Paul S. Sarbanes: “That to me is so fundamentally fair and so fundamentally right, I fail to understand anything else.”

In my view, it portrays clearly unacceptable practices on the part of a number of short-term lenders.

There has been an incredible deterioration in recent years in the U.S. trade deficit.

I find this troubling. I guess I find any chart that all of a sudden seems to leap out in some different direction from what we have generally been experiencing a matter of concern.

I think the best way to do it is to have a flexible exchange rate, and that will let the market work even more.