This is a great opportunity to push for secession
(media.scored.co)
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Bank bailouts are always unpopular, but a collapse in the system is catastrophic.
Bailouts should be contingent on the company avoiding ESG investment and focusing solely on profit to pay back the taxpayer.
The most likely scenario it will be bank bailouts with more ESG strings attached. It will be an "equitable" bailout and the liberals will clap like seals
I also think that. It almost makes me wonder if it's deliberate, to force banks to comply with the "increase female hires or pay more interest" loan plan that I've been keeping an eye on.
They already have :
Bank of America
BBVA
Commonwealth Bank of Australia
NatWest Group
Toronto Dominion
Wells Fargo
Companies enrolled in such loans include :
Orange
Schneider Electric (France)
Telefonica Group
Trimble Inc
And likely many others who don't declare or that I haven't seen.
They need JPM especially, but Dimon is getting sick of the anti-profit agenda, as shown by his attack on people who oppose investing in oil when he was invited to speak in Congress. Hence the shady "Dimon knew Epstein" case. They want to break JPM somehow.
They're whatever makes them richer.
That's what banks are supposed to be. Not moralistic ESG shills like BoA.
I.e., if you bail out one bank, banks will not take precautions because they believe they will be bailed out, and you can expect to bail out every bank from here on out until you stop bailing out banks altogether.
Same thing with amnesty - we've granted amnesty like 5x and each time we were told it would be the last amnesty. Despite that, more illegals keep coming to this country because they believe we'll eventually pass another amnesty. And lord knows our politicians would love to give it to them while telling us that this time it will be the last amnesty for real!
I agree.
But at the same time, we could use bailout conditions to force the banks to play fair. I also think that the general public is not really prepared for a major bank collapse, even if it is deserved and necessary.
the system is fake and gay anyway
let it collapse and have something real take its spot