They stole an election, last thing in the world they care about is congress. Do whatever they want so their big guys can escape and the tax payers are left holding the bill.
They say that if need be they will pass along costs to banks through a special assessment…I call bullshit…but even if they do the banks will certainly pass along those costs to their customers…(hot damn our banking fees go up even higher, aren’t we lucky)
Firstly, this announcement is just another propaganda. The last sentence is the dead giveaway
No losses associated with the resolution of SVB will be borne by tax payers
But does it mean they are not gonna bail out the billionaires? Of course they will while playing more shenanigans.
I don't know why any Anons would be surprised. We know that there are still plenty of chess moves left and this is not the final move. Financial collapse will happen only near the end game just as the Cabal realises they have no where to hide and unleash everything they think they control.
We are getting there, but not just yet.
Remember, they will keep printing money to fix all their problems until the USD becomes hyper inflated and people realise the real dangers of a fiat monetary system. If they were smart, they would have instead let the stock market crash and retreated to lick their wounds.
We still have ways to go frens, and getting excited by each move and expecting that to be the last move is counter productive and leads to black pilling. Dig in, stay strong and watch the moves play out, and be prepared for the end game.
He signed an eo that essentially made home chairman of the fed. But mainstream has done everything to cover this up. Need to find the breakdown. It’s been a while back.
Parts of it seem like a bailout but for now it seems most of the money is coming from the sold off assets of Silicon Valley Bank and the Deposit Insurance Fund, which is supposedly funded by banks. I question what assets are going to be sold, how that is going to affect the economy, and what happens when the Deposit Insurance Fund runs out of money? This sure does seem like a band-aid fix of a way to prevent a bank run.
It's a little more complicated than this. The share and bondholders are pretty much screwed here although they'll probably be compensated at least somewhat by the FDIC insurance fund )which is thankfully not funded by tax payer dollars). But both groups are going to take a serious financial beating.
The depositors will be covered, however.
I can't criticize this too heavily. If the depositors were not covered here, we'd be having the biggest bank run of our lives tomorrow morning.
-- anonymous general on the beach at Silicon Valley, watching little programmers in conical black hats scurrying through the bamboo jungle avoiding their punji traps, rushing to withdraw their savings from their banks.
You dumbass the FDIC is supposed to "bail-out" depositors, because depositors are INSURED and the FDIC has the legal obligation to ensure their funds up to the limit of 250 000 USD each. What they haven't done is bail out the UNINSURED holders who have millions and billions in their accounts. At least, not yet.
Me thinks you are the real Dumbass with a capital "D". Read the news intelligently ... "A joint statement from Yellen, Fed chief Jerome Powell and FDIC chair Martin Gruenberg said depositors will have access to all of their money today from Silicon Valley Bank. The same goes for Signature Bank, which was closed on Sunday. No losses will be borne by the taxpayer. Any losses to the Deposit Insurance Fund to make uninsured depositors whole will be recouped by a special assessment on banks, the statement said."
It is not like we didn't think they weren't going to bail out the customers. Maybe it just happened a lot sooner than we thought it would, like make them sweat a little, not too much-just a little.
hmmmm i wonder if this is being announced to try to prevent run on banking monday...can't trust a damn thing they say, including THIS announcement!
When the government and all the experts are telling you not to worry.... It's probably time to start worrying.
It's possible, but as soon as it came out that they weren't going to honor what they said, it would just be the same scenario all over again.
It would just amount to kicking the can down the street a bit. It could buy them a bit of time, so maybe that is the goal.
But personally I think they're going to bail them out.
I thought the 'money' had to be passed through the House. What happened. Did they bring it on themselves to simply pass something without Congress?
They stole an election, last thing in the world they care about is congress. Do whatever they want so their big guys can escape and the tax payers are left holding the bill.
They say that if need be they will pass along costs to banks through a special assessment…I call bullshit…but even if they do the banks will certainly pass along those costs to their customers…(hot damn our banking fees go up even higher, aren’t we lucky)
My husband has $80 missing from his account as of yesterday. I know that's a menial amount, but it sounds like it's already beginning.
I was expecting this because the cabal has major assets in that bank.
yes!
Falls in line with this theory
.https://greatawakening.win/p/16aTVFSfCv/theory-they-intentionally-crashe/
I kinda dismissed this yesterday but today it seems a bit more plausible.
Firstly, this announcement is just another propaganda. The last sentence is the dead giveaway
But does it mean they are not gonna bail out the billionaires? Of course they will while playing more shenanigans.
I don't know why any Anons would be surprised. We know that there are still plenty of chess moves left and this is not the final move. Financial collapse will happen only near the end game just as the Cabal realises they have no where to hide and unleash everything they think they control.
We are getting there, but not just yet.
Remember, they will keep printing money to fix all their problems until the USD becomes hyper inflated and people realise the real dangers of a fiat monetary system. If they were smart, they would have instead let the stock market crash and retreated to lick their wounds.
We still have ways to go frens, and getting excited by each move and expecting that to be the last move is counter productive and leads to black pilling. Dig in, stay strong and watch the moves play out, and be prepared for the end game.
Let's all just withdraw all our money and crash all the banks, buy guns, seeds, and animals, and then refuse to pay any taxes. Problem solved.
Love this idea!
This whole thing is gold to them.
Now every economic thing can be blamed on the cost to bail out these banks, and the $billions sent to Ukraine can be ignored.
Jan 6th Covid Election Fraud Etc...
I KNEW they would!
What a sorry sack of dog shit this is.
you knew they would, Oprah was swinging off the chandelier.
Where is the money coming from? They are saying none of it is taxpayer funded.
EO 13818
the money is coming from the seized assets
https://www.govinfo.gov/app/details/DCPD-201700923
... so, it's circular? They let it be seized so they can in turn get the money clean.
Sounds right.
Money laundering is getting so easy to spot now a days.
No. Read the eo. The money was seized per the EO.
Banking is so convoluted and confusing I hate even trying to understand it.
But from what I understand, which isn't much, is that the bank's stockholders are the ones who are going to be paying for it.
The whole system is a façade
semantics I suppose. It's all word games.
I don’t believe a got damn word they say. They are trying kill US, remember that.
fren, that was like 3 whole days ago. let it go already.
LOL!
Let what go? You believe what they tell us?
oh dear heavens no
Color me shocked. /s
And "baffled"
All I can do is sort of blubber and go errr ahhh wut
Exactly. /me checks watch. Are we hangin' folks yet? No? Catch ya later then.
Ain't got no time for this bull crud
Maybe... she's not the Secretary of the Treasury.
Right! Didn't Trump do something significant with the Treasury that gave him control? I remember a buzz about it.
He signed an eo that essentially made home chairman of the fed. But mainstream has done everything to cover this up. Need to find the breakdown. It’s been a while back.
Parts of it seem like a bailout but for now it seems most of the money is coming from the sold off assets of Silicon Valley Bank and the Deposit Insurance Fund, which is supposedly funded by banks. I question what assets are going to be sold, how that is going to affect the economy, and what happens when the Deposit Insurance Fund runs out of money? This sure does seem like a band-aid fix of a way to prevent a bank run.
That’s what I said early today right after Yellen made her statement! The Cabal always does the opposite of what they say they’re not going to do.
Of course she lied. She is a globalist and will bend the knee to her owners.
She also said that there will be no further collapses of other local banks and this happens hours later:
https://greatawakening.win/p/16aTVGbKVl/breaking--signature-bank-has-bee/c/
The depositors were made whole by liquidated SVB assets. That’s it. No tax payer money used. This is fake news.
Correct- they had the assets tied up in treasuries. Now stock holders in SVB will get haircuts, depositors wont.
Oprah, Harry and Meghan Markle probably hi-five'ing each other right now.
I'm glad I am not working on those printing presses .
Probably chatgpt stuck working double shifts. No OT for AI.
/s
KEK!
Well I figured they would print up a bunch more paper.🙄
I made a comment in an earlier thread today
If she said they weren’t, that means they were
Her father is the father of all lies Satan, she doesn’t know how to say anything that’s true. It’s always opposite day with them.
It's a little more complicated than this. The share and bondholders are pretty much screwed here although they'll probably be compensated at least somewhat by the FDIC insurance fund )which is thankfully not funded by tax payer dollars). But both groups are going to take a serious financial beating.
The depositors will be covered, however.
I can't criticize this too heavily. If the depositors were not covered here, we'd be having the biggest bank run of our lives tomorrow morning.
“Too big to fail.” Lol. JBP had it right: “So big they HAVE to fail.”
"I love the smell of panic in the morning."
-- anonymous general on the beach at Silicon Valley, watching little programmers in conical black hats scurrying through the bamboo jungle avoiding their punji traps, rushing to withdraw their savings from their banks.
I would have:
You dumbass the FDIC is supposed to "bail-out" depositors, because depositors are INSURED and the FDIC has the legal obligation to ensure their funds up to the limit of 250 000 USD each. What they haven't done is bail out the UNINSURED holders who have millions and billions in their accounts. At least, not yet.
Me thinks you are the real Dumbass with a capital "D". Read the news intelligently ... "A joint statement from Yellen, Fed chief Jerome Powell and FDIC chair Martin Gruenberg said depositors will have access to all of their money today from Silicon Valley Bank. The same goes for Signature Bank, which was closed on Sunday. No losses will be borne by the taxpayer. Any losses to the Deposit Insurance Fund to make uninsured depositors whole will be recouped by a special assessment on banks, the statement said."
https://finance.yahoo.com/news/silicon-valley-bank-collapse--everything-you-need-to-know-right-now-morning-brief-093042703.html
Called it as fuck.
It is not like we didn't think they weren't going to bail out the customers. Maybe it just happened a lot sooner than we thought it would, like make them sweat a little, not too much-just a little.
Pretty tired of the gov helping everyone else stay rich
The whole system will fall now. Its inevitable.
Stock trading has been halted for multiple banks.
They just threw gas on the fire, if it was so " isolated" this wouldn't of had to happen. It's scared is a understatement 😂
Scare event ?
Birthing pains of the scare event.