Political Quotes

“I would encourage everybody here to form your own gang and see if you can save some money and do some good for the taxpayer. But it has been a real pleasure working with Senator Conrad, who is the chairman of the Budget Committee, who knows more than I will ever hope to know about this, and has probably forgotten more than most of us know about budgeting and spending. We have looked at this bill, and we have similar concerns. One of the things we agree on, I think pretty strongly, is that no amount of stimulus package, no matter how well constructed, is going to solve the Nation's problems unless you do something about housing and banking. We found some common ground on the housing part. Sheila Bair, who is the Director of the Federal Deposit Insurance Corporation, who was allowed to stay in her position by President Obama--and I compliment him for doing that; she is a very smart lady--she has been telling people throughout the country that there is a way to get ahead of the foreclosure problem if she had some money to modify mortgages that are troubled.”