Twenty years ago, these scenes used to shock Americans, but not anymore.
As crime and homelessness continues to spike on the streets of what used to be some of America’s most prestigious areas to live, numerous residents and businesses are fleeing Democrat-run cities in droves.
Today’s homeless encampments are fast resembling Latin American favelas – now taking over liberal-run progressive strongholds like Austin, San Francisco, Portland, Los Angeles, and Seattle.
As the 2024 election cycle approaches, this contentious issue is now coming to a head…
Zero Hedge reports…
The recent implosion of Silicon Valley Bank out of Santa Clara, California was highly symbolic of the greater decline in progress on the west coast of the US. The bank, which also had branch offices in the east, primarily operated out of the far-left corridor of LA, San Francisco, Portland and Seattle. SVB was a key hub in California for the proliferation of ESG investment and was deeply involved in ESG and DEI (Diversity, Equity and Inclusion) related policies. The bank was intended as a model for “woke-capitalism.”
The corporate world is quietly and quickly attempting to remove ESG terminology from their public websites and reports now that the money is drying up, and the media has tried to deny that ESG had anything to do with the bank crisis in the spring. However, SVB’s own internal reports outline quite clearly their ESG goals and projects.
The point? Get woke, go broke.
The way SVB was governed was similar to how California, Oregon and Washington State are governed now – Chasing far-left ideology and dreams of progressive Utopia to the detriment of everything else, including the economy and the security of the citizenry.
It’s important to mention that things were not always this way. Pundits are quick to point out that states like California were wealthy and successful under Democrat leadership decades ago. But what these people don’t want to talk about is the fact that the Democrat politicians of the past 5-10 years are not the same as the Democrats of previous eras.
ESG was not a core mission for Democrats 20 years ago. DEI was not a core mission for them 20 years ago. And, management of west coast policies was far more balanced in years past with more conservative involvement. One could make the argument that the Dems of today are the inevitable end result of any progressive party, and that full-blown collectivism was always the end game. The point remains that woke Democrats are not your grandfather’s Democrats. They are a different breed; a different species with a far more obsessive and aggressive manifesto.
