Virginia Kruta | Associate Editor 04/10/2019
Democratic California Rep. Maxine Waters challenged bank executives during a Wednesday morning hearing, appearing to blame them for the student debt crisis..........
“When the government took over student lending in 2010,
we stopped doing all student lending,” he said.
Fox Business host Stuart Varney played a clip from Wednesday’s
hearing, then noted that as chair of the Financial Services Committee,
Waters
should have known that all
student loans were nationalized in 2010. Therefore, none of
the bank executives she questioned had any control over the student debt
crisis.
“That was interesting, was it not?” he asked. “It
appeared to me that Maxine Waters, who chairs the House Financial Services
Committee, did not know that the government had nationalized student loans 10
years ago. I don’t believe she knows that.
She chairs a committee which
regulates the banks.”.........To Read More....
My Take - I love it when stupid members of Congress get on these committees and start to challenge people with these big self righteous shows of outrage and indignity, and then it turns out they don't have a clue about what their talking about. Maxine's membership in the Club For the Galacticly Stupid was assured the old fashioned way. She earned it.
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