Toddsterpatriot
Diamond Member
- May 3, 2011
- 102,271
- 36,291
Forbes said Trump made them illiquid? Link?I guess you know more than Forbes huh?
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Forbes said Trump made them illiquid? Link?I guess you know more than Forbes huh?
Nothing Trump did made them illiquid.
Not even a tiny bit.
Do you ever get tired of being wrong?
Under Trump there was actually NEGATIVE INFLATION!
Prices were going DOWN.
View attachment 766213
U.S. Inflation Rate 1960-2023
That chart is only to 2021...2022 was DOUBLE THAT at 8.8%.
That's the highest it's been since another Democrat, Jimmy Carter, gave us 14% in 1979!
I was 7 years old.
"Star Wars" the original movie had been out for two years. The release of "The Empire Strikes Back" was still a year away.
The Golden Eagle Trans Am that "Smokey and the Bandit" made famous was brand new on showroom floors.
That's how long it's been since we've had 8.8% inflation.
Biden and the Democrats OWN inflation at these staggering levels.
![]()
deregulation lets them do risky things.
Ah...I see the difference now.Under Trump there was actually NEGATIVE INFLATION!
That's disinflation, not negative inflation (deflation).
Putin owns it. Our inflation is better than anywhere else DUHHH....Try reality.Do you ever get tired of being wrong?
Under Trump inflation was on a DOWNWARDS trajectory.
View attachment 766213
U.S. Inflation Rate 1960-2023
That chart is only to 2021...2022 was DOUBLE THAT at 8.8%.
That's the highest it's been since another Democrat, Jimmy Carter, gave us 14% in 1979-80!
I was 7 years old.
"Star Wars" the original movie had been out for two years. The release of "The Empire Strikes Back" was still a year away.
The Golden Eagle Trans Am that "Smokey and the Bandit" made famous was brand new on showroom floors.
That's how long it's been since we've had 8.8% inflation.
Biden and the Democrats OWN inflation at these staggering levels.
*This post has been edited to reflect the erroneous casting of the inflation rate as negative and rewritten to clarify that inflation was rising at lower rate than the previous year for two consecutive years, but was not negative, which would require an inflation rate below zero.
It’s a mere claim.Hey dipshit...they had a liquidity problem. And liquidity problem occurred because of the change in regs that Trump signed off on.
That's just a fact
Putin owns it. Our inflation is better than anywhere else DUHHH....Try reality.
Democrat philosophy of responsibility...Putin owns it. Our inflation is better than anywhere else DUHHH....Try reality.
Yep, they had a liquidity problem, but it was due to a stupidity problem...dumbass.Hey dipshit...they had a liquidity problem. And liquidity problem occurred because of the change in regs that Trump signed off on.
That's just a fact
Is that anything like when democrats forced banks to make loans to people who couldn't afford to make the payments?Hey dipshit...they had a liquidity problem. And liquidity problem occurred because of the change in regs that Trump signed off on.
That's just a fact
WTF?And you still haven't figured it out yet.
NO, because no one forced banks to loan $$$ to ANYONE and loans weren't even the issue.Is that anything like when democrats forced banks to make loans to people who couldn't afford to make the payments?
In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.NO, because no one forced banks to loan $$$ to ANYONE and loans weren't even the issue.
No you haven't figured it outWTF?
YOU'RE the one questioning whether the banks having enough $$$ in reserve is enough, for a run by customers.
A bank failed, then you claim I haven't figured it out?
Everything that goes wrong in the entire universe is always Trump’s fault. Joe Biden and the Democrats are blameless.I want to share with you an article that explains how Trump's deregulation led to the collapse of Silicon Valley Bank, one of the largest banks in the country. The article is here: How Trump’s Deregulation Sowed The Seeds For Silicon Valley Bank’s Demise
The article says that Trump signed a law in 2018 that weakened the rules for banks that were put in place after the 2008 financial crisis. The law was called the Economic Growth, Regulatory Relief and Consumer Protection Act (S.2155), but it did not protect consumers at all. It allowed banks like Silicon Valley Bank to take more risks with their money and hide their problems from regulators.
The law was supported by most Republicans and a minority of Democrats who were fooled by the bank lobbyists. Most Democrats voted against it The Senate passed it by a vote of 67-31, with 16 Democrats voting for it. The House passed it by a vote of 258-159, with 225 Republicans and 33 Democrats voting for it. Trump signed it into law on May 24, 2018.
Now we are paying the price for this Trump law. Silicon Valley Bank failed because it gambled on risky loans and investments that went bad. It also lied about its financial health and hid its losses from regulators and investors. The bank's failure caused a lot of damage to the economy and hurt millions of customers, employees and shareholders. This is why we need to hold Trump and his allies accountable for their actions.
They sold us out to the big banks and put our economy at risk. We need to repeal this law and restore strong regulations for banks that protect consumers and prevent another crisis.
WTF?No you haven't figured it out
NOT everything, some things Trump never got around to fuck it up.Everything that goes wrong in the entire universe is always Trump’s fault. Joe Biden and the Democrats are blameless.
So................"Added pressure" isn't FORCING.In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods.
Follow @TIME
© 2019 TIME USA, LLC. All rights reserved.
![]()