Board 8 > Politics Containment Topic 402: This Election Sucks and is Now About Trains

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Not_an_Owl
03/05/23 1:37:28 PM
#101:


Peace___Frog posted...
Half? Rather generous there.
The other half is pure, unrestrained, brain-gibbering fear.

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Grimlyn
03/05/23 3:25:30 PM
#102:


Thorn posted...
I mean, the conservative efforts against trans people meets every criteria of the legal definition of genocide except for the fact that the legal definition of groups of people (written after WWII) wouldn't include gender identity as a group of people.

If you took the same actions and applied them to a group the UN Charter recognized, it would absolutely qualify.

So like it isn't a debate at all except for people who are caught up on the "well actually..." of the specific wording of the legal text who willfully refuse to believe that maybe, just maybe, the practical definition shouldn't be tied to a legal compromise worked out nearly a century ago.
relevant

https://twitter.com/ErinInTheMorn/status/1632254741077020674

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Thorn
03/07/23 10:13:16 PM
#103:


In voting news, Oklahoma had legalization on the ballot today but it was defeated a bit over 60-40. (62-38 with 92% in as of this post)

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Thorn
03/07/23 11:28:11 PM
#104:


Also more discovery in the Fox/Dominion lawsuit. Including Carlson saying, "I hate [Trump] passionately." and this text that aged very poorly:

"'We are very, very close to being able to ignore Trump most nights,' Carlson texted Jan. 4, 2021. 'I truly can't wait.'"

https://twitter.com/AaronBlake/status/1633290946132557825

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Football
03/07/23 11:47:22 PM
#105:


Thorn posted...
In voting news, Oklahoma had legalization on the ballot today but it was defeated a bit over 60-40. (62-38 with 92% in as of this post)

In 2018, Oklahoma legalized marijuana for medical use and permitted large-scale cultivation operations. There are nearly 2,900 medical dispensaries licensed in the state more than California, which has 10 times Oklahomas population.

I have a feeling this failed because its already really easy to get a card here and people who voted yes last time maybe are tired of seeing a dispensary every other block and afraid of it getting worse

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Football
03/07/23 11:51:40 PM
#106:


https://gamefaqs.gamespot.com/a/user_image/1/4/6/AANyqMAAEQQK.jpg

this is for a college town of 110,000

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Mr_Lasastryke
03/08/23 2:40:24 AM
#107:


Thorn posted...
Also more discovery in the Fox/Dominion lawsuit. Including Carlson saying, "I hate [Trump] passionately." and this text that aged very poorly:

"'We are very, very close to being able to ignore Trump most nights,' Carlson texted Jan. 4, 2021. 'I truly can't wait.'"

https://twitter.com/AaronBlake/status/1633290946132557825

you're saying tucker is just saying whatever gets him views on his show? why i never.

(remember how wang was stanning tucker? lol)

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Grimlyn
03/08/23 3:08:15 AM
#108:


Mr_Lasastryke posted...
(remember how wang was stanning tucker? lol)
best cable news journalist in the business he claimed

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masterplum
03/08/23 6:22:22 AM
#109:


Recreational pot is always going to be an uphill battle because it is perceived by most people to be valueless. Medical is much easier because the argument can be there is value because it improves people lives.

in order to get recreational pot passed you either need a population that largely values pot for the sake of pot or a population that values the government not controlling them.

Not many of those states left

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FFDragon
03/08/23 7:52:38 AM
#110:


Yet in MD it passed 67-32 and starts July 1st.

It's all about the area

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FFDragon
03/08/23 10:44:40 AM
#111:


Though reading into this more, this is fantastic:

"There shouldn't be a patchwork of states doing different things," [Republican Gov. Kevin Stitt] said. "We need to let the feds tell us if it's legal or illegal. We shouldn't let the states tell us that."

STATE'S RIGHTS!

...except when i dont like it.

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FFDragon
03/08/23 10:54:33 AM
#112:


And I think this has happened once before but still

https://twitter.com/Acyn/status/1633485195642048512

what in the literal fuck

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swordz9
03/08/23 10:59:28 AM
#113:


Probably part of the deal he cut with the Cult of Orange Hitlers
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Thorn
03/08/23 11:07:57 AM
#114:


FFDragon posted...
And I think this has happened once before but still

https://twitter.com/Acyn/status/1633485195642048512

what in the literal fuck
AFAIK both parties tend to cycle through their members to act as Speaker pro tempore, particularly the newer ones, at least on days when they don't anticipate anything too important coming up because it allows them to get a more hands-on learning experience of the House rules and procedure so in and of itself this isn't a big deal.

But there's a handful of House reps I'd say have permanently disqualified themselves from even this ceremonial thing and she's absolutely one of them.

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AriaOfBolo
03/08/23 11:16:19 AM
#115:


https://www.teenvogue.com/story/supreme-court-indian-child-welfare-act

hey so

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Peace___Frog
03/08/23 6:34:58 PM
#116:


https://twitter.com/LaurenKGurley/status/1633491672452542464


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Thorn
03/09/23 3:33:52 PM
#117:


rolling back protections against child labor huh

~~~

McConnell is hospitalized with a concussion. Reportedly fell at a private dinner last night.

https://twitter.com/CNNPolitics/status/1633900987726348296

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swordz9
03/09/23 3:36:50 PM
#118:


A bill banning child marriages was defeated in West Virginia too. Didnt this party claim they wanted to protect children?????
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Maniac64
03/09/23 5:45:08 PM
#119:


From drag queens and liberal indoctrination. They are very specific.

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Kenri
03/09/23 6:25:20 PM
#120:


Thorn posted...
McConnell is hospitalized with a concussion. Reportedly fell at a private dinner last night.
Wouldn't say I'm praying for McConnell but I'm definitely praying about him.

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Peace___Frog
03/09/23 6:39:44 PM
#121:


I'm reading an article about state violence against trans people and there's this part:

Florida law dictates that officers involved in a shooting incident are classified as victims and are due anonymity

Holy fuck, Florida

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XIII_Rocks
03/10/23 12:40:03 PM
#123:




Fucking furious
https://twitter.com/BBCBreaking/status/1634233361286742030?s=08

Context: Lineker (good host) has been taken off our flagship sport tv show after 15+ years of hosting for a tweet he made attacking the horrific immigration policy of our government, which has control of the BBC (it shouldn't, but the director gave money to Boris Johnson iirc)

Other pundit has already said they won't do the show in solidarity but yeah

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XIII_Rocks
03/10/23 7:54:01 PM
#124:


Players refusing to speak to BBC now, and usual commentators won't cover the game. Madness

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JeffreyRaze
03/11/23 11:57:55 AM
#125:


Honestly sports being affected is probably one of the best ways of bringing about change. Sadly it's often up in the air which direction it changes in, but it sounds like there's a decent chunk of pressure to change things in the right direction.

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Grimlyn
03/12/23 3:00:25 PM
#126:


in case you ever encounter someone who still maintains that Jordan Peterson is an intellectual genius, there is now the funniest counter I never thought possible

https://twitter.com/Mateba_6/status/1634694563859251200

lol

lmfao

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KamikazePotato
03/12/23 3:02:49 PM
#127:


Was the BBC always right-wing controlled?

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AriaOfBolo
03/12/23 3:08:33 PM
#128:


I think it used to be better, but I'm fuzzy on the details. Something to do with a policy being implemented that they have to cover both sides of everything even when the other side is awful?

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FFDragon
03/12/23 3:13:34 PM
#129:


Yellen says no bailout for SVB

Good

Fuck em. Sold stock a week ago and paid out bonuses right before collapsing.

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Mr_Lasastryke
03/12/23 3:14:06 PM
#130:


Grimlyn posted...
in case you ever encounter someone who still maintains that Jordan Peterson is an intellectual genius, there is now the funniest counter I never thought possible

https://twitter.com/Mateba_6/status/1634694563859251200

lol

lmfao

i guess i have to give musk a little credit. now that he's allowed peterson back on twitter, at least we get to see funny shit like this!

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SirChris
03/12/23 3:14:27 PM
#131:


FFDragon posted...
Yellen says no bailout for SVB

Good

Fuck em. Sold stock a week ago and paid out bonuses right before collapsing.
Paying out bonuses was done as the usual time tbh

But everything else applies

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Thorn
03/12/23 6:13:03 PM
#132:


KamikazePotato posted...
Was the BBC always right-wing controlled?
I don't think so. IIRC the Tories appointed political operatives to it a few years ago and that began the hard turn to the right. We've got a few people much more informed on UK politics/media though so I'll defer to them.

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masterplum
03/12/23 6:24:10 PM
#133:


SirChris posted...
Paying out bonuses was done as the usual time tbh

But everything else applies

Yeah, the employees of the company getting bonuses at the exact time they have always gotten bonuses is completely irrelevant here.

Its not even executive bonuses, it is just company wide bonuses. Joe Rando who works in HR shouldn't get punished for something completely unrelated to him

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LordoftheMorons
03/12/23 6:33:46 PM
#134:


The investors in the bank should lose their money, but depositors need to be made whole (or close to it). If not a lot of random people are gonna be fired just because of the bank their employer used and itll cause risk of some other banks collapsing.

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LordoftheMorons
03/12/23 6:52:49 PM
#135:


https://twitter.com/jstein_wapo/status/1635043093522300930?s=21

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Xeybozn
03/12/23 7:43:25 PM
#136:


Yay, bailouts for the rich again! Glad to see the banks learned the right lesson from 2008.

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LordoftheMorons
03/12/23 8:35:33 PM
#137:


It's not a bailout of the bank itself. It's of the bank's depositors; it's a good thing.

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Xeybozn
03/12/23 8:53:46 PM
#138:


Fair enough, I misunderstood what they said. I suppose it's probably better to not let a bunch of companies die for using the wrong bank.

However, if the government will guarantee massive deposits when banks go under, why shouldn't companies keep their money in banks doing risky business? I assumed discouraging that was the main point of the deposit guarantee limit in the first place.

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LordoftheMorons
03/12/23 9:00:51 PM
#139:


My understanding is that they werent subject to the same regulations as big banks even though they were pretty large; the solution is probably for Congress to make banks like them subject to those regulations after all I think

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VintageGin
03/13/23 4:22:30 AM
#140:


SVB wasn't even doing anything particularly risky from what I understand. They invested in bonds (which are traditionally low risk) back in 2021. Then interest rates went up quite a bit and some companies with a lot of money in the bank got spooked and went JG Wentworth on it ("It's my money and I need it now!"). This caused a further run on the bank, and because of the terms of the bonds (10 years) they weren't able to cover everyone withdrawing money at once and had to start selling the bonds at a loss.

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XIII_Rocks
03/13/23 6:08:00 AM
#141:


Lineker back, BBC have climbed down

https://twitter.com/GaryLineker/status/1635220356737937413?t=AgmAZjJS8uEWUwroSlaI4Q&s=19

The commentators and pundits backing down was the killer. Lot of appreciation for them

BBC will do a review of social media policy with an independent expert - I wonder how far to the right said expert will be

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LinkMarioSamus
03/13/23 7:49:37 AM
#142:


I would like to apologize for my extremist comment from earlier. I did not mean to say I think Christians should be persecuted, only that if any religion deserves that it's Christianity - although frankly even that statement was misguided at best. Just overly mad at conspiracy theorists and the Supreme Court justices and I let it get the better of me. Anyway, I would never personally judge an individual on the religion they practice - more that sometimes you have to realize what teachings a religion promotes. It's obviously up to every individual how they choose to act on them.

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masterplum
03/13/23 8:59:46 AM
#143:


Oh no

Just let it drop my man

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kevwaffles
03/13/23 10:21:41 AM
#144:


VintageGin posted...
SVB wasn't even doing anything particularly risky from what I understand. They invested in bonds (which are traditionally low risk) back in 2021. Then interest rates went up quite a bit and some companies with a lot of money in the bank got spooked and went JG Wentworth on it ("It's my money and I need it now!"). This caused a further run on the bank, and because of the terms of the bonds (10 years) they weren't able to cover everyone withdrawing money at once and had to start selling the bonds at a loss.
And after that people (Thiel namely) caught wind of it and further told people to withdraw everything, which was quickly impossible to cover. My understanding at least.

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kevwaffles
03/13/23 10:22:58 AM
#145:


Also someone take LMS's shovel away already.

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Peace___Frog
03/13/23 10:33:14 AM
#146:


VintageGin posted...
SVB wasn't even doing anything particularly risky from what I understand. They invested in bonds (which are traditionally low risk) back in 2021. Then interest rates went up quite a bit and some companies with a lot of money in the bank got spooked and went JG Wentworth on it ("It's my money and I need it now!"). This caused a further run on the bank, and because of the terms of the bonds (10 years) they weren't able to cover everyone withdrawing money at once and had to start selling the bonds at a loss.
Prior to 2018, banks were required to manage risk in a certain way for portfolios over $50B. After 2018, this threshold was increased to $250B after significant lobbying from the bank industry.
SVB was above the 50 but below the 250, so they were legally allowed to take shortcuts that made this more likely to happen.

Additionally, banks are expected to, you know, manage risks. Especially the kind that can be planned for, such as a change in interest rates. Most banks do this as just a matter of day to day work. It would be like forgetting that you have an essay due because you didn't read the syllabus, and the teacher only mentioned it in class once.

And finally, the bonds that they purchased were long term assets. They had the luxury of living large the last few years because all of their clients were depositing significant money and not taking significant money out. So they got greedy and wanted to get more future dollars.

They were fundamentally mismanaged because they had a poor allocation of assets and cash flow.

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Samurai7
03/13/23 4:58:44 PM
#147:


Peace___Frog posted...
Prior to 2018, banks were required to manage risk in a certain way for portfolios over $50B. After 2018, this threshold was increased to $250B after significant lobbying from the bank industry.
SVB was above the 50 but below the 250, so they were legally allowed to take shortcuts that made this more likely to happen.

Additionally, banks are expected to, you know, manage risks. Especially the kind that can be planned for, such as a change in interest rates. Most banks do this as just a matter of day to day work. It would be like forgetting that you have an essay due because you didn't read the syllabus, and the teacher only mentioned it in class once.

And finally, the bonds that they purchased were long term assets. They had the luxury of living large the last few years because all of their clients were depositing significant money and not taking significant money out. So they got greedy and wanted to get more future dollars.

They were fundamentally mismanaged because they had a poor allocation of assets and cash flow.

Their risk management position was only filled in January and had been vacant for nine months. Also the invested almost entirely in bonds which lose value as interest increases. If they had a qualified risk management employee they would've avoided this easily with better diversification. If you have 30 minutes and are really interested I recommend watching Patrick Boyle's take on it as he seems very thorough to me.

https://youtu.be/GdfYnqyu7v8


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Peace___Frog
03/13/23 5:25:31 PM
#148:


https://twitter.com/nytimes/status/1635382751896518659

What exactly are they looking for? Mr. Comer added in a brief statement to The New York Times on Monday. Theyve been investigating Trump for six years. I know exactly what Im investigating: money the Bidens received from China.

He confirmed the end to the inquiry into Mr. Trump after Democrats wrote to Mr. Comer raising concerns about the fact that Mazars, the former presidents longtime accounting firm that cut ties with him last year, had stopped turning over documents related to his financial dealings. The top Democrat on the panel suggested that Mr. Comer had worked with Mr. Trumps lawyers to effectively kill the investigation, an accusation the chairman denied.

What a shocker, the corrupt politicians who challenged things in court to delay the investigation until they got power, are corrupt liars. Thanks for voting for republicans, centrists.

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red_sox_777
03/14/23 12:50:54 PM
#149:


Samurai7 posted...
Their risk management position was only filled in January and had been vacant for nine months. Also the invested almost entirely in bonds which lose value as interest increases. If they had a qualified risk management employee they would've avoided this easily with better diversification. If you have 30 minutes and are really interested I recommend watching Patrick Boyle's take on it as he seems very thorough to me.

https://youtu.be/GdfYnqyu7v8

Uh, banks can't really invest customer funds in stocks. Any stock can go down in value, which is fine for a typical investor as the risk they accept but not for a bank which is investing its depositors' money. Diversification protects against huge losses but a bank also cannot tolerate even relatively small losses because they are using customer money.

The reason they invest in bonds is because if you hold to maturity, the only way you can lose money is if the company/government that issued the bonds defaults. If you have to sell before maturity, the price can go down because there are now better opportunities to lend money at higher interest rates. Now of course SVB didn't do well in managing risks but it's not as simple as having more diversification.

LordoftheMorons posted...
My understanding is that they werent subject to the same regulations as big banks even though they were pretty large; the solution is probably for Congress to make banks like them subject to those regulations after all I think

Unfortunately, we never solved the "too big to fail" problem from last time. Our too big to fail banks got bailed out, and are even bigger now than before 2008. The action of regulators this last week will only push depositors to place even more money with a very small number of "too big to fail" banks, since the signal is that the government will allow medium sized and regional banks to fail. But if it was JP Morgan or Goldman Sachs? There'll be a bailout, which they will try hard to assert is not a bailout. So for customers, it doesn't make a whole lot of sense to keep money in non-mega banks anymore.

The flip side may be greater regulation, but if we are going to have a super class of too big to fail banks which are regulated to the extent that they are basically run by the government.....

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paulg235
03/14/23 6:53:11 PM
#150:


KamikazePotato posted...
Was the BBC always right-wing controlled?
No, or at least not as blantantly as it has been for almost a decade. The BBC is supposed to present itself as "fair and impartial" without leaning too hard towards one party or another, but since the change in heirachy within the organisation around 6 years ago, there have been increasing signs that this is no longer the case.

This video does a better job explaining it than I do, if you want to get a better idea of the whole situation. Heads up its over half an hour long.
https://www.youtube.com/watch?v=WzD1F-Rvg1o

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SirChris
03/14/23 7:03:39 PM
#151:


Peace___Frog posted...
https://twitter.com/nytimes/status/1635382751896518659

What a shocker, the corrupt politicians who challenged things in court to delay the investigation until they got power, are corrupt liars. Thanks for voting for republicans, centrists.
Now now no need to blame the voters. New York democratic leadership alone was just about enough to fuck over the country.

*gets note*

Oh no sorry that is still fuck centrists. Carry on.

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