One of the reasons that we have to depend on foreign capital for things like venture capital is that, when you have a really good invention, like Microsoft Word, and then find that it gets pirated in other countries, you don't have the follow-on investment capital.
Foster discusses the impact of intellectual property violations on venture capital availability.
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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…
I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.
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