On the recordJune 10, 1999
I thank my friend. As we pointed out earlier in this debate, when I hear people get up and talk about the high-tech industry and how great the high-tech industry is, I know it firsthand because I come from Silicon Valley country. I meet these people. I am in awe of them. And they are good. They are good at what they do. The vast majority of them are taking care of this problem. They ought to be encouraged to continue taking care of this problem. We should not reward those who are not taking care of the problem, who are riding along as if they did not know. I just love that quote from the Apple people. I do not have it here in front of me, but it is something like: We may not know a lot of things, but we knew the century was ending. At some point people said, ``Whoops, there is going to be a problem.'' I guarantee it was well before 1990. But I think we are being very careful in this amendment not to place an undue burden on these people. We are saying you can recover your costs from 1990 to 1995; prior to that, you can charge anything you want. We really are being fair in this amendment. I am stunned we did not get this amendment accepted. I cannot tell you the feeling I have. I am amazed, because when I think about the beginnings of this bill--I remember being excited I was going to be the Chair on the Y2K problem, because I was in line to take that. I asked Senator Dodd if he could do it, because it was a tough time for me; I had an election, and I had my regular job.
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