Bill Foster: “I support your notion that community planning is a critical thing but also making sure that there are resources for…”

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----

This made the discharge petition much more effective at its intended purpose, which is sort of to operate as a safety valve against, you know, the Speaker's rather dictatorial power.

I guess when things are going well, as they currently are, it is all of our duties to look around the curve and see the risks that keep you up at night.

I think it is my personal goal to die before we have another financial crisis, and then I will be doing my job well.