Political Quotes

“I salute my colleague, the leader on the Democratic side, Senator Reid, for addressing the shortcomings of the President's message yesterday. People across America get this. They understand that every morning when they go to fill up their tanks, it is costing them more money than they ever imagined. Senator Reid, from Nevada, has referenced a situation in his State where people are going to pawnshops and taking valuable things they own, trying to come up with enough cash to keep going. We find in Illinois that we have what are called ``payday loans.'' I don't know if you have it across the country. It is not an industry I admire. It charges some of the highest interest rates to people who have low credit ratings. We find people going into these payday loan shops, borrowing against their next paycheck to buy gasoline for their cars to go to work. This is obviously a desperate move by people who have nowhere to turn. We hear from the President that he is going to call on the Federal Trade Commission to get tough. As Senator Reid said, we already included that in the last Energy bill in a Democratic amendment offered by Senator Stabenow of Michigan. It is in the bill. This is nothing new. To hold back 1 day's investment of oil into the Strategic Petroleum Reserve is not going to have a measurable impact on anything.…”