Political Quotes

Peter DeFazio: “We're borrowing ultimately $810 billion. What happens when the next crisis hits in the not too distant future? When Wall…”

On the recordOctober 2, 2008
We're borrowing ultimately $810 billion. What happens when the next crisis hits in the not too distant future? When Wall Street wakes up from its celebration and it sobers up and they look and see we did nothing for the fundamentals in this country, then, the stock market will go down again after it goes up today.
Said by
Peter DeFazio
Democratic · Oregon

Editor's note · Context

DeFazio expresses concern about the financial implications of the bailout and future economic crises.

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