On the recordJune 21, 2012
I thank the gentleman for his comment. Let me just add, Mr. Speaker, that, clearly, when you look at the Congress to which he referred in terms of its productivity in the 2007 and 2008 years, we think the productivity was very much higher. I won't go through the litany of those figures; but I think, if the majority leader reviews them, he will see in terms of the productivity of the Congress that we moved America much further forward. Having said that, I want to say that we hope that we will continue to focus on jobs. I know I share the gentleman's view--and I think all of us share the view--that we want to have reasonable regulations that help grow the economy, not impede its growth. We're for that. We may have a difference of opinion on what that does when we think of deregulating the protection of our environment, when we think of deregulating the safety of our financial markets. When we took the referee off the field, it had an extraordinarily negative impact on this country and on every taxpayer in this country and on every business in this country. It was not useful. It was not helpful. I think we have a difference of opinion on whether or not we want to make sure there is a level playing field, a fair playing field, for all the participants in our economy--both businesses and consumers. Clearly, there was an effort that was being made to undermine the ability of the CFTC to fully oversee what was a market that went out of control.…





