Thursday, June 29, 2023

US SUPREME COURT RULES AGAINST AFFIRMATIVE ACTION 6 TO 3

>From Chief Justice Robert's decision for the majority" The student must be treated based on his or her experiences as an individual—not on the basis of race," he wrote. "Many universities have for too long done just the opposite. And in doing so, they have concluded, wrongly, that the touchstone of an individual's identity is not challenges bested, skills built, or lessons learned but the color of their skin. Our constitutional history does not tolerate that choice. "

 And my comment on this decision, which I posted a few inutes ago on Newser: 

 Don't expect much change soon. The enormous bureaucracy in every Human Resources Dept and EEOC office in the land will fight to keep their jobs - and their job is never hire the best, never giver the scholarship or admit the best qualified. Their purpose IN THEIR JOB is to make sure the best qualified is not chosen. Get a basically qualified candidate (as Eleanor Holmes Norton demanded back in the Carter days. The struggle for equal rights against the affirmative action racists has not ended, it has only restarted.

Unfortunately, Chief Justice Roberts, in his same decision, guided supporters of AA to a new loop hole he was creating with this sentence,  “Nothing in this opinion should be construed as prohibiting universities from considering an applicant’s discussion of how race affected his or her life, be it through discrimination, inspiration, or otherwise.”  Affirmative Action will continue, with the same administrators admitting some applicants, perhaps even with a 3-word essay, "I am _______ (Fill out with a preferred minority).  I wonder how many white males will be admitted under this system.

Friday, June 23, 2023

EXPOSED - FDIC PAID OUT BIG TO DEPOSITORS OF FAILED BANK - DEMOCRAT PARTY CONNEXIONS??

Folks, This article comes from RT, but I have not heard it discussed much in the mainstream media in the US. If accurate, it indicates why the FDIC ignored its own rules - deposits in failed banks were guaranteed only up to $250,000. But when the Silicon Valley Bank went bankrupt, the big donors got all their deposits back, paid by the American tax payer. If I am not mistaken, many big Democrats have invested in Sequoia, and I would suspect they were investing in the Chinese firm too. Not in dispute, they got back far more than the law allowed. It all stinks of corruption. But, what can you expect? The Biden Administration runs the show. Hugh Murray FDIC accidentally reveals bailout recipients – Bloomberg The US agency gave $1 billion to the world’s top venture capital firm and $900 million to a Chinese tech firm, among others FDIC accidentally reveals bailout recipients – Bloomberg Customers wait to withdraw funds from Silicon Valley Bank following its collapse © Getty Images / David L Ryan The US Federal Deposit Insurance Corporation accidentally released the identities of the Silicon Valley Bank clients it bailed out following the bank’s collapse in March in response to a Freedom of Information Act request, Bloomberg News revealed on Friday. Upon realizing their mistake, the FDIC reportedly pleaded with Bloomberg to destroy the client list, claiming it had meant to “partially” redact some details “because [the document] included confidential commercial or financial information.” It’s not clear what this information was, as the agency has not commented beyond a letter from its attorney to the news outlet, but Bloomberg says it did not destroy or delete anything. The SVB clients who recovered their deposits thanks to a “systemic risk exception” declared by the FDIC included Sequoia Capital, the world’s most prominent venture capital firm, with $1 billion stored with the failed bank, and Beijing-based tech firm Kanzhun Ltd, which got its $902.9 million in deposits back. Life sciences startup Altos Labs’ $680.3 million were safe, as were payments startup Marqeta Inc.’s $634.5 million. Warren Buffet slams executives of failed US banks Read more Warren Buffet slams executives of failed US banks SVB’s largest depositor according to the FDIC document was crypto stablecoin company Circle Internet Financial Ltd., which had $3.3 billion in deposits there. The bank’s failure caused the value of the company’s USD Coin - supposed to be pegged hard-and-fast to the dollar - to wobble briefly, though like SVB’s other depositors the company was made whole thanks to the taxpayer. The FDIC typically only insures customer deposits up to $250,000. When SVB, a favorite bank of the venture capital and tech industries, collapsed in March due to a bank run, the FDIC extended its deposit protection to most of the bank’s customers in a controversial move critics framed as a bailout. Supporters of the idea argued that expanding FDIC protection beyond the standard limit was needed to prop up the thousands of small- and medium-size tech startups that called SVB home, lest their own collapse bring down the entire sector, and Treasury Secretary Janet Yellen argued a soft landing for SVB’s customers was necessary to prevent total economic collapse. However, the document obtained by Bloomberg suggests the recipients of the FDIC’s largesse were never really in danger of collapsing. You can share this story on social media:

Sunday, June 18, 2023

STILL WORKING ON MY BOOK

Still working on the book. BegaN as simple reprints of some of my publisshed articles, but I kept adding to it. Am trying to finish the last chapter now. It will be controversial. Hugh Murray

Friday, June 16, 2023

MUST SEE MOVIE - RICHARD JEWELL

My mouse broke over the weekend, and I could not get on the computer for several days. Saturday night I spent more time on the tv, and to my surprise, TNT was about to show a film that opened a few years ago, Richard Jewell. I had wanted to see it back at the opening, but a friend who usually took me to the mall had returned to his home country, and I had no easy way to get to the theater. Then lock-downs, and it was not front burner. I had heard it was on Amazon Prime, joined a month, but could not find it. So, forgot about it. So glad I got to see it. It concerns a flawed young man with a good heart. He believes in law and order and aspires to be a policeman or some how involved in law enforcement. He lives with his mom in Atlanta, and the Olympic Games are coming to the Georgia city. During some musical entertainment, he spots an unattended package, unsure. thinks it might be an explosive, gets people out the way as much as possible, and the bomb goes of killing a few. He becomes a hero. The FBI then thinks he fits their profile as the bomber! They decide it is him. With help from the media, they go after him, destroy his reputation, get him fired, and unhirabe. Ruin a good man - the role of the FBI and the government in this case. A FEW DAYS BEFORE, FORMER PRESIDENT TRUMP HAD TO APPEAR IN COURT IN FLORIDA ON CHARGES INCLUDING ESPIONAGE. All the Biden documents, all the Biden bribery allegations, are ignored, while the US government now goes out to destroy Trump. Sad. See the movie, Richare Jewell. Hugh Murray