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Thread: Biden just nationalized the banks.

  1. #11
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    Dr. Who's Avatar Advisor
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    Quote Originally Posted by RMNIXON View Post
    That was a 2018 Vote to reform Frank and Dodd (2010), not this current move by Biden. However I concede that bailing out and overprotecting banks has been a bipartisan activity.
    There are many saying that said 2018 reform is responsible for the current situation.
    In quoting my post, you affirm and agree that you have not been goaded, provoked, emotionally manipulated or otherwise coerced into responding.



    "The difference between what we do and what we are capable of doing would suffice to solve most of the world’s problems.”
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    carolina73's Avatar Senior Member
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    Quote Originally Posted by Dr. Who View Post
    There are many saying that said 2018 reform is responsible for the current situation.
    Many excuse makers are good at doing that. They say Biden is not responsible for anything. Just like the BootyGay train that derailed in E. Palestine. But who would have ever confused BootyGay as being manly and knowing the difference between bearings and brakes. Who would have ever thought he would have checked the train classification before shooting off his mouth.

    This is Democrat 101. Lie; then be backed up by the MSM until the story reaches 2 weeks; then never correct the record after the story leaves the front page.
    Let's go Brandon !!!

  3. The Following User Says Thank You to carolina73 For This Useful Post:

    Chris (03-14-2023)

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    Quote Originally Posted by Hoosier8 View Post
    Power is as power does but was there a vote? Some think there is a big difference between R and D but almost all are there because they like power and enrichment.
    The parties are two sides to the same coin!

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    I wouldn't go so far as to say the banks are nationalized, but it brings up an interesting point. If the government controls the banks, they can deny you banking services if you don't toe the government line, something many on the left have been wanting to do for awhile now.


    Quote Originally Posted by carolina73 View Post
    Many excuse makers are good at doing that. They say Biden is not responsible for anything. Just like the BootyGay train that derailed in E. Palestine.
    Well remember, Biden is the only political figure who is actually a conductor. Are we sure he wasn't at the throttle?
    "Look into my eyes - I guarantee you - I guarantee you we are going to end fossil fuels" - Joe Biden

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    Quote Originally Posted by Dr. Who View Post
    The was the "2018 overhaul of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act" which was "President Trump's 2018 decision to loosen banking rules enacted in the wake of the 2008 financial crisis."
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    Quote Originally Posted by Dr. Who View Post
    There are many saying that said 2018 reform is responsible for the current situation.
    Many liberals. Republicans point to SVB's focus on diversity, equity and inclusion initiative.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    carolina73's Avatar Senior Member
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    Quote Originally Posted by Omar View Post
    I wouldn't go so far as to say the banks are nationalized, but it brings up an interesting point. If the government controls the banks, they can deny you banking services if you don't toe the government line, something many on the left have been wanting to do for awhile now.



    Well remember, Biden is the only political figure who is actually a conductor. Are we sure he wasn't at the throttle?
    And now we find out that SVB was funneling money to Democrats campaigns and BLM. The had only one banker on their BOD and she was from Obama's Treasury Dept.

    Sounds like an another FTX instead of a bank.

    But don't worry because Maxine Waters spoke out to give us confidence. LOL
    Last edited by carolina73; 03-15-2023 at 07:38 AM.
    Let's go Brandon !!!

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    Quote Originally Posted by Dr. Who View Post
    There are many saying that said 2018 reform is responsible for the current situation.
    It isn't- a Biden official admitted as much. The current problem is two things:
    1. gross mismanagement
    2. current fiscal and monetary policy
    ΜOΛΩΝ ΛΑΒΕ


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    Quote Originally Posted by Mini Me View Post
    The parties are two sides to the same coin!
    Not anymore- since the progressives gained so much power in the Dem party.
    ΜOΛΩΝ ΛΑΒΕ


  11. #20
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    Quote Originally Posted by Chris View Post
    The was the "2018 overhaul of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act" which was "President Trump's 2018 decision to loosen banking rules enacted in the wake of the 2008 financial crisis."
    A bipartisan vote due to Dodd-Frank overregulation killing small banks. It had nothing to do with what happened at SVB no matter what Warren claims and according to Barney Frank that was on the board blamed it on bitcoin.
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