Political Quotes

Richard Shelby: I believe, however, that it does so at considerable cost to the taxpayer and mainly serves as a further bailout to the…

On the recordFebruary 25, 2009
I believe, however, that it does so at considerable cost to the taxpayer and mainly serves as a further bailout to the very banks that helped us get into our current condition.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby argues that the Homeownership Stability Initiative benefits banks more than homeowners.

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