It seems like the red tape and the regulatory aspects that get in the way of communities like ours getting these projects off the ground.

I assume that your view is that there is Federal authority now to be able to intercede, either through the Treasury or the Fed, with the VRDO market in some way that may give hospitals, public hospitals, schools, and other municipal credit…

Mr. Chairman, thanks for holding the hearing. It is from this perspective truly a row of witnesses.

If our markets were lubricated and were doing what they were supposed to be doing, we wouldn't be sitting here talking about investing taxpayers' money.

Thank you, Mr. Chairman.

I really am interested in hearing some testimony at some point on how these workouts are actually happening.

So the Fed may be OK, but the Treasury may be----

What is so frustrating is that you get a very strong sense that there was nothing inevitable about any of this stuff.

I for one--and I am sure other people up here--will be interested to know how the regulator can create its own set of stoplights to be able to say, you know, we feel like we are moving directionally in the wrong place--or maybe in the…

I think that one would have hoped--it obviously did not happen in this case maybe until it was too late--that the boards of directors of these companies would have exercised the fiduciary duty on behalf of everybody and said, you know…

Kids can't learn if they are hungry during school.

Thank you, Mr. Chairman. I appreciate it.