Subscribe
Notify of
guest

4 Comments
Most Voted
Newest Oldest
Inline Feedbacks
View all comments
Jim Veenbaas
Jim Veenbaas
1 year ago

The system is absolutely rigged in favour of the rich. We have socialized their losses and privatized their gains. Meanwhile, the mom and pop landscaping firm owed $50,000 by the bank, is screwed.

Yet, I get why Biden bailed out the bank.
If he doesn’t, depositors flee to the big four banks, causing even more failures. This absolutely has to be followed up with reform. I’m not holding my breath.

Jim Veenbaas
Jim Veenbaas
1 year ago

The system is absolutely rigged in favour of the rich. We have socialized their losses and privatized their gains. Meanwhile, the mom and pop landscaping firm owed $50,000 by the bank, is screwed.

Yet, I get why Biden bailed out the bank.
If he doesn’t, depositors flee to the big four banks, causing even more failures. This absolutely has to be followed up with reform. I’m not holding my breath.

J Bryant
J Bryant
1 year ago

The SVB bailout will only harm Biden if there is a general banking crisis in the next few months, and then it will be the wider crisis, not SVB, that bites Biden. Otherwise SVB will be buried by the msm and forgotten by most people by election time, much like the humiliating withdrawal from Afghanistan.

Elliott Bjorn
Elliott Bjorn
1 year ago
Reply to  J Bryant

To call it ‘forgotten by

is wrong – it will be erased from the historical records and replaced by endless streams of lies by the MSM and Social Media – and even the Education Industry.

in 2024 in the MSM Biden will be pictured as a 7 foot tall Abraham Lincoln figure saving the Banking Industry by his genius and courage wile Trump is off leering at hookers in the distance.

Elliott Bjorn
Elliott Bjorn
1 year ago
Reply to  J Bryant

To call it ‘forgotten by

is wrong – it will be erased from the historical records and replaced by endless streams of lies by the MSM and Social Media – and even the Education Industry.

in 2024 in the MSM Biden will be pictured as a 7 foot tall Abraham Lincoln figure saving the Banking Industry by his genius and courage wile Trump is off leering at hookers in the distance.

J Bryant
J Bryant
1 year ago

The SVB bailout will only harm Biden if there is a general banking crisis in the next few months, and then it will be the wider crisis, not SVB, that bites Biden. Otherwise SVB will be buried by the msm and forgotten by most people by election time, much like the humiliating withdrawal from Afghanistan.

joe hardy
joe hardy
1 year ago

The system is rigged? Interesting to note that the residents of East Palestine. Ohio have received no bailout from the government after a disastrous train derailment and environmental hazard.

joe hardy
joe hardy
1 year ago

The system is rigged? Interesting to note that the residents of East Palestine. Ohio have received no bailout from the government after a disastrous train derailment and environmental hazard.