I rise to offer this amendment for the consideration of this body because it is important to boosting American jobs and manufacturing and ensuring that more of our American dollars are spent here at home. When the Federal Government spends…

my colleague from Oklahoma was addressing the frustration that exists on the part of the American public with this Chamber for not doing its job. I must say, on that point, we are in complete agreement. I hear in every townhall, in every…

Is it time to try something far more aggressive...

I think the real question here, which goes to what Senator Corker raised, is the time line...

I must say, your answer is exactly the answer I have heard every time...

Did our support of basically the dislocation or removal of the government there undermine our foreign policy objectives in Iran?

I rise today to speak about the issue of creating jobs in America--more specifically, the loss of jobs that has been driven by the unfair trade practices of China. The bottom line is this: Chinese manipulation of currency is a tariff on…

I found it very interesting, listening to some of the debate today, that there seems to be some policymakers in the Senate who haven't come to understand that when another nation pegs its currency, rather than letting it float, it does so…

Yes, that is one way of--one possibility of certainly taking the whole--saying refinance the whole thing regardless of the amount that you are underwater, and that is easier and simpler.

In Oregon, we recently had the shutdown of a company called Blue Heron. It has operated for the better part of a century, making paper. The point Blue Heron was making was that because of the pegging of the currency, the paper they tried…

I think that the plans on compensation for market-making trades is very, very helpful because it creates a huge distinction between one business and the other.

I wonder if my colleague from Ohio would consider a bit of a discussion for a few minutes.

Is there any sense to using soft seconds for the balance that is underwater as a way to create loans that could re-enter the marketplace?

This is a big problem.

I wish to thank the Senator from Ohio, Mr. Brown, for his work, along with the work my colleague from New York, Senator Schumer, has done. It is time we stand for workers across our Nation who have been systematically losing the…

I think it is important to understand as well that the pegged currency isn't the only tool China is using to create an unlevel playing field against American products. Another is that they use something economists call financial…

I look at the fact that we subsidize homeownership through the home mortgage interest deduction, about $100 billion a year, roughly.

I would say, if there is one thing we learned, liar loans are unacceptable.

Why not spend a little money in a matching grant program, not simply on a temporary basis...

So we are spending all this money to help reduce the price of a house in the longer term.

Thank you, Mr. Chair.

I guess one thing I would be interested in is whether there is a way in which homes could be offered, if you will, to homeowners for a month or some period of time at the level that they would otherwise be included in the investment…

So you are picturing not just an option, but a negotiated purchase price arranged up front?

The cloud of foreclosures, the five to eight million additional foreclosures is a huge problem for our economy.

My point is that if you are going to do a substantial discount, why not give individual families who have suffered with so much difficulty in this economy the chance to be a homeowner first and take advantage of that discounted rate?