Political Quotes

“I would like to paint a little bit of a different picture here. Let us assume instead of Members of Congress, these 435 seats were filled with stockholders of various companies in this country, and I said, look, we have $126 billion worth of expenses to the various corporations, but you will never see it because we will do it without any kind of an entry whatsoever. That is what this is really all about. That is what we are dealing with. We are really not expensing stock options at all. It is, in my judgment, ludicrous to suggest that the bill which is before us actually expenses stock options without any kind of a volatility standard in them. So we are just letting that go on as we did for some time. But what is happening around the United States of America as we speak here today? What is happening is that a lot of people who are a heck of a lot more knowledgeable about corporations, equity and running of corporations than we are, are saying, hey, this is wrong; we need to expense stock options. A significant number of people who have looked at this very carefully have come to the conclusion that we absolutely must do something about it.”