[ad_1]
COMMENT #1: Marty; Thanks a lot to your warning on the WEC that we’d now face a banking disaster with rising charges into 2024. You’re all the time to this point forward of the pack. Stay ceaselessly – please!
KQ
REPLY #1: Thanks, however that will sentence me to perpetual taxation indefinitely. No thanks.
COMMENT #2: Hey. I learn your FREE weblog as a result of I’m poor.
Would you please cease posting PRIVATE stuff and submit stuff that us peons can learn?
Thanks kindly.
Ms. Terri
REPLY #2: My concern is since we forecast this final 12 months, they are going to solely blame me. That weblog is simply $15 a month, however it’s blocked by Google so it’s extra free speech when you get my drift. I easy MUST be guarded in what I say publicly as a result of they merely all the time view me as having an excessive amount of affect.
I’ll provide this suggestion to the Biden Administration for in the event that they DO NOT heed my warning, our forecast will likely be devastating. The Biden Administration MUST stand behind ALL deposits – not the $250,000 FDIC restrict. If they don’t, small companies will pul; extra money from banks, swap to 30-day T-Payments at a brokerage home, and say screw the FDIC and the Biden Administration’s anti-rich (small enterprise which employs 70% of the workforce).
The compromise right here is that we want a shotgun marriage ceremony the place a bigger financial institution takes over SVB on the uncooked value of the deposits. The shareholder loses, however ALL depositors are coated. Any worth of the shares needs to be attributed to tangible property solely, not goodwill. You’ll penalize your “hated wealthy” and even the small companies will likely be saved. If not, you’ll wipe out quite a few companies that can’t even pay workers. That can set off a contagion when you attempt to uphold your hatred of the “wealthy” when you pour cash into essentially the most corrupt authorities on this planet.
After all, SVB can merely declare they “determine” as a Ukrainian Financial institution after which every little thing can be coated proper all the way down to the pensions of the CEO.
[ad_2]
Source link
