the biggest threat to this Nation after the potential of a terrorist using a weapon of mass destruction is our financial health.

the path that we are on simply is not sustainable as a Nation.

There are a lot of bridges that need to be fixed in New Hampshire.

The key difficulty facing the Congress now, I think, is to legislate or in other ways lock in future deficit reduction.

I remain hopeful that we will come up with a serious and credible plan to face up to our long-term deficits and debt.

the government is going to go from 20 percent of GDP to 24 percent of GDP. That spending is the driver, in large part, of the gap that is causing the deficit and the debt which is going to bankrupt the country.

I think it has been misrepresented as to what it actually it did.

When this stimulus was put together, so much of it basically became, as I said earlier, walking around money for appropriators.

I mean, it is a simple statement, but we haven't done it.

If you were doing a formula, I think the percentage that would be assigned to Federal fiscal policy would be fairly high for creating uncertainty as a result of our unwillingness to face the long-term debt problems we have, the tax…

So if you want to look at what is really causing--maybe the uncertainty that is causing this $2 trillion to stay on the balance sheets, it is the fiscal policies of the Government.

a major tax event like that in a slow economy dampen capital formation

we are facing a Government that has got a long-term debt which is unsustainable

But they all reflect the strength of the system?

I appreciate the good job you do for this Nation, and I am glad you are still independent.

this is going to be one of the most critical periods in the history of the Federal Reserve.

Regrettably, this country is on a track to fiscal insolvency under the present spending activities of the Congress.

the only stabilizing force right now is the Federal Reserve because the Congress is totally irresponsible.