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Gene Frenkle

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Posts posted by Gene Frenkle

    Tucker Carlson

    in Politics, Polls, and Pundits

    Posted

    2 hours ago, Chris farley said:

    According to the articles and links shared by folks on the left. Many of the talking heads on the left report about Fox news, Tucker and what he is saying. 

     

    I guess you could just watch MSNBC

     

    🤣 I'm not watching that crap either.

    2 hours ago, SUNY_amherst said:

    Carlson is just another full of s---t entertainer. Playing it up for the cameras

     

    I was at a talk once with someone who was a semi-frequent guest. He was an ILLEGAL immigrant and wrote about his struggles living as an undocumented American. He said before the show and during breaks Carlson would tell him he is proud of him and loved reading his book about what its like being undocumented. He has his support, all that...

     

     

    Then mere minutes later the cameras would roll and Carlson would say "we are here with ILLEGAL immigrant ____" ... "What makes you think you shouldn't be arrested right now?" etc. etc.. too funny

     

     

     

    Pandering to the basest base, as always.

    Tucker Carlson

    in Politics, Polls, and Pundits

    Posted

    Yo, @B-Man

     

    How are we uninformed going to know what Tucker's saying if you don't post clips 5 times a day? I'm certainly not springing for cable or watching Faux News. Are ya watching from the closet these days? Who will spread the Gospel according to Tucker if not you?

    • Eyeroll 1
    • Agree 1

    Tucker Promotes Testicular Tanning

    in Politics, Polls, and Pundits

    Posted

    8 hours ago, Chris farley said:

    I try not to swear and used ARS vs the actual word

     

    And included a link to show how this moronic thing was popular for a while before tucker mentioned it.

     

     

     

     

     

    Hey, if Tuck wants to continually bathe his nuts in UV light, more power to him. At least he won't get Covid. It IS pretty funny tho, and certainly worthy of some ridicule, but I'm pretty sure the Constitution gives him the right to bare nuts, and he's doing his best to shine some light on that.

    • Like (+1) 1
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    DeSantis For President in 2024?

    in Politics, Polls, and Pundits

    Posted

    Wait...that's not what I meant. 🤣

     

     

     

    “*****, onanism, bestiality, prostitution, genital mutilation, *****, dildos, rape, and even infanticide,” the parent, who noted that they have actually read the Bible, wrote. “You’ll no doubt find that the Bible, under Utah Code Ann. § 76-10-1227, has ‘no serious values for minors’ because it’s pornographic by our new definition.”

     

    “Get this PORN out of our schools,” they continued. “If the books that have been banned so far are any indication for way lesser offenses, this should be a slam dunk.”

    • Like (+1) 1
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    SVB Bank.

    in Politics, Polls, and Pundits

    Posted

    3 hours ago, ChiGoose said:

    If anyone is interested in what actually happened with SVB, I’d recommend this episode of The Indicator.

     

    The main points:

    - SVB’s deposits shot up in 2020 during a boom in tech companies, which make up most of its customers.

     

    - SVB put the deposits into treasury bonds which are generally safe bets. 

     
    - However, SVB had three vulnerabilities:

         1. The bonds had long maturities, so they cashed out way into the future. When interest rates went up, the value of the bonds went down. More than half of SVB’s investments were in these bonds (compared to 25% average of most banks). SVB also did not hedge to balance against the risks of interest rates going up 

         2. SVB’s business was concentrated in the tech sector, which is very sensitive to interest rates. With turmoil in the tech sector, they were getting fewer new deposits to offset the risk of devaluing bonds. 

         3. SVB had a disproportionate amount of large deposits. Only 10% of its deposits were covered by FDIC’s insurance compared to an average of 50% for other banks. This drove customer panic. 


    - Moody’s recently told SVB that it might downgrade its credit due to the risk of its bond value decreasing. 
     

    - SVB planned to avoid a downgrade by selling its bonds at a loss and then bringing in new investors. They sold the bonds but had trouble getting new investments. 
     

    - People could then see the trouble SVB was in and it’s depositors panicked and pulled $42 billion (20%) of the deposits.


    So you have a bank that managed its risk poorly and collapsed due to the unique nature of its business combined with bad management. 
     

    Or you can be an idiot and claim this was wokeism or whatever. 

     

    This is an excellent summary.

    • Like (+1) 1
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    SVB Bank.

    in Politics, Polls, and Pundits

    Posted

    5 hours ago, Big Blitz said:


     

    Man made Covid hysteria led to it - government (which totally cares about you) caused that.   
     

    This took about 1 year after masks came off.  Can’t wait to see what’s next.  

     

    You are so brainwashed.

     

    The adults are talking about complicated things now. I believe you may be more comfortable in the Desantis or Tucker threads. Maybe there's even a Hunter Biden laptop conversion you could contribute to.

    • Vomit 1
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    • Haha (+1) 3

    SVB Bank.

    in Politics, Polls, and Pundits

    Posted

    20 minutes ago, aristocrat said:

     

     

    I want a national divorce. Best of luck.

    9 minutes ago, redtail hawk said:

    Looks like the street isn't overly concerned:  https://finance.yahoo.com

    1% up tomorrow would be great.  Certainly things can change and if I had a crystal ball it would be on my yacht (I did have a fishing kayak once- sold it- too unstable).

     

    The casino never responds how it should. Rigged game, my friend.

    • Like (+1) 1

    SVB Bank.

    in Politics, Polls, and Pundits

    Posted

    1 hour ago, redtail hawk said:

    You'd think once inflation started ramping up and the fed signaled prolonged and repeated rate increases they'd have adjusted their strategy.  Greedy bastards fell in love with cheap credit and screwed their customers.  They should pay with their homes and boats and porsches but they won't.

     

    The problem, apparently, is that they bought long-term debt that lost value and they couldn't get out of without taking a huge loss. Kind of like "Oh, we're sure interest rates will remain at 0% for the next 10 years, so we should base our risk analysis around that and make lots of money". What could go wrong?

    55 minutes ago, Big Blitz said:

    Oh.  
     

     

     

     

     

    No schitt dummass, they are all corrupt. Plenty of greedy blame to go around.

     

    This is rich vs. poor, not left vs. right.

    • Like (+1) 2
    • Eyeroll 1
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