TRUNEWS with Rick Wiles - Shekel Shuffle: Janet Yellen's SVB Bailout was for Israeli Tech Firms

Episode Date: March 15, 2023

Silicon Valley Bank's collapse last Friday created a panic among many Israeli technology companies that had money deposited at SVB. In addition, many Israeli tech startups relied on SVB for funding. Two Israeli banks helped transfer a billion dollars from SVB to Israel hours before the crash. Even more astounding is that billions of more dollars were deposited by Israeli tech companies in SVB and benefited from the US government's emergency bailout announced last Sunday. On today's edition of TruNews, We'll cover the facts about the US Treasury Secretary Janet Yellen's bailout of Israeli corporations, plus explosive new developments in the House investigation of the Biden crime syndicate. Rick Wiles, Doc Burkhart. Airdate 3/14/23 You can partner with us by visiting TruNews.com/donate, calling 1-800-576-2116, or by mail at PO Box 690069 Vero Beach, FL 32969.The Fauci Elf is a hilarious gift guaranteed to make your friends laugh! Order yours today! https://tru.news/faucielfIt’s the Final Day! The day Jesus Christ bursts into our dimension of time, space, and matter. You can order the second edition of Rick’s book, Final Day. https://www.rickwiles.com/final-day

You are listening to True News with Rick Wiles. We appreciate you tuning in. To find out more information regarding the broadcast, including prayer and financial support, please visit our website at www.truenews.com. Our mailing address for all correspondence is True News, P.O. Box 690069, Fairview Beach, Florida 32969. This is True News, the truth, the whole truth, and nothing but the truth, so help us God. Silicon Valley banks collapsed last Friday, created a panic among many Israeli technology companies that had money deposited at SVB. Many Israeli tech startups rely on SVB for funding. Two Israeli banks helped transfer a billion dollars from SVB to Israel hours before the bank crash. Even more astounding is that billions of more dollars were deposited by Israeli tech companies in SVB accounts

and thus benefited from the U.S. government's emergency bailout announced last Sunday. Doc Burkhardt and I have the facts about the U.S. Treasury Secretary Janet Yellen's bailout of Israeli corporations. Plus, we have explosive new developments in the House investigation of the Biden crime syndicate. We will begin with a Times of Israel article that revealed that the SVB bailout was for the benefit of Israeli corporations. Here is the headline. Now, in the headline, there's really no major clue about the bailout. Tel Aviv shares drop as SVB failure triggers cash flow concerns for Israeli startups. A few Americans saw this story.

But when you drill down into this story, now this is, that article was what, last Friday? Sunday. Last Sunday. Last Sunday. When you drill down in the article, you discover what the bailout was all about. Yes, indeed, Rick. As the article goes into detail here about just who was involved with the Silicon Valley Bank. But we're going to walk you through it here. Israeli shares dipped on Sunday, led by bank and insurance stocks, following the collapse of the Silicon Valley Bank Financial Group, the biggest lender to fail since the 2008 financial crisis. Now, so it's interesting, just that quote alone there.

Why would the failure of a single American bank cause a massive ripple effect on the Israeli stock market? That's the very first question you need to ask. Because Israeli corporations and Silicon Valley Bank were tied at the hip. They were like Siamese twins. Yes. SVB, the go-to lender of technology startups in Israel and the United States, collapsed Friday, forcing the U.S. federal government to step in and seize its assets. Hey, just stop right there, Doc. That's the first time I heard that SVB was known as, in Israel, it was, the Silicon Valley Bank was known in Israel as, that's the bank you go to in America to get money.

That's the easy money for any tech startup, basically, is what they're saying. Now, it goes on to say America's 16th largest bank failed after depositors hurried to withdraw money last week. We're going to talk about some of those depositors amid anxiety over its health and its ill-fated decisions as the interest rate environment went up at a fast pace over the past year. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008. Now, we're going to walk you through this. The U.S. bank served many Israeli startups and technology companies,

sending fears into the industry that some firms may find it difficult to make payroll payments. Remember, this was Sunday. At some point in the next month, if they cannot access the funds they hold at SVB, all the amounts are not yet known. Right there. On Sunday, as the dire reports were coming out in American news outlets that tech companies were facing a nightmare on Monday.

Right. That there would not be money to make payroll. I didn't read one article on Sunday that said that these tech companies were in Tel Aviv. You're correct, Rick. You just assumed that they were

in San Francisco. Yeah, Silicon Valley. Or Aspen or anywhere here in the U.S. Austin. But not Tel Aviv. Now we know what the shekel shuffle was all about. Right. They pulled it off again.

In a big way, and we're going to lay this out. So commenting on the significance of the SVB failure for Israeli startups, Ori Greenfeld, chief strategist at Sagat Investment House, pointed out that an estimated 90% of the deposits left in SVB are not insured. So let me explain that, okay? Every single account in the United States is insured by the Federal Deposit Insurance Corporation for up to $250,000. Okay? So that means, according to Mr. Greenfeld, and we'll have another report later on

that has a different figure than that. According to Mr. Greenfeld then, 90% of the money that was in Silicon Valley Bank was not insured. It was beyond the $250,000 limit. So there were companies and startups that were parking millions, hundreds of millions of dollars into Silicon Valley Bank uninsured.

So it goes on. But we know that Roku had $438 million in cash in the bank. Yeah, and that's just Roku. That's not counting, you know. There were hundreds of companies that had deposits at Silicon Valley Bank. But what we're discovering today, Doc, is that most of the money in SVB was Israeli money. That's right.

Prime Minister Benjamin Netanyahu said Saturday he had been in touch with senior Israeli tech figures vowing to assist affected companies. Now remember, this is before the big announcement, the back-end bailout. If necessary, out of responsibility to the Israeli high-tech companies and employees, we will take steps to assist the Israeli companies whose center of activity is in Israel to weather the cash flow crisis that has been created for them due to the turmoil, Netanyahu said in a statement. Doc, I'd like to know how many U.S. officials receive phone calls, text messages, emails

from Benjamin Netanyahu and his cabinet ministers. That's public information. Oh, I agree. There should be freedom of information requests filed to require Janet Yellen to disclose her communications with Benjamin Netanyahu. How many times did he call her on Saturday and Sunday saying, you are going to do a bailout, right? Well, and as luck would have it, the finance minister for Israel was in the U.S. over the

weekend. And he's still here today. So finance minister Bezalel Smoltrich said he was forming a special team to look into the potential consequences for Israel from the collapse, which will include the director general of the Treasury and officials from the Bank of Israel, the Securities Authority and Innovation Authority. All right, now just keep in mind here, Smotrich is the Zionist zealot. Yes. Who a week or two ago said he wanted the IDF to burn down. Harara.

Harara. Yes. A Palestinian city. Burn it down. That's what he wanted done. And yet he's in New York City this week. He just met with Citigroup today. Yes, and he was in New York City

to raise money for Israeli bonds. Yes. So he was in New York Saturday and Sunday when SVB was going down. Right. How many phone calls, how many meetings did he have with U.S. officials begging for a bailout for Israeli companies? Well, someone was given a heads up.

It's because several companies were able to get their money out of SVB before the news broke in a big way. So there was insider, it's like insider trading. It's insider information. And they were able to move money. I mean, one entity or one individual, we don't know,

moved $1.5 billion. They initiated a withdrawal order on Thursday night. The money came out Friday morning. And we don't know the identity, although we do now know today that two Israeli banks moved a billion dollars. Right. And we're getting it. That's later in this article. So giving an example, people that had a heads up at least on Thursday. Next Vision, a maker of micro-stabilized cameras,

says it managed on Thursday to withdraw almost all of its $2.7 million held in an account in SVB. That's according to a regulatory filing to the Tel Aviv Stock Exchange. Okay, so Doc, Next Vision must be an Israeli company. They had to make a filing in Tel Aviv. That's exactly right. So they notified the government, we moved $2.7 million out of SVB. So another one, Qualitile Limited, a developer of test equipment for the semiconductor industry, said it held $16.8 million at SVB out of a total of $22.3 million

it has in and outside the U.S. In a statement to the Tel Aviv Stock Exchange, that company disclosed that it has no information regarding the amounts it will be In a statement to the Tel Aviv Stock Exchange, that company disclosed that it has no information regarding the amounts it will be able to withdraw in the future from the balance of the funds deposited in SVB and in relation to the timing when it will be possible to withdraw these funds. So it was only able to get part of its funds out. But they will get all their money. Well, now they will. But when this article was written, that was unknown. That's right. That was an unknown. But they're getting all their money now. Now listen to this next quote here. Israel's two largest banks, Bank Lumi and Bank HaPalem set up, listen, set up a situation room that has been operating around the clock to help firms transfer their

money from SVB before it was seized to accounts in Israel. That means this Situation Room was set up before Friday. So over the past few days, teams of Limutech, the high-tech banking arm of Bank Lumi, have been able to help their Israeli clients. This bank transferred about a billion dollars to Israel, the bank said. Now you know why the bank closed on Friday morning?

These two banks robbed the bank. They sucked a billion dollars out Thursday night. And that's not even counting the whale that took money out too. Because they had heads up. They had inside information. They had a situation room already set up Thursday. So who tipped off the Israeli officials? These are great questions, aren't they? Did Janet Yellen call Mr. Netanyahu and say, hey, we're going to have problems over here? Well, the word was out Wednesday and Thursday to get your money out. I mean, so

somebody tipped their hand. Now it says, meanwhile, venture capital funds hoping that a fast solution will be found in the form of a buyer that will purchase SVB. That was still when they were considering a buyer as a going concern or a, listen to this, remember this was before it was announced, or a federal bailout that will quickly get money

to affected depositors. Allen Feld, co-founder and managing partner of Israeli tech investment firm Vintage Investment Partners, called on regulators globally to allow SVB to be acquired and recapitalized so this wonderful bank, this glorious bank, can serve all of us for the next 20 years. Well, what about the taxpayers of America? Well, now, here's the argument they're making on this. No tax money is being used to bail out S&P Bank. Really? Where did it come from? The Federal Deposit Insurance Corporation charges the banks a fee that basically all the banks have to put their money in a big giant pot that they use for emergency situations. So that's the argument the feds are using.

No tax, you'll hear it on all ballots. No tax bill dollars were used. Is the FDIC a government institution? It is. And so if the money goes into the bank account of a government institution, that's public money. Well, I would look at it that way, but they would say that this is an account that was set up strictly for the banks and by the banks. So there's where the money is being pulled out of. But the money wouldn't be there if the FDIC didn't require it of the banks to put it in there.

So it's still a fee against tax. And how do the banks get the money? They charge fees to you. They nickel and dime us when we use their services. Right. Now, remember, this article was from Sunday. And so really very early Sunday for us. Now, this next article is from Reuters.

This is Mr. Smotrich here, Israeli finance minister, says immediate liquidity risk averted after SVB collapse. This is today. So he said, oh, man, we dodged a bullet on that one. Man, it really worked out really good. Well, he's a hero now back in Israel. I mean, Doc, until this weekend, this guy's political career was on the ropes. This is a guy that called for the burning down of Palestinian cities. Right. And can you imagine if half the tech companies in Israel, or maybe 90% of the tech companies in Israel, had no money? Suddenly, the finance minister is going to be the guy that's going to fall on the knife. But the tech companies are run by lefties.

Yes. And the lefties were against him politically in Israel. Right. But now they owe him. Yes. They owe him. They owe him big time. Because he was in New York City making phone calls meeting with

banksters and helped arrange the bailout of the Israeli tech companies so he's going to go back to Israel this week as a hero that's right so Israelis Israel's finance ministry said on Tuesday that a panel formed to assess the fallout from the collapse of Silicon Valley Bank determined that the immediate liquidity risk has been averted. The ministry in a statement cited a decision by U.S. authorities to back accounts, even those uninsured, at the bank, which has been an important lender for Israeli tech companies. This is unheard of in the history of America. Why have the FDIC?

Yeah, I mean, they're basically bailed out all the companies in Israel. Okay, so the bank that I bank at privately, in my personal account, so officially we're insured to $250,000. I don't have $250,000 in the bank. What if I did? You're insured to $250,000. I don't have $250,000 in the bank. What if I did? You're insured to that. So if they went under, let's say I had a million dollars there. The FDIC would say, sorry, Rick, we're going to give you $250,000.

You lose $750,000. But you have an understanding of that. But you're just an American. You're just an American. You're just an American. You get the peanuts. That's all you get. But the Israelis, they get it all. They go crying to Yellen.

We've got hundreds of millions of dollars in that bank account. You can't give us $250,000. And she says, you're right. I'm the treasury secretary and I'm a Zionist too. That's right. And I'm going to decree that you get all that money. And that's basically what they did. So as we said, another bank robbery, it is, but is this banks robbing banks? So in a meeting with Citibank execs on Tuesday, Israel's finance minister, Bezalel Smoltrich, discussed the impact of SVB and signature bank collapses, among other economic issues,

according to a statement released by the minister's office. Israel's economy is strong and relatively easy to manage in times of crisis. That's today. Sure it is. When you easy to manage in times of crisis. That's today. Sure it is. When you got the Americans to bail you out. Hey, we're paying, we're subsidizing the pensions in Ukraine. Why not bail out Israeli corporations? Why not pay the pensions in Israel too?

We probably are. I just don't know it. But also I came across another story that shocked me. I knew that there were a lot of tech companies that were tied in with Silicon Valley Bank. But Rick, you're going to be shocked at the number of companies across Israel that were tied into Silicon Valley Bank. This is from CNBC Middle East financial expert, Middle East financial expert, John Medved, making the claim that over half,

half of all Israeli companies. Even non-tech companies. Even non-tech companies were involved with Silicon Valley Bank. So Silicon Valley Bank was, it truly was the bank to go to if you were... The offshore bank of Israel. Yeah, that's it. That's what it was, the offshore bank of Israel. So there was a lot of Zionist money running through that bank. Yes. Here's John Medved with

his numbers. So how bad is this SBB collapse for the Israeli tech sector and for Al-Qaed specifically? It really depends on which day you were asking that question, Hadley. If we were speaking on Friday or Saturday, it was really bad. It was an absolutely wild weekend. Companies were afraid that they could not make payroll, that their money was trapped. Remember that probably over 50 percent, well over 50 percent of Israeli companies had relations with the bank in one way or another. Everybody headed to the exits as much as they could. They're a part of that 42 billion attempted withdrawal on Thursday. But today, you know, after the wildness of the weekend, I think there's a collective sigh of relief with a lot of appreciation to the federal government who seem to be really standing up to

backstop this critical institution in Silicon Valley and as a vote of confidence in the overall startup community. So I think we're through the worst of it, we hope. We're sure we are. So of the $42 billion that SVB had, or supposed to have, how much of it was from Israel? We don't know. We don't know the number, but we do know it was a vast amount.

Right. Because not all the money could get out. $42 billion was what got out Thursday. Is that what he's saying? Yes. $42 billion got out on Thursday? Yes. So the Israelis took it down.

Yeah. Two Israeli banks took down an American bank. That's a shocking claim, but the evidence is right out in front of us. I thought he was saying that the $42 billion was representative of the amount of money that the bank had in deposits. No, the amount of money that the bank had in deposits? No, the amount of money it had in deposits

was about $139 billion. It has $160 billion in assets, but $139 billion of that was in deposits. And so $42 billion got out on Friday. I mean, Thursday. We don't know how much got out on Friday. Well, the bonuses got out on Friday. And the bonuses were Signature Valley Bank.

Which is another outrageous crime, that the bank executives paid themselves bonuses on Friday morning, knowing that the bank was going to lock its doors within minutes. Right. Those guys ought to be in prison. I agree. Another article I found, and this article was actually published very early, Monday morning before the news was getting out there that we were doing the bailout of the bank. SVB Collab blocks Israel tech sector capital pipeline. Quote is, most of the Israeli companies

that have liquid current accounts were able to withdraw their money from the bank. From Thursday afternoon, foreign and Israeli venture capital funds sent messages to their entrepreneurs to hurry up and withdraw their money from the bank. Some reported difficulties and delays in withdrawing funds, which continued until Sunday. On Friday evening, 6.40 California time, access to the bank was closed and the possibility of transferring capital to other accounts was blocked. But this is the quote I wanted everyone to see. Insured accounts, only 3% of the accounts in the bank, and we were told 90% in the Greenfield quote, only 3% of the accounts in the bank will automatically receive $250,000 on Monday. Now, once again, this was before the bailout announcement. Now, the reason why I want

everyone to see that is this bank was basically the Bank of Israel. So why didn't the FDIC or the Fed step in on Wednesday and block the Israelis from sucking the money out on Thursday and Friday? Why didn't they do it? And why didn't regulators close down the bank earlier in the week? That's what I'm saying. Why didn't they just halt it and just say, no, there's no more money being removed. Everybody cool it, just wait. But they allowed the Israelis to pull the money out. Right.

And somehow the word was out among the Israeli tech companies, but who else? I guarantee you they got the word first. They got the word first because the majority of. They got the word first. Because the majority of the capital in the bank was from Israeli companies. So who tipped them off? You have to assume that someone at the FDIC or someone in the government or Janet Yellen herself maybe.

You can't prove it. The only thing you can do is speculate at this point. But somehow they got the word, and they got their money out. In the next couple of minutes here, I don't think we're going to get through this entire list. We want to show you who some of the board members were. Now, this is SVB's board of directors, and it's just a board of lefties that donated to Clinton and Obama. Few of them had any banking experience. They ran the bank in the ground. And so this is from the New York Post.

It says, one is a Hillary Clinton mega-donor who went to a Shinto shrine to pray after Donald Trump won the White House. Another worked for President Barack Obama before her own political career failed. A third is a prolific contributor to Democrats, including Nancy Pelosi, who owns a Napa Valley vineyard just 15 minutes from the former House Speaker's home. And there's even an improv performer. This is the board of directors of the bank that went under. Right. Any bankers there? Well, the 12 directors who were supposed to oversee the

fallen Silicon Valley bank and prevent the catastrophic errors that threw the entire banking system into jeopardy on Friday might not be household names, but they are facing a series of investigations into their collective role in its collapse. No, they're not. No, you're right. No, they're not. That's all baloney. Democrats don't get investigated. That is baloney. They're not going to investigate anybody. So it goes on to say the group's lack of banking expertise is likely to be the focus for investigators. Just one current member, King, has had a career at the top of the investment banking world. What is clear is that the bank

and much of the board burnished their Democratic credentials as a part of their strategy. So it was an Israeli bank dominated by Israelis and the board of directors in America woke Democrats. Woke Democrats.

Woke Democrats. Yes. So they donated to the likes of Obamactors in America woke Democrats. Woke Democrats. Woke Democrats. Yes. So they donated to the likes of Obama, Clinton, and President Biden, and to local Democratic congressional reps, including Nancy Pelosi, as well as political action committees for Chuck Schumer, Mark Warner, and who also just happens to be a longtime member of the powerful Senate Banking Committee. Such contributions went hand in hand with the bank's business model. Everyone knew it was the go-to bank for woke CEOs, one source told the New York Post.

They knew they were aligned politically. The company's SVBs loaned money to all had a woke agenda. So that was apparently part of the qualification process there. Let's jump down because there's a lot in this article of all the board members that we could talk another 10 minutes about. None of them were qualified to be on a bank board. Right. They got the position because they donated money to the Democrats. Right. Or they were high profile Democrats on the two. So we get down, the next one is number 36,

New York Times, risky bet on crypto and a run on deposits, tank signature bank. This is the cover story. They're putting out the cover stories. The banks had risky bets on cryptocurrency. Sure they did. You know, but these are just cover stories that the media is putting out to divert attention away from the woke agenda of the banks. We told you yesterday, Signature Bank, one of its board members is Barney Frank, who co-wrote the bank reform law of 2008.

And he's on the bank. On the bank's board. On the bank board. Board of directors. And the bank... Collapsed. Collapsed. Now, the Jewish Telegraph Agency, of course, is touting that Signature Bank was founded by Jewish donor Scott Shea.

But that bank has been shuttered. So, I guess. Well, now this is the second Jewish-influenced bank that has gone under. That's right. So following the failure of Silicon Valley Bank, federal regulators have shut down Signature Bank, whose chairman Scott Shea is a major donor to Jewish causes. The New York-based bank was closed on Sunday, two days after Silicon Valley Bank, stoking panic in the markets and assurances from President Joe Biden on Monday that the banking system was safe. Both Signature Bank and Silicon Valley Bank shut down because of depositor runs on their holdings. Now, in Signature's case, the run was triggered by concerns that the bank was just one of a handful

that welcomed deposits in cryptocurrency, a market that crashed over the course of 2022 because of Sam Bankman Freed, who also happens to be Jewish too. Signature specialized in deposits from realtors and lawyers. It drew scrutiny from regulators in 2018 for its relationship with people in the circle of then-President Donald Trump,

including his Jewish son-in-law and senior advisor Jared Kushner. Of course, they can say Jewish son-in-law. We can't. This is a Jewish telegraph agency. I get in trouble for reading Jewish publications, for quoting them, and just say, well, this is what they're saying. So Kushner had his paws in this bank too. That's right.

So did Donald Trump. And in the startup of the bank, you're going to hear the name of a bank we talked about earlier in the Godcast. Shea co-founded Signature Bank in 99 with Joseph DiPaolo and received the bank in one of Israel's major banks, Bank Hapoalem.

That's the bank we talked about earlier here. They set up the emergency situation room to move the money from Silicon Valley Bank to Israel over the weekend. We're going to take a break. For those of you on the Word Network, we've got a lot more to talk about, including the crime family run by the Biden family and a lot of new information coming out about their association with communist China. You can watch the second half over at truenews.com or on the True News app. A lot of powerful, explosive information has come out showing that our country is run by criminal cabals. It literally has been taken over by crime syndicates and it is we are in a mess as a

nation we're going to take the break we'll be back in just a few seconds all right now we're going to show you, let's see, three videos produced by Signature Bank. No, Signature Bank is the bank we were just talking about that the federal government has shut down. Started by Scott Shea, major donor to Jewish causes. The one that Barney, not Bernie, but Barney Frank is on the board of directors. So they were eyeballed deep into wokeness. Yes. And when you see these three videos, you cringe.

I can't imagine being an employee at that bank and being told you have to appear in one of these videos. But this will give you an idea what they were wasting their time and money on. Instead of managing the bank for the benefit of depositors and investors, they were making stupid, idiotic videos to promote the woke agenda. And the woke agenda includes the gay green agenda, the we hate whites agenda. I mean, it's that whole thing that's packaged together here. All right. Well,

let's hear, here's video number one. Ruthless. So many useless meetings. Some banks will sell their souls. Some banks just feel real old. I wish they were and so. But I still wake up, I still have the dream.

Oh Lord, I still know what I stand for. I stand for honesty, I stand for integrity. Most days, it's so hard to be here This isn't what you're sitting to chill Since 2001 we're sure No, we're gonna get much more done Here we help each other win Our whole team can't you see I can work hard for us as well

We really like all kinds of styles This can't be right, can't be right I wanna help my clients not be a blight Stop my bones from wandering Just how I, how I, how can I How can I, how can I Do my best Come join the bank of us We will do the rest I'd like to know what they had to do with running a bank.

Nothing. And that's why they with running a bank. Nothing. And that's why they're broke. That's right. Go woke, go broke. All right, so I have another one here for you. They get cringier as we go along, so hang on. Look, the only way we're going to do this thing is if we start a bank from scratch. From scratch? You've got to be kidding. How in the world do you do that? to do this thing is if we start a bank from scratch.

From scratch? You gotta be kidding. How in the world do you do that? Is there a book, How to Build a Bank for Dummies? All we have to do is apply to 19 federal and state banking agencies. Wouldn't it be easier just to go out and buy a bank? We looked at that, but the prices are too expensive and we'd be stuck with all their legacy issues.

So we have to make our own mistakes. But then we'd have nobody to blame but ourselves. We'd have nobody to blame but ourselves! Well, that is the stupidest thing that I have ever heard. We're sick of the stank of the big major banks, social stock one. It's absurd. What a terrible proposition.

Like convincing the world to eat kale! What possible fate will become of our bank other than to diminish and fail? I happen to know for a fact that won't happen. Seriously? Why not? Because... We'll start Signature. Yeah, Signature. A bank as beneficial as a Signature.

We'll start off small, but soon we'll sprawl. We'll build a bank that's built to last and to withdraw. Bare bones. Safe loans. And amazing employees. You have to attest to a place to invest like Signature I don't know

Would teams really come out to a bank like that? We would! Let's say you have a client to impress But your bank's pushing something that's stale Why not move to a place that embraces ideas and lets them prevail? You can stay with the mega bank where the policies come from above Or you can be part of the policies where banking's the labor of love. You could have crummy systems with all of that drama and pain.

Jock, why has reality turned into a freak show? Why? It's a freak show. The crazy people are running the country. Crazy people. Yes. Crazy, insane people are running the country. It's like they all escaped from the sanatorium and ran for public office.

We have shut down all the asylums and so maybe that's part of the problem right now. Insane people have seized control of the country. This is weird. I mean, look at what we're looking at. And this is a major bank why the bank went under. Because it was mismanaged. It was mismanaged because it was woke. Wokeism is destroying the country. We're collapsing under wokeism. And people are just,

we're the boiling frog. Yes. We are the boiling frog. By the way, I'm starting a blog very soon called Frog Broth. It might start it next week. I might do the first one next week. Frog Broth.

All right, so you know about the frog boiling in the pot of water, you know? He's there in the water. He's happy. The water's cool. Just sitting in the pot of water. The cook turns up the heat. A few minutes later,

the frog is starting to wipe some sweat off his brow, saying, man, the room's getting hotter, you know? Doesn't take any action doesn't do anything right all right a few minutes later he's really sweating he's really something's wrong but he doesn't take action because he's convinced if he waits long enough it's going to go back to normal so he takes no action eventually the frog boils to death. So when you boil a frog, what do you have? You have frog broth. So that's the name of my blog that I'm starting next week, and I'll tell you more about it. But we are boiling away in the pot, and the American people are just hoping

that if they wait long enough, somehow it's going to go back to normal. But while we're waiting, the crazy people are destroying the country. This is the new normal now. The new normal is abnormal. Right. Think about that.

Abnormal is now normal. Do you want to go even cringier on videos, or should we go on with the news, Rick? Let's do one more. All right, so this is another signature bank. Obviously, they have plenty of time to make videos and do Broadway performances and everything, but not run a bank. So let's watch one more here. Do you sometimes feel

Like an office slave Counting minutes still Till the end of day Do you sometimes feel like an office slave Counting minutes still till the end of day Do you ever feel like your task is bad Cause your clients call sounding really mad Do you ever feel like you're buried deep And your management just doesn't hear you scream Everything will change when you hear the news There is hope for you

You just gotta ignite the light And let it shine Just walk on in And join your kind Cause now you've come to signature so your clients want your word make them go oh oh oh liars just won't let go you know the bank spent money they They paid someone to write the songs. They paid somebody to produce the songs,

which means they had to have a professional recording studio. They produced someone to film the videos, to edit. They spent a lot of money on these idiot videos. Took time out of people's productivity and workday. They probably had shut down floors of a bank to get these videos done. And they didn't do it in one take. Right.

In the meantime, nobody was running to bank. That's right. But they had crazy videos, didn't they? And so what's the outcome of this? Well, this is the headline today on CNBC. This one's scary, folks. This ought to keep you up tonight. Moody's cuts Outlook on U.S. banking system to negative.

This has happened this afternoon. Right. Citing rapidly deteriorating operating environment. We'll make a video. If it's rapidly deteriorating, environment. We'll make a video. If it's rapidly deteriorating, just make another video. This is really bad news, folks. See, the people over at Moody's,

they're like a bunch of dry bean counters. You know, they don't make videos. They don't make videos. They just do ratings. And guess what? They've rated the U.S. banking system. Not a couple banks. The whole stinking banking system in America today was downgraded to negative because of rapidly deteriorating conditions. So in a harsh blow to an already reeling sector, Moody's Investor Services has cut its view on the entire banking system to negative from stable. We have changed

from negative to negative from stable. Our outlook on the U.S. banking system to reflect the rapid deterioration in the operating environment following deposit runs at Silicon Valley, Silvergate, and Signature Banks, and the failures of SVB and Signature Bank New York, Moody's said. Now, this move followed action late Monday when Moody's warned it either was downgrading or placing on review for downgrade seven individual institutions. Now, in its downgrade of the entire sector, the rating agency noted the extraordinary actions taken to shore up impact banks, but it said other institutions with unrealized losses or uninsured depositors could still be at risk. And so this is Moody's way of saying

it's going to get worse. You think this was bad? Wait until the real impact hits later this week or next week. It could even be months later before the real impact hits because they just bailed out a bank here and the government said, we're not going to bail out anymore.

We're not going to do anymore. Unless there are Israeli funds there. Right. I had a list. I didn't bring it here with me. The seven banks that they put on the watch list.

I know Comerica in Dallas was one of them. There's one in Salt Lake City. One in San Francisco. One in Wichita. But anyhow, there's seven banks. These are large regional banks that have been put on the watch list,

watching for signs of collapse. But what's serious is, you got it? Yeah, so First Republic, Inter interest financial, UMB, wow. Zion Bank Corp, Western Alliance, and Comerica. There you go. Yeah, so this is significant. If a foreign government had downgraded our banking system to negative, we'd be up in arms, wouldn't we?

If the European Central Bank said, hey, we're going to downgrade the U.S. banking system to negative, we would be up in arms. We'd be saying, well, you can't do that. But when your own domestic rating service does that. What's the European rating service is going to do tomorrow? I mean, the whole world's reading this report. The whole world is going to read this report that Moody's put out today. American banking system is in trouble, rapidly deteriorating operating system conditions.

I have never in my lifetime seen anything that says rapidly deteriorating in the same sentence as the entire banking system. Right, because by saying rapidly deteriorating means it's bad now and it's going to get a lot worse. And it went from stable to negative. So if you're not stable, you're now unstable. And every single person should be very concerned right now about the condition of our our banking system and it all started with this israeli run on svb the shekel shuffle they pulled

it off they robbed the bank they got their money out they took care of themselves and america you're on your own now we got our money back to Israel. And if you guys collapse, that's your problem. We got our money. And if America goes down, hey, we got China. We can become a partner with China. While we're talking about China, let's talk about Biden. A lot of stuff out today about the Biden crime syndicate. New York Post, Treasury gives House GOP access to Biden family suspicious activity reports. Now, notice it's saying the

Biden family. It's not just focusing on Hunter Biden now. No, this is the whole Biden family. They got SARs from banks where the Bidens were moving money. So the Treasury Department has agreed to let House Oversight Committee members review suspicious activity reports pertaining to President Biden's family. Panel Chairman James Comer announced Tuesday, said the record submitted by banks to the U.S. government may contain new bombshells on the first family's murky foreign income and the millions reaped by first son Hunter Biden and first brother James Biden in countries where their powerful relative held sway. It says after two months of dragging their feet, the Treasury Department is finally providing us with access to the suspicious activity reports for the Biden family and their associates business transactions. Mr. Comer said.

All right, Doc. This pause right here. All right. So what do we have? If the Treasury Department is transferring to the House Investigative Committee. Suspicious activity reports. That is a statement right there. Yes. That there have been suspicious activity reports generated by banks, not just on Hunter Biden, but multiple members of the Biden family. again which means that more than one bank has been wondering what are the biden's doing with

this money right and it means that the u.s government has been in possession of these sars and again the irs the justice department the fbi all the agencies did nothing for years. They knew criminal activity was taking place by the Bidens, and they did nothing. But you, Doc. I know. You just withdraw $10,000 from your bank account cash. And my bank is going to tell the feds on me.

They're going to tell the feds. You let some little grocery store owner that deals a lot in cash because his customers prefer cash over credit cards, and let him make daily cash deposits in his bank, and the IRS will come and seize his bank account. Right, because he deals in cash. But the Bidens deal in Chinese cash and nothing happens.

What's wrong with this system? The crooks run the system. We've always had crooks. But we used to have law-abiding men and women that prosecuted crooks. Kept the crooks in check. But now the crooks, but we used to have law-abiding men and women that prosecuted crooks. Kept the crooks in check. But now the crooks wear the badges.

Right. And the people who get arrested are the people who say that the crooks are wearing the badges. They now have the power of law enforcement to come after the honest people. This is really serious. But the fact is, SARs are being transferred to the House committee that's investigating the Bidens. Now, the Treasury Department is putting restrictions on them.

They're only allowing them to do them in camera, not on camera, but in camera, which means they can only review them privately. So they changed the rules. Yeah, the Biden administration changed the rules. For 20 years, it's been the other way around where you can do it publicly. So we're going to put the SARs in a room.

There won't be any lights on, and you'll wear a blindfold, but you can go in and read them. You've got it. Now, how much information are we talking about how many years of suspicious activity reports one two five no uh representative comer is subpoenaing subpoenaing 14 years of bank records in the hunter biden probe this is 14 years so this is covering a lot of activity that means that there have been s reported. 14 years. So this is covering a lot of activity.

That means that there have been SARs back 14 years. And we don't know how far back they're counting. Where does the... Yes. Where does the... Does the 14 years start at 2018 and go back or 2016? How far back are we talking about? It's definitely not starting from today,

even if it did. I mean, we'd still be stretching back into either Mr. Biden's term as vice president or his time as a U.S. senator. Well, Congressman Comer made two appearances on Fox News, one last night with Sean Hannity and another one today in midday. And he gave some more light about these investigations. We're going to start with his appearance last night on Sean Hannity's program. All right. Joining us now with reaction is House Oversight Committee Chairman James Comer. I want to start with the subpoenas that you've sent out. There's been a lot of stonewalling of your committee and a lot of stonewalling of Jim Jordan's committee. These subpoenas are critical for you to get to the truth in all of this. What are your plans if they defy your subpoena?

Well, luckily for me, they complied with my subpoena. Two weeks ago, Sean, I subpoenaed a bank for records for three different former Hunter Biden business associates. One of those associates in particular was Rob Walker. We got his account. around two months after Joe Biden left the office of vice president, received a $3 million wire from two individuals directly associated with the Chinese Communist Party. The very next day after that wire was received, the Walker account started transferring money into three different Biden family members' accounts, including a new Biden family member that's never before been identified as someone being involved in the influence peddling scheme. So this is very serious information that we've received, very troubling information.

It does show a pattern that the Biden family was receiving money directly from China. And the question I have, Sean, is what were they doing in return for that money? Now, this is just one account. There are many more accounts and many more associates. But fortunately for us, we've had people, whistleblowers that have been coming in. We knew pretty much which account to investigate. Fortunately, the bank did comply with our subpoena. So last night, he's mentioning Rob Walker. And right now, trending on Twitter is,

who is Rob Walker? So he's been named as a Biden family representative. I don't know. I've never heard this before. I tried to find out today. I've had people call me and ask, who's Rob Walker? I don't know. There's a recording of Rob Walker talking to Tony Bobulinski. Tony Bobulinski is saying, hey, I'm going to have to tell people about our situation. And Rob Walker says, hey, you're going to bury us all, man. And so he's a key figure in all this. Now, Representative Comer went into a little bit more detail on Fox today, talking about this, how this transfer of money between China and the Biden crime syndicate happened.

Rob Walker is a key to all this. Let's watch. All right. Meanwhile, the Republican led House Oversight Committee expanding its investigation into Hunter Biden, newly subpoenaed financial records, stacks of documents dating back 14 years are now under review. The chairman of the House Oversight Committee, James Comer out of Kentucky, is with me now. Sir, good morning to you. Thank you for your time and for being here today. I want to try and clear up a few matters. You were on with Sean last night, OK? So you have received through Bank of America thousands of these records that go back 14 years. One of them includes an associate by the name of Rob Walker. And you said last night that two months after Joe Biden left the office of the vice president. So that's January, February, March of

2017, I'm guessing. Around that time, he received a $3 million wire from two people directly associated with the CCP in Beijing. What is that all about, sir? You made the claim. What did you discover? Well, we discovered that they got a $3 million wire two months after Joe Biden left office. And then the very next day from that account, that Walker account that appears to be a pass-through account, then they started wiring money to Biden family members, plural. And there were three different Biden family members that received a cut from that $3 million, including a new Biden family member that's never before been included in any of these investigations. So our question is, what exactly did they do to receive that money? What was the purpose of that $3 million wire?

Now, that's just the first wire that we've actually been able to obtain bank records on. There are many, many more. Okay, we're having a little conversation here. Yes. Could you just give us a moment? We're talking about who Rob Walker is. Rob Walker is being named as a Biden family representative. Just so happens, Steve Cortez is reporting that Betsy Walker works for Jill Biden. Who's Betsy Walker? Betsy Walker is an assistant to Jill Biden. To Jill Biden? Yeah, Dr. Jill Biden, the teacher who goes to work every day. But where does she teach? That's a great question. I don't know where she teaches at. But as we go along in our

conversation with Representative Comer, he mentions a new, he did hear, a third Biden family member that's involved in this. You think it's Jill Biden? It very well could be. No wonder she wants Joe to run again. So now Representative Comer also went on to say that basically the Biden family business is influence peddling. So we'll set this up and then we'll talk about that mysterious third Biden family member. Media says, well, this is a Hunter Biden investigation. This is an investigation of Joe Biden. And we're investigating the Biden family. And again, after this new batch of information, it expands.

There are more family members involved in this than just the president's son. And what they've said in the media, oh, this was for business. We can't identify any business. It appears it went into their personal account. So if China is investing with the Bidens in a business, we can't find any business. They don't manufacture anything. They don't manufacture anything. They don't sell anything. They don't own any real estate.

We don't know what the business is. My theory is it's influence peddling. And if so, then that's wrong. That's what we call a foreign agent. There are rules with who could be foreign agents, and you have to be registered to be foreign agent. So the question is, what were the Bidens doing to receive these massive amounts of money from China?

Now, we have the first wire, and we've traced it from China to the Biden family members. We have many more to obtain. You know, he's talking about foreign agent registration, everything like that. Why don't we just call these cats what they are? And it's thieves. I mean...

No, it's worse than that. They're foreign agents. They're traitors. Right. They're traitors. They're working for the China Communist Party. Give me an example, okay? If you wanted to rot a country from within,

you would put somebody in power that would promote the most outrageous policies that would cause the country to collapse, like wokeism, transgenderism, forgiving trillions of dollars of debt. Just name the Obama-Biden agenda, and it's eroding the country. It is a communist strategy to apply so much pressure to a country that it collapses. It's a clower-piven strategy.

Yes. Deliberately apply pressure until it breaks. That's what Biden is doing. You know, he looks like Bumbling Joe, but he's not bumbling. But the real man behind the scenes is Obama, okay? I'll give you an example about the war. So Biden is sending all this money. Over $42 billion has been sent to Ukraine. We're paying Ukrainian pensions. We're doing all kinds of stuff in Ukraine. We don't have the money. We're borrowing money.

We have to raise the debt ceiling. We don't have the money. Our banks are going under. But we've got $42 billion for Ukraine. Who's the real winner in the Ukraine war? It's China. Really. China is the winner. Russia and China really are not close friends. Russia does not trust China, but Russia has a border with China. Russia is afraid of China. They're always looking over their shoulder at China.

It's an enemy they try to stay friends with. China has pitted Russia against the United States and bringing, they brought down Europe, they brought down the United States, and they're bringing down Russia. Three major power centers have been weakened in the past year through this war. We've depleted our resources. We have depleted our military supplies, our ammo, our weapons.

And we can't build factories fast enough to replenish the supplies. Russia has done the same thing. Russia has lost only God knows how many men in the war, how much money they've spent. Who's winning? China. Now, as we learned yesterday,

Xi Jinping is becoming the great peacemaker. He just brought Iran and Saudi Arabia together last week. And now he's going to see Zelensky. If he brings together Zelensky and Putin and ends the war. Xi Jinping is now the great leader of the world. But Biden was his puppet. Beijing Biden has already had his payday. Yes.

Beijing Biden was paid to weaken America. These people are traitors. They know what they're doing and they're betraying the country. But the problem, Doc, is law enforcement in this country, on a federal level, the FBI, the Justice Department, has been bought off also. The judges are bought off. The prosecutors are bought off.

The news media is bought off. China is buying the country. Right. And now there's a new player in the Biden family. Representative Comer hinted at a new individual of the Biden family that could potentially be under investigation in all this world. So we've got Joe Biden, Hunter Biden, and James Biden. Right. But now there's a mystery Biden.

Right. So let's watch Representative Comer here first and notice his reluctance to say the name of the other Biden. Watch this. You said another name popped up. Whose name is that? Are they a relative directly tied to the family?

Well, they're a Biden. I'm not going to disclose that new name because that really changes things, because what we assumed was this was just about the president's son and two brothers. But now there's a new name that's emerged. So they are abiding. So we've got a problem here with respect to trying to determine what exactly this family was doing to receive these transactions from China. And I think every American should be concerned about that.

This is an issue of national security. National security. Right. An issue of national security. The president and his family are owned by communist China. That is an issue of national security. So it raises the question, who is this other Biden? Now, there's only a certain number of Bidens you can deal with. One thought I had is maybe at some point in all this transaction, they had information on Beau Biden before he passed away, that he was involved in this whole thing.

It sounded like a family business to me. But he's been dead for years. I know. And if Comer says that, you know that Joe Biden's going to go crazy nuts about tarnishing the image of his son. So that one leaves one more Biden. Joe? Joe Biden.

Now, it just so happens, and this is a weird coincidence, Sean Davis at The Federalist is saying this, that Rob Walker's wife, Betsy Massey Walker, has been Joe Biden's personal White House assistant for years. So there's a direct connection between the family representative, Rob Walker, whoever he is. His wife has been working for Joe Biden for years. We don't know if that's the same Rob Walker that they're looking at. We don't know, but it would be

a pretty weird, queer coincidence there. But there is another Biden in play in all this. Suffice it to say, the Bidens have been in the influence peddling business since they walked out of Delaware.

You know, so it's been a family business. Everybody's involved. Honestly, I'm just, I never thought that Joe Biden was smart enough to be this crooked. And I've said this because, you know because I grew up in Maryland. Joe Biden was a U.S. Senator when I was young in Maryland. Biden's name has been there forever. He was a congressman, then he elected to the Senate at age 29, turned 30 just in time to be sworn in. So Delaware is just, you know, neighboring Maryland. So, you know, I remember Joe Biden when he was bald. He used to be bald. I mean, there's nothing wrong with that,

but I remember Joe Biden. He's been around a long time. I always saw him as a bumbling buffoon. I never envisioned he was smart enough to run an international crime syndicate for decades. And what we're discovering now is he has moved millions of dollars. He has betrayed this country for a long time.

And maybe his day will come. I seriously doubt it. He'll resign and go away, but there won't be anything done. He's not going to be arrested. That's not going to happen. Two more stories before we wrap it up here. This is number 68 from CNN. Russian fighter jet forces down U.S. drone over Black Sea. What a story this is. The Russian jets basically toyed with this drone for about half an hour. And apparently they did several things. They dumped fuel on it several times, flying over it, dumping fuel on it. So they were urinating on the drone. Yeah.

They were shaming the drone. And finally, they clipped the propeller and forced the drone down and everything. And so I don't know what this, you know, CNN doesn't seem to take this very seriously. But for me, this is a big deal. This is a big deal because it's a signal from Russia.

You know, they're not going to shoot the drone down directly. Because if they did, that would be an international incident. But they forced the drone down in a show of, and they, you know, urinated on it, forced the drone down. They were shaming the U.S. They were basically saying the Black Sea is our pond. This is where we fly. And from now on, we're going to take down every Reaper drone that we see one way or another. We're going to take them down. So something changed today. Yes. I really think something changed today. The Russians said, we're done with this. We're tired of it.

The two big players in the Black Sea are Russia and Turkey. Yes. Although there are other countries that border the Black Sea. Romania. Is Romania one of them? Georgia? I think you're correct. But there are four or five countries that border the Black Sea, but Russia and Turkey are the two big ones. Russia said today, we're running things here. Yes. Now, the U.S. responded by saying the drone was in international waters. It wasn't causing any problems. The Russians that were flying haphazardly, they did everything else. There's no way the U.S. is going to admit that this was basically Russia shaming the U.S. today. I mean, really just shaming us. Well, the other story I want everyone to see before we turn out the lights,

this came out late this afternoon, Interfax News in Russia. Putin speaks about the discovery of an antenna near the site of the explosion of the Nord Stream pipelines. So in the Interfax article, it says, Some time ago, since the explosion took place in the Danish Exclusive Economic Zone, Gazprom received permission from the Danish authorities to investigate the explosion site. But Gazprom did not limit itself to studying the explosion site itself, but a vessel rented by Gazprom went further and at a distance of about 30 kilometers from the explosion

site. Now it says there a column was found which stood at the same place where the explosion occurred. And what kind of places are these? Are the most vulnerable places in the gas pipeline. This is a pipe junction. And there a column was found. And Mr. Putin said this in an interview with the author of the program Moscow Kremlin Putin, which airs on Russian TV channel Russia 24. And Mr. Putin went on to say, specialists believe that this could be an antenna for receiving a signal to activate an explosive device

that can be embedded in this pipeline system, he said. Well, that's a much more believable story than the West was trying to push last week. And the yacht. A bunch of rogue Ukrainians rented a yacht, blew up a pipeline and 60 meters of water. And then returned the yacht. And got their deposit.

Had to turn in the tanks, scuba tanks and everything. This is a crazy news day, isn't it? This is wild today. This is a really wild one. Once in a while there are days that there's nothing to talk about here. And then there are other days like this that we can barely keep up with what's happening. It's coming out so fast. Look, things are changing rapidly do not do not take for granted that tomorrow is going to be

the same as today use wisdom survey the landscape look at what's happening. The bank system is deteriorating. The political system is deteriorating. War is on the horizon. And you need to take proactive steps, spiritually and physically. Do what's necessary. Get your supplies bolstered while you can. Do all you can while the sun is still shining. That's a biblical principle. Do what you can while the sun is still shining because the lights could go out very quickly, as shaky as things are. Hopefully the lights will be on tomorrow and Doc and I will be here and give you another dose of this insanity that's taking place in the United States of America and around the world. We love you very much. Very, very grateful for all of you who pray for us and support us financially.

Can't tell you how much it means to us. Just to give you an idea, tomorrow we're installing an air conditioning system in our control room. It's warm here in Florida. It's not even hot yet. Yeah, it's not hot yet, but it's already warm. In March, it's already warm. And the AC in the control room, just the control room went out. And the replacement, I forget, was it $7,000 or $8,000?

Yes. Somewhere in that range, $7,000 or $8,000. We have to do that tomorrow. We've got our guys over here in the control room. They text me one day last week while we were doing this, just before the show. And it was 82 degrees in the control room while they were there running the show that we're doing. It's 82 degrees because they had no AC. We have to do it. So when I tell you that we have needs, I'm serious about it. Now, there's another, the main AC has gone out in the entire building.

It has to be replaced. When we bought the building in 2000, late 2016, sometime we moved in, sometime in 2017. Right at the beginning of the year, yes. Yeah. We started having AC problems.

We brought a company in. They said, well, the first company said, you got to replace it. It's gone. Replace it. The second company gave us hope. The first two companies quoted us like $80,000 replacement for the

main unit, HVAC system. This is a 12,000 square foot building. The quote was around $80,000 square foot building and the quote was around 80,000 one of our employees his father works in the commercial building industry and he recommended a company to us down in West Palm Beach they came up and they refurbished the system, and they said, we think you'll get five to seven years out of this. That was 2017. So we're right at the very end of that now. It's gone.

Yes. It's gone. We got that. We got it. We got exactly what they said, five to seven years, and the system's gone. And it has to be replaced. Summer is on the way. Like right now, we don't have the air conditioning system on here in the studio.

We're okay. We're not suffocating. It's not that hot here yet. But it's only March. Right. In Florida. Summer starts April 1st, basically. This room will become very hot.

And we'll be here, and Doc will be wiping sweat off his brow. And it gets really tough in here when the AC is not working. So we have a couple quotes on replacing the HVAC system for the building. Most of them are running in the high 60s, low 70s. We're going after one more bid before we take action. But folks, that's a lot of money. That's a lot of money for an HVAC system. And this is what we do here. On top of all the work that we're doing to get this information out to you, we're trying to figure out how to keep the building going. Just keep the maintenance on the facility. And anybody who's ever owned a large building, you know there's always maintenance.

There's always something that has to be fixed. So when I tell you that we have needs, I'm real serious about it. I don't come to you every single day and cry and boo-hoo and plead and say, I'm going to quit. We're going to off the air. I'm not going to do that. I'm just not going to do it. We'll suck it up. Look, I did this program when I was on radio.

I did it for a year out of a horse barn. Right. A horse barn. With a window AC that you had to shut off while you recorded. Yes. And it was really hot. It was extremely hot. I had a veterinarian office in a horse barn. And that's how we did True News for one year.

We do what we have to do. I'm not in this for myself. I'm in it because God called me and told me to do this, and I'm not going to quit. And he takes care of us. So those of you who want to back us and support us, yes, your donation will be used. I promise you. There is great need all the time for funds, and we're very, very grateful for every single donor who supports us. That's it. See you tomorrow. God bless you. Welcome to Morning Manor. Jesus Christ is the living bread that came down from heaven. Anybody who eats this bread will live forever.

Nourish your soul each weekday with Morning Manor. Here are your Bible teachers, Rick Wiles and Doc Burkhart. Well, this is the day which the Lord hath made. We will rejoice and be glad in it. Hello, everybody. My name is Rick Wiles, and this weekday television program, Morning Manna, is devoted to making ready a people prepared for the Lord. And that Lord is King Jesus. And he's going to return to earth someday. And the reason he's coming back is to gather his elect. And if that's you, and I know it's me, if that's you, you and I must be remnant ready.

I believe Jesus Christ has a remnant church that will triumphantly endure to the end. Now, if you haven't stuck your head outside of your house lately and looked around, let me tell you something. The world is getting weird. It's getting weirder by the days, becoming violent, strange, just more sinful and wicked as each day goes by. There's no need for me to tell you how unstable the world system is these days. And just in recent days, we've seen again that the banking system is unstable. We've known for quite some time that our political system is unstable.

And certainly our social system is unstable and is breaking. Our responsibility as Christians is to provide salt and light and love to a broken world. Our morning manna motto is shine brightly, taste salty, and love everybody. Well, I got a question for you. Have you ever attended a fish fry? Most people have gone to a local fish fry sometime in their life. Friday night fish fry dinners attract lots of hungry diners in many American communities each week. Battered or breaded fish fillets are deep fried and served with potato pancakes, coleslaw, hush puppies, and other delicious side dishes.

Well, you know, Jesus liked fish fry dinners too. He attended many fish fry meals during his days on earth. In fact, his last meal with the disciples was a fish fry breakfast on the shore of the Sea of Tiberias. The resurrected Messiah fried fish on charcoal and served the fish to seven of his disciples, including fresh bread. His last meal on earth was a fish fry. And one of his first actions when he returns will be a fish fry too. Indeed, it will be the world's biggest fish fry.

Now you can read about it in my book, Final Day, the 10 characteristics of the second coming of Jesus Christ. I talk about it in chapter seven. His second coming shall be fiery. You'll find it starting here, right here on page, excuse me, page 269. Right there, page 269. It's under the subtitle,

The World's Biggest Fish Fry. Why am I talking on a Bible study TV show about frying fish? Because today's parable is the parable of the net. Now, before we read the parable of the net, I would like Dr. Raymond Burkhart to read from the 21st chapter of the gospel of Jesus Christ. According to St. John, verses 12 through 15. This is the chapter about Jesus serving fish and bread to his disciples. So if you've got your Bibles, open to John chapter 21 and read along with me. Jesus said to them, come and eat breakfast. None of the disciples dared inquire of him, who are you, knowing that it was the Lord.

Then Jesus came and took the bread and gave it to them and the fish likewise. This is now the third time that Jesus was revealed to his disciples after he had risen from the dead. So when they had eaten their breakfast, Jesus said to Simon Peter, Simon, son of Jonah,

do you love me more than these? Doc, I just think that story is awesome. It is awesome. He's resurrected. The disciples are wondering, what are we going to do now? Peter says, I'm going to go fish. That's the one thing I know how to do. I can fish.

And the other guy said, okay, we're going with you. And they're out there in the boat. And then they notice, they notice this man on the shore and it's Jesus Christ, a resurrected Jesus. And he's made breakfast for them. He's frying fish and he's got fresh bread. Yes. Where do you, I mean, we know where the fish came from. Where did he get the bread? Did he bring it with him? Did he just speak it into existence? But he's got fresh bread and he's got... Or did he make it with his own hands?

Did he make it right there? But you know what? That was the best breakfast those guys have ever eaten in our life. You know it tasted good. We're talking about a fish fry today because at the end of the world, when Jesus Christ comes back,

the world's biggest fish fry is gonna happen and you don't wanna be in it. That's all I can say to you. You don't want to be a fish that gets fried on judgment day. Now, this is the parable of the net. We've been talking about the parables of Jesus in chapter 13 of the gospel according to St. Matthew.

We've been talking for, what, two weeks? Three, I don't know, almost three weeks now on these parables. And so we're now at the parable of the net. And I would like Doc to read the parable of the net to us. Yes. And this is found in Matthew chapter 13, starting at verse number 47. And it says, again, the kingdom of heaven is like unto a net that was cast into the sea and gathered of every kind, which when it was full, they drew to shore and sat down and gathered the good into vessels, but cast the bad away.

So shall it be at the end of the world. The angel shall come forth and sever the wicked from among the just, and shall cast them into the furnace of fire. And there shall be wailing and gnashing of teeth. So that's the parable of the net. And it's one of the few parables that Jesus gives an interpretation on. He gives it directly right after he shares the parable of the net.

So, and this is part of those parables that Jesus instructed to his disciples privately as well. This wasn't necessarily in public. And that doesn't mean that he didn't share it publicly at some point in the future, but right now Jesus is still teaching in the house with his disciples at this point. So. So doc, there's a, I see four main actions in this parable. It's focused on a net, right? The net is the main subject of this parable. There is the casting of the net out to sea. If you've ever fished with a net,

there's a creek by my house and we get a lot of local fishermen that fish right there at my home. So they're all neighbors. And a lot of the guys use nets. And I like to stand there at my home. Okay. So they're all neighbors, you know, and a lot of the guys use nets and I, I like to stand there in my yard and I like to watch the way they cast that net out into the Creek. So there's, there's a, there's a technique to casting a net. You don't want to get yourself tangled up in the net. Okay. So first, the first action in this parable is the casting out of the net.

The second thing is the net just stays in the water. It's still. The third action is the drawing in of the net. And the fourth action is the separation of the fish in the net. That's what this parable is about. It's an end of the world parable. It's a, what I call prophecy parable, because it's teaching us about the end of the ages, teaching us about the second coming of Jesus Christ. And let me just tell you, and we'll talk about this in detail later in today's program, it obliterates the false doctrine of the secret pre-tribulation rapture. It just

absolutely burns it up in the fire of the fish fry. Now, there's a lot of comparisons between this particular parable and the parable of the tares. There's a separation and both of them occur at the end of the age. Jesus explains that in both ways. When we think of this net, though, Rick, you know, around here we have a lot of local fishermen. You were talking about at the creek at your house. Of course, we live by the ocean here. And you'll see people with handheld nets. But the word that's used here for net is the word dragnet. Dragnet is, and it's only used one time in the scriptures, a drag net is not like a hand

thrown net, but rather one that's dragged out by a boat. If you've ever seen in these TV shows now, they're really popular, like the world's deadliest catch and all of them, they'll use wide trawling nets or drag nets is what they're called. They're large nets with floats on them. And so you'd have one end of the net that'd be tied into the shore, and the boat would go out into the water, take the net out and circle back to the shore, and tie off on another place later on. And then they would slowly draw the net in,

catching the fish. And they'd draw it in. And as they were drawing it in, they were separating. And so it's a much bigger picture, if you will. I mean, this was a major operation. And so on the morning that Jesus made breakfast for his disciples,

they weren't just out there with fish and poles sitting on the boat. No, they were trawling. They were drag netting again. That's right. Well, what we have here, Doc, is a picture of the last days. The last day, the very last day.

That's what this book, Final Day, this isn't a book about the last days. It's a book about the last day. Right. See, there are the last days and then there is the last days. It's a book about the last day. See, there are the last days and then there is the last day. I think I may be the only person that's written a prophecy book about the final day, what goes down when Jesus comes down. And the drawing of this net is one of those things that will happen when he comes back. So you have this net.

What is the net? I believe that the net is the gospel. I believe so too. It's the gospel. The net has been cast out. It's, as you said, this dragnet. The angels have taken it out across the world and it's there. And the gospel, let's call it the gospel net. The gospel net is in the water

and it's been in the water now for over 2000 years. It's just there. The angels haven't touched it. They haven't disturbed it. It's in the water. And over the ages, Doc, generation after generation of men and women have come and gone and they were inside the net. The net's spread out wide enough that the fish can swim around. They're not trapped.

I mean, they're not confined. They got a wide area because as you described the drag net, it's a wide area. So the fish are moving around inside the confines of that net. Some of them are aware that there's a net. Some of them have that awareness. Others have no awareness whatsoever. They're just living their lives as fish and they don't care. But others know there's some boundaries. This is only as far as you can go.

There's a net around us. The angels have not pulled in that net yet in over 2,000 years. But every generation of men and women, since the resurrection of Jesus Christ, are inside that net. Some of them have passed away. Some of them have fallen asleep. They're just fish bones, all right, that have settled down to the bottom, okay? But they're still inside the net. They've come and gone. But there are, on the day Christ comes back, there are fish that are alive,

moving around inside the sea in the confines of that net. And so the question is, what do the fish do with the gospel net? The gospel is preached to men and women to tell them these are the laws of the kingdom. These are the standards of the kingdom of God. See, because there's separation here,

separation implies that there are standards. There's discrimination. Oh, we don't like that word today, do we? Discrimination is a terrible word, dirty word today. But let me tell you, God discriminates. He doesn't see all the fish as equal. That's right.

He has a different value on the fish in the net. And there are only two races of human beings on this planet. And it's not black and white and Latino. Those aren't the races. The only races on the earth today

are saved and unsaved. That's right. That's it. The color of your skin means nothing. The discrimination is not going to be based on the color of your skin or your nationality or your language. It is going to be based on one thing.

Did you recognize Jesus Christ as the Lord and Savior? Were you baptized into his church? Did you keep his commandments? Those are the terms for the fish inside the net. And some fish get it. They hear the gospel and they understand it and they submit to the gospel. They recognize that gospel net.

They submit to it and they live their lives according to the standards of the great fisherman, Jesus Christ. The other fish don't care. They rebel or they just don't care. But there's a day coming that the great fishermen of the universe, Jesus Christ, commands the reaper angels, haul in the net. Yes. Haul it in. Billions of people who are alive right now. We got 7 billion people.

7 billion fish are in that net right now. But all the people that ever lived are in that net. And when Christ tells the reaper angels, haul in the net, that net is brought in to shore. And then the discrimination begins. The separation begins. Good fish, that's a keeper. That's trash, throw it away.

Keeper, trash. They're separating. Trash? They're going to call people trash. Yes. You go into the fire where there's going to be wailing and gnashing of teeth. I'm sorry if people don't like this, this truth about the gospel, those who reject the gospel, who reject Jesus Christ. If you continue to reject Jesus Christ and his gracious offer of salvation and the forgiveness of sins, if you continue to reject him all the way to the end of your life or when he comes back, whichever one comes first, I'm telling you, if you continue to reject him, you're going to the fish fry.

You're going to be cast into the fire and fried. And the frying doesn't stop. It's nonstop fish frying for eternity. You don't have to do it. You have a choice. I don't believe in predestination that some people are born to be saved and others are born to be lost. That is an abomination. God desires that everybody come to the knowledge of Jesus Christ. He desires to save everybody. His son paid the price that everybody would be saved.

Jesus didn't go to the cross so that only a certain group of people get saved. He went to the cross for God so loved the world. That he gave. That he gave his only begotten son. So this great fish fry, Doc, happens at this moment at the end of the world, at the second coming of Christ. The net is brought in.

This parable is activated when Christ comes through the eastern sky. When his face is seen in the eastern sky, this net is hauled in. It's not hauled in seven years beforehand. No. And that's a good point because the rapture guys that teach the secret pre-tribulation rapture, well, they won't talk about this. You'll never hear them. You know why the rapture guys don't talk about the parables? The parables contradict their rapture doctrine. Yes. Or they have to reinterpret them a different way. Yes. It is very clear. If the rapture guys are correct

and Jesus comes back seven years before the second coming, because they separate the glorious appearing of Jesus Christ, they separate it into two parts. They do not have the authority of God to do that. That was, they have no authority from heaven to do such a thing.

But what they do is they separate it, the glorious appearing of Christ. And they say, well, he comes in a secret rapture before the tribulation, grabs the good fish. The flying fish, I guess. Yeah, they turned into flying fish, but he grabs the good fish out of the net. Think this through, folks. Just think this through. If you are a rapture believer, think this through. If the pre-tribulation secret rapture is true, then what you're saying is Jesus comes secretly,

gets the net, grabs all of the good fish out of the net. Before pulling the net in. Before pulling the net in. Or he pulls it in and takes them out and puts the net back one way or the other. Then he takes the good fish to heaven for seven years. Then he comes back seven years later

and he pulls in the net and the only thing there are bad fish. Tell me where that is at in this parable. It's not. Then the pre-tribulation doctrine is a big fat lie. Because Jesus says this happens at the end of time. The separation between the just and the wicked occurs at this particular time.

Well, what does Jesus know about the end of the world? He's the author of the world. The author of creation. It just amazes me that these Bible prophecy teachers contradict Jesus. They dare to contradict him. They dare to tell people Jesus doesn't know what he's talking about. He didn't get the memo.

You know, maybe the plan was in his shirt pocket and he went swimming and it got wet and he didn't know about the secret rapture. He never talked about the secret rapture. Never mentions it. Not once. The apostles never mention it. But what they do tell us is that when he comes back the separation takes place the tears are separated from the wheat right the tears are cast they're bundled and burned they're cast into

the fire the net is pulled in the good fish are, the bad fish are thrown into the fire. It's really easy to understand. And there's no seven year gap. And there are some out there too, especially those that are what we would call Calvinists that would use these, both the parable of the tares and the parable of the dragnet as saying that there are some that are destined for salvation and some that are destined for the fires of hell, that there is no choice in the matter. Do you ever notice that the only people that believe in predestination are the people who claim they're the elect? That's right. I do find that interesting. It's like abortion. The only people that are for abortion are people that didn't get aborted.

But Rick, the way I look at it, both in the parable of the tares and in the parable of the dragnet is, Rick, when you accepted Jesus Christ as your Savior, would you consider that a miracle? Absolutely. You were raised from the dead. If you knew me, you would

have known how big of a miracle it was because there was nobody that thought I was going to get saved. You were transformed from one creature to another. It took a miracle for that to happen. Yes. And there might be some people out there thinking that they're terrors today. There might be some people thinking out there that they're the fish that are going to get cast into the fire.

Well, a miracle can take place in your life as well. You can be transformed. God can change a tear into wheat. God can change a dirty fish into a clean fish. And there may be some that are out there watching right now that you've given up hope. You think, I'm destined for hell. I have no choice in it. God hates me. I have no choice in

the matter. I've sinned too much. I've done too many sins to be saved. That's the lie that the devil wants to put out there for you. You need a miracle in your life. You need to be changed and transformed in your life. So these parables are a warning that a transformation is required in men's hearts. A transformation has to take place in men's hearts to receive the salvation of Jesus Christ. We don't even do it on our own. That's a real mystery.

We don't even do it on our own. The Holy Spirit draws us. I don't know how that works. I don't understand it all. But all I know is that's what the scripture says, that I'm drawn to the Lord. Yes, we can only be saved when the Holy Spirit draws us. But when he draws us, we have free will to decide whether we want to be drawn. That's the key. So I believe the Holy Spirit's trying to draw every man and woman to Christ.

But not every man and woman is willing to allow himself to be drawn to Christ. Doc, we talked about discrimination, that there's no discrimination. I mean, that there is discrimination at the end when the net is pulled in. But during the time that the net is in the water, and that goes all the way back to the first advent, the net has been floating in the sea of mankind. You know, the sea in the Bible represents humanity.

So think about it. Here's the net. The great dragnet is in the sea of mankind. You know the sea in the Bible represents humanity. So think about it. Here's the net. The great dragnet is in the sea of humanity. And so the dragnet has been floating there for over 2,000 years, and it does not discriminate. It doesn't matter the color of your skin, your nationality, your ethnicity, your language, your social status, your geography, your income, your education level, it doesn't care. The gospel is the gospel. And rich, educated fish are going to be held to the same standard on judgment day as uneducated poor fish. Did you believe Jesus Christ to be the Lord and savior of your life? Were you baptized into his

church? Your income and your education doesn't matter. The discrimination comes on judgment day based on what you did with the gospel. That's right. But for right now. That's the standard. That's the standard. And there will be discrimination on that day. There has to be.

God has standards. And he's opened up his house, his kingdom to everybody and said, come on in. I want you. But I've got standards. I've got rules. I got things that you have to believe. If somebody says, I don't want to believe it. Okay. Don't come in. That's why people will end up in the lake of fire. God's not going to send one human to the lake of fire on judgment day. They're going to mail themselves there. You got it.

Because they refused the gospel. They rejected the gospel. They mocked the gospel. They laughed at the gospel. They put it off. They procrastinated. They made excuses. Whatever.

Whatever excuse they use. They denied Jesus Christ. They denied the sacrifice on the cross. You know, we're down to a minute. People debate what is the sin of the blasphemy of the Holy Spirit. And I've heard a lot of opinions about how blasphemy of the Holy Spirit. And I've heard a lot of opinions about how, you know,

blasphemy of the Holy Spirit cannot be forgiven. What is it? Doc, I believe, I believe it's rejecting the Holy Spirit, drawing you to Christ. I'm of the same thought. What, how else can you, if you, if you have rejected Christ, there is no forgiveness at this point. You've sealed your fate. And this day that the net is going to be drawn, it's coming, my friends. We're going there really fast. That fish fry is right up ahead.

I can smell the fish right now. We are moving, this whole world is moving quickly to the biggest fish fry that has ever been held in the fish right now. We are moving. This whole world is moving quickly to the biggest fish fry has ever been held in the history of mankind. You don't want to be fried on judgment day. You want to be kept by the great fishermen. You want to be part of his kingdom forever. The choice is yours.

Believe on the name of Jesus Christ and be baptized and you shall be saved. Don't believe and don't be baptized. You shall be saved. Don't believe and don't be baptized. You shall be lost. It's your choice. You make the decision. We'll see you tomorrow. Thanks for watching Morning Manor with Rick Wiles and Doc Burkhart. Request your copy of Final Day by visiting FinalDay.com Morning Manna is sponsored by Christian Brethren who are eagerly awaiting the final day

when our Lord Jesus Christ returns to establish His kingdom that shall have no end. You have been listening to True News with Rick Wiles. Thank you for listening. To find out more information regarding the broadcast, including prayer and financial support, please visit our website at www.truenews.com. Our mailing address for all correspondence is True News, PO Box 690069, Vero Beach, Florida 32969.