Senate Proceeding 10-01-08 on Oct 1st, 2008 :: 4:11:44 to 4:13:07
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3:55:46 to 4:11:44( Edit History Discussion )
Speech By: Richard Shelby

4:11:30 to 4:11:44( Edit History Discussion )

Richard Shelby: to do something to address the current liquidity crisis in the current marketplace. my greatest concern is that we have not spent any time determining the best response. there are many well-informed people

4:11:44 to 4:11:58( Edit History Discussion )

Christopher Dodd: who argued that we have not. this morning a nobel prize winning economist indicated that using a reverse auction program here to buy distressed assets to buy from financial institutions, was not

4:11:44 to 4:13:07( Edit History Discussion )
Speech By: Christopher Dodd

4:11:58 to 4:12:11( Edit History Discussion )

Christopher Dodd: going to be enough to revive the operations of the banks. i'm not sure if he is right or wrong. he's a nobel prize binner. -- winner. i'm not sure if secretary paulson is right or wrong. but i question

4:12:11 to 4:12:27( Edit History Discussion )

Christopher Dodd: it. to the extent that other options exist, i feel we failed the american people by doing something in haste. madam president, many find comfort in the notion that something is better than nothing.

4:12:27 to 4:12:45( Edit History Discussion )

Christopher Dodd: i believe that is a false choice. the choice we faced was between pursuing a response or panic and i think that we chose panic. i yield the floor. the presiding officer: the senator from connecticut.

4:12:45 to 4:12:55( Edit History Discussion )

Christopher Dodd: mr. dodd: i ask consent that an additional 30 minutes be allocated to debate with respect to h.r. 1324, equally divided and controlled between the leaders or designees and the debate on h.r. 2095 be

4:12:55 to 4:13:07( Edit History Discussion )

Christopher Dodd: delayed accordingly and any other provisions remain in effect. the presiding officer: without objection. mr. dodd: senator nelson of florida is recognized for five minutes. the presiding officer: the

4:13:07 to 4:13:29( Edit History Discussion )

Bill Nelson: senator from florida. mr. nelson: madam president, the things that have been aed to the bill, such as the fdic provisions, as well as the energy tax extenders and other tax extenders that i've already

4:13:07 to 4:17:46( Edit History Discussion )
Speech By: Bill Nelson