John Boehner gave comfort to an “enthusiastic” gathering of bankers yesterday, telling them that even if the Senate passes financial reform legislation it will languish in the House for many moons. “It’s just as likely that we’ll be talking about the same issue a year from now as we are right now,” the house minority leader said. Regardless, the bill is a threat, and the fat cats need to “stand up for yourselves.”
“Don’t let those little punk staffers take advantage of you,” Boehner continued in his rousing speech to the American Bankers Association. He did display an understanding of the hardships facing Americans, Think Progress reports. “All of us are hearing from our friends and constituents on lack of credit, you can’t get a loan,” he allowed. But reform is not the answer. “The more regulations you have to comply with the more cost you have there and less amount you are going to have available to loan to customers,” he reasoned, to cheers, we assume.