"if State and local governments had not been forced to cut back, unemployment would now be below 8 percent."
"Chairman Bernanke... was appointed 3 times to important economic positions by George Bush... whose integrity and intellectual honesty ought to be unquestioned."
"I was first elected to Congress in 1976 in April in a special election."
"This whole idea that they could regulate exchange rates and deal with the balance of payments totally failed."
"It would lead to a major crisis of too much debt, too much malinvestment."
"I have, over the years, obviously been critical of what goes on in monetary policy."
"And until we get to the bottom of this and restore the confidence, I don't think we are going to see economic growth."
"I believe, by the way, that is part of what people are trying to get at with the audit."
"The system is biased against the middle class and the poor."
"It is really not an audit without this. It is still secrecy."
"Whose responsibility is it under the Constitution to manage monetary policy?"
"Congress ought to get a backbone. They ought to say we deserve to know, we have a right to know."