There have been a lot of unintended consequences coming out of the Volcker Rule.

I have been very concerned about this monetary policy for some time.

It is not actually essential to complete that $15 billion package to have the reforms adopted by the United States.

I do not know how we got to the place in America where work has become a terrible thing that we must unshackle people from the misery of having to be productive.

So your analysis is that, as a result of this phenomenon, we have less total output, and I think it is very clear that that means less opportunity, less prosperity.

Isn't that what it means to have a 2-percent GDP growth instead of a 3-percent GDP growth?

Demographics are very immutable.

And those activities are regulated now by the SEC and other--principally, but other regulators, as well, right?

I think you could argue that the September report in some ways may overstate the risks and in some ways minimizes the very extensive regulation that is already in place on asset managers.

we strongly urge the FSOC and other governing bodies not to base any policy or regulation actions grounded on the information in the OFR study . . . .

I also think that it is very important, in the context of these agreements... it has to be an important part of all of our trade agreements.

I think it compounds the problem. It does not solve the problem.