Political Quotes

Kent Conrad: Taxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.

On the recordNovember 17, 2009
Taxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.
Said by
Kent Conrad
Democratic · North Dakota

Editor's note · Context

Conrad emphasizes the need to prevent taxpayer-funded bailouts in future financial crises.

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More from Kent Conrad

Sep 6, 2016

It lifts the bottom. It asks those of us at the top to take a little less of an increase than we might have expected.

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Sep 6, 2016

Well, you got a terrific one with her.

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Sep 6, 2016

I am eager to hear from our panelists to get a better sense of all the options they considered and how they reached consensus on the final report.

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Apr 4, 2017

I would just say our Retirement Security Plans and our Retirement Security Clearinghouses are responding to the underlying dynamic that Professor Mead has done such a good job in describing.

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