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Video archive of the US Congress

House Proceeding on Jan 15th, 2009 :: 1:11:30 to 1:13:15
Total video length: 2 hours 17 minutes Stream Tools: Stream Overview | Edit Time

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Kathy Castor

1:11:18 to 1:11:39( Edit History Discussion )

Kathy Castor: much time remains? the chaian: the gentlewoman from california has one minute remaing. the gentleman from new jersey two. the gentlewoman from california. ms. matsui: mr. chairman, i'd like to yield one minute to the gentlelady from florida. the chairman: the gentlewoman from florida is recognized for one minute.

Kathy Castor

1:11:30 to 1:13:15( Edit History Discussion )
Speech By: Kathy Castor

Kathy Castor

1:11:40 to 1:12:01( Edit History Discussion )

Kathy Castor: ms. castor: thank you, mr. chairman. i rise in support of the mat -- sls ui-castor amendment. mr. matsui has summarized the amendment. and i appreciate that. we all though that the disintegrating of value in our neighborhoods must be addressed. we know that the -- statistics very well about the extent of the problem.

Kathy Castor

1:12:02 to 1:12:23( Edit History Discussion )

Kathy Castor: and in florida we have the second highest rate of foreclosures. i did not support the third -- the 50 billion first trauverage of the tarp because i had -- traunch of the tarp because i hoped and prayed i was wrong but unfortunately that has been born out.

Kathy Castor

1:12:24 to 1:12:45( Edit History Discussion )

Kathy Castor: i'm planning my fourth foreclosure workshop. and to the contrary, rather than discouraging homeowners, here's what i found. they cannot get the loss mitigation personnel on the phone. they want to work it out. they want a little bit of breathing room. now, where it's a vicious cycle because they've lost their job, they're looking for their second part-time job, they need

Kathy Castor

1:12:46 to 1:13:06( Edit History Discussion )

Kathy Castor: a little breathing room that this amendment will provide. they're not asking for a bailout. they're not asking for billions of dollars that have gone to the financial institutions. the chairman: the gentlewoman's time has expired. ms. castor: they want a little bit of a break. the chairman: the gentleman from new jersey. mr. garrett: i yield myself -- i have two minutes? the chairman: two minutes.

Kathy Castor

1:13:07 to 1:13:15( Edit History Discussion )

Kathy Castor: mr. garrett: i yield myself one minute. i appreciate the gentlelady's comments. we've done similar projects such as that as far as working out, what have you.

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