There's A Lot Of Things

I Believe That The Root Cause Of Every Financial Crisis, The Root Cause, Is Flawed Government Policies

China Saves Too Much, Produces Too Much, Sells Too Much To Americans And Consumes Too Little.

An Open, Competitive, And Liberalized Financial Market Can Effectively Allocate Scarce Resources In A Manner That Promotes Stability And Prosperity Far Better Than Governmental Intervention.

Regulation Needs To Catch Up With Innovation.

There Are Two Issues That People Sometimes Confuse, But They're Very Closely Related. There Is The Strength And The Stability Of The American Financial System. And It's Very Important That That System Remain Stable And Remain Strong And Lending Is Very Important To Consumers. Secondly, The Economy. And What Has Gone On In Financial System Is Impacting The Economy. And As The Economy Is Turning Down, It Is Very Important That Lending Continue To Be Available And Be Available To Consumers. So What We're Doing With This Facility Is To Support - Is To Support Consumer Lending.