parcheesi or the green bay packers for beating the philadelphia eagles. the reality is, those things had nothing to do with this. this man was a killer. is this a demented person or an evil person? the conversation we should be having is that he is insane and evil. that is a far scarier discussion and then about sarah palin. let's stop using it for political purposes, which is what the media are doing. i think the answer to your question is it is disgraceful what they are doing. host: the numbers to call -- a piece from the new york times --

where is the harm in having this discussion about civil discourse? guest: , i think it is a very good discussion, don't get me wrong. i think it is a discussion which could have had 10 years ago and one that we have today, but do not tied it to what happened. what happened has nothing to do with politics. do not say it is because of sarah palin and the cross hairs on her web site, that this man was influenced. if we want to have a discussion on civil discourse and civility, i cannot be more supportive of this because it has deteriorated

on both sides. i have no problem at all with brass knuckles politics, but the rule of thumb that i follow is a simple one. at the end of the day, [unintelligible] if you can, ok. if you can't you went too far. sam donaldson -- we were debating on the crossfire. afterwards, we had a lengthy conversation about something, a private conversation, but i walk away with extraordinary respect for the man. i told him he was ruining my campaign because it was much easier for me to dislike him. he wrote me back in perfect words. he said remember, "always

professional, never personal." if we could all remember that, that would be everything. if you want to have a conversation on it, absolutely, but let's not tie it to this. host: arizona shooting coverage is a campaign -- when you use words like that, liberal sickos, and language that has its own punch to it, are you adding to the dialogue? guest: i am going to respond when someone in the press suggests that i am responsible for this, that the movement i believe in is responsible, that because i believe the gunman is out of control and we have to do something to rein in this

flirtation with national socialism, somehow i am responsible for this carnage. i get offended by that. then when they turn around and give me a lecture on the civility, well, maybe i will take the gloves off, too. host: hi, steve. caller: good morning. what you refused to seek is that this young man who killed people in arizona, [unintelligible] there are a lot of americans who are fearful of the republican party. they see the republican party as being a terrorist organization now. thank you guest: i don't know how to respond to that. to respond to that is to give credibility to an outrageous accusation, so i am not going to

respond to it. host: do you deny that people are around jared loughner created a toxic environment that included him? guest: good lord. at some point in this man's life, he went into a dentist's office and there was a newspaper with an editorial. do we blame the that writer for this? this is how ridiculous it is getting, that he might know someone that listens to talk radio, so it influenced him? we cannot go down this road. what if it turns out that for three hours per day, this man, this killer listen to rush limbaugh roo? does that make rush limbaugh and implicit or fair to say that rush limbaugh influenced him

toward doing this? if that is the case, are we also going to say that all court bears responsibility for the unabomber? where they're not reports that gore'sbomber had alcor's book bookes in his hut? are we going to blame them? of course not. you cannot do that, but is happening now. host: kathleen is on our republicans blind. caller: i have a couple of comments that i would like to make a question. i do have a question that would go to research, but i want to make a comment about the president's speech the other day. i watched it clear through until the cameras were off as he walked away. i was just dumbfounded as to how

much of his speech took place about the young girl that was killed, and yet i waited to see to shake the parents' hands, and from what i could see, he spent a few seconds with him and then he was off shaking hands with others and spending more time with political leaders. comment -- the second is talk radio and republican democrats -- what is being done and talked about going on in congress and changing everything, you are not exposed to classical music or jazz or reggae or pop music. we are going to make every radio station played every kind of music. the question is, in your research, have you ever been able to research who does the

most name-calling? i always feel like when i of having a debate with a liberal or a democrat or someone who does not have my point of view, if angry words or said or if name-calling, they are losing the argument so they cannot discuss ideas anymore. they go to name calling, the lowest level of debate. has there been any research to discover who does the most name- calling and go to that level? host: we will leave it there. guest: i cannot comment on a handshake -- the hand shake. this is how the far left has taken this tragedy and is playing politics with it, where overnight a member of congress comes out and calls for the fairness doctrine to be imposed because of this shooting. this is what i mean about the

way it does become disgraceful on the part of some on left. the third point she made about name-calling, we cannot with a report on our website -- we came out with a report that itemizes a litmus of commons that the been made by the left on liberal talk radio, on television, on pbs, where one after another, they call for the death of conservatives. i challenge anyone to show me where a conservative or fox has ever said anything along those lines. do we have to remember nina totenberg, saying she wished that one of his grandchildren would die of aids?

this is the kind of comments that you have the from the left, and yet where are the voices or the people who are supposedly calling for civil discourse? host: a piece this week from the new york times --

now, one thing to talk about here, he says that the worst e- mail he received about the stability project were from conservatives with " unbelievable language about communists." "everything is in black and white and no conservatives see any redeeming value." guest: mark is a friend of mine and someone i have great respect for it. he is a very strong conservative. it is unfortunate that that would be the reaction. i know all three of those people. joe lieberman is a man with whom i agree with about 3% of the time. and yet, he is one of the ones in congress who i have the most respect for because he is always

a gentle man and always civil. he has been on a campaign promoting decency for years. he is my kind of liberal. i think it is unfortunate. i don't know what happened. but i know that market is a good man so there is something there reject but i know that marked -- but i know that mark is a good man so there is something there. i guess, a lot of it depends on who he contacted for what kind of response he got. host: what is your take about that idea, regardless of what group you are a part of, looking within your own ranks instead of pointing the finger?

guest: i think all of us, all of us -- i do not suggest that i am pure as the driven snow. i have lost my temper a time or two, absolutely. we can all look at ourselves. that is a good thing. about 10 years ago, i tried unsuccessfully to lure president bush 41 to washington to give a speech on the civility simply because regardless of what you think of george bush's politics, father or son, but primarily a father, i don't know if there is a more decent civil service person alive today then that president. i wanted to bring him into the national press club to make a speech.

i think it is awful to use this series of murders in arizona to do that. i think we need to mourn the families and the victims and not play politics. host: let's hear from catherine, an independent caller from virginia. good morning. caller: this is about civility but also about gun laws and how these powerful lobbyists are influencing these gop people as well as it democrats. rupert murdoch runs all of the media. that is not journalism. it is just entertainment. sarah palin is not a politician.

she is just an entertainer. she shows her lack of education all the time. host: we will leave it there. guest: i do not speak for the nra. if the laws were in place, they should have prevented this young man from getting the gun. the there is a body of evidence seemingly a mile long that he was mentally disturbed, if not very dangerous and should have been investigated by the police. if they had looked into it, they would've taken the steps -- host: there is no allegation at this point that any laws were broken when it comes to background checks. guest: these things were not

investigated. these complaints were not investigated by the police. if he had been prosecuted, they would have followed up with these complaints. i am not a lobbyist so i cannot speak for them, but what i can say is that it is inappropriate for bill maher to go on tv and say that the nra should be renamed the assassination lobby. there are millions of members of the nra who support them because they support the second amendment. he has just called them participants in an assassination. when he takes to the airwaves on tv and says that conservatives just want to kill liberals, and even jay leno was shocked because he was dead serious, and

interestingly enough there were members of the audience who booed him when he said that. this is the far left using this horror to promote an agenda against conservatives. host: let's go to louisville, kentucky. caller: i have a comment and a question. it seems to me -- if i am mistaken, i wish you would really correct me. every time i see anybody saying anything in regard to sarah palin, it is always about the congresswoman as a victim from the shooting. the only thing i have heard them do it is at play that. every time they play it, this clip, they expressly say they do not hold sarah palin responsible for it, so i think it would be

irresponsible to not show that in light of the congresswoman being shot. the only other thing i would like to say is, when you first came on, you stated how this is being made out into a political thing. i don't see how you could possibly be in the situation where politicians are being targeted and shot and it not being about a political purpose. he came to the place where a meeting was being held. if he agreed with the lady, he would not have been there to shoot her. because of him not agreeing with her, it had to be politically motivated or he would not have been there for the purpose of causing destruction and mayhem. guest: one, we do not know that.

we don't know why he shot the congresswoman. did he do it because of her beliefs? there is no evidence on that. did he do it because she is a congresswoman? is that it did not matter that she was a democrat or republican, he would have done it, too. i don't think that made a difference. she was a member of congress, an important person, a celebrity. that is why he did it, i think, and that is going to come out of it. you say that the media -- you notice something that is absolutely correct. the media say on a regular basis of a preface any story while saying although there is no evidence that sarah palin is connected, and then they talk about sarah palin. if there is no evidence, why are

you talking about it? i will give you an example of how words are being twisted. paul clark and of the york times wrote an editorial. he blasted congress, and michelle bachman because he said she has stated that she wanted people to be "armed and dangerous." he said that is the kind of language that is inappropriate and scary, etc. apparently, he said this on a radio talk show. the host of that talk show went public yesterday or the day before yesterday. they had the transcripts. they played exactly what it was she said. congresswoman michelle bachman was talking about cap and trade legislation, and she was saying the people up in washington were

getting away with this legislation because the american people did not know what was happening, so she suggested her job was going to be to educate the american people. . . distorted and the political jihad against conservatives. this has got to stop. >> host: let's go to orange county california. good morning. >> caller: good morning. i am almost ashamed to say that i am a republican. the democrats ran obama as the president and all during that campaign he talked about he was going to do health care and how all the democratic senators and

representatives said and bring to do health care, and the people of the united statesited overwhelming the elected obamaaa and a democratic congress and democratic sen met to get that done, and therats chose to ignore the election. they filibustered the senate. they talked down to obama as a socialist and they did of this ugly stuff and they did it to deny the people of the united states the control of their government. guest: 50% of the american people want obama care repealed. statistics. over 60% of the people. there is no single piece of

legislation, i suspect, in history that has been hotly -- more hotly debated and closely debated and has gotten more media attention than national health care. interestingly enough, the more it is debated, the more ground democrats lose on this in the court of public opinion. now, 50% is a big number. -- 60% is a big number. the caller as saying that the guarantees to listen to the people. i think he means that he supports its repeal. host: to clarify what we are for talking about earlier, this piece in the christian science monitor, there is evidence that the shooting suspect is mentally unstable. but he was never declared so in court.

... scrolling to the story you get to see more detail. why was he able to buy a gun? guest: that proves the point. if the authorities had done what the authorities try have done, which is investigating these complaints about this bizarre man, they would have in all likelihood found him mentally unfit and he would not have been able to get that done. host: albany, georgia, welcome. caller: i want to say thank you for your common sense. cliff is nice to hear the truth out of it and not spin from the media. i have two quick comments. one is from a previous caller

who said she was afraid of the republican party. i tell you, i have been afraid of the democratic party and the policies that they have pushed through without the consent of the american people. another caller stated that if the shooter had not been politically motivated, he would not have been at the congresswoman's area to shoot her. mark david chapman, who shot john lennon, did not dislike him. he was infatuated with him. it did not stop him from being there. my question to you, sir, and again, i thank you for your common sense. if you were going to run for a political party, i would definitely vote for you. guest: and another one, john hinckley. the what did he have against ronald reagan? nothing. this is what happens when you

are crazy. you do crazy things, if this man is crazy. we do not know because it has not been determined yet, but we do not know if he was crazy or if he was evil. and that is a conversation, i think, that needs to be this -- to be explored. i think the media would do a much better service to the american people to explore what degree he was dabbling in the occult. because to the degree he that he was an to the degree that there is a connection, that, to me, is far, far more frightening than any silly discussion about politics or liberals or conservatives or democrats or republicans. that is far more serious than this, but nobody is covering that. it might just be that this man is simply a walk job -- whack

job, but if that is the case, that we should have a conversation about that. one of the terrible consequences of this is that from now on, every member of congress is going to need to have to have security, or they will believe they do. this country is losing its soul. you look across the state to the capital and it is just full of police and their kids because of 9/11. more and more, we are getting -- police and barricades' because of 9/11. more and more we are getting into the posture. you host: said you do believe in stability and this course -- host: you said you do believe in civility and discourse. what is served by that by calling someone a whack job? guest: yes. we cannot be so sensitive, so

politically correct that we cannot say anything eveat all. you hear so many words that we are told we cannot say any more, so many phrases that we are told we cannot under any more. it comes -- that we cannot under any more. it comes to the point where we need a super on our mouths. -- a zipper on our routes. if it turns out he is crazy, then he is crazy. host: a republican caller from baltimore. caller: i want to start off by thanking you for all othe you have done for the country and the conservative movement. what we have going on here is that government and governing means we have winners and losers and the more government

you have out there, that is more ammunition you will have down the line. would you not agree with me? >> more ammunition in what way? -- if guest: more ammunition in what way? caller: the more government you have the mowry the native americans you will have. guest: i had not thought about -- the more alienated americans you will have. guest: i have not thought about it that way. with more government you have more and more people who are participants in government, directly or indirectly, and fewer people who are not participants in government. here in the washington d.c. area, you never know that there has been a recession in this country. the homes are booming, the

economy is growing nicely. everyone here lives of the government to one degree or another. this is not the real world. and i do believe that this is a feeling of alienation about more and more people who feel that the government does not represent them anymore. they have their own agendas and they do not see themselves as representatives of the people. i firmly believe that. what does that have to do with the arizona killings? nothing. host: chad, an independent caller in michigan, hi there. caller: i would like to thank c- span for having this kind of discussion that we are having today. it is an indispensable value for this country. i will disagree with mr. bozell

because there are some of the cliches that can be applied to conservatives and their arguments that he is presenting. they can dish it, but you cannot take it. i believe this discussion is dealing with a political speech and how it applies to arizona. i would certainly agree that there is a tenuous connection that the gentleman has unhinged, however, you cannot escape the environment that one creates and the impact it has on others. you can see that when we have democratic presidents in the white house, you saw a ramping up of a republican rhetoric in a very militant way. as a person from michigan, the militia in the 1990's was very widespread. it is kind of like the tea party

now. in fact, i have a manager that felt so comfortable that during a break he brought me out to his car to show me the gun that he kept in his car and asked me if i was in -- interested in attending a militia meeting, which of course, i was not interested in. we saw a lot of this ramping up a of rhetoric in the 1990's with rich and others and the bombing of the federal building. i think we are seeing the same thing here. in his comments and many other conservatives, i think they sense this president is having similarly occurred. -- this precedent,

having similarly occurred. it makes great news. it ultimately it has a negative impact. host: let's get a response. guest: you just tied to the tea party to the militia movement. this is the kind of thing i am talking about. about the harshest in the tea party does is using "god bless america" off key. and now they have just been tied to the militia movement. this is the kind of thing that i think is reprehensible. where is the evidence that in any way directly or indirectly linked this killer to the conservative movement or even to politics at all? everyone is saying there is none, but we can see usain there is a connection. although there is not. -- we can see you saying there

is a connection. although there is not. i want to blame parcheesi for this. how can we be so high and mighty about this and not point fingers at ourselves? i would say to you, sir, where were you when president obama said, if they bring a knife, we will bring a gun. -- we will bring a gun? no one on the right said, mommy, he is tried to kill me. he has a gun. no, it is rhetoric. it is completely understood. no one in the media talks about bombarding someone's ground game. nobody complains about the media because you understand what they are saying. but let's be careful with these accusations. to accuse republicans of ruby

ridge and everything else, this is beyond the pale. you should be ashamed of yourself for saying that. if you want to be against republicans or conservatives, fine. but be careful with accusations. host: here is another article about tucson. guest: the press has been nonstop talking about politics played a role in this, and yet, 57% of the american people reject that argument. i think the public has a lot

the american bankers association was cautiously optimistic today in its assessment of the 2011 economy. bank economists predict a sustained economic expansion including a modest increase in cluding a job growth is expected to pushto the unemployment rate down to 9. 9%. this is a halfs an hour.

>> good morning. i want to thank you for comingor as we present the economic as advisory committee economic forecast and monetary policy predictions. have received a blue and white packet that includes our press release, a forecast spreadsheet and also the package that includes our card with my name and john's which is a contact for follow-up with media interviews following the event today. i would like to introduce aba's chief economist, jim chessen who will start the meeting off here today. >> thank you john. let me add my welcome to you, the aba and aba boardroom. i've had the distinct leisure of working with 14 chief economist from major banks around this country over the last several days. many of them were able to stay for this press conference and i

will introduce them. you will have the opportunity to meet with them afterwards. dana johnson from coal america is their chairman of the committee this year. unfortunately he was unable to make this meeting in person so hugh hoffman who is there chairman last year and chairman several times i think in this committee over the several decades we have had the pleasure to work will chair the group for this session. as always, this group meets twice a year. as part of that meeting we meet with the federal reserve ward. we do not discuss anything about that meeting. it is completely off the record. we like to keep it that way so if you have questions that relate to the fed, asked the fed. and we know how responsive they are. we'd like to keep that relationship the way we have had it in the past. what you will hear today is essentially the same type of presentation that we made to the fed and just to be clear, this

is the eac's forecast and it reflects the viewing of this committee. with that i would like to introduce the members of the committee on this site, ethan harris from bank of america merrill lynch, scott anderson from wells, john from wells, scott brown from raymond and james, george from huntington and nathaniel karp from pbca company. with that let me turn it over to stuart hoffman. >> thank you jim and good morning to everyone. thank you to the committee and my colleagues that were just introduced. we had a busy day yesterday in preparation for that a lot of indirection and e-mails getting ready for yesterday. what i would like to do is share with you the highlights. really there are six and as a lookout i can see a lot of familiar faces. glad to have you back. but there are six main

highlights of our economic outlook and as jim said, we shared with the board of governors and have been outlined in both the press release and of course the details about the numbers in the tables. let me start as they say -- there are six highlights. let me start with the real highlight from gdp. as the press release says in its headline, our committee and again as jim emphasized there is consensus for the median of our committee and i will talk a bit about the balance of risks around that that our committee felt real gdp growth this year of around 3.3% was on a fourth to fourth quarter basis. that compares to what we thought we would call potential gdp of around, centered around 2.5, 2.75 so we did feel as though the economy would be growing ahead of the speed limit, the long-term speed limit in the coming year.

in 2012 and 2013 we had very preliminary kinds of numbers but we continue to see economic growth in those years as well, maybe something closer to the order of 3%. in terms of the implication for the job market which we are all focused on, that kind of economic growth we anticipated would add just over 2 million jobs over the course of 2011 to the economy. last year there were just shy of $1.2 million added so clearly an improvement as economic growth is faster. that it is enough to take a small bite out of the unemployment rate from of course 9.4 in december although this may be me speaking, that may understate things a bit. the fourth quarter average of last year was 9.6. the forecast of our committee is the unemployment rate in the fourth quarter this year would be down to 9.1%. so even the 3.3% real gdp growth

to provide job growth and not the unemployment rate down clearly that the leaves and well well above what the committee felt was sort of the long run unemployment rate which centered around five-3/4% so a year of progress and clearly a lot more that needs to be done over time to bring that unemployment rate down even closer or anywhere near closer to what we think is the long-term potential or average. in this environment we thought it would remain relatively -- depending on. somewhere in the order of one to 1.5%. that would be pretty much in line with what we had in 2010 them even given the announcement this morning of the .5 rights in the headline cpi and core cpi was point one i think on a year-over-year basis.

the core cpi was around three-quarters of 1% and are forecast and it would be up maybe a slight increase this year something on the order of one-to-one .5% of which still seems to be a bit below what the fed often says is preferred inflation rate of somewhere around 1.5 to 2% in terms of the core deflator. in terms of of the balance in risk of the forecast, as jim said i have been doing this now for many, many years but is chairman also last year and on the committee the year before i can tell you that as i stood up in front of you do last year while he talked about the forecast it was clearly a biased and biased and are forecast to the downside. there was much more concerned that the extent of the forecast was wrong. it would be weaker rather than stronger. this time it is more balanced. around that 3.3% economic growth the committee felt there were clearly still downside risks in

the housing market and house prices, and problems in state and local government financing, in some commercial real estate and where oil prices go substantially higher than they are. but they also fell, we felt there were upside potential's. the effect on the stock market, stronger global economic growth would be another one. very very healthy corporate balance sheets so this time we saw more of a balance. we could have outside risk but we could have upside surprises and we felt that it was sort of balance on both sides. another is the median forecast higher but some sensed a degree of confidence in the odds of them midst are not all skewed to the downside that if it doesn't happen it will more likely be worse than better this time. maybe it will turn out to be a little better than we had forecast. in terms of bank lending, the committee and looking ahead the

majority of us thought the availability of credit to consumers and businesses would improve over the coming year and there were some signs that already have begun to happen. we thought there would be growth as it says in the press release we think consumer lending will actually rise around 2.5% this year in and business lending around four-point 25% so that would be growth and business loans that we haven't seen in a while and we also thought to link with seasoned charge-offs on the banks would decline of little bit as they often do in lag response to the economy. and then finally in talking about the fed, the forecast was that there would be no change in the fed funds rate. i think there were two or three people that didn't think the fed could start to gently nudge the funds rate up by the end of this year but the overwhelming majority of us and certainly the median was that the funds that rate charged for quite a while will last throughout 2011.

the committee fell unanimously the fed would finish the 600 billion of quantitative easing but again unanimous expectation that there would not be a need for another facet urges of qe3 or long-term asset initiated in the latter half of the year so the fed would complete what they were in the midst of and be somewhat dormant to use my term for the second half of the year in in the sense of not initiating new asset purchases or for that matter making any movements in their target fed funds rate. that pretty much summarizes the highlights of the forecast. obviously there is lots more detail and numbers in their quarter by quarter but hopefully at that point let me just sum it up with that and be glad to open it up to your questions and as i say at the end of my remarks in your questions my colleagues also will be available to speak with you as well. so, questions?

>> to questions related. why are you anticipating such a jump in oil prices and secondly, can you rate that as a risk to your forecast as against the european debt prices? >> yeah, i don't know if we have a large jump in oil prices. and are forecast we do assume that oil price, it looked to me like we talked about them standing around $90 a barrel. maybe some creep up in the spring as seasonal. it was a downside risk that if there was, not that we were forecasting that, but if there were bigger increase in oil prices for anyone of a variety of reasons, supply constraints or problems of that nature, that kind of a bigger increase in oil prices we didn't have a specific number but in my mind certainly over $100 a barrel would become a negative for downside risk not

only to u.s. but cool economic growth. but it is not our baseline expectation. the expectation is oil will stay around $90 a barrel and we listed though so is the potential downside risk where they are to be some supply disruptions that push oil prices much higher over the course of the year. >> lesser risk than europe? >> we didn't order the risk so we didn't exactly talk about the priority. i think though we might feel that a run-up in oil were to occur if there would be a greater risk. maybe i'm speaking for myself rather than the committee, morgan negative potential than any sovereign debt issues in europe. >> peter barnes. how much of a factor which the bush tax cuts in the initial stimulus in the forecast assuming it probably effected a change may be to the upside?

>> in terms of obviously we know what is going to happen with fiscal policy in 2011. of course there are questions about whether some of the temporary effects will be renewed or not in 2012 which we didn't specifically address but i think there was a feeling and i certainly speak for myself, that the bush tax cuts and i refer to it more as again be speaking, it was the dog that didn't bark or bite and rates didn't go up and then of course you have the payroll tax cuts and the expensing as well as the extension of unemployment benefits. i think our group felt that degree of certainty in and of itself so that was and what is going to be our tax rate was settled then to the extent that the rates were extended and indeed with some modest stimulus coming from the payroll tax cut was i believe part of the reasons why the forecast of our group was a little higher than it was six months ago but i can't say specifically we ask how much more did you add to

your forecast either in terms of jobs or gdp as the ripples of the tax cut. maybe a little later individual members could speak to that but i think the feeling was to the degree of certainty we know what it is and that it was modestly stimulative probably did push up a bit on outlook and a greater sense of confidence in that outlook for 2011. >> real estate for 2011, what kind of a factor is there in your forecast and will it be a headwind for the economy? >> in terms of the gdp numbers, we do have small increases in residential investment in terms of house prices we have a pretty flat, maybe a small increase in house prices. so i don't know, i would say it is more of a neutral. it was a downside risk. there was concern that could be a bigger drop in house prices,

perhaps from this foreclosure issue and how that is resolved but i think the feeling was with some job growth, with some still fairly low although modestly higher interest rates we do have the 10 year treasury rate up from 330 currently to around 378 year ended we have a fixed mortgage rate in our forecast, up to around i think 520 at year-end from around 470 today. but the feeling was that the housing would still be somewhat of a drag, neutral to a drag on the economy but not a downward cycle, not another quote double-dip in housing of house prices. said clearly that was not what was propelling the economy. was more as this investment, consumer spending, exports to global economic growth rather than any real significant improvement in housing construction, home sales are any event of home prices.

>> how do you factor in the crunch on state and local government and especially the -- market? >> we talked a lot about that at length. we certainly view that as a downside risk and i think the feeling was we talk about job growth but we didn't break it down between private and public. i think the committee would probably agree that the expectation is jobs will decline in the public sector so the growth in jobs we get will be all accounted for in the private sector as opposed to the public sector and we didn't talk about the numbers. we noted of course the public sector jobs have been declining all through 2010. we thought that would continue so from a jobs point of view or an investment point of view state and local governments would be a drag on the economy. i think we felt as a group that there wouldn't be a major financial event, a crisis event

in the municipal market that would spill over to the rest of the financial markets. i know there is obviously been a lot of publicity about that and a lot of focus in the last couple of days. we saw that as a downside risk but it was something we felt would be manageable and not the kind of a municipal bond crisis that would become infectious to the rest of the financial markets or cause an even sharper decline in jobs and investments in the public sector. >> if you could repeat the question. it would help with the audio a little bit. >> will do. the next question that i can repeat? >> on the inflation was consensus quite strong that it would stay very low throughout the year or where their fears because of high energy prices we could see a real pickup? >> the question was about inflation, how strong was a feeling that it would stay low and was there concern about picking up later this year because of energy prices or other commodity prices?

the consensus was fairly strong on about a one-to-one .5%. we also do a balance of risk and you know in terms of both economic growth and in terms of inflation, out of the 10 people that responded, six of them felt that the risks on inflation were balanced. to felt they could be to the upside but two felt they could be to the down so i would say that is a pretty solid consensus on inflation remaining relatively tame in the us their concerns particularly on the headline site of inflation that energy or other commodity prices or fruit races could push the headline cpi up that i would say that was definitely not a big concern, not something that gave us a lot of hard earned and quite balanced around the idea of continued low inflation, not deflation but continued low inflation in both the core and headline numbers this year.

>> you believe the united states united states will become a more competitive player on the gold market? >> the question is do i believe for just the committee believes that the u.s. will become more competitive on the global market? we certainly have exports as a source of growth for the u.s. economy. in terms of the value of the dollar i think you can look on here. i'm not sure if we listed on here. we did -- at the click it was fairly stable but we don't forecast a significant either rise or decline in the value of the dollar over the coming year. we didn't spend a whole lot of time talking about that what i think in terms of the competitiveness of the u.s. economy certainly in the year ahead let alone beyond the feeling was that manufacturing sector and productivity improvements were making the u.s. more competitive not only in price but also in quality of goods and that exports in a growing global economy would be

part of the growth story for the u.s. economy in 2011 and not specifically discussing it for probably beyond that as well so i think the answer is yes. >> to questions about the fed. could you guys talk at all about when you think they will start raising the federal funds rate or start typing. could you put in a date on that? it looks like by the end of the year more people are expecting expecting -- so could you talk about 2012 at all? >> the question is beyond 2011 did we talk about what they said might move the funds rate? i think there was feeling amongst the committee and i can certainly speak for myself best that sometime in 2012, maybe towards the spring, you could actually see the fed starting to raise its fed funds target. it is a unanimous decision on the part of the committee and afterwards you can ask ask members individually so we

focused more on the fact that at least for the next year that one could say you reasonably foresee that the fed would not be raising the rate. i would guess that when we do face six months from now and now we are looking out to 2012 there will be more than two or three people that would think the target rate on the funds rate will start moving up next year. >> on the bank reserves that are piling up at the bank and aren't being lent, what is going on in that dynamic? will there be, time when those funds will come out into the market? >> the question about reserves being lent and our forecast is you will see more landed on the part of banks. you know, not specifically tied -- he reserves are reserves are at it there so there is more than enough reserves and they felt both from a demand side of more barbering creditworthy borrowers as well as a willingness on the part of banks

to loan money, that we would see a rise in consumer lending this year and an even faster rise in business lending particularly the little mark but also the smaller companies as well as a number of us talked about how our individual banks are competing aggressively for a good quality far worse in the middle market and in smaller companies, and so the feeling was that those reserves are there, that the balance sheets as we said that many companies are very good and for those who do want to borrow, there is a willingness on the part of banks and certainly an ability on the part of banks to lend money and this year we would see increases in loans both for businesses and consumers. >> you what that includes mortgage credit? >> we didn't specifically break mortgage credit out. i would think probably depending on how this foreclosure issue works out and that is a major issue but i think the issue would be that mortgage

availability, mortgage money would also be on the rise as well and that you know as i say we talked about consumer. we talked about business but given what we said about housing being sort of neutral i wouldn't think we would see a lot of demand for mortgage credit but it could well be up a little in terms of from the banks and of course there are many many mortgage lenders simply with the banks do. which is the banks do. >> if i could follow-up on that. is not just a demand question, does also a leading lending standard question so not necessarily in your portfolio but without the part of the equation and increased lending by demand and perhaps easing of lending standards? >> yes. again we didn't specifically targeted to real estate as opposed to other types of loans that the vast majority of us thought, think it was eight out

of 10, who saw an increase in credit availability in the coming years. as well as an increase in the quality of credits not only new creditapplyi >> new credits applying for loans. those already on the books. i can remember six or nine months ago, or 12 months ago. it was sort of a mixed bag. some said about the same, maybe a few of us would have been improving availability, and some would have said separating. the effusion of that question from this committee since i've been watching it for a while has gone clearly to the side that says credit ability is expected to be much better in the year ahead than the last couple of years. if this is matched by demand, it should result in more loans made by outstanding. >> can i ask a question quick? >> sure. >> you said no expects it to be go beyond the $630,000 plan.

>> yes. >> how much of the overall forecast is what they are going to do and what you expect them to do? >> again, the question is repeating it is no one is expecting the bed to go beyond $600 billion. it's hard to answer your question exactly. that's factored into everybody's forecast. we all agree that there's monetary stimulus coming from the purchase of $600 billion of some magnitude there would not be a need to do anything beyond that. i think the federal backdrop of the fed that completes the purchases, and not raising the fed funds in the latter half of the year is monetary stimulus or a combination that underlies the community. >> do you think it's effect sniff >> we think it's effective, yes. >> did you talk at all about

what happens though as all of this gets withdrawn, both from the federal government, on a fiscal level, and -- let's see, and these wenting low interest rates for the extended period. they are trying to help the economy achieve and escape philosophy. suddenly you need confidence and job creation so the government can step back. can you discuss that? >> yeah, the question was about, you know, sort of discussing the perhaps eventual withdrawal of even monetary and fiscal stimulus. and the word you used is escape velocity. which actually is the title of any news letter that i just published yesterday. that's me. that's not the committee. we had difference of opinion. sort of around the word self-sustained. is the economy self-sustaining in the sense that the private sector is feeding upon itself, or there's still a lot of

monetary and fiscal stimulus. i think the compromise was we need more job growth, we need more evidence and more solid job growth to say we're in a self-sustaining economic expansion. monetary and fiscal stimulus is still part of the ingredient that is keeping the economy growing and indeed maybe growing more rapidly. in terms of looking beyond the next couple of years, there was a lot of discussion about tightening of fiscal and monetary with frankly no agreement or no firm opinion as to what the economy or what it would look like or how it would occur, but that was probably not a 2011 event. the fit call policy is stimulating, and monetary policy, and at some point in the future, both of those will have

to be less stimlative. 2012, 2013, we didn't come to any firm conclusions. i don't want to say it was beyond our forecast. we will focus more on 2011 and some extent 2012. i think the feeling was that the not going to happen in the that time frame. >> we're starting to happen maybe in 2012, but not in 2011. both the monetary and fiscal side. >> can you talk about the consumer and savings rate? >> we know it dipped a little and in the further quarter, we got the retail sales number. when we put it together, it does appear the savings rate fell off in the fourth quarter as spending outgrew. i think the feeling was over the course of 2011 that income growth generated by some jobs

and maybe some hours work would be in line with consumer spending. the pace of consumer spending if you look here is let's see somewhere just around 3%. a good -- lower than the 3.3% we are forecasting for gdp growth. so consumer spending is making a solid contribution. but clearly it's not residential, or some little nonresidential, particularly business equipment and some exports. so i think the feeling was that income would grow pretty much in line with spending or maybe the other way around. real spending would grow in line with income, particularly after tax income, taking account of the tax cut that is occurring, you know, this year on the payroll tax, and so that consumer spending in line with income would mean the savings rate would stabilize somewhere around 5.5 to 6%. big move up from zero or 1% three or four years ago to around 5.5 to 6, i don't think-a

feeling to go to six or seven or eight. nor was it likely to start coming back down on the consistent basis with consumers spending more than the income growth. any other questions? well if not, thank you very much. as they say, i'm sticking around, my colleagues are sticking around. if you want to talk to us one on one, we'd welcome that opportunity. thank you for attending again. we'll see you in six months. >> this weekend on c-span2 tv clarence jones with a behind the scenes look to the historic march on washington and i have a dream speech. also this weekend, critical

asassment of stereotypes and new biography. sign up to get our schedules e-mailed directly to your inbox with our booktv alert. >> each year the washington center brings hundreds of students to washington to experience the workings of government firsthand. sunday they'll discuss politics, government, and their future on c-span's q and a. >> i believe that the best way to carry on dr. king's work is to reach out to someone in need and make an ongoing commitment to community service. >> on the 82nd anniversary of martin luther king jr. birthday use the c-span library. find a program, watch it, clip it, and share it. >> on tuesday night, mississippi government haley barbour gave

his address. this is the 8th time that governor barbour has delivered a state of the state address. he's adding 100 state troopers to mississippi roads. it focused on job creation and improving education. governor barbour endorses a civil rights museum for downtown jackson. this is 40 minutes. >> this is the first time that i ever got more applause than marsha. [laughter] >> speaker, governor bryant, and thanks to you and thanks to all of you in the legislature for that warm welcome. but more important for the work that we've done. this is a bittersweet time for me. let us start off by recognizing general freeman is here. while we don't have as many of our national guard in harm's way as we have sometimes in the past

when i made this speech, we should never forget to be thankful for the sacrifice of our guardsman and the sacrifice of all of our people in uniform, law enforcement, firefighters, corrections, and conservation officers, emts. so let's start tonight by if you would join me in a moment of silent prayer for these men and women and for their safety and success. [silence] >> thank you. this is the 8th and final time that marsha and i will appear on this podium to deliver my state of the state address. you know, when marsha and i married, 39 years ago, i knew i had out-married myself. i just didn't know that over this seven years you and all of the people of the mississippi would recognize that fact too. she's not only joined me at of

one of these occasions, she's also been part of the work that i've tried to do for our state. especially in the grueling weeks and months after katrina. and i have to tell you, i'm proud of her. [applause] [applause] >> you know, as i compose this last state of the state address, i couldn't help but think about how much things have changed in these seven years. to start with, i did my speech on my new ipad. in 2004, ipad is what marsha called what i would do with my waistline the christmas.

which, you know, reflecting back, it's essential that state government make changes like we have from when i stood up here that first time in january 2004. the state budget was in awful shape with an enormous short fall. we had about $3 million in unallocated moneys in our rainy day fund. lawsuit abuse had created a health care crisis in our state, every small business in mississippi was one lawsuit away from bankruptcy. despite the surging drug epidemic, the budget was cut by more than 40%. although the national recession has been over for more than two years, the need for job creation was the first thing on the minds for almost every voter. mr. speaker, i remember the first time we visited. the speaker told me that campaigning for reelection in

2003, he had gone down this country road and each one of three houses in a row somebody had lost their job that year. in a legislators and friends, i applaud you and your predecessors on the action that you took to deal with these problems and other problems. it wasn't easy. and it wasn't always free. sometimes we battled. but we've accomplished a lot, together. while it took two. plus years, we got our budget back to where the state spent no more than it received in annual revenue, and we quit raiding balances in special funds. we replenished the rainy day fund to it's statutory limit of $375 million and created other reserves to cover potential federal liability. and we did it without raising anybody's taxes. [applause]

[applause] >> despite the worst recession in generations on a steep drop in state revenue, we've kept our budget balanced by cutting spending, and without depleting all of our reserves. if you adopt my budget recommendation for next year, fiscal year '12, the new governor and legislature who will follow us will have some $200 million left in reserves for fy 13, plus our school districts have more than $450 million in their reserves. i realize this is an election year, and every penny of appropriated spending has a constituency. you are going to get pressure to spend for this, and spend more for that. as governor, i have cut the budget by a total of about $700

million in just the last two years. just as our constituents have had to cut back, they expect state government to cut back. they know the alternative is raising taxes, because government has no money expect what it takes from the taxpayers the people of mississippi deserve to keep more of what they earn, and we owe it to the people of mississippi not to raise taxes, but instead to control spending. [applause] [applause] >> not only do you urge you not to consider tax increases for this year, i implore you to keep spending at a level this year that protects more of our reserves for next year. that way we can stop any tax increases in 2012 as well.

remember, what you have accomplished to controlling spending over the last seven years can be lost in only one year. our first year, you and i -- you passed and i signed the most comprehensive tort reform law in the country, and it worked. medical liability premiums have declined by 61%, and the number of medical liability cases against mississippi physicians fell 90% within one year of the law's going into effect. tort reform also has been a major factor in economic growth and job creation. starting that first year, we implemented significant, successful changes to spur the creation of more, higher paying jobs for our people. after tort reform, we reorganized the development authority, gave it outstanding new leadership and began our

momentum mississippi campaign. mda's results are striking. this team has supported businesses that created 64,666 jobs in this state. [applause] [applause] >> we created our new department of employment security and expanded it to take over work force development and job training. the state work force investment board was established, and the work force enhancement training or w.e.t. fund came into existence through a diversion of the unemployment insurance tax, a tax that you also cut by 25% the same year. now, every year, the w.e.t. fund puts about $20 million into work

force development and skills training at our 15 community colleges, which do a great job. a study of graduates of w.e.t. fund financed programs shows they make $4,300 for her more than before that training. our improved skill workforce has been a reason companies like toyota, ge aviation, paccar, severstal, and a long list of very high-tech energy companies have come to mississippi. coupled with workforce quality, the state has focused on attracting advanced manufacturing with advanced materials. we've targeted aerospace, automotive, and energy as well service sectors. we've also beefed up our efforts to help existing businesses. the results in the first six

years include a 27% increase in personal per capita income in mississippi, despite the recession. that is the 15th highest increase of any state in the country in this six-year period. while we are not immune to the effects of the national recession, we've fared better in other measurements too. for instance, while our unemployment percentages increased, it has done so at a rate about half as great as the nation as a whole. i see the leaders of law enforcement standing in the corner back there, and in law enforcement, we fought the scourge of illegal narcotics with vengeance. in 2005, you passed laws to reduce the production and use of crystal methamphetamine. when the criminals learned how to get around those laws, you

just made the necessary changes, and they were working. in the first six months of this fiscal year, that is july 1 to december 31st, 2010, we have 68% fewer meth labs reported. meth arrests are down 62%. and the number of drug-endangered children has fallen by 76%. [applause] [applause] >> i not only congratulate the bureau of narcotics and the department of public safety, but i want to congratulate you in the legislature for sticking with it and doing what needed to be done in the legislative changes. to keep law enforcement where we want it, i am announcing tonight that i will dedicate $7.3

million of the governor's discretionary funds to hold a troopers' school this calendar year. [applause] [applause] >> and let me say if you will join me in moving motor carrier enforce from mdot to the department of public safety, freeing up another 40 highway patrolmen, that means we would have nearly 100 more state troopers on the road. so i hope you will move that program where we can have all of law enforcement on our highways at one department, instead of it

being divided. you know as i think back to seven years ago, there's one other thing i'm proud of. i'm proud that mississippi casts the highest percentage of it's vote of any state in the country for the defense of marriage act. defining marriage as a union between one man and one woman. and that in that first year, 2004, after we worked together to enact comprehensive pro-life legislation, americans united for life, a national right-to-life organization named mississippi the safest state in america for an unborn child. [applause] [applause] >> yes, you have accomplished a lot. positive change has been the norm in mississippi despite the

global recession is a better place in so many ways than it was seven years ago. even with this progress, though, we all know there's more to be done. while state government can't eliminate many effects of the national recession, we can improve the way we do things, and in turn, improve the lives of our citizens, the education of our children, and the prospects for our employers and employees. last week, i announced the division of medicare appeared to be on track to run a surplus of 40 to $50 million this year. probably because of less utilization than projected. but i want to congratulate the division of medicaid for outstanding job of managing this enormous program and of controlling it's enormous costs. let me remind you what a change that represents.

when i became governor, medicaid costs were skyrocketing. system controls were so weak that the last year before i came into office, medicaid spent $79 million of state funds, and didn't even enter it on it's books. many of you will remember the special session that we had to hold in order to clean up that mess. i'm pleased to tell you and the people of mississippi that today our state medicaid program is run with compassion and efficiency, for it's beneficiaries, their providers, and for the people who pay for it: the taxpayers. the federal authorities reported last year that mississippi's medicaid error rate is 3.47%, the fourth lowest in the country. the national error rate is more

than twice as high. [applause] [applause] >> product of this is this surplus, because of which i have instructed the division of medicaid to exercise its authority under state law to use a portion of a fy 11 surplus to create 7,800 additional slots for eligible medicaid beneficiaries to receive home and community-based care. [applause] [applause] >> currently -- currently we have about 6100 beneficiaries who are on the waiting list to be provided care in their homes and communities. and i expect the entire 7800

allocation to be filled this fiscal year. [applause] [applause] >> both senator hob bryan and representative steve holland who chaired the senate and house public health committees representatively, are outspoken proponents of increased home and community based care for people on medicaid. both are democrats, but i appreciate our agreement and our ability to work together for this purpose. the increase in the number of home and community-based care slots will lead to a broader, stronger infrastructure delivering services across the state than in the long run will provide better health care at lower cost. this will be a blessing to both the beneficiaries who want to, can, and should be receiving care and services at home and in

their communities. but also a benefit to the taxpayers. you're welcome, steve. [applause] [applause] >> last week you started this session by starting a loan for, investing $5 million and employs 1,000 people. i want to thank senate dean and kirby on that. we all know a big job -- [applause] [applause] >> governor, we know a big job creation project is the way to start a legislative session. there's a lot of smiling going on. the national recession,

notwithstanding, job creation will pick up in our state this year. there's evidence of that in the first three quarters of 2010, mississippi saw more new jobs and investment than were announced in all of 2009. toyota stepped up hiring, ge aviation, paccar, and senetobia will be operational this year. nissan which had an outstanding year in 2010 is also ramping up, including introduction of it's new light commercial vehicle. agriculture had a tremendous year last year. because farming doesn't directly employ that many people, some people lose sight of how large and important of a part it plays

in our economy. in 2010, total value of our crops, including poll -- poultry and timber was nearly $7 billion. a record in mississippi. and commodity prices are promising for this year. we just can't forget as public servants how important agriculture and forest products are to our state and communities. i mention these things because our goal has to be to grow our economy laster than the nation as a whole. and we can do it. we have to focus on our advantages. low taxes. a friendly business environment, rational regulation, abundant natural resources, and especially the first rate, affordable work force. and we're committed to continuous improvement of that great work force.

our four research universities have become effective engines of economic growth. all four have a lot to offer. mississippi state's center for advanced vehicular studies and the raspet flight center, the e-center at jackson state, the polymer institute at usm, and the center for manufacturing excellence at ole miss are obvious resources that major and small employers find terrifically useful. and companies like semisouth in starkville and fnc in oxford and warmkraft in taylorsville spun off from our research universities. further, our community colleges have been and remain critical in the enormous continuing improvement of the skills in our

workforce. toyota said the main reason it choose mississippi in the newest assembly plant, the most sought after economic development project in the country that year, was the quality of our workforce. i remember when the vice chairman of general electric announced ge aviation would locate a facility to make composite jet engine fan blades and assembles in batesville. he said this is the most sophisticated manufacturing general electric does anyone in the world. and we're going to do it in north mississippi. what a tribute to our workforce! [applause] [applause] >> 89% o our kids go to public schools. to have the kind of workforce for mississippi to succeed in the 21st century, we have to start in k-12.

[applause] [applause] >> our schools getting better. our last naep scores were up more than the national average, and the drop-out rate is going down. but the amount of improt vemenis not enough. we got to do better. we need to make dual enrollment easier and more common. that way the students can learn more, and their parents can also save money as college credits are earned while they are in high school. in constrains budget times, we have to put more resources into the classroom, and reduce what is spent on administration. [applause] [applause] we must continue to focus on improving the quality of teachers coming out of our colleges of education, while simultaneously using technology

more in teaching our kids. finally, because competition is good in every sphere, i urge you to reform charter school law so more children can benefit. [applause] [applause] >> with excellence in education, we will keep pushing job creation. hopefully, the federal government will start making it easier for us, instead of harder. congress' pass only in the lame-duck session of the extension of the bush tax cuts removing a critical obstacle to economic growth. for two years, the threat that the president and the majority in congress would let the largest tax increase in american history go into effect this month was an enormous cloud over the economy that retarded investment and job creation.

now it's gone. we still have federal policies that stifle economic growth: if the obama administration's health care mandates actually go into effect, employers don't know what their costs or responsibilities will be, so it impedes hiring; uncertainty about the dodd-frank financial services law and its implementation stymies investment, and the gigantic deficits and resulting purchases of trillions in u.s. treasuries by the fed mean all that money can't go into financing private sector projects. more obvious every day, the obama administration's energy policies are driving up the cost of energy. gasoline, as you noticed, costs more than $3 a gallon. and it's because the administration's energy policy can be stated in one sentence: increase the cost of energy so

people will use less of it. don't take my word for it. remember the president said in 2008 that his cap-and-trade plan would necessarily cause electricity rates to skyrocket. energy secretary chu said what the country really needed was for our gasoline prices to increase to what they are in europe. that's six to nine dollars a gallon. sunday's "clarion ledger" categories a column by dr. shughart at ole miss that catalogs example after example of the environment protection agency's anti-energy efforts all

of which drive up energy costs. well, we don't need higher fuel prices in mississippi, but other than the litigation and encouraging our congressional delegation, we can't change federal energy policy. even when it closes down oil and gas production in the gulf and costs thousands of jobs in the gulf state. but we can continue to make mississippi an energy-reliable state. we have energy policy, and it's more american energy. we need to promote all forms of energy that can compete in the marketplace successfully. all of the above plus conservation and efficiency. more american energy means more energy security and less of our money going for foreign oil, often sold to us by people who don't like us. abundant, affordable energy will mean -- will help american businesses, especially manufacturing to stay competitive in the global marketplace. of course, that means more jobs,

and a better quality of life for americans. the current federal policy of more expensive energy so that people use less energy is not an energy policy. it's an environmental policy. one that hurts the economy, blocks job creation, and ultimately reduces standards of living. we can't repeal that bad policy yet. but in mississippi we'll continue our state policies that generate higher skilled, better paying jobs while making us an energy-reliable state. your support in that has been and remains indispensable. it contributed to mississippi power's new $2.5 billion coal-fired power plant in kemper county. entergy's $500 million investment to increase output by

13%, and smepa's $500 million in upgrades. chevron continues to invest hundreds of millions at pascagoula, it's largest refinery in the u.s., and next door, chevron is half finished with the $1 billion liquefied gas. bluefire has began construction of an ethanol plant in fulton, and enerkem has plans to build a waste-to-liquid transportation fuel facilities in pontotoc. ergon and bunge's $100 million

ethanol plant in vicksburg is fully operational. the quarter twin creeks' facility will be begin manufacturing solar panels. operations will begin this year as well in soladigm's ultra-high tech dynamic window plant and olive branch will be in production this year as well. finally, we're optimistic that kior soon will be breaking ground in columbus for its first biocrude refinery, and rentech has purchased a site for its coal to liquid motor fuels facility in natchez. these projects are generating more than $10 billion in capital investments in our state and creates thousands of jobs. many of the project will result in new markets and higher prices

in mississippi farm and timber products and lignite coal. critically, many will reduce energy use or reduce emissions. in fact, mississippi power kemper county plant is the first commercial scale coal-fired power plant in the u.s. with carbon capture and sequestration its emissions will be the equivalent of natural gas fired facility. tourism is and will remain a large employer in mississippi and a big piece of our economy. further, tourism helps our image. while mississippi has suffered from a negative image all my life, people who actually visit here almost always go home with a better impression and a positive experience. in 2007, i recommended to you

that we build a civil rights museum in our state. the civil rights struggle is an important part of our history and millions of people are interested in learning more about it. people from our world would flock to see the museum and learn about the movement. a commission headed by former supreme court justice rueben anderson, and former federal judge charles pickerring developed a design and a plan. the proposal went sideways. because of the disagreement about where the museum should be located. recently i've talked to justice anderson and former governor william winter, and they have recommended a solution to me. i'm presented it tonight because this is the year that to get that museum going. it is the 50th anniversary of the freedom riders and 150th

anniversary of the civil war. [applause] [applause] justice anderson and governor winter recommended that we build the civil rights museum adjacent to the proposed mississippi history museum at the existing site in downtown jackson. [applause] [applause] >> we have to resolve the siting issue so that we can get this done and now, this year, this session is the time that we've got to cut that gordian knot and get it done. [applause] [applause] >> the reason that i urge you to move on this is it is an appropriate way and the only appropriate way for us to do justice to the civil rights

movement. and to have a museum that will stand as a monument of remembrance, and reconciliation. [applause] [applause] >> as i close -- as i close, i want to return to the subject that's heavy on my mind, and that's mississippi's leading the nation out of this recession. we are well prepared to make a major leap forward. we saw it in the surge that was cut off by the national recession in 2008. that period was marked by increasing employment, rising incomes, replacing low-skill, low-paying jobs with higher skilled, better paying jobs. we can get back on that roll. we have advances over other states that we've talked about. but i think what we got to focus on is attitude. we showed that can-do attitude after katrina.

we got to get it back. when the coast got obliterated by the worst disaster in american history and hurricane force winds extended 240 north up to west point, our people didn't whine or mope. they weren't looking for somebody to blame. no, mississippians proved themselves to be strong, resilient, self-reliant people. they got knocked flat, but got right back up and went to work. went to work helping themselves and helping their neighbors. and the country and the world noticed. i can't tell you how many times after the storm other governors or senators or ceos told me, haley, you got to be proud of your people. it's true that the lord works in

mysterious ways. i realize that katrina, something you wouldn't want to happen to your worst enemy, the response of our people to katrina and it's devastation has done more to help the image of mississippi than anything else that's happened in my lifetime. [applause] [applause] >> people saw our state and our people in a new light. they gave us a chance to compete for their business, for their vacations, for their expansions. that got us on that roll. and now we got to get back on that roll. the country and the world have a new image of our state. they've prepared to give us a chance, to let us compete. but all it is is a chance to compete. so it's up to us to meet the challenge. better said, it's up to for us to meet the opportunity.

if we grasp this opportunity, it will propel mississippi to it's rightful place as a leading, thriving state in the fastest growing section of the country. itpeople used to say that mississippi is the most underestimated place in america, and mississippians are the most underestimated people. well, today we've learned to quit underestimating ourselves, we've proven to the world what mississippians are made out of. and the world likes what it saw, and the world likes what it sees. now it is up to us to seize this moment. the stakes are simple, but huge. they can be put into one short paragraph. our goal is for mississippi mothers and grandmothers to see their children, and grandchildren choosing to stay in mississippi because mississippi is the best place to

build a successful career. because mississippi is the place with the most opportunities. and it is the place where you can enjoy this sweet land's quality of life. that's the dream of every mother and grandmother in mississippi. and it is we who with the right attitude and hard work, who can help make it a reality in this decade. that is what we've all been trying to strive for. thank you for all you have done to change our state for the better. and thanks for all you are going to do to make sure we keep moving forward together. thank you y'all. god bless you, and god bless america. [applause] [applause]

>> lawmakers gathered on the house floor to pay tribute to the representative gabrielle giffords and the other representatives of the shooting in tucson. see what members said online. follow the comments of your congressman, track daily thymelines and read transcripts of every house and senate session. >> this weekend on c-span 3 american history tv, historians discuss the importance of pop culture in boston. oral history with walter,

washington, d.c.'s first delicate to congress, the founding member of the congressional black caucus, and engraving currency and part of the continues series on the civil war, the succeed of the first state to succeed, south carolina. experience american history tv, all weekend, every weekend on c-span3. see the complete weekend schedule online at c-span.org/history where you can press the c-span alert button and have c-span e-mailed to you. >> i believe the best way to carry on dr. king's work is to reach out to someone in need and make an ongoing commitment to somebody in service. >> on the anniversary of martin luther king's birth, use the program library. there are hundreds of programs. find a program, watch it, clip it, and share it. >> iowa governor's terry

branstad was sworn in for a 5th term at hy-vee hall in des moines. he vowed to cut states spending and reform the education system. from iowa public programming this is 20 minutes. ♪ ♪ ♪ ♪ ♪ ♪ ♪

♪ ♪ ♪ ♪ ♪ ♪ [applause] [applause] >> thank you to the heartland youth choir, directed by mr.

jim. >> as the oath of officer is done by mark cady, it's imprinted with terry branstad. it's the same bible used in the four previous inaugurals for governor terry branstad. >> i would guest that is not a position that justice cady thought he was. >> that's right. he's new. >> i would like to invite again to the podium chief justice mark cady to administer the oath of office to governor-elect branstad. >> he -- >> there you go. raise your right hand please. i, terry e. branstad, do

solemnly swear that i will support the constitution of the united states and the constitution of the state of iowa, and that i will faithfully and impartially to the best of my ability discharge all of the duties of the office of governor in the state of iowa, as know or hereafter required by law. >> congratulations, governor. >> thank you. [applause] [applause] >> just of bit of embrace there. smile of pride.

>> they have done this so many times. this is the 5th. his wife looking on like wow are we going this again? i think some excitement. as he told you yesterday, dean, a little bit of nervousness is good. but not too much because he's been in this position. >> he admitted to butterflies. he said it wouldn't be right if i didn't. >> when you are speaking to more than 1,000 people, you are bound to have a bit of them. standing ovation for the governor right now. governor-elect -- well, now sworn in. governor branstad again. >> madame lieutenant governor, mr. speaker, madame and mister leader, mr. chief justice, justices and judges, legislators, elected officials, distinguished guests, relatives, and friends, senator danielson,

thank you for presiding. even though governor culver is not with us, i want to thank him on behalf of iowans for his service. [applause] [applause] >> leader, let me congratulation you on being the first minority leader in our state. we are all proud of you. [applause] [applause] >> your dad, dell, is smiling down on us all today very proud. lieutenant governor reynolds, thank you for your inspirational remarks. in you i finally met my match in

energy and passion for iowa. [applause] [applause] >> and i look forward to the day when i witness the swearing in our of first woman governor of iowa. it's about time. >> for the past 15 months, i've traveled all over our state from river to river, border to border, from farm to factory, from cafe to office building, it's been an experience of a lifetime to reconnect with iowans at their jobs, schools, places of worship, and play, to have a conversation with them about our state where we are, and where we want to go. and what i'd like to do today on this the occasion of my 5th

inauguration as your governor -- [applause] [applause] >> i wanted to tell you what i've learned. to make my humble attempt to distill our collective wisdom into a statement of principals, a new covenant between a state and its people. this new covenant must have as its poll star the fact that iowa is an exceptional place. we are blessed. [applause] [applause] >> we are blessed with the richest resources of soil and water. we are the envy of the world. populated by hard working, honest, and caring people that feeds and powers the world. and ignited by our ingenuity, we've only scratched the service

of our potential. iowa stands at opportunity greater than any time since our ancestors crossed the mississippi to view the expansive prairie as far as the eye can see. with the advent of open markets, growing world middle class, and need for sustainable solutions to the world's problems, iowa sits at the cat bird seat of history. [applause] [applause] >> the world is hungry for our foot and biomass. envious of our technologying, pining for our productivity, and the winds which blew in a face for a century or more blew at our back. iowa is exceptional. these are exceptional times. our challenge to seize the day. to those that say our goals of

200,000 new jobs in the 25% increase in family income is too high, i see you ain't seen nothing yet. [applause] [applause] >> only wrong-headed policy choices can prevent us from entering a golden era of iowa history. and we must start with government. it must change. less it dampen our opportunity and squelch the individual initiative which is our engine for growth. our old ways of doing government's business must be altered to do the people's business. we must rid ourselves of the yolk of too much government which taxes us too much, spends too much, and regulates us too much. [applause] [applause]

>> government must as abraham lincoln once said do only that which the people cannot do for themselves. that is a new covenant principal number one. new covenant principal number one. we have too much government. state, county, city, school, local, and it must be reduced. for too long, we papered over the fact that our appetite for government exceeds our pocketbook to pay for it. [applause] [applause] >> my 86-year-old dad, edward, is sitting here in the front

row. he would tell us that our eyes are too big for our wallet. :our state auditor tells us at least 15% must be permanently eliminated from government in order to make our books balanced once and for all. i aim to make sure that we do it and that we do it now. [applause] we will all share in the sacrifice while protecting those that need our help. but we will remove the lead boots of excess government from our economy, and without the burden, we will be able to run it like the wind in the race for prosperity. [applause] second, the government must

serve the people and not vice versa. leadership is about surface, not power. i stand here again as your governor, with my wonderful wife, kids and grandkids, and i am here because of a year and to serve. [applause] and i ask each government employee from the quirks to the supervisors to the department heads to never forget it is the people who are our boss. [applause] and we must serve each other without the compulsion of government. in 1835 a french nobleman named alexis de tocqueville turned the united states and he noticed that americans were different than europeans.

he said wherever at the head of some new undertaking you see the government and france and england. in the united states you will find an association of people. and you know that is still true today. every day how humans volunteer to make a mistake a wonderful place that it is to live, work and raise a family. the hope foundation is a great extent of this. kids were coming to school in boon without a warm coat or were hungry, tired, sick or worried about their families. teachers like many others throughout iowa use their own funds to help these kids knowing students can't learn when the basics are not met. those caring teachers started something called the bone hope foundation and the foundation since 2005 has raised $129,000 from community donations to help students and their families in a time of crisis.

the groceries, medical bills, eyeglasses, snow boots and mittens have all been provided to children in need because of community care. let us all we knew our commitment to get involved, to help the homeless, feed the hungry, minister to the sick, pray for the wayward, to make each of our communities better by sticking out and stepping out and to those who are the most fortunate, we bear a special responsibility to extend the latter opportunity to those in need. [applause] we need to look no further than the record number of iowans currently deployed in our armed forces from salvatore giunta to anthony sellers, our service men

and women protect us everyday with their valor and sacrifice. we all know the story of salvatore giunta, our most recent recipient of the medal of honor. to all iowans, we are bouncing our buttons proud of this young iowan for his bravery, courage and resolve. [applause] i doubt that many of you know sergeant anthony sellers of burlington, but i was privileged to meet him introduced to me by his proud father.

kent is a veteran himself, now confined to a wheelchair, but in burlington he was beaming when he introduced me to his son who has completed two tours in iraq and is now at fort benning preparing for another diplomat. anthony, like thousands of other iowans has answered the call of freedom and he embodies the spirit of selfless service that makes our state and our country that shining city on the hill that tom paine wrote about over two centuries ago. surely we could use the example as an inspiration to us all. [applause] to a third, it's time to restore transparency and integrity to our government decision making process. in iowa we pride ourselves on limited but from the government services. when the government said it

would do something, we did it or and for the right reasons. our problems were serious but manageable and as a people of good faith, we've rolled up our sleeves and salt them. but we have gotten off track. we have over promised and under delivered, turning solutions into problems iowans deserve better. [applause] and we will get back on track with a slim better managed and sustainable government the you can count on when you need and it will start by opening up to the people. our budgets, briefings and the like. sunshine remains the best cure for what ails our government. [applause] the fourth principal of the new covenant in iowa must be a

renewed commitment to provide the best education in the world. [applause] providing iowa's children with a globally competitive education is key to their future and to the future of our state. employers say of the need a better prepared work force. this means high your expectations for schools. sadly, i was the five educational system was once the envy of the world. today it is the middle of the pack. our young people must be able to think critically, solve problems and communicate effectively.

they need a strong background in math, science, english and social studies. the bar is continually being raised in this knowledge based economy. it's time to put in place reforms that are the hallmark of high performance school systems starting with assuring that there is a first-rate teacher in every classroom. [applause] this is a time to put in place reforms that are hallmarks of high performance was systems. and as i said, we start with having the first absolutely top

rate teacher in every classroom. but the new year is also an opportunity for iowans to have a conversation about how to accomplish this. how could we attract top students into the teaching profession? what do good experienced teachers need to become effective instructors? and how we get rid of teachers whose students consistently do not learning enough even after those teachers have received coaching to improve? i plan to convene a summit, i plan to convene a summit with some of the top education leaders of the nation and state to benchmark the audio status and lay out a plan for legislative consideration that will give our kids the best education in the world. [applause] it's not just the schools that

must do more. teaching children the value of good education is the job of parents. [applause] instilling the importance of lifelong learning not just by words but by example will help families and iowa prosper. it's time for all of us to get involved. finally, we must celebrate success. our tax system, whether it be property or income taxes, punishes those who create jobs we need. that will change. both will be reduced and simplified. [applause] [applause]

the job creators will be rewarded. they are welcome here, and it's about, the time our tax system reflects that fact. as with our tax system, so must our attitudes toward success change. well our modesty in the face of success and sometimes charming, it can often limit our reach. alex haley once said we should find the good and praise it. in our state and in our communities, we should find success and praise it. we should reward responsible risk-taking for it is through the creation of the spirit of entrepreneurship that all parts of our state, rural and urban will grow. it is the ticket for bringing our sons and daughters home and getting all who live here the chance to share in our bounty.

[applause] that then is what i learned on my travels around our state. iowans have worked harder, sacrifice more, tighten their belts further, and endure the greatest recession since the great depression. and now it's time for government to do the same but it's time for an new covenant between iowans and their government. it is the covenant found upon the principles of limited government. surface of soft. transparency and integrity. world-class schools and so the reading of the success of iowa. these are the principles that will guide day as your governor. the collective wisdom of iowans

will inspire me every day to give iowans a government as good as the people that it serves, and i ask all of you, republican and democrat, liberal and conservative, young and old to join me in that effort. no one of us has all the answers, but together we cannot fail. one day on the campaign trail and was visiting with some folks in the small town cafe and one of the farmers who appeared to be in his 80s asked me what it accomplished running by governor again. well, i reveled of our goals and then i stopped and looked at him and asked what he felt he had accomplished in his time. he looked at me with a twinkle in his eye, took a long sip of coffee and shifted his feet. well, he said, i left my farm

better than i found it. when our days are done, when our time has come, we will be asked how do we mash the vehicle which to measure our days? i for one remember that farmer in that cafe. i hope to leave the state better than i found it. if all of us would approach our days with that same sense of stewardship, we would have fulfilled our mission. with your help and god speed, that will be the case. and the remarkable history of an exceptional state will march on unedited. thank you. god bless you and god bless the great state of fallujah. [applause] -- the great state of iowa.

[applause]

e al the annual state of the state address by kansas governor samso brownback sworn in on monday. prior to his term as governor ho served aves u.s. senator and rar for president in 2008. n esis half-hour yvette comes c courtesy of kansas public television television. [applause] [applause]

[applause] [applause] [applause] [applause]

[applause] >> and governor, will come. [applause] [applause] [applause] [applause]

>> mr. speaker, mr. president, minority leaders hensley, davis, mr. chief justice -- [inaudible] i guess you have to turn it on. [laughter] i will start again. mr. speaker, mr. president, mr. chief justice, minority leaders hensley, davis, legislators, cabinet officers and elected officials, honored guests and my fellow kansans, i understand my predecessor gave his speech last year without

using notes or and using the teleprompter. i've got important things to say and i want to make sure not to miss them and a source with this i love kansas and they're really truly is no place like home. [applause] this is such a fabulous state. i was born here raised here, educated here, married here, raised my family, commuted to washington for 16 years and i am glad to be back and we've got some things to do and that's what i'm going to talk about tonight. and i feel we're up to do it. this is inappropriate time to it. we are in our centennial year, 150 years of kansas. and this state has done well and we are going to do even better in to our future. also it is inappropriate time to reflect on the past and to look

just what the future should be. the first generation of kansans pledge their lives and destinies to forge kansas of freedom in the midst of blood and fire of war. they were against almost inevitable aunts and they succeeded, and god bless this state. with generations of men and women who have the courage to build a kansas of humanity and hope to read these kansans have a long view of the state's future. the interest of the heritage of the state and the judgment history would rest not on what was in their time, but rather on the seeds sown for all of time. courage, humanity, hope and good times and bad movies that rock characteristics of kansans have stood the test time. [applause]

and it is this heritage and legacy that prepares us for the challenges kansas offices today. i want to speak directly to those kansans who are out of work or underemployed or if you're falafel losing their jobs. kansans looking to leave the state to find opportunities so your families may thrive, to the kansas children who live in poverty and despair. please note that the courage, humanity and hope of kansas are not lost. they will never be lost to these challenges will be met and they will be overcome and met and overcome because like those kansans before us, we will remain strong, steadfast and we will be focused on them and their future. [applause] this administration will tackle the daunting challenges facing the state through for

distinctive, separate initiatives including growing the state's economy, excelling in education, reforming the government and protecting the kansas families. in these initiatives we not only pledged to lift kansas out of its economic morass, we also commit to assess, monitor and publish that progress that is it is made. growing at the kansas economy is my first priority. we must take bold steps today to create economic growth to mauro, and in saying this, however, let me be clear we cannot government program or borrow our way into strong doherty economy. it doesn't work that way. [applause] and we cannot hope for the best and cheaper over the worst. kansas will emerge stronger economically through hard work,

practical ingenuity and removing the government impedimenta both rural and urban private-sector growth. in the coming days i will be proposing an integrated strategic plan to spur the kansas economy. this plan will create the framework for more private sector, not government sector jobs. it will put more earnings in the pockets of savage kansans and help to result of poverty many families and children who now despair. i plan to create private sector jobs we paid for by eliminating corporate tax subsidies enjoyed by all only a few. these reform efforts -- [applause] these reform efforts include enhanced expensing, allowing kansas businesses, all kansas business small or large to immediately deduct a higher percentage of the cost of an investment. and then an area that i am calling role opportunity zones

or roz's will provide an individual relocating out of step into any particular to the culprit is pitting county that is experienced double-digit population declined last ten years. 40 of their counties have seen over 10% population losses last ten years. that is way too much. we need people, we need their money, the jobs, their ideas and we are trying to stimulate that with five years of no state income tax for individuals moving into those areas. [applause] additional the other items critical to my plan will include a three-year, 105 million university economical finished it to enhance job growth in key economic sectors such as aviation, cancer research, animal health and engineering. each university will be required to provide through private sector or reprogram funds 50% of

the cost the program initiative. while the creation of the governor's economic council chaired by myself and this council will consist of some of the state's most successful men and women who are leaders in the private-sector, the council will assure strategy integration, coordination and accountability across all of the state's economic development agencies and initiatives. we will do full funding of the wichita fares to underpin this critical economic growth initiative in south central kansas. [applause] i also intend to work with a little statistical and people of kansas to to get vintage of the growth in the states emerging industries of opportunity. we will build the expansion of western kansas. [applause]

affordable energy and electricity exports will help underpin kansas 21st century economy. we will expand and start new wind energy projects in the state and if we do this right we will see the development of the renewable energy corridor throughout the state of kansas the will provide jobs for rural kansas and clean energy for the world. i want kansas to not only be known as the wheat state but also the renewables state, and we can do it. [applause] we will update our telecommunications to facilitate greater investment in broadband and wireless deployment and we will grow the animal like a cultural sector particularly list of 81 highway facilitating greater investment and livestock production and terrie. and we will share with the world

the beauty of the hills and the undisturbed tall grass prairie land. increased tourism so our environmental treasure will benefit our rural communities, the state and anyone who chooses to spend their vacation time and this peaceful expanse. [applause] and for all of this to work, we need a state tax code this pro-growth. i ask the legislatures to start the process this year of reviewing our entire taxation system with an eye toward economic growth. we need to do this. [applause] my administration's offers purity will be creating jobs to provide more income and opportunity for kansas families.

when my cabinet meets i am going to ask each time what are we doing now to help create jobs in this state? let's talk about education. educating children is through the state government as national defence is to the federal government. it is the primary function. takes the lion's share of the budget as it should be. a great educations growth rate futures. yet our public universities have seen severe cuts and stagnant rankings at a time when the kansas economy needs better educated students and ascending institutions. a crisis of learning excess for many of the kansas children failing to acquire the basic reading skills they need to succeed in school and in the workplace. the situation is especially dire for those children who are economically disadvantaged.

the budget i am submitting to the legislature for its consideration will provide school districts with more overall state funding and also stabilize state support for ayittey education for the first time since the great recession began. [applause] since state money will be tight and federal funds declining for the foreseeable future, we need to make sure we target our funding in the right places to get children the foundation the need for success and this is why i am proposing we dedicate $6 million this year in the children's initiative fund to the development of early childhood education centers and the most needed school districts. look for to meeting with the children's cabinet to focus more funding on early childhood reading. let me be very clear no child in the state of kansas should pass the fourth grade without being

able to read. [applause] unfortunately, that is not the case today. yet if a child cannot read boe rall contracts and the child can read their world expands. before leaving the critical topic of education, let me briefly touch on the issue of what our kansas constitution means when it speaks to the need is providing a suitable the education for our children. i know many of you know the code word means politically. but you don't know what it means legally. for years we've faced repeated legal action against the state because no one knows what a suitable education actually means. i invite this legislature to define suitability and end the

confusion. [applause] this will provide us with a definition of what we need to undertake reform of our school finance formula and provide our school districts with stable sustainable funding for the future. and also, this is where it belongs under the constitution, the legislature should result school finance, not the court, so we can send more money to the classroom and not to the courtroom. [applause]

the days of ever expanding government are over. and under my administration will not return. [applause] the future demands of us a commitment to deliver core services and innovative more efficient ways coming and we will do that beginning with a structural lowering of the job positions in state government. in my fiscal year 2012 budget recommendations i have eliminated over 2,000 unfilled state employees positions. [applause] yes, the days of ever expanding government are over. in the next few days i will submit a series of executive orders and reorganization orders designed to reduce the total number of state related entities

through targeted realignment, combination and setting. this will include eliminating eight state agencies. these reductions will not be easy, but these reductions are necessary. and in the aggregate, these changes not only will save kansas taxpayers millions of dollars each year, they will help us for what we must do for the future which is of a nimble responsive and forward looking state government. this is imperative. now in order to ensure the reforms continue, i have established an office of the repeal. and i have appointed dennis tayler, secretary of administration to be the repeal. now his job will be to work closely with the administration with of the legislature and with the public to identify regulations or statutes or repeal that our cost become outdated and ineffective. let me repeat that if i haven't made it clear. the days of of expanding government are over.

[applause] my proposed total state spending of total funding for the state government this next fiscal year will be more than three-quarters of a billion dollars lower than this year. this will be the first time the total or all of the fund budget has been caught since 1972. yes, the days of the ever expanding government are indeed over. [applause] now kansans, as we all know, or can do people. we take care of each other even when circumstances are difficult as they surely are now. we have those in the time of need we protect those who cannot protect themselves.

join us tonight sergeant first class david edington it simplifies it means this difficult call of helping somebody in a difficult circumstance. while performing his duties and iraq in 2007, sergeant edington was wounded in a surprise mortar attack on his position without regard for his safety he ordered troops to take cover and began the area for the wounded he discovered one of his soldiers sustained a wound to her leg and even though he was injured himself he applied for state and successfully slowed her blood loss and saved her life. sergeant edington this is from a long tradition of kansans who sacrifice themselves for others. and tonight we salute their service and hayes and he has kindly joined us in the gallery. sergeant edington? [applause] thank you.

[applause] .. [applause] he agreed to receive it on behalf of the many troops from kansas to have served in the past and are serving now so valiantly on the battlefield around the world. we are proud of you and all the men and women who served. [applause] as i was saying yes we help

those in a time of need and mann of the state's families areatami being tested in waysing tested viimaginable in previousle t pre generations the of created a ha myriad of services designed to assist in the paris, families and disabled citizens who live on a large andam disabled citizens who live on the margin or in poverty. that is all to getting -- altogether fitting and proper. the bulk of total expanded state funding for fiscal year 2012 relates to the increased cost of caseloads in srs and medicaid and the federally mandated increases in the state share of funding for these programs. with this increase in caseloads, budget. if we don't reallocate funds to address these issues we will face a crisis affecting health care. the most vulnerable people in our state. because of this i come into legislature to pass telephony speech that -- funding -- spending freeze bill and have it on my desk by the end of this

month. had to think about that one for a minute. this bill takes care of our most vulnerable this year and leaves us with an ending balance so that we can address the critical needs when they arise next year. quality affordable patients injured health care is a priority for all of kansas. next year medicaid it will take almost 18 percent of the state general fund. the program is going faster than our economy. additional commitments required of us by washington have said us on the path of unsustainable spending and lower quality care. rather than dick receiving dictation from washington i've pledged to fight for kansas health care needs.

under the of lieutenant governor of dr. jeff collier our lead demonstration will begin this month. if we are going to keep our promises quality must be improved for the patient and the taxpayer, cost must be controlled if and only if we do this we protect canter's families and help those in their time of need. let us also ensure that capers is made sound so that those promises are kept. currently under the most favorable set of estimates the system has an unfunded actuarial liability of nearly $8 billion. some private auditors have suggested that capers is the second worst funded public pension system in the country. i encourage the legislature to work to ensure the integrity and soundness of the system for the decades to come. it is time that it be addressed.

successive generations have been charitable people. over the years doctors and dentists in our state have provided free services to thousands of needy people, and this is the sort of community action that our laws should encourage. unfortunately medical professionals who provide this free care are subject to malpractice lawsuits for the free care that they provide. i call in the legislature to address and change this and also to allow incoming governors to use funds raised from their inaugural gala on charity and not on peter crest. [applauding] this is our calling. help those in their time of need, including and especially those who are the most tolerable. i call on the legislature to

bring to my desk legislation that protect the unborn and establishes spec culture of life in kansas. [applauding] [speaking in native tongue] we must support the dignity of every human being whether that person is unemployed, under educated, or unborn. few if any of us in this chamber will merit mention in the line judgment of kansas history, but let each of us do what we can to improve the lives of kansas today and those to come tomorrow. my administration will put 45

measurable significant to note -- goals that cumulatively will help push our great state for word. these are increasing net personal income, increasing private-sector job employment, increasing the reading level of fourth graders in kansas. increasing the percentage of high-school graduates who are career or college ready and decrease in the percentage of kansas children who live in poverty. we are certainly subject to global economic forces, but we are not rather less. i believe these polls are a significant and achievable. successfully reaching them will change callus lives with a better and make the future brighter. through more strife, economic chaos, doubt and trepidation the people of kansas have borne our straight to it -- state to greatness. each generation have maintained

the right it carries to meet every challenge and overcome seemingly insurmountable obstacles with humanity and optimism. this is our legacy, our heritage, to profound give to those who have come before us and led us to stay. mr. speaker, mr. president, leaders of kansas, the state of our character is strong. at back it is strong because sie 186-1150 years ago generations of kansans, waves of immigrants have had the courage, humanity, and hope to make it so. god's abundant grace has certainly favored us. by his continued grace and the good character of the people of

kansas the greatness of kansas will grow. they you for being here tonight. god bless you, god bless kansas and these united states. [applauding] [applauding] at back. [applauding] [inaudible conversations][appla] [applauding]

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the author of the book the flight to rebuild the democratic party and reshape american pa politics thanks for being here.g >> guest: thanks for having me. shooting. how do you think the liberal

face of the democratic party hae responded to this? >> i think the liberal face of the country at large responded very well to barack obamaonded speeds. there were a lot of questions therwere a lat should he say? how shotould he say it? whashoud how ouldonce obama started speaking, and especially as the speech gained some force peoplee salize that it was a veryspeecn powerful message that he was delivering and it was thehat he message that obama was you need to be able to deliver.hat obam i heard from a lot of supporters afterwards and they said, this is the obama that we voted for.s we have an ability to rise toot. bi hashe aon. that is what they wanted to see and have been wanting to see from this president and the lass few years.years, real. use your incredible ability to orate and really deliver that powerful message to the american people. i don t't think a political spe. would have been appropriate. the speech is what obama and the

country in general wanted to and from the president deliver the message to the american people. host: let's look at president obama's comments. >> as we discussed these issues, let's each do so with a good dose of humility rather than appointing -- then pointing fingers or assigning blame. -- rather than pointing fingers or assigning blame. let's look use this occasion to listen to each other more carefully, to sharpen our instincts for empathy and remind ourselves of all the ways that our hopes and dreams are bound together. host: president obama speaking this week at a memorial service in arizona. a lot of conservative commentators have praised him for this speech and not delving into the political realm, as you mentioned. why do you think they have been so positive and is there any

political calculation in that? guest: it is nice to see them do that for once. he put politics aside in his speech. it is funny because there is this caricature of obama of -- as this un-american socialist. it is an image that has been created on the right. when you saw his speech this week, that could not have been further from the truth. it was such a heartfelt, pro- american message. as he said, he was speaking to the american family, 300 million strong. barack obama sounded like ronald reagan in that speech, the president that conservatives so revered. things're looking at the they value, american values cannofor example, they gave him credit in his speech. i do not think it is going to last, but it was nice to see 419. host: what you think of the blow back that has taken place -- to

see for one night. host: what you think of the blow back that has taken place with conservatives, that there have been accusations of accusations -- there have been accusations of responsibility, this sort of blow back from the cause of the shooting. guest: i watched a lot of coverage the day of the shooting and part of it was great because we were getting a lot of live coverage. but part of izhak was -- but part of it was stuff that should have been saved for later. the right to a lot more than the left. a lot more of this has happened on the right. i think both sides, liberals under the bush era and conservatives under the obama

era have had some hysterical rhetoric about the president. but the fascination with gun imagery is much more prevalent on the ride down the left. -- the right than the left. host: the book you wrote came out in october. did the liberals get left behind in president obama's first two years in office? if guest: they had mixed feelings about obama. on the one hand they look at what he has done and say, ok, the stimulus bill, health care bill, financial reform, i mean, these are big pieces of legislation. at the same time, they look at the size of the democratic majority and the opportunity he was handed and they do not believe he is able to change washington in the way that he claimed to when he was campaigning.

he talked a lot in his campaign about bringing his supporters in to washington, making them a parallel force off to lobbyists and legislators that are blocking change in the capital and that never happened. instead, obama cut a lot of deals to get things passed, you know, deals with health insurance companies and the like during the health-care debate. and on a broader level, he ran a much more conventional, top- down white house and still with a lot of names from the clinton and bush era. i think, many liberals were open there would be a lot more new faces. -- were hoping there would be a lot more new faces. host: you write in your book, " is typically one sided. guest: i think that happened a lot during the health care debate.

president obama said he wanted a public option but did nothing to fight for it. when it died, people said, you did not fight for it. and it has happened again with the tax cuts. the president has said he did not want to extend the tax cuts for the wealthiest americans, but he basically did not fight for it. i think they want him to fight, for what he believes in and if he cannot get it, ok. but have the fight before you compromise. i think that has been the central critique of the obama administration of his supporters on the left that remain today. host: our guest is a contributing writer to the nation and is doing an investigative fellow show that the nation institute. let's hear from john in kentucky on the republican line.

caller: i would like to understand about the speech that was given, how the people worswe complaining of the left. it was a beautiful speech, no doubt. but wouldn't it have been much better if he had spoke from the oval office, first, and directly on the situation instead of in a college atmosphere where it was more of a pep rally situation? it seems to me like it would have been more effective and he would have shown more empathy toward the families and the nation and brought it together more had it not been a seemingly -- whether it was or not -- a political atmosphere.

guest: this has become somewhat of a common critique on the right and i could not disagree with it more. it was not a political pep rally. the president did not choose the format. tucson went through a horrible tragedy. the university of arizona went through a horrible tragedy. and when the president came, they wanted a moral, but they also wanted to feel better about themselves and their community and they wanted to feel that from the president. i thought when he was optimistically and quite graciously praising those who lost their lives and people were cheering, i thought that was a great and healing moment. from what i hear, the people there felt the same way. what i have heard from people who were there is that people wanted to cheer. it was not a directive that came down. i think he was able to reach out

to people in a way that he would not have if he was just sitting in his oval office. he does not come through in that setting as well. host: and here he was acting as minister of the nation, almost a religious moment rather than the commander in chief. guest: it is hard to convey empathy when you are in the a state room. the audience with its cheers and the motion is what gave it its power. -- with its cheers and a motioen is what david is power. you want to be around a lot of people. you do not want to just be with someone sitting behind her desk. host: carroll writes this is on

twitter, about president obama and his identity with the liberal base. and her handle on twitter guntotindem. guest: [laughter] that is great. i think if you look at the obama administration, he has many people that also served in the clinton administration. paul thereof -- there obviously are a lot of similarities between obama and clinton. the times, though, are quite different. even though there are a lot of recurring similarities, and we recurring similarities, and we saw this week with dealing