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Silicon Valley Bank bunch, they’re Libertarians till they need a government bailout, aka Socialism.

The Silicon Valley Bank bunch are hypocritical Libertarians until they need a government bailout.

Silicon Valley Bank Libertarians always want government out of their lives. They want no taxes and regulations. They are #capitalist when profiting and #socialist when hurting.

SVB Hypocritical Libertarians

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Libertarians, venture capitalists, the wealthy, and the corporatocracy always preach that the government should stay out of the private sector. They frown on regulations and taxes. They love the complete freedom of individualism with little care for the cost or the parasitic behavior that got most where they are. It is imperative that everyone asserts their worth by noting the corporate executives and the wealthy would have nothing without intellect, labor, and service of others. That our economic system unfairly balances how income is distributed is an aberration in our system.

Joe Scarborough‘s statement was prescient.

“Just as there are no atheists in foxholes, there are no libertarians in business when there’s a run on banks,” Joe said. “There are people in Silicon Valley who love flexing their libertarian muscles any time they get a chance to squawk about it, and yet they’re the first ones to ask for government handouts, government assistance.”

New York Time Financial Columnist & CNBC Host Andrew Ross Sorkin pointed out how quickly these Libertarians begged for a bout of Socialism.

“David Sacks, very close to Elon Musk, was on Twitter all weekend screaming from the rooftops about bailouts, the need for bailouts,” Sorkin said. “He would say it was for the entire country, which is true, but I think that made it more politically palatable rather than just saying, I just need a bailout over here. We need to do it everywhere.”

I hope most Americans that are always supporting politicians pushing policies that favor the rich and corporations because they believe the fallacy that giving unearned rewards to the rich will be afforded to them when they get rich realize that we are not a meritocracy. One must be invited to that stratum.


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