It is a warning to conservatives everywhere: The rise of woke progressivism, amped by social media, threatens the future of democracy. The Israeli Left now is acting to circumvent free elections by trying to take down Benjamin “Bibi” Netanyahu’s popularly…
Moral hazard occurs when an agreement that people make to act in concert for their mutual benefit results in an incentive for one of them to act immorally. The classic case is insurance. When an insurance company contracts with a…
Power Failure: The Rise and Fall of an American Icon By William D. Cohan (Portfolio, 816 pages, $40) In Power Failure: The Rise and Fall of An American Icon, William D. Cohan masterfully chronicles the creation, ascent, and destruction of…
Two large regional banks failed within a period of only two days, Silicon Valley Bank (SVB) on March 10, and Signature Bank on March 12. Both banks had a combined aggregate asset size of $319 billion as of Dec. 31,…
What do Willie Sutton and Democrats have in common? One can rob a bank by wearing the Hamburglar’s mask, handing over Virgil Starkwell’s note, and waving around Evelle Snoats’s firearm. Alternatively, one can simply join the bank’s board and direct…
RVIVR publisher Scott McKay and American Spectator publisher Melissa Mackenzie discuss the causes of the banking crisis, delve into the woke and broke cycle, examine young leftists’ mental illnesses, and then discuss cures. Father Leo Patalinghug joins The Spectacle to…
The board of SVB, the parent company of Silicon Valley Bank, included as many people who grieved over Donald Trump’s 2016 victory at a Shinto shrine as investment bankers. It included as many former Obama administration officials as investment bankers….
Four payments of $25,000. That’s the amount California Gov. Gavin Newsom requested the now-defunct Silicon Valley Bank give his wife’s woke “gender equity” foundation, the California Partners Project, in 2021. The foundation doubles as a PR platform for Jennifer Siebel…
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