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00:00:02	none, - MADE POSSIBLE BY THE NATIONAL CAPTIONING INSTITUTE, INC., IN COOPERATION WITH THE UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED...
00:00:52	THE SPEAKER PRO TEMPORE, - SPEAKER OF THE HOUSE OF REPRESENTATIVES. THE SPEAKER PRO TEMPORE: THE PRAYER WILL BE OFFERED BY OUR CHAPLAIN, FATHER
00:01:00	THE CLERK, - COUGHLIN. CHAPLAIN COUGHLIN: SAVE YOUR PEOPLE, LORD, AND BLESS YOUR INHERITANCE. GOVERN AND UPHOLD THEM NOW AND ALWAYS. DAY BY DAY WE BLESS YOU. WE...
00:01:15	THE SPEAKER PRO TEMPORE, - YOUR NAME FOREVER. KEEP US TODAY, LORD, FROM ALL EVIL. HAVE MERCY ON US, LORD. HAVE MERCY FOR WE PUT OUR TRUST IN YOU. IN YOU, LORD, IS OUR HOPE AND...
00:01:58	THE SPEAKER PRO TEMPORE, - MR. WILSON. THE PLEDGE WILL BE LED BY THE GENTLEWOMAN FROM NORTH CAROLINA, MS. FOXX. MS. FOXX: WOULD YOU PLEASE JOIN ME IN THE PLEDGE TO OUR WONDERFUL...
00:02:27	Foxx, Virginia - U.S. Representative, [R] North Carolina ALL. THE SPEAKER PRO TEMPORE: PURSUANT TO CLAUSE 8 OF RULE 20, PROCEEDINGS WILL RESUME ON QUESTIONS PREVIOUSLY POSTPONED. VOTES WILL BE TAKEN IN THE
00:03:09	THE SPEAKER PRO TEMPORE, - FO
00:29:39	Unidentified Speaker, - MR. MCGOVERN: MADAM SPEAKER, I SEND TO THE DESK A PRIVILEGED CONCURRENT RESOLUTION AND ASK FOR ITS IMMEDIATE CONSIDERATION. THE SPEAKER PRO TEMPORE:...
00:45:52	McGovern, James "Jim" - U.S. Representative, [D] Massachusetts PURSUANT TO THIS CONCURRENT RESOLUTION, BY ITS MAJORITY LEADER OR HIS DESIGNEE,
00:45:58	THE SPEAKER PRO TEMPORE, - IT STAND ADJOURNED UNTIL 11:00 A.M. ON
00:46:01	THE CLERK, - SATURDAY, JANUARY 23, 2009, OR UNTIL THE TIME OF ANY REASSEMBLY PURSUANT TO SECTION 2 OF THIS CONCURRENT RESOLUTION, WHICH EVER OCCURS FIRST. AND...
01:05:27	Unidentified Speaker, - PURSUANT TO HOUSE RESOLUTION 1517, I CALL UP FROM T SPEAKER'S TABLE THE BILL H.R. 3997, THE EMERGENCY ECONOMIC IS LAID UPON THE TABLIZATION ACT OF 2008...
01:26:59	THE SPEAKER PRO TEMPORE, - AMENDMENT, MOTION OFFERED BY MR. FRANK TO CONCUR IN THE SENATE AMENDMENT TO THE HOUSE AMENDMENT TO THE SENATE AMENDMENT WITH AN
01:27:06	THE CLERK, - AMENDMENT. MR. FRANK: MADAM SPEAKER. THE SPEAKER PRO TEMPORE: THE GENTLEMAN WILL SUSPEND. MEMBERS WILL TAKE THEIR SEATS. OR REMOVE THEIR CONVERSATIONS...
01:27:29	MR. FRANK, -
01:27:30	THE SPEAKER PRO TEMPORE, - SEATS. PURSUANT TO HOUSE RESOLUTION 1517, THE GENTLEMAN FROM MASSACHUSETTS, MR. FRANK, AND THE GENTLEMAN FROM ALABAMA, MR. BACHUS, EACH WILL CONTROL...
01:28:08	Etheridge, Bob - U.S. Representative, [D] North Carolina RECOGNIZED. MADAM SPEAKER, --
01:28:17	THE SPEAKER PRO TEMPORE, - MR. FRANK: MADAM SPEAKER,
01:28:20	MR. FRANK, - RARELY HAVE THE MEMBERS SO MANY REASONS
01:28:22	THE SPEAKER PRO TEMPORE, - WISHING WE WERE NOT HERE. FIRST IT WAS A COUPLE DAYS INTO WHAT WAS SUPPOSED TO BE THE TIME WHEN MEMBERS COULD RETURN TO THEIR DISTRICTS TO ENGAGE IN CAMPAIGNING....
01:28:40	Frank, Barney - U.S. Representative, [D] Massachusetts THAT. SECONDLY, MEMBERS WOULD RATHER NOT BE HERE BECAUSE THIS IS A TOUGH VOTE. THIS IS A VOTE WHERE MANY OF US FEEL THAT THE NATIONAL INTEREST REQUIRES...
01:37:04	THE SPEAKER PRO TEMPORE, - TODAY. THIS IS PROBABLY THE TOUGHEST VOTE ANY OF US HAS TAKEN SINCE WE'VE BEEN IN CONGRESS. IF IT YOU JUST SOLELY RELY ON THE PHONE
01:37:12	MR. BACHUS, - CALLS WE'RE GETTING FROM HOME AND LISTEN TO PEOPLE WHO REALLY DON'T UNDERSTAND THE COMPLEXITY OF OUR MARKETPLACE AND WHAT WE'RE
01:37:17	THE SPEAKER PRO TEMPORE, - TRYING TO DEAL WITH HERE, THE EASIEST VOTE
01:37:19	Miller, Gary G. - U.S. Representative, [R] California FOR YOU TO MAKE WOULD BE A NO VOTE TODAY. BUT YOU HAVE TO GO BEYOND THAT. YOU HAVE TO SAY WHAT HAPPENS TO THE FAMILY NEXT WEEK WHO WANTS TO BUY A HOUSE...
01:41:54	THE SPEAKER PRO TEMPORE, - SPEAKER. I THANK THE GENTLEMAN FOR YIELDING TIME. THERE'S PROBABLY NO
01:41:57	Frank, Barney - U.S. Representative, [D] Massachusetts WORSE INSTANCE TO BE DOING LEGISLATION THAN HAVING TO DO IT IN RESPONSE TO A CRISIS. LEGISLATING TO CLEAN UP A MESS
01:42:10	THE SPEAKER PRO TEMPORE, - IS JUST NOT
01:42:13	Watt, Melvin - U.S. Representative, [D] North Carolina FUN AS IT IS IF YOU DO SOMETHING THOUGHTFULLY LOOKING FORWARD TO TRY TO PREVENT A MESS FROM OCCURRING. AND WE'VE BEEN FOR THE LAST SEVERAL YEARS TRYING...
01:45:20	THE SPEAKER PRO TEMPORE, - YIELD TO THE GENTLEMAN FROM FLORIDA, MR. PUTNAM, FOR AS MUCH TIME AS HE MAY CONSUME.
01:45:25	MR. BACHUS, - THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM FLORIDA IS RECOGNIZED. MR. PUTNAM: THANK YOU, MADAM
01:45:30	THE SPEAKER PRO TEMPORE, - SPEAKER. I THANK THE GENTLEMAN FROM ALABAMA FOR
01:45:33	MR. LEWIS, - YIELDING. THERE'S NO AN OLD CHINESE PROVERB MAY YOU LIVE
01:45:37	THE SPEAKER PRO TEMPORE, - IN INTERESTING TIMES. THESE ARE INTERESTING AND
01:45:39	MR. BACHUS, - REMARKABLE TIMES. THE PAST TWO WEEKS WE HAVE SEEN THE FIVE LARGEST INVESTMENT BANKS
01:45:46	THE SPEAKER PRO TEMPORE, - IN THE UNITED STATES BE REDUCED TO
01:45:49	Putnam, Adam - U.S. Representative, [R] Florida TWO. LAST WEEK THE LARGEST BANK IN THE UNITED STATES FAILED. OVER 2,000 BRANCHES SPREAD OUT ACROSS THIS COUNTRY, RETAIL OUTLETS, WHERE ORDINARY AMERICANS,...
01:56:19	THE SPEAKER PRO TEMPORE, - SOME MAJOR QUESTIONS, MADAM SPEAKER, TO BE ANSWERED ABOUT A BAILOUT PACKAGE THAT FAILS TO ADDRESS
01:56:24	Frank, Barney - U.S. Representative, [D] Massachusetts THE ROOT CAUSE OF THE FINANCIAL CRISIS FACING OUR
01:56:29	THE SPEAKER PRO TEMPORE, - NATION. ONE THAT DOES LITTLE
01:56:32	Woolsey, Lynn - U.S. Representative, [D] California OR NOTHING TO SECURE THE UNDERLYING PROBLEM OF MORTGAGE FORECLOSURE AND ECONOMIC SUFFERING THAT HARDWORKING AMERICANS ARE FACING EVERY SINGLE DAY. ...
01:58:28	THE SPEAKER PRO TEMPORE, - THERE WILL ALWAYS BE TIME AND PRETEXT ENOUGH
01:58:31	MR. BACHUS, - FOR PEOPLE TO COMPROMISE THEIR PRINCIPLES AND PUT FORWARD PUBLIC POLICY
01:58:36	THE SPEAKER PRO TEMPORE, - THAT MAY IN THE SHORT RUN BE POPULAR BUT IN THE LONG
01:58:39	McCotter, Thaddeus "Thad" - U.S. Representative, [R] Michigan RUN WILL BE DETRIMENTAL TO THE LONG-TERM INTEREST OF THE AMERICAN PEOPLE. WE LEARN THIS THROUGH HISTORY. IN THE 1832 BANK PANIC, ANDREW JACKSON HAD...
02:01:26	THE SPEAKER PRO TEMPORE, - ECONOMY. I DON'T KNOW ANYONE WHO COULD HAVE UNDERSTOOD THE INTRA CAN SEES OF THIS -- INTRACASIES OF THIS BILL, NAVIGATED CONGRESS' POLITICAL
02:01:34	MR. FRANK, - WATERS AS SKILLFULLY AS YOU HAVE. WHEN THIS BILL PASSES
02:01:38	THE SPEAKER PRO TEMPORE, - AND THE MARKETS HAVE STABILIZED, IT WILL BE TO YOUR CREDIT.
02:01:42	Moran, James "Jim" - U.S. Representative, [D] Virginia AND PERHAPS MORE IMPORTANTLY WHEN THE TAXPAYER REAPS THE BENEFIT OF THIS BILL THEY WILL LOOK BACK TO YOUR LEADERSHIP AND YOUR LEGACY. I WANT TO SAY...
02:05:03	THE SPEAKER PRO TEMPORE, - MANY OF US WILL CAST IN OUR CONGRESSIONAL CAREERS. WE ARE ALL CONCERNED ABOUT THE STATE OF OUR ECONOMY. WE ARE ALL CONCERNED ABOUT
02:05:09	MR. BACHUS, - THE STATE OF OUR CAPITAL MARKETS. WHAT HAS INFECTED WALL STREET
02:05:14	THE SPEAKER PRO TEMPORE, - MAY SOON REACH MAIN STREET.
02:05:18	Hensarling, Jeb - U.S. Representative, [R] Texas AND ACTION HAS NEVER BEEN AN OPTION BUT, AGAIN, THE PAULSON PLAN SHOULD NEVER HAVE BEEN OUR ONLY OPTION. I FEAR OTHER OPTIONS, MADAM SPEAKER, HAVE NEVER...
02:08:32	THE SPEAKER PRO TEMPORE, - THE RESPONSIBILITY OF RAISING AND
02:08:34	MR. HENSARLING, - MAINTAINING THE MILITARY OF OUR COUNTRY. OUR FOUNDING FATHERS
02:08:37	THE SPEAKER PRO TEMPORE, - WERE WISE TO PUT THIS POWER IN THE
02:08:40	Frank, Barney - U.S. Representative, [D] Massachusetts HANDS OF CONGRESS, THE BRANCH OF OUR NATIONAL
02:08:45	THE SPEAKER PRO TEMPORE, - GOVERNMENT MOST CLOSELY CONNECTED TO THE AMERICAN PEOPLE. AS CHAIRMAN
02:08:49	Skelton, Isaac "Ike" - U.S. Representative, [D] Missouri OF THE HOUSE ARMED SERVICES COMMITTEE, I TAKE SERIOUSLY CONGRESS' ROLE WITH RESPECT TO NATIONAL SECURITY POLICY. IN THE SERIES OF RECENT COMMITTEE HEARINGS...
02:11:57	THE SPEAKER PRO TEMPORE, - BANKRUPTING A BIG FEW OF THESE FINANCIAL INSTITUTIONS ON WALL STREET THAT MADE BAD
02:12:01	MR. BACHUS, - DECISIONS. NOW, MY DAUGHTER DIDN'T DO ANYTHING TO DESERVE THIS. I KNOW WHAT THE BANKS ON WALL STREET DID. AND LOOK AT THE
02:12:07	THE SPEAKER PRO TEMPORE, - BILL ITSELF. LET ME POINT TO A COUPLE OF SECTIONS IN THE BRIEF TWO
02:12:10	Culberson, John - U.S. Representative, [R] Texas MINUTES TO SEE THAT THE SECRETARY OF THE TREASURY IS GIVEN AUTHORITY UNPRECEDENTED IN THIS NATION. WE'RE KEY ATE -- CREATING A KING HENRY HERE THAT WILL...
02:14:22	THE SPEAKER PRO TEMPORE, - PRESIDENT CAN REQUEST THAT CONGRESS DO WHAT IT DECLINES TO DO
02:14:25	MR. FRANK, - TODAY. NO MEANINGFUL LIMITATION ON AN
02:14:29	THE SPEAKER PRO TEMPORE, - OUTRAGEOUS EXECUTIVE PAY. LIKE THE WAR.
02:14:33	MR. DOGGETT, - NO COMPLETE BAR ON AMERICAN TAXPAYERS HAVING TO BAIL OUT THE BANK OF CHINA AND THE ENTIRE WORLD. NO GUARANTEE TAXPAYERS WILL NOT BE OVERCHARGED FOR...
02:16:14	THE SPEAKER PRO TEMPORE, - IN OPPOSITION TO THE EMERGENCY ECONOMIC
02:16:18	MR. BACHUS, - STABILIZATION ACT. AND URGE MY COLLEAGUES RESPECTFULLY TO OPPOSE
02:16:22	THE SPEAKER PRO TEMPORE, - IT. OUR NATION HAS BEEN CONFRONTED BY A CRISIS
02:16:25	MR. PENCE, - IN OUR FINANCIAL MARKETS. THE PRESIDENT
02:16:28	THE SPEAKER PRO TEMPORE, - AND THIS CONGRESS ARE RIGHT TO
02:16:30	Pence, Mike - U.S. Representative, [R] Indiana ACT WITH ALL DELIBERATE SPEED IN ADDRESSING THIS CRISIS. AND WE NOW HAVE A BILL THAT PROMISES TO BRING NEAR-TERM STABILITY TO OUR FINANCIAL TURMOIL....
02:20:13	THE SPEAKER PRO TEMPORE, - OF THE BILL AUTHORIZES SECURITIES AND EXCHANGE COMMISSION TO SPEND BY
02:20:17	Frank, Barney - U.S. Representative, [D] Massachusetts RULE THE REGULATION OR ORDER STATEMENT NUMBER 157 OF
02:20:22	THE SPEAKER PRO TEMPORE, - THE FSASB IF THE COMMISSION
02:20:24	Costa, Jim - U.S. Representative, [D] California DETERMINES IT'S NECESSARY AND APPROPRIATE IN THE PUBLIC INTEREST THAT DESIGNATION CAREER AUTHORITY WOULD BE GRANTED FOR BANKS TO CREATE THE FLEXIBILITY...
02:20:55	Frank, Barney - U.S. Representative, [D] Massachusetts GET, FROM THE PREFERRED TAX SITUATION WITH FANNIE MAE AND FREDDIE MAC. OTHER MEMBERS HAVE RAISED THE QUESTION OF INCREASING THE FDIC INSURANCE LIMIT NEXT...
02:21:34	Costa, Jim - U.S. Representative, [D] California AT THE END OF THIS MONTH? MR. FRANK: IT DOES NOT REQUIRE IT BUT WE WOULD CLEARLY HOPE THEY WOULD LOOK AT THIS VERY SERIOUSLY. MR. COSTA: IT'S MY UNDERSTANDING...
02:21:56	MR. FRANK, - ACCOUNTING, AUDITS, AND REPORTS AND TO PRODUCE ON A TIMELY MANNER FOR REPORTS SUCH
02:22:01	Costa, Jim - U.S. Representative, [D] California AS SEPTEMBER 30 TEN ANNE AT THE END OF THE NEXT REPORTING PERIOD? MR. FRANK: YES. THERE ARE TWO SEPARATE THINGS HERE. ONE IS THE MARKET-TO-MARKET...
02:22:26	Frank, Barney - U.S. Representative, [D] Massachusetts WE ARE DISCUSSING THAT WITH THE REGULATORS. MR. COSTA: IF I COULD HAVE 30 SECONDS. I WOULD LIKE TO COMMEND YOU AND THE STAFF FOR THE HARD WORK THAT'S...
02:22:49	Costa, Jim - U.S. Representative, [D] California THE REFORMS THAT ARE NECESSARY TO BRING BACK ECONOMIC SANITY TO OUR COUNTRY. I URGE AN AYE VOTE. THE SPEAKER PRO TEMPORE: THE GENTLEMAN YIELDS BACK...
02:23:15	THE SPEAKER PRO TEMPORE, - YOU, MADAM SPEAKER. I RISE IN SUPPORT OF THE
02:23:20	MR. BACHUS, - EMERGENCY ECONOMIC STABILIZATION ACT OF 2008. YEARS AGO WHEN I WAS MUCH
02:23:25	THE SPEAKER PRO TEMPORE, - YOUNGER I WAS A LIFEGUARD. AND I RECALL ONE OF THE FIRST LESSONS YOU LEARN AS A LIFEGUARD IS IF YOU KNOW THERE IS A DANGEROUS UNDERTOE YOU
02:23:35	Lungren, Daniel "Dan" E. - U.S. Representative, [R] California GET THE -- UNDERTOW YOU GET THE PEOPLE BACK ON THE BEACH AND OUT OF THE WATER. MAYBE WE COULD REFLECT AND SAY WE DIDN'T SEE THE UNDERTOWS COMING AND...
02:26:45	MR. BACHUS, - I DIDN'T -- BROKE THEIR NECKS.
02:26:47	THE SPEAKER PRO TEMPORE, - I DIDN'T GET CREDIT FOR SAVING A LITTLE
02:26:49	Lungren, Daniel "Dan" E. - U.S. Representative, [R] California CHILD FROM JUMPING IN THE WATER AND NOBODY NOTICING THAT CHILD AND HAVING THAT CHILD DROWN. BUT I KNOW I DID MY JOB. AND I PREVENTED SOME POSSIBLE TRAGEDIES....
02:27:59	THE SPEAKER PRO TEMPORE, - THE CONCURRENCE OF THE HOUSE IS REQUESTED. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM MASSACHUSETTS. MR. FRANK:
02:28:05	THE SPEAKER PRO TEMPORE, - I YIELD TO THE GENTLEMAN FROM INDIANA FOR UNANIMOUS CONSENT REQUEST. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM INDIANA IS RECOGNIZED. MR. VISCLOSKY:...
02:28:23	THE SPEAKER PRO TEMPORE, - SUBCOMMITTEE, A VERY CREATIVE
02:28:25	MR. FRANK, - LEGISLATOR, THE TWO MINUTES, THE GENTLEWOMAN FROM NEW YORK, MRS.
02:28:29	THE SPEAKER PRO TEMPORE, - MALONEY. THE SPEAKER PRO TEMPORE: THE GENTLEWOMAN FROM NEW YORK IS RECOGNIZED FOR TWO MINUTES.
02:28:32	MR. VISCLOSKY, - MRS. MALONEY: I THANK THE GENTLEMAN FOR YIELDING. MADAM SPEAKER, THIS IS A DIFFICULT VOTE. THIS BILL IS NOT POPULAR, BUT IT IS
02:28:38	THE SPEAKER PRO TEMPORE, - NECESSARY. A WHOLESALE FAILURE OF
02:28:40	Frank, Barney - U.S. Representative, [D] Massachusetts THE BANKING SYSTEM WOULD BE THE FINANCIAL EQUIVALENT OF AN ECONOMIC HEART ATTACK. THE CONSEQUENCES OF WHICH COULD SEVERELY AFFECT THE LIVES
02:28:50	THE SPEAKER PRO TEMPORE, - AND LIVELIHOODS OF
02:28:52	Maloney, Carolyn - U.S. Representative, [D] New York MILLIONS OF ORDINARY AMERICAN CITIZENS. THE BILL BEFORE US ENDEAVORS TO PREVENT SUCH A CALAMITY. I DO NOT PRETEND TO -- THAT IT IS A PERFECT BILL AND...
02:30:59	THE SPEAKER PRO TEMPORE, - MANY, MANY YEARS. UNFORTUNATELY, THIS BILL IS NOT GOING TO SOLVE THE PROBLEM. THIS BILL IS GOING
02:31:04	Unidentified Speaker, - TO BAIL OUT FOREIGN BANKS,
02:31:07	THE SPEAKER PRO TEMPORE, - IT'S GOING TO BAIL OUT WALL STREET, BUT IT'S NOT
02:31:10	Unidentified Speaker, - GOING TO BAIL OUT BANKS. IT'S GOING TO HURT THE
02:31:12	Broun, Paul C. Jr., M.D. - U.S. Representative, [R] Georgia TAXPAYER. DURING THE NEGOTIATIONS, WE'VE HAD SOME CHANGES TO THE PAULSON BILL, BUT THIS IS ESSENTIALLY MR. PAULSON'S BILL TO HELP HIS FRIENDS. I CAN'T...
02:33:17	THE SPEAKER PRO TEMPORE, -
02:33:21	Frank, Barney - U.S. Representative, [D] Massachusetts MINUTES. MR. SHERMAN:
02:33:32	THE SPEAKER PRO TEMPORE, - JUST BECAUSE YOUR CONSTITUENTS HATE THIS BILL AND WILL HATE IT MORE WHEN THEY LEARN THE DETAILS, DOES NOT MEAN THAT VOTING FOR IT IS AN ACT OF COURAGEOUS...
02:33:52	Sherman, Brad - U.S. Representative, [D] California INCLUDING THREE NOBEL LAUREATES ARE ASKING US TO COME BACK AND DO OUR JOB AND WRITE A GOOD BILL IN THE NEXT WEEK OR SYSTEM OF THEY STATE, AND THE CHART...
02:37:02	THE SPEAKER PRO TEMPORE, - ESPECIALLY MINORITY LEADER JOHN BOEHNER, MR. CANTOR AND MR.
02:37:11	Unidentified Speaker, - BACHUS FOR THEIR WORK ON THIS BILL, HOWEVER, AFTER CAREFUL
02:37:15	THE SPEAKER PRO TEMPORE, - AND AGONIZING CONSIDERATION I CANNOT SUPPORT THIS BILL AND
02:37:19	Barrett, J. Gresham - U.S. Representative, [R] South Carolina WILL BE VOTING NO. I UNDERSTAND THE NEED TO ACT AND THE NEED TO ACT QUICKLY. WE NEED TO RESTORE CREDIT. I FIRMLY SUBSCRIBE TO THE BELIEF THAT MAIN STREET...
02:40:14	THE SPEAKER PRO TEMPORE, - TO SMALL COMMUNITY BANKS, THAT'S AUTHORIZING THE DEDUCTION OF THE FANNIE MAE
02:40:19	MR. FRANK, - LOSSES AGAINST ORDINARY INCOME AS SOON AS
02:40:24	THE SPEAKER PRO TEMPORE, - POSSIBLE. THAT WILL HELP ALL COMMUNITY BANKS. MANY OF MY BANKS, MR.
02:40:28	Marshall, James "Jim" - U.S. Representative, [D] Georgia CHAIRMAN ARE SUFFERING FROM LOANS ON THEIR BOOKS FROM TYPICALLY BUILDERS AND DEVELOPERS WHO ARE NOW UNABLE TO COMPLETE THEIR PROJECTS AND THESE BANKS...
02:41:22	Unidentified Speaker, - INSTITUTIONS NOT COVERED BY THE
02:41:25	Frank, Barney - U.S. Representative, [D] Massachusetts COMMUNITY REINVESTMENT ACT. THESE BANKS PLAY A VITAL FUNCTION AND WILL BE MORE VITAL AS OTHER SOURCES DRY UP. I WILL WORK WITH HIM TO TRY TO GET THAT...
02:41:57	Marshall, James "Jim" - U.S. Representative, [D] Georgia MR. WESTMORELAND: THANK YOU, MADAM CHAIR AND I WANT TO THANK THE GENTLEMAN FOR YIELDING THE TIME. I'VE OFTEN SAID AS I STOOD UP THAT WHEN THE PROCESS...
02:42:07	THE SPEAKER PRO TEMPORE, - BROKEN, THE PRODUCT IS FLAW. WHILE I APPRECIATE THE MEETINGS THAT THE
02:42:10	Unidentified Speaker, - CHAIRMAN AND RANKING MEMBER AND OTHERS HAVE ATTENDED
02:42:13	THE SPEAKER PRO TEMPORE, - AND THE TIME THEY HAVE SPENT, THERE WAS ONLY ONE HEARING THAT I KNOW OF IN THE FINANCIAL
02:42:18	Westmoreland, Lynn A. - U.S. Representative, [R] Georgia SERVICES COMMITTEE THAT WAS HELD BEFORE THIS BILL AND THAT WAS TO HAVE SECRETARY PAULSON AND CHAIRMAN BERNANKE COME AND TESTIFY. THOSE WERE THE ONLY...
02:44:34	THE SPEAKER PRO TEMPORE, - AND MEANS, MR. RANGEL.
02:44:36	MR. WESTMORELAND, - THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM NEW YORK IS RECOGNIZED FOR THREE
02:44:41	THE SPEAKER PRO TEMPORE, -
02:44:43	Frank, Barney - U.S. Representative, [D] Massachusetts MINUTES. MR. RANGEL: I DON'T KNOW WHERE THE GOVERNMENT
02:44:56	THE SPEAKER PRO TEMPORE, - REAL IS IS TODAY AND NOW WE'RE ASKING GOVERNMENT TO COME IN WITH CLOSE TO $1 TRILLION IN ORDER TO BAIL OUT THE PRIVATE SECTOR. THE ADMINISTRATION HAS...
02:45:15	Rangel, Charles B. - U.S. Representative, [D] New York AS CHAIRMAN FRAK HAS SAID SO OFTEN, THIS IS A NO-WIN PROPOSITION BECAUSE IN SUPPORT OF THIS, AND I WILL BE SUPPORTING IT, NO ONE'S GOING TO THANK US FOR...
02:48:35	THE SPEAKER PRO TEMPORE, - OPPOSITION TO THIS BILL, THIS IS ONLY GOING TO MAKE THE PROBLEM THAT
02:48:38	Unidentified Speaker, - MUCH WORSE. THE PROBLEM CAME ABOUT BECAUSE WE SPENT TOO MUCH, BORROWED TOO MUCH AND WE PRINTED TOO MUCH MONEY, WE INFLATED
02:48:43	THE SPEAKER PRO TEMPORE, - TOO MUCH AND WE OVERREGULATED. THIS IS ALL THAT THIS BILL
02:48:46	MR. PAUL, - IS ABOUT, SO YOU CAN'T SOLVE THE PROBLEM. WE'RE LOOKING AT A SYMPTOM.
02:48:51	THE SPEAKER PRO TEMPORE, - WE'RE LOOKING AT THE COLLAPSING OF A MARKET THAT WAS
02:48:54	Paul, Ronald "Ron" M.D. - U.S. Representative, [R] Texas UNSTABLE. IT WAS UNSTABLE BECAUSE OF THE WAY IT CAME ABOUT. IT CAME ABOUT BECAUSE OF A MONOPOLY CONTROL OF MONEY AND CREDIT BY THE FEDERAL RESERVE SYSTEM...
02:51:09	THE SPEAKER PRO TEMPORE, - SITUATION WE FIND OURSELVESES IN TODAY IS THE DIRECT
02:51:12	MR. FRANK, - RESULT OF THE DEREGULATION AND TURN A BLIND EYE
02:51:16	THE SPEAKER PRO TEMPORE, - OF THIS ADMINISTRATION AND ITS COLLEAGUES IN CONGRESS. NOW WE SEE THE PRICE
02:51:20	Lee, Barbara - U.S. Representative, [D] California OF THE RECKLESS DEREGULATION POLICIES. MORE THAN 600,000 AMERICANS HAVE LOST THEIR JOBS SINCE JANUARY. PEOPLE NEED JOBS TO OBTAIN CREDIT AND PAY THEIR...
02:53:20	THE SPEAKER PRO TEMPORE, - DAVIS. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED FOR TWO MINUTES. MR. DAVIS: I WISH THERE WAS A BETTER WAY, BUT I HAVEN'T...
02:53:36	Unidentified Speaker, - REWARDING BAD BUSINESS DECISIONS. THERE'S A GRAIN OF TRUTH IN ALL OF
02:53:41	THE SPEAKER PRO TEMPORE, - THIS. IT'S ALSO TRUE THIS DOESN'T ADDRESS SOME OF THE FUNDAMENTAL PROBLEMS
02:53:45	Davis, Thomas "Tom" M. - U.S. Representative, [R] Virginia WITH OUR CURRENT ECONOMIC SLOWDOWN. THIS HELPS ON THE MARGIN THE HOUSING SITUATION, IT WILL ALLOW SOME PEOPLE TO RENEGOTIATE BUT DOESN'T SOLVE THE RISING...
02:55:30	THE SPEAKER PRO TEMPORE, - TEMPORE: THE GENTLEMAN IS RECOGNIZED FOR FOUR MINUTES. MR. KANJORSKI: IF I MAY JUST MAKE A COMMENT
02:55:36	Frank, Barney - U.S. Representative, [D] Massachusetts IN THE BEGINNING HERE AND ASK YOU THE QUESTION, IS IT CORRECT TO SAY THAT NOTHING IN THIS ACT IS MEANT TO DISTRACT FROM ANY RIGHTS OR RECOVERY AGAINST...
02:55:50	THE SPEAKER PRO TEMPORE, - THAT EXISTS UNDER FEDERAL OR STATE
02:55:54	Kanjorski, Paul E. - U.S. Representative, [D] Pennsylvania LAW? FROM FRANK: THAT IS CORRECT, WE HAVE RESTORED A NUMBER OF RESTRAINTS AND TAKEN AWAY NO EXISTING LEGAL RIGHT WHATSOEVER IN THIS BILL. MR. KANJORSKI:...
02:56:33	Kanjorski, Paul E. - U.S. Representative, [D] Pennsylvania FAILURE TO ACT COULD BE EXACERBATING TO THAT SITUATION TO THE EXTENT THAT MOST OF US CAN'T EVEN IMAGINE HOW BAD IT COULD GET. I'M NOT HERE IN DEFENSE...
03:00:09	Kanjorski, Paul E. - U.S. Representative, [D] Pennsylvania COUNTED. THIS IS ONE OF THOSE HISTORIC MOMENTS. I URGE MY COLLEAGUES TO SHOW THE FORTITUDE TO VOTE YES. THE SPEAKER PRO TEMPORE: THE GENTLEMAN YIELDS...
03:00:38	THE SPEAKER PRO TEMPORE, - VIRGINIA, MR. GOODE, ONE MINUTE. THE SPEAKER PRO TEMPORE: HOW MUCH TIME WAS THAT, SIR? ONE MINUTE.
03:00:43	MR. BACHUS, - THE GENTLEMAN FROM VIRGINIA IS RECOGNIZED FOR ONE MINUTE. MR. GOODE: MADAM SPEAKER, FIRST I WANT TO THANK
03:00:48	THE SPEAKER PRO TEMPORE, - ALL WHO HAVE WORKED ON THIS MEASURE. BUT I DO REGRET THAT RANKING MEMBER BACHUS DID NOT
03:00:55	MR. BACHUS, - HAVE GREATER OPPORTUNITY FOR MORE INPUT. I WILL BE VOTING NO ON THIS
03:01:01	THE SPEAKER PRO TEMPORE, - MEASURE BECAUSE THIS IS A BAD DAY APPROACH THAT WILL NOT SAVE
03:01:07	Goode, Virgil H. Jr. - U.S. Representative, [R] Virginia AMERICA. WE NEED TO INFUSE CAPITAL INTO OUR BANKING SYSTEM AND NOT MORE FEDERAL DEBT. FEDERAL DEBT IS NOT THE WAY TO GO. WE ALSO MUST LOOK AT THE...
03:01:59	THE SPEAKER PRO TEMPORE, - OF WEEKS WE HAVE BEEN -- WE HAVE SEEN MANY
03:02:03	Frank, Barney - U.S. Representative, [D] Massachusetts AMERICANS WONDERING, WHAT'S GOING ON, WHAT'S GOING ON WITH OUR ECONOMY? WHAT IS GOING ON DOWN IN WASHINGTON? PEOPLE HAVE WATCHED ANXIOUSLY AS THE...
03:02:11	THE SPEAKER PRO TEMPORE, - AND THE BANKS HAVE STUMBLED AND MANY OF US HAVE SEEN INVESTMENTS
03:02:14	McCarthy, Carolyn - U.S. Representative, [D] New York THAT WE SPENT YEARS BUILDING UP NOW DISAPPEARING WITHIN DAYS. WITHIN A COUPLE -- WITHIN ONLY A COUPLE OF DAYS, SOME OF THE WORLD'S LARGEST FINANCIAL...
03:04:28	THE SPEAKER PRO TEMPORE, - SPEAKER PRO TEMPORE: THE GENTLEWOMAN YIELDS BACK HER TIME. THE GENTLEMAN FROM ALABAMA. MR. BACHUS: I YIELD THREE MINUTES TO
03:04:32	McCarthy, Carolyn - U.S. Representative, [D] New York THE GENTLEMAN FROM CONNECTICUT, MR. SHAYS. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM CONNECTICUT IS RECOGNIZED FOR THREE MINUTES. MR. SHAYS: MOST OF...
03:04:48	THE SPEAKER PRO TEMPORE, - WALL STREET TYCOONS PAY FOR THEIR GREED. THE
03:04:51	MR. BACHUS, - FACT IS THAT WOULD BE IRRESPONSIBLE.
03:04:54	THE SPEAKER PRO TEMPORE, - WHILE THIS IS NOT 1929 ALL OVER AGAIN, IT COULD BE IF WE STEP
03:04:58	Shays, Christopher - U.S. Representative, [R] Connecticut ASIDE AND LET THE WONDERS OF THE MARKET WORK ITS WILL IN THIS ENVIRONMENT. WE CAN'T LET THE FOOLISHNESS AND GREED ON WALL STREET BRING DOWN MAIN STREET,...
03:07:37	THE SPEAKER PRO TEMPORE, - THIS BILL. NOW, I KNOW WE ARE TEMPTED TO SEE THIS JUST AS ANOTHER TRAIN WRECK
03:07:41	Frank, Barney - U.S. Representative, [D] Massachusetts OF THE BUSH ADMINISTRATION, BUT WE HAVE TO LOOK PAST THAT TO PROTECTING THE JOBS OF OUR CONSTITUENTS, THEIR 401-K'S,
03:07:50	THE SPEAKER PRO TEMPORE, - THEIR PENSION FUNDS, THEIR ABILITY TO
03:07:53	MR. FATTAH, - OWN AND RUN
03:07:55	THE SPEAKER PRO TEMPORE, -
03:07:56	Fattah, Chaka - U.S. Representative, [D] Pennsylvania AND BORROW TO ESTABLISH SMALL BUSINESSES. WE HAVE TO SEE THIS AS A RESPONSIBILITY TO PROTECT OUR COMMUNITY BANGING I.N.S. TUESDAYS. THERE'S A --...
03:09:26	THE SPEAKER PRO TEMPORE, - POE: I THANK THE GENTLEMAN FOR
03:09:28	MR. BACHUS, - YIELDING. MADAM SPEAKER, BECAUSE WALL STREET MONEY GRABBERS HAVE MADE BAD JUDGMENT CALLS,
03:09:33	THE SPEAKER PRO TEMPORE, - THE AMERICAN TAXPAYER IS BEING FORCED TO BAIL THEM OUT AT $700 BILLION. WHY IS IT, MADAM SPEAKER, THAT THE BIGGER THE BUSINESS, THE MORE THE FEDERAL...
03:09:47	Poe, Ted - U.S. Representative, [R] Texas POP GROCERY STORES DON'T GET THIS BREAK WHEN THEY MAKE BAD FINANCIAL DECISIONS. THEY GO OUT OF BUSINESS. BUT THE RICH AND FAMOUS WALL STREET NEW...
03:11:18	THE SPEAKER PRO TEMPORE, - MADAM SPEAKER, I ASK UNANIMOUS CONSENT TO REVISE AND EXTEND MY REMARKS. THE SPEAKER PRO TEMPORE:
03:11:22	Frank, Barney - U.S. Representative, [D] Massachusetts WITHOUT OBJECTION, SO ORDERED. MR. DINGELL: I WANT TO COMMEND THE DISTINGUISHED GENTLEMAN FROM MASSACHUSETTS FOR THE OUTSTANDING JOB HE AND THE LEADERSHIP...
03:11:35	THE SPEAKER PRO TEMPORE, - IT TO MAKE IT MUCH BETTER. I RISE
03:11:38	MR. DINGELL, - TO SUPPORT THE LEGISLATION AND I WOULD LIKE TO ENGAGE IN A
03:11:42	THE SPEAKER PRO TEMPORE, - COLLOQUY WITH MY DEAR
03:11:43	Dingell, John D. Jr. - U.S. Representative, [D] Michigan FRIEND, MR. FRANK. I WOULD NOTE THAT THE COLLOQUY IS AN IMPORTANT ONE. MADAM SPEAKER, THE AUTOMOBILE MANUFACTURERS FACE THE MOST DAVE FACE THEY HAVE...
03:12:44	Frank, Barney - U.S. Representative, [D] Massachusetts THAT. I WOULD ADD AS THE GENTLEMAN KNOWS IN MY JUDGMENT ONE OF THE MAJOR AREAS OF DAMAGE WE WILL SEE IF THIS BILL FAILS IS THAT WE ARE GOING TO START...
03:13:22	Dingell, John D. Jr. - U.S. Representative, [D] Michigan FINANCE DEALER FLOOR PLANS AND CONSUMER LOANS. AM I CORRECT IN THIS AND DOES MY FRIEND SUPPORT THIS DIGS TO MAKE FUNDS AVAILABLE AS LONG AS THESE...
03:13:53	Frank, Barney - U.S. Representative, [D] Massachusetts CLEARLY THIS IS A WORTHY SUBJECT FOR THE FEDERAL RESERVE TO CONVENIENT WHEN APPROPRIATE. MR. DINGELL: MADAM SPEAKER, I WANT TO THANK MY GOOD FRIEND THE...
03:14:19	Dingell, John D. Jr. - U.S. Representative, [D] Michigan ANYONE. BUT FROM THE GENTLEMAN FROM MICHIGAN WITH HIS LONG RECORD HERE IN THESE AREAS IT MEANS PARTICULARLY A GREAT DEAL. MR. DINGELL: I THANK MY GOOD...
03:14:35	Frank, Barney - U.S. Representative, [D] Massachusetts ALABAMA. >> YOU DON'T NEED ME TO SEEK UNANIMOUS CONSENT? THE SPEAKER PRO TEMPORE: IT'S ALREADY TAKEN CARE OF IN THE RULE. >> I YIELD THREE MINUTES TO...
03:14:46	MR. DINGELL, - THE SPEAKER PRO TEMPORE: THE GENTLEWOMAN FROM ILLINOIS IS
03:14:48	THE SPEAKER PRO TEMPORE, - RECOGNIZED FOR THREE MINUTES. MRS. BIGGERT: I THANK THE GENTLEMAN FOR YIELDING. I RISE TODAY IN RELUCTANT OPPOSITION TO THIS MASSIVE BAILOUT OF WALL...
03:14:58	Unidentified Speaker, - THE URGE TO ACT NOW AND DO
03:15:00	THE SPEAKER PRO TEMPORE, - SOMETHING, ANYTHING, TO RESTORE INVESTOR CONFIDENCE IS VERY COMPELLING. .
03:15:04	Unidentified Speaker, -
03:15:06	THE SPEAKER PRO TEMPORE, - OUR ECONOMY FACES GREAT RISK AND
03:15:10	Biggert, Judy - U.S. Representative, [R] Illinois I AGREE THAT THE GOVERNMENT MUST INTERVENE IN SOME WAY TO RESTORE STABILITY. BUT THE PLAN WE ARE CONSIDERING TODAY IS NOT WHAT MY CONSTITUENTS WANT,...
03:18:10	THE SPEAKER PRO TEMPORE, - THE TREASURY AND SUSPEND ALL
03:18:12	MR. FRANK, - THE LAWS. WHAT WE'RE PROPOSING HERE TODAY IS INFINITELY BETTER AND THE DEMOCRATS HAVE LABORED
03:18:19	THE SPEAKER PRO TEMPORE, - HARD TO PUT IN TAX PAY BROTHER TEXTS AND PROVIDE CONSEQUENCES FOR WALL STREET EXECUTIVES.
03:18:24	DeFazio, Peter A. - U.S. Representative, [D] Oregon BUT WHAT WE CONSIDER TODAY IS STILL BUILT ON THE PAULSON-BUSH PREMISE. THAT IS, PRESIDENT BUSH AND HIS TREASURY SECRETARY, MR. PAULSON, SAY THAT DUMPING...
03:20:39	THE SPEAKER PRO TEMPORE, - BECAUSE IT WAS EASY TO VOTE AGAINST YOUR PRESIDENT, BUT OUR PRESIDENT AND HIS
03:20:43	Unidentified Speaker, - ADMINISTRATION ARE WRONG. AND IF WE VOTE HERE TODAY FOR
03:20:47	THE SPEAKER PRO TEMPORE, - THIS BILL, IT IS TRULY THE END OF THE REAGAN
03:20:50	Unidentified Speaker, - ERA.
03:20:52	THE SPEAKER PRO TEMPORE, - IF THE -- IT'S THE END OF THE REAGAN ERA BECAUSE IN FACT,
03:20:56	Issa, Darrell - U.S. Representative, [R] California UNDER RONALD REAGAN'S TIME WE DEALT WITH SIMILAR PROBLEM A HUGE FINANCIAL PROBLEM, AND WE WORKED OUR WAY OUT OF IT WITHOUT UNNECESSARILY BUYING ASSETS....
03:23:01	THE SPEAKER PRO TEMPORE, - CALIFORNIA, MS. WATERS. THE SPEAKER PRO
03:23:03	Frank, Barney - U.S. Representative, [D] Massachusetts TEMPORE: THE GENTLEWOMAN IS RECOGNIZED FOR THREE MINUTES. MS. WATERS: FIRST, I'D LIKE TO THANK BARNEY FRANK FOR HIS EXTRAORDINARY WORK ACCEPTING THE...
03:23:23	THE SPEAKER PRO TEMPORE, - CARE LESS ABOUT WALL STREET AND THE HIGH PRICE SCHEMERS AND THEIR TRICKY
03:23:27	Waters, Maxine - U.S. Representative, [D] California PRODUCTS, HEDGE FUNDS, SHORT SELLING, AND INSIDER TRADING. I CARE ABOUT MAIN STREET. AND MARTIN LUTHER KING JR. DRIVE. I'M VOTING YES ON THIS BILL BECAUSE...
03:26:45	MR. FRANK, - FUNDS AND 401K SAVINGS,
03:26:46	THE SPEAKER PRO TEMPORE, - NOR CAN I TAKE THE CHANCE THAT
03:26:49	MS. WATERS, - THE STOCK MARKET WILL BE WEAKENED AND AMERICANS WILL LOSE THEIR INVESTMENTS. THERE WILL BE MANY WHO WILL SAY
03:26:55	Waters, Maxine - U.S. Representative, [D] California I DON'T BELIEVE THE AVERAGE PERSON WILL BE HURT IF WE DO NOT ACT. I REFUSE TO TAKE THAT CHANCE. TODAY, WE DO WHAT WE TRULY BELIEVE MUST BE DONE, BUT...
03:27:59	THE SPEAKER PRO TEMPORE, - ABOUT WHAT WASHINGTON IS ABOUT TO DO. LAST NIGHT, I CAME TO THE FLOOR AND SAID, YOU SHOULD BE ALARMED ABOUT WHAT WASHINGTON IS DOING
03:28:05	Unidentified Speaker, - BECAUSE LACK OF DELIBERATION, TODAY I COME AND SAY, AMERICA YOU SHOULD BE
03:28:08	THE SPEAKER PRO TEMPORE, - OUTRAGED ABOUT WHAT WASHINGTON IS ABOUT TO DO BECAUSE WASHINGTON IS NOT
03:28:12	Garrett, Scott - U.S. Representative, [R] New Jersey LISTENING TO YOU. WHETHER YOU'RE REPUBLICAN OR DEMOCRAT, OUR OFFICES HAVE BEEN HEARING PHONE CALLS 10-1, 100-1 AGAINST THIS PROPOSAL. BUT WASHINGTON...
03:30:32	THE SPEAKER PRO TEMPORE, - SIGNIFICANCE TO THE
03:30:35	Frank, Barney - U.S. Representative, [D] Massachusetts LARGE-MINDED ON THE OTHER SIDE SAID THE DEMOCRATS BLOCKED G.S.E. REFORM. THE REPUBLICANS CONTROLED THIS CONGRESS FROM 1995 TO 2006 NO BILL PASSING G.S.E....
03:31:45	THE SPEAKER PRO TEMPORE, - FINANCIAL MISMANAGEMENT AND REGULATORY NEGLIGENT --
03:31:49	Tanner, John - U.S. Representative, [D] Tennessee NEGLECT WHICH LEADS US TO THIS MORNING. UNFORTUNATELY WHEN THE SECRETARY OF TREASURY CAME OVER AND WE LOOKED AT THE PROPOSAL OR THE BARE-BONES OF THE...
03:34:57	THE SPEAKER PRO TEMPORE, - MONEY FOR HIS FRIENDS AND FORMER COLLEAGUES ON WALL STREET. THE FORMER
03:35:02	MR. KINGSTON, - CHAIRMAN OF THE INVESTMENT BANK
03:35:06	THE SPEAKER PRO TEMPORE, - OF GOLDMAN SACHS ALSO ASKED CONGRESS ENSURING
03:35:08	MR. MILLER, - HIS ABCS WERE NONREVIEWABLE AND
03:35:10	THE SPEAKER PRO TEMPORE, - COMMITTED TO AGENCY DISCRETION. AND MAY
03:35:12	Miller, Jeff - U.S. Representative, [R] Florida NOT BE REVIEWED BY ANY COURT OF LAW OR ANY ADMINISTRATIVE AGENCY. THE FOUNDERS OF THIS GREAT NATION SET UP AN INGENIOUS SYSTEM OF GOVERNMENT TO ENSURE...
03:37:17	THE SPEAKER PRO TEMPORE, - SPEAKER PRO TEMPORE: THE GENTLEMAN'S
03:37:19	MR. KINGSTON, - TIME HAS EXPIRED. THE GENTLEMAN
03:37:20	Miller, Jeff - U.S. Representative, [R] Florida FROM MASSACHUSETTS. MR. FRANK: MADAM SPEAKER, I YIELD MYSELF 15 SECONDS. I KNOW THIS BILL CAME OUT ON PAGE 58, THE GENTLEMAN WAS RIGHT TO PROJECT TO...
03:37:37	THE SPEAKER PRO TEMPORE, - HE IS NOW SUBJECT TO APPROPRIATE JUDICIAL REVIEW. I YIELD TO THE
03:37:41	Frank, Barney - U.S. Representative, [D] Massachusetts GENTLEMAN FROM MINNESOTA, TWO MINUTES. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM MINNESOTA IS RECOGNIZED FOR TWO MINUTES. MR. OBERSTAR: THANK YOU,...
03:38:03	THE SPEAKER PRO TEMPORE, - UNCERTAINTY. OF LOCKHEED, OF NEW YORK
03:38:09	Oberstar, James L. - U.S. Representative, [D] Minnesota CITY'S FINANCIAL CRISIS, OF CHRYSLER, MUCH POST-9/11 AIRLINES. PERHAPS NOT ALL OF US PERSONALLY BUT WE, THIS BODY, AND IN EACH OF THOSE CASES WITH A...
03:40:19	MR. FRANK, -
03:40:20	Oberstar, James L. - U.S. Representative, [D] Minnesota ALABAMA. MR. BACHUS: I YIELD TWO MINUTES TO THE GENTLEMAN FROM ARIZONA. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM ARIZONA IS RECOGNIZED FOR TWO MINUTES....
03:40:36	THE SPEAKER PRO TEMPORE, - IN THIS COUNTRY. I RISE IN OPPOSITION TO THIS BAILOUT BECAUSE I KNOW WE ARE IN A FINANCIAL
03:40:42	MR. BACHUS, - CRISIS. ONE THAT WILL BE PROLONGED WITH
03:40:45	THE SPEAKER PRO TEMPORE, - THIS LEGISLATION. THE PREMISE OF THIS UNPRECEDENTED GOVERNMENT INTERVENTION IS THAT THE FREE
03:40:50	Flake, Jeff - U.S. Representative, [R] Arizona MARKET HAS FAILED AND THAT GOVERNMENT MUST COME TO ITS RESCUE. IN REALITY THE CRISIS WE NOW FACE IS A RESULT OF GOVERNMENT INTERVENTION IN THE MARKET....
03:42:05	THE SPEAKER PRO TEMPORE, - THE REPUBLICANS, IT IS A FAR BETTER BILL. BUT UNFORTUNATELY
03:42:08	MR. FRANK, - THIS IS NOT LIKELY TO BE THE END OF THE
03:42:11	THE SPEAKER PRO TEMPORE, - BUBBLES. WE MUST
03:42:14	Blumenauer, Earl - U.S. Representative, [D] Oregon ACT, BE EXTRAORDINARILY CAREFUL IF WE DON'T COMPROMISE THE NEXT REF FEW. REMEMBER LONG-TERM CAPITAL MANAGEMENT, THE HEDGE FUNDS? WHAT HAPPENS IF THE...
03:43:42	THE SPEAKER PRO TEMPORE, - AND FREDDIE MAC. WE GOT TO TAKE ONE STEP. THEN WE HEARD
03:43:46	MR. BACHUS, - THE FORMER CHAIRMAN OF THE FDIC, GUYS, YOU DON'T REALIZE
03:43:49	THE SPEAKER PRO TEMPORE, - IF YOU DO THIS YOU ARE GOING TO START THE
03:43:52	Gohmert, Louis "Louie" B. Jr. - U.S. Representative, [R] Texas DOMINOS FALLING. PEOPLE HAVE TALKED ABOUT THIS PRECIPICE. MAKING THIS VOTE, PASSING THIS BILL IS JUMPING INTO THE PRECIPICE BECAUSE NEXT WE GOT TO...
03:45:44	THE SPEAKER PRO TEMPORE, - WE WERE SENT A THREE-PAGE BILL, $700
03:45:48	MR. FRANK, - BILLION. DON'T ASK QUESTIONS.
03:45:51	THE SPEAKER PRO TEMPORE, - THE LEADERSHIP ON BOTH SIDES OF THE AISLE HAVE COME TO SOME AGREEMENT. .
03:45:54	MS. KILPATRICK, -
03:45:57	THE SPEAKER PRO TEMPORE, -
03:45:58	Kilpatrick, Carolyn Cheeks - U.S. Representative, [D] Michigan CONTRARY TO POPULAR BELIEF, THIS FINANCIAL CRISIS IS NOT DUE JUST TO PEOPLE WHO COULDN'T AFFORD LOANS. IT WAS WALL STREET'S PROBLEM, WHO MANAGED THIS...
03:48:02	THE SPEAKER PRO TEMPORE, - LOST A LOT OF SLEEP, A LOT OF US HAVE LOOKED THAT THE SITUATION.
03:48:06	Unidentified Speaker, - WHEN SECRETARY PAULSON CAME TO US ABOUT A WEEK AGO, HE GAVE US
03:48:11	THE SPEAKER PRO TEMPORE, - A THREE-PAGE BILL THAT SAID, GIVE ME A BLANK
03:48:15	Davis, Thomas "Tom" M. - U.S. Representative, [R] Virginia CHECK. I WAS OFFENDED. WE ADDED 107 PAGE OF TAXPAYER PROTECTION TO THAT BILL. WE UNDERSTAND THE GRAVITY OF THIS SITUATION. WE WORK WITH OUR COLLEAGUES...
03:52:50	THE SPEAKER PRO TEMPORE, - WITHOUT OBJECTION, SO ORDERED. MS. JACKSON LEE: MADAM SPEAKER, THE CONSTITUTION OF THE UNITED STATES IS PRESENT TO PROTECT MAIN
03:52:57	Unidentified Speaker, - STREET. FULL FAITH AND CREDIT OF THIS
03:53:01	THE SPEAKER PRO TEMPORE, - CONSTITUTIONAL DOCUMENT WILL PROTECT THE MEN AND WOMEN OF
03:53:05	MS. JACKSON LEE, - AMERICA. I WILL NOT STAND HERE TODAY AND
03:53:09	THE SPEAKER PRO TEMPORE, - SUGGEST THAT WE DO NOT HAVE SOME CHALLENGES. I FRANKLY
03:53:12	Jackson Lee, Sheila - U.S. Representative, [D] Texas BELIEVE THAT THE BILL WE HAVE BEFORE US IS A MIRACLE. I THANK THE LEADERSHIP FOR THEIR STRENGTH IN RECHARACTERIZING THE TWO-PAGE BILL THAT ANOINTED THE...
03:55:22	THE SPEAKER PRO TEMPORE, - THREAT.
03:55:24	Unidentified Speaker, - THE CENTRAL ISSUE BEFORE US IS TWO-FOLD. FIRST, IS THE SITUATION
03:55:28	Fortenberry, Jeffrey "Jeff" Lane - U.S. Representative, [R] Nebraska AS DIRE AS PROTECTED? SECOND, IS THIS CONSTRUCT, THIS BILL THIS TYPE OF GOVERNMENT INTERVENTION WITH ITS HUGE EXPENDITURE AND TAXPAYER EXPOSURE THE CORRECT...
03:57:47	THE SPEAKER PRO TEMPORE, - MORNING IN SUPPORT OF THIS
03:57:50	Frank, Barney - U.S. Representative, [D] Massachusetts LEGISLATION. I -- MR. FOSTER: I ACCEPT THE NEED FOR SPEED AND OVERPOWERING FORCE IN THIS SITUATION. SMALL AND LARGE BUSINESSES ARE BEING TOLD TO PREPARE...
03:58:03	THE SPEAKER PRO TEMPORE, - DO FIR THEIR LINES OF CREDIT
03:58:06	Foster, Bill - U.S. Representative, [D] Illinois ARE NOT EXTENDED. BANKS ARE FAILING EVERY DAY. IF NOTHING IS CONE AND THE SITUATION PERSISTS FOR EVEN A FEW WEEKS, BOTH EXPERTS AND COMMON SENSE SAY...
04:00:08	THE SPEAKER PRO TEMPORE, - BIPARTISAN COMPROMISE CARRY THE DAY? IN LESS THAN AN HOUR I GUESS WE WILL FIND OUT. THANK YOU, I YIELD BACK THE BALANCE OF MY TIME.
04:00:14	MR. FOSTER, - THE SPEAKER PRO TEMPORE: THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM ALABAMA. MR. BACHUS: MADAM SPEAKER, I YIELD TWO MINUTES...
04:00:34	THE SPEAKER PRO TEMPORE, - FROM MISSOURI IS RECOGNIZED FOR TWO MINUTES. MR. AKIN: I ASK UNANIMOUS CONSENT TO REVISE AND EXTEND MY REMARKS. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION,...
04:00:45	MR. BACHUS, - US THAT THERE WAS A CRISIS AND THAT HE HAD A SOLUTION. HE GAVE US THE HORNS
04:00:53	THE SPEAKER PRO TEMPORE, - OF A DILEMMA.
04:00:56	MR. AKIN, - TWO SHARP, SHINY POINTS WE
04:00:58	THE SPEAKER PRO TEMPORE, - COULD IMPALE OURSELVES
04:01:00	Akin, W. "Todd" - U.S. Representative, [R] Missouri ON. ONE THAT THE FINANCIAL SYSTEM WAS GOING TO COLLAPSE AND IMPLODE AND THE SKY WAS GOING TO FALL. CERTAINLY WE WOULDN'T WANT TO CHOOSE THAT. OR...
04:03:07	THE SPEAKER PRO TEMPORE, - BUDGETARY IMPLICATIONS. NO ONE IN
04:03:10	MR. FRANK, - MY EXPERIENCE HERE HAS HAD A BETTER MASTERY
04:03:13	THE SPEAKER PRO TEMPORE, - OF THAT PROCESS AND MORE RESPONSIBLE
04:03:16	MR. ENGEL, - APPROACH TO IT THAN THE CURRENT CHAIRMAN OF THE BUDGET COMMITTEE. I RECOGNIZE FOR THREE MINUTES THE GENTLEMAN FROM SOUTH CAROLINA, MR. SPRATT.
04:03:22	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM
04:03:24	Frank, Barney - U.S. Representative, [D] Massachusetts SOUTH CAROLINA IS RECOGNIZED FOR THREE MINUTES. FOUR MINUTES. MR. SPRATT: MADAM SPEAKER, NO ONE COMES TO THE WELL OF THIS HOUSE TODAY WITH ANY RELISH...
04:03:43	THE SPEAKER PRO TEMPORE, - UNPRECEDENT REQUESTED FOR $700 BILLION. AND ASKS FOR ITS IMMEDIATE CONSIDERATION.
04:03:50	Spratt, John M Jr. - U.S. Representative, [D] South Carolina THE REQUEST CAME TO US, ALL THREE PAGES, MUCH LIKE TWO BOOK ENDS WITH CONTENTS TO FOLLOW. WHEN WE READ IT THE -- WE FOUND THE PRESIDENT HAD A MASSIVE...
04:07:53	THE SPEAKER PRO TEMPORE, - IT IS NONE OF THOSE THINGS. THE $700 BILLION IS
04:07:56	MR. BACHUS, - NOT BEING SPENT. IT WILL BE USED TO BUY ASSETS. THOSE ASSETS WILL
04:08:01	THE SPEAKER PRO TEMPORE, - HAVE VALUE AND THERE ARE THREE MECHANISMS BUILT INTO THE BILL THAT
04:08:04	Campbell, John - U.S. Representative, [R] California ARE VERY LIKELY TO RECOVER ALL OF THAT $700 BILLION FOR THE TAXPAYER AND PERHAPS EVEN EARN A PROFIT OVER TIME. IT'S SAID TO BE A BAILOUT. BUT THE PEOPLE...
04:11:07	THE SPEAKER PRO TEMPORE, - LEADERSHIP THIS WEEK. MADAM SPEAKER, I RISE IN SUPPORT OF THE EMERGENCY ECONOMIC STABILIZATION
04:11:11	Frank, Barney - U.S. Representative, [D] Massachusetts ACT OF 2008, RECOGNIZING HOW UNHAPPY WE ALL ARE AS AMERICANS TO BE IN THIS SITUATION. AND AS CO-CHAIR OF THE NEW DEMOCRATS WORKING GROUP
04:11:20	THE SPEAKER PRO TEMPORE, - AN REGULATORY MODERNIZATION, I'M COMMITTED TO ENSURING
04:11:23	Bean, Melissa - U.S. Representative, [D] Illinois THIS BODY FAST TRACKS REGULATORY REFORM OF OUR MARKETS, PARTICULARLY OVERSIGHT FOR THE INNOVATIVE COMPLEX NEW INSTRUMENTS THAT HAVE ENABLED SO MANY...
04:13:33	THE SPEAKER PRO TEMPORE, - MS. BROWN-WAITE. THE SPEAKER PRO TEMPORE: THE
04:13:35	MS. BEAN, - GENTLEWOMAN FROM FLORIDA IS RECOGNIZED FOR TWO MINUTES. MS. BROWN-WAITE: THANK YOU, MADAM SPEAKER. MADAM SPEAKER, I RISE TODAY BECAUSE OF MY GRAVE...
04:13:46	THE SPEAKER PRO TEMPORE, - NO MISTAKE, A VOTE FOR THIS BAILOUT IS A VOTE
04:13:49	MR. BACHUS, - TO RATIFY BUSINESS AS USUAL IN WASHINGTON. THE COMPROMISE WAS CRAFTED,
04:13:54	THE SPEAKER PRO TEMPORE, - INCLUDING SOME OF THE SAME PEOPLE WHO BROUGHT US THIS
04:13:57	Brown-Waite, Virginia "Ginny" - U.S. Representative, [R] Florida MESS, EXCEPT THIS TIME WE HAVE A GUN TO OUR HEAD. THIS ISN'T LEGISLATION. THIS IS EXTORTION. WE COULD ACTUALLY CALL IT THE IN-OUT PLAN AS THE F.B.I....
04:16:04	THE SPEAKER PRO TEMPORE, - GENTLEMAN FROM MASSACHUSETTS. MR. FRANK: I YIELD TWO MINUTES TO THE GENTLEWOMAN FROM OHIO, MS. KAPTUR.
04:16:10	MR. FRANK, - THE SPEAKER PRO TEMPORE: THE GENTLEWOMAN IS RECOGNIZED FOR TWO MINUTES. MS. KAPTUR: I THANK THE CHAIRMAN,
04:16:16	THE SPEAKER PRO TEMPORE, - BARNEY FRANK, FOR YIELDING ME THIS TIME. AMERICA NEEDS TOE RIGHT DEAL,
04:16:19	MS. SANCHEZ, - NOT A FAST DEAL. THIS CONGRESS MUST STEP UP TO ITS CONSTITUTIONAL
04:16:23	THE SPEAKER PRO TEMPORE, - RESPONSIBILITIES AS A
04:16:26	MR. FRANK, - DELIBERATIVE BODY TO CRAFT THAT RIGHT DEAL, NOT AN INSIDER
04:16:31	THE SPEAKER PRO TEMPORE, - TRADE. ACTUALLY THIS BILL IS THE WRONG MEDICINE.
04:16:34	Kaptur, Marcia "Marcy" - U.S. Representative, [D] Ohio IT CONCENTRATES FINANCIAL POWER EVEN MORE IN THE MEGA BANKS AND THE U.S. TREASURY. IT BAILS OUT THEIR BAD BEHAVIOR WITH NO REFORM TO PREVENT FURTHER...
04:18:47	THE SPEAKER PRO TEMPORE, - FOR NOBLE WORK IN BEING HANDED A PILE OF GARBAGE AND TRYING TO
04:18:50	MR. BACHUS, - MAKE IT BETTER. SADLY, I CAN'T ENDORSE THE WORK HE'S WORK SOD HARD TO BRING
04:18:55	THE SPEAKER PRO TEMPORE, - TODAY AND THIS MESS IS NOT OF HIS MAKING. OUR LEADER MR. BOEHNER
04:18:59	MR. LATOURETTE, - APPOINTED ABOUT 14 OF US TO DO A WORKING GROUP TO FIND AN ALTERNATIVE
04:19:03	THE SPEAKER PRO TEMPORE, - TO $700 BILLION, THINKING THAT $700 BILLION WAS A LOT
04:19:06	LaTourette, Steven C. - U.S. Representative, [R] Ohio OF MONEY. AND OUR RECOMMENDATIONS HAD A NUMBER OF PRINCIPLES, ONE IS THAT THE PEOPLE THAT MADE THE MESS SHOULD CLEAN UP THE MESS AND THANKFULLY THAT...
04:21:14	THE SPEAKER PRO TEMPORE, - MINUTE. THE SPEAKER: THANK YOU VERY MUCH, MADAM SPEAKER, FOR RECOGNIZING
04:21:20	Frank, Barney - U.S. Representative, [D] Massachusetts ME AND ALSO TO THE DISTINGUISHED CHAIRMAN FOR HIS EXTRAORDINARY LEADERSHIP WHICH I'LL ADDRESS IN A MOMENT. MADAM SPEAKER, WHEN WAS THE LAST TIME ANYONE...
04:21:30	THE SPEAKER PRO TEMPORE, - FOR $700 BILLION?
04:21:37	Pelosi, Nancy - U.S. Representative, [D] California IT'S A STAGGERING FIGURE. AND MANY QUESTIONS HAVE ARISEN FROM THAT REQUEST. WE HAVE BEEN HEARING, I THINK, A VERY INFORMED DEBATE ON ALL SIDES OF OF THIS...
04:37:50	THE SPEAKER PRO TEMPORE, - UNWILLING AT THIS POINT TO SIGN ON TO THIS LEGISLATION THAT'S BEFORE US. HOWEVER I DO BELIEVE ALSO, MADAM
04:37:56	MR. BACHUS, - SPEAKER, THE DEMOCRATS AND REPUBLICANS ARE BOTH COMMITTED TO FINDING A WAY OUT OF
04:38:01	THE SPEAKER PRO TEMPORE, - THIS FINANCIAL CHALLENGE. WE THINK WE HAVE ONE. BUT
04:38:04	Bachmann, Michele M. - U.S. Representative, [R] Minnesota THE ANSWER WE BELIEVE NEEDANT -- NEEDN'T CAUSE TAXPAYERS $700 BILLION. THE PROBLEM IS A LACK OF CREDIT FOR CREDITWORTHY PEOPLE. PEOPLE FOR WHOM ARE FULLY...
04:40:09	THE SPEAKER PRO TEMPORE, - A FOUND ON THE ON A
04:40:12	Frank, Barney - U.S. Representative, [D] Massachusetts WEAKENED MIDDLE CLASS. THE LAST SEVEN YEARS THEY HAVE SEEN INCOMES DECLINED -- DECLINE AND COSTS GO UP.
04:40:20	THE SPEAKER PRO TEMPORE, - THEY ARE WORKING HARDER, MAKING LESS, AND PAYING MORE TO MAINTAIN THEIR
04:40:24	Emanuel, Rahm - U.S. Representative, [D] Illinois STANDARD OF LIVING. AND SECOND, THAT THIS PROBLEM IS NOT AN EARTHQUAKE, IT'S NOT A NATURAL DISASTER. IT'S MAN MADE DISASTER. ONE IN WHICH A PHILOSOPHY...
04:42:29	MR. FRANK, - THAT THATARSONNIST
04:42:31	Emanuel, Rahm - U.S. Representative, [D] Illinois IS PUT INTO JAIL. I YIELD THE REMAINDER OF MY TIME. THE SPEAKER PRO TEMPORE: THE GENTLEMAN YIELDS BACK THE BALANCE OF HIS TIME. THE GENTLEMAN FROM...
04:42:56	THE SPEAKER PRO TEMPORE, - I THANK THE THE GENTLEMAN NOR YIELD. THE QUESTION
04:43:01	MR. BACHUS, - BEFORE SUSS THIS, SHOULD WE BUY THESE
04:43:06	THE SPEAKER PRO TEMPORE, - ILL LIQUID SECURITIES? THE BEST
04:43:09	MR. ENGLISH, - ARGUMENT AGAINST IT IS IT'S BASICALLY SOCIALIZING LOSSES AFTER WALL STREET TYPES HAVE POCKETED PROFITS. BUT YOU KNOW WHEN KNOWLEDGEABLE
04:43:17	Inglis, Robert "Bob" - U.S. Representative, [R] South Carolina PEOPLE TELL US THAT THERE IS A SUBSTANTIAL CHANCE OF A DEPRESSION, IT'S TIME TO ACT. OUR FINANCIAL MARKETS HAVE OVERDOSED ON CREDIT. TRUTH BE KNOWN...
04:44:19	THE SPEAKER PRO TEMPORE, - ASSETS WITHOUT ANY CONTROL. IN TERMS OF -- TERMS OF BAD MORTGAGES CANNOT BE
04:44:25	MR. FRANK, - CHANGED ABSENT CONTROLLING SHARE OF UNDERLYING SECURITIES. TO SUPPORT THIS
04:44:29	THE SPEAKER PRO TEMPORE, - LEGISLATION YOU THINK IT WOULD KEEP PEOPLE IN THEIR HOMES, THINK
04:44:31	Kucinich, Dennis - U.S. Representative, [D] Ohio AGAIN. IN FACT, TREASURY WILL NOT BE ABLE TO CHANGE THE TERMS OF BAD MORTGAGES BECAUSE THE ACT DOES NOT REQUIRE TREASURY TO PURCHASE A CONTROLLING...
04:46:33	THE SPEAKER PRO TEMPORE, - DEADLINE, RUSHING TO JUDGMENT, FEARFUL WE CAN'T GET THERE IN TIME. NO ONE HAS ADDRESSED THE FUNDAMENTAL REASONS THAT
04:46:40	Unidentified Speaker, - BROUGHT US TO THIS STATE OF FEAR. NO ONE HAS TALKED ABOUT IT BECAUSE THIS BILL DOES NOT FIX
04:46:45	THE SPEAKER PRO TEMPORE, - THE UNDERLYING PROBLEMS. YOUR FEAR DRIVES YOU AWAY FROM
04:46:48	Tiahrt, Todd - U.S. Representative, [R] Kansas REASONING. SO NOW THE WORM TURNS. THOSE OF YOU WHO COMPLAIN THE RICH GETTING RICHER WANT TO TAKE MONEY AWAY FROM THOSE WHO CAN'T AFFORD IT AND GIVE IT...
04:47:42	THE SPEAKER PRO TEMPORE, - SYNDROME. NONE OF US LIKE IT. THE DRUNK DRIVER, THE ONE WHO
04:47:45	MR. FRANK, - IS INTOXICATED, THE DRUNK
04:47:48	THE SPEAKER PRO TEMPORE, - DRIVER HERE WAS THESE MARKETS THAT NOW HAVE HAD A CRASH ON A
04:47:52	Meeks, Gregory - U.S. Representative, [D] New York THOROUGHFARE, THE SAME THOROUGH FAIR THAT MANY INDIVIDUALS DRIVE ON. AND THAT THAT ROE FARE IS BLOCKED. UNFORTUNATELY WORK THE DRUNK DRIVER, WE HAVE TO...
04:49:05	THE SPEAKER PRO TEMPORE, - ARE PART OF THIS MESS. WE NEED TO
04:49:08	Unidentified Speaker, - MAKE IT LOUD AND CLEAR TO THOSE WHO GAMBLE WITH THOSE
04:49:12	THE SPEAKER PRO TEMPORE, - FUNDS IT'S
04:49:17	Murphy, Timothy "Tim" - U.S. Representative, [R] Pennsylvania NOT ALOUD. WE NEED TO MAKE SURE THAT PEOPLE WHO GOT LOANS WITH NO CREDIT AND NO MONEY DOWN CAN'T GET THOSE LOANS ANYMORE. BUT WE'RE TALKING ABOUT $700...
04:50:17	THE SPEAKER PRO TEMPORE, - ADMINISTRATION SO BLINDED BY THEIR IDEOLOGY OF DEREGULATION THAT IT KEPT THEM FROM PREVENTING
04:50:22	MR. FRANK, - THIS CRISIS. BECAUSE OF THE MASTERFUL WORK OF CHAIRMAN BARNEY FRANK AND OTHERS, IT
04:50:28	THE SPEAKER PRO TEMPORE, - IS INCREDIBLY IMPROVED. WE HOPE IT
04:50:31	Waxman, Henry - U.S. Representative, [D] California WILL WORK TO STABILIZE THE ECONOMY. NOBEL PRIZE ECONOMISTS HAVE RECOMMENDED ALTERNATIVE APPROACHES, BUT ALMOST ALL OF THEM HAVE SAID, DON'T LEAVE WITHOUT...
04:51:35	THE SPEAKER PRO TEMPORE, - FDIC INSURANCE WHICH WOULD MAKE PEOPLE COMFORTABLE AND SAFE WHEN THEY'RE RUSHING TO THE BANKS RIGHT
04:51:42	MR. BACHUS, - NOW. IT CONTAINS NO TAX CHANGES NO AOPTOMETRY DEAL SYSTEMATICALLY WITH THE PROBLEM.
04:51:47	THE SPEAKER PRO TEMPORE, - BUT MOST IMPORTANTLY, IT CONTAINS NO CHANGE IN THE MARK-TO-MARKET
04:51:51	Shadegg, John - U.S. Representative, [R] Arizona RULES. A BANKER FRIEND OF MIN CALLED ME AND SAID MARK-TO-MARKET IS DESTROYING THE VALUE OF THE MARKETS. BANK EXAMINERS ARE NOT EVEN ENFORCING THEIR...
04:52:52	THE SPEAKER PRO TEMPORE, - AND QUEENS, NEW YORK. EVERYONE IS ANGRY THAT
04:52:55	MR. FRANK, - WE'RE HERE THIS AFTERNOON ENACTING THIS PIECE OF
04:52:59	THE SPEAKER PRO TEMPORE, - LEGISLATION. BUT IMMEDIATE ACTION MUST BE TAKEN OR OUR NATION'S CREDIT
04:53:02	Crowley, Joseph - U.S. Representative, [D] New York SYSTEM AND BANKING SYSTEM WILL DRY UP. WHAT THAT MEANS IS PENSION PLANS, RETIRMENTE SAVINGS WILL BE THREATENED BY THE WILD FLUCKSHATIONS OF THE STOCK...
04:54:17	THE SPEAKER PRO TEMPORE, - WILL ALLOW GREATER OVERSIGHT OF THE
04:54:19	MR. BACHUS, - SEC SECRETARY'S ACTIONS. BUT THIS
04:54:23	THE SPEAKER PRO TEMPORE, - WILL STILL COST THE AVERAGE COLORADO HOUSEHOLD THOUSANDS.
04:54:27	Musgrave, Marilyn - U.S. Representative, [R] Colorado I CANNOT STOMACH TRANSFERING THAT KIND OF MONEY FROM MIDDLE CLASS TAXPAYERS TO WALL STREET BANKERS WHOSE AVARICE AND GREED PUT US IN THIS SITUATION IN...
04:55:17	THE SPEAKER PRO TEMPORE, - A TEACHER WANTED TO GET A PAYROLL LINE.
04:55:20	MR. FRANK, - IT PUT ALL THE WORKERS IN LINE FOR A PAYLESS PAYDAY.
04:55:25	THE SPEAKER PRO TEMPORE, - WE HAD 60 FOLKS WHO WILL NOT BE ABLE TO MAKE CAR NOTES, MORTGAGES, PERHAPS PAY CREDIT CARDS, WHO KNOWS WHAT. THESE -- THIS KIND OF PROBLEM IS THROUGHOUT
04:55:36	Ellison, Keith - U.S. Representative, [D] Minnesota THE ECONOMY, THAT'S WHY THE UNEMPLOYMENT RATE IS 6.2%. WE CAN WAIT TO SEE THE PAIN AND THEN BE MOTIVATED TO ACT, BUT DO YOU REALLY WANT TO SEE 8% OR 9%...
04:56:09	THE SPEAKER PRO TEMPORE, - OUT. WE'RE GOING
04:56:11	MR. BACHUS, - TO MAKE A DECISION. THERE ARE NO MORE
04:56:17	THE SPEAKER PRO TEMPORE, - ALTERNATIVES. THERE ARE NO OTHER CHOICES. JUST THIS ONE CHOICE.
04:56:26	Bachus, Spencer - U.S. Representative, [R] Alabama AND I DON'T KNOW ABOUT YOU, I BELIEVE EVERY MEMBER OF THIS BODY FEELS AS IF THERE'S AN AWESOME RESPONSIBILITY ON OUR SHOULDERS. THIS WILL BE THE MOST...
04:59:09	THE SPEAKER PRO TEMPORE, - GENTLEMAN FROM CONNECTICUT, MS. DELAW ROE. THE SPEAKER PRO TEMPORE: THE GENTLEWOMAN FROM CONNECTICUT IS -- FROM CONNECTICUT IS RECOGNIZED FOR ONE...
04:59:20	Frank, Barney - U.S. Representative, [D] Massachusetts TO RESCUE THE ECONOMY AND MAKE SURE THE MIDDLE CLASS AND SMALL BUSINESSES GET ON THEIR FEET. HAY HATE THE NEAR-CRIMINAL MISMANAGEMENT OF OUR ECONOMY...
04:59:34	THE SPEAKER PRO TEMPORE, - MELTDOWN UNSEEN SINCE THE GREAT DEPRESSION AND I HAVE A RESPONSIBILITY TO AVERT IT IN THE INTEREST
04:59:39	DeLauro, Rosa - U.S. Representative, [D] Connecticut OF THE COUNTRY, THOUGH I KNOW IT WILL BE UNPOPULAR. FOR TOO LONG, THE POLICY OF THIS ADMINISTRATION AND THE PREVIOUS MAJORITY IN CONGRESS PUT MIDDLE CLASS...
05:00:53	THE SPEAKER PRO TEMPORE, - NONE OF US WANT TO BE HERE TODAY. ALL OF US WOULD RATHER NOT BE DEALING WITH THIS SITUATION. NONE OF US WANT TO SEE THE WORLDWIDE ECONOMIC NEWS OVER
05:01:02	MR. BACHUS, - THE WEEKEND, BUT IT ALL HAPPENED AND WE
05:01:06	THE SPEAKER PRO TEMPORE, - SEE THINGS HAPPENING IN OUR COUNTRY TODAY THAT HAVE TO BE DEALT WITH, AND THIS BODY HAS
05:01:11	Blunt, Roy - U.S. Representative, [R] Missouri THE OPPORTUNITY TO DEAL WITH THOSE THINGS. WE'VE REACHED OUT TO TRY TO COMPROMISE ON BOTH SIDES OF THE AISLE ON A SOLUTION. NOW, FRANKLY, I THINK EVERY...
05:05:38	THE SPEAKER PRO TEMPORE, - STREET GETS CLEANED OUT. NOBODY WANTS TO DO
05:05:43	Frank, Barney - U.S. Representative, [D] Massachusetts THIS. NOBODY WANTS TO CLEAN UP THE MESS CREATED BY WALL STREET
05:05:50	THE SPEAKER PRO TEMPORE, - RECKLESSNESS. NOBODY THINKS THIS IS PERFECT. BUT IF WE DON'T
05:05:54	Markey, Edward J. - U.S. Representative, [D] Massachusetts ACT NOW, WE WON'T JUST PUNISH WALL STREET, BUT PUNISH INNOCENT PEOPLE ON MAIN STREET WHO WILL GET CLEANED OUT. THIS IS THE GREATEST THREAT TO THOSE PEOPLE...
05:07:07	THE SPEAKER PRO TEMPORE, - I RISE IN SUPPORT OF THIS LEGISLATION. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, SO ORDERED. THE GENTLEMAN FROM MASSACHUSETTS. MR. FRANK: INQUIRING
05:07:14	MR. BACHUS, - AGAIN? WE HAVE FOUR
05:07:15	THE SPEAKER PRO TEMPORE, - MINUTES? THE SPEAKER PRO TEMPORE: TWO MINUTES AND FOUR MINUTES. MR. FRANK: WE HAVE FOUR MINUTES. MR. FRANK: I YIELD MYSELF THREE
05:07:22	MR. FRANK, - MINUTES. THE SPEAKER PRO TEMPORE: THE GENTLEMAN IS RECOGNIZED FOR THREE
05:07:30	THE SPEAKER PRO TEMPORE, - MINUTES. MR. FRANK: MADAM SPEAKER, I
05:07:34	MR. FRANK, - MOSTLY APPRECIATE THE KIND WORDS DIRECTED TO ME, I SAY MOSTLY
05:07:37	THE SPEAKER PRO TEMPORE, - BECAUSE IT HAS BEEN MY EXPERIENCE BECAUSE THERE IS
05:07:40	MR. FRANK, - OFTEN AN INVERSUS
05:07:41	MR. FRANK, - RATIO BETWEEN THE NICE THINGS PEOPLE SAY
05:07:44	THE SPEAKER PRO TEMPORE, - ABOUT YOU AND THE INCLINATION TO VOTE FOR YOUR BILL. I HOPE WE CAN OVERCOME THAT. WE HAVE WORKED ON THIS IN A
05:07:53	Frank, Barney - U.S. Representative, [D] Massachusetts COMPROMISED WAY. AND I'M PROUD TO HAVE WORKED WITH THE WHIP AND RANKING MEMBER COUNTERPART AND OTHERS ACROSS THE IDEOLOGICAL SPECTRUM AND MEETING A NATIONAL...
05:11:06	THE SPEAKER PRO TEMPORE, - FROM ALABAMA HAS TWO MINUTES REMAINING. MR. BACHUS: THANK YOU, MADAM SPEAKER SPEAKER. I YIELD THE BALANCE OF OUR TIME TO OUR VERY CAPABLE LEADER, MR....
05:11:21	MR. FRANK, -
05:11:24	THE SPEAKER PRO TEMPORE, - MINUTES.
05:11:29	Bachus, Spencer - U.S. Representative, [R] Alabama MR. BOEHNER: MADAM SPEAKER, THANK YOU AND LET ME THANK MY COLLEAGUE FROM ALABAMA FOR
05:11:37	THE SPEAKER PRO TEMPORE, - YIELDING. AND THANK HIM FOR HIS WORDS. THE GENTLEMAN ALONG WITH THE CHAIRMAN, HAVE BEEN THROUGH A TOUGH PERIOD. AND IT'S NOT JUST BEEN THE LAST
05:11:50	Boehner, John A. - U.S. Representative, [R] Ohio WEEK OR 11 DAYS. IT'S BEEN, REALLY, THE LAST YEAR. AND I THANK BOTH OF THEM FOR THEIR GOOD WORK. YOU KNOW, THE AMERICAN PEOPLE ARE ANGRY, ANGRY THAT...
05:16:43	THE SPEAKER PRO TEMPORE, - HAVE THE PRIVILEGE TO THE REGRET OF ABSOLUTELY NOBODY OF CLOSING OUT THIS DEBATE BY YIELDING ONE MINUTE TO THE VERY ABLE MAJORITY LEADER WHO HAS PLAYED...
05:17:02	Frank, Barney - U.S. Representative, [D] Massachusetts THE GENTLEMAN FOR YIELDING. WE SWORE AN OATH TO PROTECT THIS COUNTRY, TO PROTECT OUR CONSTITUTION AND PROTECT OUR PEOPLE. MOST DAYS IN THE HOUSE OF REPRESENTATIVES,...
05:17:18	THE SPEAKER PRO TEMPORE, - JUDGMENTS.
05:17:22	Hoyer, Steny H. - U.S. Representative, [D] Maryland THOS CONSEQUENCE, LET US MEET THE CHALLENGE, LET US ACT, LET US CONFRONT THIS CRISIS, LET US BE THE BEST OF THE PEOPLE'S HOUSE. AND I YIELD BACK THE...
05:26:41	Foster, Bill - U.S. Representative, [D] Illinois THOSE OPPOSED, NO. THE AYES HAVE IT. THE MOTION IS AGREED TO AND WITHOUT OBJECTION -- THE MOTION TO -- THE GENTLEMAN FROM GEORGIA IS RECOGNIZED. A RECORDED...
06:05:57	THE SPEAKER PRO TEMPORE, - PREVAILING SIDE, IF I WERE TO MOVE TO RECONSIDER, WHEN WOULD THE CHAIR BRING THE BILL BACK UP?
06:06:10	Barton, Joe - U.S. Representative, [R] Texas THE SPEAKER PRO TEMPORE: THE MOTION TO RECONSIDER WOULD BE ENTERED AND DISPOSED OF AT THIS TIME. MR. BARTON: IT WOULD BE IMMEDIATELY? IS THAT NOT AT...
06:06:30	THE SPEAKER PRO TEMPORE, - MOTION IS OFFERED, THE CHAIR WILL PUT THE QUESTION. MR. BARTON: I'M
06:06:36	MR. BARTON, - SORRY. THE SPEAKER PRO TEMPORE: IF THE MOTION IS OFFERED, THE CHAIR WILL PUT THE QUESTION. >> REGULAR ORDER. MR. BARTON: I WITHDRAW, MADAM
06:06:49	THE SPEAKER PRO TEMPORE, - SPEAKER. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE MOTION TO RECONSIDER IS LAID UPON THE TABLE. THE
06:06:56	MR. BARTON, - UNFINISHED BUSINESS IS THE
06:06:57	THE SPEAKER PRO TEMPORE, - QUESTION ON SUSPENDING THE RULES AND PASS H.R. 7175 WHICH THE CLERK WILL REPORT BY TITLE. THE CLERK: H.R. 7175 A BILL TO AMEND THE SMALL BUSINESS
06:07:04	Unidentified Speaker, - ACT TO IMPROVE SECTION THE LENDING PROGRAM
06:07:08	MR. BARTON, - AND FOR OTHER
06:07:12	THE SPEAKER PRO TEMPORE, - PURPOSES. THE SPEAKER PRO TEMPORE: WILL
06:07:22	THE CLERK, - THE HOUSE SUSPEND THE RULES AND PASS THE BILL AS AMENDED. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO. IN THE OPINION OF THE CHAIR, 2/3 BEING IN THE AFFIRMATIVE,...
06:07:41	THE SPEAKER PRO TEMPORE, - SUFFICIENT NUMBER HAVING ARISEN, A RECORDED VOTE IS ORDERED. MEMBERS WILL RECORD THEIR VOTES BY ELECTRONIC DEVICE. THIS IS A 15-MINUTE VOTE. -- FIVE-MINUTE...
06:07:57	THE SPEAKER PRO TEMPORE, - UNITED STATES HOUSE OF REPRESENTATIVES. ANY USE OF THE CLOSED-CAPTIONED COVERAGE OF THE HOUSE PROCEEDINGS FOR POLITICAL OR COMMERCIAL PURPOSES IS EXPRESSLY...
06:17:48	THE CLERK, - CENTER. THE SPEAKER PRO TEMPORE: THE CHAIR LAYS BEFORE THE HOUSE THE FOLLOWING COMMUNICATIONS. THE CLERK: THE HONORABLE THE SPEAKER, HOUSE OF REPRESENTATIVES,...
06:18:18	THE SPEAKER PRO TEMPORE, - RESOLUTIONS AUTH RISED CORPS SURVEYS OR STUDIES OF WATER RESOURCE NEEDS AND POSSIBLE
06:18:24	THE CLERK, - SOLUTIONS. THE COMMITTEE ADOPTED THE RESOLUTIONS BY A VOICE VOTE WITH A QUORUM PRESENT. ENCLOSE READY COPIES OF THE RESOLUTIONS ADOPTED BY THE COMMITTEE....
06:19:50	THE SPEAKER PRO TEMPORE, - AND ENERGY ACT OF 2008 IN WHICH THE CONCURRENCE OF THE HOUSE IS REQUESTED. THE SPEAKER PRO TEMPORE: THE HOUSE WILL BE IN ORDER. FOR WHAT PURPOSE DOES...
06:34:26	THE SPEAKER PRO TEMPORE, - THE CLERK: SENATE 3550, AN ACT TO DESIGNATE A PORTION OF THE RIVER IN THE COMMONCH WEALTH OF VIRGINIA AS JOHN WARNER RAPIDS. THE SPEAKER
06:34:35	Rahall, Nick Joe - U.S. Representative, [D] West Virginia PRO TEMPORE: IS THERE OBJECTION TO CONSIDERATION OF THE BILL? WITHOUT OBJECTION THE BILL IS READ A THIRD TIME AND PASSED
06:34:43	THE SPEAKER PRO TEMPORE, - AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE.
06:34:47	THE CLERK, - FOR WHAT PURPOSE DOES THE GENTLEMAN FROM WEST VIRGINIA RISE? MR. RAHALL: I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON NATURAL RESOURCES BE
06:34:55	THE SPEAKER PRO TEMPORE, - DISCHARGED FROM THE FURTHER CONSIDERATION OF S. 3128 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT...
06:35:12	Rahall, Nick Joe - U.S. Representative, [D] West Virginia AND DESIGNING A CERTAIN WATER SYSTEM PROJECT. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO CONSIDERATION OF THE BILL? WITHOUT OBJECTION, THE BILL...
06:35:21	THE SPEAKER PRO TEMPORE, - READ A THIRD TIME AND PASSED AND THE MOTION TO RECONSIDER IS LAID
06:35:25	Rahall, Nick Joe - U.S. Representative, [D] West Virginia ON THE TABLE. MR. RAHALL: MADAM SPEAKER. THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM WEST VIRGINIA RISE? MR. RAHALL: I ASK UNANIMOUS...
06:35:36	Rahall, Nick Joe - U.S. Representative, [D] West Virginia TO TAKE FROM THE SPEAKER'S TABLE H.R. 2963 WITH THE SENATE AMENDMENTS THERETO AND CONCUR IN THE SENATE AMENDMENTS. THE SPEAKER PRO TEMPORE: THE ...
06:35:49	MR. RAHALL, - RIVERSIDE, CALIFORNIA AND SAN DIEGO FROM THE BURRO
06:35:51	THE SPEAKER PRO TEMPORE, - OF LAND MANAGEMENT TO THE UNITED STATES TO BE HELD IN
06:35:54	MR. RAHALL, - TRUST FOR THE MISSION INDIANS AND FOR OTHER PURPOSES. THE SPEAKER PRO TEMPORE: WITHOUT
06:36:03	THE SPEAKER PRO TEMPORE, - OBJECTION. THE READING IS DISPENSED WITH.
06:36:07	Rahall, Nick Joe - U.S. Representative, [D] West Virginia IS THERE OBJECTION TO THE ORIGINAL REQUEST OF THE THE GENTLEMAN FROM WEST VIRGINIA? WITHOUT OBJECTION, THE SENATE AMENDMENTS ARE AGREED TO AND THE MOTION...
06:36:20	Rahall, Nick Joe - U.S. Representative, [D] West Virginia RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER. THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM WEST VIRGINIA RISE? MR....
06:36:43	MR. RAHALL, - PARCELS
06:36:44	THE SPEAKER PRO TEMPORE, - OF THE FEDERAL LAND OF THE BENEFIT OF CERTAIN
06:36:47	Rahall, Nick Joe - U.S. Representative, [D] West Virginia INDIAN PUEBLOS IN THE STATE OF NEW MEXICO THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO CONSIDERATION OF THE BILL? MR. RAHALL: I
06:36:56	THE SPEAKER PRO TEMPORE, - OFFER AN AMENDMENT. THE SPEAKER PRO TEMPORE: THE CLERK
06:37:00	Rahall, Nick Joe - U.S. Representative, [D] West Virginia WILL REPORT THE AMENDMENT. THE CLERK: AMENDMENT OFFERED BY MR. RAHALL OF WEST VIRGINIA. MR. RAHALL: I ASK UNANIMOUS CONSENT THAT THE AMENDMENT BE CONSIDERED...
06:37:13	THE SPEAKER PRO TEMPORE, -
06:37:16	MR. RAHALL, - WITH.
06:37:19	THE SPEAKER PRO TEMPORE, - WITHOUT OBJECTION,
06:37:21	THE CLERK, - THE AMENDMENT IS AGREED TO. THE BILL IS READ A THIRD TIME,
06:37:24	MR. RAHALL, - PASSED AND THE THE MOTION TO RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER -- THE SPEAKER
06:37:30	THE SPEAKER PRO TEMPORE, - PRO TEMPORE: WITHOUT OBJECTION, THE TITLE IS AMENDED. MR. RAHALL: MADAM SPEAKER. THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM WEST...
06:37:48	MR. RAHALL, - BILL AND SENATE AMENDMENT. >> H.R. 5618, AN ACT TO AMEND THE SEA
06:37:51	THE SPEAKER PRO TEMPORE, - GRANT COLLEGE PROGRAM AND FOR OTHER PURPOSES. SENATE
06:37:54	MR. RAHALL, - AMENDMENT.
06:37:55	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION,
06:37:58	MR. RAHALL, - THE READING IS DISPENSED WITH. IS THERE OBJECTION TO THE ORIGINAL REQUEST OF THE THE GENTLEMAN FROM WEST VIRGINIA?
06:38:05	THE SPEAKER PRO TEMPORE, - WITHOUT OBJECTION, THE SENATE AMENDMENT IS AGREED TO AND THE MOTION
06:38:09	Unidentified Speaker, - TO RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER. THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM WEST VIRGINIA RISE?...
06:38:17	THE SPEAKER PRO TEMPORE, - CONSENT TO TAKE THE BILL S. 1582 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT. THE CLERK:...
06:38:32	MR. RAHALL, - DROWGRAPHIC ACT AND FOR OTHER
06:38:33	THE SPEAKER PRO TEMPORE, - PURPOSES. THE SPEAKER PRO TEMPORE: IS THERE
06:38:36	MR. RAHALL, - OBJECTION. THE BILL IS READ A THIRD TIME AND PASSED AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER, I ASK UNANIMOUS CONSENT...
06:38:44	THE SPEAKER PRO TEMPORE, - THE SPEAKER'S TABLE THE BILL H.R. 5350 WITH THE SENATE AMENDMENT AND TO CONCUR IN THE SENATE AMENDMENT.
06:38:49	THE CLERK, - THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL AND THE SENATE AMENDMENT.
06:38:55	THE SPEAKER PRO TEMPORE, - THE CLERK: AN ACT TO AUTHORIZE THE SECRETARY OF COMMERCE TO SELL OR EXCHANGE CERTAIN NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION PROPERTY LOCATED...
06:39:02	MR. RAHALL, - AND FOR OTHER PURPOSES. SENATE AMENDMENT. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE READING IS DISPENSED WITH. IS THERE OBJECTION TO
06:39:10	THE SPEAKER PRO TEMPORE, - THE ORIGINAL REQUEST OF THE THE GENTLEMAN FROM WEST VIRGINIA? WITHOUT OBJECTION, THE SENATE AMENDMENT IS
06:39:15	Rahall, Nick Joe - U.S. Representative, [D] West Virginia AGREED TO. AND MOTION IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON NATURAL RESOURCES BE DISCHARGED...
06:39:26	THE SPEAKER PRO TEMPORE, - CONSIDERATION OF HOUSE RESOLUTION 1474 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE RESOLUTION....
06:39:41	Rahall, Nick Joe - U.S. Representative, [D] West Virginia VERTICAL ASENT IN YOSEMITE NATIONAL PARK AND THE ORIGINAL CLIMBING TEAM. THE SPEAKER PRO TEMPORE: IS
06:39:52	THE SPEAKER PRO TEMPORE, - THERE OBJECTION TO CONSIDERATION OF THE RESOLUTION? WITHOUT OBJECTION, THE RESOLUTION
06:39:56	THE CLERK, - IS AGREED TO AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON NATURAL RESOURCES...
06:40:10	THE SPEAKER PRO TEMPORE, - PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL. THE CLERK: H.R. 7017, A BILL TO AMEND PUBLIC LAW 100-573 TO EXTEND THE AUTHORIZATION OF THE
06:40:20	Rahall, Nick Joe - U.S. Representative, [D] West Virginia DELAWARE WATER GAP NATIONAL RECREATION AREA CITIZEN ADVISORY COMMISSION. MR. RAHALL: I OFFER AN
06:40:30	THE SPEAKER PRO TEMPORE, - AMENDMENT. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO CONSIDERATION OF THE
06:40:34	THE CLERK, - BILL? THE GENTLEMAN FROM WEST VIRGINIA. MR. RAHALL: I OFFER AN AMENDMENT. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE AMENDMENT. THE CLERK: AMENDMENT...
06:40:48	MR. RAHALL, - CONSIDERED AS READ AND PRINTED IN THE RECORD. THE SPEAKER PRO
06:40:51	THE SPEAKER PRO TEMPORE, - TEMPORE: WITHOUT OBJECTION. THE AMENDMENT IS AGREED TO. THE BILL IS ENGROSSED, READ A THIRD TIME, PASSED AND THE
06:40:57	MR. RAHALL, - MOTION TO RECONSIDER IS LAID ON THE TABLE. MR. RAHALL: MADAM
06:41:00	THE SPEAKER PRO TEMPORE, - SPEAKER, I ASK UNANIMOUS CONSENT THAT THE
06:41:02	THE CLERK, - COMMITTEE ON TRANSPORTATION AND INFRASTRUCTURE BE DISCHARGED
06:41:05	MR. RAHALL, - FROM FURTHER CONSIDERATION OF S. 2382 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE.
06:41:11	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL. THE CLERK: SENATE 2382 AN ACT TO REQUIRE THE ADMINISTRATOR OF
06:41:20	Rahall, Nick Joe - U.S. Representative, [D] West Virginia THE FEDERAL EMERGENCY MANAGEMENT AGENCY TO ADDRESS SURPLUS MANUFACTURED HOUSING UNITS STORED BY THE FEDERAL GOVERNMENT AROUND THE COUNTRY AT TAXPAYER...
06:41:32	THE SPEAKER PRO TEMPORE, - THERE OBJECTION TO THE CONSIDERATION OF THE BILL? MR. RAHALL: I HAVE AN AMENDMENT AT THE
06:41:37	Oberstar, James L. - U.S. Representative, [D] Minnesota DESK. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE AMENDMENT. THE CLERK: AMENDMENT OFFERED BY MR. RAHALL OF WEST VIRGINIA. MR. RAHALL: I ASK UNANIMOUS...
06:41:51	THE SPEAKER PRO TEMPORE, - WITHOUT OBJECTION, THE AMENDMENT IS AGREED TO, MOTION TO REEK IS
06:41:55	MR. RAHALL, - LAID ON THE TABLE. MR. RAHALL: MADAM SPEAKER,
06:41:58	THE SPEAKER PRO TEMPORE, - I ASK UNANIMOUS CONSENT
06:42:00	THE CLERK, - TO TAKE FROM THE SPEAKER'S DESK HOUSE RESOLUTION 1382 AND ASK
06:42:03	MR. RAHALL, - FOR ITS IMMEDIATE CONSIDERATION. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE RESOLUTION.
06:42:08	THE SPEAKER PRO TEMPORE, - THE CLERK: HOUSE CALENDAR 284, RESOLUTION HONORING THE HERITAGE OF THE COAST GUARD. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION
06:42:19	Rahall, Nick Joe - U.S. Representative, [D] West Virginia TO CONSIDERATION OF THE RESOLUTION? WITHOUT OBJECTION, THE RESOLUTION IS AGREED TO AND THE MOTION TO RECONSIDER IS LAID ON
06:42:26	THE SPEAKER PRO TEMPORE, - THE
06:42:30	THE CLERK, - TABLE. >> MADAM SPEAKER. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM MASSACHUSETTS. MR. MARKEY: MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE
06:42:37	THE SPEAKER PRO TEMPORE, - COMMITTEE ON ENERGY AND COMMERCE BE DISCHARGED FROM FURTHER CONSIDERATION OF THE BILL S. 1492 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE...
06:42:51	Unidentified Speaker, - THE CLERK:
06:42:52	THE SPEAKER PRO TEMPORE, - SENATE 1492 AN ACT TO IMPROVE THE QUALITY OF FEDERAL
06:42:55	Towns, Edolphus - U.S. Representative, [D] New York AND STATE DATA REGARDING THE AVAILABILITY OF BROADBAND SERVICES AND PROMOTE THE DEPLOYMENT OF AFFORDABLE BROADBAND SERVICES TO ALL PARTS OF THE NATION....
06:43:08	THE SPEAKER PRO TEMPORE, - SPEAKER. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO CONSIDERATION OF THE
06:43:12	Markey, Edward J. - U.S. Representative, [D] Massachusetts BILL? THE GENTLEMAN FROM MASSACHUSETTS. MR. MARKEY: MADAM SPEAKER, I HAVE AN AMENDMENT AT THE DESK. ISM THE CLERK WILL REPORT THE AMENDMENT. THE CLERK:...
06:43:25	THE SPEAKER PRO TEMPORE, - READING OF THE AMENDMENT. THE SPEAKER PRO TEMPORE:
06:43:28	MR. MARKEY, - WITHOUT OBJECTION. WITHOUT
06:43:29	THE SPEAKER PRO TEMPORE, - OBJECTION. READING IS DISPENSED WITH. WITHOUT OBJECTION, THE AMENDMENT IS AGREED TO, READ A THIRD TIME, PASSED AND THE MOTION
06:43:36	MR. MARKEY, - TO RECONSIDER IS LAID ON THE TABLE. MR. MARKEY: I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE
06:43:41	THE CLERK, - FIVE LEGISLATIVE DAYS TO REVISE
06:43:42	MR. MARKEY, - AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS ON THE BILL JUST PASSED BY THE HOUSE.
06:43:48	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION. MR. MARKEY: I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON ENERGY AND COMMERCE AND THE COMMITTEE ON THE JUDICIARY...
06:43:58	Markey, Edward J. - U.S. Representative, [D] Massachusetts DISCHARGED FROM FURTHER CONSIDERATION OF THE BILL S. 1276 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL...
06:44:09	THE SPEAKER PRO TEMPORE, - THE CLERK: SENATE 1276 AN ACT TO
06:44:11	Markey, Edward J. - U.S. Representative, [D] Massachusetts FACILITATE THE THE CREATION OF METHAMPHETAMINE PREOCCURSOR LOG BOOK AND FOR OTHER PURPOSES. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION FOR CONSIDERATION...
06:44:26	THE SPEAKER PRO TEMPORE, - AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. MR. MARKEY: MADAM SPEAKER, I ASK
06:44:30	THE CLERK, - UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS TO REVISE AND EXTEND THEIR REMARKS AND TO INCLUDE EXTRANEOUS MATERIAL ON THE BILL THAT...
06:44:40	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION. MR. MARKEY: THANK YOU, MADAM SPEAKER. . >>
06:44:49	Markey, Edward J. - U.S. Representative, [D] Massachusetts MADAM SPEAKER. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM MASSACHUSETTS. >> MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE BILL H.R. 3399 BE REFERRED...
06:45:01	THE SPEAKER PRO TEMPORE, - COMMITTEE ON AGRICULTURE AND IN
06:45:03	MR. MARKEY, - ADDITION TO THE COMMITTEE'S ON ENERGY AND COMMERCE, WAYS AND MEANS AND FOREIGN AFFAIRS. THE
06:45:11	Unidentified Speaker, - SPEAKER PRO TEMPORE: WITHOUT
06:45:13	THE SPEAKER PRO TEMPORE, - OBJECTION. MR. MARKEY: THANK YOU, MADAM
06:45:15	Markey, Edward J. - U.S. Representative, [D] Massachusetts SPEAKER.
06:45:32	THE SPEAKER PRO TEMPORE, -
06:45:34	MR. MARKEY, - THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NORTH CAROLINA RISE? >> MADAM SPEAKER, I ASK UNANIMOUS CONSENT TO TAKE FROM THE SPEAKER'S...
06:46:01	THE SPEAKER PRO TEMPORE, - H.R. 6849, AN ACT TO AMEND THE COMMODITY PROVISIONS
06:46:04	Rahall, Nick Joe - U.S. Representative, [D] West Virginia OF THE FOOD CONSERVATION AND ENERGY ACT OF 2008, TO PERMIT PRODUCERS TO AGGREGATE-BASED ACRES AND REINSTITUTE FARMS -- RECONS CONSTITUTE FARMS FOR PROHIBITION
06:46:16	THE SPEAKER PRO TEMPORE, - OF AVERAGE CROP REVENUE PAYMENT WHEN IS THE SUM OF THE BASE ACRES OF A FARM IS 10 ACRES OR LESS AND FOR
06:46:21	THE CLERK, - OTHER PURPOSES. SENATE AMENDMENT. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE READING IS DISPENSED WITH. IS THERE OBJECTION TO THE REQUEST OF THE...
06:46:46	THE SPEAKER PRO TEMPORE, - TEMPORE: THE GENTLEMAN FROM NORTH CAROLINA. >> I ASK UNANIMOUS CONSENT THAT ALL MEMBERS HAVE FIVE LEGISLATIVE DAYS IN WHICH TO REVISE AND EXTEND THEIR...
06:47:02	MR. MARKEY, - CAROLINA. >> I ASK UNANIMOUS
06:47:03	Unidentified Speaker, - CONSENT TO TAKE FROM THE SPEAKER'S DESK H.R. 6098 WITH AT SENATE
06:47:06	THE SPEAKER PRO TEMPORE, - AMENDMENT THERETO AND CONCUR IN THE SENATE AMENDMENT.
06:47:08	Etheridge, Bob - U.S. Representative, [D] North Carolina THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL AND THE SENATE AMENDMENT. THE CLERK: H.R. 6098, AN ACT TO AMEND THE HOMELAND SECURITY...
06:47:17	THE SPEAKER PRO TEMPORE, - TO IMPROVE THE FINANCIAL ASSISTANCE
06:47:18	Unidentified Speaker, - PROVIDED TO STATE, LOCAL AND TRIBAL
06:47:20	THE SPEAKER PRO TEMPORE, - GOVERNMENTS FOR INFORMATION-SHARING
06:47:23	Unidentified Speaker, - ACTIVITIES AND FOR OTHER PURPOSES. SENATE AMENDMENT. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION, THE READING IS
06:47:29	THE SPEAKER PRO TEMPORE, - DISPENSED WITH. IS THERE OBJECTION TO THE ORIGINAL REQUEST OF THE GENTLEMAN FROM NORTH
06:47:34	Etheridge, Bob - U.S. Representative, [D] North Carolina CAROLINA? WITHOUT OBJECTION, THE SENATE AMENDMENT IS AGREED TO AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. >> MADAM SPEAKER. THE SPEAKER PRO TEMPORE:...
06:47:47	THE SPEAKER PRO TEMPORE, - MAY HAVE FIVE LEGISLATIVE DAYS IN WHICH TO REVISE AND EXTEND THEIR REMARKS AND INCLUDE EXTRANEOUS MATERIAL TO THE BILL JUST CONSIDERED. THE SPEAKER...
06:48:01	Unidentified Speaker, -
06:48:03	THE SPEAKER PRO TEMPORE, - OBJECTION. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM NEW
06:48:06	Etheridge, Bob - U.S. Representative, [D] North Carolina YORK RISE? >> MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON OVERSIDE AND GOVERNMENT -- OVERSIGHT AND GOVERNMENT REFORM BE DISCHARGED FROM...
06:48:18	THE SPEAKER PRO TEMPORE, - IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL. THE CLERK: H.R. 7216. A BILL TO AMEND SECTION 3328 OF TITLE 5
06:48:27	Towns, Edolphus - U.S. Representative, [D] New York UNITED STATES CODE RELATING TO SELECTIVE SERVICE REGISTRATION. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO THE CONSIDERATION OF THE BILL? WITHOUT...
06:48:40	THE SPEAKER PRO TEMPORE, - READ A THIRD TIME AND PASSED AND THE MOTION TO RECONSIDER IS LAID ON THE TABLE. >> MADAM SPEAKER.
06:48:44	THE CLERK, - THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM NEW YORK. >> I ASK UNANIMOUS CONSENT THAT THE COMMITTEE ON OVERSIGHT AND GOVERNMENT REFORM BE DISCHARGED
06:48:52	THE SPEAKER PRO TEMPORE, - FROM FURTHER CONSIDERATION OF H.R. 7217 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE...
06:49:03	Unidentified Speaker, - THE CLERK: H.R. 7217, A BILL TO AMEND TITLE 40, UNITED STATES
06:49:06	THE SPEAKER PRO TEMPORE, - CODE, TO ENHANCE ALTOGETHERS -- AUTHORITIES
06:49:09	Towns, Edolphus - U.S. Representative, [D] New York WITH REGARD TO REAL PROPERTY THAT HAS YET TO BE REPORTED EXCESS AND FOR OTHER PURPOSES. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO THE CONSIDERATION...
06:49:20	THE SPEAKER PRO TEMPORE, - AND PASSED AND THE MOTION TO RECONSIDER IS LAID ON THE
06:49:24	Towns, Edolphus - U.S. Representative, [D] New York TABLE. THE GENTLEMAN FROM NEW YORK. >> MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT ALL MEMBERS MAY HAVE FIVE LEGISLATIVE DAYS IN WHICH TO REVISE AND...
06:49:34	Towns, Edolphus - U.S. Representative, [D] New York AND INCLUDE EXTRANEOUS MATERIAL ON THE MEASURE JUST CONSIDERED. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION. >> THANK YOU,
06:49:47	Towns, Edolphus - U.S. Representative, [D] New York MADAM.
06:50:02	THE SPEAKER PRO TEMPORE, -
06:50:20	Unidentified Speaker, - THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLELADY FROM WISCONSIN RISE? MS. MOORE: MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE COMMITTEES...
06:51:12	THE SPEAKER PRO TEMPORE, - CONSIDERATION. THE SPEAKER PRO TEMPORE: THE CLERK WILL REPORT THE TITLE OF THE BILL.
06:51:17	Moore, Gwendolynne "Gwen" - U.S. Representative, [D] Wisconsin THE CLERK: H.R. 7198, A BILL TO ESTABLISH THE STEPHANIE TUBBS JONES GIFT OF LIFE MEDAL FOR ORGAN DONORS AND THE FAMILY OF ORGAN DONORS. THE SPEAKER...
06:51:34	THE SPEAKER PRO TEMPORE, - A THIRD TIME AND PASSED AND THE MOTION TO RECONSIDER IS LAID ON THE
06:51:38	THE CLERK, - TABLE. THE GENTLEWOMAN FROM WISCONSIN. MS. MOORE: MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE
06:51:47	THE SPEAKER PRO TEMPORE, - COMMITTEE ON WAYS AND MEANS BE DISCHARGED FROM FURTHER CONSIDERATION OF H.R. 7222 AND ASK FOR ITS IMMEDIATE CONSIDERATION IN THE HOUSE. THE SPEAKER PRO...
06:52:03	Moore, Gwendolynne "Gwen" - U.S. Representative, [D] Wisconsin PREFERENCE ACT AND FOR OTHER PURPOSES. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO THE CONSIDERATION OF THE BILL? WITHOUT OBJECTION, THE BILL IS ENGROSSED,...
06:52:16	THE SPEAKER PRO TEMPORE, - RECONSIDER IS LAID ON THE
06:52:20	THE CLERK, -
06:52:27	THE SPEAKER PRO TEMPORE, - TABLE. THE SPEAKER PRO TEMPORE: FOR WHAT PURPOSE DOES THE GENTLEMAN FROM VIRGINIA RISE? >> MADAM SPEAKER, I ASK UNANIMOUS CONSENT THAT THE MOTIONS IT...
06:56:13	THE SPEAKER PRO TEMPORE, - 4131, H.R. 6600,
06:56:17	Scott, Robert "Bobby" - U.S. Representative, [D] Virginia H.R. 6669, S. 3536, S. 3598, S. 3296 AND S. 2304. THE SPEAKER PRO TEMPORE: IS THERE OBJECTION TO THE REQUEST OF THE GENTLEMAN FROM VIRGINIA? WITHOUT...
06:56:50	THE SPEAKER PRO TEMPORE, - TABLE. THE SPEAKER PRO TEMPORE: THE CHAIR WILL ENTERTAIN REQUESTS FOR ONE-MINUTE SPEECHES. >> I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR ONE MINUTE....
06:57:36	THE SPEAKER PRO TEMPORE, - ACTUALLY HEARD AND FEAR WAS PUT ON THE SHELF. AS WE
06:57:42	Unidentified Speaker, - STOPPED HASTY ACTION THAT WALL STREET
06:57:45	THE SPEAKER PRO TEMPORE, - POWERHOUSES HAD ATTEMPTED TO RAM THROUGH THIS CONGRESS.
06:57:49	Kaptur, Marcia "Marcy" - U.S. Representative, [D] Ohio IT WAS A SOBERING DAY, IT WAS AN EXHAUSTING DAY AND NOW WE HAVE TO GET TO WORK, TO CREATE A NEW MOMENT, TO DRAFT LEGISLATION ON A BIPARTISAN BASIS THAT...
06:59:18	THE SPEAKER PRO TEMPORE, - MADAM SPEAKER, AS ONE OF THOSE WHO VOTED AGAINST PRESIDENT BUSH'S BAILOUT PROPOSAL, I WANT TO EXPRESS MY CONTINUED INTEREST IN WORKING TOGETHER TO ADDRESS...
06:59:31	Unidentified Speaker, - LONG AS ALL THE BURDEN IS NOT PLACED ON THE TAXPAYERS. I RECOMMEND THAT THE HOUSE
06:59:36	THE SPEAKER PRO TEMPORE, - PROMPTLY APPROVE A RESOLUTION CALLING ON THE
06:59:38	Doggett, Lloyd - U.S. Representative, [D] Texas ADMINISTRATION TO EXERCISE AUTHORITY IT ALREADY POSSESSES TO ENSURE THAT OUR FINANCIAL MARKETS CONTINUE TO FUNCTION PROPERLY. THE FDIC SHOULD UTILIZE...
07:00:54	THE SPEAKER PRO TEMPORE, - VOTED DID SO VERY THOUGHTFULLY, MOST OF US VERY PRAYERFULLY. BUT MADAM SPEAKER, CHAIRMAN COX, CHAIRMAN OF THE SECURITIES
07:01:02	Unidentified Speaker, - AND EXCHANGE COMMISSION, TODAY COULD FIX
07:01:05	THE SPEAKER PRO TEMPORE, - A LOT OF THE PROBLEMS HERE BY A STROKE OF A PEN
07:01:10	Broun, Paul C. Jr., M.D. - U.S. Representative, [R] Georgia GETTING RID OF MARK-TO-MARKET ACCOUNTING ACROSS THE BOARD. I CALL UPON MR. COX TO DO SO TODAY. THE MARKETS WILL RESPOND MARKEDLY AND I HOPE HE WILL LISTEN...
07:01:49	THE SPEAKER PRO TEMPORE, - STREET WOULD HELP REVIVE THE AMERICAN ECONOMY, HELP MAIN STREET, HELP THE SMALL BUSINESSES, HELP THE PEOPLE I'M HERE TO REPRESENT. I BELIEVE TODAY...
07:01:59	Unidentified Speaker, - OPPORTUNITY TO STEP BACK AND
07:02:01	THE SPEAKER PRO TEMPORE, - BEGIN AGAIN TO CONSTRUCT A PACKAGE THAT DOES NOT PUT THE
07:02:04	DeFazio, Peter A. - U.S. Representative, [D] Oregon TAXPAYERS AT RISK FOR $00 BILLION. WILLIAM ISAAC HEADED UP THE FDIC IN THE SAVINGS AND LOAN CRISIS HE TOOK A $100 BILLION AND SOLVED IT FOR $2 BILLION....
07:03:04	THE SPEAKER PRO TEMPORE, - PERMITTED TO ADDRESS THE HOUSE, REVISE AND EXTEND THEIR REMARKS AND INCLUDE THEREIN EXTRANEOUS MATERIAL. MR. GOHMERT, TODAY, FIVE MINUTES,
07:03:14	Unidentified Speaker, - MR. BROWN, TODAY, FIVE MINUTES. THE SPEAKER PRO TEMPORE: WITHOUT OBJECTION. UNDER THE SPEAKER'S ANNOUNCED POLICY OF JANUARY 18, 2007, AND UNDER A PREVIOUSED...
07:03:36	THE SPEAKER PRO TEMPORE, - MINUTES. MS. FOXX OF NORTH CAROLINA. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM TEXAS RISE? >> I ASK UNANIMOUS CONSENT TO ADDRESS THE HOUSE FOR FIVE MINUTES....
07:04:05	Unidentified Speaker, - VIOLATES SOME OF OUR PRINCIPLES, BUT WE NEED TO SET THOSE ASIDE
07:04:09	THE SPEAKER PRO TEMPORE, - IN ORDER TO AVOID RISK HERE. FIRST OF ALL,
07:04:13	Gohmert, Louis "Louie" B. Jr. - U.S. Representative, [R] Texas THAT'S A FAULTY -- A FAULTY PREMISE. I JUST COULDN'T THINK OF ANYTHING BUT THE DECLARATION OF INDEPENDENCE. WHEN THE PEOPLE WHO FOUNDED THIS PLACE CAME...
07:09:30	THE SPEAKER PRO TEMPORE, - CONGRESSMAN GOHMERT
07:09:32	Unidentified Speaker, - FOR ALL HIS EFFORTS TO MAKE THIS INSTITUTION FUNCTION IN THE
07:09:35	THE SPEAKER PRO TEMPORE, - MANNER THAT IT WAS DULY CONSTITUTED TO FUNCTION, I WAS
07:09:39	MS. KAPTUR, - REMINDED TODAY AS I WAS WALKING THROUGH THE HALLS, NOT EXPECTING THE RESULT THAT WAS
07:09:45	THE SPEAKER PRO TEMPORE, - JUST YIELDED ON THAT IMPORTANT VOTE RELATING
07:09:47	Kaptur, Marcia "Marcy" - U.S. Representative, [D] Ohio TO WALL STREET, THERE'S A FRESCO DOWNSTAIRS AND ABOVE THE DOOR IT HAS THIS QUOTE THAT HERE THERE ARE NO TEMPLES BUT THE CAPITOL AND NO ORACLE BUT THE...
07:15:25	THE SPEAKER PRO TEMPORE, - FOR OVER 200 YEARS, EATONTON, GEORGIA, HAS SERVED AS THE SEED OF PUTNAM COUNTY. BOTH TOWN
07:15:32	MR. BROUN, - AND COUNTY WERE NAMED AFTER AMERICAN PATRIOTS. ISRAEL PUTNAM WAS A HERO
07:15:38	THE SPEAKER PRO TEMPORE, - OF BUNKER HILL, AND WILLIAM EATON WAS A FAMOUS OFFICER AND
07:15:43	Broun, Paul C. Jr., M.D. - U.S. Representative, [R] Georgia A DIPLOMAT DURING THE FIRST BARBARY WAR. EATONTON IS A GORGEOUS TOWN WITH PATRIOTIC PEOPLE, BEAUTIFUL HOMES, HISTORIC CHURCHES AND A MAGNIFICENT COURTHOUSE....
07:21:00	THE SPEAKER PRO TEMPORE, - SENT AN INSULT DOWN TO CONGRESS, AN INSULT TO THE AMERICAN PEOPLE AND INSULT TO THE CONSTITUTION, AN
07:21:07	MR. DEFAZIO, - INSULT TO ULTIMATELY TO
07:21:10	THE SPEAKER PRO TEMPORE, - THE ECONOMY OF THE UNITED STATES. HE SENT DOWN A BILL THAT SAID
07:21:14	DeFazio, Peter A. - U.S. Representative, [D] Oregon IN THREE PAGES, GIVE ME $700 BILLION AND SUSPEND ALL THE LAWS AND I WILL DO WITH IT AS I SEE FIT AND I WILL FIX THIS PROBLEM. NOW, ONE PROBLEM WITH THAT...
07:26:33	THE SPEAKER PRO TEMPORE, - SPEAKER, EVEN AS I STAND HERE ON THE FLOOR OF THE HOUSE, THE RESIDENTS OF THE GULF REGION, GULF COAST OF LOUISIANA AND TEXAS, ARE STILL
07:26:45	Jackson Lee, Sheila - U.S. Representative, [D] Texas SUFFERING FROM HURRICANE IKE. WE KNOW AS WELL THAT HURRICANE KYLE HAS BEEN MAKING ITS WAY UP THE EAST COAST. AS WE LOOK BACK OVER THE LANDSCAPE OF THIS...
07:32:17	THE SPEAKER PRO TEMPORE, - FOR WE'LL BE RETURNING TO WORK ON THE BILL THAT FAILED TO PASS TODAY.
07:32:21	Unidentified Speaker, - I AM A FIRST-YEAR MEMBER, MADAM
07:32:23	THE SPEAKER PRO TEMPORE, - SPEAKER, AS YOU WELL KNOW. THIS WAS PROBABLY THE MOST IMPORTANT AND MOST DIFFICULT VOTE THAT ANY OF US HAD TO CAST.
07:32:30	Cohen, Stephen "Steve" - U.S. Representative, [D] Tennessee I CAME IN TODAY NOT KNOWING HOW I WAS GOING TO VOTE. I LISTENED TO MY CONSTITUENTS, I LISTENED TO ECONOMISTS, I LISTENED TO MEMBERS OF MY PARTY AND MEMBERS...
07:37:31	Cohen, Stephen "Steve" - U.S. Representative, [D] Tennessee PRO TEMPORE: WITHOUT OBJECTION. MR. FRANKS: THANK YOU, MADAM SPEAKER. IT HAS BEEN A PROFOUNDLY SIGNIFICANT DAY IN THE HOUSE OF REPRESENTATIVES. I SUPPOSE...
07:37:47	MR. FRANKS, - WILL GO ON. WE HAVE MADE A DECISION TODAY,
07:37:51	THE SPEAKER PRO TEMPORE, - I BELIEVE IT WILL ULTIMATELY SERVE THE UNITED
07:37:54	Franks, Trent - U.S. Representative, [R] Arizona STATES WELL. I BELIEVE THE CHALLENGES BEFORE US RELATED TO THE ECONOMIC CHALLENGES BEFORE US IN THIS COUNTRY ARE SIGNIFICANT. I ALSO BELIEVE THAT WE...
08:07:03	THE SPEAKER PRO TEMPORE, - GRANTED. FOR WHAT PURPOSE DOES THE GENTLEMAN FROM VIRGINIA RISE? >> I ASK UNANIMOUS CONSENT THAT WHEN THE HOUSE ADJOURNS TODAY
08:07:11	THE CLERK, - IT ADJOURN TO MEET AT NOON ON THURSDAY, OCTOBER 2, 2008. THE SPEAKER PRO TEMPORE: WITHOUT
08:07:19	THE SPEAKER PRO TEMPORE, - OBJECTION. MR. SCOTT: MADAM
08:07:28	Scott, Robert "Bobby" - U.S. Representative, [D] Virginia SPEAKER. THE SPEAKER PRO TEMPORE: THE GENTLEMAN FROM VIRGINIA. MR. SCOTT: I NOW MOVE THAT WE NOW ADJOURN.
08:07:37	THE SPEAKER PRO TEMPORE, - THE SPEAKER PRO TEMPORE: THE QUESTION IS ON THE MOTION TO ADJOURN. THOSE IN FAVOR SAY AYE. THOSE OPPOSED, NO.. THE AYES HAVE IT. THE MOTION IS AGREED...
08:07:49	MR. SCOTT, - THE HOUSE STANDS
08:07:52	THE SPEAKER PRO TEMPORE, -
08:07:55	MR. SCOTT, -
08:07:57	THE SPEAKER PRO TEMPORE, - w >> AS

NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.