Brad Sherman actually said...

Now, I have heard that there is this thing called fair value accounting--I think it is better called fantasy value accounting--which would say that you should determine your profit or loss not based on whether you have a profit or loss, but whether you would have a profit or loss in some artificially constructed fair world.

06/02/2015

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More Brad Sherman Quotes

"I hope our witnesses address that part of the dual mandate dealing with both unemployment and inflation."
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"we foolishly and prematurely turned the government over to native governments that were certainly not pro-American."

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