MARCH 14, 2023

THIS NONSENSE (WOKEISM/DEISJ DEGREES, ETC) IS THE KISS OF DEATH FOR ALL

https://campusreform.org/article?id=21388 

https://www.campusreform.org/article?id=21535

GET WOKE GO BROKE

ANDY KESSLER:  Who Killed Silicon Valley Bank?

Was there regulatory failure? Perhaps. SVB was regulated like a bank but looked more like a money-market fund. Then there’s this: In its proxy statement, SVB notes that besides 91% of their board being independent and 45% women, they also have “1 Black,” “1 LGBTQ+” and “2 Veterans.” I’m not saying 12 white men would have avoided this mess, but the company may have been distracted by diversity demands.

Management screwed up interest rates, underestimated customer withdrawals, hired the wrong people, and failed to sell equity. You’re really only allowed one mistake; more proved fatal. Was management hubristic, delusional or incompetent? Sometimes there’s no difference.

Get woke, go broke.

MORE ON SOCIAL JUSTICE BALONEY AT SVB

https://redstate.com/kiradavis/2023/03/14/silicon-valley-bank-spent-74-million-on-black-lives-matter-and-social-justice-causes-n716419

GOOD SUMMARY OF BANK BAILOUT MESS

https://donsurber.substack.com/p/biden-killed-svb-were-next

https://www.battleswarmblog.com/?p=54350

https://www.powerlineblog.com/archives/2023/03/10-questions-about-svb-from-barry-ritholtz.php

BIDEN ROT IS WIDESPREAD AMONG ENTIRE FAMILY -- PETER SCHWEITZER

https://nypost.com/2023/03/14/speculation-mounts-on-who-the-new-biden-family-member-is-that-got-a-cut-of-3-million-wire-transfer-in-2017/

JANET YELLEN, JEROME POWELL, WHAT COULD GO WRONG?

https://townhall.com/columnists/betsymccaughey/2023/03/15/bidens-banking-busts-n2620605

https://dc.claremont.org/causing-contagion/

https://www.breitbart.com/social-justice/2023/03/14/black-lives-matter-movement-received-nearly-83-billion-from-corporations/