Quotes About Bailout

For a long time, Americans have bought into the meritocracy, the American dream ideal. But when we watched banksters completely destroy our economy and get bailed out while ordinary homeowners were intentionally left to have their homes seized and lives destroyed, it kind of made people think.

We need to think deeply about whether we can sustain banks that are not only too big to fail, but potentially too big to bail.

Is it possible that contemporary literary prizes are a bit like the federal bailout package, subsidizing work that is no longer remotely describing reality?

Barack Obama likes to point to General Motors as the poster child for the job creation success of his economic policies. However, whatever your sentiments about the government's bailout of General Motors, for every job Barack Obama 'saved-or-created' in the U.S. there were two jobs off shore.

When we are asked to bail out corporations and banks, or pass tax bills that shift billions in public dollars out of government, we must ask ourselves, who were we truly sent here to advocate for?

In 2008, when Lehman Brothers collapsed, we anticipated that Europe was going to have a very different bailout scheme than the U.S. because of their different political systems and different relationships between the central banks and the fiscal authorities.

When the banks grow to or when these financial institutions grow to such a size that they can't sustain themselves, or what have you, they have problems, economic problems, or financial problems, they shouldn't be able to look back to you and I, the taxpayer, to be bailed out.

Most of us are aware of the sacrificial slaughter of Bear Sterns. Some people call it a bailout, but I call it a handout - a government handout to some of the richest people on Earth, paid for by American taxpayers.

Remember the Tea Party movement didn't get started in September of 2008 when the bank bailout was passed. It really began on Feb. 19th, 2009 when a television commentator named Rick Santelli stood up and said what the hell are we doing bailing out people who couldn't afford a mortgage by taking money from people like me who are prudent?

The Tea Party movement started in late 2008 as a rejection of President George W. Bush's bailout of the auto industry and Obama's excessive stimulus spending. It evolved into a movement opposed to ObamaCare, and grassroots efforts were employed to find qualified political candidates who could beat incumbents.

I got all the respect in the world for the front-runners in this race, but ask yourself: If we replace a Democratic insider with a Republican insider, you think we're really going to change Washington, D.C.? You don't have to settle for Washington and Wall Street insiders who supported the Wall Street bailout and the Obamacare individual mandate.

How else can you explain why the Street was bailed out with no strings attached? Or why taxpayers didn't get equity in the banks we bailed out—as Warren Buffett got when he bailed out Goldman Sachs—so when the banks became profitable again, we didn't get any of the upside gains?

Neither the George W. Bush nor the Obama administrations volunteered to bail out G.M., Chrysler and other parts of the auto sector. Both subscribed firmly to the longstanding American principle that government should resolutely avoid these kinds of interventions, particularly in the industrial sector.

You can print money to bail out a bank, but you can't print life to bail out a planet.

We can no longer contemplate a world in which public or private sector funds are used to bail out or recapitalize failing firms.

Bailing out every bank that fails makes the system riskier, not safer.

I watch too much cable, I admit. Day after day it gets frustrating. Yesterday I watched as someone called legislation to prevent teacher layoffs a bailout - but I know that's not a view held by many, nor were the views I was frustrated about.

To bail out these borrowers, Rockefeller had to borrow almost $4 million, and nearly $3 million of that came from Standard of New York.

Divorce is marital welfare.It's just couples asking society to bail them out because they didn't do enough research before they got married.

These people could not be bailed out, of course, because the free market was free. Of course, at times of financial crisis the Government did, in fact, bail out the major institutions of the free market, but this did not in any way undermine the fundamental notion that the market must be free and this bailing out could, of course, not be extended to individuals within the free market. Some people are, alas, not intellectually capable of understanding arguments about such complex things.

You don't set up an implicit promise from the federal government that everybody is getting bailed out.

If you or I fail at business, we fail. If we cheat and fail, we go to jail. But if you're rich and politically connected, your incompetence may be protected by a government bailout.

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

Four hundred obscenely wealthy individuals, 400 little Mubaraks - most of whom benefited in some way from the multi-trillion-dollar taxpayer bailout of 2008 - now have more cash, stock and property than the assets of 155 million Americans combined.