Statements about Financial Regulation
Since the Fed was created in 1913, "the U.S. Dollar has lost 98% of its purchasing power."
Says that the new financial services law requires 358 regulatory filings.
Stabilizing the recent financial crisis "will cost less than 1 percent of GDP," which is less than the 2.5 percent to fix the savings and loan crisis of the 1980s.
"Your tellers were paid kickbacks for directing elderly consumers from ... safe deposits to risky ones."
The lawyer who brought the case against NationsBank said "publicly that Alex Sink had nothing to do with the case, had nothing to do with the situation and didn't know about the problems."
Says he "voted no on the Wall Street bailouts."
Says more Republicans than Democrats voted for the Wall Street bailouts.
"Newspapers say Florida made bad investments, lost hundreds of millions of dollars, billions in pension funds lost. Who was in charge of Florida's investments? Alex Sink."
"Alex Sink funneled three quarters of a million dollars in no-bid contracts to Bank of America."
The Chilean "privatization scheme" that Sharron Angle supports "has resulted in hidden fees, fewer benefits, and millions of people with no coverage."
The federal government can tell General Motors what to charge for its automobiles.
"(Jeff) Atwater's bank was so weak that just a few months ago it was shut down by the FDIC."
"Warren Buffett called credit default swaps financial weapons of mass destruction. And Greene was the first individual to use them."
Mortgage fraud is "up 400 percent in the last five years."
"Warren Buffett called (Jeff) Greene's scheme 'financial weapons of mass destruction.' "
"25 percent of our economy is the financial sector."
"As Washington debates cracking down on the big Wall Street banks, I’ve passed legislation that does so."
"If there were not derivatives, there would be no bank loans at all today."
Jeff Greene "is the king of the undercover Credit Default Swap that brought about the destruction of our economy that we have right now."
"In the case of General Motors, the (Bush) administration wrote a check without asking for any conditions of change."
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