Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
Bill Foster: “Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the…”
Editor's note · Context
Foster expresses concern over potential risks reminiscent of the AIG crisis.
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While the Presidency is often the focus of political pronouncements about macroeconomic conditions, there is no question that it undersells the importance and the independence of the work of the Federal Reserve Board.
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.
If you made it anonymous, you would allow Members to sort of probe support for centrist legislation.





