Today on Insight, John and Josh Rosenstern discuss the structure and design of the Federal Reserve Bank, since its development in 1913. The Federal Reserve has raised interest rates ten consecutive times within the last year. This impacts every American from business to government with regards to our economy. When the base rate, our debt ceiling, for federal funds, which is the rate that banks lend to one another goes up; there is a ripple effect and everything goes up. America’s debt is close to 32-trillion dollars, which is 111-percent of our Gross domestic product. With regards to America’s economic health, we are already seeing bigger banks buying up many of the smaller community banks. Brother John ask if this is the beginning of an orchestrated bank takeover.
Up Next in 2023
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Insight - May 3rd, 2023
Today on Insight, John and Josh Rosenstern discuss the Speaker of the United States House of Representatives, Kevin McCarthy’s visit to Israel, speaking to Israel’s governing legislative body. Speaker McCarthy made an invitation to Prime Minister Benjamin Netanyahu to visit the House of Represen...
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Insight - May 2nd, 2023
Today on Insight, John and Josh Rosenstern discuss the definition of a woman, as that discussion is playing out in the Kansas legislature. Brother Josh says this is a trending topic within local, state, and federal government rulings. Brother Josh says the Montana legislature is making headline...
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Insight - Apr. 28th, 2023
Today on Insight, John and Josh Rosenstern discuss a recent Senate vote on an equal right’s amendment to the U.S. constitution. The amendment was first proposed in 1923, and was approved by Congress in 1972, but to officially become an amendment to the constitution 38 of the 50 states have to ap...