
It is my hope that at the very least $75 million will be maintained and we will find other resources to fully fund The Second Chance Act.
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It is my hope that at the very least $75 million will be maintained and we will find other resources to fully fund The Second Chance Act.

It's common knowledge that our country has become the most imprisoned nation on the face of the earth in both proportion and actual numbers of population.

Today at one o'clock, I will reintroduce 'The Federal Prison Work Incentive Act of 2009,' a piece of legislation designed to restore good time in federal prisons and correction facilities.

Bobby Scott and I were authors of the bill on prison rape, and this has been a great hearing.

I commend you for asking that 'What is the one take-away?' question from each of these gentlemen.

We need to make sure we get rid of this Swiss cheese approach to regulation.

I just do not want to be here 5 years later looking at what the next round of new products would be and say, 'Why didn't we see that ahead of time?'

This problem we are in the middle of the crisis now of too big to fail.

I think we will get to some stance where we will have some level of regulatory oversight.

When we look at this violence that is going on principally along the border--it's not simply along the border and it's not totally because of what the Mexicans are doing, although I certainly would express my appreciation for their taking…

Performers, too, are creators who deserve and need to be paid.

But I think what you are also saying--I know my time is up, I apologize, Mr. Chairman--but you are telling us, Congress, go fix this.

Why has there not been a more focused effort on making sure that some of these counterparties--you are not even going to tell us who they are--at least take a haircut?

We, the American taxpayer, have taken a high-flying company that was doing what most of us would believe in a normal market circumstance was high risk.

AIG still racked up subsequent to that, wasn't it north of $64 billion in losses?

And my last--my time is up, but if in just maybe a straight yes or no on whether I am hearing you correctly.