“I am outraged that taxpayers are having to foot the $700 billion bill to clean up the mess made by greedy Wall Street investors and mortgage lenders. This is what happens when John Cornyn takes nearly $1.5 million from the perpetrators of the crisis, spends six years championing an anything goes culture on Wall Street, and abdicates his duty to protect Texans from Wall Street greed. Cornyn’s special interest record is something Texans have come to expect but can no longer afford.

I believe:

• Any new bailout must contain provisions to help middle class Americans keep their homes and their retirement security. Americans need to hold Wall Street accountable for its failures, just as Americans need to hold their elected representatives accountable for their failures to address this before it became a $700 billion problem.

• The need for oversight and accountability of any new bailout is more important than ever. These firms are should not get a blank check from the taxpayers.

• We need to rein in the out of control pay and golden parachutes of the CEOs who got us into this mess.”

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