Political Quotes

“Mr. President, I had not planned on talking about the bill we have before us, S. 2155, but the other day I was listening to another Member speak, and this Member was talking about how this bill could threaten and possibly increase the predatory practices of people who had mobile home loans. As a person who had a mobile home loan and somebody who lived in a mobile home park, I thought I would try to speak maybe about the practical easing--what we are trying to accomplish with this bill. The truth is, I would go further on regulatory tailoring than we have. We didn't because we wanted bipartisan agreement on this bill, which we have. As a matter of fact, I thank the members on the Banking Committee who joined with me and other members to make sure we kept the bill tailored enough so we had bipartisan support. On mobile homes--we get out here in the Senate, and we talk about facts and figures. I can talk about the fact that half of my community banks have ceased to exist in North Carolina since the crisis. I can talk about a number of people I speak with who can't get loans, but what I thought I would talk about is my own personal experience as a 16-year-old, 17-year-old kid living in a trailer park working with my father. He would do maintenance work. If a house caught on fire or there was some sort of insurance damage, he would work with the insurance companies to actually do repair work, and I was his handyman when we would do these projects.…”