villakram

Why the need to continuously go there. Any president is in electoral peril if the economy is not working for the electorate.

23 months of falling real wages for US workers per this mornings inflation/economic data. Biden is toast if this keeps up much longer.

You must have gotten a good laugh at the statements from Mr. Franks given his involvement in Signature. From the regulations perspective, what do you make of the implied Fed backing of all US banking deposits given their precedent setting decisions over the weekend. Given that they already have an implied floor under the stock market, this is not an especially helpful development imho. Banks needing to behave at a certain level due to the need to protect their liquid capital base will be sorely missed one day. Internationally, how is this seen? Perfectly above board given international money flows and the connected nature of things or bordering on protectionist behavior etc.

Just like America didn't exist when the Europeans arrived... etc., etc. The Falklands, Gib (given, lol) were taken for the geo-strategic importance. Freedom and democracy for some.

You did all that. Just a long time ago. tic, tok...

@CVByrne What financial institution do you work for?

UK leaves Ireland, Falklands, Gibraltar and grants Australia/Canada full independence.... oh, right we're not talking about history, we're talking about now, so let's ignore that.

Xi meeting Zelensky looking likely, after meeting Putin. Fingers crossed the bomb them for our freedom crowd will be disappointed by some peace proposals.

They have created a new implied backstop. They changed the rules such that those who would have lost money in the old system, now no longer do so. This is a bail-out for those with holding in excess of $250k. BTW, there are over $0.5T in the same debt instruments that killed SVB on the books of the broader US financial system. All of this is losing value with rates near 5%.

False... all depositors are being made whole. This bank has been well known to be in a risky position for quite some time.

FDIC limit is $250k. Losses for those with > $250k == 0. Failure to carry out fiducial responsibilities rewarded.

Meanwhile Yellen et al spraying money all around to keep some of the banks in business. Congress... why would need their input, they only control spending.

Full FED bailout of the financial system underway. Same as it ever was. Mark to market... lol, you must be joking. Make sure to keep up your mortgage/car/tax payments, however.

Your iTunes #1...

Agreement to re-open official ties between Saudi & Iran, courtesy of Chinese stewardship... https://www.spa.gov.sa/w1867376 "The delegations from the two countries held talks during the period 6-10 March 2023 in Beijing - the delegation of the Kingdom of Saudi Arabia headed by His Excellency Dr. Musaad bin Mohammed Al-Aiban, Minister of State, Member of the Council of Ministers, and National Security Advisor, and the delegation of the Islamic Republic of Iran headed by His Excellency Admiral Ali Shamkhani, Secretary of the Supreme National Security Council of the Islamic Republic of Iran." "The three countries announce that an agreement has been reached between the Kingdom of Saudi Arabia and the Islamic Republic of Iran, that includes an agreement to resume diplomatic relations between them and re-open their embassies and missions within a period not exceeding two months, and the agreement includes their affirmation of the respect for the sovereignty of states and the non-interference in internal affairs of states."

Reasonably big bank collapse (SVB) underway this morn.

Eliza Cassan or Kay Burley...

That's a little weird. Do you think that she had a deliberate plan to end up in that situation or she got caught up in events. .gov agent acting as judge and executioner is never a good thing.

@StefanAVFC Next you'll be saying the Ashley Babbitt deserved to die. That would be the Ashley Babbitt who had a number of heavily armed police around her as the other guy executed her? Yes, I've stated that provocatively, but a trained marksman fired at an unarmed woman at close range resulting in her death.

The CIA was not involved in any way whatsoever.

Well, they should just say "anonymous sources" rather than "I heard". Adding "official" to that is a pro move to demonstrate just how serious your point is. Works for the NYT etc.

So, it appears that Florida has a law on the books that would force poor old Ron to resign if he declared his candidacy while governor. Mid-November is the registration cut-off for the first R presidential state prelim, absent the republican run Florida legislature finding a carve out for Ron.

Tucker Carlson kicking up a right hornets nest with publishing vids for the Jan 6th event. Official media is very unhappy to see secret government security state data be brought into the cold light of day (it's not there yet, hopefully fox force him to release everything publicly rather that the edits revealed thus far). Meanwhile, in D.C. our fearless leaders, in welcome but rare display of cross party unity, plough forward in their efforts to save us from the evil Chinese tiktoc. Too many eyes I guess.

You can absolutely do it yourself. Loads of vids online of various utility. I did oak post and bannister with black metal spindles. Don't have a pic unfortunately. All the big home improvement centers have the parts over here. The key point is having a proper solid anchoring for the newell post. I mounted it on the first step rather than the floor due to stairs being near the front door. Next step is if there are holes on the steps already from previous or if you need do new. See what the regs are (<4" between spindles over here, and >38", <44" height for bannister). Buy a laser level as you'll generally mount newell - then the bannister - then mark spindle positions on threads and bannister and drill out. This part is impossible to do with a measuring tape and a regular level imho. Then you sand and stain etc., before finally installing for good. Our old house that I did this in was old, with zero right angles or straight lines anywhere. I think I did a ~ 40deg angle on the bannister with our stairs... laser level crucial here again (and a miter saw). This may be dependent on your stair dimension and wall trim angle if present. I mounted the bannister to the newell with a "MiniLock Handrail to Post Fastener" (see amazon), so no tricky drilling required here. A second pair of hands is only briefly required when mounting the bannister etc., no hard work required from this help. Took about 4 weekends in total, which I'm certain is pretty slow, but I got it done!