So, you're ok with the Biden administration taking tens of billions of your tax dollars to bail out billionaires like Oprah and billion dollar businesses like Roku?Trumprules » 14 Mar 2023, 10:58 am » wrote: ↑ Biden has it all handled. It won't go any further. Now if Trump was president we would of had a run on banks.
Trumprules » 14 Mar 2023, 10:58 am » wrote: ↑ Biden has it all handled. It won't go any further. Now if Trump was president we would of had a run on banks.
Agreed!Skans » 14 Mar 2023, 10:56 am » wrote: ↑ Just let the damn bank fail. No one gets hurt except for the people who invested in the bank. Any bank officer who couldn't foresee the Fed raising rates is stupider than Joe Biden.
Hey stupid!Trumprules » 14 Mar 2023, 11:08 am » wrote: ↑ Stock market is up 400 point regional banks are gaining ground as the CPI came in as expected.
Doesnt fit your doom and gloom.
Link?

Vegas » 14 Mar 2023, 9:46 am » wrote: ↑ Two banks have failed so far. Usually, the bank CEOs and the government wait until Fridays to announce these things, because they are unscrupulous scumbags.
I don't know, but I am not going to say this Friday. However, I feel in the Fridays following, it will have begun. Economist and billionaires have been saying that this would be coming for the past 2 years.
roadkill » 14 Mar 2023, 11:18 am » wrote: ↑ Publicly traded companies do the same thing if the news is bad...they wait until late Friday to report news that investors won't like.
Vegas » 14 Mar 2023, 11:21 am » wrote: ↑ Why wait until Monday to stress us out when they can stress out through the weekend also.
Rich individuals don't put that kind of money in savings accounts in little **** banks. And, even if they did, they would spread it out among lots of little **** banks. Still, some larger corporations could run way more than $250K through an operating account. They may need some kind of private insurance to insure amounts over $250K.Zeets2 » 14 Mar 2023, 11:08 am » wrote: ↑ Agreed!
And the only customers who get hurt would be the ones who had over $250K on deposit with them! In other words, all millionaires and billionaires! That means people struggling to survive with Biden's inflation already would watch as it continues to get worse so billionaires can continue donating to Democrats!
Trumprules » 14 Mar 2023, 1:26 pm » wrote: ↑ Everything is just fine. Did right wing news tell you we were headed into a great depression over this. I'm sure they got you all excited over nothing again. That's what they do.
Government is the problem, when you approach $1 Trillion dollars in interest payments, you might be insolvent.Zeets2 » 14 Mar 2023, 10:54 am » wrote: ↑ No, it will go through.
Once again we'll have struggling taxpayers bailing out billionaire depositors like Oprah (lost half a billion) and Roku (lost $487 million) because THEY CONTRIBUTE THE BIGGEST AMOUNT IN DONATIONS TO DEMOCRATS! They WILL NOT let them bear the responsibility they deserve!
And the result will be another HUGE round of inflation, an economy that will be thrown into a deep recession causing even MORE banks to fail, and they'll be given even more bailouts!
Is there anyone who doesn't realize how this works by now?
The responsibility has to be blamed at least in part by the fed. Why doesn't the FDIC see what risky investments these banks take, and provide them with limits on how much they are permitted to risk in order to continue being insured by them? Wouldn't a private insurance company refuse to insure a car with no brakes, or a home built on a swamp? The fed allows them to take unreasonable risks because they WANT them buying up their bonds so they can continue their wild spending, as Biden has shown us for the past 2+ years!
It sounds like Oprah could stand to lose over half a billion if the fed doesn't bail out SVP depositors, but it doesn't indicate if that's due to personal or business losses. So far, she the only individual I've heard that was dumb enough to put so much into one bank.Skans » 14 Mar 2023, 1:21 pm » wrote: ↑ Rich individuals don't put that kind of money in savings accounts in little **** banks. And, even if they did, they would spread it out among lots of little **** banks. Still, some larger corporations could run way more than $250K through an operating account. They may need some kind of private insurance to insure amounts over $250K.
Sounds like an investment, as in she bought stock in this bank. Might even sit on the Board. No one puts half a billion dollars in a **** little bank. But, then again, I never thought Oprah was much smarter than Joe Biden.Zeets2 » 14 Mar 2023, 3:16 pm » wrote: ↑ It sounds like Oprah could stand to lose over half a billion if the fed doesn't bail out SVP depositors, but it doesn't indicate if that's due to personal or business losses. So far, she the only individual I've heard that was dumb enough to put so much into one bank.
No. I am not glad the senile pedo is in charge.Trumprules » 14 Mar 2023, 3:21 pm » wrote: ↑ Regional banks rebounded from strong action from the Biden administration. Are you glad we didn't have a run and hank failures like under Bush in 2008. I am glad Biden fixed this and Trump isn't president. Aren't you?
Trumprules » 14 Mar 2023, 3:27 pm » wrote: ↑ After the Biden adm. Swift actions we don't have a run on the banks like under bush's republican adm. Aren't you glad biden Is a strong leader? Mister BDS man?
Trumprules » 14 Mar 2023, 3:31 pm » wrote: ↑ Damn you are dumb. Banks are fine. Regional banks all were up today. After swift action by Biden. Trump deregulation problem solved by Biden in a few hours. Aren't you glad? I can see you are miffed that the economy didn't fail like under Bush Republicans.
Trumprules » 14 Mar 2023, 3:41 pm » wrote: ↑ So Vegas Americans are not suffering like you had hoped for bidens got this.
Trumprules » 14 Mar 2023, 4:00 pm » wrote: ↑ that's not going to save you from your BDS cock sucker.