Meaning of 'Got a lot of folks, smart folks'?

Question

After postponing a trip to his ranch in Texas by a day, Mr. Bush went to the headquarters of the Central Intelligence Agency in Langley, Va., for a briefing on the situation in Georgia.

“Got a lot of folks, smart folks, analyzing the situation on the ground and, of course, briefing us on different possibilities that could develop in the area and the region,” he said, flanked by the agency’s director, Michael V. Hayden, and his deputy, Stephen R. Kappes.

question:meaning of 'Got a lot of folks, smart folks'

Answer 1

He has a great amount of intelligent people working on and analyzing the situation he's speaking about.

Answer 2

smart people... i'm not sure why that would be confusing?? he is just elaborating on the "got a lot of folks'' part by saying they are smart...