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No, the FDIC only protects up to $250k BUT with SVB, Biden is saying all deposits will be protected but this won’t be the case if your local bank goes under. Why? Because the investors and depositors of SVB are the anti MAGA crowd. They hate the deplorables. These are the venture capitalists who contribute large sums to the Dems. These are the tech titans who want to cancel us. Now the want us to bail them out. So naturally Biden is only happy to oblige. We weren’t invited to the party but they want us to pick up the tab.
These people did nothing to help East Palestine,OH but they want those people’s tax dollars to bail out their excesses. Time to dig in our heels and say no banks get a penny while Biden refuses to close the border, while he shovels money to Ukraine and refuses to help the people in East Palestine. We need to let the RINOs who supported that bloated Biden spending bill know we will not sleep until they are removed from office, too. They are playing us for fools.
Until The People start marching in the streets by the tens of millions per protest site, nothing's gonna change. The (s)elected officials will just keep doing what [they]'ve been doing for decades.
I'm just sitting back and waiting for torches and pitchforks to come out.
Got a long wait.
People saw on Jan 6 what happens to patriots who exercise their First Amendment rights; they don't want to be tortured for years in jail for loving their country.