Opinion | The right’s crazy explanation for Silicon Valley Bank’s fall

United States News News

Opinion | The right’s crazy explanation for Silicon Valley Bank’s fall
United States Latest News,United States Headlines
  • 📰 MSNBC
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

.jamescdownie: Conservatives are using one word to explain everything from a train derailment to a bank failure to the police wrongly beating a motorist. 'Say ‘woke’ in case of emergency' has truly become a favorite strategy.

Why are conservatives using one word to explain everything from a train derailment to a bank failure to the police wrongly beating a motorist? Because it lets them duck the consequences of their ideas.deregulation signed by former President Donald Trump that was supported almost unanimously by Republicans

. But it’s easier to blame the “woke agenda.” They could admit that school shootings are more common because of lax gun laws. But it’s easier to blame the “woke agenda.” They could accept that American policing may be in desperate need of reform. But it’s easier to blame the “woke agenda.” While debate continues over whether SVB has received a bailout, it’s useful to think of the word “woke” as its own bailout — for conservatives. Whether it’s explaining away an inconvenient news development or creating a stopgap reason to oppose a Democrat, criticizing what it calls wokeness is the one-size-fits-all solution for today’s right.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MSNBC /  🏆 469. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

How Silicon Valley Turned on Silicon Valley BankHow Silicon Valley Turned on Silicon Valley BankThe fallout from Silicon Valley Bank threatens to engulf Silicon Valley—and has put the rest of the banking system on edge
Read more »

Opinion | The Silicon Valley Bank BailoutOpinion | The Silicon Valley Bank BailoutFrom WSJopinion: The unpleasant truth—which Washington will never admit—is that SVB’s failure is the bill coming due for years of monetary and regulatory mistakes
Read more »

Opinion: Beyond saving Silicon Valley Bank's depositors, here's what needs to happen nextOpinion: Beyond saving Silicon Valley Bank's depositors, here's what needs to happen nextPreventing bank runs is the immediate emergency, but the underlying problem that weakened Silicon Valley Bank — and may also leave other banks susceptible — has yet to be addressed.
Read more »

Opinion | Who Killed Silicon Valley Bank?Opinion | Who Killed Silicon Valley Bank?From WSJopinion: Who killed SVB? Apparently no one at the firm perceived any risk from the Fed raising interest rates, writes andykessler
Read more »

Can the Government Contain a Banking Crisis? - The Journal. - WSJ PodcastsCan the Government Contain a Banking Crisis? - The Journal. - WSJ PodcastsWhen Silicon Valley Bank imploded last week, it was the second biggest bank failure in U.S. history. Then, over the weekend, another bank, Signature Bank, was also taken over by the government. WSJ financial editor Charles Forelle explains what kicked off this banking crisis and how the government is scrambling to contain it. Further Reading: - How Silicon Valley Turned on Silicon Valley Bank - Silicon Valley Bank Closed by Regulators, FDIC Takes Control - Were SVB and Signature Bank Just Bailed Out by the U.S. Government?
Read more »



Render Time: 2025-02-21 04:54:19