I want to believe what I just heard. I do. I believe the genuineness and the sincerity of the words from my colleague from Arizona. I also, though--and I agree with him there are things we need to fix in this bill. There always are. And we can work to improve it. I met only 2 hours ago a dozen manufacturers from Ohio--mostly metal-working companies, stamping, bending metal, all of that--who came to see me to talk about credit. Their frustration with the banking system and Wall Street is pretty deep and pretty intense. Anger, frustration-- I will not speak for them, to be sure. But it is pretty clear that Wall Street has not served them well and has not served this country well. As I said, I know we need to fix some things about this bill. A guy years ago told me: Don't tell me what you believe. Show me what you do; I will tell you what you believe. When I listen to leadership on the other side, especially to our colleague from Kentucky, I really do watch what he does, not just what he says. I know he says this bill does not work because it will mean more bailouts. That is battle tested, focus group tested, poll tested. That is the right thing to say you are against the bill. But more than that, I watch what he does, and I watch what Republicans have done on this bill. Back in December 100 bank lobbyists met with Republican leadership in the House to talk about how to defeat any kind of Wall Street reform.
Editor's note · Context
The speaker addresses concerns about Wall Street's impact on manufacturers and discusses the need for banking reform.
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