Well, I would just share with you and share with everyone here that the reality is that, from a legislative standpoint, nothing has changed. Despite the fact that we're in the worst recession that we've ever experienced--we all know what caused this. We know how we got here. We know the lack of regulation on these very sophisticated financial instruments caused the mortgage meltdown which led to the recession. But the fact of the matter is, legislatively, nothing has changed in statute. We passed a good bill out of the House----
Steve Driehaus: “Well, I would just share with you and share with everyone here that the reality is that, from a legislative standpoint…”
Editor's note · Context
Driehaus discusses the lack of legislative change despite the ongoing recession.
Share
More from Steve Driehaus
They're engaged in rhetoric that goes well beyond the pale of what's responsible. They're inciting behavior. And I think they should be held responsible for that.
With all due respect to the gentleman, I know that this doesn't fit into the political framework of the Republicans to suggest that this is not TARP, this is not another bailout, this is about helping small businesses.
There is not a dime of TARP money going into this bill. You are undermining the authority--or attempting to undermine the authority of the Inspector General of Treasury.
And the American Recovery and Reinvestment Act, the largest single tax cut for middle income families in the United States.





