Financial regulators have closed Silicon Valley Bank and taken control of its deposits, the Federal Deposit Insurance Corp. announced Friday, in what is the largest U.S. bank failure since the global financial crisis more than a decade ago.
The collapse of SVB, a key player in the tech and venture capital community, leaves companies and wealthy individuals largely unsure of what will happen to their money….
… The last U.S. bank failure of this size was Washington Mutual in 2008, which had $307 billion in assets.
The yenta from Brooklyn is monitoring this development
Treasury Secretary Janet Yellen said during testimony before the House Ways and Means Committee on Friday morning that she was “monitoring very carefully” developments at a few banks. Yellen made her comments before the FDIC announcement.
Shortly after leaving Capitol Hill, Yellen convened a meeting of top officials at the Fed, the FDIC and the Comptroller of the Currency specifically to discuss the situation at SVB.
Surprise, surprise, Adam Bandt has been growing his retirement fund with coal and gas investments. So while he’s allowed to profit from Australia’s clean coal and natural gas everyday Aussies are not to be granted the same privilege? What a joke! A new low, even for the Greens
There are some very cruel organisations in the world.
A few months ago, it was FIFA. Now, it is the Oscars.
It is a bit strange though, that the woke hypocrites in Hollywood are not supporting one of their own. Maybe it is envy. While they are mere multi-millionaires, and have to go to various locations, wear some costumes and do some acting, Zele is getting billions/trillions just by wearing a brown/green shirt and whinging on the telly.
For the past year, Volodymyr Zelenskyy has been greeted with open arms by awards shows, film festivals and even the New York Stock Exchange. But when it comes to landing airtime on the most coveted telecast of all — the Oscars — the Ukrainian leader is being met with a cold shoulder.
More stuff coming out about Morrison acting like a dictator. Not only did he take over key Ministeries, he told nobody about AUKUS until it was a done deal.
Now, he may have been right about leaks, but did he ever do anything to address that problem? Nope, let’s just run my pet project like I am Kim Il Jung.
Ha ha, Modi tells Albo to stop the Injun assaults in Melbourne. Perhaps all the skilled migrants working in Dominos, servos etc should go back home to safety.
More stuff coming out about Morrison acting like a dictator. Not only did he take over key Ministeries, he told nobody about AUKUS until it was a done deal.
Naaah!..he, probably, told all those “executives” he promoted to AUKUS/Defence from CentreLink/ROBODEBT but none of them can recall the details! .. LOL!
Ha ha, Modi tells Albo to stop the Injun assaults in Melbourne.
Melbourne had this problem a few years ago, Indian students being abused on trams and other similar stories. What wasn’t reported at the time though is that it wasn’t the Anglo locals who were causing the abuse, but other immigrant groups who held different religious views to the Hindus.
ABC Noos. FNQ town of Burketown being evacuated due to unprecedented flooding. Long term locals say they haven’t seen floods this high since the 1970’s.
I rest my case.
GHOST RIDER | UPPSALA RUN 2022 – ”OLD AND CRAZY!!!” [SHORT 4K EDITION]
Splitting traffic at 299 km/h…
FMD, the slipstream would’ve had the cars rocking on their suspensions and the first the drivers would’ve seen of the bike was it disappearing over the horizon…
Amazed how easy it was to get in. The fly screen door was easy, the glass door took a bit of oomph…then the latch just broke. Looking at it, it was just cast aluminium and not billet. Sh*t to be honest. Amazed how easy it was to get in. The fly screen door was easy, the glass door took a bit of oomph…then the latch just broke. Looking at it, it was just cast aluminium and not billet. Sh*t to be honest.
Steve, as a fire commander doing initial size-ups at house fires, inwards opening doors barely slowed me down.
Mind you, I have constant pain in both shoulders these days…
Outwards opening security doors sometimes took a few seconds with a Halligan tool.
Home-made solid-bar security grills took slightly longer with a two-stroke disc-cutter.
Depending on the fire’s location, and if no windows where suitable, I’d sometimes task a crew with grabbing a “master key”, a ten-pound sledgie, and going in through a wall.
Houses are way more fragile than people realise.
They’re programmed to believe they’re stronger than they really are.
……..
More stuff coming out about Morrison acting like a dictator. Not only did he take over key Ministeries, he told nobody about AUKUS until it was a done deal.
That’s why Barnaby was imprisoned in DC, for sniffing, when he went there for AUKUS purposes – frozen out on ScoMao’s advice.
Cardi, I used to know a bloke who was a professional firefighter in Perth. His advice was to deal with a house fire yourself with your garden hose, you’ve generally got time. This was Perth so the vast majority of houses are double brick. Other materials may be different.
He said if you call the fire brigade the place will suffer more damage as 1) they will break down doors, even if they are unlocked.
2)They trample everything with their great big boots, 3)water damage much of the rest then leave.
The fire will be out though and they guarantee to save the block of land.
His advice was to deal with a house fire yourself with your garden hose, you’ve generally got time.
Absolutely recommended – unless it’s an electrical appliance that ignited and the power is still on…
There’s a lot to be said for small dry powder extinguishers.
…majority of houses are double brick
In the context of forced entry, bricks and blocks are brittle and far easier to go through with a well-swung sledgie than most people realise.
Other materials may be different.
The house’s structural materials have little influence on propagation or rate of spread.
It’s a common fallacy that brick and block houses are less likely to burn down – it’s the contents that feed the flames.
If the initial response isn’t quick enough, the heat from a contents fire will destroy the mortar bonds in brickwork and blockwork.
He said if you call the fire brigade the place will suffer more damage as 1) they will break down doors, even if they are unlocked.
2)They trample everything with their great big boots, 3)water damage much of the rest then leave.
I can’t speak for WA, Eyrie, but those old-school behaviours we’re being trained out of the firies in Qld, led by us fire investigators who preferred having everything left undisturbed so we could get forensic.
Doors – “try before you pry”
Trampling – “avoid secondary damage”
Water – “fine spray, targeted accurately”
The old “surround and drown” footpath firemen have mostly aged out of service now, in Queensland anyway.
AFLNT to remove Gwynne’s name from best and fairest medal
UPDATED: The AFLNT’s Gwynne Medal, awarded to the best and fairest female player of the year, will be renamed following revelations at Colleen Gwynne’s now discontinued criminal trial that she used racist and derogatory language to describe a female Aboriginal co-worker.
Lessbian, played AFL which nobody watched, promoted to very senior position with dubious qualifications, commits crime due to incompetence and political leanings, strong evidence, trial mysteriously abandoned, has token gesture cancelled as punishment, canned for saying what everybody in the NT says.
Cardi, a long time ago I heard a couple of stories about airport firefighters (they usually rank highly in State Volleyball as most of the time there is not much to do). One was at Jandakot where a bloke had trouble with the landing gear on a Cessna 337 push pull twin. IIRC he shut down the rear engine with the prop horizontal, managed to do the same with the front on short final for the grass underrun and got it stopped still on the grass. No damage beyond a few scratches…. until an over zealous firefighter who mistook the pilot carefully shutting down everything for “he’s trapped” and put an axe through the door.
The other was an Avon Sabre that landed at Woomera long time ago. He’d declared some sort of emergency but got the thing stopped on the runway, slid back the canopy only to have the cockpit filled with foam. Fortunately he had not taken off the oxygen mask.
Cardi, glad to hear those behaviours are being trained out. The advice was given to me nearly 50 years ago.
Of course the old BCF extinguishers were great as they didn’t do residual damage but they make Gaia cry.
Just finished watching that ABC doco Brazen Hussies about the history of feminism in Oz. Just one question – why did they only interview bitter old lessbians with cat hair on their clothes?
US congressman Joe Courtney has given the clearest signal yet that Australia could receive second-hand Virginia-class submarines from the United States under the landmark AUKUS deal.
But Courtney – widely regarded as one of the top experts in Congress on submarines and shipbuilding – has vowed Australia won’t be receiving “clunkers” under the deal to be unveiled on Tuesday morning. He also dismissed suggestions the boats may have to be jointly crewed by US sailors, or that Australia won’t have sovereign control over its submarines.
Eyrie, airport firefighters spend their whole lives training for an incident they hope they’ll never get.
Indeed, the large majority of them never do see any calls beyond airport building fire alarm activations and small grassfires.
Urban firefighting could have very long spells of intense boredom, which drove me nuts, so it must have been horrifically boring at the airport.
When larger aircraft contacted the tower with issues, us urban crews were responded to wait alongside the airport crews on the apron.
So, even when they thought they were going to get a job, they needed us to be there.
That was cool by us, I once got to drive our Freightliner telescopic aerial pumper flat out down the main Cairns runway chasing a ~50-seat plane with some sort of issue as it landed.
Of course the old BCF extinguishers were great as they didn’t do residual damage but they make Gaia cry.
It makes my cringe now, Eyrie, to recall the number of times I ignorantly repeated the manufactured lie that “each kilogram of bromochlorodifluoromethane destroys a cubic kilometre of ozone”.
It also makes me angry that I was told such a lie in my training by people who must have known it was a lie and that the Montreal Protocol was just a training run for the Great CO2 Fiction.
How could they ban BCF extinguishers without ever acknowledging the infinitely greater contribution of volcanic halocarbons?
Or that ozone cycles naturally in line with solar inputs?
The historical record is critical. We have seen a macabre Orwellian attempt to rewrite history and to blame the failure of widespread lockdowns on the lockdowns’ critics, alongside absurd denials of officials’ own incessant demands for them.
Delegates of the German Synodal Way on Saturday overwhelmingly passed measures to change Church practices based on transgender ideology and to push the universal Church to ordain women to the sacramental diaconate.
The votes took place on the final day of the process’ concluding assembly, held in Frankfurt March 9-11. On previous days, delegates voted overwhelmingly to adopt same-sex blessings, normalize lay preaching, and ask Rome to “reexamine” the discipline of priestly celibacy.
The reason the German Catholic Church is so liberal is because it’s directly funded by the German government. This has led to it being staffed by thousands of lay Catholics who are Catholic in name only. They use their power to pressure their bishops to be as liberal as they are.
To put it simply, the fake and gay German government is making the German Church fake and gay.
3/
Hooray.
And from the new un-Catholic Church, here’s what we get.
China has brokered a peace deal between Saudi Arabia and Iran, both nations will establish diplomatic relations with each other and both have applied to join the BRICS alliance. This has huge ramifications in the mid-east, bring an end to the Yemeni war for example, but the international ramifications are more important.
Iran, Saudi Arabia and Russia are the world’s three top oil producing nations. The US cannot place sanctions on all of them without bringing the western world to a complete standstill.
It might be the best time to buy one of those electric vehicles, it’s either that or buy a horse.
The Bureau of Meteorology warns that, at 1:50 pm, severe thunderstorms were detected on the weather radar near Upper Brookfield, Mount Nebo and Harrisville. These thunderstorms are moving towards the east. They are forecast to affect Ipswich, Enoggera and Samford by 2:20 pm and Brisbane CBD, Beenleigh and Logan Central by 2:50 pm.
Heavy rainfall that may lead to flash flooding, large hailstones and damaging winds are likely.
Good morning one and all.
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CNBC
The yenta from Brooklyn is monitoring this development
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Lidia Thorpe – “I’m nobody’s little black girl.”
True that.
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You get the idea in the first minute
2 year movie with more to come
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I hope they’re just having a laugh
Close to the truth
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Joe Biggs Live From Prison: An Urgent Message On The State Of Our Freedoms
https://banned.video/watch?id=640b81c1e8a84c4db2a5cf23
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I love a good conspiracy theory in the morning
AC on the left with now deceased bro on right. AC on right with remarkably similar looking person (who has no children) on left
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Klaus shows you how nice ze bugs are
Finding a woman you don’t want in the supermarket
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Pauline Hanson
The story
Greens leader Adam Bandt has a super account with HESTA,
who invest in fossil fuel
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Worldwide COVID litigation lawyer directory
Steve Kirsch
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Once upon a time, when we were kids, we liked to be taken into a world of make-believe beautifuls and handsomes.
Sensitivity readers find fairy tales problematic
after reexamining Ladybird’s books
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Revealed in this suspense thriller novel ….
1/
….How Kevin McCarthy found a spine
The 20 holdouts
2/
….This used to be a Christian church
In Australia
3/
…. Due to Global Warming
It snows in Saudi Arabia
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There are some very cruel organisations in the world.
A few months ago, it was FIFA. Now, it is the Oscars.
It is a bit strange though, that the woke hypocrites in Hollywood are not supporting one of their own. Maybe it is envy. While they are mere multi-millionaires, and have to go to various locations, wear some costumes and do some acting, Zele is getting billions/trillions just by wearing a brown/green shirt and whinging on the telly.
Oscars Reject Ukrainian President Volodymyr Zelenskyy’s Bid
to Appear on Telecast
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📰
Moja
.
Mbili
.
Tatu
.
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More stuff coming out about Morrison acting like a dictator. Not only did he take over key Ministeries, he told nobody about AUKUS until it was a done deal.
Now, he may have been right about leaks, but did he ever do anything to address that problem? Nope, let’s just run my pet project like I am Kim Il Jung.
Report comment
Ha ha, Modi tells Albo to stop the Injun assaults in Melbourne. Perhaps all the skilled migrants working in Dominos, servos etc should go back home to safety.
Report comment
More stuff coming out about Morrison acting like a dictator. Not only did he take over key Ministeries, he told nobody about AUKUS until it was a done deal.
Naaah!..he, probably, told all those “executives” he promoted to AUKUS/Defence from CentreLink/ROBODEBT but none of them can recall the details! .. LOL!
Report comment
Melbourne had this problem a few years ago, Indian students being abused on trams and other similar stories. What wasn’t reported at the time though is that it wasn’t the Anglo locals who were causing the abuse, but other immigrant groups who held different religious views to the Hindus.
“Go home” they said, “this is our country.”
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The Oscars Committee probably couldn’t afford Zelensky’s appearance fee.
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ABC Noos. FNQ town of Burketown being evacuated due to unprecedented flooding. Long term locals say they haven’t seen floods this high since the 1970’s.
I rest my case.
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Silicon Valley Bank went woke.
And they also went broke.
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Jim Cramer touted SVB one month before crash
https://www.foxnews.com/video/6322331151112
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Splitting traffic at 299 km/h…
FMD, the slipstream would’ve had the cars rocking on their suspensions and the first the drivers would’ve seen of the bike was it disappearing over the horizon…
Report comment
Steve, as a fire commander doing initial size-ups at house fires, inwards opening doors barely slowed me down.
Mind you, I have constant pain in both shoulders these days…
Outwards opening security doors sometimes took a few seconds with a Halligan tool.
Home-made solid-bar security grills took slightly longer with a two-stroke disc-cutter.
Depending on the fire’s location, and if no windows where suitable, I’d sometimes task a crew with grabbing a “master key”, a ten-pound sledgie, and going in through a wall.
Houses are way more fragile than people realise.
They’re programmed to believe they’re stronger than they really are.
……..
That’s why Barnaby was imprisoned in DC, for sniffing, when he went there for AUKUS purposes – frozen out on ScoMao’s advice.
Report comment
Cardi, I used to know a bloke who was a professional firefighter in Perth. His advice was to deal with a house fire yourself with your garden hose, you’ve generally got time. This was Perth so the vast majority of houses are double brick. Other materials may be different.
He said if you call the fire brigade the place will suffer more damage as 1) they will break down doors, even if they are unlocked.
2)They trample everything with their great big boots, 3)water damage much of the rest then leave.
The fire will be out though and they guarantee to save the block of land.
Report comment
Clear and concise economic commentary
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Makes sense.
Still got to fact check it.
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Absolutely recommended – unless it’s an electrical appliance that ignited and the power is still on…
There’s a lot to be said for small dry powder extinguishers.
In the context of forced entry, bricks and blocks are brittle and far easier to go through with a well-swung sledgie than most people realise.
The house’s structural materials have little influence on propagation or rate of spread.
It’s a common fallacy that brick and block houses are less likely to burn down – it’s the contents that feed the flames.
If the initial response isn’t quick enough, the heat from a contents fire will destroy the mortar bonds in brickwork and blockwork.
I can’t speak for WA, Eyrie, but those old-school behaviours we’re being trained out of the firies in Qld, led by us fire investigators who preferred having everything left undisturbed so we could get forensic.
Doors – “try before you pry”
Trampling – “avoid secondary damage”
Water – “fine spray, targeted accurately”
The old “surround and drown” footpath firemen have mostly aged out of service now, in Queensland anyway.
Report comment
From the NT, leftie gets cancelled
Lessbian, played AFL which nobody watched, promoted to very senior position with dubious qualifications, commits crime due to incompetence and political leanings, strong evidence, trial mysteriously abandoned, has token gesture cancelled as punishment, canned for saying what everybody in the NT says.
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Use
after chewing
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Apologies for failing to post the daily cartoons. Hopefully ISP/NBN problems are at an end and normal service can resume.
Powerline’s The Week in Pictures: DEM-OLITION DERBY EDITION.
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No need to apologise Coldie. I’m sure I am not alone in appreciating what you do, and if it doesn’t happen – meh. 🙂
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Cardi, a long time ago I heard a couple of stories about airport firefighters (they usually rank highly in State Volleyball as most of the time there is not much to do). One was at Jandakot where a bloke had trouble with the landing gear on a Cessna 337 push pull twin. IIRC he shut down the rear engine with the prop horizontal, managed to do the same with the front on short final for the grass underrun and got it stopped still on the grass. No damage beyond a few scratches…. until an over zealous firefighter who mistook the pilot carefully shutting down everything for “he’s trapped” and put an axe through the door.
The other was an Avon Sabre that landed at Woomera long time ago. He’d declared some sort of emergency but got the thing stopped on the runway, slid back the canopy only to have the cockpit filled with foam. Fortunately he had not taken off the oxygen mask.
Report comment
Cardi, glad to hear those behaviours are being trained out. The advice was given to me nearly 50 years ago.
Of course the old BCF extinguishers were great as they didn’t do residual damage but they make Gaia cry.
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Peanuts
Beetle Bailey
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Dilbert
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Dennis the Menace
Blondie
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Just finished watching that ABC doco Brazen Hussies about the history of feminism in Oz. Just one question – why did they only interview bitter old lessbians with cat hair on their clothes?
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Family Circus
Spooner
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No clunkers
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Eyrie, airport firefighters spend their whole lives training for an incident they hope they’ll never get.
Indeed, the large majority of them never do see any calls beyond airport building fire alarm activations and small grassfires.
Urban firefighting could have very long spells of intense boredom, which drove me nuts, so it must have been horrifically boring at the airport.
When larger aircraft contacted the tower with issues, us urban crews were responded to wait alongside the airport crews on the apron.
So, even when they thought they were going to get a job, they needed us to be there.
That was cool by us, I once got to drive our Freightliner telescopic aerial pumper flat out down the main Cairns runway chasing a ~50-seat plane with some sort of issue as it landed.
Report comment
It makes my cringe now, Eyrie, to recall the number of times I ignorantly repeated the manufactured lie that “each kilogram of bromochlorodifluoromethane destroys a cubic kilometre of ozone”.
It also makes me angry that I was told such a lie in my training by people who must have known it was a lie and that the Montreal Protocol was just a training run for the Great CO2 Fiction.
How could they ban BCF extinguishers without ever acknowledging the infinitely greater contribution of volcanic halocarbons?
Or that ozone cycles naturally in line with solar inputs?
Report comment
Newsweek: Opinion
America’s COVID Response Was Based on Lies
Scott W. Atlas , Senior Fellow, Hoover Institution
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Q&A Tour
Should Trans Women Be LEGALLY Treated as Women
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1/
Do the maths.
Just 3 months to go before the end of the world.
2/
The deadly sins.
Even the horses fear them.
3/
Booster shots
8th COVID booster available now.
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The German Synod and the new Protesting Reformation.
A Gay, Woke Church.
1/
96% of delegates and 38 German bishops voted today
at the German Synod
2/
Why in Germany?
3/
Hooray.
And from the new un-Catholic Church, here’s what we get.
Rapping Priest.
If only we had a Pope who was Catholic.
Perhaps it is time for a repeat of Matthew 21:12-13.
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Cold-Hands,
Other forces (like the internet connections) may conspire to disrupt the Cat-toons transmissions, but we’re glad to have them when they appear. 🙂
…………………………………..
Updates to The Mock.
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China has brokered a peace deal between Saudi Arabia and Iran, both nations will establish diplomatic relations with each other and both have applied to join the BRICS alliance. This has huge ramifications in the mid-east, bring an end to the Yemeni war for example, but the international ramifications are more important.
Iran, Saudi Arabia and Russia are the world’s three top oil producing nations. The US cannot place sanctions on all of them without bringing the western world to a complete standstill.
It might be the best time to buy one of those electric vehicles, it’s either that or buy a horse.
China, Iran, KSA diplomatic win. Elensky upset with media. Minerva tanker did it. Muscovy. U/1
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Hopefully it will cool things down
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