The speaker pro tempore on this vote the yeas are 228, the nays are 164. The bill is passed. Without objection, the motion to reconsider is laid on the table. The speaker pro tempore for what purpose does the gentleman from louisiana seek recognition . Thank you, mr. Speaker. Mr. Scalise i ask unanimous consent to speak out of order for inquiring of the majority leader the schedule of next week. The speaker pro tempore without objection. Mr. Scalise thank you. I also ask unanimous consent to revise and extend my remarks. The speaker pro tempore without objection. Mr. Scalise with that, id be happy to yield to my friend, the gentleman from maryland, the majority leader of the house. Mr. Hoyer i thank the gentleman for yielding. Mr. Speaker, on monday the house will meet at 12 00 p. M. For legislative business. Members are vezzed that votes are expected are advised that votes are expected as early as 2 00 p. M. I want to repeat. That were going in at 12 00, votes can be as early as 2 00
Will this affect things with a Gold Standard on that . First what force is off the Gold Standard supposedly . We were not playing by the rules with the Bretton Woods system at 35 an ounce. Nixon was worried about reelection in the economy was not responding quickly enough so the theory was out there it would boost the economy in for one year they put in wage price controls then the economy crashed so it was bad intellectual theory but not their real crisis any of the economic problems were small compared to the crisis we had in the past there was no sensible reason to do its with that industrial use of gold it is a small fraction and reusing less we dont use it anymore for fillings once upon a time we had gold and silver. So for most gold is for store of value and ornament but nothing to do say we need all 5. 5 billion dances for industrial use it is too valuable to use we found cheaper and better ways to fix our teeth. Any other questions . If not, thank you very much and we will go t
If you dont have stable money then things stay the same. Touche short questions. Was nixon faced with . What did he feel he had to do . Gold has increasing industrial uses we all know about the uses is space how will this affect things with a Gold Standard on that . First what force is off the Gold Standard supposedly . We were not playing by the rules with the Bretton Woods system at 35 an ounce. Nixon was worried about reelection in the economy was not responding quickly enough so the theory was out there it would boost the economy in for one year they put in wage price controls then the economy crashed so it was bad intellectual theory but not their real crisis any of the economic problems were small compared to the crisis we had in the past there was no sensible reason to do its with that industrial use of gold it is a small fraction and reusing less we dont use it anymore for fillings once upon a time we had gold and silver. So for most gold is for store of value and ornament but
You make of very, very very fundamental point. What we think of a rising cost like energy is really the devaluation of the dollar and future fears of devaluation. With that Silver Dollar if you flip on this table you here at a nine piece loudest sound that is how we got the phrase sound money. [laughter] mr. Forbes whittier thoughts of the concentration of the Banking Industry consolidation in your the concentration of deposits . It is one thing to get consolidation as a result of Natural Forces of the marketplace it is another when it is a result of a regulation and fiat. In the first part of the history we had extra banks because of regulation but when bankamerica the original one started in california when he took the bank across state lines using a big Holding Company to get around restrictions if you own a bank in one state cannot o one in another so Congress Passed an act to prevent him but today dodd frank had the implicit purpose to drive small banks of business. They will tell
Privacy rules. After a leaked audit revealed it happened thousands of times last year, one republican senator wants the court to step in. The British Government gave the u. S. Advanced information. Miranda detained under antiterror legislation yesterday. Closing arguments in the sentencing part of the Bradley Manning trial. Army private could get up to 90 years in prison. The judge said they were dangerous. Manning found guilty of espionage, theft and computer fraud. Unrest raging in egypt nearly a week after government crack down of protesters of ousting of president morsi. Former president morsi will be held for 30 dies. White house is calling for his release. It would include politically motivated detention of former president morsi. Morsi led Muslim Brotherhood to sitting camps by the interim government. That violence has killed hundreds around the country. As president obama has said, we are reviewi ining every aspef our relationship. Meanwhile, Hosni Mubarak could be released lat