- Joined
- Nov 21, 2020
I know we don't pozload my negholep. But man, it would have been cool to hire one of those billboard trucks to drive around the conference center with "Liz Fong, Consent Accident Enjoyer."
Liz Fong-Jones / Elliot William Fong / @lizthegrey - 'Consent accident' enjoyer, ex-Google employee, nepotistic sex pest, Robert Z'Dar look-alike who wants authority over the Internet
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- Joined
- Sep 6, 2020
Could also hire a couple of bums to attend incase Elliot is brought in through the back entrance. Getting cancelled may make you homeless but you can't cancel someone who already is.
HabeusCorPuss
kiwifarms.net
- Joined
- Aug 19, 2022
Oh but you can.
I keep making this mistake too. Even though I believe myself to be jaded and cynical, I keep discovering that I harbor tiny embers of optimism that mistakenly believe that there are limits to how retarded humanity can be. I suspect that a lot of people went through this mental process in the 1930s.
This is my favorite version of the phenomenon - when I'm joking or intentionally using the most ridiculous extreme example. And then clown world says no sure we do that.
Note this hellhole is located in Elliot's
- Joined
- Dec 17, 2019
Elliot always uses the back entrance. It’s the only hole that still works.
- Joined
- Sep 6, 2020
Get fucked Elliot, you dumb piece of shit. You will never be a woman.
- Joined
- Oct 27, 2021
Yes, governments (US and others) bail out and prop up (directly or indirectly) banks on purpose - to avoid the collapse of the US and the worldwide banking systems/sweeping up of major US assets by untrusted foreign actors/etc. Not at all a bug.
And at certain points, absolutely necessary. (Troubling that Yellin said somehow the US is going to protect [deposits] 100% for every us bank, though; FDIC is underfunded as it is, though I guess they're trying to figure out how to expand it.).
But the system needs government behind it right now especially. First Republic (another big regional) is apparently a mess. Internationally, Credit Suisse got to write down 17 BILLION in bonds and got bought for a song by UBS the other day. Deutsche is rumored to be in trouble - and they are one of the biggest players in credit deals. Big banks are all tied together - both as a matter of risk management and of back-scratching - so it is in everyone's interest that too much doesn't go belly up at once. 2008 (ibanks Bear Stearns, Lehman; commercial super-regional WaMu, which was the biggest commercial bank failure in history and the 6th largest bank at the time) was a bloodbath, but the big have only gotten bigger in the meantime. The OCC has been hammering about banks being simultaneously too big to fail (old news) and too big to manage.
Banks put too little into risk management resources (which are cost centers) and cut back on them the second they feel out from under the worst regulatory microscope they're balancing. They'd rather suck up billions in fines than change a culture that considers compliance and risk management an annoying requirement imposed on them. Shouldn't be rewarded by being saved, but the alternative is very, very dark. The most recent OCC rumblings (Hsu (acting comptroller if the currency) gave a speech in January that clearly signaled an intention to incorporate this as part of their selection of sticks to use with bad acting banks) have been talk of breaking up banks that can't manage their shit. Problem is, all the rest of the players are so big that without their own enormous entity name behind them, the broken up parts are likely to be unable to compete, or ripe for simply being bought by another giant.
But the system needs government behind it right now especially. First Republic (another big regional) is apparently a mess. Internationally, Credit Suisse got to write down 17 BILLION in bonds and got bought for a song by UBS the other day. Deutsche is rumored to be in trouble - and they are one of the biggest players in credit deals. Big banks are all tied together - both as a matter of risk management and of back-scratching - so it is in everyone's interest that too much doesn't go belly up at once. 2008 (ibanks Bear Stearns, Lehman; commercial super-regional WaMu, which was the biggest commercial bank failure in history and the 6th largest bank at the time) was a bloodbath, but the big have only gotten bigger in the meantime. The OCC has been hammering about banks being simultaneously too big to fail (old news) and too big to manage.
Banks put too little into risk management resources (which are cost centers) and cut back on them the second they feel out from under the worst regulatory microscope they're balancing. They'd rather suck up billions in fines than change a culture that considers compliance and risk management an annoying requirement imposed on them. Shouldn't be rewarded by being saved, but the alternative is very, very dark. The most recent OCC rumblings (Hsu (acting comptroller if the currency) gave a speech in January that clearly signaled an intention to incorporate this as part of their selection of sticks to use with bad acting banks) have been talk of breaking up banks that can't manage their shit. Problem is, all the rest of the players are so big that without their own enormous entity name behind them, the broken up parts are likely to be unable to compete, or ripe for simply being bought by another giant.
- Joined
- Sep 25, 2021
- Joined
- Dec 31, 2018
There was a funny thing on Twitter about that last one a couple months ago:
Thankfully there are still heroes in our world:
- Joined
- May 8, 2021
It's a "moral hazard". Like forgiving rape by calling it a "consent accident".
- Joined
- Nov 26, 2016
Socialism for the rich and capitalism for the poor.
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- Mar 21, 2023
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- Jul 23, 2022
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- Mar 22, 2022
No fucking way. This has to be some kind of psyop. What levels of boredom one must reach to create something this fucking stupid and useless?
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- Joined
- Dec 20, 2021
Liz fong-jones transition was pretty rough, ngl:
They first covered his skin with the same toxic green tincture Margaret Hamilton had to wear when playing the Witch of the West, then locked him in a prison cell inside a gallery right in front of a racing track, so that he could breathe exhaust fumes all the time whils the engine noise provide something close to chinese water torture.
It's no wonder they ended up so insane and hateful...
They first covered his skin with the same toxic green tincture Margaret Hamilton had to wear when playing the Witch of the West, then locked him in a prison cell inside a gallery right in front of a racing track, so that he could breathe exhaust fumes all the time whils the engine noise provide something close to chinese water torture.
It's no wonder they ended up so insane and hateful...
- Joined
- Apr 24, 2019
- Joined
- Dec 28, 2014
This is called "moral hazard." It encourages and subsidizes risky behavior. We seriously need to quit doing this. We need to start putting these cocksuckers in prison.
Fishmalk Observer
kiwifarms.net
- Joined
- Mar 14, 2023
If only all those execs got bankrupted when that happens then MAYBE the word would spread around the other top guys and they'd stop thinking of everyones money as their own little piggybank, but instead they get to gold parachute into 10's of millions then get hired by some other big bank to do it again. Big Bank is more incestuous than the fucking Hapsburg
- Joined
- Jun 11, 2018
Funny that the same people such as LFJ who word-police others into using "non-violent" speech are some of the same ones accusing the 'Farms of "stochastic terrorism" or whatever the garbage phrase of the day is.
The biggest thing I see after these bailouts is the banks eventually resuming their behavior that got them to this point in the first place. We've already seen it with the auto industry. As long as both industries are deemed too big to fail and get bailed out time after time, there's no incentive from them or their execs to do anything different.
- Joined
- Jan 24, 2020
Yeah, one more L for Cloudflare. That's why you never give an inch to these troon scum, they're just going to shit all over you anyway.
- Joined
- May 14, 2021
The biggest L for Cloudflare was dropping us, according to their own SEC reporting. Really, really fucking doubt if "Cohost" who no one gives a fuck about because it's unusable, fugly and full of faggots and troons leaving them will make any impact, unlike them dropping the Farms.
Cope, seethe and dilate harder, Elliot.