| 00:00:00 | EFFECTIVE SOLUTION TO MUCH OF THE DIFFICULTY HERE. |
| 00:00:04 | I'LL LEAVE IT AT THAT. |
| 00:00:05 | THANK YOU. >> MR. |
| 00:00:06 | WALKER? >> JUST BRIEFLY. |
| 00:00:08 | YOU'RE RIGHT, SENATOR COLLINS, BLIND TRUSTS ARE REALLY A MECHANISM BASICALLY ONLY FOR PEOPLE WHO HAVE SUBSTANTIAL ASSETS BECAUSE THERE ARE ADMINISTRATIVE COSTS, AND THEY ARE ONLY BLIND IN SO FAR AS -- THEY ARE NOT BLIND WHAT YOU PUT IN INITIALLY, ONLY IF YOU PUT IN CASH OR AFTER A PERIOD OF TIME AFTER THE ASSETS SOLD DOWN TO A PARTICULAR LEVEL, YOU'RE NOTIFIED YOU DON'T HAVE THEM ANYMORE, BUT THEY ARE NOT BLIND WHAT YOU PUT INTO THEM, AND LIMITING INVESTMENT OPPORTUNITIES FOR MEMBERS AND STAFF, I'D BE CONCERNED THAT YOU WOULD BE, PERHAPS MAKING IT HARDER TO ATTRACT THE BEST AND THE BRIGHTEST OR REALLY EVEN THE PRETTY GOOD AND THE FAIRLY SMART INTO GOVERNMENT SERVICE. |
| 00:00:54 | >> WELL, I'LL TRY NOT TO BE A OFFENDED BY THAT WITH A PERSON WITH NO ASSETS |
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