Political Quotes

“The proposal they made was to go after what they called toxic assets, and so they created a program called the Toxic Assets Relief Program-- TARP. They asked for some $80 billion--an enormous sum of money--in order to go to financial institutions that were teetering on the brink of collapse and save them, in the hopes that in doing so, they could stabilize our economy. Even though I took a few economics courses in college and have followed the course of American business, at least as a casual observer, it was hard to argue against their request because my fear was that failure to do anything would, in fact, bring this economy down, costing us dramatic numbers of jobs and failures in the business community. So I voted for TARP. It seemed like one of the few things we could do that might have some chance of stabilizing the economy.”