discussion comment
2 years ago
As a reminder, Stormy Daniels sued Trump for defamation. She lost, and was ordered to pay his $300,000 in attorney fees. She is Bragg’s star witness.in a misdemeanor criminal case. One that happened 7 years ago. With a 5 year statute of limitation. In a city that doesn’t prosecute many felonies.
discussion comment
2 years ago
The movement made Trump. Remember the Tea Party ? Trump did not create the movement. America First existed before Trump came down the gold escalator, and it will be around long after him.
discussion comment
2 years ago
From catturd
“There’s hundreds of videos and pictures of Hunter Biden on his laptop smoking crack, weighing huge amounts of crack, waving around an illegal firearm, and having sex with hundreds of girls who look “extremely” young.
There’s also a mile of evidence on his and Joe Biden’s pay for influence schemes with China, Russia, and Ukraine - and I guarantee he hasn’t paid a dime of taxes on his extorted millions.
Yet, our rotten FBI and DOJ lead by AG Garland and Christopher Wray haven’t done jack shit because they’re corrupt traitors whose sole purpose seems to be the personal jackboots for the Democrat party.”
discussion comment
2 years ago
“The GA election interference case is way more serious“
The moonbat head juror didn’t treat it seriously. Party with the prosecutor ?
discussion comment
2 years ago
If Republicans are given a choice between voting for a Democrat or voting for Democrat light ( Romney, McCain ), they will just not vote. That’s how Obama was elected. Twice.
The only chance Republicans have is to nominate someone who is proudly, boldly pro-American and pro-Freedom.
I don’t care if that’s Trump, Desantis, or someone else who is America First. Just don’t nominate some squish who doesn’t stand for anything.
discussion comment
2 years ago
^ Yes, because the cause of all these problems is the policies being pushed by Biden and others on the left. Runaway government spending. Soft on crime. Open borders. Endless war. Crony capitalism. China apologists. Lock downs. Judging people by race, not their character.
The only hope we have is to vote in politicians who will establish policies that get us back on track. The attacks on Trump are an attempt to stop this.
discussion comment
2 years ago
Most of the people who support Trump, myself included, support him because he is the standard bearer for the America First Movement. If someone else could reliably and effectively represent this movement, we’d be happy to support that person as well.
I think that’s where Trump opponents make their biggest mistake. They think America First is a personality cult. They think if they bring an indictment against Trump, that will put an end to the movement. It won’t.
If Trump falls, Desantis can pick up the standard and run with it.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
Dodd Frank was also much more burdensome to smaller banks. The big banks could absorb the added compliance cost.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
The question has been raised with the Fed, does this your policy is now to guarantee all deposits ? If yes, doesn’t this reward bad/stupid behavior ? If no, how do you justify picking and choosing some banks to be protected and some not ?
discussion comment
2 years ago
So, when you predicted that inflation would drop like a rock, you meant it would be lower in a year or two. And, for making this prediction, you view yourself as an economic genius. Talk about moving the goalpost.
discussion comment
2 years ago
The Fed is at a crossroads. Keep raising rates to fight inflation, triggering a banking crisis, or pause and watch inflation spike.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
2008: 25 banks with $373 billion in combined assets failed
2023: 2 banks with $319 billion in combined assets failed
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
Regional banks will have their ability to make loans severely limited, which will hurt small businesses, which will hurt employment.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
US banks have $2 Trillion in hidden, unrealized losses just like SVB. This is a ticking time bomb. As information comes out, depositors will withdraw funds, accelerating each banks collapse.
https://www.dailymail.co.uk/news/article-11859149/Assets-banks-worth-2TRILLION-accounts-report-Study.html
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
moral hazard:
The risk that an individual or organization will behave recklessly or immorally when protected from the consequences.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
I don’t trust ESG companies for the same reason I wouldn’t hire a plumber who advertised he was the
“ honest plumber”. If someone needs to proclaim their virtue, I doubt how real it is.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
“I'm sure mark will be moving all his assets to cash in preparation.”
I’m always 100% invested. In the long run, that’s always the best choice. No one is smart enough to consistently time the market. You might get lucky once or twice, but trying to time will eventually catch you.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
I’ve never bought into the concept of having a balanced portfolio of stocks and bonds. If it’s money that’s needed in the short term, keep it in cash equivalents. If it’s a long term investment, stocks always outperform.
discussion comment
2 years ago
Home prices have dropped significantly in the markets that saw the most appreciation, like Phoenix, Austin, and Boise. But, it’s a game of chicken. Homeowners don’t want to give up their 3% mortgages and buyers are waiting for even lower prices. Who will blink first ?
discussion comment
2 years ago
I’m probably going to buy a new hybrid SUV in the next couple weeks. There’s enough inventory that list price is MSRP. I’ll pay cash and get the, still well equipped, base model. I always buy the base model of a quality vehicle. I find that gives the most bang for the buck.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
This episode should kill the insanity of making investment decisions based on Diversity, Equity, and Inclusion. I doubt it will, but it should.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
About 25% of Roku’s cash reserves, $500 million of $2 Billion, is now stranded at SVB. Shouldn’t a large corporation know better ? Should the Federal government ( I.e. you and me ) bail Roku out ?
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
Records show that Silicon Valley Bank, $SIVB, employees received large bonuses on Friday.
These bonuses were paid just hours before regulators seized the bank.
Just 2 weeks ago, executives at SVB sold over $5 million in stock.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
In January 2022, SVB made a $5 billion commitment to sustainable finance for what they call a climate-ready, healthier planet. Maybe it should have been left on their balance sheet.
discussion comment
2 years ago
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shailynnThey never tell you what you need to know.
From someone who reviewed their website:
“In fact, the more I look at this site, the more I wonder if these guys actually did any banking business. Every corner of the website is devoted to values, diversity, and inclusion. Yet again, we get to learn about how empathetic, responsible, and diverse they are, and how they speak and act with integrity. Really? So how come almost $200 billion just went up in smoke? Asking for a friend.”