We cannot afford to assume that time is on our side against Qadhafi.

We must not fail in Libya.

But, for the United States to be withdrawing our unique offensive capabilities at this time sends the exact wrong signal.

Hope is not a strategy. It certainly doesn't degrade armored units.

We want Qadhafi to leave power, and we want the Libyan opposition to succeed.

If Qadhafi remains in power, wounded and angry, he will only be more of a threat to the world.

We did not seek this military operation in Libya, but we were right to intervene.

So, in your words, a stalemate in Libya is not an acceptable outcome?

There is no substitute for victory.

That is why Libya matters.

I remain a strong supporter of the President's decision to take military action in Libya.

S. 693, the GSE Bailout Elimination and Taxpayer Protection, that would effectively wind down the operations of Fannie Mae and Freddie Mac without offering a clear vision for the future housing system.

I believe this would be a profound mistake with potentially disastrous consequences.

I am a big believer in the BEST.

These plans are based on a fundamental error that the government can act like an insurance company and set a correct price for the risk it is taking.

About 6 months ago, I believe it was before the full committee in September, you seemed to question--call into question the government's ability to accurately price these guarantees.

Thank you. I thought that was the answer, so you clarified that for me.

I assume by definition, you do not define 10 years as acting precipitously. Is that correct?