I grew up being driven around in a rusty Studebaker with one of these triangular Masonite signs with Bill Proxmire's name on it.
Bill Foster: “I grew up being driven around in a rusty Studebaker with one of these triangular Masonite signs with Bill Proxmire's…”
Editor's note · Context
Foster reflects on his childhood connection to Senator Bill Proxmire's campaign.
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I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
Do you remember with AIG, the real problem with AIG falling into bankruptcy is that it would immediately put a bazillion of the European banks into violation of their capital requirements, which was major contagion that----
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
If you conclude, as you are actively studying it, that you need more visibility into certain areas of, particularly nonbank things that may be parts of the chain of contagion, please let us know, because it is our job to avoid the next…





