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Federal Deposit Insurance Corporation Chairman Martin Gruenberg revealed on Monday that the firm guaranteed as much as $13.3 billion in uninsured deposits for the 10 largest account holders at the defunct Silicon Valley Bank.
Published: Saturday, April 15th, 2023 @ 10:56 am
By: Daily Wire
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Executives at Silicon Valley Bank are reeling after learning one of the most brutal lessons in banking: if you invest your money irresponsibly, the government will just bail you out.
Published: Thursday, March 23rd, 2023 @ 5:24 pm
By: Babylon Bee
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California Democratic Gov. Gavin Newsom cheered the federal government’s decision to protect Silicon Valley Bank’s depositors without mentioning that he is one of them.
Published: Thursday, March 23rd, 2023 @ 12:58 am
By: Daily Wire
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When the next bank loaded with depositors exceeding $250,000 fails, will the federal government jump in to save the day as it is doing now with Silicon Valley Bank?
Published: Tuesday, March 21st, 2023 @ 12:33 am
By: Daily Wire
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Treasury Secretary Janet Yellen said Sunday that there would be no bailout for the collapsed Silicon Valley Bank.
Published: Monday, March 20th, 2023 @ 4:11 pm
By: Daily Wire
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Not only did the glut of coronavirus-tied bailouts likely result in billions of dollars of fraud, but it happened because government agencies in many cases did not take even basic steps to prevent it, and in other cases have declined to try to claw back improper payments
Published: Saturday, February 11th, 2023 @ 9:47 pm
By: Daily Wire
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A federal appeals court temporarily froze President Joe Biden’s (D) controversial student loan bailout Friday evening.
Published: Sunday, October 30th, 2022 @ 9:10 am
By: Daily Wire
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While Biden Lights Your Tax Dollars on Fire, Beasley Won’t Criticize Him For It, Even Though Other Democrats Are Doing Just That…Almost Like She’s a Generic Democrat Rubber Stamp for the Biden Agenda?
Published: Saturday, August 27th, 2022 @ 7:55 pm
By: Eastern NC NOW Staff
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Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Published: Tuesday, January 26th, 2021 @ 7:53 am
By: Carolina Journal
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“I’m not worried about business in America, I’m worried about people in America."
Published: Tuesday, December 8th, 2020 @ 5:05 am
By: Daily Wire
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The Trump administration and congressional leaders are at loggerheads over another COVID-19 relief package that may effectively provide state and local governments with another bailout.
Published: Friday, October 2nd, 2020 @ 9:11 pm
By: Carolina Journal
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Chinese-0wned companies took hundreds of millions of dollars from the $660 billion Paycheck Protection Program that was designed to be a lifeline for small businesses in the United States that were struggling because of the coronavirus pandemic.
Published: Wednesday, August 5th, 2020 @ 4:08 am
By: Daily Wire
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It’s not difficult to find bad policy examples from government-enacted lockdowns due to coronavirus, yet virtually none are worse than the idea of the federal government bailing out the states.
Published: Friday, June 5th, 2020 @ 3:10 am
By: Civitas Insitute
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Domestic-based companies are furious.
Published: Wednesday, May 20th, 2020 @ 10:49 am
By: LifeZette
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Susan Ferrechio of the Washington Examiner reports on Senate Democrats’ priorities for another round of federal coronavirus relief.
Published: Tuesday, May 12th, 2020 @ 6:12 am
By: John Locke Foundation
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Some House members want to give the N.C. Department of Transportation an emergency bailout.
Published: Friday, October 25th, 2019 @ 3:44 pm
By: Carolina Journal
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Last week I reported that, based on this quote, the actions of the Governor and many state legislators in pushing new corporate welfare schemes were at odds with the Republican Party Platform. I was wrong. Shortly after my newsletter went out, I received an email telling me that, in the latest...
Published: Thursday, March 26th, 2015 @ 6:47 pm
By: John Locke Foundation
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Although I do not see any way to escape using state and federal grants as the most direct means of recapturing local taxes unfortunately sent to Raleigh and Washington, DC, I have strongly argued against matching grants to local businesses which are funded by additional burdens on local taxpayers.
Published: Sunday, May 19th, 2013 @ 6:05 pm
By: Warren Smith
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