and, again, this is not going to abate any time soon. it's going to continue all night. it will slowly taper off tomorrow. and i do mean gradually. don't look for it to shut off early tomorrow or quickly tomorrow. lefts go to the computer and -- let's go to the computer and we have new totals in. i want to thank everybody for sending them in. chantilly checked in at nine inches. bowie is at seven. annapolis is at seven. dunkirk, maryland is at eight inches now. we're past 10:00. st. mary's county and charles county are all under blizzard warnings until 10:00 a.m. tomorrow. even if you're not under a blizzard warning, we said this before, don't go out. really. blizzard conditions overnight. turning colder after midnight. the snow will taper off between about 4:00 and 8:00 on saturday. and i had to give about a four-hour range because you folks out in winchester will see it shut off much before the folks in southern maryland. about 4-8. not to say it couldn't flour re all night. but in -- flurry all night. but in terms of the heavy snow it will taper off tomorrow afternoon

departed from the scene a lot of the animosity that cuban-americans have felt towards the revolution will abate or disappear and i would suggest that is already a dating because now you are talking about people who are yes the children or grandchildren of the cubans who fled cuba to the united states 1959, 1960 and 1961, but that generations has gray hair. if they are still around and they are not as dynamic or as influential as the new generation. and i have some students at the university of alabama who our grandchildren of cuban refugees and what they know and what i try to do is get them when they want to write topics on the caribbean i teach a course caribbean history. i tried to get them to go and interview. their grandmother, grandfather if they are still alive and find out what it was like for them to come to the united states much of that history unless they are forced to learn about. >> if i might one more about your book about chapter for mabey, chapter 3 you elude it to periods teetering on the brink of rebellion and author of the guerrilla war and the years following the treaty a

some recent indicators suggest that the deterioration in the labor market is abating.ob losses have slowed considerably and the number of full-time jobs rose in january. initial claims for unemployment insurance have continued to trend lower in the temporary services inland, often considered a bellwether for the employment outlook, has been expanding steadily since october. not with standing these positive signs the job market remains quite weak with the unemployment rate near 10% and job openings scarce. of particular concern because of its long-term implications for workers' skills and wages, is the increasing incidence of long-term unemployment. indeed, more than 40% of the unemployed have been out of work for six months or more, nearly double the share of a year ago. increases in energy prices resulted in a pickup in consumer price inflation in the second half of last year but oil prices have flattened out over recent months and most indicators suggest that inflation likely will be subdued for sometime. slack in labor and product markets has reduced wage and price

when housing prices begin to appreciate once again, when unemployment comes back under control and abatesonsumers have more confidence that they'll have the liquidity to meet their financial obligations they'll be more motivated and able to make those mortgage payments on time. >> sounds like you think this is the right move. thanks very much. up next, what could move the markets tomorrow, including an early look at the important january jobs report. part of this upset in the market today, the anticipation of that. i've been growing algae for 35 years. most people try to get rid of algae, and we're trying to grow it. the algae are very beautiful. they come in blue or red, golden, green. algae could be converted into biofuels... that we could someday run our cars on. in using algae to form biofuels, we're not competing with the food supply. and they absorb co2, so they help solve the greenhouse problem, as well. we're making a big commitment to finding out... just how much algae can help to meet... the fuel demands of the world. >>> we'll look at the january jobs report, the first snapshot

to that, because there may be some -- they've been asked to be respectful of our needs for noise abatement and we've been asked to do the same. particularly when we wrap up and get ready to leave, i'll ask you to exit with the quietness of new fallen snow. i am also here to tell thaw it is not yet snowing. so we're all still fine in that regard. let me now open up the floor to questions. we do have staff with microphones. i would ask you to raise your hand. i'll recognize you. you wait for the microphone. identify yourself and your affiliation then direct yore question to one, two or all of the panel here. let me start over here on the left, science i ignored thince during the first round of questions. here comes the mike. >> bill, cic. the last summer was referred to how did the consolidation after the last summer work out on balance? were there any lessons learned that will be helpful for what may lie ahead, if there is flattening and perhaps decline in defense spending? >> well, i don't think we truly know the answer to that. i think what i take away, this is a personal view, having bee

the question we face today as the economic crisis is not over but it is abating, and there is a return to more normal say, whatever that means, the question is where do we go from here? what assistance should government be providing going forward? should we go back to the previous model? this being a temporary introduction or break in the model or is there some new role of government assistance that we should be pursuing going forward? in order to discuss this question, we have a distinguished panel. you know who most of them are but very briefly, we have a deputy chairman of the planning commission of india. dominic barton, john evans, a trade union leader, david cameron, the leader of the conservative party in the u.k., andre kosten and peter sand, the group ceo of standard chartered bank and jean-claude trichet. in attacking this topic with a large and distinguished panel, we have divided the topic into three broad areas. we have -- we would propose to proceed through those areas as follows. the focus on the financial sector. that is the area where the most government assistance and

that is not abating. that are in foreclosure or clearly headed in that direction. they are 90 days and over delinquent. as of december, 4.2 million first mortgage in that preéi >> as states stand ready to assist in recovery efforts, we have resources should the chilean government asks for help. i've reached out to the president to let her know that we will be there for her should the chilean people need assistance and our hearts go out to the families who may have lost loved ones. we're also preparing for a tsunami that could reach american shore today. a tsunami warning is in someplace and people have been alerted to evacuate coastal areas. i urge citizens to listen closely to the instructions of local officials who will have full support of the official and recover for many damage that may be cost. the citizens on the west coast be prepared as there may will dangerous waves. the most important thing that you can do is to carefully heed the instructions of your state and local officials. once again, we'v

the strong winds and the white house conditions, we are ceasing our operations until the weather abateswe don't want our cws to be driving to locations, so where you are is where you are until the storm abates down to safe levels. there's probably no chance Ñi somebody's even going to working on it until sometime laterÑi on this evening? >> there may be situations where we can work through our underground or some of our large contribution feeders where we can work through our sub situation situations overhead operations until the winds we've a. >> joe, you mentioned a -- is that a blizzard warning until 7:00 tonight? >> that's right, it's a blaze saturday washing, but it's the third time this winter we have had a blizzard warning. we have been pounded by un -- it covers a huge area, all of the panhandle of west virginia, in fact all of maryland it may continue on into early this eke. so this is unprecedented to see such huge areas locally under a blizzard warning. here are the latest wind gustses, this is why we have upgraded much of the region to blizzard warnings is that these gusts h

traese abat ye up fd no you likerici dget at eat.m ttch leed yogspa fon youngr taki yous, ly ifeelit. then'ties, theysics ft thk on. estroyed; families searching for loved ones; parents trying to feed their children. but we can all do something. we can help the american red cross as it delivers the food, water, and medicine that can save lives. donate $10 by texting "haiti" to 9-0-9-9-9. visit redcross.org or call 1-800-red-cross. thanks for your help. >> swofford again will be the man with the ball. back and throws complete to blanchard for a touchdown in the corner of the end zone. >> you did wind up choosing north carolina chapel hill. what made you choose carolina? >> the combination of academics and athletics. and the fact that it was here in the state. it was a long process, actually. the last two schools i came down to were georgia tech and carolina. and coach bobby dodd was in his last season. and what turned out to be his last season at georgia tech while i was a senior in high school. and georgia tech went to the orange bow

breaks and giveaways. 5.5 million dollars in direct giveaways along with 19 point* $5 million of tax abatementss to get on the phone first thing tomorrow morning and let them know this is not acceptable and i want to challenge marion barry who is hear a single council member new-line of duty to be able to stand against this bill because he stands against it. [applause] let's hear it for him. thank you. and then name of howard zinn if we want to organizer make a difference we should send a clear message to the war profiteers it is not acceptable for them to take the money of the people squander then take more to be here. they want to come here any way it is they know and the district of columbia they are right next to the powerhouse so they cannot be with our money to get more of our money so police. i know 90% to believe and forget about this. the 10 percent will say i remember something but i am not sure what it was. [laughter] but 5% will probably make the phone call. i urge you really. as howard zinn has always reminded us and marian wright edelman has said democracy is not a spectator sport

some indicators suggest the deterioration is abating.rk six months or more. reflecting both tightened lending standards a mit uncertain economic prospects. in con junction with the january meeting. board members prepared projections for economic growth and inflation for the years 2010-2012. the contours of these forecast are similar to the congress last july up to 3.5 and 4% in 2011. consistent with moderate economic growth arranging roughly 6.5% by the and of 2012. still above the estimate of the sustainable rate of 5%. inflation remains subdued by a rising percent of 2010-2012. expecting to be between 1 panned 34 to 20%. the duel mandate of price ability. the federal reserve has deployed a wide range of tools. the target for the federal funds rate has been maintained as a low rate of 0.1%. continuing to anticipate that the economic conditions including low rates, subdued inflation trends are likely to warrant exceptionnally low levels of the funds rate for an extended period. to provide support in the mortgage lending and housing marke

some recent indicators suggest that the deterioration in the labor market is abating.b losses have slowed considerably in the number of full-time jobs in manufacturing rose modestly in january. initial claims for unemployment insurance have continued to trend lower, and the temporary services industry, often considered a bellwether for the employment outlook, have been expanding steadily since october. notwithstanding these positive signs, the job market remains quite weak, with the unemployment rate near 10% and job openings scarce. of particular concern because of its long-term implications for workers' skills and wages is the increasing incidence of long- term unemployment. indeed, more than 40 percent of the unemployed have been out of work six months or more, nearly double the share of a year ago. increases in energy prices resulted in a pickup of consumer price inflation in the second half of last year, but oil prices have flattened out over recent months, and most indicators suggest that inflation likely will be subdued for some time. slack in labor and product

the question we face today as the economic crisis is not over but it is abating, and there is a returnce should government be providing going forward? should we go back to the previous model? this being a temporary introduction or break in the model or is there some new role of government assistance that we in order to discuss this question, we have a distinguished panel, and you all would know who most of them are, but, very briefly, we have the deputy chairman of the planning commission of india, the world managing director of mckinsey and company, the general secretary of the trade union advisory committee, a trade union leader, a distinguished trade union leader, david cameron, the leader of the conservative party in the u.k., the chairman and ceo of a bank in russia and a distinguished banker,ñr the ceo of standard chartered bank, and last but certainly not least, and jean- claude trichet, the president of the european central bank. in attacking this topic with such a large and distinguished panel, we have divided the topic into really three broad areas, and we would propose to pr

coming next, just in time for presidents day, c-span has abated and republished its book, a tour of presidentialrom richard norton smith and douglas brinkley. we will talk with richard norton smith, coming right up. ♪ >> c-span offer is the new c- span classroom website. it has been redesigned to be more useful for teachers with the most current and timely seas than videos for use in your classroom. you can find the most watched the video clips, organized by subjects and topics. the latest and education news and the chance to connect with others c-span classroom teachers, and it is all free. sign up but the new web site. it is the only collection of american presidential portraits painted by one artist. american presidents, a life portraits, by a renowned painter and sculptor. now on display a per duke university in indiana through february 21. ehrlick said the lives of the 43 men who have held the office through paintings, photographs, prints, and audio recordings, sponsored by c-span and the white house historical association. if you can i get to west lafayette, see the collection on-line at c

now, donovan concludes that this is not a stand christians can abate, because we are taught creationng happening at the present is good, but it does mean there must be some good, that there are, after all, losses of around us, even in the most dire circumstances, and those are dire boy on anything we can imagine. if you believe the critics, they are in danger of eight gestapo entity hauling them off of political advocacy at any moment. i'm not exaggerating. a few years ago, in berlin, there were prominent intellectuals, both american and german, who claimed that guantanamo bay was really set up to become a prison camp for american citizens critical of the bush administration. at this was so preposterous, we did not know to set -- what to say. you are either a suspicious sympathizer of that administration or you have your head in the stand and do not want to face what is coming down the pike. of course, there is an exact mirror image to be found in what we called equally vulnerable radicalization. this would call on the price to difficulties side. critical distance, if you will. we eq

to that, because there may be some -- they've been asked to be respectful of our needs for noise abatementeady to leave, i'll ask you to exit with the quietness of new fallen snow. i am also here to tell thaw it is not yet snowing. so we're all still fine in that regard. let me now open up the floor to questions. we do have staff with microphones. i would ask you to raise your hand. i'll recognize you. you wait for the microphone. identify yourself and your affiliation then direct yore question to one, two or all of the panel here. let me start over here on the left, science i ignored thince during the first round of questions. here comes the mike. >> bill, cic. the last summer was referred to how did the consolidation after the last summer work out on balance? were there any lessons learned that will be helpful for what may lie ahead, if there is flattening and perhaps decline in defense spending? >> well, i don't think we truly know the answer to that. i think what i take away, this is a personal view, having been in the industry when it occurred, was that it was necessary. it was the ri