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JCM
3/14/2023 7:36:08 AM
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3
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Reply to vxbush in 1: Your invoice is correct. Item 1) Genetically engineering COVID. Item 2) Releasing the COVID to assist in the globalist agenda.
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JCM
3/14/2023 7:37:50 AM
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4
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Reply to vxbush in 2: The phones between Silicon Valley and the bought D.C. politicians have been melting down.
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Occasional Reader
3/14/2023 7:39:15 AM
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5
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I saw a bit of Biden's speech at the AUKUS announcement. He repeatedly "clarified" that the submarines in question will have nuclear propulsion, but not nuclear weapons. I guess he knows his audience, the Progs who freak out whenever they hear the word "nuclear" and immediately think of mushroom clouds.
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JCM
3/14/2023 7:43:29 AM
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6
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Reply to Occasional Reader in 5: If I was the Aussies I would be building up a nuclear weapons stockpile. There wouldn't be much a barrier for them. Brandon isn't a reliable ally should the ChiComs get frisky.
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Occasional Reader
3/14/2023 7:52:52 AM
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7
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In #6 JCM said: If I was the Aussies I would be building up a nuclear weapons stockpile. There wouldn't be much a barrier for them. Except that the centrifuges down under spin the other way, adding technical difficulties...
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vxbush
3/14/2023 8:59:29 AM
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8
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In #7 Occasional Reader said: Except that the centrifuges down under spin the other way, adding technical difficulties... Heh. So many ways you could extend that joke.....
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vxbush
3/14/2023 11:40:19 AM
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10
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One more note about Silicon Valley Bank: Driven by the boom in venture capital funding, many of Silicon Valley’s customers became flush with cash over 2020 and 2021. Between the end of 2019 and the first quarter of 2022, the bank’s deposit balances more than tripled to $198 billion (including a small acquisition of Boston Private Financial Holdings). This compares with industry deposit growth of “only” 37% over the period. Around two-thirds of the deposits were non-interest-bearing demand deposits and the rest offered a small rate of interest. All-in, at the end of 2022, the cost of Silicon Valley’s deposits was 1.17% (up from 0.04% at the end of 2021). So during the pandemic, the bank's holdings tripled. Stunning. I have to wonder how much of that was government handout money. Continuing in the article: The trouble is that when rates started to go up, mortgage assets got hit hard. The duration of Silicon Valley’s HTM portfolio extended to 6.2 years, as at the end of 2022, and unrealised losses snowballed, from nothing in June 2021, to $16 billion by September 2022. That’s a 17% mark-to-market hit. The smaller AFS book was also impacted, but not as badly. Mark-to-market losses there amounted to 9% by the end of September.
So big was this drawdown that on a marked-to-market basis, Silicon Valley Bank was technically insolvent at the end of September. Its $15.9 billion of HTM mark-to-market losses completely subsumed the $11.8 billion of tangible common equity that supported the bank’s balance sheet.
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Occasional Reader
3/14/2023 12:11:38 PM
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11
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In #9 JCM said: Several times before the collision the Su-27 fighter jets dumped fuel on the drone in a "reckless, environmentally unsound and unprofessional manner". There also rumors that in the Russian pilot radio chatter, they presumed the drone operator's gender; and perhaps even mispronouned xer.
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Kosh's Shadow
3/14/2023 4:54:02 PM
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12
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Reply to JCM in 9: So, does anyone think Putin would have done this under Trump?
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JCM
3/14/2023 5:05:06 PM
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14
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Reply to Kosh's Shadow in 12: Nope. A president needs to have a little bit of "cowboy" in them to use the media phrase. The rest of the world needs to believe a US President will open a can of whoopass on them. Biden doesn't have any whoopass on hand, only can after can of diversity, equity and inclusion.
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Kosh's Shadow
3/14/2023 5:10:22 PM
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15
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Reply to JCM in 14: Back when Trump was running the first time, people would ask me what I thought of him. I'd answer that if he wins, every city should have a Trump building because our adversaries would be afraid to attack it. And I think Putin waited until Trump was out of office, and that if there is any Russian collusion, it is between Biden and Putin.
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Kosh's Shadow
3/14/2023 5:23:30 PM
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16
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Had a lot of heavy branches fall down in the wet snow. Looks like they missed the house. Have someone coming tomorrow with a chainsaw. Good thing I can work from home sometimes. Today, power was out for a couple of hours, but the work computer is a laptop and our internet access is a mobile wifi hotspot that contains a battery.
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