Remember when North Carolina Republican Richard Burr was hammered for having encouraged a bank run when this financial crisis began?
"On Friday night, I called my wife and I said, 'Brooke, I am not coming home this weekend. I will call you on Monday. Tonight, I want you to go to the ATM machine, and I want you to draw out everything it will let you take," Burr said, according to the Hendersonville Times-News. "And I want you to tomorrow, and I want you to go Sunday.' I was convinced on Friday night that if you put a plastic card in an ATM machine the last thing you were going to get was cash."
Well, the guy maintains that he didn't do anything wrong or out of the ordinary...and he has an interesting way of explaining this:
"Absolutely I'd do it
," Burr told WFAE, a public radio station in North Carolina. "The exact situation we were faced with was a freeze bank to bank. And as I stated, my attempt was to make sure my wife had enough cash at home to make it through the next week."
...
"It was not an attempt to run a bank," Burr said. "Nor was it a bank that was even considered then or now to be in trouble."
OK, gotcha, Senator. Only thing is...why are you flipping out worrying the bank won't have any cash, if the bank's just fine?
http://www.dailykos.com/story/2009/5/2/726947/-NC-Sen:-Burr-burned-on-bank-comments...again