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Keyword: cronypayoff

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  • Dick Morris to Newsmax: SVB Bailout, a 'Crony Payoff'

    03/16/2023 3:11:02 AM PDT · by george76 · 6 replies
    Newsmax ^ | 13 March 2023 | Nick Koutsobinas
    the rush to rescue depositors of Silicon Valley Bank .., a bank directly associated with Silicon Valley, which he terms as the "Democratic stronghold of the world," is as big a "crony payoff as you possibly can have.".. the Silicon Valley Bank is enjoying a charmed life because it's in Silicon Valley," ... "It's the Democratic stronghold of the world. And 99% of their people are probably Democrats and depositors that raised hell they're all democratic donors, so this is as crony a payoff as you possibly can have." ... Morris's statement comes after Treasury Secretary Janet Yellen proclaimed .....