We understand and I continue to hear the word ``recovery.'' We know it is a jobless recovery, but it is not a jobless recovery for those who live in Iraq. It is a lot of no-show jobs going on over in Iraq. And as we discussed in our last session, certain individuals are doing very well by the American taxpayers. There is a budget for Iraq, and there is a budget for the United States; and they are both being paid for by the American taxpayer.
Discussing the economic situation in Iraq and its implications for American taxpayers.
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That is why I take offense when I hear it is the Community Reinvestment Act that did this. That is baloney.
If we continue to drag this out... we are going to find ourselves in a real serious, severe crisis.
I wanted to note that in hearings before the Committee which I Chaired there were a number of military prosecutors that testified that described that entire process as a sham, a joke and a fraud being perpetrated.
There are no more bailouts coming from this Congress. That ain't gonna happen.
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