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Silicon Valley Bank collapse..

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    Originally posted by GhostofDempsey View Post

    ***** has nothing at all to do with this. Or were you hoping to blame him even though ***** and the ******** House were in control for the last two years? LOL
    The video you posted indicates otherwise.

    I am on record as saying inflation shot up when the American rescue plan was approved.

    Payne attributes this all the way back to *****’s bailout.

    Comment


      Originally posted by Madison View Post

      larry and dunn act like two tough pro-black militant men yet they treat ***** like he is some god like figure
      Nobody does that. Stop lying and overreacting because the idiotic rants you guys go on get pushed back against.

      Comment


        Originally posted by man down View Post
        It was *****s fault! Ummm no. California wins again lol.

        Silicon Valley Bank wasn't regulated by "Washington."

        It was regulated by California's Department of Financial Protection and Innovation, entirely created and controlled by Gavin Newsom and his ******** appointees.​

        Thanks to ***** and his supporters this all changed. Some of the key changes that EGRRCPA made were:
        • Increasing the asset threshold for “systemically important financial institutions” or, “SIFIs,” from $50 billion to $250 billion.
        • Exempting bank holding companies with between $100 billion and $250 billion in assets from the enhanced prudential standards.
        • Limiting stress testing conducted by the Federal Reserve to banks and bank holding companies with $100 billion or more in assets.

        Comment




          The bailout of Silicon Valley Bank and the historic crisis of capitalism

          This came up when I searched for the impact the bailout will have on inflation.

          Socialist site anti capitalism article that brings up some of the same points as some far right posters have. Found that interesting.

          Provides some insightful historical analysis. Details how past administrations including *****, ***** and ***** actions contributed to the problems.

          The author points fingers at everyone.

          Hopefully there are some adult enough to give it a read knowing all of it will not be just opinions you agree with.

          Last edited by The Big Dunn; 03-14-2023, 08:06 AM.

          Comment


            JUST IN - Moody’s cuts outlook on entire U.S. banking system to negative from stable, citing a "rapidly deteriorating operating environment."

            Comment


              Originally posted by The Big Dunn View Post

              The video you posted indicates otherwise.

              I am on record as saying inflation shot up when the American rescue plan was approved.

              Payne attributes this all the way back to *****’s bailout.
              ***** hasn't been president for two years. ***** had a ******** house for his first two years. They could have rolled back any changed made by *****, but they didn't. Barney Frank — the retired ******** congressman who co-authored the Dodd-Frank Act to tighten bank regulations after the 2008 financial crisis is on the board of directors at Signature Bank. He's laying most of the blame on ****** currency. Frank was one of the key architects in creating the $550 billion bailout package for the banks in 2008.

              Comment


                Inflation ticked down its normal. .4% to 6.0%. Guess we'll see that trend die now that the fed is pivoting. Inflation will rise again.

                Does this look like 6% to you?

                Price changes over last year:

                - Transportation: +14.6%
                - Gas utilities: +14.3%
                - Electricity: +12.9%
                - Food at home: +10.2%
                - Food away from home: +8.4%
                - Shelter: +8.1%
                - Overall CPI: +6.0%
                - New cars: +5.8%
                - Gasoline: -2.0%
                - Used cars: -13.6%​
                FinitoxDinamita FinitoxDinamita likes this.

                Comment


                  Originally posted by GhostofDempsey View Post

                  ***** hasn't been president for two years. ***** had a ******** house for his first two years. They could have rolled back any changed made by *****, but they didn't. Barney Frank — the retired ******** congressman who co-authored the Dodd-Frank Act to tighten bank regulations after the 2008 financial crisis is on the board of directors at Signature Bank. He's laying most of the blame on ****** currency. Frank was one of the key architects in creating the $550 billion bailout package for the banks in 2008.
                  Correct, the admin said he wouldn't blame anyone when he got into office. He removed everything ***** did but didn't touch this, why?

                  So he removed *****s insulin plan then puts it back and calls it his. But he can't remove this bill that everyone voted on?

                  Comment


                    This is what the fed needs to do but will they?

                    Fed Likely To Move Rates Higher Next Week Despite Bank Crisis.

                    Comment


                      Originally posted by man down View Post
                      Inflation ticked down its normal. .4% to 6.0%. Guess we'll see that trend die now that the fed is pivoting. Inflation will rise again.

                      Does this look like 6% to you?

                      Price changes over last year:

                      - Transportation: +14.6%
                      - Gas utilities: +14.3%
                      - Electricity: +12.9%
                      - Food at home: +10.2%
                      - Food away from home: +8.4%
                      - Shelter: +8.1%
                      - Overall CPI: +6.0%
                      - New cars: +5.8%
                      - Gasoline: -2.0%
                      - Used cars: -13.6%​
                      ***** now decides he wants to start drilling again in Alaska. Not going to sit well with his environmental scare mongers. To make up for it, he's pushing new gun legislation to make it harder for law abiding citizens to own one.

                      Comment

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