Political Quotes

Sheila Jackson Lee: The Republicans always want to dwell on distractions, but I believe that the American people are waiting for the health…

On the recordApril 27, 2010
The Republicans always want to dwell on distractions, but I believe that the American people are waiting for the health care reform bill to be implemented--and that it will. And it will save lives. But why are the Republicans standing on the side of big business and big companies too big to fail? Now we need the Wall Street Reform and Consumer Protection Act to be able to respond to America's cry for honesty and integrity on Wall Street. Right now, one of the biggest Wall Street casinos, Goldman Sachs, is testifying. And I don't know whether they can find the facts to be able to defend atrocious acts causing millions of Americans to lose money. I personally know of a small business that they literally destroyed because they were unwilling to look at ways of allowing that business to survive. And so the $14 million of net worth loss, $22 million decline in net worth, and 2.2 million in homes lost is because of the lack of integrity on Wall Street. Pass the legislation that will end bailouts; protect families' retirement funds; college savings; homes and businesses; protect consumers; and, yes, inject transparency. Goldman Sachs, what is your answer to the question?
Said by
Sheila Jackson Lee
Democratic · Texas
Source
govinfo.gov
Apr 27, 2010

Editor's note · Context

The speaker addresses the need for Wall Street reform and accountability, particularly regarding Goldman Sachs.

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