On the recordApril 26, 2010
One of the things that doesn't make a lot of sense to me is why these synthetic--and I know you have got an answer for it--but why these synthetic instruments came about when there is nothing in them.
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congress.govOne of the things that doesn't make a lot of sense to me is why these synthetic--and I know you have got an answer for it--but why these synthetic instruments came about when there is nothing in them.
Tester questions the rationale behind synthetic financial instruments.
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I think it’d be a mistake, a -- really a mistake for national security and for food security.
I would say two things. Number one this administration has totally blown the opportunity to make government more efficient by going in with a -- with a -- with a meat cleaver and just hack up agencies.
There's plenty of examples of it. The Mission Act is a prime example. The fastest growing part of the V.A. budget. Why? Because we privatizing V.A. health care and its costing us more money, not less.