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Is most of America AGAINST SVB bail out?

3 points by cruxpavilion ↗ HN
I think the name SVB is what makes this even a debate. So many companies, jobs, and wealth would've vanished if there wasn't government support.

"US BANKING SYSTEM IN 'VASTLY BETTER POSITION RIGHT NOW' THAN IF FEDERAL ACTIONS HAD NOT BEEN TAKEN" -WHITE HOUSE OFFICIAL

4 comments

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bediger4000
No, it's not the "SV" part of the name, it's residual anger from bailing out large banks in 2008, along with the billionaires publicly lobbying for depositors to be made while. All those depositors, every single one, knew they were uninsured above $250k. The anger comes from bailing out the rich, uninsured depositors. The wealthy get better treatment than the average person and this just rubs everyone's nose on it.
jschveibinz
Well, I would suggest that “Most of America” is paying attention to things like food, going to work, basketball scores, putting gas in their car, social media influencers, etc. and have no idea what SVB is or even where SV is located on a map. And why should they care? It won’t really affect them at all, except maybe in a higher bank service fee that they didn’t even know they were paying in the first place.
gladiatr72
Hate to break it to you, but this is being talked about in other parts of the country. Alot.
gladiatr72
The new American Dream: get too big to fail