As surely as I can believe you type your posts while mouth-breathing and window-licking. Multi-tasking is grand.Could you believe Trump golfed as President while we had homeless in the nation?
Whatever...As surely as I can believe you type your posts while mouth-breathing and window-licking. Multi-tasking is grand.
That’s because the addled can discuss only “Trump!!”.Whatever...
I''m outraged the President golfed while we had homeless people.
I think the temporary thing that was done with the banks should be made a permanent fixture.Among those things that can NOT be changed by choosing between R & D:
https://wallstreetonparade.com/2023/03/at-year-end-jpmorgan-chase-held-over-1-trillion-in-uninsured-deposits-versus-119-billion-at-first-republic/
"Last Thursday, news hit the wire services that Dimon had lined up 11 banks willing to place $30 billion in uninsured deposits into First Republic Bank. JPMorgan Chase, Bank of America, Citigroup and Wells Fargo each ponied up $5 billion – or two-thirds of the $30 billion.
"The Federal Deposit Insurance Corporation (FDIC) caps federal deposit insurance at $250,000 per depositor, per bank..."
"Today, a headline appears at Bloomberg News that provides a big clue as to what Jamie Dimon’s frantic obsession with First Republic Bank is really about, that is, use a collapsing regional bank to get Treasury Secretary Janet Yellen on board to push for a government guarantee on all deposits, insured and uninsured, at all FDIC banks.
"By framing this as coming to the rescue of regional banks, rather than another crony bailout of the unaccountable mega banks on Wall Street, Jamie Dimon doesn’t have to explain to his compromised Board of Directors why 69 percent of the bank’s deposits were uninsured at year end. (See: If You’re Baffled as to Why JPMorgan Chase’s Board Hasn’t Sacked Jamie Dimon as the Bank Racked Up 5 Felony Counts – Here’s Your Answer.)"
I'm not 100% sure, but I think those rescue funds are coming from the bank's depositors, not bank profits.Let them build their own pooled rescue fund from bank profits. Contributions should be mandatory and let them make the standards for member stress testing. If their own money is on the line they'll likely have higher standards than even the govt.
Then force them to start a fund that uses their profits.I'm not 100% sure, but I think those rescue funds are coming from the bank's depositors, not bank profits.
As 'Tiger' ObamaCould you believe Trump golfed as President while we had homeless in the nation?
Will never be reality"and we get “Trump!!!”
You get Trump because he is the leader of the Republican Party and his short, fat fingers are in everything. You get Trump because he can't let go of losing the 2020 election and he will be the 2024 GOP POTUS nominee.
Who's fighting for relevance?Never change, media…and never obviate from media narrative, PJ.
Who’s president again?
Never mind. Enjoy the conga line.
The MAGAs are just like him. The left/Dems/progressives are nothing like him. The bothsiderism is bullshit.Probably because they are just like him.
The FIRE sector owns government, so I don't see how we can force congress to privatize their losses if we continue "choosing" between Republican or Democrat in the voting booth?Then force them to start a fund that uses their profits.
They share the risk between themselves instead of having everyone else share it.
Because they sure as hell don't share the rewards with everyone else.
Nope. The hyper-political, amoral, “it-worked-didn’t”, “do-whatever-it-takes”, zero-reflection folks are indeed just like him. That they are so pathologically incapable of humility and self-awareness that they will not recognize it is irrelevant.The MAGAs are just like him. The left/Dems/progressives are nothing like him. The bothsiderism is bullshit.
This thread isn’t about you, write on.Who's fighting for relevance?
Public outrage is stronger.The FIRE sector owns government, so I don't see how we can force congress to privatize their losses if we continue "choosing" between Republican or Democrat in the voting booth?
https://seekingalpha.com/article/251405-embrace-the-fire-economy
Public outrage is stronger.
Let the public lose a lot of their bank savings and then see how much sway the
FIRE has.