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GOP Financial Services Chairman: Occupy Wall Street Is ‘Misdirected,’ Should Protest ‘Job Killing Regulations’ In DC

Several Republicans have reacted to the ongoing Occupy Wall Street protests with derision, with Mitt Romney calling them “dangerous,” Herman Cain describing them as “un-American,” and Rep. Paul Broun (R-GA) saying the protests are an “attack upon freedom.” Today, House Financial Services Chairman Spencer Bachus (R-AL) — who believes that Washington’s role is to “serve the banks” — said during a hearing that he believes the protests are “misdirected,” and that the protesters should instead come to Washington, DC to protest “job-killing regulations.” Watch it:

Of course, the protesters are voicing their opposition to the power of the biggest banks — which caused the Great Recession — alongside rising income inequality. The GOP’s tale of “job-killing regulations,” meanwhile, is, for all intents and purposes, a myth.

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