Political Quotes

On the recordJanuary 15, 2009
I voted today the same way I did in October because both the current President and the incoming President have said this is an essential insurance policy against financial catastrophe. This is not spending; this is lending money with interest that taxpayers should get back. I would not have voted this way if President-elect Obama had not assured us that he will use this money as it was intended: to keep credit flowing by strengthening financial institutions and housing markets, and not for new industry-by-industry bailouts.
Said by
Douglas Alexander
Labour Party

Editor's note · Context

Discussing his vote on financial measures during a congressional session.

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