government to confer opportunities through the transcontinent railway, the land-grant colleges, the homestead act instead of a washington-knows-best command-and-control federal government. it's been our tradition for allowing decentralization of a federal government. it has given us the best colleges and universities and a standard of living that produces 25% of all the money in the world for just 5% of the people in the world, the americans who live here. unfortunately, the wisdom that secretary duncan expressed seems to lie almost exclusively in the department of education in this administration. it's an oasis of common sense. because at an astonishing rate, almost everything else in washington seems to be that washington knows best. i was visited by a european auto executive the other day who said to me jokingly, well, i'm glat d to be in america's new automotive headquarters, washington, d.c. well, it's also becom becoming america's banking center. it is becoming america's insurance center. unfortunately, even in education washington, d.c., is now about to become americans' student loan c