Corporate Bailout Quotes

1971 … was the year when, for the very first time, the United States bailed out an industrial firm whose own financial management had driven it to the brink of extinction. The company was Lockheed Aircraft Corporation and the bailout was in the form of a loan guarantee worth $250 million.

Do I think it is good policy for the government to own companies? Normally, I'd say 'no.' But in my world, if a firm puts itself in a position that it needs a last minute rescue, and the future is uncertain at best, then the investor who steps into that breach ends up owning the company. Full stop.

What our economy needs is direct job creation by the government and mortgage-debt relief for stressed consumers. What it very much does not need is a transfer of billions of dollars to corporations that have no intention of hiring anyone except more lobbyists.

Look at what I am proposing, and we [wih Bernie Sanders] have a vigorous agreement here. We both want to reign in the excesses of Wall Street. I also want to reign in the excesses of Johnson Controls that we bailed out when they were an autoparts company, and we saved the auto industry, and now they want to avoid paying taxes.

Bush began helping Enron in the eighties.

I never would have believed as a candidate for the U.S. Senate that the U.S. government could buy GM without a hearing, with no vote, yes or no. There are billions and billions of dollars at stake here.

The Obama administration took rapid and decisive action to restructure GM and Chrysler. Within a fairly short period of time these companies were working effectively again.

On domestic policy, Donald Trump agreed with Barack Obama and Hillary Clinton on the Wall Street bailout, the TARP bailout of big bank. I think the government ought to be standing with mainstream, with working men and women. And then you put on top of that the ethical issues, whether it is refusing to release his taxes. And that's a real problem.

When this crisis began, crucial decisions about what would happen to some of the world's biggest companies - companies employing tens of thousands of people and holding trillions of dollars in assets - took place in hurried discussions in the middle of the night. We should not be forced to choose between allowing a company to fall into a rapid and chaotic dissolution or forcing taxpayers to foot the bill.

So, it's pretty crazy. Look, we're bailing out Wall Street, we're bailing out banks, we're bailing out car companies. In fact, did you know there's a special box on your tax form this year you can check if you want a portion of your taxes to actually go to running the government?

It pains me to see my old company, which has meant so much to America, on the ropes. But Chrysler has been in trouble before, and we got through it, and I believe they can do it again... Let's face it, if your car breaks down, you're not going to take it to the White House to get fixed. But, if your company breaks down, you've got to go to the experts on the ground, not the bureaucrats.

Solyndra will be remembered in the history books as a sad hallmark of a newly installed administration that felt it was above the rules, lusting for positive headlines rather than focused on delivering results.

The person to protect is the American taxpayer. We deserve to be protected, not Lockheed.

When we are asked to bail out corporations and banks, or pass tax bills that shift billions in public dollars out of government, we must ask ourselves, who were we truly sent here to advocate for?

The gang that trashed the town was now back in town to trash it even more and you'll never guess.. they decided that the only way to save an economy brought to its knees by their collective actions and the banking system they represent was to, well, no, surely not.. hand trillions of taxpayer-borrowed dollars to the Rothschild-controlled banks and insurance companies like CitiGroup, J. P. Morgan, AIG and a long list of others.

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

Thousands are losing their jobs and homes, while corporations are being bailed out with billions of dollars.

I’m a capitalist, not a corporatist. I’m not someone who believes we should be bailing out corporations whether their auto industries, or banks.

Imminent GM bankruptcy was always fiction, created by Wall Street and the media.

Obama had to save the banks, sure, but he didn't have to save the bankers and the shareholders and the bondholders. We broke the rules of capitalism in order to save those at the top - as we always do.

Progressive visions pale and are smashed next to the normalization of market-driven government policies that wipe out pensions, eliminate quality health care, punish unions, demonize public servants, raise college tuition, and produce a harsh world of joblessness - all the while giving billions and huge bonuses, instead of prison sentences... to those bankers and investment brokers who were responsible for the 2008 meltdown of the economy and the loss of homes for millions of Americans.

'Too big to fail' is fine for restaurant chains. If Denny's fails, it's fine for this economy. You can always go down to the TGIFs. But that's not the same for large-scale investment companies.