Quotes About Bailout
Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again.
~ Eliot Spitzer
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As American citizens, if you believe all banks were bailed out, you would hate banks. I would, too.
~ Jamie Dimon
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As a Republican, I voted with President Clinton consistently in our efforts to bail out our European friends in Kosovo to stop genocide. I am proud of those votes. I am proud of President Clinton for that.
~ Gordon Smith
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Chet Edwards votes for every bailout and against ending any bailout!
~ Bill Flores
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I have no interest in bailing out anybody, quite frankly, and I think banks have to suffer every dollar of loss if they make a bad loan.
~ Edward Conard
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Europe's reaction to the UK's referendum was dominated by the same harsh response that greeted Greece's June 2015 ballot-box rejection of its bailout package. Herman Van Rompuy, former European Council1 president, expressed a widespread feeling when he said that Cameron's decision to hold a referendum "was the worst policy decision in decades." In so saying, he revealed a deep antipathy toward democratic accountability.
~ Joseph E. Stiglitz
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during the 2008 crisis, corporate welfare reached new heights. In the great bailout of the Great Recession, one corporation alone, AIG, got more than $180 billion—more than was spent on welfare to the poor from 1990 to 2006.68 As
~ Joseph E. Stiglitz
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Having been brought to the brink of insolvency, Switzerland's largest banks had been forced to suffer the indignity of a government bailout. Sensing weakness, foreign tax collectors were now clamoring for Swiss financial institutions to lift the veil of secrecy that had shielded their clients for centuries. The gnomes of Zurich, among the wiliest of God's creatures, had instinctively taken shelter and were waiting patiently for the inclement weather to pass.
~ Daniel Silva
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Same way we have enough money to bail out Wall Street, we need to put a down payment on Main Street.
~ Nina Turner
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I bet taxpayers remember providing more than $812 billion to Citigroup and Bank of America, two Wall Street banks, in 2009 to bail them out during the 2008 financial crisis. Taxpayers remember that generosity; big banks evidently don't.
~ John Kennedy
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I'm a conservative. I believe in the idea of freedom and liberty, but more importantly, look at my voting background. I voted against bailing out Wall Street. I voted against, never voted for, a tax increase.
~ Kevin McCarthy
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I turned on Wall Street for the same reason everybody else did: The American taxpayer was forced to cut mook deals to bail out guys who didn't deserve it.
~ Steve Bannon
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Both Mitt Romney and Newt Gingrich supported the Wall Street bailout.
~ Michele Bachmann
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I opposed the Medicare prescription drug entitlement. I opposed the Wall Street bailout. I opposed the stimulus bill.
~ Mike Pence
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The Tea Party grew out of indignation over the Wall Street bailout - an indignation shared by the vast majority of Americans. But the Tea Party ended up directing its ire at government rather than at big business and Wall Street.
~ Robert Reich
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A more robust approach to global warming is needed if we are to avoid catastrophe. Unlike the recent financial crisis, there is no bailout option for the earth's climate.
~ Jose Angel Gurria
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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.
~ Michele Bachmann
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Mick Mulvaney, director of the Office of Management and Budget, said in a CNN interview that investors shouldn't take Trump "word for word." He promised that there would be no Washington bailout of Puerto Rico. Hedge funds
~ Richard Lawless
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A bank in Washington was robbed by two men in George W. Bush masks. Luckily, right afterwards two guys in President Obama masks came and bailed the bank out, so everything is fine.
~ Conan O'Brien
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Our bailout of Detroit will be remembered as the equivalent of pouring billions of taxpayers' money into the mail-order catalogue business on the eve of the birth of eBay.
~ Thomas Friedman
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The blowback against a bailout of Lehman would have been fierce. It is often forgotten, but the prevailing wisdom the day after Lehman fell was that its collapse was a good thing.
~ Andrew Ross Sorkin
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The government cannot become a bailout organization for companies on the verge of bankruptcy.
~ Martin Winterkorn
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When government is... bailing out banks... we have every good reason to be alarmed.
~ Mitt Romney
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California is going to take themselves off the cliff culturally and economically, fiscally. They are going to be at the trough in Washington wanting a bailout.
~ Jim DeMint
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