Jack Reed actually said...

We fought to ensure that if ordinary Americans who had done nothing wrong were going to pay for this stabilization effort, they would get to share in the benefits if companies became more profitable.

09/23/2009

https://www.congress.gov...

More Jack Reed Quotes

"the markets go up and down. And there are times when the private market, just because of the returns and the economic climate, will cover all the needs."
"the only game in town was Fannie and Freddie, but at least we were able to keep a housing market."
"Even for those who want a privatized system a first step is some type of Government guarantee."
"This has been a very thoughtful and constructive hearing."

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