Absolutely true. Similarly, we have a well-regulated financial market, which we will when this bill is finally is signed, then we will. The point that I want to make is this, and that's why I brought this thing up: Where do you stand? Where do the Democrats stand? We clearly voted today for a major overhaul of the banking industry, the financial industry, and the mortgage markets, to put in place strict rules and regulations. That's where we stand--to protect consumers with the consumer protection bill. Where do the Republicans stand? Well, why don't we just quote the Republican minority leader, whose name I won't mention, but let's just say he represents the Republicans in this House. He is their leader. {time} 2310 So in an interview with a newspaper in Pittsburgh, Pennsylvania, he said that this bill was a nuclear weapon to kill an ant. I have got the exact quote here. Maybe I should just read that. I don't want to misquote him because what he said was so outrageous. Let's see. Oh, that's the Social Security which we ought to come to here in a moment. And Social Security, just touching on it, he said, ``We ought to raise the Social Security age to 70 so we can finance the Afghan war.'' Oh, wait a minute. Did you really mean that, Mr. Leader? He said, ``This is killing an ant with a nuclear weapon,'' when referring to the Wall Street Reform and Consumer Protection bill.…
Share & report
More from John Garamendi
Mr. Chair, I rise today to offer a critical amendment to pause wasteful and unnecessary spending at the Savannah River Plutonium Processing Facility. This is a responsible measure. It will pause the development of this nuclear facility…
Mr. Speaker, today I rise in support of Senator Schumer's address on anti-Semitism in the Senate. I echo Senator Schumer's concerns. Anti-Semitism is on the rise in our country, and it is simply unacceptable. As Americans, we have the…
Mr. Speaker, I thank the gentlewoman from Florida (Ms. Wasserman Schultz) for her comments. Mr. Speaker, I yield to the gentleman from Ohio (Mr. Landsman).
Mr. Chairman, if I might ask another parliamentary question, sir. As the author of this amendment, do I have the opportunity to propose 1, 2, 3, 4, 5, 6, 7, 8, 9 of those pro forma amendments? The Acting CHAIR. That is correct.





