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Capital Markets ranking member. I have another question. Where has she been since 2000? It started out with Baucus (R-AL-6) introducing Pence (R-IN-6). You remember this smackdown Hillary? Capitalism is Freedom. Friedman Redux. Didn't Greenspan debunk that? Now we are on to moral culpability, the obligatory "command and control" bogeyman and Shelley's statement. No. More. Bailouts. Well, of course, Bush is gone. Exipedidited bankruptcy. Okay, make us proud Shelley. UPDATE: With Paul (R-TX-14) there I should have picked up on this. They want the Federal Reserve out of oversight, a merger of OTS and OCC, and a transfer of the oversight functions from FDIC. Both OTS and OCC either failed stupendously or refused to act in the last decade. Of course NoNo Goposaur wants to kneecap the one thing that had worked, the FDIC wind-down of the banks. Instead there would be a board, with Treasury as the chair, with no enforcement or supervisory powers. I did not hear Woodrow Wilson blamed for anything. That would have been icing on this sheet cake. |
