Democratic Senators Want the Fed to Better Prepare Banks for Climate Change

Wall Street Journal ^ | November 21, 2019 | Michael S. Derby

[ProtectOurFreedom]

Are they going to require waterproof seals on the bank vaults? Can’t be too prepared for those rising sea levels.

[Deplorable American1776]

Climate Injustice? I believe it is when millionaires might lose their oceanfront mansions when the ocean rises... 😋

[catnipman]

“Affected firms would also be required to come up with plans for various climate-related contingencies, including fire and rising seawater.”

waterproof and fireproof money, right?

[mumblypeg]

“Climate change” is codespeak for confiscation.
It’s really about outlawing capitalism, private property, & upward mobility.
To aspire for any form of ease or comfort will soon be decreed as evil and banned for the masses.

[HangThemHigh]

"Democrats are onto something: lets shred all of our paper currency so we be carbon neutral."

I disagree. We will need the paper money to burn for warmth & light after the dims have outlawed oil & gas and crashed the economy.

But on second thought, shredded paper burns just as well, maybe better. Just be sure to keep it high & dry in the coming deluge. /s