Roger Miller

People don’t seem to realize how goverments spending money to reduce inflation is counter productive. It shows how gullible and economically illiterate their supporters are.

Developing countries will never advance if they keep letting their governments rack up these debts, whether they be to the west or China. Growth has to come organically through savings. The lending only serves to fund corrupt or wasteful governments.

I suspect the legislation will reign in some of the Dems misguided climate change policies but they are twisting it to seem as though it will increase costs. Also notice Biden’s use of the word could.

I wonder if vote harvesting from uninformed voters will br discussed? Biden and the Dems are experts at it, and making people believe it’s actually a good thing for democracy. Or how about vilifying your opposition or media control? Those are also good topics for discussion at their authoritarian/democracy summit.

With the huge growth in government it’s no surprise the economy can’t grow. Governments are taking a bigger and bigger slice of the economic wealth that’s needed for real investment and growth.

Yet China managed to float atleast one spy balloon over the US undetected. Obvious that Biden and the Dems don’t want to irritate China. Also obvious that China has little concern for this administration, for whatever reason.

Restricting a persons freedoms to earn a living is downright evil. Once more we see how socialist policies cater to a politically connected class, ultimately resulting in economic and social degradation.

Lol…you can rarely believe what any politician says, so when they use the word likely you know it’s entirely BS!

No one, including Iran, takes this administration seriously. They are a laughing stock to anyone outside North America and Europe, the media just won’t show it. Biden and his allies are isolating the west from the majority of the world.

First he drained the strategic oil reserves to the lowest level in decades, now he will do the same with deposit insurance. Looking more like the slow economic and social collapse caused by socialist policies.

Great example of how unions are just a waste of their members fees. The workers, especially the good ones, would be much better off without a union.

Something as important as air travel safety should be led by a well qualified person. Unfortunately exposing someone’s obviously lack of qualifications is considered a partisan attack, even though that is the purpose of these hearings. Appointing unqualified people is another way how left wing policies end in social collapse.

The cornerstone of the Fed as well. Them, the Treasury, and other regulators and bureaucrats make the rules and feed the system they’ve created.

You were right the first time, yes left. Everything you stated was an exagerated or over simplified explanation of the what was said or done, in order to scare and mislead people.You were right the first time, yes left. Everything you stated was an exagerated or over simplified explanation of the what was said or done, in order to scare and mislead people.

Because the financial system is designed and run by the Fed and other government regulators, the banks are just extensions of that system. Even if it was bad bank management, the Fed and regulators should have at least known before hand. This what you get when ever you havecnetral bankers running the show.

A lesson in relying on government for your well being.  Eventually coming to more countries since all entitlement programs are unsustainable.  Increased taxation to fund them only reduces the economic base the taxes are based on creating a downward spiral, no different than spending your capital, not just your returns.

Bizarre what is happening because banks were supposed to do better in a higher interest rate environment.  Decades of increased financial and banking regulation and we still have this mess. Maybe the problem is having a system designed and run by the government.  We need less government and real free markets.  Let them fail, that is how businesses and consumers learn, and will allow the best companies to rise to the top.

OPEC appears to do a better job at managing markets than the worlds central banks, especially when having to deal with the mess created by the latter.  That said, both are not needed as they serve the elites at the expense of all others.

Great, they are going to create an even larger entity that will require a taxpayer bailout in the future, leading to the entire nationalization of the banking industry, aka communism.  Time to let true free market capitalisim work and let the necessary destruction needed happen.  Customers and businesses don't learn when governments try to protect them and bail them out when they inevitably fail at protection.

All our entitlement programs are unsustainable, not just in France.  The economies can't support them, even more now after the authoritarians in power around the world shut down their wealth generating, productive economies in a misguided shotgun response to the pandemic.  People need to realize that politicians and bureaucrats are not as smart as they or their supporters like to believe.  Many of us don't want or need them to be our nannies

China will do what it wants, her visit is just political theatre that China is going along with. Lenders to developing countries primarily prop up corrupt governments at their citizens expense.

I guess the government money and taxpayer money is two separate things according to Biden since he said there would be no cost to the taxpayer.  This banking crisis is just one more casualty of the politicians and bureaucrats ill conceived pandemic policies.  Many were warning that shutting down the economy would not end well, but they were ignored by authoritarian politicians and their economic illiterate followers.

Many knew what the government and Fed did in response to the government shutting down the economy would not end well. They were just ignored. Just like the guys that warned about Madoff.

The Twitter files make it obvious all the platforms were silencing him as well as other conservatives in favour of the left wing Democrats, not because of inciting. The left has been blatantly inciting on the platforms without being silenced. The tech companies have set a bad precedent which could now be used against anyone’s views.

That’s a pretty good rating for a bank that would have failed if not for a government bailout. This is not free market capitalism, it’s crony capitalism. Not much different than communism, just a different label, but the same elites running the show, and ultimately leading us to a massive societal failure.