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Rep. Mel Watt - Solutions for the Market Crisis

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Uploaded by on Sep 24, 2008

Today the House Financial Services Committee held a hearing entitled, "The Future of Financial Services: Exploring Solutions for the Market Crisis." The hearing examined the Bush Administration's capital markets intervention proposal.

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  • Mell Watt has removed all the salient portions of HR1207 Audit The Fed and left an empty bill with a title that the vast majority of Americans have already rallied around in the hopes of exposing the banksters and the robber barons of this modern age that are using corporatism (not capitalism) to steal food from the tables of the poor and the middle class and to turn millionaires into billionaires, and to turn billionaires into trillionaires.

  • Mel Watt didn't vote to end ACORN funding.

    It is apparent that he is part of the problem in this country.

    How much money and political support does he get from ACORN, it's supporters and affiliates? Why does he protect their child slavery practices?

    I think Mel Watt should be criminally investigated and imprisoned if necessary.

  • Please no bail out.

    If investors thought those companies were worth their balance sheets, they would buy their stock. We don't need to "invest" public money and double the debt, which will give us terrible inflation!

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