No veteran or active duty service member should endure a long hospital stay alone. Yet sadly, due to the high cost of travel, all too often our military families are separated while America's heroes receive care. Sometimes families sleep in hospital parking lots, unable to afford long stays in a hotel.
The presidency of the United States is a very unique elected position. So if anything merits a longer vetting process, the presidency does to some extent. In general our election cycles are too long, but this job is so consequential that I don't think it's a bad thing to give people more time to get to know you.
Imagine a country where the vast majority of seniors live in poverty, a country where for many there are no golden years, but a time of struggle and dependence. That was the United States before the creation of Social Security, which has proven to be one of the most effective and important government programs in our history.
An institution that borrows on a non-prioritized basis would never contemplate borrowing on a prioritized basis. Doing so would undermine its standing in the bond market and suggest that it is not worthy of its strong credit rating. This type of self-imposed downgrade would materially affect its financial prospects.
We really need to move to a bit of a post-partisan world where we actually start solving problems and stop kind of living in a country where the political leaders act like half the country is entirely wrong about everything they believe and increasingly try to pit American against American.
By any measure, CapitalSource outperformed both our direct competitors and the financial services industry in general, particularly in the context of the near collapse of the financial services industry where 19 of the 20 largest financial institutions in the country either failed or were bailed out by the government.