Re:Silicon Valley Bank unmasks the hypocrisy of libertarian ...
by chasd00 on Wednesday March 15, 2023 @08:43AM
(#35167415)
And insurance won’t even matter. Credit default swaps were suppose to be insurance and those holders were bailed out in 2008/9, remember AIG?
In 2008/9, The fact that a solidly red administration (Bush) wrote the check and a solidly blue administration (Obama) delivered it on bended knee to the banking industry made it clear who really ran things.
“Paying your bills is a moral hazard” - guy in the background of a tv interview that birthed the tea party in the US.
In 2008/9, The fact that a solidly red administration (Bush) wrote the check and a solidly blue administration (Obama) delivered it on bended knee to the banking industry made it clear who really ran things.
“Paying your bills is a moral hazard” - guy in the background of a tv interview that birthed the tea party in the US.