Political Quotes

“My friend is so right to ask that. Sometimes debates are difficult to follow. They are confusing and complicated. This is not complicated. We know the way the corporations were acting before, and we know what happened when we took this chance. We got arguments from people here that money won't come back and it will not be spent here. By the way, this is a tight bill. My friend from Michigan argues that we don't force the companies to spend the money. We don't force them to spend the money. I don't even think that is constitutional. But I have to tell you this: Even if the money sat in American banks, I say to my friend from Nevada, who is my pal on this one, wouldn't that be in and of itself a reason to do this? We are breaking the backs of taxpayers to take $770 billion, I think it is, through TARP to capitalize our banks. As my friend says, if they don't spend the money right away, they let it sit in these banks that need this capital and, hopefully, they will start lending, which we hope will happen so we can get back to an orderly market. It will make the banks healthier. My view is that this year there is more of a reason to do it than ever before--the terrible recession. We have a tight bill that will only allow this tax break to be utilized if the money is used to create jobs, where they bring the money home. That is it. Otherwise, they cannot get the break.”