I said the government wants to take over autos, they want to take over insurance, they want to take over student loans, they want to take over flood insurance, they want to take over whatever it is, a sixth of the economy with socializing medicine, but it's not enough for them to own all that. What they also want is they want to own the land. So they're going to tax businesses with some sort of a pretext this is a little tax because of the gulf oil spill, and they're just going to use it as a slush fund to buy up more land. It goes back to Rahm Emanuel, he is chief of staff for the President, his incredible statement that let no crisis go without taking full advantage of it. So we've got a crisis that is largely perpetrated by the Federal Government in the gulf. Certainly BP was culpable for doing some things wrong. But their poor decision-making seems to be eclipsed by the total failure of the Federal Government to deal with something that's fairly fundamental. It's called a hole in the bottom of the ocean.
W. Todd Akin: “I said the government wants to take over autos, they want to take over insurance, they want to take over student loans…”
Editor's note · Context
The speaker criticizes government overreach and response to the Gulf oil spill crisis.
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