Bailout

How can a health insurance plan offer increased benefits from one year to the next while simultaneously lowering premiums? Simple: Taxpayers pay the difference. Such are the results from the “premium stabilization demonstration” — read:…

Tech investor David Sacks, worth several hundred million dollars and with at least some degree of personal stake in the Silicon Valley Bank (SVB) failure, wrote in The Federalist last week to argue the federal rescue of SVB depositors was…

WASHINGTON—In the wake of the collapse of Silicon Valley Bank and subsequent government bailout of its depositors, the Federal Reserve took steps Friday to assure venture capitalists that they’re very smart and important. “You are just the…

Silicon Valley Bank, a financial institution primarily serving the tech industry, experienced the second-biggest bank collapse in the nation’s history on Friday, stoking fears of further economic blowback. The Onion tells you everything you…

NEW YORK—Calling it a desirable low-risk, high-yield option, financial experts reportedly recommended Thursday that Americans invest in businesses the government will bail out anytime they fuck up. “We strongly encourage people to put their…

Maxine Waters, Mitt Romney, President Biden, Treasury Secretary Janet Yellen, and most other Washington politicians agree on one thing: Silicon Valley Bank (SVB) executives should lose their jobs and equity holders should lose everything,…

Can Americans be bribed with their own money? The powers that be are certainly putting that question to the test. In recent years, we’ve seen inflation-inducing cash giveaways associated with “Covid relief.” We’ve seen the ongoing attempts…