Obama tightened regulations on rail transit. Trump reversed many of them. And then we had train wrecks.
Obama tightened regulations on the financial sector with reforms that included Dodd-Frank and its Consumer Financial Protection Agency. Trump, while he still had majorities in both the Senate and House, rolled back much of them, including specifically regulations that would have included medium-sized banks such as Silicon Valley Bank and Signature Bank.
SVB did not fail because of “woke” policies (whatever that means, though “woke” is clearly preferable to its opposite, “comatose”). It failed because it was narrowly concentrated on a tech-focused clientèle instead of a broader or more diverse base, and too heavily concentrated its investments in the bond sector, oblivious to rising interest rates, instead of more diverse investments in a variety of stocks, bonds and real estate like most banks.
Signature did not fail because of “woke” policies but because of risky investments in crypto, right before that illusory chimera vanished into the digital ether.
70 million, are you still buying the poop that you created by willfully elected people that you want to lie to you, so that you don’t have to face, you know, ……………….truth?:
Funny how the Heffalumps will take ALL the credit when something works, whether they voted AGAINST IT or not, but NONE of the blame when something that THEY SUPPORTED turns out to be an utter disaster…
I recall a story of a household with four kids and a dog. When someone broke a vase, each kid blamed the next in line. The youngest kid had no one else, so he blamed the dog. When the Heffalumps are told that Orange T’s deregulations had a lot to do with these disasters, instead of accepting the responsibility, they ask why Biden didn’t restore them. Take responsibility for what your man did, and stop blaming someone else.
People are getting sick from the air and soil…Slow going process is driving people from their homes…their lives are a disaster…☹️☹️☹️
Meanwhile the CEO of the train co lives ina modest Multi million dollar home out of state and couldn’t care less….he also donated millions to the GOP in Ohio, right before the accident in East Palestine, Ohio
I laugh; woke/wouk/wohk no matter how you spell it simply means, “Being aware of and ready to most likely experience racial prejudice and discrimination”
The DOJ needs to haul Traitor Carlson’s fat azz in and make him testify under oath about his gaslighting attempts. (No intelligent person would ever fall for those, but of course the target audience of the Fox Propaganda Channel is racist grade school dropouts.)
Say What Now‽ Premium Member over 1 year ago
Wokeness will destroy us all!
Erse IS better over 1 year ago
The GOP: Party of “I didn’t do it” and “It’s JOEY’S fault!”
DD Wiz Premium Member over 1 year ago
Obama tightened regulations on rail transit. Trump reversed many of them. And then we had train wrecks.
Obama tightened regulations on the financial sector with reforms that included Dodd-Frank and its Consumer Financial Protection Agency. Trump, while he still had majorities in both the Senate and House, rolled back much of them, including specifically regulations that would have included medium-sized banks such as Silicon Valley Bank and Signature Bank.
SVB did not fail because of “woke” policies (whatever that means, though “woke” is clearly preferable to its opposite, “comatose”). It failed because it was narrowly concentrated on a tech-focused clientèle instead of a broader or more diverse base, and too heavily concentrated its investments in the bond sector, oblivious to rising interest rates, instead of more diverse investments in a variety of stocks, bonds and real estate like most banks.
Signature did not fail because of “woke” policies but because of risky investments in crypto, right before that illusory chimera vanished into the digital ether.
knutdl over 1 year ago
SAVE THE PIZZA RAT (OMG) (Did the pizza rat put money in the bank?)
Cpeckbourlioux over 1 year ago
TRump is a living train wreck, let’s face it, folks.
braindead Premium Member over 1 year ago
SVB took risks with depositors’ money in order to enrich themselves by increasing profits.
And even if their gambles had won, depositors were NEVER going to share in the winnings.
.
But, yeah, get rid of those awful regulations that protect depositors and those who live by railroads.
Because freedom.
Direwolf over 1 year ago
Republicon rule of thumb: If something bad happens it’s the libs fault.
Adolf Trump over 1 year ago
And where was Biden when the snow storm hit California? Think about it?
rossevrymn over 1 year ago
70 million, are you still buying the poop that you created by willfully elected people that you want to lie to you, so that you don’t have to face, you know, ……………….truth?:
Masterskrain over 1 year ago
Funny how the Heffalumps will take ALL the credit when something works, whether they voted AGAINST IT or not, but NONE of the blame when something that THEY SUPPORTED turns out to be an utter disaster…
Jack7528 over 1 year ago
Well there have been a lot of dumpster fires the last two years.
ShadowMaster over 1 year ago
I recall a story of a household with four kids and a dog. When someone broke a vase, each kid blamed the next in line. The youngest kid had no one else, so he blamed the dog. When the Heffalumps are told that Orange T’s deregulations had a lot to do with these disasters, instead of accepting the responsibility, they ask why Biden didn’t restore them. Take responsibility for what your man did, and stop blaming someone else.
Zebrastripes over 1 year ago
Ohio is suing the train co!
People are getting sick from the air and soil…Slow going process is driving people from their homes…their lives are a disaster…☹️☹️☹️
Meanwhile the CEO of the train co lives ina modest Multi million dollar home out of state and couldn’t care less….he also donated millions to the GOP in Ohio, right before the accident in East Palestine, Ohio
aristoclesplato9 over 1 year ago
And deregulation had nothing to do with these two disasters.
Steverino Premium Member over 1 year ago
People seem to forget that Chairman Powell is a Qpublician.
Ally2005 over 1 year ago
T dump and his GQP IS a train wreck that keeps on wrecking. Like T dump says, taking responsibility is for losers.
ForALaugh Premium Member over 1 year ago
The fat cat falling from the republican made train wreck should have a paid for by taxpayers golden parachute.
Radish the wordsmith over 1 year ago
Maybe we should regulate railroads and banks instead of uteruses and drag shows
Grandma Lea over 1 year ago
I laugh; woke/wouk/wohk no matter how you spell it simply means, “Being aware of and ready to most likely experience racial prejudice and discrimination”
Duka over 1 year ago
“January 6th I think is probably second only to the 2020 election as the biggest scam in my lifetime.”— Tucker Carlson
Godfreydaniel over 1 year ago
The DOJ needs to haul Traitor Carlson’s fat azz in and make him testify under oath about his gaslighting attempts. (No intelligent person would ever fall for those, but of course the target audience of the Fox Propaganda Channel is racist grade school dropouts.)
AtomicForce91 Premium Member over 1 year ago
I am sure that funding rail maintenance would have helped…
I am sure that not making risky investments would have helped…