The Great Bank Bailout Scam: Why Big Tech Gets Saved While Main Street Gets Shafted
“All animals are equal, but some animals are more equal than others.” George Orwell might as well have been talking about America’s banks in 2024.
The SVB Scandal: Billionaires Get the Golden Parachute
When Silicon Valley Bank failed, it exposed the Achilles' heel of fractional reserve banking: it’s built on nothing but smoke, mirrors, and lies. A modern-day bank run—sparked by social media and carried out in minutes on cell phones—brought the tech darling to its knees. The bank’s assets? Government-backed securities bought during a near-zero interest rate binge. But when the collapse came, who did the FDIC rush to protect? Not you. Not Main Street. The saviors of Silicon Valley rode in to rescue Big Tech and their billionaire backers.
Let’s look at the numbers:
- Sequoia Capital: $1 billion on deposit.
- Circle Internet Financial (crypto company): $3.3 billion—yes, billion—insured.
- Roku: $420 million sitting pretty.
- Bill.com: $761.1 million covered.
SVB’s top 10 depositors alone held $13.3 billion. And thanks to a “systemic risk exception,” the government threw out the $250,000 insurance limit and bailed them all out. President Biden himself called it a move to “protect American workers and small businesses.”
Small businesses? Give me a break. These are billion-dollar enterprises, not mom-and-pop shops.
Meanwhile, in Oklahoma: Main Street Gets the Boot
Compare this with the recent failure of First National Bank of Lindsay, a small bank in Duncan, Oklahoma. Its deposits totaled a mere $97.5 million. Of that, just $7.1 million was uninsured. Did Uncle Sam rush in with a rescue package? No. Depositors got 50% of their uninsured funds upfront and were told to sit tight for the rest.
There were no “systemic risk exceptions” for small-town Oklahomans. No billionaire benefactors to call in favors. Just hardworking Americans left holding the bag.
A System Built to Fail (You)
Fractional reserve banking is a con. Always has been. Banks are allowed to loan out your deposits and keep only a tiny fraction in reserve. When things go south, they don’t have your money. It’s that simple. Murray Rothbard said it best:
“The entire fractional-reserve system is held together by lies and smoke and mirrors; that is, by an Establishment con.”
But the con doesn’t apply equally. The elites have their safety net—made up of taxpayer dollars and government handouts. Main Street? You’re the one footing the bill.
The Ugly Truth About “Deposit Insurance”
The FDIC loves to tout itself as your protector. But it’s nothing more than a cruel joke. The reality is that deposit insurance is a tool to plunder the life savings of ordinary Americans when banks collapse.
When SVB went under, the FDIC's "mistaken" document revealed exactly who the system works for:
- Tech billionaires.
- Chinese-backed corporations.
- Crypto firms.
All bailed out with your money.
Meanwhile, small-town banks like First National Bank of Lindsay are left to rot, and their depositors are told to wait and hope for the best.
The Fight for Financial Freedom
This isn’t just about one failed bank or one bad decision. It’s about a system rigged against you. It’s about a government and banking elite that play by one set of rules while holding you to another.
America wasn’t built on bailouts for billionaires. It was built on freedom, fairness, and hard work. It’s time to demand accountability. It’s time to pull back the curtain on the lies of the banking system.
Take Action Now
Don’t wait for the next collapse to wipe you out. Arm yourself with the knowledge you need to protect your family and your future. Download “Seven Steps to Protect Yourself from Bank Failure” by Bill Brocius now: https://offers.dedollarizenews.com/?utm_source=7steps_ebook&utm_medium=ebook&utm_campaign=gsi&utm_term=static&utm_content=sam_clemons
Join the fight. Subscribe to the Inner Circle for just $19.95/month and get exclusive insights into how to navigate this rigged system: https://offers.dedollarizenews.com/inner-circle/subscription?utm_source=DedollarizeNews&utm_medium=article&utm_campaign=gsi&utm_term=subscription&utm_content=sam_clemons
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