When Bernie Marcus talks, conservatives listen.
The Home Depot co-founder’s opinions are as easy to find — and as useful — as the chain of tool-and-appliance stores he started in 1978 that brought lumber yards from the outskirts of town into shopping plazas, and changed the way Americans work on their homes.
And when it comes to Friday’s failure of the Silicon Valley Bank — and the ongoing failure of the Joe Biden presidency, Marcus hit the nail right on the head.
In an appearance Saturday on Fox Business News’ “Cavuto Live,” Marcus, a 93-year-old who retired in 2002 from the company that made him a billionaire, had sympathetic words for depositors who might have lost millions, caustic words for the SVB officials who sold some of their stock in the bank only weeks before the collapse, and words of warning for Americans as a whole about what the SVB failure could portend about the economy, and what it says about the Biden presidency.
“I feel bad for all of these people that lost all their money in this woke bank. You know, it was more distressing to hear that the bank officials sold off their stock before this happened. It’s depressing to me,” Marcus told host Neil Cavuto.
He must KNOW him !!!