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Wapo reporting fed is strongly leaning towards covering all uninsured deposits at SVB
Posted on 3/12/23 at 2:09 pm
Posted on 3/12/23 at 2:09 pm
quote:
The Washington Post
@washingtonpost
Breaking news: Federal authorities are seriously considering safeguarding all uninsured deposits at Silicon Valley Bank, according to three people with knowledge of the matter, who spoke on the condition of anonymity to describe private deliberations.
LINK
Posted on 3/12/23 at 2:10 pm to HailHailtoMichigan!
Actual bailouts to the top 1%.
Okay they can pay off Student Loan Debt.
Okay they can pay off Student Loan Debt.
This post was edited on 3/12/23 at 2:11 pm
Posted on 3/12/23 at 2:10 pm to HailHailtoMichigan!
Bamarep told y'all yesterday they would get a bailout.
Posted on 3/12/23 at 2:10 pm to HailHailtoMichigan!
Then what is the point of insured deposits
Posted on 3/12/23 at 2:12 pm to HailHailtoMichigan!
This is what you voted for.
Posted on 3/12/23 at 2:13 pm to HailHailtoMichigan!
When the left wants something they go blind to any possible effects. The US dollar is done.
Posted on 3/12/23 at 2:13 pm to HailHailtoMichigan!
Why not? Money grows on trees.
Posted on 3/12/23 at 2:14 pm to HailHailtoMichigan!
Of course they are. And East Palestine got what they deserved.
Posted on 3/12/23 at 2:15 pm to bamarep
quote:
Bamarep told y'all yesterday they would get a bailout.
Well, he did hve a 50% chance of being right. If he is right, does this mean people with uninsured homes, buildings, cars, jewelry, boats, ets., can expect a Federal bailout for uninsured loss?
I am calling my insurance company tomorrow to cancel all insurance if the Fed bailout occurs.
Posted on 3/12/23 at 2:15 pm to HailHailtoMichigan!
Why not throw in FTX while they are up?
Posted on 3/12/23 at 2:17 pm to Timeoday
quote:
does this mean people with uninsured homes, buildings, cars, jewelry, boats, ets., can expect a Federal bailout for uninsured loss?
Do you even "rules for me, and not for thee?"
When you get Oprah and Prince Harry level of jack than you can answer your own question.
Posted on 3/12/23 at 2:21 pm to HailHailtoMichigan!
Trump will coast back into the WH
Posted on 3/12/23 at 2:21 pm to bamarep
quote:
Do you even "rules for me, and not for thee?"
Reverse that.
Posted on 3/12/23 at 2:25 pm to DavidTheGnome
quote:
No bailouts
Its beyond infuriating.
Posted on 3/12/23 at 2:27 pm to HailHailtoMichigan!
Further proof our whole financial system is a ponzy scheme tilted towards the elite.
Posted on 3/12/23 at 2:31 pm to HailHailtoMichigan!
quote:
Wapo reporting fed is strongly leaning towards covering all uninsured deposits at SVB
well yellen came out and said "just to be clear" we arent going to bail them out
so they will 100% bail them out in full and make all the crooks whole while telling all the regular small investors to go pound sand
Posted on 3/12/23 at 2:31 pm to RogerTheShrubber
What gives them the legal authority???
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