🧵on SVB: whether you think vulture capitalists and SV titans are getting a bailout or not (they are), the bigger picture here is what the IMMEDIATE govt response says about our political system: when plutocrats are threatened, govt acts in 48 hours. When ppl of East Palestine...
Flint, poor Black & brown communities, and name-your-Native-American reservation are poisoned by their govt and/or corporate America--politicians hide behind bureaucracy, red-tape, and legal excuses to basically do nothing...while regurgitating BS "all clear" declarations from...
the EPA, state environmental agencies, etc. Think about this...a month from now is the 9 year anniversary of the ONGOING #FlintWaterCrisis & residents STILL get rashes, receive smelly water, & have burning eyes in the shower. And ALL THE DESTROYED PIPES haven't been replaced...
do u think it would take more than 9 WEEKS to fix the same situation that happened in Flint if it happened in Silicon Valley? Do you think the president would refuse to sign a FEDERAL DISASTER DECLARATION—like Obama did in Flint and Biden has done in #EastPalestineOH—if either...
happened in Silicon Valley, or where some of America's top donors live on the Upper East and Upper West Side of NYC? If that were the case, our Congress would act within 48 hours and residents would likely be temporarily relocated to nice hotels or temporary housing. Why is this?
Because our government is corrupt filled with millionaire sociopaths who have more in common and a more natural connection with plutocratic "victims" of a bank run then they do poor or working class people poisoned by their govt or corporate America. For the latter, it's..
ah shucks folks, we'll sure do everything we can within "what's possible" to help you (i.e. secure crumbs for you and then do some photo ops to pretend we care). All of this lack of URGENCY from our politicians for poor and working class people is reinforced by a media filled...
with similar other millionaires and wealthy people who are similarly disconnected from the poor and working class people victimized by our government and corporate America--whether it be victimized via their health, gentrification, police terrorism, etc. The mainstream media...
covers stories like Flint and East Palestine a lot for about 1-2 weeks and then shifts to occasional updates and ultimately abandoning the story. But for plutocrats who might lose money, the media will cover it as long as it takes. Of course, in the case of SVB bank, there are...
also non-plutocrats and small business entrepreneurs who had their $$ in SVB. I have no issue with them being made whole. But make no mistake--the govt is not acting for that smaller subset of individuals. They are acting for the heavy hitters. Like they always do.
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