Bill Foster actually said...

"I would like to return to something that was mentioned, which is the implicit credit allocation effects of stress tests, which are real, and I think probably unavoidable."

"Thank you all for appearing on this very complicated subject."

"In a recent speech, Ben Bernanke talked about using mortgage loan-to-value limits as a macroeconomic tool."

"In the next 8 years, we saw the surplus we were running reversed and the structural deficit exceeding $1 trillion a year in the next 8 years."