Ep. 293: The Silicon Valley Bank Failure Was Due to COVID Policies, Woke ESG, and Bad Business

The Liz Wheeler Show

Blaze Media

Daily News, News Commentary, News

4.9 • 4.2K Ratings

🗓️ 14 March 2023

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The Silicon Valley Bank collapse is a scandalous story that will affect all of us at our kitchen tables. Today, Liz investigates what factors played a roll in this collapse—from COVID policies to woke ESG to a fundamentally flawed business model—in order to explain the impact. Plus, will there be a ripple effect and how can we prevent this from happening again? This is The Liz Wheeler Show. -- Get 10% off at 4Patriots when you use the promo code LIZ: https://4Patriots.com. -- Cozy Earth provides the softest, most luxurious sheets on the planet. Save 35% on Cozy Earth bamboo bedding at https://cozyearth.com/liz35. -- See why tens of thousands of business owners trust Patriot Software. Try the accounting and payroll software for FREE for 60 days using promo code LIZ: https://patriotsoftware.com. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, direct TV viewers, Bill O'Reilly here, inviting you to watch the No Spin News on the
0:05.5	first TV every night 8 PM Easter. The 2024 election coming up fast, pundits parade from
0:13.0	Channel to Channel pushing nothing but speculation and their own partisan agenda. All that stops
0:19.4	now with me, Bill O'Reilly, on the first TV. More than ever, Americans need facts, not
0:26.0	spin. So please join me every night 8 PM for the No Spin News on the first TV, direct TV
0:33.5	channel 347. Stand up for your country. Happy Tuesday, welcome to the Liz Wheeler Show.
0:41.4	We are going to talk today about one of the most massive scandalist stories that has happened
0:47.3	in recent history. This quite possibly could be the biggest story of 2023. It could have
0:53.0	the most repercussions in every area of our country. Could touch more of us at our kitchen
0:59.3	tables in our pocketbooks and our bank accounts than almost any other story. I'm not trying
1:03.3	to fear monger here. I'm just looking at this and analyzing exactly what is about to happen.
1:09.2	I'm talking about the collapse of the Silicon Valley bank. It's happened in the last couple
1:15.2	days. It's been unfolding for a couple of weeks and I want to talk exactly, or I want
1:20.5	to talk about exactly what happened because my first reaction when I saw this go down,
1:25.4	my first reaction was twofold. I wanted to ensure that the federal government did not
1:31.3	bail out this bank. I, as a taxpayer, did not want my money going towards paying people
1:37.1	who lost their money as sad and as harsh as it is to say, to see these people potentially
1:41.7	wiped out. But that's the looking forward perspective. The looking backward perspective
1:48.3	is I wondered what happened. What exactly led to this? What are the factors that contributed
1:54.7	to this? Because there's a lot of talk right now, maybe even some chaos, some fear, a
2:01.6	lot of questions about, well, what is going to happen? Are we going to see a bank run
2:06.2	across our country? Is this isolated justice to this one bank or is this going to have a
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