Fake vaccine, there I fixed it for you.
Silicon Valley Bank
- Thread starter Babagounj
- Start date
The depositors not the shareholders and bond holders
Thebrownblob
Well-Known Member
Bailed out? Few Bailed in? Soon most of us would they take all your savings without asking.
From what I understand, American taxpayers haven’t spent a cent on this.
As losses mounted, Silicon Valley Bank doubled down on woke investments and left-wing rhetoric
Following the collapse of two major banks that were focused on social justice investments, American taxpayers may now foot the bill for bad financial decisions that could have been avoided.justthenews.com
oldngray
nowhere special
... yet
Brownslave688
You want a toe? I can get you a toe.
What crime was commited?
Over70irregs
Well-Known Member
Big banks Chase BoA WellsFargo cleaning up.
UnionStrong
Sorry, but I don’t care anymore.
Until the banks start passing the “fees” that the imbecile president mentioned, onto their customers. Last time I checked, they were taxpayers. Lol.
They’ve never passed on ATM fees.
Face it. The banking industry and capitalism (to a large extent) is a fraud we’ve been convinced is a necessity. Probably is but doesn’t mean we need to be raped for it.
oldngray
nowhere special
Silicon Valley Bank was on Forbes' America's Best Banks list for 2023
Silicon Valley Bank made Forbes's annual list of America's Best Banks less than a month before regulators seized control because it couldn't meet withdrawal demands.
Over70irregs
Well-Known Member
This is not a capitalistic economy. We live in a credit central bank economy. We cannot turn back. 50Trillion here we come.
UnionStrong
Sorry, but I don’t care anymore.
The pay fees for deposit insurance and other federal regulations. Face it, you will be paying more.They’ve never passed on ATM fees.
Face it. The banking industry and capitalism (to a large extent) is a fraud we’ve been convinced is a necessity. Probably is but doesn’t mean we need to be raped for it.
Paying more…and how is that different than anything else?
Thebrownblob
Well-Known Member
Why is the administration that claims they were going to tax the rich, bailing out the rich who had money in accounts, knowing full well it was not insured? Seems counterproductive when do people actually pay for their arrogance and irresponsibility?
Over70irregs
Well-Known Member
Big banks 10 Billion inflows in a few days. People begging them to take $. Centralization game theory. Big fish eat little fish.
Because every so often, elected officials decide banks shouldn’t have strict regulation.
But I don’t think you are accurately portraying what’s going on.
Thebrownblob
Well-Known Member
OK well then what is accurate? The Biden administration fully supports this. And if you don’t think they’re bailing out people who have millions even billions of dollars in some accounts at that bank look again even though everyone understands what the FDIC is supposed to insure. You say it’s not taxpayer money well then where the hell did it come from LOL the government doesn’t have anything but taxpayer money it’s all our money, and they constantly change the rules of the game as they go along. I don’t know any other type of entity that could get away with that.
UnionStrong
Sorry, but I don’t care anymore.
It will increase. TTKU
