Political Quotes

Marcy Kaptur: I would like to know what evidence he has to prove that, since we have no forensic accounting of what the Wall Street…

On the recordJanuary 15, 2009
I would like to know what evidence he has to prove that, since we have no forensic accounting of what the Wall Street banks that got all this money did with the money. Maybe he has some special access inside these institutions and can provide it to the Record, because I will tell you what happened yesterday. I went before our Rules Committee and I proposed a very simple amendment. My amendment was that before we give one more dime of the people's money, we require the Treasury to do a forensic accounting of every bit of money that was sent up there to Wall Street. And I was denied my amendment. There is no Member of this Congress that can say with accuracy, including the gentleman who just spoke, that he knows where the money is, because, you know what? They haven't told us. All you know is what you have read in the newspapers, and how can we extend more money from the American people when we don't even know what happened to the money that went out the door? So you can say whatever you want and create a fiction, but the fact is that foreclosures are going up across this country. That bill that was passed last year was supposed to help people hang onto their homes. In Ohio, foreclosures have gotten worse every month. What I am telling people right now is, stay in your homes.
Said by
Marcy Kaptur
Democratic · Ohio

Editor's note · Context

Addressing concerns about the Wall Street bailout and its impact on foreclosures.

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