That should kind of bother all of us. Not being answered by government officials happens in countries we call regimes, ruled by dictator types. So how come the result is the same here in the USA? Including for someone deep in the finance world.
Even though Jefferson is managing monies and investments in numbers most people only see on a calculator, and because those running the institutions named above likely will never have a problem paying for groceries or gas, and because even if a bank does fail those with monies in the bank are protected up to FDIC limits, it doesn’t mean the concerns and questions he’s raising should be ignored by officials.
When did we start accepting that our important agencies are run by secrecy and avoidance? Because that’s not in the P.R. pamphlet about the U.S.A. yet that’s’ exactly what’s happening and what most expect to happen. “That’s the way it goes.” When did apathy and accepting no accountability or response from our officials become who we are?
The short answer to why no one will talk about the bank is: it’s policy. Is that something we are all ok with our officials doing?
