I rise maybe to make a suggestion. I know it may drop on deaf ears, but, you know, we are about to undertake an historic event, both in this institution, the Congress of the United States, and in the United States of America, and that is to enact laws by a democratic society through their elected representatives that will cause occasions to happen that may actually save the economy of this Nation or the economy of the world. It seems to me at this first preparation date we are awaiting the appointment of our conferees here on the House side, that we are already indicating that there will be a political flavor to this conference as opposed to an attempt by both sides of the aisle to find what is best for America and what is best for the economy of this country. Now, I suggest, and I will concede, having worked with the chairman and Members on the other side, the ranking members and others, for these last 15 or 16 months, that this is not a perfect bill or a perfect solution. I wish it were. But I think we will all have to wait until another day of a higher order to get to perfection. All we are trying to do here is to work in the regular order of the legal process to see if we can make certain that we don't bring down our economy or our government or the world's economy or the world governments. And that's what we are attempting to do.
Editor's note · Context
The speaker addresses the importance of bipartisan cooperation in enacting economic legislation.
Share
More from Paul E. Kanjorski
If this body is to create new regulations in the OTC markets to decrease the possibility of systemic risk and increase transparency, Congress must ensure robust competition and protect the ability of American businesses to use these…
Ultimately, we need to see this conservatorship have a time certain to end, and transition these Enterprises back to the private market.
It is when securitized mortgaging left government-regulated entities, went to Wall Street, and Wall Street discovered a way to sell crap for a AAA rating.
As most Members of this Chamber know, we recently lost a dear friend and colleague. Congressman Jack Murtha passed away on February 8 after complications from gallbladder surgery. Jack recently became the longest-serving Member of Congress…





