Political Quotes

“sometimes there is no end to arrogance. I find it literally beyond comprehension that we have folks from Wall Street who receive huge bailouts from the people of our country, from working families in this country, because of the greed and recklessness and illegal behavior that Wall Street did to drive us into this recession, and now these very same people are coming here to Congress to lecture us and the American people about how we have to cut Social Security, Medicare, and Medicaid while they enjoy huge salaries and retirement benefits. Lloyd Blankfein is the CEO of Goldman Sachs. In 2006 and 2007 he was the highest paid executive on Wall Street, making over $125 million in total compensation. My understanding is that he has wealth of hundreds of millions of dollars. Goldman Sachs received a $278 million refund-- Goldman Sachs did--from the IRS in 2008 even though it made a profit of $2.3 billion. During the financial crisis, Goldman Sachs received a total of $814 billion in virtually zero interest loans from the Federal Reserve and a $10 billion bailout from the Treasury Department. This is the CEO of Goldman Sachs. Now, with his huge wealth, he is coming here to Washington to lecture the American people on how we have to cut Social Security, Medicare, and Medicaid for tens of millions of Americans who are struggling now to keep their heads above water.…”