Political Quotes

“How in the world the minority leader can come up with that argument does not make any sense at all. He quoted, of course, from the infamous Frank Luntz memo. The memo, of course, by Frank Luntz was written before the bill was written. Frank Luntz's political memo said the following: The single best way to kill any legislation is to link it to the Big Bank Bailout. So he provided political recommendations and strategies even before this bill was written. The memo, of course, confirms that because of the date of it. So no matter what he wrote, that was going to be their political argument here. So the minority leader blindly followed the political memo here: Make that argument. Whether it is true is irrelevant, just say it often enough. And the old adage goes: If you repeat it often enough, people will begin to believe it, despite what the facts are. So again, that is the language of others. But let me, if I can--because sometimes talking about it is not enough--let me quote from sections of the bill. Section 204 of the bill says: (1) Creditors and shareholders will bear the losses in the financial company; (2) Management responsible for the condition of the financial company will not be retained. Let me translate: You get fired.”