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Joe Wilson: the econom ic recovery bill we have before us does not include every free market idea i believe will improve it. but when the retirement savings of hard-working americans are threatened, when

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Joe Wilson: worked hard for their success. this bill is an imperfect option and a tragic -- in a tragic situation but it protects jobs and taxpayers, it provides transparency and oversight to treasury,

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Joe Wilson: in conclusion, god bless our troops and we will never forget september 11. the speaker pro tempore: the time has expired. for what purpose does the gentleman from oregon rise? mr. defazio:

0:15:35 to 0:15:50( Edit History Discussion )

Peter A. DeFazio: last night will do nothing for the weakening fundamentals in the united states. it isn't going to help with declining housing prices, foreclosures, job loss, income disparity, lack of health

0:15:50 to 0:16:00( Edit History Discussion )

Peter A. DeFazio: care. none of those will be addressed. crumbling infrastructure. it is not aimed at the real economy. it's aimed at the froth, the speculative activity and the bad bets made by wall street

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Peter A. DeFazio: they are going to say, i'm doing it because it changed the mark-to-market rules. those are critical to my banks in oregon, but you can do that without spending $700 billion with a stroke of the pen.

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Peter A. DeFazio: american taxpayer. and then let's -- if we are going to borrow money, borrow it to invest in american's main street, not wall street. the speaker pro tempore: members should heed the sound

0:17:05 to 0:17:14( Edit History Discussion )

Ted Poe: the bill to bail out the elite financial industry in new york that caused this mess failed this house but our senate colleagues are sending us a new bill. four times longer than the 100-page

0:17:14 to 0:17:28( Edit History Discussion )

Ted Poe: bill rejected by us. the bill to stabilize the financial industry is now packed with squeaky pork. one would ask what does pork have to do with the financial industry? well, nothing, of course.

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Ted Poe: there are more tax earmarks. auto racing tracks, indian tribes, rural research and get this one, virgin island and puerto rico rum. i'm not making this up, mr. speaker. there are more breaks

0:18:03 to 0:18:14( Edit History Discussion )

Ted Poe: make sure those respon ssible are held accountable and the american taxpayers are not going to go broke paying for this banking rescue and that's just the way it is. the speaker pro tempore:

0:21:46 to 0:22:03( Edit History Discussion )

Ed Perlmutter: taxpayer. we need to use the security and exchange commission to work with our banks and how they account for the real estate on their books, not with false indexes and arbitrary measures

0:22:18 to 0:22:32( Edit History Discussion )

Dennis J. Kucinich: even more and the value of the dollar declines more. let's have the courage and wisdom to do what's right. the speaker pro tempore: for what purpose does the gentleman from california

0:22:32 to 0:22:45( Edit History Discussion )

Dennis J. Kucinich: rise? >> mr. speaker, request permission to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. mr. campbell: after

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Dennis J. Kucinich: retirement accounts. if we do not act that will just be the beginning. they would have been better off if we took the $700 billion in that bill and threw it into there potomac. this bill takes that

0:23:26 to 0:23:43( Edit History Discussion )

Dennis J. Kucinich: are at risk, the economy is at risk, their bank accounts are at risk, their retirement are at risk. we must act. i hope we follow the senate's lead tomorrow and pass this bill. thank you. the

0:24:11 to 0:24:28( Edit History Discussion )

Lloyd Doggett: high. our economy is struggling and people across america are am having trouble selling their homes and buying inventory for their businesses. while no one likes the situation we're in,

0:24:38 to 0:24:50( Edit History Discussion )

Lloyd Doggett: to work through the sthmall business administration, the farm credit administration and the federal home loan bank board so credit flows to the people living in colorado and across the

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face must demonstrate we cannot give up on a solution. i believe this is a plan that will help stabilize the market and protects tax mears and i support it and -- taxpayers and i support it

0:25:39 to 0:25:52( Edit History Discussion )

John Jr.Conyers: and to revise and extend. the speaker pro tempore: r without objection, so ordered. mr. kucinich: someone sticks up a bank, they get a jail g sentence. wall street sticks up the nation,

0:25:52 to 0:26:09( Edit History Discussion )

John Jr.Conyers: they get a $700 billion bailout. the free market doesn't mean wall street should be free to steal from the american taxpayers. it's a free market, not a spree market. the american values of

0:26:21 to 0:26:39( Edit History Discussion )

John Jr.Conyers: instead attach tax provisionta that is has absolutely nothing to do with the underlying financial crisis. among the tax credits are tax credits for banks. borrowing money from the banks to

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John Jr.Conyers: address the underlying crisis. people can't pay for their mortgages. people -- the market may g- o up temporarily, but people will still be losing their homes. and what will we have accomplished?

0:27:20 to 0:27:35( Edit History Discussion )

John Jr.Conyers: without objection, the gentleman is recognized. mr. doggett: i commend warren buffett on his confidence in is american business. but his investment in goldman sachs is not a charityible donation.

0:27:48 to 0:27:59( Edit History Discussion )

John Jr.Conyers: hitting the panic button on their retirement, their home or their business. but when markets are poisoned, you demand the best anectdote, not yield to president bush's take it or leave it

0:28:12 to 0:28:24( Edit History Discussion )

John Jr.Conyers: consent that the speaker be authorized to entertain motions to suspend the rules on the legislative at day of october 2, thursday, relating to the following measures, s. 3641, s. 3197 and h.r.

0:28:37 to 0:28:47( Edit History Discussion )

John Jr.Conyers: recorded vote or the yeas and nays are requested. or on which the vote is objected to under clause 6 of rule 20. record votes on postponed questions will be taken later. for what purpose does

0:29:01 to 0:29:15( Edit History Discussion )

John Jr.Conyers: bill. the clerk: senate 3197, guard guard -- a bill to amend title 11, united states code, to exempt for a limited period, from the application of the means-test presumption of abuse under chapter

0:29:15 to 0:29:30( Edit History Discussion )

Chris Cannon: 7, qualifying members of reserve components of the armed forces and members of the national guard who, after september 11, 2001, are called to active duty or to perform a homeland defense activity

0:29:43 to 0:29:58( Edit History Discussion )

Chris Cannon: the chair now recognizes the gentleman from michigan, mr. conyers. mr. conyers: mr. speaker, i ask unanimous consent to have all members receive fiveiv legislative days to revise and extend

0:30:09 to 0:30:21( Edit History Discussion )

Chris Cannon: gentleman is recognized. mr. conyers: the consumer bankruptcy overhaul signed into law three years ago adds a mean s test that presumes a debtor is abusing the law if he or she has incomes

0:30:35 to 0:30:51( Edit History Discussion )

Chris Cannon: abu se. we have no one other than the gentlelady fromm illinois, jan schakowsky, to thank for this. with half a million members of the national guard and reserve called to iraq and afghanistan

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Chris Cannon: problemses as a direct result. so the measure before us makes an exception to the means test presumption of abuse for national guard and reserve members who serve 90 days since september 11,

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Zoe Lofgren: in the service. i also commend ranking member lamar smith of texas who has helped make this a bipartisan endeavor. so i reserve at this time. the balance of my time. the speaker pro tempore:

0:31:50 to 0:32:10( Edit History Discussion )

Zoe Lofgren: the gentleman reserves. the gentleman from utah. mr. cannon: thank you, mr. speaker. i yield myself such time as i may consume. the speaker pro tempore: the gentleman is recognized. mr. cannon:

0:32:39 to 0:32:55( Edit History Discussion )

Zoe Lofgren: appreciate the sacrifice of our dedicated reservists and guardsmen. we continue to agree that reservists and guardsmen who are plunged into bankruptcy by the demands of their service should be given

0:33:10 to 0:33:26( Edit History Discussion )

Zoe Lofgren: the major issue for us was simple -- that the bill respond to bankruptcies attributable to reservist or guardsmen service. the senate has returned a bill to us that preserves the balance

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Zoe Lofgren: of this legislation and i look forward to the bill's implementation as law. i also look forward to the results two years from now of the g.a.o. study contained in the bill. this study will tell

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Chris Cannon: is considered. in light of these considerations, i'm pleased to support passage of the sabill. i would also like to thank others who have worked on this bill, in particular congressman rohrabacher