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Jun 14, 2009
06/09
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mrs. sarah warren for safekeeping. and when benedict arnold's plan was uncovered mrs. arren was terrified this might fall outside enemy hands and put it on the lawn and set it on fire but this -- this -- so this was recreated by the frenchman and this is exactly what major andre, benedict arnold's spy was caught with when he was trying to go over to the british. now, in the south, kosciuszko now saw slavery up and close for the first time to such an extent as it was. here's a map of virginia, and you see the areas where there were large populations of slaves. and here kosciuszko met thomas jefferson for the first time. thomas jefferson, the man who wrote "all men are created equal" owned slaves and kosciuszko thought he was a hypocrite. kosciuszko ended up serving the rest of the war in the carolinas where he developed a rapport with slaves in the southern states and he brought grippy with him. and it helped to other continental soldiers who were abolitionists. one of they say colonel lawrence who was an outspoken opponent of slavery but when the colonel was killed, the
mrs. sarah warren for safekeeping. and when benedict arnold's plan was uncovered mrs. arren was terrified this might fall outside enemy hands and put it on the lawn and set it on fire but this -- this -- so this was recreated by the frenchman and this is exactly what major andre, benedict arnold's spy was caught with when he was trying to go over to the british. now, in the south, kosciuszko now saw slavery up and close for the first time to such an extent as it was. here's a map of virginia,...
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Jun 9, 2009
06/09
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mr. hinchey for five minutes. >> thank you very much. professor warreni want to stay stuck with what my friend mr. cummins said just a few minutes ago. we very deeply appreciate all that you have done. all the analysis that you conducted and the recommendations that you are performing are very helpful. and they are very well. i wanted to ask you a question about the stress test solution and whether you think that the stress test solution is going to help in aiding banks get through the financial crisis. and to what extent there are sort of an sillery objectives involved in the stress test. -- ancillary objectives and of the stress test. >> this is just opening statement in the context of opening statements, i want to -- this is just the opening statement. >> in the context of the opening statement, i want to of the size everything that you have done here. this is a very serious situation. although there are some indications that circumstances are improving and getting better, there are also some underlying circumstances that indicate that there is a very
mr. hinchey for five minutes. >> thank you very much. professor warreni want to stay stuck with what my friend mr. cummins said just a few minutes ago. we very deeply appreciate all that you have done. all the analysis that you conducted and the recommendations that you are performing are very helpful. and they are very well. i wanted to ask you a question about the stress test solution and whether you think that the stress test solution is going to help in aiding banks get through the...
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Jun 5, 2009
06/09
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mr. allison. chairman dodd. senator warren raised the issue of warrants which is close to my concern, also. just once again to emphasize with the recent legislation, you have complete flexibility on the use of the warrants. and i urge you to use that flexibility wisely. there's an issue that, frankly, a question that's just come to mind. the t.a.r.p. fund has received two forms of payment, the principal that was advanced and also interest on the preferred. does that interest refer back to the t.a.r.p. program and another question related was the value of the warrants, the profits from the warrants. does that go back into the top program? >> moneys that are received go into the general funds of the u.s. treasury. the amount advanced initially is then deducted from the amount outstanding under the $700 billion limit. i will double-check that for you, but that's my derstanding. >> so essentially what the repayment would restore the ability to extend the principal amount that's repaid, but the addition additional, the profits and the value of the warrants, they go back to the general treasury.
mr. allison. chairman dodd. senator warren raised the issue of warrants which is close to my concern, also. just once again to emphasize with the recent legislation, you have complete flexibility on the use of the warrants. and i urge you to use that flexibility wisely. there's an issue that, frankly, a question that's just come to mind. the t.a.r.p. fund has received two forms of payment, the principal that was advanced and also interest on the preferred. does that interest refer back to the...
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Jun 10, 2009
06/09
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warren. congress created the oversight panel to supervise the t.a.r.p. program and the treasury department. mrs. hartman was the full witness. this is an hour. >> i should start by saying, i am not scripted, so you should take my comments as my comments alone and not necessarily reflecting those as -- of the panel. i will do my best to reflect the views of the panel, but otherwise you should understand you are hearing from me. we are the smallest of the oversight units here, especially as compared to the inspector general. what we try to do here is a fact-based analysis of the operations under the toxic relief program and the impact of that program. we're really trying lard to see what the effective necessary -- we're really trying hard to see what the effectiveness is and ways to make it more effective. we return to the same theme that we started with our first report about transparency, accountability, and clarity throughout the system. and they appear again in a report that we issued today. so i thought i would start with a brief overview of that report, and quickly a dance flu our -- throug
warren. congress created the oversight panel to supervise the t.a.r.p. program and the treasury department. mrs. hartman was the full witness. this is an hour. >> i should start by saying, i am not scripted, so you should take my comments as my comments alone and not necessarily reflecting those as -- of the panel. i will do my best to reflect the views of the panel, but otherwise you should understand you are hearing from me. we are the smallest of the oversight units here, especially as...
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Jun 11, 2009
06/09
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mr. ryan: i would like to rise today to speak about an issue that is important to our community in northeast ohio, specifically the city of warren, city of youngstown dealing with the auto task force and the bankruptcy that have been going on in the auto industry. and the community that i come from has been adversely affected, not just over the past few months or few years, but really over the past 30 years. we have seen the loss of a tremendous amount of jobs. the home of delphi started many years ago by the packard brothers, steel mills, have been adversely affected over the past 30 years, but specifically eefer the past few months and new years given the problems in the auto industry. every day we wake up and read the newspapers, we have been getting bad news about layoffs. a steel company goes idle, a thousand jobs. general motors takes over the third shift, second shift. delphi went from 15,000 employees 20 or 30 years ago, down to just a few today. and a group that has been adversely affected with maybe not as much attention as should have been given are the delphi salary employees who have spent 2/3 of their careers worki
mr. ryan: i would like to rise today to speak about an issue that is important to our community in northeast ohio, specifically the city of warren, city of youngstown dealing with the auto task force and the bankruptcy that have been going on in the auto industry. and the community that i come from has been adversely affected, not just over the past few months or few years, but really over the past 30 years. we have seen the loss of a tremendous amount of jobs. the home of delphi started many...
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Jun 26, 2009
06/09
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mr. rogers: my appreciation to your years in the house, my congratulations and great success in your new endeavor. i agree, madam speaker, with president obama and warren buffett. under this bill, quote, electricity rates will necessarily skyrocket. under this bill we cite the single largest energy tax in the united states history. warren buffett called it a huge tax. very poor people are going to pay a lot more for electricity, end quote. last night in my district a utility company calculated its estimate of what this bill will cost the families in my district. it will increase their electric rates by $2,500 a year. not your statistics from those who don't live in a place like michigan. $500 a year. and that doesn't incorporate the fact that their clothes will now be more expensive, their groceries will not be more expensive, their school supplies will now be more expensive. if you haven't noticed, people are hurting around the states. adding costs today is absolutely the wrong direction. it will destroy $1,400 in wages for the average family in my district. $1,400. that's a $2,000 swing. people in michigan who are already under assault wants to know
mr. rogers: my appreciation to your years in the house, my congratulations and great success in your new endeavor. i agree, madam speaker, with president obama and warren buffett. under this bill, quote, electricity rates will necessarily skyrocket. under this bill we cite the single largest energy tax in the united states history. warren buffett called it a huge tax. very poor people are going to pay a lot more for electricity, end quote. last night in my district a utility company calculated...