Government takeover
Cry Wolf Quotes
Taken as a whole, the effect of the creation of the insurance corporation is to put the Government directly into the lending business, not only for the repair of homes, but for the installation of frigidaires, water heaters, and other equipment, and as to which there would be no lien whatever. Furthermore, it puts the Government directly into the business of lending as much as 80 percent for the construction of new homes, and an unlimited percent for low-cost housing. The practical application of this act would be to drive existing lending institutions out of business; and by reason of loans where there is no security, will mean untold losses to the Government.
I would hope we would never get into a position that we’d have to tell our customers they can’t buy certain cars because of the mileage requirements.
You are about to lose a substantial amount of advertising revenue from food, cosmetic and drug manufacturers…You need to bring all the personal pressure you can upon your Senators and Representatives. You need to enlighten and thereby arouse your public against this bill that is calculated to greatly restrict personal rights….We would be only one of the many drug, cosmetic, and food advertisers who will be forced to liquidate in this manner.
The two portions of this bill to which I have constantly and consistently voiced objections, and which are of such overriding significance that they are determinative of my vote on the entire measure, are those which would embark the Federal Government on a regulatory course of action with regard to private enterprise in the area of so-called public accommodations and in the area of employment—to be more specific, titles II and VII of the bill. I find no constitutional basis for the exercise of Federal regulatory authority in either of these areas; and I believe the attempted usurpation of such power to be a grave threat to the very essence of our basic system of government; namely, that of a constitutional republic in which 50 sovereign States have reserved to themselves and to the people those powers not specifically granted to the Central or Federal Government.
