Maxine Waters beclowns herself to the big red nose
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Posted On: 04/12/2019 10:35:03 AM
Maxine Waters beclowns herself to the big red nose level on student loans
Thinking she had reeled in a big one, Democratic chairwoman of the House Financial Services Committee Maxine Waters (D-Calif.) planned to line up the country's big bank presidents (you know, like the famous tobacco executives) and call them on the carpet over the student loan debt issue. She was loaded for bear.
According to the Washington Times:
At a hearing featuring a panel of seven bank CEOs, Ms. Waters ticked off figures on student loan debt and defaults, then asked, "What are you guys doing to help us with this student loan debt?
Who would like to answer first? Mr. Monahan, big bank."
Much to the House chairwoman's surprise, she was calmly advised, by bank president after bank president after bank president, that they didn't do student loans anymore.
President Obama had nationalized the entire market.
Ms. Waters replied, "Oh, so you don't do it anymore. Mr. Corbat?"
Said Citigroup CEO Michael Corbat: "We exited student lending in 2009."
She then turned to James Dimon, JPMorgan Chase chairman and CEO, who explained, "When the government took over student lending in 2010 or so, we stopped doing all student lending."
At that point, Ms. Waters changed the subject, saying, "Thank you. What about small business?"
So there weren't any big banks to blame for student debt anymore?
No capitalist to call on the carpet? Obama was the one responsible because he nationalized the market?
Maybe IDIOT Waters should talk to Obama about it instead?
https://www.americanthinker.com/blog/2019/04/...loans.html
Thinking she had reeled in a big one, Democratic chairwoman of the House Financial Services Committee Maxine Waters (D-Calif.) planned to line up the country's big bank presidents (you know, like the famous tobacco executives) and call them on the carpet over the student loan debt issue. She was loaded for bear.
According to the Washington Times:
At a hearing featuring a panel of seven bank CEOs, Ms. Waters ticked off figures on student loan debt and defaults, then asked, "What are you guys doing to help us with this student loan debt?
Who would like to answer first? Mr. Monahan, big bank."
Much to the House chairwoman's surprise, she was calmly advised, by bank president after bank president after bank president, that they didn't do student loans anymore.
President Obama had nationalized the entire market.
Ms. Waters replied, "Oh, so you don't do it anymore. Mr. Corbat?"
Said Citigroup CEO Michael Corbat: "We exited student lending in 2009."
She then turned to James Dimon, JPMorgan Chase chairman and CEO, who explained, "When the government took over student lending in 2010 or so, we stopped doing all student lending."
At that point, Ms. Waters changed the subject, saying, "Thank you. What about small business?"
So there weren't any big banks to blame for student debt anymore?
No capitalist to call on the carpet? Obama was the one responsible because he nationalized the market?
Maybe IDIOT Waters should talk to Obama about it instead?
https://www.americanthinker.com/blog/2019/04/...loans.html
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