The man who has the "Midas Touch in reverse", His Fraudulency Joe Biden promised today that people should have confidence in the banking system after two banks went belly up last week.
The Daily Caller reported:
President Joe Biden addressed the closures of Silicon Valley Bank and Signature Bank on Monday, telling Americans to “have confidence” in the banking system because the administration is taking steps to hold those responsible “accountable.”
The president promised that the banks’ customers will “have access to their money” on Monday and that taxpayers will not be forced to bail out the banks.
The Federal Deposit Insurance Corporation (FDIC) took control of the New York-based Signature Bank on Sunday after the Friday collapse of Silicon Valley Bank (SVB). The collapse of SVB is the largest bank meltdown since Washington Mutual in 2008, and will likely have reverberations across the tech sector.
When Biden said that those responsible will be "held accountable" over the fiasco, two thoughts came immediately to my mind: "That'll be the day!" and "This I gotta see!"
I don't see how anyone would have any confidence in anything Biden says or does. He's been a disaster since day one.
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