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Open-borders Robert Reich blames Trump for SVB collapse

Posted on March 12, 2023
Robert Reich, right, and Bill Clinton sowed the seeds of America’s economic destruction decades ago by opening our borders, importing millions of cheap foreign workers, and kicking off globalization which has sucked trillions out of the US economy.

Look! Over there!

It’s not our open borders, foreign workers, and mass remittance looting they do that collapsed us, nope.

It was Trump.

Smog in Thailand must be Trump’s fault too.

Silicon Valley is 75% foreign workers. Why didn’t they keep the region booming the way they promised to?

It was Robert Reich who opened America’s borders and flooded us with millions of cheap foreign workers in the late 1990’s when he was Bill Clinton’s Labor Secretary.

Of course now he has to cover up that it was his own criminal cheap labor polices on America that caused the collapse.

We told you armies of foreign workers would eventually collapse the US due to offshoring and remittances, and now it has happened.

Even stalwart Wells Fargo’s stock has lost nearly 20% of its value in a week.

The truth is our banking system is under severe, constant strain due to remittances, globalization, foreign powers using our VC money and shipping it offshore, and loss of US industry.

The Fed has to keep printing billions in money (debt) to keep the banking system solvent with cash infusions because so much of US bank capital is removed from our banks annually.

These insane lunatics will never, ever admit they are wrong.

Liberals blame Trump for Silicon Valley Bank collapse citing 2018 bipartisan bill

“By the way, Trump deregulated banks like Silicon Valley Bank, which failed Friday,” Robert Reich, who served as labor secretary under former President Bill Clinton, posted on Twitter Friday after news that Silicon Valley Bank had been shut down by FDIC regulators in an effort to protect customers as the bank faced a liquidity crunch after losing $2 billion”.

New Immigration Guidance Aims To Attract Jobs And Entrepreneurs: Stuart Anderson

THIS is what is really collapsing America: foreign workers, open borders, and theft of our economy. Believe us, it’s not jobs and entrepreneurs we’re attracting.

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