Rand Paul Quotes

I don't want the federal government to rush in and bail the out right away.

I think people are sick and tired of bailouts, domestically and internationally.

I supported some very, very objectionable things in terms of bailouts or rescues, but I did it not for Wall Street, but for the American people.

I think there is need for economic stimulus... and government can help make that up in a very difficult time.

The failure of Lehman may have allowed the government to do more to prop up the economy than it otherwise could.

I opposed the Medicare prescription drug entitlement. I opposed the Wall Street bailout. I opposed the stimulus bill.

People forget... that we structured it so that the government, or the people, would be repaid with a really good rate of return. And as it turns out, that aspect of TARP, that's what happened.

So it's a mistake for someone to think that they bailed New York out. They did assist us, for which we are grateful, but it's a mistake to say we bailed New York out by giving them a grant of money to help those poor people who throw it away on welfare.

The bailout of Fannie Mae is completely off the books. It's going to cost us hundreds of billions of dollars. Yet nobody is placing this in any type of column in accounting for federal debt.

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.

As quickly as you start spending Federal money in large amounts, it looks like free money.

I think the bailouts in 2008 were wrong.

The passage of the American Recovery and Reinvestment Act - or stimulus bill, as it is often called - is a perfect example in which dire circumstances necessitate immediate action. But with such large amounts of taxpayer money at stake, a hastily developed, under-thought-out plan could have been disastrous.

The government must do all it can to help reduce interest rates for business.

We really accomplished what we set out to do with the Recovery Act programs, which was to fill the lending gap created by the crisis.

Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.

Obama came in and gave $700 billion to the bankers off the top as opposed to giving $700 billion to the poor.

The Democrats want government to do the spending. Senator McCain wants families to do the spending.

I have newspapers coming to me and saying, 'Can we get in on the TARP?'.

The reason that the unions and the other stakeholders have not cut a deal with the automakers is because they believe the federal government is going to bail them out.

I think TARP was the most defining vote since I've been in Congress. It was wrong. You don't nationalize private - it was wrong. It desensitized people to what $700 billion was, which opened the door for a $900 million stimulus, for Obamacare, for all these things. It was wrong. It broke my heart.

The Prime Minister in the UK thinks spending and borrowing more is the right thing to do in the circumstances, and is busily trying to bail out chunks of the private sector which would otherwise have to adjust more quickly to the painful reality that we have been living beyond our means.

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.

Nobody wants to have in their CV in the upper echelons of the American economic family that they nationalised major banks.

This emergency spending measure is certainly only the beginning, since we here in Washington will continue to work closely with the president and emergency agencies to ensure they continue receiving the funding they need.