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Ted Cruz vs. The Big Banks – Quote of the Day

courtesy cnn.com

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“The American Taxpayer gave Citigroup $20 billion in cash and hundreds of billions more to guarantee its bad investments – the most in cash and guarantees from the American taxpayers of any financial institution. Bank of America likewise received a taxpayer bailout of $45 billion and a guarantee of $118 billion against potential losses. In short, your banks exist today only because of the (perhaps foolish) largess of the taxpayers whose constitutional rights you are now trying restrict.” – Senator Ted Cruz in Ted Cruz rips banks’ split with gun industry, says it’s ‘designed to placate liberal activists’ [via dallasnews.com]

 

 

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