They will not use taxpayer funds for the bailout. They will use 2 other sources of funds for the bailout:
The FDIC is going to impose a special assessment on all other banks. That sounds good until you realize the banks are funded by their customers, so their customers will bear the burden.
The Fed will print more money. This devalues the dollar for everyone holding dollars.
So yeah, taxpayer funds will not be used, but we're going to stealthily take money from other bank customers and anyone holding dollars.
I agree. Most likely something similar to what you described.
Note that the "no bailout" narrative was immediately pushed in a coordinated way by at least 15 MSM outlets starting today (Sunday). This means it is likely a setup to get people to beg for a bailout so they can then say: "Well, we didn't think it was a good idea, but we were forced to do against our better judgement due to the nature of the emergency." Same BS play they ran in 2008 that they will TRY to run now.
However, I believe their BS play is going to get called out, and they will actually NOT get a bailout like they want. Some individual depositors may get "bailed out" in terms of getting some uninsured deposits back. But this looks like an EO13818 seizure of assets to me, just disguised as a bank failure for the normies. Now they have to sort out assets of the criminals (and CCP) from individuals that may have become collateral damage, and selective restoration of funds is a nice clean way to do that, imo.
Technically true, but false
They will not use taxpayer funds for the bailout. They will use 2 other sources of funds for the bailout:
So yeah, taxpayer funds will not be used, but we're going to stealthily take money from other bank customers and anyone holding dollars.
And then raise taxes and interest rates on us. The banks will raise their fees, too. There's simply no way in Hell we don't foot these tabs.
Correct. Let's go Brandon!
I agree. Most likely something similar to what you described.
Note that the "no bailout" narrative was immediately pushed in a coordinated way by at least 15 MSM outlets starting today (Sunday). This means it is likely a setup to get people to beg for a bailout so they can then say: "Well, we didn't think it was a good idea, but we were forced to do against our better judgement due to the nature of the emergency." Same BS play they ran in 2008 that they will TRY to run now.
However, I believe their BS play is going to get called out, and they will actually NOT get a bailout like they want. Some individual depositors may get "bailed out" in terms of getting some uninsured deposits back. But this looks like an EO13818 seizure of assets to me, just disguised as a bank failure for the normies. Now they have to sort out assets of the criminals (and CCP) from individuals that may have become collateral damage, and selective restoration of funds is a nice clean way to do that, imo.
EO13818 info: https://www.presidency.ucsb.edu/documents/executive-order-13818-blocking-the-property-persons-involved-serious-human-rights-abuse-or
I want to believe justice is coming to wicked people. I'm just not there yet.
Thank you, fren
Have to believe it when they are tried publicly, convicted, and sentence carried out publicly. We need to see true justice carried out.
100%!!!