On the recordJanuary 28, 2014
I ask unanimous consent that the letters I will be speaking about be printed in the Record at the end of my remarks. Recently the Obama administration has been talking a lot about income inequality and poverty. Yesterday I spoke about the issue, about the war on poverty, its successes and its failures. As I said yesterday, the United States has spent trillions of dollars in the last 50 years fighting the so-called war on poverty. I said yesterday that the results have been marginal, in some cases successful, reducing the poverty rate from 19 percent down to the 15 percent it is now. But a lot more needs to be done. Now, in the fight against the war on poverty, this administration, like a lot of administrations, wants to spend more money on more programs. Some of that may be justified, but that does not seem to fix the problems. If you just hand this money out with no strings and no oversight, it gets diverted and misused. That is the purpose of my speaking today on the subject of public housing. Wasted money does not help the poor. There are a lot of people who make a nice profit from the poverty of others. This administration has been helping a number of these profiteers while the poor suffer. I want to be clear as to some of these issues I am talking about--their genesis goes back to previous administrations as well. Through my oversight work, I have seen this happen over and over, that a few people profit from trying to help the poor, but the money does not go there.…





