Here we go again another criminal bank bailout. Don’t even try and argue that the SVB bailout isn’t a bailout. You can tell it’s a bailout from all the frantic explanations the Biden gang is pushing telling us how giving funds, way over FDIC deposit insurance limits, to deposit holders in 2023 fundamentally differs from … Continue reading Some Modest Proposals for SVBish Bank Bailouts
Tag: bank bailouts
Bitcoin is a Perfect Protest
The most intelligent comment I have read about Bitcoin is that it’s a perfect protest. Bitcoin went live in 2009 shortly after the 2008 financial crisis. The 2008 crisis was a defining moment. Prior to that date I believed that the US government, despite its obvious warts, short comings and long checkered history was still … Continue reading Bitcoin is a Perfect Protest