Silicon Valley Bank (SVB) failed on Friday, March 10, 2023. Government officials scrambled to reassure the public their deposits aren’t in danger. Are they? At the larger banks, at least, probably not. To begin with, the FDIC insures individual depositors against up to $250,000 of losses. This[...]
Posts Tagged ‘Ideology’
Lawyers go rogue; will the Supreme Court follow?
Moore v. Harper is a case before the Supreme Court that legal experts agree could upend American democracy. In this case, conservative lawyers are asking the court to give state legislatures absolute power over state and federal elections. (See story here.) This is a prescription for minority rule. [...]
Exploiting Soldiers To Scorn The Working Poor
After reading this tweet (see image below), I decided to just paste it, and let it speak for itself. This tweeter’s message is that fast food workers insult our troops by asking for pay similar to what the troops get. It would be more logical to argue our troops should get a raise because th[...]