Search found 1265 matches
- Sun Mar 12, 2023 11:28 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 441708
Re: Silicon Valley Bank Failure
Feds announce that all SVB depositors will be made whole. Even those above $250K. It seems like someone explained the situation to them. Still, just a stop gap. This solution is a bit capricious and not a good foundation for future planning. Best to assume that any future failures won't be covered ...
- Sun Mar 12, 2023 4:58 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 441708
Re: Silicon Valley Bank Failure
Some interesting observations from Bill Ackman: *** https://twitter.com/BillAckman/status/1634564398919368704 In 1991 when Bank of New England failed, the FDIC stepped in and insured all depositors including those over the (then) $100,000 limit. They did so for the exact reasons your quote describe...
- Sun Mar 12, 2023 1:09 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 441708
Re: Silicon Valley Bank Failure
And then the unimaginable happened. Rising interest rates. Kaboom. A lot of regional banks are in the same position. If the Feds raise rates, more banks go under. If they don't raise rates, inflation stays high. Jerome Powell not feeling irie this weekend I imagine Bernanke sipping margaritas knee ...
- Sat Mar 11, 2023 2:24 pm
- Forum: Other Discussions
- Topic: Silicon Valley Bank Failure
- Replies: 130
- Views: 441708
Re: Silicon Valley Bank Failure
In the short term, I would expect another (possibly large) run on the banks come Monday as every CFO in the country moves cash above $250K into 3 month treasury bills. That's a massive amount of money. I wonder what effect it might have on the treasury and short term debt markets to experience a su...
- Fri Mar 10, 2023 5:00 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
Would you rather the poor be poorer, so long as the rich are worse off? https://www.youtube.com/watch?v=pdR7WW3XR9c This was actually pretty thought provoking. I watched the video twice and then thought about it more during an evening walk (I know, get a life). If I am understanding what Maggie sai...
- Fri Mar 10, 2023 3:15 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
Would you rather the poor be poorer, so long as the rich are worse off? https://www.youtube.com/watch?v=pdR7WW3XR9c This was actually pretty thought provoking. I watched the video twice and then thought about it more during an evening walk (I know, get a life). If I am understanding what Maggie sai...
- Thu Mar 09, 2023 2:53 pm
- Forum: Other Discussions
- Topic: Simon Baron-Cohen’s Autism test
- Replies: 16
- Views: 4468
Re: Simon Baron-Cohen’s Autism test
I scored 32.
I'm seriously contemplating taking a run over to Las Vegas and trying my hand at counting cards. After People's Court is finished.
I'm seriously contemplating taking a run over to Las Vegas and trying my hand at counting cards. After People's Court is finished.
- Thu Mar 09, 2023 2:07 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
But the same goes for the median income? [In 2020, Franklin County, MA had a population of 70.5k people with a median age of 47 and a median household income of $61,198.] Therefore isn't the issue you have been discussing ratio of [House / Income]? Where you live might be a good place for a young p...
- Thu Mar 09, 2023 1:41 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
Timely news for this thread: https://www.yahoo.com/finance/news/10-ways-biden-is-pushing-to-increase-taxes-in-his-2024-budget-proposal-170009051.html In his budget, President Biden is renewing his long-standing calls for more taxes on Corporate America. Biden wants to raise the corporate income tax...
- Thu Mar 09, 2023 12:10 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
But the same goes for the median income? [In 2020, Franklin County, MA had a population of 70.5k people with a median age of 47 and a median household income of $61,198.] Therefore isn't the issue you have been discussing ratio of [House / Income]? Where you live might be a good place for a young p...
- Thu Mar 09, 2023 12:07 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
Would you rather the poor be poorer, so long as the rich are worse off? https://www.youtube.com/watch?v=pdR7WW3XR9c No. But I'd love to hear your thoughts on the (sincere) question to Pug: What are your thoughts on wealth disparity and income disparity? Real issue or an exaggerated, maybe fake soun...
- Thu Mar 09, 2023 11:44 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
Would you rather the poor be poorer, so long as the rich are worse off? https://www.youtube.com/watch?v=pdR7WW3XR9c No. But I'd love to hear your thoughts on the (sincere) question to Pug: What are your thoughts on wealth disparity and income disparity? Real issue or an exaggerated, maybe fake soun...
- Thu Mar 09, 2023 11:34 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
I was with a friend last weekend who told me he was hiring starting engineers (just out of college, no experience) at $70,000. I just checked and it seemed like the average price of a house in my county is about $280,000. So four times. But wouldn't that be less since first-time home buyers are usu...
- Thu Mar 09, 2023 11:25 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
If the rising tide had floated all boats, there might not be the dissension we see or the need for this thread. But instead we have super winners and losers. I guess it depends on your opinion of what that means. Even truly poor people in the US have cell phones, flat screen TVs and air conditionin...
- Thu Mar 09, 2023 11:18 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
I think the writing is on the wall that the wealthy (including the traditional middle-class) are going to increasingly vilified and made to do penance for whatever inequality happens to be the focus of concern. I definitely agree it's not justified or helpful to villianize the wealthy. But I wonder...
- Thu Mar 09, 2023 10:06 am
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
I think the writing is on the wall that the wealthy (including the traditional middle-class) are going to increasingly vilified and made to do penance for whatever inequality happens to be the focus of concern. I definitely agree it's not justified or helpful to villianize the wealthy. But I wonder...
- Wed Mar 08, 2023 1:28 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
... but aren't many youth (<30 years) more inclined to socialism, that transition to being capitalist (>30 years old) ... once they've accumulated some of their own wealth. That's definitely the historical trend. It also spills over into political affiliation, more liberal in youth, more conservati...
- Wed Mar 08, 2023 1:25 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
- Wed Mar 08, 2023 1:23 pm
- Forum: Politics
- Topic: Socialism - Should we be worried
- Replies: 65
- Views: 47309
Re: Socialism - Should we be worried
On the World Economic Forum "own nothing and be happy" quote: I did some digging to try to find the origin of that and what the broader context might be. *** In some corners that slogan is treated as their official position which it seems that it is not. Thank you for the research. I have...
- Thu Mar 02, 2023 11:18 pm
- Forum: Politics
- Topic: Great article on the new politics
- Replies: 12
- Views: 7649
Re: Great article on the new politics
Too bad KGB is not active here. He would destroy the author's assertion that the militia groups would be effective in starting some form of war. KGB persuasively explained to all of how our professional military would demolish these ill-prepared militia's. I remember those posts. Kgb painted a vivi...
- Wed Mar 01, 2023 11:45 am
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 990635
Re: Putin Invades Ukraine II
The question is if you can disarm if you really never had the capability in the first place. Those bombs were located in their country geographically but were they ever able to actually use them prior to giving them up? Vinny, Here's a short article that answers your question (from an organization ...
- Wed Mar 01, 2023 9:28 am
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 990635
Re: Putin Invades Ukraine II
What with the starvation, and now more recent invasion by a vile terrorist neighbour, I'm certain that Ukraine deeply regrets having ever believed Russian promises when it surrendered its nukes. Caught twice, one would expect Ukraine to never be caught out again. Can't see how a negotiated settleme...
- Tue Feb 28, 2023 10:28 am
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 990635
Re: Putin Invades Ukraine II
What with the starvation, and now more recent invasion by a vile terrorist neighbour, I'm certain that Ukraine deeply regrets having ever believed Russian promises when it surrendered its nukes. Caught twice, one would expect Ukraine to never be caught out again. Can't see how a negotiated settleme...
- Sun Feb 26, 2023 6:37 pm
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 990635
Re: Putin Invades Ukraine II
I think it may be more accurate to say that the weapons systems given to Ukraine by the West are not supposed be used for attacking Russia in Russia. Whether that’s the honor system or the launchers have been modified, I’m not sure. I think both(?) But, they aleady have used drones to attack Russia...
- Sun Feb 26, 2023 11:19 am
- Forum: Politics
- Topic: Putin Invades Ukraine II
- Replies: 1173
- Views: 990635