Under the secrecy of night, the FEDs announced the seizure of another failing regional bank, as deposits fly and the larger banks like JP Morgan Chase continue to cannibalize smaller competitions banks amidst an unforgiving market with continuous high inflation, a strong dollar and uncertainty about interest rates and a commercial real estate slump and an inverted bond yield curve. JP Morgan Chase, on the other hand, continues to consolidate its wealth in a banking monopoly, as more of America’s wealth becomes concentrated in a smaller handful of strong banks. 

Republic First crashed on a wild wave of crashing regional banks. Signature Bank, a hipster bank for LSD micro dosing, shroom eating, pot smoking techno hipsters with cards from one or more of the 17 anti Constitutional agencies of the uniparty, fell early last year. Silicon Valley Bank, a slightly bigger bank, for hipsters fell next. The FEDs, who did not want to Americans to become alarmed at the alarming situation, descended upon the banks with ‘communism for the rich,’ gutting Rosevelt’s historic cap on Federal Deposit Insurance Corporation from 100,000 to whatever amount would keep the hipster high. They descended quick. SVB fell, despite FDIC cutting lines for the drug addicts. 

Other banks like California Bancorp fell but gracefully, as the FEDs dressed the flying pig with shiny lipsticks on a chopping block that saw pork chops for construction loans float from one butcher to the next. With no blood anywhere, no harm, no foul. Birds of a feather flock together. First Republic, which is famous for its fabulous ‘swag,’ like a really posh Louis Vuitton umbrella with a wooden knob for a handle, hit the ground, scattering in a million pieces. Citizens bank bit the dust. Another one bit the dust. 

Republic First is the latest culprit to take a nose dive, as American big bank vultures swoop overhead to clean up the bits and pieces of meat.