Marcy Kaptur: “What is really sad here is, if you look at the people who get appointed to our U.S. Treasury and to the Federal Reserve…”

“What is really sad here is, if you look at the people who get appointed to our U.S. Treasury and to the Federal Reserve, not that they are not intelligent and hardworking Americans, but their mindset comes from, especially this group over the last several years, from the speculative Wall Street sector, which means that when they have been used to creating all this debt around the world, they are pretty well- heeled themselves, when they get appointed to a top Government position, they forget they are not just dealing with their own customers' funds anymore, they are dealing with taxpayers' public money. There is a difference. I think one of the problems we have is that when you have this revolving door between Wall Street and some of the institutions of the people of the United States, sometimes I think people forget where they are and they start gambling with our peoples' money rather than the private investors' and speculators' and gamblers' money. There is a big difference. Let me say to the gentleman from Vermont that I see the gentleman from Illinois [Mr. Lipinski] has joined us here. I am sure that both of these gentlemen face the same situation in their own districts. But I cannot get loans for my congressional district from the U.S. Treasury in order to clean up the toxic waterways in my community. They told us, ``Well, wait 5 years, wait 10 years, wait 15 years.'' I said, ``Wait a minute, I only get elected for 2 years. I cannot wait for 15.…”