I can put a gun to my neighbor's head, take his college fund for his children, place a bet on a roulette table in Las Vegas, and maybe, maybe I will triple his money. But, Mr. Chairman, that is not a risk that my neighbor voluntarily undertook.
Jeb Hensarling uses a metaphor to illustrate the risks involved in the bailout plan and the lack of consent from taxpayers.
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As we saw in the last crisis, it is the average hardworking Americans that will suffer the consequences if Washington deregulates Wall Street mega banks again.
So if that is permitted right now then I am going to raise my hand at the board meeting when the senior vice president for credit administration comes in with this big gobbledygook proposal and says, 'Hey, I like it. That is fascinating…
May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.
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