[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6073]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            BAILOUT CULTURE

  (Mr. SAM JOHNSON of Texas asked and was given permission to address 
the House for 1 minute and to revise and extend his remarks.)
  Mr. SAM JOHNSON of Texas. With all of this talk about another big 
bank bailout and protecting companies that are too big to fail, I think 
we need to bring things back into perspective. The government should 
not be in the business of picking winners and losers--especially not at 
the expense of the American taxpayer.
  America was built on freedom and free enterprise. Our Founding 
Fathers never envisioned a Big Brother government so entrenched in the 
private sector that it would prop up companies like Fannie and Freddie, 
rescue Wall Street, bail out AIG, and own car companies. What incentive 
does a corporation have to be responsible to its employees, customers, 
communities, and shareholders if it knows Uncle Sam is going to be 
there to pick up the pieces when it falls apart?
  With unemployment at 10 percent and companies hesitant to hire new 
workers, I think the Democrats should realize it's time to stop playing 
CEO with taxpayer dollars.

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