banking collapse since the 2008 financial disaster. the trouble for silicone valley bank began last wednesday when it sold securities at a major loss. that created panic and the stock stumbled. on friday federal regulators shut down the bank and they closed a second lender new york s signature bank. both failures the last of largest since the great recession. they could have a huge ripple effect on the economy. that s what the president is try to guard again. president biden speaking minutes before the stock market opened defending the stability of our banking system trying to reassure americans our money is safe. thanks to the quick action from my administration america can have confidence that the banking system is safe. all customers will have access to their money. this is an important point. no losses bourne by the taxpayers. let s start there. [laughing]. david, how will they pay for this? this is the fdic. up to 250. yes, a little bit of money that banks
Charles Arthur “Chuck” Curl, 87, of Lexington, met his Savior and Lord face-to-face and rejoined Katie, the love of his life for 63 years, on Saturday, April 20, 2024. He
contract. he doesn t care. the population members that are discarded they don t vote. that s why he doesn t care. those seeking abortion are more important to his poke political aspirations than the ones that need our protection. and ron desantis didn t after disney. they were given a special place in state law. we are going to take action. evil, badman for doing that. but newsom women s rights we applaud him for going after private companies. is disney leaving florida? no, they are losing that tax status. but staying. where are they going to go in
2008 financial crisis. the treasury is saying we will protect you. one thing president biden did not say this is his fault in a big way. he will never admit that. he blamed trump. svb asked for weaker regulations and were awarded that. that is true. but at the same time over the last 2 years the reason the fed had to be so aggressive on interest rates hikes is because of the inflation caused by the massive spending over 2 years. all of these social programs and green spending. he won t admit that. and the companies that went to svb they are interest rates sensitive gumps. companies. i agree with david.
would degate all of our gains. this is what the biden administration thinks. there is a notion that the globe will hold china accountable. in 1992 they designated them a developing country and it s never been lifted. that s why they get to get ax wear with this. absolutely. the united nations one of the most corrupt groups in the world. i can t believe we fund them to this day. there is no reason to have them anymore because of this. a developing country is china. you know what we can learn from china, how to sell technology and how to suppress wealthy business excusives who build companies and they are disappeared and their companies