House Proceeding on Jan 15th, 2009 :: 0:04:05 to 0:06:20
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0:04:01 to 0:04:21( Edit History Discussion )

Gus Bilirakis: objection to that. do i need to yield? the speaker pro tempore: without objection, the gentleman is recognized. mr. dreier: the gentleman may ntinue your statement. mr. mcgorn: will don't i reserve? mr. dreier: brilliant idea. at this ti, mr. speaker, i

0:04:05 to 0:06:20( Edit History Discussion )
Speech By: Gus Bilirakis

0:04:22 to 0:04:42( Edit History Discussion )

Gus Bilirakis: would be very, very happy to yield two minutes to my friend from palm harbor, florida, mr. birakis. the speaker pro tempore: the gentleman from florida is recognized for two minutes. mr. bilirakis: thank you, mr. speaker. i thank the gentleman for yielding. i rise in opposition to this restrictive rule. the last congress approved

0:04:43 to 0:05:03( Edit History Discussion )

Gus Bilirakis: transferring 50 billion of this nation's wealth to wall street with little transparency, less accountability and worse of all with no real effect on our failing economy. many of our constituents are opposed to the use of the money to bail out wall street. some of them arso angry at congress they no longer trust anyone in government.

0:05:04 to 0:05:24( Edit History Discussion )

Gus Bilirakis: i submitted an amendment to the rules committee that would have required institutions receiving bailout funds to disclose the compensation of their highest paid executives and directed the treasury department to maintain its srchable database of that information. unfortunately, my amendment was made out of order.

0:05:25 to 0:05:46( Edit History Discussion )

Gus Bilirakis: this congress is entrusting 00 billion of taxpayers' moneys to executives on wall street. and yet congress won't even require those same executives to disclose what they are paying themselves. i believe we need this information to help us make informed decisions about the use of taxpayers' money to help

0:05:47 to 0:06:08( Edit History Discussion )

Gus Bilirakis: the people and companies that greatly contribute to our current economic crisis. our constituents deserve to know how those to whom we have given their money are using it. if congress fails to insist on at least the most basic mechanisms of transparency while handing billions to wall street who will have victimized

0:06:09 to 0:06:21( Edit History Discussion )

Gus Bilirakis: the american people and done irreparable harm to the reputation of this institution. i hope in the future the majority heeds our incoming president's call for