Elizabeth Warren Introduces COP's March Report

In this video, Chair Elizabeth Warren of the TARP Congressional Oversight Panel introduces the COP March report, "The Unique Treatment of GMAC Under TARP." The full report is available online at http://cop.senate.gov/reports/library/report-031110-cop.cfm

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News & Politics

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• cop031010

[whippoorwillss]

Elizabeth Warren I would like to thank you in person and shake your hand. We need a hell of a lot more people like you in government. Thank you so very much...PLEASE keep speaking out even if they sack you.

[DavidAKZ]

I wonder if the GMAC story has anything to do with Toyotas' current 'issues'. Toyota have only been making safe, economic innovative cars for about 100 years

[papaneuf]

Written after the formation of the federal reserve in 1913, this poem nails it down..two posts

Birds of Prey

Their shadow dims the sunshine of our day,

As they go lumbering across the sky,

Squawking in joy of feeling safe on high,

Beating their heavy wings of owlish gray.

They scare the singing birds of earth away

As, greed-impelled, they circle threateningly,

Watching the toilers with malignant eye,

[patnais102]

Another company where the government is a ''reluctant share holder'' I like this expression , in other words we pay but we have nothing to say on what's going on in the company. Elizabeth Warren is a great person , I discovered her 1 years ago in her presentation on the coming collapse of the middle class I was stunned to see her doing earing on c-span.

[unameitltd]

a new fiat currency backed by nothing would just wipe out poor dollar holders enrich rich dollar asset holders and restart the bankster game of debt slavery

back to zero.

Americas fiat debt slavery began the day Nixion delinked the dollar from exchange for gold at $35 an oz in 1971.

What has followed has been a 39 year debt binge with money created out of thin air.

[sonnybrakes]

this is exactly how i see it to.

[bertly71]

Just another example of the government picking winners and losers. That is bad business from an entity that is 14 trillion dollars in debt itself. Balancing ones books is a basic business rule that real businesses need to follow. GM needs to go into bankruptcy like any other company would.

[1mealperday]

without jobs we can buy NOTHING.