[Congressional Record Volume 140, Number 28 (Tuesday, March 15, 1994)]
[House]
[Page H]
From the Congressional Record Online through the Government Printing Office [www.gpo.gov]


[Congressional Record: March 15, 1994]
From the Congressional Record Online via GPO Access [wais.access.gpo.gov]

 
                THE AMERICAN PEOPLE DESERVE SOME ANSWERS

  (Mr. ROTH asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. ROTH. Mr. Speaker, members of the Clinton administration and high 
officials in the Democratic National Committee all insist that there is 
no scandal. I beg to differ. The scandal is that 80 percent, 80 percent 
of the State chartered S&L's in Arkansas, failed. Could it be that 
there were some good old boys, regulators, who were asleep at the 
switch? I do not know the answer, but I do know that the American 
people deserve the answers, and I do know that the Arkansas State 
government did not pay a dime to bail out those institutions. Taxpayers 
from across the country from States like my own, from Wisconsin, did. 
The incredible mismanagement of Madison Guarantee cost the American 
taxpayers alone in that one S&L $60 million.
  Why, Mr. Speaker, if there is nothing to hide is there such a 
resistance to congressional hearings? The American people have 
legitimate questions about this administration, Mr. Speaker, and it is 
time that we got some straight answers for a change. Let us go on with 
the hearings. Let us clear the air so we can get on with our Nation's 
business. We have got a lot of issues to address, and we have got to be 
addressing those.
  President Nixon was not above the law. President Clinton cannot be 
above the law either. No American can be above the law.

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