But the notion that in adopting regulation, we should deal only with things that have already proven to be problematic and not try to anticipate and not try to make other improvements, I think is a grave error.
Frank argues for proactive regulation rather than reactive measures.
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We should have made it much higher, $125 billion or more, and we should have indexed it.
Just as I would say if you say you'd believe in racial discrimination or religious discrimination, any time you are at an agency that's in charge of protecting and enforcing constitutional rights and you express your view that that…
I think that on the heels of what we have just seen in South Carolina, where we are eliminating symbolism, it seems to me that we have an opportunity to actually get into the invidious discrimination that still takes place.
If you're going to dip your fingers in the Federal till, don't complain if a little democracy rubs off on them.
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