“At this juncture, however, the impact on the broader economy and financial markets of the problems in the subprime market seems likely to be contained. In particular, mortgages to prime borrowers and fixed-rate mortgages to all classes of borrowers continue to perform well, with low rates of delinquency.” – Ben Bernanke – March 2007
“The fact that those valuations are high doesn’t mean that they are necessarily overvalued. We are enjoying solid economic growth with low inflation. And the risks to the global economy look more balanced than they have in many years. I think when we look at other indicators of financial stability risks, there is nothing flashing red there or possibly even orange. The banking system is more resilient than in the past, and there is not a worrisome buildup in leverage or credit growth at excessive levels.” – Janet Yellen – December 2017
“I ran for office because I was very critical of President Obama’s trillion-dollar deficits. Now we have Republicans hand in hand with Democrats offering us trillion-dollar deficits.”
Rand Paul