Let me also make another observation because I think your analysis has been the most inclusive of any that I have seen.
But what was so unusual here was that we set in place a moral hazard situation with the GSEs like no other.
I think he got that very wrong.
We have had test after test. We have had broken promise after broken promise.
I was vehemently against the Bush administration's decision to remove North Korea from the SST list.
I have introduced a bipartisan bill, the North Korea Sanctions and Diplomatic Nonrecognition Act, that would do just that.
I hope that China will finally understand that the North Korean regime is a threat to stability in that region of the world.
The regime is endemically hostile to the United States and warrants watching.
The fact that North Korea warned today that it would cancel the Korean cease fire in retaliation for more sanctions only reaffirms the threa...
We have had de facto peace in Korea, unstable at times, but it has been the longest period of peace in the Korean Peninsula.
If I could just ask, were you addressing the chairman when you said Iran fears Israel and therefore is developing a nuclear weapons capabili...