Political Quotes

On the recordJune 9, 2010
I'll tell you what. I hope the American people paid attention to your explanation because it has been Democrats all along who have fought any reform of Freddie and Fannie. Freddie and Fannie are right in the middle of the cause of the financial downturn that we've seen today. Just today, we voted on trying to name a committee of conferees from the House and the Senate to talk about financial services, and we tried to bring Freddie and Fannie into the fold, but Democrats across the board have rejected from 2003, all the way up to today, to solve the problem. When you have a fire going, you want to try and find out the source of that fire and put out the source. I'm a medical doctor. When you have a medical problem going on, you try to find the source of that problem. If you have a cancer, you want to not just deal with the symptoms of the cancer or even of the metastasis--the spread--of the cancer, but you want to go with the primary tumor and get it out. So Freddie and Fannie are the source of the problem, and Democrats across the board have resisted from 2003, all the way to today, the efforts the Republicans have made to try to cut out this cancer of Freddie and Fannie.
Said by
Paul Broun
Republican · Georgia
Source
govinfo.gov
Jun 9, 2010

Editor's note · Context

The speaker addresses the role of Freddie and Fannie in the financial downturn and criticizes Democrats for resisting reform.

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