Political Quotes

On the recordApril 4, 2006
we live in quite interesting times. Where else could you invest about $1 billion and get $100 billion in return? A Republican Congress, but of course. As the New York Times recently pointed out, the people's House has turned into the House that Jack built. Here is what the Times says in an op-ed: These are the men That fleeced the tribes That paid the money That made the bribes That purchased the Congress That Jack built. Mr. Speaker, I encourage my colleagues to read the rest of this poem, written and published last Friday, because it nails right on the head this is the House that Jack built. Let's look at the $1.2 billion that Jack Abramoff bought. Let's look at the house he built. The energy industry, oil and gas interests, they spent about $87 million. What did they get? $14.5 billion in tax breaks, given and paid for by the United States taxpayers; given access to $65 billion in oil and gas from the Gulf of Mexico, costing the taxpayers $7 billion in royalties they should be paying back to the Treasury that they did not get; given $2 billion to the ultra-deepwater drilling fund. They were given that money, all for $87 million in contributions and expenses paid on lobbying. $14 billion in tax breaks, $7 billion in lost revenue for royalties in the Gulf of Mexico, $2 billion in tax subsidies there to the ultra-deepwater drilling fund. You can't get a return on your investment like that on Wall Street. Where can you get a return like that?…
Said by
Rep. Rahm Emanuel
Illinois

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