bubble formation in housing and other baubles that were formed were the ones who got overextended -- bubb les were the ones who got over and send it. the american -- the ones who got overextended. it is an unfair system and it is bad economics and it is not legal under the constitution. >> that we go back to your suggestion that you have a bigger that phone with the subcommittee chairmanship. how far is the republican leadership willing to go with the investment -- with the investigation of the fed? are you in concert with the direction you are taking the subcommittee? will you receive support as it moves to the committee level? >> the conversations i had had with the chairman said i am in charge of the subcommittee. that does not mean that in the first week in january i sent over a subpoena for ben bernanke and the man he come over with a pile of papers. i do not think that would be logical. but to start sending requests to their accountants and say this is what i want and to see what happens. this is a lot of information. the law has been changed. we want at least that. they can still h