19 Bailout Quotes for You to Enjoy

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

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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

Government You Business Rich Incompetence Cheat Fail Bailout Protected Go May Politically Jail Your Connected

We never intend to lose our jobs, break up with our live-in loves, or face any number of the curveballs life throws our way. But they happen all the same, so have a bailout plan just in case. Sounds corny, but I call this the 'freedom fund' because it gives you the freedom to get out of a jam without climbing into debt. Alexa Von Tobel

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In September 2008 - as Lehman Brothers filed for bankruptcy and AIG, the world's biggest insurance company, accepted a federal bailout - Senator John McCain of Arizona, in what was widely viewed as a political move, suspended his presidential campaign and called on Obama to rush back to Washington for a bipartisan meeting at the White House. Andrew Ross Sorkin

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I think, with Hank Paulson, the concept of a bailout was anathema to him from day one. He was a Republican; he's a free marketeer. He believes in capitalism, and part of capitalism is believing in failure. And so the idea of bailing out an institution, I think, went against every part of him. Andrew Ross Sorkin

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

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I don't know if a government bailout will rescue America's auto industry, but I do know that if there is a bailout, it better come with a big, bright stop sign and lots of strings attached. Campbell Brown

Government Better Will Big Strings Sign Attached Bailout Come Know Industry Lots America Auto Auto Industry Stop Rescue Bright

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

Great Nation Mac Those Lifeline Troubled Longer Over Bailout Mostly Housing Getting Just Banks Bust Washington Keeps

Don't reward bad behavior. It is one of the first rules of parenting. During the financial cataclysm of 2008, we said it differently. When we bailed out banks that had created their own misfortune, we called it a 'moral hazard,' because the bailout absolved the bank's bad acts and created an incentive for it to make the same bad loans again. Eliot Spitzer

Parenting Financial Behavior Reward First Own Rules Out Bad Moral Bad Behavior Misfortune Hazard Had Bailout Make Because Said Same Bank Banks Again Created Incentive Acts Differently Loans

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

State constitutions typically provide that the state first has to service its debt, then make it pension payments, and then pay for services. What we don't know is whether that order will be enforced. And ultimately, the busted state is going to be looking to the federal government for a bailout. Think Greece, but on a much bigger scale. Eugene Fama

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The Tea Party movement started in late 2008 as a rejection of President George W. Bush's bailout of the auto industry and Obama's excessive stimulus spending. It evolved into a movement opposed to ObamaCare, and grassroots efforts were employed to find qualified political candidates who could beat incumbents. Katie Pavlich

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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

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. Michele Bachmann

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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

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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

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In truth, it's not the shareholders of the American International Group who benefited most from its bailout; they were mostly wiped out. The great beneficiaries have been the creditors and counterparties at the other end of A.I.G.'s derivatives deals - firms like Goldman Sachs, Merrill Lynch, Deutsche Bank, Societe Generale, Barclays and UBS. Tyler Cowen

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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. P. J. O'Rourke

Truth Peace Blame Speak Benefits Power Gone Liberal Corps Some Object Reluctant Joined Journalism Bailout Robert Mostly Print Subsidize May Africa Being Taxpayers Should Who Grounds Peace Corps Elite Careers

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