I saw a quote over the weekend (sorry, couldn’t find it again) from a banking specialist that said blaming SVB’s problems on “woke” is like saying 1+1=blue.
A good reminder that correlation (if there is even one in this case) does not equal causation.
I laugh woke/wouk/wohk no matter how you spell it simply means “Being aware of and ready to most likely experience racial prejudice and discrimination” so the bank was aware and is experiencing racial prejudice? What a dweeb, who in their right mind would associate those two, asinine at best!
Factually inaccurate. The officers and investors of SVB are gonna take a haircut, and the SEC is already investigating their stock trades right before it went belly-up.
I’m old, so I remember when the word “Liberal” simply meant a person\s political beliefs. The media turned it into a word meaning "wimp, " “unmannly,” “gullible.” The same media is changing the word “woke” in the same way, simply to designate anything they don’t like.
Canada has had 41 bank failures since 1968. The US has had 515 since 2001. Has more to do with the repeal of Glass Steagall than being “woke”. But yeah, the way we bail them out is criminal.
“Wokeness” had nothing to do with the failure of either Silicon Valley Bank or Signature Bank (and surely, not Credit Suisse). But shallow, ignorant people prefer to throw out meaningless buzzwords when they don’t have anything more substantive to propose.
XF8U-3 9 months ago
psst. Mike. When you use the the term “woke” you reveal yourself to be partisan dolt.
Flashaaway 9 months ago
Complete misunderstanding of a newish term for having a working brain.
Walter Kocker Premium Member 9 months ago
Let’s see:
Bengazi, Bengazi, Bengazi
Lock her up, Lock her up, Lock her up
Stole the Election, Stole the Election, Stole the Election
Let’s Go, Brandon, Let’s Go, Brandon, Let’s Go, Brandon
Hunter Biden’s Laptop, Hunter Biden’s Laptop, Hunter Biden’s Laptop
Woke, Woke, Woke
Polly wants a cracker, Polly wants a cracker, Polly wants a cracker
Awk!
Do you have any solutions, or are you just being a noisy and obstructive parrot?
GOGOPOWERANGERS 9 months ago
What a waste of art skills
braindead Premium Member 9 months ago
Maybe Beckom can provide a cartoon that defines “woke”.
Or maybe one that explains how the other bank failures were also because of “woke”.
aristoclesplato9 9 months ago
Same for the crypto exchanges.
Durak Premium Member 9 months ago
Why don’t you try and explain what “woke” is and THEN try to explain how you blame bank failures on it.
Grow up. Banks failed because of deregulation and unsafe business risks.
suzalee 9 months ago
Not “woke” however you define that—but unregulated.
mac04416 9 months ago
And to guarantee that this can, and will, happen again, Biden veto’s a bill mandating the fiduciary clause.
piper_gilbert 9 months ago
Mike, what does “woke” mean?
Havel 9 months ago
I saw a quote over the weekend (sorry, couldn’t find it again) from a banking specialist that said blaming SVB’s problems on “woke” is like saying 1+1=blue.
A good reminder that correlation (if there is even one in this case) does not equal causation.
Grandma Lea 9 months ago
I laugh woke/wouk/wohk no matter how you spell it simply means “Being aware of and ready to most likely experience racial prejudice and discrimination” so the bank was aware and is experiencing racial prejudice? What a dweeb, who in their right mind would associate those two, asinine at best!
ChristopherBurns 9 months ago
What is the definition of “woke” Mr. Beckom?
mourdac Premium Member 9 months ago
Woke? No, stupid.
quixotic3 9 months ago
Factually inaccurate. The officers and investors of SVB are gonna take a haircut, and the SEC is already investigating their stock trades right before it went belly-up.
MartinPerry1 9 months ago
I’m old, so I remember when the word “Liberal” simply meant a person\s political beliefs. The media turned it into a word meaning "wimp, " “unmannly,” “gullible.” The same media is changing the word “woke” in the same way, simply to designate anything they don’t like.
Free Radical 9 months ago
Is this an encouragement to make a run on the banks? How utterly anti-American
wildthing 9 months ago
Canada has had 41 bank failures since 1968. The US has had 515 since 2001. Has more to do with the repeal of Glass Steagall than being “woke”. But yeah, the way we bail them out is criminal.
apfelzra Premium Member 9 months ago
“Wokeness” had nothing to do with the failure of either Silicon Valley Bank or Signature Bank (and surely, not Credit Suisse). But shallow, ignorant people prefer to throw out meaningless buzzwords when they don’t have anything more substantive to propose.
Rich Douglas 9 months ago
Woke? A bank? How transparent do you people get?