Letter to the Congressional Oversight Panel

So I wrote:
Paulson and Bush's TARP plan is a complete failure of the Executive and Legislative Branch. Paulson lied about what he was going to do while the Legislature gave up the oversight it is required to keep according to the constitution.

Please resign your positions on this panel and in our legislative branch of government. You have utterly failed the people of the United States of America in your oversight role. This upcoming economic depression is your fault.
And they wrote:
Congressional Oversight Panel
732 North Capitol Street, NW
Rooms: C-320 and C-617
Mailstop: COP
Washington, DC 20401

January 8, 2009

Dear [Negocios Loucos All Mighty],

Thank you for taking the time to share your thoughts with the Congressional Oversight Panel. We have received an enormous amount of correspondence through our website over the past few weeks, and we apologize for any delay in responding to your message.

As part of the Emergency Economic Stabilization Act of 2008, Congress established the Panel to oversee the U.S. Department of Treasury’s administration of the Troubled Asset Relief Program (TARP) and to provide recommendations for future regulatory reform. To fulfill that mission, the Panel is empowered to hold hearings, review official data, and provide regular reports to Congress and the American public.

Because the Panel relies on direct input from the American people in going about our work, we appreciate your views and will endeavor to take them into account in our ongoing oversight work.

We are approaching the work ahead of us with great urgency and seriousness. We will do our best to ensure that the Treasury Department uses TARP funds in an accountable and responsible manner and that reforms to the financial regulatory system are adopted in a way that serves the best interests of the American public. Thank you for your contribution to this effort.


Sincerely,


Elizabeth Warren
Chair
Any questions?

Comments