Political Quotes

“I thank Chairman Baker for yielding me this time; and to call me a co-contributor, when one considers all the effort he has put into this, is a vast overstatement. I have never seen, during the time I have been here, which is a number of years now, a legislator work so hard on a particular issue; and I congratulate Chairman Baker for getting it this far. And I would like to thank the ranking member. The gentleman from Massachusetts (Mr. Frank) has been extremely helpful. I do not know where this is going to come out in the end because of the discussion and dispute over the affordable housing fund. But, basically, I think the underlying bill is a heck of a sound bill. I would like to credit both sides. We do not have a lot of legislation on this floor which is really done with the best interests of America at heart without any consideration for politics, Republican or Democrat; and I think this is one piece of legislation that does this. I doubt there are those, other than the gentleman from Massachusetts (Mr. Frank) and the gentleman from Louisiana (Mr. Baker), and maybe three or four other people in Congress, a few on the outside, who can really describe all that this means in terms of the GSEs. When you are dealing with Fannie Mae and Freddie Mac and the Home Loan banks, virtually any mortgage out there is in some way touching on them. They have vast investments. They have vast sums of dollars that they are handling on a regular basis.…”