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03/14/2019 / By JD Heyes
For someone with an economics degree, Rep. Alexandria Ocasio-Cortez (D-N.Y.) makes a great bartender.
For someone who is now a member of Congress and a leader with responsibilities, she makes a great partisan Democrat.
The self-described Democratic Socialist grilled Wells Fargo CEO Timothy Sloan on Tuesday, suggesting that he and his company were somehow responsible for caging migrant children because the financial institution at one point financed private prison companies CoreCivic and Geo Group.
“Mr. Sloan, why was the bank involved in the caging of children and financing the caging of children, to begin with?” the freshman House Democrat asked.
Socialist Alexandria Ocasio-Cortez (D-NY) asks Wells Fargo CEO Timothy Sloan: "Why was the bank involved in the caging of children and financing the caging of children to begin with?"
Sloan: "I don't know how to answer that question because we weren't." pic.twitter.com/0ecaOAvvu8
— Ryan Saavedra (@RealSaavedra) March 12, 2019
“Uh, I don’t know how to answer that question because we weren’t,” said Sloan.
“Uh, so in finance — you, you were financing and involved in financing of debt of CoreCivic and Geo Group, correct?” Ocasio-Cortez shot back.
Sloan replied, “For a period of time, we were involved in financing one of the firms — we’re not anymore and the other. I’m not familiar with the specific assertion that you’re making, but we weren’t directly involved in that.”
“Okay, so these companies run private detention facilities run by [Immigration and Customs Enforcement], which is involved in caging children, but I’ll move on,” Ocasio-Cortez said mockingly.
Because her logic and reasoning are flawed regarding her subject matter, her line of questioning was also flawed. Let’s remember that during the period of time she was referencing, Barack Obama was president and it was his Immigration and Customs Enforcement agency — under his administration’s policies — that was “caging children.” CNN ran a nice story about it in 2014, complete with pictures. Since then, of course, “AOC” and her Left-wing media friends have misattributed that photo, and the “caged children” narrative, to POTUS Donald Trump.
It should be noted that Wells Fargo was featured prominently in a November 2016 report along with nine other lending institutions for providing financing for CoreCivic and GEO Group — to the tune of $444 million and $450 million respectively, during the Obama administration.
Since then, Wells Fargo and the other banks made the decision to reevaluate lending to private prisons after President Trump fell under the false narrative that hordes of illegal immigrant children being herded to the U.S.-Mexico border is somehow his fault.
At this point, Ocasio-Cortez changed directions. She asked Sloan if he believed that his bank ought to be involved in paying for cleaning up environmental damage should it be caused by a Wells Fargo-financed project like the Dakota Pipeline. (Related: Former Miss USA contestant yanks Ocasio-Cortez’s leash: ‘You’re not the boss of the American people.’)
“So hypothetically, if there was a leak from the Dakota Access Pipeline, why shouldn’t Wells Fargo pay for the clean up of it, since it paid for the construction of the pipeline itself?” she asked, conflating a construction mistake to the receipt of loan money to build the project in the first place.
Looking somewhat puzzled, Sloan replied, “Again, the reason we were one of the 17 or 19 banks that financed that is because our team reviewed the environmental impact and we concluded that it was a risk that we were willing to take.”
The questioning drew derision and much snickering from the Internet — Twitter, in particular, where users alternately lamented paying Ocasio-Cortez $175k a year to “learn on the job” while wondering if mortgage holders should also be responsible for a homeowner’s kitchen fire or whether banks should be held responsible for a beer distributor selling products to a drunk driver.
It should be quite obvious to anyone paying attention by now that Ocasio-Cortez did not run for Congress because she wanted to be a leader, she ran because she wanted to be a cog in the Left-wing Marxist wheel that destroys America as founded.
If ignorance is bliss, then she must be ecstatic.
Tagged Under: Alexandria Ocasio-Cortez, caging children, environmental damage, ICE, immigration enforcement, infrastructure, left cult, Liberal Mob, loans, lunatics, misattributed, Obama Administration, President Trump, stupid, Timothy Sloan, Wells Fargo
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