Kit Bond

I have worked for the last 5 or 6 years with many of my colleagues to improve the services for PTSD and TBI.

But you are seeing only the younger ones with PTSD and TBI, the success rates, the bottom line that Mr. Norman referred to is not quite as good as the older, say, more mature veterans of your age and even as high as mine.

We are going to have a bunch for the record.

I cannot understand why the administration chose to eliminate the HUD-VASH program in fiscal year 2011.

Foreclosure counseling is not good enough. There has got to be pre-purchase counseling before somebody buys a home.

I think that is very important. Senator Murray and I are concerned a whole lot about what happens in Washington State and Missouri.

Have you got a number? How many billions will you experience in loss this year?

We are interested in getting a handle on this because, as you have indicated, there are so many moving parts in this that we want to try to get a handle on as many as possible.

It seemed to me that that policy was designed to bail out lenders on their risky investments but did little to save a home with a risky loan for the homeowner.

We are in a real problem, and your efforts with FHA and your guidance on other things may be of help to us in trying to find a way out.

to quote an earlier comment by Senator Bond, "skin in the game"

The problem of shaky subprime mortgages was exacerbated in Wall Street by creating mirror derivatives...

That number needs to be publicized because that is the greatest prophylactic to let people know if they are going to do it.

The only thing I would add, I took a very high-level law school course on banking and bankruptcy.

I think one of the most critical values that will come of financial reform, if it gets passed, which I strongly encourage, is that without question, no one is carving out the products that you address.

I do not see how, with the problems we have, which are too much like Greece's problems with our debt...

Yes, we would like to know because we need to get a handle on this somewhere.

Thank you very much. Your questions and your responses raised a whole bunch of interesting areas.

You mentioned that you are still confident in the official $5.8 billion estimate or whatever it was that OMB came up with.

We are debating a financial regulation bill on the floor...

I think to some degree you have articulated a very important point. When you have multiple regulators, specific ownership of specific risk attributes may become murky.

I'm not willing to buy the 14th Street Bridge again.

Thank you very much, Mr. Chairman. I asked him to be sure and start the timer, because I've got a lot to say, but I join with you in welcoming Secretary Donley and General Schwartz.

We all have the same goal to make sure that the communities in States around this country... are part of and thriving parts of every State in the Union.

I have a philosophical question about that because this seems to indicate that the Federal Government is the one that is going to decide what makes a community livable.