Mar 19, 2023 - Go WOKE, go BROKE!

If you’re going to help something to succeed, you also have to allow that something to fail. Over the last couple of weeks, we’ve seen a banking failure and now Biden is telling the depositors of failed banks America would guarantee an unlimited amount of money. In Silicon Valley, a lot of people have hundreds of millions of dollars. And the bank that they chose is now not going to be allowed to fail. Well, WHO is going to fail? The taxpayer, I’m afraid. Also, the banking system. Basing business on a good customer relations, prudent investments and loans, and not ESG environmental, social government scores! Go woke, go broke! Except banks aren’t allowed to go broke. What a shame.