On the recordMarch 27, 2012
And thank my friend from Tennessee for his hard work on this bill of which, as I said in my previous statement, I'm very supportive. I do want to take the opportunity, though, having heard from the gentleman from Tennessee phrases that we hear all too often--phrases like ``one-size-fits-all regulation'' and ``bound up in redtape''--I do want to take this opportunity to remind the American people that those are phrases that sound scary: ``regulation,'' ``redtape,'' and ``one size fits all.'' But what we're talking about here is protection for the American people. In my previous statement, I made the point that we have to get the balance right; but like everybody else in this Chamber, I woke up a couple of years ago to learn that 11 men were dead on a deep-sea drilling platform in the Gulf of Mexico and an ocean was poisoned, devastating the economy of the gulf. We've all seen what happens when you sell exploding mortgages to people who can't possibly repay them, even though the people who sold those mortgages know that. I come from a district which actually has some of the poorest air quality in the country. Why do I enumerate these things? Because they are all a failure to regulate to provide a safe and good environment in which we can thrive. Nobody wants to see 11 men die on a deep-sea drilling platform.…





