Jim DeMint Quotes

The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation's housing bust, Fannie Mae and Freddie Mac, the lifeline from Washington just keeps getting longer.

We're not planning for the future. If we continue to spend ourselves into oblivion, we are going to destroy this nation.

The path we're on has taken the USA to the brink of bankruptcy.

I've, we have in this state, like many other states, we're experiencing an enormous budget deficit that we're trying to grapple with. But we will have progress despite the deficits.

Our nation suffers when Congress fails to pay America's bills on time.

The entitlement state has driven us into insolvency.

Veterans are driven by the same frustrations that the public has with what is happening in Washington... the fiscal irresponsibility and the financial crisis that our country is facing.

The country - or the government - is headed for bankruptcy. So we're going to be continuing to speak out against corporate welfare as something that hurts everybody except those direct beneficiaries.

If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'

In the West, if a city faces financial difficulties, it'll go bankrupt. But in China, cities will be subsidised by the Ministry of Finance. So some small- and medium-sized cities aren't worried about going bankrupt. They figure the central government will help them out.

The rhetoric on the Hill is getting very heated and it's getting quite dangerous. The gun is at the head of the American economy and Congress is holding it and its got a hair trigger. We've got to pay our bills.

The financial failure of the United States was a government failure and not a market failure.

The interest on our debt is going to collapse this country.

The idea that the largest banks in the world would simultaneously fail, need government support, government guarantees, and/or government intervention to survive was not in my range of realistic scenarios.

Chet Edwards votes for every bailout and against ending any bailout!

If you think about those bailouts that happened in 2008, that was a situation in which the government gave, at our expense, enormous sums of money to some of the richest people who have ever existed on Earth.

Iceland is a rich country, but in the early 21st century, this prosperity got to our heads, and in 2008, it collapsed.

One of the very difficult parts of the decision I made on the financial crisis was to use hardworking people's money to help prevent there to be a crisis.

The people of Kentucky have had enough. They have had enough of bailouts for Wall Street banks.

When the banks grow to or when these financial institutions grow to such a size that they can't sustain themselves, or what have you, they have problems, economic problems, or financial problems, they shouldn't be able to look back to you and I, the taxpayer, to be bailed out.

The very welfare state the Occupy Wall Street protesters so eagerly applaud is what has saddled Greece with colossal debt and left its economy on the brink of collapse, igniting violent protests across the nation.

The public subsidies provided to miners, loggers, and ranchers are as extravagant and as harmful to the public interest as the subsidies that the Federal Reserve and Treasury provide to the 'banks too big to fail.'

Dodd-Frank is a direct cause of the economic struggles millions of Americans continue to face today. The law provides so much regulation that it is a burden on the economy.

Let's say I go completely broke, I'm about to star in the next '30 for 30: Broke.'

The 90s was a difficult decade, with recessions in many transition countries and in emerging economies provoked by financial crises; and with continuing stagnation in Africa.