NC-Sen: "Bank Run" Burr Learned Nothing from Fiasco

{First, a cheap plug for my blog Senate Guru.}

Freshman Republican backbencher Richard "Bank Run" Burr really doesn't get it. Typically a guy who receives little to no press coverage for anything, he received a mountain of terrible press coverage when it spread that he told his wife to rush the ATMs when the fiscal crisis was brewing - behavior that would have crippled the economy had too many Americans done what "Bank Run" Burr did. And what did "Bank Run" Burr learn from the experience?

Burr's comments spread across the blogosphere and were slammed as irresponsible. Some suggested he was encouraging a bank run. Now, Burr says he has no regrets and would do the same thing again.

"Absolutely I'd do it [again]," 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."

But Burr added that the bank in question was never in trouble, which raises questions about why he feared it would run out of cash.

"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."

So not only is "Bank Run" Burr too dense to get why people might have been disquieted by his reckless and unsteady behavior, but he also doesn't even realize his own lack of logic - if the bank wasn't in trouble, why did he need to rush the ATMs?! Keep on digging, "Bank Run" Burr.

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