[Congressional Record (Bound Edition), Volume 156 (2010), Part 5]
[House]
[Page 6385]
[From the U.S. Government Publishing Office, www.gpo.gov]




             WALL STREET REFORM AND CONSUMER PROTECTION ACT

  (Ms. JACKSON LEE of Texas asked and was given permission to address 
the House for 1 minute.)
  Ms. JACKSON LEE of Texas. The Republicans always want to dwell on 
distractions, but I believe that the American people are waiting for 
the health care reform bill to be implemented--and that it will. And it 
will save lives. But why are the Republicans standing on the side of 
big business and big companies too big to fail? Now we need the Wall 
Street Reform and Consumer Protection Act to be able to respond to 
America's cry for honesty and integrity on Wall Street.
  Right now, one of the biggest Wall Street casinos, Goldman Sachs, is 
testifying. And I don't know whether they can find the facts to be able 
to defend atrocious acts causing millions of Americans to lose money. I 
personally know of a small business that they literally destroyed 
because they were unwilling to look at ways of allowing that business 
to survive. And so the $14 million of net worth loss, $22 million 
decline in net worth, and 2.2 million in homes lost is because of the 
lack of integrity on Wall Street.
  Pass the legislation that will end bailouts; protect families' 
retirement funds; college savings; homes and businesses; protect 
consumers; and, yes, inject transparency. Goldman Sachs, what is your 
answer to the question?

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