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Biden gives 2-minute speech blaming Trump for #SVBCollapse then bravely RUNS AWAY
Posted by Jbird


BIDEN: "During the Obama/Biden administration, we put in place tough requirements on banks...to make sure that the crisis we saw in 2008 would not happen again. Unfortunately, the last administration rolled back some of these requirements."
@townhallcom
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Joe Biden darts for the door, taking no questions from reporters.
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@townhallcom
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Joe Biden darts for the door, taking no questions from reporters.
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re: Biden gives 2-minute speech blaming Trump for #SVBCollapse then bravely RUNS AWAYPosted by Great Plains Drifter
on 3/13/23 at 8:53 am to Jbird


quote:
Biden gives 2-minute speech blaming Trump for #SVBCollapse
Dems are so pathetically predictable.
re: Biden gives 2-minute speech blaming Trump for #SVBCollapse then bravely RUNS AWAYPosted by shallowminded
on 3/13/23 at 8:54 am to Jbird

And we wonder where this generation is getting this “don’t blame me” idea from..
quote:
Unfortunately, the last administration rolled back some of these requirements."
So why didn't his admin with both houses not reinstall these requirements?
Just like the rail fiasco, this potato sat at that goofy little table a chair signing shite for 2 straight days, it's not like a third day wasn't possible.
This post was edited on 3/13 at 9:14 am
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re: Biden gives 2-minute speech blaming Trump for #SVBCollapse then bravely RUNS AWAYPosted by FightinTigersDammit
on 3/13/23 at 8:59 am to SippyCup


Admit nothing
Deny everything
Make counter-accusations
Deny everything
Make counter-accusations
quote:
Biden gives 2-minute speech blaming Trump for #SVBCollapse
He's been in office over 2 years.
quote:
Unfortunately, the last administration rolled back some of these requirements.
If true why didn't you reroll back the requirements? You had over two years.
The thing is, he's lying.
Joe Biden actually said the other day that Republicans are attempting to defund the police.
Imagine knowing that you can lie to that extreme and get away with it.
Its kinda amazing.
Imagine knowing that you can lie to that extreme and get away with it.
Its kinda amazing.
quote:
Biden team scrambles to contain financial and political contagion
The Biden administration’s scramble to prevent financial contagion from the crash of Silicon Valley Bank is both an attempt to shield a resilient but still-vulnerable economy and to prevent grave political fallout.
The Treasury Department and federal regulators insisted there was no systemic risk to the banking system as a whole that could cause a repeat of the cataclysmic 2008 meltdown as they raced against the opening of Asian markets with measures to head off a run on small or regional US banks.
Assurances by the White House and Treasury Secretary Janet Yellen that the broader banking system is sound set up a new test of economic credibility for an administration scarred by its handling of high inflation.
But a political blame game was already erupting – a sign of how a dysfunctional and polarized Washington and a political system already stressed by the heated early exchanges of a new presidential election might struggle to deal with a truly threatening financial crisis.
Any new economic shocks would be a political disaster for an administration already defined by multiple crises, especially as the president gets ready to launch his expected reelection campaign. It is crucial for Biden that he bring the situation under control quickly.
LINK
quote:
"During the Obama/Biden administration, we put in place tough requirements on banks...to make sure that the crisis we saw in 2008 would not happen again.
Except they didn't; the same bull shite that was in place in '08 are still in place.
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