I appreciate the courtesy of the Senator from Nebraska. We all understand why this legislation is trying to prevent this from ever happening again. I have shown this on the floor many times. This was from a credit company called Zoom advertising mortgages. We ran up to a near collapse of the economy with companies advertising this: Credit approval is just seconds away. Get on the fast track at Zoom Credit. At the speed of light, Zoom Credit will preapprove you for a car loan, a home loan, a credit card, even if your credit is in the tank. Then it says: Zoom Credit is like money in the bank. We specialize in credit repair and debt consolidation. Bankruptcy, slow credit, no credit? Who cares? We wonder how this country got in trouble. Today on the Internet this exists. Nothing has changed. Speedy, bad credit loans. If you want to get a loan, you have bad credit, go to the Internet to this site. I am not advertising for them because clearly it is probably a bunch of shylocks running this operation. Bad credit, no credit, bankruptcy, no problem, no downpayment, no delays. Come to us, if you want money. Unbelievable. This is on the Internet today. It describes why we have to pass this legislation and what we are trying to do to protect the American consumer and why regulations that come from this are so important. Easy loan for you. Instant approval. Regardless of your credit score or history, approval is guaranteed. This sort of nonsense is not good business.…
Share & report
More from Byron Dorgan
Further, I ask unanimous consent that the Senate proceed to the immediate consideration of these bills and the immediate consideration of H.R. 6392 which was received from the House and is at the desk en bloc. The PRESIDING OFFICER…
I ask unanimous consent that the bills be read three times and passed en bloc; the motions to reconsider be laid upon the table en bloc, with no intervening action or debate; and any statements relating to the bills be printed in the…
I ask unanimous consent that the bill be read a third time and passed, the motions to reconsider be laid upon the table, with no intervening action or debate, and that any statements related to the bill be printed in the Record. The…
Madam President, I voted today to move forward with the tax package because I did not want to block the Senate from considering this legislation. But I do not support the bill in its current form, and I will not support it on final passage…





