House Proceeding 06-14-06 on Jun 14th, 2006 :: 0:48:01 to 0:53:50
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0:42:36 to 0:48:01( Edit History Discussion )
Speech By: Carolyn McCarthy

0:47:45 to 0:48:01( Edit History Discussion )

Carolyn McCarthy: of my time. the speaker pro tempore: the gentlewoman yields back the balance of her time. mr. bilirakis of florida. ms. foxx of north carolina. the chair recognizes ms. kaptur from ohio for

0:48:01 to 0:48:15( Edit History Discussion )

Marcy Kaptur: five minutes. ms. kaptur: i thank the speaker very much and would like to include in the record extraneous materials this evening, particularly an article from "the christian science monitor"

0:48:01 to 0:53:50( Edit History Discussion )
Speech By: Marcy Kaptur

0:48:15 to 0:48:30( Edit History Discussion )

Marcy Kaptur: -- this evening we heard from many of our colleagues about the ensuing debate tomorrow on a very weak resolution concerning the ongoing war in iraq. i would like to talk about the terrible

0:48:30 to 0:48:45( Edit History Discussion )

Marcy Kaptur: taxes that this war places on the american people. and not just taxes in the conventional meaning of the word because, indeed, this war is causing us to borrow money which we must pay back

0:48:45 to 0:48:57( Edit History Discussion )

Marcy Kaptur: and we are borrowing it back from foreign countries. this war is costing us more every day, over $300 billion and rising. we have to pay those dollars back because we are borrowing them.

0:48:57 to 0:49:08( Edit History Discussion )

Marcy Kaptur: this war is placing a terrible burden on this economy as we now see prices rise and interest rates ticking up, which i will talk about in just a second, and, of course, the greatest tax

0:49:08 to 0:49:24( Edit History Discussion )

Marcy Kaptur: is on the loss of life and the injury to body and limb of those that we have asked to fight the battles of this nation as well as innocent civilians who are being killed and injured across

0:49:24 to 0:49:41( Edit History Discussion )

Marcy Kaptur: iraq and the region. this war in iraq is also exacting a terrible tax on the people of the middle east anded a joining regions because it's yielding more terrorism, not less. this war is

0:49:41 to 0:49:54( Edit History Discussion )

Marcy Kaptur: yielding more repressive regimes in places like pakistan, in places like egypt, in the palestinian authority, indeed,ed a joining nations like lebanon. the tax on democratizing regimes is getting

0:49:54 to 0:50:06( Edit History Discussion )

Marcy Kaptur: heavier and heavier every day. there is nor instability in the region as we watched the demonstrations in the west bank and in gaza, as we see hamas and fata locked in internal struggles.

0:50:06 to 0:50:19( Edit History Discussion )

Marcy Kaptur: there is nor instability, not more stability. and most crushing for our country globally is the united states is losing respect across the world. we have fewer friends and more enemies, and

0:50:19 to 0:50:30( Edit History Discussion )

Marcy Kaptur: those who doubt the united states across the globe. here at home we see rising interest rates, and that is the article i will enter in the record tonight, higher prices for such things as

0:50:30 to 0:50:45( Edit History Discussion )

Marcy Kaptur: airline tickets, housing, health care and, of course, gasoline, are now starting to eat into consumers' pocketbooks. indeed, this tax is terrible on the american people and they are feeling

0:50:45 to 0:50:56( Edit History Discussion )

Marcy Kaptur: it in their pocketbooks. wednesday, the labor department recorded the may consumer price index rose .4% after a .6% rise in april. this is well above the federal reserve, the nation's chief inflation

0:50:56 to 0:51:09( Edit History Discussion )

Marcy Kaptur: fighter. the fed is going to have to raise interest rates more out of the desire to keep the market from thinking the new sheriff in town at the federal reserve is not serious about fighting

0:51:09 to 0:51:23( Edit History Discussion )

Marcy Kaptur: inflation. prices are rising against a backdrop of weakening housing in other parts -- and other parts of the economy. this war in iraq is a heavy tax. economists are most concerned that prices

0:51:23 to 0:51:37( Edit History Discussion )

Marcy Kaptur: have moved beyond the energy sector and removing food and energy, typically the most volatile prices from the inflation rate, says that core prices rose in may .3%. the core rate of inflation

0:51:37 to 0:51:49( Edit History Discussion )

Marcy Kaptur: is up to an annual rate of 3.8%, the fastest pace in more than a decade. we're seeing a near-term acceleration in the core rate. an increase of half a percentage point at the next fed meeting

0:51:49 to 0:52:03( Edit History Discussion )

Marcy Kaptur: is the strong possibility before the fed decides to back away. so we look at what this war is yielding on many levels, more terrorism, not less terrorism. is it yielding more democratic

0:52:03 to 0:52:14( Edit History Discussion )

Marcy Kaptur: regimes throughout the middle east? no. the oil regimes continue to be as repressive as they ever were. there's not a single democratic nation anywhere in the nation and there will not be one for a

0:52:14 to 0:52:31( Edit History Discussion )

Marcy Kaptur: long time to come. the united states ought to decouple itself from the repressive oil regimes that it continues to support and become energy independent here at home. is there a solution

0:52:31 to 0:52:44( Edit History Discussion )

Marcy Kaptur: to the palestinian-israeli standoff? are there ongoing negotiations? no. they're just shooting across borders, there's more demonstrations in the street. there's no back channel to get the warring parties

0:52:44 to 0:52:58( Edit History Discussion )

Marcy Kaptur: to sit down and finally reach a peace process following on the agreement that was attempted to be negotiated during the clinton years. have we seen freedom on the rise? no. we see repression

0:52:58 to 0:53:11( Edit History Discussion )

Marcy Kaptur: on the rise. as beheadings and the election of people who are absolutely opposed to the united states without any sense of growing freedom. there was a gentleman down here on the floor

0:53:11 to 0:53:23( Edit History Discussion )

Marcy Kaptur: earlier who said that they don't want our freedom. they want our freedom here in the united states. that's why they hate us so much. actually, they -- a number of those revolutionaries want

0:53:23 to 0:53:34( Edit History Discussion )

Marcy Kaptur: freedom from what they see us representing in that region, and that is support of dictatorships, support of oil regimes and we are yielding the counterreaction to many years of supporting

0:53:34 to 0:53:50( Edit History Discussion )

Marcy Kaptur: brutal dictatorships in that part of the world. mr. speaker, i would ask that we enter this article in the record and i yield back remaining time. the speaker pro tempore: the gentlewoman's time

0:53:50 to 0:54:14( Edit History Discussion )

Lloyd Doggett: has expired. the chair recognizes mr. doggett from texas for five minutes. mr. doggett: thank you very much, mr. speaker. america deserves a real choice about our future in iraq but, instead,

0:53:50 to 0:58:57( Edit History Discussion )
Speech By: Lloyd Doggett