“Washington’s Role Is To Serve The Banks” Says Spencer Bachus, Incoming House Banking Committee Chairman
A reporter is doing an interview and is obviously recording. Do these guys even think before they begin speaking.
Bachus supported TARP, though begrudgingly, and only after he was removed by Republicans from his role as lead TARP negotiator with Democrats. He also showed some intelligence last week when, against certain Wall Street Congressional interests, he appointed Ron Paul as Chairman of the House Monetary Policy sub-committee with oversight over the Fed.
But he’s still a hypocritical TARP scallywag