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Yea...and if you listen to the Youtube post I made from earlier today...listen to that Yellen gal trying to cover for the outflow of FDIC funds to the CCP!!! Hello?!!!
WHY DID THEY DETERMINE SVB HAD TO BE MADE “WHOLE?”
TO PAYOFF THE CHINESE INVESTORS? Are you all freaking kidding me you cannot put these dots together?
Lankford Spars with Yellen on Billionaire Bailout Paid for by Oklahoma Community Banks
Senator James Lankford ^ | 3/16/23
Posted on 3/16/2023, 3:36:21 PM by EBH
Listen very carefully to what he asks and what Yellen says starting at the 1:15 mark. He is asking if Oklahoma community banks will get the same special assessment to be made whole. Also worth listening to them spar about how some of the investors in SVB were the CCP!!! Did Joe Biden just backdoor payoff the CCP?
1:40 a bank only gets that treatment if a 1:44 majority of the FDIC board a super 1:48 majority is super majority of the FED 1:51 board and I in consultation with the 1:55 president determine that the failure to 1:59 protect uninsured depositors would 2:02 create systemic risk and significant 2:06 economic and financial consequence
(Excerpt) Read more at youtu.be ...
https://freerepublic.com/focus/f-chat/4138633/posts
4:14
it has been reported publicly that uh
4:18
svb had a large number of Chinese
4:21
investors that are there including some
4:23
that were companies directly connected
4:25
to the Chinese Communist Party
4:27
will those individual those individuals
4:30
companies entities and investors
4:33
that are Chinese investors be made whole
4:36
based on Assessments in my banks in
4:39
Oklahoma so what I’m asking is will my
4:42
banks in Oklahoma pay a special
4:44
assessment to be able to make Chinese
4:46
investors whole from Silicon Valley Bank
4:49
uninsured investors will be made whole
4:52
in that bank and I suppose that could
4:56
include foreign foreign depositors but I
5:00
don’t believe there’s any legal basis to
5:03
discriminate among uninsured I get it
5:05
but I’m just saying my Community Banks
5:08
are going to pay this additional fee it
5:10
is always fascinating to me as well the
5:12
conversation that taxpayers are being