Mortgage Crisis Quotes

• What caused the economic collapse 2008? It was the subprime mortgage crisis.

  Rush Limbaugh

  Mortgage, Economic, Crisis

  Source: www.rushlimbaugh.com

  4 Copy quote

  Show source

• When I was a Senator from New York, I represented and worked with so many talented principled people who made their living in finance. But even thought I represented them and did all I could to make sure they continued to prosper, I called for closing the carried interest loophole and addressing skyrocketing CEO pay. I also was calling in '06, '07 for doing something about the mortgage crisis, because I saw every day from Wall Street literally to main streets across New York how a well-functioning financial system is essential.

  Hillary Clinton

  New York, Wall, People

  Source: www.buzzfeed.com

  6 Copy quote

  Show source

• Barack Obama is telling the banking industry what it can and can't charge and what profit he will accept and what level of profit he won't accept. Bill Clinton and Jimmy Carter came up with this scheme that resulted in the subprime mortgage crisis. They said it was unfair that poor and minority people didn't have houses, so we're basically gonna give 'em houses. How are we gonna do that? We're going to make the banks loan them money, knowing full well they can't pay it back.

  Rush Limbaugh

  Knowing, People, Giving

  Source: www.rushlimbaugh.com

  4 Copy quote

  Show source

• There was a direct jobs program from the Rooselvelt administration in the 1930s. The Justice Department has set up a task force to investigate the banks and the mortgage crisis but that's a little too late. Whenever they report they will report the obvious. It will be too late to impact the people who need the help the most.

  Jesse Jackson

  Jobs, Impact, People

  Source: praisecharlotte.hellobeautiful.com

  7 Copy quote

  Show source

• he economy favors throughput over quality and craftsmanship, and economists are terrified because the American savings rate has crept upward from about zero to almost five percent. But the mortgage crisis and the burgeoning credit card crisis are causing Americans to become wary of irresponsible debt.

  Denis Hayes

  Zero, Quality, Cards

  Source: therumpus.net

  4 Copy quote

  Show source

• If you followed this economic crisis and you do not think that the world is getting flatter, you are not paying attention. We saw the entire global economy at one time acting totally in sync. The real truth is the world is even flatter than I thought. Our mortgage crisis is killing Deutsche Bank. You still don't think the world is flat?

  Thomas Friedman

  Real, Thinking, Acting

  4 Copy quote

• I love business. I love helping urban communities grow. I love putting people to work of color. I love making sure - like right now the whole mortgage crisis, I want to help people get back into their homes.

  Magic Johnson

  Business, Home, Color

  "Magic Johnson's New Book on Entrepreneurial Success". "Hannity & Colmes", www.foxnews.com. November 19, 2008.

  7 Copy quote

  Show source

• A competent and self-confident person is incapable of jealousy in anything. Jealousy is invariably a symptom. Just like right now with the whole mortgage crisis, I want to help people get back into their homes.

  Magic Johnson

  Home, Self, People

  4 Copy quote