Jackson Jambalaya

The more I see how capitalism works, the more I want to throw all caution to the wind. I'll get bailed out so there is no risk. We're already living socialism

Kingfish, I don't understand this and you've scared the crap out of me. Is something happening to Regions bank?

Almost time to buy-in.

I look for Gerard to take three days off this week.

Finance and capitalism are not the same animal. John Forbes Kerry said "unfortunately democratic governments cannot deliver the Great Reset, but it will happen, and it will happen much faster and with much more intensity than most could imagine" The WEF says (of the Great Reset) that "you will own nothing".

All of that lead and brass and other firearm related items are increasing in value by the second.

Credit Susie appears to be going down finally so it’s not limited to the USA. Hopefully we car re-enact the Dodd-Frank regulations that Trump gutted and prevent some of this unnecessary risk in the future.

My mortgage is with Regions. Should I set fire to my house?

Asking for a neighbor who is gathering kindlin' as we speak.

No surprise JJ only media property reporting this.

All happening on Joe Xiden's watch.

Trump didn't gut Dodd-Frank.

If Trump did (he didn't) why haven't your democrat overlords put the guts back yet 2:52?

What else were they focused on that let such a horror go uncorrected?

Barney Frank, Of Dodd-Frank, was on the board of Signature bank and said the 2018 law had nothing to do with it. Sorry lib nuts.

252....explain to us exactly what trump did to cause this. what regs did he get rid of that are now the root of this?

and i second the question....why didnt biden fix it in the last 2 years if it was so bad and would lead to this?

The US banking system is safe, sound and strong. If you rely on this blog for financial advice, you really don't have much money anyway.

Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicky and he's not.

Dang 7:18.. you totally have me pegged..

Amen 7:18
Regulations Trump signed lowered the reserves regional banks are required to hold to backstop runs. Once Frank became a member of Signature Bank’s board he begin think like an investor.

Trump took off this Dodd-Frank regulation: must comply with stringent Dodd-Frank rules if >$50 billion.

Trump admin (plus some Dems! Sinema!) voted to RAISE the threshold to >$250 billion.

Thus, the 3 banks that went under were no longer under the Dodd-Frank rules. Thus, limited oversight by the Fed.

@11:33 clearly doesn't understand how the legislative process works.

Wow, suddenly everyone becomes an expert about the pitfalls of Fractional Reserve Banking!
This isn’t the fault of Biden, Trump, or Obama.
If you want to blame someone, then blame Woodrow Wilson.
He signed the Federal Reserve Act of 1913.
He also signed the Revenue Act of 1913 that instituted income taxes to repay the national debt to the private Federal Reserve Bank.
In the 100 years between 1913 and 2013, the dollar was inflated to less than five cents of the 1913 value.
The size of government also grew 300%
It’s fitting that the local road named in his honor is a pothole filled and runs through a violent hellscape.

You can thank Trump era banking policies for deregulation. No regulation = no stability.

Imagine being such a halfwit that you actually blame the pawn installed by the 1% for the blowback caused by the greed of the 1%.
Every US president who opposes the Federal Reserve loses his presidency. Trump was done as soon as he criticized Jerome Powell. That’s what ended his chance at a second term. He still got lucky and kept his life. The European central bankers instigated the Civil War in the USA and assassinated Lincoln because he opposed a central bank. When JFK began considering a Fed audit and possibly changing monetary policy to improve the lives of Americans, he was assassinated. They almost got Andrew Jackson too. They are once again Balkanizing the nation and pushing for another civil war here.

But we are the good guys. Debt and inflation are good!

Meanwhile the global “bad guys” are filling their vaults with every precious metal and commodity they can buy.

@5:33 AM, Irrational Trump hates trumps all.

The Federal Reserve has always controlled the boom/bust cycle by increasing liquidity first with easy money, and then later by retracting that liquidity. They are currently putting the squeeze on us all. Some banks can handle the squeeze like a terry cloth rag. Others are about as strong as cheap toilet paper.

Billionaires are made and destroyed this way. If you didn’t go to schul, you won’t know what moves to make.

Don't you people have jobs???

Who the hell let 7:47 out of Whitfield? Has an APB even been run up the flagpole?

@8:39, I saw that what you did.

"I look for Gerard to take three days off this week.
March 13, 2023 at 2:11 PM"

That was posted Monday at 2:11 p.m. Guess who was absent from his telecast, Tuesday, the next day? lol