Political Quotes

“I thank my friend from Massachusetts. I've got to say, listening to my friends on the other side of the aisle, they give revisionist history a bad name. They want us all to somehow forget how the recession began and on whose watch. It began under George W. Bush, not Barack Obama. It ended under Barack Obama. My friend from Texas talks about the job loss. That was on George W. Bush's watch, when we were losing almost 700,000 jobs a month. On average, this year, we've been creating 208,000 jobs a month--and it would be more but for the Republican gutting of public sector investment that's already cost us 600,000 jobs and shaved a full point off unemployment. In other words, unemployment would be one point lower than it is today but for their efforts. They want you to forget the Wall Street meltdown that required TARP-- on their watch. Now they decry Dodd-Frank as if it caused the meltdown, that it is this hobnail boot on the jugular of the poor banking community and investment community and Wall Street, which, if removed, would unleash unparalleled economic activity--the consumer and the investor, not so much. Let's call this bill what it is--a naked attempt to undermine the investor and consumer protections of Dodd-Frank and tilt the table once again in favor of Wall Street, at the direct expense of Main Street investors. This bill would render what should be the SEC's primary focus-- investor protection--an ephemeral objective at best.…”