On the recordOctober 19, 2009
So we are financing our own bailouts through GSEs through the taxpayer, period.
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congress.govSo we are financing our own bailouts through GSEs through the taxpayer, period.
Bunning criticizes the reliance on GSEs for taxpayer-funded bailouts.
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If I am in Schenectady, New York, and I am dealing with a broker-dealer in Schenectady, any broker--I am not going to give anybody a plug here--how do I compete with the electronic traders that have nanosecond access?
It seems our policy is stuck between a law that is so bureaucratic that it paralyzes action and a practice of not using the law, which at this accident might show can possibly lead to tragedy.