What ultimately destroyed Silicon Valley Bank were the pillars of America’s mega-rich venture capital community who chose to torch the place. There was a time when America’s banks and bankers were the pillars of their communities.

What ultimately destroyed Silicon Valley Bank were the pillars of America’s mega-rich venture capital community who chose to torch the place. There was a time when America’s banks and bankers were the pillars of their communities.
March 13, 2023 — Politics
The Biden Administration’s bailout of Silicon Valley Bank’s customers is part of an ongoing wealth transfer program designed to widen economic disparity in America.
March 10, 2023 — Business
What patriotic Americans should know about Honda.
March 9, 2023 — Business, Politics, Technology
Elon Musk claims to be an environmentalist. But faced with a choice to maximize Tesla’s profits or causing potential harm to the environment, Musk opts for the money.
March 7, 2023 — Business
Bloomberg reported today that more than six months before February’s toxic train derailment, a union representing Norfolk Southern Corp. employees in Ohio warned federal regulators that the railroad repeatedly disregarded its own safety rules for screening trains.
Here’s why U.S. corporations knowingly putting the public at risk is a “Dog Bites Man” story.
Reading up on the Michigan communities Ford and GM plan to grace with their EV battery plants, I’ve come to appreciate and fear the brilliance of communist China’s leadership and feel for the thousands of Michiganders of modest economic means who have effectively been disenfranchised.
“The first thing we do, let’s kill all the lawyers,” Shakespeare famously said. If Shakespeare worked in Corporate America today, he’d add HR and PR people to his hit list.
Ford’s F-150 Lightning electric pickup is an affront to environmentalists and the people of Marshall, MI shouldn’t be forced to give up farmland to help build it, particularly as the vehicle is useless for anyone genuinely requiring a pickup truck.
Some thoughts on how the more than $1 billion in subsidies Michigan plans to give Ford to build an electric battery plant could be better used elsewhere.
February 24, 2023 — Business, Politics, Technology
Some thoughts on reports that China interfered in Canada’s election and worked to elect Justin Trudeau, Palo Alto is officially America’s EV Motor City, more bad press for Ford’s Jim Farley, and a heart-breaking feature about the closing of the oldest Starbucks in Detroit.
February 22, 2023 — Business, Politics, Technology
Einstein defined insanity as doing the same thing over and over and expecting different results. Michiganders applauding Gov. Gretchen Whitmer for showering Ford Motor Co. with $1 billion in incentives to build an electric battery plant and supposedly create 2,500 jobs would be wise to reflect on Einstein’s wisdom.