Political Quotes

Byron Dorgan: “For those who like the wild price swings in the oil futures market, the unseemly speculation in mortgage-backed…”

On the recordOctober 26, 2009
For those who like the wild price swings in the oil futures market, the unseemly speculation in mortgage-backed securities, or the exotic and risky financial products like credit default swaps that pushed our economy into the ditch, this cap-and-trade plan will be the answer to their prayers.
Said by
Byron Dorgan
Democratic · North Dakota

Editor's note · Context

Dorgan warns that cap-and-trade will attract risky financial speculation.

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