When you are in a hole, stop digging.
Scott Garrett: “When you are in a hole, stop digging.”
Editor's note · Context
Garrett uses this saying to suggest FSOC should stop its current regulatory approach.
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It is hard to imagine anything more unfair and un-American than having the Government financially support mega-corporations at the expense of small businesses and American workers.
For the sake of the American taxpayer and preservation of the free enterprise system, Congress should put the Export-Import Bank out of business.
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.
Yes, we have the opportunity today to save capitalism from cronyism. Yes, we have the opportunity to protect the American taxpayer and the American Dream and to preserve free enterprise.





