On the recordMarch 15, 2011
I urge my colleagues to vote no on this continuing resolution. It cuts money for jobs to people that give social services to our senior citizens at a time when gas prices are going up and food prices are going up; it cuts jobs to clean up our brownfield sites across this country... So people say, where are you going to get the money? Let me tell you where the money is, and what is not on the table in trying to balance the Federal budget. How about the profits of the Wall Street 'Big Six': Goldman Sachs, J.P. Morgan Chase, Bank of America, Wells Fargo, Morgan Stanley, and Citigroup. They scooped up just last year $51 billion in profits; $51 billion at the expense of the American people hit hard in this great recession that we're enduring. Wall Street titans are happy as clams. Their top executives alone took $26 million in compensation, not counting all their stock options. We didn't touch a penny of their bonuses.
