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Here We Go Again: Troubled California Bank Pacwest Craters 60% On Report It Is Seeking Buyers Or Capital Raise
Somewhere, Jamie Dimon of JP MorganChase is licking his chops:
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zerohedge
@zerohedge
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PACW:
Deposits: $28.5BN
Total Assets: $44.3BN
Book Value of equity: $2.8BN
Market Cap: $400MM
Debt Ceiling, No Worries? Biden Offers $500K Grant For ‘Pakistani Transgender Youth’ To Learn English
While President Biden demands that Republicans pass a no-strings-attached, ‘clean’ debt limit increase without requiring Democrats to make sacrifices, his administration is throwing around cash like a drunken sailor at a whorehouse..
To wit, the Biden administration is now offering a grant to help teach English in Pakistan by providing, in part, “intensive professional development courses for Pakistani transgender youth.”
The program component that includes a focus on transgender youth accepts proposals from applicants “for a minimum of $25,000 and a maximum of $75,000 to implement: (1) intensive professional development courses for Pakistani transgender youth from the ages of 13-25, and (2) and intensive professional development courses for Afghan teachers, students, and young professionals residing in Pakistan.”
According to the State Department, the project focuses on transgender youth as it does with other “marginalized communities,” and noted that the funds won’t be used towards gender transitions.
Unless things have changed in the last years, Pakistan already taught English in their schools.
I don’t know what Pakistani think of transgender. Remember when Obama sent a gay ambassador to a country where homosexuality was illegal?