserve loaned 500 BILLION dollars to a struggling bank, in the midst of this coronavirus crisis. When it comes to deadly pandemics, have a precedent to study to learn how to move forward: the Spanish Flu in 1918. But, we don't have any kind of precedent for this. We know the market has been struggling, as the DOW report continues to drop. What comes next?
Glenn reads some of his favorite poetic works of Edgar Allen Poe—"The Raven" and "The Tell-Tale Heart"—stories he used to read to his kids every Halloween. He also tells the love story of Edgar Allan Poe and his wife, Virginia, whom he married when she was only 13 years old.
President honey badger doesn't care, he gets stung over and over and he don't give a sh*t. He is the most fearless in all of the animal kingdom.
Our history is being lost. Our traditions are being deleted. Our God has been chased out of every public space. Now, more than ever, help us restore these things with an Independence Day celebration you and your family will never forget. A three-day tour de force in historic Gettysburg. Space is *extremely limited*. Get all the details here.
The holiday season leads us through a progression of giving thanks, celebrating the birth of Christ, renewing ourselves and committing to be better and the culminating and crowning event of Easter. He died and conquered death that we might live. Watch this to hear Glenn's Easter message.