Have No Fear America, Helicopter Cash Treasury Secretary Janet Yellen is closely monitoring the situation...@@
How many times will American taxpayers have to bail out irresponsible neo-liberal globalists before we finally tell them to "suck it up" and" cover their own damn losses"? I say, "No more"! Let the chips fall where they fall. But that's not what's going to happen. Inflation? You ain't seen NOTHIN' yet!
22 comments:
Biden unlikely to bail out Silicon Valley Bank... Janet Yellen [said] “We’re not going to do that again"... referring to the bank bailouts of the 2000s.
lol! And yet they have...
She lied.
No.
Yes.
Janet Yellen did not lie.
"The FDIC is not supported by public funds; member banks' insurance dues are its primary source of funding. When dues and the proceeds of bank liquidations are insufficient, it can borrow from the federal government, or issue debt through the Federal Financing Bank on terms that the bank decides".
Bank not bailed out. Depositors covered by FDIC insurance. Minus and Mystere lie.
The Angel Investors had extra FDIC insurance over $250k? Who knew?
President Joe Biden: "Investors in the banks will not be protected. They knowingly took a risk, and when the risk didn't pay off, investors lose their money. That's how capitalism works".
btw, Silicon Valley Bank's failure is the direct result of a Trump-era bank regulation policy. ...Sen. Bernie Sanders [said] "Let's be clear. The failure ... is a direct result of an absurd 2018 bank deregulation bill signed by Donald Trump that I strongly opposed".
lol! That's also EXACTLY how countries like Venezuela nationalize industries. The US just nationalized the banking industry.
We're ALL socialists now...
@@
"Shove it all on Trump" is Dems motto. ;-P
Isn't Trump is just that gift that keep giving. :-)))
So... why Dem's would not allow/help him to became Prez one more time? :-))))
Lying old yeller passes JoeJoe's stinkbomb of lies
๐บ๐บFarting Dervish's latest whopper๐บ๐บ
Indeed FJ. Indeed.
LIAR LIAR PANTS ON FIRE ๐๐๐๐๐๐๐๐๐๐
๐บ๐บAHA! Blame Trump remark!๐บ๐บ
The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist) March 11, 2023 at 10:47 AM
"Fake news! Right wing tRumpturd propaganda in its worst form."
The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist) March 11, 2023 at 1:42 PM
"I did not comment. Mystere wrote "Fake news! Right wing tRumpturd propaganda in its worst form". Apparently it gives Mystere a thrill to fool people in this manner. Even people he considers allies."
๐บHA! You just got caught, Dervish!๐บ
Your Trump Derangement Syndrome is getting worse. Your Bernie worship is killing you. Which rattlesnake at your snake mosque is named after Bernie Sanders? Is it the diamondback?
The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist) March 11, 2023 at 10:47 AM
"Fake news! Right wing tRumpturd propaganda in its worst form."
The Honorable, Esteemed And Distinguished Judge Dervish Sanders (A High IQ Bourgeois Elitist) March 11, 2023 at 1:42 PM
"I did not comment. Mystere wrote "Fake news! Right wing tRumpturd propaganda in its worst form". Apparently it gives Mystere a thrill to fool people in this manner. Even people he considers allies."
Dervish contradicts his previous retorts.
"Blame Biden for all problems caused by tRump" is the republican motto.
Yep.
Because that is working class motto "blame Nasty Fatty Burguise for everything". ;-P
As Dem-partym that is party of big fatty nasty burgiouse. ;-P
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