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It will be entertaining to hear the Congressional Testimony of the FDIC, Yellen & Powell explain exactly where all these BILLIONS of Dollars are coming from.
They have to create BILLIONS out of thin air to cover the Woke Banks that cashed out before the Crash of the Gamblers. Top Executives at SVB Cashed out early AND the Employees got their Mega Bonuses right before the CRASH.
NEVER forget ….. “ This is NOT a Bailout”, BUT all the Gamblers get their deposits.
Bail out corporations, no one bats an eye.
Bail out students, everyone loses their minds.
I would prefer neither are bailed out. Folks who borrow money are expected to pay their money back with interest, as they should. We have too many people going to college anyways. The market is quite saturated.
Biden's America: Very likely bailout of every penny of Silicon Valley billionaires lost through their investments at "Silicon Valley Bank" and food lines that are miles long where people sit in their trucks in the cold with oxygen tanks for some bread.
The billionaires lost maybe .01% of their fortune at they get a bailout and then there people are waiting hours for a loaf of bread in the cold with oxygen.
Did you bother watching the video that you posted? Kentucky decided to cut these SNAP benefits in these states. I don’t agree with this bailout, but to tie in Biden with Kentucky cutting SNAP benefits is ridiculous. This is a measure that republicans are applauding btw.
Looks like Janet Yellen changed her mind just hours after saying "no, bailouts"
There are videos of people waiting for hours for cereal and bread to deal with Joe Biden's hyper-inflation caused by Joe Biden's near-zero interest policy and money printing, but the government is looking into safeguarding every penny for Billionaires who invested massive amounts at Silicon Valley Bank.
To every small-business owner that is struggling no bailout for you from Biden's government, but Silicon Valley Billionaires will have every penny of their investments safeguarded.
Haha, what Janet Yellen did a complete 180 degree turn and now they are considering full bail-outs for Silicon Valley billionaires
The Treasury Department and Federal Reserve are considering safeguarding every single penny invested at Silicon Valley Bank.
As soon as they figured out that leftists run this bank, their minds were changed .
Not just that Leftist run the bank - it’s who they Lended to.
Solar, Greeny everything.
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