We have seen some major intervention by government that is unprecedented in this country.

If you don't you are not going to go bankrupt you are going to go to jail.

I am convinced that the inept intervention by the department is most of what catalyzed the panic.

The question is, how will Congress respond to the near financial meltdown of 2008?

Well, thank you, Mr. Chairman. You know, Mr. Chairman, I know in many areas of this Committee, just the nature of the Committee means that we often have starkly different perspectives, and I am sure that there are going to be some of those…

I have got to tell you, I want to be very respectful to Mr. Barr and Mr. Krimminger because I know that you are here, you know, at the behest of others, but you are in a position of having to defend what I think is almost an indefensible…

Due to the kind of--the nature of the hearing this morning, I hope you will grant me diplomatic immunity.

I think that ultimately government is to blame here more than you are.

I believe you when you say you want to be a capitalist. I really do.

I just want to reiterate that our economy is not based just on competition; it is based on trust.

The private sector always makes these decisions better than government and if we take it in reverse look what happened when the government owned the telephone companies, it was a disaster.