Charles Payne on Silicon Valley Bank Bailout: 'This Is a Bailout of the Elites'

Rumble ^ | Charles Payne

[cuz1961]

https://rumble.com/v2cydo2-charles-payne-on-silicon-valley-bank-bailout-this-is-a-bailout-of-the-elite.html

Video at link

Runtine 2 min 58 sec

[Hambone 1934]

There are the elites ...Annnd then the rest of us....

[entropy12]

IT IS A BAILOUT accompanied by word salad.

When will the government stop spending tax payer money to bailout incompetent managements at banks and corporations?

[TLI]

“’This Is a Bailout of the Elites’”

Is there any other kind?

.

[G Larry]

Its a bailout of DNC donors.

[blackdog]

A key piece of data I’m looking for is the average account value. # of deposits value vs. # of accounts. I suspect something very fishy.

[no-to-illegals]

We must never allow the elites to run out of our money when the elites make stupid decisions ….. must be a quote from a congresscritter

[FreeReign]

Too elite to fail.

Too CCP to fail.

SVB is both.

[Night Hides Not]

There will be a remarkable similarity on a list of SVB depositors and a list of contributors to Biden and the DNC.

[TiGuy22]

“’This Is a Bailout of the Elites’”

Is there any other kind?

.

Republicans ought to just hammer this. Like “tax cuts for the rich”. But they won’t. Might intrude on their tee time.

[Major Matt Mason]

Its a bailout of DNC donors...

...that openly despises and is undermining the very country that is bailing them out.

[Alberta's Child]

I’m no fan of bailing out wealthy people, but this is more complicated than that. These reports make it sound like all of SVB’s depositors are wealthy individuals with millions of dollars in savings accounts that are subject to a $250,000 FDIC cap.

The bigger risk here involved all the business accounts holders who had to pay their bills this week just to keep their doors open.

[no-to-illegals]

Americans are on planet elite …. All for elites never for the taxpayers

[dblshot]

Reckon there is 10% for the big guy in the bail out? Even bail bondsman get 10% for posting bail.

[Sarah Barracuda]

Its a bailout for their Dem donors..if they were GOP donors they would let them ROT..the left is always screaming for the rich to “Pay their fair share” but when the rich need help here comes the left to bail them out, the same rich that they supposedly despise I guess it pays to give money to all the right places

[Tell It Right]

The bigger risk here involved all the business accounts holders who had to pay their bills this week just to keep their doors open.

I respectfully disagree. An even bigger risk is that bailing them out would keep real life lessons from being learned by the businesses that put all their eggs in one basket (i.e. all of these tech and startup firms "saving" money in a bank that invests in almost nothing but other techs and startups and U.S. treasuries). The same for the people running the "bank" not learning their lesson on diversifying.

Bail them out and we have a lot more of the same. Don't bail them out and lessons are learned, even if painfully.

[Alberta's Child]

If your company has even just 50 employees, it probably needs a minimum of $250,000 in a liquid account just to cover its payroll every two weeks.

The Ford Motor Company (just one example) has 88,000 employees in the U.S. Is that company supposed to pay its employees out of 1,800-2,000 separate bank accounts?

[ronnie raygun]

Part of the scam DNC laundering machine

[faithhopecharity]

What other kind of bailout is there ?

[thegagline]

If your company has even just 50 employees, it probably needs a minimum of $250,000 in a liquid account just to cover its payroll every two weeks. The Ford Motor Company (just one example) has 88,000 employees in the U.S. Is that company supposed to pay its employees out of 1,800-2,000 separate bank accounts?

Open an account that is part of the Depositors Insurance Fund.

Avail yourself to the IntraFi Network Deposits Program. Hope that helps.