Sharron Angle Quotes


Let business oversee itself.


Context

This extreme view of regulation is one of the many views that caused the Nevada voters to reject her.


Citations

Sharron Angle, Tea Party & Republican Candidate for the Senate from Nevada, Statement, 2010

Sourced by: Eigen's Political and Historical Quotations

Related Quotes

The term “great corporations” had been in common use to indicate large corporations with no implications of quality as “great” would imply today. Search for “great corporations” to see the common usage.


This Republican mantra has been central for the Republicans for the entire century after Theodore Roosevelt who thought that business had to be regulated and controlled. The same basic speech has been given by conservative Republicans ever since.


Greenspan accepted this as many other economists and financial regulators did. What they did not take into account was the incredible greed of many of the financial executive who were betting with their customers money, If the bet was right they, the shareholders and the customers all made out very well as they were highly leveraged. If the bet was wrong, the shareholders and customers lost a lot, and the financial executives only made their multimillion dollar salaries and bonuses (Many were actually were guaranteed their bonuses even if they put the company into bankruptcy.) Worse, they earned their money when they made their sales or earnings targets, but when the securities they bought went sour, even if the company had no funds left, the. It was “heads we all win and tails only I win.” The vested interests between the financial company executives, the shareholders, and the clients were divergent, and the customer was at the bottom of the money pole.


During The Depression although business in general was doing very poorly, there were a few which had grown immensely powerful and abused the power as there was little or no regulation at the time.


Sharron Angle
Sharron Angle
  • Born: July 26, 1949
  • Nationality: American
  • Profession: Politician

Sharron Elaine Angle is an American politician who served as a Republican member of the Nevada Assembly from 1999 to 2007. She ran unsuccessfully as the 2010 Republican nominee for the U.S. Senate seat in Nevada, garnering 45 percent of the vote. On September 15, 2013, she was unanimously elected the fifth President of the National Federation of Republican Assemblies, and resigned in 2016 to run again for the Nevada U.S. Senator position being vacated by Harry Reid but failed to win the Republican primary. In 2018, she ran in the Republican primary for Nevada's 2nd congressional district and lost to the incumbent, Mark Amodei.