Entrepreneur and 2024 presidential candidate Vivek Ramaswamy weighs in on the debate surrounding whether Silicon Valley Bank was woke. #SVB #wokeness About Rising: Rising is a weekday morning show with bipartisan hosts that breaks the mold of morning TV by taking viewers inside the halls of Washington power like never before. The show leans into the day's political cycle with cutting edge analysis from DC insiders who can predict what is going to happen. It also sets the day's political agenda by breaking exclusive news with a team of scoop-driven reporters and demanding answers during interviews with the country's most important political newsmakers. Follow Rising on social media: Website: Hill.TV Facebook: facebook.com/HillTVLive/ Instagram: @HillTVLive Twitter: @HillTVLive...(read more)
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Vivek Ramaswamy, a prominent entrepreneur and policy advocate, has recently criticized President Joe Biden’s move to bail out Silicon Valley banks. As a vocal critic of the tech industry, Ramaswamy has called out the hypocrisy of the tech sector in accepting government aid while simultaneously pushing for regulations that would stifle competition. In a recent op-ed for the Wall Street Journal, Ramaswamy ripped into the Biden administration’s decision to funnel billions of dollars to tech sector banks to fund loans for small businesses struggling during the COVID-19 pandemic. Ramaswamy argued that these banks have already profited immensely from the tech industry’s rise and should not need government assistance to continue doing so. Furthermore, Ramaswamy criticized the tech industry’s support for additional government regulations that would limit competition and fortify the dominance of tech giants like Google and Facebook. Ramaswamy argued that these regulations are a form of rent seeking, wherein the tech industry seeks to use government power to entrench their position in the market. Ramaswamy’s criticisms of the tech sector have been well received by many in the business community, who share his concerns about the industry’s growing power and influence. In recent years, many have worried that the tech industry’s dominance over the economy could lead to a lack of innovation, stifled competition, and a decrease in consumer choice. Ramaswamy’s outspokenness on these issues may help to spur greater debate and awareness about the role of the tech industry in American society. By shining a light on the industry’s hypocrisy and rent seeking, Ramaswamy is challenging us all to think more critically about the ways that our economy is structured, and to consider alternative models that prioritize innovation, competition, and consumer choice. https://inflationprotection.org/vivek-ramaswamy-criticizes-biden-for-silicon-valleys-bailout-and-exposes-tech-industry-hypocrisy/?feed_id=89167&_unique_id=643f2e66993a2 #Inflation #Retirement #GoldIRA #Wealth #Investing #2024 #Antiwoke #bailouts #crypto #democraticparty #democrats #EastPalestine #elonmusk #fdic #GOP #inflation #progressive #ProgressivePolitics #republicanparty #republicans #rising #SilibonValleyBank #svb #VivekRamaswamy #woke #wokeness #BankFailures #2024 #Antiwoke #bailouts #crypto #democraticparty #democrats #EastPalestine #elonmusk #fdic #GOP #inflation #progressive #ProgressivePolitics #republicanparty #republicans #rising #SilibonValleyBank #svb #VivekRamaswamy #woke #wokeness
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