Trump has had the last laugh in his battle against a ‘Woke’ bank that closed his account after the 2020 election. Signature Bank is now closed.
Signature Bank in New York was seized by regulators Sunday evening, the second failure of a regional bank in about 48 hours.
It was the third-largest bank failure in U.S. history, and follows two days after authorities shut down Silicon Valley Bank, the second-largest failure in U.S. history.
After the Jan. 6 Fedsurrection, Signature Bank issued a self-righteous statement that was a signature example of Woke’s stupidity.
“We have never commented on any political matter before and we hope never to do so again,” said the New York-based bank led by Joseph J. DePaolo. “However, as Americans we are deeply, deeply saddened by the riots and insurrection that took place in the most sacred of American institutions, our United States Capitol.”
Signature closed Trump’s personal accounts at the bank and warned that it “will not do business in the future with any member of Congress who has voted to ignore the Electoral College.”
If Signature Bank was referring to members of Congress exercising their constitutional right to object to the election, that’s something Democrats have done every time they’ve lost an election since 2000.
We can’t expect a Woke bank to get its historical accounting right. Signature Bank then used its fallacious reasoning to call for President Trump’s resignation.
Signature Bank demanded Trump’s resignation to fan the flames of hatred that fueled last week’s attack on the Capitol building by thousands of Trump supporters.
“To see a rioter sitting in the presidency of the United States Senate and our elected representatives being asked to take cover under their seats is appalling and an insult to the Republic,” the statement said.
It turns out that the “rioter” was personally escorted to the US Senate floor with at least nine Capitol Police officers in attendance.
Jacob Chansley, the so-called “QAnon Shaman” was led by Capitol Police through the halls of the Capitol where he was led to the very door of the Senate chamber where he delivered his Jan. 6 speech to his “patriots”. pic.twitter.com/TtEU1AdZl7
— Becker News (@NewsBecker) March 11, 2023
“We witnessed the President of the United States encouraging the rioters and refraining from calling out the National Guard to protect Congress in the line of duty,” the statement added.
It turns out that Mitch McConnell and Nancy Pelosi rejected multiple requests for additional police and National Guard troops, as did DC Mayor Muriel Bowser.
Donald Trump told the audience in his Jan. 6 speech to “peacefully and patriotically” make their voices heard. The first altercation at the capitol took place before his speech ended and was “orchestrated” (as he put it) by the rioter without charges Ray Epps.
Ray Epps lied in his January 6 committee testimony and surveillance footage proves it
“Epps testified that by the time he sent the text messages to his nephew, he had already left the Capitol to return to his hotel room. This is not true. The surveillance footage… https://t.co /BxcXs8wh7D pic.twitter.com/IruGW4MHBq
— The Vigilant Fox 🦊 (@VigilantFox) March 7, 2023
“At this time, to ensure a peaceful transition of power, we believe the appropriate action would be the resignation of the President of the United States, which is in the best interest of our nation and the American people,” the statement added. .
This is as blatantly partisan a statement as any “bank”. It is poetic justice that the bank is closed, as it did not value its customers’ business as much as its Woke policy.
It’s an interesting coincidence that Silicon Valley Bank is also immersed in the same Woke policy that caught Signature Bank. In 2013, SVB formed the first US-China joint banking venture.
SPD Silicon Valley Bank (SSVB) was a joint venture between Shanghai Pudong Development Bank and US-based Silicon Valley Bank.
“Since I’m here, and we intend to be here forever, I have to be more like the Chinese,” David A. Jones, chairman of Silicon Valley Bank Asia and SSVB, told the Shanghai Daily.
Now, it appears Silicon Valley Bank depositors are about to be “shanghaied” as it is not being bailed out.
The Federal Reserve and the Treasury Department are now scrambling to contain the Woke contagion infecting the American banking system. As the Biden administration tries to “finish the job” in America, one has to wonder if it’s a coincidence that anti-capitalists are taking a wrecking ball to the nation’s capitalist system. After all, there is one Trump truism that perfectly encapsulates the mess America is in.
“Everything awake turns to shit.”
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OPINION: This article contains comments that reflect the opinion of the author.
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