Elizabeth Warren On The Next Real Estate Crisis (VIDEO)
Video: TARP COP Liz Warren on the new foreclosure crisis about to hit banks -- Aired July 16, 2010
---
---
The Senate passed sweeping financial services reform this week after two years of intense debate.
The 2,300 pages of the Restoring American Financial Stability Act of 2010 comes as home foreclosures have hit a historic high but another potential real estate crisis looms. Many commercial real estate loans will mature soon, and community banks will feel the strain if property owners can’t pay — much in the way bigger financial institutions did before the $700 billion Troubled Asset Relief Program began.
Can financial reform repair a broken credit market given these huge challenges? And what’s in it for the average American?
Need to Know asks Elizabeth Warren, chair of the Congressional Oversight Panel that has been monitoring the bank bailout and keeping tabs on all of the TARP money.
---
Screenshot
Jul 18, 2010 at 3:07 PM
Reader Comments (10)
http://www.youtube.com/watch?v=201pgTaEseQ&feature=popular
http://www.guncite.com/gun_control_gcfullau.html
Since 1934, there appear to have been at least two homicides committed with legally owned automatic weapons. One was a murder committed by a law enforcement officer (as opposed to a civilian). On September 15th, 1988, a 13-year veteran of the Dayton, Ohio police department, Patrolman Roger Waller, then 32, used his fully automatic MAC-11 .380 caliber submachine gun to kill a police informant.
Or when Bush banned semiauto imports by executive order in '89.
http://www.freerepublic.com/focus/f-news/896043/posts
Bumper stickers only represent future disapointments.
"YuP" just rip the old one off and insert new bumper. The Stnech will follow you for ever. All you will see is "O's" jumping the fence trying to get to sleep at night.
Last winter when EW first warnned about the comming 2011 banker re-set we went to see the eye Dr. for Ann in Springfield. I had her count all the stores already closed becouse of lack of sales or forclosers. "WoW" ! I bet 1/3 of all stors in any strip mall was for lease.
Everything is OK becouse its not happening yeat, unless yr one that was forced to shut er down. Just wait, and it will cauz everything else to tumble. Its "The Wizzered of O-Bama Oz" last great plan to take out the middle class.
For they not care what they do to us, as long as the "Demmies" stay in power. October is comming, and Joe Bidian said so last night on the news. The Dems AINT Going No-whAre.......! Makes ya wonder if F Castrol knows something we dont yeat....?
-Chris