as far as financial literacy, is hard to argue against it except the evidence is not very convincing. there's not real good evidence the. wothat it works. i think i'm pretty financially literate and i guarantee you there are a lot of lawyers around the contract forms that i will not understand they are paid very well to do it because i used to be paid to do that. >> i recognize myself for the final five minutes of the day. that is by far the most shocking thing that i have heard here today that financial literacy does. not matter that is in same. with all due respect, i would tell you that if i look at a form and i say this too complex for me to understand, i will not sign it. it is a skepticism that a bit of financial literacy -- and and not try to attack you -- may be your point is that financial literacy is not going to fix everything. i would accept that. >> unfortunately, not everyone is as skeptical as you are. i wish every one was. this is not financial literacy, it is skepticism. >> i understand maybe we should teach skepticism then i think that would be a very good thing. >>

as far as financial literacy, it's hard to argue against it. the evidence is not really convincing. there is a real good evidence that it works, and if you stop and think about it, of course it doesn't. you know, i think i'm pretty financially literate, and i guarantee you that there are a lot of lawyers. the contract forms that i will not understand. and they are paid very well to do with and i know that because i used to be paid to do that. >> the gentleman's time has expired. recognize myself to the final five minutes. boohoo that is by far the most shocking thing that i have heard here today, that financial literacy does not matter. that is insane. with all due respect i would tell you that if i look of the form and say is too complex for me to understand how will sign it. and is the skepticism that an additional bit of financial literacy, and not trying to attack you. the point is that financial literacy isn't going to fix everything. been i would accept that. >> unfortunately not everyone is a skeptical as you are. i wish that was the case. this is a financial literacy. skepti