Bill Foster: “I urge my colleagues to support this bill. I yield back the balance of my time.”

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----

The good news is that macroeconomic policy is working as designed.

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

I think we should consider adopting this in the coming session of Congress, at least on a temporary basis.