5456 CONGRESSIONAL RECORD-HOUSE March 18, 1994 HOUSE OF REPRESENTATIVES-Friday, March 18, 1994

The House met at 11 a.m. and was Mr. BONIOR. Mr. Speaker, last night I can just see the next scenario, Mr. called to order by the Speaker pro tem­ the Judiciary Committee completed Speaker. We will not have time for pore [Mr. MON'!'GOMERY]. action on the crime legislation and is health care because of Whitewater, be­ expected to file their bill sometime cause we must examine Whitewater. DESIGNATION OF SPEAKER PRO today. With that in mind, the Rules We will not have time for the crime TEMPORE Committee is planning on meeting dur­ bill because we must examine ing the week of March 21 on the crime Whitewater. The SPEAKER pro tempore laid be­ legislation. Mr. Speaker, let us get on with the fore the House the following commu­ In order to provide for an orderly issues that the American people sent nication from the Speaker: process in the consideration of this us to deal with: crime, education, defi­ WASHINGTON, DC, matter, the Rules Committee is re­ cit reduction, and health care. Let us March 18, 1994. questing that Members submit 55 cop­ put these nonissues aside. Let the spe­ I hereby designate the Honorable G.V. ies of their amendments to the bill, to­ cial counsel do his job. (SONNY) MONTGOMERY to act as Speaker pro tern pore on this day. gether with a brief explanation of the THOMAS S. FOLEY, amendment, to the Rules Committee UPCOMING SPEECHES ON CLINTON Speaker of the House of Representatives. office at H-312, the Capitol, by 12 p.m., ADMINISTRATION Tuesday, March 22. This is very important for Members (Mr. DORNAN asked and was given PRAYER to understand. We are preannouncing permission to address the House for 1 minute.) The Chaplain, Rev. James David that amendments to the crime bill, Mr. DORNAN. Mr. Speaker, I would Ford, D.D., offered the following which is expected to be reported out of like to tell my good friend, the gen­ prayer: the Judiciary Committee today, shall tleman from New Mexico [Mr. RICHARD­ We specially pray this day, O gra­ be submitted to the Rules Committee cious God, for those who serve in Gov­ SON], while he is here, and my pal, the in H-312 of the Capitol by noon on gentleman from Michigan [Mr. ernment and to whom great respon­ Tuesday, March 22. sibility has been given. We admit that Copies of the text of the bill will be BONIOR], that we are running a com­ we see the motions of history in our available at the Judiciary Committee puter check on all of the speeches that own way and we differ on the solutions and at the Office of Legislative Counsel you made against Bush in his last 2 available. Yet, O God, we live as one later today. In considering the submit­ years, all of your excellent speeches on people and are bound together for bet­ ted amendments, the Rules Committee why we should investigate the inane ter or for worse and we share together will understand if the amendments are October surprise, all of your speeches the bounty and the gifts by which we not drafted in proper form due to the on why we should investigate all of the all have been blessed! So as one people lack of availability of the reported bill. S&L's. And I will tell you the truth, as who live in one land we pray for all Again, the committee would urge a worthy adversary and a good man on Members to submit any amendments to human rights which I know you are, I those in Government who serve the did not object to any of them. people of the Nation that they will be the Rules Committee at the earliest I do not think I am a masochist. But moved by Your good spirit to do the possible time but in no case later than I was terribly hurt as a young man works of justice and of mercy, this day 12 p.m. on Tuesday, March 22. The when Nixon went down. But he de­ and everyday. Amen. Rules Committee will circulate a served to go down. People died in "Dear Colleague" later today that will Southeast Asia because he mishandled THE JOURNAL further explain this process. the scandal. So Members are apprised that this Watch my special orders, dozens of The SPEAKER pro tempore. The legislation is expected to be taken up Chair has examined the Journal of the them over the next few months. next week, and if Members are inter­ Let me say it roughly. Bill Clinton is last day's proceedings and announces ested in the amendment process and to the House his approval thereof. an illegitimate President because of have amendments made in order, they the constant abuse of truth during the Pursuant to clause 1, rule I, the Jour­ will have the chance to submit for con­ nal stands approved. whole campaign, and I am going to out­ sideration those amendments to the line today maybe eight issues where if Rules Committee. ·we knew then what we know now, he PLEDGE OF ALLEGIANCE would have been driven out of the pri­ The SPEAKER pro tempore. The LET THE SPECIAL PROSECUTOR mary process. Chair calls on the gentleman from DO HIS JOB So, hang on. Someday we will have California [Mr. FILNER], to lead the an Oxford debate on it. And you are a (Mr. RICHARDSON asked and was good man, BILL. House in the Pledge of Allegiance. given permission to address the House Mr. FILNER led the Pledge of Alle­ for 1 minute.) giance as follows: Mr. RICHARDSON. Mr. Speaker, THE ONE-SIDED U.N. RESOLUTION I pledge allegiance to the Flag of the what will come next on this nonissue DIVIDING JERUSALEM United States of America, and to the Repub­ lic for which it stands, one nation under God, called Whitewater? First, the Repub­ (Mr. SCHUMER asked and was given indivisible, with liberty and justice for all. licans wanted a special counsel and permission to address the House for 1 they got it. Now the Republicans want minute.) congressional hearings, even though Mr. SCHUMER. Mr. Speaker, I want­ ANNOUNCEMENT REGARDING SUB­ this special counsel said it would inter­ ed to talk about the U.N. Resolution MISSION OF AMENDMENTS TO fere with their investigation. Yet they that is coming before us today just for CRIME LEGISLATION appear to be getting these congres­ 1 minute, and that is, as we all know, (Mr. BONIOR asked and was given sional hearings. What is next? Will for more than 2,000 years Jerusalem permission to revise and extend his re­ they want President and Mrs. Clinton has been the focal point of Jewish reli­ marks.) to testify? gious devotion.

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March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5457 Yet, in a matter of hours, the U.N. of problems in the way it is measured. find a job, and that is not only morally Security Council may begin the process It could have been less than 2 percent wrong, it is criminally wrong and inde­ of turning back the clock, dividing the as far as rise in prices was concerned. fensible. Holy City, returning it to the days Did the Fed raise interest rates be­ The Irish, I will repeat, have an old when Arabs barred Jews from entering cause our economy is too healthy and saying that "It is easy to sleep on an­ and praying at the holy sites. needs to be tamed, or as they put it, other man's wounds," and those of us The massacre in Hebron was a ter­ overheated, the old-fashioned remedy who have been fortunate enough to ac­ rible massacre. It has been condemned of bleeding the patient a little bit? Ab­ quire a very strong definition of afflu­ by the Israeli Government and every­ solutely not. ence, safe, decent housing, com­ body else. D 1110 fortable, sufficient food to feed one's When the PLO, parts of the PLO, and self and family, clothing. Those are the other Arab terrorists massacred Jews, The unemployment rate during the essences, no matter where human and over 33 have been killed since the officially designated recession, from beings exist on this globe, food, shelter, signing of the agreement at the White the peak of the recovery in July 1990 to clothing. House, there has been silence. the official low point, the so-called Unfortunately, our national policy­ This U.N. Resolution is one-sided, trough, in March 1991, rose to 6.8 per­ making body, the Congress, has been and this U.N. resolution does not take cent, and that does not include those an accomplice and coconspirator with cognizance of the fact that under Is­ that disappeared from the unemploy­ some recent administrations and lead­ raeli rule in Jerusalem, the holy sites ment rolls because they exhausted the ers who have turned their back on have been available to everybody, all period of unemployment compensation. those commitments. the religions; whereas, when the Arabs They still did not find jobs, but they So here we are now with this entity controlled Jerusalem, no Jew could go are not listed any longer. that, through accretion and neglect on to his or her holy site. So that 6.8 percent is a faulty statis­ the part of the Congress that created I am very disappointed that the ad­ tic. It would be considerably more. it, known as the Federal Reserve ministration will not veto this resolu­ The unemployment rate is still, for Board, and through actual usurpation tion. It is the kind of one-sided resolu­ our country, an abomination. There is and grasping of power which always tion that we though this administra­ nothing worse that can happen to a happens in human existence, has arro­ tion would oppose, and yet it is going human being anywhere, and I would gated to itself this awesome power of forward. It is one-sided in that it does say particularly in America, than to determining the standard of living, em­ not mention the slaying of Jews by find himself victimized by the feeling ployment or unemployment of Ameri­ Arab terrorists which has been going that eventually overwhelms him or her cans, whether it is possible for a family on for much longer, and it is one-sided that he is not useful, that there is no desiring a safe, decent home can afford in that it calls Jerusalem occupied ter­ useful, productive slot in his society to have one. These are decisions that ritory. for him. That is destroying more of our are now made by this entity we call the Shame on the administration. Shame human moral fiber in our country than Federal Reserve Board. on the United Nations for not opposing anything else. After the so-called recession ended, this resolution. I can recall when those of us in the though actually that is relative, even Congress, and before I came to the Con­ now recently when you had economists gress particularly, would have been announcing that not only had the re­ SPECIAL ORDERS alarmed at anything approaching 4 per­ cession ended, but you had an upturn, The SPEAKER pro tempore. Under cent unemployment. You would have you had recovery is the word they use; the Speaker's announced policy of Feb­ had tremendous reaction in the halls of they all have to admit that if it is, it ruary 11, 1994, and under a previous the Congress. Not anymore. And that is is a jobless recovery, because each order of the House, the following Mem­ a shame. week tens of thousands of workers, and bers will be recognized for 5 minutes Because to translate a statistic, a this time mostly white-collar workers, each. cold statistic, in terms of human are being let out by the giant corpora­ beings requires that our system be ful­ tions in our country. filling its purpose, and that translates So the pro bl em is here and it is THE FEDERAL RESERVE SYSTEM to us who would indulge in the conceit hagriding our country. The SPEAKER pro tempore. Under of concealing that we could ever After the point in June 1992 in which the Speaker's announced policy of Feb­ achieve, and we can only attempt to, segments announced the unemploy­ ruary 11, 1994, the gentlemen from but never really achieve of being in the ment rate of 7.7 percent and 9.8 million Texas [Mr. GONZALEZ] is recognized for full sense of representative of every American workers were trying to ob­ 60 minutes as the majority leader's des­ one of the segments of our commu­ tain employment and were counted as ignee. nities. you can make an effort, but we unemployed, today there is still, even Mr. GONZALEZ. Mr. Speaker, since are human. We have difficulties. We by these faulty estimates, better than February 4, 1994, when the Federal Re­ have weaknesses. 8.5 million in that definition. They are serve raised rates, and thereby fueled Therefore, no matter how well en­ officially counted as unemployed under the belief that this was only a first dowed we are, it is a constant chal­ the new jiggery pokery of the revised step, pervasive uncertainty has under­ lenge. But our system is predicated on statistics. mined world bond markets and interest representative government based on In many parts of the country and rates in the United States have risen the rule of majority will with built-in throughout the depressed areas of our across the board. There is now the very safeguards now constitutional. cities, this is a devastating and cruel real threat that Fed policy will bring Even during the colonial times, these occurrence. our weak recovery from the 1990 reces­ protections were engrafted to protect I would like to introduce a graph into sion to an end, and millions of Ameri­ the minority from an oppressive major­ the RECORD that shows the unemploy­ cans will suffer the consequences as ity, and now we have these protections ment rate and the number of unem­ tens of thousands have already. embodied in the basic and fundamental ployed from the 1950's to the present. Why did the Fed adopt this policy? law of our land. You will be shocked to learn that none Was it because there was an increased But when we translate the perversity of the previous six economic recoveries inflation in the United States as they of our situation in America, where we since the 1950's have been as slow as said they feared? Absolutely not. Even have millions of our citizens who in our current recovery, and this I have Federal Reserve Chairman Alan Green­ other days would have been called mentioned as far back as over 20 years span admits that the 2.7-percent infla­ peasants or serfs, today are wage serfs, ago here to my colleagues in this ritual tion last year was overstated because and not even that, because they cannot and privilege we call special orders, 5458 CONGRESSIONAL RECORD-HOUSE March 18, 1994 pointing out, in fact, since the 1960's entific mind that I have ever known­ drop until June 1992, like Dr. Keyser­ and 1970's, that we had turned the cor­ and I was pleased to make his friend­ ling had been predicting all along. Fi­ ner as far as America's productivity. ship before I even came to the Con­ nally, he said it will reach a point 0 1120 gress- that was Dr. Leon Keyserling. where it just does not bottom out. He was the one who authored the Na­ But in June 1992, roughly 15 months I read statistics that, as best I can tional Housing Act of 1947. He was part after it was specifically admitted that remember, showed that as late as the of Franklin Roosevelt's sort of sub­ there was a recession-and let me tell early 1950's, certainly the late 1940's, level brain trusters. He had a hand in you that in 1990, October, I called a the United States, our country, was the first Social Security Act of 1935-37, hearing of our Committee on Banking, producing close to 80 percent of the and the first Housing Act of 1937. But Finance and Urban Affairs because the total world's needs. By the middle he actually wrote the 1947 Basic Hous­ Secretary of State, Mr. Baker, an­ 1960's that had shrunk to less than half ing Act. I was privileged to know him nounced that the real purpose of the of that, and today it is not even 17 per­ because of my long and sustained inter­ buildup in the Persian Gulf-and re­ cent. est and commitment to the question of member, we were engaged in the build­ This was almost imperceptible. Oh, housing or shelter and community de­ u~this was right before the November there were some of us talking about it velopment. 9, 1990, announcement by the President and saying, "This means we have got Many a day he would point out to me that he was going to double the size of to sit down and have vision and think and would graph out, he would say: the projected expeditionary force. in terms of long-range consequences Every time we proceed into the future, and what we will do." since there has been no long-range planning 0 1130 There were parallel occurrences when on the national level since President Frank­ Secretary Baker said, " We're asked I came to the Congress 32 years ago lin Roosevelt, you will see that every time why. What is our commitment? What is that were happening in Europe. Their you have a recession, it is going to dip a lit­ our involvement?" desire toward unification, which they tle bit deeper, take a little bit longer to pla­ And I will tell my colleagues what it had the vision to plan. The blueprint teau. is in one word: jobs, jobs, economics. they had since the late 1940's, not too Well, before he died, which was the Well, I felt that our committee had long after the war, and they have been last and most grave Depression, right jurisdiction on credit allocation and very faithful in following that blue­ on the eve of the Reagan first term­ the like. We called a hearing, and, lo print. and we must remember that the United and behold, Chairman Greenspan ac­ As developments occurred in 1985, States was a creditor nation, and was a cepted the invitation to come and tes­ May 1, when they had the economic creditor nation since 191~but on Sep­ tify, and he did. I can provide to any­ summit in Bonn, Germany, President tember 16, 1985, we declared ourselves a one who wants one a record of the Reagan was President. I then took to debtor nation and are today the great­ hearings where Mr. Greenspan said: the floor to announce-and it was the est debtor nation in the world. The Well, officially I can't say that we can de­ only time that you had the full com­ transfer or the fulcrum or the pen­ fine it as a recession, not officially. However munique of that economic summit dulum of financial power then gravi­ all these disturbing factors, high rate of un­ printed anywhere; now, it was in the tated out of New York, and it is nest­ employment, that have been endemic at European press, but I mean the Amer­ ling in Tokyo. least since the middle of the summer, point ican press-the last sentence was the The Japanese have not really been to a very serious end * * * one that I emphasized, had implica­ producing and introducing automobiles I would say that 70 percent of the tions of awesome importance. The last into the American economy anymore, present adverse impact on our economy sentence of that communique said, they use their money. Just up until not is due to this diversion of resources for "And we agree in principle to the de­ too long ago, they had about 35 percent this buildup. velopment of European monetary sys­ ownership of our treasury, of our debt. Well, we were censored; that is, there tem, the EMS, and the European cur­ That is a powerful, powerful fulcrum. was no coverage of that hearing. If rency unit, the ecu.'' As far as assets, direct asset ownership there were reporters, they did not re­ All of that has been in place now, and or indirect asset ownership, actually port what Chairman Greenspan said, certainly that announcement in 1985 the British have more than 2 times and ordinarily anytime Chairman meant that with the common currency what the Japanese have in America­ Greenspan appears anywhere they have unit, which at this point the ecu is but you do not hear about that. And all everything from TV cameras to Associ­ worth a little better than $1.30, and all of that has its implications. ated Press and everything else. But the of your transactions are quoted-look That is the reason that I have been record is there. at all of the financial advertisements troubled and have taken the time to It was after that that it was admitted in Europe-you will see they are not announce to my colleagues, because I that one could say there was a reces­ quoted in dollars any longer, they are feel it is my responsibility. I sit on the sion so that clearly the economy is in ecus. And I have mentioned the great committee and have done so for 32 very deep trouble. danger. years, since I came here, and therefore Now there can only be one reason But where is this great organization I am charged with knowledge. I concur why the Federal Reserve Board would that was created to function as the with the great French thinker and train or target its guns on its own citi­ equivalent of our central bank, the hero, the great philosopher and writer zens. The officials at the Federal Re­ Federal Reserve Board? Where is our who died in the First World War, serve worship at the shrine known as leadership in the executive branch Charles Peguy. zero inflation, and they intend to keep through the Department of the Treas­ He said in one of his writings, " He working toward this dream regardless ury in anticipating and warding off the who does not bellow the truth when he of consequences. possibility that the dollar can be re­ knows the truth makes himself an ac­ In the elections last year in Canada placed as the international currency complice with liars and forgers." And I the incumbents and the equivalent of unit? agree with that. our Treasury Secretary were insisting I have gone into that before, my col­ Now, of course, that makes some peo­ on zero inflation. The voters came in, leagues, so I will not take your time ple and some powerful forces quite and, to the astonishment of everybody this afternoon but would like to refer upset. Too bad. That has always been else, just threw the whole kit and ca­ you to the special order before last, if the case, all through history. boodle out. you are interested. Since World War II, the unemploy­ So, here we are in the United States We predicted, thanks to a great, ment rate began dropping within 2 now prostrate before the sacred Golden great American and a most brilliant months of the recession. However, this Calf. They are tightening the money economist and economic mind, and sci- time unemployment did not begin to supply to counter an inflation that - ,- .. ---...... - ·~ ' __, . . ,_, ~ - . . -

March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5459 does not exist, or at least it is not is nothing we in the Congress can real­ I repeat, no one sovereign nation can targeting where the real goals should ly do directly. This has to be done control it. We can pass laws to control be targeted, and that is the cost of liv­ through the agencies we have, the it here, but that does not mean that it ing of our citizens as I have said end­ monetary setting board, the central is controlled. It is going to take a con­ lessly. banks, so called, which we call the Fed­ cert of nations. Where has inflation been controlled? eral Reserve Board, and, instead of the Now, the Bundesbank of. Germany is They boasted that they have controlled Federal Reserve hunkering down to very disturbed. They have tried to con­ it. One economist finally said, "Well, protect this largesse of power, they are trol the gambling on t heir currency. business inflation has been controlled," overlooking what is happening now And they are trying to get a concert of but, my colleagues, few among our con­ worldwide which will define, no matter nations. stituents who are dependent on a wage what the Fed does, their ability to even Now, the European Parliament under and who go to the grocery store to do control interest rates, and I have been the leadership of the Frenchman their shopping-ask them if they are saying that since 1985. We no longer Delors, who was one of the architects paying less for groceries today than have control over those external forces, of bringing about the European Com­ they were 10 years ago, and the answer and no matter what we do domestically munity, had a committee-I obtained a is obviously they are not. Ask them if it will impact us overwhelmingly un­ copy of their committee recommenda­ their rent is less or more. Ask them if less we, the United States, exert lead­ tions last December-and that is what they are paying more or less for utili­ ership in a concert of nations, as we did they are recommending, that you have ties: light, gas, water, which are the es­ with the great leaders that had plans to do something. sentials of today. My colleagues will and visions, Franklin Roosevelt being The Bank for International Settle­ find that it just is not happening. really the last one, and I have sug­ ment, which is a mysterious entity, But in the meanwhile the wages are gested that. but it is where the power is. The BIS is reduced. As of 3 years ago I announced They are totally unaware, or appar­ really the central bankers' bank, and it to my colleagues that over 70 percent ently unaware, of this huge overbuild controls everything. of our families at the end of the month worldwide even as I am speaking now. I can remember-I have been blessed have no disposable income left, and on We have trillions of dollars moving in to live through depressions and wars-­ top of that, the last 3 successive years, what they call nowadays when Franklin Roosevelt announced, the average salary or wages of a work­ nanoseconds-the speed of light-from to the great astonishment of the Amer­ er have diminished 80-plus dollars a money capital to money capital, all ican people when he said, we are going month. speculative, and especially since this to be the arsenal of democracy and we So why is that? Well, one thing that thing they call derivative markets, are going to produce 50,000 warplanes. is not perceptible: It is very difficult to which is complicated and all of that, Well, it was fine, but he could not translate these things down to our liv­ but which simply means that on a really get started until the German ing, real life, but why should we be worldwide basis now and in an uncon­ cartel through their bankers and the paying more for these things? One rea­ trollable fashion we have giant casinos BIS released the magnesium that was son is that the only share of stock each involved in our banks. needed for production. one of us has in our Government is that So one can have wars but the thing dollar note, the American dollar, and D 1140 behind it all is finance. that dollar, in less than 15 years, has Now, I do not care if it is the securi­ We are really a very, very young na­ lost two-thirds of its value as against ties dealers who do not have deposit in­ tion and naive. But we are dealing with the Japanese yen and the German deut­ surance backed by the taxpayers, but countries that have a thousand years sche mark. That is the reason we are the banks do, and our leading banks of experience in government and more paying more. I am worried that if this have gone into that to the point where than 500 years in this kind of financial continues, we will see the debauchery their so-called off-balance sheet activi­ speculation, gold market, silver mar­ of our currency. ties now are depending on this high­ ket, the most controlled markets of Whenever any real enemy of a coun­ risk gambling to report whatever prof­ all. try was thinking how to do it on an in­ its they have been reporting but which And we have had to pay the price, but tellectual basis besides the battle­ exceed their capitalization structure. I will not go into that, into the specif­ ground, and even where they won in Now, in the 1920's we had that, but it ics. I have reported that in prior spe­ the battleground they lost in the was the sovereign nations. Today no cial orders. money tables, the war, they always one sovereign nation can control this Now, who defines inflation? I just looked to diminishing the value of that because we have at least anywhere gave an example of what irt real life the currency; if possible, debauching it. from half a million to three-quarters of people know they face. They may or Some of the Federal Reserve the individuals all over the world in may not know what to call it. That decisionmakers explicitly testified at this, and all they have to do is get a does not mean they do not know what our hearing of the Banking Committee computer and a modem and then have is happening. on October 19 last year that they be­ an ostensible line of credit of at least Well, the definition we have been get­ lieve in the absurd and unrealistic no­ $100,000, and then they are in the game ting is based on governmental statis­ tion of zero inflation, and the rest of and they are betting hundreds of bil­ tics that have been doctored and the Federal policymakers have made it lions. cooked some 15 years. clear from their decisions to actively The so-called derivative market is Zero inflation, I have said to my col­ be in that same shrine of zero inflation. based on what they call a nominal leagues on the Banking Committee and The truth is that heading for a target value. Let us say they are going into all, the only place you can find real of zero inflation can devastate totally the gambling on futures stocks and zero inflation is in the graveyard. It is our economy, and what is more tragic whatnot as well as currencies. It is the only place. is that it ends up in bringing higher gambling. They are betting that some­ Price indexes and so forth, even rates of inflation. It can also destroy thing will happen in the future. But if Chairman Greenspan announced a few the use of the U.S. dollar as the key our banks are not restricted in the months ago that they were faulty. currency, as I have said repeatedly. high-risk ventures, then we are going But as I have said for years now and This is not a distant and remote dan­ to face the day of reckoning, which is I will say that since the pendulum ger. This is a present and clear danger already happening. swung, the center of gravity of finan­ I have been saying. But who cares? Most recently, the Spanish bank that cial power gravitated from us in 198~ My colleagues, I cannot get any­ went under, the reason it lost money in September to be exact-no matter where, even with those serving on the was because it lost its shirt in this de­ what the Fed thinks it can do, it is committee. But even if we could, there rivative, or this speculative, market. caught in a bind. 5460 CONGRESSIONAL RECORD-HOUSE March 18, 1994 It has really been in gridlock. In fact, an example of how, when you do not So I will place in the RECORD further I was the first one to use that term 8 have accountability, power can become parts of these minutes, and I hope that years ago with Chairman Voelcker, and such a runaway thing that it can undo my colleagues will carefully at some he agreed. even the basic innermost values of a point or another read them. He said, "You know, that's right. country, and particularly a country Mr. Speaker, I would like to know if any of That is a good word." such as ours. Whether it is the Federal, my colleagues, under the following cir­ I said, well, don't you have gridlock, whether it is the CIA, whether it is the cumstances, would vote today to give the Fed­ if you reduce or you increase interest legislative body itself, if it is given un­ eral Reserve a $30.1 billion line of credit that rates in order to attract investment, restrained power and does not have to could be used to loan money to foreign coun­ which is what they did. account, it will be corrupted sooner or tries: You will have nothing to say about who And that is when we had this tremen­ later, and usually sooner than later. gets the money, you can put no conditions on dous infusion and takeover of direct as­ But I have asked this question, and I the loans, and you will have to abdicate your sets from banks to shopping malls by am going to leave off with that. Under congressional oversight role. In addition, the foreign money of all kinds; Germany, the following circumstances, would you General Accounting Office will be prevented Japan, France, Great Britain, all of vote today to give the Federal Reserve by law from any examination of how the them. It was all borrowed. a $30.1 billion line of credit that could money is used, and the records of the ex­ So that if you drive interest rates, be used to loan money to foreign coun­ penditures will be incomplete and sometimes that money will go out and seek other tries? purposely misleading. places, Germany or some other place, You will have nothing to say about If you answer "No," it doesn't matter. The where they can get a higher yield. So who gets the money or why. You can Federal Reserve already established such a that there is gridlock. put no conditions on the loans. And re­ It used to be we in the United States fund in 1962 and would like you to believe that member, the Constitution says you are Congress gave them the go-ahead at the time could control that because we would supposed to be in control of the pursue set the tone and the world would have to establish this fund. The truth is the Fed strings, and you will have to abdicate conned the Congress into agreeing to this ar­ to dance to that tone and tune. Not your Congressional oversight role. any longer, for a good while now. rangement. I will provide you with details of In addition to that, our watch dog this Federal Reserve chicanery which I have So the Fed's arguments of zero infla­ agency, the General Accounting Office, tion are dangerous, they should not obtained from the Federal Reserve's decision­ will be prevented by law from any ex­ making body, the Federal Open Market Com­ even be countenanced, and they should amination of how the money is used, be rejected. mittee minutes that the Fed stopped issuing in and the records of the expenditures will 1976. You will see first hand that when the But if you do not have access and the be incomplete and at times inten­ Fed does not have accountability and Fed said it stopped taking minutes because of tionally misleading; in other words, principle, it was the principle of power. feels it does not have to account to false. anybody, either to the Congress who In 1962 the Federal Reserve decided to ap­ Well, my colleagues, if your answer is propriate a $50 million fund for intervention in created it or to the President who ap­ yes, then it does not matter. There is points members, Governors, how can currency markets and to make foreign loans. no use talking. But the Federal Re­ It was called the Federal Reserve Reciprocal the people know? serve has established such a fund since It is essential that the Congress and Currency Arrangements referred to as the 1962. In the special order before last I SWAP fund, which it is still called today. The the public have access to the complete mentioned specifically the case of Mex­ minutes of the Fed's decisionmaking FOMC voted for these funds, and the discus­ ico in 1988, where the Mexican Govern­ sion is revealed in the February 13, 1962, body, the so-called Federal Open Mar­ ment was wallowing in its election di­ ket Committee. lemmas and the legitimacy of its elec­ FOMC minutes when Federal Reserve Gov­ When did that begin? Did it begin tion was being challenged. At that ernor J.L. Robertson accurately called the $50 with the enactment of the Federal Re­ point the Federal Reserve decided to million an "unlimited pocketbook" and voted serve Board Act of 1913? against it. The Fed made no bones about the No, it wasn't until about 10 years give President Salinas that huge amount overnight. fact that they were establishing the fund to later. So that I have introduced what is Did Mexico have to pay any interest evade congressional budgetary authority. known as H.R. 28, and I call it the Fed­ or anything? Who knows? But that is I quote the argument of Governor Robertson eral Reserve System Accountability the power that the Federal Reserve has from the paraphrased minutes: Act of 1993. been exercising since 1962. Mr. Robertson recalled that he had opposed In no way would it diminish the The truth is that the Federal Reserve the whole program of operations in foreign rightful independence of this body, the at the time in 1962, through a slight of currencies on legal, practical and policy central bank, to have freedom from grounds because it seemed to him that the hand of sleeper riders, whatever you only basis for the entrance of the Federal pressure in setting of the so-called want to call them, really conned the monetary and fiscal. Reserve into this field would be to supple­ We can pass laws or do whatever we Congress. ment the resources of the [Treasury] Sta­ So I will additionally continue to bilization Fund and because the program is can here. They can undo it, like they bring out some of the specific uses in being undertaken without specific Congres­ did with Gramm-Rudman-Hollings. sional approval. The British used to have a similar the past of some of this fund. In 1962 program and that was reformed after the Federal Reserve appropriated $50 Once the fund was established, the Federal million without congressional proc­ Reserve agreed to keep Treasury informed the war. It used to be that the Chan­ cellor of the Exchequer could deter­ esses to intervene in the currency mar­ about the fund's activities by way of staff mine whether the British Government kets and also to make these foreign meetings and a daily conference call. The went down or stayed on. They changed loans. They early called it the Federal Treasury was denied the power to veto the that somewhat. But today the Fed can Reserve reciprocal arrangements, re­ Fed's decisions. And of course at this point, decide the fate of an administration ferred to as the Swap Fund. It is still the Congress had been completely dealt out through still having domestic control called that today. of the game. The minutes we were able to get our Federal Reserve Chairman William of such things as interest rates. In H.R. 28, what we say is: "We want hands ons show that on February 13, Mcchesney Martin, Jr., may have had some you to give us an accounting of your 1962, Federal Reserve Governor J.L. reservations about this power grab when he actions. What were the reasons? What Robertston accurately called the $50 said that it might be desirable to seek legisla­ do your deliberations show that led million an unlimited pocketbook and tion at some time in the future. But, he con­ you to this decision?" voted against it. The only one. The cluded, "at the moment he doubted whether it Federal Reserve made no bones about would be feasible, with so little experience, to 0 1150 the fact they were establishing the determine exactly what kind of legislation was There is another thing, and I have fund to evade the congressional budget needed." [FOMC minutes of February 13, asked this of my colleagues before, as authority. 1962.] March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5461 While it is true the FOMC did make an at- belief that this was only a first step, pervasive means of international payment throughout the tempt to inform Congress about the SWAP uncertainty has undermined world bond mar­ world. That would be injurious to the standard fund, the Fed buried the information in a nine- kets and interest rates in the United States of living in the United States. page, single-spaced speech delivered before have risen across the board. There is now the First, what is inflation? Inflation is a sus­ the Congressional Joint Economic Committee vary real threat that Fed policy will bring our tained rise in the average price of goods and at its January 30, 1962, hearing. Chairman weak recovery from the 1990 recession to an services. The Government measures the aver­ Martin deflected attention from the Fed's end and millions of Americans will suffer the age price of goods and services with mathe­ newly established SWAP fund by talking about consequences. matical averages called indexes. The most the fact that the New York Federal Reserve Why did the Fed adopt this policy? Was it widely used index is the Consumer Price Bank was acting as an agent for the Treas- because there was increased inflation in the Index [CPI] which purports to measure the av­ ury's Exchange Stabilization Fund, their equiv- United States? Absolutely not. Even Federal erage prices of goods and services consumers alent of the SWAP fund. Martin said Treas- Reserve Chairman Alan Gri:lenspan admits buy each month. When the average price, as ury's fund was used with the "aim of defend- that the 2.7-percent inflation last year was measured by the index, rises for a number of ing the Dollar from speculative forays." [JEC overstated because of problems in the way it months it is called inflation. Hearings, 1962, p. 174.] is measured. It could have been less than a Zero inflation would occur if this CPI index Chairman Martin's brief, vague, and wholly 2-percent rise in prices. did not change for a sustained period of time, unsatisfactory testimony gave Congress no in- Did the Fed raise interest rates because our for example, 6 months. What would that mean dication that the Fed planned to turn this into economy is too healthy and needs to be for the average American family and for the the multi-billion fund it is today. There is no tamed-the old-fashioned medical remedy of Nations 130 million workers? If the price in­ doubt the nine pages sedated most listeners bleeding the patient a little? Absolutely not. dexes were absolutely correct, it would mean as the Fed intended. However, an alert Con- The unemployment rate during the officially that approximately half of the prices and gressman Richard Bolling, a Democrat from designated recession, from the peak of the wages in the country would be falling and the Missouri, asked Martin to explain what he previous recovery in July 1990 to the official other half would be rising so that the average meant. I quote part of Chairman Martin's testi- low point, the so-called trough in March 1991, change in prices would be about zero. Thus, mony: "It is not possible to spell out here- rose to 6.8 percent. A year after the recession those who plan for zero inflation dream of em­ what we are aiming at is to keep the specu- ended, in June 1992 the unemployment rate ployers all over the United States telling their lators from unseating us." of 7.7 percent and 9.8 million American work- employees, "This year your wages will be Unfortunately, since that time, few members ers--over a million more than at the end of lower but don't panic, we have zero inflation." of Congress have questioned the Fed about the recession-were trying to obtain employ­ The truth is that to get the demand for goods its SWAP fund and the Fed as is its wont, has ment and were counted as unemployed. down to the level that would cause half the happily kept quiet and discouraged curiosity. Today there are still 8.5 million American employers to make this announcement, we For example, I read in the August 16, 1988, workers who are officially counted as unem­ have to plunge the economy into a depres­ transcript of the FOMC meeting, which the ployed under the newly revised statistics. In sion. There would be utter devastation in the Fed finally released last week after my prod- many parts of the country and throughout the labor markets if we dumped that policy on the ding, how it covered up a transaction in which depressed areas of our cities, the slow recov­ country at this time or in the foreseeable fu­ yen were traded for U.S. dollars. I wondered ery is devastating and cruel. 1 will introduce a ture. if the true nature of the transaction would ever graph into the record that shows the unem­ To make matters worse, the price indexes be reported. The transcript reveals that they ployment rate and the number of unemployed are not accurate measures of average prices. wanted to hide the yen intervention. True to from the 195o·s to the present. You may be Experts, and even Federal Reserve Chairman form, one Fed staff member said, "It's not re- shocked to learn that none of the previous six Alan Greespan, admit these measures of infla­ ported per se, but it's in 'Other Assets."' economic recoveries since the 1950's has The former Fed staff member who issued tion could be way off the mark. This means the final quarterly report said: been as slow as our current recovery. Since that if the Federal Reserve were to tighten we will not be specific about the source [of World War 11, the unemployment rate began monetary policy enough to get the price in­ the currencies that were received)- the coun- dropping within 2 months of the recession dexes to record no change month after month, terpart-but we will indicate publicly that ending. However, this time, unemployment did the true average price could be minus two we have picked up these currencies. not begin to drop until June 1992, roughly 15 percent. In other words we would have a de­ Is this the level of accountability to the Con-;-. months after the recession supposedly ended. flation-falling prices-which translates into gress that the Fed has come to expect? 1 find ·. Clearly the economy is still in trouble, making massive unemployment for the country. this totally unacceptable, and I am sure you the Fed's current tight monetary policies a true Those who worship at the shrine of zero in­ would agree. We can't let the Fed bench the abomination. flation and say that free markets will take care Congress while it runs the ball. The least we There is only one reason that the Federal of the unemployed might as well tell the mil­ should demand of a large bureaucracy dealing Reserve has aimed its guns at its own citi­ lions who become unemployed due to tight with billions of dollars of taxpayers' money is zens. The officials at the Federal Reserve money polices: "The markets have cleared an independent audit by the investigative arm worship at the shrine of zero inflation and they without you." of Congress, the General Accounting Office, to intend to keep working toward this dream re­ Those that understand representative gov­ examine these operations to see if they are et- gardless of the consequences. They are tight­ ernment realize that this kind of devastation in ficient and whether there is any leaking of ex- ening the money supply to counter an inflation an economy will produce a reverse reaction of ploitable information about the trillions of dol- that does not exist. Let me tell you why I have fast money growth and inflation. And should lars of transactions that the Fed engages in often said zero inflation can only be found in our economy become devastated because of every year. the graveyard. the Fed's fixation on inflation, our currency will My colleagues, are you willing to turn your Some of the Federal Reserve decision- not be sought as a key currency-a currency vote on appropriations for foreign loans over makers explicitly testified at the October 19, used to make international payments through­ to the Federal Reserve? I know you want to 1993, House Banking Committee hearing on out the world. retain the legitimate right of the Congress to reforming the Federal Reserve, that they be­ The Fed's arguments in favor of zero infla­ oversee these transactions. I urge you to sup- lieve in the absurd and unrealistic notion of tion are dangerous and should be rejected. My port my legislation, the Federal Reserve Sys- zero inflation. And the rest of the Fed policy­ colleagues, I urge you to question the Fed's tem Accountability Act of 1993, H.R. 28. This makers have made it clear from their policy rationale for to do otherwise is to invite eco­ bill removes the restrictions on the GAO that actions that they too are actively deifying the nomic disaster. If we are to benefit our citi­ presently prevent it from examining the Fed- same shrine of zero inflation. zens, we must have a full employment policy eral Reserve's foreign currency and foreign The truth is that heading for a target of zero and this can only be attained if we allow mod­ loan operations. H.R. 28 will thus restore le- inflation can bring devastation to the U.S. erate changes in these inaccurate price in­ gitimate oversight of these foreign loan oper- economy and it can even bring higher rates of dexes. ations to the Congress-where it belongs. inflation. It can also destroy the use of the It is essential that the Congress and the Since February 4, 1994 when the Federal U.S. dollar as a key currency-which means it public have access to the complete minutes of Reserve raised interest rates and fueled the can destroy the use of U.S. dollars as a the Fed's decision-making body, the Federal 79--059 0-97 Vol. 140 (Pt. 4) 36 5462 CONGRESSIONAL RECORD-HOUSE March 18, 1994 Open Market Committee [FOMC] so that we Nixon administration. I was not hurt D 1200 know what the individual FOMC members are personally, but I was certainly hurt in It is the day between St. Patrick's thinking. These are the people managing the my heart. By that time I had been over and St. Joseph's Day, so Bill Kennedy, country's money supply. These are the people to Vietnam eight times, seven as a I recommend you resign and get out of who raise and lower interest rates. These are journalist, the first time as an Air there with some dignity, al though you the people who worship at the shrine of zero Force captain ferrying a rescue air­ will spend a lot of time in court. Bill inflation and want to screech the brakes on plane. I was unable to get myself re­ Kennedy has the responsibility for se­ economic growth. These individuals impact called to active duty, as vigorously as curity clearances in the whole White each of our lives with their decisions about our I tried. House compound. money supply, unemployment and inflation. It is not payback time for me. But I Nussbaum, had a more direct ear to Maybe some of the FOMC members should am going to put it in some very simple, the Clintons, even though he was not a not be reappointed, particularly if their views rough terms as I did to Mr. RICHARDSON former Rose firm employee like the are inimical to the country's best interest. As earlier during the 1-minutes. I believe other four. He knew Mrs. Clinton from it stands today, some of the FOMC members that Bill Clinton is an illegitimate the building across the street, from are selected by the board of directors at their President, and I think he is hurting my this Capitol, the Rayburn Building. particular Federal Reserve Bank. These nine grandchildren and any other They served together on the Watergate boards are heavily stacked with bankers or grandchildren that God gives me and House Impeachment Committee. So he friends of bankers, whose interests are some­ my Sally. I think he is ripping the trumped Kennedy and took security times different from those of us in the Con­ moral fiber of this country to shreds. clearances into his, Nussbaum's, office gress. I am advocating that the 12 Federal On the national security front, I had and sat on them. Kennedy was one of Reserve Bank presidents, who serve on the some initial feeling of confidence be­ those panicking in the middle of the FOMC on a rotating basis, be appointed by cause of the appointments of Jim night of Vincent Foster's death, trying the U.S. President and confirmed by the Sen­ Woolsey, a Rhodes scholar who actu­ to open Vincent Foster's safe. He and ate. This way you can know where they stand ally went to class at Rhodes and got Thommasson and a couple of the staff­ on the issue of economic growth before they his Rhodes Master's Degree from Ox­ ers of Mrs. Clinton were the ones that get in a position to determine how much or ford, which Clinton never did-more stripped the office of all the Madison­ how little money should be pumped into the about that in the coming weeks and Whitewater files, at this point heaven economy. month&--because of the appointment of knows what else. This new selection process is included in a great justice and former prosecutor, By the way, you will see all of these H.R. 28, the Federal Reserve System Ac­ Louis Freeh, as head of the FBI, and people gone. countability Act of 1993, which I introduced because we did not get some disastrous There is no big pressure on my part. last year. The public has the right to know if appointment as the Chairman of the They will all be gone with the concur­ those managing the Nation's money supply Joint Chiefs of Staff-he appointed rent responsibility of the Clinton ad­ are worshipping at a false shrine of zero infla­ John Shalikashvili-I thought well, ministration having to fill all these tion which will devastate the U.S. economy. maybe things might not be too bad on slots, go through a confirmation the national security side. process. The front page of yesterday's APPOINTMENT OF MEMBERS TO But now I see people like Jane Han­ Washington Times say it all. It shows CONFERENCE OF THE INTER­ sen, Derek Shearer, Strobe Talbot, Dave Gergen, Anthony Lake, Thomas PARLIAMENTARY UNION Sam Brown, Morton Halperin coming Mac McLarty and George The SPEAKER pro tempore (Mr. into the State Department and it Stephanopoulos, looking not 16, not 15, FILNER). Pursuant to the provisions of scares the hell out of me. The White but 13 years of age. It says, "Time to House thumbed its nose at all us in the clean house. Young top aids," Gergen title 22, United States Code, section 276 Senate and the House, by putting a-1 and on behalf of the Speaker, with­ must have liked that, "seen as liability out objection, the Chair appoints to Halperin in the National Security for the President. An anonymous Dem­ the delegation to attend the conference Council, where he does not have to be ocrat, a former Democrat Party boss confirmed. said, 'It is hurting the President and it of the Interparliamentary Union to be I think the best way to prologue my held in Paris, France, from March 20, is hurting our party. Mr. Clinton's top remarks today is to ask for another staffers are both mishandling 1994, to March 26, 1994, the following resignation. Yesterday I said that Members on the part of the House. Whitewater-Madison and damaging the Mr. HILLIARD of Alabama; Mr. Roger Altman should either retire, re­ party.''' sign, or be fired, that Jane Hansen who Now, haying gotten the William Ken­ THOMPSON of Mississippi; and Mr. DOR­ is over at Treasury with him should ei­ NAN of California. nedy, III, matter out of the way, let me There was no objection. ther retire or be fired too, Patsy read in its entirety a column by Mona Thomason over at the White House­ Charen, nationally syndicated col­ she doesn't have a security clearance umnist. I have gotten to meet Mona MORE ON THE CLINTON YEARS anyway, nor does Dee Dee Myers, after personally several times. I happen to The SPEAKER pro tempore. Under 1 year and almost 3 month&--should re­ think she is one of the best columnists the Speaker's announced policy of Feb­ tire, resign, or be fired. With St. Pat­ in the country. It is titled, "When the ruary 11, 1994, the gentleman from Cali­ rick's Day yesterday, I felt a little scandal monster strikes." There is a fornia [Mr. DORNAN] is recognized for 60 queasy about calling for the resigna­ related cartoon showing little kitty minutes as the designee of the Minor­ tion or firing of William Kennedy, III, cat, looks like a tom cat, and Clinton ity Leader. the last of the big four. Vince Foster saying, "I have got my pride," and Mr. DORNAN. Thank you, Mr. Speak- killed himself. then some cuss words, all of the aster­ er. Mrs. Clinton seems to be in trouble, isks and circles. Arkansas is on his Mr. Speaker, my colleagues who are · at least speaking from her platform of neck. He is hitchhiking. Next to him is watching on C-SPAN, and to that C­ moral authority, one of the Rose em­ Socks with a cat head, and he is leav­ SPAN audience that at this time of the ployees in the Government, and she is ing town. This is from the Dallas Morn­ day is probably at a peak of 1 million an appointed Government official at ing News. to 1112 million people, I want to make the highest level, without pay and was The subheadline is from Mona. It something very clear at the outset, never elected to anything-ever. Vince says, "If a Republican had done that, that it is not my desire in discussing Foster dead. Web Hubbell resigned in the press would be echoing with words the Clinton years to engage in any pay­ disgrace, saying that all of the 60 law­ like 'sleaze' and 'abuse of power.'" Lis­ back. yers at the distinguished Rose insti­ ten to the sage words of Mrs. Charen. I was not one of those who was hurt tute were vindictive and ripping him "When President Clinton averred by Watergate and the collapse of the behind his back on the billing problem. that he had never known anyone with a March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5463 stronger sense of right and wrong as of thousands of dollars from one of the Clinton as saying, 'We were never Mrs. Clinton, it allowed Senator AL Nation's great Philharmonic conduc­ about money.'" Well, wrong, Jim. All D'AMATO, New York Republican, to get tors, Zubin Mehta. She is my choice for the columns from liberals that are off the stinging rejoinder: 'that's the the first one to crack and become starting to see the light here are say­ problem.' Whitewater's John Dean. At her press ing maybe, just maybe, Clinton himself "Before anything is proved about conference in Little Rock, she issued a was not about money, but about power what happened or did not happen with short statement and said, "No ques­ and sex, but Mrs. Clinton surely was the Clintons' Whitewater deals, one tions. I am out of here." about money. thing is becoming clear. These people Her lawyer, I will read his name One of the reasons I am not focusing who came to Washington proclaiming later, maybe next week, when asked, much at all on Mrs. Clinton in any of the dawn of the new Democrat are not "Isn't she going to take the oppor­ my remarks, nor did I on this House just old Democrats, taxing, spending, tunity to clear the Clintons, as her floor in September and October of 1992, endorsing quotas, weak on defense," husband tried to do, sort of, at least re­ is because I feel her pain. How would God knows I have spent 18 years here garding Mr. Clinton yesterday on the you, any woman in this country, like with those old Democrat types and Brinkley this week show?" to live with what Pat Buchanan called they still dominate this institution, And the lawyer said, "No comment." a serial adulterer? "but these are practitioners par excel­ And split. One of my daughters says "serial" is lence of old politics, cash for influence, Keep your eye on Susan McDougal. too rough a word; use "pathological,'' back scratching, sweetheart deals and " How many allegations do you want," use "repeated," use "constant," but I womanizing. Mona says. And I echo it. see they now call rapists, serial rapists, "Upon examination, Mr. Clinton is "There is the allegation that then­ and if somebody does something com­ beginning to resemble not his hero, Governor Clinton asked his friend and pulsively, pathologically, over and over Thomas Jefferson, whose memory was business partner James McDougal to and over and over again, then they are heavy-handedly invoked during Inau­ help out the family finances by hiring serial. Somebody tried to hand me, the guration Week." Hillary Rodham Clinton at $2,000 a other day, a list of 26 women, and I I remember Senator AL GoRE walk­ month. It is not disputed that HRC," rebuffed it. I don't want to see that. I ing in Monticello into one of the main her royal Clinton, Mrs. Clinton, "re­ have six in my head who have all come drawing rooms and saying, "Who are ceived $2,000 a month retainer to rep­ public, and that is enough for this Con­ these people," pointing at Washington resent McDougal's savings and loan be­ gressman to make the charge stick. and Ben Franklin, two most easily-des­ fore the Arkansas Securities Depart­ What makes it all so hypocritical is ignated busts, Ben because of the long ment, the Commissioner of which, one that this President goes to grade shoulder-length hair and the glasses. I Beverly Bassett-Schaffer' '-learned schools and to junior highs to lecture remember the Monticello kickoff well this morning her brother was a huge young people that sex is not a sport. that morning. I tried to avoid the rest contributor to Governor Clinton-"had After hearing that I turned on Jay of the day. been appointed by Bill Clinton." She Leno and he was saying, "If it were a Charen says, Mr. Clinton is not re­ may be one that cracks, Beverly Bas­ sport, Bill Clinton would be getting a sembling Jefferson and not George sett-Schaffer. gold medal." No, not a gold medal. Washington but George Washington " Since Madison was taking on water Back to Mona Charen. She says Mrs. Plunkitt, "the Tammany Hall pol in 1985, Mrs. Clinton conceived a plan Clinton says, "We were never about whose autobiography contained the to save it. She petitioned the securities money,'' the Carville quote. "So they memorable defense of 'honest' graft." department to permit Madison Guar­ say,'' Mona writes, "but check the That is a book for our former col­ anty to sell preferred stock. In a letter books. Even the evidence available now league, Tony Coelho. I always won­ addressed to 'Dear Hillary,' Mrs. Bas­ suggests otherwise. The Clintons spent dered where the title came from, Hon­ sett-Schaffer, what do you know, ap­ the 1980's buying and selling and engag­ est Graft. proved. The "what do you know" is ing in transactions whose complexity The Plunkitt line was, "I seen my op­ Mona's. thwarts understanding, even today, not portunities and I took 'em." " Friends, if a Republican had done the stuff of financial naifs." " Read," Mona says, "the March 21 that the press would be screaming "But even if their claim to have lost edition of National Review. Rick words like 'sleaze,' 'conflict of inter­ money on the deal turns out to be Brookhiser provides a Whitewater est,' 'greed,' 'abuse of power.'" true,'' and imagine the Clintons feed­ primer that sketches the outlines of By the way, for those of you out ing themselves to Rush Limbaugh, the Clintons' cozy business-govern­ there that are, as Bill Clinton would when Mrs. Clinton, and I say offen­ ment-friendship ties. To the constant say, "Feeling pain, feeling paid,'' well, sively, surrounded by military people refrain from the White House that I feel your pain. I repeat again, I in uniform, who were within arm's there have been no allegations of watched the Republican White House reach of her, surrounded by military wrongdoing by the President there can turn into shambles over a stinking people, while he is surrounding himself only be one response: How many alle­ third-rate attempt, as I said last night, again with military people at Fort gations do you want?" to steal the play book of the McGovern Drum, she says, "Heaven knows, what I will repeat that, because I have a campaign. It was the most idiotic po­ would you be saying if we made desk loaded with them. How many alle­ litical thing I have ever seen in my money? I am glad we lost money." gations of wrongdoing, including cover­ life. Do Democrats learn from that? Russ Limbaugh is grinning ear-to-ear up and criminality, do you want, my and saying, "Imagine people telling colleagues and fellow Americans? D 1210 you, bragging they are glad they lost How about David Hale? He goes to Back to Mrs. Charen. money, and they want one-seventh of court next week. He has accused Clin­ She says, "This is why the S&L our national economy to devise a so­ ton of leaning on him to approve a screw-up is costing taxpayers so many cialized medical health plan." Unbe­ $300,000 SBA loan to Susan McDougal. billions of dollars." Precisely because lievable. The SBA program was supposed to as­ of what happened in Little Rock the Back to Charon: "When Republicans sist minority and disadvantaged busi­ Congress was forced to vote billions to lose money, they are accused of exces­ nesses. Instead, it found its way to a the Resolution Trust Corporation, sive greed,'' reaching and failing. When wealthy friend of the Governor. where Altman is within hours of re­ Democrats lose money, it's evidence of This Susan McDougal has returned to signing as its acting head. their moral superiority. Chew on this, the scene of the crime and is in Little " James Carville," of Mary Matalin Mona says, " there is an allegation Rock. She is under indictment in my fame, ''former campaign manager for that, as Governor, Bill Clinton leaned county in California for scamming tens the Clinton campaign, quoted Mrs. on David Hale, then running an arm of 5464 CONGRESSIONAL RECORD-HOUSE March 18, 1994 the Small Business Administration, to that to the FBI for their investigative done, there would be a congressional 'help Jim and me out.' The Clintons hours wasted? Was it to the DEA, the hearing before you could say " obstruc­ deny this, but it is a fact that the SBA, Drug Enforcement Agency? Was it to tion of justice." What hypocrites. tasked with helping minority court costs?" Now a word about the Rose law firm. enterpreneurs, did make a $300,000 loan " No ," my wife says, "I think what D 1220 to Susan McDougal, former wife of they could mean here is to the drug James McDougal and partner," one of dealers." Anyway, it is a good ques­ Each State in our Union is allowed to four, with the Clintons, " in Whitewater tion. have two big, beautiful statues in this Development Corp., and $150,000 of that Wait until the Members see the air­ wonderful Capitol Building. I think sum was invested in Whitewater." plane deals that I discuss next week, at there are now 98. There are the records, it was invested Mena Airfield in Arkansas, infamous, Only two States have submitted one in Whitewater, when within hours the both for gun running to bad guys, good statue. I think one of them might be next day, this is one of five books I guys, and much drug running. Hawaii. Their first statue is the great have back in the cloakroom that con­ Dan Lasater, remember that name. priest of the lepers, Father Damien, tain many of the Whitewater docu­ Guess who handled all of Lasater's fi­ who contracted leprosy himself, and ments. It is so big it reminds me of nancial affairs while he was in the who is going to be beatified as a saint when President Reagan stood up there slammer awaiting his Bill Clinton par­ of the Roman Catholic Church this at the second lectern and dropped that don for cocaine abuse? A big race track summer in Rome, raised to sainthood 14-pound book of the budget one year? buff, this is the guy that met Virginia by Pope John Paul. So that shows you Well, you should see the size of the Kelly, Clinton's mother, at the race how important this is. books back here, of some records made track, got her a box, became friends, By the way, downstairs in Statuary available by interested folks doing a introduced her to the then young Gov­ Hall there are 9 or 10 ministers and lot of digging. Isn't it amazing how ernor. Guess who ran all of Lasater's priests and nuns, including from my people can get into our bank records affairs for 2 years while he is in the own State of California, who chose these days. Whatever happened to pri­ slammer? Patsy Thomason, the person Junipero Serra, who has already been vacy? rummaging around the office of Vince raised to blessed and will probably be a What my colleague, JIM LEACH, as a Foster while he is undergoing an au­ saint before the decade is out. The Republican, and his staffers on the topsy. That is why I have called for her other one from California is the great Committee on Banking are finding out, firing or resignation. Reverend Thomas King, a Protestant I do not know, but God knows what Back to Mona, " If it is true that minister in California who spoke out Fiske with Federal subpoena power, Vince Foster was working on loudly and righteously against slavery. hundreds of FBI accountants and Whitewater matters before his death, Let us go to Arkansas. They have agents is going to find out down there then the Clintons and he were in viola­ two. The first one down in the Hall of at Little Rock, and maybe an S&L in tion of the law that forbids Govern­ Statues is James T. Clarke. He died in Illinois. Remember the old adage, you ment employees from working on per­ 1916 as a sitting U.S. Senator. He was a can indict a ham sandwich? Bill Clin­ sonal matters for their bosses. Remem­ former Governor of Arkansas, a great ton is as big a ham sandwich as you'll ber the indictment of Senator KAY BAI­ lawyer, State attorney, distinguished­ even see. LEY HUTCHISON of Texas? looking gentleman, James P. Clarke. Mrs. Clinton defended the Lasater "There is a great bitterness among Now the statue that sits out that case. I may not get to that today, but Democrats that the Clintons are being door in Statuary Hall between Jeffer­ if somebody said to me, "What word subjected to any scrutiny at all. They son Davis, who is one of the two stat­ smashes you in the face more than any lament for the Nation, but their cries ues submitted by Mississippi, which other word in all the research you have ring hollow," as Republican cries rang honors his service pre-Civil War as an done, what screams out to be inves­ hollow in 1973 and 1974. "They created admiral. One the left of the statue I am tigated," the word is Lasater. Wasn't this monster, the scandal machine, de­ about to mention is Robert Fulton, the that a good movie here recently, ploying it first against Richard Nixon, great designer of the steam engine into Lassiter? Yes, Tom Selleck, my pal, a and then against Ronald Reagan,'' and the steamboat. good, solid conservative Republican; then George Bush, and then trying to In between is a statue that stunned Lassiter, Lassiter. destroy Robert Bork, and then coming me the other day, it simply says, and it Get this line. I have a habit of red within a hair of destroying Clarence is a 7-foot 6-inch statute of a towering underlining important things. It goes Thomas, and pardon the inadvertent thin-as-a-rail, handsome man, looks way back to school in the Air Force. pun; Ed Meese; Richard Allen, over a like Hal Holbrook in the Tom Cruise Sometimes I will underline a whole red watch as a gift in a safe that he never movie, "The Firm," and it said only, article and my wife, Sally, said, "Why even saw, touched, wore, touched it "Rose, Arkansas." don't you just dip it in ink?" when he put it in the safe and forgot The press has not written about this I underlined a line last year and about a $300 watch, and it destroyed until this very week, often I mentioned passed the article to my wife and she this brilliant man, Dick Allen, for serv­ it on the floor. Listen to this, and you said, "You underlined something here ing Reagan, although he still continues will understand why those 60 lawyers but you didn't even tell me about to serve his country in the private sec­ at the Rose firm are insulted and an­ this." I said, "What? I missed it." It tor. gered by the degradation of the name did not even sink in. Here is the line: There was Richard Allen, Carol of their firm by all of the shenanigans "Dan Lasater paid off Roger Clinton's Ianonne, Ray Donovan, who said by the famous four in the White House, $8,000 drug debt." This is while they "where do I go to get my reputation first, Hillary Clinton, then the now-de­ were both indicted for cocaine. Roger back?" Theodore Olsen, Elliott ceased Vincent Foster, Webb Hubbell, had already been in jail. He was on his Abrams, Caspar Weinberger, and dozens and William Kennedy. way, he was an unindicted co­ more. Uriah M. Rose, 1834 to 1913, so he cospirator in a cocaine trial where "The Democrats created this mon­ lived to be 79 years of age, was a lawyer Lasater, Bill's friend, went to jail. ster, and now the monster has turned of international reputation. He founded Where did we last hear "unindicted on its master." the first law firm west of the Mis­ co-conspirator"? I don't know, could it This is why it is so galling to see my sissippi in Little Rock. He was also have been Watergate? Here is Lasater, Democrat colleagues take to the well chancellor of the State, charter mem­ paying off the current President's to speak against congressional hear­ ber of the American Bar Association, brother's drug debt back then, $8,000. ings. We all know, and I mean know, and its president in 1901. Author of the The point is, my wife says to me: "To that if any Republican President had Arkansas Constitution and the Digest whom did they pay the drug debt? Was done anything near what this one has of Arkansas Reports, appointed by _... •_..a. • _.. .,.,. """- , .. ._ ,....._-,.----..~-,,..~--..-.--".-.-.---r"--r ~ •- ~ . ,.---:------.- ......

March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5465 Theodore Roosevelt, President in 1907, Raphael's, Clinton would not now be as those AL GORE quotes on the same as one of the delegates to the Peace President. subject. They are revealing. And as I Conference of the Hague with the rank If the Whitewater thing had been told BILL RICHARDSON, giving my friend of U.S. Ambassador. Governor, Ambas­ taken seriously when it was first from New Mexico a heads-up, I am re­ sador, president of the bar, distin­ raised, Clinton would not be President. searching everything the whip, DA vm guished lawyer. And you wonder why You know, many people forgot that BONIOR, said, and everything Mr. RICH­ the 60 current lawyers of that firm are this issue was first raised by Paul ARDSON said, and what everybody else furious? And when Web Hubbell called Tsongas during the run-up to the New said about the October Surprise. When them vindictive down there in Little Hampshire primary. Recently I was they try to say this is just Republican Rock, the lawyers of his former firm, I picking up papers around my house, politics trying to tear down a Presi­ knew the man was doomed, because the and throwing them in the fire, stuffing dency-I will be ready. I would sit here billing story was certainly going to them under the logs. All of a sudden I some days at the beginning of the day, grow to be the undoing of Web Hubbell. see some red underlining which catches as you may recall, Mr. Speaker, one or Overbilling clients is poison for a law my eye. It is an article saying the Clin­ two of us trying to defend George Bush, firm. tons insist there is no impropriety in and there would be 40, 2 rows of theme I think it is important that people the 14-year-old real estate transaction. team, to use Mr. BoNIOR's lines about should not generalize about Park Po­ I say wait a minute, that has to go in our group over here, theme team, 40 lice, not generalize about the Rose law my Whitewater file here. And then I people lined up to gut George Bush, firm, and on my side of the aisle not looked at the date, March 9, 1992, the questioning his integrity, questioning generalize about all Democrats, not day before Super Tuesday. I raced to everything about his Presidency, rip­ generalize about the Congress and un­ see the reporter, Kathleen Decker. ping him and pulling him down so the derstand so try and understand, try The article says Clinton and his wife little 1-minute spots could be picked and be openminded and listen when I insisted they never made a penny in up, or bites out of it, on the evening say Clinton is an illegitimate Presi­ the deal in Arkansas. We will know the news. dent. truth on that when Fiske is through We all admire Cokie Roberts. She can Now let me make this theme: If the with all of this. But even if it is true, be tough on all of us. Not many people troopers in Arkansas, 10 of them, 5 of so what? It is the intent of their ac­ know that her husband is Steve Rob­ them, the 4 that signed an affidavit and tions that is at issue. Would we release erts, one of the top political reporters went on tape with the L.A. Times, or attempted bank robbers because the at U.S. News & World Report. even only the two that had the guts to vaults were empty? Listen to this before my friends on see through the media flashback I read on. What is this referring to? the other side of the aisle try to get in firestorm, had gone public in February The New York Times story the day be­ my face. I mentioned the title last 1992 during the primary process, Bill fore, on March 8, 1992. I have that New night, "Who is cheering? Where is the Clinton would not now be the President York Times story and others in the cheering press?" he says. I repeat, I of the United States. L.A. Times and Washington Post. This saw the cheering crowds outside, young If Jennifer Flowers had not frosted Whitewater issue came up on the radar people cheering the institution of the her hair and spiked it, had not sold the in March 1992, and the liberal-dominant Presidency. story to a tabloid, the Star, and had a media culture killed it? Look. Why did Here is a big photograph of a very big press conference in New York, the they dump on this, because in the de­ glum-faced Bill Clinton, and listen to press could not have been able to ig­ bate leading up to Super Tuesday I be­ what Cokie Roberts' husband, Steve nore her story. If she had released all lieve it was maybe early in New York, Roberts, writes: "George Bush was re­ 109 minutes of her recorded conversa­ Clinton turns to Jerry Brown, 8-year cently asked what he missed least tions with Clinton in the fall of 1991 in­ former Governor of California when about Washington." George Bush, re­ stead of just releasing 8 minutes Clin­ . Brown brings up the Whitewater mess cently asked what he missed least ton would not be president. By the in a very respectful way, I might add about Washington, "Dealing with the way, those tapes were authenticated by about my friend, Jerry, and Clinton press," he snapped. none other than Clinton himself in his very cleverly turns to him and says, By the way, reporters can have a lot call to Mario Cuomo, sitting Governor "You're not worthy to sit on the same of fun with an adjective and a verb. of New York, to apologize for saying stage with my wife." Bingo. The liberal They hate to say, "He said." It is so that Cuomo acted like a Mafioso on media caves in. Let's not touch it ei­ bland. So that is where he put in a lot those recordings. I have heard both the ther or we will be accused of attacking of loaded verbs. "He snapped." recordings, and as I said yesterday, I this woman who is going to be a liberal I have never seen George Bush snap put the transcript in the RECORD Sep­ heroine who will do great things. She is in my life. Maybe he responded quickly tember 23, 1992. At the time I was pan­ eventually appointed to the most im­ or sadly or mused philosophically, but icking at the prospect that this flawed portant Government Commission of 511 George Bush said, "Dealing with the person, flawed in character, was going people, not one of them even a doctor press." Whenever he said that to me, it to be President of the United States. or a nurse, and we do not dare attack was with a big sigh. I remember he said If Paula Corbin, Now Paula Corbin her. And she pretty much got a free to me in the Oval Office in July, "Bob, Jones, had come forward, with her sex­ ride the rest of the campaign. have you ever seen anything like the ual harassment charges, against Clin­ Here is how I am going to structure press now? I have never seen anything ton during the primaries, Clinton this over the next few months: First, like this in my whole career, in my would not be President. Jones story is it's the coverup, stupid takeoff on whole life, not at the U.N., not as head far more compelling and detailed than James Carville's line. What is of the party, during Watergate. I have Anita Hill's ever was. There are two Whitewater, the coverup, who is David never seen anything like this. It is like friends of Jones who have signed affida­ Hale, Madison S&L, and the still dis­ they take this race personally, and vits backing up Jones' claim. Jones tinguished Rose law firm, in spite of they are trying to fire me." Keep that says Clinton not only propositioned her some alumni, what happened in Vince in mind. That was directly to me. but exposed himself to her as well. You Foster's office after this tragic suicide It says the answer reflects an article know what the tragedy is? It is easy to of a tall, handsome, intelligent, Catho­ of faith among Republicans that a left­ believe it happened. lic father of three, beautiful wife, what leaning, pro-Democratic press corps If Sally Purdue, Ms. Arkansas from a tragedy; a body, just like Chappa­ cost Bush the 1992 election by leading my time in the 1950's, 8 years older quiddick. We have a body. cheers for Bill Clinton. than Clinton, had come forward at a And then I am going to put in TOM Well, I will tell you something, press conference in Little Rock instead FOLEY quotes, our distinguished Speak­ Steve; let Sally and I and you and of a dumb talk show like Sally Jesse er, about the October Surprise as well Cokie go out to dinner, and I will docu- 5466 CONGRESSIONAL RECORD-HOUSE March 18, 1994 ment for hours why it is an article of the White House, even if he is one of play them in the movies. One of the faith for this Republican that a left­ you own, and in favor of a good yarn. biggest mistakes the White House leaning, pro-abortion, dismiss-pot­ Both prejudices are now hurting Clin­ made in handling Whitewater was to smoking, dismiss-adultery, press was ton. set those dreams racing in the press as shilling for Clinton and covering his When Whitewater first surfaced dur­ Clinton advisor," now with his sub­ you-know-what. It almost made me ing the 1992 campaign, if was dismissed poena, "George Stephanopolus admits think they wanted to scratch out a by the press as too complicated. I want the administration's damage control couple of Moses' Ten Commandments." to pause right there, Mr. Speaker, be­ operation did more damage than con­ Look at him looking down, the only cause Mona Charen, whom I greatly ad­ trol." How is David Gergen earning his one of these 23 great lawmakers that mire, also said it was complicated. huge salary over there? gets a full-face shot, his eyes focused I want to tell my fellow Americans, "Suddenly the story was no longer right on your chair, Mr. Speaker. I all my colleagues, and you, Mr. Speak­ about boring bank records and intri­ know a lot of liberal Democrats want er, it is not too complicated. This is cate land deals in a small rural State," to scratch out one particular com­ not celestial navigation in the cockpit a beautiful State. "The old words, like mandment, particularly in regard to of an F-100 at night trying to shoot the the lyrics from a half-forgotten battle Bill Clinton, ''Thou shalt not commit stars to train yourself to go to Moscow hymn, were echoing through the news­ adultery." So I will give you an article alone and drop an atom bomb. That is rooms of the capital: subpoena, shred­ of faith. what I did. That is complicated. This is ding machines, grand jury, burn bags, The SPEAKER pro tempore (Mr. not rocket science. It is not brain sur­ and, most resonant of all, coverup, FILNER). If the gentleman would sus­ gery. It is long; it is long. That is dif­ coverup, coverup. The Republicans are pend, the Chair must caution the gen­ ferent from logarithms. It is not com­ doing their part playing on the guilt tleman against personally offensive plicated. It is intricate, which is dif­ feelings of the press corps." I have been references to the President. ferent. It is long. doing that for 30 years, folks, it is not The gentleman may continue. The American people must and will, I a change with me. "They have gotten Mr. DORNAN. That is going to be predict, take the time to sort through too cozy with the Clintons by demand­ very difficult. But I will try and skirt the players and the facts and try to fol­ ing equal-opportunity cynicism," that that on this issue of adultery, Mr. low during the secret period of Fiske is what we are supposed to be demand­ President, because I have got-I mean, and all of these engineered subpoenas ing, "and many journalists are willing Mr. Speaker. I have got a-- blocking all of this from us, trying to if unindicted coconspirators of the Re­ The SPEAKER pro tempore. The take it at least through the 1994 elec­ publicans," what was that, Steve? "We rules of the House are very clear. tion, and as the Wall Street Journal are thrilled to see them setting up Mr. DORNAN. They what? says, and I am hoping they are para­ their satellite trucks outside the Fed­ The SPEAKER pro tempore. The noid, through the 1996 election. eral courthouse where White House rules of the House are very clear. I heard that Special Prosecutor Fiske aides were summoned to appear. With Mr. DORNAN. OK, I will tell you subpoenaed George Stephanopoulos Nancy Kerrigan at Disney World and what I am going to do, I am going to last night. That is No. 11. I cannot be­ Tonya Harding in the background fad­ sit down with the Parliamentarians, lieve all of these subpoenas in the ing," she was on the headlines last because when I see a pathology of White House and Treasury. The prob­ night again pleading guilty, copping a lying, serial adultery, draft dodging for lem is, there should be congressional plea, "something had to fill the news three times and lying about it, what subpoenas as well. vacuum. Is that the way news and his­ are we going to do? How do we describe Back to Steve Roberts. He continues tory run in America now, filling vacu­ it without violating House rules? I will that when the story was revived last ums only? Last December Bill Clinton sit down with you, Bill. fall, Team Clinton thought the same was already starting to sour on the The SPEAKER pro tempore. The thing would happen, that because it press, complaining to Rolling Stone Chair would simply caution the gen­ was too complicated, the press would magazine that he had not gotten one tleman against the application of pejo­ give up. But there is a difference be­ damn bit of credit from the knee-jerk rative labels to the President. tween to way the press covers a cam­ liberal press, George Bush or any ex­ Mr. DORNAN. I did not realize that I paign and an administration. The President would certainly nod in sym­ had tied him that closely to Mosaic White House is finding that out. pathy." law. I will try not to be pejorative. It is Now, here is what I have lined up be­ not going to be easy. It is not going to 0 1240 fore me for a chronology next week. be easy. We have an illegitimate Presi­ "Even what seems small in the polit­ Here is the toady liberal press struc­ dent here. But I will try. ical context takes on new size and turing a personal 60 Minutes show-it Now, going back to Steve Roberts meaning when viewed through the was only 13 minutes long-following from U.S. News & World Report, the magnifying lens of the White House." I the Super Bowl in 1992, January 26, cheers have clearly faded. If there ever predicted that on this floor in Septem­ 1992. I ask permission to put that in the was a pro-Clinton cast of press cov­ ber and October 1992. I said this will all RECORD. erage, it has been washed away by come out if he makes it to the White Following that is the unbelievable, Whitewater. House. disgusting Nightline show in February, Washington journalists have only "Moreover, a campaign ends in a few on Lincoln's Birthday, when at the re­ two enduring biases against entrenched months, an administration lasts years quest of Rick Kaplan of the ABC, a power and in favor of a good yarn. 4 years, giving editors more time and charter FOB, friend of Bill, who meets Wrong, Steve Roberts, the press also incentive to invest resources in inves­ with him at the renaissance group. has entrenched biases in favor of abor­ tigative projects. Almost 20 years after Koppel is conned by his former 10-year tion and sodomy. These are articles of Richard Nixon's resignation, the Wash­ producer Rick Kaplan into giving Clin­ faith for the dominant media culture. I ington press corps is still inspired by ton his own Nightline. They actually have a quote that I will read later from Watergate. It was the good war of the went into overtime. And that is when a journalist named Ethan something journalistic fraternity. A whole genera­ Mandy Grunwald gave them this line: up in Boston who says anybody who is tion now filling the major beats and "All I have been asked about by the pro-life today is an uncivilized person editor slots in many major news orga­ press are women I didn't sleep with and in this modern society. nizations, who are dreaming of being a draft I didn't dodge." But I will go with your two enduring the next Woodward and Bernstein, of Now, I do not know how to handle biases, against entrenched power, in the day when Dustin Hoffman or Bob this and follow House rules. Suffice to other words, circle the U-boats, the Redford or now Tom Cruise or Denzel say that there are two untruths in that wolfpack, tear down anybody who is in Washington or Holly Hunter would statement about the draft and Gennifer March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5467 Flowers. That line was written by access to a top-secret Strategic Air about this. He says, "Well, what it Mandy Grunwald, the daughter of a 25- Command reconnaissance aircraft from really was was that was where I carried year senior editor of Time. She could Diehl Air Force Base to spirit him off my luggage." But he had said in Lou­ not keep her mouth shut. Pride of au­ to Spain and back again? That should isiana, in front of all these workers, thorship caused her to claim that line have been dismissed out of hand. But that it was kind of a Southern thing, a 2 weeks later on the Style section front with a heavy heart, Mr. FOLEY wanted real sort of Southern deal, "I had page in the Washington Post. I am investigations, even though he did not astroturf in the back," he said to them, going to put that in. believe in it. gaping mouths from his aides standing Then I am going to put in from We dipped into the treasury again for at his side, "You don't want to know March this column that I found in the $30 million, just like the wasted money what I did." How do I handle this, what New York Times, and then those of you on the JFK assassination when all we I am putting into the RECORD? who want the CONGRESSIONAL RECORD had to do. was-that was multimillions D 1250 can go to the library in a few days. of dollars-all we had to do was, 25 Please do not call me, call your own years after the fact, wait for all of the Following up the January fake 13- Congressman for the CONGRESSIONAL files to finally be declassified and we minute 60 Minutes, and then Ted RECORD of March 18, 1994. And we will all found case closed. Lee Harvey Os­ Koppel 's gift to the campaign crushing go through some of these things to­ wald, not a right-wing Texas nut, a the draft-dodging charges, and then in gether, like in the Ted Koppel left-wing, pro-Castro, pro-Moscow com­ March, the suppression of all the Nightline show-and I have been mean­ munist boot-licking little Marxist, Whitewater; how does one handle what ing to call Ted about this-Clinton blew the head off with a lucky shot, his happened in June? calls himself a 23-year-old young man. third shot, of John F. Kennedy. Look A young student on MTV, and this Remember how that set me off in Sep­ at the millions of taxpayer money we was after his worst month of May, he is tember 1992, on the floor the next day. wasted on that. doing a comeback. Even though he has Young man? When I was 23, I was mar­ I am asking my fellow _Americans and won most of the primaries he is in a ried 2 years, had a second child born, a you, Mr. Speaker, and my colleagues, deep funk according to Mark Miller of third was on the way, and I was flying read the 11-page story in Time maga­ Newsweek who was inside the cam­ F-100 Super Sabres at George Air Force zine. Try to do an exegesis of the truth paign for 14 months, never had to write Base, ready to go and defend Hungar­ out of this. a word until after the race was over. ians, South Koreans, Vietnamese, any­ Time magazine has been falling all Deep funk in May, making a come­ body else who called. I was not a boy, over the First Lady for the last year back. Don Imus, Rick Caplan of ABC I was a man. and 2 months, and finally they are be­ advising him, all his friends, the other Later on, Clinton slips and calls him­ ginning to see that their journalistic Thomasons from Hollywood advising self a boy again, and then after a quick integrity is on the line. Get this cover him, makeup experts, hair stylists, $200 pause, says, "a young man." Twenty­ story: "Hard Times for Ms. Hillary." haircuts we never found out about. three? He never went to class at Now you can start to read with some June 16, 1992, he goes on MTV. He Rhodes, he is not a Rhodes Scholar. He basis of the trust what the news maga­ slips. He thinks he's only talking to was a Rhodes scholarship nominee. He zines are seeing now because they feel young people. They said, "O.K.," the never went to class the second year. a little bit shocked and shameful that moderator, "welcome back to 'Facing All he did was conduct teach-ins at he got a free ride on all the stuff that the Future' with Bill Clinton. A lot of London University, arranged dem­ is going to be difficult to discuss. people haven't had a chance to ask a onstrations that he coordinated here Look, I am not going to go into the question. What's your question for the with Strobe Talbott. Strobe Talbott's gory details of all the multiple Governor?'' brother-in-law, Derek Shearer, married womamz1ng charges and Young guy stands up, does not even Strobe's sister, who was a Rhodes countercharges, though I believe al­ give a prologue: Scholar over there. He has been nomi­ most every one of them. But it is tough "If you had to do it all over again, nated for Ambassador to Finland. That this way. When a person called me would you inhale?" is jammed up in the House now because once, sitting in for Rush Limbaugh, Applause, applause. raping of the truth. I am not going to and said, "This sounds tabloid, you Governor Clinton: "Sure, if I could. I comment on that advise and consent sound like a tabloid," I think my an­ tried before." role of the U.S. Senate. swer was pretty good, "Madam, when "I remember when George Bush, Jr., I held these up yesterday, Mr. Speak­ you discuss Bill Clinton's tabloid life, came to me and said, "We've got him, er. It demands, begs being said again: how can you not help but sound tab­ we've got him. We've got the video of LEE HAMILTON, one of the most distin­ loid?" this. It's in color. It's going to be a guished Members, calls for hearings on The SPEAKER pro tempo re (Mr. commercial all October." It shows him Whitewater, and ROSTENKOWSKI calls FILNER). The Chair must remind the to be-I have got to watch the adjec­ for Whitewater hearings. gentleman the House rules prevent of­ tives now-it shows him to be insincere I am going to put in some of the dis­ fensive remarks toward the President. and disingenuous on the pot smoking tinguished Speaker's own remarks, Mr. DORNAN. Aye, aye, aye, right. when he says he did not inhale: even though he did not believe in the When you discuss Bill Clinton's intri­ "Sure, if I could; I tried before." October Surprise and that George Bush cate, complicated life, how can you not That spot never ran in October be­ was zipping across the Atlantic on an help sounding like a tabloid? Is that cause all the Bushes were so hammered SR-71. OK? I guess it is. that they were gun shy on crime, their Do you know what one of my young I am going to put in also yesterday's best issue, gun shy on draft dodging, staffers told me today that I missed Wall Street Journal, St. Patrick's Day: gun shy on any S&L story, gun shy on last night? Jimmy Carter was the "Tyson's Foods, with a Friend in the Whitewater, and somebody got a free President during the 1980 election. How White House, Gets Gentle Treatment ride into the White House. in the name of God did we waste $30 from Agricultural Agency." Handsome As I said in September 1992, it will all million on Gary Sick's stupid book picture of John Tyson, handsome pic­ come out when he picks up, in my very charging that George Bush had access? ture of Bill Clinton, handsome picture words, with the radio activity of the He was not even a public figure then. of our former colleague, Mike Espy. title: "Leader of the Free World." I He was retired from everything: U .N., This thing is now so intricate. How do should have left out "free." Just leader China envoy, head of the party, U.S. you handle this with parliamentary of the world. There are no other lead­ Congressman. It was all behind him. He procedure? Here is Bill Clinton talking ers. was a private citizen running for the about the astroturf in the back of his TOM FOLEY's quote, our distinguished Presidency in 1980. How would he get pickup truck. He is hit on a radio show great Speaker, is right here. First let 5468 CONGRESSIONAL RECORD-HOUSE March 18, 1994 me say that when I cover these cat­ The Clinton administration is on the There was no objection. egories of White House arrogance, of Fiske carpet, and they are on the BOB Accordingly (at 10 o'clock and 39 who was playing politics, of hypocrisy, DORNAN carpet. minutes p.m.), under its previous order, and occasionally bring a column as this Mr. Speaker, I shall return next the House adjourned until Monday, goes along like Mona Charen's today, I week. March 21, 1994, at 12 noon. think the American people-well, let me quote Bill Clinton. "It is important to remember that RECESS the most irresponsible people of all in The SPEAKER pro tempore. Pursu­ the eighties were those at the top, not EXECUTIVE COMMUNICATIONS, ant to clause 12, rule I, the Chair de­ ETC. those who were doing the worst, not clares the House in recess subject to the hard-working class, but those who the call of the Chair. Under clause 2 of rule XXIV, execu- sold out savings and loans with bad Accordingly (at 12 o'clock and 55 tive communications were taken from deals.'' minutes p.m.) the House stood in recess the Speaker's table and referred as fol­ That was the day he declared, on my subject to the call of the Chair. lows: half birthday, October 3, 1991. That is, 2792. A communication from the President let us see, May, June, July, August, of the United States, transmitting his re­ September, less than 5 months after 0 2238 quest for emergency fiscal year 1994 supple­ the charges of Paula Jones. mental appropriations totaling $103 million Let me tell my colleagues something AFTER RECESS in budget authority for the Departments of else. Bill Clinton would not be the The recess having expired, the House Commerce, Housing and Urban Development, President of the United States if Rick the Interior, Labor, Transportation, and Vet­ was called to order by the Speaker pro erans Affairs, and the Corporation for Na­ Caplan had not given the Colonel tempore [Mr. BROOKS] at 10 o'clock and tional and Community Service, pursuant to Holmes letter to Clinton. He gave it to 38 minutes p.m. 31 U.S.C. 1107 (H. Doc. No. 103-224); to the him. It was given to ABC as an exclu­ Committee on Appropriations and ordered to sive for the electronic media, an exclu­ be printed. sive to the Wall Street Journal. Wall SPECIAL ORDERS GRANTED 2793. A letter from the Secretary of Heal th Street Journal, Jeff Birnbaum, got his By unanimous consent, permission to and Human Services, transmitting a draft of nose in the air. He had gotten into a address the House, following the legis­ proposed legislation entitled "Community little jealous tiff that they gave it to a Services Block Grant Amendments of 1994"; lative program and any special orders to the Committee on Education and Labor. network, so he started to play down heretofore entered, was granted to: the story. Rick Caplan gave Clinton (The following Member (at the re­ the Colonel Holmes letter for 3 days to quest of Mr. FILNER) to revise and ex­ digest it, for Mandy Grunwald to write tend his remarks and include extra­ these three lines, for James Carville neous matter:) REPORTS OF COMMITTEES ON and Steffie to game plan it, work it, Mr. OWENS, for 5 minutes, today. PUBLIC BILLS AND RESOLUTIONS massage it, and then he went to Ted Under clause 2 of rule XIII, reports of Koppel, 18 percent New Hampshire, in committees were delivered to the Clerk free fall, and he gets his own personal EXTENSION OF REMARKS for printing and reference to the proper Nightline, and then they go into over­ calendar, as follows: time like he's Winston Churchill, Mar­ By unanimous consent, permission to garet Thatcher or Helmut Kohl. It was revise and extend remarks was granted Mr. MILLER of California: Committee on unbelievable. to: Natural Resources, H.R. 3516. A bill to in­ October 3, that was his second kick­ (The following Member (at his own crease the amount authorized to be appro­ request) and to include extraneous priated for assistance for highway relocation off. The first day, October 2, he had a regarding the Chickamauga and Chattanooga press conference to condition the press. matter:) National Military Park in Georgia; with an All they talked about were the mul­ Mr. DORNAN in five instances. amendment (Rept. 103-437). Referred to the tiple adulteries. He said this is going to (The following Members (at the re­ Committee of the Whole House on the State come out on everybody. It never came quest of Mr. FILNER) and to include ex­ of the Union. out on Harkin, on Kerrey, on Tsongas, traneous matter:) on Jerry Brown. What did he mean it Mr. LANTOS in two instances. was going to come out on everybody? Mr. MFUME. Like it was all made up? (The following Members (at the re­ PUBLIC BILLS AND RESOLUTIONS Wait until I read next week the lines quest of Mr. DORNAN) and to include ex­ of Hillary Clinton on that special 13- traneous material:) Under clause 5 of rule X and clause 4 minute " 60 Minutes" show to Steve Mr. MEEHAN. of rule XXII, public bills and resolu­ Croft's face, one distortion of the truth Mr. WAXMAN. tions were introduced and severally re­ after another. ferred as follows: Here is another Clinton line. This By Mr. WAXMAN (for himself, Mr. was that same kickoff day. Remember SENATE BILL REFERRED SYNAR, and Mr. TORRES): he had a private meeting at the Press A bill of the Senate of the following H.R. 4091. A bill to amend the Federal Club with the press, talked about all Food, Drug, and Cosmetic Act to revise the title was taken from the Speaker's authority under that act to regulate pes­ the adulteries hoping that he could get table and, under the rule, referred as ticide chemical residues in food; to the Com­ himself inoculated and that they would follows: mittee on Energy and Commerce. not bring it up the next day. Worked S. 1458. An act to amend the Federal A via­ By Mr. BROOKS (for himself, Mr. ED­ like a charm. On October 3 he got to tion Act of 1958 to establish time limitations WARDS of California, Mr. HUGHES, and talk S&Ls. on certain civil actions against aircraft man­ Mr. SCHUMER): Here is another Clinton quote for the ufacturers, and for other purposes; to the H.R. 4092. A bill to control and prevent day: Committee on the Judiciary and t he Com­ crime; jointly, to the Committees on the Ju­ " When the ripoff artists looted our mittee on Public Works and Transportation. diciary, Education and Labor, Energy and S&Ls, President Bush was silent. In Commerce, Banking, Finance and Urban Af­ the Clinton administration, when peo­ fairs, and Government Operations. ADJOURNMENT By Mr. CONYERS: ple sell their companies, and their H.R. 4093. A bill to secure the vot ing rights workers and their country down the The SPEAKER pro tempore. Without of fo rmer felons who have been released from river, they will get called on the car­ objection, the House stands adjourned incarcerat ion; to the Committee on the Judi­ pet," until 12 noon Monday next. ciary. March 18, 1994 CONGRESSIONAL RECORD-HOUSE 5469 By Mr. GEKAS (for himself, Mr. SCHU­ eral employees; to the Committee on Post R.R. 3943: Mr. QUINN, Mrs. FOWLER, Mr. MER, Mr. FISH, Mr. HYDE, Mr. SCHIFF, Office and Civil Service. MCHUGH, and Mr. KLUG. Mr. RAMSTAD, Mr. RAHALL, Mr. R.R. 4050: Mr. HOAGLAND and Mr. MCCURDY. MCDADE, Mr. HASTINGS, Mr. JOHNSON R.R. 4078: Mr. MANZULLO. of Georgia, Mr. SHAW, Mr. SAXTON, ADDITIONAL SPONSORS H.J. Res. 317: Mr. PICKETT, Mr. BUYER, and Mr. KREIDLER, Mr. QUINN, Mr. Ms. WOOLSEY. POSHARD, Mr. POMEROY, Mr. BATE­ Under clause 4 of rule XX.II, sponsors H. Con. Res. 202: Mr. RAMSTAD and Mr. MAN, Mrs. BYRNE, Mr. WOLF, Mr. were added to public bills and resolu­ GILLMOR. COOPER, Mr. HILLIARD, Mr. GENE tions as follows: GREEN of Texas, Mr. GOODLING, Mr. R .R. 417: Mr. FISH, Mr. BROWN of Ohio, and WALSH, Mr. ROYCE, Mr. STEARNS, Mr. Mr. DEAL. DISCHARGE PETITIONS­ BARRETT of Wisconsin, Mr. R.R. 672: Mr. PAYNE of New Jersey. ADDITIONS OR DELETIONS FINGERHUT, Mr. PETE GEREN of R.R. 955: Mr. PICKLE. Texas, Mr. REYNOLDS, Mrs. THURMAN, R.R. 1671: Mr. SHUSTER, Ms. LAMBERT, Ms. The fallowing Members added their Mr. CRAPO, Mr. DOOLITTLE, Ms. LONG, Mr. HUTTO, Mr. MCCRERY, and Ms. names to the following discharge peti­ SLAUGHTER, Mr. LIPINSKI, Mr. SLAUGHTER. tions: FILNER, and Mr. FROST): R .R. 2544: Mr. GLICKMAN, Mr. MARTINEZ, Petition 11 by Mr. RAMSTAD on House H.J. Res. 342. Joint resolution designating Mr. MCNULTY, Mr. KLEIN, Mr. NADLER, and Resolution 247: Tom DeLay and Larry Com­ April 24 through April 30, 1994, as "National Mr. FISH. best. Crime Victims' Rights Week"; to the Com­ R.R. 2569: Mr. TORKILDSEN. Petition 12 by Mr. TRAFICANT on R.R. mittee on Post Office and Civil Service. R.R. 2927: Mrs. THURMAN. 3261: James M. Inhofe. By Mr. DORNAN: R.R. 3546: Mr. HEFNER, Ms. LONG, Mr. Petition 13 by Mr. SMITH of New Jersey on H. Con. Res. 227. Concurrent resolution ex­ STEARNS, Mr. SARPALIUS, Mr. MYERS of Indi­ House Resolution 281: Gene Taylor, J. Dennis pressing the sense of the Congress with re­ ana, Mr. MACHTLEY, and Mr. SPRATT. Hastert, J. Alex McMillan, Sonny Callahan, spect to protecting the privacy rights of Fed- R.R. 3795: Mr. GINGRICH. Bill Archer, and Dave Camp.