mr. quigley for five minutes. >> thank you, mr. chairman. mr. ely, you said something that made me alter what i was originally going to ask. you said it might be better for the smaller countries to be forced out and just going through this adjustment period. are you assuming that they're going to get significant help before they're forced out, or are they just going to have to go through this painful adjustment process to get to that on their own? >> um, again, this is all highly speculative because we haven't had any exits in the euro before. my sense is that they would not get much help, but what the exiting would do would help in two regards. number one, it would probably lead to the kind of debt restructuring that josh was just talking about, but also it would enable them to, their currency would be more competitive, their export goods would be more competitive, you know, more attractive for tourism, that's particularly thought to be the case with greece. and i think that this would allow them to start to turn around their economies. the alt

mr. quigley. mr. quigley: i pledge allegiance to the flag of the united states of america and to the republic for which it stands, one nation, under god, indivisible, with liberty and justice for all. the speaker: without objection, the gentleman from arkansas, mr. womack, is recognized for one minute. mr. womack: thank you, mr. speaker. today it is my privilege to introduce the reverend roger schoolcraft of fayetteville, arkansas. rirched schoolcraft retired from the ministry in 2008 after nearly 40 years in the ministry serving congregations in iowa, nebraska and most recently northwest arkansas where he led st. john's lute ren church in fayette -- lutheran church in fayetteville, arkansas. he was called to the ministry in 1953 after accepting an invitation from a friend to attend a sunday school class at st. john's lutheran church in rochester, michigan. mr. speaker, reverend schoolcraft's service extend beyond the walls of the church. he served as campus pastor of the lutheran student center at the

mr. quigley, for five minutes. mr. quigley: thank you, madam speaker. madam speaker, in case you were wondering that noise you heard from above yesterday morning was an old third baseman clicking his heels. finally on monday morning, ron santa was inducted into the national baseball hall of fame. now, most people new ronnie as nine-time all star and five-time gold glove winner. one of the top hitters of his era and third baseman on top 10 list in every statistical category. and many people knew ronnie as the lovable voice of the chicago cubs with whom we cheered every home run, moaned every dropped fly ball, and last at life's most human moments in the booth, including a burning hair piece. but for many years on the field, people didn't know that while racking up 342 home runs, and hitting more than 1,300 r.b.i.'s, ronnie was struggling with diabetes. that's because ronnie accomplished all this from the roster not the disabled list. despite his physical struggles. ronnie wanted to be a great player not a great player under the circumstances. he fought h

mr. quigley for five minutes. >> you said something that does arisen going to ask. he said it might be better for the smaller countries to be forced out its. are you assuming that they are going to get some of the get he. are they going to go through this adjustmen process? >> this is highly speculative. >> my sense is that they would not get much help. it would probably lead to the debt restructuring that-joe was just talking about. it would enable them -- their currency would be more competitive. this is just an increasingly draconianusterity. it creates this problem. they go through the debt adjustment process. i think for some of these countries the only way they can do that is by leading the eurozone. >> if anyone else would like to time and that i want to understand why is standing alone would be good for them and what impact it might have on the united states. >> first is a background point out like to expand on. you are hearing political judgment here. you are hearing judgment as to whether the countries have the political will and capability to deal with th

mr. quigley: chicago lost a matriarch. we lost margaret corbett daley. she embodied the heart of our city and grace under fire even when her health was failing. her contribution to the arts and children, most notably through the after-school matters program, changed countless lives and will continue to do so for generations. when maggie was laid to rest this week, it wasn't just dignitaries who came to pay respects. thousands of regular chicagoans lined up for blocks in the rain to say goodbye. that's because maggie transcended politics and reminded us that nothing is more important than family and each other. she is, of course, survived by her best friend and husband, former mayor, richard m. daley, her loving children, grandchildren and friends. may she rest in peace and never be forgotten. thank you and i yield back. the speaker pro tempore: the gentleman yields back the balance of his time. for what purpose does the gentlelady from texas rise? >> to address the house for one minute. the speaker pro tempore: the gentlelady is recognized for one minute

mr. quigley for five minutes. >> you said something that does arisen going to ask. he said it might be better for the smaller countries to be forced out its. are you assuming that they are going to get some of the get help. are they going to go through this adjustment process? >> this is highly speculative. >> my sense is that they would not get much help. it would probably lead to the debt restructuring that-joe was just talking about. it would enable them -- their currency would be more competitive. this is just an increasingly draconian austerity. it creates this problem. they go through the debt adjustment process. i think for some of these countries the only way they can do that is by leading the eurozone. >> if anyone else would like to time and that i want to understand why is standing alone would be good for them and what impact it might have on the united states. >> first is a background point out like to expand on. you are hearing political judgment here. you are hearing judgment as to whether the countries have the political will and capability to deal wi

mr. quigley: as the international atomic energy agency reported, iraq could have -- iran could have a bomb in a year. we are out of time and have no choice but to enact the severest of sanctions to protect our ally, israel, our troops and the entire region. as the israeli prime minister warned, there is nothing to stop iran from exporting the bomb this bill will put in place debilitating sanctions on the central bank of iran which finances the nuclear program. the sanctions could deny those who do business with iran's central bank access to american markets. we are out of time and running out of options. this bill gives us more of both. i urbling my colleagues to pass h.r. 1905, cut off the central bank of iran and send a message that a nuclear iran is unacceptable. thank you and i yield back. the speaker pro tempore: for what purpose does the gentleman from florida rise? >> permission to address the house for one minute. the speaker pro tempore: the gentleman is recognized for one minute. >> mr. speaker, america is drowning in a sea of debt but instead of addressing our own financial prob