Economic Rescue Quotes

I opposed the bailout of banks and car companies.

It's become glib political conventional wisdom in Washington that a massive spending plan will provide a parachute rescue for a cliff-diving economy - landing it safely and with strong enough legs to move toward a healthy future.

Where human lives are concerned, time is always short, yet the world has witnessed the vast resources that governments can draw upon to rescue financial institutions deemed 'too big to fail.'

To promote the sales of GM vehicles, Obama says the government will stand by your GM car warranty. And all the taxpayers will get a lube job.

We have the idea of saying that put limitations on bailouts, so that the bailouts don't occur in the future, so that we don't have to do the - look to see AIG situations or Bear Stearns situations or the Fannie Mae or Freddie Mac, which is probably going to be more money spent on those two institutions than the Congress spent on the TARP program.

The federal government... announced a plan to spend, like, a trillion of taxpayer dollars to buy out bad mortgages and debt. Wall Street was surprisingly enthusiastic about the plan to save their (butts) with other peoples' money. It was either that, or Sarah Palin's idea to sell it all on eBay.

Trillions of dollars are being spent in the name of 'saving' the economy: bailouts, 'stimulus,' omnibus spending bills, budgets, government takeovers of the auto, health care and energy industries, all of which require ever more spending.

All taxpayers feel a tremendous sense of frustration as they see many tens of billions of dollars of bonuses paid to the same mega banks that were on the brink of bankruptcy and were only saved by massive government rescue money and support. We are not satisfied by the fact that many of them have paid the money back, nor should we be.

Some said he shouldn't save Detroit. But President Obama made the tough and right call to save more than a million American jobs in an important, iconic industry.

As American citizens, if you believe all banks were bailed out, you would hate banks. I would, too.

When the franc was in danger of collapsing in 1956, it was the Americans who propped it up and their reward was to be insulted and swindled on the streets of Paris. I was there. I saw it.

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.

Well, the chairman of Federal Reserve just made his move to rescue Barack Obama. We're gonna have QE3. We're gonna print some more money.

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

Greece's European neighbors were able step in and bolster the weak foundation on which Greece's free-spending budget was based. It would be difficult for any country, or intergovernmental organization, to rescue an economy the size of the U.S. if investors were ever to lose faith in our bonds because of our enormous debt.

I think those autoworkers whose industry would have collapsed if the president hadn't intervened are certainly better off.

The TARP program was nevertheless necessary to keep banks from collapsing in a cascade of failures.

We bailed out the S&Ls. Why can't we bail out my city?

Finally we got some good news about the economy. Barack Obama got $800 billion to rescue the economy. All I can say is, 'Thank you, Oprah.'

We did save the economy, but we lost the country doing it.

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

Both Mitt Romney and Newt Gingrich supported the Wall Street bailout.

One way to ease liquidity for banks is that the government can buy all highly rated securities held by the banks. Every single bank in the U.A.E. has some sovereign debts in their portfolios. I am not asking them to buy any junk bonds, rather the high quality U.A.E. government debt.

There is no one in America more qualified to talk about bailouts than Mitch McConnell.

Obama had to save the banks, sure, but he didn't have to save the bankers and the shareholders and the bondholders. We broke the rules of capitalism in order to save those at the top - as we always do.