Political Quotes

“Mr. President, I rise today in opposition to corporate welfare. At a time when our country is borrowing over $1 trillion a year, I think it makes no senses to loan money to countries we are borrowing from. For example, we borrowed $29 billion from Mexico, and yet we are sending them $8 billion of the money we borrowed from them to subsidize trade. A lot of the subsidized trade goes to very wealthy corporations. When 12 million people are out of work in the United States, does it make sense for the U.S. taxpayer to subsidize loans of major multinational corporations? The President is big on saying, well, these rich companies need to pay their fair share. Well, why then is the President sending loans out to these very wealthy corporations? And he is actually giving them their fair share of our taxpayer money. Why is that occurring? I have often asked the question, Is government inherently stupid? Well, you know, I don't think government is inherently stupid, but it is a debatable question. Government doesn't get the same signals your local bank gets. Your local bank has to look at your creditworthiness. Your local bank has to make a profit. Your local bank has to meet a payroll. But once the government gets in charge of these things, Katy- bar-the-door. We don't have a good track record with government banks because they do not feel deep inside the same pain that an individual banker feels when he gives a loan.…”