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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: commonone ✹✹  😊 😞
Number: of 84350 
Subject: DeSantis: SVB Too Woke
Date: 03/12/23 9:36 PM
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Florida governor Ron DeSantis told Maria Bartiromo earlier today that Silicon Valley Bank collapsed because it was too woke.

You know, Maria, just appears to me, I mean, this bank, they're so concerned with DEA and politics and all kinds of stuff, I think that really diverted from them focusing on their core mission. I also look at it and say, we have such a morass of federal regulations. We have a massive federal bureaucracy, and yet they never seem to be able to be there when we need them to be able to prevent something like this. And so we'll see what they do going into tomorrow. But I think it's just very disappointing. Kind of reminds me of stuff that we saw in the financial crisis or in Bernie Madoff, where you had warning signs and yet the government that this is supposed to be their job and they always seem to whiff when it counts.

Wow, that's all kinds of stupid. DeSantis and Bartiromo also failed to mention that every republican in Congress but one -- together with president Trump -- rolled back regulations in place to oversee community bank activity.

foxnews.com - Maria bartiromo breaks down silicon valley bank collapse speaker mccarthy gov ron desantis
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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