[American Thinker] Is there anything more ... Soviet ... than a bank that lends money to companies making things no one wants to buy?
That's the missing puzzle piece we needed on why Silicon Valley Bank went belly up, and Kimberly Strassel of the Wall Street Journal has found it, persuasively arguing that yes, the failure of the bank was indeed premised on ESG, which descended into wokester lending priorities, creating the abnormal conditions that left the bank ripe for a meltdown.
In a non-firewalled piece featured at the top of Real Clear Politics: she writes:
"We serve those creating positive environmental change," SVB’s website brags, noting that the bank worked with some 1,550 companies in the "climate technology and sustainability sector." Skipping down to the end -
And that's on Joe Biden for creating the conditions that led to this situation -- from easy money, allocated for greenie projects in huge spending juggernauts, and easy money printed out to "pay for" all that green wokery, prompting rate hikes to beat back the inflation that followed. That's Biden on both ends of the problem, and opportunistic wokesters taking advantage of the incentives he laid out for them. Circle of life, man.
Posted by: Bobby ||
03/18/2023 10:01 ||
Comments ||
Link ||
[11 views]
Top|| File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats
[Commentary] It’s time to let America’s amnesiac wokesters in on a secret: They embraced the term “woke.” They defined it, wrapped themselves in it, screamed it from the rooftops, and invested it with religious passion. The rest of us merely responded.
The woke, having forgotten all this, are now charging conservatives with inventing or distorting the word and using it as a semi-racist right-wing bogeyman term. MSNBC’s Alex Wagner, for example, claims that conservatives know that woke ideas are “sensible” but don’t have to acknowledge as much if they don’t define the word.
At the Washington Post, Philip Bump says, “‘Woke’ simply describes anything that is inherently alarming to the right.” Also at the Washington Post, Ashley Parker and Liz Goodwin write that “conservatives began using ‘woke’ in pejorative terms to undermine Black and liberal ideals,” and Candis Watts Smith, author of Stay Woke: A People’s Guide to Making All Black Lives Matter, says the that the word “evokes Black folks or Blackness” and “on other things [it] kind of spills over.” The association with race, she says, isn’t accidental.
There’s a lot of truth to these takes. But they’ve got the players all wrong. It’s the Left that believes woke policies are sensible. It’s the Left that has stretched the word to encompass a range of progressive ideas. And it’s the Left that warmed to the term in part because of its racial frisson.
#1
Woke:
Because children are not exclusively excluded from some themed restaurants such as Hooters, Drag Queens are allowed to stroke your children in schools, and teachers can take your kids to strip clubs without your knowledge.
[BEE] MOUNTAIN VIEW, CA — Local leprechaun, pot o' gold enthusiast, and all-around jokester Leery O'Canahan had been excited for St. Patrick's Day for months. "It's like our Super Bowl," O'Canahan told reporters. "Without the weird halftime shows."
But this year it's not all drinking and shenanigans for this leprechaun. He'd entrusted all his pots of gold to Silicon Valley Bank after the investment strategy was recommended to him by Jim Cramer on Mad Money. As his deposits were worth far more than the FDIC-insured $250,000, it's now unclear if he'll ever get his money back.
"It seemed like a sure bet - but now I've got nothin', laddy boy! Nothin', I say! Teeheeheehee!" He then did a little Irish jig, but you could tell his heart wasn't in it.
When the first end-of-the-rainbow seekers showed up this year, O'Canahan had to turn them away empty-handed. "Sorry, laddy boy, ol' O'Canahan's got nothin' for ya this year, ya see? The Silicon Valley Bank squandered me gold! I'm in ruins, see? Ruins! Curse me unlucky charms!"
At publishing time, O'Canahan had used what little cash he had left to invest in something more secure: Trump NFTs.
[American Thinker] One of the more delightful aspects of being a dissident from the absurd apocalyptic climate doom cult is the ability to laugh at the decades' worth of failed, yet quite specific predictions of disaster from purported "experts" that the media have gleefully trumpeted. The track record of the failure of previous predictions matters not in the least, as if mass amnesia had infected not just the media, but government, academia, and the corporate world.
Yet all of these commanding heights of our political economy are united in pushing forward with ruinously expensive schemes that cannot work to substitute unreliable intermittent sources of electricity — wind and solar predominantly — that will demolish our economy and lifestyle. The conversion of our vehicle fleet to lithium-intensive electric cars and trucks ignores the world's limited supply of several required minerals and the "carbon footprint" of producing such vehicles. Meanwhile, limiting the production of organic energy (carbon-based energy, in other words) impoverishes us and enriches Russia, Iran, and other rogues, while degrading our geopolitical power.
Why are all the organs of dominance of our polity so immune to facts? And why do the media persist in blocking legitimate skepticism and doubling down on failed doom predictions?
These are the questions that Tucker Carlson took up in the first quarter-hour of his top-rated cable news commentary last night. The large number of clips showing absurd, hysterical predictions that are nonsense was hilarious.
Most telling is the question of why the media are so very perfectly united in ignoring the reality of their past doomsaying failures. Tucker leaves it to his audience to make up their minds, but the clear implication is that some unsayable, ridicule-inducing "conspiracy theory" must be at least considered.
If you missed it, here is the entire segment, via Fox News:
#2
Splitting hairs for fun using the quoted comment....
"Top Climate Scientist: Humans Will Go Extinct if We Don't Fix Climate Change by 2023."
#1. So the $$$$ Climate doomsayers did say by 2023. So some will say we still have 9 months for the world leaders to go ape $hit screwing us over with new reg's and restrictions that never seem to apply to themselves or $$ Elite.
#2. The comment was made pre-pandemic and due to the C-19/22 restrictions, 6,818,867 deaths, change to a"New Normal" Liberal leadership during the pandemic, it has bought humanity an extra (_insert # years_).
#3. Social Media has help expose the problem and the New Normal Generation has help delay it by an extra (_insert # years_).
#4. Title Change - Climate Ice Age, Cooling, Ozone Depletion, Warming, Change . Some new Climate Titles: Climate Fluctuations, Climate Spiral, Climate Recovery Effort.
There are likely a dozen Climate Spin doctors working on even more vague explanations and titles already for a new Meal ticket and camera time.
BTW: In all seriousness. Given the number of extinctions, the Earth has seen in the last million years. Why would anyone think humanity is exempt? We likely are the 1st inhabitants to invent ways to wipe ourselves out. Without the help of Space, climate, and etc.
#5
A mad little godwit went "Tweet!"
Meet Sweden's petite Dulle Griet.
Our elfin virago
Stormed Hell, er, Chicago,
And cleaned her own litter: "Delete!"
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.
[Commentary] It’s time to let America’s amnesiac wokesters in on a secret: They embraced the term “woke.” They defined it, wrapped themselves in it, screamed it from the rooftops, and invested it with religious passion. The rest of us merely responded.
[BEE] MOUNTAIN VIEW, CA — Local leprechaun, pot o' gold enthusiast, and all-around jokester Leery O'Canahan had been excited for St. Patrick's Day for months. "It's like our Super Bowl," O'Canahan told reporters. "Without the weird halftime shows."
