Asked about his viability, Paul took umbrage with a question about whether he is electable as the GOP nominee.
“Are you suggesting the Republicans should write me off because I am
a strict constitutionalist? I am the most conservative member here. I
have voted, you know, against more spending and waste in government
than anybody else,” he said.
“You’re saying now that we have to continue borrowing more money
from China to finance this empire we can’t afford. Let me see if I get
this right. We need to borrow $10 billion from China, and then we give
it to (Pakistani President Pervez) Musharraf, who is a military
dictator who overthrew an elected government, and then we go to war, we
lose all these lives, promoting democracy in Iraq. I mean what’s going
on here? And you’re saying (I am) not appealing to Republicans?” Paul
Shorter Floyd Norris:
We bankers are
idiots, we can’t do basic math, have little in the way of risk
management. Lobbying for FASB rule changes is the only way we can cope.
Also, our investors may likely be idiots also.
Longer version can be found here:
Banks Plead They Can’t Follow Rules
NYT, January 11, 2008