Sat Mar 18, 2023, 05:39 PM

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

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/

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5 replies	Author	Time	Post
Stop the false narrative. It was necessary, but it is a bailout. (Original post)	egbertowillies	Saturday	OP
No taxpayer money involved. Bank 'bailouts' are funded by taxes that banks pay.	emulatorloo	Saturday	#1
This is not a GOP talking point. It is their doing!	egbertowillies	Saturday	#2
Sorry. The video is up now	egbertowillies	Saturday	#3
Thanks for update. No need to apologize, stuff happens.	emulatorloo	Saturday	#4
Yep, FDIC guarantees $250k in deposits	MichMan	Saturday	#5

Response to egbertowillies (Original post)

Sat Mar 18, 2023, 05:56 PM

emulatorloo (41,142 posts)

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.

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Response to emulatorloo (Reply #1)

Sat Mar 18, 2023, 06:15 PM

egbertowillies (3,804 posts)