Well, I think we were all sort of--and I think Senator Corker was not only being his usual insightful and charming self, but the reality is had we started in this all fresh, there would be one agency dealing with these products that…

But I think this notion that we are going to let it the good will of the regulators does not work.

I think that is very sound because I think we will anticipate for good reasons and sincere reasons there could be different perspectives, and there has to be an action-forcing device.

Let me just raise a point that I would like to make, or at least to put on the table...

This week the Senate is on the verge of making fundamental and urgently needed changes to reform Wall Street and protect consumers and investors.

We are still left, I think, based on your testimony, with the conclusion that we are not quite sure what was the decisive precipitating course.

One could suggest that with all these good things happening in Spider and the self-correcting logics, had suddenly the government of Greece announced that it was suspending all of its payments, those things would have been, I think, might…

Based on that, and again, I want your comments, is that you cannot assure us that this problem would have been self-correcting given the market mechanism in place, is that a fair judgment?

Markets Crash, Close, May Not Open, which might be a self-fulfilling prophecy.

I think the hearing has indicated that you gentlemen and the regulators have a lot of work to do, and we have got a lot of work to do.

But, it just strikes me that this is a cost to our land forces who are engaged in Afghanistan and Iraq, that some of the skills that they would need for non-counterinsurgency are not being exercised a lot.

We have to ensure it's the right path, because we won't get a restart opportunity.

I think it's a very sensible program and that we have to follow through.

I want to commend Senator Wicker and my colleagues for raising the issue of Secretary Gates's speech.

We don't want to cut ourselves short on R&D, because we want to get it right.

Mr. President, I thank the Senate majority whip for cosponsoring our legislation. I appreciate his support immensely. He has a wonderful way of making things clear and helping people understand how basic and simple and historic this…

Madam President, I had planned to offer an amendment this afternoon. I have been informed by the managers that the amendment slots are full at the moment. I wish to speak about my amendment and then return to the floor at the earliest…

I appreciate Senator Specter holding this.