I thank the gentleman from Georgia. Someone has said that Congress is a place where, when someone gets up to speak, no one listens, but then everyone disagrees. Well, there was one person that had to listen, had to listen the entire time, and that was Jay Pierson. He was selected by three different speakers--Speaker Gingrich, Speaker Hastert, and Speaker Boehner--to have what was really an awesome obligation. He is truly a man behind the scenes. {time} 1950 As chairman and ranking member of the Financial Services Committee for the last 8 years, we have brought many pieces of important legislation to the floor during the financial meltdown, during the flash crash, during other times of financial stress. Our committee is known for working in a bipartisan way. But that doesn't work all the time. And when I show up and ask for his advice, Jay often says, The Financial Services Committee is bringing a bill. Things are fixing to get messy. Let me say this. Jay, because you were here, things didn't get as messy as they otherwise would. I, along with every Member of this body, have relied on you for your advice and your guidance; and I, too, along with every other Member, consider you not only a professional, but a friend. So thank you for your 34 years of wonderful service.
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Wouldn't it be a better approach to say, 'Take all that out, and then send it to us?'
I claim the time in opposition, although I am not opposed. The CHAIR. Without objection, the gentleman from Alabama is recognized for 5 minutes. There was no objection.
Our loan was turned down not because of our credit. We had perfect financials and had been working with the same manager for 20 years. It was just because question sell guns, and they said that to us specifically, you sell guns.
I thank the gentleman from Virginia. They actually called for us to have this procedure. And that part of Dodd-Frank--I have sometimes said ``the good, the bad, and the ugly''-- that was a good part. We needed to structure bankruptcy where…





