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the provision of this information is essential to informed discussion of how the TARP is doing in achieving its goals of restoring stability to our financial system, getting credit flowing, and reducing foreclosure rates.

Congress should require such a regular and disciplined accounting by TARP.

We have almost no information about where the TARP funds have gone and whether they are making any difference.

We still have not figured out any real connection between this imprisonment and lowering the crime rate.

I think that is where the biggest bang for the buck could really be in terms of cutting recidivism rates.

Frank Wolf, Congressman Wolf and I and a number of other members over time have been concerned about incidents inside the prison, particularly prison rape and other things.

Thank you, Mr. Chairman. Let me first commend the Chairman for the funding of the legislation, for The Second Chance Act.

I think it was right on point and I was pleased to be supportive of it.

I agree with the Congressman that research in this area would be important.

We imprison more people than any other country in the world.

What the invention is, you have to define the invention.

It would be highly desirable to legislate in this field and to modernize the patent laws.

The critical factors, it seems to me, if we are to succeed with legislation, is the issue of the damages.

What we don't do here today and fix this problem, a child will be victimized tomorrow.

I happen to believe in that phrase that where there is a will, there is a way.