OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Free Market Principles Should Prevail

Date: Sept. 28, 2008
Location: Washington, DC
Issues: Finance and Banking


FREE MARKET PRINCIPLES SHOULD PREVAIL -- (House of Representatives - September 28, 2008)

Mr. WILSON of South Carolina. Mr. Speaker, while Congress debates how to address our economic crisis, I am grateful for those who are standing up for conservative free market principles--promoting limited government.

Surely, we owe it to the American taxpayer to consider what capital and market confidence could be garnered through private companies and investors before dipping our hand into the wallets of everyday American taxpayers. We need to look at options that will help Wall Street fix its own problems so Main Street doesn't have to foot the bill.

We need targeted and sensible oversight. It ensures that individual or corporate bad judgment and mishandling do not destabilize the entire economy.

I want to thank my colleagues Minority Leader John Boehner, Minority Whip Roy Blunt, Eric Cantor, Spencer Bachus, and Paul Ryan, who have played an integral role in the fight for a free market solution. I appreciate the innovative proposals of Congressman DARRELL ISSA of California.

In conclusion, God bless our troops, and we will never forget September the 11th.


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