TRIA really works; it is doing well, and that could be the fix for flood insurance.

This is about protecting the taxpayer as much as we can. This is the fiscally conservative, prudent way to do so.

Congress must move on terror insurance.

So where does the money come from to service your debt? You have half-a-billion dollars a year in debt.

In Staten Island, New York, after you announced the massive toll hike, never before seen such a massive toll hike, the New York Container Terminal lost one of its largest customers.

That is why they are not here today, Mr. Foye.

Isn't it true that all of these things, these excesses, the mismanagement and the over budget, are major factors to raising tolls also?

Thank you very much, and I want to thank the chairman, Chairman Duncan, for having me, and the panel for having me.

I can tell you as a fact, there is no question in my mind that the container terminal is on life support.

They are down to 25 percent of the business they used to do.

When someone is on life support, when basically they have a gun to their head, they are going to say whatever you need them to say.