Political Quotes

On the recordSeptember 14, 2006
One of the things that I notice in your report is that this industry particularly advertises and preys upon our military personnel.
Said by
Mel Martinez
Republican · Florida

Editor's note · Context

Senator Martinez discusses predatory lending targeting military personnel.

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HUD has achieved measurable success since 2001 in carrying out its mission and meeting the many challenges confronting a Cabinet-level Department.

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Sep 14, 2006

You would disagree with me? That is a fair rate of lending and that that is not going to drive someone to financial ruin if they are paying that kind of an interest rate, particularly when they are working in a fairly modest salary scale…

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Sep 14, 2006

But you wouldn't disagree that a 390 percent loan is unconscionable?

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