It’s hard to believe that Republican Senator Judd Gregg came this close to accepting a position in the Obama administration, because he’s turned into one of its most vocal critics.
In this clip Gregg reads the riot act to nerdish White House Budget Director Peter Orszag.
Gregg: This is the law. Let me tell you what the law says. Let me read it to you again, because you don’t appear to understand the law. The law is very clear. “The moneys recouped from the TARP shall be paid into the general fund of the Treasury for the reduction of the public debt. It’s not for a piggy bank because you’re concerned about lending to small business and you want to get a political event when you go out and make a speech in Nashua, New Hampshire.”
Wow. Who lit a fire under Gregg? Whoever it was, we wish he’d do it with a few more guys on the right side of the aisle.
Source: Real Clear Politics
