Piney: They could be posting right here on Hip Forums. Are there qualifications for Posting here ? Piney: A good Banker should be prudent and aware regardless of regulations or lack thereof. Tell me of the qualifications of the Board of Directors at Silicon Valley Bank. Piney: Well, Im going to say that our President bailed out his friends and if the Bank was lending to, say shale oil drillers, they would have been left to twist in the wind. Piney: My Friend, I am still hearing about the Tea Party here on Hip Forums. My point is that a sincere, earnest protest about a 2008 bail out should be reflected in questioning the current bail out. but that the blinders are out now because Silicon Valley Bank is a friend of The Left.[/ Piney. The Connection: it is the crickets we are hearing from the same sector who cried out for the crimes of Michael Milkin or Kenneth Lay of Enron Inc. These actors were roasted for years in the media. I can still remember the coverage.
Trump legal team files motion to try to quash special grand jury in GA. Trump moves to quash Atlanta grand jury investigating 2020
That appears to be a desperate after-the-fact move on the part of Trump, like he is expecting an indictment from a regular grand jury that stems from the special grand jury in GA.
lol. None that I can detect. But those ladies could have died of old age, or are in memory care units. Who knows?. Since i never met them, it would be hard to say why they were concerned about bailouts back in 2011, or why they aren't concerned today. I tend to think in both cases that the "bailouts" were a good idea, to avoid a chain reaction of bank failures that might lead to another Great Depression. That'd give the Retrumplicans something to talk about! Absolutely, they should be prudent and aware and boring. But as FDR explained in his First Fireside Chat re the bank failures of the Great Depression:"Some of our bankers had shown themselves either incompetent or dishonest in their handling of the people's funds. They had used the money entrusted to them in speculations and unwise loans. This was of course not true in the vast majority of our banks but it was true in enough of them to shock the people for a time into a sense of insecurity and to put them into a frame of mind where they did not differentiate, but seemed to assume that the acts of a comparative few had tainted them all." As for the directors and management of SVB, www.svb.com › leadershipExecutive Team and Board of Directors | SVB | Silicon Valley Bank Greg Becker was CEO and President. He has a bachelors degree in finance from Indiana University, and was with the bank since 1993, rising through the ranks to President in 2008. Becker is a white male, the executive team was all white and mostly male, and its board of directors had only one African-American member and one LGBTQ member. So not particularly "woke", or at least diverse. Nothing in SVB's financial disclosure reports shows any damaging spending on diversity initiatives--if that's what you're trying to get at. The bank seems to have failed because of liquidity issues, not the "woke" quality of its bank loans. Professor Peter Conti-Brown, specialist on financial regulation at Trumps alma mater, University of Pennsylvania’s Wharton School, the most illustrious business school in the entire universe, put it :“SVB failed because its bankers were bad at being bankers, something that no extra time away from meetings about diversity would have fixed.” FACT FOCUS: Claims blame ‘woke’ policies on bank’s demise SVB had unusual characteristics which contributed to its problems: an undiversified customer base from the tech industry, a huge percentage of uninsured deposits, and reliance on venture capitalist customers who are prone to switch banks. Kapish? You're free to say that, but do you have any evidence to support it, other than your imagination? Rightly so! It's dropped the name, but remains a force to contend with. Trump praised and courted it in his 2016 campaign. Donald Trump courts tea party at Nashville straw poll | CNN Politics Jenny Beth Martin, co-founder of the Tea Party Patriots, proclaimed that with Trump's victory "the values and principles that gave rise to the tea party movement in 2009 are finally gaining the top seat of power in the White House." Donald Trump courts tea party at Nashville straw poll | CNN Politics The Tea Party movement has morphed into Trumpism. https://www.washingtonpost.com/outlook/2020/12/04/tea-party-trumpism-conservatives-populism/ But the Tea Party's entitivity and clout recently resurfaced in the House Freedom Caucus' role and continued influence in the Speaker's battle. https://www.npr.org/2023/01/08/1147...er-battle-has-roots-in-the-tea-party-movement My memory of the 2008 bailout is a little fuzzy, but wasn't it Ted Cruz and similar right wing Tea Party types who led the charge against that? We don't know how it would all have turned out if the decision went the other way. Arguably, the 2008 bailouts saved the global economy. Don’t Call It a Bailout: Washington Is Haunted by the 2008 Financial Crisis "Sincere, earnest political protest" is fine, but demagogueing the issue get tiresome. You're free to speculate about Biden's motives to your heart's content, but in the absence of evidence, what you say may be taken with the proverbial grain of salt.
Six Oath Keepers convicted related to the riot at the Capitol. Six Oath Keepers convicted in connection with January 6 US Capitol riot | CNN Politics
Laura Steele was a former High Point police officer and was convicted of all counts for her involvement in the Capitol insurrection. https://myfox8.com/news/investigati...on-all-counts-in-jan-6-attack-on-u-s-capitol/
G.W. Bush gave a $17 billion bailout to GM in December of 2008 during the Great Recession. During what could be considered good economic times, Trump topped that one by giving a $28 billion bailout to the U.S. farmers to try to mitigate the damage he inflicted with his avoidable, personal ego battles that he was waging against China. It leaves to the imagination how Trump might behave during a bad recession, in contrast to having the luxury of inheriting a good economy from Obama like he did when he started office in 2017. Bush bails out U.S. automakers, Dec. 19, 2008 By Andrew Glass 12/19/2018 12:00 AM EST Bush bails out U.S. automakers, Dec. 19, 2008
It would be hypocritical if Trump wanted his arraignment to be done through the web. He was adamant about sending children to brick-and-mortar school buildings during the Covid pandemic and didn't want to do the second 2020 presidential debate on the web.
Police on alert across country ahead of possible Trump arrest. US police forces on alert ahead of possible Trump arrest
Trump warns DeSantis of what he calls fake allegations that he might face during a run for president.. Trump hits back at DeSantis following 'porn star' comments, warns the governor could find himself facing 'false accusations' in the future from 'underage' classmates or 'a man'