Joe Biden Might Have Just Destroyed America's Banks
WWW.MSN.COM
By bailing out all depositors—even those who had more than the already insured $250,000 in the banks in question—the federal government has just nationalized the banking sector.
And the last line of this article says it better than I could have:
Joe Biden is spending the country into oblivion. He is bailing out wealthy depositors at these banks. Under Biden, our once-private banking industry has essentially been nationalized, too. With each year this man remains in office, a little bit more of America you and I knew will be chipped away. Eventually, we will look much like the European Union: a boon for crony capitalists and a nightmare for innovators.