***Biden wins presidency-Boy are we toast***

[CountValentine]

Seems some want to blame Biden for the perceived banking crisis. Does he then get credit for solving it overnight?

[aygart]

Seems some want to blame Biden for the perceived banking crisis. Does he then get credit for solving it overnight?

Is it solved?

[CountValentine]

Is it solved?

Perceived, YES! 

[aygart]

Perceived, YES! 

Yet the real issues that caused 2 of the 10 largest banks to fail and for more to be at risk still remain.

[CountValentine]

Yet the real issues that caused 2 of the 10 largest banks to fail and for more to be at risk still remain.

Not sure you can blame bad decisions by banks on Biden.

[mevinyavin]

Not sure you can blame bad decisions by banks on Biden.

Great alliteration there!

[aygart]

Not sure you can blame bad decisions by banks on Biden.

Comes down to the rising interest rates

[CountValentine]

Comes down to the rising interest rates

He has no control on what the Fed does.

[aygart]

https://www.cnn.com/2023/03/13/politics/biden-silicon-valley-bank-politics/index.html

[aygart]

He has no control on what the Fed does.

But if he is to blame for inflation then he is too blame for what needs to be done to tame it.

[CountValentine]

But if he is to blame for inflation then he is too blame for what needs to be done to tame it.

That is one big pretzel there. 

[aygart]

That is one big pretzel there. 

Typical answer. Pretzel! Fish! Goalpost!

[CountValentine]

Typical answer. Pretzel! Fish! Goalpost!

If the shoe fits...

[savvydigz]

Typical answer. Pretzel! Fish! Goalpost!

Kool-ade, Maga, nutcase

[CountValentine]

But if he is to blame for inflation then he is too blame for what needs to be done to tame it.

Let me understand this logic.
If a school is to blame for not teaching basic subjects, then they are to blame for what needs to be done to correct it. I guess the NYT was spot on. 

[TimT]

https://twitter.com/disclosetv/status/1635265824230641665

Mods, the “failing banks” thread can be locked. All is well. Biden has consulted his teleprompter.

[CountValentine]

Mods, the “failing banks” thread can be locked. All is well. Biden has consulted his teleprompter.

...and more importantly the markets agree. 

[WayBackMachine]

mark levine show answers all your questions

[CountValentine]

mark levine show answers all your questions

Is that on FIX news?

[randomjay]

Seems some want to blame Biden for the perceived banking crisis. Does he then get credit for solving it overnight?

What kind of a fix is this? Offering to lend banks unlimited funds using “LOW INTEREST BONDS” as collateral, based on maturity value?? Isn’t this the biggest QE in the midst of still ongoing inflation crisis? Todays CPI report shows MOM inflation still at 0.5%!!!!! That’s brand new inflation this month. And the FEDs hands are now tied, no more rate increase, as it won’t even help when your other hand guarantees bonds at maturity value.