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Senate Proceeding on Sep 27th, 2008 :: 2:18:42 to 2:31:09
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Jim DeMint

2:18:42 to 2:18:52( Edit History Discussion )

Jim DeMint: absence of a quorum. the presiding officer: the clerk will call the roll. quorum call: the presiding officer: the senator from south carolina is recognized. i'd note we are in a quorum call, senator.

Jim DeMint

2:18:42 to 2:31:09( Edit History Discussion )
Speech By: Jim DeMint

Jim DeMint

2:18:52 to 2:19:04( Edit History Discussion )

Jim DeMint: mr. demint: thank you. i usually forget. i ask the quorum call be suspended. the presiding officer: without objection, so ordered. the senator is recognized for 15 minutes. mintmont thank you, madam

Jim DeMint

2:19:04 to 2:19:20( Edit History Discussion )

Jim DeMint: president. we try -- mr. demint: thank you, mr. president. as we try to end the session today, i'm looking for some silver lining in all we're doing here, with the panic we've created here in congress,

Jim DeMint

2:19:20 to 2:19:33( Edit History Discussion )

Jim DeMint: in our markets amand credit industry and passing this conglomeration of bills without adequate debate. there's one silver lining for me that i think we need to mention to the american people. there

Jim DeMint

2:19:33 to 2:19:52( Edit History Discussion )

Jim DeMint: are a number of families suffering for a lot of reasons, but one of them -- one of the greatest is the high cost of gasoline in this country and now even shortages. but because of the anger of the

Jim DeMint

2:19:52 to 2:20:07( Edit History Discussion )

Jim DeMint: american people, the calls and the e-mails that have come in, this continuing resolution that we'll be voting on today includes a huge victory for the american people because the mortgage on -- because

Jim DeMint

2:20:07 to 2:20:22( Edit History Discussion )

Jim DeMint: the moratorium on oil and gas leasing will expire. many thought that this was a law that we couldn't change, but the fact is, this was a year-to-year rider on spending bills that have -- that had

Jim DeMint

2:20:22 to 2:20:40( Edit History Discussion )

Jim DeMint: to be included every year or it would expire. but because americans got engage ed in this whole idea of making october 1 energy freedom day, our democratic colleagues have backed down and have not included

Jim DeMint

2:20:40 to 2:20:51( Edit History Discussion )

Jim DeMint: an extension of this moratorium in this year's bill. so at midnight on october 1, 2008, because it's the start of a new fiscal year, the current prohibitions on oil and gas leaseing on most of the

Jim DeMint

2:20:51 to 2:21:05( Edit History Discussion )

Jim DeMint: outer continental shelf and on oil shale leasing on federal lands will expire. that's something to celebrate here in america. the estimates from the minerals management service and the bureau of

Jim DeMint

2:21:05 to 2:21:19( Edit History Discussion )

Jim DeMint: land management indicate that there are upwards of 18 billion barrels of recoverable crude oil on the currently off-limit areas of the outer continental shelf, as well as more than 55 trillion cubic

Jim DeMint

2:21:19 to 2:21:34( Edit History Discussion )

Jim DeMint: feet of natural gas. estimates of american oil shale vary widely but range from the hundreds of billions of barrels to trillions of barrels of oil. many believe that we have more oil in oil shale

Jim DeMint

2:21:34 to 2:21:47( Edit History Discussion )

Jim DeMint: thalen saudi arabia has. taking advantage of american resources will increase the worldwide supply of petroleum and bring down prices at the pump. the very access to these resources will send powerful

Jim DeMint

2:21:47 to 2:21:58( Edit History Discussion )

Jim DeMint: price reduction signals to the futures market providing immediate price relief, even if the actual leasing does notsi commence for months. everyone is familiar with the crisis on wall street. the

Jim DeMint

2:21:58 to 2:22:13( Edit History Discussion )

Jim DeMint: coverage dominates every media outlet but we also have a crisis on main street where people are paying outrageously high prices for gasoline in having -- and having to h wait in long lines to

Jim DeMint

2:22:13 to 2:22:26( Edit History Discussion )

Jim DeMint: fill up their cars. here are just a fewt headlines that we're starting to get from newspapers. the associated press headline "the southeast gas shortage squeezes small retailers." and within gas station owner

Jim DeMint

2:22:26 to 2:22:40( Edit History Discussion )

Jim DeMint: says quirkts a a panic." cbs news reported, "north carolina gas shortage leaves people panicked." p "the washington post," "gas shortage in the south creates panic and long lines." it goes on

Jim DeMint

2:22:40 to 2:22:53( Edit History Discussion )

Jim DeMint: and on. this is very real. this is not something we're manufacturing, and it is a direct result of bad policy here in congress that has restricted the development of our own energy here in america. beaver

Jim DeMint

2:22:53 to 2:23:07( Edit History Discussion )

Jim DeMint: unfortunately -- unfortunately, we're still having to fight a number of members of congress to allow this to proceed. it was announced that the democrats had given up on their efforts to block energy

Jim DeMint

2:23:07 to 2:23:21( Edit History Discussion )

Jim DeMint: exploration and america celebrated. but then, not more than 24 hours later, we lrned that the majority leader here was making plans to rob americans of this victory by extending the ban on oil shale.

Jim DeMint

2:23:21 to 2:23:38( Edit History Discussion )

Jim DeMint: fortunately, that effort was defeated yesterday. now media reports indicate that democrats also have a plan to delay any offshore drilling, using environmental lawsuits until after the november elections

Jim DeMint

2:23:38 to 2:23:54( Edit History Discussion )

Jim DeMint: when the democrats can reinstate the ban on deep-sea energy exploration. in fact, house majority leader steny hoyer told cnsnews.com on wednesday that restoring the ban on new offshore oil drilling leases will

Jim DeMint

2:23:54 to 2:24:08( Edit History Discussion )

Jim DeMint: b a top priority for discussion next year. if the democrats retain control of congress, he said, "i am sure it will be a top priority for discussion next year." this is outrageous. the american people

Jim DeMint

2:24:08 to 2:24:19( Edit History Discussion )

Jim DeMint: will not tolerate it. te that's why i've written a bill that's called the drill new act -- drill now act which will guarantee access to offshore and oil shale reserves. it will expedite the production

Jim DeMint

2:24:19 to 2:24:34( Edit History Discussion )

Jim DeMint: and leasing of these and provide states with a 50-50 share of the revenues with the federal government and prevent frivolous lawsuits from delaying the will of the american people. this is very simple,

Jim DeMint

2:24:34 to 2:24:46( Edit History Discussion )

Jim DeMint: madam president. and it's what americans want. i hope my colleagues on the other side of the aisle will set aside their desire to punish americans for buying gas and side with the american people. yesterday

Jim DeMint

2:24:46 to 2:25:02( Edit History Discussion )

Jim DeMint: i asked unanimous consent that we bring this i will up and pass it. but it was objected to by the majority leader and we will continue this effort to try to pass this bill that will expedite energy production

Jim DeMint

2:25:02 to 2:25:14( Edit History Discussion )

Jim DeMint: in our country. madam president, i'd like to mention a few things about the bill we'll be voting on in an hour because this is frankly an embarrassment in a time where we're running around here like

Jim DeMint

2:25:14 to 2:25:27( Edit History Discussion )

Jim DeMint: chicken little saying "the sky is falling," the credit markets are seizing up, and this has been a self-fulfilling prophecy. we have created a crisis in our country. but while we're talking about a

Jim DeMint

2:25:27 to 2:25:44( Edit History Discussion )

Jim DeMint: financial crisis and an economic crisis all around america and the world, it's business as usual here in the senate. when the democrats took control two years ago, they -- they promised that weould end

Jim DeMint

2:25:44 to 2:26:01( Edit History Discussion )

Jim DeMint: this wasteful spending and cut earmarks dramatically, but the continuing resolution we're voting on today goes right back to where we were and worse. this bill includes $16.1 billion in earmarks. that is

Jim DeMint

2:26:01 to 2:26:18( Edit History Discussion )

Jim DeMint: "billion." and there are over 2,620 earmarks in this bill. for all the appropriation bills last year, there was less than that. and this only includes three. there's more pork-barrel spending today

Jim DeMint

2:26:18 to 2:26:32( Edit History Discussion )

Jim DeMint: than we did of all -- in awful last year. at a time when we're saying the country is running out of money. at this rate for these three bills, the 2009 fiscal year budgets will see more earmarks than

Jim DeMint

2:26:32 to 2:26:45( Edit History Discussion )

Jim DeMint: we've ever seen in history. americans are beginning to understand how this wastes their money and corrupts the process here. let me just mention a few of the earmarks that are in this bill. there

Jim DeMint

2:26:45 to 2:27:00( Edit History Discussion )

Jim DeMint: is $44 million for the national drug intelligence center in john murtha's district, a project pentagon defense department has said repeatedly that it does not want and need. but every year it comes

Jim DeMint

2:27:00 to 2:27:16( Edit History Discussion )

Jim DeMint: back because it's in a congressman's district. there's $1.75 million for a heritage center that speaker nancy pelosi put for a museum that is really a negligible -- it has no value to the men and women

Jim DeMint

2:27:16 to 2:27:32( Edit History Discussion )

Jim DeMint: in uniform. there's $1.28 million for a navy museum included by congress congressman dix. the military doesn't need another museum. they need the tools to fight the war. now, if we h billions of extra

Jim DeMint

2:27:32 to 2:27:48( Edit History Discussion )

Jim DeMint: money sitting around, then maybe we could talk about these extravagances. but when we're going into more and more debt and hundreds of billions of dollars a year, it makes absolutely no sense to be including

Jim DeMint

2:27:48 to 2:28:04( Edit History Discussion )

Jim DeMint: over 2,000 earmarks of wasteful spending in a bill that includes serious military needs. americans arere angry. they're hearing we have to bail out wall street. they're angry at wasteful spending

Jim DeMint

2:28:04 to 2:28:21( Edit History Discussion )

Jim DeMint: and they have every right to be. when the democrats took control, c the congressional budget office projected an $8 billion surplus between 2008 and 2017. but after two years of democrat control,

Jim DeMint

2:28:21 to 2:28:39( Edit History Discussion )

Jim DeMint: that same budget office now projects a $2.6 trillion deficit over the same period. that's $3.4 trillion in deterioration of our budget situation. and as i've said, even worse, wasteful spending and secret

Jim DeMint

2:28:39 to 2:28:51( Edit History Discussion )

Jim DeMint: earmarks are back in full force. americans have seen over the last couple of years this congress do things and attempt to do things that they knowy are bad for our country. they saw massive amnesty

Jim DeMint

2:28:51 to 2:29:04( Edit History Discussion )

Jim DeMint: bill for illegalal immigrants come through, but we were able to stop it because of the anger of the american people. they've seen this congress for years stop the development of our own resources,

Jim DeMint

2:29:04 to 2:29:22( Edit History Discussion )

Jim DeMint: our own energy, and now prices are through the roof and shortages are occurring. but the anger of the american people is beginning to get the attention of congress. and we've stopped this moratorium

Jim DeMint

2:29:22 to 2:29:36( Edit History Discussion )

Jim DeMint: and we'tore making progress. now we're talking about this massive bailout of wall street that was causeed by bad policy here at congress, that we still refuse to change. and while thisailout may be necessary

Jim DeMint

2:29:36 to 2:29:51( Edit History Discussion )

Jim DeMint: for reasons that we have caused here in congress, we need to do it in a way that protects the taxpayer and includes some free market principles. we need to do some things that actually solve the problems

Jim DeMint

2:29:51 to 2:30:03( Edit History Discussion )

Jim DeMint: that caused what we're dealing with today. and we need to do some things that support some free market principles and guarantee that the government is not going to a permanent player in our financial

Jim DeMint

2:30:03 to 2:30:17( Edit History Discussion )

Jim DeMint: markets. americans are angry and i hope they'll stay angry. because the more they call and e-mail, the more we can get things done here that are right for the american people. we stopped their amnesty

Jim DeMint

2:30:17 to 2:30:29( Edit History Discussion )

Jim DeMint: bill. we've stopped the moratorium on drilling. we've gotten their attention on this bailout that now they're listening to some of the better solutions that have been brought up. so i think the american

Jim DeMint

2:30:29 to 2:31:09( Edit History Discussion )

Jim DeMint: people -- i thank the american people for being engaged. because of their action, we have a chance now to make some major changes here inre congress. with that, madam president, i yield back the

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