Bailout quotes:

+1
Share
Pin
Like
Send
Share
  • The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation's housing bust, Fannie Mae and Freddie Mac, the lifeline from Washington just keeps getting longer. -- Charles Duhigg
  • Both Mitt Romney and Newt Gingrich supported the Wall Street bailout. -- Michele Bachmann
  • I opposed the Medicare prescription drug entitlement. I opposed the Wall Street bailout. I opposed the stimulus bill. -- Mike Pence
  • California is going to take themselves off the cliff culturally and economically, fiscally. They are going to be at the trough in Washington wanting a bailout. -- Jim DeMint
  • I won't dispute that bankers' privileged treatment in the 2008 crash merits populist scorn. But unfortunately, without a bank bailout, there probably would have been a worldwide depression. -- Timothy Noah
  • Any bailout of a private company is a bad decision by our federal government. Private companies have the right to succeed, but they also should have the right to fail. -- Matt Salmon
  • The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing. -- Andrew Ross Sorkin
  • If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout. -- Robert Kiyosaki
  • A contingent bailout policy - implicit or explicit - must be coupled with some regulation of what banks can and cannot do. For example, a ban on lending to uncreditworthy customers might well make sense. -- Eric Maskin
  • If your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union. -- Michael Moore
  • The bailout of Fannie Mae is completely off the books. It's going to cost us hundreds of billions of dollars. Yet nobody is placing this in any type of column in accounting for federal debt. -- Leonard Lance
  • Four hundred obscenely wealthy individuals, 400 little Mubaraks - most of whom benefited in some way from the multi-trillion-dollar taxpayer bailout of 2008 - now have more cash, stock and property than the assets of 155 million Americans combined. -- Michael Moore
  • In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities. -- Lou Jiwei
  • Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout - a government handout to some of the richest people on Earth, paid for by American taxpayers. -- Robert Kiyosaki
  • The Tea Party grew out of indignation over the Wall Street bailout - an indignation shared by the vast majority of Americans. But the Tea Party ended up directing its ire at government rather than at big business and Wall Street. -- Robert Reich
  • I watch too much cable, I admit. Day after day it gets frustrating. Yesterday I watched as someone called legislation to prevent teacher layoffs a bailout - but I know that's not a view held by many, nor were the views I was frustrated about. -- Robert Gibbs
  • Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore. -- Bob Beauprez
  • I opposed No Child Left Behind, I opposed the Medicare prescription drug bill, I opposed the Wall Street bailout. What the American people are starting to see is that Republican, Republicans on Capitol Hill get it and the Democrats, from the White House to Capitol Hill, just don't get it. -- Mike Pence
  • After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country. -- Michele Bachmann
  • My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up. -- Peter Schiff
  • In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS. -- Tyler Cowen
  • Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent? -- Karl Rove
  • State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale. -- Eugene Fama
  • Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again. -- Eliot Spitzer
  • We never intend to lose our jobs, break up with our live-in loves, or face any number of the curveballs life throws our way. But they happen all the same, so have a bailout plan just in case. Sounds corny, but I call this the 'freedom fund' because it gives you the freedom to get out of a jam without climbing into debt. -- Alexa Von Tobel
  • The government cannot become a bailout organization for companies on the verge of bankruptcy. -- Martin Winterkorn
  • We're calling for that bailout for young people in order to jumpstart the economy of our future. -- Jill Stein
  • Governor Romney supported the bailout of Wall Street and decided not to support the bailout of Detroit. -- Rick Santorum
  • We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt. -- Jill Stein
  • Your story is for - voting for every disastrous trade agreement, and voting for corporate America. Did I vote against the Wall Street bailout? -- Bernie Sanders
  • I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street. -- Warren Buffett
  • Our bailout of Detroit will be remembered as the equivalent of pouring billions of taxpayers' money into the mail-order catalogue business on the eve of the birth of eBay. -- Thomas Friedman
  • I didn't know you were Catholic. (to Treasury Secretary Henry Paulson as he got down on one knee to beg Pelosi to find Democratic support for the bailout bill)-2008 -- Nancy Pelosi
  • I dont know of one group of people thats more disliked than politicians -- it may be the folks who gave us the Wall Street bailout. And thats where Mitt Romney comes from. -- Rick Santorum
  • If the election had turned out differently, I could be the one overseeing the signing of bailout checks and Vice President Biden could be on the road selling his book 'Going Rogaine.' -- Sarah Palin
+1
Share
Pin
Like
Send
Share