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First Thing We Do, Let’s Blame ‘Deregulation’

Original Article

Posted By: RockyTCB, 3/14/2023 5:31:59 AM

Whenever a disaster strikes, you can bet that a story will soon appear blaming “deregulation.” So it was in the immediate aftermath of the train derailment in East Palestine, Ohio. And so it is now with the collapse of Silicon Valley Bank. Before most people even knew what had happened over the weekend, the left was blaming President Donald Trump. Sen. Elizabeth Warren, in an op-ed published in Monday’s New York Times, said that a bill Trump signed in 2018 that tweaked some banking rules was responsible for SVB’s failure. “Had Congress and the Federal Reserve not rolled back the stricter oversight, SVB and Signature

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Reply 1 - Posted by: FJB 2022 23 24 3/14/2023 5:43:44 AM (No. 1424484)
The first thing they do is blame Trump, it is NOT Trump a**s*oles, it is Joe Biden who is responsible for ALL the economic mess, starting the day he took office. FJB
22 people like this.

Reply 2 - Posted by: ARKfamily 3/14/2023 6:14:25 AM (No. 1424494)
I guess I have to state the obvious. Sheesh, you would think that signing it in 2018, the consequences would have been noticeable in 2019 and 2020. So it waited until 2023?
10 people like this.

Reply 3 - Posted by: Richard from Norwood 3/14/2023 6:42:37 AM (No. 1424505)
Anyone who even listens to Lizzy Warren is not able to even try to reason. Just like most illiterates within Taxatwoshits!!!
6 people like this.

Reply 4 - Posted by: FleetUSA 3/14/2023 6:59:29 AM (No. 1424513)
Never enough regulations for Fauxchahontas.
4 people like this.

Reply 5 - Posted by: petrichor 3/14/2023 7:07:57 AM (No. 1424515)
Trump talked to one Barney Frank before changing the regs on the Dodd-Frank bill.
1 person likes this.

Reply 6 - Posted by: privateer 3/14/2023 7:49:16 AM (No. 1424536)
Agreed, 1, job one is ALWAYS blame Trump. Job 2 is: what specifically about the current crisis is Trump's fault. Move from the general to the specific. When it comes to lying and deception, they are methodical and effective.
3 people like this.

Reply 7 - Posted by: Clinger 3/14/2023 8:07:37 AM (No. 1424549)
Regulations are the leather straps and chains that connect government and big business in one big happy inbred fascist family. I want to know one thing. What regulation was rolled back that would have applied that would have prevented the maturity mismatch that created the insufficient lack of liquidity?
5 people like this.

Reply 8 - Posted by: jimincalif 3/14/2023 8:23:23 AM (No. 1424559)
This went down awfully fast, and without a prearranged buyer as in so many prior bank takeovers. It’s almost as if The Narrative producers are trying to distract us from some other news. What could that be? J6 tapes? Biden on CCP payroll? Covid origin narrative falling apart? Federal agencies actively promoting censorship? It was all getting to be too much, let’s preempt with a good old fashioned bank failure.
6 people like this.

Reply 9 - Posted by: paral04 3/14/2023 8:33:31 AM (No. 1424568)
Those genius's at the banks made the idiotic decision to make long term investments in a almost zero interest paying instrument. With Biden and his merry band of iditols caused inflation which makes those instruments useless as far as income is concerned. The more the Fed raises interest rates the worse it will be for investors who did the same thing. Blame the Biden Administration and the schools from which these fools graduated.
7 people like this.

Reply 10 - Posted by: chagrined 3/14/2023 10:04:40 AM (No. 1424666)
Commie rats doin' what commie rats do. That is, screw everything up royally, then when cover is needed for the current commie regime's corruption/misdeeds, blame Trump, Reagan, any Conservative or even rinos via the lickspittle "press" to spread whatever heinous lie any leftist can think of to distract the sheeple from hearing about very important, even treasonous, activity by the commies. There doesn't seem to be any reason to change the above template. For example, I know an individual (not the only one), who has satellite tv. She lost the local channels recently so she couldn't ingest her normal steady diet of many of the usual MSM suspects, and ended up watching Fox News. She then told me "Fox News doesn't EVEN hide their bias". I told her, "Did you ever consider the other channels might be the biased ones?" Not quite a blank stare came back in response, along with no uttered answer. The msm is likely the main problem in this country, especially since so many cannot wean themselves from their fetid teat.
3 people like this.

Reply 11 - Posted by: Strike3 3/14/2023 11:09:58 AM (No. 1424743)
"It's Trump's Fault" has been the go-to excuse ever since he entered the 2016 election and stole it from Sir Edmund the Great. After four years, Trump expanded his legacy of destruction from Russia and the Ukraine to every action taken by Joe Biden after attempting to smear Poor Old Joe with his accusations of a stolen election. 81 million people voted for Joe and ten of them would vote for him again.
1 person likes this.

Reply 12 - Posted by: mifla 3/15/2023 5:38:07 AM (No. 1425530)
I used to work for a manager who took all the credit when things were good and blamed everyone else when the stuff hit the fan.
2 people like this.

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