The economy comes crashing down

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Re: The economy comes crashing down

Will the Repubicains Congress stepup and do anything

My guess is NOPE

[BillyCarpenter]

Re: The economy comes crashing down

By the time the election gets here, the democrat party will be very unattractive for most Americans.

[slimslob]

Re: The economy comes crashing down

Horowitz: With the impending bank bailout and stagflation trap, it’s time to clip the wings of the Federal Reserve - TheBlaze

[slimslob]

Re: The economy comes crashing down

CONTAGION SPREADS: Trading Halted in Over 30 Banks After Shares Fell By Up to 75%

[BillyCarpenter]

Re: The economy comes crashing down

CONTAGION SPREADS: Trading Halted in Over 30 Banks After Shares Fell By Up to 75%

We're now in the Bidenflation Banking Crisis.

[bsm2]

Re: The economy comes crashing down

By the time the election gets here, the democrat party will be very unattractive for most Americans.

Hilarious

[bsm2]

Re: The economy comes crashing down

We're now in the Bidenflation Banking Crisis.

Will the Repubicains in Congress do anything

Yep Nothing

You must be so happy with the Trump Administration deregulation of banks and not improving brakes on trains.

Yep your chickens have come home to roost

And your whole election Fraud was a complete scam

[copiertec]

Re: The economy comes crashing down

US Debt 2023.jpg

[bsm2]

[bsm2]

Re: The economy comes crashing down

[BBM]

Re: The economy comes crashing down

[COLOR=var(--primary-text-color)]Signature Bank, which regulators shut down Sunday.[/COLOR]
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[COLOR=var(--primary-text-color)]Part of what former President Donald Trump signed into law in 2018 raised the asset threshold to $250 billion, meaning Signature and other regional banks no longer needed to comply with the extra regulation set out in Dodd-Frank.
[COLOR=var(--primary-text-color)]After the bill was signed, New York-based Signature more than doubled in size to $110 billion in assets, and $88.6 billion in deposits as of the end of 2022. The stricter requirements, had they been in place, might have prompted bank executives and their overseers to move more quickly to place the lender on sounder financial footing, some industry observers say.



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[slimslob]

Re: The economy comes crashing down

[COLOR=var(--primary-text-color)]Signature Bank, which regulators shut down Sunday.[/COLOR]
[COLOR=var(--primary-text-color)][/COLOR]

[COLOR=var(--primary-text-color)]Part of what former President Donald Trump signed into law in 2018 raised the asset threshold to $250 billion, meaning Signature and other regional banks no longer needed to comply with the extra regulation set out in Dodd-Frank.
[COLOR=var(--primary-text-color)]After the bill was signed, New York-based Signature more than doubled in size to $110 billion in assets, and $88.6 billion in deposits as of the end of 2022. The stricter requirements, had they been in place, might have prompted bank executives and their overseers to move more quickly to place the lender on sounder financial footing, some industry observers say.



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As for Barney Frank, did you know that he once had a gay assistant who was running a prostitution ring out of Barney's Washington DC apartment. Frank claimed he got suckered into. Here is Rush Limbaugh's Barney Frank update theme.

[slimslob]

Re: The economy comes crashing down

US banks have well over $1 trillion of uninsured deposits. Signature Bank was among the most exposed.

[slimslob]

Re: The economy comes crashing down

BIDEN'S BANKING CRISIS: At the 11th Hour, Regulators Will Protect All Silicon Valley Bank Depositors - Geller Report

But who is going to protect al the tax payers?

[slimslob]

Re: The economy comes crashing down

Liberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan bill | Fox Business