New bill would repeal the horrible bank law signed by Trump 5 years ago

[Rambunctious]

g5000 is going to try and lie and blame Trump for another Biden **** up... hey dummy... if this Trump bill was going to kill SVB why didn't Joe fix it and undo it?... he undid everything else Trump did... you should stop you are ruining what little respect you have here... which isn't very much....

 

[Rambunctious]

You once again show you have selective attention to what is going on:

And finally, we must reduce the risks of this happening again. During the Obama-Biden administration, we put in place tough requirements on banks like Silicon Valley Bank and Signature Bank, including the Dodd-Frank Law, to make sure the crisis we saw in 2008 would not happen again.

Unfortunately, the last administration rolled back some of these requirements. I’m going to ask Congress and the banking regulators to strengthen the rules for banks to make it less likely that this kind of bank failure will happen again and to protect American jobs and small businesses.

Remarks by President Biden on Maintaining a Resilient Banking System and Protecting our Historic Economic Recovery | The White House

Sorry pal its not working... everyone knows what happened and why....

 

[martybegan]

I showed what part of the EGRRCPA caused this problem with SVB in post 26.

You showed the change in the threshold, what you didn't and can't show is how the stress test would have shown a problem.

Again T-Bills are considered "safe" investments, and would not have flagged an issue with regards to risk.

 

[g5000]

The facts don't lie. It's right there in the financials. After achieving regulatory rollbacks, SVB massively loaded up on interest rate risk.

These bank collapses have nothing to do with wokism, Ukraine, Jewish conspiracies, UFOs, Mexicans, China, global warming, the fleas on a whore's back, or the alcohol content of rum.

 

[g5000]

Sorry pal its not working... everyone knows what happened and why....

You asked why Biden didn't blame Trump, showing your lack of attention or facts.

I have provided the undeniable facts. You have provided manufactured bullshit with no evidence.

 

[Flash]

We need a bill to rescind all the stupidity of Joe Potatohead.

 

[Rambunctious]

You asked by Biden didn't blame Trump, showing your lack of attention or facts.

I have provided the undeniable facts. You have provided manufactured bullshit with no evidence.

If he did try to blame Trump he got laughed at I promise you that...

 

[martybegan]

The facts don't lie. It's right there in the financials After achieving regulatory rollbacks, SVB massively loaded up on interest rate risk.

These bank collapses have nothing to do with wokism, Ukraine, Jewish conspiracies, UFOs, Mexicans, China, global warming, the fleas on a whore's back, or the alcohol content of rum.

What was the increase in their deposits at the same time? What was the increase in their overall net worth during that time?

Bonds are usually not high risk, especially government bonds. Again, what would the stress test have shown?

 

[g5000]

This is why the hack propagandists want their rube audiences to be as ignorant as possible. So they can gaslight the living daylights out of them, knowing they will bleev what they are told to bleev, and parrot what they are told to parrot.

 

[Rambunctious]

This is why the hack propagandists want their rube audiences to be as ignorant as possible. So they can gaslight the living daylights out of them, knowing they will bleev what they are told to bleev, and parrot what they are told to parrot.

Shut up liar....

 

[martybegan]

This is why the hack propagandists want their rube audiences to be as ignorant as possible. So they can gaslight the living daylights out of them, knowing they will bleev what they are told to bleev, and parrot what they are told to parrot.

Who are you responding to? or are you avoiding responding to specific statements because you can't answer them?

 

[g5000]

Bonds are usually not high risk, especially government bonds. Again, what would the stress test have shown?

Bonds are extremely high risk when interest rates rise.

I explained in this topic: More Than $16 Trillion Of Underwater Bonds Are Out There

The stress test would have shown SVB had taken on massive interest rate risk.

 

[Rambunctious]

Bonds are extremely high risk when interest rates rise.

I explained in this topic: More Than $16 Trillion Of Underwater Bonds Are Out There

The stress test would have shown SVB had taken on massive interest rate risk.

And why are interest rates rising?... to combat Joe's inflation rate....

 

[martybegan]

Bonds are extremely high risk when interest rates rise.

I explained in this topic: More Than $16 Trillion Of Underwater Bonds Are Out There

The stress test would have shown SVB had taken on massive interest rate risk.

How so? They have to invest their money somewhere to make interest for the depositors, and government bonds are considered safe.

They are not "extremely high risk", they are just riskier.

 

[martybegan]

Bonds are extremely high risk when interest rates rise.

I explained in this topic: More Than $16 Trillion Of Underwater Bonds Are Out There

The stress test would have shown SVB had taken on massive interest rate risk.

You also ignored my asking about their increase in depositor value as well as total value during the period you claimed a large increase in their bond holdings. If their net value increased at a similar rate, wouldn't that make the bond value increase moot?

 

[Rambunctious]

Bonds are extremely high risk when interest rates rise.

With that one sentence you just killed your own argument...LMFAO we all know why the feds are raising rates.... LOL

 

[80zephyr]

It had everything to do with it. You are being gaslighted by your propagandists. They are making idiotic and ignorant claims just like they did in 2008 trying to blame the negroes.

Barney Frank, architect of Dodd-Frank Act, pushes back on Democrats blaming Trump for bank collapses | Blaze Media

Democrats, including President Joe Biden and Sen. Elizabeth Warren (D-Mass.), are blaming Donald Trump for the sudden collapse of two banks, Silicon Valley Bank and Signature Bank.But Barney Frank, a leading sponsor of the Dodd-Frank Act, sharply disagrees. The law, signed by then-President...

www.theblaze.com

 

[g5000]

Take a look at this chart: 10 Year Treasury Rate by Month

You can see in 2021, the year SVB massively increased their bond holdings by nearly 160 percent, the 10 year Treasury was hovering between 1.3 and 1.6 percent.

At the beginning of this month, the 10 year Treasury hit 3.91 percent.

Boom!

 

[g5000]

With that one sentence you just killed your own argument...LMFAO we all know why the feds are raising rates.... LOL

Please stop. You are showing your ass and don't even know it.

You clearly have no clue.

 

[Rambunctious]

Take a look at this chart: 10 Year Treasury Rate by Month

You can see in 2021, the year SVB massively increased their bond holdings by nearly 160 percent, the 10 year Treasury was hovering between 1.3 and 1.6 percent.

At the beginning of this month, the 10 year Treasury hit 3.91 percent.

Boom!

You lost boy... may as well go to the rubber room....