Be prepared to get a request from me later on to try to do that quantification.
Michael Capuano
The Public Record
Mike Capuano is a former U.S. Representative from Massachusetts, serving from 1999 to 2019. A member of the Democratic Party, he represented Massachusetts's 8th congressional district. During his tenure, Capuano was known for his advocacy on issues such as healthcare, education, and civil rights. He served on several committees, including the Transportation and Infrastructure Committee, where he focused on infrastructure development and public transportation improvements in his district.
I think I read this correctly, but would it be fair for me to paraphrase this to average people that the Chairman of the Federal Reserve thinks that sequestration is stupid?
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.
The subsidy is coming because of market expectations that the government would bail out these firms if they failed, period. Those expectations are incorrect.
some people in the marketplace, especially some of my friends on the other side of the aisle, like to believe that it is still in existence.
the law currently as drafted, after Dodd-Frank and after all of the things we have been through, today we do not have the tools that we used to implement too-big-to-fail as it was in 2008.
I think that I would say that it is a difficult program to administer under the rules that it is structured under.





