Top 54 Bailouts Quotes & Sayings

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Last updated on November 23, 2024.
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.
I think the only thing that really can be done - it would be painful, but less painful than the calamity we're heading toward - is to demand that people be responsible for their private obligations. No more bailouts, no more stimulus, no cash for clunkers.
There is no one in America more qualified to talk about bailouts than Mitch McConnell. — © Matt Bevin
There is no one in America more qualified to talk about bailouts than Mitch McConnell.
The government - the ultimate short-term-oriented player - cannot withstand much pain in the economy or the financial markets. Bailouts and rescues are likely to occur, though not with sufficient predictability for investors to comfortably take advantage. The government will take enormous risks in such interventions, especially if the expenses can be conveniently deferred to the future. Some of the price-tag is in the form of back- stops and guarantees, whose cost is almost impossible to determine.
I think the bailouts in 2008 were wrong. And I think, you look in hindsight, it was a lot of misinformation that was presented about the bailouts of the banks in the West.
Most Ohioans would be surprised to know that the same Wall Street megabanks which received bailouts from taxpayers in 2009 also receive taxpayer-funded advantages today simply because of their 'too big to fail' status.
We have been dealt a very weak hand by the financial market meltdown, bailouts, and recession. We can't act like it's a strong one.
Now that the most interesting matter of identity is not what place someone was born in, but what point in time they are from - where they sit in relation to time. Age has become much more divisive than place. With the Internet and globalization, a twenty-year-old in New York has far more cultural references in common with a twenty-year-old in Nebraska than they do with a thirty-year-old who lives next door. National identity is what they trick you with when they want your feet in their army boots or your taxes in their bailouts.
Bailouts may have been more tolerable in the early 1990s when they were rare and their use for a failing bank was uncertain. That is no longer the case.
We paid for this instead of a generation of health insurance, or an alternative energy grid, or a brand-new system of roads and highways. With the $13-plus trillion we are estimated to ultimately spend on the bailouts, we could not only have bought and paid off every single sub-prime mortgage in the country (that would only have cost $1.4 trillion), we could have paid off every remaining mortgage of any kind in this country - and still have had enough money left over to buy a new house for every American who does not already have one.
Financial institutions are not being bailed out as a favor to them or their stockholders. In fact, stockholders have come out worse off after some bailouts. The real point is to avoid a major contraction of credit that could cause major downturns in output and employment, ruining millions of people, far beyond the financial institutions involved. If it was just a question of the financial institutions themselves, they could be left to sink or swim. But it is not.
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.
I have never believed in the fallacy that the federal government can buy its way out of economic troubles through needless spending. For that reason, I am proud to oppose 'stimulus' packages and endless corporate bailouts, which will do little but weaken the long-term integrity of the American economy.
We are living in a time when the very integrity of the Constitution is being threatened daily, from federal bailouts to federal assumption of control over private business.
Government bailouts are like potato chips: You can't stop with just one. — © Thomas Sowell
Government bailouts are like potato chips: You can't stop with just one.
While the banks got big bailouts, a sizeable chunk of African-American wealth evaporated because so many people lost homes.
During the financial crisis and bailouts of 2008, it probably occurred to very few average people that we were entering a period of hardship for billionaires.
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.
As bank customers, we tend to believe that we can have both perfect security for our money, drawing on it whenever we want and never expecting it not to be there, while still earning a regular rate of return. In a true free market, however, there tends to be a tradeoff: you can enjoy a money warehouse or you can hope for a return on your investment. You can't usually have both. The Fed, however, by backing up this fractional-reserve system with a promise of endless bailouts and money creation, attempts to keep the illusion going.
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.
Berlin has traditionally backed a rules-based eurozone in which every member state is responsible for its own finances, including bank bailouts, with political union limited to a fiscal overlord's possessing veto power over national budgets that violate the rules.
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.
Public anger over bank bailouts was as much about fairness as the billions of dollars spent.
I supported some very, very objectionable things in terms of bailouts or rescues, but I did it not for Wall Street, but for the American people.
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.
The Europeans waited so long that they are impacting people who depend on their pensions. We are still early enough to fix it for the next generation. A few states have started scaling back their programs, while others have come hat in hand for billion-dollar federal bailouts.
Well you know I'm very supportive of what the Tea Party is trying to do. They're very concerned with spending, the deficit, the bailouts, you know all of those kinds of things. But I really think that the strength of the Tea Party is being a grassroots movement.
The people of Kentucky have had enough. They have had enough of bailouts for Wall Street banks.
Whether it is Obamacare, the stimulus, Wall Street bailouts, the food safety bill - on vote after vote, Bill Nelson has chosen to side with Harry Reid, Nancy Pelosi, and President Obama over the people of Florida.
Trillion-dollar bailouts, bloated budgets, and boondoggle spending packages aren't working, at least for my friends and neighbors.
We have the idea of saying that put limitations on bailouts, so that the bailouts don't occur in the future, so that we don't have to do the - look to see AIG situations or Bear Stearns situations or the Fannie Mae or Freddie Mac, which is probably going to be more money spent on those two institutions than the Congress spent on the TARP program.
Subsidies and bailouts cannot compensate for uncertain or permanently diminished market access.
If there is no cost to be paid for the indiscriminate dumping of pollution into the earth's atmosphere, then it should be a surprise to no one that today we will dump another 70 million tons of global warming pollution into the thin shell of atmosphere surrounding our planet. ... We have to [act] this year, not next year. Mother Nature does not do bailouts.
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.
What our family has done is participate in the farm programs. And so the farm programs I think essentially almost every farmer in South Dakota has participated in those, and they haven't been bailouts, they have been programs that the United States has put forward for farmers to participate in.
We don't need subsidized corporate welfare schemes that rely on endless bailouts from the taxpayer. — © Pierre Poilievre
We don't need subsidized corporate welfare schemes that rely on endless bailouts from the taxpayer.
I think Ben Bernanke and Tim Geithner shared the view that they shouldn't be in the business of bailouts, but you know, you're not in the business of bailouts until you frankly think you need to be.
If you think about those bailouts that happened in 2008, that was a situation in which the government gave, at our expense, enormous sums of money to some of the richest people who have ever existed on Earth.
Subsidies and mandates are just two of the privileges that government can bestow on politically connected friends. Others include grants, loans, tax credits, favorable regulations, bailouts, loan guarantees, targeted tax breaks and no-bid contracts.
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.
Mother Nature does not do bailouts.
If the 'Athens Spring' - when the Greek people courageously rejected the catastrophic austerity conditions of the previous bailouts - has one lesson to teach, it is that Greece will recover only when the European Union makes the transition from 'We the states' to 'We the European people.'
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.
It appears that Wall Street is not acting as a force for economic expansion, providing access to capital for companies that make things. Rather, it seems, Wall Street is using government bailouts to lever up.
As Americans, we shouldn't like bailouts. Where I come from, if someone takes a risk and they're going to make the profit from that risk, they shouldn't have the taxpayer pay for the losses.
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.
Our government has failed us. From the billion-dollar bailouts to the 'stimulus' package that failed to stimulate to the government takeover of health care, you cried 'Stop!'... but the Democratic Majority in Washington has refused to listen.
It's not often one gets the chance to write this but, when it comes to the bailouts, especially the euro bailouts, Marxists are right. Working people are being forced to support a privileged few.
In Washington, we've seen enough tax hikes, government takeovers, bailouts, and other big government solutions under Speaker Pelosi's control. — © Kevin McCarthy
In Washington, we've seen enough tax hikes, government takeovers, bailouts, and other big government solutions under Speaker Pelosi's control.
We should not be borrowing money from the Chinese to bail out the Greeks. What's coming next? Intergalactic bailouts?
My brother and my father both got laid off around the same that I was starting to do this movie 'Chavez.' And at the same time, it was when all the bailouts were happening.
I think the bailouts in 2008 were wrong.
Trillions of dollars are being spent in the name of 'saving' the economy: bailouts, 'stimulus,' omnibus spending bills, budgets, government takeovers of the auto, health care and energy industries, all of which require ever more spending.
Stimulus spending, permanent bailouts, government takeovers, and federal mandates have all failed our nation. America's employers are afraid to invest in an economy racked with uncertainty over what Washington's next set of rules, regulations, mandates, and tax hikes will look like.
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