[Congressional Record (Bound Edition), Volume 154 (2008), Part 17]
[House]
[Page 23890]
[From the U.S. Government Publishing Office, www.gpo.gov]




                          OUR JOB IS NOT DONE

  (Mr. WILSON of South Carolina asked and was given permission to 
address the House for 1 minute and to revise and extend his remarks.)
  Mr. WILSON of South Carolina. Madam Speaker, today we vote on a piece 
of legislation that is an imperfect option and a terrible situation. 
But I hope Congress does not fail the American people by saying that 
this bill has solved the whole problem, because it has not.
  The bad lending practices, mishandling by financial firms and failed 
oversight by the Federal Government over decades are not addressed 
today. But we better step forward and address them as soon as possible.
  As a former real estate attorney for 25 years, I know firsthand that 
making home loans to individuals less than creditworthy can be 
destructive for those individuals and for this country. Government 
should not be telling banks that it is possible for them to make bad 
loans because the government will back them up.
  Our job is not done today. Going forward, Congress has an obligation 
to face and fix the roots of this crisis, reducing government control.
  In conclusion, God bless our troops, and we will never forget 
September 11th. God bless Governor Sarah Palin for her service for 
America.

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