On April 12, the banking regulators released their proposal on 'Margin and Capital Requirements for Covered Swap Entities.'

The Act established a framework for the country to build a stronger, safer, and more competitive financial system.

I think that you should first of all wait and see what the court says, number one, but number two, I am offering my opinions here both on law and on proper administrative policy.

The $2,500, let us be straightforward about it, was a campaign document.

I find it interesting that this discussion started out suggesting that a lot of people were going to not--in the future, not going to offer insurance.

The question, Mr. Chairman, related to the assumed liabilities that the purchaser would undertake as part of the asset sale.

It is a question of how many liabilities does the purchaser assume without going into that dangerous area of being not feasible as a business operation.

I think Ranking Member Bachus and Chairman Frank have a bill that they are putting on suspension, it should be next week.

But don't you think that is germane to what we are trying to deal with there? Or it is going to be significant.

I believe my submitted statement suggested that the size of the dairy herd had declined about 145,000 head.

The issue is not whether the program can work, but really the issue is one of--is that, in and of itself, adequate to solve the dairy cost price squeeze that we are facing currently?