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Video archive of the US Congress

House Proceeding 01-14-09 on Jan 14th, 2009 :: 0:40:45 to 0:43:05
Total video length: 1 hours 57 minutes Stream Tools: Stream Overview | Edit Time

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Al Green

0:40:41 to 0:41:01( Edit History Discussion )

Al Green: i look forward to speaking to the gentleman about this momple mr. connolly: i thaminge the gentleman and yield back my time. the chairman: the gentleman from alabama. mr. bachus: i yield three minutes to the gentleman from south carolina. the chairman: the gentleman is recognized.

Al Green

0:40:45 to 0:43:05( Edit History Discussion )
Speech By: Al Green

Al Green

0:41:02 to 0:41:22( Edit History Discussion )

Al Green: mr. baird: before coming here, i owned the best and only furniture store in westminster, south carolina. we sold only furnchu, just one thing, and we did pretty good. beforehat, i was captain in the united states army. pretty clear job title. i was taught not to expand our mission beyond its initial

Al Green

0:41:23 to 0:41:45( Edit History Discussion )

Al Green: goals. what does this have to do with the legislation we're talking about today? this is a good example of congress' bad habits of expanding its initial missions. a habit that brought us fannie mae, freddie mac, the community reinvestment act and the alternative minimum tax.

Al Green

0:41:46 to 0:42:06( Edit History Discussion )

Al Green: i voted for the act to restore liquidity and stability to the financial system. allowing american businesses to access credit so they could obtain inventory, buy supplies and make payroll. i supported this act to prevent what many experts called an economic tsunami. i'm glad we haven't seen the widespread financial mayhem i think was certain.

Al Green

0:42:07 to 0:42:27( Edit History Discussion )

Al Green: we had to take extraordinary measures during those extraordinary times. but don't you think it's common sense to examine how we spent the first 50 billion before we even discuss how we're going to spend the second 50 billion? i agree with my colleagues that the first 50 billion was spent too hastily and haphazardly and

Al Green

0:42:28 to 0:42:48( Edit History Discussion )

Al Green: i believe there was not enough oversight or planning for how the money was to be used. i support the efforts of this bill to improve transparency, oversight and disclose how the taxpayer money is being used but i'm extremely concerned that this legislation expands the goals of the troubled assets relief program and brings us even further from its original

Al Green

0:42:49 to 0:43:05( Edit History Discussion )

Al Green: mission, which did not incde providing a fund to prop up failing corporations or putting politicallmotivated mandates on private businesses in order -- or exchange for government funds. this legislation will expand government interference in the

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