14 March 2023

Bank Collapses: Yes, It’s a Taxpayer Bailout

US president Joe Biden “stresses that Silicon Valley Bank is not getting a bailout,” The Hill reported on March 13. “[N]o losses will be borne by the taxpayers,” he said of the federal government’s decision to cover depositor losses in excess of  $250,000.  “Instead, the money will come from the fees that banks pay into the … Continue reading Bank Collapses: Yes, It’s a Taxpayer Bailout → - by Thomas L. Knapp
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Mike Johnson Proves That No Man’s Life, Liberty or Property are Safe While the Legislature Isn’t in Session

On September 16, US Representative Mike Johnson (R-LA), acting in his role as Speaker of the House, sent that body’s members home until afte...

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