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yardwork

(69,693 posts)

4. I read that Trump-era deregulation allowed this.

Reply to usonian (Original post)

Sun Mar 12, 2023, 09:48 AM

Mar 2023

Katie Porter is talking about it. She said she knew this would happen when the Republicans pushed through a deregulation bill that allowed this high risk behavior.

This happens over and over. Republicans push through deregulation, the inevitable disaster occurs, and then we all pay. Meanwhile the billionaires sneak away with their money.

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More on Silicon Valley Bank. [View all] usonian Mar 2023 OP

This message was self-deleted by its author LudwigPastorius Mar 2023 #1

Inside information is a billionaire's stock and trade. rubbersole Mar 2023 #2

Thank you. This is a very succinct picture of a very filthy situation. Scrivener7 Mar 2023 #3

I read that Trump-era deregulation allowed this. yardwork Mar 2023 #4

Yes. The Republicans killed the safeguards and caused this Achilleaze Mar 2023 #5

The casino of America is responsible for this superpatriotman Mar 2023 #6

Yellen just reported there will be no federal bailout for SVB, watch the stock market on Monday! Shanti Shanti Shanti Mar 2023 #7

That's wonderful news! I can't stand the thought of rich people and corporations being bailed out liberal_mama Mar 2023 #8