House Proceeding 03-18-10 on Mar 18th, 2010 :: 0:03:50 to 0:05:00
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0:03:47 to 0:04:07( Edit History Discussion )

Glenn Thompson: joing my colleagues in doing so this week and i yield back the balance of my time. the speaker pro tempore: for what purpose does the gentleman from pennsylvania rise? >> request unanimous consent to address the house for one minute, revise and extend. the speaker pro tempore: without objection. the gentleman is recognized for one minute. mr. thompson: mr. speaker, competition used to be viewed a way to lower prices and improve

0:03:50 to 0:05:00( Edit History Discussion )
Speech By: Glenn Thompson

0:04:08 to 0:04:29( Edit History Discussion )

Glenn Thompson: services. a rental car company slogan was, we're number two, so we try harder. competition apparently is no longer a virtue under this administration. the health care bill seeks to put health care for americans in the hands of government bureaucrats but also seeks to put guaranteed student loans solely into the government's hands. unlike the car company i'm not sure the government can say that

0:04:30 to 0:04:50( Edit History Discussion )

Glenn Thompson: it ever tried harder, sought innovation or went out of its way to help a student. the loan program is administrated primarily by private companies today and under the proposed change, private lenders will be barred for making government-guaranteed loans. some 30,000 employees across the nation will lose their jobs. so much for worry being the nation's unemployment. choice in competition will die

0:04:51 to 0:05:01( Edit History Discussion )

Glenn Thompson: but the democrats say it will save money, about $87 billion. money they have already spent on pell grants and $9 billion diverted to pay for health care reform. instead of that savings, look