Kastenmeier greeted the next speaker, Clint Eastwood, with another question: "Is the movie you're working on now called 'Foxfire' or 'Firefox?' " "It's 'Firefox,' " said Eastwood, before he moved into his own short speech on how the levy is needed to keep an ailing industry in business. "If a film is marginal, it needs the extra things--HBO, cassette sales, network TV sales, to pull it out of the red," said Eastwood before closing with a halting, "That's about the extent of it . . . I could read Jack's speech again."

Patricia Schroeder (D-Colo.) opened her questions to Eastwood with a rhetorical reference to Valenti's remarks about new devices that edit out commercials. "Will that machine take off political commercials, too?" she asked. "This could be serious . . ." When the laughs died down, she asked Eastwood, "Why invest in films if six out of 10 fail? Why not money markets?"

"Well," drawled the man who's made himself a lot of money--and made it a lot faster than he could have with any money markets--with films like "Dirty Harry" and "Every Which Way But Loose," "I've had a little bit better luck than the average. But more than ever before, this industry has the aspect of the red and black on a roulette wheel."