House Proceeding 09-29-08 on Sep 29th, 2008 :: 0:32:48 to 0:34:44
Total video length: 3 hours 5 minutes Stream Tools: Stream Overview | Edit Time

Note: MetaVid video transcripts may contain inaccuracies, help us build a more perfect archive

Views:562 Duration: 0:01:56 Discussion

Previous speech:

Next speech:

0:32:39 to 0:32:51( Edit History Discussion )

Lynn C. Woolsey: recognize the gentlewoman from california, ms. woolsey, for 2 1/2 minutes. the speaker pro tempore: the gentlewoman from california is recognized for two 2 1/2 minutes. ms. woolsey: thank you,

0:32:48 to 0:34:44( Edit History Discussion )
Speech By: Lynn C. Woolsey
Bill: H.R. 3997: Defenders of Freedom Tax Relief Act of 2007

0:32:51 to 0:33:04( Edit History Discussion )

Lynn C. Woolsey: madam speaker. th ank you, mr. chairman, for allowing time for the opposition. there are some major questions, madam speaker, to be answered about a bailout package that fails to fa address

0:33:04 to 0:33:17( Edit History Discussion )

Lynn C. Woolsey: the root cause of the financial crisis facg our nation. one that does little or nothing to secure the underlying problemin of mortgage foreclosure and economic suffering that hardworking

0:33:17 to 0:33:30( Edit History Discussion )

Lynn C. Woolsey: americans are facing every single day. question one, where is the comprehensive economic stimulus package that will assist 95% of the taxpayers? a package that includes unemployment benefits,

0:33:30 to 0:33:43( Edit History Discussion )

Lynn C. Woolsey: food stamps, fraps investment, and of course foreclosure relief. stability should come from the bottom up and econopmic stimulus package that will allow those in foreclosure to pay their mortgages

0:33:43 to 0:34:00( Edit History Discussion )

Lynn C. Woolsey: and stay in their homes, bringing valueng back to the mortgaged backed securities clogging the financial system. question number two, why isn't wall street paying for the mess they created?

0:34:00 to 0:34:16( Edit History Discussion )

Lynn C. Woolsey: by reinstating a one quarter of 1% surcharge on stock trades we can raise nearly $150 billion a year from those who have actually caused this mess and profited from it also. finally question number

0:34:16 to 0:34:30( Edit History Discussion )

Lynn C. Woolsey: three, with only three months left of th current administration, why are we willing to even make available $700 billion to this administration?ra president bush and secretary paulson have

0:34:30 to 0:34:38( Edit History Discussion )

Lynn C. Woolsey: been wrong from the start on just about everything. do you think they'll be responsible with this money? think again. i for one will be in opposition of this bailout with these major questions

0:34:35 to 0:34:40( Edit History Discussion )

Lynn C. Woolsey: unanswered. i yield back the balance of my time. the speaker pro tempore: the gentlewoman yields back her time. the gentleman from alabama is recognized. mr. bachus: madam speaker, i yield