Is it Saturday already? ITEM 1: SVB invested most of its depositors’ money in government bonds. Bad idea. A reader wrote, “Just a take from a retired bank examiner. “SVB’s balance sheet as published in its 10-K is the worst I have seen in 40 years. “Just because you have no credit risk mean you are safe. There is also LIQUIDITY risk (excuse me for shouting). SVB had three quarters of its liabilities coming redeemable on any given day.
re: The poll:
I almost selected the topless female news readers but then I remembered it was CNN we were talking about.
I love seeing the highlight column being added back to the rotation, even if it's only on the weekend.
Mighty Mouse cartoons are objectively better than Anderson Cooper
There is SO much I'd like to comment on, but I will go with one quite close to my heart. As a child and early adult, I used to love to go to San Francisco. What it has become is so bad, I won't even fly through there,. If the stupidity behind reparations actually becomes a reality, only God could save my family who still lives in the area.
The reparations idea prove what can happen when there are NO term limits. The idea goes beyond stupid. It is true that almost no one would qualify for the program as it is currently written, but that wouldn't stop other politicians from "Clarifying" it down the road. I even published the following in the SF Chronicle and it stayed posted:
"When you work for nothing, you appreciate nothing. Does this mean that they will now stop stealing from Walmart? NO and they never will either."
This is a disaster of ridiculous proportions. Anyone in favor of this should be put in an insane asylum or recalled immediately. There should be a term limits law for ALL politicians at both the state and federal levels. If we did, no one would ever have heard of Joe Biden and think of how much better off as a country we would be.
26. What will Trumpenfreude hold for those who arrest and handcuff him this week? Think he will become like Obi Wan..
McCarthy would not be as “popular” as he seems to be now if the red wave had happened. He could have ignored the Republicans who forced the changes that were made and it would have been business as usual in the House.
17 - I have multiple personalities. I now identify as two black San Franciscans.
13 - they are just following my lead. I have been on record that I will not be speaking with the mainstream media when I am up for re-election as Alderman in 2025.
Item 21 has some interesting math in it. If $1.66B of income is unreported how are there Tens of Billions of uncollected taxes?
I remember in the 80s when fat-cat business lunches being written off as a business expense was suddenly an outrage. So the answer was to increase taxes on the waiters and waitresses.
8: I grew up with tv (I was born the same month my town’s tv station went on the air) and psa’s about the EBS (esp. during Saturday Morning Cartoons). Then in 1989 Hurricane Hugo hit. The EBS was the first thing that went down.
"Brigette Macron is a man." Why is this a problem? Men, women, we've been told it's all the same. Dude with a dinkie is just the same as girl with an innie if he chooses to be. Who are we to say? You can't get insulted anymore if you're a "woke" woman and you get called a man. That's just being a bigot.
As for the "owning" of Thompson, Democrats will say that was a long time ago and they shouldn't be held responsible. Of course, they also set up the rules that all white people are responsible for slavery even if your family never had a thing to do with slavery or your family arrived after slavery. You create the rule; you're subject to the rule I say.
"Fink"--If you don't believe in a higher power with a sense of humor, you just have to look at some people's names. They fit too perfectly.
You just ruined James Patterson for me. No, wait, that was when he published a book with Bill Clinton.
The situation with Hillary Ronen is even more hilarious than you suggest. She wanted to defund the police and then she turns around and gets angry because they're aren't enough cops in the Mission district of San Fran and "people are dying!" I tell you. (https://twitter.com/lwoodhouse/status/1636500014552981507).
I was unsure about Kevin McCarthy, but this is evidence of what happens when "leaders" are reminded that they "lead" by the grace of other people.
"A government that gave Zelensky $100 billion and bailed out $200 billion in deposits made by billionaires and millionaires at Silicon Valley Bank is going after tip jars." Well, that's why they're after the tip jars, silly. You didn't really think that the people making the money off Ukraine would pay anything. Soon they'll be going after Tooth Fairy earnings, as you say, and change we find in our couches and expecting a cut of all the birthday presents we exchange.
"Replace Mitch with Josh." Replace Mitch with anybody, really, except Lindsey Graham.
You and I are just going to have to disagree on Iraq. Plenty of people funnel money to the Palestinians (which is really more an excuse than a reason--the reason is the usual cha-ching). The payoff doesn't seem quite worth the cost in lives and treasure.
Item - 13 If conservatives cut off access to the mainstream media, I don't think their coverage will be affected greatly. The media will just make stuff up like they normally do anyway.
Item - 14 If Patterson doesn't out himself as a perv, he will certainly out himself as an idiot.
CNN's topless news reader would be Rachel Levine.
Don thank you for being a beam of light in these dreary times.#21 ,having worked in the service industry as a college student I have deep sympathy for them today and yes this government wants money from lemonade stands as well.You hilighted the hypocrisy to a tee.
Your writing always brings smiles.
"This won’t hurt talk radio. No conservative I know owns a Tesla." Very true.
Reparations... My own Minny produced one of the first regiments to fight in the Civil War(Minnesota 1st), I lost out on 'Soldier of the Year' because I didn't know this during the contest. Reparations should be paid to the families of the 2,500 that died. Or not, it was their duty.
Item #7 Gov Pitzker is very upset, cuts off his drinking money while family is avoiding COVID restrictions in Illinois. Last item, Bush and Chaney didn't finish the job and will end up in the ICC for their incompetence.