GO WOKE GO BROKE Silicon Valley Bank demonstrates Republicans love lies and hate America

"They were one of the most woke banks" -- James Comer on SVB Bank, I am surprised Comer did not blame Silicon Valley Bank's collapse on Hunter Biden's Cock and Laptop.

One of the persistent myths surrounding the Republican Party is they are the party of Law & Order.  Nothing is more ridiculous.  Republicans work tirelessly to undo laws and sow disorder into every system possible.  Republicans believe their lies about the Constitution only existing to restrain government and do everything they can to unshackle Business to engage in criminality and gross negligence.  Back the Blue and Thin Blue Line regalia are just rhetorical cudgels the right spouts to bash the left.  Just as they did with railroad safety, the Trump Maladministration specifically rolled back bank regulation and rules to constrain risky bank behavior.

After the W(orst POTUS Ever) Administration exploded the US Economy with the 2007 Republican Great Recession, conservatives took every opportunity to blame President Carter and fair housing laws enacted in the 1970's.  Republicans and Rightwing strategists know in this era of Rightwing drones being spoon-feed non-stop propaganda, it is easy for the Daily Caller, Breitbart, Faux News and Republicans to push the clever soundbite headline "GO WOKE, GO BROKE" and then rely on the relentless repetition and the ever churning news cycle to derail any detailed reporting of the true causes of collapse.

SVB failed because the Trump Regime rolled back financial rules constraining bad bank behavior.  After regulations are lessened or removed that's when Vulture Capitalists swoop in and Peter Thiel did it again, 

Peter Thiel’s Founders Fund withdrew millions from Silicon Valley Bankas of Thursday morning as the bank descended into chaos, according to a person familiar with the matter. 

So, as we keep seeing over and over again, lax regulation coupled with unscrupulous Republican criminals leads to Billions of dollars being swindled.  With Silicon Valley Bank, Republican's sleazy criminal behavior merged with Crypto Currency Scammers.  SVB was heavily invested in Bitcoin, and as we know 2022 was the year of the Vulture Capitalists pumping-and-dumping Cyprotcurrency.  BitCON another cryptos are also giant energy sucks but, such facts don't matter to the rightwing crowd which has received from multiple sources the Truth that SVB was the most WOKE, most LEFTIST Bank, in the history of Banking.