I personally believe the Federal response did avert what could have been a financial collapse.
Editor's note · Context
Kent Conrad asserts that federal actions prevented a potential financial disaster.
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I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.
We did a whole series of things in our Social Security reform not to discourage people from working, but to encourage them to continue working if they are able to do so.
Can I just respond quickly, Mr. Chairman, and say when Simpson-Bowles went down, a group of six of us in the Senate, three Democrats, three Republicans, were asked by leadership to see if we couldn't come up with a way forward to adopt the…





