September 24, 2008
The irresponsibility, frankly of management on wall street, that has gotten us to this point. The risks that have been taken without any real concern about the ability of people to pay back debt should not be rewarded without substantially protecting the taxpayers...
September 19, 2008
We need to act and we need to act very, very soon and we need to act in a decisive way, and I think what they heard and I think when you played Hank Paulson's comments a little earlier was a response that there was an understanding in a bipartisan way that this matter was extraordinarily serious.
September 18, 2008
The Fed in this instance acted under authority that had been granted in depression era days. We have not seen this situation in our economy since those days. The bush management of our economy has been a very poor one. A debt did not matter and that has led us to this past. Unfortunately, the taxpayers are being put at risk.
September 17, 2008
We ought to look at the ability people have, what they can do, not what they can't do. All of us can't do certain things. I urge people to look at what people can do. That's what this bill was about in 1990. That's what this bill is about today. I am very pleased to be here to speak on behalf of this bill. I think this bill may well pass unanimously...
September 17, 2008
There are two sides the investment side is not in good shape obviously. We just saw Lehman Brothers go down $650, clearly the consequences of a failure would be substantial. Secretary paulson was reflecting the fact that going further and putting the taxpayer at continued risk on bailing out companies that frankly have taken risks that were unjustified, is not necessarily the policy of what we continue to pursue, particularly when the federal government itself is so deep in debt.

Videos by Year

2017 | 2016 | 2015 | 2014 | 2013