Silicon Valley Bank, Signature Bank and other distressed banks have been done in by rapid increases in interest rates by the Federal Reserve Bank. These commercial banks had long positions in Treasury obligations that lost value as interest rates went up. With monetary friends like these…
We Still Identify As a Democracy
The Biden Administration has decided to continue the Trump Administration’s policy of requiring transgender women who were assigned at birth as male to register under the Selective Service System for military service.
That’s What Cancel Culture Is
Controversy that followed race-baiting by cartoonist Scott Adams that led to the cancellation of the iconic comic strip “Dilbert” included numerous people denying the meaning of words and terms involved. Those who were angry and wanted action against him. But they didn’t want to be seen as taking action.
What’s the Worst That Could Happen, Jill?
Will Joe Biden run for reelection despite his age? Democrats are on tenterhooks. Meanwhile, possible Democratic alternatives are on hold, incapable of fundraising or drawing attention to themselves until that they know it’s a wide open field and they can safely announce without disrespecting the president.