Political Quotes

On the recordMarch 16, 2011
I yield myself 30 more seconds. For many of these pieces of property, the cities are left with no recourse. There is no one to do it. One of the Members said the other day in committee, Well, they can send out their bulldozer. Yeah, they can pull a firefighter off and hire a bulldozer operator. The fact is that it is not simply for foreclosed property. It's for foreclosed and abandoned property, and the notion that there are no buildings out there in the cities where there is no responsible financial entity is nonsense. And so what we're telling the cities is, It's tough. You've had these foreclosure problems. You've had this abandonment problem. You could sell it to the private sector, and the private sector will buy some, but they won't buy it all. I now yield 3 minutes to the gentlewoman from California (Ms. Waters).
Said by
Barney Frank
Democratic · Massachusetts

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