that is what we have been doing. >> this is an area in which students are voting with their feet. the enrollment at for-profit colleges is plummeting. i believe it is capeline -- kaplin that saw a decline in enrollment. students are abandoning these institutions in in droves. >> somebody over here? >> i am a president with the graduate school in usa. i have been in education for 32 years. i was a student five times in

higher education. i am a debt free. i think the biggest facades and this country, and i have education in three countries, is the word non-profit organization. the president of a college that only has to under 40 students making 1.7 $5 billion a year, that's about $841 an hour. what do you expect tuition to be? when the associate dean for that same university making about $300,000 a year, how can we call that a non-profit organization? the problem is the student activities are always focused on social, activism, groups, but

nobody ever questions because the idea of non-profit organization in this country is the in come purses disbursement. the problem is we never questioned whether this disbursement is legitimate or not. that is the major problem. i know when i went for my first bachelor's degree, the course for the all bachelor's degree was about $10,000. when i went for my ph.d., it was at $250,000. that is where the students need to be active and should focus on their work rather than -- the problem that created this is we

started calling students customers. you are not going to decide how much you're going to buy that suit for. >> let me just have the panel address this. >> i think a couple of things. this is a place where we see a big gap between private institutions and public institutions. students have more leverage over university policies than students at private institutions. we have seen a lot more activism coming out of public institutions and in terms of the concept of student as a consumer, there are two different ways in which that concept appears in higher education. one is the way you have been using it in terms of consumer protection.

the other is the conception of consumers -- without going into a huge amount of detail, that is an attitude which university administrators often ascribed to students, but it is a conception of students which actually erodes among administrators in the '70s. it was in response to the creation of pell grants and how students actually got power to determine how the money got spent. the conception of the student from that perspective is intended to reduce the student's role in actually running the university. think we framed as are these schools for profit or nonprofit. students don't have access to enough information about how

they are bringing their resin day -- there resume -- >> the student government in my campus -- we have been doing all lot of work with our director of the african-american research center got fired. the student affairs vice president was also laid off because of budget cuts. we wanted to see why you are laying these people off. why are sciences and a physical education and getting merged together? they were ready or weren't acceptable to us and they were not reader friendly. we had a meeting with one of the auditors in that space and the reporter was 171 pages long.

it was a bunch of numbers that were not detailed or explained. when students are saying -- when people are requesting and students come up with a solution, it's hard when we don't have what we need to come up with the is solutions. all we have to do is just say i don't know the answer. it is their job to come up with these solutions. we have had the discourse back and forth and the administration calling us kids -- that needs to change. we're trying to empower the student voice and we need to stop calling us kids and take us -- so we can come to the table with those solutions.

>> thank you for putting this on and for the report that will be very useful for us. higher education policy becomes very concrete in the classroom and has a big role as a dozen students and college faculty members and educators seabed the policy has on students. i was going to ask what role do you see college educators have to put their voice out there and encourage the student activism? >> there was a group that formed that touched on that some of these issues like cost. the biggest advantage we had at that group was the head of the faculty senate talking to us and they had representation from

the workers' union. it was interesting to have them in a room talking about tuition and a budget cuts at the same time. they realized it affects students and they are very aware of what happens on campus. my experience is that it is not happening at all and our students could do a better job to have more of a unified front and a lot of things that affect the entirety of the campus. students and faculty and unions have their issues but there are a lot of things that across those boundaries. it was cool for me as a student to be sitting across from the head of the faculty senate to talk about what we should be doing. it was really great. >> we have had educators who have been a great allies. a lot of overarching bing's students are developing because

they have their own set of issues because they are getting cuts and different resources they are able to teach their students -- please allow the students to do class wraps. that is -- we go to the classrooms and try to do commercials before the class starts to invite students to come and if we have a good relationship -- it also lets us know about meetings -- i had some incredible professors -- the day -- when did they get let go. i will give you my time so you are able to articulate that -- students have been working

closely and supporting activism when that happens. allowing students to be educated on what things are taking place -- some professors don't like to talk about student activism in the class. we're talking about history and what happened with ronald reagan. educators and students and working closely together can play a bigger role. >> very briefly, looking at the way this story has developed in the last couple of weeks, two of the crucial turning points -- being on the receiving end of police violence and being a videotaped so that it was not

just students getting beat up -- this was a tenured faculty member dragged by her hair to the ground and brutalized by police. after the incident on friday, the first detailed report came from and untenured faculty member who described what happened in extremely graphic and powerful terms. that kind of advocacy for students engaging in direct action is something we have rarely seen in the last years. faculty -- i am a faculty member and love a signing petitions as much as the next guy does, but that is what everyone is expecting us to do, to sign petitions and faculty actually being involved and present, not necessarily to get

beat up, but to observe what is going on in these protests can have a very powerful up in -- very powerful effect. >> i want to come back to this idea of systemic issues in higher education. the state of washington introduced it was making an open course library available for a good 45% of their gateway courses across the system which would reduce the average costs by close to 400% for students. i'm wondering how student organizations -- how do you scale that? there are things like

competency-based education and on-line programs -- uc the technology improves to the point where you can radically reduce the cost of delivering a course. how do you deal with issues where it requires less faculty? the faculty may not be that supportive. these are key issues that radically reduce the cost of delivering higher education. how do you deal with those issues? >> i want to talk about reducing -- my personal stance on online courses on -- i think it does away with the life experience we're talking about trying to give students the accessibility or skills they need to join in to a democratic society and i think the class's

don't do that. it takes away the experience of being able to come to a professor for help -- a lot of the internships come from professors and i think it is great to lower the cost of education if we take -- i don't think it does a good job of keeping their quality of higher education. that is how i would view that issue. >> something that actually does maintain quality is affordable textbooks. the average student pays $1,137 a year on textbooks. that's about the cost of a meal plan, which is the best

comparison i have heard so far. it is a huge financial burden to your education. you are paying living costs and adding the textbook costs on top of that is huge. one of the biggest things you can do is adopt open source text books online. it is a growing field. professors are not aware these are available. compiling data, having meetings with the department chairs about textbook used in class's and getting them to adopt these open source books. if 200 students are taking a class and the book cost $100, that is $200,000 for the whole class. if the professor adopts an open source book, they're saving their students to hundred thousand dollars. it is really that simple.

there are a limited number available but we would like to see more. it would reduce significant costs, said taxpayers, that is less money students will need for tax book costs if these are available on-line. if you -- they are able to be customized. that is a way of the future i would love to see more of. students i have taking class's and leave maryland love the idea of having their textbooks on line. you can get it printed for the cost of printing. you just need the information and you can have it printed and it saves so much money. on that educator side -- why are

textbooks so expensive? >> we are about at a time. thank you very much to our panel for being here. [applause] thank you to the audience. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2011] >> there was a flood in fort wayne. people were filling sandbags trying to keep the river -- air

force one that stops and they have a motorcade down to the flooded area. my memory is he filled a three sandbags and said hello to everyone. that night, what was filled with the airwaves was not three sandbags but reagan and filling sandbags with his shirt off. >> sam donaldson, andrea mitchell, and former senator chris dodd talk about the legacy of ronald reagan. astronaut john glenn, neil armstrong, and michael collins are awarded the congressional gold medal. for the entire schedule, go to c-span.org. >> in the name of the greatest people that have ever trod this earth, i draw the line in the dust and tossed the got lows -- possibly a gauntlet before the

tree -- before the season at terni. i say segregation now, segregation tomorrow, and segregation forever. >> george wallace was an ardent supporter of of -- supporter of segregation. he ran for president four times and lost. one of those efforts was cut short by an assassination attempt. this week, george wallace from the governor's mansion in montgomery alabama on c-span. >> from the miami book fair international last weekend. >> miami was center stage in the bay of pigs. it is where the cia came to recruit cuban exiles who participated in the invasion of cuba. after castro came to power, many people who did not like him very much fled cuba. where they fled to was mainly right here in miami.

>> the above election of the first black president was a landmark that shows there has been tremendous change in american racial attitudes. had there not been that change, he would have had no hope of prevailing. >> in the presidential debate, it is critical -- it's hard to relax but you have to be calm enough so you can make a split second decision. do i move on? what do i do now? >> watched the coverage from miami on line at the c-span the video library. >> of the group project go paint hosted a conservative opponents conference in maryland. speakers included female members of congress and the wives of presidential candidates nuking

rich and rick perry. this is just over two hours. >> this is something that is a work in progress. i'm president of the national foundation of republican women. one of the cool things i think has happened during my term is the fact that we have reached out to like-minded groups and when we met in new orleans, we talked with sharon and ruth to see what we could put together

to collaborate and help educate women who might be interested in running for office and sharing some of the strengths we have in our different organizations. i was delighted when this came to fruition in the date was set and we were able to market it to our membership. yesterday was just the beginning of what i hope is a long-term relationship. i am the president of the national federation of republican women but my term expires at the end of this year. i would like to introduce our incoming president from arizona who will be at the helm for the next two years. i hope that relationship continues with go pink. i would also like to introduce

some of the other members who are here as part of the executive committee. they have given me the strength and determination to step it up to more visibility. if you would just hold your applause, i will introduce pat parker and then we have our president from a south carolina and coming in as third vice president. she was one of our members at large several years ago but is back and involved with the palladium view that did our convention. a couple of other state presidents are here -- the pride

of arizona with jan brewer. we also have our membership chairman and the membership growth has been substantial. we have added 113 new clubs in two years. we had an increase in membership in 33 states. that is wonderful news i would like to share. one of our committee shares is here. she is a veteran and i think we should give her a round of applause for service to our country. [applause] i would also like to acknowledge the national republican committee women who have partnered with us but are also a

part of us who are here -- my mentor from a wisconsin, are you in the room? from washington state -- these are some of the names of people who have worked together to help us grow and become 77,000 strong plus membership that we have. it is great to see all of our members supporting like-minded

groups as we move forward into the 2012 elections cycle. it has been my honor to serve as the national president. you will see more of me today. i get to introduce more of a possible first lady said in 2012, we will win the white house. again, thank you for coming and -- valerie is here. thank you for the opportunity to serve and collaborate. god bless you and god bless the united states of america.

>> good morning. as a small-business owner, a former educator and a registered nurse, dianne black brings a unique perspective to her work in washington. she was elected to represent tennessee's sixth district and currently serves on the budget committee as part of the subcommittee for oversight. she serves on the house ways and means committee as part of the subcommittee for human- resources. [applause] >> is great to be here this morning. i understand you had a great night and maybe it is all light on the number of people who were able to make it this morning. it is wonderful to be here with polity. in order for me to understand

more about who you are, and going to ask you to participate in a little exercise. about whethersk you fall into this particular category, and if you do, i want you to raise your hand and say that's me. i want to know, if you are a wife. if you are a mother. all right. how about if you are a grandmother. how many of view may be a nurse? how many have you may be teachers? let me go a different direction -- how many of you like to fish?

how many have you have started a small business? how many of you have ever jumped out of an airplane? the reason why i do that is what i just ask q. is me. all of those things i just asked if you have done, that is what i have done. i know this gathering is to help you get some techniques and tools to help you to know how you might better effect either working in someone's campaign or being a candidate. i want to talk about how i got to where i am today and to show year you are no different than who i am or some of these other

interesting all ladies who will follow me today because some of my female colleagues elected this time in to congress are such exciting people and we have such varied backgrounds. but let me talk about how i got into this crazy field of being an elected official. i am a nurse, a mother, a wife and grandmother. i was very active in my community in many of those areas because of loving health-care and having been in nursing for so long. i was on the board of the american cancer society and began a chapter in my own town. i was on the board of the american heart association. i had never asked if you asked before -- if you built a house with habitat of humanity. by was the vice chairman of the habitat for humanity chapter in

my a little town and have built 12 houses. i was busy in my community is doing what i always wanted to do from the time i was 4 years old. i was minding my own business and enjoying the heck out of my life raising my three children with my wonderful husband. a friend of mine i had helped in several campaigns and to have been my state representative for 10 years came to me and said i just found out cindy is pregnant with twins. he had a toiles year-old. god has sent us a blessing in. i have been in the legislature for 10 years and i don't want to do that with my twins. i think you ought to take my seat and i said i think you are crazy. not only was he a good friend,

but we shared another commonality. we are both very face based and felt the lord had called us in different directions. he said i have been praying about this and the lord says it you are the one who should replace me. as months went by, he continued to tell people in the community they needed to encourage me to run. when i told my husband, he thought i was crazy. after a lot of prayerful consideration, we decided to put my name on the ballot. i have i was running against was someone whose family had been in the community since the late 1800's and i had only been there for 12 years. in tennessee, you are not native

until you can say my family worked in the 1800's and then you are a native. wheat decided we wriggling to have a grass-roots campaign and work hard and let people know i could do the job by golly. we saw our numbers continue to go up and up and up. the night of the election, we won by 62%. thank you. what a blessing that was. i use the word we because it was not just me. we had a grassroots campaign. one of the most fun thing was i love to knock on doors. i love to meet new people and the doors are opening and people are going you took care of my father in the emergency room. you took care of my son. you took care of my daughter. but the most interesting one

was a little girl a about four years old. her mother came running into the emergency room covered with blood. a dog had attacked her and we were unsure whether her face was damaged. she was very smart and put her hands on her face and he only a sculptor. i said of my 4-year-old were in here being sutured, i would not want to have her lay face down for an hour while she was being stitched. i laid on a stretcher with her face next to mine and i talked to her the entire time we were doing the procedure. that little girl came to me and said i know you. i said i'm not sure i know you. she said i would know your voice

anywhere. she's i -- she said it you whispered in my ear while i was being taken care of. what a blessing that was to run a campaign and have so many people i cared for. that is what got me there. i ran for that office and served for six years, a minority in the house of representatives. it was a tough time. i decided to run against the speaker pro tem in the senate. i did not have much of a chance but this time i did not know that because a poll was done and they did not tell me what the poll was. i did not ask what the number was. i just went about my business, doing what i had done before and we beat the speaker pro tem. we brought the majority to the set for the first time in 158

years. what a dream come true for all of us. i served for two years in the senate before i ran for leadership. i was the first female in tennessee to serve as caucus chairman. you might say how did that happen because you had 19 members and 1600 or mail. i had an opponent who is male and serve longer than i had but by a male colleagues saw that i could lead and they elected me and what an honor that was. i say all of these things to you to encourage you because i think women have something that is very natural that puts us in a position of being great elected officials. first of all, we are very organized. i don't know many men that are as organized. i do know a couple of men who are before the most part, men

are not that organized. and women are much better at organizing. women are all so what we call gatherers. i don't know if you have seen the comedian that talks about the prime difference between men and women. there are pointers and there are shooters and they say when they go shopping with you when you want a pink blouse and they see the first one in satiated and take home. women say we have to look at five different stores and make sure it is the right one because we gather. we are very good about gathering all of the information and make sure that when we make a decision we have gathered all the information that is needed to make a decision. that's one of the prime difference is i see as i work with males as i did in the state and here again in the congress is that we are very good about gathering information and trying to make a very good decision. we are organizational, good at

gathering and we are also passionate. women are as sarah palin says, we are mama grizzlies and passionate about taking care of our children and husbands. i have six beautiful grandchildren that callsme meme. i touched them as soon as they were born and i whispered to them that you will love your meme the most. i believe we need a smaller government and need less debt. i believe we need to leave this country in good shape for the future of our children and grandchildren. we know what the goal is and know what the mission is and we have the energy and passion and organizational skills and we, as

they say in tennessee, we get your done. that is why women make such good candidates and great elected officials. there is no one in this room that couldn't do just that. i encourage you if someone says no, you can't do it, you only have a 20% chance, don't let that stop you. if you have it in your gut and i tell these women, if you have the passion and fire in your belly, and do it and you will be successful. thank you for what you do, whether you decide to run for office or decide to keep your home fires going and make sure you raise a family that knows about hard work and conservative principles or what ever it is you do, follow that passion in your gut and if you are called, be sure to rise and answer the call. thank you for having me today. [applause]

>> i want to talk to you about the perfect candidate. i want to let you know she is right in that community. we found the perfect candidate in south dakota she was right in our community, active, a leader.

she had no idea congress would be on her plate and later on. then reality happens -- a tragic accident and she had to go home and run the family business. those are the things that train as and train our candidates to be the perfect candidate. she represents the whole state of south dakota. there are only two other states with a larger district. it's not because of people, it's because of miles. she spends her time back and forth every weekend with family and sometimes family out here. dealing with every single small

towns that one just a little piece of congresswoman. welcome to her. [applause] >> thank you for having me today. i'm thrilled for being here. they told me i was one of the first one this morning so i needed to wake you up. i'm not going to do a dance for you. why i ran for congress at what motivates me. i am blessed to have my oldest daughter.

she is 17 and a senior. she wants to be an orthodontist. i have to other kids. kennedy is my other daughter. thank you for coming out. i tell her i would make her talk but not today. it is so good to be here. this hotel complexes special to me. what i was sworn in out here, my family day here. my family is pretty large. i was the third of four children and my husband was the metal child. when we do stuff we do it together. we had to be here earlier but the rest of my family decided they would drive because it would be cheaper.

they decided they would load up the mess family truck stirs. we came to meet them and greet them. when they pulled up to the front of the hotel. they pulled up with all of the vehicle with the trailer and everything. they started to unload. as they were unloading, we were standing there and everyone has opened up the trailer and they are carrying in a bunch of rubbermaid tubs. i said to my sister what is up with the rubbermaid tubs? she said we just decided it would be easier.

i said you came to washington d.c. and you packed rubbermaid tubs? she said it just made sense and i thought that's a perfect story about south dakota people. look at this fancy hotel they pull up in and then we have my family who unloads and start carrying in rubbermaid tubs and that is what they packed in for luggage, said talk about common sense. [applause] i shook my head and laughed and got that's the kind of people we need in washington d.c. making decisions. where we don't worry about being the best, being the person who looks the best, but the person who gets the job done and does it away that it needs to be done because it is just common sense from the time i was little cause all i wanted to do was farm with

my dad. he was a cowboy. we had a large operation, a big ranch. when i was in college, he was killed in an accident on our farm. my sister was living in georgia. it was left up to me to come over and take over the operation. one of the things that opened my eyes to government and politics was right away we were hit with the state taxes. you may have equity in a planned or machinery or equipment -- equity or her land. you had -- we had to make the decision of the five wanted to sell land to pay the government estate taxes are due out want to pay a loan to take off? my dad taught me like any good

farm girl that you don't sell land because god is not making any more land. it took me 10 years to pay as estate taxes. i thought this is something that makes me think about government and its role in people's lives and what we do to help or harm businesses and what can we do to bring more common sense to that area of our lives. i started to get involved local liana i ran for the state legislature in 2006 for much the same reasons. when i had cassidy, when you go to baby showers, we had the baby shower and my grandmother came. a lot of you have gone to a baby shower and they go round the room and say give the a mother some advice for this child. teller's something that will be helpful. you guys have done this before,

haven't you? my grandmother got to her and said to me i will never forget it, she said say yes as much as he possibly can because so many times as a mother, you have to say no. i thought about that a lot and i thought about a million times and i thought that is so true with our lives. we have opportunities in front of us and we have jobs that need to be done or a role that needs to be filled and we all come up with reasons why we shouldn't be the one to do it or why that doesn't work into our lives right now. from that point on, i decided when i see things in my life i would say why wouldn't i do that and if i can i'm going to say yes. we had an opening and we needed somebody who understood business. i had been running the farm and ranch and my mom right after my dad passed away, she bought a

restaurant because she thought it would be a lot of fun. i don't know if any of you have run a restaurant before but it's a lot of work. after about six months, she asked me to come up there and help her and i manager books and employees as well and that was certainly one of the businesses that wasn't -- and i wasn't the most fond of. i also through that whole process of running businesses realize that so many times in our lives we shouldn't the people who automatically think of no. we should be people who automatically think of yes. as you leave here today, i know many of you are involved in the political process and maybe think about running for office some day, i would tell you say yes as much as you possibly can because our country needs you. our country needs you, our young women need u.s. role model and we need you because you're used to juggling 20 things at one time to come forward and get things accomplished because we

have a lot to do. i would leave you with one little spot. as i jumped into our race and iran for the state legislature and won within two years i decided to run for leadership. the reason i ran for the assistant majority leader position was simply because i did not like being on the outside over the decisions are made. i wanted to be as effective as i possibly could wherever i was going to be i ran to be the assistant associate leader and served there for two years and when we decided to make the decision to run for congress it was because of a lot of people talking to us and even mary jane talked about 20 years ago i never thought i would be in congress three years ago i would never thought i would be in congress. it was really -- when you see people that are representing your state or when you see people that aren't working and

are voting have people wanting to, it is up to us to make sure that we fix it. we should be fixers and doers and that's what i decided that the end of the day if i could give the south the good people there voice back and if i could give them some back in washington d.c. that was willing to listen to them and to do the work that needed to be done to address the problems we're facing in this country then why wouldn't i do that? maybe that was another situation where i could say yes. i will leave you with one final thought. we have a very tough race for congress but i want to tell you a little story that someone used as an example with me about a year ago. how many of you have got into your vehicles before and have started driving down the road and you're vehicles just not working right and you don't understand it. a car for me is that pick up that may be a lot of you drive cars. it drives kind of jerky and it stiff and not turning right and you are frustrated and can't figure out what is wrong with your car and then all of the

sudden you realize that you have your emergency brake on. how many of you have done that? i have done that. just once and then that never happens again. our lives are very much like that. when you pull the emergency brake off, all of the seven aren't you amazed at how good your car drives? it's amazing this car works beautiful. you are surprised how well it can turn. our lives are so much like that but our emergency brakes can be totally different. it could be an insecurity we have battled our entire life. it could be speaking in front of people or walking in front room of strangers and you're not sure he can talk to first or you don't always view yourself as the most social person or you don't see yourself as a leader. i will tell you all of those things are the emergency brakes and our lives that keep things flowing as smoothly as they should be and if we would just

let those go and put those behind us, we would be able to have smooth sailing and truly accomplish everything god has for us and our lives. i truly believe what holds back in life is not a gift we have the best or the gifts we don't have it is the fact we let all our hangups told us back. as you go for it and you get involved and you work with each organization or even if you choose to run for public office, just no that we truly do dq, that this country does need you and you can do anything if you will say yes and take the emergency brake off. thank you for having me today. i sure appreciate it. [applause] >> was elected to represent

wyoming in 2008. she served 14 years in the wyoming house and senate. she currently serves on house appropriations committee as part of the subcommittee on agriculture, interior and environment and also on the subcommittee on labor, health and human services and education. [applause] >> thank you and good morning. you have heard from two outstanding freshmen members of the u.s. house. we welcome them as part of the 87 member republican freshman class and they're making a huge difference in the u.s. house of representatives. when i was first elected to congress, it was during the era when the republicans were in the minority and we learned that

when you allow people to believe in big government and big spending to run the government, it will grow so much faster than our ability to pay off the debt that they are running up that it became imperative that we have more republicans in the house, that we take over the majority in the house and that we bring in and restore some fiscal sanity that now has to be done in the u.s. senate. so i look to you to say support people who are running for reelection, especially women who are running for reelection to the house and please help elect a republican majority to the u.s. senate in addition to a republican president. for nothing and no election in my lifetime is more important than the one coming up. we always say that as you know,

but this time nothing could be truer and here is why. the united states last week had its national debt pass its national output. the gdp of the united states has now been surpassed by the national debt. if that were your house, that would be the way of saying our loan is under water. with our loan under water, we need people who know how to stop spending and believe me we need more republicans who know how to stop spending, not just democrats that know how to stop spending. [applause] do you know what the largest

emerging market economy in the world this? -- in the world is? some would say china. hong kong. it is the american woman. [applause] american women are the largest emerging market economy in the world according to the author of "influence -- how women's soaring economic power will transform our world for the better." women today are responsible for 83% of all consumer purchases, including 53% of stock-market investments. 62% of new car purchases and 55% of all consumer electronics to name a few.

women control about $23 million and consume their spending and that could climb as well as 23 trillion in the next five years. what's the tie between our emerging economic power and the need for our emerging political power, especially as republican women and conservative women? they go hand in hand. since the united states debt is over $15 trillion at very low interest rates, as soon as the interest rates go up, interest payment on the national debt will crowd out all other spending, including the ability of the private market economy to adjust. american women are the private market economy. here is what we have to do in

business and in politics. we have, drawing each other from the worker bees in an organization to the top of the organization. you do that by identifying your women colleagues, whether it's in a political group or in a club or organization or in your place of business and you put that woman in a higher area of visibility you nurture her talents and give her responsibility, mentor her. mentoring is sending men do well by design. do well by design. women do it so slowly that they do not even recognize it. in the business place, we are not as apt to consciously pick a woman who we work with, who we recognize as truly talented, and give that woman an

opportunity to grow her talents, to become more visible, to gain a position that turns them into a in black or a christine noem, or even a condoleezza price. -- reis. -- rice. women frequently are so busy nurturing the entire organization or, as a previous speaker said, gathering from among the organization that they are not looking at pinpointing and mentoring and developing that leader in them. we have to do better at that because women leaders like you just had on the stage are truly significant in the u.s. commerce -- congress in terms of forcing fiscal discipline -- u.s. congress by enforcing fiscal discipline on people who are not accustomed to adjusting to fiscal discipline, and i mean

republicans and democrats. there are many republicans in this congress who have become so accustomed to an appropriations committee dominated by big spending democrats and moderate republicans that the culture of the appropriations committee over the last 50 years has become a culture of spending, not a culture of savings. i have read a book called "the power of perks" which is a history of the appropriations committee in the u.s. house. pre-1965, before the lbj presidency, the appropriations committee, democrats and republicans, were these types -- these tight fisted leaders and protectors of the american taxpayer dollars. they took enormous pride in making sure that taxpayer dollars were handed out sparingly, appropriately, and

not spent on programs that we could not afford. that culture changed during the lbj era when the great society began to expand the scope and the role of the federal government. the desire for a bigger more intrusive federal government, greater regulation at the federal level, brought about an era of -- an era where democrats but their most liberal members on the appropriations committee and republicans put their most moderate people on the appropriations committee. the culture has come full pendulum in the last 50 years to the point where it now must swing back.

some of the freshmen that you helped elect in this last congress are helping swing it backed, but it is painful. of course, the people in leadership positions within the appropriations committee are by and large it those who came up through the ranks over the years of that culture of spending and now trying to recourse the ship into a culture of savings and cutting is causing tremendous turmoil within the congress. we need more. we need to be at the point in 50 years when i am no longer around, when most of us in this room are no longer around, that

our children and grandchildren are saying it is time for the pendulum to swing again, that we have gotten our fiscal house in order, that we have right sized these run rate -- runaway entitlement programs, that are spending is appropriate for our gdp, that we are spending enough on those constitutional duties that the founding fathers enumerated and that we are spending less at the federal level, and trusting our states, our governor, and our state legislators to do what is ripe for their citizens within their states in the -- what is right for their citizens within their states in the context of that. that is what we the to do. -- need to do. we need to return power to the states because the government more efficiently, they know about the local nuances that make it appropriate for them to make spending decisions. women recognize that. i will close by telling you this -- i was in the wyoming legislature for 15 years.

there were not many women in the wyoming legislature. but we had a chief clark that had been watching legislators for years. one time he was asked, what is the difference between men and women in the legislature? is there anything that transcends party and that seems to be more consistent with gender among legislators? he, without hesitation, said, "absolutely. women look farther down the road. men seem to be talking and it looking to the next election more often than women. women are looking to how their children's lives will be, their

grandchildren's life will project lies will be, and what they can do now to shape a better pitcher." we all know that through polling, more people believe that america's best years are behind us and that we may hand to our children a lesser american -- america than we inherited from our parents. we cannot allow that to happen. women need to assert themselves in the strongest of zero ways to make sure that our children inherit a better america. we must do it by imposing fiscal discipline. restoring the founding fathers' vision for our country, having great states as incubators of great ideas, and allowing that to happen in a way that keeps

the federal government to the greatest extent possible in a strong, but limited role, and our states will flower. our economy will prosper. our people will take charge, and america will be better for it. thank you is very much for your role. [applause] >> my memory is that he filled three sandbags. that night, what i remember is reagan filling sandbags with his shirt off. >> thanksgiving night, the legacy of ronald reagan.

michael bloomberg and ariane a huffington discuss the american dream and opportunities in the u.s.. and astronauts are awarded the congressional gold medal. for the entire thanksgiving day schedule, go to c-span.org. >> now, more from the go pink conference. >> i have the honor of introducing the next speaker. it is always comfortable to introduce a woman who is raising a family with two kids and a husband in politics. i met dale huff earlier this year when we held an event for her husband, governor scott brown, who is doing a good job of representing the people in massachusetts. when senator brown came to washington, not only did the

senate get better, so did our local broadcast mood. -- news. gayle mood from the abc affiliate in washington to the one in washington, d.c. it is a significant part of her life. she does it with tremendous grace and a whole lot of style. as they say in broadcasting, when we have a story and we have a reporter, we are going to throw it to her please give a warm welcome to gail huff. [applause] >> good morning. thank you for that very kind introduction. for those of you who do not know me, and i am short many of you -- sure many of you here from all over the country -- how many here from outside of the d.c. area? almost everyone. that pretty much explains that. welcome to my second and sort of a newly adopted home, washington, d.c. there are so many wonderful things to do here.

i hope you are enjoying some of the wonderful things that -- that our nation's capital has to offer. as i was thinking about what i wanted to share with you, i thought about the mission of this organization -- motivating, mentoring, and mobilizing women to have the courage and encourage them to get into public service and politics. it struck me that many of you probably feel that you are constantly faced with choices, like being a series of choices. does it limit your dreams of having to make choices, whether it is career, family, public service, private life, ambition -- it seems especially as women that we are constantly being asked to make those decisions. one thing i hope you take away prompt today and remember is -- from today and remember is that

you do not have to choose as long as you keep true to your core priorities and you allow for change -- a lot of change. i found out the more you embrace your core priorities, the more you can do and the more you get out of life. i am. to share a little bit about my background. my husband, senator scott brown from massachusetts, and i met 27 years ago. we just celebrated our 20th wedding anniversary in july. i was in graduate school learned to be a news reporter when we first met. i wanted to travel around the world and tell people's stories. scott was in law school. he wanted to become a lawyer so he could help good people who found themselves in bad situations, as he would say, something he do a lot about having been arrested at age 12 for stealing at a department store. it is one of many stories outlined in his book, "against all odds." after a lot of hard work, we

created an ideal family situation in boston, scott being a lawyer and a state senator, beat -- me being a reporter or the local abc television station. two daughters. one just graduated from college. life is really great right now. i really feel settled. you know how important it is to have that feeling that everything is right right now. in 2009, scott came home and said, "honey, i am thinking about running with the u.s. senate." it was shocking. needless to say, when he won, it involved a change and a lot of change. with that change, scott and i had choices to make. he was going to be spending a lot of time in washington and i could join him or i could keep working at my reporter job in boston. first this seemed like a very difficult choice to make. do i support my cousin in his career at the expense of mine, or do i prioritize my career,

stay in boston, and see him on weekends? most senate spouses do not move to washington, d.c., and this surprised me because i figured if i move to washington, d.c. i would see all of the other senate spouses, but guess what. most of them end up staying home in their states, in their districts. but after more than 20 years with scott, i could not imagine not seeing him on a day-to-day basis and going weeks at a time without seeing each other. on the other hand, i had been at the abc television station for almost two decades. prior to the u.s. senate election, i was arguably the better known of the two of us in the household that you do not count our daughter who was on "american idol," who was far better known than mom or dad. there were two core priorities i felt i could not give up --

supporting my husband and continuing my job as a journalist. when i realized that my professional career was not tied to where i lived, the choice became a lot more clear. i was very fortunate. i was able to get a job at the abc station here in washington, d.c., where i now at work as a reporter for wjla, channel 7. i wanted to keep my identity as gail huff, the journalist, but i also wanted to be mrs. scott brown. i wanted the experiences that came with that like going to the white house for the congressional picnic. that was an opportunity i did not want to miss out on. like many of you, we are also a two-income family and i like making my own money. i did not like to explain to scott why i needed eight 60th pair of shoes.

you know how that is. it might have been a lot easier to keep my job in boston, but not embracing the opportunity to make a change would have meant sacrificing a core priority, and that was supporting scott. being here meant that i got his support as well. there are challenges, like scheduling opportunities. this thanksgiving, for instance, i will be working. i have been at the station for a little over a year, so i am very low on the totem pole. scott and the girls will be going to some of the shelters, helping to deliver and serb -- served food, and help those who need it far more than i do. life is not simple. after today, i will go to the airport, flight to boston, take the subway to pick up my car, and then drive an hour to get home. i will cook and clean for our extended family to come for our daughter's 21st per party.

-- birthday party. we did not get a chance to spend it with part because she is at -- with her because she is that syracuse and we are here in d.c. we ended up missing out on those types of things. it has been very stressful to try and balance his career and my career and our family life. but for scott and me, it has been the greatest honor in the world to be able to help other people and to serve our country. i understand that saying yes to a job that puts you in the public spotlight is very difficult. you give up so much. privacy and family life -- those are the losses i feel the most. but i do think that the gains outweigh the losses. you are a part of something so much bigger than yourself. it gives you the strength to keep fighting harder and harder. at the end of the day, what is most important to me and you is following your core priorities, serving the public, supporting

each other, and being there for our daughters and our extended family. those are the things that make us who we are. if you can find your core priorities, you will be amazed at how much you really can accomplish and how rewarding public service really is. my daughter, who now lives in nashville and sings country- western -- in fact, she writes her own music now -- she wrote a song that sums it up -- "go get it." i leave you today with that message. go get it. believe in yourself, lead in the country, believe in what you can do to make a difference. thank you. [applause]

>> now it is my honor to introduce to you kolstad-- calista gingrich, who is the president of the gingrich production, a multimedia production company based in washington, d.c. calista and her husband produced a historical public policy documentary. she will be talking about those shortly. she is also an author of a children's book about american exceptional wasn't entitled "the -- conceptualism -- ism entitled, "of the sweet land of liberty featuring ellis the elephant." after she speaks, she will be

signing books in the lobby. prior to callista joining the gingrich productions, she served as chief clerk for the house committee on agriculture in washington, d.c. prior to that, she was a staff assistant. i got to know her a little bit better during her term as a staff assistant on the hill. i am excited that she is able to be with us here today to talk to you about what she has done as a woman in politics. let's give her a warm welcome here at go pink. [applause] >> thank you for that kind introduction and warm welcome. i would like to think project go pink for the opportunity to be with you this morning. i appreciate the contributions that each of you make to mobilize, support, and elect republican women across our

country. your continued support for conservative policy and strategy are necessary to ensure that our nation remains a beacon of freedom for future generations. as you probably know, my husband is a republican candidate for president of the united states [applause] -- president of the united states. [applause] the last few weeks have been very exciting for our campaign. one of the best things about a presidential campaign is the chance to meet so many wonderful people across america and to learn about their concerns and hopes for our future. newt and i are determined to run a positive, issue-oriented, and solution-based campaign. we know and think of the other republican candidates as friends. many of us have bonded along

the campaign trail as we go through similar, life-changing experiences. we are all in this together and believe that what we are doing is in the best interest of our country. our only opponent is barack obama and we are committed to removing him from the white house. [applause] over the last few months, the poles have been wild. in june and july, we were told that our campaign was dead. that was hard. recent polls reflect that he is surging ahead. this is better than being dead. [laughter] newt and i are engaged in this race because we believe america is at a crossroads and cared deeply about the future of our country. we believe that america is an exceptional nation and must remain so. today, i would like to share with you why i believe our understanding of american

exceptional lissome and american history will be a pivotal factor in determining the direction and the survival of our nation as we know it. over the past several years, we have had the privilege of working on several documentary films and books, exploring various events and individuals in american history that have helped make america an exceptional nation. throughout the course of our work, it has become increasingly obvious to me that america is facing an identity crisis unlike anything we have ever faced before. this crisis is most evident among our youth who are being taught that pride in our national heritage is inappropriate and that there is nothing uniquely special about being an american or about the values and principles upon which our country has been built. we are currently in a great debate over whether america is an exceptional nation or whether we are just another

country. it is up to bust to decide which version of america our children -- it is up to us to decide which version of america our children will believe in. over 20 years ago in his farewell address, president ronald reagan called upon america to return to, what he called, and and formed patriotism, warning that those -- and in formed patriotism, warning that those who are not sure that an appreciation of america is the right thing to teach children. president reagan understood what was at stake and that it is not simply an academic or abstract debate. our understanding and appreciation of what we are as a nation determines our policies, our values, and whether or not we teach our children that we are a special nation. as for me, everything i know about the history of our country and our core values has led me to believe that we are

an exceptional nation and people. growing up in wisconsin, an all-american, midwestern town, it was impossible not to be instilled with a sense of patriotism. at sunset elementary, we said the pledge of allegiance each morning and then sang a patriotic song. in junior high and high school, my band and choir celebrated national holidays by singing and playing patriotic music. as a girl scout, i truly believed in our pledge to serve god and our country. in fact, today, i find myself living out that pledge in ways i could have never imagined back at sunset elementary. as a young person, i was surrounded by people who believed in the greatness of america and were unapologetic about those beliefs. contrast this with today.

when a majority of eighth graders cannot explain the meaning of the declaration of independence and 95% of high- school seniors cannot explain how the three branches of government are meant to interact. it goes without saying that most high school students graduate without ever coming to appreciate what makes america unique. the united states was the first nation to be founded in 8 -- an act of rebellion against a colonial power. it was the first nation to be established on the premise that the rights of man are inherent and that government tries -- derives its power and the consent of the people. it was the first nation to be based on a separation of powers and to recognize that the existence of the state is solely to secure the rights of the people. finally, it was the first nation to affirm all of this in a publicly debated and democratically accepted constitution.

all of these pings make america -- things make america a unique, but, in fact, as i become more involved in studying our history, i realize that american exceptionalism is rooted in something even more fundamental. five years ago, we made a documentary film entitled "we -- re- discovering god in america." it has a walking tour of washington from the national archives to arlington national cemetery. at the national archives, the first recorded the -- the -- the source of american exceptional the sum is displayed in a single document. declaration of independence. the key in this document is our founding fathers' assertion

that we hold these truths to be self evident that all men are created equal and that we are endowed by our creator with unalienable rights among which are life, liberty, and the pursuit of happiness. it is this assertion that our rights come from god that makes america truly exceptional. we are the only country in history to assert that each of us personally receives our rights from god, not from bureaucrats, politicians, or judges, but from god. this means that each of us is personally sovereign. this is why our constitution begins "we the people." we the people loan power to the government. government never loans power to us. [applause] this unique endowment by our creator is why americans are citizens while other governments often treat their people as subjects.

in many countries, the government and political bosses rain. here in america, the people reign. because our founders understood that freedom was based -- and no government could come between god and man. art form of government was grown in the rule of law, structured to recognize and protect the dignity and value of every individual these protections have allowed patriotism, individualism, an entrepreneur ship to thrive here in america as they have nowhere else on earth. because our founders rejected the notion that government had unlimited power over individuals, property rights were protected in the constitution to a degree they had never been protected before. the founding fathers even wrote a patent office into the constitution to protect the intellectual property of

inventors, giving americans the ability and incentive to create, invent, and realize a better future. there are a number of american inventors who personify the spirit of innovation and belief in progress. benjamin franklin invented the lichen -- lightning rod and bifocal glasses. a few years later, robert fulton invented the steam boat. samuel morse, the telegraph. thomas edison gave us the electric light and phonograph. henry ford invented mass produced, affordable automobiles. and the wright brothers discovered how to fly. all of these inventors illustrate the very best of the american experience, of hope, opportunity, and ought to ignore -- and entrepreneurship. they follow their dreams without bothering to ask the government for money,

permission, or approval. in doing so, they changed the lives of every person in this room who has ever turned on a light, watched a movie, or flown in an airplane. they demonstrated that success is truly possible when a nation unleashes its god-given creativity. modern inventors, like bill gates of microsoft and the late steve jobs of apple, are part of this long tradition of creativity and innovation. our lives have been changed again and again by pioneers and inventors. now, for a moment, forget about history. forget about the existence of the declaration and the constitution. forget heroes like jefferson, franklin, martin luther king jr., and john f. kennedy, who testified to america's uniqueness.

forget the fact that we are all children of immigrants. among academic elites, the claim that america is an exceptional nation is viewed with skepticism and even scorn. they apologized for the way in which america does not look like other nations. for such elites, the word exceptionalism is criticism, not raise. -- praise. a myth that has no place in a globalized, multi-cultural society. nothing pinpoints you as a conservative more than promoting and believing in american exceptionalism. as i became concerned about losing side about what makes america truly exceptional, i decided to write a book entitled "sweet land of liberty."

my goal was to highlight the wonderful achievements of our country, to realize a love for america, and to communicate why america is a special nation. to do this, i knew i needed a unique character to capture the interest of young children, to guide them to the declining -- through the defining moments of our nation's history. i considered many animals including bunnies, giraffes, and hippos. i must confess i did not consider a balky. -- a donkey. [laughter] in the end, i could not resist the adorable elephant, politics notwithstanding. when i began thinking for a name for our elephant, ellis came to mind. my grandmother came to the united states from poland from project to ellis island in 1907. i thought alice the elephant

was important. it was symbolic because we are a nation of immigrants. in "sweet land of liberty" we first meet at the library. an avid reader always reach about our history and shares what he learns about others. ellis introduces children to the first thanksgiving, the boston tea party, george washington crossing the delaware, and many other historic moments. it is my hope that these stories will help young people feel proud of our country and enable them to begin to appreciate the courage, service, and sacrifice that has made this country and exceptional nation. today, america stands at a pivotal moment, not only economically, but socially, culturally, and politically. it is important that each of us do our part now to advance and defend the pillars of freedom.

our civilization is a learned civilization, which means that anyone can learn to be an american. it also means that each generation is capable of forgetting what makes america a special nation. micahel kaman said a civilization without memory ceases to be less civilized. a civilization without history ceases to have identity. without identity, there is no purpose. without purpose, civilization will weather. -- will wither. when we know where we are as americans, the way forward becomes increasingly clear. it is my prayer that together we may work to ensure that

liberty and freedom prevail and that america remains an exceptional nation. thank you and god bless. [applause] in the name of the greatest people that have ever tried this earth, i say segregation now, segregation tomorrow, and segregation forever. >> for most of his life, george wallace was an ardent supporter of segregation, outspoken about

the civil rights movement. the former alabama governor ran for president four times and lost. this weekend on the contenders, george wallace of alabama. live at 8:00 p.m. eastern on c- span. >> of the project go pink women's project continues. next, we hear from anita perry, the wife of governor rick perry of texas. >> good afternoon. let me tell you a little bit about rebecca, the litton the governor from wisconsin. -- the lieutenant governor and from wisconsin. throughout the last couple of days, i have listened to our panel talked about what we need to look for in a candidate. we in wisconsin were fortunate enough to find a candidate who really reflected almost everything that they mentioned in their panel discussions. but the neat thing about rebecca

is that she is one of us. she is one of us as republican women, she is a republican -- she is a conservative republican, and she has worked very hard to make certain that she has maintained those strong values through it very difficult times. many of you know what is going on in wisconsin brigid she will not tell you this, but i will. rebecca and scott walker are being faced with recalls. i am recalled at the way the -- appalled at the way the union thugs are operating in our state. there is one thing that i do not want to see and that is governor scott walker and rebecca clayfish recalled for standing for their principles as politicians. know that when she stands before you today, she is faced with all of those emotions of what they are trying to do to not only her, but to her family

in trying to bring harm to them either politically or personally. if you have any extra cash available that you might be willing to write out a check to help offset the millions of dollars that are coming into our state to recall who i think are two upcoming politicians in our party that really stand for the principles that we all believe in, go to the gop website, www.wisconsin.gov is the place you will go. on a more positive note, you will enjoy a little bit of the midwest later our wonderful --

midwest flavor our wonderful lieutenant governor, rebecca clayfish, brings to the table. with that, governor rebecca clayfish. [applause] >> emotion of a recall? i do not know what she is talking about. we are women. we are not emotional, right? i come from the land of protest signs and bongo drums, of recalls and rejection of logic. i also come from the land of reform. -- land of reform and reason of enterprise and creativity. ladies and gentleman, i come from scott walker's wisconsin. [applause]

like most of you, i am a mambo. -- a mom. we as moms will do just about anything in order to do it -- in order to make sure our children's futures are brighter every day. some mothers do that by teaching sunday school. others do it by volunteering in their kid's classroom. i chose to set aside my little business and run for lieutenant governor for the state of wisconsin. today, i have the joy of knowing that what i have done this year and what i go out and do every day is making a difference for my children down the road. whether i liked it or not, i also know that what i am doing every day is making a difference. i tell you that because yesterday as i was kissing my kids before they left for school, my 8-year-old said,

"mom, if you see a protester today, make sure you be nice and smile." my children at 5 and 8 have become little experts on turning the other cheek. because wisconsin's political climate is so politically charged right now, even my children have become targets. but friends, even my children know that when they have a $1, they cannot spend $2. something so simple a kindergartner could understand, right? not so much. there are some in wisconsin who still do not understand that. when i am asked to explain, i say that when we were sworn in, we had a big budget problem. the moment we dropped our hands

from being inaugurated, the governor and i were met with buckets of red ink on our desk. this year alone we had the 100th $37 million debt and we will left with a $3.60 billion deficit for our next biennium. we have to ask our government employees to contribute a little bit. we asked for a 5.8% pension contribution. that is about the national average. we asked for april. 6% of their contribution. -- 12.6% health care contribution. that is about half the national average. and we asked for some concessions in collected -- collective bargaining because we could not afford it anymore. our state, like many of yours, was not given the opportunity to opt out of the recession. our taxpayers were in pain. they elected us to do a budget without raising taxes because

they simply could not afford to continue to pay. but, in wisconsin, the stimulus money was spent. our health care costs had risen 90% since 2002. we had our own pace and pottery compensation fund that we owe $200 million to. minnesota said we owed $60 million for a tax reciprocity agreement. i think they were still kind of mad that brett farve gave up his good years. despite this, the union bosses and out of state special interests and the pay protesters and even jack -- even jesse jackson and michael war descended on the state capitol in madison to defend the collective bargaining that made sure that a volunteer crossing guard in wausau could not do his job because a paid union

employee should be doing that. one of our counties had a blizzard and all of the union workers were out hollings know. -- hauling snow. when they brought in after -- outside contractors to make sure the morning commute was clear, the union filed a complaint. the snow should have just sat there, they said. they wanted paid union workers to do it. we paid teachers for hours they did not work. we gave people $4 for bringing their own lunches to work. we paid corrections officers to call in sick and then work the next shift, giving them over time. we fired the teacher of the year because she did not have enough seniority. governor walker said enough is enough. we need to do in wisconsin at the same thing our small businesses and our hard-working families who find this

government do every day. -- funded this government do every day. something that my kindergartner and a third grader understand. we need not spend more than what we have. i will tell you, this year alone we asked for those concessions. we made the changes to the expensive growing collective bargaining. we balanced our budget, changed a $3.60 billion at deficit into a surplus in wisconsin. -- $3.60 billion deficit into a surplus in wisconsin. [applause] by the summer, wisconsin was creating jobs at twice the national rate. we guaranteed second amendment rights by making sure we had concealed carry. we opened at wisconsin for business. if you come to wisconsin and you want to vote, now you have to have a photo id in order to do it.

[applause] but the thanks that was given to our brave legislatures -- legislators were threats, vandalism, and a recall election. six of our brave state senators faced recall elections this past summer. happily, our majority stood, but the critics are not satisfied and they were not the tour. -- the toward -- deterred. three days ago, a group filed recalls against the governor and myself. they began collecting signatures. listen, i respect their right to collect signatures. i respect their right to be angry. but if they get us on the ballot, we will win. [applause]

i am ready. our governor is ready and our governor is strong buy in wisconsin. i tell you that because i know scott walker. in fact, i met scott walker long ago when i was a journalist and scott was one of my very best sources at the state capitol when he was a state assemblyman. he would, before he became governor, become the county executive in the largest county in the state of wisconsin, but before that would happen, the democrat county executive there would mess up big time. he was a crook. he hatched a plan to make sure that he and his cronies were paid out millions upon their retirement. the journalist that busted that guy on camera was me. i would argue that i was stop walker's refer supporter part county executive that day.

but before the eyes of the world were focused on madison and governor scott walker, the bongo drums protest signs, and -- we -- and responsible budgeting, we had to win the honor of serving. the lieutenant governor and governor run in separate primaries. in my race, it was me and four guys in an exhausting, statewide campaign. i had more chicken dinners and gas station hot dogs than any human should consume. by midsummer, i thought there was a chance i would start clucking or barking, but instead i ended up with a really bad stomach ache. i came in dead last at the wisconsin state convention. it could have been because of all the fund raising i was doing, beating all the guys in money-making.

or it could have been from something else. it ends up that the statewide campaign was the easy part. two weeks before my primary election i was diagnosed with a grapefruit sized tumor in my gut. at 35-years old in my first political race ever, i was told you have: cancer -- colon cancer. i had emergency surgery, but i got out before the polls closed. the site -- despite the naysayers, the cancer, and the brutality of the race, i'd beat the guys by 22 points. [applause] i am happy to tell you today i am cancer free. [applause] but i went through chemotherapy

during the mayhem at the capitol. my husband, who is a state representative, was watching out his capital window yesterday as they collected recall signatures against us. but, meantime, i was in another part of the state, more towards the center of wisconsin, watching the white house christmas tree being harvested from wisconsin. the farmer told me that history -- that tree had been up through droughts, punishing rain, it had seen a severe hailstorm and even a tornado. but, today, it was the most beautiful and the strongest tree on the lot. kind of like wisconsin. kind of like america. ladies, you have been called

for a time such as this. you are the mothers and the daughters and the sisters and the wives who will fight to make this country all that it can be for our children. thank you. thank you pour the support of a -- for the support of common sense and may god bless your efforts to make our nation the exceptional one she has always deserved to be. thank you for having me. [applause] >> now it is my honor to introduce to you anita perry. as first lady of texas for the

past few years, she has worked -- past 11 years, she has worked to promote a number of issues to benefit people from all walks of life. trained and educated as a nurse, mrs. perry drew from her 17 years of nursing to champion health care issues, such as breast cancer and childhood amortizations. -- immunizations. she has been a strong advocate of economic development and tourism in texas, a leading trade missions to germany, japan, argentina, brazil, and the czech republic, to name a few. tourism brings more than $56 billion bid to the texas -- into the texas economy, resulting in more than 500,000 jobs. please welcome anita perry. [applause]

>> thank you. it is great to be here in washington. the women working for change conference. when conservative women gather together for a common cause, it does not threaten men the most. it threatens the liberals the most. when it comes to ending politics as usual, conservative women are the real change. from nikki haley, to mary fallon, conservative and women one office all across the -- won office all across the country in 2010. i think sometimes it is worth asking the question white voters have gravitated to conservative women in recent years. from running the board room, to running for office, to running the household. we are all about empowering women of all backgrounds rather

than just putting us all in one little box. we remain sympathetic to the plight of middle-class families, of women who wear the many hats of mother, wife, employee. we know that many women toil to provide the best environment possible for raising our children. we get our children ready for school. we put in long hours at the office. then we make those pta meetings, those soccer games, those baseball games. at the end of the day, too tired to take their shoes off. we know those women because we are those women. many of us have done -- duty -- than doubled duty without twice the pay, but we do it out of love and devotion to our families. as a texas woman said, liz

carpenter, "roosters crow, but hens deliver." that may be the best line i have never heard from a democratic -- ever heard from the democratic woman. the issues are not gender based, but jobs based. it is about giving our children a better country than the one we inherited. there are a lot of great candidates out there running for president. i happen to be partial towards one just a little bit. here is why. no one is more committed to the merit system than rick perry. he truly believes in america's blindside to one's background, gender, or creed. an america that provides opportunity to any and all who work hard, play by the rules, and never stopped dreaming. he has provided a blueprint -- blueprint to a more prosperous

america in our state of texas. he has cut taxes 67 times. he signed the first state budget that cut state spending since world war ii, and signed the most sweeping lawsuit reform in the nation, including just this past screen -- spring, a new loser's pay law. rick perry believes the best welfare program is a job. he believes the best economic stimulus is the private sector. he believes the best hope for the world is a strong america. he served his country because he loves his country. during his tour of duty in the united states air force, he developed a deep and abiding love for our freedom. he recognizes what is wrong in america is not that americans are lazy, soft, or lack

imagination. it is washington that is broken. he has put forward a bold plan to overhaul washington, ending business as usual and ensuring the federal government puts the american people first. he will fight to end lifetime appointees for future appointees to the federal bench because he did -- he does not believe those that legislate from the bench should be rewarded with a black robe for life. he wants to transform washington by creating a part- time conference -- a part-time congress, cutting their pay in half, their budgets in half, and a time in washington in half. he believes the concept of the citizen legislature works best and keeps lawmakers better connected to the people. finally, he wants to overhaul the permanent bureaucracy, eliminating the departments of energy, education, and commerce, reducing and

rebuilding the epa so that it no longer torments job creators, and ending the passenger harassment of the tsa by returning transportation security to the private sector. his bold plans for washington coupled with his 20% flat tax represent the most comprehensive change of any candidate. that makes sense because he is the only candidate that is not part of the establishment. he is the true outsider who will bring a breath of fresh air to the beltway. with rick perry, you do not have to wonder whether the president you get is similar to the president you see -- the candidate you see because he knows what he is and what he believes. i can promise you this -- if you help elect him president, he will make you proud and we will have the america again that you and i know for our children and our grandchildren.

processes are having me today. -- thank you for having me today. god bless you all. may god bless you all. [applause] >> it is a totally volunteer organization.

we work on contributions. if anybody would like to make a contribution because you have already registered, go to our web site www.gopink.com. we post news articles and original writing. if you would like to read for us, -- if you would like to write to us, we have a facebook page and we are on twitter. the are happy to work with you to put on something in your states. and one day training session. a amending conference like we have had here. we will help organize and get your speeches, etc. if it is my greatest honor to introduce somebody who along my way and politics has helped me. she has headed up one of the

most effective groups in politics and for policy. marjorie has been -- all day today and yesterday we talked about an administration that is burdening our unborn and the generations to come with a bad policy and bad debt. marjorie has been on the forefront of leading the fight for the unborn. i would like to introduce her. i would like you to go she is a great friend to have at all times and for this country. thank you. [applause] >> this is so fond. i am so sure to. can you see me? --i am so short.

can you see me? an exhale time for me. i said this time has been that for you as well. we worked all the time. this to me is not work at all. it is like coming home. normally on the third friday of the month i have a large group of southern girls called "bless your heart." we get together every week. we talk about a lot. a lot of the things you have been talking about over the past few hours and days. one of the things is held grateful we are -- i am. i bet you are for the heritage we have. whether it comes from our region, certainly from america

as a nation with our constitutional heritage, with the examples that we have, women and men who have led us to this point and time. those examples and of that heritage has brought us to where we are now. i am so grateful for it. it is such a diverse heritage. the midwest, the west coast, if you are from a military family, and you need the training that gives you to reach out to other people. the one thing i do know kind of well, and we do it at our lunch called "bless your heart," we have often come down to a conversation where we get one of two things straight. we pretty much feel like we were born here knowing a few things. one is, lipstick is always mandatory, even if you are going to a 711. manners are not negotiable.

they said to the table for everything people do from here on alps. it is just a matter of being good to other people and making sure they know they are welcome. good manners are not negotiable. lipstick is vital. tea has sugar. and thank god that men and women are different for more than physical reasons. i love men and lots. but i do not want to be one answer. item glad i was made a woman and everything that came along with it. all of the steps and all of the things that came along with being a woman, thank you, god, for backing as the way we are in not making as want to be something we are not. most importantly, what i think brings us all together, certainly women from the south, we all have things we feel are

our birthright. i do not think that was wearing lipstick when i was born. one thing i am sure of -- we would not be here if we were not raised and trained by our heritage, our families as women to take responsibility for ourselves, our families, and our communities. a watchful eye if always for the most vulnerable among us. i think sarah palin did a good job of explaining it along the way. she came to an event that we had and it talked about being talkedma -- talked about being a mama grizzly. i like it because -- not because we attack people and scratched their eyes out, but because it, the grizzly is a gentle they are. she parks her territory.

-- she marks her territory. if you are a predatory, god help you if you walk in that perimeter and threaten jr.. then you will get your eyes and scratched out. do not to mess with our children. do not mess with the most vulnerable among us. that is a special gift that i think we are wired that way. for all sorts of reasons from got into nature we are wired that way. frontier feminism is a concept i think is very compelling that i think all of our candidates on the susan b. anthony list have exemplified in some way. that is the idea that even in being very aggressive and the moving across this country and wagon trains and what ever form

has families we took moving west, we protected our families, maintained our femininity, and make sure that the family life was preserved all along the way. there are examples of that. he lost their hearts, if they had to wield the velvet hammer when they were moving out west, they did. what is that? i love you. i love you. do not mess with my kids or he will see the camera coming. i do not cross the line. we know who the new vulnerable and society is. they start with the unborn and it branches out from there. some of the women who really blazed the trail of politics for all of us were the standard bearer for just such a thing.

it did not always have to the ticket were profoundly intellectual, loving, nurturing, and courageous but their leadership. think of abigail adams who did not really leave home, but her intellectual, spiritual, and emotional support of her husband sustain him and what he had to do at a time crucial to the founding of our country. the underground railroad, the woman who led that and quietly make sure the most available in our society were protected. and then susan b. anthony, our namesake, for more reasons than one understood. she was an abolitionist and a suffragist who really placed the trail and never stopped. she'd never sought the right to vote and she knew she had to fight for it which is a lesson to us all. she understood something central

to all of the women i have just mentioned. that is you can never build authentic rights on the broken rights of other human beings. you can never build authentic human rights on the broken rights of other human beings. that is our sense of protecting the fall marble. it is a human trait, but it is a uniquely strong motherly traits. it is something we bring to the political process that must be heard. it is being heard more and more. susan b. anthony said about the connection between women and unborn child, she said in a question asking if a woman should be felt -- felt guilty if she does away with an unborn child. guilty, yes, no matter what the motive. love of peace or a desire to save the unborn innocent from

pain, she is deeply guilty. it will burn her conscious and life. it will burn her soul in the grave. thrice guilty is the one who drove her to the dreadful deed. who is driving women now to the dreadful deed? women and the folks looking for money cast out from a woman's pain. thrice guilty are they to drive her 4000 times a day. when we consider that women are treated as property, it is degrading to women to be disposed of as we see fit. who also ordinances and be at

the newspaper, she said when a man steals to satisfy his hunger, when they safely conclude there is something wrong in society. when a woman destroys the life of her unborn child has an evidence either by education or circumstances, she has been greatly wronged. one thing they are all saying is that a dearth of rights -- a paucity of rights, feeling exploration and deprivation is never solved by taking rights away from another human being. whether it is the vulnerable feeble mind it, the feeble -- the vulnerable on born, a minority not respected in the community, we will never build our rights up by tearing the rights of those people down. in fact, we know what love does.

love increases as we give rights -- as we expand rights, more rights flores. it is just the nature of the blessing of liberty that our country has given us to understand that is actually true. that is the bottle we are supposed to follow. -- that is the model we are supposed to follow. a funny thing happened on the way. we had such great female models. we did not agree with them on everything? two men have to agree on everything? not always. my mother always calls us the '60s business. the '60s business got into the hearts and brains and minds of a group of women who felt the pinch of exportation, pies, and it may be something authentic but they threw the baby out with the bathwater.

as's think of them interlopers between our true founders -- we do not have to call it feminism if you do not want to call it feminism, but the true founders of what it means to be a woman leader. the interloper in the meantime to say several things. there were people like margaret sanger. women who made the world worse in the words of my friend who brought about by that title. women who made the world worse. what do they make our country and our families and communities were stacks because they've made us focus on a list of grievances instead of a list of how we contribute to ourselves.

my mother was not pro-life, but she knew what she did not like in a lady. i remember as a child seen jane fonda and others -- some people are too young to perhaps. looking at some of the women of the national stage in the late '70s is saying, who would want to be done? who would want to act like that? there are mad all of the time. i did not want that. even as a child there was something in that model that was repelling. somehow the convinced a whole lot of people, especially men in power, that to get the women's vote he had to prove that you what the breakdown. what is liberation? liberating women green said she must buy into the sexual exploitation of women. you must buy into what makes

them miserable every second of the day -- abortion. you must buy into these demands or you're not a real man. if you run for office and you do not agree to these demands, you're not a real woman. it was a wedge in the feminist movement at the time. there was a group of women who of poured abortion in the '70s that you do not hear from now. the split came about because the money came for the abortion movement, but the vast majority and leaders in the movement also believed he that pornography and prostitution were killing women and exporting them. they were making them consumer goods. they were making them commodities to take down on the shelf and put back in. that group was marginalized. there was no money for them. there was only money for the abortion movement which became the center of the movement.

the group that was marginalized was the group that did not want women to be trafficked as consumer goods, cut back on the shelf to be put back out as prostitutes and the victims of pornography again and again. i am reading every day now. i bet you are, too. the consequences of that split in the movement where women who did not stand up at that point or women who said do not treat our women and girls like this got marginalized. where did the money come from? hugh hefner. it came from the pornographers, the people who were supporting prostitution at a time when people did not see a big problem with it. we know because we feel the pain and the fallout from that, but they did not see it that. what we got instead was not a

philosophy of, you do not build rights on the back of other human beings whose rights to have broken, we had a model that said, you men, you kids, you are obstacles to my success. what will we do to help you step aside so i can march through? that tended to be -- that has been the choice. what happened it to ourselves that we give? the flourishing that giving to all of those things actually produces and our home last and our communities? the response is in political terms, he founding of the susan b. anthony list in the early 1990's. when that whole philosophy was certainly front and center. since that time, we have all together worked for a time when the year of the woman in 1992

and the nancy pelosi of the world were the victors to last year which is the year of the pro-life foreman. it was their day and time. the year of the pro-life woman was absolute last year. going from about close to 0, women leaders like q to the type of woman who is prevailing in public office. you and i were also involved in, attorney general races, house races, and not even to

mention the enormous number of state races that you were involved in that we could not stretch to reach, this is the tide. thank god you are here to give voice to what is actually happening. i really believe down to my bones -- it is the reason we started the susan b. anthony list so long ago, it has to do with a trip of about who we are and how we see ourselves as complementary to men. always with an eye out for the vulnerable among us. the bomb a grisly thing is a little too aggressive. you know what i mean. --the mama grizzly thing is a little too aggressive, but you know what i mean. you understand where someone is suffering. you know. your antenna tells you.

he naturally reach out. this is what the political process and what politics in general in america will benefit greatly from. regardless of the velvet hammer, which lets just say it has to beat. the bill that hammer is that we are who we are in terms of what i just said. if you cross that line, we will be the mama grizzly. you need to look for a job in the private sector. there are women who speak for us and women who do not speak for us. we together will have the muscle to make sure that they had -- they know who we are and not. in the process of doing that, which we have already done, we will encourage women to run and do exactly what we said. no longer will they see it as beneficial to run and be somebody who buys into the idea to be a real woman, you have to

buy into old-guard feminism which sees other people to obstacles of -- as obstacles to their success. how would you to know what you probably already know. on the abortion issue, we are not even at the crest yet. because of what we have known to hollow out to the soul and the body of women and because we have gone through some years of experience to what it all means and we have watched it, calls are dramatically moving in our direction among women. more women label themselves pro- life and pro-choice. that is just a label which means really not a lot. in the early 1990's, 50% of college educated women were for abortion on demand. now 35% of college aged women are for abortion on demand.

overall women generally are for abortion on demand 26%, one- quarter of women, mainly over 40 are for abortion on demand compared to 34%. everything is moving in our direction. 70%-80%% of woman support late term abortions and spread parental notice, opposed funding for abortion. undermining our consciousness with our tax dollars. in summation, i would just -- i would like to continue the conversation that you probably already have been involved in. you have made a decision to be

engaged in a political process. we all will go back and try to make sure that other women make a very good decision about being involved in the political process. it is a decision. it is not fun. who really wants to? it is really kind of dirty. people fight. we are not all super confrontational. we do it because we gloves. -- we do it because we've lost. there is no other compelling reason to get involved. that will sustain us all in the tough times. tina fey -- i hope he met our political director. she turned us on to this book. we may not agree nottina fey on a lot of things but she did say in her new book "bossy pants," when people say you really must do something, it means you really do not have to. nobody ever says you really,

really must deliver the baby during labor. when it is true, it does not need to be said. we really do not have to sacrifice all of the things that you sacrifice. we do not have to. it is a decision. it is -- it is a decision that the women like we are natural beneficiaries of whose routes we are skipping to now. we will do what they did. if we dig down and recruit other women like ourselves who see yourselves either as a candidate yourself -- let me just say this. not everyone is a canada. i will never be a candid. i will always find the best candidates to support. i see it as a vocational question that has to be asked.

not everybody should do it. if you are, do it whole hog. if you run the first time, something does not mean you were called to do it, it means maybe there is something you need to do to run again run for a different office. there are things that need to be adjusted. it is a calling. because of the sacrifice from our families and communities that it takes, it is a vocation. what is the location they got? retaking ground so that we can speak for ourselves. we return to our roots. we continue to promote the antithesis of what barbara boxer -- she has peaked out nationally. we continue to promote what we do know is a winning message

among women. barbara boxer will up one morning and decided to run for school board. if she had not done that, we would not be burdened with her right now. diana black did the same thing. women who are speaking for us now made the same type of decision. we have everything we need. that is where i will truly close. we do everything we truly need in this country. other countries that don't. we have the blessings of liberty. we have the true gift that women like you have been given when you embrace them and share them in the political climate.

he will be incredibly attractive. you're already are. that is a great model. thank you for having me. i am really thrilled about the conference. i know we will continue to gather. thank you. [applause] [captions copyright national cable satellite corp. 2011] [captioning performed by national captioning institute] >> he had a motorcade down to the flooded area, took off his jacket. my memory as he filled a three sandbags said hello and high to everyone. that night, it was reagan filling sandbags with his shirt off. >> sam donaldson talks about the

legacy of ronald reagan. michael bloomberg and harrington talk about the -- huffington talk about the american dream. for the entire thanksgiving day schedule, go to c-span.org. >> it remains one of the grid is people that have ever carved this earth, i draw a line in the dust had tossed a garment or the face of tyranny. i say segregation now, segregation tomorrow, and segregation forever. >> george wallace was a supporter of segregation for most of his life. the four term governor of alabama ran for president four times and lost. this week on "the contenders,"

george wallace. live friday at 8:00 eastern on c-span. >> from the miami book fair international last weekend. >> who eventually participated in the vision -- invasion of cuba. after castro came into power, many of the people who did not like him very much fled cuba. were they fled to was mainly right here in miami. >> the election of the first black president was a landmark that shows there has been tremendous change in american racial attitudes. had there not been that change, he would have not had any hope of prevailing. >> it is critical that -- it is hard to relax in that situation. you have to be calm enough to

where you can listen and make a split-second decision with no help. do i follow up? what do i do now? >> what chimbote the's coverage on line at the c-span video library. -- watch book tv coverage on line at the c-span video library. >> the fda released its third quarter report on the banking industry showing earnings of $45.3 billion this quarter. that is an increase of $11.5 billion from this time last year. the acting chairman also addressed the housing market in the european debt crisis. this is 25 minutes. >> good morning. welcome to our released to the quarterly results for the banking industry. the third quarter data shows

that the ongoing recovery and credit quality continues in the third quarter supporting improved profitability for the industry and for the majority of fdic insured institutions. more than 60% of banks reported approved earnings and while the percentage that were unprofitable fell to the lowest levels since the first quarter of 2008. you can see in the next chart

the largest contributor to for the year after year improvement in earnings. this was 16.5 million less than a year ago and the lowest quarterly total in four years. provisions have been declining for eight consecutive quarters. the ongoing reduction in loss provision that stems from improvement in the credit quality of banks'. the next chart illustrates the trend in quality that has been under way since the first half of last year. the chart also shows the launch rates still remain well above historic norms. when that charge off rate has

fallen for seven consecutive quarters, while the percentage of loans that are non current have declined in each of the last six quarters. these improvements have occurred across all major loan categories industrial loans showing the greatest improvement. the next chart shows industry revenue remained relatively flat in the quarter. improvement and industry earnings has been almost entirely dependent on reduced large provision. traditional banking business of taking deposits and making loans accounts for almost two-thirds of operating revenue. future revenue growth will likely depend on increased lending. our latest data shows that loan balances increased for a second consecutive quarter rising by almost $22 billion.

blancs to commercial and industrial borrowers increased for a fifth consecutive quarter where balances also increased. ballot -- banks -- a sizable amount between related banks was eliminated in the third quarter by a merger. this elimination accounts for the reduction of loan growth between the second and third quarters. with that accounted for, after three years of shrinking loan portfolios, and a long growth is positive to the industry and the economy. it lending growth we see remains well below normal levels. this chart also shows that deposit growth continued to surge in the third quarter led by a large denomination accounts

of the biggest banks. following a $234 billion increase in the second quarter. most of the increase in domestic deposits consisted of large denomination, non-interest bearing accounts that have temporary on limited deposit insurance coverage through the end of 2012. most of this growth was at the largest banks, but the majority of institutions reported a increases in these accounts. some of the growth and deposits have replaced higher cost liabilities. the inflows of also balance sheets. the result has been downward pressure on interest yields particularly at the largest

banks. we saw further improvement in the number of problem banks in the third quarter. the number of institutions with problems fell from a hundred 65 to 844. this is the second quarter in a row that the problem has declined. a total of 26 banks failed in the third quarter. that is for more than the second quarter but 15 fewer than in the same quarter in 2010. so far this year there have been 90 bank failures. this time last year, the fdic had a job to 149 failed institutions. although the trend in troubled institutions has been improving, current numbers remain high by historical standards. the deposit insurance fund rose

as of september 30. that is up from $3.9 billion of june 30. this balance has now risen seven quarters in a row. assessment income and fewer bank failures continue to drive growth. estimated insured deposits for 6.8 trillion dollars, that is to report a 6% higher than june 30 levels. three-quarters of the increase came from temporary balances exceeding $250,000 and non interest-bearing transaction accounts. the reserve ratio that this balance is a percentage of estimated insured deposits put to 0.12% as of september 30. that is up from 0.0% june 30. we will take any progress we can get. in summary, we continue to see

income growth that reflects improving asset quality and lower loss provisions. all along balances showed a second quarter of moderate increase, this did not translate into meaningful revenue growth which would require expanded lending. the number of problem banks fell for a second consecutive quarter. the good bonds continue to rise. i think it is fair to say u.s. banks to come a long way from the depths of the financial crisis. balance sheets are strong or in a lot of ways and the industry is generally -- and generally profitable. the u.s. economic outlook is clouded by uncertainties in the global economy and by volatility

in financial markets. even if the banking industry recovers, the fdic remains highly vigilant for new economic challenges that may lie ahead. the that conclude my statement. i would be glad to try to respond to any questions. >> could you describe -- could be discussed the situation with europe exposure to u.s. banks both sovereign debt, short-term lending, european institutions, longer-term loans. our u.s. banks safe from european contagion and it derivatives as well? >> i think the last. you make is really perhaps the most significant one. a u.s. bank exposures to europe

exposures are what most observers feel is the key risk for u.s. institutions as well as portugal economy is the potential of the contagion the fact of cygnet -- serious financial crisis developed in europe. that is probably the focus of our greatest attention from the stability of the u.s. financial system. the nature of the contagion -- you cannot estimate the impact it will have on the markets. he knows it could be broadened significantly if it starts to develop. >> a question that is more broad

brush to, i have been spending time with community bankers lately. once chamber of commerce types come into the room, you get lively discussions. i am willing to bet you have witnessed as well the banks start by saying there is no demand for loans and real company types will chime in and set your standards are out rages. the bankers say that this is because the restrictions being imposed on us and a hangover from the crisis. we go around and around. i wonder if you could tell us based on the numbers you are looking at, which cited the debate does this lead credence to? the most striking charges chart 3 about noncurrent loans. i wonder if that is driven mainly by legacy lending from

before the crisis or does this reflect decisions made since 2008. >> i think the improvement in credit quality, i guess that is the final. you are asking about, i think it is a reflection of the efforts of the institutions to work off the problem loan and reduce exposures so that on balance the credit quality has improved. that has been reflected on votes, delinquencies, and the charges. on the broader question, i think it is fair to say that the growth in income is reflected in the larger institutions that account for the majority of the assets reflect the majority of income growth.

that income growth is also reflected among community banks. members indicate 60% of our institutions have realized increases in profitability. i think as a general manner, community banks are coming out of this crisis in reasonably good shape. we have 400 institutions fell over the course of this crisis, 300 of them had been institutions under $1 billion. we have nearly 7000 institutions under $1 billion in assets in the united states. for a large majority of community banks, to have come out of this crisis in reasonable good shape. i think they have met credit demands going forward. the overall story for community banks in the united states is reasonably positive. they are clearly going to

confront the challenges going forward. >> i had a question about the contagion effect. going back to u.s. banks, what about foreign banks that are sitting in the united states? are you worried about contagion effects there? are you sure do willing -- living world will be enough for you to resolve them? also, are we talking to the regulators in europe? there seems to be some kind of disconnect. i was just wondering, are you worried about that? >> we worry about everything. that is a sort of our job. but me just say -- you have asked a couple of questions. on the living will, under the dodd frank, the federal reserve

and fdic have to authority to establish rules and synchronize compliance with regulations. the fed and the fdic have issued their joint final rules and we have started the engagement with our large institutions preparing the living will. the. the want to underline is that while the process is getting going now, the fdic has been working on internal plans to exercise our authorities under title 2 of dodd frank for over one year. our internal resolution plants -- really are key planning device are in a fairly advanced stage of development. we do include wills as an important complement to have additional information for us to

utilize for those internal plans. those plants themselves are pretty far along. we have been engaging actively with the supervisors. it is fair to say this crisis has brought about a sea change in the recognition by supervisors and around the world of the crucial cross border relationships that we have. i would say as a general manner, we have gone cooperative responses. that is something that we actively engage in. >> i want to ask about capital. the profile says that capital remained at its highest since 2006. is that accurate?

it also discusses dividend payments. can you go into that a little more? there has been a lot of controversy about being able to make dividend payments. >> i guess the issue on dividend payments relates to maintaining earnings and a strengthening their capital. the decisions on dividend payments is generally a federal reserve ... -- judgment. i would not want to comment on the a general proposition other than to say the fed has been very careful when trying to make judgments about authorities and individual petitions based on their capital. >> i am making sure i understand

what this is saying. the industry has had the most capital it has had, at the same time it has seen a big increase in paying out dividends? >> that would not necessarily -- it would not be inconsistent. they could have high levels of capital which places some of the strongest in a position to pay dividends while still retaining a strong capital. >> considering the reliance of lower loan provisions that you are siding, is there a level that you are hopeful -- you are waiting for for loan growth or revenue to get to that the industry is at a point where earnings can be sustainable after the lawn provision stopped

falling down? >> the tissue is going to be if we can get a key pickup in economic activity that would generate demand for loans. and that is probably the key issue in terms of growth that is probably our central. the concern. the industry has seen steady income gains that are generated by credit quality and the ability to reduce loss -- as are reflections of greater strength in a positive development. and some point in order to generate income and revenues, spending will have to expand. that is what a lot of this will depend on. >> with regard to what you mentioned about contagion, what

do u.s. regulators tell banks? what do you tell the industry in general about guarding against contagion? >> close attention is being paid to what we see as potential avenues for contagion with regard to derivatives markets as well. thank you all very much. >> we see from the analytics --

anyway, as far as holdings of european sovereign debt or logs to europe or short-term lending to iran, is that declining, you can tell in your examinations? you encouraging banks to reduce their european exposure? >> i deal with the largest institutions. those are the ones that would have the greatest exposure to europe. for the most part, we want to make sure institutions understand exactly what the

exposure is, where it is coming from, and the level of risk they are taking. making sure that it is communicating clearly to us. at what we have a good understanding. or it gets tricky is the area of derivatives. that has been raised before. ultimately, understanding where 11 of counterparty risk stands at institutions. working directly with the federal reserve and institutions. we are getting a good idea exactly where the exposure is. finally, i would say this is no surprise to these institutions now, this has been something developing over several quarters. they have had several -- plenty of time to adjust their positions, which they have.

>> have the statistics about the residential mortgage loans and have growth being the highest since 2007, what do you attribute that to? >> i think partly it is lobar. there has been a lot of declines since then. we did see -- we get some partial data on originations. we did see origination activity up in the quarter. i would assume that had to do with refinancings. beyond that, i do not think we had a lot of -- the mortgage government -- the mortgage market is a government-backed market. institutions that are originating are going those two route to primarily. to some extent, i discretionary

keeping it on the balance sheet. it was a large increase this quarter. >> on the lawn balance sheet increases, is it more significant than suggested because it is part of the decreases and elimination of laws between two banks that merged. is that something we should ignore? is that an aberration and went away? >> since it was all within the same company, it was kind of out of one pocket and into another. i do not pinkos lawns were generating a lot of reported income. i think when the chairman said, it is an adjustment factor. if you factor in the the roughly $40 billion in these loans that were taken off the

books as a result of a merger, back contributed to the balances between september 30 engine 30. you could elevate debt by $40 billion that was taken away by the stroke of a pen. did you have an -- a growth and increase. nominal terms it looks like a drop-off in the loan growth. in reality, we think it was much more similar than did similar. >> a way to describe it would be you have long growth similar to what we saw? >> exactly. we do have to sit where reported numbers are, but we have to provide context. that sort of a merger is unusual. >> can i also asked again about the influx of large nomination deposits?

there is a chart that shows -- that compares that growth compared to growth in lending. what is the practical impact for banks? how much is this hurting revenues, the fact they have this money but they are not making loans? >> the chairman noted, some of the influx replaces other funds. these are not interest-bearing deposits. they are replacing on deposit liabilities and that costs interest. there is a reduction in interest expense for institutions. to the extent that a gross the balance sheet and they have to find investment for those funds. the investments tend to be relatively low.

also in terms of the level of interest rates in the rate cycle, the lungs that are maturing and running off the books at this point were loans made several years ago that were booked at a higher rates than are currently prevailing. the new loans put on the book or at today's rates. you have a substitution effect as well. what we have seen is the asset to yields are coming down -- funding costs are coming down but asset deals are coming down more rapidly. possibly at larger banks because that is where the inflow has occurred. >> what accounts for the sharp rise in insurance rates? >> could is mostly due to assessment income. we are collecting $3.5 billion a

quarter and assessment income from institutions. a little bit of the increase is also due to the reversal of some of our reserves due to lower anticipated losses on failures. most of it is a premium it paid for by the industry. >> any chance you guys could comment on the wall street journal story on bank of america this morning? >> no. >> had to give it a shot. thank you. >> thank you very much.

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