Stop the false narrative. It was necessary, but it is a bailout.

[egbertowillies]

Let’s get something straight. It was a bailout. We, the American people, bailed out a lot of rich investors who had deposits in Silicon Valley Bank.

https://egbertowillies.com/2023/03/18/stop-the-false-narrative-it-was-necessary-but-it-is-a-bailout/

[emulatorloo]

1. No taxpayer money involved. Bank 'bailouts' are funded by taxes that banks pay.

Additionally the investors were NOT bailed out. They lost all their money.

I can’t see your video because it is marked “private” so I don’t know what you said.

But please try to avoid inadvertently repeating false GOP points.

[egbertowillies]

2. This is not a GOP talking point. It is their doing!

[egbertowillies]

3. Sorry. The video is up now

[emulatorloo]

4. Thanks for update. No need to apologize, stuff happens.

[MichMan]

5. Yep, FDIC guarantees $250k in deposits

Administration is guaranteeing 100% of anything over & above that amount on top of the FDIC rules