Political Quotes

“I appreciate the words from the Senator from Vermont and his support of the Brown-Kaufman amendment and his work on real Wall Street reform. Two years ago, as we know, we were on the verge of another Great Depression. Wall Street had gorged itself on greed and junk debt. Markets panicked and chaos and hardship threatened Main Street. At the request of the Bush administration, we acted swiftly, we acted bipartisanly, to pull ourselves back from the brink of economic collapse. We saved the banks temporarily, as we should have, but Wall Street recklessness, aided and abetted by lax regulation and deregulation and appointments by the Bush administration of people far too friendly to Wall Street, had done its damage. Wall Street's greed led to more than 7 million Americans losing their jobs. Go to Mansfield or Lima or Sandusky or Cleveland or Zanesville and see the damage it did to American manufacturing. Wall Street's excess and rampant speculation caused nearly 6 million home foreclosures. Go to neighborhoods in Over-the-Rhine in Cincinnati or go to neighborhoods on the west side of Cleveland or go to neighborhoods in north Columbus and see the damage Wall Street excess and rampant speculation caused to homes and families in my State. Here we are 2 years later and Wall Street is continuing to risk Main Street jobs, Main Street pensions, and Main Street homes on get-rich-quick schemes.”