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Rehberg Opposes Permanent Wall Street Bailouts

WASHINGTON, D.C. -  Montana’s Congressman, Denny Rehberg, today released the following statement following his vote against the Wall Street Bailout Bill in the House.

"Instead of addressing the root cause of the collapse of America's banking system, Fannie Mae and Freddie Mac, this disastrous bill saddles taxpayers with permanent bank bailouts and further perpetuates the idea that some industries are "too big to fail."  Far from solving the financial crisis, this bill creates a huge new government bureaucracy and will lead to decreased credit availability for Montana's small businesses.  It takes a special sort of delusion to think the solution to government problems is more government."