IIRC, the reason why SVB folded isn't because it went bankrupt but because it ran out of liquidity. It was putting it's money in stupid places that kept it locked it up for the long term, and couldn't get the money out again.
Then the bank run happened. People asked for their money back from SVB and it started to sell the locked assets as a loss to free up cash, then other people saw that (it's a very unhealthy sign) and started to pull their money, which was a cycle that kept going until they collapsed. But even after collapse, they still have more assets than they have deposits, they just can't turn it into cash ASAP.
The government is stepping in with their big bag of money to pay out the deposits, and then they'll get paid back from the locked up assets which are now being auctioned off. In theory, the government doesn't pay anything except for giving out a no interest loan. I've heard that backstopping in the Euro Financial Crisis was only $2 Billion on $7 trillion there (by scale, that might be ~$50 mil out of $200 billion here, which is probably more than we'd lose in the economy if all the companies that deposited started collapsing).
I wanted to see woke companies get fucked for putting into the woke bank, but realistically this is the least clownworld way for the government to do the bailout. It's probably the best we could hope for, short of them doing nothing. At least anyone who owned SVB stock or SVB owed money to that wasn't a depositor is fuck though, which is good. Fuck em.
Kids never rebelled against their parents 'just because'. The kids just obeyed the programming they were fed by schools and media that pushed them into conflict with parents.
The right wing just never noticed that this is the natural result of 95% of media and culture being controlled by people who hate you and want your way of life destroyed.
There will be no natural 'rebellion force' by kids to swing the pendulum back. They'll obey the media as they always have, only now this time it's media telling them to do something and their brainwashed parents are on board. The only hope we've got is that the effects degeneracy is starting to stack up enough to make even the most pushed propaganda unbelievable.
No need to chug it. In Harry Potter, transformation can be permanent.
Harry's cousin gets a pig tail which has to be removed surgically. Hermione turns into a catgirl for weeks from polyjuice while the nurse works to reverse it. There's also loads of stories in the extended universe of people being transformed permanently.
They could just likely take a single potion and be permanently transformed.
If you want to run a nonprofit, you have to have a board of directors.
You can do it without incorporating, but you can't accept tax deductable donations and if you're sued then you can be personally liable for the lawsuits unless you incorporate.
They don't need GPS for that dummy.
Whenever your phone is on it sends out a signal so the network knows which cell tower to use in order to send it incoming calls. That signal goes a long ways, and hits LOTS of cell towers, and the cell towers know the rough direction and exact time your signal arrives to the known location of the tower.
If you're hitting at least 2 towers, they just calculate the rough bearing and distance from each of those towers (using the time delta), and can calculate your location from that. The more towers the phone is near, the more accurate the location (and nowadays, you're always within range of countless towers).
That's why your comment about smartphones/GPS is so dumb. This works on everything. Even a shitty 90s brick of a mobile phone is automatically triangulated this way. GPS/Wifi makes it more accurate, but they can still triangulate your location down to a couple feet now without it, so it's really a moot point.
It's frankly unreasonable for anyone with a life to not have a phone for work/friends/family. Landlines track you just as hard. So the only other option is going full Amish, and you can go first.
I telling that the vaccine is killing people and causing menstrual irregularities, and they're worried about the second one even though the first is worse.
Because they expected the first one to happen, but not the second.
One of the cool plot points in the original Deus Ex is that there's a virus in the population, and the people that made it also made the cure so they could get rich and become more powerful.
After this initial discovery, the protagonist can't simply find the cure, he has to go and stop them because it turns out they could mutate it any time they wanted to keep the virus relevant.
I'm sure glad that was just science fiction.
It was always the plan for Kamala Harris to become the president. They failed in the primaries because she's so unlikable, but it was the plan for her to be installed.
Presidential term limit is 2 elections, but if you succeed the president, then less than 2 years does not count against that limit. That 2 year mark is coming up on January 20th.
Expect to see Dementia Joe removed soon after we cross that mark.
Because this guy is white, so white guy doing bad things gets in the news.
Black men overdose, and overdose on fentanyl specifically, at a rate >6x whites, but those stories get ignored and this gets in the news because it serves the narrative.
Earlier in the week, I saw a list of specific actions that McCarthy had done that makes him a RINO. I know about J6, but these were specifically votes and policy positions.
Anyone know what I'm talking about and able to point me with a link? Trying to search the web just gets me cucked results.
No, allow all the guns, but only under the rules that the congressmen personally voted for.
See how fast our gun laws change if good congressmen get to bring real guns to the duel, and dems get to bring neutered semi-autos 10 days after the duel.
If enough people knew, then we could run them out of power. If everyone knew, they'd be swinging from the lampposts.
You still need some kind of action eventually, but having your follow citizens on your side makes it 10000% easier.
The $68 billion we've spent so far on Ukraine is a lot on a place that isn't our country, but the US government spent $6.27 trillion in FY2022. Take out Ukraine, and we still spent $6.2 trillion. Cutting Ukraine spending is a good start, we need to reign literally every part of government spending by a massive amount.
There's a huge increase in spending in every part of the government. It's bloated up like a corpse in water, doubly so now with the inflation reduction act.
I think the downvotes are that your wife is torturing and destroying people's minds, while they beg her for mercy, and she knows that it is wrong. She is knowingly committing evil for money and you seem to fully accept that. Some people can do evil because they've been brainwashed to confuse good and evil, but it's even worse to just do evil for a paycheck.
I hope that you help her realize that it is not worth it. It's not worth doing a job you hate that has an impact on your life and beyond. It will not be worth it to get to the Gates of Heaven and realize you did evil's bidding all your life and hurt others just for 30 pieces of silver.
If inflation goes up, the value of money has gone down. Walmart has earned 'record profits' that are lower than inflation. In real terms, they have less of a profit than last year.
It's like you earning a *2.14% CoL raise and your employer saying that you're earning a record high salary, when you're actually about -5% due to inflation.
*That's Walmart's actual 2022 YoY profit growth.
I wish that were legal, it would solve the rampant shoplifting real quick.
Some medieval towns had something similar to a 3 strikes law: lose one ear, lose the other ear, lose your life. Despite them being 'illiterate savages', somehow they were smart enough to learn not to steal with those laws.
That'd make it real visible to not go shoplifting. And it'd make it really easy to keep an eye on likely shoplifters.
You can tell "tolerance" means servitude, because they refuse to do the same.
We have to tolerate +75% of all murders being performed by democrats, a good 10,000 murder gap each year. "It's part and parcel..." If anyone on 'our side' kills anyone though, we're expected to lose our gun rights and shut up on any political speech because we're 'hateful'.
We have to tolerate all sorts of lies and insane talk from their side. "But those are just crazies, just tolerate them." But if anyone makes any talk about how fast crematoriums can burn bodies, suddenly they need to go to jail.
We have to accept gay pride symbols wallpapered everywhere and have DIE training in companies. Try the opposite with any flag they don't like, or training that goes against their orthodoxy and you get jailed/fired/canceled.
Tolerance is just obedience to what they want. As soon as you ask them to tolerate anything back you see how unacceptable it is to them.
Hah. It's a ban on sales of new gas mowers in-state. Immigrant lawn services will either get theirs from Mexico, or they'll buy "used never ran" ones at new prices.
The law will only hurt law abiding citizens trying to do the right thing.