What does the secondary mortgage market look like to you if there is no government guarantee of long-term fixed-rate mortgages?
Brad Sherman
The Public Record
Brad Sherman is an American politician serving as a member of the United States House of Representatives from California's 30th congressional district since 1997. A member of the Democratic Party, Sherman has focused on various issues including financial regulation, foreign policy, and technology. He has been an advocate for consumer protection and has worked on legislation related to economic stability and national security. Throughout his tenure, he has participated in numerous congressional committees and has been involved in significant legislative efforts.
This bill that we are talking about today is either a very small bill in its importance or a very large one.
This bill today, to the credit of its author, will tell, for example, Mercedes, 'If you sell trucks to the Quds Force, you are not selling trucks in the United States.'
We owe a special debt of gratitude to the mullahs who run Iran because it is their incompetence and corruption that creates some risk to regime survival.
We have to create a circumstance where the regime in Tehran has to choose between its nuclear weapons program and regime survival.
This is an agreement that will put American workers up against North Korean workers in fighting for jobs in the United States market.
Now that would allow goods to come into our country duty free produced some would say by slave labor, in any case certainly not by those who are free to bargain over their own working conditions.
It is a shame that we don't we have a single representative of American workers here, but of course, that agreement was never about American workers. It was only about profits for giant corporations on both sides of the Pacific.
I mean the Constitution said provides the Congress with authority to declare war and engage in war and now you're telling me that that decision will be made by lieutenants.
Given the fact that Iran is engaged in an act of war against the United States, you would think that the State Department could act a little more quickly.
The idea that it is fine for thousands of Syrians to die at the hands of Iranian weapons and Iranian thugs, that is okay...
This attack demonstrates that Iran perceives us as weak and not without good reason.
The only time that the administration wants to--seems to really want to enforce our terrorist laws with regard to Iran...
We both know that the Justice Department will do nothing to those who deliver trucks to Hamas but will send you around the world trying to make sure that Hezbollah financing is interrupted.
What we should do is require multinational businesses to decide are they going to do business in Iran, or are they going to do business in the United States?
Why such a timid response? Because that is what European--multinational businesses and European diplomats expect of us.
We've passed laws here. They have been deliberately violated by the last three administrations. I refer to the Iran Sanctions Act.
The fact is, this was a Quds Force operation. It was not a rogue operation, but if no one in Iran is going to be held accountable for violating--they're not going to extradite anybody to the United States saying here's one of our citizens…
This bill may be the only thing this committee actually passes into law that creates jobs.
Things being ineffective and too slow is probably not the way they wanted to achieve that compromise.
Under an agreement a product that is 65 percent made in North Korea but 35 percent made in South Korea is a South Korean good.





