Biden Ignored The People Of East Palestine, Rushes To Help Billionaire Bankers In Silicon Valley
A train loaded with highly toxic chemicals was thrown off the tracks. East Palestine, Ohio, President Joe Biden hopped on Air Force One, transferred to a train and went to … Ukraine.
The U.S. president is concerned about their border. He doesn’t care at all about the U.S. border. He has been to the Ukraine border more times than he has to our southern border.
Biden came up with a quick solution when billionaire bankers failed again.
Everything went south on Friday, when the Silicon Valley Bank (SVB) collapsed — the second largest in history. Biden actually worked over the weekend, assuring financial sector leaders that he has their back.
Biden then promised that money would be given by the federal government to help the financial sector just 30 minutes before the New York Stock Exchange opens.
“I instructed my team to act quickly to protect these interests,” In an effort to stop massive market losses, the president stated.
“First, all customers who had deposits in these banks can rest assured — I want to — rest assured they’ll be protected and they’ll have access to their money as of today. That includes small businesses across the country that banked there and need to make payroll, pay their bills, and stay open for business,” He stated.
“Americans can have confidence that the banking system is safe,” Biden made the remarks at White House “Your deposits will be there when you need them.”
SVB has nothing to do with it. “small businesses.” Roblox, an online casino company worth $3 billion, held $150 million in SVB. Roku streaming service had almost $500 million in SVB deposits. Circle, an American cryptocurrency firm, had $3.3B of its $40B in reserves at SVB.
Not just your mom and pop “small businesses.”
Meanwhile, SVB CEO Greg Becker sold $3.6 million of company stock less than two weeks before the bank collapsed, and, in another one of those amazing coincidences, Peter Theil’s Founder’s Fund — worth $11 billion — withdrew millions by Thursday morning, Bloomberg reported.
But Biden was there swiftly to help out his billionaire buddies — a lot of whom donated to his presidential campaign. It was a stark contrast to Ohio. A train from Norfolk Southern Railway was stranded in East Palestine on February 3. This is a small country of just 5,000 inhabitants. The cars were filled with vinyl chloride and ethylacrylate.
Biden’s Federal Emergency Management Agency, FEMA (Biden’s Federal Emergency Management Agency) was absent from the disaster site for two weeks straight. It didn’t even show up until February 18. Three weeks after the accident, Transportation Secretary Buttigieg finally reached the scene of the disaster on February 23rd.
The visit was made after President Trump had visited the area.
Sen. J.D. Vance (R.OH), pondered why Biden never appeared.
“I think that our leadership, our media, and our politicians were slow to respond to this crisis, in part because a certain segment of our leadership feels like the people of East Palestine are a little out of style. They have the wrong politics. They’re a little too rural, maybe a little too white,” He Fox News.
Sen. Josh Hawley (R-MO) Tweet: “Joe Biden will probably visit Silicon Valley Bank before he visits East Palestine.”
Bernie Moreno a Twitter entrepreneur with less than 10,000 followers got the best zinger. “Maybe if East Palestine renamed itself ‘East Silicon Valley,’ it would finally get the attention it deserves from Biden.”
Perhaps East Palestine should be renamed “East Silicon Valley,” It would finally receive the attention Biden deserves https://t.co/uqOtJUj2NT
— Bernie Moreno (@berniemoreno) March 13, 2023
It’s true.
The views expressed in this piece do not necessarily reflect the views of The Daily Wire.
Joseph Curl is a 35-year veteran of politics, having served 12 years as White House correspondent in a national newspaper. He was also the Drudge Report’s fourth-year a.m. Editor for four years. Send tips to [email protected] and follow him on Twitter @josephcurl.
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