I represent the most unique city on the planet, the City of Las Vegas. It's a great place with great people, but we are hurting, and my constituents are angry. I've got the second highest unemployment rate in the country, the highest mortgage foreclosure rate in the country, and 460,000 Nevadans have no health insurance. The stimulus bill saved our State--money for education and Medicaid, unemployment compensation, job creation, infrastructure improvements--but we need to do more. We need to pass a jobs bill to get more people back to work. We need to pass health care reform to provide medical care for those who can't afford it on their own. Finally, for the financial industry, whose reckless behavior put this Nation and the rest of the world in a deep recession, Congress must past meaningful Wall Street reform and consumer protection. I know we talk all the time about Wall Street's being a casino. Coming from Las Vegas and representing Las Vegas, let me assure you no casino on the planet behaves as irresponsibly and as recklessly as Wall Street does. Wall Street ought to be ashamed and should take a lesson from the casino industry.
Shelley Berkley: “I represent the most unique city on the planet, the City of Las Vegas. It's a great place with great people, but we are…”
Editor's note · Context
The speaker addresses economic challenges and the need for job creation and financial reform in Las Vegas.
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