Quotes About Bailout

#1. 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.

Robert Kiyosaki

#2. Government-imposed loan standards precipitated a banking crisis, which was solved by a government bailout and control of the banks. As a result, little by little, fewer and fewer are making more and more banking decisions. Government

David Jeremiah

#3. Your story is for - voting for every disastrous trade agreement, and voting for corporate America. Did I vote against the Wall Street bailout?

Bernie Sanders

#4. The government cannot become a bailout organization for companies on the verge of bankruptcy.

Martin Winterkorn

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

Michele Bachmann

#6. 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

#7. 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.

Robert Gibbs

#8. 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

#9. My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up.

Peter Schiff

#10. 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.

Michael Moore

#11. A contingent bailout policy - implicit or explicit - must be coupled with some regulation of what banks can and cannot do. For example, a ban on lending to uncreditworthy customers might well make sense.

Eric Maskin

#12. I dont know of one group of people thats more disliked than politicians
it may be the folks who gave us the Wall Street bailout. And thats where Mitt Romney comes from.

Rick Santorum

#13. Governor Romney supported the bailout of Wall Street and decided not to support the bailout of Detroit.

Rick Santorum

#14. 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

#15. I opposed the Medicare prescription drug entitlement. I opposed the Wall Street bailout. I opposed the stimulus bill.

Mike Pence

#16. The Great Bailout is mostly over for the banks. But for those troubled behemoths of the nation's housing bust, Fannie Mae and Freddie Mac, the lifeline from Washington just keeps getting longer.

Charles Duhigg

#17. 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.

Robert Kiyosaki

#18. Any bailout of a private company is a bad decision by our federal government. Private companies have the right to succeed, but they also should have the right to fail.

Matt Salmon

#19. 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.

Martin Schulz

#20. If the election had turned out differently, I could be the one overseeing the signing of bailout checks and Vice President Biden could be on the road selling his book 'Going Rogaine.'

Sarah Palin

#21. I didn't know you were Catholic. (to Treasury Secretary Henry Paulson as he got down on one knee to beg Pelosi to find Democratic support for the bailout bill)-2008

Nancy Pelosi

#22. The bailout of Fannie Mae is completely off the books. It's going to cost us hundreds of billions of dollars. Yet nobody is placing this in any type of column in accounting for federal debt.

Leonard Lance

#23. I have trouble understanding why taking a few grand a year in food stamps is somehow magically different than taking trillions as a bailout. Food stamps cost $76.4 billion for 2013, compared with trillions, possibly hundreds of those, for the banks.

Linda Tirado

#24. 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.

Mike Pence

#25. 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.

Lou Jiwei

#26. 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.

Bob Beauprez

#27. 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

#28. I won't dispute that bankers' privileged treatment in the 2008 crash merits populist scorn. But unfortunately, without a bank bailout, there probably would have been a worldwide depression.

Timothy Noah

#29. If your bank took bailout money, take your money out of that bank and put it in a credit union. Credit unions are owned by the people who have their money in the credit union.

Michael Moore

#30. Bailing out people who made ill-advised mortgages makes no more sense that bailing out people who lost their life savings in Las Vegas casinos.

Thomas Sowell