Eric Allie for March 14, 2023

Wow! Nice! This is far and away the best Allie cartoon I’ve ever seen! Well done.

That is the way it has always been done.

Silicon Fire has developed a process for synthesizing liquid combustible fuel which is

envisioned as a viable substitute for petrol.

Egad, what a socialist cartoon.

Wow even allie beats Ted Rall the so called "socialist "

So, Mr. Allie, are you planning on advocating for more bank regulations?

That would be welcome.

fusilier

James 2:24

Banking regs were put in place to protect customers from practices endangering their money. Tge meltdown of 2008 and now this shows what weakening regs brings.

I don’t see “everyone else” experiencing a crisis at present. Maybe it starts today?

It is at times like this — when [yet again] a poorly regulated private bank fails — that a competent/collaborative/problem-solving Congress would be a great asset to have instead of the liability of an obstructive/do-nothing/dysfunctional one that can only cast blame.

Perhaps both political parties and voters should select the prudent and accomplished over the popular but inept for House/Senate representatives?

I worry more about the House nor honoring our debt obligations crashing our economy than private bank bank failures — e.g. SVB — that the FDIC will save.

let his fat *ss fall

Not totally true. So far they are only covering the deposits over the $250,000.

How is everyone else burning? What is the Fed to do?

It’s worth looking into who withdrew massive sums from SVB just before their failure and then warned about failure (like Peter Thiel).

When the CEO sells this much in shares just before the collapse, tell me he didn’t know https://nypost.com/2023/03/10/silicon-valley-bank-ceo-sold-3-5m-in-shares-before-collapse/

Are they bailing out the banks, or are they making sure the customers aren’t losing their money?

This is like Deja Vu all over again. The News just repeats itself. Like some forgotten dream, that we’ve both seen.

I’m certainly tired of the cycle.

Capitalism is the best wealth generator on the planet, but it MUST be regulated and controlled.

Switching sides are we. I have a name for those, Swino, switcher in name only.