Thank you, Mr. Chair. I appreciate the presentations this morning. I just want to indulge in a few questions.
Mr. Johnson, you mentioned that you may be a rose between two thorns. My father refers to this as a pain somewhere on the anatomy.
You bounced around a little bit on the regulation question. Certainly on this side of the table it's not something we would really like to get into or even contemplate, but you did touch on it. At the same time, you had this personal or at least what sounded like a philosophical view that regulation by government isn't something that should happen on this issue. Maybe you could just clarify that for us.