Federal Reserve announces that ALL depositors at Silicon Valley Bank will be protected as another bank - Signature Bank - closes, and an auction is held for SVB's assets

Daily Mail ^ | March 12, 2023 | Harriet Alexander

[Widget Jr]

That’s easy. The Federal Reserve will increase the national deficit and debt on its own and lie about it.

[Angelino97]

I guess it's ok to just let the govt do whatever, as long as it is OUR side calling the shots.

I'm beginning to feel that way too.

I've heard some on the right suggest that we are at "the looting stage" of civilization.

I take this to mean that at a certain point, civilization has declined so far, the corruption is so deep, the stealing so widespread, there's no turning back. To follow a "rule of law" that no longer exists, or abide by "principles" which the majority tramples upon, is to engage in unilateral disarmament. It's time to press every advantage, principles be damned.

I'm talking about political principles being discarded, not Christian morality. The former are ephemeral, the latter eternal.

[Widget Jr]

Bookmarked. True and well said. The loss of faith in our country and what America means is really hurting us all now.

[TTFX]

“the looting stage” of civilization

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Another name for big government and socialism.

[Angelino97]

Another name for big government and socialism.

Not just big government or socialism. But the stage at which a majority of the people are no longer concerned with the rule of law. A people who have devolved into competing tribes and factions, fighting over the spoils, no longer bound by morals or principles or common heritage. A nation of aliens sharing the same space, but feeling no obligation to each other.