Just Because We're Stupid Doesn't

I Think One Could Argue That There's More Political Input Into The Regulatory Side, And On The Regulatory Side There Seem To Be Fewer People With Financial And Banking Experience - There Are More Lawyers, Academics, Economists, Maybe Politicians Now.

If You Look At Detroit, That Mayor, It's Been A Train Wreck For 40 Years, The Population Has Gone From 2 Million To 700,000. This Mayor Comes In, And He Talked About Streetlights, Sanitation, Jobs, Policing, Schools, Affordable Housing. He's Doing It All, And It's Growing For The First Time In 30 Years. Literally, One Man. But That One Man Couldn't Do It Without Business. And Business Couldn't Have Done It Without A Political Environment Where They Wanted To Improve Things. If You Had An Antibusiness Environment There, It Would Still Be Down There.

It's Great That People Get Together And Collaborate, Talk About The Facts And The Analysis, All In The Interest Of Having A Great Financial System.

All Businesses Tend To Pass Costs Onto Customers.

My Daughter Asked Me When She Came Home From School, "what's The Financial Crisis?" And I Said, It's Something That Happens Every Five To Seven Years.