So likeable, but without an original thought in her pretty little head.
You’re suggesting Newsome was in the right when he chose not to disclose his holdings at SVB while simultaneously using his power/influence to help secure bailout money for depositors?
I mean I’m sure Oprah and Prince Harry are appreciative….
The Throbber got his money back and its being laundered through Ukraine transferred to a more conservative institution . Ka ching. Thanks, comrades suckers.
@UW_Doog_Bot may have a different economic take - but even though this outcome is personally advantageous, the law of unintended consequences will kick in.
Backstopping depositors funds, the government has given the banks a never-ending supply of coins for their fuckery.
By way of analogy, if a casino gambler KNEW he would always have his stake, he'd keep making riskier and riskier bets. Until such time that the risk of the bet far outweighed the reward which is essentially where SVB found itself.
amirite or no?
I'm generally against moral hazard.
Unsurprisingly Joey fucked this all up and took a non-issue and made it a huge issue. I'm sure his elite donors are appreciative though.
Is there a doubt from anyone other than @HHusky this was done along partisan lines?
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Why do you cape for these people? The amount of water you carry for Gavin Newsome and Joe Biden has to be overwhelming😂
He had personal monies tied up in the bank (asset) he was lobbying government to save.
If Trump was doing that you might shoot a cow out of that twat of yours.
What part of "he's a depositor" did you misunderstand?
I mean I’m sure Oprah and Prince Harry are appreciative….
I'm generally against moral hazard.
Unsurprisingly Joey fucked this all up and took a non-issue and made it a huge issue. I'm sure his elite donors are appreciative though.
Is there a doubt from anyone other than @HHusky this was done along partisan lines?