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Sen. Burr Encourages Bank Run

Richard Burr
Mark Wilson / Getty Images

This deserves a teabag, no? Senator Richard Burr of North Carolina said that, when the financial crisis began, he told his wife, “Tonight, I want you go to go 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 Sunday.” In other words, he wanted her to make a run on the bank. Would he have advised his constituents to do the same? His advice was, of course, pointless, since the FDIC insures their deposits, but, had enough people done this, it would have forced banks to fail.

Posted at 2:51 PM, Apr 15, 2009
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Comments ()

BernieO

Guess he hasn't heard about deposit insurance. What a fool.

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4:01 pm, Apr 15, 2009

SlaveRevolt

Is this guy a descendant of Aaron Burr? Just curious.

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4:31 pm, Apr 15, 2009

mattbenzor

more freemason secret society trickery to keep us divided.Anyone on the republican side can't be trusted this evil is what paul talks about in ephesians6:10,11,12 ,10 A final word:be strong with the Lord's mighty power.Put on the full armour of God so that you will be able to stand firm against all startegies and tricks of the devil.For we bare not fighting against people made of flesh and blood,but against the evil rulers and authorities of the unseen world, and against wicked spirits in the heavenly realms. Sen.Burr is part of the unseen world anybody who would like a depression and harm women and children while doing what he suggested.Is not of God but is part of something more evil THE FREEMASON SECRET SOCIETY AGENDA

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5:15 pm, Apr 15, 2009

hermese

Wow, bible quotes and freemason conspiracy theories in the same post!? What a treat!

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7:05 pm, Apr 15, 2009

clarissa

deposit insurance? i guess you haven't heard the FDIC fund is effectively bankrupt. there's something to be said for having cash in hand instead of waiting for the FDIC to reimburse you.

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5:44 pm, Apr 15, 2009

Hawnzz

One is born every day...

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6:32 pm, Apr 15, 2009
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