Get it yet? Dems/Newsome are the party of the priviledged elite

[Andy Asaro]

Twitter

Twitter

Twitter

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Last edited by Andy Asaro; 03-15-2023 at 02:35 PM.

[Andy Asaro]

Go ahead and combine with the other bank thread.

[mostpost]

Originally Posted by Andy Asaro

https://twitter.com/unusual_whales/s...66823891095552


https://twitter.com/unusual_whales/s...22901622165504

https://twitter.com/VivekGRamaswamy/...16277724110852

Try to get something right for a change. There is no bailout of SVB. Depositors are being made whole. If Newsom has an account or accounts at the bank, why should he not be included.

Newsom had nothing to with these decisions. They were made in Washington but the White House, Treasury, and FDIC.

[PaceAdvantage]

Originally Posted by mostpost

Try to get something right for a change. There is no bailout of SVB. Depositors are being made whole. If Newsom has an account or accounts at the bank, why should he not be included.

Newsom had nothing to with these decisions. They were made in Washington but the White House, Treasury, and FDIC.

tee hee hee!

[boxcar]

Originally Posted by mostpost

Try to get something right for a change. There is no bailout of SVB. Depositors are being made whole. If Newsom has an account or accounts at the bank, why should he not be included.

Newsom had nothing to with these decisions. They were made in Washington but the White House, Treasury, and FDIC.

Explain the difference between the two highlighted sentences.

[Inner Dirt]

Originally Posted by mostpost

Try to get something right for a change. There is no bailout of SVB. Depositors are being made whole. If Newsom has an account or accounts at the bank, why should he not be included.

Newsom had nothing to with these decisions. They were made in Washington but the White House, Treasury, and FDIC.

I asked you to share with us what exact regulations that were rolled back during the Trump administration could have prevented the collapse of Silicon Valley Bank. I hope this isn't another situation where you are parroting crap and talking out your ass again. I don't know squat about banking regulations, please inform us.


It has been "widely reported" that Newsome violated protocol over issues with Silicon Valley Bank.


Also I see once again you lead with an insult, the weak game of a Democrat.

[mostpost]

Originally Posted by boxcar

Explain the difference between the two highlighted sentences.

There is no bailout of SVB. Depositors are being made whole.

The first sentence refers to the owners and stockholders of SVB. The money they lost is gone. They will not be rewarded for mismanagement or incompetence. Or criminal behavior if such occurred.

The second sentence refers to people and businesses who have accounts with the bank. People who, in most cases have no say in the management or operations of the bank. Their deposits are guaranteed up to $250,000 by the FDIC. In addition to the amounts over $250,000 are guaranteed by a fund financed by the nations banks.

[PaceAdvantage]

Originally Posted by mostpost

In addition to the amounts over $250,000 are guaranteed by a fund financed by the nations banks.

Financed by the banks?

No sucker.

Financed by people like you and me who will end up paying higher fees to cover this "financed by the banks" nonsense.

So clueless you liberals are...

[davew]

Originally Posted by mostpost

There is no bailout of SVB. Depositors are being made whole.

The first sentence refers to the owners and stockholders of SVB. The money they lost is gone. They will not be rewarded for mismanagement or incompetence. Or criminal behavior if such occurred.

The second sentence refers to people and businesses who have accounts with the bank. People who, in most cases have no say in the management or operations of the bank. Their deposits are guaranteed up to $250,000 by the FDIC. In addition to the amounts over $250,000 are guaranteed by a fund financed by the nations banks.

A tech company had $400 million in their account, are they being made 'whole' ????? by what 'fund'?

[davew]

Originally Posted by Inner Dirt

I asked you to share with us what exact regulations that were rolled back during the Trump administration could have prevented the collapse of Silicon Valley Bank. I hope this isn't another situation where you are parroting crap and talking out your ass again. I don't know squat about banking regulations, please inform us.


It has been "widely reported" that Newsome violated protocol over issues with Silicon Valley Bank.


Also I see once again you lead with an insult, the weak game of a Democrat.

COME ON MAN, parrots can NOT answer specific question as they just repeat 'talking points'

[mostpost]

Originally Posted by Inner Dirt

I asked you to share with us what exact regulations that were rolled back during the Trump administration could have prevented the collapse of Silicon Valley Bank. I hope this isn't another situation where you are parroting crap and talking out your ass again. I don't know squat about banking regulations, please inform us.


It has been "widely reported" that Newsome violated protocol over issues with Silicon Valley Bank.


Also I see once again you lead with an insult, the weak game of a Democrat.

I am far from an expert on banking regulations. If you know squat plus very little.

This is what I do know. Trump changed the threshold for which banks could be regulated from banks with assets over $50B to banks with over $250B. This meant many very large banks were no longer subject to regulation.

Nobody is saying deregulation is the only problem. Bad decisions by SVB is certainly a major factor. But proper regulations may have caught those bad decisions before they caused such damage.

Please explain what you mean by Newsom violating protocol, then I can respond. If you’re referring to Newsom encouraging the Biden Administration to act to protect the citizens of his state, don’t bother.

[Inner Dirt]

Originally Posted by davew

COME ON MAN, parrots can NOT answer specific question as they just repeat 'talking points'

I just keep looking to find any subject where Cliff Clavin knows more than the average middle aged man or woman, I have yet to see anything, other than how to constantly insult people. Most everyone has something they are better at than the common human, Cliffy has nothing, yet he will constantly engage those wiser than him on a subject and then run and hide when they stomp him into the ground. I am always curious how someone could turn out like him.

[Inner Dirt]

Originally Posted by mostpost

I am far from an expert on banking regulations. If you know squat plus very little.

This is what I do know. Trump changed the threshold for which banks could be regulated from banks with assets over $50B to banks with over $250B. This meant many very large banks were no longer subject to regulation.

Nobody is saying deregulation is the only problem. Bad decisions by SVB is certainly a major factor. But proper regulations may have caught those bad decisions before they caused such damage.

Please explain what you mean by Newsom violating protocol, then I can respond. If you’re referring to Newsom encouraging the Biden Administration to act to protect the citizens of his state, don’t bother.

What are the specific regulations, please explain. Newsome lobbied on behalf of a bank that he had an interest in, that is a no no.

[xtb]

Originally Posted by Inner Dirt

Most everyone has something they are better at than the common human, Cliffy has nothing

I heard that Musty could usually get mail into the correct mailbox.

[TJDave]

Originally Posted by PaceAdvantage

Financed by the banks?

No sucker.

Financed by people like you and me who will end up paying higher fees to cover this "financed by the banks"

I don’t pay any fees.

One of the blessings of being old and paying my bills on time.