Thanks tRump for the SVB fail

In activism and politics, woke (/ˈwoʊk/ WOHK) means "alert to racial prejudice and discrimination". Beginning in the 2010s, it came to encompass a broader awareness of social inequalities such as sexism, and has also been used as shorthand for American Left ideas involving identity politics and social justice, such as the notion of white privilege and slavery reparations for African Americans.

Sounds horrible horrible horrible!! No wonder stupid Tommie-poo's heroes mention it in a horrified tone in every other sentence! Woke woke woke woke woke!! EEEEEEEK!!!

I mean, social justice and equality...what crazy newfangled liberal radical radical liberal commie socialist woke woke woke woke woke nonsense!!!

I'm Roger RepubliQ, and you should vote for me because I'm not woke. Nothing else matters. My so-called twelve rape convictions are just fake news. Send me lots of money!! NOW!!

Regulators were aware of the risks in SVB 4 years ago.  So much for blaming Trump 

https://www.foxbusiness.com/politics/federal-reserve-sounded-alarm-silicon-valley-banks-risk-management-2019-report

Regulators "being aware" doesnt mean anything if they cant do anything about it.   And they couldnt.  And there's a reason they couldnt.   And you are really uncomfortable talking about it, aren't you?

Who was *president and removed the regulations in 2019?

Stupid tom.

Give up, stupid Tommie-poo. You're getting schooled so often here, I almost feel embarrassed for you.

Back on topic.

Well... Well... Look who else is to blame for SVB's demise?

https://www.msnbc.com/the-reidout/reidout-blog/silicon-valley-bank-collapse-kyrsten-sinema-rcna75190?cid=sm_npd_ms_tw_ma&taid=641a5f60dc22cf0001ed5ebf&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter

Our old friend...

Ladies and Gents..Welcome to the show !...Hit it, Freddy!

.... uh 1,2,3,4...

"Wasted Days and Wasted Nights...I have left for you behind ... "

...2,3,4...

Enjoy..Cheers

You and Freddy do realize that "I have left for you behind" doesn't actually make any sense, right?

So many second-tier rock artists write nonsensical lyrics that don't rhyme or scan, because their vocabularies are sadly limited...or they just don't give a shit.

The point of this thread is so that we can have fun watching our resident conservitards wriggle and squirm as they try to tell us that the SVB bank failure really wasn't their orange god's fault. If it doesn't provide the proper entertainment value for you, well...as Maxwell Smart would say, "I'm sorry about that, chief."

Keep an eye out for my upcoming thread about fluffy white bunnies.

Yeah..I realized the inappropriate lyrical/ grammatical / contextual usage..yet, that's the way it was originally presented / recorded. Freddy Fender's biggest hit..nobody cares, though, really.

And of course, there just couldn't have been any external regulatory factors behind said failure ( the Fed's regulatory job, actually, which was  per normal written into the regulatory change bill that you implicitly and totally assign as Trump's doing). And of course we can't blame SVB's internal self-auditors who actually exhibited some incompetence and lackadaisical approach to selfcheck their own hen house. A heavy part of SVB's asset liabilities were tied up in govt backed treasury bonds which were massively devalued as interest rates escalated ( which was ultimately necessary by the Fed in order to curtail inflationary pressures to some unknown degree). Then the SVB customer base raided the hen house en masse to get their eggs out ( that's human nature when the shit hits the fan).

It's your prerogative to assign total fault to Trump for this failure..fully expected. But there were a lot of other factors whether you admit it or not. Freddy's ghost told me so.