Political Quotes

On the recordMarch 13, 2008
I rise in support of the Progressive Caucus budget because it includes home foreclosure relief. The foreclosure crisis is at the epicenter of our economic slowdown, and northeast Ohio is among the hardest hit in the Nation. Hardworking American families deserve financial security. Foreclosure undermines the physical, emotional, and financial security of America's families, has a detrimental effect on the greater community. Neighborhoods with foreclosed properties are likely to experience declining property values. Cuyahoga County, which includes Cleveland, my hometown, had 11,000 foreclosures in 2005, more than triple the number a decade earlier. My home State of Ohio has the ninth highest rate of foreclosures, and fourth nationwide for the number of preforeclosure and foreclosure filings. So I'm urging my colleagues to support this budget for that reason. But there's another reason, too. We can talk about the transfer of wealth, which is a lot of the discussions that go on. This whole government is an engine to transfer the wealth of the country upwards. We have to recognize it. If there is one engine that's transferring the wealth upwards with great acceleration it's the war. Because this war would be as if every American family took out a checkbook and wrote out a check already for $16,000 and handed it over to the government. Already it has cost each family in this country $16,000.
Said by
Dennis Kucinich
Independent · Ohio

Editor's note · Context

Addressing the foreclosure crisis and its impact on families and communities.

Share

More from Dennis Kucinich

Nov 30, 2012

You think cutting Social Security, Medicare, and Medicaid should be part of a budget deal? America's economic collapse was fed by Wall Street greed in the form of a $6 trillion housing bubble. This brought large budget deficits. Some who…

govinfo.gov
Dec 5, 2012

Nearly 50 million Americans--over 10 million children-- live in poverty and 46 million Americans on food stamps. According to the Census Bureau, without Social Security over 50 percent of people 65 and older would live and die in poverty…

govinfo.gov
Dec 17, 2012

We are locked into a cultural matrix of thinking which produces violence, and we are shocked when its heartbreaking effects emerge. It's ``us versus them'' thinking, this evocation of enemies, whoever they are. On a global level, this type…

govinfo.gov
Dec 31, 2012

First of all, I want to begin by thanking the chair and the ranking member for their commitment to security, to Israel and to the region. I want to thank Mr. Kelly for his commitment, similarly. In my office, which I recently shut down…

govinfo.gov

Other voices in this conversation