Last week I made a summary with the WORST of the WORST on the Bailout bill, this other one is a positive selection of the BEST in the U.S. House of Representatives, delivering the best speeches on the day the Bailout failed (September 29, 2008). The bill was brought back from the Senate and passed in the House on October 3rd 2008.
These men opposed the Bailout defying fear tactics, speaking with eloquence and moral clarity, all having the highest honor of being loyal to the U.S. Constitution, for Liberty.
I'm not including Congressman #1, the Champion of the Constitution, Ron Paul [R-TX], I have already posted his two speeches on the Bailout.
Republican Members are yielded time to speak by Spencer Bachus [R - AL], a sellout whose greatest argument for voting YES was "not having a crystal ball", either his intellect is below average or he is in the soup with Henry Paulson.
By order of appearance,
Brad Sherman [D-CA]
"Many of the bailed-out firms are going to be unprofitable in 2013. And therefore you're not going to be able to put an income tax on them. Some of the bailed-out firms are going to move offshore before 2013. Wall Street gets their money now, and we get it back never."
http://www.c-spanarchives.org/congress/?q=node/77531&id=8899257
Lynn Westmoreland [R-GA]
"I've often said as I have stood up that when the process is broken, the product is flawed...There was only one hearing that I know of in the Financial Services Committee that was held before this bill, and that was to have Secretary Paulson and Chairman Bernanke come and testify. Those were the only two witnesses. And I'm not sure what alternatives are out there, what the plans are for a free market, for capital infusion and not just buying these toxic assets... But the process is broken because there was no markup on the bill."
http://www.c-spanarchives.org/congress/?q=node/77531&id=8899273
Scott Garrett [R-NJ]
"We should not go to the administration, who has brought this problem to us through their actions in the past; the Federal Reserve with their roller coaster interest rates from 2001 to 2004, 6 percent to 1 percent down; and then 2004 to 2007, 1 to 5 percent up; bubbles and bursts from the Fed and their false promises with Bear Stearns and AIG and GSEs."
http://www.c-spanarchives.org/congress/?q=node/77531&id=8899365
Todd Akin [R-MO]
"The problem is, this doesn't solve the problem. It's nice to take a bullet for the team if it's going to do some good, but this isn't going to solve the problem. All the people I hear in favor of this say we have got to give up some principal in order to save principal. You never save principal by giving it up."
http://www.c-spanarchives.org/congress/?q=node/77531&id=8899427
________________________________________
BEST on Bailout Day [1]: McCotter, Hensarling, Culberson
http://youtube.com/watch?v=F9RPNhWJG2E
BEST on Bailout Day [2]: Sherman, West., Garrett, Akin
http://youtube.com/watch?v=jXGv6qSwuPs
BEST on Bailout Day [3]: Miller, Flake, Gohmert
http://youtube.com/watch?v=LKHYzpB0-4U
WORST_of_the_WORST_Supporting_the_Bailout_Bill.b1
http://youtube.com/watch?v=QgRgphfKrVM
Thank You JaraLero. I would have never seen this if you haven't uploaded it.
jjpjimmy 2 years ago
Hey, all the best :)
jaralero 2 years ago