Chi Sis News Today

Worlds largest producer of oil and gas, something thats not recognized necessarily widely in this country. and half of all to lng, liquified natural gas, that goes to europe which competes with the pipeline gas comes from the united states. and this year the united states is going to become the worlds largest exporter of lng. so we have a very important role to play in the security, keeping the lights on in europe and giving them options as this chi sis intensifies -- crisis intensifies. paul: y...

And its not about -- not about decoupling china. its about a level playing field. and by the way, china is undervaluing their currency. if you have a half a trillion dollars in deficits with europe and the u.s. by definition china is manipulating their currency. >> and david, let me read to you from paul krugman today in terms of tendency of everyone, politicians and reporters alike, to overreact. attempts to explain daily stock movements are usually foolish. there was no evidence for any of the...

Its good for our economy. this settlement also protects our ability to further investigate the practices that caused this mess, and this is important. the mortgage fraud task force i announced in my state of the union address retains its full authority to aggressively investigate the packaging and selling of risky mortgages that led to this chi sis. crisis. this investigation is already well underway and working closely with state attorneys general, were going to keep at it until we hold those w...