Biden Leadership In America Today


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PREMO Member
Right wing media is abuzz with The View ending this season and Whoopi out, period.

I don't know if I believe it since I can't corroborate anything on the big media sites.
As with everything on the Internet, there's just too much damned bullchit to believe all of it.

But I don't know how the show can continue with simply being how much they hate Trump, all day.
Damn. It's been two years. Get over it.
The Eye of Sauron has just moved from Trump to all Reps and conservatives in general.


PREMO Member
The failure of three banks in the last two weeks, including Silicon Valley Bank on Friday and Signature Bank on Sunday, is a saga of utter government incompetence. Call these bank collapses Biden's Banking Busts. The Biden administration has been obsessing on woke causes while banks teeter toward insolvency.

Three days before Silicon Valley Bank collapsed, Treasury Secretary Janet Yellen cautioned that climate change puts the banking industry at risk. Yellen was in la-la land, speculating that future storms and tornadoes could diminish the value of banks' assets.

Weather is a risk, but she was oblivious to the much more immediate problem facing banks -- the plummeting value of the bonds they own. She was heedless to the impending downfall of SVB and possibly several other small banks that had purchased long-term bonds when interest rates were near zero.

In 2022, after doing nothing to tame inflation the previous year, the Federal Reserve hiked rates repeatedly to make up for their previous inaction. Those rapid rate hikes, the most drastic in decades, made the banks' bonds lose value.



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‘Utter Incompetence’: European Officials Accuse US Of Ripping Up Banking Rules With SVB Bailout

A senior eurozone official expressed their shock at the “total and utter incompetence” of U.S. authorities and called them out for previously advocating to end bailouts during “long and boring meetings,” according to the Financial Times.

“From a financial stability perspective, they really killed a fly with a sledgehammer,” said Nicolas Véron, a regulation expert at the Washington think-tank the Peterson Institute, according to the Financial Times. Designating SVB as systemic was a “very questionable” decision that set a dangerous precedent for providing further bailouts of uninsured deposits, Véron added.