The Obama administration has embraced the policies of George W. Bush, and then gone much further. Wall Street bailouts went ballistic under Obama - $700 billion under Bush, but $4.5 trillion under Obama, plus another $16 trillion in zero-interest loans for Wall Street.— Jill Stein
Profound Bailout quotations
I opposed No Child Left Behind, I opposed the Medicare prescription drug bill, I opposed the Wall Street bailout. What the American people are starting to see is that Republican, Republicans on Capitol Hill get it and the Democrats, from the White House to Capitol Hill, just don't get it.
The US is not a superpower. The US is a financially dependent country that foreign lenders can close down at will. Washington still hasn’t learned this. American hubris can lead the administration and Congress into a bailout solution that the rest of the world, which has to finance it, might not accept.
Government bailouts are like potato chips: You can't stop with just one.
Conservative evangelicals don't want government support for our faith, because we believe God created all consciences free and a state-coerced act of worship isn't acceptable to God. Moreover, we believe the gospel isn't in need of state endorsement or assistance. Wall Street may need government bailouts but the Damascus Road never does.
If anything, the bailouts actually hindered lending, as banks became more like house pets that grow fat and lazy on two guaranteed meals a day than wild animals that have to go out into the jungle and hunt for opportunities in order to eat.
I find it extraordinary that I'm being told I can't trust you the voter to get a government in to protect workers rights and that we need Brussels to defend you, the euro is a broken project we are going to pay, no you are going to pay out of your taxes one bailout out of another and the European union does not protect your jobs.
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.
Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.
I've criticized President Bush for his failure to use his veto pen.
There's plenty of blame to go around. The question is how to solve problems. It's not bailouts. What made America great? Free markets, free enterprise, manufacturing, job creation. That's how we're gonna do it, not by enlarging government.
Your story is for - voting for every disastrous trade agreement, and voting for corporate America. Did I vote against the Wall Street bailout?
We should not be borrowing money from the Chinese to bail out the Greeks.
What's coming next? Intergalactic bailouts?
The government cannot become a bailout organization for companies on the verge of bankruptcy.
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.
Members of Congress were told they could face martial law if they didn't pass the bailout bill. This will not be the last time.
All we're getting from the Democratic majority in Congress and from this White House is more bailouts, more spending, more planned stimulus, more deficits and debt, and the American people have had it.
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 fact is, if our primary legislative goals are to repeal and replace the health spending bill; to end the bailouts; cut spending; and shrink the size and scope of government, the only way to do all these things it is to put someone in the White House who won't veto any of these things.
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.
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.
Some taxpayers may object to a print journalism bailout on the grounds that it mostly benefits the liberal elite. And we can't blame taxpayers for being reluctant to subsidize the reportorial careers of J-school twerps who should have joined the Peace Corps and gone to Africa to 'speak truth to power' to Robert Mugabe.
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.
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.
You cannot form a community of countries of different strength without a certain amount of equilibrium. That is reflected in, for example, the EU budget and the bailout programs. That is why there are net payers and net recipients in Europe. A community cannot exist if the stronger do not take responsibility for the weaker.
While the banks got big bailouts, a sizeable chunk of African-American wealth evaporated because so many people lost homes.
I think any time you couple the term "Wall Street" with "bailout" or something like that, you know - I don't like what's going on in Wall Street.
I think one can see the [Donald] Trump program as if it were that element of the bailout of 2009 writ very large, and now extended out towards both fossil fuels, and, on the other hand, the infrastructure program, which is such a key element of the spending side of the Trump program.
I have no interest in increasing the size of government.
I just want to make sure we have got a smart government that is regulating, for example, the financial institutions smartly, so I don't have to engage in any kind of bank bailouts.
We're calling for that bailout for young people in order to jumpstart the economy of our future.
We call for a bailout for an entire generation that is basically held hostage by unpayable student-loan debt.
The ESM, the European Stability Mechanism, is not funded by Germany alone.
Twenty-seven percent of the bailout package comes from Germany. Italy and France together cover a total of 38 percent. That's reality. It makes no sense to say that everyone wants to get at Germany's money.
On domestic policy, Donald Trump agreed with Barack Obama and Hillary Clinton on the Wall Street bailout, the TARP bailout of big bank. I think the government ought to be standing with mainstream, with working men and women. And then you put on top of that the ethical issues, whether it is refusing to release his taxes. And that's a real problem.
Punishing enemies and rewarding friends - politics Chicago style - seems to be the unifying principle that helps explain the Obamacare waivers, the NLRB action against Boeing and IRS's gift tax assault on 501(c)(4) donors. They look like examples of crony capitalism, bailout favoritism and gangster government. One thing they don't look like is the rule of law.
In the real world, banks hang onto their money for fear of making bad loans, no matter how many bailouts or stimulus packages Washington passes.
At some point the Japanese, Chinese and Saudi buyers of US and European Government bonds will see just what miserable value they offer. Then governments may have to stop all the runaway spending and bailouts and even put up interest rates.