Richard Shelby

I like--and we have had these conversations, some of it, before, getting the private access and private capital, because there is a lot more out there.

It is imperative we do not sacrifice this source for effective policy making and analysis.

If we can get them back in the workforce, it will help them readjust to civilian life.

We want these programs to work. And we have to measure them. And if they don't work, we figure out something that will work.

If they're not working, let's find out why they're not working.

They should be proud of what they've done.

We want to help these people, because if we don't help them, as he's pointed out, they will be--a lot of them will be in trouble.

I'm not proposing we abolish Job Corps. I'm thinking, in trying to work with you and Senator Cochran and others, to improve it.

What's the percentage of that? That's good, but----

I believe we need that same balanced approach today.

I'm concerned about the lack of clear metrics within the Department for evaluating Job Corps.

The administration continues to want to extend that reach, even though costly new regulations, I believe, are oppressing economic growth in the business community.

The real unemployment rate is actually much higher, at 16.2 percent.

The unemployment rate is 8.8 percent.

It was the worst that we've experienced in my lifetime, and probably in most people's lifetime in the whole South.

But, I'd like to hear your thoughts on the underlying issue here, that private U.S. business cannot freely open new facilities in right-to-work States without fear of retaliation by the U.S. Government and this administration.

I want to turn to another area. On April 20 of this year, the acting General Counsel of the National Labor Relations Board issued a complaint against the Boeing Company, alleging that it violated Federal law by deciding to transfer a…

Without flood control nothing else matters.

Mr. Duffy, Governor Tarullo--you were here--explained that central clearinghouses concentrate risk and thus have the potential to transmit shocks throughout the financial markets.

Would requiring companies to use standardized cleared products or forcing them to post margin... increase risk in the financial system or decrease it?

It helps you compete, does it not?

Regulators are hastily proposing rules to meet the extremely short deadlines without fully considering either their economic impact or how they interact with the rules proposed by other regulators.

Exclusive clubs are dangerous things sometimes.

We cannot always count on good luck, as you know.

This process is a direct result of the poorly conceived regulatory structure created by the Dodd-Frank legislation.