and larry lindsey, ceo of the lindsey group, former director of the economic council, you've done greater your time. and some administrations, right? >> not everyone thinks that, but thank you. >> well, i think of you and i'm being really honest. you told the truth about the iraq war and got punished for it, but you never really turned on like so many people that leave an administration and then they're bitter and go back and say something, you had never done that even though i think you were treated badly. >> well, i was fortunate to be able to serve. >> all right. they call it squawkward box at times. >> 9/11 was tough, as well. >> 9/11. what was your capacity in that? >> nac director. and i was -- i remember the secret service running down the halls saying run, run, run incoming plane. that's kind of a memory that sticks with you too. >> people don't remember the market cap loss was trillions that week. >> well, the president came -- when the president came in to office, president bush, we had 6 trillion in equity market losses that president bush inherited from herpredecessor. every

second we will hear from larry lindsey of the lindsey group who served as director of the national economicouncil and the governor on the board of the federal reserve. third we will hear from the leonard burman the personal professor of public affairs at the maxwell school. dr. burman is former director of the urban and brooking stacks policy center. then we will hear from david verrill, founder and managing director of public angels investment group in massachusetts who recently assumed role of chairman of the angel capital association and finally we will hear from william stanfill, general partner of the integra capital income fund and trail head ventures. mr. stanfill has been in the investment business for 40 years. thank you for being with us today. the committee received each of your written statement that they will be part of the hearing record. each of you will be recognized for five minute 4 or 0 remarks. we begin with mr. brockway. you're recognized for five minutes. you can turn on your microphone. >> does that do it? >> that helps. >> i am a strong advocate of comprehensive tax