I regularly engage with people who challenge my views—Kathleen, Tony, and Matt come to mind. We don’t always agree, and that’s a good thing. Thoughtful disagreement is where real learning happens, and I genuinely value those conversations.
In the past, I also had productive dialogues with Kevin, Matthew, Sequim Native, Powder Monkey, Ixodes, Sumgui, and others. Unfortunately, those interactions changed when the tone shifted from disagreement to personal attacks. That’s a boundary for me. When the discussion turns disrespectful or becomes personal, it signals to me that the constructive dialogue has run its course.
It’s not about feeling offended—it's about recognizing when a conversation is no longer in good faith. Disagreement is welcome; disrespect is not. No one here is obligated to engage with that kind of behavior, and I’m choosing not to.
Ms. Teresa, I have wanted to ask about your distinctive K.A.T-style of commenting. The clipped cadence, the spaced sentencing, and the emojis just feel intentional. What inspired you to create that format? Actually it was you who influenced me the last time I commented. And did you mean to reply to your own comment informing all of us about locally owned, never been publicly traded Kitsap Bank?
I’m just asking since I have observed some commenters that share a similarity in their writing styles. Even a recent comment that has seemed to replicate Jeff’s style but in reverse: Questions that aren’t just posed at the political or charitable organisations of Clallam county but at the citizens themselves. It is a welcomed reprieve from stories about acronyms, and non-plain reading of the duties of the Director of the Department of Community Development, or the intentional misunderstanding of phrases like “undisclosed recipients” mean within the nexus of emails.
A recent Port Angeles City Council candidate - also active in these comment sections - during a LWV sponsored forum proposed replacing the city’s outdated and expensive ad strategy with teenagers using AI prompts, before quickly pivoting to short-form content found on Instagram or Snapchat. It seemed out of touch to imply that a new teen hobby is ordering around large language models. However innocent as that response may have been, only by lapsus does it reveal additional questions about who among these readers, and this polyphony of concern, is strictly a reader and who, by role in relation to the blog post and the discussion below, serves as an undeclared author. That is to say that there is more than one hand playing multiple instruments behind the curtain.
And that’s where things get murky. Remember the above, and how a few months ago the conductor himself, Jeff (or “Jeff”?) was caught in the comment section using a large language model to generate an opinion on a topic that ostensibly he should already have had a persuasive view on. When someone uses a large language model to shape public-facing opinion - without saying so - it starts to cross ethical lines. More so than who is on what board while being a county employee, where a county commissioner is going on vacation, and definitely larger than “who framed Roger Rabbit?” even though Jeff and Judge Doom played by Christopher Lloyd do have a passing resemblance and similar voice. However, to have a voice that presents itself as a kind of truth-teller, watchdog, and a pamphleteer like Thomas Paine - who actually wrote his own material therefore demonstrates transparent authorship, and contextual clarity eg. not parsing quotes, fabrication, or claims of technical limitations to his peers - is to betray that tradition when one leans on algorithms, and insinuation hidden behind hyphens.
Paine did not cut and paste. His process was pen to paper, and ink to press - a man of the Enlightenment. He made a claim and backed it up within context. Here on CCW on the other hand, assertions arrive predressed in questions, sources are speculation themselves, and rather than an argument the author drapes it in plausible deniability - “can you cut and paste where I wrote that”? Where Paine risked his well being, livelihood, and exile during a time of revolution, Jeff risks nothing where The First* Amendment protects him and his wealth secludes him, but he does risk other people’s trust especially post by post, then engineered comment and in turn influenced comment, until no institution remains solid enough. But ain’t that the point?
That’s the crux of the issue. When Jeff asked why journalists shouldn’t be public officials, he was just asking that as a placebo. He didn’t want the actual pill - the answer - because he does not want to perform the elevated duty of transparency he derides others for lacking, but instead has the advantage of proximity to the interface between private citizen and public voice. Egregiously he will refer to his own blog in circular arguments, even linking and citing his own work as “a local blog”. But in this space, when the pathos of the author and commenter align “manufactured consent” is actionable, it is a conspiracy to defraud taxpaying citizens, but when ethos comes calling like Jesus knocking on your door the author & public official, who must ask himself “Am I using my my platform to influence or frame public business?”, he distorts the appearance of consensus or public sentiment by show casing non-representational population survey results with bad methodology, or creating a “Black v White” styled narrative of justice that even The Inner City Mother Goose would have seen through.
People assume elected officials speak with intention and clarity. Therefore to simulate authenticity, particularly in the realm of journalism or civic discourse, is a civic concern because those represented don’t know if they are engaging with the official's ideas or with the simulacrum of them, and it is an ethical concern if that elected official also curates a feedback loop (lets think here… run a blog, get elected, filter dissent, influence a survey or who goes to townhalls then report on that same series of events) the LLM becomes a megaphone with a disguise giving the illusion of public engagement while maintaining centralized control. Now if you have a team doing all this?... A cluster of pseudonyms, stylized commenters, and AI-assisted messaging, throw in a site that only has a like button as a feature (lol you can’t even vote up or down here) It’s social engineering.
Why is it a bad idea for a journalist, or in this case, for a blogger to be a politician? Perhaps hiding the use of opinion making software and performatively using his position as an elective official to drive public discourse away from the tone of Thomas Paine and towards suspicion and dread. Yet instead of invoking reason, Jeff who both resembles and functions within the same mechanics as Indrid Cold appears with dire warnings in a borrowed human tone. Further like Indrid Cold, uncanny and suggestive, he is always near the story but never in it. Then comes the comment section - his garden - where he likes what he likes and who he likes. Here comments that Jeff likes are affirmations of him, ones that play out the fears he has seeded, ones that drop anecdotes adjacent to that day’s story, or echoing suspicions Jeff has barely finished an innuendo for. So why does the commenter, Shennaigans only appear when Jeff has a post about the PDN/Tom Dashiell, the Sequim School District/Jim Stoffer, and now has story about a local bank complete with innuendo about sex parties and quid pro bj for teller-to-exec promotions, and for what reason does your top comment also echo this? And how do you back it up? They “remember” past “scandals” no one can verify or they claim suppression. That’s Q-something
I never thought “Avenue Q” could become a parody of politics, but here we are, watching anonymous avatars with cartoon cadence and emoji puppetry play out moral crises in comment sections. They’re different puppets, a few of the same hands, but the staging’s the same: wide-eyed sincerity, canned outrage, and carefully rehearsed performances of concern, all broadcast through sock puppets with usernames. Except now, the lessons are “everyone’s a little bit grant funded”, it is “everyone’s a little bit taxed except you know who,” “everyone’s a little but unelected but making decisions anyways,” and “truth is local papers probably have stricter ethical guidelines than a blog.” Instead of puppets figuring out big city life, its muppets stitch together audit reports, and planning minutes, convinced they’ve uncovered a plot because three acronyms, the name of commissioner was found on a discarded coffee cup and on the same spread sheet as “home essentials” and “boofing kits”.
Jeff isn’t just directing the show. He’s writing the script, casting himself in the lead, and the extras are playing minor characters AND the audience itself. That’s why collapsing the distinction between press, public, and politicians does not serve the constituency. The result is the short circuiting of discourse, no genuine exchange of ideas or solution - not that Jeff or any of the commenters who failed to be elected have offered any - and certainly no check on power. What looks like engagement is just self-referencing between one man and two walkie talkies, and a lady whose preferred name is surprisingly close to
I sense a theme to your reporting, Jeff: Transparency! If local media would do the same they wouldn't need taxpayer dollars to keep them afloat. Keep up the good work, we need you!
We are witnessing the "Peter Principle" in real time at every level of Clallam County; Government, Schools, Hospital, Charities, and even Banks. The "Peter Principle" is a concept in management stating that employees in a hierarchical organization tend to rise to their "level of incompetence. At every top level in Clallam County the leaders are incompetent.
However, the leader at the tribe seems to be very competent and taking advantage of this fact at every turn.
With no Sam or Pete Haguewood, Jack Del Guzzi, Bill Traylor, and Sam Hurworth to stop him. He had Howard Doherty...and the global consortium bagging his groceries.
Thank you, Jeff, for getting this post out this morning, especially since last night's CRC meeting was 4 hours long. You are right to question the latest moves at FirstFed. People need to know where and how their money is being used. Since I bank there, I essentially loan my money to the bank to invest in opportunities to grow my money. I hope the new leadership is skilled and mindful of our communities' investments.
Thank you Jeff Tozzer for writing this article on such a difficult subject~! Being born into the financial/banking world many decades ago I can say without hesitation that the public face (PR) that the financial industry constantly portrays is FAR from the complete story about what is really going on. Oh, the stories that I could tell ;-) The public will NEVER be allowed to know anything concrete that will/would/could be detrimental to the banks reputation, because of the constant fear that the banks will suffer a loss of customers (deposits). This is also true for all of the stock brokerage companies and all financial businesses where the "trust" of their customers is critical to the solvency of the business. Of course, this is exactly why the general public is so intentionally kept in the dark about what is really happening in these individual financial institutions and the financial industry as a whole nationwide and worldwide! Unfortunately, this intentional systemic refusal of transparency leads to the very customer and general public doubt that these financial institutions and the government regulatory agencies are trying to avoid, which I always thought was ironic foolishness because I believe in public disclosures of material facts so that "we" (the public) can make the best decisions for our own wellbeing. Anyway, I have absolutely no clue what is really going on within the walls of First Fed, nor do I have any real complaints about their operation as I have been a customer of theirs for quite a few years now. Yes, I can criticize the ignorant hysterical behavior of First Fed's management and staff during the height of the obvious COVID plandemic, and I could come up with a couple of complaints about the way that the management designed their operational procedures in some disturbing cases. However, overall, I am satisfied with my experience as a customer there. I would however like to add that one very possible reason that "we" are seeing major changes with First Fed COULD have something to do with the new Quantum Starlink national and worldwide financial system "upgrades" in the banking & financial business model that are directly related to the very positive transition from the old ("Swift") system, to the far faster, less predatorial, less expensive, and infinitely more secure new "Quantum Starlink" system. There are a number of new requirements that banks must adhere to now, that are required for them to be allowed to keep their doors open. You and some here on The Watchdog may know some of these new standards that ALL banks will be required to meet as the "Basel III" International requirements that are now intended to strengthen the banking/financial industry~! One of the most significant new requirements of ALL banks directly relates to the % of customer deposits that banks must retain to better secure their liquidity, as I understand it. This is VERY important because banks have over the years manipulated the banking regulations to the dangerous point where they have had dangerously small percentages of their customers deposits "on hand" in case of any individual bank or systemic banking/financial industry failures. With the past "too big to fail" crime spree of the federal government and banking/financial industry, which created a VERY dangerous lack of accountability for bad government and financial industry behavior, the new Basel III regulations will be a step in the right direction. Much of the turmoil that "we" have seen in the financial industry over the past few years is directly related to this transition into the new global financial system. We should see more evidence of this transition going forward, and possibly some real public disclosures from the government in due time. Everyone should be on the lookout for the release of the new 100% asset backed US "Treasury Notes" that have long been reported to soon replace the old fiat "dollars" that are still in circulation, because when that happens "we" (Americans) are hopefully going to see many great and positive changes~! Have a great day~! Sincerely, Mike
Are you intimating that 'woke' 'leftist' 'NWO' insanity has penetrated the hallowed halls of finance?
Say it isn't so!😱
The collapse/reorganization we are about to witness is going to be stunning and I don't have the faith that Mike Heath has that it's all going to be for the good.
All businesses have an equal opportunity to be mismanaged. And my apologies to all of you that may be offended by this link but to paraphrase the late great Flip Wilson "The Devil Made Me Do It"
In a more serious vein the last 5 years with Covid, Inflation, high interest rates for residential building and virtually no one refinancing existing low rate mortages and then add in the State of Washington and Clallam County being less than pro business it has to be a difficult time to be a small regional bank. When I moved here 8 years ago I contracted with First Fed to do a construction loan to build a modest home with a local builder. It got all botched up due to an inept appraiser. Wasn't their fault directly. But they didn't bring any practical solutions to the table either. I found an Agricultural Credit Union that was experienced in land/home lending and their business model was more in tune with what I was trying to accomplish.
A few years ago a group of us were canvassing based on extremely large amounts of very small campaign donations over a limited period, as reported to the FEC. One of these donors (an elderly lady) actually did make thousands of small donations because her local bank gave her cash points EVERY TIME she used her bank debit card. That was one smart lady; she made some serious cash until the bank figured out their blunder and cut off the promotion.
Imagine the amount of money that is exchanged for incompetence. $250.00 an hour to “ help with transition”. Per hour! I’m appalled at the outlandish amount of money and alleged unethical behaviors that persist among the highly paid while the majority of workers scrape along at hourly wages keeping them in semi-poverty.
Yeah....if you look deeper into this you will realize the rabbit hole is super deep. Like Levon Matthews and the employees who's vehicles were camped outside his house often, even though they were married or in relationships. Then he offed himself at a rest stop when busted for prostitution. There is a reason people went from teller to cush executive positions at first federal when they were not qualified in the least.
The comparative performance chart with other area banks is concerning. I was politically motivated to move my banking away from Chase because of their de-banking of "pandemic" related disinformation spreaders who history has now proven to be truth tellers. I did no due diligence in selecting First Fed, relying only upon a local motivation. Because of First Fed's history and local roots I am hoping it can make a success of it's area prominence.
I would “re-think” the word integrity when writing about this Bank.
They did a HUGE firing last year.
Also,
They did a huge firing about 17 years ago.
In addition to the firing, they “Replaced” a CEO with “Levon Matthews”
Remember him?
(CEO Karen, gingerly “stepped down” to spend more time with her grandkids..
(2012ish?)
- Flash forward about 3-4 years, Levon moved home, back east… quit the bank..
His MO was to fix dying banks to take them public.
Then “suicided” after being charged with prostitution.
You are on to something.
You are the investigator.
Keep investigating this.💥
Justice.
🙏🏼
Hi Kevin,
Thank you for this comment.
I’m uncertain how to process this note.. a little bit.. 🙃
I will agree with you on Jeff’s Substack candor.
There is NO engagement from him unless he is getting props.
You asked how I came up with this type of writing?
Empirical Life Experience.
I am a mother and a grandmother, I don’t put up with crap.
I have been everywhere, worked everywhere, know many people… i hate assholes.
Transparency is key.
I see and agree, walkie talkie… me & me.
Likes, comments… etc.
I see what is happening.
And, the bank.
I know about the bank.
That is all i can say.
💥
Thank you for taking the time..
Thomas Paine.😊
I regularly engage with people who challenge my views—Kathleen, Tony, and Matt come to mind. We don’t always agree, and that’s a good thing. Thoughtful disagreement is where real learning happens, and I genuinely value those conversations.
In the past, I also had productive dialogues with Kevin, Matthew, Sequim Native, Powder Monkey, Ixodes, Sumgui, and others. Unfortunately, those interactions changed when the tone shifted from disagreement to personal attacks. That’s a boundary for me. When the discussion turns disrespectful or becomes personal, it signals to me that the constructive dialogue has run its course.
It’s not about feeling offended—it's about recognizing when a conversation is no longer in good faith. Disagreement is welcome; disrespect is not. No one here is obligated to engage with that kind of behavior, and I’m choosing not to.
Ms. Teresa, I have wanted to ask about your distinctive K.A.T-style of commenting. The clipped cadence, the spaced sentencing, and the emojis just feel intentional. What inspired you to create that format? Actually it was you who influenced me the last time I commented. And did you mean to reply to your own comment informing all of us about locally owned, never been publicly traded Kitsap Bank?
I’m just asking since I have observed some commenters that share a similarity in their writing styles. Even a recent comment that has seemed to replicate Jeff’s style but in reverse: Questions that aren’t just posed at the political or charitable organisations of Clallam county but at the citizens themselves. It is a welcomed reprieve from stories about acronyms, and non-plain reading of the duties of the Director of the Department of Community Development, or the intentional misunderstanding of phrases like “undisclosed recipients” mean within the nexus of emails.
A recent Port Angeles City Council candidate - also active in these comment sections - during a LWV sponsored forum proposed replacing the city’s outdated and expensive ad strategy with teenagers using AI prompts, before quickly pivoting to short-form content found on Instagram or Snapchat. It seemed out of touch to imply that a new teen hobby is ordering around large language models. However innocent as that response may have been, only by lapsus does it reveal additional questions about who among these readers, and this polyphony of concern, is strictly a reader and who, by role in relation to the blog post and the discussion below, serves as an undeclared author. That is to say that there is more than one hand playing multiple instruments behind the curtain.
And that’s where things get murky. Remember the above, and how a few months ago the conductor himself, Jeff (or “Jeff”?) was caught in the comment section using a large language model to generate an opinion on a topic that ostensibly he should already have had a persuasive view on. When someone uses a large language model to shape public-facing opinion - without saying so - it starts to cross ethical lines. More so than who is on what board while being a county employee, where a county commissioner is going on vacation, and definitely larger than “who framed Roger Rabbit?” even though Jeff and Judge Doom played by Christopher Lloyd do have a passing resemblance and similar voice. However, to have a voice that presents itself as a kind of truth-teller, watchdog, and a pamphleteer like Thomas Paine - who actually wrote his own material therefore demonstrates transparent authorship, and contextual clarity eg. not parsing quotes, fabrication, or claims of technical limitations to his peers - is to betray that tradition when one leans on algorithms, and insinuation hidden behind hyphens.
Paine did not cut and paste. His process was pen to paper, and ink to press - a man of the Enlightenment. He made a claim and backed it up within context. Here on CCW on the other hand, assertions arrive predressed in questions, sources are speculation themselves, and rather than an argument the author drapes it in plausible deniability - “can you cut and paste where I wrote that”? Where Paine risked his well being, livelihood, and exile during a time of revolution, Jeff risks nothing where The First* Amendment protects him and his wealth secludes him, but he does risk other people’s trust especially post by post, then engineered comment and in turn influenced comment, until no institution remains solid enough. But ain’t that the point?
That’s the crux of the issue. When Jeff asked why journalists shouldn’t be public officials, he was just asking that as a placebo. He didn’t want the actual pill - the answer - because he does not want to perform the elevated duty of transparency he derides others for lacking, but instead has the advantage of proximity to the interface between private citizen and public voice. Egregiously he will refer to his own blog in circular arguments, even linking and citing his own work as “a local blog”. But in this space, when the pathos of the author and commenter align “manufactured consent” is actionable, it is a conspiracy to defraud taxpaying citizens, but when ethos comes calling like Jesus knocking on your door the author & public official, who must ask himself “Am I using my my platform to influence or frame public business?”, he distorts the appearance of consensus or public sentiment by show casing non-representational population survey results with bad methodology, or creating a “Black v White” styled narrative of justice that even The Inner City Mother Goose would have seen through.
People assume elected officials speak with intention and clarity. Therefore to simulate authenticity, particularly in the realm of journalism or civic discourse, is a civic concern because those represented don’t know if they are engaging with the official's ideas or with the simulacrum of them, and it is an ethical concern if that elected official also curates a feedback loop (lets think here… run a blog, get elected, filter dissent, influence a survey or who goes to townhalls then report on that same series of events) the LLM becomes a megaphone with a disguise giving the illusion of public engagement while maintaining centralized control. Now if you have a team doing all this?... A cluster of pseudonyms, stylized commenters, and AI-assisted messaging, throw in a site that only has a like button as a feature (lol you can’t even vote up or down here) It’s social engineering.
Why is it a bad idea for a journalist, or in this case, for a blogger to be a politician? Perhaps hiding the use of opinion making software and performatively using his position as an elective official to drive public discourse away from the tone of Thomas Paine and towards suspicion and dread. Yet instead of invoking reason, Jeff who both resembles and functions within the same mechanics as Indrid Cold appears with dire warnings in a borrowed human tone. Further like Indrid Cold, uncanny and suggestive, he is always near the story but never in it. Then comes the comment section - his garden - where he likes what he likes and who he likes. Here comments that Jeff likes are affirmations of him, ones that play out the fears he has seeded, ones that drop anecdotes adjacent to that day’s story, or echoing suspicions Jeff has barely finished an innuendo for. So why does the commenter, Shennaigans only appear when Jeff has a post about the PDN/Tom Dashiell, the Sequim School District/Jim Stoffer, and now has story about a local bank complete with innuendo about sex parties and quid pro bj for teller-to-exec promotions, and for what reason does your top comment also echo this? And how do you back it up? They “remember” past “scandals” no one can verify or they claim suppression. That’s Q-something
I never thought “Avenue Q” could become a parody of politics, but here we are, watching anonymous avatars with cartoon cadence and emoji puppetry play out moral crises in comment sections. They’re different puppets, a few of the same hands, but the staging’s the same: wide-eyed sincerity, canned outrage, and carefully rehearsed performances of concern, all broadcast through sock puppets with usernames. Except now, the lessons are “everyone’s a little bit grant funded”, it is “everyone’s a little bit taxed except you know who,” “everyone’s a little but unelected but making decisions anyways,” and “truth is local papers probably have stricter ethical guidelines than a blog.” Instead of puppets figuring out big city life, its muppets stitch together audit reports, and planning minutes, convinced they’ve uncovered a plot because three acronyms, the name of commissioner was found on a discarded coffee cup and on the same spread sheet as “home essentials” and “boofing kits”.
Jeff isn’t just directing the show. He’s writing the script, casting himself in the lead, and the extras are playing minor characters AND the audience itself. That’s why collapsing the distinction between press, public, and politicians does not serve the constituency. The result is the short circuiting of discourse, no genuine exchange of ideas or solution - not that Jeff or any of the commenters who failed to be elected have offered any - and certainly no check on power. What looks like engagement is just self-referencing between one man and two walkie talkies, and a lady whose preferred name is surprisingly close to
"mimic".
*Change Second to First, because I goofed.
I sense a theme to your reporting, Jeff: Transparency! If local media would do the same they wouldn't need taxpayer dollars to keep them afloat. Keep up the good work, we need you!
We are witnessing the "Peter Principle" in real time at every level of Clallam County; Government, Schools, Hospital, Charities, and even Banks. The "Peter Principle" is a concept in management stating that employees in a hierarchical organization tend to rise to their "level of incompetence. At every top level in Clallam County the leaders are incompetent.
However, the leader at the tribe seems to be very competent and taking advantage of this fact at every turn.
The latter to a degree. Greed in Clallam county has its own Sam Bankman-Fried.
Thank you Jeff for your excellent investigative writing!
Yes. Grudging respect for Ron Allen's ability to bring it home for his interests.
With no Sam or Pete Haguewood, Jack Del Guzzi, Bill Traylor, and Sam Hurworth to stop him. He had Howard Doherty...and the global consortium bagging his groceries.
Good article. Thanks Jeff!
Thank you, Jeff, for getting this post out this morning, especially since last night's CRC meeting was 4 hours long. You are right to question the latest moves at FirstFed. People need to know where and how their money is being used. Since I bank there, I essentially loan my money to the bank to invest in opportunities to grow my money. I hope the new leadership is skilled and mindful of our communities' investments.
Very well written, Jeff.
Thank you Jeff Tozzer for writing this article on such a difficult subject~! Being born into the financial/banking world many decades ago I can say without hesitation that the public face (PR) that the financial industry constantly portrays is FAR from the complete story about what is really going on. Oh, the stories that I could tell ;-) The public will NEVER be allowed to know anything concrete that will/would/could be detrimental to the banks reputation, because of the constant fear that the banks will suffer a loss of customers (deposits). This is also true for all of the stock brokerage companies and all financial businesses where the "trust" of their customers is critical to the solvency of the business. Of course, this is exactly why the general public is so intentionally kept in the dark about what is really happening in these individual financial institutions and the financial industry as a whole nationwide and worldwide! Unfortunately, this intentional systemic refusal of transparency leads to the very customer and general public doubt that these financial institutions and the government regulatory agencies are trying to avoid, which I always thought was ironic foolishness because I believe in public disclosures of material facts so that "we" (the public) can make the best decisions for our own wellbeing. Anyway, I have absolutely no clue what is really going on within the walls of First Fed, nor do I have any real complaints about their operation as I have been a customer of theirs for quite a few years now. Yes, I can criticize the ignorant hysterical behavior of First Fed's management and staff during the height of the obvious COVID plandemic, and I could come up with a couple of complaints about the way that the management designed their operational procedures in some disturbing cases. However, overall, I am satisfied with my experience as a customer there. I would however like to add that one very possible reason that "we" are seeing major changes with First Fed COULD have something to do with the new Quantum Starlink national and worldwide financial system "upgrades" in the banking & financial business model that are directly related to the very positive transition from the old ("Swift") system, to the far faster, less predatorial, less expensive, and infinitely more secure new "Quantum Starlink" system. There are a number of new requirements that banks must adhere to now, that are required for them to be allowed to keep their doors open. You and some here on The Watchdog may know some of these new standards that ALL banks will be required to meet as the "Basel III" International requirements that are now intended to strengthen the banking/financial industry~! One of the most significant new requirements of ALL banks directly relates to the % of customer deposits that banks must retain to better secure their liquidity, as I understand it. This is VERY important because banks have over the years manipulated the banking regulations to the dangerous point where they have had dangerously small percentages of their customers deposits "on hand" in case of any individual bank or systemic banking/financial industry failures. With the past "too big to fail" crime spree of the federal government and banking/financial industry, which created a VERY dangerous lack of accountability for bad government and financial industry behavior, the new Basel III regulations will be a step in the right direction. Much of the turmoil that "we" have seen in the financial industry over the past few years is directly related to this transition into the new global financial system. We should see more evidence of this transition going forward, and possibly some real public disclosures from the government in due time. Everyone should be on the lookout for the release of the new 100% asset backed US "Treasury Notes" that have long been reported to soon replace the old fiat "dollars" that are still in circulation, because when that happens "we" (Americans) are hopefully going to see many great and positive changes~! Have a great day~! Sincerely, Mike
Field Hall donations in the millions.
Thousands for Christmas trees.
Rolling lay-offs.
Promised bonuses revoked.
Bleeding leadership.
Great community member.
Are you intimating that 'woke' 'leftist' 'NWO' insanity has penetrated the hallowed halls of finance?
Say it isn't so!😱
The collapse/reorganization we are about to witness is going to be stunning and I don't have the faith that Mike Heath has that it's all going to be for the good.
I hope I'm wrong and will be glad of it if I am.
Enjoy the 🎭😊
All businesses have an equal opportunity to be mismanaged. And my apologies to all of you that may be offended by this link but to paraphrase the late great Flip Wilson "The Devil Made Me Do It"
https://m.youtube.com/watch?v=9FHSIdV4_Nw&pp=0gcJCfwAo7VqN5tD
In a more serious vein the last 5 years with Covid, Inflation, high interest rates for residential building and virtually no one refinancing existing low rate mortages and then add in the State of Washington and Clallam County being less than pro business it has to be a difficult time to be a small regional bank. When I moved here 8 years ago I contracted with First Fed to do a construction loan to build a modest home with a local builder. It got all botched up due to an inept appraiser. Wasn't their fault directly. But they didn't bring any practical solutions to the table either. I found an Agricultural Credit Union that was experienced in land/home lending and their business model was more in tune with what I was trying to accomplish.
I hadn't seen that Kamalaism. Thanks for sharing.
Kitsap Bank is the only “Local hometown” Bank locally.
I believe Port Orchard is where it was born.
Not publicly traded.
Made in the USA.
Good to know.👍🏼
My opinion,
Banks need to stop giving “freebees” away.
You are paying for your “freebees”.
So am I.
😊
I bank there. Good service. Lots of freebies for Seniors.
THANKS T!😊
A few years ago a group of us were canvassing based on extremely large amounts of very small campaign donations over a limited period, as reported to the FEC. One of these donors (an elderly lady) actually did make thousands of small donations because her local bank gave her cash points EVERY TIME she used her bank debit card. That was one smart lady; she made some serious cash until the bank figured out their blunder and cut off the promotion.
Excellent research!
Imagine the amount of money that is exchanged for incompetence. $250.00 an hour to “ help with transition”. Per hour! I’m appalled at the outlandish amount of money and alleged unethical behaviors that persist among the highly paid while the majority of workers scrape along at hourly wages keeping them in semi-poverty.
I might need to get into banking :)
I’d like to earn $250.00 an hour. If you get into banking, may I get a job? I’d work for half that amount per hour.
You're hired. I just need to find a grant to pay our salaries :)
🤔 there must be something that needs saving…
Not just incompetence...Evil!~
The god of this world!😳
Basically, you have these passive-aggressive government salesmen playing grabass with public money. Bring back leaders of men and women.
I'm trying to visualize it but it's not easy having never experienced it myself!😎
Yeah....if you look deeper into this you will realize the rabbit hole is super deep. Like Levon Matthews and the employees who's vehicles were camped outside his house often, even though they were married or in relationships. Then he offed himself at a rest stop when busted for prostitution. There is a reason people went from teller to cush executive positions at first federal when they were not qualified in the least.
It's ubiquitous. We are a lost society...futuristic apocalypse movies are coming to life!
I guess 'levon' got a good rest at the 'rest stop'!
One down and innumerable ones to go!😇
💥🧹
The comparative performance chart with other area banks is concerning. I was politically motivated to move my banking away from Chase because of their de-banking of "pandemic" related disinformation spreaders who history has now proven to be truth tellers. I did no due diligence in selecting First Fed, relying only upon a local motivation. Because of First Fed's history and local roots I am hoping it can make a success of it's area prominence.
Not with NWO/DEI/Puppet hires they won't!😊
Maybe Commissioner Ozias could recommend some county funds to help them, right after the PDN & SG get theirs.
Not funny MK!🤣