Posts by bmc@jawns.club
 (DIR) Post #ASK22RUq0vKXWYtoZM by bmc@jawns.club
       2023-02-04T02:38:15Z
       
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       @lauren Maybe it's the sentry from "The Prisoner".
       
 (DIR) Post #ASK2D469Le9G8pPu52 by bmc@jawns.club
       2023-02-04T02:40:02Z
       
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       @lauren It's been a few years since I watched it. I'll take credit for remember Pinback from "Dark Star", though.
       
 (DIR) Post #ASK2aOkCkjNOpnHJGi by bmc@jawns.club
       2023-02-04T02:44:10Z
       
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       @lauren What a weird and terrific film that is.
       
 (DIR) Post #ATYeg63oVIydFfhGm8 by bmc@jawns.club
       2023-03-13T01:49:16Z
       
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       @lauren Still, as Katie Porter noted, SVB still did not hedge against interest rate increases, as would have been simple financial prudence.
       
 (DIR) Post #ATYfBgCiAnVIKGv1U0 by bmc@jawns.club
       2023-03-13T01:54:59Z
       
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       @lauren I'm uncomfortable laying this at the feet of the Fed, when SVB lobbyists and the SVB president pushed Congress (successfully) to exempt them from the kinds of stress tests that might have prevented this mess. See, for instance, https://theintercept.com/2023/03/11/silicon-valley-bank-used-former-mccarthy-staffers-to-weaken-regulations-lobby-fdic/
       
 (DIR) Post #ATYfiTV6QPBiU29uts by bmc@jawns.club
       2023-03-13T02:00:53Z
       
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       @lauren Not at all. I'm bending over backwards not to excuse malfeasance on the part of the bank executives. Whether one agrees or disagrees with the interest rate hikes, it's not as though the banking executives didn't have plenty of warning -- and, yet, they failed to hedge. Nearly ALL their "protection" was in bonds, which fall when interest rates rise.That's financial negligence, at best.And it's quite independent of whether one agrees or disagrees with the Fed's approach to inflation.
       
 (DIR) Post #AU5DlBk8Hisb0krh7g by bmc@jawns.club
       2023-03-27T15:19:54Z
       
       0 likes, 1 repeats
       
       They're not "saying the quiet part out loud". They're confident enough now that there no longer *is* a quiet part.
       
 (DIR) Post #AU5DlDlyjpXpJ3kCHI by bmc@jawns.club
       2023-03-27T17:48:54Z
       
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       BTW, the guy who tweeted this theocratic crap? Typical GOP hack who thinks rules don't apply to him.——"Higgins has appeared and spoken at events organized by fringe, anti-government militia groups such as the Three Percenters and the Oath Keepers." [Wikipedia]He's also apparently used his "reserve" position with Louisiana law enforcement for personal gain.And then there's this hilarious "throw some red meat to the base" bit of word salad that prompted a response from Dictionary.com: