Quotes about bailout (16 Quotes)



    I do not want another savings-and-loan situation like we had in the late 80s, coming out of bad policy with the PBGC, ... As we've watched this corporation deteriorate rapidly in recent years, the possibility of such a bailout has become increasingly real.

    I can't tell you how bad this is for consumers, ... a product liability bailout for manufacturers who have weak roofs today and will continue to be allowed to have weak roofs in the future.

    This is not a bailout, ... This is not taxpayer money. This is providing the company the flexibility they need to meet their obligations and therefore protect the taxpayers.



    After the $700 billion bailout, the trillion-dollar stimulus, and the massive budget bill with over 9,000 earmarks, many of you implored Washington to please stop spending money we don't have. But, instead of cutting, we saw an unprecedented explosion of government spending and debt, unlike anything we have seen in the history of our country.

    Ford has not asked for, and is not interested in, a government bailout. There are many partnerships we can undertake with the government -- from alternative energy research to worker re-training to enforcing our trade laws -- but a bailout is not one of them.


    There is a vein of distrust in the marketplace for many big deals. They are viewed not as a safe haven, but a financial bailout for the issuers and the shareholders of the parent company.



    Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent?



    I opposed No Child Left Behind, I opposed the Medicare prescription drug bill, I opposed the Wall Street bailout. What the American people are starting to see is that Republican, Republicans on Capitol Hill get it and the Democrats, from the White House to Capitol Hill, just don't get it.




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