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The John Batchelor Show

#SpecialEdition: #MrMarket: Return of the Treasury-supervised bail out. Liz Peek, The Hill, Fox News.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 15 March 2023

⏱️ 3 minutes

🧾️ Download transcript

Summary

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@Batchelorshow

#SpecialEdition: #MrMarket: Return of the Treasury-supervised bail out. Liz Peek, The Hill, Fox News.
https://www.wsj.com/articles/were-banks-just-bailed-out-by-the-government-6b0a582f?mod=Searchresults_pos1&page=1


Transcript

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0:00.0

I want to take a second to tell you about the biggest international festival for pop casting.

0:04.7

The Pop Car Show London will bring together thousands of people under one roof on the 24th

0:09.5

and 25th of May, featuring industry leaders, creators, brands, and some of the most recognizable

0:15.4

names in pop casting, as well as parties and an evening festival of un-missable live shows.

0:22.0

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0:27.0

Book yours at thepopcarshowlunder.com

0:52.0

of the Big Bangs Too Big Defail.

0:54.0

Now the word bailout again in the resolution so far of Silicon Valley Bank.

1:02.0

The Biden administration saying it's not a bailout.

1:04.6

The Wall Street Journal, the financial times, all the distinguished publications, barons,

1:10.2

Bloomberg, they're using the word casually.

1:13.2

It's a bailout.

1:14.7

Someone pays.

1:15.7

This peak of the hill of Fox News, much on Fox Business, makes the point very effectively.

1:24.0

It's a bailout.

1:25.7

We are accepted.

1:27.6

People get hurt in bank failures.

1:30.1

People who are not responsible and yet it's a bailout.

1:35.0

Here's Liz.

1:37.0

When banks start to fail, a lot of people get sucked into the vortex and a lot of innocent

1:42.6

people get sucked in.

1:45.0

People who had their money there and basically lost it or whatever.

...

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