Democratic presidential candidate Robert F. Kennedy Jr. took to Twitter with a dire warning for the American people while incumbent President Joe Biden and House Republicans rankle over the impending debt ceiling negotiations, days after the collapse, seizure, and forced sale of First Republic Bank. "It’s not just the banks," RFK Jr. tweeted Tuesday.
Kennedy, a famed environmental activist, and vocal critic of the COVID-19 lockdowns and vaccine mandates wrote in full,
"President Biden assured us Monday that the banking system is “safe and sound.” Today, bank stocks are crashing. The American people deserve more than glib assurances and perception management. #Kennedy24"
Hours before he cited an article by Attorney and author of 'Banking on the People' Ellen Brown entitled, 'How the War on Crypto Triggered a Banking Crisis', and an argument that a "war on crypto(currencies)" presaged the collapses of several banks.
He wrote, "Ellen Brown makes a strong case the FDIC/SEC war on crypto caused failures of SVB, Signature, and Silvergate banks. FDIC and SEC have no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage. #Kennedy24"
'[Crypto companies] have chosen to be noncompliant and not provide investors with confidence and protections, and it undermines the $100 trillion capital markets …
Silvergate and Signature [banks] were engaged in the crypto business — I mean some would say that they were crypto-backed …
Silicon Valley Bank, actually when it failed, saw the country’s — the world’s — second-leading stable coin had $3 billion involved there, depegged, so it’s interesting just how this was all part of this crypto narrative as well.'"
The author lays out a complex theory explaining the Federal Reserve's opposition to cryptocurrencies and a plot to create a "sovereign state bank," akin to the historic Bank of the United States eliminated in its second iteration by President Andrew Jackson in 1836, a theory she proposes in 'The Public Bank Solution'.
Tangentially, this suggests that RFK Jr. could favor the creation of a U.S. National Bank "through a system of banks operated as public utilities," as Brown writes, controlled by the government.
You can follow Matt Holloway on Facebook, Twitter, TruthSocial, Gettr, Gab & Parler.
Kennedy, a famed environmental activist, and vocal critic of the COVID-19 lockdowns and vaccine mandates wrote in full,
"President Biden assured us Monday that the banking system is “safe and sound.” Today, bank stocks are crashing. The American people deserve more than glib assurances and perception management. #Kennedy24"
He added, "The banking collapse is the tip of an economic mega-crisis. It’s not just the banks. Job openings plummeted for the third month in a row. Core factory orders dropped for the second consecutive month. Inflation is destroying the middle and working class. We need to turn our attention to rebuilding our nation — NOW. #Kennedy24"President Biden assured us Monday that the banking system is “safe and sound.” Today, bank stocks are crashing. The American people deserve more than glib assurances and perception management. #Kennedy24
— Robert F. Kennedy Jr (@RobertKennedyJr) May 2, 2023
The banking collapse is the tip of an economic mega-crisis. It’s not just the banks. Job openings plummeted for the third month in a row. Core factory orders dropped for the second consecutive month. Inflation is destroying the middle and working class. We need to turn our…
— Robert F. Kennedy Jr (@RobertKennedyJr) May 2, 2023
Hours before he cited an article by Attorney and author of 'Banking on the People' Ellen Brown entitled, 'How the War on Crypto Triggered a Banking Crisis', and an argument that a "war on crypto(currencies)" presaged the collapses of several banks.
He wrote, "Ellen Brown makes a strong case the FDIC/SEC war on crypto caused failures of SVB, Signature, and Silvergate banks. FDIC and SEC have no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage. #Kennedy24"
According to Brown, "SEC Chair Gary Gensler has asked for more financial resources to police the crypto market. Gensler testified at an April 18 House Financial Services Committee hearing:Ellen Brown makes a strong case the FDIC/SEC war on crypto caused failures of SVB, Signature, and Silvergate banks. FDIC and SEC have no authority to wage an extra-legal war on crypto that leaves major banks as collateral damage. #Kennedy24https://t.co/HMZuW7Rr1H
— Robert F. Kennedy Jr (@RobertKennedyJr) May 2, 2023
'[Crypto companies] have chosen to be noncompliant and not provide investors with confidence and protections, and it undermines the $100 trillion capital markets …
Silvergate and Signature [banks] were engaged in the crypto business — I mean some would say that they were crypto-backed …
Silicon Valley Bank, actually when it failed, saw the country’s — the world’s — second-leading stable coin had $3 billion involved there, depegged, so it’s interesting just how this was all part of this crypto narrative as well.'"
The author lays out a complex theory explaining the Federal Reserve's opposition to cryptocurrencies and a plot to create a "sovereign state bank," akin to the historic Bank of the United States eliminated in its second iteration by President Andrew Jackson in 1836, a theory she proposes in 'The Public Bank Solution'.
Tangentially, this suggests that RFK Jr. could favor the creation of a U.S. National Bank "through a system of banks operated as public utilities," as Brown writes, controlled by the government.
You can follow Matt Holloway on Facebook, Twitter, TruthSocial, Gettr, Gab & Parler.
- Article Source:
DC Enquirer
- Photo: Joe Scarnici/Getty Images / Getty Images
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