Silicon Valley Bank donated over $73 million to Black Lives Matter-related social groups in the years before it collapsed, while Signature Bank donated a total of $850,000, a database released by the conservative Claremont Institute shows. The revelation comes as the banks have been derided for being too woke and not focusing enough on the red flags that were building up at their companies.
REVEALED: Silicon Valley Bank handed out over $73 MILLION to Black Lives Matter-scam related social justice groups before it collapsed
- Signature Bank Probed By Feds Over Money Laundering Concerns Before Collapse: Report…
- Shares In Major Bank Plummet Further After Top Investor Refuses To Offer Aid, Two Other Banks Collapse…
- Biden And Schumer Took Money From Silicon Valley Bank Affiliates Before Company Imploded…
- ‘Another Scandal’: Biden Admin ‘Radicals’ Blocked SVB Sale, Nationalized It, Then Blamed Trump For Collapse…
- Obama Official, Hillary Donors, Improv Actor: Meet SVB’s Board Of Directors…
Stock Markets In ‘Bloodbath’ As Biden-Bank Fears Resurface
Why it is so great that Silicon Valley’s ‘Bank of Satan’ has imploded!
It is time to directly confront the Silicon Valley cultists and demand FBI, Congressional, FTC, news media and SEC investigations!
Only 2.7% of Silicon Valley Bank deposits are less than $250,000.
Meaning, 97.3% are NOT FDIC insured. Ouch, you Big Tech scumbags: https://t.co/NLPSmlFsXl
CEO of Silicon Valley Bank sold $3.57M of stock in troubled bank just TWO WEEKS before its dramatic collapse in automated trade planned on January 26 – and CFO ditched $575,000 the same day
The Documented Characteristics of Silicon Valley Venture Capitalists and Tech CEO’s prove why they deserve what is happening:
A horrific phenomenon of cultural depravity and white-collar crime is going unchecked in Silicon Valley because Silicon Valley controls the media and the politicians that are usually supposed to check these kinds of things. Millions of pages of news reports, documentaries, interviews and legal transcripts prove the following to be true:
Elitist Cult. Silicon Valley elitists believe they are better than everyone else. Silicon Valley’s Kleiner Perkins founder: VC Tom Perkins, said that poor people must be “Nazi’s” for not accepting the “superior intellect” of VC’s. Silicon Valley’s Kleiner Perkins VC Vinod Khosla, took over California’s favorite public beach, bribed the White House for “green cash” and got sued for arrogance by a horde of public interest lawsuits. Silicon Valley’s Kleiner Perkins founder Ray Lane was indicted for tax evasion. Silicon Valley’s Kleiner Perkins boss John Doerr was sued for sexual office abuse and running a “frat house”. Most of the VC’s and tech CEO’s in Silicon Valley are charged with ethics breaches.
Prostitutes. Silicon Valley males hire more hookers and “rent-boys” and fly more sex workers into the Bay Area than any other city in America. Google’s and Tesla Investments executives were killed in sex and drug romps with hookers. Google’s Eric Schmidt ran a huge “sex penthouse” and promotes infidelity and “anti-marriage”. Google’s search engine rigging boss died at the hands of one of his hookers. The Silicon Valley VC’s had the Rosewood Hotel built at the end of Sandhill Road as a place to take interns and hookers to for sex. Underage sex efforts operated by these VC’s and Tech CEO’s have created the “Pizzagate” phenomenon.
Rapists and Sexual Coercion of Employees. Young interns are “sent up the hill” by Stanford to the VC’s Sandhill Road offices to become sexual playthings for the VC’s at the Rosewood Hotel. Ellen Pao sued Kleiner Perkins over the sexual “rape culture” that they promoted. Thousands of women have written books and articles about the sexual intimidation they are subjected to by Silicon Valley VC’s and their tech CEO’s. VC’s Joe Lonsdale, Micheal Goguen and hundreds of others have been charged with rape and sex trafficking. Stanford University gets “endowments” and “gifts” for hushing rape culture and intern-fluffing up.
Assholes. Fraternity House Take-What-You-Want culture is re-percussively promoted in the bars, clubs, meetings, conferences and emails of the VC’s and CEO’s. The TV Show: Silicon Valley, underscores the point of the dangers of infectious asshole-ism in Silicon Valley.
Clones. They assemble those around them that have the same stereotypical facial structure. In a room full of ordinary people and Tech VC’s, the VC’s faces stand out as Hollywood-type character-cartoon duplicates of each other.
Sexual deviance and extremism. Google’s founders have all had extreme sex scandals involving cheating, 3-way sex, divorces over abuse, forced anal sex and other outrages. Their teachers at Stanford have had to quite over their sex scandals. Their willingness and infatuation with sexual extremes defines them as moral degenerates who care little about laws and ethics.
Insider Dysfunctional Parents. The majority of the VC’s and Tech CEO’s come from rich dynastic families who are cultism-like devoted to “the family bloodline” and run by male oligarchs who believe in a rape culture/oligarch ethos. This belief system is passed on to their children. The oligarch parents threaten to cut endowments to Stanford University if Stanford punishes their son’s Frat Houses for date rapes.
Tone Deaf. Silicon Valley Tech people exist in a conceptual ideology reinforcement bubble by never interacting with, or reading information or news from, anyone outside of their group. VC Tim Draper spent vast amounts of money trying to make Silicon Valley it’s own country in order to systemize the Silicon Valley tunnel-vision bubble. They want to secede from America because they are offended by normal people who they consider to be low-class and unworthy.
Murders. Rajeev Motwani taught the Google founders how to build Google and was found, mysteriously, floating, dead, in his Silicon Valley swimming pool. Silicon Valley’s Gary D. Conley reported John Doerr and Elon Musk for corruption and was found with a bullet in his head behind Beale Air Force base. Three top Tesla engineers reported corruption at Tesla Motors and then suddenly died in a plane crash next to Tesla’s factory in San Carlos. There are over 100 mysterious deaths associated with people who had conflicts with Google, Kleiner Perkins and other Silicon Valley oligarchs.
Arrogant. Self-Centered Narcissists. Elon Musk has spent over a billion dollars buying exclusive Google, Twitter, MSM and Facebook hype about himself. Every Tech CEO has a multi-million dollar PR agent assigned to make them look like “Gods of Industry”. They regularly hold “Babes and Ball’s” parties and sex parties in Woodside that require women to beg for their money. They were trained to be “assholes” and “abusive dominants” via the Stanford Rape/Frat Culture.
Misogynists. All White-Male-Controlled with frat house pasts. Women are used As Sex Objects and Window Dressing. The largest number of anti-women news stories, jock/bro blog reports and charges for abuse come from Silicon Valley. VC Steve Westly’s CEO friend is notorious for kicking his girlfriend hundreds of times because she “sassed” him. Almost of of their Divorce filings include abuse charges against the man.
Manipulation of Employees. Silicon Valley cartel companies practice Scientology-like indoctrination and “cultural programming” of employees. These highly impressionable naive young employees are kept in “controlled environments”, sent to “mindfulness programming workshops” and told what kind of political opinions they should have. Tight-knit groups of females experience synchronized menstrual periods over time, cohesive Google and Facebook employee groups engaged in decision-making discount dissenting viewpoints in the interests of consensus, and that couples who stay together long enough begin to look alike. A new study has captured another group phenomenon in Silicon Valley and chronicled in humans’ natural habitat: “group brain synchrony”. This is a CIA-like brainwashing technique exploited to get all Google/Facebook/Twitter employees to rapidly adopt the same political views.
Racists. Silicon Valley companies have the lowest rates of hiring, or promoting blacks, in America even though they have a high population of blacks at the edge of their community.
Male insecurity issues. They use TED-Talks, SXSW and Syncronicity Events as self-promoting hype in which to act like an apostle of a tech religion. They buy Tesla cars as a badge of arrogance and mock any male who does not own what they own or who who did not go to Stanford or Yale. These pretentious and ostentatious boys are more inclined to brag about penis-size than family.
Blacklisting. In the AngelGate Investigation and Silicon Valley No Poaching Class Action Lawsuit, Silicon Valley was exposed as an insider club that black-lists those who look different or are not part of the boys club.
Politically corrupt. Silicon Valley has bribed more politicians than any other domestic region in history. They promote more immigration in order to get cheap labor for their tech companies. They steal their technology and bribe politicians to eliminate patent protections for small inventors that they steal from. Political Corruption and Bribery Is The Norm for these boys. Silicon Valley created a CIA knock-off called “In-Q-Tel” in order to use CIA technology to manipulate elections at Google, Facebook and Twitter. The 60 Minutes Episode called: “The Cleantech Crash” is about their multi-billion dollar scam using the Dept. of Energy as a slush-fund. They refuse to allow their MSM to report on their corruption and crony kickbacks, ie: Tesla Motors Funding, Off-shore tax evasion, Hooker networks, etc.
Collusion. In the AngelGate Investigation, the Silicon Valley No Poaching Class Action Lawsuit, and hundreds of other cases, Silicon Valley was exposed as an insider club that colludes to rig valuations, stock markets and employee poaching. They operate in herds within their peer group. They are not inclined to independent thinking. Kleiner Perkins has been caught placing moles and saboteurs inside competitors start-ups. They operate in herds within their peer group. They are not inclined to independent thinking.
Stock Market Criminals. Stock Market Pump-and-Dump, Flash Boy Algorithm Manipulation, Insider Trading, Market Rigging. The Securities and Exchange law violations and FTC monopoly law violations are vast in number.
Burning Man Sex-and-Drugs Devotees. Silicon Valley frat boys have a huge participation in the date-rape goings-on at Burning Man and buy extensive pheromone and skin contact delivery animal-tranquilizer drugs to use on young Burning Man girls.
Minimal Regard For Consequences. Although their PR agents promote them as “green” and “socially positive”, it is all hype to get tax waivers and government hand-outs. Mark Zuckerberg’s take-over of San Francisco General Hospital’s brand was entirely a scam to get him a $1 billion dollar tax evasion deployment. The Silicon Frat Boys act on impulse and try to buy off the collateral damage later.
Closeted homosexuals. Using the tremendous funds they have at hand from their exclusive monopolies in public media, they push their trans-gender agendas through their bought-and-paid for politicians. This has resulted in a generation of sexually confused children who believe that they should cut their penises off. The top bosses at Facebook, Google, Twitter, Tesla and other companies are lying to the public about their sexuality and using hired wives, known as “beards”. If they lie about something so basic, one has to wonder what else they lie about.
Thieves. They steal most of their technology from small inventors who can’t defend themselves. They get inventions from Indian engineers and then ship them back to India before the employees can get any stock or IP rights. The tech CEO’s send their VC friends to competing start-ups to spy on competing technologies and steal it. The VC’s say they are just doing “due diligence” but they are actually sucking the competing start-up dry of IP and staff and making a clone of it under another name.
There are so many other awful things about the people of Silicon Valley. You get the picture. Silicon Valley is a swamp and a cesspool and they deserve bankruptcy, shame and forced transparency for the exposure of ALL of their corruption.
WRITE YOUR REGULATORY AGENCIES AND DEMAND INVESTIGATIONS AND PROSECUTOR ACTION TODAY!
SVB collapse will have ‘major’ impact on tech industry: Fears over mass layoffs and paycheck delays for thousands of employees at companies that do NOT bank with SVB – but use payroll providers that do
Investors are only insured up to $250,000 and as well as tech firms, many Silicon Valley workers use Santa Clara-based bank for their their personal cash flow and mortgages.
Former insider turned critic Wendy Liu busts the myths of the tech industry, and offers a galvanising argument for why and how we must reclaim technology’s potential for the public good.
“Lucid, probing and urgent … optimistic about the emancipatory potential of tech and scathing about the industry that has harnessed it for bleak and self-serving ends.”
“Technologists all over the world are coming to grips with the ethical implications of their work and realizing that no amount of code can substitute for political engagement. Liu’s memoir is a roadmap for that journey of realization (it helps that she’s a sprightly, witty writer).”
“Astute, accessible, and driven by the author’s wealth of personal insight … a riveting read and a compelling contribution to contemporary debates. I devoured it in a single sitting.”
“Politically-engaged and rigorously self-reflective … calls not just for the eradication of tech culture as we know it, but for the radical reinvention of innovation, work, and automation in the name of the collective interest … an assured debut which deserves to find a wide audience.”
‘Abolish Silicon Valley: How to Liberate Technology from Capitalism’
Now available from: IndieBound.org | Hive.co.uk | Powell’s | your local bookstore
More purchase options at penguinrandomhouse.com
Innovation. Meritocracy. The possibility of overnight success. What’s not to love about Silicon Valley?
These days, it’s hard to be unambiguously optimistic about the growth-at-all-costs ethos of the tech industry. Public opinion is souring in the wake of revelations about Cambridge Analytica, Theranos, and the workplace conditions of Amazon workers or Uber drivers. It’s becoming clear that the tech industry’s promised “innovation” is neither sustainable nor always desirable.
Abolish Silicon Valley is both a heartfelt personal story about the wasteful inequality of Silicon Valley, and a rallying call to engage in the radical politics needed to upend the status quo. Going beyond the idiosyncrasies of the individual founders and companies that characterise the industry today, Wendy Liu delves into the structural factors of the economy that gave rise to Silicon Valley as we know it. Ultimately, she proposes a more radical way of developing technology, where innovation is conducted for the benefit of society at large, and not just to enrich a select few.
Interviews and media coverage
Podcast and speaking appearances listed separately – see this page
- Protocol Media: Life after Google: Ex-employees keep speaking out as they move on by Levi Sumagaysay (February 7, 2020)
- i-D Magazine: What the tech industry is doing to gen Z’s job prospects by James Greig (March 3, 2020)
- Exploding Appendix: Questionnaire (March 14, 2020)
- Dazed: Why we must destroy and rebuild the toxic tech industry by Nathalie Olah (March 25, 2020)
- The Skinny: Wendy Liu on Abolish Silicon Valley, technology and capitalism by Katie Goh (April 3, 2020)
- The Guardian: Abolish Silicon Valley by Wendy Liu review – rebooting our reality by Peter Conrad (April 7, 2020)
- San Jose Mercury News: Q&A: This San Francisco-based author wants to “Abolish Silicon Valley” to save it from capitalism by Aldo Toledo (April 12, 2020)
- Apache (based in Belgium): Pleidooi voor democratische controle over technologie (in Dutch) by Tom Cassauwers (April 13, 2020)
- LitHub: Jenny Odell and Wendy Liu on Liberating Ourselves From Usefulness by Jenny Odell (April 13, 2020)
- BoingBoing: Abolish Silicon Valley: memoir of a driven startup founder who became an anti-capitalist activist by Cory Doctorow (April 14, 2020)
- Prospect: “The world isn’t a logical proposition”: Why Silicon Valley’s fiercest critic wants to abolish it by Sanjana Varghese (April 15, 2020)
- San Francisco Chronicle Silicon Valley is stuck in an iron house. Can Wendy Liu wake us up? by Owen Thomas (April 15, 2020)
- Literary Hub Wall Street’s Problem is Silicon Valley’s Too an excerpt from chapter 10 of the book (April 27, 2020)
- Motherboard – VICE Why We Should ‘Abolish Silicon Valley’ by Edward Ongweso Jr (April 29, 2020)
- Scottish Left Review Shutting down and switching off Silicon Valley by Aidan Beatty (May 9, 2020)
- New Statesman Wendy Liu: “Silicon Valley didn’t create the pandemic, but they’re profiting from it” by George Eaton (June 10, 2020)
Treasury probes US banks’ exposure to Credit Suisse as it pleads for help from Swiss state bank after shares by up to 30%: Dow plunges 500 points and S&P cuts First Republic to junk status in wake of SVB collapse
Top Democrats gives up Silicon Valley Bank donations: Chuck Schumer gives $5,800 to charity and Rep. Maxine Waters sends $2,500 ‘back’ – so will other candidates follow suit?
REVEALED: Shark Tank’s Kevin O’Leary – who publicly slammed SVB as ‘run buy idiots’ – kept billions of dollars of HIS company’s money at the failed bank
Shark Tank star Kevin O’Leary had billions of dollars of his company money tied up in the failed Silicon Valley Bank – despite calling bosses ‘idiots’ this week. O’Leary – who also lost $15 million when crypto firm FTX imploded last year – was questioned over his ties to SVB in a toe-curling interview with Fox New’s Sean Hannity on Tuesday night.