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Joe Biden: Thanks to My Administration ‘the Banking System is Safe’
American Greatness ^
| 13 Mar, 2023
| Debra Heine
Posted on 03/14/2023 5:05:47 AM PDT by MtnClimber
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To: MtnClimber
Of course Joe blames this on Trump.
2
posted on
03/14/2023 5:05:59 AM PDT
by
MtnClimber
(For photos of Colorado scenery and wildlife, click on my screen name for my FR home page.)
To: MtnClimber
uh huh, The Trump thing doesn’t work anymore Joey. You have been doing all the bumbling for well over two years now. You got rid of Trump’s policies and you just happened to miss one?
3
posted on
03/14/2023 5:11:18 AM PDT
by
dforest
(All of America has derailed.)
To: MtnClimber
So which is it Slow Joe,... is it Trumps fault they are so bad? Or your fault they are so good?
4
posted on
03/14/2023 5:11:29 AM PDT
by
Mr. K
(No consequence of repealing Obamacare is worse than Obamacare)
To: MtnClimber
Bidens Billionaire Bailout, what a frikkin joke. FU Brandon, NOBODY at this bank deserves anything but a LOSS for their stupidity and greed.,
5
posted on
03/14/2023 5:15:48 AM PDT
by
eyeamok
(founded in cynicism, wrapped in sarcasm)
To: MtnClimber
This is truly one of the most delusional people on the planet.
To: MtnClimber
“No losses will be borne by the taxpayers,” he said. “Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.”Sometimes, I honestly can't decide whether Dementia Joe is just incredibly stupid, or just the biggest liar on the face of the earth.
I guess it's possible, and actually quite likely, that he is both in equal measure.
7
posted on
03/14/2023 5:19:06 AM PDT
by
Sicon
("All animals are equal, but some animals are more equal than others." - G. Orwell)
To: MtnClimber
I’m sure Hunter could just sell a few paintings and bail out the whole banking system.
To: MtnClimber
Oh crap …. If pedojoe says it’s safe ….. Katie BAR THE DOOR
9
posted on
03/14/2023 5:20:40 AM PDT
by
no-to-illegals
(The enemy has US surrounded. May God have mercy on them.)
To: Sicon
Here’s a crazy idea: how about the cost is borne by the incompetent morons who mismanaged their customer’s funds? I’m sure at least some of the bank’s employees have some very nice properties and other assets that could be liquidated.
10
posted on
03/14/2023 5:21:13 AM PDT
by
Sicon
("All animals are equal, but some animals are more equal than others." - G. Orwell)
To: MtnClimber
So Joe is going to ignore the hand he played in the demise of these two banks. Surprise -- not. He (or more importantly, his handlers) do not recognize the Law Of Unintended Consequences.
Just as his urge to "tax the corporations" will cause an upward shove in consumer prices if and when it's enacted.
11
posted on
03/14/2023 5:22:48 AM PDT
by
asinclair
(What doesn't kill you makes you stronger)
To: MtnClimber
I wonder if he even realizes what he did? He set a new precedent by making SVB depositors 100% whole, overriding the 250k insurance limit.
He said the funds would come from the FDIC insurance pool, which would normally cover just 250k per depositor.
Let the good times roll!
12
posted on
03/14/2023 5:22:59 AM PDT
by
CodeJockey
("The duty of a true Patriot is to protect his country from its government.” –Thomas Paine)
To: MtnClimber
The problem was and is banks invested long term in absurdly low interest income bonds.
To: CodeJockey
Only payroll debits should be covered on over limit accounts.
To: MtnClimber
Your money is as secure as the USA’s border!
The efforts to shore up the banking system will be as effective as the Covid “vaccine”.
Hunter is honest and trustworthy.
Men are women!
15
posted on
03/14/2023 5:25:17 AM PDT
by
Jewbacca
(The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
To: Brian Griffin
Yes but with near zero interest rates for the past decade and inflation on the horizon even Stevie Wonder could have seen this coming. And he’s not a banking expert.
16
posted on
03/14/2023 5:25:40 AM PDT
by
CodeJockey
("The duty of a true Patriot is to protect his country from its government.” –Thomas Paine)
To: Sicon
FDIC fees are probably absurdly low.
To: MtnClimber
Chauncey Gardner always wants to take credit.
18
posted on
03/14/2023 5:26:55 AM PDT
by
HereInTheHeartland
(Have you seen Joe Biden's picture on a milk carton?)
To: CodeJockey
In fairness, only really rich elite democrat donors and the Chinese are getting bailed out by the USA taxpayer.
It’s not like the exception will apply to just everyone!
19
posted on
03/14/2023 5:27:09 AM PDT
by
Jewbacca
(The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
To: MtnClimber
Chinese depositors >$250K at SVB?
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