Bailout Blues

Yeah, nothing about this is completely ridiculous.

Silicon Valley Bank (SVB), whose collapse last week has triggered a global banking crisis, donated over $73 million to the Black Lives Matter (BLM) movement — but found itself unable to pay depositors in a cash crunch.

Also cue the posts where they point out that the new board is primarily made up of women (though I am not 100% sure this is completely true).

Some other good factoids:

“As a point of reference, $82.9 billion is more than the GDP of 46 African countries. In 2022, the Ford Motor Company’s profits were $23 billion,” they also noted. The sum of $82.9 million includes “more than $123 million to the BLM parent organizations directly,” as well as much more to other organizations supporting BLM’s agenda.

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