Luv2play

That's not what Biden said today. Depositers at SVP are being covered for all of their deposits including those above the insured limit of $250,000.

The shares of a lot of regional banks got hammered today. Halt trading in eleven or so. It looks like more will need to be done to restore confidence in the banks. And I don't think coffee and donuts is going to cut it.

There are other elements to the rescue package but I won't get into them. What I theorize is that the major assets of SVB are its loan portfolio and investments. We already know their investments in Treasuries are under water given the rapid increase in the Fed rates. What we don't know is what state their loan portfolio is in. Most of it is to VC firms we are told. Some of those may be shaky given the rapid decline in the tech sector this last year. The other may be in mortgages and while we are not looking at what happened in 2008, with the rapid increase in mortgage rates in the last year, loans made at 1.5 percent over 15 or 30 years may not look so hot when money costs so much more today.

Just read in NYT that the feds have come up with a package to try to restore calm in the banking world. It will see all deposits at SVB and Signature, another bank based in NY closed today, guaranteed by the FDIC. That amounts to over $300 billion in deposits. If the money is not fully recovered through sale of assets of the two banks, all banks will share in the pain through a levy on the insurance program maintained by the government . So no taxpayer bailout but potentially increased bank fees by all who bank anywhere in the US.

The thought has occured to me every once in a while that since I live alone in a house in a small town, if I suffered an health incident where I lost consciousness, who would find me and how soon. I will look into getting a medic alert even though I might not fit the profile, not having had a heart attack or stroke (yet). My father was in his mid 80's when he had his first heart attack but was able to tell his wife to call 911. I'm only in my mid 70's but still. I used to worry when I had 2 dogs that if something happened to me they would probably eat my face, trying to revive me. Don't laugh. I have heard it happening. But now I am really alone with no pets. I had a college buddy who 20 years ago suffered what happened to Daddy. He was found a day later in his kitchen having suffered a stroke. In his case he lived another 10 years but in a wheelchair.

I just checked and the information I read was that First Republic was sold by Bank of America back in 2009-2010, one year after they acquired it. It is now owned by private investors. Obviously if this is true it is not protected by a bank that is "too big to fail". You might want to check what other things your accountant is telling you.

I was with Washington Mutual for my Florida banking when it failed in 2008. It was a huge bank failure, larger than SVB. I only lost a few dollars as I wasn't parking a lot of money there when I was back in Canada. I kept my plastic issued by them as a souvenir. I remember Canada having a couple of bank failures out west in the '80's when the price of oil collapsed but those banks were small potatoes compared to Canada's largest banks, which have never had any problems and are tightly regulated.

The things I appreciate about this forum are when members are willing to share their experiences in the hobby most of us share in common; that they do so in a civil way when expressing opinions, and that they engage in intelligent conversations. I can do without the drama and when I see things going that way I tend to withdraw. I must admit there was a lot of drama in the politics forum. Just as in real life I suppose.

I would suggest looking at the current offerings on RM and looking at their reviews. I often review the ones I have experiences with in RM. My caveat is that every experience is deeply personal and what satisfies one may not another. We all bring our own preferences to the encounter and these are highly individualistic. In the end if you are serious about hiring in the Montreal market correspond with the ones that interest you.

He now lists as Brandonjohnsons on RM in Montreal. Sorry I can't provide the link. Maybe someone with greater skills can. His ad indicates $400cdn in and $2000 overnight. Still no anal or oral top or bottom. His few reviews are positive. No interest here on my part. There are much better options in Montreal.

I would not consider your statement that "I suggest early evening" is a firm commitment on the part of either party. Unless the provider came back to you at that time to nail down a time, then you had no date set up. It's not surprising that by the next day, he wasn't available. You can't fault him because you were not specific in setting up a time.

That $250 million penthouse would give me the willies. I noticed the interviewer had them too as he couldn't approach any of the windows without squirming. A case of vertigo would be hard to avoid. I had the same reaction when I was in the viewing gallery at the top of the World Trade Centre back in the 1980's. I didn't want to get too close to the windows that went right down to the floor. You think if the window suddenly pops out you would be instantly sucked out.

Marc in Calif has provided a well balanced and informative summary of the situation in Calif. as I understand it to be.

I just read the LA Times editorial of today which states only 17 percent of California as of now is drought free. Therefore I take it the rest, 87 percent is affected by some degree of drought. It also explains that scientists measure drought conditions by several factors including soil conditions, not the dictionary definition, which Unicorn cited. It goes on to explain why laymen are confused by what they are witnessing and what the experts are studying. I listen to what the experts are saying and not what ill informed individuals on social media say.

The level of denial is astounding. One wet season does not alter the overall drought conditions in most of California over the last number of years. If this winter's rain and snow were to repeat next winter then possibly the outlook would brighten. However the prospect of hotter and dryer summers could negate the improvement seen in the last month or so. If you look at just the beginning of January the drought situation in California was dire.

I'll have to check agsin but all I've been reading for some time now is that California has been experiencing drought conditions for some time now. I will have to check how many years. This rainy season has been exceptional in that regard. It's not the only place on earrh that has had heavy precipitation in their rainy season. Pakistan almost drowned this past year during their monsoon season. And scientists are attributing this to climate change.

Measured on the top it would be a nice 8 incher. The pubic bone would prevent penetration any greater than 8 inches.

The CBC in Canada reported on this tonight in their 6 o'clock news program. It mentioned rhe community of Crestline and the 10 feet of snow engulfing homes. It also reported more snow in Northern California is headed their way. On the positive side the snow pack in the mountains will alleviate somewhat the drought conditions this summer but not by much unless the precipitation continues. Let it rain, let it rain, let it rain.

Funny question. Why restrict it to guys in Seattle since Artur travels extensively and is Canadian based in Toronto. But yes, I have had experience with him. An overnight and he was everything you see on his media platforms. A real fire cracker. I would repeat in a heartbeat.

I sometimes think the less said the better.

Interesting. Can you use an example of it as an adjective?

It's cheap here on Canada as well. Pork producers aren't regulated like others such as poultry and dairy. But beef producers aren't regulated either and prices of beef have skyrocketed. Maybe something to do with feed prices and international markets but I'm not an agricultural economist. I know there have been problems with the Chinese market and they are huge. There are also cultural limits to consuming pork with many Jewish and Muslim populations eschewing it.

It seems like only yesterday that Charlie was walking his dog before 7 in the morning to escape the heat.

Which reminds me of Scotch eggs. Haven't had them in ages. My mother was Scotch. She would be proud of me because I get my eggs at a nearby farm and pay $2.50 a dozen, ungraded. So they come in all sizes and brown or white. Only days old so fresh as can be.

Right as far as that goes. But he was also Scottish and Scotch. 😉