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Bank failures pointing to a recession?

They sure did but that wasn't the problem.

As friggin Ray pointed out, HP Morgan only has 2 investment bankers.


Inflation is good for banks. It's when the fed steps in to correct that the problem starts.

Banks take in money from depositors and then lend and invest it. But the rate you and me get is not what they charge the idiot with a 550 credit score for a loan and certainly not the return they get from the things they invest in. All s bank has to do is get a little Vegas with loans or investment to get in trouble.

This was a bank in silicon valley in California. It's all highly educated tech hippies.

If I wanted California tech hippies to invest in my bank, I'd put minorities and alphabet community folks on my board and big colorful advertising of all the diversive and inclusive things my bank does for the community. Is it because I believe in any of that? Absolutely not, it's because the community is a majority of people who love that horseshit and I want their money.



Sweet Aunt Sally do you have this as a macro or something


You do see that. All the time. What happens normally is not a damn thing.

Every single one of the board members was rich and every single one of them was heavily invested in the bank. Take the name of anyone on that list and Google the their name plus insider trading and it will tell you how heavily invested they were in sub by share and dollar value.

They went bust by for the same reason all banks go bust, making risky investments designed to make their investors, in this case themselves as much money as possible. Did they make some mistakes? Clearly. But these banks do that all the time, and don't get caught because they cover. What caused the run was the depositors all wanted out at once and when that happens, any bank in high risk investments goes bust.

I'm perfectly willing to dump the blame on woke bullshit but this ain't the cause in this one case.
This is 🔥
 
If you don't believe that the definition of the word woke has evolved...evolved since conservatives invented the word according to some people...then God bless you kalim.

The word woke neither scares me or bothers me. Some of the ridiculous ideas of people in this administration and across certain business and community leadership absolutely bothers me.

US Assistant Secretary for Health, "Rachel" Levine, promised that changing children's genders will soon be normalized. Yep...that one bothers me. I don't need anyone to try to use a word like woke to scare me about that screwed up goal.


Spin this however you see fit. The word woke doesn't scare anyone. The freakish ideas behind it do.
Some states are making it illegal as we type here. Not much the tranny can do about that.
 
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Some states are making it illegal as we type here. Not much the tranny can do about that.

Levines ideas from that speech absolutely define incrementalism btw.

He never says the word but that was absolutely his point. "It's a political minefield now...but the wheels will turn."

He's talking about children...disgusting.
 
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They sure did but that wasn't the problem.

As friggin Ray pointed out, HP Morgan only has 2 investment bankers.


Inflation is good for banks. It's when the fed steps in to correct that the problem starts.

Banks take in money from depositors and then lend and invest it. But the rate you and me get is not what they charge the idiot with a 550 credit score for a loan and certainly not the return they get from the things they invest in. All s bank has to do is get a little Vegas with loans or investment to get in trouble.

This was a bank in silicon valley in California. It's all highly educated tech hippies.

If I wanted California tech hippies to invest in my bank, I'd put minorities and alphabet community folks on my board and big colorful advertising of all the diversive and inclusive things my bank does for the community. Is it because I believe in any of that? Absolutely not, it's because the community is a majority of people who love that horseshit and I want their money.



Sweet Aunt Sally do you have this as a macro or something


You do see that. All the time. What happens normally is not a damn thing.

Every single one of the board members was rich and every single one of them was heavily invested in the bank. Take the name of anyone on that list and Google the their name plus insider trading and it will tell you how heavily invested they were in sub by share and dollar value.

They went bust by for the same reason all banks go bust, making risky investments designed to make their investors, in this case themselves as much money as possible. Did they make some mistakes? Clearly. But these banks do that all the time, and don't get caught because they cover. What caused the run was the depositors all wanted out at once and when that happens, any bank in high risk investments goes bust.

I'm perfectly willing to dump the blame on woke bullshit but this ain't the cause in this one case.
I agree. But what these clowns did is similar to buying FTX on margin, investing in woke even more of horrible bet. I still remember the good ole days of paper slips arriving in the mail, MARGIN CALL!!! :oops:
 
They sure did but that wasn't the problem.

As friggin Ray pointed out, HP Morgan only has 2 investment bankers.


Inflation is good for banks. It's when the fed steps in to correct that the problem starts.

Banks take in money from depositors and then lend and invest it. But the rate you and me get is not what they charge the idiot with a 550 credit score for a loan and certainly not the return they get from the things they invest in. All s bank has to do is get a little Vegas with loans or investment to get in trouble.

This was a bank in silicon valley in California. It's all highly educated tech hippies.

If I wanted California tech hippies to invest in my bank, I'd put minorities and alphabet community folks on my board and big colorful advertising of all the diversive and inclusive things my bank does for the community. Is it because I believe in any of that? Absolutely not, it's because the community is a majority of people who love that horseshit and I want their money.


They went bust by for the same reason all banks go bust, making risky investments designed to make their investors, in this case themselves as much money as possible. Did they make some mistakes? Clearly. But these banks do that all the time, and don't get caught because they cover. What caused the run was the depositors all wanted out at once and when that happens, any bank in high risk investments goes bust.

I'm perfectly willing to dump the blame on woke bullshit but this ain't the cause in this one case.


I don't agree with EvilWayz 100% but he is right about the cause in this one case...

What do I disagree with?
The tech industry customers of SVB are a bunch of Libertarians who become Socialists when they lose money

#1 example?
Peter Thiel

https://www.ft.com/content/7bc11176-293c-4a89-bb3e-686a6d4d9623

Peter Thiel had $50mn in Silicon Valley Bank when it went under​

Prominent investor’s Founders Fund among those that had warned about US bank’s risks ahead of its collapse

Peter Thiel said he had $50mn in Silicon Valley Bank when it went under, even after his venture fund warned portfolio companies that the tech-focused lender was at risk.

The veteran technology founder and investor was widely blamed for precipitating a bank run in which depositors tried to pull more than $40bn in 24 hours last week. His venture capital firm Founders Fund was among those that had advised clients to spread their deposits to other lenders as concerns about the bank mounted.

“I had $50mn of my own money stuck in SVB,” said Thiel, who co-founded tech companies PayPal and Palantir in addition to Founders Fund.

Thiel said he did not draw down from his account because he believed the bank would not fail.
 
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If you don't believe that the definition of the word woke has evolved...evolved since conservatives invented the word according to some people...then God bless you kalim.

The word woke neither scares me or bothers me. Some of the ridiculous ideas of people in this administration and across certain business and community leadership absolutely bothers me.

US Assistant Secretary for Health, "Rachel" Levine, promised that changing children's genders will soon be normalized. Yep...that one bothers me. I don't need anyone to try to use a word like woke to scare me about that screwed up goal.


Spin this however you see fit. The word woke doesn't scare anyone. The freakish ideas behind it do.
The word isn't naturally evolving as some words do. It is being overused and forced by the right. DeSantis is now using woke virus and woke food, like what?

Accept it or not, that word was poll tested and the Republicans liked the results, so they will throw it around as much as they can. That's not evolving, that's creating something.

I'm not saying that democrats is any better in regards to manufacturing words. It's definitely a both side thing. Biden people admitted to poll testing MAGA.

Key words scare or bothers people. I get it, it's all a game. That also doesn't mean that I can't mention that you guys are letting their tactics work on you.
 
I agree. But what these clowns did is similar to buying FTX on margin, investing in woke even more of horrible bet. I still remember the good ole days of paper slips arriving in the mail, MARGIN CALL!!! :oops:

SVB bought treasuries & mortgage bonds....which exactly were the "woke" investments?
 
Nice all those Chinese communist party people that took care of Biden financially had their big deposits protected when that bank failed. Crooked Biden pays off for the communists I guess.
Not sure if I posted it here but Gavin Nuisance had ALL of his money there according to something I read yesterday.
 
Nice all those Chinese communist party people that took care of Biden financially had their big deposits protected when that bank failed. Crooked Biden pays off for the communists I guess.


Peter Thiel is a Chinese dot com party person?

He was on trump's trump's transition team and one of his largest donors
 
The word isn't naturally evolving as some words do. It is being overused and forced by the right. DeSantis is now using woke virus and woke food, like what?

Accept it or not, that word was poll tested and the Republicans liked the results, so they will throw it around as much as they can. That's not evolving, that's creating something.

I'm not saying that democrats is any better in regards to manufacturing words. It's definitely a both side thing. Biden people admitted to poll testing MAGA.

Key words scare or bothers people. I get it, it's all a game. That also doesn't mean that I can't mention that you guys are letting their tactics work on you.
Woke is a dog whistle to each side of the battle line. It's way overused, but now everyone knows it's context and what it stands for. I will agree with you on that for sure. Same thing has happened to the word racist, it's so overblown that it's now almost meaningless. When people start saying climate change is racist, well, you know the rest of the story. 😂
 
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The word isn't naturally evolving as some words do. It is being overused and forced by the right. DeSantis is now using woke virus and woke food, like what?

Accept it or not, that word was poll tested and the Republicans liked the results, so they will throw it around as much as they can. That's not evolving, that's creating something.

I'm not saying that democrats is any better in regards to manufacturing words. It's definitely a both side thing. Biden people admitted to poll testing MAGA.

Key words scare or bothers people. I get it, it's all a game. That also doesn't mean that I can't mention that you guys are letting their tactics work on you.
What food did he call woke?
 
Woke is a dog whistle to each side of the battle line. It's way overused, but now everyone knows it's context and what it stands for. I will agree with you on that for sure. Same thing has happened to the word racist, it's so overblown that it's now almost meaningless. When people start saying climate change is racist, well, you know the rest of the story. 😂
Yes that's all I was pointing out. The left definitely overuse racist (great example). I hate that too.
 
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The word isn't naturally evolving as some words do. It is being overused and forced by the right. DeSantis is now using woke virus and woke food, like what?

Accept it or not, that word was poll tested and the Republicans liked the results, so they will throw it around as much as they can. That's not evolving, that's creating something.

I'm not saying that democrats is any better in regards to manufacturing words. It's definitely a both side thing. Biden people admitted to poll testing MAGA.

Key words scare or bothers people. I get it, it's all a game. That also doesn't mean that I can't mention that you guys are letting their tactics work on you.

Ok kalim...it's a brand new word. Of course it's evolving.

The word itself has no power if the BS it's defining isn't evil, disgusting or "scary."

Changing an 11 year olds gender = disgusting and scary for society

Organic tomatoes being called woke, despite using the word woke, scares no one.
 
Woke is a dog whistle to each side of the battle line. It's way overused, but now everyone knows it's context and what it stands for. I will agree with you on that for sure. Same thing has happened to the word racist, it's so overblown that it's now almost meaningless. When people start saying climate change is racist, well, you know the rest of the story. 😂


The people (black teens) who created the term aren't the ones who have overused it...

What's the surest sign that you're old?
When you're using slang that was left behind by kids years ago... 🤣

The only people using the term now are a bunch of old white conservatives


https://www.mediaite.com/tv/al-shar...nti-woke-republicans-well-whats-the-opposite/

Al Sharpton Floats His New Nickname For Anti-Woke Republicans: ‘Well What’s The Opposite?’​

By Zachary LeemanMar 11th, 2023, 10:51 am
 


Bingo. But yall keep arguing with kiddo about 'woke' foods. Meanwhile, they are intentionally destroying the monetary system and rebuilding it with them having total control over all our lives.

But yeah, let's focus on woke pizza.
 
China rolled out its Social Credit Score a decade ago. Critical thinkers warned then that the dems would try to implement here.

This is where we are headed. You will have to be approved to purchase any item or engage in any activity.

Now, if you have $2, you can buy a coke. In the future, you will have to have $2 in digital currency, but you will ALSO have to pass a social credit test. Your identity will have to be approved for every purchase. If you have EVER engaged in ANY activity that the government disapproves of, you won't be allowed to eat.

This is what you voted for. Elections have consequences. Stolen elections even moreso.

Hey @goldmom and @GatorTheo , how's that 'just move on' plan looking to you guys right now? Still a winner?
 
Now, if you have $2, you can buy a coke. In the future, you will have to have $2 in digital currency, but you will ALSO have to pass a social credit test. Your identity will have to be approved for every purchase. If you have EVER engaged in ANY activity that the government disapproves of, you won't be allowed to eat.
There is a video out that satires that. It's hilarious. Is that where you pulled that idea from? 😂
 
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The people (black teens) who created the term aren't the ones who have overused it...

What's the surest sign that you're old?
When you're using slang that was left behind by kids years ago... 🤣

The only people using the term now are a bunch of old white conservatives


https://www.mediaite.com/tv/al-shar...nti-woke-republicans-well-whats-the-opposite/

Al Sharpton Floats His New Nickname For Anti-Woke Republicans: ‘Well What’s The Opposite?’​

By Zachary LeemanMar 11th, 2023, 10:51 am
There is ALOT of funny truths in this
 
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Ok kalim...it's a brand new word. Of course it's evolving.

The word itself has no power if the BS it's defining isn't evil, disgusting or "scary."

Changing an 11 year olds gender = disgusting and scary for society

Organic tomatoes being called woke, despite using the word woke, scares no one.
See #91 by NavigatorII. He articulate it well for the right people.
 
Don't worry you will be saying it soon lol

If you're referring to the push for people to eat dried crickets and meal worms so that their carbon footprint is more neutral then yes, woke food does seem somewhat appropriate.

I ain't eating that woke BS. 😂
 
See #91 by NavigatorII. He articulate it well for the right people.

Saw it and I think he's saying what I've been saying. The word woke has zero power over me.

If it's used to define organic tomatoes, NF2G about it.

If it's used to define the normalization of gender reassignment on prepubescent children, I have F2G.

Not because of the word woke, obviously.
 
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And you have a right to be protected from his opinions and his dissent of your opinions, right?

Grow up man...just freaking wow.
You have to understand . . . He has "Super 1st Amendment Rights," which consist of
  1. The right to express his opinion, and
  2. The right to applause for his opinion.
There's zero interest in a "discussion" or "debate." - what benefit is there to the omniscient from "debate"? It's not like they have anything to learn . . .
 
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You have to understand . . . He has "Super 1st Amendment Rights," which consist of
  1. The right to express his opinion, and
  2. The right to applause for his opinion.
There's zero interest in a "discussion" or "debate." - what benefit is there to the omniscient from "debate"? It's not like they have anything to learn . . .

How do I apply for Super 1st Amendment rights?

It always devolves into an emotional debate. I guess that's pretty common.
 
Saw it and I think he's saying what I've been saying. The word woke has zero power over me.

If it's used to define organic tomatoes, NF2G about it.

If it's used to define the normalization of gender reassignment on prepubescent children, I have F2G.

Not because of the word woke, obviously.
You were not. To use his example with mine;

Calling everything racist weaken the true meaning of racist, like calling everything WOKE weaken the true meaning of WOKE.

Stop letting Ds tell you everything is racist and stop letting the Rs tell you that everything is WOKE.

They both lie to generate negative reactions.

Be your own independent person.
 
Nope its reserved for conservatives...


https://www.nbcmiami.com/news/local/federal-judge-blocks-floridas-stop-woke-act-once-again/2995521/
Federal Judge Blocks Florida's ‘Stop Woke Act' Once Again
The 11th Circuit Court denied a stay requested by the state after a judge initially ruled in favor of the American Civil Liberties Union, which argued the state could not enforce the higher education provisions of the act.

By NBC 6 • Published March 17, 2023 • Updated 3 hours ago
I told them these MONTHS ago. DeSantis got like 3 polices that violated the 1st amendment but the right wing people on here doesn't care because they like what he is violating. Typical constitution-lover hypocrites.
 
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