Marcy Kaptur

I want to thank Chairman Ryan and Ranking Member Van Hollen for holding a hearing this morning on something very important.

I have a little difficulty with the amount of money being requested in this budget.

It seems kind of unusual to me that production agriculture is doing very well in the countryside and yet what we leave urban dwellers with is stamps.

All I know is that it's big news and that we're receiving it well. It's an important first step. I think it's like somebody just hit a solid first base hit, and we've got some other bases to go around until we get to home plate. I really…

Which is to the originators who created the schemes that allowed, as you say, the lid to be blown off the regulation of derivatives and of these fancy schemes. Right now, yes, we're trying to get ahold of the secondary market activity, but…

The first in line were the originators, the very institutions we're talking about here: Citicorp; Bank of America; Goldman Sachs is now involved in that; Wells Fargo; HSBC; UBS. It's all these institutions, and they originated through…

The normal banking system isn't working, and what they're trying to do at the Federal level is to focus attention just on the secondary market activity rather than on the loan originators. So they're saying, Oh, the problem was at Fannie…

When that bill was passed, I would venture to say 99 percent of the Members of Congress didn't even know it was in there because it was buried in an omnibus appropriations bill. Nobody even knew it was in there. So that was sort of the…

They went over the heads of all of our local property recording offices, our titling offices. That is at the heart of capitalism, itself. You would think there would be a roar out of other economic interests in this country, saying, Hey…

What this group did was they actually have threatened the entire system of capital formation in this country because they have disrupted the measurement of value at the local parcel level. So our normal system of recording deeds and value…

What they have done are capital crimes. They have harmed our Republic so much with this massive transfer of wealth. I think the best thing the American people can do is if they are paying a mortgage loan or a car loan or a student loan to…

They made the highest salaries in the country, bonuses. We didn't take a penny away. I had a bill to take 100 percent of the bonuses away. Guess what? They never bring it on the floor. We couldn't even take the bonuses away, much less…

I'll tell you, Congressman, one thing we need to do is look at some of the people that sit over at the Justice Department and where they used to work before they got there, because I think one of the reasons that prosecution isn't…

There will be no justice. The Congressman has pointed out something that is extraordinarily important. There are those who seek to harm the American people, whether it's through financial crimes or those who are true enemies of our…

Liars loans. They would go up to a senior citizen, a woman after she'd lost her husband and they would say, ma'am, you know, we feel very sorry for you, but we want you to know we have a deal. You'll never have to worry about your…

Well, you know what's important to point out. You asked a critical question because this settlement does not deal with those that originated mortgages. It only deals with those mortgages that were held in the secondary market. And so it…

I think what's going to happen with this is, even though over a million homeowners are likely to be helped and several hundred thousand get some recompense, maybe an average of $2,000 per household, what's going to happen is it's going to…

As you look at shipbuilding, please look at the Great Lakes.

The need for us to meet the demands in these areas and to make sure that that capability exists in this country is huge.

How can we improve medical screening so that we have better relationship between the Veterans Administration and the DoD?

I would hope that in additional documents you can submit to the committee, you can address how the Department views that strategic issue and what you are doing to meet it and to help us restore energy independence as a country.

I believe that I have a Special Order and time remaining, my own Special Order for 30 minutes. ____________________

You raise a very good point, Congressman. And I went into one of these dollar stores--I won't say which name it was--with one of my good friends the other day. I couldn't find a non-Chinese-made item on the shelf.

You know what, these large outfits that control retail sales in our country hurt innovation because what they do is they make deals with some of the biggest companies. Ask yourself, why, when you go through a supermarket and you want to…

I don't think that you can enforce the rules.