The installed occupant of the White House said something today that is just brutally false on its face.
From the words typed into the teleprompter of Joe Biden you hear, “No losses will be borne by the taxpayers. Instead, the money will come from the fees that banks pay into the Deposit Insurance Fund.” Who the hell does Biden think are paying those “fees”? Those fees paid into banks, and then out of banks, from all around the nation are paid by the people using the bank, that’s taxpayers.
The United States government does not create a single dollar of revenue. They transfer revenue from people to processes and systems of government. Charles Payne has a good perspective on this entire dynamic. {Direct Rumble Link} WATCH:
Charles Payne always impresses.
Charles will be a light in the darkness which is coming.
He articulates well and is emotional about the harm our government is doing to its citizens.
We have a Federal Government which thru its actions are becoming more powerful and centralized at a time that they are failing citizens miserably. Some suggest this recent action “Nationalized” our banking system. IMO they are not wrong.
Historically, this is not good for the citizenry.
We should be decentralizing, not centralizing our economy.
I want a brilliant man speak without interruptions.
Didn’t the last bank crash occur in 2008? Was this orchestrated by the same horrible America-hating regime, again? Sounds fishy.
That is coming soon !