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Mar 13, 2023Liked by el gato malo

You are 100% right. This is why Biden’s appointees are “firsts” instead of “bests”.

Mayor Pete, KJP, and Janet Yellen have no qualifications whatsoever and are garbage at their jobs, yet they were appointed to important positions.

Why?

To destroy from within through incompetence

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As our primary and secondary schools continue producing proportionately more Bs and Cs endowed with incompetence, incuriosity, and ignorance of American civics and values, so does our society proportionally shift toward socialism, wokeness, and DEI. I might add that a growing proportion who substitute identity and self for faith in a higher power and service to others is a cofactor in the race to the bottom.

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Why do we continue to use their acronym, their construct? Why not wax subversive and refer to it as diversity, inclusion, and equity (DIE)? Because DIE is what happens to organizations afflicted by it.

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"what they seek to exclude is excellence and meritocracy."

The most talented people get cancelled by brazenly cutthroat B's. This is both devastating and accelerating in frequency. Smartest governors DeSantis and Noem are vilified for successful defeat of COVID, without covidmania, in their states. Medical boards seize licenses of doctors who were earliest with successful treatments for COVID patients. Parents who stayed awake in 9th grade biology and can define "woman" are treated as criminals in school board meetings by knuckle-draggers who have no legitimate claim to be educators.

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And no place is this more true then inside the federal government.

If you only knew, it would keep you up at night

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"these alleged philosophies of inclusion are, in fact, ideologies of exclusion. and what they seek to exclude is excellence and meritocracy."

EXACTLY.

Woke world, that's where the dopes live.

I have the greatest respect for the Bill of Rights and the Civil Rights Act. I would like to see others respect them, too.

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The rot in the universities isn't only a problem for the long term viability of the universities. Sure, they're immolating centuries of cultural capital almost overnight in their metamorphosis into marxcissist monasteries (or should that be convents?) But it's still the case that the Ivies are the injection point into the elite, meaning that the diversity admits from equity-seeking groups end up being placed in charge of major bureaucracies, billion dollar investment funds, foreign policy....

And the results are all around us. Everything is falling apart. The standard of living is collapsing. Social trust is gone. Midwit managerialism is running our civilization into the dirt.

Time for the elites to circulate.

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So true! formerly reliable and trusted organizations are just falling apart ! Post offices don’t deliver to right addresses, newspapers can’t spell, hospitals cause more deaths than believable, banks are poorly managed, non profits don’t know where donations actually go, military forced to focus on non defense training, federal workers don’t work—- so much that is touched by “DEI” seems a mess. Yikes! There are still wonderful people affiliated with these orgs, but weak leaders are a big part of the reason why so many institutions totter on being inept. And federal leadership sets a horrible, laughable example.

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I was just lamenting to my wife about how this process is playing out before our eyes at my kids’ international school in Asia. The principal when we arrived 7 years ago was an absolute mensch who consistently hired great people throughout the school. Then the owners pushed him out for unclear reasons and lied about it to the parents telling us he was taking a sabbatical. Now all the top positions are filled with woke-adjacent (international woke is not quite the same as America woke) globalists and all the great teachers are leaving and being replaced by soulless NPC technicians. I see it as a microcosm of institutions everywhere.

We’re contemplating a change in schools, but the virus of mediocrity and sub-mediocrity is endemic. Christian schools are looking like the best bet.

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Isn’t that the point though? Isn’t that why they are put in charge in the first place? Does anyone who is not confident enough to know who they are, really have enough rational brain power to run a company without using their emotions to make decisions? Isn’t that who the elite want in power so they are easier to control? Tear down America is the game and it’s working. Trudeau and Biden would never get in on their own merit,...they have none. They are most assuredly the clearest puppets of our time.

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A magnificent skewering of our 'Emperor's New Clothes' collective global psychodrama.

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Newarks main hospital can’t even keep babies alive, but spends millions on DIE: https://yuribezmenov.substack.com/p/how-to-fire-a-commissar

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founding
Mar 13, 2023·edited Mar 13, 2023

Maybe the fact that institutional investors, banks and the SEC didn't "catch" the tomfoolery at SVB is because EVERYONE is doing the same thing?

Maybe it's "silent" on the balance sheet because it's silent in the ecosystem?

I just went through the Q4 quarterly and it's glaring how obvious it is in the P&L's. If 90% of your deposit held are over the $250k FDIC backstop and you are in a high inflationary period, where the feds tighten policy; well then you're going to have less loans while the delta between EFFECTIVE inflation and the return garnered by the assets/loans they hold shrinks cashflow and profit.

Basically they were in a "top heavy" shuffle game, chasing deposits to buy time, to close the gap between client funds and assets, when they only have to hold a sum of 10% of total deposits to cover their liabilities. They basically were riverboat gambling on margin!...WHOOPS nobody caught it?

Just another garden variety PONZICLYSM we'll have to pay for!

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Well said. A culture that accepts absurdities will form a society that commits atrocities.

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So much good stuff here, Bad Cat! This is gold, "A’s hire A’s and B’s hire C’s." The story about the Newark mayor reminded me of a story I heard Penn Jillette tell a while back. Back in the day, one of his mentors, The Great Randi, sent a couple of his students to Stanford, posing as people who actually possessed superhuman powers---able to bend spoons, tell the future, typical magician stuff. They had ginned up fake-as-hell CVs for these guys, with all types of recommendations and credentials from other places. The stuff was COMPLETELY made-up. At no point did the researchers from Stanford check! They set about testing these guys' "abilities" which, of course, were basic magic trick fare. This went on for months, if I recall correctly, until Randi's students just could not take the pressure of having to fool these researchers continuously. The key point is, like the folks in Jersey, they did NO checking, not a single bit of modest Googling to verify the bullshit. As you so perfectly ask, "And these idiots are in charge?"

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This article resonates strongly with me. It’s literally the very reason(s) I removed myself from the corporate world and started my own business.

Because I worked hard, my coworkers treated me like a threat. We’re on the same team for goodness sakes!

Almost every company I left had to hire 2 people to replace me. Wtf?

I never got ahead. Was it because I never threw my coworkers under the bus?

I worked extra hours to get the job done, yet never asked for a dime. Getting the job done on time, under budget and as accurately/efficiently as possible was the goal, was it not?

Helping a coworker/teammate who wasn’t getting the job done was the right thing to do, wasn’t it?

I was taken advantage of constantly by the weak and incompetent because getting the job done was more important to me than my advancement.

Starting my own business was the smartest decision I ever made. I will not align myself, my brand or my business with anyone or anything whose standards are inferior. Why should I be expected to work less efficiently to make others feel more comfortable with themselves? Are you kidding me?

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