Kaptur’s On Fire
Congresswoman Marcy Kaptur of Ohio’s 9th District is absolutely on fire. Once again Kaptur takes to the floor of the House to deliver yet another outstanding address on the current financial crisis…
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September 24th, 2008 at 7:13 pm
YES!!!
Clawing her way through the trenches, Go get’em Marcy!!
Makes me wonder how they came up with Mud-Hens??? hmm…….
September 24th, 2008 at 7:16 pm
Wonderful, finally a glimpse of sanity.
September 24th, 2008 at 7:22 pm
No breakdancing with this one?
She’s still amazing. Despite her apparent lack of mad dance skillz. But who knows? I could be wrong. Perhaps next time she steps up to the mic she’ll start beatboxing. Though I would argue that watching her speak is just as good.
September 24th, 2008 at 7:47 pm
Wow. The most senior woman in Congress. 25 years and still giving them hell. Kudos.
The House is home to some real screwballs. It’s nice to see someone that doesn’t fit into that category.
September 24th, 2008 at 7:51 pm
Can anyone imagine a head to head debate between her and Sarah Palin??? I would pay to see that!
September 24th, 2008 at 7:55 pm
She is my favorite politician ever.
September 24th, 2008 at 8:00 pm
This congresswoman is not your typical cliché politician. She definitely has absolutely no persona of BS about her and she tells it like it is. What she is saying is a no brainier as to how and fix this crisis, plus prevent it from ever happening again.
Hopefully Americans and her fellow members of congress take notice of what she is saying.
September 24th, 2008 at 8:16 pm
[quote comment="66345"]This congresswoman is not your typical cliché politician. She definitely has absolutely no persona of BS about her and she tells it like it is. What she is saying is a no brainier as to how and fix this crisis, plus prevent it from ever happening again.
Hopefully Americans and her fellow members of congress take notice of what she is saying.[/quote]
Now THAT is a pitbull with lipstick. You can tell it comes from her heart. Take that Palin.
And yes, we can only HOPE Americans are listening.
September 24th, 2008 at 9:27 pm
palin’s comments are genuinely frightening, i feel like i’m trapped in frank grimes world after watching this…
http://www.youtube.com/watch?v=Vbg6hF0nShQ
mccain is trying to push back both the presidential AND VP debates, it isn’t hard to see why.
September 25th, 2008 at 5:04 am
She has another speech in a blue shirt, equally good, referring to the Feds as “Mamma.” Her emotion is incredible and I hope she can swing it.
Thank you for posting it. I found another logical rant, proving that things are fishy, such as the rush to bail out but the proposal was months in the making, if you’d like it posted.
September 25th, 2008 at 10:43 am
Yeah, she’s on fire alright… “Off with those corporate fat cats’ heads!!!” Right?
…Oh, wait a minute… Hey Marcy, did you mention the billions that the US taxpayers stand to gain in interest from these loans? No? Oops. Well grab your calculator and figure out what Libor 8.5% on $85bn is.
I see one of two things here. Either good ol’ Marcy doesn’t have a firm grasp of economics (in which case she probably shouldn’t scream and pound her fists indignantly about things she doesn’t understand). Or, she does understand and is simply politically grandstanding. Either way, you are part of the problem Marcy, not the solution.
September 25th, 2008 at 11:01 am
[quote comment="66412"]
I see one of two things here. Either good ol’ Marcy doesn’t have a firm grasp of economics (in which case she probably shouldn’t scream and pound her fists indignantly about things she doesn’t understand). Or, she does understand and is simply politically grandstanding. Either way, you are part of the problem Marcy, not the solution.[/quote]
Can you explain how her economics is off? I am well aware that the media has been loving this fear that the world will collapse if the bail-out does not go through.
She brings up many interesting points and that is, the taxpayers will lose their homes, foot the bill, and the bail-out money could very well go to the execs who run and hide.
What attention would “Congress has been lied to by the Fed Reserve and US Treasury” gain if the markets are highly unstable and the FBI has been arresting people for Wall Street fraud? Not as much as “The world will end of Congress does not bail out the financial wizards of Wall Street”
And you have to admit, the timing is pretty peculiar too, they’ve not just proposed this, it has been months in the making! Months! And they’ve known of economic troubles ahead back as early as February.
Here’s an interesting review of the situation, not just reading “end of the world” news articles.
http://www.youtube.com/watch?v=JjRiEVuzTYw
http://www.youtube.com/watch?v=kLozqoh41F0
Just be OPEN to the possibility that what has been shared to the media may not be 100% true!
You don’t have to believe it, only acknowledge that maybe, just maybe, there is something going on that we’re not in the loop about.
September 25th, 2008 at 12:23 pm
You go girl…….OMG and she’s a blonde with brains……..
September 25th, 2008 at 12:46 pm
[quote comment="66412"]Yeah, she’s on fire alright… “Off with those corporate fat cats’ heads!!!” Right?
…Oh, wait a minute… Hey Marcy, did you mention the billions that the US taxpayers stand to gain in interest from these loans? No? Oops. Well grab your calculator and figure out what Libor
8.5% on $85bn is.
I see one of two things here. Either good ol’ Marcy doesn’t have a firm grasp of economics (in which case she probably shouldn’t scream and pound her fists indignantly about things she doesn’t understand). Or, she does understand and is simply politically grandstanding. Either way, you are part of the problem Marcy, not the solution.[/quote]
Actually, she outlines a plan in the video. And ’stand to gain’ and ‘gain’ are two entirely different things - not to mention that in the process many corporate White Knights will skate away from this unscathed.
September 25th, 2008 at 1:36 pm
[quote comment="66412"]…Oh, wait a minute… Hey Marcy, did you mention the billions that the US taxpayers stand to gain in interest from these loans? No? Oops. Well grab your calculator and figure out what Libor
8.5% on $85bn is.[/quote]
That’s so cute–you’re trying to use Economics 101. Is this your first bailout?
The first rule of bailouts is that the government can never make a profit. That would be “socialism”. Any profitable assets will be sold at bargain prices back to the private sector, and the public will absorb the money-losing or fictitious assets. The Treasury Secretary, who has full control of the bailout, is a former CEO of Goldman-Sachs; he will spend several months behind closed doors with his friends and former colleagues. Do you honestly think the government will benefit financially from that?
Don’t believe me? Let’s look at Reagan’s Savings & Loan bailout. Basically identical as this one on a smaller scale. It turned the US from the world’s leading creditor to the world’s leading debtor with one stroke of the pen, and it has never been remotely profitable for the public.
September 25th, 2008 at 4:55 pm
This is very good, 1600 companies in trouble, 165 economists in Chicago (PhD’s) all say 700 billion won’t work.
Watch this, it’s in English for us non-expert-economists
http://www.youtube.com/watch?v=qxnKdtm_-cY
September 27th, 2008 at 5:19 am
The decision has to be made relatively quickly because you have some serious banks with some serious debt that can’t be sold. Hence, the WAMU breakdown. If they had agreed to a similar package earlier in the week, it would have bought WAMU time to re-organize. JP Morgan KNEW they were the only ones to help WAMU and unfortunately, because of filibustering, Chase has its hands on WAMU. SHAME!!! I have no idea what she is talking about regarding secret deals and behind closed door talks. Or the in debt for generations. The plan CLEARLY does not call for taxpayer funding.
The issue is that most Senators and Congress don’t have a clue about Economics. Hence, only a few members might actually grasp the economic theories at play here. Also, the banking system hasn’t collapsed!! COMPLETELY FALSE If the banking system were to collapse, there would be NO cash, no funds on deposit etc. This finance issue has NOTHING to do with funds on deposit (UNLIKE the ’20s crash). Its is EXTREMELY unlikely that the banking system would EVER collapse given our treasury fund.
The privatization of the gains is the only ONE way the treasury will be recouping their loss. The loss will be through the treasury NOT taxpayers. Not through cuts in social programs. I think that she is confused. And if she wants MY GOVERNMENT to control OUR FREE MARKET she can defect to a communist country of HER choosing. HOW DARE SHE TRY TO CONTROL A FREE MARKET!!!! She’s NOT an American! She’s a flipping Socialist!! Wall Street has NOTHING to do with job creation in Ohio, Michigan etc.
HOLY CRAP!! I can’t believe she wants Justice department intervention!!! She knows NOTHING of our Constitution!! Her ideas in her speech just violated two parts of the Constitution!! WTF?? I think I have to send her a copy of my portable US Constitution. I feel like I have been punched in the gut.