Senate Proceeding on Sep 26th, 2008 :: 0:09:11 to 0:15:57
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0:09:11 to 0:09:51( Edit History Discussion )

Charles Schumer: good compromise that was a basis to take to secretary paulson. it did far more for taxpayers, for homeowners, for oversight than the existing bill. unfortunately, however, we needed a four-legged stool

0:09:11 to 0:15:57( Edit History Discussion )
Speech By: Charles Schumer

0:12:35 to 0:12:48( Edit History Discussion )

Charles Schumer: and one leg just vanished, the house republicans, in a way that none of us still understand. in addition senator mccain's desire, even though he hadn't been involved in this legislation at all,

0:12:48 to 0:12:57( Edit History Discussion )

Charles Schumer: to fly in, put another fly in the ointment an created more trouble. senator -- and created more trouble. senator mccain, i haven't heard him offer one constructive remark. we don't know what he supports.

0:12:57 to 0:13:10( Edit History Discussion )

Charles Schumer: does he support the how's plan? does he support the president's an. by all reports he hardly spoke at the meeting, wch was his opportunity to try to do something. he spoke at the end and didn't say what

0:13:10 to 0:13:25( Edit History Discussion )

Charles Schumer: his views whereas to whether he supported each plan. and so we really need two things, mr. president, on the republican side. and we need president bush to take leadership. we need president bush, first

0:13:25 to 0:13:47( Edit History Discussion )

Charles Schumer: and foremost, tpo get the republican house members to support his plan or modify it in some way to bring them on board, yet keep the democratic house members, the republican members of the senate and

0:13:47 to 0:14:03( Edit History Discussion )

Charles Schumer: the democratic members of the senate on board. and, second, we need the president to respectfully tell senator mccain to get out of town. he's not helping. he is harming. when you inject presidential

0:14:03 to 0:14:16( Edit History Discussion )

Charles Schumer: politics into some of the most difficult negotiations under normal circumstances, it is fraught with difficulty. before mccain made his announcement, we were making great progress. now after his announcement,

0:14:16 to 0:14:39( Edit History Discussion )

Charles Schumer: we are behind the 8 ball. we have to put things back together again. so this is a plea to president bush, for the sake of america, please get your party in line. get the house republicans to be more constructive,

0:14:39 to 0:14:55( Edit History Discussion )

Charles Schumer: get senator mccain to leave town and not throw fire on these flames. and maybe we can get something done. in fact, not maybe. we have no choice but to get something done. so, again, to reiterate my

0:14:55 to 0:15:08( Edit History Discussion )

Charles Schumer: three points: one, first, we will work until we have a product. the perilous state of our financial markets and our national economy, the danger to average americans now unforeseen but real and lurking

0:15:08 to 0:15:25( Edit History Discussion )

Charles Schumer: behind the shadows says we can do nothing else. two, we will continue to work for a better plan than the one the president proposed, with protection for taxpayers, homeowners, and real oversight. and, three,

0:15:25 to 0:15:41( Edit History Discussion )

Charles Schumer: the president must get his republican house in order by getting the house republicans in line andsking senator mccain respectfully to leave town, because without republican cooperation we cannot

0:15:41 to 0:15:57( Edit History Discussion )

Charles Schumer: pass this bill. i yield the floor. mr. durbin: mr. president? the presiding officer: the assistant majority leader is recognized. mr. durbin: i know there is an order for senator harkin to speak

0:15:57 to 0:16:10( Edit History Discussion )

Richard Durbin: next, and he's in the cloakroom. i told him i would speak for a moment until he's prepared to come to the floor. so i ask consent to speak next in the democratic order. the presiding officer: without

0:15:57 to 0:22:19( Edit History Discussion )
Speech By: Richard Durbin