Trump advisors have forgotten the lesson of ‘It’s a Wonderful Life’

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1. **From Ryan Teague Beckwith, newsletter editor for MSNBC:**

   For audiences watching the 1946 Frank Capra movie, a bank run would have been a familiar scene. But in the decades since then, they’ve become a rarity, thanks to a government agency that some Trump advisers reportedly want to dismantle.

   According to [a recent Wall Street Journal article](https://www.wsj.com/finance/regulation/trump-advisers-bank-regulations-fdic-efa761dc), Trump advisers and officials with the so-called Department of Government Efficiency tasked with reducing federal spending have talked about eliminating the Federal Deposit Insurance Corp. (FDIC) or transferring its duties to the Department of the Treasury. This is highly unusual because, as the Journal notes, FDIC deposit insurance is “considered near sacred” and any move that threatened it would undermine trust in the banking system.

   **Read more:** [https://www.msnbc.com/opinion/msnbc-opinion/trump-doge-musk-ramaswamy-its-wonderful-life-rcna184159](https://www.msnbc.com/opinion/msnbc-opinion/trump-doge-musk-ramaswamy-its-wonderful-life-rcna184159)

2. They’re trying to undermine the banking system because they’re trying to topple the mighty USD to try and pump the unregulated crypto markets.

   It’s all a plan to enrich the billionaires at the expense of regular people

3. Trump is Potter

4. Trump and his billionaire cabinet cheer for Mr Potter.

5. Elon has been hinting at this since at least 2020. He’s also been directly saying “wouldn’t it be funny if the thing created as a joke about cryptocurrency, became the global currency?…”

6. Trump is so stupid
   =

   He could watch that movie 10,000 times and never even know what it’s about.

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