EXTENSIONS of REMARKS 32685 EXTENSIONS of REMARKS the PRESIDENT SHOULD SIGN Taken in the Wylie Substitute
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November 18, 1987 EXTENSIONS OF REMARKS 32685 EXTENSIONS OF REMARKS THE PRESIDENT SHOULD SIGN taken in the Wylie substitute. However, I be By offering art and cultural activities to stu THE HOUSING BILL lieve the conference report represents a fair dents, the organization provides opportunities compromise, and I urge the Senate and the to broaden learning experiences, helping stu HON. DAVID DREIER President to support this important legislation. dents to live and grow in an environment rich OF CALIFORNIA with a diversity beyond the academic sphere. IN THE HOUSE OF REPRESENTATIVES A TRIBUTE TO THE BUREAU OF The Bureau has devoted itself to enriching Tuesday, November 17, 1987 JEWISH EDUCATION OF THE the lives of those it has served, a goal it has JEWISH FEDERATION COUNCIL excelled at achieving through the years. In the Mr. DREIER of California. Mr. Speaker, American tradition of upholding education as a today, the Senate will be considering the con OF LOS ANGELES ON ITS value vital to our future, this organization has ference report to the Housing and Community GOLDEN ANNIVERSARY Development Act of 1987. As a member of provided important opportunities to the Jewish the Housing Subcommittee, I would like to HON. HOWARD L. BERMAN community of Los Angeles for 50 years. It is urge my colleagues in the other body to sup OF CALIFORNIA our distinct pleasure to join with our col- port the conference report. I would also like to . leagues to honor the Bureau of Jewish Educa urge the President to sign the measure into HON. HENRY A. WAXMAN tion of the Jewish Federation Council. law. Although far from perfect, it is a signifi OF CALIFORNIA cant improvement over H.R. 4 as passed by · HON. MEL LEVINE the House in June. OF CALIFORNIA First, I would like to say that I think that the House Republicans did a terrific job on this HON. ANTHONY C. BEILENSON A TRIBUTE TO PATRICK E. bill. We held tough in the face of tremendous OF CALIFORNIA McDONALD pressure to accept an expensive and defec IN THE HOUSE OF REPRESENTATIVES tive hous~ng authorization bill. While some within the housing industry were demanding Tuesday, November 17, 1987 HON. RICHARD H. STALLINGS that we accept a budget-busting bill that Mr. BERMAN. Mr. Speaker, we rise today to OF IDAHO would essentially reregulate the housing in ·pay tribute to the Bureau of Jewish Education dustry, we Republicans were working diligently of the Jewish Federal Council of Greater Los IN THE HOUSE OF REPRESENTATIVES to turn H.R. 4 into a prohousing, market-ori Angeles on the occasion of its golden anniver Tuesday, November 17, 1987 ented bill. sary. For 50 years, this organization has dedi In my view, the $15 billion price tag is still cated itself to providing central educational Mr. STALLINGS. Mr. Speaker, I would like too high given that the level of the Federal planning for the Jewish community of the Los to take this opportunity to commend Patrick E. deficit threatens economic growth. There is no Angeles area. Beginning with a gala celebra McDonald of Idaho Falls, ID, who has been level of funding that would offset the damage tion on December 3, 1987, events commemo promoted to the rank of captain in the Idaho that will be done to the housing industry rating this most important occasion will be State Police. He is currently commander of should there persistent deficits lead to an eco held through June 1988. District Six, which covers eastern Idaho. nomic recession. For one-half century, this prominent organi Captain McDonald has devoted the past 20 But, on balance, the conference report is, at zation has served the educational needs of years to law enforcement and criminal justice, least, a step in the right direction. The funding Los Angeles' Jewish community. The bureau baginning his career with the Idaho State level is a billion dollars lower than H.R. 4, and has established and maintained educational Police at Cotterell Port of Entry. He then we will actually save about $360 million if the standards, developed curricula, and trained became a trooper and was stationed in the President does not veto this bill. The confer and certified some 1,000 teachers. The southern Idaho town of Glenns Ferry. ence report also allows the manufactured achievements of this organization are excep In 1972, McDonald moved to Boise, ID, housing industry to remain competitive with tional and important. where he was assigned as one of the State's onsight homebuilders. It puts more emphasis Through scholarship programs providing first motorcycle officers. In 1980, he was pro on vouchers and rehabilitation of the existing needed financial assistance to students and moted to sergeant and in that same year housing stock, and less emphasis on expen through special education instruction made moved to Idaho Falls where he currently sive and inefficient new construction subsi available to students with learning disabilities, serves. Five years later, he was promoted to dies. the bureau has successfully helped to meet lieutenant, and assigned as commander of But most important, it contains a number of the academic needs of the community's Idaho State Police District Six. provisions to strengthen the FHA mortgage in youth. Not only are 25,000 children of all ages McDonald is a graduate of the College of surance program, which I strongly support. coordinated through the diverse programs of- Southern Idaho, the Federal Law Enforcement These changes are needed to ensure that fared by the bureau, but parent education pro Training Center at Glenco, GA, and the Cali FHA continues to meet the mortgage financ grams provide a bridge between the school ing needs of low- and moderate-income and the home, a service which exemplifies the fornia Highway Patrol Academy in Sacramen homebuyers. value of the role played by the bureau in our to. In 1986 he graduated from the prestigious First, the conference report includes an society. FBI National Academy in Quantico, VA. He is amendment which I coauthored to increase Services provided by the bureau extend well a frequent lecturer to law enforcement organi FHA's mortgage insurance ceiling from beyond the classroom. Programs aimed at im zations, and a regular speaker to community, $90,000 to $101,250 for homebuyers in high migrants from countries such as Russia and civic, and school groups. cost areas. It also permanently extends FHA's Iran help to familiarize them with American so McDonald is currently majoring in corporate authority, which will guarantee the continued ciety, preserving and enriching American training at Idaho State University. His areas of viability of the program by removing it from Jewish culture. Social action projects involve specialty include training in critical incident the political uncertainties that it continually students with timely issues which affect them management, post-traumatic incident reaction, faces in Congress. as members of the Jewish and American and special weapons and tactics. Mr. Speaker, I would have preferred to see communities, enabling them to gain a better Captain McDonald and his wife Sarah Jane a housing bill which incorporates the approach understanding of their culture and their nation. have three children. e This "bullet" symbol identifies statements or insertions which are not spoken by a Member of the Senate on the floor. Matter set in this typeface indicates words inserted or appended, rather than spoken, by a Member of the House on the floor. 91-059 0-89-25 (Pt. 23) 32686 EXTENSIONS OF REMARKS November 18, 1987 DIVERSE INSURANCE INDUSTRY "Our feeling is that there ought to be He added that the banking industry VOICES CITED equal access to a.ll of these industries from "plays a critical role in society in providing any industry, including non-financial serv for absolute safety for individual depositors. ices industries. Tha.t is as long as a company The insurance business requires other HON. JAMES J. FLORIO can demonstrate a certain level of capital," skills," he said. "The safety of the banking OF NEW JERSEY Mr. Brown said. system is best preserved if it remains dedi If a company owns several financial serv cated to the banking business." IN THE HOUSE OF REPRESENTATIVES ices concerns, Mr. Brown said regulation In addition, Mr. Berring on said unisex Tuesday, November 17,°1987 should be on a "functional basis. In other rates result in subsidization of individuals words, an insurance subsidiary would come whose loss histories don't justify the lower Mr. FLORIO. Mr. Speaker, the insurance in under federal insurance regulation, a bank rate. You have low-loss groups subsidizing dustry is an important industry with many ca ing subsidiary under banking regulations, high-loss groups, and that eviscerates the pable leaders and much diversity. In these etc., rather than the regulations affecting concept of insurance.'' times of uncertainty and rapid change in finan just the parent company. cial markets, it is important for us in Congress "We have to do away with the crazy quilt to keep up with the different views of insur of regulations that we have today," he ex A TRIBUTE TO MR. WILLIAM plained. BOYERS ance industry leadership. An article from the The overall position of the insurance in Journal of Commerce, which I am inserting in dustry is to fight any possible entry of the RECORD, focuses on the perspective of banks into insurance business. John Han HON.EDOLPHUSTOWNS John Hancock Mutual Life Insurance Co. cock does not ta.ke tha.t view, Mr. Brown OF NEW YORK said. [From the Journal of Commerce, Nov. 3, IN THE HOUSE OF REPRESENTATIVES 19871 "Our position is if banks are to be allowed access to expanded insurance powers, insur Tuesday, November 17, 1987 JOHN HANCOCK: INDUSTRY'S BLACK SHEEP ers will be given a quid pro quo.