Daily News Report | Biden Speaks On Bank Collapse | Bank Bailout Raising Taxes??
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In a recent daily news report, President Joe Biden spoke on the bank collapse and the bank bailout raising taxes. The president addressed the critical economic situation that arises following the collapse of banks. He emphasized that the government must ensure that banks do not collapse as it will lead to catastrophic consequences on the country’s economy.
President Biden noted that the bank bailout program carried out during the Obama administration prevented a total collapse of the banking industry. He noted that the bailout program was the only way the government could have stabilized the economy, saved millions of jobs and homes.
However, the president acknowledged that the bank bailout program has increased the national debt, which ultimately leads to raising taxes. He further stated that his administration would ensure that people earning over $400,000 yearly would pay higher taxes to offset the National debt caused by the bank bailout.
The idea of raising taxes has been met with mixed reactions from the public. Some individuals believe that high-income earners should pay higher taxes as they can afford it. Others argue that the government should find alternative ways to manage the national debt and not cause undue hardship on the people by raising taxes.
In conclusion, the collapse of banks can have significant effects on the country’s economy. The government has a significant role to play in preventing such a situation and ensuring that banks remain stable. While the bank bailout program has helped stabilize the industry, it has led to rising national debt, which must be addressed. Whether raising taxes is the solution, as President Biden has suggested, is still a topic of debate. The government must ensure that whatever solution is implemented does not cause undue hardship on the people.
Biden lies.
So y'all know that the government is doing this on purpose so they can bring in that digital currency so they can take everybody's money y'all better watch this government they are evil
If there is so obvious that Biden it's the problem? Why let him keeps destroying America and Americans.? Why why why it's this fool still in the white House?
Biden has been under investigation anyway for money laundering and other major crimes!
He is a lier always has been!
well is it a bad idea to keep most of your money in a casino lock box.????? . im hearing some people do.
I don't believe in Student Loqn Forgiveness, but why is this idiot and other politicians talking about bailing out Banks. Hold these banks accountable for their failures as well. Why waste taxpayers money on this BS.
I don't trust the government of our country and that is all of them
Nancy poloski, both sides of Congress and Biden giving all our money to Ukraine, Tiwan and other countries they have ruined our country, thank you for the information
typical bail out banks but nothing 4 SSI SSDI that would cost only 20 million dollars 2 give the 200 dollar raise
Despite the financial instability around the world, I am very excited to have earned $9,000 on my $3,000 investment every 13 days.
A
After losing huge cash gain it back now am making over 33000$ every weekend.
I don't want to hear none of this lame s*** I want to hear more about how social security is going to run out the closer we get to my revolution
Thank you Adam
More lies and deception from the Biden crime administration he's the worst president ever.
Question: If you get your money out before the bank collapses, great! However, how do you handle automatic deposits in the future? If the automatic payments get converted to checks and the USPS is still operational, how do you cash a social security check with no banks? Like I said, I'm just trying to come up with answers to potential situations.
Biden been dead for several years, its all a psyop
More free money to bail out another rich corporation..Will Silicone bank have to pay an overdraft fee to all of their customers now?? Will the fed bail out Social Security now??
Of course the fed bailing out the bank and England too stepping in…What else is new? I sure hope they’ll bail out Social Security…What’s up Stoner Man?
Why are the America citizens has to bailout these banks. These people are miss using the system like they did in 2008. The government don't pay off my mortgage when I get in trouble.
Hello Sir
It's bidens fault banks are closing he's a big jerk
U work for Joe or Hunter
Thanks buddy good job
If they keep balling out banks then y can't he ball out the USA
Hi! How does this affect my 401k if at all? Should I cash it out or leave it as is?
Seeing is believing..whatever is to be will be..everything that happens has been appointed by God. Thank you Adam for your update. Have a great day. Life will go on no matter what happens.
Animal pigs can fly backwards while taking a dump and not get nothing on them I believe what your President Joe Biden says
HELL NO. WE NEED TO STAND STRONG AND NOT GIVE IN. THIS IS A SCARE TACTIC JUST LIKE THE COVID-19 BS WAS. IF THE GOVERNMENT BAILS THIS SILICONE BANK OUT, THEY WILL TURN US INTO DIGITAL CURRENCY AND THEN SAY THEY TOLD US SO. IT IS A WORLDWIDE CURRENCY THAT THEY ARE TRYING TO GET STARTED. WE CANNOT LET THIS HAPPEN. THEY WILL BE ABLE TO TELL YOU WHEN AND WHERE TO SEND THE MONEY THAT YOU MAKE IF THIS IS ALLOWED TO HAPPEN. NO BANK BAILOUT FROM THE GOVT. WTFU. AND THE TOP THREE, AND PROBABLY MANY MANY OTHERS, WHO WAS THROUGH THEIR MONEY FROM THIS SHORTLY BEFORE IT STARTED TO HAPPEN, NEED TO GO TO JAIL. PUTTING MARTHA STEWART IN JAIL WAS ALL FOR NAUGHT TO MAKE AN EXAMPLE OUT OF HER THIS IS A BUNCH OF BULSHIT AND THIS COUNTRY BETTER NOT FALL FOR IT.
The markets are so rigged it’s unbelievable.
We all know. Biden is a lier