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Comment by hypothesis | Hacker News Reader

Your claim appears contradictory to what being reported in financial news though.

[0] https://twitter.com/colbyLsmith/status/1635061613920395264

That's supporting the second part of simple-thoughts's comment. It's unclear to me whether twblalock was arguing against that or not.

To me it seems like it is confirming the quote that he was arguing against.

Also, here is a POTUS tweet taking credit for a literal depositors “bailout”.

[0] https://mobile.twitter.com/POTUS/status/1635080376572956672

The President never used the word “bailout”. And that’s because this is not a bailout. Taxpayers aren’t on the hook for a penny, and the money is going to depositors not the people who caused the problem.

Now, I have no knowledge if Biden himself tweeted that.

But would you retweet something that calls your actions “bailout”? Especially if you don’t want it to be called as such?

The NYTimes tweet also says federal officials closed a bank, when it was state officials who closed the bank. I don’t think the Biden administration is endorsing the NYTimes weekend social media person’s summary.

The article says the Treasury wanted to emphasize that this action is not a bailout.

You would think that there are people around POTUS who would understand PR, but maybe it’s just doesn’t matter anymore?

There’s nobody left on Twitter except bots shouting at each other, so does it really matter?

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