Noting the financial troubles in his Baltimore district, Representative Cummings asked rhetorically whether his constituents would think Kashkari is a “chump” after learning of the AIG bonuses:
CUMMINGS: I’m just wondering how you feel about an AIG giving $503 million worth of bonuses on the one hand, and accepting $154 billion from hard-working taxpayers. You know, because I’m trying to make sure you get it. What really bothers me is all these other people who are lined up. They say, well, is Kashkari a chump?
“I wouldn’t want to be asking my friend for some money to stay afloat. … Then my friend, who can barely afford to go to McDonald’s sees me in a restaurant costing $150 a meal. There’s absolutely something wrong with that picture!” exclaimed Cummings.
Representative Kucinich questioned Kashkari as to why the Treasury has not focused more on helping homeowners facing foreclosure. When Kashkari replied that the Treasury Secretary is “passionate” about helping homeowners, Kucinich asked “He is? Where? What country?”
Watch it here: