Judd Gregg: We'll go bankrupt under Obama's budget

Man, when he said he’d be a bad fit for Team Barry, he wasn’t kidding. The whole clip’s worth watching but skip ahead to 4:40 if you only want the red meat. Tell us how you really feel, Judd. Left unmentioned in this discussion of mass bankruptcy: The new Obama proposal that might empower Treasury to “seize and wind down” struggling institutions. What could go wrong?

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Oddly enough, he spends a solid minute or so earlier in the segment defending Geithner after having basically called him a liar just last week. Residual guilt over having left The One in the lurch at Commerce, maybe?

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