Hey Friend, I wanted to share some thoughts about what caused Silicon Valley Bank’s collapse, and why I oppose Joe Biden’s Bank Bailout.
I’m not asking you to sign a petition or take any other action; I just want you to know where I stand on the issue.
The primary causes are the negligent and risky practices of SVB’s managers, Joe Biden’s refusal to take action until it was too late, and Biden’s reckless economic policies.
His policies drove up inflation and put banks at risk.
Now, that brings us to Biden’s Bank Bailout, which is a complete fiasco. Why?
First of all, it’s well known that SVB funneled American money into Chinese companies. Make no mistake, these companies are almost certainly linked to the Chinese Communist Party.
Biden should promise Arkansans and Americans that not a dime of their money will be used to bailout these Chinese companies. He refuses to do so, which should tell you exactly what he plans to do.
Finally, all you have to do is look at SVB’s website to see they were distracted by things like DEI and ESG investing — which totally matches Biden’s agenda.
We all know there’s no chance Biden would have bailed out a bank in East Arkansas.
More to the point… there’s no chance Biden would bailout a bank that was just as big, just as reckless, and banked for the oil and gas industry.
This entire situation is a failure all the way down.
I know this is a different type of email than you usually get from my team, and probably from other Republicans.
Only the strong can preserve their freedom, and I’m counting on your support for our mission to make America strong again.
Democrats are trying to weaken our military, indoctrinate our kids, open our borders, and release criminals from jail. To stop the madness, we must fight back.
Senator Cotton was honorably discharged from the U.S. Army.
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Cotton for Senate
P.O. Box 7839,
Little Rock, AR, 72217 USA