People Express is clearly the archetypical deregulation success story and the most spectacular of my babies. It is the case that makes me the proudest.

You may have heard that a dean is to faculty as a hydrant is to a dog

Nobody could fly an airplane commercially on any route without specific permission from the Civil Aeronautics Board, and price competition, cutting prices, was illegal.

It turned out that their problems were far more fundamental (than September 11).

We are thrilled to serve as the partner of choice and act as the vehicle for Microsoft to broaden its appeal among a more mainstream market focusing on children and family entertainment. We are confident our strong track record in developing integrated marketing and merchandising programs designed specifically for kids will enhance the future success of Microsoft Game Studios.

It's like saying, 'We've got 95 percent of the benefits of deregulation -- why bother going for the rest?'