Political Quotes

“The Democratic Caucus feels very strongly that seniors in America count and, in so doing, created a Seniors Task Force cochaired ably by Congresswoman Schakowsky of Illinois and Congresswoman Matsui of California. And we thought it was fitting tonight, this being the month in which we honor seniors, to spend an hour talking about the seniors of America. There are 45 million seniors in this country, and they have the right to ask us what have we done for them lately. And tonight, we're going to ask that question, and we're going to answer it. First of all, I think we should focus in on Wall Street, and our message is ``When Wall Street gambles, she loses.'' So part of what we want to focus on tonight is the reforms on Wall Street that will protect seniors in America. The biggest winners, we suggest, in the Wall Street reform are people over the age of 50, who hold 70 percent of the Nation's wealth. Oftentimes, seniors don't realize how big their assets really are or how valuable they are, and they become ripe for scam artists to take them on a wild ride that oftentimes means that they lose the very assets that they have held so dear. Seniors often have caregivers they share their financial data and information with and, oftentimes, can be exploited by those very caregivers. So we have created a Senior Financial Bill of Rights, which I would like to share with you right now.…”