Political Quotes

Richard Shelby: “I hope we can, because if you are socializing the risk, putting it on the taxpayer, and privatizing the profits to the…”

On the recordMarch 14, 2011
I hope we can, because if you are socializing the risk, putting it on the taxpayer, and privatizing the profits to the shareholders, we have got a bad situation.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby emphasizes the negative implications of risk-sharing between taxpayers and private shareholders.

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