Political Quotes

On the recordApril 1, 2008
last month the Bush administration approved the Federal bailout of an investment giant, Bear Stearns. You would have thought that the crisis on Wall Street would have opened the administration's eyes as to what is happening on Main Street. Reminiscent of Herbert Hoover, President Bush continues to oppose any efforts by this Congress to address the extreme hardships of Americans struggling in today's economy. House Democrats have crafted a foreclosure prevention package that would help stabilize the housing market, and Senate Democrats have similarly been working on legislation to help struggling families keep their homes. But rather than support such efforts, President Bush has threatened to veto the bill, and Senate Republicans voted to block it from even coming to the floor for a vote. Madam Speaker, it's time President Bush and Republicans recognize that the crisis affects Main Street as well as Wall Street, and they should join us in our efforts to help families hard hit by this economy.
Said by
Jason Altmire
Pennsylvania

Editor's note · Context

Addressing the economic crisis and the need for foreclosure prevention legislation.

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