@Big Time Their definition of wokess, they also have their own jesus, hes white rich a christian and a republican and his name is donald j trump whom the do worship.DJT is their jesus.
SVB had most of its loans in the tech sector and most of its investments in long-term bonds. BOTH of these are vulnerable to interest rate increases, which the bank failed to hedge against. This was allowed and unreported because Trump deregulated banking. He reduced the capitol requirements and eliminated stress tests for midsize banks, which could've kept this bank from failing.
@Big Time sounds like you are blaming diversity efforts for the banks failure which is absolutely ridiculous and clownish and an attempt to distract from what actually happened. It was explained perfectly in the OP.
@Big Time they didn't have a risk officer for more than half a year and they just hired one recently. The executive suite and the board seemed perfectly fine with not properly assessing risk, which is the #1 thing any bank is supposed to do, and especially this bank that has riskier customers than other banks. At this point it feels intentional.
@@amberwilliams8240 Firstly, they couldn't in many cases. They can't even do build back better and loan forgiveness without congress and the republican supreme court blocking them. Secondly, Democrats mostly don't even want to in the first place. But no doubt ghouls like you will focus ferociously on this point. Rather than the first one, I brought up. We need more AOCs and Katie Porters. And less corpo democrats.
Their voters have incredibly tiny brains, and they know this. so they keep it super simple and repetative. YOU never meet ordinary people, you think you do, but you dont. None of us do, we all live in bubbles. My sister - has a PhD, had to go to a sleep therapy class last week. The person presenting said "dont use screens late at night, the blue light triggers your brain to wake up" "Whats blue light" one woman asked. The presenter said "who else does not know what blue light is?" 50% of the room put their hand up... THIS is how stup!d the average person is...
Sorta like “racist” you mean? I notice libs say woke is overused and it’s only been popularized in the last few years. Racist is still going strong after 50 years at least.,
I remember the "wokeness/diversity" and concern of global warming that caused the collapse in the 1930s, these ignorant business boomers. If you have more than 250k in 1 bank account then maybe you do not need a bailout.
"Go woke go broke! SVB hired board obsessed with diversity, invested $5BN for 'healthier planet' and held month-long Pride celebration - but had NO chief risk officer for eight months last year" - Daily Mail. Search for the article yourself to verify if you'd like.
@@zumatoobs Well thanks now Biden's gonna twist the gas price knob on his desk even higher because you independent thinkers keep besmirching his great and mighty name.
The company is always having to try to distance themselves from their CO founder. They retired his dumbass before he could hurt the company. Now they have to duck every time he's on TV being an asshole.
If only bank employees had more guns, they'd have averted this crisis, because as we all know, safety is built on everybody being armed. That six year old who was shot by her four year old brother, had she only been armed ... just sayin. :-)
Oh, it does. Those that point the finger of blame towards it simply don't want to say what it actually means because they know how bad they look to those that are aware.
At one time we wanted people to have empathy. Now, by blaming Woke, they are literally criticising empathy and claiming it's causing the downfall of society.
Now that the Banks have to pay the money to bail themselves out ,mabey it will give the pause.The truth is though it's still our money bailing them out,the reason they have this pool of money is they just passed on costs to us in the first place.
Costs get passed to the consumer. Do you want unstable banks or stable banks? Well stability costs money. Cry about everything. If you were serious about extracting money from the wealthy we would just directly f****** tax them and seize assets.
Caring “more” about shareholder-return is exactly why we keep having these messes because the only way to increase that EXPONENTIALLY is to deregulate until there are no safeguards left. Capitalism at this level is GARBAGE for 99% of the U.S. population.
I love woke. It's like saying yada yada yada, you know whatever, or and stuff and stuff and stuff. It means they don't have an intelligent argument so they have to fill their space with a nonsense word that means absolutely nothing
Can we all just say it, F Investors and F their “Returns”. Investors don’t work for their money, they gamble for their money. While the real workers bust their ass and barely make ends meet.
Boycott Home Depot what a pathetic thing to say! Or get rid of the old Geezer. The true problem is corporate executives: greed, see even when stock holders lose🫣 they still get their large bonuses🤔.
Bernard Marcus has a crap take on alleged wokeism in the banking sector, but wanting to boycott Home Depot over that is just a foolish knee-jerk reaction which wouldn't impact him in any meaningful way. His appearance on 'Cavuto Live' was on March 11, 2023. He left Home Depot in May 2002 and had already sold most, if not all, of his HD shares by 2018 (Bloomberg Billionaires Index). It's the same _ex post facto_ stupidity as calling for a boycott of Domino's Pizza in 2012 after its founder Tom Monaghan, who'd sold his stake in the company in 1998, sued the Obama administration over the HHS contraceptive mandate. Or the 2020 calls to boycott Domino's after it was discovered that their Twitter account had, in 2012, responded to a Kayleigh McEnany tweet praising their pizza (btw, she was wrong; Domino's pizza is NOT better than New York pizza).
The bonds were not the issue. Are you familiar with the term risk management? In April 2022, the SVB chief risk officer left the company. He was replaced in January 2023. Do you know what they did when he left? The stopped purchasing interest swap or insurance against bonds depreciation. You may ask yourself why the FDIC didn’t take action earlier? In 2018, SVB president convinced president Trump to pass a bill that loosen regulations his bank had to follow. Are you kidding me 🤦♂️ This is bank 101. It is abysmal to think these people were managing over $200B assets.
The lessons learned from Silicon Valley Bank 🏦 and Norfolk Southern is you can’t trust any of these companies to regulate themselves. In the words that Ronald Reagan popularized from that famous Russian proverb: “Trust; but verify!” ⚖️ ❤️
The right-wing should come up with a Broadway play where powerful characters accused of malfeasance blame the powerless and meaningless buzzwords for their crimes. They could call it "Woke: The Musical" and it would be a run-away hit with brain-stem conservatives everywhere.
@@zumatoobs I guess Neville Chamberlain is your favorite Historical leader. Calling me a simp while simping for Trump and Putin would be hilarious if you knew what irony was. Since you don't it's just sad.
Obama implemented Dodd Frank which insisted on stress tests for banks which would have stopped this. trump repealed Dodd Frank during his run of deregulation.
Think about what this says about the intelligence of the average Fox viewer that they would say this without worry of being called out for its obvious idiocy. Bottom of the intellectual barrel.
It's the buzz words that these nitwits rely on to get their followers to listen to them. As soon as they hear the word "Woke" it's immediately associated with something negative (they don't even need to know the reasons why).
Please look up Joseph Gentile and Kim Olson...and I'm sure more names are going to come out shortly. Look at their participation in 2008 collapse and well golly gee, where do we find them, SVB
This is insanity in real time. People like that control the currencies world wide. That's what we're up against as the general public. Only the richest company will survive this game of governments, and yes I do mean that literally.
Meaning: Woke (/ˈwoʊk/ WOHK) is an adjective derived from African-American Vernacular English (AAVE) meaning "alert to racial prejudice and discrimination". When this term became popularized, initially the meaning of this term was when an individual become more aware of the social injustice. Or basically, any current affairs related like biased, discrimination, or double-standards. However, as time passed by, people started using this term recklessly, assigning this term to themselves or someone they know to boost their confidence and reassure them that they have the moral high grounds and are fighting for the better world. And sometimes even using it as a way to protect themselves from other people's opinion, by considering the 'outsider' as non-woke. While people that are in line with their belief as woke. Meaning that those 'outsiders' have been brainwash by the society and couldn't see the truth. Thus, filtering everything that the 'outsider' gives regardless whether it is rationale or not. And as of now, the original meaning is slowly fading and instead, is used more often to term someone as hypocritical and think they are the 'enlightened' despite the fact that they are extremely close-minded and are unable to accept other people's criticism or different perspective. Especially considering the existence of echo chamber(media) that helped them to find other like-minded individuals, thus, further solidifying their 'progressive' opinion. 1st paragraph "Damn bro, I didn't realize racism is such a major issue in our country! I'm a woke now!" 2nd paragraph "I can't believe this. How are they so close-minded? Can't they see just how toxic our society is? The solution is so simple, yet they refused to change! I just don't understand!" 3rd paragraph "Fatphobic?! Misogyny?! What's wrong with preferring a thin woman?! And she is morbidly obese for god sake! Why should I be attracted to her?! Why should I lower myself while she refuse to better herself?! These woke people are a bunch of ridiculous hypocrite!" by IAmOneWhoShallNotBeName January 9, 2023 445128 FLAG PROMOTE YOUR TH-cam VIDEO HERE Woke Spiritual and intellectual enlightenment, like waking up from a deep sleep and seeing things clearly for the first time. I never knew what really mattered in life. Now I'm woke. by JTWoke January 7, 2018 Extracted from: www.urbandictionary.com/define.php?term=Woke
That and the Fed driving interest rates through the roof. All the banks with problems had large shares of their deposits invested in US fixed maturity bonds that have lost value because their fixed returns are 2% in a time when bond buyers can purchase new bonds at 3 times that rate of return. That devalues the bonds these banks are holding such that they can't sell them. Ooops there goes the liquidity. You're getting ready to see the fed start dropping those interest rates trying to limit the damage before a panic takes hold.
Ok so the first 2 chuckleheads blamed ESG investments, Don Jr tried to steer the convo away from his dad, and the last couple blamed identity politics. Meanwhile it was the investor themselves that caused this by panicking immediately.
you dont know much about anything except your extreme left wing hate. Why dont they say the truth. Truth is the bank was funneling millions of dollars to establishment republicans and democrats equally. THe funny thing is all the recipients were the ones pushing for the removal of trump. YOu clowns better wake the fuck the up and learn some truth about how corrupt the swamp is.
It's all about klepto-corporate corruption. I'm glad I emigrated to Asia 40 years ago. We don't have bananarepublican problems where I live. Not yet, at least.
“Woke woke woke…shareholder returns. BUT WAIT THERES ALSO woke woke woke woke….but the shareholder returns. BUT DONT FORGET THE woke woke woke woke….but the shareholder returns”
@@zumatoobs far from a follower or a simp your comment is childish in nature I can care less for a politician or your people that’s running the country in the ground giving the Ukrainians billions and billions of dollars when it’s time to go to war it’s you that’s going to be on the front lines not me in many places you’re hated all over the world so good luck with America
Do conservatives have an organized phone tree to coordinate their messaging about news topics ? Examples: Multiple right wing shows referred to Trump as being autistic. The bank failure of SVB was because they were woke.
They hired people strictly on racial considerations, had no risk assessment manager and gave millions to “social Justice” causes. In this case, Woke made you broke.
@@Grundig305 Right. Nothing to do with not having enough liquidity to make secure investments. Not to mention, the bank gave out bonuses just before they went down. But you keep telling yourself it's because they had a black person, or lgbtq person on the board...like probably hundreds of other banks. When you learn something about how banks actually work then come back & we'll discuss.
@@GenerationJonesi I didn’t say that you did. How the hell could a bank in Silicon Valley of all places fail? When you put in “Feel good” policies and people who are more concerned with “social Justice” than solvency. I find it humorous that the depositors are taking their money out and putting it in old white mans banks like Bank of America and Citibank. Typical liberal behavior. Lol
@@Grundig305 I just noted why they failed. Deregulation allows banks to take chances with other people's money when they don't have enough equity to do it with the bank's profits, which is how solvent banks conduct investments. Am I getting through, here? I don't know how to spell it out any plainer.
Its not the governments job to protect shareholders, that's the job of the businesses that are being invested in. What these people seem to forget is, that buying and selling stocks and shares is a gamble, that Wall St. is nothing but a gigantic Casino. Tell me which casino, anywhere in the world, that guarantee's you never lose your money.
@Christian Clipper what agenda? I’d you think someone is breaking the law press charges and see it through court otherwise stop slandering a community you claim to be ok with
They seem to think that large organizations can only address a single issue at a time. When in reality any "woke" agenda would be handled by the corresponding departments (i.e. HR) and the rest of the company would continue with business as usual.
How does the Walmart guy know anything about what the managements of those various banks were focused on? Usually front line managers aren't focused on ESG. They have a department to set policies on those issues.He offers no evidence at all for his claim that focus on social issues had anything to do with the collapse.
It doesn’t matter, it’s just for their ignorant base that isn’t going to think beyond hearing the phrase. Besides thinking shareholder value is all that counts is an admission in itself.
"The industry should be focused on more money for rich people, not the survival of humanity." Insanity. Even if that were true it would make sense. The value is found and absorbed from a prosperous society. If you don't prioritize a stable society you don't get a stable economy.
How do commercial banks maximize returns? By taking more risk. It’s not a complicated business if you are simple enough to think that maximizing returns alone is the only objective (like Comer or the Home Depot guy) or if you think security of shareholder investment is the only objective. It is a complicated business if you understand that maximizing returns within the constraint of the bank having a vanishingly low chance of failing within a very long period of time, no matter what might happen, simply because nobody really knows precisely what that means.
The best woke to woke the woke is to woke their woke. But if they woke your woke first, your woke is woked. Woke woke woke woke woke woke woke woke woke. ....woke.
Horrifying biological fact about being human when you are being entertained you are incapable of reacting to threats which is why every time there's a fire in a movie theater everyone dies unless the fire takes out the screen first and you didn't even know that but every government in the world does
![[안방1열 풀캠4K] 베이비몬스터 'DRIP' (BABYMONSTER FullCam)│@SBS Inkigayo 241110](http://i.ytimg.com/vi/AQ4RIghEvUs/mqdefault.jpg)
Wow, going without a Chief Risk Officer for 9 months just prior to this collapse probably had nothing to do with the result.
Republican deregulation + corporate greed= train derailments and bank failures!😅✌💙
Basic math, a shame most people out there don't know how to do it.
Unfortunately, we have a group of ordinary folk( half the population) who fight tooth and nail for their rich overlords
Democrats and big corporations
"We don't like it, therefore it's woke."
-The GQP.
They are stupid because they refuse to learn what woke is.
Do you leave depositor's money in the hands of SJWs?
@Big Time Their definition of wokess, they also have their own jesus, hes white rich a christian and a republican and his name is donald j trump whom the do worship.DJT is their jesus.
SVB had most of its loans in the tech sector and most of its investments in long-term bonds. BOTH of these are vulnerable to interest rate increases, which the bank failed to hedge against. This was allowed and unreported because Trump deregulated banking. He reduced the capitol requirements and eliminated stress tests for midsize banks, which could've kept this bank from failing.
Thank you. Spot on.
@Big Time sounds like you are blaming diversity efforts for the banks failure which is absolutely ridiculous and clownish and an attempt to distract from what actually happened. It was explained perfectly in the OP.
@Big Time they didn't have a risk officer for more than half a year and they just hired one recently. The executive suite and the board seemed perfectly fine with not properly assessing risk, which is the #1 thing any bank is supposed to do, and especially this bank that has riskier customers than other banks. At this point it feels intentional.
Woke has as much to do with this bank collapse as green energy had to do with with the Texas energy grid failing.
If democrats were smart they’d have the tape of trump in 2016 saying “for every regulation we find we’re gonna cut two” on replay 24/7
But then they'd have to answer why they didn't reinstate the regulations once Trump was out of office
@@amberwilliams8240 Firstly, they couldn't in many cases. They can't even do build back better and loan forgiveness without congress and the republican supreme court blocking them.
Secondly, Democrats mostly don't even want to in the first place. But no doubt ghouls like you will focus ferociously on this point. Rather than the first one, I brought up. We need more AOCs and Katie Porters. And less corpo democrats.
@@OhNotThat ghoul? I actually agree with you. I was being sarcastic because of course all the corporate Dems are bought off by the same companies.
Did they mistake svb's lack of a "diversifying portfolio" with "woke-ism", because the word diversify was used?
I love how is only rich white men talking about woke😂😂😂
That Home Depot guy has a loose screw. Maybe more than one.
He's just another old demented billionaire ass in a bad wig...
Republican blames everything that goes wrong on ''woke''.
"I was going golfing but the woke weather ruined the day".
Woke = everything and nothing
Dear God you teach these people a word they never let go
Their voters have incredibly tiny brains, and they know this. so they keep it super simple and repetative. YOU never meet ordinary people, you think you do, but you dont. None of us do, we all live in bubbles.
My sister - has a PhD, had to go to a sleep therapy class last week. The person presenting said "dont use screens late at night, the blue light triggers your brain to wake up" "Whats blue light" one woman asked. The presenter said "who else does not know what blue light is?" 50% of the room put their hand up...
THIS is how stup!d the average person is...
Sorta like “racist” you mean? I notice libs say woke is overused and it’s only been popularized in the last few years. Racist is
still going strong after 50 years at least.,
I remember the "wokeness/diversity" and concern of global warming that caused the collapse in the 1930s, these ignorant business boomers. If you have more than 250k in 1 bank account then maybe you do not need a bailout.
Dammit, A.N.T.I.F.A.! stop destroying teh BANKS!
The best part is that this speaker thinks Antifa is an abbreviation, not a shortening of Anti-fascist..
Shareholder returns > everything including your life and our society
Its literally nothing LESS WOKE than US Treasury Bonds 😅
Yeah, it's not like greed was a factor.
Let me guess, "woke/trans money"
Lol, now I know why an online republican argued that it fell because of CEO attending woke functions.
He heard it from fox.
What the hell does woke have any thing to do with it!
Because, to the GQP, "woke" just means "anything I don't like."
"Go woke go broke! SVB hired board obsessed with diversity, invested $5BN for 'healthier planet' and held month-long Pride celebration - but had NO chief risk officer for eight months last year" - Daily Mail.
Search for the article yourself to verify if you'd like.
@devilsadvocate6098 there were more white people on he board than any minority. Jesus, you racists are insane.
@@zumatoobs he hasn't broken countless laws and fleeced his own supporters out of millions.
@@zumatoobs Well thanks now Biden's gonna twist the gas price knob on his desk even higher because you independent thinkers keep besmirching his great and mighty name.
I've never seen Republicans get so mad at a bank for doing a capitalism. I guess capitalism is "woke" now.
It is, all these companies with their bullshit woke mission statements.
We no longer shop at Home Depot. Neither do our friends and family! Bye Felicia 👋
The company is always having to try to distance themselves from their CO founder. They retired his dumbass before he could hurt the company. Now they have to duck every time he's on TV being an asshole.
spot on analysis.
If only bank employees had more guns, they'd have averted this crisis, because as we all know, safety is built on everybody being armed. That six year old who was shot by her four year old brother, had she only been armed ... just sayin. :-)
The word woke doesnt actually mean anything lol. Bizarre stuff.
How about Republican deregulation in 2018 with 17 Democratic votes.
Oh, it does. Those that point the finger of blame towards it simply don't want to say what it actually means because they know how bad they look to those that are aware.
@@toddmorningstar4206 no doubt
Y'know, "Social Progress before Stock Buybacks and Shareholder Returns" has a nice ring to it, as a slogan or a chant... 🤔
You hear that Republicans if you were invested in Silicon Valley Bank you must have been to woke
At one time we wanted people to have empathy. Now, by blaming Woke, they are literally criticising empathy and claiming it's causing the downfall of society.
I love this TYT they have finally learned not to bite the bait and start efficiently countering this dogs keep it up you're finally catching up.
Now that the Banks have to pay the money to bail themselves out ,mabey it will give the pause.The truth is though it's still our money bailing them out,the reason they have this pool of money is they just passed on costs to us in the first place.
Costs get passed to the consumer. Do you want unstable banks or stable banks?
Well stability costs money.
Cry about everything.
If you were serious about extracting money from the wealthy we would just directly f****** tax them and seize assets.
@@tonkajahari3010 Says the people who bought Trump NFT's....
Caring “more” about shareholder-return is exactly why we keep having these messes because the only way to increase that EXPONENTIALLY is to deregulate until there are no safeguards left. Capitalism at this level is GARBAGE for 99% of the U.S. population.
I love woke. It's like saying yada yada yada, you know whatever, or and stuff and stuff and stuff. It means they don't have an intelligent argument so they have to fill their space with a nonsense word that means absolutely nothing
More concerned about global warming than shareholder return - like do we not live on a planet, needed for life?
You guys should call out Fox and the RNC is “woke.”
Their staff has is diverse and the RNC was just talking about reaching out to different people
SVB didn't even have risk management officer.
Can we all just say it, F Investors and F their “Returns”. Investors don’t work for their money, they gamble for their money. While the real workers bust their ass and barely make ends meet.
Damn those lgbtq squirrels. Always scattering gay nuts all over the joint. How's any robber baron banker gonna make a living around here?
1. Deregulation 2. Higher Interest Rates 3. Mismanagement
4.Failure
Comer + Bartiromo is Idiocracy
The Caucasity 👽
@@zumatoobs ❄️
Boycott Home Depot what a pathetic thing to say! Or get rid of the old Geezer. The true problem is corporate executives: greed, see even when stock holders lose🫣 they still get their large bonuses🤔.
Bernard Marcus has a crap take on alleged wokeism in the banking sector, but wanting to boycott Home Depot over that is just a foolish knee-jerk reaction which wouldn't impact him in any meaningful way. His appearance on 'Cavuto Live' was on March 11, 2023. He left Home Depot in May 2002 and had already sold most, if not all, of his HD shares by 2018 (Bloomberg Billionaires Index).
It's the same _ex post facto_ stupidity as calling for a boycott of Domino's Pizza in 2012 after its founder Tom Monaghan, who'd sold his stake in the company in 1998, sued the Obama administration over the HHS contraceptive mandate. Or the 2020 calls to boycott Domino's after it was discovered that their Twitter account had, in 2012, responded to a Kayleigh McEnany tweet praising their pizza (btw, she was wrong; Domino's pizza is NOT better than New York pizza).
The bonds were not the issue.
Are you familiar with the term risk management?
In April 2022, the SVB chief risk officer left the company. He was replaced in January 2023. Do you know what they did when he left? The stopped purchasing interest swap or insurance against bonds depreciation. You may ask yourself why the FDIC didn’t take action earlier? In 2018, SVB president convinced president Trump to pass a bill that loosen regulations his bank had to follow. Are you kidding me 🤦♂️ This is bank 101. It is abysmal to think these people were managing over $200B assets.
Same bank pushed NFTs and crypto. Bad business practices. Not financial geniuses or particularly skilled.
The lessons learned from Silicon Valley Bank 🏦 and Norfolk Southern is you can’t trust any of these companies to regulate themselves.
In the words that Ronald Reagan popularized from that famous Russian proverb: “Trust; but verify!” ⚖️ ❤️
The bank loans out your money that you deposit its unlikely any bank has enough money to pay all the depositors on any given day..
The right-wing should come up with a Broadway play where powerful characters accused of malfeasance blame the powerless and meaningless buzzwords for their crimes. They could call it "Woke: The Musical" and it would be a run-away hit with brain-stem conservatives everywhere.
@@zumatoobs That all you got? Yeah, I thought so.
@@zumatoobs How about helping Ukraine instead of sucking up to Putin? That's one just off the top of my head. There are many more.
@@zumatoobs I guess Neville Chamberlain is your favorite Historical leader. Calling me a simp while simping for Trump and Putin would be hilarious if you knew what irony was. Since you don't it's just sad.
Did we not learn ANYTHING from the banking meltdown in 2008?
This is the US. So of course not.
Obama implemented Dodd Frank which insisted on stress tests for banks which would have stopped this. trump repealed Dodd Frank during his run of deregulation.
That is excellent guys, really top notch. 😎✌️
You'd think a guy that rich could afford a better toupée
The real Monty Burns, "Release the hounds".
In a suuuuuuuper round about way he's right. The problem was diversity....of investments. So they weren't "bank woke" enough. 😅
😂
Think about what this says about the intelligence of the average Fox viewer that they would say this without worry of being called out for its obvious idiocy. Bottom of the intellectual barrel.
It's the buzz words that these nitwits rely on to get their followers to listen to them.
As soon as they hear the word "Woke" it's immediately associated with something negative (they don't even need to know the reasons why).
This whole fricken Country is depressing
Please look up Joseph Gentile and Kim Olson...and I'm sure more names are going to come out shortly. Look at their participation in 2008 collapse and well golly gee, where do we find them, SVB
This is insanity in real time. People like that control the currencies world wide. That's what we're up against as the general public. Only the richest company will survive this game of governments, and yes I do mean that literally.
@@zumatoobs As opposed to Republican's small government of regulating women's bodies and banning books.
Yeah i saw that episode ofnsouth park too ana.
Woke Squirrel!
That old home Depot co-founder, you would think he could buy a little better hairpiece 🤣
He just needs a serious overdose of ivermectin & rogain.
Apparently a quality rug would set him back a billion dollars, and it would be more expensive to transplant the hair from his @$$ to his head.
It's just a few banks not a big deal
What's the definition woke?
It's the new the communism. Just a word that's used to scare the voters.
I discussing this bank mess with my 80 year old mother today. She asked me the same question.
Meaning:
Woke (/ˈwoʊk/ WOHK) is an adjective derived from African-American Vernacular English (AAVE) meaning "alert to racial prejudice and discrimination".
When this term became popularized, initially the meaning of this term was when an individual become more aware of the social injustice. Or basically, any current affairs related like biased, discrimination, or double-standards.
However, as time passed by, people started using this term recklessly, assigning this term to themselves or someone they know to boost their confidence and reassure them that they have the moral high grounds and are fighting for the better world. And sometimes even using it as a way to protect themselves from other people's opinion, by considering the 'outsider' as non-woke. While people that are in line with their belief as woke. Meaning that those 'outsiders' have been brainwash by the society and couldn't see the truth. Thus, filtering everything that the 'outsider' gives regardless whether it is rationale or not.
And as of now, the original meaning is slowly fading and instead, is used more often to term someone as hypocritical and think they are the 'enlightened' despite the fact that they are extremely close-minded and are unable to accept other people's criticism or different perspective. Especially considering the existence of echo chamber(media) that helped them to find other like-minded individuals, thus, further solidifying their 'progressive' opinion.
1st paragraph
"Damn bro, I didn't realize racism is such a major issue in our country! I'm a woke now!"
2nd paragraph
"I can't believe this. How are they so close-minded? Can't they see just how toxic our society is? The solution is so simple, yet they refused to change! I just don't understand!"
3rd paragraph
"Fatphobic?! Misogyny?! What's wrong with preferring a thin woman?! And she is morbidly obese for god sake! Why should I be attracted to her?! Why should I lower myself while she refuse to better herself?! These woke people are a bunch of ridiculous hypocrite!"
by IAmOneWhoShallNotBeName January 9, 2023
445128
FLAG
PROMOTE YOUR TH-cam VIDEO HERE
Woke
Spiritual and intellectual enlightenment, like waking up from a deep sleep and seeing things clearly for the first time.
I never knew what really mattered in life. Now I'm woke.
by JTWoke January 7, 2018
Extracted from:
www.urbandictionary.com/define.php?term=Woke
It’s a failure of bank regulators. They should have seen it coming.
That and the Fed driving interest rates through the roof. All the banks with problems had large shares of their deposits invested in US fixed maturity bonds that have lost value because their fixed returns are 2% in a time when bond buyers can purchase new bonds at 3 times that rate of return. That devalues the bonds these banks are holding such that they can't sell them. Ooops there goes the liquidity. You're getting ready to see the fed start dropping those interest rates trying to limit the damage before a panic takes hold.
I agree with Ana, I'm friggin sick & tired of being told lie after lie.
Why watch tyt then?
A WHOLE 24 hours?!
This story is a perfect example addiction to money from the greedy people in this country.
@@zumatoobs What are you talking about?
@@zumatoobs No I did not.
@@zumatoobs Wow you really understand your language.
Ok so the first 2 chuckleheads blamed ESG investments, Don Jr tried to steer the convo away from his dad, and the last couple blamed identity politics. Meanwhile it was the investor themselves that caused this by panicking immediately.
Anything avoid talking about regulations.
It's the toss every against the wall and see what sticks method. You republicans strategy.
Bad republican policy appears to be....'derp-a-derp-wharke'.
So deregulation means woke now? That’s Trump in a nutshell!
you dont know much about anything except your extreme left wing hate. Why dont they say the truth. Truth is the bank was funneling millions of dollars to establishment republicans and democrats equally. THe funny thing is all the recipients were the ones pushing for the removal of trump. YOu clowns better wake the fuck the up and learn some truth about how corrupt the swamp is.
2:38 good. I don't give a crap about shareholder returns.
Chenk, I applode you that you won't go insane when dealing with this corporate crap all day long. I about to lose it already.
Oh my f##k😮
Yeah SVB did make bad investments all around... so why bail them out? Let them fall yo.
It's all about klepto-corporate corruption. I'm glad I emigrated to Asia 40 years ago. We don't have bananarepublican problems where I live. Not yet, at least.
“Woke woke woke…shareholder returns. BUT WAIT THERES ALSO woke woke woke woke….but the shareholder returns. BUT DONT FORGET THE woke woke woke woke….but the shareholder returns”
So what do we do about this
@@zumatoobs simp
@@zumatoobs far from a follower or a simp your comment is childish in nature I can care less for a politician or your people that’s running the country in the ground giving the Ukrainians billions and billions of dollars when it’s time to go to war it’s you that’s going to be on the front lines not me in many places you’re hated all over the world so good luck with America
Do conservatives have an organized phone tree to coordinate their messaging about news topics ?
Examples: Multiple right wing shows referred to Trump as being autistic. The bank failure of SVB was because they were woke.
Yes, they do actually.
These guys are hilarious. As if a bank could be "woke". And, didn't right wing star Peter Thiel invest in that bank?
They hired people strictly on racial considerations, had no risk assessment manager and gave millions to “social Justice” causes.
In this case, Woke made you broke.
@@Grundig305 Right. Nothing to do with not having enough liquidity to make secure investments. Not to mention, the bank gave out bonuses just before they went down. But you keep telling yourself it's because they had a black person, or lgbtq person on the board...like probably hundreds of other banks. When you learn something about how banks actually work then come back & we'll discuss.
@@GenerationJonesi I didn’t say that you did. How the hell could a bank in Silicon Valley of all places fail? When you put in
“Feel good” policies and people who are more concerned with “social Justice” than solvency. I find it humorous that the depositors are taking their money out and
putting it in old white mans banks like Bank of America and Citibank. Typical liberal behavior. Lol
@@Grundig305 I just noted why they failed. Deregulation allows banks to take chances with other people's money when they don't have enough equity to do it with the bank's profits, which is how solvent banks conduct investments. Am I getting through, here? I don't know how to spell it out any plainer.
@@Grundig305 you’re right cause this is the first and only bank to fail 😂😂😂
Its not the governments job to protect shareholders, that's the job of the businesses that are being invested in.
What these people seem to forget is, that buying and selling stocks and shares is a gamble, that Wall St. is nothing but a gigantic Casino.
Tell me which casino, anywhere in the world, that guarantee's you never lose your money.
I mean they said the east palatine Ohio derailment was b/c of woke workers. 😂
Yeah, that gay black trans woman that served twice in the military sure screwed everything up! 🤣🤪
@Christian Clipper what agenda? I’d you think someone is breaking the law press charges and see it through court otherwise stop slandering a community you claim to be ok with
They seem to think that large organizations can only address a single issue at a time. When in reality any "woke" agenda would be handled by the corresponding departments (i.e. HR) and the rest of the company would continue with business as usual.
Squirrel! Priceless Cenk!!!!
@@zumatoobs I do SYMPathize for your dumb ass.
What exactly do *they* mean by "woke"?
Don't ask----it's just like CRT, Republicans hate both of them but they can't even define what they mean.
We ''woke'' up and our money is gone lol
@@eatmorenachos The lack of an answer is itself an answer.
How does the Walmart guy know anything about what the managements of those various banks were focused on? Usually front line managers aren't focused on ESG. They have a department to set policies on those issues.He offers no evidence at all for his claim that focus on social issues had anything to do with the collapse.
It doesn’t matter, it’s just for their ignorant base that isn’t going to think beyond hearing the phrase. Besides thinking shareholder value is all that counts is an admission in itself.
"The industry should be focused on more money for rich people, not the survival of humanity." Insanity.
Even if that were true it would make sense. The value is found and absorbed from a prosperous society. If you don't prioritize a stable society you don't get a stable economy.
So as soon as the holdings go near 250 billion, there is a risk of a bank run? It seems a very avoidable problem.
culture war is free... economic policy is not
Just another go woke, go broke story, nothing surprising.
They only have one talking point, and they beat it to death.
They try to make woke equal ...all things icky, and they're failing, outside their base.
please.. don't go away mad.. just go away. we're not stupid.
Villainizing ESG ratings is such nonsense. JFC.
How do commercial banks maximize returns? By taking more risk. It’s not a complicated business if you are simple enough to think that maximizing returns alone is the only objective (like Comer or the Home Depot guy) or if you think security of shareholder investment is the only objective. It is a complicated business if you understand that maximizing returns within the constraint of the bank having a vanishingly low chance of failing within a very long period of time, no matter what might happen, simply because nobody really knows precisely what that means.
Never once did he mention the people who put money in the bank.
The best woke to woke the woke is to woke their woke. But if they woke your woke first, your woke is woked. Woke woke woke woke woke woke woke woke woke.
....woke.
What he is saying the depositors were. Paid? While the shareholders lost.
Never trust a man in his 80s that seems to have a full head of hair.
Bernie we need to completely focus on shareholder returns. Make sure we protect the shareholders, not the customers!! 🤦♀️
Bernie: look after shareholders, let the planet burn.
Bernie would not give a crap about shareholders
Squirrel!
First of all, why is this happening to the banks?
Because it's Tuesday!
Look no further than Trump gutting the legislation that regulated banks.
@@zumatoobs you’re getting that mixed up with Trump again.
@@zumatoobs and this has nothing to do with democrat spending.
@@zumatoobs It's a private bank. Funded in part by Peter Thiel, who is definitely not a democrat. Use your noggin!
So what happens to these woke people when MN u. S. Goes bankrupt
Horrifying biological fact about being human when you are being entertained you are incapable of reacting to threats which is why every time there's a fire in a movie theater everyone dies unless the fire takes out the screen first and you didn't even know that but every government in the world does