ChiGoose
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Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC
“WASHINGTON, DC -- The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:
Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.
After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer.
We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer.
Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law.
Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors.
The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today’s actions demonstrate our commitment to take the necessary steps to ensure that depositors’ savings remain safe.”-
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5 minutes ago, Gene Frenkle said:
@B-Man SVB failed because they made risky long-term bets at 0% interest rates and weren't prepared for the Fed to raise rates so quickly to combat inflation. Guess what...they're not the only one. This is Wall Street getting addicted to free money and thinking it would never end. Their risk is all interconnected too. This has been brewing since 2008.
I say eff em this time. Bail nobody out and let them fail like they should. The days of privatized gains and socialized losses need to end now.
You don’t understand. Something bad happened, so it has to be the fault of liberals somehow.-
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13 minutes ago, SCBills said:
Chansley’s mom and new defense team state they never had that video.
Again, do you believe, based on what we’ve now seen, that he deserves the sentence he received?
If they didn’t have access to it, it’s likely because they didn’t request it.
If it was intentionally withheld, then it’s likely a Brady violation and Chansley would be filing an appeal instead of releasing a statement that it doesn’t change anything.
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54 minutes ago, SCBills said:
That analogy makes zero sense given the unreleased, then released video exonerates what you said … and the unreleased, now released video of Chansley paints the opposite narrative.
What exactly do you want? Chansley to serve 4 years in prison?
I, and most who take issue with this charade, don’t believe Chansley should have zero punishment. What we take issue with is the excessiveness of that punishment.
Given the video that has come to light, it’s honestly shocking that people like you dig yourselves in deeper on that front.
You seem to insist on confusing “released to the public” with “released to the defense”Maybe don’t do that.
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Just now, SCBills said:
I said what I said.And you’re wrong.
Not that long ago, I was one of seemingly few people here who rejected the allegation that Paul Pelosi was having a gay affair with his attacker.
Now imagine if Pelosi had released a statement that he was, in fact, having an affair with DePape. And yet I still insisted that he wasn’t.
I’d look pretty dumb, wouldn’t I?
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1 minute ago, SCBills said:
He is mentally ill, currently in prison, having been corruptly prosecuted and we have no idea what is going on behind the scenes.I would never hold a man in his position to his word. Especially when we know, for a fact, that we can’t trust the word of those who prosecuted him.
He has an attorney.-
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3 minutes ago, SCBills said:
It must be nice to have so much faith in institutions that have been completely corrupted.
We’re now just repeating ourselves to each other.
We have a fundamental difference and thus, we will never agree on this issue…
You seem to trust those currently in power. I do not.
I’m trusting the guy who you allege has been wronged. He is saying you’re wrong. Don’t even need to bring the justice department into it.
The guy who you say was wronged is saying that actually, you are wrong.
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5 minutes ago, SCBills said:
His defense team didn’t have the TC footage.
So, we have a mentally unwell man being told to sign off that police did not aid him. His defense team has no recourse to prove otherwise, other than the word of a man who clearly has mental issues.
We don’t know what he was threatened with, but given what we’ve heard about these prosecutions.. it was likely severe.
One can easily assume he had plenty of reason to sign off on whatever they wanted him to sign off on.
Of course, this is all speculation …. Speculation that we must have given how manipulative, coordinated and corrupt his prosecution was as we learn of new evidence withheld.
We didn’t have access to the tapes, that doesn’t necessarily mean that Chansley didn’t.
And even if he didn’t, then if what you’re saying is true, his attorneys would immediately file for a new trial based on Brady violations. If what you’re alleging was true, not only would it be a slam dunk for him to file that, but it would call all J6 prosecutions into question.
So what did he do? Released a statement that you’re wrong.
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2 minutes ago, SCBills said:
Ill reiterate my point that our Justice System forces people to sign guilty pleas under immense pressure.
He’s mentally unwell and was aware that he was going to be made example of.
Four years was the best case scenario. He did what he had to do to secure that.. and as a result, the judge sentenced him to the lowest sentence in the guidelines provided to him.
We are witnessing third world political tactics via a corrupt government, media aligned propaganda and a predatory Justice System.
Again, this shouldn’t be a left/right issue.
You shouldn’t want this for our country.
The shoe won’t always be on the other foot…
I’m all for criminal justice reform but a guy who is saying that you’re allegations are false might not be the best test case. -
1 minute ago, SCBills said:
You seem wildly unaware of the fact that our justice system pressures people to sign guilty pleas under immense pressure.
He was meant to be made example of.
He doesn’t deserve zero punishment, but he also doesn’t deserve 4 years in prison.
Read what you posted again, and ask yourself how that equates to the sentence Chansley received.. Especially when, regardless of how you feel about Tucker, the fact remains.. our govt hid evidence from Chansley’s defense team. Evidence that most assuredly would have affected his sentencing.
If what you’re implying was true, then he would file a motion to try to get out of jail because of Brady violations.
Not only is he not doing that, he’s instead signing into a statement that what you’re alleging is false.
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35 minutes ago, SCBills said:
It’s honestly sad to see so many Democrats simply close their eyes and plug their ears when people question how in the f*** is Jacob Chansley in prison for 4 years, given the video evidence that was hidden by our govt from the defense team.
This isn’t even about right vs left. Plenty of establishment R’s want to see those like him rot in prison to be made examples of so they can continue the narrative against Trump on that day.
That doesn’t mean people like Chansley should be used as political pawns. This is America, not some third world country.
Does he deserve zero punishment? No, and most aren’t saying that. But 4 years in prison is absolutely insane… and the reaction/weaponization of J6 is one of the more egregious and disgusting psyops perpetuated on the American public in a long time. Right up there with covid… not ironically, brought to us by the same people.
It’s honestly sad to see so many people fall prey to an avowed propagandist manipulating footage to feed a false narrative because he has nothing but contempt for his viewers.NOT REAL NEWS: A look at what didn’t happen this week
“A statement prepared by the Department of Justice, which was signed by Chansley and his attorney, provides a timeline of the rioter’s movement in the Capitol. For example, the statement explains that Chansley entered the Capitol through a broken door as part of a crowd that “was not lawfully authorized to enter or remain in the building” and that he was one of the first 30 rioters inside. It goes on to note that although officers asked Chansley and others multiple times to leave the Capitol, he did not comply and actively riled up his fellow rioters. The statement describes Chansley’s interactions with officers, but also points out that he “entered the Gallery of the Senate alone.” Chansley pleaded guilty in September 2021 to a felony charge of obstructing an official proceeding.”
So we have a guy who plead guilty and has signed onto a statement that the new narrative that he was aided by the police is false, but that doesn’t matter because a guy who admits he lies to his audience says something else…-
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6 hours ago, Doc said:
Wrong is wrong. Doesn't matter if it's a lie that being pushed or believing something so strongly that you don't care to find out/know the truth.
There is absolutely a difference between being wrong and lying.
Being wrong is fine. Everybody is wrong about something at some point. It’s an opportunity to learn something new.
Lying is nefarious. Intentionally deceiving your audience is far worse than truly believing something that’s wrong.
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2 hours ago, BillsFanNC said:
@ChiGoose throwing in with @redtail hawk on lies and lunacy?
Shocking!
Hey chi....what's that you said months ago that if we obtained evidence of wrong doing by Capitol police then they should be investigated and charged?
How about nine capitol police officers letting an "insurrectionist" waltz through the halls of the Capitol and ultimately escorting him right inside the senate chamber?
Wrong doing or nah?
As anyone who has been actually following the events instead of living in the fever swamps knows, there were instances in which the Capitol Police declined to use force because they were outnumbered and/or it would have made a bad situation worse.However, if officers were actively assisting the rioters, then yeah, they should be punished for that. There was at least one Capitol police officer charged due to their actions on that day.
1 hour ago, Big Blitz said:
They’ll have zero comment.
Not only did these people call this mass trespassing event a coup - they wanted ALL Trump voters to labeled as COMPLICIT in it.
Oh and “election deniers.”
Lol lol.
If you expect someone to respond to a post on a message board within one hour on a workday, I think that says more about you than it does about them. Maybe go touch some grass for a bit.
Not all Trump supporters are bad, nor are they all complicit in what happened on Jan 6.
Some of the Jan 6 people were just trespassing, some got caught up in the moment and acted destructively and violently, while a small minority went there with the intent to disrupt Congress violently if needed.
That’s why you see various charges and sentences being handed out to them. It’s not a broad brush where everyone was in the same boat. .-
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54 minutes ago, Doc said:
You say tom-ay-to...
So you think there’s no difference between someone believing something and being wrong versus someone knowing something is false and promoting it anyway?Because I think there’s a world of difference between the two.
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15 minutes ago, Doc said:
Like I said before, I don't watch TC. Just saying they're all employing these types of people and people on the left love their Rachel Maddows and (formerly) Chris Cuomos.
I would argue that there is a difference between typical news hacks who get things wrong and someone intentionally deceiving their audience and treating them like dupes.
But that’s just me.
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3 minutes ago, AlBUNDY4TDS said:
Cnn got sued for defamation, sooo anything for ratings, but cnn still claims to be legitimate.
CNN sucks and is one of the most destructive forces in this country.
That has absolutely zero relevance to the fact that most of the people on this board seem to still love a guy who has told them he’s lying to them.
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29 minutes ago, Doc said:
Again the same can be said for any talking head on the alphabet networks.
You do understand that this is a terrible and unconvincing argument, right? Just straight whatsboutism to deflect from the fact that Tucker has given sworn testimony that he regularly deceives his audience.
Even if we had sworn testimony from people at other news orgs that they were knowingly lying, it still would be a dumb argument.”I want to be lied to and that’s totally fine because other people are lied to” is just a really poor standard to set for oneself.
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So people are still shilling for a guy who has given sworn testimony that he’s a lying liar who thinks the people who listen to him are gullible?
Like, at what point do you get some self respect and stop listening to this guy?
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16 hours ago, BillsFanNC said:
Who was the most ardent supporter of the J6 committee here at PPP?
Who constantly reminded us about their mission that was laser focused on the truth by getting all that testimony under oath?
That would be @ChiGoose
I wonder why he's been missing lately?
The honest answer is that I actually have a life and I’ve been quite busy. I don’t have a ton of time to devote to an ignorant fool who believes an avowed liar and for some unknown reason, won’t stop tagging me in the most inane BS you can find on the internet.
Not only that, but I never claimed the J6 committee was perfect and while I by and large agree with most of their work, I do actually disagree with the way they handled some things. But that fact, like all facts, don’t matter to you so long as your feelings are validated by taking heads and political leaders who think people like you who support them are idiots.
But yeah, feel all superior or whatever makes you happy, dude.
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Inside the Panic at Fox News After the 2020 Election
Just another reminder that:
1. The 2020 election wasn’t stolen and everybody (including most of the people saying it was) knows it
2. People who watch Fox News love being lied to because they value feelings over facts.
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2 hours ago, Warcodered said:
Him pleading Guilty is probably not going to look great in it. Also the fact that the legal process didn't actually result in him having the charges dropped and him going free, he had to have his buddy pardon him, not a great look either.
Malicious prosecution cases are next to impossible to win and the facts here are really tough for Flynn.Very little chance of a victory in the legal arena, but that’s clearly not the purpose of this filing.
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This lawsuit likely will go nowhere but he should be able to grift a good amount of money off it it, which is likely the goal.
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This should have a significant impact on the runoff:
For those who aren’t familiar, White is the closest thing you can find to a consensus candidate in our polarized environment.
In his last election (2018), he won 68% of the vote in an election where the Dem governor and AG candidates each won 55%. The next closest statewide candidate that election was the Comptroller who won with 60%.
White carried a lot of downstate counties that are equivalent to the upstate and western counties of NY.He’s recently retired but this is a significant endorsement for Vallas.
Here’s how the state voted for Governor in 2018:
And here’s how it voted for Secretary of State (Jesse White’s race):
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This cancel culture snowflakes are at it again. Trying to cancel an entire political party because of something from 150+ years ago.
Florida Republican pitches bill to eliminate the Florida Democratic Party
“A Republican in Florida's Legislature has filed a bill that, if enacted, would eliminate the Florida Democratic Party.
“The Ultimate Cancel Act,” filed Tuesday by state Sen. Blaise Ingoglia, would require the state’s Division of Elections to “immediately cancel” the filings of any political party whose platform had “previously advocated for, or been in support of, slavery or involuntary servitude.”
SVB Bank.
in Politics, Polls, and Pundits
Posted
I’m not sure if it will stop the bleeding, but it’s a necessary move if that’s your goal.