Political Quotes

“Millions of Americans are one paycheck, that is, if they have a paycheck, away from poverty. Now, the numbers speak for themselves. Gas prices are at record levels, averaging, in my district, $3.73 a gallon, even as oil is traded at over $100 a barrel and big oil companies are reaping in record profits. Foreclosures have skyrocketed, putting hundreds of thousands of people out on the street. The American dream of homeownership is quickly turning into a nightmare for many hardworking individuals and families in our country. In my district, in Alameda County, we are projected to lose nearly 4,700 homes to foreclosures due to the subprime mortgage crisis, eliminating $3.2 billion in home equity value. That's equal to a drop in home equity by almost $8,500 for each homeowner in my district. Meanwhile, food prices have risen, squeezing recipients of food stamps even as the number of people expected to enroll in the program will reach a record 28 million people in the next fiscal year.”