Biden-SVB: Free market resolve an ordinary bank collapse? NO. Nationalize SVB, using tax money to ensure loot for their campaign donors. TREASON.

Posted by freedomforall 1 year, 1 month ago to Politics
4 comments | Share | Flag

Excerpt:
"Instead of spending taxpayer dollars to nationalize Silicon Valley Bank, a private buyer favored by the Treasury and the Federal Reserve had emerged, only to be nixed by FDIC Chairman Martin Gruenberg, according to the Wall Street Journal, citing a source with knowledge of the situation.



Kevin Hassett, former Chairman of the Council of Economic Advisers under Trump, told Fox Business that "there were buyers who were willing to step in & buy [SVB, but] the radicals at the @FDICgov basically weren’t going to allow that to happen ... the Biden Admin had a whitelist of companies that were allowed to buy the failed bank & companies that weren’t.""

And simultaneously it creates turmoil to justify a new digital-only currency for the Deep State to completely control.
DC. NIFO.
SOURCE URL: https://www.zerohedge.com/political/another-scandal-biden-admin-radicals-blocked-svb-sale-nationalized-it-then-blamed-trump


Add Comment

FORMATTING HELP

All Comments Hide marked as read Mark all as read


FORMATTING HELP

  • Comment hidden. Undo