particularly my good frend joe serrano, rodney alexander, i'm interested in your input and hope we have good attendance at all other hearings. we'll follow the five might rule for questions, except for ranking member cerrano who can take as much times as he likes, i imagine will be getting into more discussion of the cardinals and yankees, as the baseball season progresses but that is always coincides with the beginning of our hearings. for everyone else, keep questions and comments to about five minutes. and i want you all to know, particularly rodney, i won't cut anyone off in the middle of a sentence. recognize members in order of seniority based on who is present at the beginning of the hearing, going back and forth between the parties, and for late-comers, we'll recognize them in the order they arrive. while i'm sure we will not always agree on the issues coming before the committee, all members and witnesses will be heard and respected. i would like to welcome our witnesses for the first hearing of the year. chairman leibowitz and commissioner rush. the ftc is responsible for prot