Sen. Ted Kaufman Introduces COP's January Report

[43837388]

Have no fear. We will bail them out time and time again.

No consequences for failing means just that.

But hey they are making billions and have created many new jobs.

Just not for the people that are paying for their mistakes.

Maybe next time China Brazil and India can bail them out for the economy they brought to them. Somehow I doubt these countries reward failing business as we do here in the west.

[johnboysrevenge]

Where has the Congressional Oversight Panel been all these years? What "teeth" do they have to solve the mismanagment, fraud, and abuse, by government? Seems like they're just a reporting panel. Or at worst, COP slaps the greedy hand combined with an apology for slapping afterward. The main word that comes to mind regarding COP's purpose is "useless"

Who votes for these people? Awww thats right... WE DO! What were we thinking!

Here's another useless panel to disband and send home.

[charloteer]

TBTF = rich people getting richer and poor people getting poorer

[UU361]

All one can do now is shake their head and laugh, The whole US eCONomy is based on fraud, scams, lies, Ponzi schemes, FED money printing, Government spending and BS. This is not going to end well.