Two centuries of #bankfailures in a single chart... and the extraordinary period of stability between 1950 & 1970.

Whatever #bankers may claim about the 'problem' of regulation & the hand of the state, as @RichardJMurphy pointed out this morning - this is the period where Kenynsianism shaped public policy & delivered financial stability...

If you wanted an illustration of why #capitalism works best when it is regulated carefully, this would be it.

People who jump at the chance to say "An AR-15 isn't an assault rifle" are the gun version of people that tell you "His name isn't Frankenstein, it's Frankenstein's monster".

You are technically correct. You are missing the point. Nobody likes you.

I literally just finished writing about yesterday’s mass shooting, and today there’s another mass shooting, again in my home state, again in the Asian-American community.

When will this end? I can’t keep writing about this forever. We deserve to feel safe in our communities. We need national policy change.

https://www.nbcbayarea.com/news/local/peninsula/deadly-shootings-half-moon-bay/3137085/

Folks are treating the recent tech layoffs as something spontaneous. They were not. Apparently the current layoffs were orchestrated by hedge funds.

This hedge fund demanded that the big tech companies lay people off because they were being paid too much. Let that one sink in: a hedge fund manager saying that you're being paid too much.

Note that TCI is demanding that Google lay off more people.