We have skirted nationalization of the banks under you and the amount of money that we have been putting in banks all over the country.
Jim Bunning
The Public Record
The first thing that France did when they went socialistic was nationalize the banks.
If my figures are accurate... our spending is right about 20 percent of GDP right now.
If that is the case, then why is your administration proposing that we dedicate less than 20 percent of the auctioned revenues from this assumed cap-and-trade program to emerging technologies in clean coal and renewables?
Coal is going to be part of America's future in this century. There is no doubt about it.
If we are going to have a global cap and trade, and we are going to exclude China and India from the global cap, we could clean up to zero in the United States, and we still would not get to the point where you and I both want to get to.
I hope that your boss and your administration remembers that in the policies that they push in the Department of Energy.
You were part of the problem. You were the head of the Federal Bank of New York.
At what point do bailed-out liabilities like Freddie and Fannie need to be brought--when do they need to be brought onto the Federal books of the Government?





