Political Quotes

“Well, in reclaiming my time then, I have to pose the question: If you're in business, if you're an investment banker, for example, if you have a large credit operation going on and if you've watched the Barney Frank bill and the Chris Dodd bill and now your knees are knocking on what might be going on in a future conference committee that's going to produce a bill that likely spills out over here in the House for passage, that's sent over to the Senate and rammed through there and that's put on the President's desk, we know the President will sign the bill. {time} 2130 But what is your business model? Let's just say you are providing credit transactions, Mr. Speaker, to a large portion of America, whether it is credit cards or whether it is the toxic assets of mortgage-backed securities, the subprime loans that might be out there. Whatever that might be. Now, if you are sitting there with billions of dollars in those kind of assets and you are making your profit off of those margins of those assets going through, I am going to suggest that if you don't already have a lobbyist, you had better hire a bunch of them. Bring them into this Congress and start to convince people like chairman of the Financial Services Committee Barney Frank, a majority of the members on that committee and others, perhaps through the Ways and Means Committee, start to work your angle. Because your business model, Mr.…”