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House Proceeding on Feb 26th, 2009 :: 1:09:40 to 1:14:00
Total video length: 1 hours 21 minutes Stream Tools: Stream Overview | Edit Time

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Virginia Foxx

1:09:34 to 1:09:55( Edit History Discussion )

Virginia Foxx: it up for a vote. no, they won't even allow our amendments to go on. that's not bipartisanship. we had 20 amendments offered for this bill. only one was accepted. that's not bipartisanship. bipartisanship would be, again, bringing up lots of republican amendments, let them be voted on.

Virginia Foxx

1:09:40 to 1:14:00( Edit History Discussion )
Speech By: Virginia Foxx

Virginia Foxx

1:09:56 to 1:10:16( Edit History Discussion )

Virginia Foxx: again, people who are sure of their position aren't afraid of having votes on alternative points of view. again, the american people are watching us. they're watching this congress. and we know the congress is putting off some tough votes they don't want to deal with right now because they know the american people are watching.

Virginia Foxx

1:10:17 to 1:10:37( Edit History Discussion )

Virginia Foxx: and you know, that's one of the best things that i think has come out of last year's election and perhaps the economic uncertainty. people are suffering, republicans are concerned about that. w to help those people who are suffering. but what this congress has done so far hasn't helped those

Virginia Foxx

1:10:38 to 1:10:59( Edit History Discussion )

Virginia Foxx: people who are suffering, hasn't helped the people who are working and lost their jobs through we want bipartisanship but it should be true bipartisanship. it's not do it our way or do it not at all. you know, i respect my colleague from california who just spoke and said that this

Virginia Foxx

1:11:00 to 1:11:20( Edit History Discussion )

Virginia Foxx: bill doesn't cost taxpayers anything. it only costs the lenders. well, who are the lenders? they're banks that are owned by stock holders. those, the last time i looked, are taxpayers. they're the real taxpayers. that, again, is part of the out-of-this world mentality

Virginia Foxx

1:11:21 to 1:11:41( Edit History Discussion )

Virginia Foxx: that the people on the other side of the aisle have. i have people in my ofce, and i said -- they said, oh, this i said, pardon me? you mean they're going to cram down the mortgages? and they're going to reduce the amount of the mortgages? who's going to pay the difference between the original

Virginia Foxx

1:11:42 to 1:12:03( Edit History Discussion )

Virginia Foxx: amount and the crammed down amount? oh, those are the banksers, but it just means they won't be as rich as they were -- bankers, but it just me as rich as they were before. cram down is the right name for the people talking about part of this legislation. that's exactly what it is. and what are we doing here? you know, "the new york post"

Virginia Foxx

1:12:04 to 1:12:27( Edit History Discussion )

Virginia Foxx: not exactly known as the most conservative newspaper in the world calls it the foreclosure five. what we are doing is we are bailing out people in five states. and is it any surprise that those five states are california, nevada, arizona, where is the leadership in the

Virginia Foxx

1:12:28 to 1:12:48( Edit History Discussion )

Virginia Foxx: majority party, california and nevada. is it surprising -- these are -- this is just earmark legislation, ladies and gentlemen, more earmarks. we're bailing out these five states. here is -- this is not a crisis of a national proportion. this is a personal matter, not a national crisis.

Virginia Foxx

1:12:49 to 1:13:09( Edit History Discussion )

Virginia Foxx: falling home prices are not the problem. home prices went up tremendously for several years. everybody knew that was going to have to come to a halt. again, people living in this world knew that. people who had a real mentality understood that, b if you're living in never never land, if you're living on the

Virginia Foxx

1:13:10 to 1:13:30( Edit History Discussion )

Virginia Foxx: welfare mentality then you assume you can behave anyw you want to and somebody's going to bail you out and that's what this legislation does. there's another -- lots of -- lots of newspapers, articles, magazines have said what this plan is doing is undercutting

Virginia Foxx

1:13:31 to 1:13:54( Edit History Discussion )

Virginia Foxx: the banking and private sectors and hurt many honest, hardworking people. that's a commentary from "the street." over and over and over again we hear we're subsidizing bad behavior, an article in "the national review." and that's exactly what this legislation does. it subsidizes bad behavior. this is a sham.

Virginia Foxx

1:13:55 to 1:14:01( Edit History Discussion )

Virginia Foxx: it is hurting average americans who pay their bills, who do their work.

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