Video archive of the US Congress

House Proceeding 03-23-09 on Mar 23rd, 2009 :: 0:21:05 to 0:24:25
Total video length: 3 hours 51 minutes Stream Tools: Stream Overview | Edit Time

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Walter B. Jones

0:21:02 to 0:21:23( Edit History Discussion )

Walter B. Jones: woman for a lifetime of selfss service to community and for her love for animals. i yield back. the speaker pro tempore: ms. woolsey of california.

Walter B. Jones

0:21:05 to 0:24:25( Edit History Discussion )
Speech By: Walter B. Jones

Walter B. Jones

0:21:24 to 0:21:44( Edit History Discussion )

Walter B. Jones: mr. jones of north carolina. t five minutes. mr. jones: last week, the american people were justifiably outraged by news that american international group, a.i.g., would be paying out $165 million in bonuses. a.i.g. would be rewarding its employees for helping the

Walter B. Jones

0:21:45 to 0:22:05( Edit History Discussion )

Walter B. Jones: economy post a record $62 billion loss, and it would be doling out these bonuses whi dipping its hands in the taxpayers' till. when a company is 80% owned u.s. tax payers, it has accepted $173 billion in federal bailout funds, the

Walter B. Jones

0:22:06 to 0:22:26( Edit History Discussion )

Walter B. Jones: american people expect more. unfortunately, mr. speaker, with the start of a new week, the u.s. taxpayer is hit with reports of another tarp-funded corporation gone wild. abc news reported that j.p. morgan chase, a bank that's funds, is moving ahead with

Walter B. Jones

0:22:27 to 0:22:49( Edit History Discussion )

Walter B. Jones: $138 million plan to buy two brand new luxury corporate jets. the bank will also build a lavish corporate aircraft hangar to house the new gentlemans. according to j.p. morgan chase architects, the newhan garr will be built with a vegetative roof garden. while these tarp beneficiaries

Walter B. Jones

0:22:50 to 0:23:14( Edit History Discussion )

Walter B. Jones: -- why can't they get a clue? where does it ? last fall i voted against the $700 billion government bailout because u.s. taxpayers should not have to pick up the tab for the poor business decisions of high-flying wall street firms. let's not forget, no more than a week after congress passed this $700 billion bailout, a.i.g. spent over $400 million

Walter B. Jones

0:23:15 to 0:23:36( Edit History Discussion )

Walter B. Jones: on a lavish retreat for company executives. excuse me, $400,000, after they had accepted $85 billion in federal bailout money. the behavior of these financial institutions shows that taxpayers will certainly get a raw deal when the federal government does not demand oversight and accountability. these corporations have

Walter B. Jones

0:23:37 to 0:23:57( Edit History Discussion )

Walter B. Jones: resorted to taking taxpayers' dollars to stave off failures, yet lare still -- they're still spending like it's business as usual. all the while, the working people of this country are tightening their wallets and coping with a tough commm our country's outstanding public debt is more than $11 trillion. it grows by nearly $4 billion

Walter B. Jones

0:23:58 to 0:24:20( Edit History Discussion )

Walter B. Jones: every day. when will the federal government stop digging the american taxpayers into this debt? mr. speaker, it's time for our government to start working for the american taxpayer and not the other way around. the american taxpayer is tired and fed up with business as usual. we've got to change the y we do business and remember that the taxpayers pay the bills and

Walter B. Jones

0:24:21 to 0:24:25( Edit History Discussion )

Walter B. Jones: the debt of this -- of this government. with that, before yielding, mr. speaker, i will say, god

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