Patrick Toomey actually said...

If you do not do that, there is not a person in the world--you know, I have been there.

Toomey emphasizes the necessity of establishing a structure to discourage risky behavior.

01/07/2014

More Patrick Toomey Quotes

The kind of underwriting you do would not have been possible, certainly, 10 years ago, probably not even 5 years ago.

So, you are not able to set any old rate you like, because if you do, someone else who competes with you will set, presumably, a lower rate ...

I do not see the cause to restrict them from access to the payment systems to conduct their business.

Is there any chance that some people who currently need and get access to credit will no longer have that access to credit?