Free speech isn’t a given. It doesn’t guarantee itself. It’s a right that has to be exercised and defended — by all of us — every day.
That’s why FIRE is here.
We're unapologetic defenders of free speech and believe it must be protected wherever and whenever it’s threatened.
In Acquiring First Republic Bank, JP Morgan Has:
1. Bypassed laws against acquiring bank while controlling 10%+ of US deposits
2. Shared $13 billion in losses with the FDIC
3. Received a $50 billion loan from the FDIC
4. Effectively bought back its own deposits
5. Expects to profit $5 billion+ over the next 5 years
6. Added $18 billion in market cap this morning
This crisis has taught us that rules don’t matter in times of panic.
🚨BREAKING!!!!!
@GOPMajorityWhip TORCHING Gary Gensler and highlighting his and the SEC's complete and utter failure to protect ANY retail investors whatsoever
And lack of regulatory clarity + hostile enforcement against crypto in the US is pushing innovation offshores including but not limited to China
Gensler should be removed immediately.
#crypto #BTC