U.S. regulators say Silicon Valley Bank customers will be made whole

[JerryBaumchen 1,365]

3 minutes ago, wolfriverjoe said:

Closed places usually get posted 'no trespassing' pretty quick.

WalMarts that allow parking usually allow big trucks. Cracker Barrel usually does not.

Some drivers are absolute pigs. Generally, taking a dump in the middle of the parking lot and leaving it (human, not dog poo) is a good way of getting everyone kicked out.

Hi Joe,

As Winny, the Pooh said:  'I have found the enemy and he are us.'

Jerry Baumchen

[billvon 2,997]

11 hours ago, olofscience said:

It's weird how you overuse the term like it's the first latin phrase you've ever learned.

Remember when "quid pro quo" was the Latin term all conservatives used?  They didn't _quite_ know what it meant, but it made them sound quite smart, and they figured it was somethin' bad 'bout Biden.

[wmw999 2,452]

1 hour ago, JerryBaumchen said:

Hi Wendy,

Then do not come to Oregon:  Cracker Barrel closes final Portland-area restaurants - oregonlive.com

Conversely, the parking lot will be really empty.

Jerry Baumchen

 

 Works for me. Anyway, I only boondock like that when I’m on my own; my husband prefers plans  

Wendy P.

[winsor 236]

1 hour ago, JerryBaumchen said:

Hi Joe,

As Winny, the Pooh said:  'I have found the enemy and he are us.'

Jerry Baumchen

Pogo Possum

[JerryBaumchen 1,365]

2 hours ago, winsor said:

Pogo Possum

Hi winsor,

Yes, Pogo.  Thank you.

Jerry Baumchen

[kallend 2,027]

13 hours ago, JerryBaumchen said:

Hi Wendy,

Then do not come to Oregon:  Cracker Barrel closes final Portland-area restaurants - oregonlive.com

Conversely, the parking lot will be really empty.

Jerry Baumchen

 

Apparently there's a strong correlation between the Cracker Barrel/Whole Foods ratio and GOP/Dem voting ratio in counties across the USA.  Ditto for life expectancy.

[brenthutch 444]

Let me break this down (in tiny pieces so Olof can follow)

1. The majority of customers w balances greater than $250k are tech companies (at least according to Ro Khanna the Silicon Valley’s representative)

2. Tech companies overwhelmingly contribute to Democrat coffers (as you guys have been bragging about)

3. By using OPM (other people’s money) the administration the administration broke the rules regarding FDIC deposits and covered the exposure of SVB customers and by extension, it’s donors.

4. If anyone doesn’t think there is at least a partial political motive in this bailout, all I can say is…Bless your heart, Pollyanna, aren’t you just adorable.

Edited March 22, 2023 by brenthutch

[olofscience 480]

57 minutes ago, brenthutch said:

Let me break this down (in tiny pieces so Olof can follow)

And yet you don't notice the huge gap between 1 and 2...the very definition of a 'non sequitur'.

Your link showed tech company EMPLOYEES donate to democrats, not the tech companies themselves. Individuals are unlikely to bank at SVB because SVB specialises in business accounts, not personal bank accounts.

 

It must suck to keep getting owned by your own links 

Edited March 22, 2023 by olofscience

[SkyDekker 1,465]

3 hours ago, brenthutch said:

The majority of customers w balances greater than $250k are tech companies (at least according to Ro Khanna the Silicon Valley’s representative)

2. Tech companies overwhelmingly contribute to Democrat coffers (as you guys have been bragging about)

The source you provided referred to internet companies. You are using that to infer something about technology companies. You will first have to show they are the same thing.

If you are able to do that, then we come up to the next issue. If we assume you are correct about Ro Khanna making that statement (which is a huge assumption considering your history here), then she says the companies are the majority of customers with balances greater than $250k. However the article you reference for your 99% claim talks about employees of and generally executives of internet companies making these donations.

So we have different companies and different entities of the companies and somehow you are treating it all the same for your conclusion.

I know words can be very difficult, but you are adorably trying.

[brenthutch 444]

On 3/22/2023 at 7:19 PM, SkyDekker said:

The source you provided referred to internet companies. You are using that to infer something about technology companies. You will first have to show they are the same thing.

If you are able to do that, then we come up to the next issue. If we assume you are correct about Ro Khanna making that statement (which is a huge assumption considering your history here), then she says the companies are the majority of customers with balances greater than $250k.

 

Last time I checked Ro Khanna was identifying as a man 

He was on the Sunday shows last week talking about the nature of SVB’s large depositors.  

What is even more telling, when Senator James Lankford (R) of Oklahoma (who also identifies as a man) asked Janet Yellen (who identifies as the Treasury Secretary) if regional banks in Oklahoma would receive the same treatment, she said she could not make that assurance.
 

 

[JoeWeber 2,722]

On 3/22/2023 at 3:24 PM, brenthutch said:

Let me break this down (in tiny pieces so Olof can follow)

1. The majority of customers w balances greater than $250k are tech companies (at least according to Ro Khanna the Silicon Valley’s representative)

2. Tech companies overwhelmingly contribute to Democrat coffers (as you guys have been bragging about)

3. By using OPM (other people’s money) the administration the administration broke the rules regarding FDIC deposits and covered the exposure of SVB customers and by extension, it’s donors.

4. If anyone doesn’t think there is at least a partial political motive in this bailout, all I can say is…Bless your heart, Pollyanna, aren’t you just adorable.

Let me break this down for you from my yacht inside the Panama Canal: you truly do not know jack shit about business. You know about marching around in a green suit for 20 years and you know about making pancakes while your wife goes to work. But you don't know fuck all about running money, or managing assets internationally, or laddering risk. Frankly, I am seriously tired of your bullshit schtick of acting like you have anything approaching real world business or financial experience. Here's your shot, hero, smack me down with your resume.

[olofscience 480]

10 hours ago, JoeWeber said:

you truly do not know jack shit about business. You know about marching around in a green suit for 20 years and you know about making pancakes while your wife goes to work. But you don't know fuck all about running money, or managing assets internationally, or laddering risk. Frankly, I am seriously tired of your bullshit schtick of acting like you have anything approaching real world business or financial experience. Here's your shot, hero, smack me down with your resume.

Surely with all brent's bragging here about his cars and guns, that he was invited to open an SVB account since the only way to open one was through wealthy connections? For his shell company, of course, since SVB doesn't really do personal bank accounts.

Edited March 27, 2023 by olofscience

[gowlerk 2,200]

Things seem to be getting a little too personal in this thread. Just sayin'.

[JoeWeber 2,722]

Just now, gowlerk said:

Things seem to be getting a little too personal in this thread. Just sayin'.

You block him, I engage him. You called him a Troll, I called him out of his depth. He has a chance.

[gowlerk 2,200]

5 minutes ago, JoeWeber said:

You block him, I engage him. You called him a Troll, I called him out of his depth. He has a chance.

It's not just you, the whole thing is starting to go a little "off the rails".

 

[JoeWeber 2,722]

Just now, gowlerk said:

It's not just you, the whole thing is starting to go a little "off the rails".

 

You're right. Thanks.

[johnhking1 96]

3 hours ago, gowlerk said:

Things seem to be getting a little too personal in this thread. Just sayin'.

If these two meet in a bar, can someone video the fist fight and post it.

[SkyDekker 1,465]

16 hours ago, brenthutch said:

What is even more telling, when Senator James Lankford (R) of Oklahoma (who also identifies as a man) asked Janet Yellen (who identifies as the Treasury Secretary) if regional banks in Oklahoma would receive the same treatment, she said she could not make that assurance.

Remember that Latin phrase you recently learned about....it applies here.

[brenthutch 444]

1 hour ago, gowlerk said:

It's not just you, the whole thing is starting to go a little "off the rails".

 

That is what happens when one starts to get close to the truth.

[gowlerk 2,200]

1 hour ago, johnhking1 said:

If these two meet in a bar, can someone video the fist fight and post it.

They are all skydivers. They would drink together and be best of friends in real life.

[Phil1111 1,149]

Ok, ok everybody cool down. Here is a story that makes Brent and Joe each look like rocket surgeons.

So the Saudi national bank had one of the prince's buddies appointed as president. The Saudi bank invested and lost over $26 billion dollars in the 10% investment they made in Credit Suisse. About two weeks ago he shoots his mouth off that the Saudi bank wouldn't extend any more help to Credit Suisse. He could had said nothing or something positive. It was his comments that started the bank run.

He just lost his job. No word yet if MBS will have his head lopped off in the public square.

[Phil1111 1,149]

13 minutes ago, gowlerk said:

They are all skydivers. They would drink together and be best of friends in real life.

Would that depend on who is buying?

[gowlerk 2,200]

2 minutes ago, Phil1111 said:

Would that depend on who is buying?

Joe is buying the first few rounds. He likes to show off and can be gregarious.

[lippy 918]

1 hour ago, brenthutch said:

That is what happens when one starts to get close to the truth.

And you keep getting closer: hell, one of these days you just might post something truthful. 

Edited March 27, 2023 by lippy

[Phil1111 1,149]

1 minute ago, lippy said:

And you keep getting closer: hell, one of these days you just might post something truthful. 

IMO its more of a scattergun approach. Occasionally he hits the mark. Then immediately misses the broadside of a barn.