Posted on 03/16/2023 9:19:12 AM PDT by bitt
SVB collapse an indictment against Biden brand of politics
Where do I go to get my free money?
Why must you and I and millions of other Americans who work for a living bail out the Beautiful People who foolishly stashed their cash in Silicon Valley Bank?
Wasn’t the deal that you had to keep your balance under $250,000 to be protected by FDIC insurance?
I guess that rule wasn’t in effect if you were woke, a member of a protected class or contributed enough to Democrat fat cats, or all of the above.
Here’s how America works now. If a Democrat fat cat makes an investment and it pays off, he or she reaps the profits and sends a 10% kickback to the Big Guy.
If the Biden bundlers lose their shirts, they forward the unpaid bills to the taxpayers and flee on their private jets to Aspen or Palm Beach for a long weekend.
Why aren’t Bernie Sanders and the fake Indian complaining about this kind of “corporate welfare” for the Politically Correct?
Overnight, SVB went from America’s wokest bank to its brokest bank. Funny how that works, isn’t it? Just ask Disney, or Bed Bath and Beyond.
What if instead of being named after Silicon Valley, it had been the Permian Basin Bank, after that part of West Texas full of oil and Republicans? Would the PBB have been given a gold-plated instantaneous multi-billion-dollar handout?
I repeat, where do I go to get my bailout? I’m neither a MS 13 illegal, a Ukrainian, a deadbeat hippie nor gender-fluid so I guess I’m bleep out of luck.
I am so weary of paying for everybody else’s handouts, not to mention their shiftlessness and irresponsible behavior, while all the grifters with their dirty paws out lecture me on my
(Excerpt) Read more at bostonherald.com ...
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Go Woke, Get Broke. Guess we now had a great example of that in action. A few times. LOL
SVB is a Woke and Politically Correct Social Engineering concern rather than one concentrating on sound business practices.
Rev. 6:1 –Then I saw the Lamb open one of the seven seals, and I heard one of the four living creatures say with a voice like thunder, “Come!” 2I looked, and there was a white horse. The horseman on it had a bow; a crown was given to him, and he went out as a victor to conquer (HCSB).
Exactly. How is this not illegal, for Fed Gov to bail out stupid and woke depositors such as Gavin Newsom whose money is there.
Our whole society is under that influence, as is most of the world.
The same failures will occur anywhere where the objective is a level ,diverse, inclusive playing field for hiring, not experience and excellence. Education, sports, entertainment, etc. you name... theyll all suffer the same fates.
there’s more to this story
<> WHAT CAUSED THE RUN?
<> WHO MADE THE WITHDRAWALS THAT REQUIRED LIQUIDATING MBS & USTN?
<> MIIT/BAIN? how were they involved with SVB
“The same failures will occur anywhere where the objective is a level ,diverse, inclusive playing field for hiring, not experience and excellence. Education, sports, entertainment, etc. you name... theyll all suffer the same fates”.
You are exactly right. I was thinking the same thing. We are in a dumbed down, mostly dysfunctional society and won’t be able to last long.
Many more have no actual skills than do have productive skills and things will fall apart. Etc., etc., etc.
I mean look at the Vice President... is there a more perfect example? She is literally an idiot that slept her way to the top of state level politics and pushed over the goal line to VP by her gender and color. If Biden drops dead-she our POTUS
Yes, she’s a very good example. Our enemies love her type.
Privatized profit, Socialized losses.
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