Political Quotes

“The financial meltdown nearly bankrupted the world. Not just America, but the entire world's economy came very, very close to a total meltdown. What it meant to mom and pop back home, what it meant to their 401(k)s that instantly became 201(k)s was this: $15 trillion of wealth destroyed in the last 18 months of the Bush administration. Say whatever they want on that side but the fact is that's what happened. What's happened since then is we put into effect the American Recovery and Reinvestment Act, and we're beginning to see the stock market come back, we're beginning to see the wealth return. The fundamental problem still remains in the housing industry, and that we have to address. Once again, all of the legislation dealing with the mortgage markets, all of the effort to try to rebuild the housing industry has been done by the Democratic side. We have had no help from the Republicans. Just say 'no' is their mantra. The result is that we push forward with great difficulty.”