Jack Reed actually said...

"If we don't achieve it in the next several months, the bubbles that might be out there percolating... will once again catch us by surprise."

"if you do not have an authoritative institution supported by data doing that, then the problem I think you will have is that the next time it will be something different."

"I don't sense there is a mutually exclusive sort of agenda here."

"We need better data. We need better analysis."