Silicon Valley experts on gender equity and money have a $175 billion bank failure

Folks at Facebook like to lecture others, sometimes via software, regarding gender equity. What happens inside their own company? “Meta has a pay gap problem, with women abroad getting lower pay and smaller bonuses than men” (Business Insider):

The company, formerly known as Facebook, continues to pay women less than men, whether they’re hourly workers or on salary, according to Meta’s most recently available reports on pay inequity in the UK and Ireland. The company also hands women smaller bonuses, the reports said.

The report on Meta’s pay gap in Ireland is the most recent, having been released quietly in December as part of a new law in the country that went into effect last year. In 2022, women working for Meta in Ireland were paid 15.7% less on average than men at the company. The difference in bonus pay in the country is even larger, with the average bonus for women being 43.3% lower than those that go to men.

For women working at Meta in the UK, where the company operates out of London, the pay gap is smaller but still prevalent, according to a report from last year detailing pay data from 2021. The average woman there was paid 2.1% less than the average man. And again, the difference in bonuses is much starker, with the average bonus going to women being 34.8% less than bonuses paid to men.

The lords of Silicon Valley are also fond of reminding the peasants how much smarter they are about money, even as many venture capital firms there underperform the S&P 500 (HBR 2014; a 2019 article). What about something simple like running a bank? With about $200 billion in deposits to protect, Silicon Valley Bank made a big bet that the Vanquisher of Corn Pop wouldn’t set off hyperinflation. The bank bought long-term Treasury bonds. When Bidenflation took off, the value of these bonds collapsed. From “What’s Going on With Silicon Valley Bank?” (WSJ):

SVB Financial bought tens of billions of dollars of seemingly safe assets, primarily longer-term U.S. Treasurys and government-backed mortgage securities. SVB’s securities portfolio rose from about $27 billion in the first quarter of 2020 to around $128 billion by the end of 2021.

These securities are at virtually no risk of defaulting. But they pay fixed interest rates for many years. That isn’t necessarily a problem, unless the bank suddenly needs to sell the securities. Because market interest rates have moved so much higher, those securities are suddenly worth less on the open market than they are valued at on the bank’s books. As a result, they could only be sold at a loss.

Many of the bank’s deposits are sizable enough that they don’t carry Federal Deposit Insurance Corp. protection. SVB said it estimates that at the end of 2022 the amount of deposits in its U.S. offices that exceed the FDIC insurance limit was $151.5 billion.

Before it disappears, let’s have a look at their home page:

Certainly nobody can accuse them of failure to represent a diversity of hairstyles.

What can you do to protect yourself in case some other banks were overconfident regarding our current rulers and their Borrow-and-Spend-Like-Drug-Dealers economic policy? Move money that is in cash into mutual funds or common stocks. The bank is just a custodian for these assets and if the bank fails you’re still a shareholder at the same level. If you must have cash of more than $250,000, spread it among multiple banks.

Let’s dig a little deeper into this failed bank. It seems that they too might have built a culture of equity by underpaying a group of employees unified by a gender ID:

They were experts on “sustainable finance” whose own enterprise just happened not to be sustainable.


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Apple celebrates Women’s History Month

How are readers celebrating Women’s History Month? We walked by the Apple Store in Palm Beach Gardens, Florida and found that they were celebrating “female creators”:

In other words, they’re celebrating the women who created the Apple II, the Macintosh, MacOS (and underlying Unix/Mach), the iPhone, iOS, Objective-C, the Swift language, etc.

How long before all of the above are attributed to nerds identifying as “female”? In Digital Apollo MIT Press, 2011), Margaret Hamilton is credited as a source, but is not described as having written any of the code. The credited engineers and programmers are Eldon Hall (chose to use integrated circuits), “Hal Laning, a mathematician and control engineer,” (the calculations, the operating system), David Hoag (gimbals/gyros and calculations upstream from them), David Hanley (Apollo Guidance Computer design with Ray Alonso, Hugh Blair-Smith (who also built the assembly language), and Albert Hopkins), Joe Shea (systems engineering), Dick Battin (lead software engineer), Jim Nevins (user interface), Tom Sheridan (user interface), Bill Tindall (system engineering, code review), Howard Sherman (user interface), Floyd Bennett (flight mechanics for the lunar landing), Allan Klumpp (lander software), Don Eyles (lander software), Donald Cheatham (lander software algorithms), Hubert Drake, Donald Bellman, and Gene Matranga (lunar lander simulator),

The book does credit women specifically for manufacturing core memory (invented by Jayla Forrester for the female-designed Whirlwind I):

Raytheon did the manufacturing in its plant in Waltham, Massachusetts. The town had a history of precision machining (the Waltham Watch Company was nearby), and drew on an industrial community familiar with weaving and textile manufacturing: ‘‘we have to build, essentially, a weaving machine,’’ Raytheon manager Ralph Ragan told the press.30 Raytheon assigned the work to older, female workers. Engineers nicknamed them ‘‘little old ladies,’’ and actually referred to them as ‘‘LOLs.’’ Core rope weaving was a specialized skill, and Raytheon paid the women to sit around and do nothing if the software ran late, so they would not be called to other projects that would degrade their currency.

Within four years of the book’s publication, history had been revised so that a late-to-the-project female-identifying individual had built all of the software. From “Photo celebrates unsung NASA software engineer Margaret Hamilton” (Caroline Seide, 2015):

The article goes on to point out “It’s not an exaggeration to say that Hamilton was directly responsible for some of NASA’s most impressive achievements.”

For those who are concerned that Florida does not keep pace with national progressive trends, a recent email from the local MIT Club:

They don’t explain their rationale for age discrimination. Why is the achievement of a “young female coder” to be celebrated while the achievement of an “old female coder” can be ignored? Nor do they explain their rationale for ignoring the achievements of young coders who identify with the other 72 non-male gender IDs that are recognized by physicians.

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ChatGPT and Women’s History Month

The conventional words of a male who hogs an unearned position of power (lockdown governor) that rightfully belongs to a female:

A story of redemption from ChatGPT, from the following prompt:

Write a story about how Governor Phil Murphy, to prove his bona fides as a feminist, resigned from his position so that the job could be taken over by a woman.

Governor Phil Murphy was a man who prided himself on being a feminist. He had campaigned on a platform of gender equality, and he was determined to live up to his promises.

One day, as he was sitting in his office, he had a sudden realization. He was the governor of New Jersey, one of the most powerful positions in the state, and yet he was a man. How could he truly call himself a feminist if he was occupying a position that should rightfully belong to a woman?

The more he thought about it, the more convinced he became that he needed to take action. He needed to prove his bona fides as a feminist, and the only way to do that was to resign from his position so that it could be taken over by a woman.

Governor Murphy knew that his decision would be controversial, but he was determined to see it through. He called a press conference and made the announcement.

“As a feminist, I believe that women should have equal access to positions of power and influence. And yet, here I am, a man, occupying one of the most powerful positions in the state. I cannot in good conscience continue to hold this position knowing that a woman could be doing it instead. Therefore, I am resigning from my position as governor, effective immediately,” Governor Murphy announced.

The room erupted in stunned silence. Reporters were scrambling to ask questions, and the phones of the governor’s office were ringing off the hook. Governor Murphy was making history, but at what cost?

In the days that followed, the governor’s decision was the subject of intense debate. Some praised him for his commitment to feminism and gender equality, while others criticized him for giving up his position of power.

However, Governor Murphy remained steadfast in his decision. He met with his cabinet and offered his support to the lieutenant governor, a woman, who would be taking over as the new governor of New Jersey.

In the end, Governor Murphy’s decision had a profound impact. It sparked a national conversation about gender equality and the role of men in promoting it. It also inspired other men in positions of power to examine their own biases and consider how they could do more to support women in their careers.

Governor Murphy went on to become a leading advocate for gender equality and continued to work tirelessly to promote women’s rights throughout his life. His decision to resign from his position as governor would go down in history as a bold and courageous act of feminism, and a testament to his unwavering commitment to gender equality.


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Purim Drag Story Hour at the Boston Jewish Community Center

Happy Purim to readers who practice Jewcraft. If you’re in Maskachusetts, you might wish to attend the Boston Jewish Community Center’s Purim Drag Story Hour, organized with the PJ Library, a free book-of-the-month-club for children (heavy on stories about women achieving the unthinkable by doing something that dozens if not thousands of men previously did).

What actually happens?

Join the JCC and OUT MetroWest to celebrate the joy of Purim with a Drag Story Hour! Grab a costume and enjoy Purim-themed stories, crafts, and, of course, Hamentaschen! Introduce kids to glamorous, bold, and unabashedly queer role models, while sharing love and acceptance through storytelling.

If we hadn’t moved to Florida, I would be there. I would dress up as Queen Esther every day in exchange for a plate of poppy seed hamantaschen (note that the “queer role models” may not be role models for conventional transliteration because they’ve spelled “Haman” with an “e”) . My motto: Don’t stop eating them until you test positive for opioid abuse! (thus combining the ancient Hebrew tradition with the modern American one)

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The hate-filled anti-hate folks in Maskachusetts

Shortly after landing in Maskachusetts last month, I posted the following on the Book of Face:

Note that I said nothing about the photo other than that it was taken at Boston’s Logan Airport in early January. Any inferences about the photo or the individual would therefore have to come from the minds of commenters. Here are some of the exchanges with the righteous:

  • anti-hater: Did you ask to take, and then (publicly?!) post, this person’s photo? Since they would be recognizable from this image, I feel very uncomfortable about this post. I’m also wondering what else you are “communicating” by posting this particular photo.
  • me: Thanks for the welcome! In keeping with its reputation as an artistic backwater, Boston does not have a rich tradition of street photography, which is more associated with New York (Helen Levitt; Garry Winogrand), Chicago (Vivian Maier) and Paris (the pioneers, such as Atget). However, the smartphone has democratized this genre and asking permission from each subject isn’t conventional.
  • (anti-hater): interesting. So you’re an aspiring street photographer, and this image is an artistic expression that you feel doesn’t merit consent? Would it be fine for someone to take a picture of your children and post publicly when their interpretive intent seems to be weaponization of an apparent part of your kids’ appearance or other aspect of their identity? C’mon, please entertain embracing more human kindness and general consideration of others than all of this suggests. Especially now that you’ve returned north.
  • me: also, if a photo makes you uncomfortable then it might be art: “Art Should Comfort the Disturbed and Disturb the Comfortable” (various attributions; Cesar A. Cruz is a common one)
  • (anti-hater): sure, but I wonder how comfortable this particular person might be if Philip is outing them in some way they are unaware of. Also, my sense is this post is to poke fun of — not honor or celebrate — freedom of expression. I might be wrong, I hope I’m wrong, but I don’t think I am.
  • (Trump-hating, Biden-loving Manhattan immigration profiteer weighing in): I call bullshit. You took and posted this photo for one reason: to make fun. If this is your art, I’d say it needs work.
  • (Pennsylvania Deplorable): You have yourself a complete makeover! The new you has returned to Boston! Impressive.
  • (anti-hater): ✨ Allyship and advocacy ✨ for the lgbtq+ community (anonymous or otherwise) matters, in more life-significant ways than I gather many of the folks commenting here might be aware.
    Please, embrace learning:
    Since I have reason to strongly question Philip’s “artistic intent,” below are Philip’s public blog-thoughts on a recent local MA Pride event — and I’ll add, the town’s inaugural Pride celebration, initiated and organized by its middle schoolers ( 🌈 Amazing, right!?! 🏳️‍⚧️ )…/official-lincoln…/ [a pro-2SLGBTQQIA+ post, in my opinion!]
    !! Importantly for contextualizing my concern about the initial photo on thjs post: “LGBTQ youth are not inherently prone to suicide risk because of their sexual orientation or gender identity but rather placed at higher risk because of how they are mistreated and stigmatized in society.”
  • (Florida pilot, formerly of the Boston suburbs): This is a nice gentle reminder of why I relocated.

To the extent that any negative inferences were made about the photo or individual by the anti-haters, doesn’t that show that they, in fact, are intolerant of the lifestyle that they imagine this individual to be leading?

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Man admits that women are better, but nonetheless clings to power

Here’s a tweet from the boss of the United Nations, under whose aegis the World Health Organization was able to stop COVID-19 from becoming a serious problem for humanity:

António Guterres says that the world cannot be peaceful unless humans who identify as “women” are the leaders. My modest proposal:

If female leadership is essential to world peace, why not resign and give your job to someone who identifies as a “woman”?

Why won’t this guy quit?

(Separately, Jacinda Ardern, who ran the island fortress (against COVID) of New Zealand, recently had a child and quit, like 40 percent of female-identifying physicians in the U.S.. How is the world going to be peaceful if the number of female-identifying leaders is actually going down?)

Here’s a screen shot in case the original falls into a memory hole:

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National WASP WWII Museum

As we remember Pearl Harbor today, I will share some photos from a recent visit to the National WASP WWII Museum in Sweetwater, Texas. I learned that just over 1,800 women who’d already earned at least Private certificates were invited to train as Women Airforce Service Pilots (closer to 1,000 completed the program). The museum does a good job of walking visitors through the progression of training to fly military aircraft.

I knew that WASPs had ferried new aircraft from the factory to military bases, but I didn’t realize that they’d also towed targets for live fire practice (video interview). Remarkably, none of the women were killed during this activity.

Some details on the admissions and training processes:

Note that an interview with Florida-native superstar pilot Jacqueline Cochran was required.

The museum preserves some of the trainer aircraft (airworthy, apparently; note the oil drip pans) and shows off the skeleton of a “Bamboo Bomber”:

There are some poignant stories and memorials regarding each of the 38 WASPs who died during the two years that the program existed. No WASP was ever in combat, but there was plenty of potential for a mechanical problem in an airplane made without CNC machine tools. There was no moving map, no GPS, no NEXRAD for weather, etc.

WASPs were civilians, though Jimmy Carter retroactively made them military personnel (on the one hand, their job was nowhere near as dangerous as being a combat pilot and they never had to deploy overseas; on the other hand, their job entailed far more danger than that faced by millions of military men, e.g., those who worked stateside at desks). The museum highlights later female-identifying military pilots. The sign below makes it sound like an F-14 crash was the plane’s fault (after mismanaging an approach, Kara Hultgreen stomped on the rudder like a student pilot, which killed one engine, and then failed to manage the single-engine go-around).

The sign below about Colleen Cain caused me to search for more. She and two fellow crewmembers died going out at night into horrific weather to try to save seven sailors on a fishing boat. They had trouble with navigation, plainly, and ended up hitting terrain. They would all likely still be alive today given GPS and moving terrain maps. It is tough to understand how people can be brave enough to fly helicopters for the Coast Guard. A core part of their job is going out into weather bad enough to sink ships.


The museum’s conference room featured incredibly comfortable “sled” chairs that allowed a slight recline and had sufficient cushioning. It looks like they are Office Master OM5 stacker chairs. I am tempted to order some for kitchen table use!

Admission is free, but donations are welcome.

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Is the rainbow flag the mezuzah for Democrats?

I hope that everyone has plans in place for Trans Awareness Month, which starts today. We recently went through JFK Terminal 5, which appears on casual inspection to be free of 2SLGBTQQIA+ messaging, but our 7-year-old noticed a much-too-small-for-the-building rainbow flag up high in a corner:

There was no explanation for the flag’s presence and, given its mounting point 10′ above any practical signage, most passengers probably wouldn’t have noticed it. But the flag kept the $550 million (pre-Biden; completed in 2008) building from being in an unsanctified state. I’m think that the rainbow flag might be the mezuzah for Democrats.

Loosely related….

If we click through on the above, we learn

This flag combines 40 different flags from LGBTQIA+ communities around the world, including: Abrosexual, Aceflux, Agender, Ambiamorous, Androgynous, Aroace, Aroflux, Aromantic, Asexual, Bigender, Bisexual, Demifluid, Demigender, Demigirl, Demiromantic, Demisexual, Gay/MLM/Vinician, Genderfluid, Genderflux, Genderqueer, Gender questioning, Graysexual, Intersex, Lesbian, Maverique, Neutrois, Nonbinary, Omnisexual, Pangender, Pansexual, Polyamorous, Polysexual, Transgender, Trigender, Two Spirit, Progress Pride, Queer, Unlabeled.

This leads to the question of how “Unlabeled” people can form a “community”. The Unlabeled will label themselves Unlabeled to join the Unlabeled Community? Don’t they then become Labeled due to the Unlabeled label?

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Math for Democrats: 30 is less than 19

“Young Aviation Record-Setters Share Secrets to Success at 2022 NBAA-BACE” (, today):

Barrington Irving, founder and CEO of Flying Classroom, moved with his family from Jamaica to the U.S. and grew up in a rough neighborhood in Miami. In 2010, at age 23, he became the youngest and first African-American to fly solo around the world.

Shaesta Waiz, founder and president of Dreams Soar, came to the United States from Afghanistan with her family and quickly became fascinated with aviation. In 2017 that drove her, at age 30, to become the youngest single-engine pilot at the time to circumnavigate the globe solo.

Unless Mr. Irving had a multi-engine airplane, which a Google search reveals is false (he flew a Columbia/Cessna 400), we are forced to conclude that 30 is less than 23. Folks who remember Matt Guthmiller’s 2014 flight are forced to conclude that 30 is less than 19. (The current record-holder was just 17 years old at the time (August 2022).)

Here’s a problematic paragraph:

“To be honest, I did not resonate with Amelia Earhart,” Waiz said. “Yes, she’s a woman. But she had such a different background than me. When I read Barrington’s story and how he kind of grew up in the ghetto of Miami – a similar background to how I grew up – and I saw that he did it, that was my proof that I could do it, too.”

I hope that she was not saying “I figured that if a Black person could do it then it must be pretty easy”!

In case the article is memory-holed:

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Gender Care Day at the Adolescent Medicine Clinic

I hope that everyone has been having a good LGBT History Month so far.

Here’s a tale from a medical student learning Science. There may be a correlation between concern regarding COVID-19 and concern regarding gender ID:

There seems to be a correlation among siblings:

We still love Prozac and similar (SSRIs):

Here’s a screen capture in case this is memory-holed:

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