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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 depos
by twblalock 4y ago
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.
- hypothesis 4y agoNow, 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?
- junofan 4y agoThe 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.
- hypothesis 4y agoYou would think that there are people around POTUS who would understand PR, but maybe it’s just doesn’t matter anymore?
- brewdad 4y agoThere’s nobody left on Twitter except bots shouting at each other, so does it really matter?