[Congressional Record (Bound Edition), Volume 154 (2008), Part 15]
[House]
[Page 20191]
[From the U.S. Government Publishing Office, www.gpo.gov]




``WALL STREET DRUNK''--MR. PRESIDENT, YOU GAVE THEM LIQUOR CABINET KEYS

  (Mr. DOGGETT asked and was given permission to address the House for 
1 minute.)
  Mr. DOGGETT. Mr. Speaker, a few months ago, President Bush accurately 
diagnosed the problem he just dumped in the lap of Congress: ``Wall 
Street got drunk, and now it's got a hangover,'' he said.
  Mr. President, you gave them the keys to the liquor cabinet by 
failing to enforce our laws, and now you are really demanding that 
Americans who didn't get invited to the party must pay for everything 
destroyed in the drunken brawl.
  These late-night negotiators have not asked the President, ``where do 
we find $700 billion?'' It is time to demand that the bailout 
supporters outline the revenue measures necessary to pay for it, and 
the place to begin is with those who enriched themselves as Republicans 
removed the cop from the corporate beat.
  We need an alternative to just raising the credit card limit, an 
alternative to more irresponsible borrow-and-spend policies from a 
President who has borrowed more from foreigners than all previous 
presidents in American history put together, and who seems determined 
to continue to mortgage America's future.

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