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Congresswoman Barbara Lee Opposes Massive Bailout
September 29, 2008
Washington D.C.- Today Congresswoman Barbara Lee delivered the following statement on the House floor in opposition to the financial bailout bill considered today. The Congresswoman voted against the bill, which failed by a vote of 205-228....
“Home foreclosures are skyrocketing, and home values are plunging, banks are failing and we are still spending more than $10 billion every month on a war in Iraq that should never have been waged.
“So there is no question that we are confronting an economic and financial crisis.
“But I’m convinced that this bailout plan is not the solution to this mess....
More:
http://lee.house.gov/?sectionid=57§iontree=35,57&itemid=1422
“Home foreclosures are skyrocketing, and home values are plunging, banks are failing and we are still spending more than $10 billion every month on a war in Iraq that should never have been waged.
“So there is no question that we are confronting an economic and financial crisis.
“But I’m convinced that this bailout plan is not the solution to this mess....
More:
http://lee.house.gov/?sectionid=57§iontree=35,57&itemid=1422
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