I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SS! will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes What about you??
The US is the most dumbed down nation on the planet. The last election was proof. No informed nation elects people that want to raise their cost of living.
Why not? You idiots think the 537 elected members of the Federal Government has your best interest. For the ones that struggle with that, that’s Congress, the President and VP.
I will pull out all of my $$$$$$$$$ money, currently spread among 5 banks, the day they abolish the FDIC protection. I'm constantly amazed at the Republicans' ability to come up with terrible schemes I never even considered. And, believe me, I've been expecting the worst.
@emilyfeagin2673 I'm actually in the process of leaving, but hadn't necessarily planned on moving the bulk of my money... one more thing to figure out, now.
Literally grade school history teaches this lesson and why we have the FDIC. Even these 'poorly educated' MAGAts should have at least learned about this before they stopped going to school...
You can blame the decades-long campaign by the GOP and Libertarians trying to push 'deregulate everything and let the free market sort it out' as economic policy. They actually think it will work instead of just ushering in a new era of robber-barons.
For all the MAGA that are in comments: The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects bank depositors' insured deposits if their bank fails. The FDIC was established by Congress in 1933 in response to bank failures during the Great Depression. Would you prefer that Musk and Trump prevent you from accessing your bank to get your pay, SSA, or SSI money? If your answer is yes, you likely either don't receive a paycheck in this country or you're engaging in self-destructive behavior. Most of them that are bashing MSMBC are just lonely little Trolls with no credibility and cannot comprehend the topic.
I found out recently that the FDIC doesn’t guarantee 100% of your deposit though. It’s kind of like bankruptcy. You get a percentage. But that’s better than nothing!
Remember the recession of 2008. Caused by banks overextending their leverage because they weren't regulated. They got greedy and the housing market collapsed leaving them holding the bag. Taxpayers bailed them out while I lost over half of my retirement.
Actually that was 2007. Obama and McCain both had to go back to their senate seats to vote on another "bail out" kinda like when GHW.Bush did the S&L bailouts 🤔 when savings & loan companies were giving out loans without any backed $ 🤷 At the time Neil Bush was CEO of an S&L 🙄 but republicans don't care. They love David Duke policies too much 🤷
@@leonblack2651 Sounds like youre close to an economic collapse there in russia now that the ruble is worth less than a US penny. How do you live on that?
@DuaneHallinSD free housing, free medical care, low cost of living. Why do Americans whine about not being able to afford a home or healthcare? There are no homeless here in Russia.
@ dude you should read crypto confidential by Nathaniel Eliason. The whole crypto world is a giant Ponzi scheme. The book is wild! We have laws that prevent us pulling out over $5000 at any time here in Australia. Makes me super nervous but would prevent a bank run. And our deposits are guaranteed by the Aus government by up to $250,000 but if they did away with that we would all pull all we could and make them all insolvent.
That's literally how Buch started the 2008 crisis. What you wanna do is keep banks liquid and instead for once begin to put white collar criminals in jail.
I predict they will just be spending a few million $s of the billion $s they will be stealing during the Trump anarchy, on private security and mansion in the caymans.
The FDIC has been useful over the years, but shouldn’t have been abused as it was in the case of Silicon Valley Bank. Oh, I forgot. A lot of wealthy political donors kept money at SVB.
Thanks to Franklin D. Roosevelt, for your visionary leadership as a Democrat during one of America’s darkest times. Your New Deal reforms, including the creation of the FDIC, not only stabilized the banking system but also restored confidence in the economy and protected countless families. Your legacy reminds us of the power of bold, compassionate leadership in times of crisis…. Trump wouldn’t know nothing about this and would let everything crumble
If he's such a jeanus, how did he bankrupt 2 casinos, a charity, and an online "university" 🤔 while he couldn't sell vodka, steaks, and water with his name on them 🤷
Thanks for the report. Its a wonderful life! The bank run is a very dangerous thing. This will set up a collapse of the economy if planned with other things. I dont think any person should agree with Vivek and Elon says, Why not make it more "efficient"?
But these financial institutions pay a fee , to get the insurance coverage, but that is a cost on the bank business that doesn’t actually make them money. So billionaires who are now making calls on their Republican representatives to eliminate anything that costs them money, and doesn’t benefit them. So removing Social Security, Medicare, Medicaid, the VA, and FDIC, environmental regulations and occupation health / safety regulations. Oh and the big one removing corporate taxes and taxes on the 1% club . Because this will lead to wealth creation.
Mr. Velshi is a fantastic journalist. Some advice to his employer: let him cover whatever he wants. The public will be well served and it will improve your cred.
If this happened most of my money would be in stocks and index funds, or a credit union. Cause im not dealing with Banks or putting money in my mattress in case the house burns down.
It's a Wonderful Life is my favorite all tome movie. We all need to stick together and not allow DOGE and Elon Musk to dismantle the safety net we all know and count on.
Remember Junior Achievement? Not saying its perfect, but this is the type of stuff you could learn if you were paying attention. Now people get their financial advice from their "pandapop friends" group🙄
Cik ir ielikts, bet vēl nav rezultātu? Kā strādājāt tie? Pāri vairākiem gadiem un tas viss bez rezultātiem. Ir tak Ziemassvētki, ir nepieciešams līdzekļi uz rokas 💵 Ja nav, tad jāmeklē tāda veida iespējas, citur jāiet, prom no tās vietas.
VP Trump and "Republicans" don't seem to be on the same page lately, huh? They didn't give him the debt ceiling suspension he wanted so badly, did they? LOL.... First loss and he hasn't even taken the oath yet.... hahahahaha
We get it. Your guy won. Good job. But this and his other policies affect everyone in America. There isn't a Bank of MAGA that will keep FDIC intact. The tariff increases aren't only going to see cost increases for Harris voters. The end of Social Security, Medicare and Medicaid won't check your voter registration card first, it'll just be gone. Again, good job.
You could be a bot You could be a foreign born troll that doesn’t understand American Banking If you are an American and that poorly educated about your money. You need to start over
It's little wonder then, why Trump wanted the debt ceiling eliminated. They're planning on putting those billionaire tax cuts on the credit card, again.
Why is it that everything that Donald Trump proposes is going to be a total disaster according to the Democrats? The jealousy in all of this is culpable.
@@alphabravo8703 The jealousy in all of this is culpable" means that the jealousy present in a situation is directly to blame for the negative outcomes or conflicts occurring, essentially stating that the jealousy is a significant contributing factor and can be held responsible for the issues at hand.
I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My husband and I will be retiring in the next two years n another country. We are absolutely worried that SS! will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.
I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.
I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes
What about you??
Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.
Please stop gentrifying countries
How can i reach Stephanie if you don't mind me asking?
Heard she’s an IA.
How on Earth do average Americans believe billionaires have their best interest at heart!?
The US is the most dumbed down nation on the planet. The last election was proof. No informed nation elects people that want to raise their cost of living.
They've been brainwashed. Plain and simple.
Excellent question. i guess people just want to believe what they want to believe.
Because DUMP TOLD THEM SO 🤬🇺🇸🪱🤬🇺🇸🪱🤬🇺🇸🪱🤬🇺🇸🪱
Why not? You idiots think the 537 elected members of the Federal Government has your best interest. For the ones that struggle with that, that’s Congress, the President and VP.
I will pull out all of my $$$$$$$$$ money, currently spread among 5 banks, the day they abolish the FDIC protection. I'm constantly amazed at the Republicans' ability to come up with terrible schemes I never even considered. And, believe me, I've been expecting the worst.
I’m already investigating putting my money off shore
@emilyfeagin2673 I'm actually in the process of leaving, but hadn't necessarily planned on moving the bulk of my money... one more thing to figure out, now.
You'd probably wanna do it before the day they remove it 😁
Literally grade school history teaches this lesson and why we have the FDIC. Even these 'poorly educated' MAGAts should have at least learned about this before they stopped going to school...
😂😂😂😂😂😂 they're uneducated they don't understand they'll have to FAFO
You can blame the decades-long campaign by the GOP and Libertarians trying to push 'deregulate everything and let the free market sort it out' as economic policy. They actually think it will work instead of just ushering in a new era of robber-barons.
And to think Americans voted for this... when we could have had 4 years of normalcy.
The uneducated voted for this.
Yup 😢
I don't think you realize how insane that comment is.
Well, Americans are stupid. At least the 52 million that voted for him.
@@lewisbosworth860 I don't think you realize how insane you are. But that's just a part of being in a cult.
For all the MAGA that are in comments: The Federal Deposit Insurance Corporation (FDIC) is an independent agency of the United States government that protects bank depositors' insured deposits if their bank fails. The FDIC was established by Congress in 1933 in response to bank failures during the Great Depression. Would you prefer that Musk and Trump prevent you from accessing your bank to get your pay, SSA, or SSI money? If your answer is yes, you likely either don't receive a paycheck in this country or you're engaging in self-destructive behavior. Most of them that are bashing MSMBC are just lonely little Trolls with no credibility and cannot comprehend the topic.
I found out recently that the FDIC doesn’t guarantee 100% of your deposit though. It’s kind of like bankruptcy. You get a percentage. But that’s better than nothing!
Leave it the way it is!
It's been working fine for what 90 years?
Thank you, Mr. Velshi - thank you for teaching the truth, and in such a easily understood way.
Dumbest idea he's had yet, take away FDIC. This dude is nuts, no real plans. Hes got concepts though. 😆😆
Oh, he has plans.... to desecrate this nation every way he can.
Remember the recession of 2008. Caused by banks overextending their leverage because they weren't regulated. They got greedy and the housing market collapsed leaving them holding the bag. Taxpayers bailed them out while I lost over half of my retirement.
Actually that was 2007. Obama and McCain both had to go back to their senate seats to vote on another "bail out" kinda like when GHW.Bush did the S&L bailouts 🤔 when savings & loan companies were giving out loans without any backed $ 🤷 At the time Neil Bush was CEO of an S&L 🙄 but republicans don't care. They love David Duke policies too much 🤷
Greed is poison. Love your neighbor
Ignorance is poison. Be wary of your Trump supporting neighbor.
So according to Trump, insurance is not good enough for banks, but it's fine for your healthcare.
Let that sink in.
Succinct! 👌🔥
Looks like the mattress and mason jar are back in style
I know that's right! Offshore or however it needs to get done
Let's see, how many bankruptcies has Trump been involved in? I've lost count.
6. I believe gm and delta had more.
@@leonblack2651 Sounds like youre close to an economic collapse there in russia now that the ruble is worth less than a US penny. How do you live on that?
@DuaneHallinSD free housing, free medical care, low cost of living. Why do Americans whine about not being able to afford a home or healthcare? There are no homeless here in Russia.
At least 6 to 8. A real economic anti genius he is.
@rt-420 good thing Musk is the president. He's never had a bankruptcy. You may stop whining about it now.
If the government did this in Australia I would pull all my money out tomorrow.
Truth. Pulled my money out already. They want us to invest in Crypto and Elon’s overvalued stock.
@ dude you should read crypto confidential by Nathaniel Eliason. The whole crypto world is a giant Ponzi scheme. The book is wild! We have laws that prevent us pulling out over $5000 at any time here in Australia. Makes me super nervous but would prevent a bank run. And our deposits are guaranteed by the Aus government by up to $250,000 but if they did away with that we would all pull all we could and make them all insolvent.
A rich person who doesn't want to look out for other people's money. It's just that simple.
Like I said before, enjoy this year because Heaven knows what we’ll be going through next year. 🤨
He’s telling us right now to expect a new depression
You think we (Trump) would have learned from the 08 crash!! People better hang on to their hats.
Pucker up! It's gonna be a rough 4 years.
Trump did learn. I'm sure when the 08 crash happened, he went in and swooped up all those low cost stocks. He wants to do it again.
The robbers don't want to have any protection for you.
EXACTLY 😮🤬🤬
Trump: " I checked with Putin, he said it would actually be good for our economy, of course I believe him".
Trump bows to Putin and Elonia.
Won’t be leaving my money in the bank so it can “disappear”. This regime is insane.
What we need to end is bank bailouts. Protect account holders and let banks fail. End government (public) bailouts for private companies.
That's literally how Buch started the 2008 crisis. What you wanna do is keep banks liquid and instead for once begin to put white collar criminals in jail.
Anyone that’s read history will know this. But, I’m sure, little maggots and Maggie’s skipped class!
"Waaa! Waaa! Waaa!..." 😂
I don't think they even went to school, if they had, we wouldn't have the likes of Trump
As Trump once said, " I love the poorly educated". They took it as a compliment.
go watch your soap operas, grandma.
ElainIsabell, WE'RE SMARTER THAN U & MOR C0URAGES. HAS A C0WARD LIKE U EVER HEAR 0F THE G.I. BILL?
I predict many CEOs of banks would see the same demise as United Healthcare CEO if Americans lose their $$$.
Hopefully they paid attention
I predict they will just be spending a few million $s of the billion $s they will be stealing during the Trump anarchy, on private security and mansion in the caymans.
The FDIC has been useful over the years, but shouldn’t have been abused as it was in the case of Silicon Valley Bank. Oh, I forgot. A lot of wealthy political donors kept money at SVB.
Old Scrooge(Elon Musk) and Tiny Tim(Donald Trump) are at it again.
Thanks to Franklin D. Roosevelt, for your visionary leadership as a Democrat during one of America’s darkest times. Your New Deal reforms, including the creation of the FDIC, not only stabilized the banking system but also restored confidence in the economy and protected countless families. Your legacy reminds us of the power of bold, compassionate leadership in times of crisis….
Trump wouldn’t know nothing about this and would let everything crumble
Velshi’s next segment should be on how Americans can lawfully move their money off shore like the billionaires do…
😂None of this matters!😂Donnie the financial genius is here!😂
If he's such a jeanus, how did he bankrupt 2 casinos, a charity, and an online "university" 🤔 while he couldn't sell vodka, steaks, and water with his name on them 🤷
Anything to crash the system and start more years of Quantitative Easing.
Thanks for the report. Its a wonderful life!
The bank run is a very dangerous thing. This will set up a collapse of the economy if planned with other things. I dont think any person should agree with Vivek and Elon says,
Why not make it more "efficient"?
Knowing Trump BS, I have already moved my money off shore,
Smart move.
Question is, will the American dollar keep its value? Time to change it for Euros or another currency?
The UK pound is a safer bet than the Euro.
Maybe report on "bank holiday's" and the banks that were allowed to reopen, and what happened to the rest of the banks.
But these financial institutions pay a fee , to get the insurance coverage, but that is a cost on the bank business that doesn’t actually make them money. So billionaires who are now making calls on their Republican representatives to eliminate anything that costs them money, and doesn’t benefit them. So removing Social Security, Medicare, Medicaid, the VA, and FDIC, environmental regulations and occupation health / safety regulations. Oh and the big one removing corporate taxes and taxes on the 1% club . Because this will lead to wealth creation.
Grifters are going to grift. Kleptocracy out in broad daylight. Moscow Agents Grift Again.
Mr. Velshi is a fantastic journalist. Some advice to his employer: let him cover whatever he wants. The public will be well served and it will improve your cred.
Velshi👍🏼
The only reason Trump would want to change this is if he is expecting banks to fail, but he has other plans for the federal funding for this program.
You mean like he wanted Obama Care to fail because he had other plans? HA!
This needs to happen. People need to learn the hard way that stupidity has consequences.
So we have basically traded American exceptionalism for an Israeli empire??
WTH? how is it that thought is even valid as sane? removing the FDIC?!? My morale is tanking again. . . omg 4 years :( can we survive this?!
If this happened most of my money would be in stocks and index funds, or a credit union. Cause im not dealing with Banks or putting money in my mattress in case the house burns down.
We need create jobs..is the solution..to all countries.. created job's.
So then going after the FDIC is a good idea got it thanks
What could go wrong???
It's a Wonderful Life is my favorite all tome movie. We all need to stick together and not allow DOGE and Elon Musk to dismantle the safety net we all know and count on.
The banking industry is regulated by half a dozen overlapping agencies. We can afford to lose a couple and be just fine.
famous last words
mate it needs to be more regulated. baks are the reason why 2008 happened
Those billion-dollar companies can't allow that.
Well, yeah! I’d take my money out.
It's what he wants.
Remember Junior Achievement? Not saying its perfect, but this is the type of stuff you could learn if you were paying attention. Now people get their financial advice from their "pandapop friends" group🙄
Bunch of dips(=# republicans.
Audit the FED. Your money is wasted
Oh no not this expert at nothing? No one is worried about bank jeopardy because the FDIC will be eliminated, chicken little.
Is this a joke? Seriously, is it? 😂😂😂😂
Looking in a mirror with your pants down.
No, it’s deadly serious.
Mother of all clickbaits.
THE I AM DISCOURSES ON AMERICA
What?
Cik ir ielikts, bet vēl nav rezultātu? Kā strādājāt tie? Pāri vairākiem gadiem un tas viss bez rezultātiem. Ir tak Ziemassvētki, ir nepieciešams līdzekļi uz rokas 💵 Ja nav, tad jāmeklē tāda veida iespējas, citur jāiet, prom no tās vietas.
*_MERRY CHRISTMAS MAGA NATION_*
Enjoy the tariffs Maga!
Russian bot
@@toddspangler6669 --- We already are. Biden never took the ones off of China that Trump had put on.
If libs are crying about it, it means Trump and Republicans are doing a good job, MAGA.😎💪
VP Trump and "Republicans" don't seem to be on the same page lately, huh?
They didn't give him the debt ceiling suspension he wanted so badly, did they?
LOL.... First loss and he hasn't even taken the oath yet....
hahahahaha
We get it. Your guy won. Good job. But this and his other policies affect everyone in America. There isn't a Bank of MAGA that will keep FDIC intact. The tariff increases aren't only going to see cost increases for Harris voters. The end of Social Security, Medicare and Medicaid won't check your voter registration card first, it'll just be gone. Again, good job.
You could be a bot
You could be a foreign born troll that doesn’t understand American Banking
If you are an American and that poorly educated about your money. You need to start over
I’m sure trump knows that what he is doing
Why? The bankruptcies or the antagonism towards our loyal allies?
No, no he doesn’t, and he doesn’t care what chaos he causes.
@ no that won’t happen
@ lies
Agreed!
MSNBC ratings are at record lows
MSNBC, why are you still here? Go away!
Misinformation
It isn't. They have openly discussed it.
Try not to be such an imbecile.
It’s cold in Moscow this time of year. Dress warmly.
MSNBC is deplorable
Keep up.
Comcast is getting rid of its cable business.
Msnbc pretty much means nothing to them now.
This seems like a very important story, so why the deplorable comment?
No, that would be you cult members.
But here you are watching 😂and commenting
Grow up
Government is not smart economics.
Proof: Our extended liability debt is over 221 trillion dollars.
Class dismissed.
Government debt is not the same as personal debt.
@@jesusacosta5176 My comment had nothing to do with personal debt. Dismissed.
Without the FDIC that debt would be stretched even further.
It's little wonder then, why Trump wanted the debt ceiling eliminated. They're planning on putting those billionaire tax cuts on the credit card, again.
@@t47328 Also not the point.
Why is it that everything that Donald Trump proposes is going to be a total disaster according to the Democrats?
The jealousy in all of this is culpable.
So are you pretty sure that Trumpf will be loyal to you guys there in russia? He's pretty nuts.
It's according to history.
Culpable was not the word you were looking for. Your Russia-English algorithm needs work.
palpable
@@alphabravo8703
The jealousy in all of this is culpable" means that the jealousy present in a situation is directly to blame for the negative outcomes or conflicts occurring, essentially stating that the jealousy is a significant contributing factor and can be held responsible for the issues at hand.