Biden has presided over three of four worst bank failures in US history

It's funny how Democrats can only blame the bad orange man and tell us that nothing is biden's fault.

It makes you wonder at what point he's actually going to start becoming president since he's not responsible for a damn thing

 

That is trump's schtick, as he takes no responsibility ever. Biden has plenty of faults and can be blamed for things he actually did. This is not one of them.

 

The gift that keeps on giving. Destroying America one Democrat at a time led by the drooling idiot!

 

Not really funny... just mostly accurate....

But Joe fell off his bike a few times... that's certainly his fault...

Or IS it???

 

Evidently nothing is his fault. For all of the "effectiveness" he has..... Somebody's random dog might as well be president

 

Funny coming from folks who don’t even think trump ran his own admin for 4 years. Doj? Fbi? Irs? All ran by dems or the imaginary deep state.

 

And just think, Biden has all of those on his side and he still can't accomplish a damn thing..... Except covering up the criminal misdeeds of himself and his family

 

We had that.... didn't work out for anybody.....

 

At least he was a historic first. First half black president

 

OP: WEAK TITLE.

At minimum I would expect:
-President Biden deliberately caused bank failures.
-Hunter Biden was involved.

 

Considering the fact that;

1. Canada’s inflation rate, higher than the U.S.

2. Canada’s central bank rate, higher than the U.S.

Why banks don’t fail in Canada like in the U.S.?

 

it seems they can't help talking about him whenever shitforBrainsBIden is criticized

 

In addition to the above, I just googled this
eye-opening article;

Globe & Mail, March 2023

Headline; Canada banks carrying potential losses on bonds

“Canada’s Big 6 banks have nearly $30 billion in what are called unrealized losses in their securities portfolios”

HOWEVER,

“The key for the Canadian bank’s health is that the losses are offset elsewhere on their balance sheets by financial hedging instruments that have produced profits even as their bond portfolios have declined.”

_____

Question; In the U.S., who’s responsible to make sure our banks are hedging against potential losses?

POTUS, The Fed, or Congress?

 

IF--Trump is who the GOP is offering up as the Alternative
THEN--A Resounding YES!

 

Dems don’t care. Brandon has been legit the worst president of our lifetime.

 

This is absolutely one of them and Dems will never blame him for anything. Nor does Brandon take responsibility either. He did say he would, but clearly that was hot air.

 

Why?

 

I don't care about Canada and their economic policies which has caused their inflation.

 

Why deliberately?

 

I listed several of them already.

 

Thanks to Biden's stagflation economy.

"silicon valley bank
SVB (JustinSullivan/Getty)

Payne explained Trump recognized this problem and recommended Congress revise policy so that such regulations and rules only apply to banks holding more than $250 billion in deposits, which he noted also received generous bipartisan support at the time.

"So that has zero to do with what's going on right now — absolutely zero," he said. "It's another one of those major excuses."

The "genesis" of SVB's collapse instead starts with President Biden, according to Payne, who pointed out the trillions of dollars Biden printed and "showered on this economy, ostensibly to fight COVID — wink-wink."

The ensuing inflation became the purview of Chairman Jay Powell and the Federal Reserve, he said, adding that Powell has been trying to slow the economy to put out the inflationary fire.

"He's raising rates up, and as he does this, it changes the dynamics of the investing world," he said. "On the side, we've got… the ultimate elites on the West Coast. In fact, they have their own modern-day Roman Empire in Silicon Valley."

Payne argued they make so much money from the Federal Reserve's behavior combined with stimulus that they "went nuts and they took advantage of it in 2020."

"So now instead of $50 billion, [SVB] had almost $200 billion," he said. "What do they do with this money? They don't lend it out. They were never a bank to lend money. They're in the richest zip code in America. They start to invest, and they start to do really dumb things with this, including loading up on bonds that last year."

Payne noted the bond market had one of its worst years in history in 2021, which crushed the bank's balance sheets."
https://www.foxnews.com/media/charl...deregulation-led-silicon-valley-bank-collapse

 

You keep trying and failing to square a circle. You also keep failing because the flaming/blaming of Biden can't get past level 1 critical thinking of the average American, something far RW hyper partisan propagandists underestimate in 2023.

The smear is going to continue to fail from now on because average Americans are simply better informed because they are paying attention to the tyranny of the minority after Trump and Jan 6.

 

What policy caused it. Be very specific as to what caused it……

But before you do that you may want to read up on Dodd-Frank and the Volker rule……

 

See that the difference between republicans and democrats.

Republicans just blame democrats and refuse to educate themselves on the actual issues at hand, to make informed decisions. THIS thread is a clearing example of that.

Dodd-Frank…..Volker rule……

Silicone Vally Bank went under because the Volker rule was significantly weakened….

But do keep trying to blame everything blue for the ignorance of the red….

 

It makes me right. Those on left make a habit of the "presided over" thingy what is different here?