Political Quotes

“Let me say to my colleague from Arkansas on the opposite side of the aisle that the need to be concerned about regulations relative to companies that are shipping jobs overseas is something I don't understand. I don't understand why the Members on the opposite side of the aisle could take this precious time to come here in defense of companies that would ship our American jobs overseas for cheap labor. There is no excuse. There is no reason. There is no reason why our colleagues who come here to represent constituents, many of whom are still looking for jobs, and those who get laid off because their companies have taken their jobs and shipped them overseas, would come here and defend some company because they believe that we are being too tough on them, that we are overregulating them. Well, I don't understand it, and there is nothing they could say or do to help me understand that. I strongly oppose Representative Hill's amendment because it would effectively negate the purpose of H.R. 3624 by allowing companies to opt out of this disclosure if they believe that the information is not ``material'' information for investors. As we all know, in practice, companies have interpreted ``material'' only to include information on issues that have a current and easily quantifiable impact. This is exactly what the multinational companies that have been shipping American jobs overseas want, to hide what they are doing.…”