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Thursday, January 17, 2008

Clueless Democrat Confuses Fed Chairman With Treasury Secretary

By Rob on January 17, 2008 at 04:57 pm
7 Comments

Strangely, though, it doesn’t have much of an impact on her talking points.

An account of the humorous incident from Reuters:

U.S. Congresswoman Marcy Kaptur came to a House committee hearing on Thursday prepared to ask U.S. Treasury Secretary Henry Paulson tough questions about his involvement in the subprime mortgage crisis.

Unfortunately, she was questioning the chairman of the Federal Reserve.

The Ohio Democrat, at a House of Representatives Budget Committee hearing, said she wanted to know what Wall Street firms were responsible for the securitization of subprime mortgages. She then asked: “Seeing as how you were the former CEO of Goldman Sachs …” But the only person testifying at the hearing interrupted.

“No, no, no, you’re confusing me with the Treasury Secretary,” said Federal Reserve Chairman Ben Bernanke.

“I’ve got the wrong firm? Paulson, Oh, OK. Where were you sir?” Kaptur said. Bernanke noted that he was head of the Princeton University economics department.

“Oh, Princeton, oh, all right, sorry. I got you confused with the other one … I’m glad you clarified that for the record,” she said.

Pretty sad when someone testifying in front of a House committee has to introduce himself to a member of that committee who is supposedly ready to question him.

Comments

Spartacus

nobody expects the Spanish inquisition!

"we should select our leaders on principle first, electability second.”

A young man whose wisdom far exceeds his years

Spartacus on January 17, 2008 at 05:40 pm
WOOF

Understandable mistake.
There have been times when the Fed Chairman has thought he was the Secretary of the Treasury.

WOOF on January 17, 2008 at 06:14 pm
Spartacus

Understandable mistake

especially by those who are understandably mistaken!

"we should select our leaders on principle first, electability second.”

A young man whose wisdom far exceeds his years

Spartacus on January 17, 2008 at 06:36 pm
Spartacus

woof, once I hit submit, I realized that could be misunderstood, I was referring to the congress critterette

"we should select our leaders on principle first, electability second.”

A young man whose wisdom far exceeds his years

Spartacus on January 17, 2008 at 06:40 pm
WOOF

The Congress Critters aren’t far from the Python group.

Fortunately they are not yet authorized to torture witnesses.

Federal Reserve Chairman Ben Bernanke must be feeling some pressure as the Dow dropped 307 points today.

WOOF on January 17, 2008 at 07:13 pm
Bat One

Pretty sad when someone testifying in front of a House committee has to introduce himself to a member of that committee who is supposedly ready to question him.

That committee member, Ms. Kaptur, is another economics-illiterate Democrat.  What else would you expect?

“Poverty of goods is easily cured; poverty of the mind is irreparable.”

Bat One on January 17, 2008 at 07:25 pm
Avatar for Tuna

c’mon guys give her a break--she said she was glad he was able to straighten out his identity--for the record and all.

Tuna on January 18, 2008 at 06:17 am
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