Today we're talking about the continued drama and banking, a controversial new oil project

in Alaska, fighting in Bachmot, and other top news for Wednesday, March 15, A.K.A.

The Iads of March.

Stay informed while remaining focused on Christ with the pullover.

Here's the quote of the day.

Visit many good books, but live in the Bible.

Charles Spurgeon.

Let's get started with some espresso shots.

The banking sector is taking a deep breath following the collapses of SVB and Signature Bank,

which opened the vault door for investigations and finger pointing.

One matter of debate is whether to call regulators' decision to guarantee all deposits, even

those above the usual $250,000 limit, a bailout.

Critics, like Republican presidential candidate Nikki Haley, say regulators overstepped in

that this will ultimately be paid for by all banking customers, i.e. taxpayers.

Regulators disagree, saying all funds will come from the deposit insurance fund, paid

into by banks not taxpayers, and that unlike 2008, neither the bank's executives nor investors

are being helped.

Meanwhile, regional bank stocks look like a six-flags attraction.

First Republic bank stock dropped 60% on Monday, only to jump 50% yesterday morning

before ending the day up 23%.

There may be good reasons to be worried about this day, month, or year.

God does not promise good days.

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