The problem that we confront is where we are headed. Where we are headed is towards unsustainable debt.
Congress has failed to balance our budgets and stop our rapidly-climbing debt, a $1.4 trillion deficit last year, over $...
Had we not done what we did, I believe there would have been a global financial collapse.
However unpopular they are now, they were the right steps.
Taxpayers were the ultimate funder of the liability. That, we cannot permit to happen again.
It would be unthinkable that we were to permit that same circumstance to occur again.
I think you will find a lot of allies on both sides of the aisle on this committee with respect to CFTC jurisdiction.
I don't think any of them understand it.
I believe some of those people ought to go to jail.
My God, this is the guy that is in charge of derivatives trading worldwide for a major company and he doesn't understand...
This hearing and others like it that I've been holding is especially important as we consider a new transportation bill ...