Posted on 03/12/2023 4:25:07 PM PDT by SeekAndFind
The article linked at this post is interesting and informative:
https://freerepublic.com/focus/news/4137597/posts?page=7#7
In other words, “Hey people, the economy is crashing so hard that you should put off all those home improvement plans and not spend your hard earned money at Home Depot.”
Hol’ up......
Dis you, bro??? 🏳️🌈
Home Depot Co-Founder Bernie Marcus Tells Americans To “Wake Up” After Silicon Valley Bank Collapse: Attributes the bank’s failure to its decisions to focus on “woke” policies instead of risk management.
While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs!
By Katherine Donlevy, March 11, 2023
In addition to instituting SVB’s first “safe space catch-up” — which encouraged employees to share their coming out stories — and serving on LGBTQ+ panels around the world, Ersapah also spent time over the last year serving as a director for Diversity Role Models and volunteering as a mentor for Migrant Leaders.
Silicon Valley Bank:
What is Silicon Valley Bank? Here’s what to know after sudden collapse
“I feel privileged to co-chair the LGBTQ+ ERG and help spread awareness of lived queer experiences, partner with charitable organizations, and above all, create a sense of community for our LGBTQ+ employees and allies.”
Ersapah couldn’t immediately be reached for comment.
SVB was abruptly shut down Friday by the California Department of Financial Protection and Innovation shortly after it disclosed it had taken a $1.8 billion hit from a $21 billion fire sale of its bond holdings.
It faced a cash crunch due to surging interest rates, and a recent meltdown in the tech sector led many customers to pare their deposits.
https://nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs-ahead-of-collapse/While Silicon Valley Bank collapsed, top executive pushed ‘woke’ programs!
By Katherine Donlevy, March 11, 2023
In addition to instituting SVB’s first “safe space catch-up” — which encouraged employees to share their coming out stories — and serving on LGBTQ+ panels around the world, Ersapah also spent time over the last year serving as a director for Diversity Role Models and volunteering as a mentor for Migrant Leaders.
Silicon Valley Bank
What is Silicon Valley Bank? Here’s what to know after sudden collapse
“I feel privileged to co-chair the LGBTQ+ ERG and help spread awareness of lived queer experiences, partner with charitable organizations, and above all, create a sense of community for our LGBTQ+ employees and allies.”
Ersapah couldn’t immediately be reached for comment.
SVB was abruptly shut down Friday by the California Department of Financial Protection and Innovation shortly after it disclosed it had taken a $1.8 billion hit from a $21 billion fire sale of its bond holdings.
It faced a cash crunch due to surging interest rates, and a recent meltdown in the tech sector led many customers to pare their deposits.
https://nypost.com/2023/03/11/silicon-valley-bank-pushed-woke-programs-ahead-of-collapse/
Woke, Inc.: Inside Corporate America’s Social Justice Scam Hardcover – August 17, 2021
by Vivek Ramaswamy (Author)
In this instant New York Times bestseller, a young and successful entrepreneur who is now a 2024 presidential candidate makes the case that politics has no place in business, and sets out a new vision for the future of American capitalism.
There’s a new invisible force at work in our economic and cultural lives. It affects every advertisement we see and every product we buy, from our morning coffee to a new pair of shoes. “Stakeholder capitalism” makes rosy promises of a better, more diverse, environmentally-friendly world, but in reality this ideology championed by America’s business and political leaders robs us of our money, our voice, and our identity.
Vivek Ramaswamy is a traitor to his class. He’s founded multibillion-dollar enterprises, led a biotech company as CEO, he became a hedge fund partner in his 20s, trained as a scientist at Harvard and a lawyer at Yale, and grew up the child of immigrants in a small town in Ohio. Now he takes us behind the scenes into corporate boardrooms and five-star conferences, into Ivy League classrooms and secretive nonprofits, to reveal the defining scam of our century.
The modern woke-industrial complex divides us as a people. By mixing morality with consumerism, America’s elites prey on our innermost insecurities about who we really are. They sell us cheap social causes and skin-deep identities to satisfy our hunger for a cause and our search for meaning, at a moment when we as Americans lack both.
This book not only rips back the curtain on the new corporatist agenda, it offers a better way forward. America’s elites may want to sort us into demographic boxes, but we don’t have to stay there. Woke, Inc. begins as a critique of stakeholder capitalism and ends with an exploration of what it means to be an American today—a journey that begins with cynicism and ends with hope.
Thanks for the add on.
They put a 12yo girl in charge of risk management? Only put your money in banks run by cranky old white men.
Actually seems it would be better to spend it on material assets rather then lose it by bank failures or more inflation due to government bailouts.
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