"There are some really ugly things happening. And you and I know much of that we desperately need economic growth to cover these sins."
"How much actuarial math is happening at the Treasury Department saying, 'This is our future?'"
"Well, Congress seemed to just discover it a couple of years ago."
"Nope. Actually, I think under the CBO study were 2018 Social Security goes negative."
"But that gap--think about that gap. Today, the trust fund has what, $2.8 trillion? And we have burned through that principal in 14 years."
"No, I need to correct that. And I know that is our script here, but that is not true."
"We may be stronger than 7 years ago, but this is still crashing down upon us--"
"Congress must reclaim its Article I authority and reclaim it now."
"You have transferred your risk, you have no contractual obligation to take that risk down, and yet you are still holding capital gains."
"Whether it be in automobile, floor plan, or credit card, you have already transferred the obligation or the risk portion of the paper, and now under Dodd-Frank, we are asking you to retain something t..."
"That, to me, doesn't make any sense at all. And it is penalizing the economy in terms of billions of dollars that could be released back if you release that equity."
"My understanding is, as of yesterday, we now have nine running banks that have access to the SWIFT system."