“Congress is the only whorehouse that loses money”

It’s an old saying that if government ran something (such as a casino or the racetrack), it would lose money. American economist John Rutledge said on Fox News on May 27, 2006:
 
“Congress is the only whore house in America that loses money on a daily basis.”
 
“Congress is the only whorehouse in America that loses money” was repeated by Rutledge on other occasions and has also been used by others.
 
   
Wikipedia: John Rutledge (economist)
John Rutledge (born August 16, 1948) was one of the principal architects of the Ronald Reagan economic plan in 1980-81 and was an advisor to the George W. Bush White House on tax policy in the United States.
 
Rutledge is the Chairman of Rutledge Capital, a private equity investment firm that has invested more than $150 million in middle market manufacturing, distribution, and service companies. He is a member of the Advisory Boards of venture capital firms, hedge funds, and real estate investment firms. Rutledge is a visiting professor at the Chinese Academy of Sciences and Chief Advisor for Finance and Investment to the Governor of the Haidian District in Beijing. He is a board member of the Progress and Freedom Foundation, the Heartland Institute, and a senior fellow at the Pacific Research Institute.
   
Google Groups: cakewalk.coffeehouse
Quotable Quote
BlackHawk
4/28/06
Just heard on FOXNEWS Cavuto show guest:
 
“Congress is the only whorehouse in America that loses money.”
 
SoonerFans.com
Congress is the only Whorehouse around THAT LOSES MONEY!
RUSH LIMBAUGH is my clone!
4/28/2006, 03:38 PM
hilarious quote…talk amongst our/yourselves.
 
Fox News
Recap of Saturday, May 27
Published May 29, 2006
Forbes on FOX
In Focus: Congress or Corporate America: Which Is More Corrupt?
John Rutledge, Forbes contributor: Congress is the only whore house in America that loses money on a daily basis. When something goes wrong in the corporate suite it’s because there is a problem with governance. There’s no adult home in the chairman’s chair. But Congress does this stuff every day. The real test is, would you let your kids go spend a summer at a congressman’s house? I wouldn’t.
   
Rutledge Capital (Dr. John Rutledge) 
How big is your plane?
February 7, 2007
(...)
PS: This is not a knock on Democratic politicians. They are still amateurs in the abuse department compared with the Rebublican leaders they ousted. It’s a knock on Congress, the only whorehouse in America that loses money.
 
National Review
China Bashing Baloney
by LARRY KUDLOW, August 2, 2007 10:19 AM
(...)
JOHN RUTLEDGE: Baloney. That’s how I respond. Larry, Congress is the only whorehouse in America that loses money.
 
Twitter
Dr. John Rutledge
‏@johnrutledge
-Farm Groups Blast McCain On Anti-Subsidies Stance ...As Do Dems And Agri. Committee Leaders. WDC, the only whorehouse that loses money.
1:37 AM - 7 Oct 2008
 
Twitter
ارررررسلان  årsªlán
‏@Arsalanism
Lol RT @USDayofRageFL: Congress is the only whorehouse that LOSES money.
4:29 PM - 28 Nov 2011
   
OZY
September 28, 2016
THE SEVEN DEADLY SINS OF AMERICAN POLITICS: GREED
By Sean Braswell
WHY YOU SHOULD CARE
Because the U.S. Congress, as the old saying goes, is the only whorehouse that loses money.