Biden Administration Hurries To Protect The Ruling Class But Habitually Abandons Hardworking Americans

The Biden administration quickly intervened to fix the mess created by the President’s inflationary spending, and the Federal Reserve’s aggressive interest-rate changes.

SVB spent years spending tech cash to buy up long-term debt. But, the West Coast bank wasn’t able to cover deposits for “”Nearly half the nation’s venture capital-backed tech and life-science companies are venture capital-backed.”

Biden decided to make it a habit of doing this repeatedly. Cash floods are possible The Federal Reserve increased interest rates dramatically from near zero in 2020, when they were hovering around zero in 2020, after he was elected to the White House. These suddenly high interest rates led to SVB’s large-scale bond investments that had soared in lockdowns in 2020. This would eventually lead to the bank’s collapse.

Federal Deposit Insurance Corporation (FDIC) took control of the bank on Friday. They guaranteed SVB and the equivalent of billions of US dollars. Signature Bank, New York-based connected Deposits, even the large portion of accounts that exceed the $250,000 limit.

Biden and his Administration They are uncompromising They are not bailing out taxpayers by doing what they did for SVB, but it is a claim. Republicans reject.

It is also a claim that falls on the deaf ears normal Americans who, despite years spent struggling under crises inflicted upon them by Biden, have yet get a reprieve.

Silicon Valley tech bros receive federal guarantees that will protect their fancy homes and cars. Party hosts can be very expensive Within days of imminent disaster, American middle-class Americans who are hardworking and self-sufficient Like the people of East Palestine, Ohio who pleaded for attention to the federal government’s inattention, they spent weeks asking. Worst environmental disasters in American history.

“I think that our leadership — our media and our politicians — were slow to respond to this crisis, in part because a certain segment of our leadership feels like the people in East Palestine are a little out of style. They have the wrong politics, they are a little too rural, maybe a little too white,” J.D. the Republican Senator Vance stated in a recent Senate meeting about the derailment.

The corporate media He was smeared Vance may have suggested that, but Vance is right in identifying East Palestine’s train derailment/chemical burn as a problem that the Biden administration has not yet resolved.

It took Secretary for Transportation Pete Buttigieg There will be weeks of follow-up with Ohio residents About the crash. Biden has Yet to be visited The afflicted city is still in limbo, but locals remain concerned about the situation Poor air quality testing Norfolk Southern Refusal of homeowners to be compensated For the damage its chemical spillage caused to the community.

Biden delivered his 2023 State of the Union Address. bragged That he is committed to “investing in places and people that have been forgotten,” The Americans who “have been left behind and treated like they’re invisible.” Biden however, makes it easy for regular Americans to see the U.S. Service members, allies, Their families Biden didn’t see who was behind the failure to withdraw from Afghanistan, or how the United States could have prevented it. There are tens to thousands of workers in the oilfield and fossil fuel industry. Biden’s first day of office saw many people lose their jobs. It was not the woke ruling group who get the short end every time.

The people living in the heartland of the country have struggled for the past two years to pay for essentials such as gasoline. eggsProtect your home from crime and avoid the national drug crisis.

The U.S.-Mexico border has seen landowners and farmers endure more than two decades of hardship. cut fences, vandalism, Trampled fields, and Contaminated crops. They asked for Biden will secure the border Or at the very least, pay Indemnify property damage His border crisis is ignored over and again. It took Biden two years of illegal border crossings that set records before he was allowed to step foot near the agents and communities who continue to bear the consequences of his actions.

It’s however not yet Vogue model Volodymyr Zelensky, the Ukrainian President, who receives billions of dollars, hours-long attention, and overseas trips every time he blinks an eye at the government.

This is the same guy who boasted during his State of the Union address that he had “put” in “America First” clearly believes this applies only to the ruling class. Even worse, Biden’s bias towards normal Americans is not a result of deliberate neglect.

Biden Administration considers it a “good citizen” to be a “good citizen.”MAGA Republican“Against the covid jab, pro life religiousYou can also call it: Be skeptical about the 2020 ElectionYou are a threat to democracy and don’t merit the protection of the U.S. government. The White House thinks you are worthy of wrath. You have earned it. At gunpoint, dragged out your home in front family members And labeled as a Terrorists at home.

The federal government should work for all Americans and not against them. Biden is wrongly applying this standard.

Jordan Boyd, a staff writer at The Federalist, is also the co-producer and host of The Federalist Radio Hour. Her work has been featured in The Daily Wire and Fox News as well as RealClearPolitics. Jordan graduated from Baylor University, where she studied journalism and political science. Follow Jordan Boydtx on Twitter.