We heard just the other day in this Chamber the leader of our great ally Australia talk about the greatness of our Nation and how it is the belief that we can achieve anything. This lack of confidence illustrated in the rhetoric here on the floor today about the greatness of America, maybe we need to walk back a minute and look at how we invested and rebuilt Japan and Germany after the war, how we bailed out Mexico, over $40 billion. How, today, this day alone, we are spending $2 billion this week in Afghanistan. We have people all over the world trying to assist others. We will be one of the first nations rushing to help those affected by the tsunami this morning in Japan. This is a great Nation. We come today, however, to say to law-abiding, tax-paying citizens who lost their jobs because of the shenanigans on Wall Street, that even though we were able to help the banks to the tune of trillions of dollars, we can't provide a small bridge loan to help a homeowner who has been paying their bills, been abiding by the law and has been affected by the actions or inactions of the government and Wall Street. Now, this is not a new program built on hopes and dreams. This is a replication of a program that has been operating in Pennsylvania for 20 years.
Editor's note · Context
Fattah addresses the disparity in government support for banks versus struggling homeowners.
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