Posted on 04/10/2019 1:33:25 PM PDT by jazusamo
House Financial Services Committee chairwoman Maxine Waters was brought up short Wednesday after she targeted banking chiefs over the student loan crisis, even though the federal government took over student lending in 2010.
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.
Bank of America chairman and CEO Brian Monahan replied, We stopped making student loans in 2007 or so.
Ms. Waters replied, Oh, so you dont 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?
(Excerpt) Read more at outline.com ...
Geez! I wonder what those bankers were thinking. I would have walked right out of there and not come back.
Scatman Cruthers in a wig, gets shut down. Hard.
maxine...The Ultimate Nitwit.
maxine...The Ultimate Nitwit.
True, but doesn’t she have a staff?
She isnt going to keep anyone on staff who’s smarter than her, they will disrespect her by correcting her....
You give her too much credit
https://www.youtube.com/watch?v=a-1NlK_c3ag
Maxine Waters on Student Loans, Small Business
.................. cable news echo system goes KABOOM
Staff may be equally impaired, mentally, or they didn't care if the boss looks stoooopid.
When I saw the headline (elsewhere) about a new photo of a massive Black Hole, is it any wonder that I was fearing a photo from this?
. . . a few IQ points below the representative from Georgia who thought Guam would capsize.
LOL! Thanks, she thought nobody noticed.
https://www.youtube.com/watch?v=a-1NlK_c3ag
From earlier:
http://www.freerepublic.com/focus/f-news/3741011/posts
Maxine Waters on Student Loans, Small Business
Now that could be considered racis but correct. :^)
Oops. I thought this was the black hole thread.
It's also possible that she knows perfectly well that the banks no longer finance student loans, and all she's after is some sound bites for her next re-election campaign.
Her constituents won't know what the hell she's talking about, or care. They just want to see her punishing the excrement out of some white dudes. The surrounding facts and logic of her questioning are of zero importance.
hilarious ping
https://www.youtube.com/watch?v=a-1NlK_c3ag
From earlier:
http://www.freerepublic.com/focus/f-news/3741011/posts
is there video of this??
The purse stupidity of this woman amazes me
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.