Republicans Encouraged SVB Failure - Blame it on 'WOKENESS!' James Comer substituted leadership and policy acumen for the expected deflection and blamed the bank's collapse on being WOKE (whatever that means). The fact remains that Republicans and their irresponsible lack of leadership related to deregulating the financial sector of our economy have led to this. In fact, many predicted this would happen when Trump and his Republican congress rolled back banking regulations in 2018.
You always seemed to be worried about my hard asset..sorry Moo fat smelly Truckers are your bag bitch...
If you had the smarts to read your Business Insider post you'd find it agreed with my first post in this thread.
With Trump/Powell push toward zero interest caused a glut in unprofitable low interest loans, this move was push by Trump a failed Businessman who's bankrupt everything he got his grubby little hands on....
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-------------- History is no more than the lies agreed upon by the victors.
Republicans and Fox CAUGHT in most DANGEROUS move yet Fox News and MAGA Republicans are actively cheering for American Banks to fail as they fear monger Americans into pulling cash out of US Banks.
Soon they'll be saying they have to bail them out because otherwise it will hurt the middle class pensions. Who cares, they invested that money, and it was a bad investment.
If we bail out banks again they should be nationalized.
-------------- The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!