Tom Loungo with Mel K: They were FAILING. They were the PROBLEM

Tom Loungo in The Mel K Show: "Now reloaded go back to 2008 when Bear Stearns collapsed, right, when when Bear Stearns collapsed in 2008 and Lehman Brothers subsequently collapsed, who was on the hook?Who was failing?The big banks were failing.The JP Morgans. The bank of Americas. Right?They were failing.They were the problem.

So what happened?When I saw this happen last Friday so we did this all this happened a week ago Friday and around this 01:00 now at around 01:00 last Friday, the FDIC shuddered and took control over Silicon Valley Bank.And I went, well, that's not right.They usually wait till 530.They usually wait until the markets are closed to minimize the effect on the markets and then minimize the panic.But here the Biden administration the Davos controlled vandals at the Biden administration closed Silicon Valley Bank at 01:00 in the afternoon as a counter move to the Fed.Blowing up Silicon Valley Bank. Wow. Yeah.That is the only thing that makes any sense."