OpenCongress - Rep. Marcy Kaptur

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by Anonymous |

Jan 17, 2008(5 months ago) |

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Overall Rating: 5.0 |

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The foreign investment in America's banks is necessary or they will be or become technically insolvent. The real problem here is that the regulatory agencies allowed this to occur. So did the bank's Board of Directors, who, under our law, are responsible for overseeing management's handling of the shareholder's interests. Under our system, if the shareholders are asleep at the wheel - it is too bad for them. This would be true unless the government via the Fed now rescues the banks from their own foolishness/stupidity.

Becuase fiduciary standards of care in the handling of other people's money are so lax in this country, we will now suffer the consequences of having a system that allows the players within the system to have no values other than short term greed.

We will always get results that are consistent with the incentives that are present.

By the way, the management of corporate retirement plans is about the same. All of the incentives are perverse relative to the results one would otherwise want to produce - effecient and effective management of pension funds (or 401(k) plans).

For example, there is no requirement to be trained or licensed when one serves as a fiduciary on a corporate retirement plan. My dog needs more licensing that someone who manages $1 billion of employee money.

How efficient and effective can such a system be?

Why haven't regulators demanded that fiduciary principles be applied in financial services?

Why have the regulators been silent?

The answer is as simple as the financial services industry owns Congress. For all intents and purposes it might as well be that way and so the statement is effectively true in function if not in form.

There you go Representative. What will you do about it?

by lerichards |

Mar 01, 2008(4 months ago) |

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Lawrence E Richards 352-585-5466
7272 Landsdale St.
Brooksville, FL. 34601
law_richards@yahoo. Com Mar. 01, 08

Satellites used in Home surveillance

No citizen is entirely without danger of being harmed by the U S Governments’
Space Satellite programs using high frequency energy, lasers. Similar to the
surveillance used during the Viet Nam War, these units are able to penetrate just about
anything, characterizing human bodies as they walk though their homes. There are
very few places within a home that cannot be spied upon, depending on where the
systems are directed–bathroom, kitchens, bedrooms, throughout the home, spying and
doing their dastardly thing.
Mobil ground units operating in an equivalent way are able to penetrate walls of
buildings doing surveillance and harming Citizens. Much like satellites, ground units
assault using multifrequency energies, lasers, directed by ground coordinators, causing
damage to joint and nerve tissue of any part of a heat generating body. Seldom, if ever,
individuals who are harmed realize what’s happening to them. Doctors will treat the
inflection as a common ailment. The suffering may go on for years without the
government ever stopping it, in some cases causing death.
Fortunately, the incoming satellite and ground energies can be detected and
identified, by using an effective barrier partitions. It's a trail and error in most cases, a
matter of using barriers, checking to see if the pain continues. The End

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Term Start	Term End	Role	State	Party
2007	2008	Representative	OH	Democrat
See All 13 Terms

Committee Membership

Most Recent Sponsored Bills

Bill	Status	Last Action
H.R.5966 To target housing counseling funding based upon levels of residential mortgage foreclosures and delinquencies.	Introduced	May 05, 2008
H.Con.Res.324 Expressing the sense of Congress relating to the trade promotion agreement between the United States and Colombia.	Introduced	Apr 08, 2008
H.Res.1087 Expressing the sense of the House of Representatives that the North American Free Trade Agreement must be renegotiated to foster fair trade that truly benefits all the people of Canada, the United States and Mexico.	Introduced	Apr 08, 2008

Recent Voting History

The votes below were taken by roll call, a voting procedure that records a vote from every Senator or Representative on the bill under consideration. This Member of Congress may have voted on other bills by the process known as "voice vote", but these votes are not recorded.

Bill	Voted
H.Res.1098 Supporting the goals and ideals of the Year of the American Veteran. On Motion to Suspend the Rules and Agree: H RES 1098 Supporting the goals and ideals of the Year of the American Veteran	Aye June 26, 2008
H.R.6251 Responsible Federal Oil and Gas Lease Act On Motion to Suspend the Rules and Pass, as Amended: H R 6251 Responsible Federal Oil and Gas Lease Act	Abstain June 26, 2008
H.R.6377 To direct the Commodity Futures Trading Commission to utilize all its authority, including its emergency powers, to curb immediately the role of excessive speculation in any contract market within the jurisdiction and control of the Commodity Futures Trading Commission, on or through which energy futures or swaps are traded, and to eliminate excessive speculation, price distortion, sudden or unreasonable fluctuations or unwarranted changes in prices, or other unlawful activity that is causing major market disturbances that prevent the market from accurately reflecting the forces of supply and demand for energy commodities. On Motion to Suspend the Rules and Pass: H R 6377 Energy Markets Emergency Act of 2008	Aye June 26, 2008

Voting Trends Analysis

The information below is an initial analysis of voting trends for this Member of Congress, calculated by cross-referencing all of this member's votes from the current 110th Congress (Jan. 2007 - Jan. 2009). The results are intended to offer some helpful context for the place that this Member of Congress occupies in the Congressional landscape. In the next steps of site development, OpenCongress will incorporate more detailed analyses of voting trends to give you a comprehensive snapshot of every Member of Congress.

Most often votes with: Rep. Dale Kildee [D, MI-5]
Least often votes with: Rep. Jeff Flake [R, AZ-6]
Republican most often votes with: Rep. Christopher Smith [R, NJ-4]
Democrat least often votes with: Rep. John Barrow [D, GA-12]

Users tracking Marcy Kaptur (6) are also tracking:

People	Bills	Issues
Sen. Sherrod Brown [D, OH] [6] Sen. George Voinovich [R, OH] [5] Rep. Dennis Kucinich [D, OH-10] [4] Rep. Betty Sutton [D, OH-13] [4] Rep. Patrick Tiberi [R, OH-12] [3]	H.Con.Res.362 H.Con.Res.362 [1] S.Res.455 S.Res.455 [1] H.R.946 Consumer Overdraft Protection Fair Practi... [1] H.R.3996 Tax Increase Prevention Act of 2007 [1] H.R.1955 Violent Radicalization and Homegrown Terr... [1]	Congress [1] Civil liberties [1] Congressional tributes [1] District of Columbia [1] Federal office buildings [1]

Marcy Kaptur in the News

June 27, 2008 Group works to keep Ohio Theatre open

US Rep. Marcy Kaptur helped secure $151000 in federal funding for the theater in 2004. Nelson has other things on his wish list, including replacing the ...