GOP Rep. Bachus’s comment about banks is remarkably candid

Salon.com nine months ago:

Last Wednesday, just hours after securing the position of chairman of the House Financial Services Committee, Spencer Bachus, R-Ala., told the Birmingham News that “in Washington, the view is that the banks are to be regulated, and my view is that Washington and the regulators are there to serve the banks.”

That explains a lot, does it not?

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About Guy N. Texas

Guy N. Texas is the pen name of a lawyer living in Dallas, who is now a liberal. He was once conservative, but this word has so morphed in meaning that he can no longer call himself that in good conscience. Guy has no political aspirations. He speaks only for himself.
This entry was posted in Economics, Finance, News, Politics. Bookmark the permalink.

One Response to GOP Rep. Bachus’s comment about banks is remarkably candid

  1. rdean says:

    But the truth. Remember, “corporations are people my friend”. Republicans must see banks and corporations as their “family” and the rest of America as their “doormat”. What else could it be?

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