McCotter on Fox Business Opposing Public Bailout

[DrNo420]

why cant i see the video

i cant watch this video pf

[EasyE38]

Mcotter is amazing, so smart, sharp, and in touch, mccotter for pres in 2012, i really like this guy

[edenic]

Reincentivisation? Backstops..0 capital gains..well that means the Russians and th oil rich Arabs will be buying on YOUR debt, ineffect owning Your homes, workplaces and not caring a fig about you as people becuase they don't belong to your society. they will be dancing at your humiliation and making zero contribution to your treasury too, The Rep who vote against this as a so called "red" way

out will be vilified in years to come as the stupidest people ever.

[scapeore]

A true patriot!

I choose the liberty and freedom of our republic over the fear and greed of the market!

Thank you Congressman Thaddeus McCotter for your the brave stand you took to oppose HR 3997!

I am now awake and engaged!

[grimscar]

I wish McCotter was my Representative!

[touredo]

I read banks will not need to keep deposit levels anymore under this bill, their level of required deposit will go from current 3% minimum down to 0%, wich means infinite leverage. Now I know why Goldman transformed into a "regular" bank overnight. Crooks.

[raypsi]

So they going to give away all your money and your childrens childrens childrens money too. The way the bill is being wrote, they going to give carte blache with no oversight or public accountability

[Cagirlde]

The Mark to Market portion of Sarbanes-Oxley is what is killing the financial firms. When Merrill Lynch bought the paper for $30 billion of subprime loans they couldn't sell them because the M to M had them restate the worth of the assets. Thus when they couldn't sell them except at 22cents on the dollar they were in trouble. Do you know any house that loses as it stands, same condition, 80% of its value NO. So Merrill Lynch died. Get rid of that law and unfreeze the market.

[daja2k]

Welcome to the GOP's America. Hope you had a nice eight year ride, McCotter.

[Franzko787]

This guy is outstanding.  He knows his stuff. Most politcians are clueless.