mr. kagen: yes. mr. garamendi: are you telling us that the banks own more homes than the individual families? mr. kagen: the bags own more homes today than -- the banks own more homes today than individual banks do. those would be banks who have created these derivatives to somehow gin up the mortgage market to $63 trillion when it was down to $13 trillion. the banks own more homeness that people do but people need to be in -- homes than people do but people need to be in their own homes at a price they can afford to pay. secondly, executives on wall street are having incomes that are 300 times that of the worker on the factory floor. 300 to one. 25, 30 years ago it was 20 to 25 to one. now it's 300 to one. so things have been tilted in wall street's favor. again, whose side are you on? wall street or main street? third, these numbers are pretty frightening. mr. garamendi: if the gentleman would yield. the wall street reform act goes to the heart of both of those issues. there was significant reform of t

mr. kagen: well, mr. garamendi, i thank you for yielding briefly, but i am from the great state of wisconsin. mr. garamendi: wisconsin. mr. kagen: and i know that occasionally the state of california has dabbled in the dairy business and some way you got a moniker that says somehow your could you say are -- you can't be any happen -- cows are -- you can't be any happier than being from wisconsin. we are the dairy state. i remind my colleague each and every opportunity. let me tell it to you this way. if i heard my friend from california correctly, you said that today was an important day for taking a positive step forward. we saw our country on the brink of disaster. why? how did we get into that mess? there were two wars at the same time and the republicans didn't pay a dime for either one of them. two wars without paying a dime for it. there were two tax cuts to the very wealthy in the united states, didn't pay for that either. $400 billion handed over to big drug companies in medicare part d

mr. kagen: mr. speaker, let us never forget. never forget how we got into this economic mess. it was the losing republican ideas that brought forward an economic policy that drove our economy into the ditch, and now they want the keys to the car back. but after driving our economy into the ditch, we cannot allow that to happen. what did they deliver? two wars at the same time without paying a dime, a $00 billion handout to big drug companies, helping to ship our jobs overseas, an $8 trillion loss of wealth in our housing bubble as we crashed into a deep recession. we cannot allow them to have the keys to this car again. we're beginning to turn this economy around. we're rebuilding america. job by job, block by block and city by city. we need to work together in this but we can't go back to those failed and losing policies of the past. the speaker pro tempore: the gentleman yields back. for what purpose does the gentlelady from kansas rise? ms. jenkins: i ask unanimous consent to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: with

mr. kagen: i rise in support of this amendment and ask the question, whose side are these gentlemen on? the leader of iran was there with the leader of afghanistan, pne day after our secretary of defense, secretary gates was there. are these our friends? are these the people you are willing to invest $35 billion. human history has proved one thing in afghanistan. it's easy to get into afghanistan and very hard to get out. when you leave, they'll shoot you in the rearend. 40% of all money we are investing is being stolen. 100 al qaeda was there before we had the surge. this is our time to leave afghanistan with all honor and respect. to all who support our troops. the speaker pro tempore: the gentleman's time has expired.. who seeks recognition? the gentlelady -- gentlelady from california. ms. lee: i yield one minute to the the gentleman from florida, mr. grayson. the speaker pro tempore: the gentleman is recognized for one minute. mr. grayson: thank you. i speak tonight in support of peace. th

mr. kagen: i rise in support of this amendment and ask the question, whose side are these gentlemen on? the leader of iran was there with the leader of afghanistan, one day after our secretary of defense, secretary gates was there. are these our friends? are these the people you are willing to invest $35 billion. human history has proved one thing in afghanistan. it's easy to get into afghanistan and very hard to get out. when you leave, they'll shoot you in the rearend. 40% of all money we are investing is being stolen. 100 al qaeda was there before we had the surge. this is our time to leave afghanistan with all honor and respect. to all who support our troops. the speaker pro tempore: the gentleman's time has expired.. who seeks recognition? the gentlelady -- gentlelady from california. ms. lee: i yield one minute to the the gentleman from florida, mr. grayson. the speaker pro tempore: the gentleman is recognized for one minute. mr. grayson: thank you. i speak tonight in support of peace. th