Thank you, Madam Speaker, and I appreciate the opportunity this evening to talk about something that we're not talking much about right now. We talk about the loss of jobs, the unemployment. But what really caused it? You know, a few weeks ago the Financial Crisis Inquiry Commission actually submitted its report to Congress. The good news is that it's on the best seller list. The bad news is that I am fearful that it's going to be gathering dust in the Chamber here and throughout this building because in this document it speaks volumes about why we are sitting where we are today; why our economy has tanked; why there are 15 million people unemployed in this country; and why there are 4 million people who now have been foreclosed on, and another 4 million who are underwater relative to their mortgages.
Jackie Speier: “Thank you, Madam Speaker, and I appreciate the opportunity this evening to talk about something that we're not talking…”
On the recordMarch 1, 2011
Editor's note · Context
The speaker addresses the causes of unemployment and the financial crisis, referencing a report by the Financial Crisis Inquiry Commission.
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