Bill Foster: “It is remarkable, in that context, that we are not in a great depression today.”

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…

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

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.