On the recordAugust 4, 2009
Well, I do not want to be right, because we are in a hell of a mess.
Said by
Jim Bunning
Source
congress.govWell, I do not want to be right, because we are in a hell of a mess.
Bunning expresses regret about being correct regarding the financial crisis.
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in 2006, we had a huge housing crisis in this country. And even before that, the mortgage crisis showed its face in 2001 and 2002.
Is that not just kind of a transferring of what we cannot pay for and what our excesses are presently to my children and grandchildren? Is that not kind of a wealth transfer or a debt transfer?
The unemployment rate as of January 2009 was 7.7 percent. In August of this year, the unemployment rate was 9.6 percent.
But the SEC for 13 years has sat on their hands. So if you do not get the Justice Department involved in this, shame on you as the Inspector General.