A Quote by Barack Obama

Food Stamp recipients didn't cause the financial crisis; recklessness on Wall Street did.

Barack Obama

Quote Topics

Food Cause Crisis Did Financial Financial Crisis Recklessness Stamp Street Wall Wall Street

Quote Author

Barack Obama
American - President
Born: August 4, 1961

The Mexican debt crisis, Latin American debt crisis, the crises of the 1990s, the Wall Street stock market crash, and other events should have reminded us, and did remind us, that financial instability remains a concern, remains a problem.

Ben Bernanke

On Wall Street, financial crisis destroys jobs. Here in Washington, it creates them. The rest is just details.

Timothy Noah

Jeff Bezos is on his way to becoming the wealthiest American, and by giving away his product at much reduced prices to food stamp recipients, he's building a moat around his life to where the pitchforks and the barbarians will avoid him 'cause they'll think he's on their side.

Rush Limbaugh

Wall Street is not being made a scapegoat for this crisis: they really did this.

Michael Lewis

'Nobody goes to jail.' This is the mantra of the financial-crisis era, one that saw virtually every major bank and financial company on Wall Street embroiled in obscene criminal scandals that impoverished millions and collectively destroyed hundreds of billions, in fact, trillions of dollars of the world's wealth - and nobody went to jail.

Matt Taibbi

A collapse in U.S. stock prices certainly would cause a lot of white knuckles on Wall Street. But what effect would it have on the broader U.S. economy? If Wall Street crashes, does Main Street follow? Not necessarily.

Ben Bernanke

I think the money for the solutions for global poverty is on Wall Street. Wall Street allocates capital. And we need to get capital to the ideas that are successful, whether it's microfinance, whether it's through financial literacy programs, Wall Street can be the engine that makes capital get to the people who need it.

Kabir Sehgal

That Wall Street has gone down because of this is justice ... They built a castle to rip people off. Not once in all these years have I come across a person inside a big Wall Street firm who was having a crisis of conscience.

Steve Eisman

I heard governor Romney here called me an economic lightweight because I wasn't a Wall Street financier like he was. Do you really believe this country wants to elect a Wall Street financier as the president of the United States? Do you think that's the experience that we need? Someone who's going to take and look after as he did his friends on Wall Street and bail them out at the expense of Main Street America.

Rick Santorum

Once again, the puppets on Capitol Hill are about to slam the Muppets on Main Street. The country still hasn't recovered from the Wall Street-induced financial cataclysm of 2008, yet Congress is preparing to enact the Orwellian 'JOBS Act' - a bill that should in fact be called the 'Return Fraud to Wall Street in One Easy Step Act.'

Eliot Spitzer

... the loss of public confidence in the financial community growing out of its own conduct in recent years. I insist that more damage has been done to stock values and to the future of equities from inside Wall Street than from outside Wall Street.

Benjamin Graham

After all, Wall Street is clearly the most powerful lobbying force on Capitol Hill. From 1998 through 2008, the financial sector spent over $5 billion in lobbying and campaign contributions to deregulate Wall Street.

Bernie Sanders

Being on food stamps can be demeaning. Cashiers know the difference between the new plastic SNAP cards and a credit card. Some food stamp recipients say some cashiers have made them feel uncomfortable and embarrassed.

Donna Brazile

The single most remarkable (and revealing) fact of the Obama presidency may very well be the lack of a single prosecution of Wall Street executives for the massive fraud that precipitated the 2008 financial crisis.

Glenn Greenwald

Wall Street shouldn't be deregulated. I think Wall Street and Main Street need to play by the same set of rules. The middle-class can't carry the burden any longer, that is what happened in the last decade. They had to bail out Wall Street.

Stephanie Cutter

There has been a banking crisis, a financial crisis, an economic crisis, a social crisis, a geostrategic crisis and an environmental crisis. That's considerable in a country that's used to being protected.

Jean-Francois Cope

A Quote by Barack Obama

Quote Topics

Quote Author

Related Quotes

Related Authors