
But wouldn't putting a cap on greenhouse gas emissions raise the cost of a wide variety of energy sources?
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But wouldn't putting a cap on greenhouse gas emissions raise the cost of a wide variety of energy sources?

There is, however, one critical area in which I believe the Fed has failed to act--the municipal bond market.

I respect the Federal Reserve's various efforts to stabilize the current crisis.

Chairman Bernanke, would you agree that the municipal credit market is still in distress?

I would hope that this committee would act to intervene to help municipalities in a time of need.

The Social Darwinism espoused there would basically throw municipalities and States in the United States into the ditch.

If we do not want to see this economy contract further, we need to help municipalities and States access credit.

I expect that testing to take place elsewhere.

Militarily, we should go, at the right time. I think everyone should know that. Diplomatically, culturally, we should be staying.

I actually offered an amendment yesterday, on the exact point that you just made.

I hope that it has been timely, given the rush of events that we have here.

We need a strategy that has clearly articulated endpoints, not simply benchmarks, so we really know where we are going.

And we require it in other areas. They need to understand us every bit as much as we need to understand them.

Quite frankly, I did not support the bailouts last year.

I think the answer is that it does violate the terms of that Act. I think an automaker by anyone's estimation is not a financial institution.

this is a national problem, and we expect a solution where all communities affected are going to be taken into consideration.

this is not a Florida- or Louisiana-only problem.

So, I'll expect a report back on--when that investigating team is in Virginia and the results of that investigation?