Banks Are Failing - March 13th, Hour 1
The Sean Hannity Show
Sean Hannity
4.0 • 9.9K Ratings
🗓️ 14 March 2023
⏱️ 36 minutes
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Summary
Several Silicon Valley banks failed over the last week and President Biden has said that the federal government will backup all deposits so that everyone is kept whole. Biden says this will happen "without the taxpayers being on the hook." If the taxpayers aren't going to pay, who will? Bidenomics is clearly failing.
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Transcript
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| 0:00.0 | all right thanks got Shannon and thanks to all of you for being with us lots to talk about today |
| 0:07.0 | eight hundred nine four one Sean if you want to be a part of the program obviously the |
| 0:12.2 | issue of banking in america is top of mine for everybody uh you know when you're being |
| 0:18.9 | lied to uh and when you're being propagandized when everybody in in administration and then |
| 0:25.7 | the media follows suit because they're in the pocket of the democratic party starts they start |
| 0:30.0 | using the same words you know like but Joe Biden our banking system is safe and then Janet |
| 0:36.3 | Yellen American banking system is really safe and resilient and then the office of management |
| 0:43.3 | budget director Chalanda Young says our banking system is resilient and secure meanwhile yesterday |
| 0:50.4 | Janet Yellen was saying uh you're not going to see a bell out of the silicon valley bank well |
| 0:55.9 | that lasted less than 24 hours before Joe you know stepped up um there's a lot to cover here |
| 1:04.1 | and you have the FDIC now taking control of this this first bank you have a second bank now closing |
| 1:11.8 | and you know I know you're hearing a lot about the convoluted technical explanations for what we see |
| 1:17.6 | happening in america's banking system but the root cause of of bank collapsing is is quite simple |
| 1:24.1 | and that's after two years of record breaking Joe Biden inflation america's banking system has |
| 1:30.7 | started to crack under the pressure now in the case of silicon valleys bank collapse we'd have |
| 1:35.7 | we've had 15 years of record low uh interest rates in this country and then Biden inherits 1.4 |
| 1:44.4 | percent inflation it's a joke by the way when he says this is Donald Trump's fault you know he |
| 1:49.5 | has blamed Donald Trump for the border he has blamed Donald Trump for even the the Chinese |
| 1:54.7 | spy balloon he's blamed Donald Trump for Russian aggression uh open borders inflation the East |
| 2:01.3 | Palestine you know crash uh the refugee program budget deficits now bank failures I mean if the dog |
| 2:09.1 | bites the beastings you're feeling sad it's not Joe's fault it's Donald Trump's fault uh but this |
| 2:14.0 | is how sick they are but um you have in this case in silicon valley bank you know that they ended |
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