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House Proceeding 09-23-08 on Sep 23rd, 2008 :: 1:06:10 to 1:09:16
Total video length: 1 hours 25 minutes Stream Tools: Stream Overview | Edit Time

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Emanuel Cleaver

1:03:22 to 1:06:10( Edit History Discussion )
Speech By: Emanuel Cleaver

Emanuel Cleaver

1:06:03 to 1:06:10( Edit History Discussion )

Emanuel Cleaver: speaker, i would like tr,o inquire upon mye colleague, the gentleman, mr. welch, if he has additional speakers. i at this time do not appear to a have any additional. mr. welch: i have

Lloyd Doggett

1:06:10 to 1:06:17( Edit History Discussion )

Lloyd Doggett: at least two speakers at this point. mr. sessions: i reserve the balance of my time. the speaker pro tempe ore: the gent leman reserves the balance of his time. the gentleman fromth vermont.

Lloyd Doggett

1:06:10 to 1:09:16( Edit History Discussion )
Speech By: Lloyd Doggett

Lloyd Doggett

1:06:17 to 1:06:30( Edit History Discussion )

Lloyd Doggett: mr. welch: thank you, mr. speaker. i yield two minutes to thtwe gentleman from texas, mr. doggett. the speaker pro tempore: the gentleman is recognized for two minutes. mr. doggett: mr.mr speaker,

Lloyd Doggett

1:06:30 to 1:06:40( Edit History Discussion )

Lloyd Doggett: i rise as an enthusiastic supporter of the legislation eg that has bee n prepared by the gentlewoman from new york. credit card abuse isd rampant and her legi slation helps us to u correct

Lloyd Doggett

1:06:40 to 1:06:53( Edit History Discussion )

Lloyd Doggett: some of the most egregious abuses. i have j ust come from them subcommittee on health on which i serve. it's w ell-known that the number one item in terms of yesterday y it card debt is fors

Lloyd Doggett

1:06:53 to 1:07:04( Edit History Discussion )

Lloyd Doggett: medical bills. and that health care costs are a the number o ne cause of personal bankruptcy ionn this country. when we wrote the bankruptcy bill a fewbi years ago, what began as a reasonable

Lloyd Doggett

1:07:04 to 1:07:15( Edit History Discussion )

Lloyd Doggett: reform to deal with problemss with debtors became an entirelyel one-sided id piece of legislation that l ignored these rampant abuses ins the credit card industry. so it's appropriate that

Lloyd Doggett

1:07:15 to 1:07:30( Edit History Discussion )

Lloyd Doggett: here today und er new leadership andan a demratic congress and with the leadership of the the gentlewoman from new york,fr we are finally, belatedly addressing some of tomhese abuses.

Lloyd Doggett

1:07:30 to 1:07:40( Edit History Discussion )

Lloyd Doggett: but all of this will be for l naught unless this measure becomes part of thbee great wall street bailout that the president has proposed. once again the proposal being sa advanced from this

Lloyd Doggett

1:07:40 to 1:07:51( Edit History Discussion )

Lloyd Doggett: administration, not unlikte our old debate abo ut the bankruptcy b laws, is all one-sided. give to those whoho caused the problem, give taxpayer money to those who caused the problem, and let

Lloyd Doggett

1:07:51 to 1:08:03( Edit History Discussion )

Lloyd Doggett: those who caused the pr oblem decide howe that money is distr ibuted. it's all one-sided. if such a bill inl any form is to be passed, and i think there's great debate about the wisdom

Lloyd Doggett

1:08:03 to 1:08:15( Edit History Discussion )

Lloyd Doggett: of approving anythinrog in this area of the type thatyp has been advanced, but iff such a measure is to beas approved, it is essential that we do just a little bit for the consumers who have beenha

Lloyd Doggett

1:08:15 to 1:08:27( Edit History Discussion )

Lloyd Doggett: entrapped in many cases with massive amounts of credit card debt. and incorporating the modest but very important reforms that the gentle woman from new york ew has advanced into vathis

Lloyd Doggett

1:08:27 to 1:08:40( Edit History Discussion )

Lloyd Doggett: legislation is absolutelybs essential. we need not negotiate just over the unsatisfactory proposal that was advanced by the treasury departmentrt. we should incorporate -- may i have an

Lloyd Doggett

1:08:40 to 1:08:52( Edit History Discussion )

Lloyd Doggett: additional 10 seconds? mr. welch: 30 3 seconds. mr. doggett: we need not be be limited by just tryingo improve an unsatisfy -- unsatisfactory proposalsf advanced by the administration.dm we

Lloyd Doggett

1:08:52 to 1:09:02( Edit History Discussion )

Lloyd Doggett: need to add to that negotiating list key consumer reforms like this so that the protection is just not for the wrongdoers ongd wall street but the average consumers struggling to make ends

Lloyd Doggett

1:09:02 to 1:09:07( Edit History Discussion )

Lloyd Doggett: limeet with a huge credit card debt. i applaud the the gentlewoman from new york for her r leadership. i yield back. the speaker pro tempore: the gentleman yields back the n balance of his time.

Lloyd Doggett

1:09:07 to 1:09:16( Edit History Discussion )

Lloyd Doggett: the gent man from texas. mr. sessions: mr. speakeser, we reserve our time. the speaker pro tempore: the gentleman reserves the baln ance of his t ime. the gentleman from vermont. mr. welch:

Keith Ellison

1:09:16 to 1:09:30( Edit History Discussion )

Keith Ellison: ih: yield twold minutes to the gentleman from minnesota, a membernn of the fi nancial services committee, mr. ellison. the speaker pro tempore: the gentleman is recognized for two minutes. mr.

Keith Ellison

1:09:16 to 1:12:42( Edit History Discussion )
Speech By: Keith Ellison

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