mr. kucinich, rise? mr. kucinich: i have an amendment at the desk. the clerk: amendment number 3 printed in part b of house report of 12-616 offered by mr. kucinich initch of ohio. the chair: the gentleman from ohio, mr. kucinich and a member opposed each will control five minutes and the chair recognizes the gentleman from ohio. mr. kucinich: thank you very much, mr. chairman. i offer a sensible amendment to improve this bill. my amendment exempts from the moratorium any significant regulatory action that is specifically aimed at limiting speculation in the oil markets. now, think of a gas pump this way. if you look at a gas pump, has that nozzle, it is actually a hold-up device. every time our constituents pull up to the pump and say fill it up, the oil companies are saying stick them up. that's what's happening. so do we really want to tell these speculators and -- in oil markets that we don't have any interests in stopping their speculations? do we really want this bill to do that? because when we do that, what we are doing is giving the oil comp

mr. kucinich: if the gentleman will yield? mr. dicks: i yield. mr. kucinich: i have confidence and the depood faith of the chairman and the -- good faith of the chairman and the ranking member. i know that you're both concerned about this. you said so now but i also know you demonstrated this in other -- at other times. what i would ask we can work together to look at the amount that's in the program right now, find a way to plus it up so we can make sure that people active duty and those that left active duty know about programs, have access to programs and have access to the kind of treatment that is necessary to cut down the number of sue sides. mr. dicks: i appreciate the gentleman's -- mr. kucinich: i -- in view of this colloquy, i will withdraw the amendment and, again, i thank -- i thank both gentlemen. the chair: is there objection? seeing none, the amendment is withdrawn. the gentleman from new york. for what purpose does he seek recognition? >> amendment at the desk. the chair: the clerk will designate the amendment. the clerk: amendment off

mr. kucinich. mr. kucinich: if i may will the gentleman yield? the chair: the gentleman yields back the balance of his time. is there any further discussion on this amendment? for what purpose does the gentleman from north carolina rise? i'm sorry. the question now is on the amendment offered by the gentleman from ohio. those in favor say aye. those opposed, no. in the opinion of the chair, the ayes have it. the ayes have it. the amendment is agreed to. the gentleman from north carolina. the gentleman has an amendment at the desk. the clerk will report the it. -- will report it. the clerk: amendment number 17 prted in the congressional record offered by mr. jones of north carolina. the chair: the gentleman from florida. mr. young: i reserve a point of order on the gentleman's amendment. the chair: the gentleman reserves a point of order. the gentleman from north carolina is recognized for five minutes. mr. jones: mr. speaker, thank you very much. even though the chairman has a point of order, i want to explain why i think this amendment is import

mr. kucinich: this is all about disclosure and accountability. you know, the fed's not some kind of hocus pocus black box operation. the fed essentially supplants the constitutional mandate in article 1, section 8, that belongs to the congress of the united states. let's look at some recent history here. 2008, subprime meltdown, collateralized debt obligation, go back for mortgage-backed securities. people losing their homes. the fed looked the other way. and we're saying, oh, don't go into the fed, it would be political. yes, it's political. we have unemployment because of politics. we have people losing their homes because of politics. we have banks getting uncalculated amounts of money from the federal reserve and we don't even know about it. meanwhile people can't get a loan to keep their home or keep their business. audit the fed, you bet we should audit the fed. it's time that congress stood for its constitutional role. article 1, section 8, power to create money. it's time we stood up for america's 99%. it's time that we stood up to the fe

mr. kucinich: i rise in support of the amendment. there is a news report out today that suggests that very soon, the united states will have over 1,000 bases of various kinds around the world. 1,000 bases around the world. and it raises the question as to whether or not we are overextending. as the budget keeps growing, the tendency is to keep overextending. we already know that our basic force is being taxed. so if you introduce the notion of fiscal discipline here that will not in any way undermine the air force, the army, the navy, but fiscal discipline that will send a message to this administration, don't go overextending. we know what our core mission is. we know that we have the ability to defend this country, be careful you don't overextend, this amendment which has bipartisan support is something that is an important moment for this house because on one hand, the budget that is being prepared to deal with the d.o.d. appropriations is sufficient enough for a strong defense and orned, we are saying -- on the other hand, we are

mr. kucinich: thank you, madam speaker. today i along with my colleague, bob hell in her, are offering an amendment -- kell in her, are offering an amendment to restore an overall loss of $10 million to research funding dedicated to finding a cure for gulf war illness. an illness that directly effects over 1/4 of veterans from the first gulf war. this amendment has the support of the veterans of foreign wars, it has the support of the vietnam veterans of america, and

mr. kucinich: this is all about disclosure and accountability. you know, the fed's not some kind of hocus pocus black box operation. the fed essentially supplants the constitutional mandate in article 1, section 8, that belongs to the congress of the united states. let's look at some recent history here. 2008, subprime meltdown, collateralized debt obligation, go back for mortgage-backed securities. people losing their homes. the fed looked the other way. and we're saying, oh, don't go into the fed, it would be political. yes, it's political. we have unemployment because of politics. we have people losing their homes because of politics. we have banks getting uncalculated amounts of money from the federal reserve and we don't even know about it. meanwhile people can't get a loan to keep their home or keep their business. audit the fed, you bet we should audit the fed. it's time that congress stood for its constitutional role. article 1, section 8, power to create money. it's time we stood up for america's 99%. it's time that we stood up to the fe

mr. kucinich: thank you, mr. cummings, mr. issa, members of the house. i read this bill and there's something about it that we really need to understand and that is that, you know, we just got through having a debate about the federal reserve and one of the reason the fed should be audited, they are not fulfilling their responsibility for bringing about employment in this country. now, this bill exempts the federal reserve. think about it. we're going to bring -- we say we want to bring unemployment down to 6%. the fed, if you look at the board of governors report, they basically jettison the whole idea of bringing unemployment down. right now they're establishing what i call a new threshold, the 5% to 6% unemployment. so if our friends are successful with this bill, we won't have jobs and we won't have regulations either. hello. i read the report. we ought to be investigating why has the fed stopped -- stepped back from its job creation, why are we exempting them from a bill that we are actual he taking the presser off them for job creation? now, look,

mr. kucinich: on a day the congress will decide to audit the fed, "the washington post" said the new york fed did not communicate in key meetings that british bank barclays had admitted that it was rigging to libor, the index which sets interest rates worldwide. the fed wants to be spared a full audit. they want monetary deliberations private. then they use that privacy shield to keep irregularities from regulators and from congressional review. of course the fed wants to continue a system where there's no transparency, no accountability, where they can cover up manipulations of markets and interest rates. should we endorse this system when things fall apart, who do the banks come to clean up the mess? congress. the fed creates trillions out of nothing and gives it to banks. congress is in the dark. the fed sets the stage for the subprime metdown. congress is in the dark. the fed doesn't tell regulators bheas going on. congress is in the dark. it's time to bring the fed into the sunshine of accountability. vote for the audit. the speaker pro tempore: the gentleman's time has expired. for