Yellen says "no bailout for SVB", FED & FDIC consider creating new fund "to backstop deposits" (isn't that.. a bailout?) - Upgoat

Yellen says "no bailout for SVB", FED & FDIC consider creating new fund "to backstop deposits" (isn't that.. a bailout?)
submitted by FuckShitJesus to FinancialNews 2.1 yearsMar 12, 2023 11:02:25 ago (+18/-0) (www.bloomberg.com)
https://www.bloomberg.com/news/articles/2023-03-12/us-discusses-fund-to-backstop-deposits-if-more-banks-fail?sref=6uww027M

Huh.. wouldn't a new fund BE a bailout?

Funny how they can say one thing but immediately do another, every single time.

Maybe these idiots should return the reserve ratio to 10%, instead of the 0% they set it to at the beginning of the coronahoax.

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[ - ] Version6 2 points 2.1 yearsMar 12, 2023 14:23:21 ago (+2/-0)

No bail outs. Bail-ins...

[ + ] GoatWarVet

[ - ] GoatWarVet 1 point 2.1 yearsMar 12, 2023 15:23:15 ago (+1/-0)

Courtesy of King Nigger of course.

[ + ] FuckShitJesus

[ - ] FuckShitJesus [op] 0 points 2.1 yearsMar 12, 2023 14:30:06 ago (+0/-0)

Hate to quote the Wicked Witch of the East, but I think Hillary said it best:

"What difference, at this point, does it make?"

[ - ] bobdole9 2 points 2.1 yearsMar 12, 2023 12:13:26 ago (+2/-0)

Somehow (((there's always money))).

[ + ] FuckShitJesus

[ - ] FuckShitJesus [op] 1 point 2.1 yearsMar 12, 2023 12:25:21 ago (+1/-0)

Accelerate this shit to the end. It's coming.

[ - ] TheViciousMrPim 1 point 2.1 yearsMar 12, 2023 11:24:58 ago (+1/-0)

No, It's New!

[ + ] FuckShitJesus

[ - ] FuckShitJesus [op] 0 points 2.1 yearsMar 12, 2023 11:37:16 ago (+0/-0)

New new!

[ - ] ItsBacon 0 points 2.1 yearsMar 12, 2023 13:40:45 ago (+0/-0)

The FDIC is itself a bailout.

[ + ] FuckShitJesus

[ - ] FuckShitJesus [op] 0 points 2.1 yearsMar 12, 2023 13:48:44 ago (+0/-0)

Of course it is. Political parasites only know how to lie, deceive, and perform doublespeak.

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