Any informed borrower is simply less vulnerable to fraud and abuse.

Developing protectionism regarding trade and our reluctance to place fiscal policy on a more sustainable path are threatening what may well be our most valued policy asset: the increased flexibility of our economy, which has fostered our extraordinary resilience to shocks.

Whatever you tax you get less of.

The process of innovation is, of course, never ending.

Corruption, embezzlement, fraud, these are all characteristics which exist everywhere. It is regrettably the way human nature functions, whether we like it or not. What successful economies do is keep it to a minimum. No one has ever eliminated any of that stuff.

Well, you probably will always believe there should be laws against fraud, and I don't think there is any need for a law against fraud.

Anything that we can do to raise personal savings is very much in the interest of this country.