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Emergency Economic Stabilization Act of 2008

Floor Speech

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Location: Washington, DC


EMERGENCY ECONOMIC STABILIZATION ACT OF 2008 -- (House of Representatives - October 03, 2008)

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Mr. MARSHALL. Thank you, Mr. Chairman. As I sit here listening to this, I realize that those watching must be very confused. It's a very difficult subject. It's very difficult to figure out what the right thing to do is. As far is I can tell, it's quite clear what the right thing to do is, and that is pass this bill, with all its imperfections, to address an underlying problem with our credit markets, which will have damaging long-term effects on our real economy, on jobs, on savings, on the dreams of Americans.

But what Americans need to understand is that we are going to get through this. With all the argument, the fussing, the fighting, we are going to get through this. This country is going to be a better country 5 years from now, 10 years from now, than it is today. It should be proud. It should keep its head up. It should be confident.

All of those who are in the lending industry, the banking industry, should be confident in the future of America, and comfortable with the idea that we need to just get back on track quickly for the sake of all Americans so that we can be the strong country that America deserves to be in the future.

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