Whether or not you have good consumer protection has a big effect on safety and soundness of the banking community, especially smaller banks.
Judd GreggAt least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.
Judd GreggThis nation is on a course where if we don't do something about it, get federal situation, the fiscal policy [under control], we're Greece. We're a banana republic. Our status as a nation is threatened by what weโve got coming at us in the area of deficit and debt. And itโs only a few more years, at the most, that we have to work with here before the market says, โSorry, your currency is something we can not continue to defend.โ
Judd Gregg