Political Quotes

Andrea Joy Campbell: “Thank you, Mr. Chairman. On one other point, there are people who say that a financial collapse didn't happen, and, in…”

On the recordJanuary 14, 2009
Thank you, Mr. Chairman. On one other point, there are people who say that a financial collapse didn't happen, and, in fact, it didn't. You don't get credit for bad things that don't happen. I would argue that the financial collapse was imminent were it not for this bill and also for the extraordinary monetary actions of the Fed. But as we go forward with the additional $350 billion, I would think that we should be leveraging. My concern is not that it's too much, that it's too little, and leveraging private funds by----
Said by
Andrea Joy Campbell
Massachusetts
Source
govinfo.gov

Editor's note · Context

Discussing the financial crisis and the impact of a specific bill during a committee meeting.

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