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Any bailout of a private company is a bad decision by our federal government. Private companies have the right to succeed, but they also should have the right to fail.

It's time to believe again in the potential of private enterprise set free from the shackles of over-bearing federal government.

My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It will cost the economy more than the cost of the bailout which is more than the politicians think. We'll run into the hundred of millions to prop these companies up.

As Republicans, our challenge is to become a pro-market party and not be a pro-business party.

You don't set up an implicit promise from the federal government that everybody is getting bailed out.

Bailing on a company is just something you don't do.

As conservatives, we support free market principles and believe the private sector provides solutions that the government cannot.

Both Mitt Romney and Newt Gingrich supported the Wall Street bailout.

Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.

In the Republican Party, we talk all the time about the importance of free markets and open competition. It seems to me that if we don't practice what we preach, we won't have much credibility with others.