New bill would repeal the horrible bank law signed by Trump 5 years ago

SVB was one of the banks which lobbied the GOP to exempt them from stress tests and capital requirements.

Once they go what they wanted, they massively loaded up on interest rate risk.

Boom!

There is at least $16 trillion of interest rate risk in government bonds out there right now, and god knows how many more trillions of dollars of interest rate risk in corporate bonds.

And that's just counting the US. Globally, it's anyone's guess, which is why the Saudis have pulled out of Credit Suisse.
So even with Obama claiming to push the Citizens United campaign, to stop corporate interests from abusing personhood to override limits on campaign financing,

Liberals whose own Democratic Party interests at SVB "pushed the GOP to loosen regulations" so they could donate and redirect millions without scrutiny,
NOW want to blame "Trump and GOP"?

Admitting (1) that SVB interests pushed for this so they could take advantage
(2) the SVB used that capital largely to fund finance and donate to their own political allies and interests , now charges to taxpayers expense to pay for.

Of these 3 steps, 2 being SVB and 1 blamed on GOP, the liberal Democrats want to project all blame on Republicans:

Is there any acknowledgement of the other areas that SVB was engaged in?

Sounds like Jan 6 all over again: forget all the people who didn't break any laws, and take just the parts out of context that can be blamed on Trump and other supporters, and paint the whole picture using that brush. Really?
 

Forum List

Back
Top