Right. But a solution to that problem could actually at least be a partial solution to this.
Bill Foster: “Right. But a solution to that problem could actually at least be a partial solution to this.”
Editor's note · Context
Foster suggests that addressing one issue could help resolve another.
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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.
Frankly, when I read about this, it triggered my PTSD from the AIG situation with credit default swaps during the financial crisis.
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 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…





