Twenty-five Quotes about the Financial Bailout

Financial Bailout Quotes

Twenty-five quotes about the proposed financial bailout by those involved: politicians, watchdogs, candidates and the media, including John McCain, Barney Frank, Chris Dodd, President Bush, Ron Paul and others.

“This meeting ended bad – real bad.”
Fox News source
On the financial bailout meeting at the White House September 25, 2008

“There are disagreements over aspects of the rescue plan,” he said, “but there is no disagreement that something substantial must be done. We are going to get a package passed.”
–President George W. Bush
‘We are going to get a package passed’: Bush, September 26 2008

“I don’t think a president has been repudiated so strongly by the congressional wing of his own party in a very long time now. Maybe this isn’t the last word, but that’s where we are now.”
–Rep. Barney Frank
‘We are going to get a package passed’: Bush September 26 2008

“I do not regard Fannie Mae and Freddie Mac as problems. I regard them as great assets.”
–Barney Frank
In response to efforts to reform Freddie Mac and Fannie Mae 2002

ALSO at DBKP: DBKP Library of Quotes
OVER 30 collections of Quotes by Sarah Palin, W.F. Buckley, John Edwards Scandal, Don King, Liberals, and more.

“All of us around the table take this issue very seriously and we know we’ve got to get something done as quickly as possible.”
–President Bush
Deal for Financial Bailout Disintegrates as Obama, McCain Look On

“We must protect taxpayers and limit the Treasury’s powers. We must prevent those who contributed the most to this crisis from further profiting. We must establish strong oversight with a permanent in-house watchdog and a robust external congressional monitor.”
–Rep. Paul Kanjorski (D-PA)
Kanjorski asks bailout that protects taxpayers, September 25, 2008

“The top five [Sen. Christopher Dodd, Sen. John Kerry, Sen. Barack Obama, Sen. Hillary Clinton, Rep. Paul Kanjorski] received nearly one-half million dollars from the FMx2 [Freddie Mac and Fannie Mae].”
–“Contributions: Obama, Dodd and the Freddie Fannie Five
DBKP, September 26, 2008

“CBS News found 21 former staffers from the Senate Banking, Housing and Urban Affairs and House Financial Services Committees are now lobbyists for financial firms. Their job? To lobby those in Congress who will shape the financial bailout. The former staffers now represent hedge funds, private equity firms, investment banks and the failed mortgage giants Fannie Mae and Freddie Mac.”
Who’s Lobbying Congress On The Bailout?
CBS News, September 26 2008

“There should be a three year cooling off period so former staffers do not have these intimate relationships that they exploit for large paychecks.”
–Joan Claybrook, president of Public Citizen
On former Senate staffers lobbying for Freddie Mac and Fannie Mae,
Public Citizen has actively pushed for more lobbying transparency and accountability

“He [John McCain] hasn’t been involved. He doesn’t know anything about it. This is a stunt. I hope people will be able to ignore it.”
–Rep. Barney Frank
US Rep Frank: House, Senate Dems agree on bailout

“I think Wall Street will get over it.”
–Barney Frank
On the possible collapse of Freddie Mac and Fannie Mae April 2004

Fifteen more quotes – continue reading: Financial Bailout Quotes: Twenty-Five Quotes to Watch a Financial Meltdown By

by Mondo Frazier
Source: Financial Bailout Quotes: Twenty-Five Quotes to Watch a Financial Meltdown By

Mondoreb blogs at Death By 1000 Papercuts. Interested readers can e-mail him at
mondoreb@gmail.com. All DBKP stories are filed under Mondoreb at BNN.

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