On the recordFebruary 28, 2007
we are in the middle of an ongoing discussion and debate over our homeland security, and certainly, as all of us know, this remains a matter of grave concern. Homeland security means many things, and it certainly does mean that we fully and appropriately fund our police and our fire. It means we guard our ports and our infrastructure such as our tunnels and bridges, all of which are going to be the subject of the authorization legislation brought forward by the chairman and ranking member. But it also means we have to remain strong at home and we have to have the economic resources to spend on protecting ourselves. Yesterday, the Dow Jones Industrial Average plummeted 416 points--the largest single drop since the markets reopened after the September 11 attacks. While our markets were reeling, alarm bells were ringing once again over the irresponsible fiscal and economic policies of this administration that continue to surrender the economic sovereignty of our country to foreign banks, investors, and governments piece by piece. Yesterday's stock market disruption came on the heels of pessimistic economic news on the homefront and ominous comments about recession by former Fed Reserve Chairman Alan Greenspan.
Source
govinfo.gov




