Jack Reed actually said...

As President Kennedy said, you know, failure is an orphan, but success has lots of parents.

Without that, you could, either unwittingly or wittingly, signal that there is going to be an erosion of sanctions.

I do believe that a default on the U.S. debt would be catastrophic.

What we are essentially trying to do is protect servicemembers from interest rates on credit products that are above 36 percent.