Political Quotes

John Rice Carter: The stock market, this very minute, is dropping like a rock over the financial collapse of Greece and the pending…

On the recordMay 25, 2010
The stock market, this very minute, is dropping like a rock over the financial collapse of Greece and the pending failure of other Euro nations. They are bankrupt from unsustainable government spending under the same programs the Democrats in this body are now forcing on America. With an overwhelming majority in the House and Senate and a Democrat in the White House, they can't even pass a budget. Heck, they're not even proposing one. Mr. Speaker, the House majority has proven it can't govern; and if we don't make a change, America will join Greece in national bankruptcy.
Said by
John Rice Carter
Republican · Georgia
Source
govinfo.gov
May 25, 2010

Editor's note · Context

The speaker addresses the financial crisis linked to government spending and the inability to pass a budget.

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