Drew Sheneman for March 15, 2023

Socialism in action.

One, now two banks failed under Biden’s reign.

TFG’s mishandling of the presidency caused FIFTEEN banks to fail.

I am waiting for the usual gang of suspects to explain how all this is somehow Joe Biden’s fault…

Page back a day; it’s a goodie.

So many of them are Libertarians until they get themselves in trouble. Then they’re big government fans.

But what caused the failures…deregulation…who did it?

Free Enterprise at it’s best.. take all the risk you want because uncle sam will bail you out.

Amid the wreckage of Meta’s latest round of layoffs Tuesday — which cut another 10,000 workers in addition to the 11,000 laid off in November — is a clue from CEO Mark Zuckerberg on the future of remote work at the company.

The fact that these two banks are going under is indeed a bad situation. But, even worse is the stupidity of many of their depositors by not spreading out their wealth with many banks than with just the one. Without Pres.Biden’s help, they might’ve had to live with their stupidity and without a good portion of their funds.

I dunno. I think tech is too narrow a way of looking at it. It’s most any business and the short term outlook. The most important thing is the next quarterly earnings statement. They’re slaves to present value. Sometimes you have to sacrifice immediate gratification in order to maintain your existence.

Let’s see. Yesterday’s cartoon: 20 likes and 3 comments. Today’s: 108 likes and 40 comments. Hmm. Seems like something’s missing.