Bailouts Quotes - Page 2

• Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.

  Bob Beauprez

  Jobs, Children, Government

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• 400 obscenely rich people, most of whom benefited in some way from the multi-trillion dollar taxpayer "bailout" of 2008, now have as much loot, stock and property as the assets of 155 million Americans combined.

  Michael Moore

  Littles, Way, Dollars

  "Michael Moore Wisconsin Speech: America Is Not Broke" by Michael Moore, www.thedailybeast.com. March 7, 2011.

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• If your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union.

  Michael Moore

  People, Credit, Unions

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• We paid for this instead of a generation of health insurance, or an alternative energy grid, or a brand-new system of roads and highways. With the $13-plus trillion we are estimated to ultimately spend on the bailouts, we could not only have bought and paid off every single sub-prime mortgage in the country (that would only have cost $1.4 trillion), we could have paid off every remaining mortgage of any kind in this country - and still have had enough money left over to buy a new house for every American who does not already have one.

  Matt Taibbi

  Country, House, Energy

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• Conservative evangelicals don't want government support for our faith, because we believe God created all consciences free and a state-coerced act of worship isn't acceptable to God. Moreover, we believe the gospel isn't in need of state endorsement or assistance. Wall Street may need government bailouts but the Damascus Road never does.

  Russell D. Moore

  Wall, Believe, Government

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• Do you realize that the 850 billion dollar bank bailout, that sum of money is greater than the entire 50 year running budget of NASA. And so when someone says, 'We don't have enough money for this space probe.' No, it's not that you don't have enough money. It's that the distribution of money that you're spending is warped in some way that you are removing the only thing that gives people something to dream about tomorrow.

  Neil deGrasse Tyson

  Running, Dream, Future

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• I dont know of one group of people thats more disliked than politicians -- it may be the folks who gave us the Wall Street bailout. And thats where Mitt Romney comes from.

  Rick Santorum

  Wall, People, Groups

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• As bank customers, we tend to believe that we can have both perfect security for our money, drawing on it whenever we want and never expecting it not to be there, while still earning a regular rate of return. In a true free market, however, there tends to be a tradeoff: you can enjoy a money warehouse or you can hope for a return on your investment. You can't usually have both. The Fed, however, by backing up this fractional-reserve system with a promise of endless bailouts and money creation, attempts to keep the illusion going.

  Ron Paul

  Believe, Drawing, Perfect

  "End the Fed". Book by Ron Paul (pp. 17-18), September 16, 2009.

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• I watch too much cable, I admit. Day after day it gets frustrating. Yesterday I watched as someone called legislation to prevent teacher layoffs a bailout - but I know thats not a view held by many, nor were the views I was frustrated about.

  Robert Gibbs

  Teacher, Views, Yesterday

  "Robert Gibbs Clarifies “Professional Left” Criticism, Calls Initial Comments Inartful" by Sam Stein, www.huffingtonpost.com. August 10, 2010.

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• If the election had turned out differently, I could be the one overseeing the signing of bailout checks and Vice President Biden could be on the road selling his book 'Going Rogaine.'

  Sarah Palin

  Book, President, Vices

  "Palin cracks wise at Gridiron dinner" by Jeanne Cummings and Andrew Glass, www.politico.com. December 5, 1009.

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• Mother Nature does not do bailouts.

  Al Gore

  Mother, Doe, Environment

  "Climate change summit hijacked by biggest polluters, critics claim" by Terry Macalister, www.theguardian.com. May 24, 2009.

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• Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.

  Llewellyn Rockwell

  Money, Cheer, School

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• Punishing enemies and rewarding friends - politics Chicago style - seems to be the unifying principle that helps explain the Obamacare waivers, the NLRB action against Boeing and IRS's gift tax assault on 501(c)(4) donors. They look like examples of crony capitalism, bailout favoritism and gangster government. One thing they don't look like is the rule of law.

  Michael Barone

  Government, Law, Obamacare

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• I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.

  Warren Buffett

  Wall, Couple, Thinking

  "Warren Buffett: I Haven't Seen As Much Economic Fear In My Adult Lifetime". Interview With Charlie Rose, www.cnbc.com. October 1, 2008.

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• I think one can see the [Donald] Trump program as if it were that element of the bailout of 2009 writ very large, and now extended out towards both fossil fuels, and, on the other hand, the infrastructure program, which is such a key element of the spending side of the Trump program.

  Judy Woodruff

  Thinking, Keys, Hands

  Source: www.pbs.org

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• We're calling for that bailout for young people in order to jumpstart the economy of our future.

  Jill Stein

  Order, People, Calling

  Source: www.justicenewsnetwork.com

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• We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt.

  Jill Stein

  Generations, Debt, Students

  Source: www.justicenewsnetwork.com

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• The ESM, the European Stability Mechanism, is not funded by Germany alone. Twenty-seven percent of the bailout package comes from Germany. Italy and France together cover a total of 38 percent. That's reality. It makes no sense to say that everyone wants to get at Germany's money.

  Martin Schulz

  Reality, Together, Twenties

  Source: www.spiegel.de

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• The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing.

  Andrew Ross Sorkin

  Fierce, Forgotten, Good Things

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• If there is no cost to be paid for the indiscriminate dumping of pollution into the earth's atmosphere, then it should be a surprise to no one that today we will dump another 70 million tons of global warming pollution into the thin shell of atmosphere surrounding our planet. ... We have to [act] this year, not next year. Mother Nature does not do bailouts.

  Al Gore

  Mother, Years, Atmosphere

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• The government - the ultimate short-term-oriented player - cannot withstand much pain in the economy or the financial markets. Bailouts and rescues are likely to occur, though not with sufficient predictability for investors to comfortably take advantage. The government will take enormous risks in such interventions, especially if the expenses can be conveniently deferred to the future. Some of the price-tag is in the form of back- stops and guarantees, whose cost is almost impossible to determine.

  Seth Klarman

  Pain, Player, Government

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• Your story is for - voting for every disastrous trade agreement, and voting for corporate America. Did I vote against the Wall Street bailout?

  Bernie Sanders

  Wall, Agreement, America

  Source: www.realclearpolitics.com

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• All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it.

  Mike Pence

  White, People, House

  Interview with Chris Wallace, www.foxnews.com. July 18, 2010.

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• On domestic policy, Donald Trump agreed with Barack Obama and Hillary Clinton on the Wall Street bailout, the TARP bailout of big bank. I think the government ought to be standing with mainstream, with working men and women. And then you put on top of that the ethical issues, whether it is refusing to release his taxes. And that's a real problem.

  Ted Cruz

  Wall, Real, Men

  "Face the Nation" with John Dickerson, www.cbsnews.com. February 28, 2016.

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• Anyone believing the TPP is good for Americans take note: The foreign subsidiaries of U.S.-based corporations could just as easily challenge any U.S. government regulation they claim unfairly diminishes their profits - say, a regulation protecting American consumers from unsafe products or unhealthy foods, investors from fraudulent securities or predatory lending, workers from unsafe working conditions, taxpayers from another bailout of Wall Street, or the environment from toxic emissions.

  Robert Reich

  Wall, Believe, Government

  "Why the Trans-Pacific Partnership Agreement Is a Pending Disaster" by Robert Reich, www.huffingtonpost.com. January 6, 2015.

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