be done, like, encourage these people to come back home, and being someone who was abducted when i was young, for sure i was -- they tried to brainwash me, but because i was staying and had to become -- by the time they abducted me there were some people returning from the bush, like from the duty of the area. so they were trained to, like, tell me that jacob you know we bring you here and when you go back home, the government actually will kill you. there's nothing like, welcoming from your people back home and what hi does most that is keeping, he tries to deny them access to the media, the radio stations, things that can let them know the truth that is outside there. like here in -- what is happening actually when you come back home. so this gives some of them are fighting not because they want

to stay with the lra, but because they feel like now that he has brought us here, the government looks at us as being rebels, and when i try to go back home, they will just kill me straightaway. so i had to fight for my dear life, and die in battle. so thereby, he has been able to keep a lot of kids around him, and if there is any way that these kids can be reached and, like, people telling them that, sometime back i was with you and now i'm still living a positive life. i have changed my life. i'm involved in doing this. if these people get to know that when you come back home, nothing actually happens to you it will encourage them to come back home, and then the second thing that i want to bring forward is that he has been able to keep some of the -- this war has been going on for so long. so there are kids born and raised in the bush, and they have both parents in the bush,

thereby making it very lard to feel like they can eastern come back home. they feel like, they are 18 and their mothers are there with hem and their father is there. so all they know is fighting. so all these kids if there is a way that they can be reached and to tell them, the second type of life, which is coming back home, sitting down at a roundtable, something in a good way that would about perfect way of like, encouraging them to come back home. and, like, my education side. i'm so proud of meeting with children, because they made me who i am. when i came back it was so hard for my pain to put me back in school, because school was expensive, and they took the responsibility of my parents and made sure that me alongside hundreds of thousands of kids goes to school, and pursue our dreams, but it's like -- it's -- i'm still advocating for their rights, because it's been

parading less than 10 years and this war has been going on for the last 26 years. so it's affected thousands of kids, and now it is going to affect more and that is like i feel like we should not not leave it to children, not leave it to resolve all of these organizations. we should come as team, as the world and make sure we rebuild and heal the war victims. so that is what i feel like. me, who has been helped out, i should do something to pay for that. and i will only stop paying forward when the war ends. so i would love to stop paying forward, because then the war would end and i would have to do my things. i will not have to depend on any one person. so i'm willing to be a human rights lawyer, because i feel like we should have the same value of human rights. like, people are always the same.

no matter what color you are. we all have a the same red blood and we are all born with the same right. so same right at people in the u.s., in china, in sudan, in uganda or congo has to be promoted by those who are in authorities, and no matter where you come from, if there's a problem somewhere, you are affected in one way or the other. so i find that, like, i feel like if i am a human right lawyer, i can reach out to so many people, not only in my community, not only in uganda but worldwide f. i cou wooiwide >> if i could, last question. what difference would it make to those directly affected, to those in the country in the region and in the war? what difference would it make for joseph kony and those indicted what difference for them to be captured removed from the battlefield and tried?

how would it effect change? >> i think i will start and then you will conclude. >> yes. >> i think it will make a very big difference, because right now, like, i can feel like personally i feel like uganda is -- i kind of want to forget about the past that i went through, but it's very hard. it's not only me. i'm speaking 0 behalf of the victims of in uganda. we are trying to forget what we went through, but it becomes so hard when you wake up in the morning and you hear that people are still being abducted in congo. it takes my mind back to the situation where i was abducted, and if someone's brother is being killed in congo, it takes my mind back where i saw my brother being slaughtered, and this is not only to me, a price to all the victims. so when these guys and this rebel group is brought to justice, i think finally and

slowly people will forget, because they will not hear it again, in any way. so it will bring a very big difference and those who are living in very big fear and those are the people who are still getting -- up to now it will -- encourage them when the war end and the fear they used to live in will actually go away, and they will begin a second version of life of knowing that, oh, i can still be someone. and, like, personally, i had no hope in my life. to the extent that i almost just dead, instead of living in the world. so now that i have received a second type of life that i can actually help. i can actually do something. like, right now i know that all these kids who who are with the rebels and all these kids who are lishing in fear if given chance, they can still do something better. they can still achieve their dream, but it's hard, because

themselves, they don't know that. they don't know that they can still have different, like if they are given chance, they can have a different life which is very positive, which is fit for human being. they don't know about it, and that is what i didn't know until when i was introduced to school and now i know. so the only challenge is, how are we going to let them know? it's by stopping this war and bringing them, look here, you can still do this. you go school and you will not have to fight to get money. will you have to go, you will have to work hard to get what you want. and taking a gun and forcing someone to give you. if you are account, and no one ask for account. the money they pay me right now in my place where i'm working, i can actually spend it the way i want. like, say, jacob, we are paying you. we gave you this money. where's the receipt? my money that i work for it, i

can wake up and say, oh, this is a beer. drink. and no one ask for it. so that is what i want. i want people to, like, be independent. i don't want children to think that they will have to pick up a gun to get money. they will have to pick up a gun to get food. i want them to work towards it. thank you very much. >> thank you, jacob. it is great to be reminded that part of what our president obama was speaking about yesterday was the importance first of ending the conflict. second of bringing the leadership to account, but then third, of remembering. even today it is important for us to remember the show of the holocaust, one of the worst atrocities in known human history, but in this particular case in central africa, with the lord's resistant army, there are still attacks going on, still communities not safe, still children abducted, you said, jacob who have grown up in the

bush and no know other life. our first order of business, end the conflict by bringing limb to justice. how do you think it will be make a difference with the world? you yourself told me you knew joseph kony as a child, grew up in the same village. i'm sure it was lard to imagine he would turn into this monster he's become and so on some level ending his violence and his actions would help close a chapter and then hopefully bring some justice and then some peace, and then serve as an example to the rest of world of the possibility of restoring justice. how do you see it? what difference would it make if he were actually captured and brought to justice? >> thank you so much. i think bringing kony to justice will show the world that impunity is not a way forward. to let human souls suffer. and i think bringing him to justice will, i think, in the

long run stop people around the world who are so brutal and people who think that playing around with the lives of a fellow human being is the way forward, to gain authority and you know threaten -- threatening the other people. but also i think, letting the world know that justice when people come together can be brought to anyone. so i think this will also solve to many african leaders who have, you know, like turned their backs to what's the -- the local population, and they will know that the world will be watching them. so i feel like bringing kony to justice is one way forward of stopping any atrocity in the future that will happen in the world, and to me i feel this is key, because i think as much as joseph kony is still out there at large, i feel that it is very

important to bring him to let hick answer for the crimes he has committed, but also i think it's a responsibility as well to other leaders to realize that it is very, very important when people are in leadership to also protect the lives of the people they lead, and i think the coming together of everyone around the world and focusing on this one man and bringing him out will also in the future cause fear to other people who might think they should stand up and rise and terrorize people. so i think that is the most key important, you know, like element. and, also, i think bringing kony to justice is a way of promoting democracy in africa, because i think that is one area where we have all these wars springing up, because of lack of transparency in the government

system as well. bring people to start fighting amongst themselves. so i think bringing kony to justice is one way forward that will save so many lives, and besides, why is he not fighting his own country? why does he have to take suffering to a country that have no idea? why it's fighting? >> with that, thank you both very much. thank you both for sharing your stories with us today. for your personal journey of recovery, from being abducted by the lra to turning your personal experiences to positive contributions, not just to uganda but to the whole world. we are grateful to invisible children to resolve to enough for their very hard work in partnership with you in add voe cases. i'm going to hold the record open until friday 27th for anyone who wants to submit and without objection enter into the

record a written statement that they wanted made part of the record of the hearing today. thank you so much for your witness, your testimony and your vision. >> thank you. >> with that, this hearing is adjourned.

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friday at 8:00 p.m. eastern. i have seemed to have earned a certain place where people will listen to me and i've always cared about the country and the greatest generation writing that book gave me a kind of a platform that was completely unanticipated. so i thought i ought not to squander that. so i ought to step up as a, not just as a citizen and as a journalist but as a father and a husband and a grandfather, and if i see these things i ought to write about them and try to start this dialogue, which is what i'm trying to do with this book about where we need to get to next. >> in his latest "the time of our lives" tom brokaw urges americans to redefine the american dream and sunday may 6th, your questions for the former anchor and managing editor of "nbc nightly news" in his half dozen books he's written about greatest

generation, the 1960s and today. "in-depth" on c-span2s book tv. the fed just wrapped up its two-day policy meeting. live now to ben bernanke holding a news conference. he's just begun. >> -- economic conditions exceptionally low levels of the federal funds rate at least through late 2014. our program to extend the average maturity of the federal reserve security holdings announced in september will continue as scheduled. each of these policy actions is intended to foster accommodative financial conditions that support the economic recovery in a context of prit price stability. in conjunction with today's meetings, the participants, the five board members and 129 reserve bank presidents, submitted their individual economic projections and policy assessments for the years 2012 to 2014 and over at the long run. these projections serve as important inputs into the committee's deliberations.

incoming information suggests the economy has been expanding moderately. most committee participants expect economic growth to remain moderate over coming quarters and then pick up gradually. among other factors notwithstanding signs of improvement the ongoing weakness of the house are sector represents a head wind for recovery. straining in global, less pronounced than less fall continue to pose significant risk to the outlook. labor market conditions improved in recent months with unemployment having fallen nearly a percentage point since august. however, at 8.2% the unemployment rate remains elevated. looking ahead the committee anticipates that the unemployment rate will decline gradually over are the next several years reflecting the moderate pace of economic growth. specifically, participants projections to the unemployment rate in the fourth quarter of this year have a central tendency of 7.8 to 8.0%

declining to 6.7 to 7.4% in the fourth quarter of 2014. for a comparison, participants estimates of the longer run normal rate of unemployment have a central tendency of 5.2 to 6.0%. inflation has picked up somewhat mainly reflecting higher gasoline prices. however, as has been the case for other recent swings in oil prices the committee expects that effect to be only temporary. moreover, survey measures of financial market indicators continue to so stability in longer term inflation expectations. consequently, we anticipate that inflation will subsequently run at or below the committee's longer run goal of 2%. in particular, participants projections of inflation have a central tendency to 1.9 to 2.0% for 2012 and 1.7 to 2.0% tore 2014. the economic projections submitted by fyc participates are under assessments of the

appropriate path monetary policy. you can see from the chart labeled appropriate timing of policy firming, committee participants have a range of views about when the initial increase in the federal funds rate is likely to be appropriate. following a careful discussion of those views at today's meeting, the fomc maintained its collective judgment that economic conditions will likely warrant exceptionally low levels for the federal funds rate at least through late 2014. in particular, a highly accommodative stance of monetary policy is warranted in light of persistence of the factors restraining the pace of recovery and the ongoing risk of the economic outlook. finally, the committee took note of the decisions regarding the federal reserve's balance sheet today but remain prepared to adjust our securities holdings as appropriate to promote a stronger economic rovly in the context of price stability. thank you. i'd be glad to take your questions.

>> thank you, mr. chairman. from business report. some of your critics, you won't be surprised, think you're still being too cautious that unemployment is still high, the economy slowing, inflation subdued. you just talk and the balance sheet, but given that, is the committee any closer to qe 3 than at its last meeting? >> well, first, the committee has certainly been bold and aggressive in terms of easing monetary policy. we've maintained the federal funds rate close to zero since late 2008. we've had two rounds of so-called quantitative easing. maturity ex-text program which is ongoing. offered a guidance about the federal funds rate that goes into at least late 2014. so we have been very accommodative. and we remain prepared to do more as needed to make sure that this recovery continues and that inflation stays close to target.

in particular, we will continue to assess, you no eknow, lookin the assessment and risk, unemployment making sufficient progress towards its normal run, normal level and whether remaining close to target and if appropriate and depending on assessment of the costs and risks of additional policy actions, we remain entirely prepared to take additional balancing actions if necessary to achieve our objectives. so those tools remain very much on the table, and we will not hesitate to use them should the economy require that additional support. >> mr. chairman, from the "wall street journal." the fed has been forecasting for some time that inflation would fall to 2% or below. the latest measures of inflation suggest that the core pc is at

the higher end of that range and many other measures are above 2%. i noticed that in your forecast today that the upper end of your forecast, all the way through 2014 have increased. do you see a risk that the disinflationary forces in the economy might not be as strong as the fed had been projecting for some time? >> well, i would just say first that our projections still have inflation very close to our 2% target. as you point out, core inflation and some other measures of underlying inflation had been a little stronger than expected, but i would say first that some of the movement in the first quarter, for example, seems to have come from transitory sources like non-market components, and the fundamentals of inflation, in particular inflation expectations, the amount of slack in the economy, the commodity price behavior,

which has been relatively well controlled in recent months, all of those things suggest inflation is going to stay close to or perhaps a bit below our 2% target. now, as i mentioned in the opening remarks, and as we said in our briefing, the recent rise in gasoline prices has create add temporary bulge in headline inflation, in overall inflation. but we expect that to pass through the system and assuming no new shocks in the oil sector, inflation ought to moderate to about 2% later this year. >> the lower -- forecast rise? >> the lower bound rose -- again, this represents 17 distinct view, but i would guess the reason is that the data have come in a little firmer. core inflation a little stronger than expected. but those differences are not particularly large.

>> from reuters. so we know that the committee foresees rates staying very low until late 2014. what is your personal view on the timing of the first rate hike, a likely timing? second, do you see the committee as having an easing bias at moment or is it neutral? could it go either way? >> well, i'm very comfortable with the consensus view that we annunciated today and the committee broadly is comfortable, 9-1 vote in favor of this guidance. so, again, that represent as very accommodative stance of policy. our intention is to maintain highly accommodative stance of policy for the foreseeable future and we remain able and willing to take further action if necessary. at the same time i think it is worth noting that the forward guidance on the federal funds rate is conditional on the data, and if the data were to come in much stronger than expected, we would adjust the guidance

appropriately. so it's not uncondition. it does depend on how the outlook evolves, and again, should the outlook strengthen notably, then we would have to respond to that. >> how much more [ inaudible ] do you see to be -- [ inaudible ] actual -- take place? >> the question is you know, how much more weakness do we need? the committee estimates those assess moni assessments and we've been working to provide more ex-clis it quantitative guidance about our policy reaction function, but so far haven't really done that. and i can only say qualitatively the committee will continue to look at evolution of the outlook, try to assess whether unemployment is making sufficient progress towards our objectives, and in particular whether the recovery is still continuing, and we remain prepared to use balance sheet tools to support the recovery and to help make sure that unemployment continues its

downward path towards longer run normal levels. >> mr. chairman, according to the latest forecasts, ten members of the fomc see a 1% or higher fed funds rate in 2014. seven of them see a 2% or higher fed funds rate. under that, those conditions, how can the guidance in the statement that you remain exception, through late 2014 be justified? isn't there a point as which the dissidence between the individual forecasts and the guidance get to a point where one or the other is no longer attainable? >> there's certainly a range of views, as you've noted, but these projections are inputs into a committee process, and it's in the committee meeting, we had yesterday and today, where we debate not only the possible outcomes but also the risks, the uncertainty, all of

the things that inform our collective judgment, and as i said, the committee had no difficulty coming to a consensus that the guidance that we gave is still -- is still appropriate. again, if there's a substantial change in the economic outlook in either direction, then the guidance would change appropriately, but for now, i think the committee is comfortable with the consensus statement that we put out. >> do you worry about creating confusion in the market, between the guidance and the -- worry about creating confusion in the market between the guidance and the individual forecasts? >> well, again, the individual projections are inputs to the committee decision. so the committee decision is the critical element in that respect. we are continuing to work to become more transparent and we have a variety of things that we're looking at. so you'll have to stay tuned for that, but, again, the committee was quite comfortable with the

cop censsen consensus that we have reported today. >> unemployment is too high, and you said you expect it to remain too high for years to come. inflation is under control, and you say that you expect it to remain under control. you say that you have additional tools available for you to use, but you're not using them right now. under these circumstance, it's really lard for a lot of people to understand why you are not using those tools right now. could you address that and specifically could you address whether your current views are inconsistent with the views on that subject that you held as an academic? >> yeah. let me tackle that second part first. so there's this view circulating that the views i expressed about 15 years ago on the bank of japan are somehow inconsistent with our current policiesthat is absolutely incorrect. my views and our policies today are completely consistent with the views that i held at that time.

i made two points at that time to the bank of japan. the first was that i believe that a determined central bank could and should work to eliminate deflation. that is falling prices. the second point that i made was that when short-term interest rates hit zero, the tools of a central bank are not exhausted, there are still other things that the central bank can do to create additional accomodation. looking at the current situation in the united states, we are not in deflation. when deflation became a significant risk in late 2010 or at least a modest risk in late 2010 we used additional balance sheet tools to help return inflation close to the 2% target. likewise, we have been aggressive and creative in using non-federal funds rate centered tools to achieve additional accomodation for the u.s. economy. so the -- the very critical difference between