Comments on: Lack Of TARP Oversight Threatens Long Term Economic Outlook

By: Mike

Mike — Wed, 08 Apr 2009 19:52:48 +0000

Hey Jim, you should have listened closer to what Ms. Warren had to say. Her stock advice was to NOT OFFER BAIL-OUTS and let capitolism work its way through – take a look at the “Dan Rather Report” where she was interviewed from April 7. Therefore, Bush and CO did absolutely the right thing in waiting. In addition, she said that there was “little change” between the current administration and the previous – so you can now blame “B.O. and his cronies.”

By: Jim

Jim — Wed, 01 Apr 2009 17:42:25 +0000

We had like 10 months to go before G.W. was out, 10 months!!! I say 10 months because I’m referring back to March ‘08 with Lehman and Stearns. All you could do was pray G.W. and his cronies would not fudge anything else…oh how silly we were for doubting G.W.’s tenacity and persistence when it comes to complete and utter disaster….all he had to do was bail them out then, but nooooooooo, we have to try our right wing conservative back assed Republican philosophy and not intervene, just to see if the market could handle such a bankruptcy and if it would naturally correct itself….Welcome the Herbert Hoover of the 21st century, this of course has turned the Republican Party into the Whigs of the 21st century or as I like to call them, the Whig 2.0 Party….

By: Portland Real Estate

Portland Real Estate — Wed, 01 Apr 2009 15:33:31 +0000

Thank you Mr. Bush for that one. At least these new packages with the new administration make an attempt at transparency.

By: lance shutter

lance shutter — Wed, 01 Apr 2009 14:40:11 +0000

I have heard Ms. Warren speak and she may be the only rational voice involved. Not only is theor no oversight on TARP but there has been no oversight at all on those Banks already receiving bailout funds and more particularily the Mortgage Loan officers at those banks. If a home owner who has never missed a mortgage payment has a credit score below 700 ( average is 660) they do not qualify for refi inder the FREDDIE and GINNY new guidelines (750 or above) so they are telling their clients NOT to pay for at least 3 monthes then they hit the “in danger” status and qualify for refi and public payolla. Who needs over sight?????