Quote of the day: 'How much talent does it take to lose $6 billion a quarter?'

Quoteoftheday

“Recently, I signed onto a letter opposing bonuses given to Fanny Mae and Freddy Mac executives. It was $12 million worth of bonuses, and these executives are already averaging several million dollars a year in salary. The argument that came back from Fanny Mae and Freddy Mac was, 'We need to pay people to keep talent.' My response to that was, 'How much talent does it take to lose $6 billion a quarter?' I said, 'I think I can hire a lot of guys off the street that can lose $6 billion a quarter for you.'" --U.S. Sen. Rand Paul, R-Ky, in this month's Lane Report. (Read the entire interview here.)