JUST IN: John Kennedy Delivers Epic Takedown Of Biden For 'Bailout' Of Silicon Valley Bank

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Forbes Breaking News

Forbes Breaking News

Жыл бұрын

Sen. John Kennedy (R-LA) slams President Biden for "bailing out" three banks, including Silicon Valley Bank, on the Senate floor.
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Пікірлер: 7 100
@angrytuareg
@angrytuareg Жыл бұрын
A BANK SHOULD NEVER BE IN TROUBLE How is this possible ....GREED and Corruption
@rockyduck5716
@rockyduck5716 Жыл бұрын
GREEDY CROOKS
@MS-st1zb
@MS-st1zb Жыл бұрын
When banks held your money, everything was fine, one day they decided they can loan out your money and make money, well that spiraled out of control.
@charliebuzik9317
@charliebuzik9317 Жыл бұрын
I see KZbin took down another comment they didn't like whoever made the comment chances are saying the truth KZbin, of course, covers it up doesn't surprise me
@robertcarlclayton7724
@robertcarlclayton7724 Жыл бұрын
The banks are not required to have money to loan you money. They can loan you money they don't have.
@theseustoo
@theseustoo Жыл бұрын
"Give a man a gun and he can rob a bank... Give a man a bank and he can rob the world!"
@rockyduck5716
@rockyduck5716 Жыл бұрын
THE GOVERNMENT IS RIGGED POLITICIONS ARE CROOKS
@tracyripple
@tracyripple Жыл бұрын
First you have to deregulate that bank.
@katg.2628
@katg.2628 Жыл бұрын
Give the USA a mentally incompetent person to act as the POTUS and you destroy the Nation, in less than 2 years. joey biden must go - along with his puppet masters! Congress needs to do it’s job and legislate and stop forfeiting its job!
@treyhelms5282
@treyhelms5282 Жыл бұрын
@@tracyripple Deregulation didn't cause this mess. Bad economic policy by the Biden Admin making T bills less valuable, and lefties knowing they will be bailed out by the current leftie government, created this mess. And you and I will pay for it. Because so many idiots still vote democrat.
@Julia-qg8nl
@Julia-qg8nl Жыл бұрын
He should be appalled that they deregulated the banks. He proves how well politicians lie every time they put on a show.
@carolynlane7514
@carolynlane7514 Жыл бұрын
I love Sen.John Kennedy.He gets to the truth on everything.He is so cool,calm, and collective.Thank you so much for all you do for the American people.
@adindaoosthuizen5777
@adindaoosthuizen5777 Жыл бұрын
ND he calls a spade a spade without a blink of the eye!!!
@tomrobards7753
@tomrobards7753 Жыл бұрын
Wish he would run for president
@CinqueTerre558
@CinqueTerre558 Жыл бұрын
Thank you, Sen John Kennedy for that speech, esp for calling out a spade a spade!
@jillfryer6699
@jillfryer6699 Жыл бұрын
@@tomrobards7753 that's a bit mean!
@inezharrison5001
@inezharrison5001 Жыл бұрын
I love this man.he never sugar coats any thing.
@stacybrewer9272
@stacybrewer9272 Жыл бұрын
Telling it like it is. Much respect for Mr. Kennedy. These crooks are a dime a dozen....way too many of these criminals. Should get no bailouts!!!!
@yolandacreag8582
@yolandacreag8582 Жыл бұрын
Katie and Elizabeth told us that 6 years so but not one Republican wanted to hear it especially old man Kennedy, nothing new !!!
@loumarlin3040
@loumarlin3040 Жыл бұрын
Put them all in jail
@deedeedavis3975
@deedeedavis3975 Жыл бұрын
And all action by the Gov points to their involvment
@holy7152
@holy7152 Жыл бұрын
How about bailing me out from high prices, inflation,and Democrats lies!
@priceisright1580
@priceisright1580 Жыл бұрын
Agree get some billions in some of our pockets
@Dan-sc7us
@Dan-sc7us Жыл бұрын
If you had your deposits in SVB you would be bailed out!!
@priceisright1580
@priceisright1580 Жыл бұрын
@@Dan-sc7us yes Silcon valley high tech thanks you for the free loans and mortgages
@randymccluer3790
@randymccluer3790 Жыл бұрын
GOP never lies right?
@Maximilian0011
@Maximilian0011 Жыл бұрын
The DEMONcrats do not give a F...k about us
@jamesmark8776
@jamesmark8776 Жыл бұрын
This man is ALWAYS a breath of fresh air
@marthaplanck2448
@marthaplanck2448 Жыл бұрын
I love when Sen. Kennedy said, "You can't fix Stupid but you can vote it out"
@barbanderson8439
@barbanderson8439 Жыл бұрын
Yeah and our Extinction lawyers need to go...one in CA, one in Montana, One in Wy, and a business woman in CO all need to go...sooner than later.
@StandWatie1862
@StandWatie1862 Жыл бұрын
And then he goes and 💩 on the 4th amendment.
@briendoyle4680
@briendoyle4680 Жыл бұрын
We did...
@paulramsey1255
@paulramsey1255 Жыл бұрын
not when those voting have less intelligence than a door knob and the political system is a dirty sewer of corruption....take a bow usa.
@karelcuchal5852
@karelcuchal5852 Жыл бұрын
Super.
@TuTuFox
@TuTuFox Жыл бұрын
Louisiana is so lucky to have Senator Kennedy ❗️
@honpot2016
@honpot2016 Жыл бұрын
but not america , he is woke
@Chrisfragger1
@Chrisfragger1 Жыл бұрын
@@honpot2016 Do ya gotta wear a white pointy hat to NOT be woke to you? I do not think Kennedy is Woke...
@yolandacreag8582
@yolandacreag8582 Жыл бұрын
@@honpot2016 He's a Joke!!!
@Diogenes425
@Diogenes425 Жыл бұрын
@@yolandacreag8582 scares you doesn’t he?!
@yolandacreag8582
@yolandacreag8582 Жыл бұрын
@@Diogenes425 Want to be Dictators should scare you
@jacksaintjack2844
@jacksaintjack2844 Жыл бұрын
Those at the top are getting bailouts. Those at the bottom are getting handouts. The ones in the middle are getting the bills. That is genius analogy, Senator.
@nancylarrea9396
@nancylarrea9396 Жыл бұрын
Perfect analogy….
@RichardBay3
@RichardBay3 Жыл бұрын
@@nancylarrea9396 Very analogy.....
@sarahfcope8811
@sarahfcope8811 Жыл бұрын
So true!
@itsalluphl
@itsalluphl Жыл бұрын
Those in the middle are getting the bills and are being rewarded with dog biscuits as long as we roll over and play dead 🤯
@joywatkins4760
@joywatkins4760 Жыл бұрын
NOT IN THE BANKS. NOT THE WAY BIDEN IS WANTING IT. WE WILL ALL LOSE OUR MONEY!
@phoenixrising6245
@phoenixrising6245 Жыл бұрын
The more I hear this man speak, the more my respect for him grows..
@shirleynell9249
@shirleynell9249 Жыл бұрын
He is brillant dosent think the way I prefer but his fake Accent makes me sick . He is not concerned about poor people ,any one who is not at the top of the pile if we bailed out the investors not the depositors he would be happier .
@stevedouthit6970
@stevedouthit6970 Жыл бұрын
He is amazing and beyond reproach!
@glendalangley1877
@glendalangley1877 Жыл бұрын
@@shirleynell9249 His accent is not fake. This is the way he talks. It’s a product of being southern. He may not be as you would like but he knows punctuation marks are needed in run on sentences to make any sense.
@robertthacher-ro6bh
@robertthacher-ro6bh Жыл бұрын
His common sense is so refreshing!!
@barbanderson8439
@barbanderson8439 Жыл бұрын
This is a bit off ... but John Kennedy would want you to be warned...EVs put out more emissions than fuel which is not fossil...there has never been a fossil unearthed in all the digging that "oil" has done; power grid goes down, Biden gets rid of fuel and we get attacked or they come for us...what are we going to do? For years it has been well known that Walmart has given the government their buildings that are not being used...one has like gas chambers in it...years ago, a video that did not stay up long, was put out for the public to see...government got wind of it and gone...
@evabetlyon2693
@evabetlyon2693 Жыл бұрын
Always love how he manages to make something complicated into something so simple even I understand
@Yorkrose
@Yorkrose Жыл бұрын
This guy is brilliant . Wish there were more of him
@samanthaworkman-fenn8754
@samanthaworkman-fenn8754 Жыл бұрын
The plain truth and nothing but the truth
@kayallen7603
@kayallen7603 Жыл бұрын
But that's not what is happening. Depositors are getting their FDIC paid. The bank's assets are being sold off to bigger and better banks. The fed gets the funds of the sale. The failed banks just evaporate.
@ashpatel2505
@ashpatel2505 Жыл бұрын
He is so brilliant that he didn’t mentioned that this SVB issue is directly related to Trump administration’s repeal of the regulation imposed by Dod Frank act bill, and raised the threshold for stricter regulation from banks with $50 billion in assets to only those with $250 billion. requirements for deposit. I think at least something like 20 Democrats joined Trump and supported this repeal of deposit requirements for small and midsize banks. He voted for it!
@tashacherry1480
@tashacherry1480 Жыл бұрын
I agree, he's my favorite bc of all his funny euphemisms I guess I'd say. My favorite was his Lindsay Lohan comment😂
@tashacherry1480
@tashacherry1480 Жыл бұрын
​@@kayallen7603bot
@killingmewithcancer9940
@killingmewithcancer9940 Жыл бұрын
I lost my home during 2008 bailouts! A widow with 2 young children in school. I had back problems and I tried to work but I couldn't so I lost...everything! No one gave me a bailout. I now have that dirty secret no one wants to talk about- colorectal cancer and I fear I'm at stage 4. I went through a year of surgeries, chemo and radiation and I'm going to just let God's will be done. I'm not "giving up"! I'm moving on! I trust God more than I trust this government! These men and women in government are only there to serve themselves... not us!
@dorothysnowdon6635
@dorothysnowdon6635 Жыл бұрын
🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻✨🇬🇧
@karenrubin8507
@karenrubin8507 Жыл бұрын
Prayed for complete healing. God bless you. 🙏
@Sharyourvoice
@Sharyourvoice Жыл бұрын
I'VE BEEN THROUGH THE SAME ON A HOME, BUT ONLY GOD CAN GIVE US PEACE, SATAN IS ALIVE & WELL ON EARTH! I PRAY GOD WILL HEAL YOU, I HAVE A HEART PROBLEMS, & A BACK PROBLEM & A RETIRED MAIL CARRIER, LIFE IS HARD, BUT IF IT WAS GOOD, NO ONE WOULD HAVE FAITH IN GOD, OR NEED HIM! "JESUS" DIED FOR "OUR" SINS, WHAT ELSE DO WE WANT ACCEPT TO GO TO HEAVEN?? WE DON'T DESERVE ANYTHING, BUT WE HAVE A HEAVENLY FATHER WHO LOVED US ENOUGH TO COME TO EARTH AS A MAN, & THE MAN DIED TO SAVE US FROM HELL, & CAME BACK TO LIFE! WE HAVE A CHOICE, HEAVEN OR HELL & YOUR IN GODS HANDS, YOU HAVE CHOSEN HIM, YOU ARE MORE BLESSED THEN YOU REALIZE, I LOVE YOU & WILL SEE YOU IN HEAVEN!!
@joywatkins4760
@joywatkins4760 Жыл бұрын
I AM SO SORRY THAT HAPPENED TO YOU! GOD BLESS YOU.
@kimschmidt2779
@kimschmidt2779 Жыл бұрын
Praying for you Psalm 103:3 “ I am the Lord your God who heals all your wounds and diseases.” Lord we come to your throne of grace and mercy and pray for this precious Saint for healing in Jesus Name Amen ❤
@MrDayinthepark
@MrDayinthepark Жыл бұрын
I'm stunned, at how bankers seem to not understand interest rate risk. The idea that bankers are smart, is blown away by this.
@libertychick3522
@libertychick3522 Жыл бұрын
Yup - the banks need bailouts - yet they own most of the sports and entertainment arenas. They can’t pay us interest in our money in their banks, but seems they are using our money to build and profit off such facilities…. Seems we should be getting royalties from the billions they are making…
@fasteddie4107
@fasteddie4107 Жыл бұрын
I just love Kennedy’s sensibilities and fervent patriotism.
@robertthacher-ro6bh
@robertthacher-ro6bh Жыл бұрын
In other words, if he ever runs for president, he gets my vote!
@nickpuluso1054
@nickpuluso1054 Жыл бұрын
Kennedy is the epitome of common sense and plain speaking.
@mildredkrisik8888
@mildredkrisik8888 Жыл бұрын
But what good does it do.
@krummbob
@krummbob Жыл бұрын
Meaning he has none of either. This man is such a fake he even fakes his Southern accent. What a piece of crap!!!
@glendalangley1877
@glendalangley1877 Жыл бұрын
@@mildredkrisik8888 He educates. He makes people understand. Something so lacking with a lot of teachers.
@TheChubbyd07
@TheChubbyd07 Жыл бұрын
I could use a bailout at the goddamn grocery store and the gas pump!
@dianeallen6330
@dianeallen6330 Жыл бұрын
Well said!
@lori64lg
@lori64lg Жыл бұрын
Blessed be His holy name.
@jp92382
@jp92382 Жыл бұрын
unfortunately this bailout is going to make food and gas prices go higher in the long term
@spencerm5913
@spencerm5913 Жыл бұрын
@@jp92382 bingo.
@debbiehigbee2935
@debbiehigbee2935 Жыл бұрын
Please don't use God's name in vain
@johnstewart9
@johnstewart9 Жыл бұрын
"Where were the regulators? You couldn't have found them with a search party."
@debbiewilson2415
@debbiewilson2415 Жыл бұрын
John Kennedy always tells it like it is. He also give me s little laugh with his comparison's. Love him.
@vickinewman9511
@vickinewman9511 Жыл бұрын
This man is a national treasure. He knows how to turn a phrase to make his point very clear that anyone can understand.
@mrnobody2210
@mrnobody2210 Жыл бұрын
He is part of thr deep state. Don't believe him all of them are part of Biden agenda soon you will see digital. Currency around July
@maryrowell1122
@maryrowell1122 Жыл бұрын
I would like to see him as trump's vice president
@rickreese5794
@rickreese5794 Жыл бұрын
Bingo PAL 🤙🏻😎
@offthehook4u
@offthehook4u Жыл бұрын
Whoa! Now there's an interesting proposal for sure!!!!!
@jacquelinejanz5792
@jacquelinejanz5792 Жыл бұрын
Has had years of public speaking experience WITHOUT TELEPROMPTERS
@gingerlanger9551
@gingerlanger9551 Жыл бұрын
Keep reporting truth! Always watch!!
@chiggyivyclaw4357
@chiggyivyclaw4357 Жыл бұрын
The line about knowing the difference between a banking textbook and an LL Bean catalog sent me lmao
@marthamoore7474
@marthamoore7474 Жыл бұрын
Excellent Senator Kennedy! We in the middle are being squeezed to death 😳
@davidrosenau3136
@davidrosenau3136 Жыл бұрын
It's the undeserving at the bottom that will keep electing their caretakers at the top.
@carrieporter3401
@carrieporter3401 Жыл бұрын
They knew what they were doing, saw the train coming and gave themselves bonuses before they derailed.
@hiimauntjonithebodyinsider9452
@hiimauntjonithebodyinsider9452 Жыл бұрын
@@carrieporter3401 Yes they did & FJB surely got his 10%!
@johncraig4661
@johncraig4661 Жыл бұрын
A bailout is when a business, an individual, or a government provides money and/or resources (also known as a capital injection) to a FAILING COMPANY
@patbeauchamp4006
@patbeauchamp4006 Жыл бұрын
Thank you for being you, Senator Kennedy.
@mrnobody2210
@mrnobody2210 Жыл бұрын
Kennedy is part of the deep state It's all smoke and mirrors
@deborahlauterbach6156
@deborahlauterbach6156 Жыл бұрын
This isn't surprising. Reckless behaviors need to be held accountable. Costing us our country. They aren't doing anything right.
@aann9190
@aann9190 Жыл бұрын
Sen Kennedy can say it like NOBODY else can! I love to watch him in action!
@AjWard-nh5tp
@AjWard-nh5tp Жыл бұрын
Adding insult to injury the employees received large bonuses before failing. Scammers.
@priceisright1580
@priceisright1580 Жыл бұрын
Silicon valley high tech thanks you for the free loans and mortgages
@patriciamcclanahan2114
@patriciamcclanahan2114 Жыл бұрын
I bet
@randymccluer3790
@randymccluer3790 Жыл бұрын
Same thing happened under Bush Jr.
@anthonysupplee858
@anthonysupplee858 Жыл бұрын
So you agree Democrats are NOW for Corporations! Thank you! There’s been a switch. Republicans are for the working class Democrats/Big pharmaceutical are for corporations.
@michelestone3194
@michelestone3194 Жыл бұрын
And that's how that f****** s*** works
@randallcromer66
@randallcromer66 Жыл бұрын
What I'm really pissed off about this the fact that nobody is going to be going to jail over any of this stupidly. They all got a big fat check and walked away with out any consequences for their crimes. How is that even possible is beyond ridiculous and reasonable thinking. There's something seriously wrong with this country when something like this happens and no one gets into any trouble whatsoever...🙄
@tracyripple
@tracyripple Жыл бұрын
"How is that even possible" It's called deregulation. And it's nothing new. When Reagan deregulated the banks in the 80's we had the S&L crisis. When Bush deregulated the banks in the 2000's we had the mortgage crisis. Trump celebrated his deregulation, and this is what we get. Isn't it time that you people who support deregulation pull your heads out of your ass? How many more times are you ging to fall for the same old bullshit?
@JJM-qf8dz
@JJM-qf8dz Жыл бұрын
All talk and no dues paid.
@ninadaly7639
@ninadaly7639 Жыл бұрын
Really? Look what the oil companies did and walked away with over $1 TRILLION in profits last year.
@zugzug9969
@zugzug9969 Жыл бұрын
Get DT to FIRE them all
@tracyripple
@tracyripple Жыл бұрын
@@zugzug9969 His lawyers? Probably won't help him at this point. Every lawyer he has fired to this point has rolled on him.
@michellemakeupandnails
@michellemakeupandnails Жыл бұрын
we need more people like Sen. John Kennedy to get this country in order
@jillbuzzard6808
@jillbuzzard6808 Жыл бұрын
Thank you for your words, they are so needed.
@vergelbansill9811
@vergelbansill9811 Жыл бұрын
If SVB is not Broke, where is the $200 Billion? Did Brandon get his 10%?
@priceisright1580
@priceisright1580 Жыл бұрын
Nothing would surprise me after witnessing years of this administration's manipulations
@michaelsanbornsniper8231
@michaelsanbornsniper8231 Жыл бұрын
This “bailout” should not have happened! Silicon Valley Bank should have just been put up for sale! It wouldn’t have cost the taxpayers a single cent!
@padfolio
@padfolio Жыл бұрын
If Trump doesn't sign the deregulation bill it doesn't collapse.
@Monk-Amani.
@Monk-Amani. Жыл бұрын
@Michael SanbornSniper • The deregulations under Trump shouldn't have happened.
@jakeglenn2246
@jakeglenn2246 Жыл бұрын
Thanks Senator Kennedy !! Now we know this is just another ROMANTIC FICTION from the President Schumer administration!!
@rachelwaller5604
@rachelwaller5604 Жыл бұрын
@@Monk-Amani. Senator Kennedy explains that SVB was heavily regulated under Trump. Stop your lies
@rachelwaller5604
@rachelwaller5604 Жыл бұрын
@@Monk-Amani. you can’t blame Trump forever. Lol it’s all you Democrats have huh?
@OnamissionTWO
@OnamissionTWO Жыл бұрын
John Kennedy delivery is perfect ,and understanding of the Position what happend 😂
@connielandry7468
@connielandry7468 Жыл бұрын
You are awesome Mr. KENNEDY. VERY PROUD IF YOU
@christophermaynard1902
@christophermaynard1902 Жыл бұрын
Go get him senator Kennedy!!!!
@YutubeBansALot
@YutubeBansALot Жыл бұрын
Remember banks will never ever bail you out of a mortgage loan….it’s tyranny
@randymccluer3790
@randymccluer3790 Жыл бұрын
Lol, 11 banks went under during 45s administration. Then 45 deregulated banks and the EPA allowed more pollution.
@bryanstone654
@bryanstone654 Жыл бұрын
John not Ted
@meeofcourse4152
@meeofcourse4152 Жыл бұрын
Agree. Concur
@1154wise
@1154wise Жыл бұрын
These banks are undeserving of any help whatsoever! Incredibly manipulative people without being held responsible- The banks should NOT be bailed out- I'm fed up with lies and the robbing of hard working people.
@scottb5420
@scottb5420 Жыл бұрын
Agreed! I own a business if I made poor decisions that put my finances at risk as to where I couldn't pay my creditors/expenses etc. Who is going to bail me out- NO ONE. Banks are businesses that should be held to higher standards and higher accountability. Bail outs teach them a big lesson- they can screw up and still continue to function. WHAT A JOKE!
@larrybe2900
@larrybe2900 Жыл бұрын
Tucker highlighted the culture at SVB that mirrors what Sen. Kennedy talked about.
@DAVIDMAINORD
@DAVIDMAINORD Жыл бұрын
THEY WILL GO BUST ANYWAY, STUPID IS AS STUPID DOES
@smileymalaise
@smileymalaise Жыл бұрын
They're not being bailed out. This guy is being stupid. Biden explicitly stated there will be no bailout. Why are you believing this nonsense?
@cleigh113
@cleigh113 Жыл бұрын
there was very little wrong with this bank or the other three - this was planned by your federal governement
@cherriphelps0108
@cherriphelps0108 Жыл бұрын
LOVE SENATOR KENNEDY!
@Hoellewood_Solutions
@Hoellewood_Solutions Жыл бұрын
“Bone deep, down to the marrow, Stupid!” Love it
@alau4739
@alau4739 Жыл бұрын
Silicon Valley Bank deserves to be closed and pay out the depositors a nice hefty class action law suit!. Now, why should we pay a bail out for their mismanagement!???
@commiehunter733
@commiehunter733 Жыл бұрын
But their management was super diverse🤣🤣🤣🤦
@blueDog697
@blueDog697 Жыл бұрын
They were closed, their depositors were made whole, but their investors lost everything. As it should be...moral hazard preserved, depositors protected. For there to be a successful class action there would have to be money, since they are defunct and the bonds they own are currently under water, that would be hard to do...right? This is unbridled capitalism, you wanted it, so now let's see you enjoy it.
@ambercollins777
@ambercollins777 Жыл бұрын
Thank you.
@lindastrang6755
@lindastrang6755 Жыл бұрын
Pay out what? They are broke.
@ericcarter2020
@ericcarter2020 Жыл бұрын
They were the bank democrats who were pushing the NEW GREEN DEAL and solar panels use to fund these stupid programs
@synthetiCore
@synthetiCore Жыл бұрын
"Too many undeserving people at the top getting bailouts and too many undeserving people at the bottom getting handouts, and the people in the middle are getting the bill." Nailed it.
@donnad4264
@donnad4264 Жыл бұрын
So TRUE
@nickireynolds4647
@nickireynolds4647 Жыл бұрын
Amen and amen😊
@jjj-pb2qf
@jjj-pb2qf Жыл бұрын
the regulators where in bed with the banks
@erichk1674
@erichk1674 Жыл бұрын
Hit the nail on the head
@lisawallace921
@lisawallace921 Жыл бұрын
Middle man either hot or cold GOD hate Luke warm
@daraki1
@daraki1 Жыл бұрын
Senator Kennedy is such a peerless and eloquent speaker. Thank you! God bless him as one of our treasured Senators!
@MrBensonjames
@MrBensonjames Жыл бұрын
Why should we bail them out ??? NO ONE comes to help us out when we are in trouble!!!!!!!!!!!!! we lose everything!!!!!!!!!
@Chulitatr
@Chulitatr Жыл бұрын
Biden didn't bail out SVB,. In fact, SVB is being investigated by the FEDS and the FTC for the bank executives giving out bonuses before the bank was shut down.
@MrBensonjames
@MrBensonjames Жыл бұрын
@@Chulitatr ya its just NOT right for the banks to use our $$ to make them $$ and we dont get any of it !!!! and they charge us to use there banks!!! i took all my $$ out of the bank !! will not be useing my $$ anymore!!!!!!!!
@bradleyqueen3879
@bradleyqueen3879 Жыл бұрын
I've been pissed off with these bailouts since the 2008. Socialize the losses and privatize the gains. It's the American way.
@dlewisfl
@dlewisfl Жыл бұрын
Because you did not donate heavily to the Joe Biden campaign. See how fast he ran to their rescue? See how he did bubkus for the people in OH when that train de-railed, people who didn't donate heavily to his campaign?
@Lugans
@Lugans Жыл бұрын
THIS IS ALL FAKE NEWS. There was no BAILOUT announcement regarding SVB.
@reneluchinger1210
@reneluchinger1210 Жыл бұрын
Bravo! Truer word were never spoken.
@Bmobetter
@Bmobetter Жыл бұрын
Senator Kennedy can explain things like nobody else can
@colberthunter12
@colberthunter12 Жыл бұрын
Tell him to explain why the Republicans took the reforms off SVC bank that allowed them to play with people's money?
@markhartung
@markhartung Жыл бұрын
@Jake Demuss Bet you wish you had his knowledge prat...
@rogerr4941
@rogerr4941 Жыл бұрын
You're violating my rights right now by asking me to keep a comments down freedom of speech violations
@raymondwhitt9980
@raymondwhitt9980 Жыл бұрын
​ 😂ca
@mm-du6xq
@mm-du6xq Жыл бұрын
*cėn
@thereseajones2621
@thereseajones2621 Жыл бұрын
No more Bank Bailouts!
@rockyduck5716
@rockyduck5716 Жыл бұрын
THEY ARE ALL CROOKS AND SCAMMERS
@tymillie2
@tymillie2 Жыл бұрын
I’m from UK, I listen to you and watch you because you say it how it is and completely make sense.
@garyswill3857
@garyswill3857 Жыл бұрын
Bravo John Kennedy and thank you for making this note...
@paulasturgess9235
@paulasturgess9235 Жыл бұрын
I get so tired of hearing it isn’t going to cost the tax payers. Where do they think the money they spend and including their salaries comes from us the tax payers.
@joywatkins4760
@joywatkins4760 Жыл бұрын
THEY SHOULD FREEZE ALL OF THE PEOPLES ACCOUNTS IN THE GOVERNMENT. I WOULD BET BIDEN HAS ALL THOSE TRILLIONS AND NOT UKRAINE. I BET UKRAINE IS GOING TO BE ON BIDEN'S BUTT. THEY ARE NOT OUR FRIENDS!!
@xavierdaume2757
@xavierdaume2757 Жыл бұрын
We are all tired of being taken for idiots....It is a fact that politicians are scammers and use the typical language of scammers and among the most experienced scammers you will see socialist politicians from the left.
@ginad8420
@ginad8420 Жыл бұрын
Their salaries are the lowest cost things we pay for them. Its the millions that we spend on each annually, that they CHOSE themselves entitled to, thats what's killing us.
@larrymoore8094
@larrymoore8094 Жыл бұрын
From us!
@stevenartascos2918
@stevenartascos2918 Жыл бұрын
Mr. Kennedy is a great American!! Thank you for speaking up!!
@geluns2801
@geluns2801 Жыл бұрын
Love this mans descriptive words!🥰!!! God Bless
@jacquelinekraynek6300
@jacquelinekraynek6300 Жыл бұрын
They all took bonuses at this bank the day before it failed
@Chulitatr
@Chulitatr Жыл бұрын
Biden didn't bail out SVB,. In fact, SVB is being investigated by the FEDS and the FTC for the bank executives giving out bonuses before the bank was shut down.
@chrispaul7849
@chrispaul7849 Жыл бұрын
and Israel took out one billion a week before
@RIbigDave
@RIbigDave Жыл бұрын
​@@chrispaul7849if they were able to see what was coming why wouldn't they take the money out?
@johnathonmullis4234
@johnathonmullis4234 Жыл бұрын
Additionally, Silicone Valley bank gave themselves bonuses hours before they went belly up. Employees also sold off millions of dollars of stock in the weeks leading up to their closing. Lots of reasons why they shouldn’t be helped.
@quitefranklysamanthatheres1018
@quitefranklysamanthatheres1018 Жыл бұрын
They knew it was going to be a mass effort to consolidate on the Feds part and our government bc money is control and this government currently usurps power wherever whenever possible - they love over reach and controlling money is power
@robertdickerson4460
@robertdickerson4460 Жыл бұрын
Reasons #1 POVERTY PRESIDENT JOE BIDEN
@alexbrezny6108
@alexbrezny6108 Жыл бұрын
You understand the difference between the people who are using the bank and the people who are invested in it right?
@alexbrezny6108
@alexbrezny6108 Жыл бұрын
Like I use US Bank, let's say they're caught running a drug smuggling ring with smuggling in illegal food from Mexico like let's say Mexican coke so we can drink coke from a can like a true red blooded American, unlike the glass bottles of other countries. Anyways so my bank gets caught smuggling over a 50 billion dollars worth of coke, and the company goes bankrupt. Now I've been banking with US Bank for 20 years ever since I got my first student checking account when I got my first job at my local grocery store. They've not charged me a single fee because of my special student account that I kept, so I opened a credit card with them because they offered me the best deal and I got a savings account and invested with them. Now let's say I'm a machine learning engineer at Ford, I work on computer vision for their cars because I'm working on the self driving cars division. I got the job straight out of college because I fixed a problem with their implementation of a certain piece of software. Now I work my ass off at Ford, I finally make my grandparents proud as they used to work at the Ford plant and now I am too working on the same machines they did. Now I keep that US bank account and I deposit money into my savings like you're supposed to, and I'm saving up for a house for me and my girlfriend because I want to have a house before I propose. Since I live in SJ, where all the tech jobs are houses are really expensive, and the self driving car startup that's backed by Ford is located out there. So I'm saving up for a down payment on a house, I'm saving a lot of money. Combined with all the money I'm saving for my future kids college fund and all the other money I have in the bank I'm over the 250k limit which isn't much in SJ, the down payment on the house is expected to be like over 250k in San Jose if you want a decent house they start at 2 million, seriously it's like they should build more houses here. So I'm saving up money for the down payment and I'm saving for emergency expenses so I have 6 months salary saved just in case. Now ML engineers make like 250k a year so that's like over 100k. That means I'm over the FDIC limit. Think my situation is unlikely ok maybe. Now imagine you're a startup that has to hire at least 5 of me for your product to work, that's just ml. Not DevOps, web, desktop,cloud, mobile, backend, database, low level or data scientists. THIS IS JUST THE INFRASTRUCTURE NEEDED TO DEVELOP THE THING, not to mention legal, accounting, payroll, management, and everyone else a normal company needs. NOT TO MENTION, the office, the furniture, the computers (we need them for work), gigabit Ethernet, servers themselves (Google, Amazon and Microsoft most profitable divisions are their cloud ones). If you are trying to pay for that with only 250k in your bank account you're crazy. Should all these people lose their jobs because the founder wasn't paying attention when one of their VCs recommended banking with svb. That money for depositors is payroll mostly, so everyone doesn't lose their jobs. People in SJ are used to looking for new jobs but it's usually because of something the company did or didn't do. Not because the VCs choose the wrong bank.
@dingdong7986
@dingdong7986 Жыл бұрын
@@alexbrezny6108 did the bank not go under from people pulling too much money out of the bank that they couldn't cover shit was coordinated a bunch of rich people with tons of money in the bank helped collapse it
@scathachmuirisc7149
@scathachmuirisc7149 Жыл бұрын
Why are these executives not in jail or at least, out of a job and the monies that they made arrested and used as part of the restitution to customers...?
@alansmith133
@alansmith133 Жыл бұрын
No more bailouts no more gifting billions or billions or trillions of dollars to anyone
@dianeallen6330
@dianeallen6330 Жыл бұрын
Agree!
@MP-gm5gg
@MP-gm5gg Жыл бұрын
Right on. Where's the administration getting all this money. If Medicare and ssc is in jeopardy.
@jeanalice4732
@jeanalice4732 Жыл бұрын
Obama's solution. Looked how it works out for him
@rockyduck5716
@rockyduck5716 Жыл бұрын
THEY ARE ALL CROOKS & THE GOVERNMENT IS RIGGED
@mboyd988
@mboyd988 Жыл бұрын
It sounds like this bank already knew it was going to be bailed out...
@clydapowers3987
@clydapowers3987 Жыл бұрын
That's why they made sure they gave out bonuses to their employees the same day that the bank failed they knew what was coming
@jeffthomsen6981
@jeffthomsen6981 Жыл бұрын
I could listen to Mr. Kennedy forever.
@lonniefreeman5763
@lonniefreeman5763 Жыл бұрын
I'd rather listen to the rolling stone after all they are the same age.
@rogerspivey1121
@rogerspivey1121 Жыл бұрын
Love your speech, you’re on the ball and keep up the good job.
@martykayzee8398
@martykayzee8398 Жыл бұрын
The depositors are insured, the investors are NOT bailed out.
@thegoodguy729
@thegoodguy729 Жыл бұрын
Every American should hear this.
@Nahnie-Lucy
@Nahnie-Lucy Жыл бұрын
“Nothing is free… someone had to work for it!”… ❤️❤️ it. Thank you Senator Kennedy. Words exactly what my mom use to say back in the day!!
@willl7780
@willl7780 Жыл бұрын
exactly and lets not forget that the bank president lobbied to de regulate his own bank....now this
@stevedouthit6970
@stevedouthit6970 Жыл бұрын
I'd like for Yellen to be hauled in and questioned as to why this was done after she emphatically stated this wouldn't be done!!
@jamesnelson8715
@jamesnelson8715 Жыл бұрын
Yes that’s my Senator,yes I am from Louisiana,yes I am proud of him ,and I smile every time he speaks 😂🤣😂
@lynwill9946
@lynwill9946 Жыл бұрын
The senior executives of the bank sold their stocks weeks before the collapse. They should be charged and convicted 😡
@joancahill4405
@joancahill4405 Жыл бұрын
Exactly!
@jillfryer6699
@jillfryer6699 Жыл бұрын
Definitely. The day before yesterday.
@tinacarvalhoBodyandHealth
@tinacarvalhoBodyandHealth Жыл бұрын
Nothing will happen to them
@305jett
@305jett Жыл бұрын
But he and his friends and company want to arrest Trump over some bullshit charges,
@Nasdaqbaby
@Nasdaqbaby Жыл бұрын
Where’s pelosis arrest warrant for insider trading
@marstondavis
@marstondavis Жыл бұрын
One of the best Senators in D.C.. Every time he speaks, on any subject, I can follow the entire way through. His plain speaking is such a breath of fresh air. He's honest, forthright, and knows his subject inside and out. The best part is that he doesn't give a damn who gets their feathers ruffled. He just says it as straight and plain as can be said. I like him!
@skunkape6191
@skunkape6191 Жыл бұрын
That's funny, I've never heard Sen. Kennedy say anything to ruffle the feathers of the GOP LOL. He's not special in any way. Just another partisan spin doctor.
@Onewitekrow
@Onewitekrow Жыл бұрын
👍👍👍👍👍👍❤️👍👍🌟
@kayallen7603
@kayallen7603 Жыл бұрын
Shame then that he doesn't know squat about banking then.
@toddgreen3901
@toddgreen3901 Жыл бұрын
I w/ u Marston! Tell it like it is!
@barbaracreel2777
@barbaracreel2777 Жыл бұрын
lol You are so right. All the Kennedy 's knew their stuff. I hope he runs for President one day. I would vote for him.
@BOOMBIGZ
@BOOMBIGZ Жыл бұрын
Wonderful video! Great information! Enjoyed in full! :)
@susanjohnson2902
@susanjohnson2902 Жыл бұрын
Thank you
@scottbrooks5662
@scottbrooks5662 Жыл бұрын
It should be a crime that SVB directors was able to sell their stock and paid out company bonuses hours before failing .
@rickybobby7276
@rickybobby7276 Жыл бұрын
I can live with that. It's part of the game. We allow politicians to do insider trading. My bigger concern is that the silicon valley millionaires got free FDIC insurance they weren't supposed to have. Stopping the executives is easy just don't do business with them. But how do you go about stopping millionaires from stealing from our government through coercion of bank runs throughout the country and circumventing congress who is the only that should be rightfully giving out money?
@lrow5416
@lrow5416 Жыл бұрын
No bank about to go in the red should be paying out bonuses. Why didn’t they care? Because they already knew they’d get bailed out. Makes it look like the government was in on it all along.
@billmcghee7680
@billmcghee7680 Жыл бұрын
@@rickybobby7276 there was a long time ago, in the U S., through many ups and downs, through tests of two World Wars, to even fight to keep our freedom, the notion that you were responsible for your own well being, your success, your future. You either earned a G.I. Bill through military service, and/or got educated and worked hard, and saved frugally to have the means to afford a place in society. There were few "gimmes." Life was pretty much what you made it. Now, we have handouts, bailouts, entitlements, freebies. Everyone expects something for nothing. We became soft and spoiled. Why we are losing our Constitutional Republic, and why we may not notice it's priceless and unique opportunity for us all, until it's gone.
@truthlogiclove
@truthlogiclove Жыл бұрын
@@rickybobby7276 Accounts should've went up for auction, in which case the particular banks would hand the costs down, not this fantasy "all the banks bear the cost".... as they can borrow from a $25 BILLION surplus, ie loopholes galore that will be taken advantage of in the same discriminating fashion you just referred to as "part of the game." In my opinion, thats a bad spot to comment with half the data re- steps taken to avoid the $250k insured ceiling b/c your whole point supports corruption (?)- The truth is (and please finish reading before you find this naive) we don't "let" politicians do insider trading, we're just incapable of stopping them ONCE WE VOTE THEM IN. I might be strawmanning your point a bit (though you did leave it to assumption and interpretation) because Id like to assume you DONT support the corruption, you just spoke in a more "It's a problem we don't seem able to fix" manner. Anyway, I appreciate you taking the time to write full thoughts. I'm not saying I know how to stop insider trading within our government- tbh, the more I learn, the finer the line is on what "insider trading" encompasses. It's a fine line between being noting implications from legal information vs illegal information. We agree 90% (I'd like to think), I feel you just left an important and large slice out of the FDIC pie- the buck doesn't stop there, there were other legal avenues we could've taken AFTER the place went upside-down.
@truthlogiclove
@truthlogiclove Жыл бұрын
@@rickybobby7276 actually, the "I can live with that" knocks it down to 80%... but my brother's name is Eric Robert... we call him Ricky Bob... so 85%? 😄
@craigbuchanan5294
@craigbuchanan5294 Жыл бұрын
The board members of the banks should face jail time and loose everything they own
@rickreese5794
@rickreese5794 Жыл бұрын
Bingo PAL 🤙🏻😎
@trevorzook6866
@trevorzook6866 Жыл бұрын
They won't
@tammyheffner1354
@tammyheffner1354 Жыл бұрын
Right! That’s what I’ve been saying about Pelosi, Obama, Hilary, Schumer, Schift, AOC, Biden, Harris, and list continues. Arrested, life sentence and loose everything
@matthewklahn3204
@matthewklahn3204 Жыл бұрын
Why? What crime did they commit? People should be jailed because you disagree/misunderstand their business practices? When you make a law, banks follow them. They make money regardless. If you expect them to be good Samaritans you may be insane. The public puts up with it, and both sides are banking on the trans issue to generate revenue for this final presidential election. We need a constitutional convention, period.
@77.88.
@77.88. Жыл бұрын
Only one investment banker spent jail time for 2008 the rest joined Obama as financial experts they took the stolen money with them and never paid a dime back.
@jamespool4678
@jamespool4678 Жыл бұрын
Thank you Mr Kennedy for your explanation someone should definitely be fired at the FDIC and I can only pray that the government and the people will be held responsible for their actions
@zdenkazila8615
@zdenkazila8615 Жыл бұрын
My favorite man just said it..Thank you.
@CATownsend777
@CATownsend777 Жыл бұрын
Also, Sen. Kennedy, those directors of SVB, I heard, gave themselves huge bonuses just before the failure. If true, they knew they had a problem, but they still gave themselves bonuses. I believe those funds should be returned to the bank. In addition, those individuals should go to jail. A standard of fiduciary responsibility must be set with consequences if reckless behavior is found.
@lindahebb9690
@lindahebb9690 Жыл бұрын
I love Senator Kennedy's advice regarding the poor treatment of the American citizens. How can this be done.
@jackiefowler6237
@jackiefowler6237 Жыл бұрын
God bless Sen. Kennedy! I wish we had more like him!
@cousinitt7915
@cousinitt7915 Жыл бұрын
My Hero! One of the best!
@otpyrcralphpierre1742
@otpyrcralphpierre1742 Жыл бұрын
"Bone deep, down to Marrow Stupid!" Kennedy has such a way with words...
@teresah5318
@teresah5318 Жыл бұрын
Yes! Loved that expression!
@beverlyray9463
@beverlyray9463 Жыл бұрын
Absolutely loved listening to him. Sounds as if some people need to be replaced if they won’t do their job correctly. Maybe they need to spend a little time in jail to think about what they have done.
@nitaabey3186
@nitaabey3186 Жыл бұрын
I LOVE THIS MAN, AND HE IS SO RIGHT
@Wearescrewed
@Wearescrewed Жыл бұрын
Kennedy is awesome
@bryanstone654
@bryanstone654 Жыл бұрын
John not Ted
@su8096
@su8096 Жыл бұрын
Yes I always listened to
@Chulitatr
@Chulitatr Жыл бұрын
Biden didn't bail out SVB,. In fact, SVB is being investigated by the FEDS and the FTC for the bank executives giving out bonuses before the bank was shut down.
@Crazyuncle1
@Crazyuncle1 Жыл бұрын
Such wise words to an almost empty room. Yes, America that’s our government at work for you.
@robertwalker5521
@robertwalker5521 Жыл бұрын
Make a rule :. No attendance / no pay
@elizabethquinn1156
@elizabethquinn1156 Жыл бұрын
I do believe other Congressmembers r watching from their offices nearby, even from their home offices.
@elizabethquinn1156
@elizabethquinn1156 Жыл бұрын
🇺🇸🌎🔔🎺🦅🥁‼️🗣🐘
@johnh6515
@johnh6515 Жыл бұрын
@@elizabethquinn1156 Not good enough ! These bankers, were not in ATTENDANCE either . They need to take their haircuts, and look for a new job.
@brazilian-lady9175
@brazilian-lady9175 Жыл бұрын
Room is empty because their Bank account if full. They do not care what is going on. Share the video and they will see it etc..
@netty4954
@netty4954 Жыл бұрын
Thank you John Kennedy I'm English in UK love your truth and Jim Jordan's.x
@sriley53sr
@sriley53sr Жыл бұрын
🙇‍♀️God bless you Senator Kennedy! ❤Your integrity is admirable, and appreciated by, "We The People"! ☝️🙌☝️❤ God help us..❤🇺🇸
@holy7152
@holy7152 Жыл бұрын
It's only the Rich that get bailed out!
@YutubeBansALot
@YutubeBansALot Жыл бұрын
Remember banks will never ever bail you out of a mortgage loan….it’s tyranny
@sqlcomp
@sqlcomp Жыл бұрын
TRUTH!
@pcrypto5765
@pcrypto5765 Жыл бұрын
Crooks Obama and Hillary got accounts at SVB, the Crook bailed out other Crooks😆
@Dan-sc7us
@Dan-sc7us Жыл бұрын
Really? What about student debt?? You need to THINK before you write!
@priceisright1580
@priceisright1580 Жыл бұрын
@Dan that hasn't gone through yet and is not going to and will be overturned if it did go through it was set up to fail just like Affordable Healthcare Act was set up to fail and destabilize the greatest Healthcare Industry in the history of rhe world
@robertsutton3001
@robertsutton3001 Жыл бұрын
We the people. The ones who are paying attention, love you Senator.🙏
@DimitriosChannel
@DimitriosChannel Жыл бұрын
Obama 2.0
@jwool6868
@jwool6868 Жыл бұрын
@@DimitriosChannel at least its not Trump 2.0
@kennyphillips5153
@kennyphillips5153 Жыл бұрын
​@@jwool6868 If President Trump was president this wouldn't be a problem.
@regiebrace5262
@regiebrace5262 Жыл бұрын
The common man believes in We the people. Elites believe in, ME the People...
@mayraboatman7149
@mayraboatman7149 Жыл бұрын
Thank you!!!! For your explanation!!!! I AGREE!!!!!
@terridobson8561
@terridobson8561 Жыл бұрын
Not the people's money? Doesn't the money in the banks belong to people???
@harrisonfoster9744
@harrisonfoster9744 Жыл бұрын
Love this guy. You're seriously a legend
@jillfryer6699
@jillfryer6699 Жыл бұрын
parent problems I wonder.
@davidbarwise1031
@davidbarwise1031 Жыл бұрын
I’ve been following Senator Kennedy for years. He tells it as he sees it no holding back bullshitting . Would love to see him on the ticket with Trump.
@Mel-vu9ss
@Mel-vu9ss Жыл бұрын
This man is a national treasure. God bless him.
@crystallawson2557
@crystallawson2557 Жыл бұрын
Amen
@rebaeasler
@rebaeasler Жыл бұрын
Good for KENNEDY..
@Valentine3e
@Valentine3e Жыл бұрын
Now I understand . ThankYou Senator Kennedy ✨🙏🏼✨
@davidav3980
@davidav3980 Жыл бұрын
Great Speech !!! |This should be taught in schools. People need to get educated on what these people do and how it affects our life.
@jerrydonquixote5927
@jerrydonquixote5927 Жыл бұрын
Senator Kennedy is truly a level-headed man we need more like him in our offices!
@richardmartinez1167
@richardmartinez1167 Жыл бұрын
Kennedy the great. Senator for the 2nd poorest state in the union. What has he done to help it.
@wwslttry
@wwslttry Жыл бұрын
Damn Right!
@mikecason5898
@mikecason5898 Жыл бұрын
Indeed
@kennyphillips5153
@kennyphillips5153 Жыл бұрын
Kennedy would be a great president.
@bigb6046
@bigb6046 Жыл бұрын
The best!
@Rufus..Calhoun
@Rufus..Calhoun Жыл бұрын
Banking industry is such a scam. unreal......
@nataliam9921
@nataliam9921 Жыл бұрын
Thank you Senator John Kennedy for always speak the truth and fighting for America 🇺🇸 God bless you
@vutube379
@vutube379 Жыл бұрын
Damn. The bank should be hit with violations snd fines, then closed down permanently.
@cleigh113
@cleigh113 Жыл бұрын
the bank was fine- they had a buyer for the bank even- feds created this for their purposes...dig deeper with your outrage.
@Chulitatr
@Chulitatr Жыл бұрын
Biden didn't bail out SVB,. In fact, SVB is being investigated by the FEDS and the FTC for the bank executives giving out bonuses before the bank was shut down.
@theseustoo
@theseustoo Жыл бұрын
Fines nothing! Their directors should be jailed!
@vutube379
@vutube379 Жыл бұрын
@C Leigh He did say regulators could have corrected the situation. It is disgusting to know private persons reported the problem last autumn. It does not change the mismanagement of the bank hedging against high risk securities.
@jordanheetland
@jordanheetland Жыл бұрын
I love these long form floor speeches. I wish all news was done this way. Thank you Forbes!!
@maria.whiddon
@maria.whiddon Жыл бұрын
Love this man and his way with words
@leighholtorf5154
@leighholtorf5154 Жыл бұрын
I Love the way you say what you feel 👏🏻
@chrissychellecalhoun
@chrissychellecalhoun Жыл бұрын
I love him!!! He speaks my language and don’t use all these big affluent words! ❤❤
@abdieljp
@abdieljp Жыл бұрын
I'm sure that most of us regular folks have been seeing the news about these banks and are worried but have no idea what's happening. Kudos,as always, to the distinguished Senator from Louisiana for explaining in down to earth terms what these economic keystone cops are up to. Crooked system top to bottom.
@CliffLeyba
@CliffLeyba Жыл бұрын
Thanks for explaining Silly Cone Bank.
'That's A Lie!': Bill Cassidy Harshly Confronts Janet Yellen
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