But the federal government, our collective government, has responsibilities that none of these other levels of government can fulfill; and chief among these is national defense.

If people are going to be cooking the books, you're in trouble.

But if you look at WorldCom, which is the biggest failure to date, they grew dramatically, they were buying companies that were bigger than they were and they were doing it off inflated stock.

I hope there will be some good news and some good profits, and people will realize we have a lot of outstanding executives, and a lot of companies that are doing a good job, and those are good companies to invest in.

When you look at other countries that are developing the capabilities and the technology to deploy missiles of very significant destructive capability with nuclear, chemical, or biological warheads, then the MAD dogma makes even less sense.

I still happen to think the United States is the greatest place in the world to invest.

Jim mentioned I was an ALEC member, and that's correct.