On the recordApril 21, 2010
When I recently visited a restaurant in my rural district, a gentleman approached me to say that he was a Republican and had never voted for a Democrat, but he voted for President Obama. He stated his appreciation that the President was standing up to greed, that he was standing up to Wall Street and corporate America. He felt that corporate greed is among the greatest challenges facing our Nation, and he is absolutely correct. The first day President Obama took office, the country was at the brink of economic ruin triggered by financial deregulation and banks that pursued reckless investments to produce quick profits. Wall Street was acting more like casinos than banks, taking big gambles, and when they lost, forcing the taxpayers to pay. They got rich, everyone else got squeezed. Democrats have a solution. Wall Street doesn't like it, but we have a solution. We want transparency, we want accountability, and we will not stop until that happens.
