I have heard that record before, and I really wonder why we should believe that and why we should not anticipate that in a few months from now, this spring, you will be coming to Mr. Lynch and me and the rest of us saying you need to be bailed out.
Garrett expresses skepticism about the FHA's financial health and future bailouts.
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For too long our financial regulatory system has been governed by global networks of really detached elites who believe they are smarter than the market and the people when it comes to allocating and assessing risk.
The Export-Import Bank transformed the role of Government from a disinterested referee in the economy into a biased actor that uses your taxpayer dollars to tilt the scales in favor of its friends.
For the sake of the American taxpayer and preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.
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