-what happened friday when silicon valley bank fell. svb, a top choice for tech start-ups, with more than $2 hundred billion in assets at the time. that makes it the second largest bank failure in american history behind the washington mutual meltdown in 2008. we had a great recession then. the president now keeps saying we re not headed for a recession. a host of companies affected include household names like etsy and fit bit. all deposits at the failed bank will be available today. investors knew the risk and should not be protected. yes, the fdic is up to $250,000. if you invested in the banking institutions you just lost your cash. when biden was vice president, taxpayers were on the hook for bank bail-outs. they used our cash to bail out the big guys. the administration may be looking to avoid backlash for doing that this time. president biden: customers can rest assured that he will be protected and accessed to their money. no losses will be borne by the taxpayers.
news that our economy had zero percent inflation in the month of julyy, zero percent. okay, we ll have more on that a little bit later in the show, i promise. but first, there never been a more important day for the permanent washington time than inauguration day for joe biden. january 20th last year it was moment democrats and their voters in the federal bureaucracy have been waiting for for four years. none of it had to do with joe biden or possibilities his presidency could bring to them.t the best part about joe biden taking office was donald trump was leaving office, although it was made possible because somehow voters during a pandemicus had accomplished what, four years off witch hunts, pausing to investigate the full force of surveillance state could not removing donald trump from the white house despite getting seventy four million votes. but it quickly becameus clear removing donald trump was not the end goal. believe it or not, almost immediately joe biden and his
In the gaza strip. Israel will no doubt have some mapped out. Not all of them. Where were standing if and when this Ground Invasion comes, it will probably be worse than ones weve seen before in terms of casualties and the bitterness of fighting that we have in store. Kim . Appreciate it. Elliot in london. Thanks americas top diplomat is in jordan after spending thursday in israel, Antony Blinken is trying to prevent the conflict from spreading and hoping to secure the release of hostage, cnn Beckie Anderson has more. The war between israel and hamas kicking off a flurry of diplomatic activity across the east. U. S. Secretary of state Antony Blinken landed in tel aviv thursday to show washington solidarity with israel. The message that i bring to israel is this. You may be Strong Enough on your own to defend yourself. But as long as america exists, you will never have to. We will always be there. By your side. The Secretary Of State also tried to secure the release of hostages taken by
american military could partner with the mexican military and the mexican police and we could wipe out the cartels. but the president of mexico refuses to do that. the truth is president biden believes in open borders. the cartels don t seem to bother him. harris: why in the world wouldn t the mexican government say hey, thanks america, you want to help us fight the drug cartels? what s your take? the mexican government doesn t want this to end. if you look at the amount of money that s coming into their economy we talk about billions of dollars from illegal immigration alone. on top of that you add onto the drug trade coming into the united states. why would the mexican government want it to end when all that money is going back into their economy? they want this to continue. they could end it tomorrow and become border security partners and we saw that under president trump when we dropped to 45-year lows in illegal immigration.
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