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first question Senator Lee Thank you Vice Chairman Brady and Chairman Casey I intend to make just two quick points before I launch into ques tions because I am of course more interested in hearing from you...

back in this nature Representative Maloney Thank you very much Mr Brady Representative Brady Two quick points And I know a lot of constitutional history has been cited today but just fact check American...

acquired by bank loans but there is a limit to bank credit because each loan reduces the ratio of quick assets to liabilities which is the margin that protects the lender We have never had any experience...Profits come too easily Management has not been compelled to manage efficiently The temptation of quick profits has created black markets and black markets have created further inefficiencies Buying power...inter esting phenomenon which is due I think in part to the fact that most inventories have a fairly quick turn over and mark ups are planned with relation to cost in part to the attitude of the Bureau of...

consent to include in the record so that we can get to our witnesses Let me just make a couple of quick points here Vice Chair Klobuchar Okay Senator Coats It is clear that there is a consensus that infra...Senator Warner wanted to add something as a fellow governor Senator Warner I will simply add two quick points One was I hope when Senator Coats mentioned that Governor Rendell was from one of the first...infrastructure So let s look at where we are Look at what the states have done I am going to read you just a quick synopsis of states who in the last two years have passed revenue increases to deal with their in frastructure...

Senator Toomey Thank you Mr Chairman and thank you Chairman Bernanke for joining us again Just a quick sort of follow up on the nature of very accommoda tive monetary policy Isn t it true as a general...sustained in the longer term And so the more quickly we can get back to that more normal level the more quick ly our economy will be at something close to full employment Senator Toomey Be that as it may I just...we cannot affect long term growth very much That s right Senator Toomey Right Another point just a quick follow up on Senator Coats and Senator Lee who alluded to asset bubbles that have occurred in the...

rates on retirees and those saving for retirement Chairman Bernanke Congressman could I please reply quick ly to your earlier Senator Lee Please feel free Chairman Bernanke continuing Statement on inflation...

ployment rate of 11 6 percent I am going to take what little time I have and tell you Mr Chairman a quick personal story I went over recently to the Giant Food in Old Town Alexandria near where I have my...with this world Representative Paulsen Governor Governor Gilmore Congressman if I could add just two quick things Once again I continue to support Dr Tyson and her idea of the repatriation of assets because...

tax revenue and the sharp fall in GDP due to the finance induced recession Let me deal with a very quick credibility issue So I m hoping I don t get the answer that I think I just read which is Are you say...

during wartime She continued by recommending that at first only such controls be introduced as permit quick action and minimum adminis tration Immediate if limited results are of paramount importance Controls...

it presumably has got to work out problems over a considerable period of time It cannot make any quick turn over from the point of view of its earnings in the initial stages I should think you would have...