The old days of trade adjustment assistance coming from magic money, that is gone.
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.
Those who constantly bleat exports mean jobs should at least follow up with imports cost jobs.
Our trade policy has created huge profits on Wall Street and the destruction of the American middle class.
The solution is to end these practices by ending MFN for China 6 months after enactment.
The underlying problem is that the most powerful interests of the United States benefit massively from Chinese unfair practices.
If Aljazeera covered our town halls, the Palestinians would understand just how popular aid to the Palestinians is in this democracy.
The Palestinian Authority is probably more familiar with our foreign policy experts and our State Department than our Congress and our people.
Instead of talking with Israel, the Palestinian Authority has launched a campaign outside the negotiating process.
I think that there is only--I am aware of one bipartisan piece of legislation that Congress could take in the next month or two that would help avoid a double-dip recession, and that is legislation to maintain the qualifying loan limit.
The record should show that when I say only the 10 largest markets, that was facetious.
I wish the gentleman from New Jersey was right and Dodd-Frank completely eliminated too-big-to-fail.
That may be a noble goal, but we also have to protect taxpayers from the precipitous removal of Fannie Mae and Freddie Mac.
It feels like generation theft that my kids and grandkids cannot enjoy the benefits that we have had in place since 1913.
I commend the gentleman from Staten Island on the importance--on his statement that we should keep the home mortgage deduction.
The average non-homeowning family in this country has an average net worth, value of everything they own in the world, of under $5,000.
The mortgage interest deduction is going nowhere. The sun will disappear before it goes away.
But we are in a crisis. The economy is fragile. And we need to be practical.
If I were starting a new country, I would not have it. I don't think it is ideal tax policy.
The only bills the President is going to sign this year are appropriations bills and post offices.
We need to reform the Atomic Energy Act, and I commend the chairwoman for her decision to introduce legislation to do just that.
We hope Japanese authorities get the upper hand and resolve this crisis. The people of Japan are in our prayers.





