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#stability

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The Federal Deposit Insurance Corporation #FDIC is an independent agency created by the #Congress to maintain #stability and public confidence in the nation's #financial system. We have no more independent agencies. #DOGE invaded the #FDIC today and will be applying their atrocious #AI to plunder one of the last remaining secure #bank data and #statistics repositories. “The FDIC is a prudential #regulator, meaning for some banks it is the primary regulator enforcing all the capital requirements"

“…evidence from societies with various histories from around the world. It reminds us that democracy is not a Western concept imposed on others. Nor is democracy only possible in wealthy societies. People in Costa Rica are more secure and prosperous than their neighbors in authoritarian Nicaragua. People in Botswana are more secure and prosperous than their neighbors in authoritarian Zimbabwe.”

snyder.substack.com/p/what-dem

Thinking about... · What Democracy BringsBy Timothy Snyder
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The loans will come at below-market interest rates, a crucial stipulation as #global #lenders usually charge much higher rates in #Africa, citing higher risks.

In an interview, Ajay Banga, the president of the #WorldBank, cast the initiative in sweeping terms where #economic #development met societal #stability & basic #HumanRights. “Without #electricity, we can’t get #jobs, #health care, skills,” he said. The success of electrification, he said, is “foundational to everything.”

10/ All of these expressions have made the Chinese government fearful of another Halloween event this year. Though last year’s celebrations brought an economic boost to Shanghai, authorities are now pouring money into ensuring that Halloween is silenced for #stability.
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“Those disqualifying characteristics are compounded by everything else that limits his ability to fulfill the duties of #POTUS: his many #criminal charges, his advancing age, his fundamental lack of interest in #policy & his increasingly bizarre [#weird] cast of associates.

“This unequivocal, dispiriting truth— #Trump is not fit to be president—should be enough for any voter who cares about the health of our country & the #stability of our #democracy to deny him re-election.”