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Nardi
PostPosted: Sun Mar 12, 2023 2:49 pm 
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Joe Orr Road Rod wrote:
Of course we're going to bail out SVB. They're holding all the Climate Change money.

:lol:
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Rod
PostPosted: Sun Mar 12, 2023 3:13 pm 
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Nardi wrote:
Joe Orr Road Rod wrote:
Of course we're going to bail out SVB. They're holding all the Climate Change money.

:lol:




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This Ends in Antioch
PostPosted: Sun Mar 12, 2023 4:09 pm 
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Something named David Sacks apparently has a line on people who love bank bailouts.

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Nardi
PostPosted: Sun Mar 12, 2023 4:43 pm 
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This Ends in Antioch wrote:
Something named David Sacks apparently has a line on people who love bank bailouts.

Same ol' scare tactics......but they still work.
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denisdman
PostPosted: Sun Mar 12, 2023 5:59 pm 
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Nardi wrote:
Joe Orr Road Rod wrote:
Of course we're going to bail out SVB. They're holding all the Climate Change money.

:lol:


Welp good call Jorr….bailed out two banks already. Bad move.

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The Missing Link
PostPosted: Sun Mar 12, 2023 6:26 pm 
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The Missing Link wrote:
This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
Franky T wrote:
Good for Link and anyone else who has a pension. They got over on the rest of us. No hard feelings here. Enjoy it.

I’d just rather they cover their shortfalls with their own tax money rather than try to reach into my pocket.

And I'd much rather that Corporations do the same as well. Which "WE" in the Public Sector know that they would NEVER do!

To take it a step further. The Stock Market (Which MANY are currently "whining" about) would collapse tomorrow if the "evil" Govt stopped subsidizing it.
That 401k plan of yours goes bellyup the second the Govt stops funding it with the hard earned money of American taxpayers. Ironically no one ever quite seems to "know" or ever "admit" this.

I’d agree that people don’t know that the government funds 401k plans. Mostly because it’s nonsense, but I suppose it’s technically correct to say people don’t know it.

That said, what do you think would happen to your pension plans if the stock market collapsed? Your guy is whining that Vallas didn’t use enough taxpayer money to invest in the market on your behalf. What happens to the suddenly concerning funded radio if the numerator shrinks that much more?


You're sort of clueless so let me say this. The stock market has been funded by the Gov't for decades. When it collapses or is about to collapse the Gov't "primes the pump" as a way of jumpstarting it. Which is nothing more than a subsidy. 401k plans are heavily tied to the stock market. Which means they are tied to the Govt. There is nothing "nonsensical" about it unless you are clueless to begin with.

Yep!
U.S. says ‘all’ deposits at failed bank will be available Monday

https://www.washingtonpost.com/us-polic ... -deposits/

Quote:
The Biden administration announced Sunday night that all depositors at the failed Silicon Valley Bank would have access to all their money on Monday morning, approving an extraordinary intervention aimed at averting a crisis in the financial markets.
Authorities said they were also extending protection to depositors of a second bank, Signature Bank of New York, which state regulators closed on Sunday as unease in the financial sector appeared to spread. Separately, the Federal Reserve announced that it was creating a new lending facility for the nation’s banks, designed to buttress them against financial risks caused by Friday’s collapse of SVB


We have seen this move too often ever believe or know otherwise.

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Frank Coztansa wrote:
Again, your comprehension needs work.


Last edited by The Missing Link on Mon Mar 13, 2023 6:53 am, edited 3 times in total.

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This Ends in Antioch
PostPosted: Sun Mar 12, 2023 6:28 pm 
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They’re depositing money into 401ks again!

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denisdman
PostPosted: Sun Mar 12, 2023 6:29 pm 
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It’s terrible. Moral hazard. It was going to cause chaos, but it would teach people a lesson. Once again, the government is creating bigger problems than it solves.

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The Missing Link
PostPosted: Sun Mar 12, 2023 6:37 pm 
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denisdman wrote:
It’s terrible. Moral hazard. It was going to cause chaos, but it would teach people a lesson. Once again, the government is creating bigger problems than it solves.


They know that they will always be bailed out no matter what. As stated on numerous occasions if the Govt ever pulls out of the private sector it would collapse in no time.

The notion that "WE" live in a "Capitalist" country has always been a sham Denis. The "invisible hand" of Govt has been "guiding" it from the very beginning.

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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Nardi
PostPosted: Sun Mar 12, 2023 6:49 pm 
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denisdman wrote:
Nardi wrote:
Joe Orr Road Rod wrote:
Of course we're going to bail out SVB. They're holding all the Climate Change money.

:lol:


Welp good call Jorr….bailed out two banks already. Bad move.

Hardly shocking.
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Rod
PostPosted: Sun Mar 12, 2023 8:38 pm 
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denisdman wrote:
It’s terrible. Moral hazard. It was going to cause chaos, but it would teach people a lesson. Once again, the government is creating bigger problems than it solves.



This entire thing is government engineered in the first place. The failure of SVB stems from the government plan to use FTX to destroy Bitcoin. Up next: U.S. CBDC.

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Nardi
PostPosted: Sun Mar 12, 2023 8:45 pm 
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Joe Orr Road Rod wrote:
denisdman wrote:
It’s terrible. Moral hazard. It was going to cause chaos, but it would teach people a lesson. Once again, the government is creating bigger problems than it solves.



This entire thing is government engineered in the first place. The failure of SVB stems from the government plan to use FTX to destroy Bitcoin. Up next: U.S. CBDC.


Ah, you read what Hoskinson said too, huh? Even if it isn't true, it's a good way to coalesce crypto true believers.
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Rod
PostPosted: Sun Mar 12, 2023 8:52 pm 
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Nardi wrote:
Joe Orr Road Rod wrote:
denisdman wrote:
It’s terrible. Moral hazard. It was going to cause chaos, but it would teach people a lesson. Once again, the government is creating bigger problems than it solves.



This entire thing is government engineered in the first place. The failure of SVB stems from the government plan to use FTX to destroy Bitcoin. Up next: U.S. CBDC.


Ah, you read what Hoskinson said too, huh? Even if it isn't true, it's a good way to coalesce crypto true believers.


No. I but I have followed Brian Roemmele for awhile now. It seems obvious that this is the first step toward nationalizing banking.

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Jaw Breaker
PostPosted: Sun Mar 12, 2023 9:35 pm 
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Just sickening. The shareholders, bondholders, and executives all need to all be zeroed out before a single penny of taxpayer money is spent.

So basically the government has admitted FDIC insurance is a joke.

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The Missing Link
PostPosted: Mon Mar 13, 2023 6:56 am 
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This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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This Ends in Antioch
PostPosted: Mon Mar 13, 2023 7:01 am 
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The Missing Link wrote:
This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

Image

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Nardi wrote:
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The Missing Link
PostPosted: Mon Mar 13, 2023 7:08 am 
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This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

Image


There is nothing incorrect about my statement by the way.

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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The Missing Link
PostPosted: Mon Mar 13, 2023 7:14 am 
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And if "WE" in this country were really opposed to Government Intervention into private markets, there is no way in hell that FDIC would even exist in the first place.

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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This Ends in Antioch
PostPosted: Mon Mar 13, 2023 7:57 am 
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The Missing Link wrote:
This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

Image


There is nothing incorrect about my statement by the way.

Of course there is. In one sentence, you used three words incorrectly:

- subsidies
- literally
- deposited

:lol: :lol: :lol:

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Nardi wrote:
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Rod
PostPosted: Mon Mar 13, 2023 8:01 am 
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Everyone should feel great this morning. Serena Williams's husband invested money in flights of Climate fancy and based his companies on ESG and DEI and you get to bail them out. Take a bow, America!

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Brick
PostPosted: Mon Mar 13, 2023 8:03 am 
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They should have let them fail but it's also hard to let them fail when the President gets blamed for the price of eggs but he should let the economy tank for months to prove a point.

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The Missing Link
PostPosted: Mon Mar 13, 2023 8:06 am 
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This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

Image


There is nothing incorrect about my statement by the way.

Of course there is. In one sentence, you used three words incorrectly:

- subsidies
- literally
- deposited

:lol: :lol: :lol:


Nah. The amount of your income in essence increases as a result of the decrease in your tax "liability". The reduction in tax liability is essentially a subsidy. And even the taxes that you pay back as a result of deferment are "subsidized" due to inflation.

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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Brick
PostPosted: Mon Mar 13, 2023 8:09 am 
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The Missing Link wrote:
Nah. The amount of your income in essence increases as a result of the decrease in your tax "liability". The reduction in tax liability is essentially a subsidy. And even the taxes that you pay back as a result of deferment are subsidized due to inflation.
If I go to Kohl's with a 20% off coupon is it actually a subsidy by Kohl's when they give me that 20% "back"?

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good dolphin
PostPosted: Mon Mar 13, 2023 8:19 am 
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Brick wrote:
The Missing Link wrote:
Nah. The amount of your income in essence increases as a result of the decrease in your tax "liability". The reduction in tax liability is essentially a subsidy. And even the taxes that you pay back as a result of deferment are subsidized due to inflation.
If I go to Kohl's with a 20% off coupon is it actually a subsidy by Kohl's when they give me that 20% "back"?


Look man, it's the government's money. They're subsidizing you by letting you keep any of it.

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Rod
PostPosted: Mon Mar 13, 2023 8:23 am 
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The Missing Link wrote:
This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
The Missing Link wrote:
This Ends in Antioch wrote:
They’re depositing money into 401ks again!


The tax subsidies that are provided as a result of enrolling in a 401k plan are literally "deposited" into your bank account :lol: :lol:

Image


There is nothing incorrect about my statement by the way.

Of course there is. In one sentence, you used three words incorrectly:

- subsidies
- literally
- deposited

:lol: :lol: :lol:


Nah. The amount of your income in essence increases as a result of the decrease in your tax "liability". The reduction in tax liability is essentially a subsidy. And even the taxes that you pay back as a result of deferment are "subsidized" due to inflation.


Link is expressing a particular political/religious viewpoint that all resources are property of the government which allows The People to keep/control some of said resources at whim.

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312player
PostPosted: Mon Mar 13, 2023 8:37 am 
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denisdman wrote:
Nardi wrote:
Joe Orr Road Rod wrote:
Of course we're going to bail out SVB. They're holding all the Climate Change money.

:lol:


Welp good call Jorr….bailed out two banks already. Bad move.



I thought you were the guy pushing treasury bonds..no? This seems like a government created problem, the bank invested in treasury bonds and since this administration is running this country into the ground..the bonds torpedoed with record inflation.

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Spaulding
PostPosted: Mon Mar 13, 2023 8:46 am 
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Can somebody explain what is happening and what is going to happen?
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Caller Bob
PostPosted: Mon Mar 13, 2023 8:50 am 
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Go to the bank today and take out all your money
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The Missing Link
PostPosted: Mon Mar 13, 2023 9:01 am 
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good dolphin wrote:
Brick wrote:
The Missing Link wrote:
Nah. The amount of your income in essence increases as a result of the decrease in your tax "liability". The reduction in tax liability is essentially a subsidy. And even the taxes that you pay back as a result of deferment are subsidized due to inflation.
If I go to Kohl's with a 20% off coupon is it actually a subsidy by Kohl's when they give me that 20% "back"?


Look man, it's the government's money. They're subsidizing you by letting you keep any of it.

Its a subsidy if you are allowed to invest money on "pre taxed" income. And is it all that "wise" to argue that the Gov't doesn't "subsidize" the Stock Market even after you just witnessed the Gov't subsidize the Stock Market? Just Asking A Question

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.


Last edited by The Missing Link on Mon Mar 13, 2023 9:03 am, edited 1 time in total.

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The Missing Link
PostPosted: Mon Mar 13, 2023 9:03 am 
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Spaulding wrote:
Can somebody explain what is happening
What just "happened" was that the "evil" government just subsidized "private industry" ONCE AGAIN. You should be appalled about the "handout". That is unless you have money in SVB or the Stock Market that is.

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pittmike wrote:
Technically I was drunk (big surprise) and asked her if she liked a tongue up her ass.


Frank Coztansa wrote:
Again, your comprehension needs work.
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