Obviously, I think some on the Committee question that.

So the vast majority of these counterparties are U.S., not foreign?

Do any of you see this as leadership failures in the Navy?

I think that holistic approach in trying to go away from some of the more simplistic ways to say well, it is as simple as A produces B, is where we need to go.

I appreciate your advocacy of the ecosystem approach in marine management.

We're burning up a lot of money, and we're not getting a lot of product right now.

I am very anxious to see the implementation of the TALF. I am concerned that it has taken this long.

I think it has great potential. But the sooner we get it rolled out, the better.

But, in effect, what we are saying is consequently folks who bought these instruments should have been doing some level of credit analysis of what AIG was selling who did not do that credit analysis and are going to still come out whole…

There ought to be some haircut taken by these folks at some point in this process.

I just would again encourage you, and I would ask you to please make some comment on whether you think the TALF or any other instrument could be used, either from a backstop standpoint or from going into the markets and starting to…

I mean, we would move to paper. Government paper will be junk bond status.

The charge that that Committee accepted was to identify actions which federal policymakers could take to enhance the science and technology enterprise.

I would hope that we could do much more than we are currently doing.

I really think we are having a tough time. One of the reasons, I think, is that young people are not as interested as they used to be.

Trenton makes and the world takes. And Trenton does not make anything anymore.

Secondly, how many students do we have majoring in math and science and physics and chemistry and biology compared to, say, the Chinese and also India?

Our weakness is with a great bulk of the population who are not attaining a minimal level of understanding.