Explain This: GOP says Washington and the regulators are there to serve the banks

Discussion in 'Politics' started by rdean, Oct 6, 2011.

  1. rdean
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    Rep. Spencer Bachus (R-Ala.), the incoming chairman of the House Financial Services Committee, is coming under fire from liberal groups for suggesting that federal lawmakers and regulators exist to "serve the banks."

    "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," he (Rep. Spencer Bachus (R-Ala.)) said.

    Rep. Bachus tells local paper that Washington should 'serve' banks - The Hill's On The Money

    This quote may be months old, but it's more true today. Corporations are "people" my friend. Only they aren't.

    I suspect Republicans see corporations and banks as their "family", but they see the rest of America as a doormat. Something to wipe their feet on.

    [​IMG]

    [ame=http://www.youtube.com/watch?v=2PiXDTK_CBY&feature]Wall Street Mocks Protesters By Drinking Champagne 2011 - YouTube[/ame]

    Watching the protesters, waving and drinking champagne. Gotta love those Wall Street Republicans. "Family".
     
  2. Avatar4321
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    Avatar4321 Diamond Member Gold Supporting Member

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    Washington is the servant of the people. The people, whether they be bankers, lawyers, doctors, construction workers, fast food cooks, or any other profession and job, are not here to serve Washington.

    That's how President Washington would have seen it. And those in the Federal Government need to learn that is how the City named after him should behave as well.
     
  3. ClosedCaption
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    ClosedCaption Diamond Member

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    I'll explain it, the GOP believes Washington is their to serve the banks. Sidenote: banks aren't people
     
  4. California Girl
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    From the article:

    Well, that dismisses the OP as yet more bullshit and faux outrage.
     
  5. ClosedCaption
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    ClosedCaption Diamond Member

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    Clarified remarks always work for the right wing except when a dem "clarifies"
     
  6. Mad Scientist
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    Mad Scientist Feels Good! Gold Supporting Member Supporting Member

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    Oh and Democrats aren't? BOTH parties are owned by Corporate and Banking interests. Only the blind and stupid can't see that.

    More rdean partisan hack fail.
     
  7. NYcarbineer
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    NYcarbineer Diamond Member

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    Backtracked, not clarified.

    Of course the Republicans believe that. That is who they work for. It's not that complicated. The Republicans, generally, work for the banks, for Wall Street, for the oil companies, for the defense industry, for corporate interests in general.

    None of this is that mysterious if you just follow the money.
     
  8. rdean
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    Notice how Republicans always "clarify their remarks later?"

    It's because they are being "candid". Then someone points out how fucked they are and their PR man says, "Walk it back". They do. Then California Girl says see? They were "misunderestimated" or some other Miss Teenage Carolina comment".
     
  9. NYcarbineer
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    Not in equal measures. The GOP's subservience to corporate/banking interests is comprehensive.
     
  10. California Girl
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    People who live in glass houses, should not throw stones. Your beloved DNC doesn't have a sterling record with its bank buddy system.

    Seriously.... you guys (both sides) make me laugh with your faux outrage about the other side... while steadfastly ignoring the same behavior on your own side.

    Credibility.... look it up.
     

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