"The Obama Administration has been saying this is because they inherited a financial mess and used that excuse to pass a $787 billion stimulus bill."
"Since the stimulus passed--which I did not vote for--unemployment has skyrocketed from 6% to nearly 10%."
"I would think that people in the newspaper business would have gotten the word that bailouts are not really a very popular concept in this country right now."
"I voted against it, just for the record."
"But despite all the important contributions of our journalists--without whom we would not have heard about Iran-Contra during President Carter's Administration--journalism as a business should not be ..."
"Now, President Obama wants to bail out newspapers and/or turn them into non-profit entities so they are free of politics and partisanship."
"Thank you Madam Chair for holding this hearing. I commend the JEC for taking this opportunity to engage in such a timely subject."
"Real gross domestic product has dropped at more than six percent in the fourth quarter of 2008--as well as the first quarter of this year--resulting in the loss of some 5 million jobs over the 15 mont..."
"Three weeks ago we heard from Chairman Bernanke who stated that the U.S. economy has contracted sharply since last autumn."
"A number of factors have contributed to this situation; however, rising commodities prices are clearly capable of prolonging this current recession, foremost on that list being oil."
"Clearly the United States needs oil to sustain our economic growth, but our supply here in the U.S. is limited and so we have turned our attention to developing countries such as Venezuela, Nigeria an..."
"Your recommendations to Treasury to require all TARP recipients to report on their actual use of every dollar, and auditing for verification, is an important first step in keeping the TARP out of trou..."