banking compared and contrasted by karl denninger;

Oh but so many climate-related firms are going to fail to make payroll!  – Any one of a thousand Internet scolds.

My answer: So what?

Next up – Republic, which apparently had lines out the door (if you believe the Internet) on Saturday.  Again: So what?

Folks, bubbles attract stupidity.  Stupidity is a constant in the universe; in fact it is likely the only thing that is truly infinite (with all due respect to the late Mr. Einstein.)

The so-called “Chief Risk Officer” at SVB had a masters in….. public administration.  Anyone care to bet if she passed any form of advanced mathematics — you know, like for example Calculus or Statistics?  Do you think she understood exponents and why this graph made clear that concentration of risk and duration was stupid and likely to blow up in everyone’s face — including hers?

How about Bill Ackman and the others on the Internet screaming for a bailout?  How about the CFOs of public companies like Roku that stuck several hundred million dollars in said bank?  Was it not widespread public knowledge (and available to anyone who took 15 minutes to do research, which you’d think someone would do before putting a hundred million bucks somewhere) that this institution was chock-full of VC-funded startup companies which, historically fail 90% of the time and their debt becomes impaired or even worthless? .............more........

 woke concentrated on bullshit diversity instead of banking and then went bust;

After New York state regulators shut down Signature Bank Sunday, a series of woke videos produced by the company has gone viral, with critics noting it’s no wonder the bank went under if this was what they were concentrating on.

Grit Capital founder Genevieve Roch-Decter shared the videos, asking “Is it surprising that Signature Bank failed?”

“Their executive team spent millions of dollars to produce music videos & TV shows about themselves,” she continued, adding “Try not to cringe as you watch this.”

Is it surprising that Signature Bank failed?

Their executive team spent millions of dollars to produce music videos & TV shows about themselves..........more........

 tucker speaks about ukraine and those who support or oppose the empire's actions there for eight minutes;

watch........

revelations on complete nonsense is finally spoken out loud in less than a minute;

"My colleague over there says we saved a million lives with these vaccines. That is utter and complete nonsense. These vaccines saved no one. Across the world the most highly vaccinated countries had the worst case fatality rate." -Dr. Pierre Kory, Wisconsin testimony......watch......

 thirty nine seconds of african culture being displayed;

watch.......

 tucker shows diversity is political correctness disguised;

watch.....

 this is how a large number of 'our' future lawyers and judges view reality and current events;

Hundreds of Stanford student activists on Monday lined the hallways to protest the law school’s dean, Jenny Martinez, for apologizing to Fifth Circuit appellate judge Kyle Duncan, whom the activists shouted down last week.

The embattled dean arrived to the classroom where she teaches constitutional law to find a whiteboard covered inch to inch in fliers attacking Duncan and defending those who disrupted him, according to photos of the room and multiple eyewitness accounts. The fliers parroted the argument, made by student activists, that the heckler’s veto is a form of free speech.

{snip}

The protest followed a flurry of open letters from student activists, who spent much of the weekend berating Martinez after she and Stanford University president Marc Tessier-Lavigne issued a formal apology to Duncan condemning the students who disrupted his talk and the administrators who stood by silently and watched them do so.

The apology also took a swipe at Tirien Steinbach, the law school’s associate dean of diversity, equity, and inclusion, who interrupted Duncan to lecture him about the “harm” he’d caused.

When Martinez’s class adjourned on Monday, the protesters, dressed in black and wearing face masks that read “counter-speech is free speech,” stared silently at Martinez as she exited her first-year constitutional law class at 11:00 a.m., according to five students who witnessed the episode. The student protesters, who formed a human corridor from Martinez’s classroom to the building’s exit, comprised nearly a third of the law school, the students told the Washington Free Beacon.

The majority of Martinez’s class—approximately 50 students out of the 60 enrolled—participated in the protest themselves, two students in the class said. The few who didn’t join the protesters received the same stare down as their professor as they hurried through the makeshift walk of shame.

“They gave us weird looks if we didn’t wear black” and join the crowd, said Luke Schumacher, a first-year law student in Martinez’s class who declined to participate in the protest. “It didn’t feel like the inclusive, belonging atmosphere that the DEI office claims to be creating.”........https://www.amren.com/news/2023/03/student-activists-target-stanford-law-school-dean-in-revolt-over-her-apology/