Donate

Richard Burr Encouraged Wife To Perform Single-Family Bank Run

News

North Carolinians, did you know your only national senator besidesgodless Kay Hagan is some guy who wanted his wife to withdraw his family's entire savings from his local bank one ATM transaction at a time? If everyone had done this back in September, maybe we really could have had a good old-fashioned Depressiony bank run like in olden times.


Here is a little secret: Banks do not keep all of their deposits on hand, in cash, all the time. So if everybody collects their deposits on the same day, the banks will quickly run out of cash and then there is a BIG OL FREAKOUT. This is called a "bank run," and it is not usually encouraged by people like senators from states that are home to major banking institutions.

Also, true fact: Most ATMs only allow you to withdraw $300 or so a day, in cash, although maybe if you have a fancy account they'll let you take like a grand? (Ha ha, guess who does not have a fancy account for reference purposes!)

During a speech on the economy last night, Burr related his immediate reaction the week the crisis began. After hearing Treasury Secretary Hank Paulson relay a story about a major company having trouble transferring money between banks, Burr became worried about the solvency of his own bank.

“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.”

...So maybe this fancy senator only has as much in his account as your average plumber on payday. Who knows!

Other quibbles: It is not "ATM machine," it is just "ATM," unless you are truly referring to the increasingly rare "automatic teller machine machine."

The point is, Senator Richard Burr, man, what a dingus. Should have just sent his wife in to talk to a teller.

Burr told family to withdraw everything from bank [The Hill]

$
Donate with CC

If there is anything that right-wing men seem to love, it is paying lots and lots of money to other dudes who will tell them how to live and/or function.

Keep reading... Show less
$
Donate with CC
Screenshot- Laura Ingraham Show

According to Rachel Campos Duffy, former reality TV personality and current Fox News personality, migrant baby jails are better than the "Projects". And she totally knows this for fact because she has a "black friend" who told her so. This totally mysterious black friend enlightened her on the horrors faced by black people in black places, which makes it perfectly okay for Trumpco to lock away those "privileged" brown babies. Also, stop being mean to her for spewing that hot garbage on the Laura Ingraham (who believes baby jails are like "Summer Camp") show, because it's not fair that you refuse to believe she has a black friend.

Keep reading... Show less
$
Donate with CC
Donate

SINGLE & MONTHLY DONATIONS

SUPPORT THE CAUSE - PAYPAL DONATION

PAYPAL RECURRING DONATIONS

©2018 by Commie Girl Industries, Inc