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eliot spitzer. you did a nice job on that one. what i liked is that all of the strong comments aren't yours. you're just quoting other people. i tell you, they didn't mince their words. >> ken long didn't mince word. eliot spitzer did a great service when he was trying to uncover wall street fraud, and i think part of the reason that people were so afraid of him, and walked on eggshells around him, is because of that. he was notorious and a fraud fighter and going to get the bad guys on wall street. unfortunately, some people thought the was the judge, jury and executor. and he went on a sunday morning show and said hank greenburg committed fraud. you can like or that it he -- it has the guy but you don't go on a sunday morning tv show and broadcast that somebody committed fraud unless you actually have the evidence. the evidence never showed up. but of course the public's mine was made up by that time. and then let spitzer's career blew up with his own indiscretions, and when nobody -- when very few people came to his defense dur

. >> so basically you avoid eliot spitzer from ever doing that again. >> you would avoid eliot spitzerw cuomo, ag blumenth blumenthal, all of those who steppeded into the vacuum and protected policy-holders, because washington was completely asleep. those very people would be preempted if the lobbyists get this loophole that the white house is concerned about. >> in the face of millions of jobs lost, deprived pension earnings for years as the fed bails out the banks. underwater homes that people like senator judd gregg and others still refuse to actually address the underlying problem of glass-stegall, the separation of banking, the separation of trading and actual requirements? are they embarrassed because they -- >> part, i think there's part embarrassment and part of a lack of understanding that derivatives are not a substitution for financial products. they're a way to hemming. they're always meant to be -- >> they're an insurance product they're a substitution for what you sometimes can't get to be able to insure against certain activities. but what's happened in this country and

problem for him because of what -- >> the hypocrisy -- >> he is a family values -- >> 8 killed eliot spitzer as well. >> see you next week. for a transcript of this broadcast, log on to insidewashington.tv. gwen: this was the week the voters turned conventional wisdom dom upside down. in pennsylvania, arkansas, and

problem for him because of what -- >> the hypocrisy -- >> he is a family values -- >> 8 killed eliot spitzer as well. >> see you next week. for a transcript of this broadcast, log on to insidewashington.tv.

it killed eliot spitzer as well. >> see you next week. for a transcript of this broadcast, log on to insidewashington.tv.

actually, they still dream of having a major league team. 25 years ago eliot spitzer's idea of a fournvolved golf. despite the gains we have made in the last 25 years, it is not always easy being a woman, particularly a mother, in the public eye. with since birth date is tomorrow, i will do my part and recycle a story from my gridiron routine. i have many funny true stories about my children as i am short speaker pelosi could tell. -- short speaker policy could tell. -- sure speaker pelosi could tell. my son had to write a paper about what his mother did. i sat him down to explain what a big deal i was. i told him i was in charge of the prosecutor's office, that i had hundreds of lawyers who work for me, and that we put all of the bad guys in jail. you can probably explain how busy your mother is because she is the best prosecutor in kansas city. a couple of weeks letter i got a sealed note, from the teacher. never a good sign. the notice said, "you might want to keep this board your scrapbook -- for your scrapbook." inside was a paper called, "what my mother does during the day." the

another is elliott spitzer. we need people like this at the top who will watch out for public interest. guest: back in 1997 and 1999, we attempted to regulate what are called synthetic cbo's which were completely unregulated -- cdo's, which were completely unregulated. the $600 trillion value worldwide, 10 times the world in gdp and there is no meaningful regulation. these derivatives. these are the things raided by the credit agencies. the senate legislation will control this if it passes by bringing them into the light, having regulators look at them. one woman -- alan greenspan, larry summers, many of the congressman were unsympathetic to what she was doing. her views have seen the light of day. there are others like sheila bear in the treasury department' and mary schapiro ad gary gensler and -- back in the clinton administration was dubious about regulating these instruments. he has come back and has been one of the most particulates advocates within the administration for the kind of legislation working it

another is elliott spitzer. we need people like this at the top who will watch out for public interest. guest: back in 1997 and 1999, we attempted to regulate what are called synthetic cbo's which were completely unregulated -- cdo's, which were completely unregulated. the $600 trillion value worldwide, 10 times the world in gdp and there is no meaningful regulation. these derivatives. these are the things raided by the credit agencies. the senate legislation will control this if it passes by bringing them into the light, having regulators look at them. one woman -- alan greenspan, larry summers, many of the congressman were unsympathetic to what she was doing. her views have seen the light of day. there are others like sheila bear in the treasury department' and mary schapiro ad gary gensler and -- back in the clinton administration was dubious about regulating these instruments. he has come back and has been one of the most particulates advocates within the administration for the kind of legislation working it

another is elliott spitzer. need people like this at the top who will watch out for public interest. guest: back in 1997 and 1999, we attempted to regulate what are called synthetic cbo's which were completely unregulated -- cdo's, which were completely unregulated. the $600 trillion value worldwide, 10 times the world in gdp and there is no meaningful regulation. these derivatives. these are the things raided by the credit agencies. the senate legislation will control this if it passes by bringing them into the light, having regulators look at them. one woman -- alan greenspan, larry summers, many of the congressman were unsympathetic to what she was doing. her views have seen the light of day. there are others like sheila bear in the treasury department' and mary schapiro ad gary gensler and -- back in the clinton administration was dubious about regulating these instruments. he has come back and has been one of the most particulates advocates within the administration for the kind of legislation working its w

virtually every citizen on earth have seen pictures produced by the hubble, compton, spitzer, all-spacetelescope and the future of space-based and ground-based promises to be exciting. to cite one example, nasa is hard at work completing the completion of the james webb space telescoped scheduled to be launched in 2014. it's designed to look at the infrared spectrum and will have a mirror 21 feet across, far larger than the newest one. few men and women all across the globe probably no field of science is more captivating and more exciting than astronomy. galileo and his early telescopes provided the foundation and this resolution rightly acknowledges his genius. thank you, mr. speaker. i reserve the balance of my time. the speaker pro tempore: the gentleman from texas reserves the balance of his time. the gentlelady from ohio. ms. fudge: i reserve, mr. speaker. the speaker pro tempore: the gentlelady from ohio reserves the balance of her time. the gentleman from texas. mr. hall: mr. speaker, i have no further requests for time. i yield back the balance of my time. the speaker pro tempo