On the recordFebruary 2, 2009
Well, we now know the truth. It grew like a great big souffle. It was air, over-leveraged air; and it collapsed.
Source
congress.govEarl Pomeroy: “Well, we now know the truth. It grew like a great big souffle. It was air, over-leveraged air; and it collapsed.”
Editor's note · Context
Pomeroy critiques the unsustainable growth of the economy due to risky financial practices.
Share
More from Earl Pomeroy
Dec 8, 2010
In October, the Social Security Commissioner announced there would be no cost-of-living adjustment--or COLA--for Social Security benefits in 2011. This is the result of economic conditions. It is not due to action or inaction on the part…
May 14, 2008
Mr. Speaker, the pride I want to express is, as being a member of the Agriculture Committee, which I also serve on, a day like today makes me especially proud of that membership because what is before us is a collaborative product, the…
May 27, 2010
I rise in support of amendment No. 23, which reauthorizes the Joint Family Support Assistance Program. This program has been providing critical support to the unsung heroes of the global war on terror, the families left behind of deploying…
Other voices in this conversation
