Can be accomplished [ inaudible ]. Why dont you go ahead and take it. So let me first say, i think you touch upon an important observation about too big to fail which so much relies on the discretionary decisions of government and government decision makers, whether it is the d. O. J. Or the s. E. C. There is nothing about too big to fail economists. It is by political decisions and of course when eric holder goes before congress and said that somebody is too big to jail, that reinforces that perception. And on the data point, so again i would start with data can be suggestive as best and during the crisis we saw suggestive data that the funding advantage for the largest institutions had expanded and yes that has contracted but in my opinion you would expect that to contract post crisis. I think you could compare the funding cost today versus precrisis over time. People forget before the crisis, say in 2006, the largest banks paid more to borrow than the smallest banks. It was complete
A lady told me she came at 1 00 and is planning to stay until the cool closes. A number of people cooling off today. It was a hot day in the city. For kids in the summer rec programs a great day to be in the pool. The kids amused themselves at the splash park. Im with my mommy and daddy. Not so busy downtown. The food truck where a lot of people decided it was too hot to eat. At least too hot to eat outdoors. So hot. Some sat out in the sun with the newspapers. Way to take advantage of the good weather. Sam raj says this is nothing, they regularly have the temps of 103 degrees over there. We have three seasons. Hot, hotter hottest. But a lot of women had out parasol to block out the sun. Hydrate, hydrate, hydrate. Construction workers dealt with the heat today. Whether several stories up in the sky or directing traffic on the ground. Sam he was talking about hydrate, hydrate, hydrate. Construction worker dealing with it. There are the people here in the pool. Now the National Weather s
I would like to thank the attorney for his and his offices work as well as a dedicated terry from the Department Civil Rights Division and extend my thanks to the solicitor for being aa partner in this matter. We have a strong working relationship and look forward to continued collaboration at the parallel state and federal prosecutions worked their way through the respective court systems. Thank you for your attention. [inaudible question] yet to be determined. Both cases will proceed through the court system and we will work to reduce unnecessary burden to the families. [inaudible question] deciding who goes 1st. There are a number of factors. Both cases are in the early stages and have yet to have motions. It is difficult to say. This seems to fit the definition of domestic terrorism. There is no specific domestic terrorism statute. However, hate crimes are the original domestic terrorism. The behavior alleged to have occurred his archetypal behavior. We havewe have a defendant who
Every dollar that a main street business has to invest in lawyers and accountants to explain this gibberish is taken out of workers wages and capital investment. Is it any wonder that our economy is limping along at 2 Economic Growth, 47 below is an norm . Third and perhaps most ominously doddfrank has made as less free. We are losing not only are Economic Freedom we are losing our Political Freedom as well. Today americans are less and less governed by the rule of law and more and more governed by the discretion of regulators. It is osha not congress that governed the Workplace Safety. It is epa that governs our air quality. It is hhs now not congress the covers over health care and most alarmingly to Economic Opportunity and economic liberty it is not a bureaucratic progeny of doddfrank the rules abroad Financial Markets. John macy was most present wind up quote law class that provides people with the rules. Doddfrank is not directed at people. Its an outline directed at bureaucrats
Testifying today before the Senate Intelligence Committee Attorney general Jeff Sessions denied any collusion between him and russian officials during the president ial campaign. He also answered questions about a private meeting in february with the president and then fbi director james comey. Senator richard burr of North Carolina chair is this two and a half hour hearing. And [inaudible conversations] [inaudible conversations] i called the hearing to orderore please attorney general sessions, appreciate your willingness to appear before the committee today and thank you for your years of dedicated service as a member of this body and recent leadership at the department of justice. As i mentioned when the director appeared before us last week that his committees role is to be the eyes and ears for the other 85 members of the United States senate and the American People, ensuring that the Intelligence Community ishe operating lawfully and has the necessary tools to keep america safe.