Lloyd Bentsen Quotes
You know if you let me write $200 billion worth of hot checks, I could also give you the illusion of prosperity.
Referring to the $200 billion deficit created under his opponent's administration:
Lloyd Bentsen, U. S. Congressman & U. S. Senator (Democrat, TX), Democratic nominee for Vice President, U. S. Treasury Secretary, Televised vice-presidential debate with Dan Quayle, October 5, 1988
Sourced by: Eigen's Political and Historical Quotations
He was addressing the technique of the Special Prosecutor who had been appointed to investigate the relationship between the Donald Trump presidentical campaign and the Russian interference with the 2016 Presidential Campaign
At the fall of the Soviet Union, the sell off of much of the state assets to private enterprise fell into the control of a few, so called oligarchs. Many of these looted the enterprises that they controlled. None the less, they were considered leading citizens and many were politicians.
The President had just been reelected, and wanted an investigation of the Bank of the United States. The “hydra” was a mythical many headed animal which was difficult to kill.
It was very common to have tax collectors take a percentage of their collections as a commission and to be able to appoint sub tax collectors who also took commissions. On top of that, most tax collectors underreported the amount that they collected and pocketed the difference. At the time, Spain was worse than most Christian nations.
Lloyd Millard Bentsen Jr. was an American politician who was a four-term United States Senator (1971–1993) from Texas and the Democratic Party nominee for vice president in 1988 on the Michael Dukakis ticket. He also served as the 69th United States Secretary of the Treasury under President Bill Clinton.