Iran has become 'a central bank for terrorism worldwide.'
Unfortunately, the Administration has 'taken a pass' on comprehensive insurance reform.
But I believe if we enshrine--and that is where we are headed--the 'too-big-to-fail doctrine,' we are going to have problems down the road.
I think we have got ourselves in a real jam in this country when we come up with the doctrine of 'too big to fail' and then we say, gosh, we...
If an insurance company is involved in derivatives on the national, international scale, how could States regulate them?
I think whatever we do, that has got to be separated, has it not, at some level.
Over the past 2 years, we have seen how problems in our insurance markets can disrupt our national economy.
The spectacular failure of AIG sent shockwaves throughout our economy, and led to a $170 billion bailout by the Federal Government.
Shouldn't that be an appropriate study somewhere?
But aren't a lot of the problems that we have encountered that insurance, and, of course, banks, too, are involved in things without adequat...
These events revealed that comprehensive insurance regulation must be a part of our reform effort.