House Proceeding 02-25-09 on Feb 25th, 2009 :: 0:30:05 to 0:33:20
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0:28:25 to 0:30:05( Edit History Discussion )
Speech By: Lynn Jenkins

0:29:59 to 0:30:06( Edit History Discussion )

Lynn Jenkins: read in "businessweek" yesterday, many times loan modifications can result in higher monthly payments.

0:30:07 to 0:30:30( Edit History Discussion )

i understand exactly the sentiment shared by me with my constituent from greg cable. he sent me a letter telling me he pays his mortgage on time each month. he's angry that folks who have bought houses they could not be e afford are being rewarded by the housing plans.

0:30:31 to 0:30:53( Edit History Discussion )

and he sells that home for a profit, he basically is keeping my tax dollars and that is not right. folks around the country like craig who made their payments on time should not have to pay for the risky loans made by irresponsible lenders and spectators who got into loans they could not afford. at a minimum, before anyone is

0:30:54 to 0:31:15( Edit History Discussion )

given government assistance on their mortgage, there needs to be a clear set of eligibility st verification, proof that the borrower has not intentionally defaulted on the mortgage and assurances that the federal government is not subsidizing vacation homes. .

0:31:16 to 0:31:36( Edit History Discussion )

Lynn C. Woolsey: craig ended his letter to me saying this nonsense has to stop and i agree. action without results is fought tole. produce results. i yield back the balance of my time. gentlelady yields back the

0:31:35 to 0:36:25( Edit History Discussion )
Speech By: Lynn C. Woolsey

0:31:37 to 0:31:58( Edit History Discussion )

Lynn C. Woolsey: balance of her time. ms. woolsey from california. ms. woolsey: thank you, mr. speaker. mr. speaker, i rise to speak about the urgent need for the united states to begin direct talks with iran about -- talks about its nuclear program. time is of the essence. the united nations reported

0:31:59 to 0:32:21( Edit History Discussion )

Lynn C. Woolsey: last week that iran has more enriched uranium than the world knew and is now capable of building an atomic bomb if it continues withity enrichment program -- with its enrichment program. iran also recently put a satellite into orbit. showing that it has the ballistic missile capacity to deliver a nuclear weapon against an enemy.

0:32:22 to 0:32:44( Edit History Discussion )

Lynn C. Woolsey: the iranians insist that their nuclear program is for peaceful domestic purposes only. but their nuclear program has raised fears in the middle east and made that region an even more unstable and dangerous place. mr. speaker, iran's advanced nuclear program shows that the bush administration's policy of

0:32:45 to 0:33:05( Edit History Discussion )

Lynn C. Woolsey: refusing to talk was a dismal failure. it called iran part of the access of -- axis of evil. then for nearly eight years, the bush administration's approach consisted of saber-rattling and threats of war and look where that's gotten us, absolutely nowhere.

0:33:06 to 0:33:28( Edit History Discussion )

Lynn C. Woolsey: as someone who strongly opposes nuclear oliferation, i urge that we launch a vigorous diplomatic effort aimed at getting iran to behave more responsibly. we must begin that effort immediately before their nuclear program gets even more advanced. because in the days of -- ahead, we can look for every