House Proceeding 03-17-09 on Mar 17th, 2009 :: 0:12:45 to 0:14:55
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0:12:41 to 0:13:01( Edit History Discussion )

John D. Dingell: people who work on wall street get their contracts upheld but people who work on the line, it doesn't matter and let them eat cake, this is wrong, mr. speaker. i yield back. the speaker pro tempore: the gentlelady's time has expired. for what purpose ds the gentleman from michigan rise? >> mr. speaker, i ask unanimous consent to address the house for one minute and to revise and extend my remarks.

0:12:45 to 0:14:55( Edit History Discussion )
Speech By: John D. Dingell

0:13:02 to 0:13:22( Edit History Discussion )

John D. Dingell: the speaker pro tempore: without ob gentleman is recognized. mr. dingell: mr. speaker, like everybody else in this chamber, i am outraged about a.i.g. they got $170 billion in taxpayers' funds to bail them out of a situat

0:13:23 to 0:13:43( Edit History Discussion )

John D. Dingell: largely of their own creation. and they then made it worse by giving $165 million in bonuses to people who had participated in the outrage about which all of all americans are so infuriated. the federal government is

0:13:44 to 0:14:06( Edit History Discussion )

John D. Dingell: trying to save this corporation because it's too big to fail. but we don't have to save a bunch of money-grubbing rascals who had a part in the collapse of our ecomy which they helped to bring about. so i'm introducing today a bill which is going to address the problem.

0:14:07 to 0:14:28( Edit History Discussion )

John D. Dingell: it's entitled, the responsible corporate compensation act of 2009. it will impose a 95% tax on bonuses paid to employees of tarp recipients. i urge my colleagues to co-sponsor this bill and to make certain that hardworking americans are not the only ones

0:14:29 to 0:14:50( Edit History Discussion )

John D. Dingell: who have to sacrifice during this time of severe economic stress and uncertainty. i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from illinois rise? mr. kirk: i rise to address the house for one minute and to revise and extend. the speaker pro tempore: without objection. mr. kirk: mr. speaker, last week the administration announced plans for veterans to

0:14:51 to 0:14:55( Edit History Discussion )

John D. Dingell: rely on private insurance company payments for the treatment of their war wounds.