“The topic for today’s meeting is: How do we exploit this crisis, and how do we blame it on Trump?”
Everything green now. The order has gone out: “no losses”
"I've just pissed in my pants and nobody can do anything about it." -- Major Fambrough, Dances With Wolves
Biden ... promised SVB customers would be 'made whole' and that 'no losses will be borne by the taxpayer.'
Customers made whole? Sounds like a bailout, but how? With whose money? Rainbow Skittles?
'Americans can have confidence that the banking system is safe,' the president told a press conference. But he warned that those who backed the failed bank 'knowingly took a risk and when the risk didn't pay off, investors lose their money. That's how capitalism works.'
So banks are really not so 'safe' if people are losing their money, are they?
Biden spouts stupid meaningless boilerplate, insulting our intelligence, and everyone knows it. He thinks he's "calming down the masses" but he's really making an even bigger fool of himself.
Sheesh..... Demeneted Unca Joe’s underpants aren’t even ‘safe’ from his constant sharts. How can he stand up there and say he knows the banks are safe. Go change your drawers, Skidmark.
When Biden talks….people panic.
perhaps someone needs to establish an “Inverse Biden Tracking ETF” like was done for Jim Cramer and Cathie Wood ...
Whatever happened to winners and losers and risk management? Let those who failed fail, instead of arbitrarily propping them up. Those startups with good business plans and diversified banking can survive, those with good business plans and poor banking diversification can go back to their venture capitalists and plead for more funding, and they’d get it because they have a good model. Those with shitty business models should’ve been allowed to fail, instead we’ve artificially propped them up by bailing out SVB so that the champagne can continue in the Democratic Party donor tech world.
After years of fraud and abuse at the FBI, DOJ, FISA, DHS and other branches of the FedGov, I don’t trust anything coming from them - or the media to properly investigate what’s really going on.
Yeah the banking industry is as safe as his daughter in the shower..notice he blamed Trump..gee what else is knew..lets have ourselves a good think shall we..how many banks failed under Donald Trump..oh I know I know..ZERO..how many failed under rapist Joe Biden, oh I know I know..TWO SO FAR
So much for Brandon’s Wile E. Coyote plan to collapse the Ruble.
He also reassured us that the Afghan national troops would hold the line against the Taliban, and that the US embassy would not have a Saigon-like rooftop evacuation, and he would not leave Americans or Afghan allies behind. Whatever reassurance he gives about anything is bunko.