Tim Ryan: “I would just like to say, we all say let the free market work and all of this. But when there's a savings and loan issue…”

“I would just like to say, we all say let the free market work and all of this. But when there's a savings and loan issue or there's a Wall Street collapse and a lot of very wealthy people in the country are going to lose a lot of money, here comes Secretary Paulson with his hair on fire walking around Capitol Hill saying we need $700 billion of the taxpayers' money. You know, over and over and over again, we've seen this in the last 30 years with this system of heavy deregulation and heavy cuts for the top 1 percent. So it looks like they're making a lot of money, and that's high risk and high reward in a deregulated market; but when things collapse, here comes the government to save the day. It's a pretty good deal. I've got 1,700 families going bankrupt in my district just on health care alone. Nobody's rushing in to say: Oop, that shouldn't matter. It's a health care issue, so you're not going to go bankrupt. That is, in essence, what happened to a lot of these folks. Someone came to the rescue, and that someone was the taxpayer.”