Top 10 Crazy Things Conservatives Say Wall Street Edition

Bill Scher

It’s been 20 months since Barack Obama was inaugurated, and two months since Wall Street reform was signed into law, and two weeks since Elizabeth Warren was appointed to set up the first agency designed to protect consumers of financial products.

It may be in vogue among conservatives to join most Americans in criticizing the bank bailout, but when conservatives open their mouths after that, do they make any sense? Or do you get another heap of conservative crazy, on top of their crazy comments on the economy and health care?

Our third edition of “Top 10 Crazy Things Conservative Say” reveals all!

10.

“I think it ought to be repealed.” — House Minority Leader John Boehner, one week before Wall Street reform was signed into law

9.

“I just don’t know how long you can expect people to contribute money to a political party whose main plank of their platform is to punish you.” – National Republican Senatorial Committee Chairman John Cornyn, making his case why Wall Street should give money to Republicans and not Democrats.

8.

“…as I was listening to [President Obama] make those statements I thought, is this still America? Do we really tell people how to run [a business], and who to pay and how much to pay?” – Sen. Jim Inhofe, defending Wall Street executive pay practices.

7.

“This is killing an ant with a nuclear weapon” — House Minority Leader Boehner, comparing the financial crisis to an ant, and reform to a nuke.

6.

“That is the federal government coming in– in a real thuggish way, if you will — and taking over the boardrooms of private industry.” – Rep. Michelle Bachmann

5.

“I think it’s a sad day in America when the government starts setting pay, no matter how outlandish they are.” — Sen. Jim DeMint

4.

“…they eliminate every bank in the country and all private student loan lenders so the government can do it instead.” – House Minority Leader Boehner, upset at the end of government subsidies to banks making student loans.

3.

“If we do such a good job of running the federal government, what business do we have telling them how to run the banks?” — Sen. Tom Coburn

2.

“You can’t apply Washington bureaucratic rules to a free market company without ultimately destroying the company.” – Possible presidential candidate Newt Gingrich, arguing against cap on Wall Street exectuve pay.

…And Number 1!

“Don’t let those little punk staffers take advantage of you and stand up for yourselves” – House Minority Leader Boehner, offering his advice on lobbying against Wall Street reform to “enthusiastic crowd of bankers at the American Bankers Association”

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