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Name:
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MartiniMan
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Subject:
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i'm waiting
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Date:
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3/13/2023 1:35:00 PM
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I am actually torn as to whether he knows what is going on and chooses to blatantly lie or he is actually that delusional and out of touch with reality. The charitable option is the former but I am thinking it may be a matter of him being completely detached from the facts on the ground due to his dementia and the information being fed to him by his handlers. He keeps saying his economic plan is "working" and that in fact may be true. But by working it is devastating to ordinary Americans.
SVB is the largest bank to fail since the 2008 crisis and the second largest in our history. What is coming out now is that SVB was more interested in DEI and ESG than they were in making good business decisions. Get woke and go broke happens once again. So they are claiming they are not going to bail out this bank but are offering any bank that buys them loans on favorable terms to make the depositors whole. Maybe it's just me but that sounds like a bailout. That's what they did in 2008-2009 and the banks had to pay them back. Those were clearly called a bailout. But this may be one place where the Federal govt has a role. Last thing we need is a run on banks by retail customers who are covered by insurance up to $250K anyway.
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