[Congressional Record (Bound Edition), Volume 154 (2008), Part 16]
[House]
[Page 22900]
[From the U.S. Government Publishing Office, www.gpo.gov]




                 WE HAVE OTHER CHOICES THAN THIS CHOICE

  (Ms. FOXX asked and was given permission to address the House for 1 
minute and to revise and extend her remarks.)
  Ms. FOXX. Mr. Speaker, many people know the famous speech from Henry 
V called: ``We few, we happy few, we band of brothers.''
  So, with apologies to William Shakespeare, I want to say that I 
believe there will be a band of patriot Representatives here today and 
tomorrow who will resist being led into making an egregious mistake for 
this Nation. Neither September 28 nor 29 is a particularly significant 
day, but we will long remember what we do on these days. We face a 
challenge to our country and to our way of life if what has been told 
to us is presented on this floor for a vote, and I urge my colleagues 
not to be fooled by it.
  We will not be a happy few if we are presented a plan that takes $200 
billion to $700 billion from our taxpayers to try to solve a problem 
caused primarily by other Members of this body who simply do not 
understand fundamentally what has made this country great, but we will 
be right.
  The very people in both the House and Senate who helped create this 
problem, including the chairmen of the respective committees in the 
House and Senate, gave Fannie Mae and Freddie Mac the authority to 
abuse our system, and they are now crafting the bailout. They blame 
others, but there are hundreds of articles that suggest otherwise, 
including the one here from Calomiris and Wallison, which I submit for 
the Record.
  I urge my colleagues not to be swayed by this siren song that we have 
no choice but this choice. We have other choices, and the choice we 
make today will set the tone for our country and, perhaps, for the rest 
of the world for the foreseeable future.

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