Watch: Left-Wing Activists Smash Windows, Are Arrested at UC Davis Charlie Kirk Event

Left-wing and LGBTQ activists at UC Davis were arrested after vandalizing university property on Tuesday during an event featuring Turning Point USA founder Charlie Kirk. The incident came just hours after UC Davis chancellor Gary S. May declared Kirk a “proponent of hate” and encouraged students to “neutralize and negate” TPUSA’s influence on campus.

Protestors carrying banners that read, “Queers Bash Back,” and, “Bash Fash,” were seen on video smashing glass windows while police officers tried to fend them off.

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Additional footage showed police outside taking down masked protesters who appeared to be carrying spray paint cans.

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Police also clashed with banner-wielding protesters who were chanting, “fight back!” as they tried to advance toward the building where the Turning Point USA event was being held.

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A UC Davis campus police spokesperson told Breitbart News that “two people were arrested after spray painting the outside of the building.”

“I’m not sure what the exact charges are, but that’s what they were doing,” the spokesperson said.

The police spokesperson added that he did not have information on the identities of the individuals who were arrested and that, so far, no arrests have been made in connection to the smashed glass windows on the university’s campus doors.

The left-wing and LGBTQ activists were also seen carrying banners that read, “Protect Trans Kids,” and, “Fascists Off Campus.”

The violence by protesters arrived on the heels of UC Davis chancellor Gary S. May releasing a video in which he referred to Kirk as a “proponent of hate” and falsely claimed the Turning Point USA founder has “advocated for violence against transgender individuals.”

May also proclaimed that while the university “can’t control how these groups [TPUSA] operate,” the campus community can “work together to neutralize and negate their influence.”

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You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.


‘Proponent of Hate:’ UC Davis Chancellor Freaks Out over Charlie Kirk Event

UC Davis Chancellor Gary S. May called Turning Point USA (TPUSA) founder Charlie Kirk a “proponent of hate” on Tuesday, ahead of Kirk’s speaking event at the school, and encouraged students to “neutralize and negate” TPUSA’s influence on campus.

In a video message responding to students who are allegedly in “distress” over the upcoming event on campus, May bizarrely referred to Kirk as “a well-documented proponent of misinformation and hate,” and claimed he has “advocated for violence against transgender individuals.”

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May went on to explain that “UC Davis did not invite this individual,” and that there is nothing the university can do about the TPUSA event, because the school is “required” to uphold the First Amendment.

“Under UC policy, campuses may not prohibit student organizations, such as TPUSA, from inviting these speakers, even if the speaker’s intended speech is as loathsome and hurtful to me and to others in our campus community,” May said.

The chancellor also addressed alleged concerns related to “violence,” adding that while US Davis is allowed to deny a speaker if they “present a clear and present danger to the campus,” the school “carries a heavy burden in justifying such a denial under these circumstances.”

“While I abhor the inflammatory speech of this speaker, UC policy permits the student organization to invite the speaker,” May said, adding that university officials are “monitoring the event closely to determine if a threat or incitement develops that meets that threshold or violates other campus policies.”

“We can’t control how these groups operate, but we can work together to neutralize and negate their influence,” the chancellor added.

May also suggested that students refrain from attending the Turning Point USA event, stating, “having to speak to an empty room would make a powerful statement.”

Kirk posted a video to social media reacting to May’s comments.

In response to the chancellor’s claim that the TPUSA founder “advocated for violence against transgender individuals,” Kirk said, “I’ve never done that. That is a lie. We might sue you for that.”

“They’re going to try to arrest me if I say something wrong. That’s what he’s saying,” Kirk added in response to May mentioning the possibility of a “criminal prosecution for incitement of violence” relating to the TPUSA’s founder’s visit to campus.

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“He’s got to be really careful,” Kirk said in response to May’s remarks. “As a president or chancellor of a university, he’s supposed to remain neutral. This doesn’t sound neutral.”

The Turning Point USA founder went on to say that the chancellor’s remarks “could be interpreted in a courtroom as trying to use power; trying to use influence to restrict somebody’s First Amendment rights.”

“They’re the violent ones,” Kirk continued. “Over a hundred police officers are showing up. I wonder why. Because of me? No. Because Antifa said they’re going do everything they can to disrupt the event.”

“We’re going to be there. We’re going to be peaceful, like Turning Point USA always is,” Kirk affirmed.

“This man is paid $820,000 a year between his state paycheck and board seats to spew his lies and slander about TPUSA and its student members,” Kirk told Breitbart News of the UC Davis chancellor.

“There is a reason we need 100+ police officers at our event tonight and it’s not because of TPUSA or me, it’s because there is an army of ANTIFA domestic terrorists in his community that threaten, bully and assault conservatives,” he added. “We will be peaceful like we always are and we remain grateful to local law enforcement for helping keep everyone safe.”

Kirk also took to Twitter to call out UC Davis professor Joshua Clover, who he said is calling for the Turning Point USA event to be canceled.

“He is welcome to come to my event and challenge me to my face, but I bet he is too much of a coward, so instead he slanders me and our students online,” Kirk said of professor Clover.

Ironically, while May talks about school officials “monitoring” for potential “violence” derived from TPUSA, the university’s own professor has previously called for violence against police officers.

In 2015, professor Clover said police “need to be killed.”

“People think that cops need to be reformed. They need to be killed,” Clover reportedly said in an interview with SF Weekly, after being asked, “What’s wrong with society today?”

And in 2014, the professor tweeted, “I am thankful that every living cop will one day be dead, some by their own hand, some by others, too many of old age.”

You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.


Electric Car Manufacturers Remove AM Radios Claiming Safety Concerns

Electric Car Manufacturers Remove AM Radios Claiming Safety Concerns

Some electric vehicle (EV) manufacturers are scrapping the AM radio from their cars, claiming safety concerns. Although conservative talk radio dominates AM radio ratings, it is also considered a critical safety tool, as it is one of the primary ways that federal, state, and local officials communicate with the public during natural disasters and other emergencies.

Automakers such as Ford and Tesla have ditched the AM radio from their newer EV models, arguing that the motors on EVs interfere with AM frequencies, creating buzzing and signal fading, according to a report by the Wall Street Journal.

James Farley, president and chief executive officer of Ford Motor Co. Photographer: Emily Elconin/Bloomberg

TOPSHOT - US President Joe Biden drives the new electric Ford F-150 Lightning at the Ford Dearborn Development Center in Dearborn, Michigan on May 18, 2021. (Photo by Nicholas Kamm / AFP) (Photo by NICHOLAS KAMM/AFP via Getty Images)

TOPSHOT – US President Joe Biden drives the new electric Ford F-150 Lightning at the Ford Dearborn Development Center in Dearborn, Michigan on May 18, 2021. (Photo NICHOLAS KAMM/AFP via Getty Images)

But former emergency officials are warning that scrapping the AM radio would mean EV drivers could miss important safety alerts.

Seven former Federal Emergency Management Agency (FEMA) administrators said in a Sunday letter — obtained by WSJ — to Transportation Secretary Pete Buttigieg and several congressional committees that the government should seek assurances that automakers will keep the AM radio in their vehicles.

FEMA says that more than 75 radio stations are equipped with backup communications and generators that allow them to continue broadcasting information to the public amid an emergency.

“Should this continue, it will represent a grave threat to future local, state, and federal disaster response and relief efforts,” the letter read.

The former FEMA officials added that while drivers can use their smartphones to tune into certain radio stations, the signal that allows them to do so aren’t as reliable as AM radio during emergencies.

Last fall, Ford said it would be removing AM radio from newer 2023 model year F-150 Lightning electric trucks, citing AM radio frequencies.

“The frequencies involved in AM radio tend to be directly affected by the electromagnetic noise in EV propulsion systems,” Ford said.

You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.


Fed, Treasury, and FDIC Announce Actions to Backstop Banks After Silicon Valley Meltdown

Fed, Treasury, and FDIC Announce Actions to Backstop Banks After Silicon Valley Meltdown

The U.S. government on Sunday sought to affirm confidence in the U.S. banking system by announcing protection for all depositors in Silicon Valley Bank.

Treasury Secretary Janet Yellen approved measures to resolve the failure of Silicon Valley Bank “in a manner that fully protects all depositors,” the Treasury said Sunday in a joint statement with the Fed and FDIC.

This means that deposits beyond the $250,000 limit on FDIC insurance will be available on Monday. The Treasury sAaid the measures will not come at a cost to taxpayers.

In a joint statement by the U.S. Treasury, the Federal Reserve, and the Federal Deposit Insurance Corp, the government said:

Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.

After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.

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. 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.

Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.

Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.

The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.

The Federal Reserve added:

To support American businesses and households, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. This action will bolster the capacity of the banking system to safeguard deposits and ensure the ongoing provision of money and credit to the economy.

The Federal Reserve is prepared to address any liquidity pressures that may arise.

The financing will be made available through the creation of a new Bank Term Funding Program (BTFP), offering loans of up to one year in length to banks, savings associations, credit unions, and other eligible depository institutions pledging U.S. Treasuries, agency debt and mortgage-backed securities, and other qualifying assets as collateral. These assets will be valued at par. The BTFP will be an additional source of liquidity against high-quality securities, eliminating an institution’s need to quickly sell those securities in times of stress.

With approval of the Treasury Secretary, the Department of the Treasury will make available up to $25 billion from the Exchange Stabilization Fund as a backstop for the BTFP. The Federal Reserve does not anticipate that it will be necessary to draw on these backstop funds.

After receiving a recommendation from the boards of the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve, Treasury Secretary Yellen, after consultation with the President, approved actions to enable the FDIC to complete its resolution of Silicon Valley Bank in a manner that fully protects all depositors, both insured and uninsured. These actions will reduce stress across the financial system, support financial stability and minimize any impact on businesses, households, taxpayers, and the broader economy.

The Board is carefully monitoring developments in financial markets. The capital and liquidity positions of the U.S. banking system are strong and the U.S. financial system is resilient.

Depository institutions may obtain liquidity against a wide range of collateral through the discount window, which remains open and available. In addition, the discount window will apply the same margins used for the securities eligible for the BTFP, further increasing lendable value at the window.

The Board is closely monitoring conditions across the financial system and is prepared to use its full range of tools to support households and businesses, and will take additional steps as appropriate.


Silicon Valley Venture Capitalists Scream for a Bail Out in Reaction to Bank Collapse

Silicon Valley venture capitalists are screaming for a bail out in response to the recent sudden collapse of Silicon Valley Bank — the second-largest bank failure in history, behind the collapse of Washington Mutual at the height of the 2008 financial crisis.


Entrepreneur Joe Lonsdale insisted that he is “opposed to bail outs,” but nonetheless flirted with the idea of one for the Silicon Valley Bank, tweeting, “Am curious if the innovation world is the only part of our economy that doesn’t deserve a depositor bailout?”

“And can’t help but ask how many equivalent aid packages to Ukraine (0.5 of them?) it takes to resolve the crisis impacting thousands of promising US technology companies,” he added.

In a follow-up tweet, Lonsdale added, “To clarify — I’m opposed to bail outs, and it’s crazy that well-connected-to-DC debt-holders and even equity of banks got bailed out in 2008 (although I understood actions to protect depositors in that crisis).”

Andreessen Horowitz CEO Ben Horowitz retweeted a student who responded to a tweet that read, “Venture capitalists should not be bailed out by taxpayers,” and, “This is the dumbest most insensitive shit I read all day.”

“There are small companies that can’t make payroll. The domino effect to employees is crushing,” venture capitalist Sara Ledterman argued in response to the tweet that read.

Meanwhile, Nanxi Liu, the CEO and cofounder of the digital signage software company Enplug, went as far as to say that a Silicon Valley Bank bailout “would cost the taxpayers nothing,” and would even “make taxpayers money.”

“SVB bailout is COMPLETELY different than bailouts of 2008. Fed stepping in to help depositors would cost the taxpayers nothing, in fact, it would make taxpayers money,” Liu said.

“Gotta disagree with you on this one,” Every Inc. cofounder and president Nathan Baschez reacted in response to the anti-bailout tweet.

“Dunking on VCs is fine but totally misguided,” AirTree partner John Henderson tweeted. “The people who suffer the most here will be the employees of startups who may or may not be able to make payroll.”

“As an industry we don’t focus enough on how we’re perceived outside the industry,” entrepreneur Erik Torenberg commented. “Seeing people misunderstand and blame tech in our moment of need is a wake-up call for us to focus on nailing our external messaging.”

“Less apologizing, more persuading,” he added.

“‘good! let em burn!’ the problem is that if SVB’s depositors get wiped out, all the regional banks are next, because there’s ~no downside in moving cash to a GSIB, and massive downside in staying,” Stedi founder and CEO Zack Kanter wrote.

“so, SVB can’t be sold, can’t be bailed out, and can’t be left to fail. a pickle,” Kanter added.

“One of the stupidest takes I’ve ever seen,” Litquidity Capital founder wrote, claiming, “Bailing out SVB would be to help thousands of startups survive and keep hundreds of thousands of people employed.”

You can follow Alana Mastrangelo on Facebook and Twitter at @ARmastrangelo, and on Instagram.


UK Mulling Bailout for Tech Firms After Silicon Valley Bank Collapse

Authorities in the United Kingdom are considering a possible bailout for tech firms after the collapse of the British branch of the Silicon Valley Bank.

Jeremy Hunt, the Chancellor of the Exchequer, is reportedly mulling a possible bailout for tech firms and startups affected by the collapse of the Silicon Valley Bank UK, a subsidiary of America’s Silicon Valley Bank (SVB).

The failure of SVB represents the second-largest failure of a bank in U.S. history, only beaten out by the collapse of Washington Mutuals during the 2008 financial crisis.

According to a report by the BBC, there is now significant fear about the knock-on effect the bank’s collapse could have on startups in Britain, with many firms set to lose large sums of money after the Bank of England declared that SVB UK would enter insolvency on Friday.

As a result, the Treasury is now reportedly aiming to offset the damage done by the bank’s collapse, with Hunt telling the public broadcaster that authorities are considering various ways of rescuing the tech firms affected.

One such rescue plan even involves providing an emergency cash lifeline for companies hit by SVB going under.

“We want to find a way that minimises or avoids all losses to those incredibly promising [firms],” the Chancellor said, arguing that while the impact on the United Kingdom’s overall economy is expected to be minimal, SVB’s collapse would nevertheless risk wiping out many of the country’s budding tech enterprises.

Meanwhile, the Treasury is reportedly putting plans in place to meet the immediate needs of the firms affected by the crisis, with a statement made early Sunday morning emphasising that the entire British government were taking the matter seriously.

“The government is treating this issue as a high priority, with discussions between the Governor of the Bank of England, the Prime Minister and the Chancellor taking place over the weekend,” the statement read.

“The government is working at pace on a solution to avoid or minimise damage to some of our most promising companies in the UK and we will bring forward immediate plans to ensure the short term operational and cashflow needs of Silicon Valley Bank UK customers are able to be met,” they added.

SVB’s collapse has left many working within the realms of tech and venture capital in shock, with the bank seemingly going from a rock-steady financial institution to a car wreck in a matter of days.

The bank’s collapse has also reportedly left many major tech companies in the lurch, with some major multinationals having bank balances numbering in the hundreds of millions within SVB at the time it went under.

There also appears to be some fears that SVB may not be the end of the story, with Reuters reporting European bank stocks falling amid fears regarding the crisis.

“The market is treating this as a potential contagion risk,” one strategist explained. “It makes sense to me that a remote probability of a U.S. banking system-wide crisis should also come with a small probability of contagion to Europe.”

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Elon Musk Claims He Is ‘Open to the Idea’ of Buying Silicon Valley Bank

Elon Musk Claims He Is ‘Open to the Idea’ of Buying Silicon Valley Bank

Elon Musk, the CEO of Tesla and new owner of Twitter, recently stated that he is “open to the idea” of purchasing Silicon Valley Bank (SVB), which U.S. regulators shut down Friday due to a run on deposits.

Business Insider reports that in a recent reply to a tweet, Twitter owner and Tesla CEO Elon Musk stated that he was “open to the idea” of purchasing Silicon Valley Bank after the financial institution was shut down by U.S. regulator due to a run on deposits by customers. While some social media users have supported the idea, Tesla investors expressed reservations.

SANTA CLARA, CALIFORNIA - MARCH 10: People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California. Silicon Valley Bank was shut down on Friday morning by California regulators and was put in control of the U.S. Federal Deposit Insurance Corporation. Prior to being shut down by regulators, shares of SVB were halted Friday morning after falling more than 60% in premarket trading following a 60% declined on Thursday when the bank sold off a portfolio of US Treasuries and $1.75 billion in shares to cover declining customer deposits. (Photo by Justin Sullivan/Getty Images)

SANTA CLARA, CALIFORNIA – MARCH 10: People line up outside of the shuttered Silicon Valley Bank (SVB) headquarters on March 10, 2023 in Santa Clara, California.  (Photo by Justin Sullivan/Getty Images)

Startup founders started taking money out of SVB on Thursday as a result of the bank’s stock price dropping after it announced a capital raising on Wednesday night. The fact that receivers are now in charge of the bank may cause access to deposits to be severely delayed.

Breitbart News reporter John Carney discussed the situation, writing:

The collapse of Silicon Valley Bank was caused by a massive run on the bank, with customers initiating withdrawals of $42 billion this week.

The bank was placed into Federal Deposit Insurance Corp. receivership on Friday after the California Department of Financial Protection and Innovation (DFPI) determined the bank had been rendered insolvent.

Prior to the run on the bank, the bank was in “sound financial condition,” according to the DFPI. Customers withdrew $42 billion, leaving the bank with a negative cash balance of $958 million.

Here’s the summary of what happened from the DFPI’s order taking possession of the bank:

“On March 8, 2023, the Bank announced a loss of approximately $1.8 billion from a sale of investments (U.S. treasuries and mortgage-backed securities). On March 8, 2023, the Bank’s holding company announced it was conducting a capital raise. Despite the bank being in sound financial condition prior to March 9, 2023, investors and depositors reacted by initiating withdrawals of $42 billion in deposits from the Bank on March 9, 2023, causing a run on the Bank. As of the close of business on March 9, the bank had a negative cash balance of approximately $958 million. Despite attempts from the Bank, with the assistance of regulators, to transfer collateral from various sources, the Bank did not meet its cash letter with the Federal Reserve. The precipitous deposit withdrawal has caused the Bank to be incapable of paying its obligations as they come due, and the bank is now insolvent.”

Prior to its collapse, Silicon Valley Bank was the 16th largest bank by assets in the U.S. Federal Reserve data shows the bank had $209 billion in assets as of December 31, 2022.

Min-Liang Tan, cofounder and CEO of Razer, a company that sells gaming computers and peripherals, tweeted: “I think Twitter should buy SVB and become a digital bank.” Musk responded: “I’m open to the idea.”

One Twitter user was supportive of the idea, stating “what an opportunity.” But another Twitter user and Tesla investor named Sanjay, whose Twitter profile describes him as a  “Tesla customer and investor, bull and Elon fan,” stated: “And sell another $20 billion worth of $Tesla stock. No thanks!”

The share price of Tesla was negatively impacted by Musk’s series of sales of Tesla stock last year to pay for his purchase of Twitter. He sold stock for $8.5 billion in April, $6.9 billion in August, $3.95 billion in November, and $3.6 billion in December, for a total of nearly $23 billion.

Read more at Business Insider here.

Lucas Nolan is a reporter for Breitbart News covering issues of free speech and online censorship. Follow him on Twitter @LucasNolan


Trump Tech Expert Adam Candeub: Antitrust Bills Could Strengthen Govt-Tech Censorship

Trump Tech Expert Adam Candeub: Antitrust Bills Could Strengthen Govt-Tech Censorship

Prof. Adam Candeub, who led President Trump’s efforts to reinterpret Section 230 of the Communications Decency Act (CDA), Big Tech’s “get-out-jail-free card” in censorship lawsuits, warned the House Judiciary Committee that some bipartisan antitrust efforts could empower the federal government and Silicon Valley’s axis of censorship.

The Twitter Files, together with lawsuits filed by red states, reveal the federal government’s deep involvement in fostering social media censorship. In his remarks before the Judiciary Committee, Candeub warned against giving the federal government more power to pressure tech companies.

Sundar Pichai CEO of Google ( Carsten Koall /Getty)

In comments before the committee this week, Candeub took particular aim at the American Innovation and Choice Online Act (AICOA), saying it would give the Federal Trade Commission (FTC) and Department of Justice (DOJ) a “very big stick” to wield against the tech companies.

“As the Twitter files reveal, government’s power over Big Tech can have bad effects on free speech. In today’s information economy a few platforms have enormous power over public and private conversation, professional journalism and citizen debate and engagement,” said Candeub.

“As we have seen, government can too easily apply pressure to have the platforms silence speech it doesn’t like. The American Innovation and Choice Online Act, with its vague terms and discretionary and exclusive governmental enforcement, simply adds to the available pressure government can employ on the major internet platforms to silence government’s critics.”

Adam Kovacevich, the former Google public policy stooge who now uses his clout with Democrats to oppose tech regulation, misrepresented Candeub’s comments as an argument that AICOA will reduce the potential for platform censorship.

Candeub confirmed that Kovacevich twisted his words, telling Breitbart News that Kovacevich’s characterization of his comments were the “exact opposite” of his actual argument on AICOA.

Not all efforts to rein in Big Tech rest on handing power to the federal government. Candeub has praised a law from the state of Texas, passed in 2021, which uses the courts as a mechanism of enforcement against Big Tech censorship.

The bill grants a private right of action to social media users, allowing them to sue tech companies for wrongfully terminating their accounts or otherwise censoring them. Big Tech’s lobbyists are fighting to kill the bill in the courts.

Allum Bokhari is the senior technology correspondent at Breitbart News. He is the author of #DELETED: Big Tech’s Battle to Erase the Trump Movement and Steal The Election.



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