Political Quotes

Richard Shelby: “We are contemplating Government guarantee programs which, in my opinion, will inevitably have the Government providing…”

On the recordSeptember 12, 2011
We are contemplating Government guarantee programs which, in my opinion, will inevitably have the Government providing insurance with low downpayment mortgages
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes government guarantees in mortgage markets for encouraging risky behavior.

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