Judd Gregg

I've always been a strong supporter of environmental protection and initiatives in that area. But I'm willing to set priorities. If we have to make reductions in one place, we'll have to-in order to increase another place, I'm willing to do that.

By irreducibly complex I mean a single system composed of several well-matched, interacting parts that contribute to the basic function, wherein the removal of any one of the parts causes the system to effectively cease functioning.

Over and over again, financial experts and wonkish talking heads endeavor to explain these mysterious, 'toxic' financial instruments to us lay folk. Over and over, they ignobly fail, because we all know that no one understands credit default obligations and derivatives, except perhaps Mr. Buffett and the computers who created them.