Political Quotes

“Mr. President, my colleague from the State of Washington just talked about Wall Street reform. It is such an important subject. It is the case that all of us who have lived through these last several years will understand when the history books record these years that we have lived and existed and struggled through a period that is the deepest recession since the Great Depression. Mr. President, 15 million to 17 million people wake in the morning, now as I speak, jobless, get dressed, and go out to look for a job. Most do not find it. It has been a tough time. Yet those who read the newspaper and understand the difficulty of those who are losing homes, losing jobs, losing hope, also read the business pages and see that one of the heads of the largest investment banks last year was paid $25 million in salary. One of the folks who was one of the largest income earners in this country earned $3 billion running a hedge fund. That is $3 billion, by the way. That is almost $10 million a day. So they see record profits from the biggest financial interests in this country--many of whom pursued policies that steered us right into the ditch. They wonder what is the deal here. The people at the top, the ones who caused most of the problem--the ones many of which would have gone broke had the Federal Government not come in with some funding to try to provide some stability--they are now at record profits, paying record bonuses.…”