Yellen promised no bailout for SVB. THEN ANNOUNCES A BAILOUT!!!

[Text Drivers are Killers]

This is a bailout. FDIC only covers $250,000 but Janet the Jew Yellen says she will cover all losses. SVB has deep ties with israel and yellen is an israel firster.

http://www.stationgossip.com/2023/03/breaking-fdic-to-make-good-all-deposits.html

march 12 2023 The Treasury Department announced in a joint statement Sunday evening with the Federal Reserve and FDIC that all deposits at Silicon Valley bank will be made available on Monday–with the same for Signature Bank which was taken over Sunday by New York state regulators.

The statement says a special assessment will be made on FDIC member banks to cover any losses and that taxpayers will not bear the cost of any losses. FDIC will also make additional funds available to member banks (in case of more runs).

The move to backstop the banks is being made to stave off runs on banks Monday morning and to prevent systemic failure of businesses with funds in the banks.

 

[Text Drivers are Killers]

If you have million dollar house and it's insured for only half that, then that's all you get. Let these corrupt banks die. EVery 15 years the banking cartel gets a muti-trillion dollar bailout courtesy of the democrats.!!!!

 

[Hawkeye10]

This is a bailout. FDIC only covers $250,000 but Janet the Jew Yellen says she will cover all losses. SVB has deep ties with israel and yellen is an israel firster.

We are now lied to constantly......if they would flat out lie to us for years about COVID (they did) then they would say anything.

 

[Scott]

If you have million dollar house and it's insured for only half that, then that's all you get. Let these corrupt banks die. EVery 15 years the banking cartel gets a muti-trillion dollar bailout courtesy of the democrats.!!!!

I think this is a mainly bi partisan thing. I brought up another article on the failure of SVB and its implications here:

US Regional Banks Remain Under Pressure as First Republic Sinks , Post #2 | justplainpolitics.com

 

[Poor Richard Saunders]

This is a bailout. FDIC only covers $250,000 but Janet the Jew Yellen says she will cover all losses. SVB has deep ties with israel and yellen is an israel firster.

SVB is not being bailed out. The bank is going under. It will no longer exist. All shareholders of SVB will get nothing for their shares.

 

[Yakuda]

This is a bailout. FDIC only covers $250,000 but Janet the Jew Yellen says she will cover all losses. SVB has deep ties with israel and yellen is an israel firster.

No bank or business should ever be bailed out. EVER

 

[goat]

We are now lied to constantly......if they would flat out lie to us for years about COVID (they did) then they would say anything.

It's starting. Buckle up.

 

[Text Drivers are Killers]

SVB is not being bailed out. The bank is going under. It will no longer exist. All shareholders of SVB will get nothing for their shares.

Not a bailout!!!! Biden just announced he will give Roku nearly $500 million !!!!! He only has to give them $250,000.