Political Quotes

“not long ago, the Secretary of the Treasury came into our conference, and he was visibly shaken. He said, if we didn't pony up $700 billion in a short period of time, the entire economy of the United States was going to dissolve, and we would have a major depression. There was no plan. It was just ``give us $700 billion.'' Instead of talking about long-term solutions, such as tax cuts, for the people across the board or instead of stopping capital gains and doing away with capital gains taxes for a couple of years to stimulate investment, they said, Throw $700 billion at us, and we'll solve the problem. Well, here we are a short time later. $350 billion has been spent, and nobody knows where. I mean, we come down to this floor. We start talking about the things that have been accomplished. We still have people losing their homes. The financial system in this country is in really bad shape, and companies are going bankrupt. $350 billion has been spent, and nobody knows where. I know part of it went to buy a bank in China. I'm sure the American taxpayers really appreciate that. Now they're saying we've got to give another $350 billion very quickly or, once again, the sky is going to fall. Well, the sky has been falling, and it seems to me that we ought to have a plan that deals with the long-term financial problems facing this country. The long-term financial problems facing this country involve investment, jobs, and economic growth.”