What is going on with the banks? 😱

What is going on with the banks? 😱

Despite constant reports of a healthy job market and low unemployment, other economic indicators determine the economy's overall health. The most significant factor is the health of the banks. 👈

Many economists claim that Silicon Valley Bank is the first domino in a string of failures. 😨

Typical media reports will point fingers at mismanagement and poor investments that is not the case. Interest rates caused the collapse, combined with minor inside issues compounded into the 1.8-billion-dollar asset loss. 💥

Interest rates continue to rise, and commonsense tells us that if a small hike destroyed a small bank like SVB, what will happen when the next even more significant hike arrives? 🤨

https://tinyurl.com/2mjdnmbk 👈

Washington is broken.

Here at Convention of States we have a solution as big as the problem.

An Article V Convention of States is called and controlled by the states and has the power to PROPOSE constitutional amendments.

These are our three, simple talking points.

1. Limit the power and jurisdiction of the federal government (including the president)
2. Limit the terms of office for federal officials
3. Limit the ability of Congress and the president to spend and waste our hard- earned money, via a Balanced Budget Amendment.

What can you do? 👈

Sign the petition:
https://conventionofstates.com/take_action 💪