Former Federal Deposit Insurance Corporation Chair Sheila Bair explains why the annual stress test isn’t as rigorous as it used to be on ‘The Claman Countdown.’ #foxbusiness #theclamancountdown
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How many of these banks have Enron numbers
The majority of college students are from more prominent families,the ones with more money,and they want taxpayers to enrich them more by paying their childs debts.
Why is the focus of college debt cancellation on the federal government and not the schools? It is the school who sold them a poor product and Americans tax dollars should not be wasted on that.
Since those top banks pass the stress test, when the recession happens and people stop spending money, they better not get any federal bail out.
Not even two years in and look at the mess Biden made.
They are lying to you
The very first thing that American's should consider and investigate is this.
If something were to happen who would benefit from it financially. I.E. crooked politicians in Washington , the wealthy corporate owners etc. . .
Because we know that's all they care about. THEMSELVES.
The left want a recession, the left are ruling the country, a recession is inevitable, get your money out of equities while there's time
they got extra money when they went to school to sit around and drink all the time they don't need another lump sum of forgiveness
The stock market seems to be doing great, despite everyone on Fox Forecasting a recession! (Shame)
We should all at least hold our country up on the pedestal, in light of arriving near.. Not jinx it. Just a suggestion.
ALL 🧢. Don't let these people fool you. These banks are all over levered. They are ALL having liquidity issues. Lies.
This whole stress test is a lie. Just like the whole stock market. All a lie and a scam.
If people are getting a million in education it seem they would be able to pay it back like everyone one else once they start working.
Why should people without a education pays for those who did go to school other people should not pay for other peoples choices.
I'm not in favor of paying for anyone's student loan who can't figure out how to fill out the form. Really? They aren't vetting these because it's too hard? Come on.
This means we are heading past the 50% total real inflation since 2020. We should stress test FED
Sure we can trust them.. brought to us by the same experts who said inflation was tRaNsItOrY 🤡🤡🤡🤡🤡 FOH
The Fed will not let a huge recession happen. They will start cutting interest rates & printing money again. This will result in more rampant Inflation & our standard of living will be crushed. Personally, We may be in a "depression", but the Fed is not going to let the system collapse on their watch. Do you think they want to take the blame for that?
Time for Liz to go to CNBC where her viewpoints and guests would be more in-line and let Lauren Simonetti have this spot at Fox Business.
This means that the banks are about to collapse under Biden.
I see 1 or 2 not making it
Inflation is a dream we're going into stagflation everyone will stop spending and hunker down and everything is going to come to a grinding halt thanks Joe Budden
Yep and the banks will just come on back for the freebie bailout anytime they want to and our government will pony up more cash!!! Our Country is in the toilet!
I hope Sheila has a position in the Trump administration 2024.
WAIT A MINUTE……… A person signs the paperwork to borrow money from an institution and THEN DOES NOT WANT TO PAY BACK THAT LOAN and expects the Federal Gov't to FORGIVE that debt??????? NO. NO. AND HELL NO……… You sign the paperwork to borrow money YOU are responsible for repaying that debt/loan.
Taking the working man's money to pay off others debts is theft you moronic people.
The government keeps giving them our tax dollars thats how.
Sheila is NO Repub. She thinks like an elitist Dem who thinks that poor students and their parents deserve $10,000 in student debt relief but don't expect them to document their income because they just don't know how to do that!!! What a racist thing to say, given they are most likely black and brown students. How insulting to these people. They figured out how to GET the student loan, which btw required doing paperwork. But they can't do it to prove their income? Sounds like she wants BLANKET student debt relief paid for by you and me!!!
Well I once had $10,000 in student debt left to pay and I didn't go asking for you to pay it. I bucked up and paid it and I got sick and wasn't able to use my education either, but no one paid my bill. Enough is enough! Every dollar we pay out is borrowed from China and WE citizens have to pay it back. If we can't, which COULD happen if the Dems don't stop spending us into China's hands, we and our children will become slaves to China! They will come and take what they want and make us do their bidding.. Don't believe me? Look up what has happened to other countries who defaulted to China. Only for US it will be MUCH WORSE because we have been the biggest kid on the block and China wants that title now! They will OWN US! WE MUST STOP SPENDING!
The USA government will just bail them out. I’m sure Biden owes a few favors
How about make new loans ? Is the new banking business model buy back your stock ?
The banks are insolvent what else can they tell you not the truth that's for sure
Banks never lose money –> only poor people do. Once they are in trouble government bail them out. Laws are setup so the RICH becomes SUPER RICH. Long time ago they are called multi-millionaires, now multi-billionaires, latter trillionaires are coming soon.
How can that be with Well Fargo banks closing some of their banks? In addition B OF A is closing on Saturdays and employing fewer tellers. Could this all be a hyped front put on by these banks?
No debt forgiveness, YOU chose to take on the debt. Pay it off on your own instead of dumping it on the rest of us that took years to pay it off or didn’t take a loan to go to school.
It's an interesting way to institute a huge transfer of wealth, involuntarily, from the masses. This wasn't accidental.
They should forgive about $10,000 student loan debt ONLY for KIDS that haven't gone to college or university.
Seems like someone is freaking out about a possible run on the banks! 1929 all over again?
THE FED IS PUSHING SOCIALISM DOWN UPON WE THE PEOPLE. HIGH INTEREST IS NOT GOOD FOR WE THE PEOPLE. HIGH PRICES ARE DESTROYING AMERICA
No Student Loan Pay Offs not even $10,000. Why should I have to pay for the Bad Decisions off others. Get on Dave Ramsey and learn how to pay off your own debt and Stupidity
Doesn't sound like a Republican to me.
Oh no “they may have to hold off on stock buybacks”
they analyze and carry on with all this s###, but nothing will really change until Biden opens up the fossil fuel market.
AGAIN AND AGAIN WE ARE SEEING THE END OF US!!!!!!!:) PERSON LIKE SHEILA INDEED RUINED THE US ECONOMY FROM TOOOOOOOOOOOOOOOOOOO MUCH BUBBLED US$ VALUE MEANS ——— > 10K$ REDUCTION OF STUDENT LOAN FOR UNDER EXCUSE OF LOW INCOME FAMILY WHATEVER SOCIAL CLASSES ———— > NO LONGER AMERICAN DREAM EXISTS WHY? ———– > IN REALITY MORE SOCIAL WELFARE = FREE US$ BENEFITS MEANS ———- > IT LEADS LOWER AND LOWER LABOR FORCE PARTICIPATION RATE AS WE CAN SEE NOW THAT EX) FOR MAY US LABOR PARTICIPATION RATE WAS STILL JUST +62.3%!!!!!!!!!!!!!! ———— MEANS MORE AND MORE + 37.7% US LABOR FORCES WERE GETTING OUT OF WORK AND IT IS CAUSING MORE AND MORE US$ BUBBLES BASED ON MORE AND MORE M2 SUPPLY ———– > IN OTHER WORDS US'S VALUE IN REAL YIELD HAS BEEN DOWN AND DOWN DEEPER AND DEEPER ———— > THAT'S WHY WE ARE HAVING MORE AND MORE HIGH INFLATION AND NOW ——— > THE US FED IS TRYING TO HIKE ITS FUNDS RATE AGAIN AND AGAIN BASED ON 75BP AT ITS EACH MEETINGS MEANS ———- > MORE AND MORE SUPER STAGFLATION IS COMING TO HIT THE US ECONOMY ————— > IN FACT THIS IS ALL CAUSED BY THE FINANCIAL ENGINEERING PROBLEMS + FAILED SOCIAL WELFARE SYSTEM = THE MMT = THE MODERN MONETARY THEORY = THE FREE MONEY THEORY!!!!!!!!!!:!) ———— > US ECONOMY IS ABOUT 92.67% FINISHED BASED ON MATH ——— > AND IT WILL NEVER RECOVER AGAIN DUE TO THE US$'S FROTHY VALUES!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE END OF US!!!!!!!:) PERSON LIKE SHEILA INDEED RUINED THE US ECONOMY FROM TOOOOOOOOOOOOOOOOOOO MUCH BUBBLED US$ VALUE MEANS ——— > 10K$ REDUCTION OF STUDENT LOAN FOR UNDER EXCUSE OF LOW INCOME FAMILY WHATEVER SOCIAL CLASSES ———— > NO LONGER AMERICAN DREAM EXISTS WHY? ———– > IN REALITY MORE SOCIAL WELFARE = FREE US$ BENEFITS MEANS ———- > IT LEADS LOWER AND LOWER LABOR FORCE PARTICIPATION RATE AS WE CAN SEE NOW THAT EX) FOR MAY US LABOR PARTICIPATION RATE WAS STILL JUST +62.3%!!!!!!!!!!!!!! ———— MEANS MORE AND MORE + 37.7% US LABOR FORCES WERE GETTING OUT OF WORK AND IT IS CAUSING MORE AND MORE US$ BUBBLES BASED ON MORE AND MORE M2 SUPPLY ———– > IN OTHER WORDS US'S VALUE IN REAL YIELD HAS BEEN DOWN AND DOWN DEEPER AND DEEPER ———— > THAT'S WHY WE ARE HAVING MORE AND MORE HIGH INFLATION AND NOW ——— > THE US FED IS TRYING TO HIKE ITS FUNDS RATE AGAIN AND AGAIN BASED ON 75BP AT ITS EACH MEETINGS MEANS ———- > MORE AND MORE SUPER STAGFLATION IS COMING TO HIT THE US ECONOMY ————— > IN FACT THIS IS ALL CAUSED BY THE FINANCIAL ENGINEERING PROBLEMS + FAILED SOCIAL WELFARE SYSTEM = THE MMT = THE MODERN MONETARY THEORY = THE FREE MONEY THEORY!!!!!!!!!!:!) ———— > US ECONOMY IS ABOUT 92.67% FINISHED BASED ON MATH ——— > AND IT WILL NEVER RECOVER AGAIN DUE TO THE US$'S FROTHY VALUES!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE END OF US!!!!!!!:) PERSON LIKE SHEILA INDEED RUINED THE US ECONOMY FROM TOOOOOOOOOOOOOOOOOOO MUCH BUBBLED US$ VALUE MEANS ——— > 10K$ REDUCTION OF STUDENT LOAN FOR UNDER EXCUSE OF LOW INCOME FAMILY WHATEVER SOCIAL CLASSES ———— > NO LONGER AMERICAN DREAM EXISTS WHY? ———– > IN REALITY MORE SOCIAL WELFARE = FREE US$ BENEFITS MEANS ———- > IT LEADS LOWER AND LOWER LABOR FORCE PARTICIPATION RATE AS WE CAN SEE NOW THAT EX) FOR MAY US LABOR PARTICIPATION RATE WAS STILL JUST +62.3%!!!!!!!!!!!!!! ———— MEANS MORE AND MORE + 37.7% US LABOR FORCES WERE GETTING OUT OF WORK AND IT IS CAUSING MORE AND MORE US$ BUBBLES BASED ON MORE AND MORE M2 SUPPLY ———– > IN OTHER WORDS US'S VALUE IN REAL YIELD HAS BEEN DOWN AND DOWN DEEPER AND DEEPER ———— > THAT'S WHY WE ARE HAVING MORE AND MORE HIGH INFLATION AND NOW ——— > THE US FED IS TRYING TO HIKE ITS FUNDS RATE AGAIN AND AGAIN BASED ON 75BP AT ITS EACH MEETINGS MEANS ———- > MORE AND MORE SUPER STAGFLATION IS COMING TO HIT THE US ECONOMY ————— > IN FACT THIS IS ALL CAUSED BY THE FINANCIAL ENGINEERING PROBLEMS + FAILED SOCIAL WELFARE SYSTEM = THE MMT = THE MODERN MONETARY THEORY = THE FREE MONEY THEORY!!!!!!!!!!:!) ———— > US ECONOMY IS ABOUT 92.67% FINISHED BASED ON MATH ——— > AND IT WILL NEVER RECOVER AGAIN DUE TO THE US$'S FROTHY VALUES!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE END OF US!!!!!!!:) PERSON LIKE SHEILA INDEED RUINED THE US ECONOMY FROM TOOOOOOOOOOOOOOOOOOO MUCH BUBBLED US$ VALUE MEANS ——— > 10K$ REDUCTION OF STUDENT LOAN FOR UNDER EXCUSE OF LOW INCOME FAMILY WHATEVER SOCIAL CLASSES ———— > NO LONGER AMERICAN DREAM EXISTS WHY? ———– > IN REALITY MORE SOCIAL WELFARE = FREE US$ BENEFITS MEANS ———- > IT LEADS LOWER AND LOWER LABOR FORCE PARTICIPATION RATE AS WE CAN SEE NOW THAT EX) FOR MAY US LABOR PARTICIPATION RATE WAS STILL JUST +62.3%!!!!!!!!!!!!!! ———— MEANS MORE AND MORE + 37.7% US LABOR FORCES WERE GETTING OUT OF WORK AND IT IS CAUSING MORE AND MORE US$ BUBBLES BASED ON MORE AND MORE M2 SUPPLY ———– > IN OTHER WORDS US'S VALUE IN REAL YIELD HAS BEEN DOWN AND DOWN DEEPER AND DEEPER ———— > THAT'S WHY WE ARE HAVING MORE AND MORE HIGH INFLATION AND NOW ——— > THE US FED IS TRYING TO HIKE ITS FUNDS RATE AGAIN AND AGAIN BASED ON 75BP AT ITS EACH MEETINGS MEANS ———- > MORE AND MORE SUPER STAGFLATION IS COMING TO HIT THE US ECONOMY ————— > IN FACT THIS IS ALL CAUSED BY THE FINANCIAL ENGINEERING PROBLEMS + FAILED SOCIAL WELFARE SYSTEM = THE MMT = THE MODERN MONETARY THEORY = THE FREE MONEY THEORY!!!!!!!!!!:!) ———— > US ECONOMY IS ABOUT 92.67% FINISHED BASED ON MATH ——— > AND IT WILL NEVER RECOVER AGAIN DUE TO THE US$'S FROTHY VALUES!!!!!!!!:)
AGAIN AND AGAIN WE ARE SEEING THE END OF US!!!!!!!:) PERSON LIKE SHEILA INDEED RUINED THE US ECONOMY FROM TOOOOOOOOOOOOOOOOOOO MUCH BUBBLED US$ VALUE MEANS ——— > 10K$ REDUCTION OF STUDENT LOAN FOR UNDER EXCUSE OF LOW INCOME FAMILY WHATEVER SOCIAL CLASSES ———— > NO LONGER AMERICAN DREAM EXISTS WHY? ———– > IN REALITY MORE SOCIAL WELFARE = FREE US$ BENEFITS MEANS ———- > IT LEADS LOWER AND LOWER LABOR FORCE PARTICIPATION RATE AS WE CAN SEE NOW THAT EX) FOR MAY US LABOR PARTICIPATION RATE WAS STILL JUST +62.3%!!!!!!!!!!!!!! ———— MEANS MORE AND MORE + 37.7% US LABOR FORCES WERE GETTING OUT OF WORK AND IT IS CAUSING MORE AND MORE US$ BUBBLES BASED ON MORE AND MORE M2 SUPPLY ———– > IN OTHER WORDS US'S VALUE IN REAL YIELD HAS BEEN DOWN AND DOWN DEEPER AND DEEPER ———— > THAT'S WHY WE ARE HAVING MORE AND MORE HIGH INFLATION AND NOW ——— > THE US FED IS TRYING TO HIKE ITS FUNDS RATE AGAIN AND AGAIN BASED ON 75BP AT ITS EACH MEETINGS MEANS ———- > MORE AND MORE SUPER STAGFLATION IS COMING TO HIT THE US ECONOMY ————— > IN FACT THIS IS ALL CAUSED BY THE FINANCIAL ENGINEERING PROBLEMS + FAILED SOCIAL WELFARE SYSTEM = THE MMT = THE MODERN MONETARY THEORY = THE FREE MONEY THEORY!!!!!!!!!!:!) ———— > US ECONOMY IS ABOUT 92.67% FINISHED BASED ON MATH ——— > AND IT WILL NEVER RECOVER AGAIN DUE TO THE US$'S FROTHY VALUES!!!!!!!!:)
Smoke and mirrors,lies, corruption 08 no warning closed door meeting geithner, Paulson and others had friends and families got out the market then the crash