Video archive of the US Congress

House Proceeding 05-07-09 on May 7th, 2009 :: 0:49:50 to 0:51:10
Total video length: 2 hours 19 minutes Stream Tools: Stream Overview | Edit Time

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Spencer Bachus

0:49:46 to 0:50:06( Edit History Discussion )

Spencer Bachus: recognized for five minutes. mr. frank: mr. chairman, the gentleman from alabama has very accurately stated this. he helped us avoid some problems that we might have. mr. bachus: if you'll yield 15 seconds. mr. frank: i yield to the gentleman. mr. bachus: thank you. the chair: the gentleman -- mr. frank: i yield to the gentleman from alabama.

Spencer Bachus

0:49:50 to 0:51:10( Edit History Discussion )
Speech By: Spencer Bachus

Spencer Bachus

0:50:07 to 0:50:27( Edit History Discussion )

Spencer Bachus: the chair: how much time? mr. frank: 30 seconds. mr. bachus: thank you. i think this is a very good amendment. i want to close and thank you for that time. mr. frank and i both agree and i think most members of this body, we must stop these outrageous mortgage fraud rescue schemes. congress shuts off one avenue

Spencer Bachus

0:50:28 to 0:50:49( Edit History Discussion )

Spencer Bachus: for fraud and we did that with a national mortgaging lng and registration system now being instituted by the banking supervisors. but every time you shut one door, these innovative crooks find a back door and now they move into the fertile field of foreclosure. we must protect unsuspecting

Spencer Bachus

0:50:50 to 0:51:10( Edit History Discussion )

Spencer Bachus: and vulnerable homeown i close by saying i urge my colleagues to vote yes. the chair: the gentleman's time has expired. the question is on the amendment offered by the gentleman from alabama. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it.

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