I think it says something about our system, our political system and how, you know, how there are powerful interests that oftentimes, I believe, don't really understand their own interests in the long term.
Bill Delahunt
The Public Record
American politician (1941–2024)
★ Featured Quote
December 10, 2009
If they want the market to function in a way where there is no government support, intervention, regulation, they will discover it if there is another September of 2008; it will be a debacle.
— Bill Delahunt
That is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.
There are no more bailouts coming from this Congress. That ain't gonna happen.
God forbid they have a total collapse on the real estate market, we are going to be back to where we were in September of 2008.
If we continue to drag this out... we are going to find ourselves in a real serious, severe crisis.
It isn't about government overregulating. It is government abdicating its responsibility to supervise.
We didn't get here because of government. We got here because government didn't do its job.
I find repugnant and offensive, and again adds to why we need to do--to close Guantanamo and to move forward.
I believe ardently that it is the responsibility of these Committees to do the oversight that is necessary to repair the damage that was done in the preceding Administration to America's image.
I wanted to note that in hearings before the Committee which I Chaired there were a number of military prosecutors that testified that described that entire process as a sham, a joke and a fraud being perpetrated.
We owe it to the American people, to our justice system, to attempt to do that.
I applaud what you are trying to accomplish. I might have some disagreements in terms of degree, but I know what you are trying to do.
I think it cannot be stated often enough that it certainly has proven to be simply on a financial basis a good investment.
When you are looking for whipping boys, you know, the CRA is just a prime target.
I think we have a lot more to learn, and I agree with the Ranking Member. I would like to learn about how government created this mess.
The military commissions will always be a second-rate court system set up for illegitimate purposes.
These cases belong in article III courts. We have nothing to fear from our own courts.
Do we really believe in due process, do we believe in the search for the truth, or do we want to take political advantage of heinous acts?
You can go out and seek an indictment and demonstrate to the American people that we are serious about deterrence.
What I am suggesting to you is there is another method that is far superior than vesting the authority in the executive without any check of balance.





