Yep, we're still mulling over the collapse of Silicon Valley Bank (and
two other lesser known banks) and their effect on the economy. At According to
Hoyt, SVB – A Guest Post by Francis Turner
does a pretty good job of explaining the collapse in words non-financial
wizards can understand. At CJ,
Bro-Bank Blues
"It’s easy to blame an out-of-control-tech sector for recent financial
failures, but Washington created the monster." At Da Wire, Ben Shapiro: Here’s Why Silicon Valley Bank Collapsed, and he says it really fast. At NYPo, SVB bailout shows ‘capitalism is breaking down,’ Ken Griffin says but then, we haven't had real "capitalism" in years, if ever. Actually,
I hate the term "capitalism" and prefer "free market." At the Free
Bacon, Silicon Valley Bank Bailout is Socialism for the Rich. Also at Da Wire,
‘Cringe’ Ads Go Viral From Failed Bank That Refused Trump’s Business: ‘A
Circus Not A Bank’
""Who would have trusted their money to these guys after watching this video?"
Dan Flynn at Am Spec,
Silicon Valley Bank Got Woke, Went Broke
"Corporate responsibility, huh?" At NYPo wannabe GOP Vivek Ramaswamy candidate
says
Big Tech wins unfair advantage over American workers in SVB scandal. Breitbart Business Digest,
The Bidenflation Banking Crisis. Vicky Taft at PJ Media,
The Fault Line in Biden's Bank Failures Runs Through Washington's Greed. At Breitbart,
Tom Cotton notes the Biden Administration Won’t Commit to Not Bailing Out
Chinese SVB Investors. It's fair, after all, they hold the mortgage on his soul. Matt Vespa at Town
Hall highlights
The Tweet That Captures the Backlash That Could Come From Bailing Out Silicon
Valley Bank:
Sean Davis@seanmdav "I’m sympathetic to
arguments to protect deposits at banks, but the federal government giving a
bailout to Silicon Valley while giving a finger to East Palestine is the stuff
that revolutions used to be made of." FEE explains
Why We Should Let Bad Banks Fail. "Bad banks need consequences. Let them fail." At Da Caller,
Financial Expert Explains Why The Economy Is Collapsing In One Perfect
Tweet (below).
The Treasury Department changed the rules, on its own non-existent authority
to do so, about releasing SARs to Congress. Pre-Hunter-Biden,
pre-"President"-Joe-Biden, if Congress demanded SARs about anyone, the
Treasury disclosed them.
But then the Biden Crime Family cheated
its way into power and Treasury decided it could no longer risk people's
"privacy" by disclosing the reports about their receipts of suspicious foreign
payment.
At Breitbart, J.D. Vance: Railroad Companies Have ‘Gotten in Bed with Big Government,’
Biden Administration Making It More Difficult to Clean up East Palestine
Mess. KT at Hat Hair sees House Democrats bail on Homeland Security Committee field hearing in
McAllen, Texas.
Da Caller, A Soros-Funded Organization Is Helping A Student Org Defy DeSantis’ Higher
Education Reforms, so you know who they fear. Rusty Weiss at the PI, NBC’s Chuck Todd Upset That DeSantis is ‘Politicizing’ Communism By Having
the Dangers Taught in Florida Schools. At Ricochet, DC Freaks Out Over DeSantis’s Ukraine Comments; Voters Shrug. Althouse reads the NYT, "Declaring this week that defending Ukraine against Russia’s invasion was
not a vital interest for the United States, Gov. Ron DeSantis of Florida
cemented a Republican shift..."
"... away from hawkish foreign policy that has played out over the past decade
and accelerated with Donald J. Trump’s political rise. Mr. Trump and Mr.
DeSantis — whose combined support makes up more than 75 percent of Republican
primary voters in the nascent 2024 presidential contest — are now largely
aligned on Ukraine, signaling a sharp break from the interventionist approach
that drove former President George W. Bush’s invasions of Iraq and
Afghanistan."
From
"DeSantis, Backing Away From Ukraine, Angers G.O.P. Hawks/The Florida
governor, who joined Donald Trump in declaring that defending Ukraine from
Russia was not a vital interest, drew swift condemnations from establishment
Republicans"
(NYT).
We lived a long time with Ukraine as an integral part of the USSR, essentially
a Russian Empire. It was better when they separated, but it is not essential.
I think we should help the Ukrainians as much as possible, but without putting
America at risk.
From Da Mail, Mitch McConnell is discharged from hospital and moved to inpatient rehab
after falling and hitting his head at a DC dinner. So the Pubs are still down one in the Senate.
Ace reports a Firm Employed by Democrat Congressional Campaign Committee Attempted to
Illegally Procure Military Files for Another Republican, "This Republican was also running against a Democrat for a congressional
seat. He lost by 1.5%. The firm is the one the DCCC paid $100,000 for
just this kind of background dirt -- Due Diligence." Ned Ryun at Am Great
thinks
Dominion’s Lawsuit Against Fox News Is Unfounded, "Fox simply did what a good news outlet is supposed to do in the face of a
controversial, national story: cover it from all sides."
From Twitchy,
Tucker Carlson holds a master class in trolling the Left with his new Twitter
bio. At BPR,
Crazed Keith Olbermann calls for Tucker’s arrest, says ‘Q Shaman’ lawyer had
tapes all along. From Da Wire,
Proud Boys J6 Case Upended By Hidden FBI Messages Judge Calls ‘Much Ado About
Nothing’. At Am Great, the redoubtable Julie Kelly elaborates in
A ‘Spill’ of FBI Secrets
In perhaps the most shocking revelations, Miller and another agent discussed
emails between Rehl, who has been imprisoned under pretrial detention orders
since March 2021, and his then-attorney, Jonathan Moseley. “Found an email
thread with Rehl and his attorney, Moseley. The attorney raised some
interesting points.”
“Hopefully all related to him pleading out,”
Miller replied.
Another defense attorney later noted that “there
appear to be missing FBI messages” in the same exchange.
Rather
than express outrage at the fact that the FBI was spying on what is commonly
considered privileged communications protected by the Constitution, Kelly
instead gave prosecutors time to concoct a face-saving strategy—and that they
did.
“It appears that the Jencks production to defense counsel may
involve a spill of classified information,” assistant U.S. Attorney Joyelyn
Ballatine told Judge Kelly. She added that the government needed to “claw
back” the entire spreadsheet to review all the messages for allegedly
“classified” material.
Justice no longer exists in America. At Da Wire, Trump Has ‘No Plans’ To Testify In Grand Jury Investigation As Likelihood
Of Being Indicted Increases. Even WaPoo admits the case hase major problems.
At the Free Bacon,
Student Activists Target Stanford Law School Dean in Revolt Over Her
Apology.
"Jenny Martinez becomes the target of student ire for saying “I’m sorry” to
besieged judge Kyle Duncan." Bob Spencer at Front Page, Stanford Law School Descends Into Barbarism "These people will soon be lawyers, and then, God help
us." Jennifer Van Laar at Red State reports Antifa Attacks Charlie Kirk's UC Davis Speech
John Sexton at Hat Hair reports
Wellesley College will hold vote on whether to accept trans men as
students, Sure,why not? At NYPo,
University president on paid leave after Indigenous identity claim: ‘I deeply
apologize’ Why paid? LA Times cited at Hat Hair, notes the
California ‘Teacher of the Year’ faces 14 charges in child sexual abuse
case. "The teacher is charged with seven counts of possession of child pornography
and four counts of sexual exploitation of a child. She is also charged with two
counts of committing lewd or lascivious acts with a child. Finally, Ma is
charged with attempting to dissuade a witness from testifying." At the Summit
Transgender Daycare Worker Charged With Sexually Abusing a Baby. Florida's Voice,
Florida to revoke Hyatt Regency Miami license after ‘sexually explicit’ show
with children. Jazz Shaw at Hat Hair features
Confessions of a former trans kid. Sundance at CTH has
Speak Up for the Kids!
Missy Robertson, Kirk Cameron, and Riley Gaines (representing Bethany
Hamilton, the surfer who lost her arm in a shark attack) had an appearance at
the Hendersonville, Tennessee public library last week. They were to read
children’s books they’d written for Brave Books, stories based on faith-based
principles.
The staff did everything they could to disrupt the
event, and according to Missy, kept the parents and kids in line outside in
the freezing rain when they could have formed the lines inside the library.
As
Missy says, for the sake of our children, our grandchildren, we must make sure
our voices are louder than theirs. I’m quite sure Drag Queens would have been
given the red carpet treatment.
Matt Vespa at Town Hall details How a Former Rolling Stone Editor Embarrassed Dems During Twitter Files
Hearing. From Twitchy, Glenn Greenwald DRAGS media using MAGA Trump/Right to push digital
censorship (Matt Taibbi assist). David Catron at Am Spec calls it
Censorship: The Week Democrats Finally Came Out. "They are now loud and proud about their desire to crush dissent to “save
democracy.”
Matt Margolis at PJ Media, We Were Censored for Reporting on Natural Immunity. What's Next?William Sullivan at Am Think looks forward to The Looming Reckoning for COVID Tyrants. I'm not holding my breath.