Our country is in economic turmoil principally because of Federal policies, undoubtedly noble in intent, that incented, cajoled, blessed or mandated the financial institutions lend money to people to buy homes that they could not afford to keep.
Hensarling blames federal policies for the economic turmoil and housing crisis.
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If we ignore that basic fact, we are willfully disregarding history, and we are bound to repeat history.
May I ask how much time I have left? The SPEAKER pro tempore (Mr. Bacon). The gentleman from Texas has 7 minutes remaining.
I thank the gentlewoman for her very, very kind words. And, again, she will be very much missed from this institution, but I will treasure our service together. I will treasure our friendship forever as well, and I thank her for coming to…
I thank the gentleman for his kind words, and far more importantly, I thank him for his leadership. He is truly one of the workhorses for economic growth in the United States Congress. Again, I take great solace, as I will soon leave this…
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