Mitch McConnnell is a pathological liar

Run time: 01:07 https://www.youtube.com/watch?v=qxypz78Q3wk   Posted on YouTube: April 14, 2010 By YouTube Member: DemRapidResponse Views on YouTube: 304   Posted on DU: April 15, 2010 By DU Member: Joanne98 Views on DU: 580

 
Senate Minority Leader Mitch McConnell (R-KY) has been blasting the Senate’s financial regulatory reform bill in recent days, falsely arguing that it “institutionalizes” bailouts for Wall Street. As Think Progress reported, McConnell’s reason for opposing financial reform seems disingenuous in the face of reports that he attended a private fundraiser with hedge fund managers and other Wall Street elites last week.

Yesterday, reporters pressed McConnell for details about his meetings on Wall Street. McConnell repeatedly refused to discuss the matter and claimed that he based his opposition to financial reform not on fundraising from Wall Street but rather on concerns from community banks in Kentucky:

QUESTION: How do you push back against this perception that you’re doing the bidding of the large banks? There was a report that you guys met with hedge fund managers in New York. A lot of people are viewing this particular line of argument, this bailout argument as spin –

MCCONNELL: You could talk to the community bankers in Kentucky.

BASH: I’m not asking you about the community bankers.

MCCONNELL: Well, I’m telling you about the community bankers in Kentucky.

QUESTION: Have you talked with other people other than community bankers?

MCCONNELL: Well, sure. We talk to people all the time. I’m not denying that. What’s wrong with that? That’s how we learn how people feel about legislation. But the community bankers in Kentucky, the little guys, the mainstreet guys, are overwhelmingly opposed to this bill.

QUESTION: What do you say to folks this is just meant to deflect attention from the fact your defending the large banks?

MCCONNELL: I’d say that’s innaccurate.

Watch it

http://thinkprogress.org/2010/04/14/mcconnell-confirms-hedge-fund/