Boomers retire end this inefficient system that privileges waste and playoffs is going to become more expensive. I often said if you start from the premise of thinking Financial Regulation is about stability or safety and soundness. One of the things that struck me, a commonality and insurance, it was all kind of hidden, it works on issues a lot. Really out rage you about what is on budget, it seems to be contingent liabilities, what let me ask you, it is it the corruption is worse when theres an element of budgetary secrecy . I would say so. I would say there is and the extent to which they are hidden is extraordinary. It seems like i remember when everybody kept telling me things like money failed, but these are going to be great profit but i am sure it is true. In the case of fannie and freddie one of the problems was they werent keeping on his books. Tom cox is the new senator from arkansas. The vote, he was the only member of the arkansas delegation, a very in the cycle guy, a reu
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