Political Quotes

“Through the Chair, I would say to my colleague that I have heard your concerns on the floor, and I look at these problems. I know some colleagues say: I don't want bankruptcy. We want a process here. We don't want a bailout. Well, by having a flawed bill that ends up in a legal process that declares it unconstitutional means that you are going to end up with a bailout, because we are going to be on the hook. What would be better is that we had all the debt in a reorganizing structure and had a fair process through a bankruptcy court for these issues to be decided. Like you, I have a concern--on point No. 10 of this chart--about this appointee process because I think it is going to be challenged. People are even admitting that the Department of Justice says it is going to be challenged. We don't want this process held up for 2 more years, 4 more years because somebody doesn't think the board has the authority to operate. Why not pass a bill where we are sure that they have the authority to operate? Why not do it the right way so we know the language is legal? I think it is unbelievable that we would say to the people of Puerto Rico--where 45 percent of the population is in poverty--oh, and by the way, as to this control board, which is going to control everything you guys do, we are going to make you pay $370 million of that cost. Oh, but they could have gifts. I know people were in a hurry. They wanted to get a deal.…”