The stock market, this very minute, is dropping like a rock over the financial collapse of Greece and the pending failure of other Euro nations. They are bankrupt from unsustainable government spending under the same programs the Democrats in this body are now forcing on America. With an overwhelming majority in the House and Senate and a Democrat in the White House, they can't even pass a budget. Heck, they're not even proposing one. Mr. Speaker, the House majority has proven it can't govern; and if we don't make a change, America will join Greece in national bankruptcy.
John Rice Carter: “The stock market, this very minute, is dropping like a rock over the financial collapse of Greece and the pending…”
Editor's note · Context
The speaker addresses the financial crisis linked to government spending and the inability to pass a budget.
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