I have a
very humorous story to relate. Do you know who Maxine Watters is? Just in case
you don’t know, here is just a tidbit to clue you in. She is the black
congresswoman from California who is obsessively and rabidly anti-trump. I have
heard some inferences to her possibly diminished IQ, which I have previously
ignored. Here is the story, and you can judge for yourself.
Maxine is the chairperson for the
powerful finance committee which has oversight of laws and conduct of many
financial institutions in America, which also includes oversight of the banking
industry. Maxine was obviously interested in grandstanding before the news
cameras in a meeting with several CEO’s from some very large banks. She talked
at length about the ongoing problem of excessive student loan debt, and
repeatedly asked the CEO’s what they were doing to address the problem. One
after another of the CEO’s stated the same answer which was that they had
discontinued any involvement with student loans about 10 years ago. Maxine did
not see the obvious situation until one of the CEO’s finally informed her that
the student loan program was taken over by the federal government more than 10
years before, and the program was part of her financial committee’s
responsibilities. In short, she was trying to hang the problem on the banks
when her own committee had oversight of the student loan program. Get this. She
had no knowledge that the problem was hers, not the banks!! Now I ask you, is
that plain ignorance or is it plain stupidity.
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