Another Bank Down! Regulators close New York’s Signature Bank as Fears if Banking Collapse and Bank Runs Escalate
This afternoon, U.S. regulators shut down New York-based Signature Bank in an attempt to prevent the spreading banking crisis.
“We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority,” Treasury, Federal Reserve, and FDIC said in a joint statement Sunday evening.
The banking regulators said depositors at Signature Bank would have full access to their deposits.
“All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer,” the regulators said.
The news comes as fears of bank runs have swept the industry after regulators shut down Silicon Valley Bank on Friday and seized its deposits in the largest U.S. banking failure since the 2008 financial crisis — and the second-largest ever.
Banking regulators say they devised a plan Sunday to backstop depositors with money at Silicon Valley Bank, a critical step in stemming a major collapse in the banking industry. Regulators said depositors at both failed SVB and Signature Bank in New York, which also has been closed, will have full access to their deposits.
The Federal Reserve also said it is creating a new Bank Term Funding Program aimed at safeguarding institutions impacted by the market instability of the SVB failure.
A joint statement also said there would be no bailouts and no taxpayer costs associated with any of the new plans. Shareholders and some unsecured creditors won’t be protected.
“Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system,” said a joint statement from Fed Chair Jerome Powell, Treasury Secretary Janet Yellen and FDIC Chair Martin Gruenberg.
The overall Economic numbers are downright Scary!
Be Prepared to Feed Yourself when the Collapse Hits!
Grocery Options that ship right to your Home:
Be Prepared to Defend Yourself
To truly be prepared, you need to learn how to be 100% self-sufficient.
First Republic Bank customers lined up to withdraw their money Saturday as fears of a more significant banking crisis have spread throughout the industry.
In what looks an awful lot like the lead-up to the banking crisis in 2008, trading in several regional U.S. banks was halted on Friday amid a massive sell-off after the FDIC took over Silicon Valley Bank (SVB). Some of the affected regional U.S. banks were First Republic, Signature Bank, PacWest Bancorp, and Western Alliance Bancorp.
On Friday, the share price of First Republic Bank declined nearly 50 percent after the collapse and FDIC takeover of SVB — the second largest bank collapse in U.S. history. Today customers could be seen lining up at First Republic Bank branches throughout California in a desperate attempt to pull their money out.
Today, Billionaire investor Bill Ackman said he expects more bank runs from Monday morning.
From a source I trust: @SVB_Financial depositors will get ~50% on Mon/Tues and the balance based on realized value over the next 3-6 months. If this proves true, I expect there will be bank runs beginning Monday am at a large number of non-SIB banks. No company will take even a… https://t.co/2BoqtCDKJt
On Friday, Silicon Valley Bank branches called the police on customers who showed up and attempted to pull out their cash.
Santa Clara Police officers at the Silicon Valley Bank headquarters in Santa Clara, California, Friday.
The overall Economic numbers are downright Scary!
Preparing for an economic collapse
FDIC Insured Means NOTHING!!!
There is over $22 Trillion in the U.S. banking system. The FDIC has only $124.5 Billion on its balance sheet and a $100 Billion line of credit from the U.S. Treasury. FDIC assets cover only 1.26% of U.S. Banking deposits — about the size of Silicon Valley Bank, which failed today. One bank! Are you starting to understand why we have been sounding the alarm bells?
Investing in long-term consumable goods.
Start stocking up on items you will need and use in the future and start stocking items you can barter with in case the system fails. By stocking up on food, water, survival gear & supplies, and bartering goods, you will have a nice stockpile of supplies that will help see you through the crisis.
Be Prepared to Feed Yourself when the Collapse Hits!
Grocery Options that ship right to your Home:
Be Prepared to Defend Yourself
To truly be prepared, you need to learn how to be 100% self-sufficient.
Fears of a financial meltdown have spread through the markets today as regulators shut down Silicon Valley Bank in the biggest bank failure since the global financial crisis.
Financial regulators closed Silicon Valley Bank and took control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is the largest U.S. bank failure since the global financial crisis more than a decade ago. According to press releases from regulators, the California Department of Financial Protection and Innovation closed SVB and named the FDIC as the receiver. The FDIC, in turn, has created the Deposit Insurance National Bank of Santa Clara, which now holds the insured deposits from SVB.
Earlier in the morning, building managers at Silicon Valley Bank’s Manhattan branch reportedly called the police on customers who showed up and attempted to pull out their cash.
Bill Ackman, the billionaire hedge fund manager, called on the U.S. government to step in and bail out Silicon Valley Bank. Ackman likened the turmoil engulfing Silicon Valley Bank to the 2008 financial crisis when the Federal Reserve bailed out JPMorgan Chase after the Wall Street giant bought investment bank Bear Stearns, whose market value was eviscerated due to its involvement in the risky subprime mortgage markets. According to Ackman, no other private institution will step in to save Silicon Valley Bank the way JPMorgan rescued Bear Stearns.
The FDIC’s standard insurance covers up to $250,000 per depositor, per bank, for each account ownership category. The FDIC said uninsured depositors will get receivership certificates for their balances. But according to internally records, over 93% of depositors had over $250,000 in the bank and will likely never see that money!
The second largest bank collapse in U.S. history seemingly happened overnight, and NONE of the so-called experts saw it coming!
We have been beating the drum for the last couple of months, warning that this was coming. Our economy has been teetering on the cliff’s edge for a while, and this is just the latest sign that we are heading toward disaster!
The overall Economic numbers are downright Scary!
Preparing for an economic collapse
While everyone was distracted by 24/7 COVID hysteria, followed by the media trying to fake an alien balloon invasion, the real threat has been tearing through the American family and devastating hard-working Americans who are just barely holding on. Sorry, but it is going to get worse!
If you’re not prepared, you need to start taking real, immediate steps to protect yourself and your family from what is coming.
Keep an eye on the markets, and keep an eye on the banks.
Before depositing any money in a bank, you need to research the financial soundness of that bank. Since the so-called end of the financial crisis, when the government spent over 700 billion dollars to “fix the system,” over 511 banks have failed.
When the shit hits the fan, how long can the FDIC continue to pay out on these insured deposits. With banking industry assets sitting at around $22.7 trillion, there is little reason to believe the FDIC will ever be able to cover these insured deposits during a full-scale collapse.
While many believe the FDIC protects their money, the truth is, there is not enough money to protect everyone. If the system collapses, your FDIC-insured account is anything but certain.
Realize your dollars may become worthless.
Since the COVID shutdowns, our money has become even more worthless. From gas prices that have more than doubled to soaring food prices and sky-high interest rates, our dollar is losing value quickly.
You need to seriously look at the possibility of an all-out collapse of the system. If this happens, your dollars will quickly become worthless.
You must start to take a balanced approach to being financially prepared for the future. While investing in your financial future is important, the same can be said for investing in your ability to survive future disasters. If you haven’t started preparing for economic troubles, now is the time to seriously consider stocking up to survive future financial problems.
Investing in long-term consumable goods.
This means stocking up on items you will need and use in the future or stocking items you can barter with in case the system fails. By stocking up on food, water, survival gear & supplies, and bartering goods, you will have a nice stockpile of supplies that will help you through almost any disaster.
Another upside to investing in consumable goods is these goods are completely secure from financial market volatility and will continue to hold their value after the collapse. In fact, as we’ve seen over the last year, most consumables will probably skyrocket in value in a post-collapse world.
Be Prepared to Feed Yourself when the Collapse Hits!
Grocery Options that ship right to your Home:
Be Prepared to Defend Yourself
Learn to Be Self-sufficient NOW!
To truly be prepared, you need to learn how to be 100% self-sufficient.
In the latest attack on the American family’s book, the Biden administration has announced a new $6.8 Trillion Budget that will significantly raise what you are paying in taxes to fund a slew of government welfare and social programs.
The budget contains some $5 trillion in proposed tax increases, including punishing self-employed and small business owners with a significant rise in their yearly taxes.
Biden’s tax plan would raise
capital gains tax from 20% to 39.6%, the highest since 1978
the top tax rate from 37% to 39.6%
the corporate tax rate from 21% to 28% 4
Self-employment tax from 3.8% to 5.0%
It would also:
Increase IRS funding by 15% on top of $80 billion from the Inflation Reduction Act
Instate a 25% minimum tax rate on households with a $100 million+ net worth
Eliminate tax break for crypto investors
Eliminate carried-interest tax break
Increase stock buyback tax from 1% to 4%
The budget would add another $17 trillion in deficits over the next ten years and a $5.5 trillion tax increase over the next ten years. This would push the total U.S. debt (not including over $120 trillion in unfunded liabilities) to over $50 trillion within ten years.
The news comes as the economy seems to be heading right off the cliff.
Stock and crypto markets erased a combined $1.5 trillion in value in under 2 hours today, while bank stocks posted their worst day since June 2020, losing over $50 billion in value.
Today, the four Biggest Banks lost $47 Billion in Market Cap as news that after more than seven decades of full-year increases, U.S. bank deposits across the industry fell for the first time since 1948.
JPMorgan lost about $20 billion in market value Thursday.
Bank of America lost roughly $15 billion.
Wells Fargo‘s market capitalization was down $8.5 billion.
Citigroup was down $3 billion.
Other Economic numbers we should be paying attention to:
Mortgage demand has fallen to a 30-year low as interest rates push above 7%.
The housing market has declined for six consecutive months for the first time since 2011. This comes as first-time homebuyers are experiencing the most unaffordable market in history.
Used car prices are up 4.3% in February, the largest gain since 2009. This comes as the average used car loan rates is at a record 14%, and lenders report the most past-due car payments since 2009.
You must start to take a balanced approach to being financially prepared for the future. While investing in your financial future is important, the same can be said for investing in your ability to survive future disasters. If you haven’t started preparing for economic troubles, now is the time to seriously consider stocking up to survive future financial problems.
Investing in long-term consumable goods.
This means stocking up on items you will need and use in the future or stocking items you can barter with in case the system fails. By stocking up on food, water, survival gear & supplies, and bartering goods, you will have a nice stockpile of supplies that will help you through almost any disaster.
Another upside to investing in consumable goods is these goods are completely secure from financial market volatility and will continue to hold their value after the collapse. In fact, as we’ve seen over the last year, most consumables will probably skyrocket in value in a post-collapse world.
Be Prepared to Feed Yourself when the Collapse Hits!
Grocery Options that ship right to your Home:
Be Prepared to Defend Yourself
Learn to Be Self-sufficient NOW!
To truly be prepared, you need to learn how to be 100% self-sufficient.
At least four so-called Unidentified flying objects have been shot down over the last week as airspace throughout the United States and Canada is reportedly being closed down to track what the media insists on calling UFOs. But how the hell did we get from Chinese spy balloons to the media seemingly trying to push the start of an alien invasion?
CNN reporting UFO shot down over Alaska may have been an alien spacecraft: “When they looked at the object they could identify no identifiable propulsion system and they did not know how it was actually staying in the air.”
Back in 2020, during the height of the global COVID hysteria, we predicted that it was all conditioning for what was yet to come. In fact, we flat-out said that the next wave of fear would be when government/media officials tried to fake an alien invasion.
We predicted this…. Once they knew they could trick the public into believing/doing anything after the government shots and useless masks during the COVID scam they knew they could pull anything off!
BREAKING: @RepRosendale says the Department of Defense called him and said that they will be “tracking the object” allegedly detected above Montana “until it gets light again” and says “they cannot bring it down in the dark”. pic.twitter.com/4I53Hid5Dc
Today, just hours ago airspace over the Great Lakes was shutdown as military fighter jets tracked an object flying near the Canadian U.S. border.
BREAKING: The FAA has temporarily closed down the airspace over the northern part of Lake Michigan, due to “department of defense activity.” Monica Alba reports the latest. pic.twitter.com/U2hpLVojCL
DEVELOPING: NARCOM confirms an unknown object has been spotted in the area near Lake Michigan; fighter jets reportedly scrambling to the scene https://t.co/yOYs9cEMkH
On February 10th, the Pentagon confirmed that another object penetrated U.S. Airspace over Alaska and that they had shot it down. And that’s when the UFO propaganda started to pick up steam. According to ABC News, F-22 fighter pilots described the object as “cylindrical” and “silver-ish grey” and no sign the object had propulsion.
Then the media really started an all out blitz on trying to push the UFO story. How the hell did this go from balloons, to attempting to brainwash the public into thinking it is an alien invasion?
Yesterday, Canadian Prime Minister Justin Trudeau started really pushing the UFO propaganda when he claimed that he ordered American fighter pilots to shoot down a UFO over Canada.
PM Trudeau says he ordered the shooting down of a UFO that had a “reasonable threat to civilian aircraft”.
Around the same time, the Uruguayan Air Force reported that they were carrying out an investigation in the Province of Paysandú, in the west of the country, after receiving complaints about the sighting of flashing lights in the sky.
🇺🇾| La Fuerza Aérea Uruguaya se encuentra llevando a cabo una investigación en el departamento (provincia) de Paysandú, en el oeste del país, tras recibir denuncias sobre el avistamiento de luces intermitentes en el cielo. https://t.co/xi4dZhIiyipic.twitter.com/STobV7EkgZ
This morning, Chinese state media claimed the Chinese government was tracking a Unidentified flying object near Rizhao in China. They claimed the government was preparing to shoot it down.
And then around 1PM on February 12th, the U.S. military ordered an F-16 to shoot down another so called unidentified object flying at an altitude of 20,000 ft. over Lake Huron.
NEW from @JulieNBCNews &@ckubeNBC: The U.S. military shot down another unidentified object over Lake Huron today, according to a Congressional source briefed on the matter & two U.S. officials. All say there are no indications of any collateral damage.
While we believe most of this is likely all propaganda (and the UFO storyline if without a doubt fearmongering bullshit from government officials desperate to push a new round of lockdowns and fear), have no doubt that they are gearing up for the next CRISIS!!! As we witnessed during COVID, there are a lot of dumb fucking people who will not only believe everything they are told but will help push the panic and chaos into overdrive!
The Black Friday sale at Tactical Works has begun and runs through Monday. There are deals on Fix It Sticks, MDT Magazines, and more. You can see all the deals on their Black Friday sales page.
The Ohio River, which serves somewhere around 10% of the US Population, has reportedly become contaminated with several chemicals due to chemicals from the East Palestine train derailment.
As early as February 8th, West Virginia Gov. Jim Justice had already admitted that some of the toxins from the derailed train cars had spilled into the Ohio River before the explosion.
“There were chemicals that went into the Ohio River, and immediately the people of Weirton acted and acted promptly and everything to basically shut down and transfer over to an alternate supply source for their water,” Justice said during a briefing at the State Capitol.
In a memo, Cincinnati city manager Sheryl Long said that low levels of butyl acrylate were detected in samples of the Ohio River. “Greater Cincinnati Water Works (GCWW) is actively monitoring the situation, and stands continuously ready to protect our drinking water quality,” the city manager’s memo reads.
This comes as officials are now saying there were more toxic chemicals on a train that derailed in Ohio than initially reported. A list of the cars involved in the derailment and the products they were carrying released by Norfolk Southern reveal several more toxic chemicals released into the air and soil following the crash.
The U.S. Environmental Protection Agency sent a letter to Norfolk Southern stating that ethylene glycol monobutyl ether, ethylhexyl acrylate and isobutylene were also in the rail cars that were derailed, breached and/or on fire.
Some 700 miles away in Indiana, The Evansville Water and Sewer Utility said they are now monitoring their water intake in Indiana.
As we reported earlier in the week, the toxic 50-car train derailment near the Ohio-Pennsylvania border in East Palestine, Ohio and the so-called “controlled explosions” which have released toxic gasses into the air has been largely ignored by the mainstream media.
“We basically nuked a town with chemicals so we could get a railroad open,” said Sil Caggiano, a hazardous materials specialist.
“We basically nuked a town with chemicals so we could get a railroad open.”
— Sil Caggiano, hazardous materials specialist, on the dangerous chemicals on board the Norfolk Southern train that derailed in East Palestine, Ohio, just over a week ago
I have tweeted the Train Derailment in Palestine Ohio, This Young lady says it’s much worse than we can imagine, it’s in the water, schools of fish floating dead, the place is inhabitable. Says Red Cross etc no show. pic.twitter.com/d5DN9Sx2VD
Since our initial report, Senator JD Vance and other local residents have confirmed with video evidence that the waterways around East Palestine, Ohio are contaminated with chemicals from the train derailment.
Some in Congress Demanding Answers!
Marjorie Taylor Greene, the Republican Congresswoman representing Georgia’s 14th District tweeted: “East Palestine, Ohio is undergoing an ecological disaster bc authorities blew up the train derailment cars carrying hazardous chemicals and press are being arrested for trying to tell the story”.
East Palestine, Ohio is undergoing an ecological disaster bc authorities blew up the train derailment cars carrying hazardous chemicals and press are being arrested for trying to tell the story.
Senator JD Vance (R-OH) issued a statement on Monday, vowing to get to the bottom of the train derailment and chemical burn that took place in East Palestine, Ohio.
“Like every Ohioan,” Vance wrote, “I’m horrified by the Norfolk Southern train crash in East Palestine and the images we’ve seen coming from Northeast Ohio. One week ago, local and state officials determined that to avoid a catastrophic explosion a controlled release of vinyl chloride would take place. This release is the source of the frightening plumes of black smoke that have made their way around social media. While those plumes of smoke are now gone, many questions remain.”
“Is the air and water safe for residents? So far, we have been told that air and drinking water tests performed by the state and federal Environmental Protection Agencies, the Ohio National Guard, and Norfolk Southern have been encouraging. We continue to monitor environmental reports from multiple agencies about the quality of the air and water in the region. I have heard alarming anecdotes about contaminated waterways and effects on wildlife. I encourage anyone with credible reports of environmental harms to contact my office. In the meantime, we will continue to engage with the relevant agencies and monitor the situation in the region.”
U.S. Code defines a gun show as a “function[s] sponsored by any national, State, or local organization, devoted to the collection, competitive use, or other sporting use of firearms, or an organization or association that sponsors functions devoted to the collection, competitive use, or other sporting use of firearms in the community.”
That doesn’t sound very fun.
Wikipedia describes gun shows as promoters who “rent large public venues and then rent tables for display areas for dealers of guns and related items and charge admission to buyers. Majority of guns for sale are modern sporting firearms.”
That sounds like more fun, but it’s not Rock Island Auction Company fun. Rock Island Auction fun is 7,314 firearms, many of them scarce and beautiful that you can look at and examine in 4,212 lots that include 7,594 items and four days of exciting in-person auction action at the Sporting & Collector Auction, Feb. 14-17 with a full day preview day on Feb. 13.
It’s the best gun show you’ve never been to.
This winter, there’s no larger gun auction than Rock Island Auction Company’s February 14-17 Sporting & Collector Auction. We’ll auction over 7,300 arms in just 4 days during this public event.
Modern Arms, Hold the Glocks
Instead of tables upon tables of unassuming polymer guns, the modern guns for our Sporting & Collector Auction are interestingly diverse. Even our Glocks are interesting, with the lone example in the auction being a Model 22 cutaway pistol.
The Claridge Hi-Tec S9 was manufactured from 1990 to 1993 when the company ceased operations over a property rights dispute over the design and right to produce as well as the gun being outlawed in California. Lot 1031 is in excellent, near new condition.
As a gun show, our Sporting & Collector Auction has more than 550 lots of modern long guns on offer, ranging from lever action rifles to single shot rifles, factory engraved shotguns to semi-automatic rifles. There is plenty to draw a sportman – or woman – to Rock Island Auction Company.
Lot 2897 is a factory engraved Antonio Zoli Focus over/under rifle that was manufactured in 2015 and is in excellent, near new condition.
Gun Show and History Lesson
History is on display at Rock Island Auction Company, from flintlocks to percussion revolvers, muzzleloading muskets to lever action rifles. You can see guns from the American Civil War, the Wild West, and World War 2, like a rare Sharps New Model 1859 in the same serial number range as the famed Berdan Sharpshooters.
Lot 2385 is a pair of Cuba-shipped, engraved Smith & Wesson New Model No. 3 revolvers. The guns were shipped from the factory on Sept. 22, 1880 to Don Jose Valero Zequeira who was the director of the School of Medicine in Havana. He served with the Spanish Royalists during the Spanish-American War.
History can come in the form of gun technology that evolved, like a pinfire revolver, and pepperbox pistols. It can also be the start of a dynasty, like the Henry rifle that led to the Winchester lever action rifles, and various Colt percussion pistols, like a Colt Walker, that led to the legendary Single Action Army.
Early Winchester rifles helped shape the country and tame the frontier. Their predecessors helped push firearm design and even served in the American Civil War. If you’ve ever wanted one to call your own, RIAC’s Sporting & Collector Auctions are the place to go.
Meet Like-Minded People
Tired of trying to talk over the crackle of stun guns when discussing the merits of a Registered Magnum or the best scope for your hunting rifle? There are no stun guns and plenty of people ready to chat about firearms, share their knowledge and experiences, and gladly impart any wisdom. Find them at RIAC’s Sporting & Collector Auction.
Do you revel in the minutiae of screws on the Colt Single Action Army or have trouble finding someone to discuss the genius of John Moses Browning? Maybe you want to meet CEO Pat Hogan or RIAC President Kevin Hogan? You’ll find them at Rock Island Auction Company’s Sporting & Collector Auction, the best gun show you haven’t been to.
Lot 2682 is a Rapid Fire Industries Browning Model 1919A6 semi-automatic reproduction of John Moses Browning’s World War 1 machine gun. This firearm is made of Israeli and new parts.
Have Fun in the Quad-Cities
Running an auction house is hard work, but we at Rock Island Auction Company also like to have fun, and there’s plenty to be found in the Quad-Cities. Have lunch on us – for a small donation – during the auction, but the Quad-Cities has plenty of eating and drinking options at night, as well as interesting places to visit.
If you like craft beer as much as fine firearms, the Quad-Cities offers numerous craft breweries in Rock Island and beyond. To check out a list of craft beer venues in and around the Quad-Cities, go here. Spirits might be more your thing, so you can head up to LeClaire, home town of Buffalo Bill Cody, to visit the Mississippi River Distilling Company facility, or just want to stop for a drink, head to their downtown Davenport lounge. There are plenty of places to grab a finely made cocktail in the Quad-Cities.
This Pieper-Bergmann Model 1910/21 pistol has oak leaf, floral and scroll motifs over 95 percent of the exterior surface.
Quad-Citians love to eat, whether it is the comfort of bar food, the diversity of ethnic offerings, a delicious steak, or fine dining, you can find it in the Quad-Cities. Looking for a meal recommendation? Ask anyone from Rock Island Auction and they’ll give you one – or two!
If gaming is your thing, the Quad-Cities has two casinos, including Bally’s that is just a short drive away from Rock Island Auction Company. The Quad-Cities also offers museums like the Figge Art Museum and Putnam Museum, boutique shopping, and even skiing at Snowstar, just down the road from Rock Island Auction Company. Spend time exploring the Quad-Cities.
Sweet Gun Love
The Sporting & Collector Auction launches on Valentine’s Day, so why not combine your two loves, fine firearms and your sweetheart? Show them a good time with some live auctioneering, win one of the firearms you’ve been coveting, then take them out for a nice romantic dinner (again, consulting with Visit Quad-Cities, or with a RIAC cupid that can make a recommendation). They’ll thank you for it. Trust us.
Nothing says I love you like a Smith & Wesson .44 Hand Ejector First Model Triple Lock double action revolver in rare .44 S&W Russian. Skip the candy and flowers and get the revolver that handgun enthusiast and writer Elmer Keith considered the finest ever made. This example was built in the early 20th century.
Welcome to the Gun Show
The Feb. 14-17 Sporting & Collector Auction, along with Rock Island Auction Company’s other in-person auctions, are the best gun shows you’ve never been to but should visit in person to see the amazing history, beauty, and condition on offer in the auctions.
Welcome to the gun show of gun shows! Experience over 7,300 guns this February.
In the past year, a pair of revolvers owned by Ulysses S. Grant, beautiful unto themselves, a revolver owned by Theodore Roosevelt, the Star Wars heavy blaster of Han Solo, and near countless examples of beautifully engraved and immaculately-conditioned firearms have been displayed and auctioned. Come for the auction, but stay for the show!
In our auctions, we’ve seen them break the $30,000 mark, but this February is a chance to add one to your collection at a price point that demands attention. This one was part of a world-class Savage Collection, was featured in THE book on Savage pistols, and is an important part of U.S. military small arms – what more could a collector ask for?
Michigan State University students were told to run, hide or fight Monday evening after a report of shots fired on the school’s East Lansing campus. The school sent an alert at 8:31 p.m. and later said there were reports of injuries.
According to local police reports the incident was reported to start at 8:18 p.m. inside Berkey Hall. According to MSU Police and Public Safety there are at least three confirmed fatalities. This is in addition to the 5 victims who have been transported to the hospital.
Earlier reports indicated that there could be up to three shooters, but police are now only confirming one suspect. Local police have confirmed that they are searching for 1 black male.
SUSPECT PHOTOS: The suspect is a Black male, shorter in stature, red shoes, jean jacket, wearing a baseball cap that is navy with a lighter brim. pic.twitter.com/9blppnX5U3
Local reports say there were multiple shooting scenes on campus, including:
Berkey Hall
Student Union
Phillips Hall
UPDATE: Local police scanner audio has reported that police approached a person matching the suspect’s description and they say he shot himself. Audio can be heard below.
The coverup begins?
Social media outlets and the mainstream media have already started censoring the descriptions of the shooter!
If the Michigan State University shooting falls out of the headlines, it’s cause it doesn’t fit the media agenda!!!
This morning our posts began to be flagged as sensitive content for daring to give the description of the shooter and telling people that he was black. Keep in mind it is word for word what the police released!!!
Are you Prepared for the next Active Shooter Situation?
