It is not worth the cost, but we love it because every time they build a wind power facility, we get to build a natural gas facility beside it for peaking power.
Kit Bond
The Public Record
Christopher S. Bond is a former Republican U.S. Senator from Missouri, serving from 1987 to 2007. He was the first Republican to hold the Senate seat since the 1930s and was known for his work on issues such as transportation, agriculture, and national security. During his tenure, Bond served on several Senate committees, including Appropriations and Intelligence, where he focused on enhancing the nation's security and infrastructure. He was also involved in various initiatives to support Missouri's economy and promote job growth.
I agree with Senator Alexander that we need to begin taking a look at the economics of wind power.
Well, thank you. I think that is very important. Senator Murray and I are concerned a whole lot about what happens in Washington State and Missouri.
Good. That number needs to be publicized because that is the greatest prophylactic to let people know if they are going to do it.
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.
I think one of the most critical values that will come of financial reform... is the creation of a CFPA.
I strongly encourage... that without question, no one is carving out the products that you address.
The problem of shaky subprime mortgages was exacerbated in Wall Street by creating mirror derivatives based on the subprime securitized mortgages.
Now, while we are asking easy questions, as you have indicated and the chair has indicated, as you know, we are debating a financial regulation bill on the floor.
We are kind of looking at hither and yon, but we need to have where we are rather than hither and yon.
You mentioned that you are still confident in the official $5.8 billion estimate or whatever it was that OMB came up with.
Have you got a number? How many billions will you experience in loss this year?
The spigot of taxpayer dollars flowing into the GSEs cannot stay on indefinitely.
I am still waiting for real transparency in the current administration grant making process.
I hope that you will look at how you can streamline that to--they are telling me I have got one minute left on the vote.
We all have the same goal to make sure that the communities in States around this country... are thriving parts of every State in the Union.
Your basic responsibility is the core transportation needs, and we put money into the Highway Trust Fund.
I do not see it as the responsibility of any Federal agency to tell our towns and cities what would make their communities more livable or sustainable.
I am not as confident that entrusting Federal decisionmakers in Washington to lead the process and tell communities how they should go is the right way to grow.





