Absolutely.

I have received a report suggesting that there may be massive savings if you had two sources.

I believe that we must have a fair, open, and honest Air Force tanker acquisition process.

I am telling you, if we had gone forward with nuclear power, we wouldn't have to be depending on France today for certain technologies.

Sixty-seven percent of Americans are in support of building more nuclear plants.

We are certainly advantaging one technology over another in that we are giving direct substantial subsidies for wind and also talking about mandating a certain amount of it.

I think it comes at an especially critical time for the Commerce Department.

Given the devastating effects of the current economic crisis, I believe that the Department of Commerce must first and foremost focus on the preservation and creation of American jobs.

For nearly 30 years, utilities did not order a single new nuclear power plant.

We have rigorous stress testing around those models.

But, you know, it goes back to the question I raised before, to which I think you affirmatively responded, that in terms of overall risk mechanisms or risk compliance, that it was clear that the umbrella regulator had that responsibility.

Well, let me raise--because this has been publicly discussed.

I will say, though, that in terms of really doing our job, if we sense that there are deficiencies and need to do more than the functional regulator is doing, we do reserve the ability, I think--under Gramm-Leach-Bliley, in fact, by…

Yes. Mr. Long, the same sort of set of issues about reliance upon information and being a captive of the regulated entity.

You know, where was the risk assessment at the enterprise, as you described it?

But there is another way sort of to get the message across to the marketplace, and that is enforcement action.

Blame must primarily be placed at the feet of these financial institutions which gambled and then cashed in on exorbitant transaction fees for creating exotic new financial products.

The governance structures, the firm managers, and sophisticated models all failed to capture the magnitude of the risks that were building.