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When your plan is eliminating the use of fossil fuel, everything is fair game. propane grills are next.
[quote quote=7010]Try this Stanford’s War Against Its Own Students | The Free Press (thefp.com)[/quote]
Beat me to it Mick.
Just being a Stanford dad, this saddens me. Crazy thing is, if Stanford students were employees, Stanford could never exercise this kind of disciplinary nonsense.
I don’t believe Liz Warren is a stupid person, but she deserves an Oscar for convincingly playing the part.
https://www.cbsnews.com/news/elizabeth-warren-fdic-insurance-cap-lift-silicon-valley-bank/
The gist of latest batch of gibberish is because banks are under-regulated, we need to raise the FDIC limit. Huh? Rather than take steps to tighten controls and banking rules, she proposes a fix that will cost taxpayers even more?
Nice work Liz. So much for looking out for the little guy! Protecting millionaires is now a priority.
Cut and pasted from the NY Times OP Ed. I voted for Kent only to help Republicans gain control of the House. Perez, a moderate, is a better choice and I believe she will do a good job. Kent is an election denier, and another Trump endorsed candidate that failed to win. (Kent still has not conceded the election.)
My fear is Trump will not win the nomination and run as independent, assuring a Dem victory.
Here is the op ed.
<p class=”css-at9mc1 evys1bk0″>”When I reached Marie Gluesenkamp Perez on Monday morning, the Democratic representative-elect from Washington State was sitting on the steps of the U.S. Capitol.</p><p class=”css-at9mc1 evys1bk0″>Her race against Joe Kent, a stolen-election conspiracy theorist endorsed by Donald Trump, had been called on Saturday, giving her enough time to get to Capitol Hill for new-member orientation. Because of the Republican lean of her district, Washington’s Third, her victory was widely considered the biggest upset of any House contest; FiveThirtyEight’s final forecast had given her a mere 2 percent chance of winning. “A lot of people sacrificed to get me here,” she told me, speaking with particular gratitude of all the mothers who called in babysitting favors to knock on doors for her.</p>
<p class=”css-at9mc1 evys1bk0″>I’d gone to Gluesenkamp Perez’s district in September because I saw it as a microcosm of the midterms. Kent, a Fox News regular who put a member of the Proud Boys on his payroll, had ousted Jaime Herrera Beutler, one of the 10 Republicans who voted to impeach Trump after the Jan. 6 insurrection, in the primary. Gluesenkamp Perez hoped that there would be enough moderate Republicans worried about the future of American democracy, and aghast at the end of Roe v. Wade, to offset Kent’s partisan advantage. The outcome, I thought, would tell us whether Republicans would pay any price for their extremism.</p>
<p class=”css-at9mc1 evys1bk0″>It is a profound relief to see that they have. Having spent a fair amount of time thinking about this bellwether race, I see four main takeaways from it.</p><p class=”css-at9mc1 evys1bk0″>1. Democrats need to recruit more working-class and rural candidates.</p>
<p class=”css-at9mc1 evys1bk0″>Gluesenkamp Perez is a young mother who owns an auto repair shop with her husband. They live in rural Skamania County, in a hillside house they built themselves when they couldn’t get a mortgage to buy one. On the trail she spoke frequently of bringing her young son to work because they couldn’t find child care. She shares both the cultural signifiers and economic struggles of many of the voters she needed to win over.</p>
<p class=”css-at9mc1 evys1bk0″>“I hope that people see this as a model,” she told me on Monday. “We need to recruit different kinds of candidates. We need to be listening more closely to the districts — people want a Congress that looks like America.”</p>
<p class=”css-at9mc1 evys1bk0″>2. Voters can see the link between abortion bans and authoritarianism.</p>
<p class=”css-at9mc1 evys1bk0″>During her campaign, Gluesenkamp Perez spoke about having a miscarriage and being forced to make her way through a wall of protesters to get medical care at a Planned Parenthood clinic. While Kent called for a national abortion ban, she appealed to her district’s libertarian streak by including both gun rights and reproductive rights in her promise to “protect our freedoms.”</p>
<p class=”css-at9mc1 evys1bk0″>On Monday, she said that voters connected abortion bans to a broader narrative of right-wing radicalism. Even if voters thought abortion rights in Washington State were safe with Democrats in charge, the end of Roe showed that Republicans are willing to upend some basic assumptions undergirding American life. “It made people take Republicans, especially the extreme wing, seriously when they say they want to defund the Department of Education, the Department of Justice, the F.B.I.,” she said.</p>
<p class=”css-at9mc1 evys1bk0″>3. MAGA Republicans are stuck in a media echo chamber.</p>
<p class=”css-at9mc1 evys1bk0″>A common rap on liberals is that they’re trapped in their own ideological bubble, unable to connect with normal people who don’t share their niche concerns. This cycle, that was much truer of conservatives. The ultimate example of this was the Arizona Senate candidate Blake Masters, the human incarnation of a right-wing message board, who lauded the Unabomber manifesto and put out gun fetishist campaign ads that made him look like a serial killer.</p><p class=”css-at9mc1 evys1bk0″>Kent suffered from a similar sort of insularity. He attacked sports fans, suggesting it’s not masculine for men to “watch other men compete in a silly game,” a view common in corners of the alt-right but unintelligible to normies. Gluesenkamp Perez said Kent seemed shocked when, during a debate, his line about vaccines as “experimental gene therapy” didn’t go over well, which she took as a sign that he’d spent too much time “operating in the chat rooms.”</p>
<p class=”css-at9mc1 evys1bk0″>The ultimate expression of the right-wing echo chamber was the Stop the Steal movement itself. Conservatives might have been less credulous about it if they weren’t so out of touch with the Biden-voting majority.</p>
<p class=”css-at9mc1 evys1bk0″>4. Data isn’t everything.</p>
<p class=”css-at9mc1 evys1bk0″>As FiveThirtyEight’s Nathaniel Rakich acknowledged on Twitter, the site’s model didn’t take into account Kent’s personal weaknesses, and included only one post-Labor Day poll. An overreliance on a few data points made Gluesenkamp Perez’s position look weaker than it really was. Democrats I spoke to in Washington State — as well as some Republicans — believed she had a decent shot, but national Democrats seem to have remained unconvinced. The Democratic Congressional Campaign Committee gave her no financial support.</p>
<p class=”css-at9mc1 evys1bk0″>Democrats obviously shouldn’t disregard poll numbers or data about the partisan breakdown of the electorate. But we underestimate the human factor in politics at our peril.</p>
<p class=”css-at9mc1 evys1bk0″>“You’ve got a Trump cult-of-personality acolyte, and everybody writes off the district,” Brian Baird, a Democrat who represented the Third District from 1999 to 2011, told me in September. “But up steps this young, feisty, bright, moderate woman, with a young child, trying to run a small business, and she says, ‘I’m not going to put up with this.’” Sometimes stories tell you what statistics can’t.</p>Will there be consequences for SVB management failing to act as a fiduciary? From SVB’s Corporate responsibility report-
With our 2021 acquisition of Boston Private, we announced our five-year, $11.2 billion Community Benefits Plan that will begin in 2022 and focus
on community philanthropy and investments in affordable housing and the financial needs of low- and middle-income residents in California and
Massachusetts. These programs are designed to expand access to small business and entrepreneurship, homeownership and innovation economy
careers to those who may not have had such access in the past.Looks like SVB might have survived a run had they not “invested” in projects that are inclusive and equity based over those projects showing a higher chance of success. Is there a lesson for other banks who value inclusivity over returns? Unlikely.
Danger – Thread drift
The last piece of legislation JFK signed was the Community Mental Health Act. The intent was to establish over 1500 community based health care units for the mentally ill. His vision never materialized, and today a large portion of the homeless would be better served in a supervised setting.Surprising no one, New York, Hawaii, California, Oregon and Washington are the top 5 (or bottom) states for homelessness.
[quote quote=6968]
“This is one of those situations where the Progressives (who have taken over) really only care about the bottom 10%, maybe the bottom fifth of American society.”
Mick, if only that were true. Look at the inner cities, the homeless, the rural poor, the state of immigration. Progressives don’t give a hoot about the bottom 10% and never have. Progressives care about agendas, and have their agendas helped the bottom 10? Not in generations.[/quote]
Yep. Libs have ruled Oregon for the last 40 years and they continue to blame Republicans for all that is wrong. A current talking point is Reagan is the root cause of mental health problems because he closed the mental institutions. Without getting into the weeds, one simple question ends the conversation. Ok, Reagan caused the problem, what are libs doing to fix it? No response is typical.
[quote quote=6964]
Let’s not forget we’ve had 15 years to get this right. Regulators have been securing our banking system since 2008 with reflated balance sheets, untold capital infusions and stress tests.
Stress tests were indeed put in place via Dodd-Frank. But they were subsequently removed for banks under $250 billion, like SVB, under the Trump administration (bill S.2155), when Republicans controlled Congress. Diane Feinstein had a prescient warning at the time. The vote was:
- Republicans: 50 voted in favor, 0 voted against.
- Democrats: 16 voted in favor, 31 voted against.
Paul Volker warned against the repeal, as well, among many others. Maybe we should repeal the repeal.[/quote]
If legislation were judged on length and complexity, Dodd‐Frank would be a clear winner. 849 pages long and estimated to have introduced 27,278 new regulatory restrictions lets start by repealing Dodd Frank. It’s crushing regulatory weight has eliminated small to medium size banks and made it difficult for small businesses to borrow money.
At best Dodd Frank has not accomplished what is was supposed to. It is an obstacle, not an enabler for economic growth.
…and here comes the apology!
Mick, I think it will be at least 30 points next time the Fed meets. Based on the market in the last couple of days, investors might be thinking it will be more than that.
Inflation is not slowing, a fact that everyone but this administration grasps. If the Republicans have a plan to fight inflation, they are keeping it well under wraps.
It’s hard to accept the obvious sloppiness, incestuousness, and group-think afflicting mainstream media coverage of world events. Media is in the bag for Libs. I don’t believe anyone can honestly say otherwise, especially in the realm of foreign, domestic and monetary policy and national security.
I just shake my head…..
Interesting to me is Biden is still ranked #1 choice in various polls with Headboard Harris or Mayor Pete at #2. Amy Klobuchar is on the top 10 list, along with Bernie Sanders if Biden doesn’t run. Gretchen Whitmer claims she is not running.
Dems are showing a little love to Governors Polis, Shapiro, and Pritzker based on big wins over Trump endorsed opponents. Then there is California’s favorite son, Gavin Newsome rounding out the top 10. Conspicuous by her absence from lists I have seen is Liz Warren.
No matter who is on the ticket for the Dems, I firmly believe Republicans will royally fock it up.
