No Bailout No Capitalism

 Everyone is against a bailout until their self-made problem requires that they themselves be bailed out.  :)  These same kids likely voted for Joe Biden in the hopes that their student loans would be forgiven and thus they would experience the Nirvana of bailout.

To be clear - true capitalism equals zero bailouts.  You may buy insurance for the unplanned catastrophe but that does not equal "bailout".  We have what has been labeled as "crony capitalism".  It's about "who you know and who you blow" that dictates whether or not you will be bailed out or not.

Silicon Valley Bank is in the news for all of the wrong reasons these days.  It has not had nearly as much press but the good old Federal Reserve has been losing its ass on mortgage backed securities and treasuries it bought during the Great Covid 19 BoogeyMan Pandemic Scourge of 2020-20222.  Who will bail out the Federal Reserve when they need a hand?  I dunno.  The Federalist Society article below takes a guess.

When The Fed Gets Its Dick Caught in a Clothes Wringer

That's the way it works dear taxpayer - when the "leadership of the country" and the boobs at the Federal Reserve make a policy error, you pay for it with higher prices (for everything), asset bubbles, low return and high risk investment options, mania and skullduggery.  When the Federal Reserve figures out that it has painted itself into a corner with the combination of artificially low interest rates and Quantitative Easing, you get to pay to bail them out.  Wash, rinse, repeat.  But this one is no typical wash cycle.  This one is far bigger.  QE was done on a far more massive scale this time to "fight the spread of a Chi-Comm engineered cold virus that was parented by Dr. Fauci and company" and that occurred during a hotly contested Presidential election (what a coinky-dink, huh?).