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Divine Intelligence, etc

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The Socialism of Yellen

There was like 4,700 banks in the U.S. Silicon Valley Bank was number 16. That left it sitting on unrealized losses making it more susceptible to customers pulling funds. So you know. The result is now we're going to go punish the good banks. We're going to charge the more assessment fees for the F.T.I.C. and we's going to put more regulation on the innocent. Tax the innocent, regulate the innocent. You talk about socialism for the rich. Yellen you ought to be ashamed of yourself.

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