The fdic has the history in being able to do that. Clearly were in far better shape than we were. Of all the economies around the world the one thats doing the best is ours. It wasnt a miracle. It was because of hard work that we put in place here that allowed us to arent there unintended consequences such as the issues of market liquidity, for example . I do want to comment on one aspect of hansling. I was amazed to read i wish i had his ability to say ridiculous thing and be unphased by the potential reaction. He complained nothing has been done since the bill passed about fanny may and freddie mack. The man has been in control of the house of representatives. Hes chairman over the committee that has jurisdiction. Its the great republican myth. The republicans controlled the congress from 1995 to 2006 and did nothing about fanny may and freddie mac. We would have if we retained control worked on it in 2011. The republicans have been in control of the congress and the house certainly
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