What I am saying is that by a more gradual approach but with more cuts in the longer term achieves both objectives, not slowing the recovery by too much, but on the other hand addressing these long-term issues.
Capuano summarizes Bernanke's view on a gradual approach to spending cuts.
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I am all for due process. What I am not for--Is taking people's protections away.
I believe that fraud is fraud, and that States should be free to regulate any form of securities fraud that they see fit.
I have been working with and plan to work with Ranking Member DeFazio and my Democratic colleagues to develop a plan that does attract bipartisan support.
Unfortunately, H.R. 5037, seems to be aimed directly at the Martin Act, and by preempting these State laws, the bill would allow small-time fraud to run rampant.
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