I had the opportunity to engage the Governor in conversation about the general state of the US. economy. We are talking here about how to restore the flow of credit back into the markets. I pointed out about 10 trillion of capital is sitting on the sidelines because of lack of confidence in the securities markets. I offer up the idea of putting in place FDIC type of approach to restore confidence in the securitization of loan portfolios as a way to get credit moving again. 


We both agreed the government needs to get out of the way and stop penalizing small business with higher taxes, as well as stop bailing out every one considered too big to fail. 

"Ideas are a dime a dozen... but the man who puts them into practice is priceless!!!"  - Joe Gandolfo