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John Delaney 🇺🇸 @JohnDelaney
"The kids are not alright" An important piece on the teen mental health crisis and what states are doing about it… https://t.co/AH7sBpIaXX — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Bill Gates breaks down the future of AI very well in this essay. Worth a read. https://t.co/kkePcVIuLg — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
This is unbelievable. Just amazing. The skier is a hero. https://t.co/h6sLi3x41U — PolitiTweet.org
NowThis @nowthisnews
Watch the terrifying moment a skier comes across—and rescues—a snowboarder who was trapped under a mound of snow in… https://t.co/3CY4dTwJSZ
John Delaney 🇺🇸 @JohnDelaney
She's right - it's past time for a woman President and the Democratic Party has terrific potential candidates in '2… https://t.co/nEpa2Qzu8H — PolitiTweet.org
Henry J. Gomez @HenryJGomez
Michigan Gov. Gretchen Whitmer rules out 2024, regardless of whether Biden runs again, but as for the future: “I th… https://t.co/ea72BsgR14
John Delaney 🇺🇸 @JohnDelaney
The Fed has a difficult decision (be wary of those who claim it's an easy decision): Do they keep raising rates to… https://t.co/NAQnT9BA7p — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Marty Baron is the greatest media editor of our generation. His argument for objectivity in journalism is exactly w… https://t.co/jBMupifVJi — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
@daveanthony Maybe so, but neither do you or anyone else. It all about reasoned predictions. They are either well… https://t.co/TrsSl38tku — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Recent high levels of inflation will likely change American politics in a profound way for the next generation It… https://t.co/4vDT7zz84N — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Climate change is an urgent problem but it absolutely can be addressed and I believe it will be. We should have act… https://t.co/fNvlVJTpwb — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Our minds are the most powerful tool to harness https://t.co/8PNocC2cwJ — PolitiTweet.org
Ian Fraser @Ian_Fraser
Italian cyclist Michael Guerra uses his knowledge of physics and aerodynamics to adopt a “plank” position and overt… https://t.co/oHZSZWekO6
John Delaney 🇺🇸 @JohnDelaney
Recent bank problems underscore a new reality of super low (near zero) interest rates (assuming we ever see them ag… https://t.co/DzbwjAWLtV — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
This the right point. Banks had/have the ability to easily insure all their depositors cash. https://t.co/7OjNvV2HnK — PolitiTweet.org
David Sirota @davidsirota
Under the existing $250,000 FDIC limit, depositors can get up to $150 million of FDIC insurance through an insured… https://t.co/EreBVZ2hrq
John Delaney 🇺🇸 @JohnDelaney
Agree on real estate but high rates also hurt VCs as it's hard, for example, to IPO a non-positive cash flow compan… https://t.co/7CTrBCBKSn — PolitiTweet.org
David Sacks @DavidSacks
Those cheering on higher interest rates because they think it somehow hurts VCs are particularly clueless. There is… https://t.co/l5B9LGhlAo
John Delaney 🇺🇸 @JohnDelaney
The Fed's inflation target was not always 2% - for decades it was 3%. I've been surprised the Fed has not given th… https://t.co/He4w5ClJ5t — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
The debate on expanded FDIC insurance is presenting us with a false choice. The choice is not "do nothing" vs "ex… https://t.co/V18CdGDXdH — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Buffett on banking "It can be a very good business, when run right. There's no magic to it. You just have to stay… https://t.co/66b5MTOr8M — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
.@NUMensBball played their hearts out. Great game- very close. Great season. — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
@DavidSacks I support regulators actions with respect to SVB/Signature but you can't ignore the fact that the FDIC… https://t.co/VAKzR4XyuN — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
"May love and laughter light your days, and warm your heart and home" - Irish Blessing — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
The better question is "why didn't the Fed just backstop SVB and Signature deposits only on the actual deposits in… https://t.co/1oKa4WH4N6 — PolitiTweet.org
Jeff Stein @JStein_WaPo
Senator James Lankford (R-Okla.) posed a difficult question: If the US is backstopping SVB & Signature deposits, bu… https://t.co/ZKNnp…
John Delaney 🇺🇸 @JohnDelaney
Best outcome from Fed next week is 25bps hike as it shows: (a) Fed still has needed inflation resolve and (b) indic… https://t.co/J3V5pZXdDK — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Study indicates hyper-partisan politicians get 4X the news coverage as bipartisan politicians! The media is going… https://t.co/9kjBzLkcbK — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
One thing I'm not sure the regulators contemplated is SVB now trying to take deposits from other institutions with… https://t.co/IibyaPc2ej — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
SVB is the story of lazy covid money. During covid, cash piled into tech companies and VCs & they imprudently allowed it to pile up in SVB, uninsured. SVB used all this cash to acquire unhedged, long duration securities thinking rates would never rise. No one considered the risks — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
Since 1980, FDIC Deposit Insurance limits have only been increased in years when the @Phillies won the World Series. — PolitiTweet.org
John Delaney 🇺🇸 @JohnDelaney
The regulators made it painfully clear that ONLY 250k is guaranteed. Depositors could have easily had excess amounts guaranteed or swept excess amounts into treasury funds - which they didn't - and somehow this is the regulators fault!!!! Gimme a break! — PolitiTweet.org
David Sacks @DavidSacks
Startups, don’t panic. There’s absolutely nothing to worry about. The regulators are in complete control of the sit… https://t.co/XSEPHtjQRO
John Delaney 🇺🇸 @JohnDelaney
Not sure why everyone is missing the simple fact that for a mere 8bps per annum all deposits above 250k can be fully guaranteed at every bank in the U.S. no matter what size of the bank. Why is that such a difficult concept for people to grasp? — PolitiTweet.org
Mark Cuban @mcuban
A couple SVB thoughts. 1. 250k is too low. It's insane that a small company with say 2.5m in payables and payroll… https://t.co/CuXoSeQEWS
John Delaney 🇺🇸 @JohnDelaney
Not sure why everyone is missing the simple fact that for a mere 8bps per annum all deposits above 250k can be fully guaranteed at every bank in the U.S. no matter what size of the bank. Why is that such a difficult concept for people to grasp? — PolitiTweet.org
David Sacks @DavidSacks
Community banks simply won’t be able to compete if the Fed says you can lose your deposits there but not at a Big 4… https://t.co/FtTyKPj34d
John Delaney 🇺🇸 @JohnDelaney
Remember, for a mere 8 basis points year, every single deposit at Silicon Valley Bank could have been fully insured. That's $800 per year per $1,000,000. This insurance was available to every depositor. — PolitiTweet.org
The New York Times @nytimes
What brought down Silicon Valley Bank "wasn’t lending to risky start-ups, or gambling on sketchy crypto coins,"… https://t.co/EgjoHPrWGG
John Delaney 🇺🇸 @JohnDelaney
A reminder that depositors can have more than 250k at a bank & have it all insured/safe - they simply have to ask for cheap & readily available deposit insurance for amounts above 250k or instruct their banker to regularly sweep all deposits above 250k into a Treasury mutual fund — PolitiTweet.org