 Before I start I would like to say that I fully agree with Commissioner Siviniki. I'm also grateful that there is no draft here to mess up my hair. But she also mentioned something that Admirer Rickover said. And I agree with him but I must say that being a former professor and maybe the chairman agrees with me, I have a certain amount of fondness for academic reaction. Now the title of my speech is The Education of an Engineer in Policy Making. And something interesting happened. A member of my staff was having lunch with an attorney from the NRC and when the attorney heard the title of my speech he asked smilingly Can you really educate an engineer? That was a mistake on his part because now I feel free to tell lawyer jobs. So an engineer, a graduate student and a law student were having lunch. The engineer started peeling an orange. The law student asked, now if you were to give someone an orange, how would you go about doing it? The engineer replied, here is an orange. The law student said, no, no, no, no, that's not the way you do it. I would say consistent with all relevant statutes, I hereby give and convey to you all in singular my estate and interests, rights, claim, title and advantages, all in said orange, together with all the rind, juice, pulp and seeds and all rights to bite, cut, freeze and otherwise eat the same or give the same away with or without the pulp, juice, rind and seeds. Having dispensed with a lawyer job I can now begin with my education as a commissioner. I have now been a commissioner for almost three years. Before that I spent my whole career in academia first at UCLA and then at MIT. My appointment as a commissioner resulted in a major change in that blissful life. Today I will offer several observations on this change. Before I start though, I know that some of you view me as a commissioner who is always promoting the use of risk information in regulatory affairs. I'm going to promise something that may shock some of you. My objective here today is to get through the entire speech without mentioning PRA any further. I hope you appreciate how painful that is for me. I have found commission activities to be a fascinating combination of science, engineering, law, policy and stakeholder interaction. The commission as a collegial body formulates policies, develops regulations, issues orders to licensees and adjudicates legal matters.