Democrats

Democrats

Cry Wolf Quotes

Currently, students have the option to choose between private and public lenders, and I am a firm believer that such choice and competition among lenders is the best proven method for reducing costs and improving services. By omitting private lenders, we would create a monopoly within the federal government regarding student loans.

-
From a statement issued by moderate representative Paul Kanjorski (D-PA) after the House approved SAFRA.

Believe such legislation would eventually seriously injure home-financing institutions which have been in existence in the country over a hundred years.

-
Telegram from G.A. Mortimer, State Building and Loan Association, Inc. in the statement of Hon. Compton I. White, Idaho Congressman, Testimony, House Committee on Banking and Currency.
05/18/1934 | Full Details | Law(s): National Housing Act

This act would affect building conditions in my State. While in many districts the population is quite dense, the districts are widely scattered. The irrigation districts are densely populated, but then there will be wide areas where there is practically no population at all. When you limit the radius to 50 miles you are putting out of business a good many of our building and loan associations because they cannot operate in an area supported by the business they will have in the small areas covered in this bill.

-
Hon. Compton I. White, Idaho Congressman , Testimony, Committee on Banking and Currency. House.
05/18/1934 | Full Details | Law(s): National Housing Act

[Government intervention would mean dealing with] a pestilential lot of spies, meddlers, and informers. The Federal Government was not created for the purpose of cutting your toe nails or corns. I believe there are millions of old women, white and black, who know more about good victuals and good eating than my friend Doctor Wiley and all his apothecary shop.

-
Representative William Adamson (D-GA)