Turned out to be. When they discovered that we were going to have a long and drawnout scenario as to who actually won this election, the news media as they usually do clapped their hands and said, boy, weve got something going here for a long time. Now all we have to do is get somebody on that Supreme Court who is willing to tell us how the court is going to rule. Thats the florida Supreme Court. Well, obviously they couldnt get that. The next thing was well, lets find somebody who is on the Supreme Court and maybe he or she can help us out. Thats how they got to me and i appeared in about 75 to 80 interviews on tv and on the radio give them my opinions as to what i thought may happen next. And it might surprise you to know that i was on every major network, even on pbs, even on Geraldo Rivera whats his name again . Rivera. Anyhow, i was on his show, which was an experience in and of itself the one night they had me standing by in a tv studio in miami and he was wherever he was conduct
Boy, weve got spg going here for a long time. Now all we have to do is get somebody on that Vietnam Supreme Court who is willing to tell us how the court is going to rule. Thats the florida Supreme Court. Well, obviously they couldnt get that. The next thing was well, lets find somebody who is on the Supreme Court and maybe he or she can help us out. Thats how they got to me and i appeared in about 75 to 80 interviews on tv and on the radio give them my opinions as to what i thought may happen next. And it might surprise you to know that i was on every major etwork, even on pbs, even on Geraldo Rivera whats his name again . Rivera. Anyhow, i was on his show, which was an experience in and of itself the one night they had me standing by in a tv studio in miami and he was wherever he was conducting it, i think it was on cnbc at the time, and they had two fellows there. One representing the republican party, the other representing the democratic party. And they were arguing and screaming
Think history will record, is that you were not fully functioning until may of 2013. That is about 8. 5 years lost of a very critical mission. Let me just say that a goal in the law, certainly my personal goal was to have in the law certainty that liberty and security were reinforcing values in the policies and practices that we established under the law. Is if ever that function were needed, it is right now. Me that youunate to were one of the best kept secrets in washington. I know you are making a massive effort to get out there and i commend you for it. Urgenthink the need is and you, uniquely among the different groups in looking at arepolicies and practices, able to make sure from the inside that we are doing the right things. Let me make two other points. Germanyas in berlin, a week ago today, at , dinner for top policy types think tank leaders, and business people. All of whom were shocked and horrified by the revolution europeanns revealed in newspapers. When i told them that
Traditional methods where those arent possible. You dont need as much regulation on the consumer side in the long term to the midterm as the system grows up. In the short term, consumers should be aware this is a high risk environment, and its not quite ready for mass adoption today. That time is it coming, but its not here yet. Thank you. Mr. Allen opinion. I dont think i have much to add, other than to say, one of the groups i met with are industry leaders. They view as the other panelists do, Virtual Currency akin to cash. There is no fdsc. There is not that level of protection. So i think it has to be viewed as high risk, and i think the points that the other pannists made about the fact that Consumer Protections are part of a work in progress, but certainly something we need to be aware of. The in anticipation, this hearing is asking our staff tell me a little bit, who was the creator, who are the creators . And im told that the protocol was developed by either by a programmer or
Billion dollar regulation and was the top priority by osm. In the report, you detail how the director called the former Regulatory Support Division chief to his office and expressed concerns about the leaked job loss numbers and how they could embarrass the president , since he had just delivered the state of the Union Message indicating that jobs would grow in the administration. The report cites and osm official who was the project manager, who quoted the director is telling him that obviously , andhing needs to change he was to figure out a way the assumptions could be changed so the numbers did not look so bad. Another osm employee testified that her impression was that this direction ultimately came from the director. The job lossheard number was going to be hard to overcome. Yet when reporting on your interview with the director regarding changing the baseline he said he did not know who made the decision. Is that even believable . All of theman, things you have just expressed ar