But only the ones that deserve to fail should be the ones that fail, and if there are viable banks...
Michael Bennet
The Public Record
Michael Farrand Bennet is a United States Senator from Colorado, serving since January 21, 2009. A member of the Democratic Party, Bennet has focused on a range of issues including education, healthcare, and economic policy throughout his tenure. He has been an advocate for improving access to quality education and has worked on initiatives to reform the healthcare system to make it more affordable for Americans.
The American people are so tired of having us look in the rearview mirror and say what happened while there is all this carnage out there.
I just had a couple of questions. The first goes back to this question of the clearing of centralized contracts versus customized contracts...
I completely agree with that, and I think that as we proceed here with this and much of the other regulation that we are talking about, we need to be very careful that we aren't creating perverse incentives that end up doing more harm than…
In sort of the combination of the council versus the Fed versus the Consumer Protection Agency and all this, who would have detected that we have got these things out here called credit default swaps that are mounting on the balance sheets…
Over the last 5 months or 6 months or whatever it has been, what I have discovered is that with respect to the Federal intervention in the immediate crisis, I think it is fair to say there is very little consensus about the details of that…
I hope you will let us know whatever it is we can do to help you get out of the way...
Economic and environmental objectives need not be in conflict. Done right, our economic and environmental policies can lead to both sustained economic growth and a cleaner environment.
I think we need to think about how to give our local and regional organizations more support in collaborating together.
I hope as we think about the legislation we put that in the forefront of our minds, that we want to create a set of incentives and disincentives that lead people to think broadly about these issues across various sectors.
Our success in supporting sustainable development is critical to our economic security, our environment, and our health.





