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Burr and banks

So earlier this week, Sen. Richard Burr gave a talk to the Henderson County Chamber of Commerce and his remarks were covered by the local paper. During part of his speech, Burr talked about events surrounding the bank bailouts last year:

The state of the financial system at that time had a profound impact on the senator.

“On Friday night, I called my wife and I said, ‘Brooke, I am not coming home this weekend. I will call you on Monday. Tonight, I want you to go to the ATM machine, and I want you to draw out everything it will let you take. And I want you to tomorrow, and I want you to go Sunday.’ I was convinced on Friday night that if you put a plastic card in an ATM machine the last thing you were going to get was cash.”

That kind of remark doesn’t go unnoticed and soon news organs like The Hill and our friends at Dome amplify the report.

In turn, liberal-leaning websites picked up the report and blasted Burr for making “a run on the bank” during the crisis. Click here for Huffington Post’s take, which includes a nod to the DSCC jumping on the pile.

There’s only one place to go from there: Being made fun of by a nation political humor site. On that note, here’s Wonkette’s take:

North Carolinians, did you know your only national senator besides godless Kay Hagan is some guy who wanted his wife to withdraw his family’s entire savings from his local bank one ATM transaction at a time? If everyone had done this back in September, maybe we really could have had a good old-fashioned Depressiony bank run like in olden times.

Probably not the attention one wants, especially heading into an election.

Update: Now here comes CNN to make sure nobody misses the story.

Comments (1)

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Less see now, Perdue said during the gas shortage, everone go top off your tank.
Did not seem to make the liberal press.Nor does anything else, the libearls pull.
Now who would watch CNN.
keep up the good work Burr, anytime Binker are Clark on your case, we understand, you are the man.


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