House Proceeding on Mar 12th, 2009 :: 3:21:05 to 3:24:15
Total video length: 3 hours 27 minutes Stream Tools: Stream Overview | Edit Time

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

Views:121 Duration: 0:03:10 Discussion

Previous speech:

Next speech:

3:21:01 to 3:21:21( Edit History Discussion )

James L. Oberstar: those opposed, no. in the opinion of the chair, the ayes have it. mr. oberstar: before concluding the vote, i ask unanimous consent to proceed for two minutes equay divided on the democratic side and the republican side. the chair: is there any objection? mr. oberstar: for the purpose

3:21:05 to 3:24:15( Edit History Discussion )
Speech By: James L. Oberstar

3:21:22 to 3:21:44( Edit History Discussion )

James L. Oberstar: of offering a technical amendment to the amendment from the gentleman from ohio. the chair: is there any objection? without objection, so ordered. the gen two minutes. mr. oberstar: we have discovered during the consideration of the gentleman's amendment that

3:21:45 to 3:22:06( Edit History Discussion )

James L. Oberstar: could affect the technical phrasing of language in the the gentleman's amendment that could affect the underlying bill, and we have consulted proper phrasing of the language which is now being drafted. and while that language is being written, i would assure

3:22:07 to 3:22:28( Edit History Discussion )

James L. Oberstar: the distinguished gentleman, mr. broun, that we will work together in the appropriations process. we worked together in our committee on both sides of the aisle to incorporate views of both parties in shaping the bill we bring to the house today.

3:22:29 to 3:22:52( Edit History Discussion )

James L. Oberstar: and this will be one of many considerations reviewed by the budget committee and later when the real decisions are made by the appropriations committee. and i share the gentleman' concern. we are spending an enormous amount of money, madam chair, on this asset recovery plan

3:22:53 to 3:23:14( Edit History Discussion )

James L. Oberstar: that started way last august and september of 2008. door. we have no idea where some of that money has gone. it's supposed to stabilize the domestic and international financial structure. and maybe it has done that. but the increasing demands to

3:23:15 to 3:23:35( Edit History Discussion )

James L. Oberstar: support this bank and that bank and this insurance agency and that and now to an international global financial meltdown, the gentleman's right. we have to take stock and balance our equities. but we also have to get this

3:23:36 to 3:23:58( Edit History Discussion )

James L. Oberstar: economy moving. we have to put people to work. when people have a job and have incomes and we're paying people to work and not paying them for not working with unemployment compensation then maybe we can get this economy back on track and get people consuming and

3:23:59 to 3:24:16( Edit History Discussion )

James L. Oberstar: start the flow of capital. now, madam chair, i ask unanimous consent to modify the amendment of the gentleman from ohio, the driehaus amendment inadvertently struck a