Biden backs woke ESG investing
President Biden used his very first veto to squash a bipartisan resolution that would effectively ban using environmental, social and governance (ESG) guidelines when investing retirement funds. He knew overriding both houses of Congress on the issue was unpopular, so he lied about it. He (or someone on his staff) tweeted: “This bill would risk […]
Economy is in the tank, banks are reeling, inflation is sky-high and there’s more Biden isn’t telling you
Are you angry yet? You should be. Our economy is slowing, banks are reeling, inflation remains scorching-high, real incomes are dropping, home prices are falling and Americans everywhere are becoming poorer by the minute. On top of everything else, now we have the failures of Silicon Valley Bank and Signature Bank, infuriating bailouts and the […]
It’s not just SVB: America’s CEOs are distracted by trying to save the world
Are CEOs so busy doing good that they have taken their eye off the ball? When Silicon Valley Bank failed, it quickly emerged that management had messed up. Most importantly, the firm had not hedged against the rapid interest rate hikes initiated by Federal Reserve Chairman Jerome Powell to fight inflation. As a result, it […]
Amid the Uproar Over Gender Issues, Wellesley Stands by Its Mission
Kudos to Paula Johnson. In an era when university administrators are too often cowed and even toppled by enraged students, the president of Wellesley College is standing her ground. Despite students voting recently to admit transgender men, Ms. Johnson announced that the college would not be changing its admissions policy, which states that “Wellesley will […]
If Biden wants to win in 2024 this is the surprising strategy he’ll use
Joe Biden is frantically cleaning house. No, he’s not firing any of the incompetent ideologues in his cabinet. Biden hasn’t dismissed Treasury Secretary Janet Yellen, a once-respected economist who now shills full-time for her boss’ out-of-control spending, though he should have. Yellen was blindsided by “transitory” inflation and also by obvious signs our banks were in […]
Silicon Valley Bank had more red flags than a CCP meeting but regulators cared about climate not bank risks
Despite skeins of bank regulations supposed to prevent another financial meltdown, Silicon Valley Bank, the country’s 17th-biggest bank, went down in flames last week. It was the second-biggest bank failure in U.S. history and has prompted a lot of finger-pointing. Management messed up by not addressing a serious cash shortage until it was too late. Some […]
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Liz Peek writes and appears on television, giving a strong conservative view on the latest news in politics and economics. Please fill out the form below to contact Liz Peek.