Political Quotes

“Mr. President, the ordinary middle-class family is struggling to get a home loan. Tens of thousands of homeowners have lost their homes or are struggling to make payments on their home loans. Meanwhile, Congress steadily dishes out billions of dollars in taxpayer-subsidized loans to large profitable companies. Eighty percent of these export-import loans are given to companies that are in the Fortune 500. So we are giving taxpayer loans to very profitable companies. I am a great believer in capitalism, in the jobs corporations create. I defend profit and the benefits that accrue from leaving that profit largely in the private sector. I am not one who clamors for punitive taxes. I am not someone who thinks we need to punish corporations. But at the same time, I do not want my colleagues to construe that to mean I believe we should be subsidizing profitable corporations. I don't think taxpayer-subsidized loans should go to profitable companies. President Obama has been passing out loans to his campaign donors. He has been using a campaign trough that he has set up over at the Department of Energy. Very wealthy multimillionaires and billionaires are getting loans through the Department of Energy, including Solyndra and BrightSource. People heavily involved in the President's campaign have been getting subsidized loans. Republicans have been rightly criticizing the President for these Department of Energy loans to Solyndra, BrightSource, and others.…”