I dare you to listen to Yellen for 1 minute and come back and tell us she is nothing but an ignorant idiot who spouts the talking points written for her. We are in real trouble folks.
I feel at least I've lived long enough, and read enough about times before mine, to see politicians and appointees from both sides of the aisle be such morons, when the time called for a little basic common sense, that I can reasonably hope for no rescuer to arise anywhere.
We gotta stop believing in national elections as the cure and start rebuilding good structures from the most local of foundations, but this will take a long time, and this is why I take my vitamins.
Too big to fail is too big, and I hope they fail. For real. The lesson I learned from 2008 was that we should have let them fail, and then pick up the pieces. Would have been a better result. But, no. We got that piece of shit TARP instead.
Quick Question: Has anyone seen Jamie Gorelick lately? For real, where she at?
1. If the average person knew that banks in the U.S. were permitted to keep 0% of their assets in reserve during the plandemic (and is STILL the case), 95% of people would make a run on their bank.
2. If they listened to Janet Yellen, they would just burn their cash.
She seems to be less able to actually talk about financial operations than I, and I admit to being a dummy. She is an embarrassment. I'm a little, old lady and I don't want her representing my demographic.
For the top 3%, the Fed has your back. For the other 97%, you exist for the sole purpose of keeping the top 3% in the money. You have to understand that the Fed can never tell the truth to the public for fear of a panic that would disrupt the top 3% and their nefarious actions.
All government bailouts are taxpayer/consumer funded in some way. The big banks may help by offering to buy out the smaller banks in trouble, and it will be rising fees and less interest payouts that will fund those bailouts.
WTH is in the air in DC? Old people babble and spout nonsense daily! Terrifying that these geezers are in charge of anything. Give them pudding cups and send them home.
Fun fact - Janet Yellen and Victoria Nuland both went to Brown. One prints the money, the other funnels it into the war machine.
I dare you to listen to Yellen for 1 minute and come back and tell us she is nothing but an ignorant idiot who spouts the talking points written for her. We are in real trouble folks.
Credit unions.
Gold.
Silver.
Cash in hand.
Screw the preferred partners of the usgov and their upcoming CBDC plans.
Yellen's an idiot. But SVC created their own mess by mismanaging risk. And it appears that Peter Thiel and Jamie Dimon started the bank run.
I feel at least I've lived long enough, and read enough about times before mine, to see politicians and appointees from both sides of the aisle be such morons, when the time called for a little basic common sense, that I can reasonably hope for no rescuer to arise anywhere.
We gotta stop believing in national elections as the cure and start rebuilding good structures from the most local of foundations, but this will take a long time, and this is why I take my vitamins.
Too big to fail is too big, and I hope they fail. For real. The lesson I learned from 2008 was that we should have let them fail, and then pick up the pieces. Would have been a better result. But, no. We got that piece of shit TARP instead.
Quick Question: Has anyone seen Jamie Gorelick lately? For real, where she at?
Two things:
1. If the average person knew that banks in the U.S. were permitted to keep 0% of their assets in reserve during the plandemic (and is STILL the case), 95% of people would make a run on their bank.
2. If they listened to Janet Yellen, they would just burn their cash.
She seems to be less able to actually talk about financial operations than I, and I admit to being a dummy. She is an embarrassment. I'm a little, old lady and I don't want her representing my demographic.
This is the path to clown world.
Piece by piece corruption is revealed again and again.
For the top 3%, the Fed has your back. For the other 97%, you exist for the sole purpose of keeping the top 3% in the money. You have to understand that the Fed can never tell the truth to the public for fear of a panic that would disrupt the top 3% and their nefarious actions.
All government bailouts are taxpayer/consumer funded in some way. The big banks may help by offering to buy out the smaller banks in trouble, and it will be rising fees and less interest payouts that will fund those bailouts.
There was ZERO systemic risk of failure to other banks with the collapse of SVB. ZERO.
It was a Club of Fat Cat Wokesters who were well in over their head. Same for Signature Bank.
Those banks could have collapsed without any other bank barely even noticing, except to laugh and point that they were such idiots.
BUT, they were Democrat idiots (redundant, I know), and not only that, but DONOR Democrats. So, they get off practically scot-free.
If your company sucks at what it does it should fail. But, Now they’ll all just go get jobs somewhere else and that’ll fail too. Rinse and repeat.
I don’t know who makes me 🤮 the most?
1) Biden
2) Garland
3) Yellen.
Former Fed chair becomes Secretary of the Treasury...seems I’ve seen this movie before and it didn’t end well then, either. Remember G William Miller?
WTH is in the air in DC? Old people babble and spout nonsense daily! Terrifying that these geezers are in charge of anything. Give them pudding cups and send them home.
Reading her actual words made me read it twice. I thought it was parody. My goodness, she it out loud how inept and corrupt they are.