Mitch McConnell: I'm not doing the bidding of large banks

http://www.cbsnews.com/8301-503544_162-20002575-503544.html

Senate Minority Leader Mitch McConnell (R-Ky.) and other Republicans have been making the argument that the effort by President Obama and Democrats to reform the financial industry is actually a way to institute "endless taxpayer funded bailouts for big Wall Street banks," as McConnell put it on Tuesday.

The claim echoes advice from Republican pollster Frank Luntz to members of the GOP who oppose the financial industry reform bill to label it a "bailout" bill. The advice prompted White House deputy communications director Jen Psaki to suggest on the White House web site that McConnell is simply following Luntz' marching orders. "No matter what the bill actually does, they're going to call it a bailout because that's what the polls tell them to do," she wrote.

On Wednesday, McConnell was asked by a reporter if he is "doing the bidding of the large banks." McConnell receives more money in donations from the "Finance, Insurance and Real Estate" sector than any other sector, according to the Center for Responsive Politics.

"There was a report that you guys met with hedge fund managers in New York," a questioner said to McConnell. "A lot of people are viewing this particular line of argument, this bailout argument as spin..."

McConnell responded that "you could talk to the community bankers in Kentucky."

(...)

40?

60?

I doubt there are 100.


And how many consumers are there in Kentucky?

Almost 4.5 million. That doesn't include other corporate persons who are referred to as "small businesses" and are equally in need of protection.

Sen. McConnell thinks democracy is served by representing 100 corporate persons over 4.5 million physical persons?


For the record, McConnell is lying sack of shit because the "community bankers" support regulation and the CFPA based on this letter to Sen. Dodd and Rep. Shelby from the Independent Community Banker's Association.



http://www.icba.org/files/ICBASites/PDFs/ltr012110.pdf

:eyes:

Sweet.

Repubs, meet Mr. Rock and Mr. Hard Place.

Have fun!

So there! Stick that in your bong pipes and smoke it, hippies!

that you are. Frank Luntz says you are doing the bidding of the big banks. You are doing the bidding of the big banks, McConnell is doing the bidding of the big banks. Senator McConnell is doing the bidding of the big banks. yes, mcconnell is doing the bidding of the big banks. Mitch McConnell is doing whatever the big banks tell him to. For donations, to elect republicans. Senator McConnell is doing the bidding of the big banks.

See how that works, McConnell? We can do that repeating stuff so much it becomes truth too. Except this is the truth. McConnell is doing whatever the big banks ask him too. For Donations. To elect republicans.

Mitch McConnell is doing the bidding of the big banks. :rofl:

I'm not sure I caught that. It sounded like you said Senator Mitch McConnell of Kentucky is doing the bidding of the big banks. Is McConnell in the pockets of the big banks who DO NOT want reregulation of their industry?

Mitch McConnell is doing the bidding of the big banks, and he's a lying sack of shit.

:silly:

MM is such a RW stooge. He's damned if he does; damned if he doesn't. Hee Hee.

Chinless McTurtle is losing this fight, and he now knows it.

McConnell: Um... <holds hand to ear, tilts head slightly, looks off in the distance for a couple of seconds> ...no, no I'm not doing the bidding of the large banks

Reporter: Senator, public records show-

McConnell: <interrupts> Good job, Carl. Thanks Rick, I hate these fucking reporters. Well once Mitch get's inside you can go get some lunch. Can I bring you back anything? Yeah, there's a Subway on the corner and I'd love a... hey, I think you left the microphone on. What? OH SHIT! Carl you ass! Turn it off! TURN IT OFF! There! There! Click!

Reporter: Are you feeling okay, Senator?

McConnell: Ummm.... I have to pee. <flees>