Essentially, we will reduce the quality of life of our Nation and of our children and our children's children if we do not do something about the burden of the debt.
Judd Gregg
The Public Record
simply because a company is large is not a reason a group of politicians should step in and break it up.
I think all of you basically in your testimony have said we are past the massive systemic risk of a financial meltdown that would have caused a cataclysmic event.
I do think there is, at least from my viewpoint, a legitimate question as to whether it has done its purpose and should be wrapped up.
Well, I don't see how it is in the interest of the taxpayer to only get 8 percent of the company for $4 billion when another entity gets 55 percent for $6 billion.
What's tragic is that so much of this spending is on duplicative or unnecessary care that doesn't improve health outcomes.
I think the starting point has to be the continued threat to our Nation from international terrorists, specifically Islamic fundamentalists, obtaining weapons of mass destruction.
It's like taking a teaspoon of water out of a bathtub while you keep the spigot on at full speed and the bathtub continues to fill up, the spigot of spending, the spigot of government growth.
My reaction is, it's a genuine and sincere effort to try to free up the credit markets and especially to balance the -- and get balance into the real estate markets, which is at the core of the financial problems.
The budget as it is proposed essentially nationalizes all income over $250,000, nationalizes health care, nationalizes student loans.