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House Proceeding on Apr 20th, 2007 :: 0:58:27 to 1:02:07
Total video length: 1 hours 18 minutes Stream Tools: Stream Overview | Edit Time

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Brad Miller

0:56:27 to 0:58:27( Edit History Discussion )
Speech By: Brad Miller

Brad Miller

0:58:08 to 0:58:27( Edit History Discussion )

Brad Miller: this amendment will preserve, will undermine democracy in the boardroom in corporate america and will undermine democracy in our government and i urge we vote against it. the chairman: the

Peter Roskam

0:58:27 to 0:58:39( Edit History Discussion )

Peter Roskam: gentleman yields back. for what purpose the gentleman rise? mr. roskam: i move to strike the requisite number of words. the majority has slipped into the bad habit that the chairman accused

Peter Roskam

0:58:27 to 1:02:07( Edit History Discussion )
Speech By: Peter Roskam

Peter Roskam

0:58:39 to 0:58:53( Edit History Discussion )

Peter Roskam: us of. the s.e.c. is presidential appointees lacking the wisdom that congress has. you know, let's just discuss this amendment for a minute. i really do think it is a good amendment. it gets

Peter Roskam

0:58:53 to 0:59:10( Edit History Discussion )

Peter Roskam: to the heart of this matter. and it basically, for purposes of our discussion today, mr. chairman, it accepts, i think, the preemption of the chairman. it says here -- the premise of

Peter Roskam

0:59:10 to 0:59:22( Edit History Discussion )

Peter Roskam: the chairman. it says here we go -- mr. crowley: there seems to be an electronic device. the messenger: the situation appears to have been resolved. the gentleman may resume. mr. kos cam: thank

Peter Roskam

0:59:22 to 0:59:37( Edit History Discussion )

Peter Roskam: you. thank you, mr. chairman. let's go back to the underlying bill. the underlying bill says let's put a nonbinding referendum on the ballot. the chairman has made a number of arguments

Peter Roskam

0:59:37 to 0:59:55( Edit History Discussion )

Peter Roskam: in favor of it. the gentleman from georgia essentially says in this amendment, ok, let's do that, but first just hit the pause button. just put the pause button on just for a bit and let

Peter Roskam

0:59:55 to 1:00:07( Edit History Discussion )

Peter Roskam: the securities and exchange commission, who, over the past day or so of debate have risen to the, you know, the point of almost superman status, they have been so widely complimented

Peter Roskam

1:00:07 to 1:00:25( Edit History Discussion )

Peter Roskam: and called wise and so forth by the other side of the aisle, let's ask that commission what their opinion is. let's study it. let's look at it. and if, if, if, if they say no problem,

Peter Roskam

1:00:25 to 1:00:38( Edit History Discussion )

Peter Roskam: then there is no problem. no harm, no foul. the bill is put into place and on we go. but if the securities and exchange commission says that public companies venture into a competitive disadvantage

Peter Roskam

1:00:38 to 1:00:48( Edit History Discussion )

Peter Roskam: because of this. then aren't we not to consider that? shouldn't we then hit the stop button? because we have heard the other side get up on the floor today over the last few days and talk

Peter Roskam

1:00:48 to 1:01:00( Edit History Discussion )

Peter Roskam: about the free market and how they are in favor of capitalism and we heard the gentleman from oregon a couple minutes ago telling us that the reason that public -- that companies are going to

Peter Roskam

1:01:00 to 1:01:14( Edit History Discussion )

Peter Roskam: europe is somehow because they don't have shareholder rights and the logic was so dizzying i couldn't even follow it. but accepting everything that the other side says for the sake of

Peter Roskam

1:01:14 to 1:01:24( Edit History Discussion )

Peter Roskam: argument, is then implicit in accepting this amendment. because all this amendment says, let's be very, very clear about it, it simply says, hit the pause button for 90 days. just wait 90

Peter Roskam

1:01:24 to 1:01:39( Edit History Discussion )

Peter Roskam: days. so let's assume for the sake of argument this blows through the senate. let's assume for the sake of argument it's signed into law on june 1. i would submit to you between june 1 and september

Peter Roskam

1:01:39 to 1:01:44( Edit History Discussion )

Peter Roskam: 1 we can wait to take the temperature to find out if this is a good idea or if somehow this indbehind -- this hinders us competitively. with that i yield back the balance of my time. the chairman:

Peter Roskam

1:01:44 to 1:01:55( Edit History Discussion )

Peter Roskam: the gentleman yields back the balance of his time. for what purpose does the gentleman from new york rise? mr. crowley: to strike the requisite number of words. the chairman: the gentleman

Peter Roskam

1:01:55 to 1:02:07( Edit History Discussion )

Peter Roskam: is recognized for five minutes. mr. crowley: i thank you. i thank the chairman. and i appreciate what we are doing here today. this is important i think for the american people to understand

Joseph Crowley

1:02:07 to 1:02:18( Edit History Discussion )

Joseph Crowley: the critical role that congress plays here in providing transparency and openness and helping corporate america do what they do best, that is generate and grow our economy. i rise in opposition to

Joseph Crowley

1:02:07 to 1:07:21( Edit History Discussion )
Speech By: Joseph Crowley

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