Signature Bank is in big trouble. In his fight against a “Woke” bank that closed his account in the wake of the 2020 presidential election, Trump has finally won. As of the now, Signature Bank is closed.
Authorities seized Signature Bank of New York on Sunday night, making it the second regional bank to fail in just 48 hours.
That came two days after authorities closed Silicon Valley Bank, which was the second-largest bank collapse in American history. It was the third-largest bank failure in the country’s history.
Following the Fedsurrection on January 6, Signature Bank made a self-righteous statement that was the epitome of Woke idiocy.
The New York-based bank run by Joseph J. DePaolo declared that it had never previously commented on any political issue and hoped to never do so again. But, the rioting and insurrection that occurred in the most revered of American institutions, the United States Capitol, has gravely upset us as Americans.
Trump’s personal accounts at the bank were terminated by Trump Gets Las Laugh At Signature Bank That Closed His Accounts In 2020, who also threatened to “never do business again with any member of Congress who voted to ignore the Electoral College.”
Democrats have objected to elections every time they have lost a vote since 2000, if by “Signature bank” you meant members of Congress who used their constitutional authority to do so.
We can’t expect a Modern bank to accurately account for the past. Then, Signature Bank used its flawed logic to demand that President Trump resign.
After thousands of Trump fans attacked the Capitol Building last week, Signature Bank called for Trump to resign for inciting hatred.
The statement stated, “To watch a rioter sitting in the U.S. Senate’s chair and our elected officials being instructed to take refuge under their chairs is disgraceful and a disrespect to the Republic.
It turns out that “rioter” was personally escorted to the presiding chair of the U.S. Senate with the assistance of at least nine Capitol Police officers.
Jacob Chansley, the so-called “QAnon Shaman” was led by Capitol Police through the halls of the Capitol where they ushered him to the very door of the Senate chamber where he gave his January 6 speech to fellow “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 in the National Guard to protect the Congress in its performance of duty,” the statement added.
It turns out Mitch McConnell and Nancy Pelosi rejected multiple requests for additional cops and National Guard troops, as did the D.C. Mayor Muriel Bowser.
Donald Trump told the audience at his January 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 uncharged rioter Ray Epps.
Ray Epps Lied in His Sworn Testimony to the January 6 Committee, and Surveillance Footage Proves It
“Epps testified that when he sent the text messages to his nephew, he had already left the Capitol grounds to return to his hotel room. That is not true. The surveillance footage… https://t.co/BxcXs8wh7D pic.twitter.com/IruGW4MHBq
— The Vigilant Fox 🦊 (@VigilantFox) March 7, 2023
“At this point in time, to ensure the 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 interests of our nation and the American people,” the statement added.
This is as brazenly partisan a statement as one will get from any ‘bank.’ It’s poetic justice that the bank is being closed, since it didn’t value the business of its customers as much as its Woke politics.
It is an interesting coincidence that Silicon Valley Bank is also immersed in the same Woke politics that ensnared Signature Bank. In 2013, SVB formed the first U.S.-Chinese joint banking venture.
SPD Silicon Valley Bank (SSVB) was a joint venture between Shanghai Pudong Development Bank and US-based Silicon Valley Bank.
“As I am here, and we intend to be here forever, I have to be more like the Chinese,’ said David A. Jones, President of Silicon Valley Bank Asia and SSVB, to the Shanghai Daily.
Now, it looks like Silicon Valley Bank’s depositors are about to be “Shanghai’d” since it is not being bailed out.
The Federal Reserve and the Treasury Department are now scrambling to contain the Woke contagion infecting America’s banking system. As the Biden administration seeks to “finish the job” in America, one has to wonder if it’s all just happenstance that anti-capitalists are taking a wrecking ball to the nation’s capitalist system. After all, there is a Trump truism that encapsulates perfectly the mess that America is in.
“Everything Woke turns to sh*t.”