[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 5942]
[From the U.S. Government Publishing Office, www.gpo.gov]




                      FINANCIAL REGULATORY REFORM

  (Mr. BUTTERFIELD asked and was given permission to address the House 
for 1 minute.)
  Mr. BUTTERFIELD. Mr. Speaker, when I recently visited a restaurant in 
my rural district, a gentleman approached me to say that he was a 
Republican and had never voted for a Democrat, but he voted for 
President Obama. He stated his appreciation that the President was 
standing up to greed, that he was standing up to Wall Street and 
corporate America. He felt that corporate greed is among the greatest 
challenges facing our Nation, and he is absolutely correct.
  The first day President Obama took office, the country was at the 
brink of economic ruin triggered by financial deregulation and banks 
that pursued reckless investments to produce quick profits. Wall Street 
was acting more like casinos than banks, taking big gambles, and when 
they lost, forcing the taxpayers to pay. They got rich, everyone else 
got squeezed.
  Democrats have a solution. Wall Street doesn't like it, but we have a 
solution. We want transparency, we want accountability, and we will not 
stop until that happens.

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