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Crisis Quotes

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Crisis Quotes

“The greenhouse crisis is the bill coming due for the Industrial Revolution. It's not an accident. It's the logical outcome of our world view - the idea that we can control the forces of nature, that we can have short-term expedient gains without paying for them, that there are no limits to exploitation of the environment, that we can produce and consume faster than nature's ability to replenish.”

“Unfortunately, throughout the housing crisis we've seen innocent homeowners who have been victims of shady mortgage lenders and unscrupulous individuals who have used a down market to line their own pockets at the expense of others. This bill is designed to send a message by revising our laws to ensure criminals are brought to justice and that law enforcement has the tools to uncover these fraudulent schemes and go after the bad actors. Criminals should be put on notice that ripping off homeowners and taxpayers won't be tolerated.”

“I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we have derivatives like credit default swaps which are in this category, and we have derivatives like volatilities that are actually an asset class that we can invest in which are now - would out perform if we have another financial crisis.”

“Carolyn Maloney has extensive - she's shown over and over again her creativity, her determination, her tenacity in fighting for women's rights. She has passed a host of bills in many different areas, both national and global, with both national and global importance for women, and she's on a Chair of Finance Committee so essentially in this economic crisis, we thought she would be perfect.”

“Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.”

“To be patriotic is to be able to question government policy in times of crisis. To be patriotic is to stand up for the Bill of Rights and the Constitution in times of uncertainty and insecurity. To be patriotic is to speak up against the powerful in defense of the weak and the voiceless. To be patriotic is to be willing to pay the price to preserve our freedoms, dignity, and rights. To be patriotic is to challenge the abuses of the PATRIOT Act.”